Post
Topic
Board Bitcoin Discussion
Re: To be Fair I think bitcoin will go highest highs and then will collapse
by
k@suy
on 26/11/2020, 23:24:47 UTC
Considering that it almost touches the ATH few days back but from there on if we look slowly it started falling only and today went below 17k and now around the same price it is trading. So if we see this sort of thing happened in 2017 as well when it kept on falling and if it further falls then it may drag even below 15k which means going from bad to worse which we do not want to see that happen.

I was expecting a major correction before the new ATH, so at least for me this is not very surprising. The basics are still strong, and this means that even if there is a temporary dip, the prices are going to rebound in a short while. My only advice would be not to indulge in panic selling. The rally has just started, and if you sell your coins now, then you may regret about it later.

I guess we should already learned it from what happen wayback 2017 where bitcoin market value landed for almost $20000 but all of the sudden after the year ends it falls down in worse. We always kept on telling that the story repeat itself and I may not meant that we should panic selling our coins but i hope we do have a plan B if ever it happened again. I am worried it will happened again but i guess we should expect the unexpected.