Post
Topic
Board Speculation
Re: Will Bitcoin price pump to $20k dollars next year?
by
daarul50
on 21/12/2019, 15:52:06 UTC
Halving is a few months away, and looking back, end-of-year always posts awful price action and lame market movement, so I won't go so far into expecting anything good happening before 2020. After the halving is what's really interesting considering that we're in the greens for most of the halvings over the course of 10 years, and it will be no surprise if we get a small bullish movement after the halving.
i can not imagine when people buying a lot of bitcoin now , sell everything they have now to take this chance but after halving occured , the price of bitcoin plunged down to -50‰ or worse.

what you gonna do?

sell it immediately? wait for a month or two then if the price still did not move, sell it anyway?
think for the worst scheme before making any investment eventhough you know that there is a big chance , therr is always an unexpected thing to be anticipated.
I think you've got a point.if people are buying BTC and when good news coming,the selling pressure is going to be so big.So it's hard to say
it is been proven that a lot of people has bought bitcoin since it was at $10000 and guess what those buyers doing now?

yes cut that the losses , they can not resist to do that , they can not resist to get their value dropped that high and the most important they forgot the goal of buyig bitcoin at that moment is to support the halving day and hoping for the rewards later.

this is just a little bit drop , don't you worry and hold it until the day finally come.
be a believer and your faith will have a bigger rewards.
do painful things first now and chill on the penthouse in the future.
next year is expected as the next bitcoin ATH. do take the risk now or never.