We feel that bitcoin is continue falling the price but i believe that bitcoin will recover in the coming months and it will goes up continue. Many investor are waiting for bitcoin price goes up and they are patiently waiting for the pop of bitcoin. Bitcoin can moving up slowly.
Thats good for them to keep waiting because the price of bitcoin will take time to recover fully. Holding, for now, is the best choice ever because its not sold worthy for investors yet. We should keep patience and as much as I know till the end of 2019 price will gain some more increase in price, so waiting is the only best option according to my analyzation price can increase even in days.
Talking about keeping patience, I wonder:
How will be the patience of people who bought when the price was $17000? In 2 days will be 2 years since the price reached $17000. This means that people who bought when the price was $17000, are two years holding with losses... I had also bought when the price was $17000 and sold when it fell to $15000, was a good decision because The price has dropped to $3000. hold is very good, but we need to know time to sell
people who
only bought bitcoin at $17000 are newbie idiots who have already sold their coins a very long time ago (a year ago at least) because $17k was not a simple price rise over a long time lasting that much then crashing out of nowhere! it was the peak of the bubble and the end of a 2 year long bull run.
anyone who waited that long to enter bitcoin and didn't buy the entire year that price was rising slower from $700-$800 to $10000 and only bought at the very end (in the last 2 or 3 weeks) is a big idiot who has no idea what to do with his money. these people panic sell the moment price comes down from $17000 to $16999 they won't even wait for the full drop.
anybody else who bought at those levels such as investors that keep buying every months or two already know what they are getting into. they have always had plans.