Post
Topic
Board Bitcoin Discussion
Re: My Bitcoin experience in 2019
by
Eugenar
on 16/01/2020, 05:27:19 UTC
Right now we are in a point in which it is very difficult to predict what bitcoin will do because it can take almost any direction, it is obvious that with the recent growth that we are experimenting people are very positive about the next movement of bitcoin but I'm not so sure, as you say it could still go down again because we still have several months left before we see the halving so all of that enthusiasm is bound to calm down and when that happens the price will go down as well.

I'm pretty sure that with the long time frame still have in bitcoin market before the halving, there is still a thought in most of our mind to expect that most people will probably sell their holdings and get the profit for the last 2or three times. Then followed by a market correct tion that will prepare each and everyone of us to buy the largest volume we could. With this, if ee plan to hodl bitcoin for longer time, we might miss the profits we should have even before the halving starts.