Post
Topic
Board Economics
Re: Is the Market Stabilizing?
by
panganib999
on 30/10/2019, 16:17:20 UTC
What are your opinions?

For a long time I thought BTC stabilized at $6400, then boom!

I would like to get some views to help me decide what to do.

It has been a wild ride (to put it mildly!)  It can be scary.
The market seems to be a stranger with stabilization, just observing the market movement and the price says it all. One day it will rise up to 10k then fall again at the same day leaving some traders regretting at some point of their decision making. If you're planning to buy bitcoin, buy it a low price just wait for the time thatbthe price is low then sell it high.
        At this moment the price is somehow being driven by China's words about blockchain technology. The market has been a roller coaster ride and will be affectwd by so many non-crypto factors so it would be hard to know and figure out when the market will reach stability.