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Topic: [2019-05-11] Six Months Later, Bitcoin Makes A Daring Comeback - page 2. (Read 330 times)

legendary
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And now we realized that a little bit too late that the crypto winter was the best time to get into Bitcoin
Speak for yourself. A lot of us have been buying and accumulating for several months. If you believed in bitcoin at the ATH of $20,000, why would you stop believing in it when it dipped to $3,000. The technology is just as a strong, if not stronger now that we have growing SegWit and Lightning adoption, than it was at the end of 2017. If you aren't actively trading, then stop constantly worrying about the price. Either get in for the future, or don't.
sr. member
Activity: 1008
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About 6 months ago in November 2018, Bitcoin took a nosedive. Things got so bad that a lot of people called crypto winter. Since then, the crypto market has been largely on ice until something happened barely 3 weeks ago. The bulls stirred to wake and the bears went off.

And now we realized that a little bit too late that the crypto winter was the best time to get into Bitcoin, hoard as much as you can then just hold it no matter what. Those people who believe that the dip is the best opportunity to get in are now smiling as they can realize big profits out of their investment. I think this is just a cycle repeating again and again with Bitcoin though we sometimes get impatient and throw the white towel when in fact the fight had just started. The bull is now taking the market and it is now roaring with a big smile.
sr. member
Activity: 966
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The last few months haven’t been exactly a smooth ride for Bitcoin and the larger crypto market. However, the market seems to be on a serious recovery mood at the moment, with Bitcoin leading the charge. In fact, according to a tweet quoting a Reddit post, Bitcoin seems to have already recovered from the sharp dip of late 2018.


Bears Have Retreated

About 6 months ago in November 2018, Bitcoin took a nosedive. Things got so bad that a lot of people called crypto winter. Since then, the crypto market has been largely on ice until something happened barely 3 weeks ago. The bulls stirred to wake and the bears went off.

At the opening of the week, Bitcoin was just recovering from a small slump caused by the negative news after crypto exchange Bitfinex emerged. Within a few days, the crypto has added some good percentages to its price. At the moment, Bitcoin is already clocking $6,800 and is expected to gain some more.

More Investors

Contributing to the twitter thread, a user opined that Bitcoin’s impressive recovery is bound to attract even more investors into the market. The fact that there are now many institutional investors dipping toes into the crypto business supports that opinion.

Source: ZyCrypto


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