Is Bitcoin likely to keep going down, in your opinion? Are you selling/buying it?
Topic: Another decline of BTC expected - page 2. (Read 699 times)
Is Bitcoin likely to keep going down, in your opinion? Are you selling/buying it?
I guess this was the one that was expected? If that was the one that is expected I am not too worried. Price of bitcoin has always been volatile and it has always moved up and down before and it will keep doing that now as well. We have started the year around 7k and we are still in profit but we have seen above 10k as well.
There is really nothing worrisome about bitcoin moving like that. The real trouble here is the fact that people still get excited about the falls and ups of bitcoin anytime it does that when in fact we should be focusing on longer term issues we may have. Such as price not really reacting to halving while it is getting closer, we should have seen some sort of increase right now that shows how bitcoin is getting prepared or anything from miners but we have seen none of that just yet.
There is really nothing worrisome about bitcoin moving like that. The real trouble here is the fact that people still get excited about the falls and ups of bitcoin anytime it does that when in fact we should be focusing on longer term issues we may have. Such as price not really reacting to halving while it is getting closer, we should have seen some sort of increase right now that shows how bitcoin is getting prepared or anything from miners but we have seen none of that just yet.
Selling Bitcoin now isn't the right decision, the price movement of it repeat itself thus it is very obvious that the price is undergoing correction with the possibility of pumping in the next few days presently the price is at $9K+ with $10K as the next target bearing in mind that halving is upcoming and good indication of more bullish movement of the price.
It wasn't the right decision at 10k, why should it be now? It's always got to be in the context of the person, though. You're a short term speculator then you shouldn't be an today's price without a stop loss killing you en route from 8700 on the weekend. You're a mid-term speculator then that stop was at 8k. You're a long termer and you're basically seeing more buy ins triggering right now.
Or you're not a speculator at all, halving is only one more milestone along the big picture game, so this is just another opportunity to reup that we should't have had!
In the last 24 hours, we see some huge dump on the market, - 10% someone from behind is just cashing it out. I have heard that the PlusToken scam address is moving again, selling and shorting. This is just one factor though, we all know that crypto has many parameters right now, like the corona virus scare, but this could be one potential reason one the market in matter of hours goes down unexpectedly.
The question. Why cash out all of a sudden?
Is he infected by the virus or is he hoarding emergency goods and will live in his bunker for years?
I mean, the epidemic might be worldwide by now but it ain't really that wide.
Just small amounts of people which almost all are travelers and then passing it.
But because they are warned it was stopped already in airports.
I just stay at home so I am not really intrigued with it.
But chaining it with bitcoin seems to be odd. So, what is the virus last December 2017? 20k to 3k.
In the last 24 hours, we see some huge dump on the market, - 10% someone from behind is just cashing it out. I have heard that the PlusToken scam address is moving again, selling and shorting. This is just one factor though, we all know that crypto has many parameters right now, like the corona virus scare, but this could be one potential reason one the market in matter of hours goes down unexpectedly.
I have no idea what's the reason for this but I saw some other traditional market is on the same downline. It's likely that we'll see the $7k prices again.Brace yourselves and stop looking at the charts for a week or two.
People put too much hope in halving, it's a huge event, no doubt about that, but in the past that event didn't have effects on the price right after the halving, some time will pass after that and only than we will see some significant price rise. Everything before that are just normal every day fluctuations.
Many people predicted this drop under 8k. I sold my trading stash a few days ago, and now I am waiting for good moment to get back in. Question is where will be the bottom, will we see the price under 7k? my first buy order is at 7500!
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In the last 24 hours, we see some huge dump on the market, - 10% someone from behind is just cashing it out. I have heard that the PlusToken scam address is moving again, selling and shorting. This is just one factor though, we all know that crypto has many parameters right now, like the corona virus scare, but this could be one potential reason one the market in matter of hours goes down unexpectedly.
I have no idea what's the reason for this but I saw some other traditional market is on the same downline. It's likely that we'll see the $7k prices again.Brace yourselves and stop looking at the charts for a week or two.
https://cryptodaily.co.uk/2020/02/btc-hold-trend-line-decline
Is Bitcoin likely to keep going down, in your opinion? Are you selling/buying it?
Declining is over for because now we are getting stable at $9k levelIs Bitcoin likely to keep going down, in your opinion? Are you selling/buying it?
but there might be some correction again in the next weeks or months as we’re getting closer to the biggest event in crypto history and this is the Miners Halving.
and also there is no reason why decline needs to happen when even the Corona Virus did not make the market fall that hard?i think it is much better to make a thread regarding the new growth of Bitcoin soon.
In the last 24 hours, we see some huge dump on the market, - 10% someone from behind is just cashing it out. I have heard that the PlusToken scam address is moving again, selling and shorting. This is just one factor though, we all know that crypto has many parameters right now, like the corona virus scare, but this could be one potential reason one the market in matter of hours goes down unexpectedly.
