Today I'm thinking of selling my BTC even though it would be a big loss right now I've been with BTC a while and used to the volitility but this time I believe it's different
I was a believer in BTC and the future of crypto I believed having 1 or more BTC was a smart thing to do that many would look back in 10 to 20 years wishing they'd bought some when it was still obtainable by the regular Joe.
Now I feel that BTC will trend down hitting sub 1 dollars prices possibly even 0 over the next 12 to 18 months. the current coronavirus outbreak has been BTCs first real test and it failed hard and failed immediately. It's not a store of wealth and its failure to hold value in a economic down turn is spectacular and visible to all. Today I think BTC is a failed experiment. What are your thoughts?
So many people keep asking same questions when Bitcoin price start to fall down. But you should stop and think twice before acting.
For example I found that one for you;
One of our forum members asks in 2011 if the price of Bitcoin fell below $ 9.50, would you sell them all?
Some people here believe the true value of Bitcoins is under $5, and if the inflationary wall at $10 could be breached then it would plummet further. Basically would you sell everything to save what little value you have left?
And the other members answered: NO! Buy buy buy! Bitcoin price is not falling for the first time. There is no need to panic here. There are a lot of similar posts created here in the past, and many people who panicked and sold their bitcoin. And all those who do this are very regretful now.