Quote from: Argoo on Today at 04:53:53 AM

Quote from: LogitechMouse on Today at 02:09:50 AM

Quote from: Lmaooo on December 04, 2020, 06:10:28 AM

I invested my daughter's savings 3 days ago yet the market is tumbling.
So, I lost some of her money due the current market conditions.

It's December, after all!
Are the bulls gone now or what?

You are posting this out of frustration right??
You thought that the rise of Bitcoin will continue right??

You're one of the many investors who bought Bitcoin at the top and now that Bitcoin is going down little by little, you are posting this because you are frustrated that your daughter's saving is getting affected. Bulls aren't gone. Its just that the market needs a correction. The traders must take some profit at some prices. We need this correction for the market to be shaken. Just wait for some time before it go up again.

Yes, it looks like we have another correction in prices despite the fact that there was already a short correction at the end of November. Bitcoin dropped to $ 18,240 and ethereum to $ 550. I expected good growth in December, but this is not happening yet. We can only hope that this time the correction will be short-lived. In general, there is still time for price growth.

Yeah but nothing to worry though, just a retracement as far as I know. We have been attempting to break the $20k price, however, there is too much resistance that the price can't really hold along the $19,500 and obviously a new break out has formed into the downsize. But then again, we have seen this multiple times already, so let's just wait, no need to rush things.