I have been reading through the forums and I have encountered this topic under the Market and securities section that this member of the forum said on December 2016 to wit, "I currently have $350 btc and i'm sure the price would drop on the next few days. I need a place to invest my btc somewhere".
As for my concern, how do they know that the price would drop? Would it be based on intuition, a tool to predict the future price of these btc or are there facts that support his claim?
Thank you, opinions/answers would very much be appreciated.
As for my concern, how do they know that the price would drop? Would it be based on intuition, a tool to predict the future price of these btc or are there facts that support his claim?
Thank you, opinions/answers would very much be appreciated.
Invest your money in trading. Now that you think bitcoin value will drop in the next few days you can convert your bitcoin into ethereum. Ethereum value is kinda stable for me ranging from 290 - 310 $ each ethereum this past few month. Once your satisfied with the bitcoin price drop, you can convert it again to btc and gain some profit if it increase the value. Well its not guaranteed but for me its a smart move.