Post
Topic
Board Speculation
Re: Bitcoin Price Dropping - Are You Scared?
by
Darooghe
on 28/09/2019, 23:34:48 UTC
Are You Scared or Worried? And what worries you? Or why are you confident?
Everytime it drops a bit down I hear my cash screaming "we want more BTC".
Bitcoin has been in the spotlight this week largely due to two unfavorable developments. The first one is the underwhelming Bakkt launch that failed to impress the cryptocurrency community. Second, the largest cryptocurrency finally broke down from a descending triangle after months of consolidation, prompting calls for a bearish dump to $4,000 or even lower but i am still positive about Bitcoin. It still can be a speculative investment people are interested about. Gold has failed so many but it still has value. Bitcoin certainly has utility. This is not investment advice but best time for buying.
By the way, Did you know BTC dropped 10% on the last Friday of every month for the last 5 months? If No, well you do now.