I have no idea what's the reason for this but I saw some other traditional market is on the same downline. It's likely that we'll see the $7k prices again.Brace yourselves and stop looking at the charts for a week or two.
In the last 24 hours, we see some huge dump on the market, - 10% someone from behind is just cashing it out. I have heard that the PlusToken scam address is moving again, selling and shorting. This is just one factor though, we all know that crypto has many parameters right now, like the corona virus scare, but this could be one potential reason one the market in matter of hours goes down unexpectedly.
There has to be margins of error, every bet has a premium to pay for it even when someone is excellent at calling out the general move.
Right this moment I dont see BTC has a negative trend to it until it proves that. We fell back today but overall its still in a positive phase. If I drew just a straight line across at the current pricing, I would look to whether it can hold this for the weekend and move positively entering next week.
Right this moment I dont see BTC has a negative trend to it until it proves that. We fell back today but overall its still in a positive phase. If I drew just a straight line across at the current pricing, I would look to whether it can hold this for the weekend and move positively entering next week.
Looking at bitcoin this was once again wrong. I am not one for bragging but I honestly said it won't or at least it doesn't have to. What people do not realize is, you can't predict bitcoins price in the future, if anyone could have done it perfectly, they would have been billionaires right now.
Not even joking, if you can guess bitcoin price correctly just 20 times back to back whenever it makes a big move, you could start with 100 dollars and become a billionaire by the time it ends if you could pick the tops and bottoms correctly. It moves so high and so quickly that there is literally no way you can't make money. We have seen here how close to impossible it is to predict what bitcoin could do, it could go up or down without any reason at all and we can't predict it.
Not even joking, if you can guess bitcoin price correctly just 20 times back to back whenever it makes a big move, you could start with 100 dollars and become a billionaire by the time it ends if you could pick the tops and bottoms correctly. It moves so high and so quickly that there is literally no way you can't make money. We have seen here how close to impossible it is to predict what bitcoin could do, it could go up or down without any reason at all and we can't predict it.
I don't really want to sell now that it is low,
I didn't sell it when it was still at $10K so why would I sell it now?
I believe in it's future price that it could still get way more higher than just $10K or even $20K so I would continue to hold it.
Selling Bitcoin now isn't the right decision, the price movement of it repeat itself thus it is very obvious that the price is undergoing correction with the possibility of pumping in the next few days presently the price is at $9K+ with $10K as the next target bearing in mind that halving is upcoming and good indication of more bullish movement of the price.I didn't sell it when it was still at $10K so why would I sell it now?
I believe in it's future price that it could still get way more higher than just $10K or even $20K so I would continue to hold it.
That would be the sickest decision to be made if they are trying to get a profit for this early stage, But in other case its a good decision if they want to sell it for short and buy again since by these strategy they can accumulate more profit but in smarter way. And hopefully we can broke that $10k$ again since if that target will get hit most provably many people will hold for a while to see the result.
But if we really need that money, then nothing we can do except sell it right now. I think bitcoin price movement now makes some people confuse to decide because the price is not going up or down and it seems, and we are seeing a sideways moment again this time. This time still is a good time to buy more bitcoin because the price now is down again, but hopefully, the price will not go down tomorrow.
https://cryptodaily.co.uk/2020/02/btc-hold-trend-line-decline
Is Bitcoin likely to keep going down, in your opinion? Are you selling/buying it?
Declining is over for because now we are getting stable at $9k levelIs Bitcoin likely to keep going down, in your opinion? Are you selling/buying it?
but there might be some correction again in the next weeks or months as we’re getting closer to the biggest event in crypto history and this is the Miners Halving.
and also there is no reason why decline needs to happen when even the Corona Virus did not make the market fall that hard?i think it is much better to make a thread regarding the new growth of Bitcoin soon.
I don't really want to sell now that it is low,
I didn't sell it when it was still at $10K so why would I sell it now?
I believe in it's future price that it could still get way more higher than just $10K or even $20K so I would continue to hold it.
Selling Bitcoin now isn't the right decision, the price movement of it repeat itself thus it is very obvious that the price is undergoing correction with the possibility of pumping in the next few days presently the price is at $9K+ with $10K as the next target bearing in mind that halving is upcoming and good indication of more bullish movement of the price.I didn't sell it when it was still at $10K so why would I sell it now?
I believe in it's future price that it could still get way more higher than just $10K or even $20K so I would continue to hold it.
That would be the sickest decision to be made if they are trying to get a profit for this early stage, But in other case its a good decision if they want to sell it for short and buy again since by these strategy they can accumulate more profit but in smarter way. And hopefully we can broke that $10k$ again since if that target will get hit most provably many people will hold for a while to see the result.
I don't really want to sell now that it is low,
I didn't sell it when it was still at $10K so why would I sell it now?
I believe in it's future price that it could still get way more higher than just $10K or even $20K so I would continue to hold it.
