Topic: Bitcoin in going down, is it bad...? (Read 3487 times)
Bitcoins is going down and has reach it lowest form since months now it was trading around 6300 to 6900 price range. As it has break into the 5000 zone it is likely to move downward more.
The decline in bitcoin will be bad when we panic and sell low, and it will be a good condition if we buy in a downturn because we can buy cheaply. In each condition can be negative or positive, and that depends on how we determine a choice.
I'll be very direct I'm kind of nervous for what it's happening, the sudden crash that we saw happening today is very worrying, I'm not thinking about selling my coins because I know that the price is going to recover but to deny that is hard to hold my coins when the price moves in such a way will be a lie.
Its depends in the situation because if you need to convert your bitcoin to real money to use it to buy your personal belongings its bad because you can loss your money, but its good time for many trader and investors in crypto world because if the price of bitcoin is goes down, that the good time to buy a lot of bitcoin and hold it and wait the good price to earn more money.
Oh, so you manage to get in the rocket. Bought at $3k then sold at $17k, so you only waited not more than a year if i'm not mistaken. You should understand that we won't going to have a new ATH yearly especially the current ATH is quite high. If it will take more than 2 years to have a new ATH, it's fine because it's really worth the wait.
I am afraid that there is last chance (last months) for quick ATH.. I think lots of money disappear from market due to incoming financial crisis - There is a hope that bitcoin will work as store of value then - but I find such scenario unlikely.It can that people are losing trust in bitcoins for the time being. The Reason we see some high spikes and drop in prices over the time and platforms like Bitmex are to be blamed for this. We need a stable bitcoin price in order for the investors to regain the interest in big investments in digital currency.
Yes, it really looks bad especially if you have bitcoin in your crypto wallet and bought it at a much higher price like last december. Just don't stop holding because that's what experienced crypto investors do when they encounter a bleeding market on the way.
Your mind is filled with panic if you never think bitcoin will be able to increase, this is just a correction and in the future it can grow in value, just be patient and stay calm, because bitcoin has the opportunity to increase.
Not all the time down of the value of the bitcoin is bad because you are chance to buy more bitcoin with cheaper price. You earn more money when you sold your bitcoin you can buy more bitcoin at 6k dollars price because it will up again for sure.
Now it does not matter how low the bitcoin price will fall down. The lower it falls, the greater will be the growth of the market, which everyone is waiting so much
If we will be able to bit at this price and managed to keep it till it makes ATH again which might take a long time then this bear season still have good to offer at least to some who didn't invested in its before hype. 
Now it does not matter how low the bitcoin price will fall down. The lower it falls, the greater will be the growth of the market, which everyone is waiting so much
Oh, so you manage to get in the rocket. Bought at $3k then sold at $17k, so you only waited not more than a year if i'm not mistaken. You should understand that we won't going to have a new ATH yearly especially the current ATH is quite high. If it will take more than 2 years to have a new ATH, it's fine because it's really worth the wait.
I am afraid that there is last chance (last months) for quick ATH.. I think lots of money disappear from market due to incoming financial crisis - There is a hope that bitcoin will work as store of value then - but I find such scenario unlikely.
Oh, so you manage to get in the rocket. Bought at $3k then sold at $17k, so you only waited not more than a year if i'm not mistaken. You should understand that we won't going to have a new ATH yearly especially the current ATH is quite high. If it will take more than 2 years to have a new ATH, it's fine because it's really worth the wait.
Bitcoin is now at about 6k$...
I bought tons of bitcoin when the price was at 3k$ and then sold at about 17k$, I made profits then, but now I don't think that the price can go up again...
Will it?
I bought tons of bitcoin when the price was at 3k$ and then sold at about 17k$, I made profits then, but now I don't think that the price can go up again...
Will it?
In my own opinion, it was not bad if the market prices are going to drop because you can still invest a huge amount while it was low in order to earn more profit when the market starts to pump up again.
You have earned profits so much, are you now a person who has no patience and becomes greedy? Don’t let yourself fall into the hole, it won’t bring anything, you’d better think positive that you can finally buy Bitcoin back.
Your lucky because you bought bitcoin when price is cheap and you sell when price is very high. Your money become more than 5 times. You can buy more bitcoin with that amount but if you want to buy like what amount you bought last yeat you can do.
There is no doubt that bitcoin soon recovered and was able to get past the highest position of the past year, now is the best time to buy because I am sure that we will soon get high RoI.
However, bitcoin is getting down but there's no need to get panic as this downfall is a transient phenomenon so it won't last for long. So one must be particular in the current situation and must be focussing on buy and holding up the coins as the market will soon bounce back attaining a higher value...
There is no doubt that bitcoin soon recovered and was able to get past the highest position of the past year, now is the best time to buy because I am sure that we will soon get high RoI.
It is not going down,fluctuations are very common in BTC.So i will say it is not bad ,it is just a part of investment.Ups and downs are very rare.Nobody should feel bad of price fall down,it has the capability to recover.We should not panic,instead keep on holding your coins for future.Sell them when price will increase.If price is low try to buy new coins and save them in your wallet.
No. It's very good that bitcoin goes down. The lower it falls, the higher and faster it will rise. So we are waiting for the growth of gentlemen. Everyone is already tired of a prolonged fall
Bitcoin is now at about 6k$...
I bought tons of bitcoin when the price was at 3k$ and then sold at about 17k$, I made profits then, but now I don't think that the price can go up again...
Will it?
I bought tons of bitcoin when the price was at 3k$ and then sold at about 17k$, I made profits then, but now I don't think that the price can go up again...
Will it?
In my own opinion, it was not bad if the market prices are going to drop because you can still invest a huge amount while it was low in order to earn more profit when the market starts to pump up again.
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