Post
Topic
Board Speculation
Re: Bitcoin in Freefall, What to Do?
by
lienfaye
on 29/11/2020, 06:47:38 UTC
So bitcoin is down $3,000 today and it seems to be getting worse.  Do you think this will be like 2018 again when it went to $18,000 then tanked and went to as low as $5,000 in the next year or so?  What would you do in a situation like this now or in the future?
It might happen, the price can drop unexpectedly even it seems we are already in bullish market. Its just shows that we cant certainly predict the next movement of bitcoin because anything is possible to happen, it can soar high further or turns down.

Thus in situation like this always be on the side where you can take advantage the market. Dont be greedy and have a concrete strategy to maximize your profit.