Post
Topic
Board Bitcoin Discussion
Re: Store your bitcoin
by
madhavsinghrajput
on 18/03/2020, 18:52:17 UTC
The crypto markets will rise again after several months says who? Your crystal ball?

The halving is in under 2 months, miners won’t be selling much due to the low prices, the supply of coins is cut in half so it’s very likely that the price will rise fairly significantly before the end of the year.

The OP doesn’t need a crystal ball to predict a rise in bitcoin once this COVID-19 rubbish is over.
I think he is right.I mean i agree that there is no factual proof of miners and everything but lets be positive on this.
Quote
How'd you say so? Unless you actually have proof from miners themselves whereas they said that they won't be selling. Not saying that that's impossible, but unless you know for sure, we're just merely speculating(which brings us back in the 'predicting' zone). Also, a halving doesn't automatically mean we're going to have a price rise especially in the short-term(and possibly mid term).
Thats why LFC_Bitcoin has mentioned that we might get up move in last quater of this year.We all know this dumping in bitcoin market is due to poor performance in fiat market and that is because of covid-19.Streets are vacant,shops are closed and business are at rest but i disagree to the fact that this would be continued till the end of this year.I think sooner will be businesses up and running and this will cause infusion of liquidity which will help every market to get stabilized.
Soo my view is to be stay positive and try to invest and buy as many as possible depending on your holding capacity people will get healthy return for there investment.