Selling Bitcoin now isn't the right decision, the price movement of it repeat itself thus it is very obvious that the price is undergoing correction with the possibility of pumping in the next few days presently the price is at $9K+ with $10K as the next target bearing in mind that halving is upcoming and good indication of more bullish movement of the price. I didn't sell it when it was still at $10K so why would I sell it now?
I believe in it's future price that it could still get way more higher than just $10K or even $20K so I would continue to hold it.
I am not selling my bitcoins and waiting for a reversal from the support. The while financial market is down and this include bitcoins too. I was hearing before that when the economy will crash, the stocks will be down and people will invest in bitcoin and it will grow exponentially. But this does not seems happening now as both the stocks and bitcoins are going down.
The idea was that people will consider bitcoin as a safe haven and if the economy crashes which means the stock market crashes then everyone will be running towards the bitcoin market along with the gold market and invest in bitcoin considering it as a safe heaven and since we had not seen those situation before even i thought may be that is possible if majority of the investors consider that as the case but with the recent economic reversal everything came down crashing and the market depends upon how long it will take to control the situation, if the situation worsens then it is possible that the market would slide down further. 
Bitcoin can take one more hit and could go down but that's it, we have started the year with around $7k in prices and that is bare bottom the market can afford to go down [1] but if it goes down any further than that it would be really risk and we could actually go down a lot more, just going to $6k could mean we could also go to $4k and that is not something we can really afford with miners who will want to make more money but they can't so they will probably close their machines to not make any loss and when they close their machines the transactions will be both more slower and also more expensive as well[2].
Hopefully, it won't go down too much in order to save the whole infrastructure we have built so far.
Hopefully, it won't go down too much in order to save the whole infrastructure we have built so far.
1.) It is unclear why you think so. Price is determined only by supply and demand. The fact that at the beginning of the year there was a certain price does not mean that this is a new bottom or something like that.
2.) As for the infrastructure: in fact, it would be very good if the price or the network complexity forced the miners to disable the old ASICs. This will reduce the pressure of miners on the price of bitcoin and will not affect the speed of transactions and commissions.
https://cryptodaily.co.uk/2020/02/btc-hold-trend-line-decline
Is Bitcoin likely to keep going down, in your opinion? Are you selling/buying it?
Maybe I should...but trying to forget it because even it drops (and actually it drops for sure) I keep it holding. I only have to buy Bitcoin if the price will fall back to $8k but it seems to be impossible to happen as we are close to halving event. If we could see dumps in the coming days, it actually be of normal correction and meant to happen all the time. So I have nothing to worry about it.Is Bitcoin likely to keep going down, in your opinion? Are you selling/buying it?
So close or not still there are possibilities that we will touch at $8k although we are near to that since the current price is $8700 and yet there is a less or maybe no participation of the current holder since for now Chinese got struggles since they are facing a crisis, Hopefully they can recover when halving nearly comes so that we can see a another set of price pumps until it reach for another ATH.
Let's just hope for the best for everybody we all know that it is not China that is affected here if not all but almost all countries have been affected with this outbreak and it weakens the economy since a lot of flights were banned or cancelled. Tourism is one big chunk of an economies growth and without it the economy will surely suffer and when the economy is failing it will affect all that it linked or related to it. Anyways, lets just hope they will recover soon and hopefully the price will then go up.
https://cryptodaily.co.uk/2020/02/btc-hold-trend-line-decline
Is Bitcoin likely to keep going down, in your opinion? Are you selling/buying it?
Is Bitcoin likely to keep going down, in your opinion? Are you selling/buying it?
I am not selling my bitcoins and waiting for a reversal from the support. The while financial market is down and this include bitcoins too. I was hearing before that when the economy will crash, the stocks will be down and people will invest in bitcoin and it will grow exponentially. But this does not seems happening now as both the stocks and bitcoins are going down.
I am trying to hold my bitcoin because I see that I don't make a profit from the previous buying bitcoin at the binance, and I guess that we might see a lower price soon. But I hope that in the next week, bitcoin price can return to the higher price, and bitcoin price will be able to break $9k again, and slowly it will break another higher price. This month, bitcoin price has experience in the downtrend, although we already touch $10k. Unfortunately, that moment did not stay for a long time. We need to hold for more, and I think we have a good time to buy more bitcoin at a low price now.
Holding is safer than trading! Trying to buy low and selling high doesn't work for everyone. From short term trading, I got into mid and long term trades, it works much better for me and sooner or later the price always swings in one or another direction.
I agree with that. In this situation, short term trading will not work much, but as you said, we still have mid and long term trades, but we can also hope that everything will be changed in the short term, and hopefully, the situations will change in the next week.
I am trying to trade with little money, just in case if I can make a nice profit, and I see that my chance is not much because bitcoin price is not increasing too high. As soon as I can see the rise in price than the price I bought, I will sell it to take the profit, and I don't want to hold and expect the next higher price because of it still difficult to see that is happening soon.
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