Post
Topic
Board Bitcoin Discussion
Re: What's going on with BTC?
by
Golftech
on 08/10/2019, 13:15:12 UTC
These guys say that BTC is going up thanks to apps such as Lolli and CasaHodl which have helped to accumulate and simplify the process of being a bitcoin market participant. https://cryptotradernews.com/cryptocurrency/why-is-the-price-of-btc-rising/

Any other explanations as to what's causing this BTC upsurge?


It was a bitcoin price pump by the whales and exchanges to attract people and institutional investors. Too bad the bitcoin price is falling down at the moment perhaps it is the market correction to stabilize the bitcoin price eventually. The way we're seeing the market is not looking so good but we never know what will happen tomorrow whether good or bad.
Therefore, it’s better to buy Bitcoin gradually, I’m buying Bitcoin when there is free money. I try to do this at least once a month. But I also buy Ethereum, because this coin is growing in trading volumes every day.
You can do this every time you have spare money that you are willing to forget for a while. The situations with volatile market like this is really hard to predict, you need to have a lot of patience to survive inside this market, the guide to succession is your presence of mind and dedications to enhance
your skills. More knowledge about the market the better chance to keep investing your money for long term goals.