Topic: How do you honestly feel about the recent bitcoin drop? - page 10. (Read 1476 times)
it's correct . This is not the first time that bitcoin prices have dropped sharply and this is a good time to buy more bitcoins. I find that the growth rate of bitcoin is very good. The current value of the bitcoin is only $ 6280 but tomorrow it could rise to $ 6500. This is good for you to make short term investments to generate quick profits.
Recent bitcoin drop was a temporary fall which can happen to any market but market manipulation and bad media information has fuel the situation when considering the bitcoin trading world. When considering manipulation unlike other markets crypto trading market is filled with manipulators and that is a major reason why we see values fluctuates without any reason and we don't see any good news that are broadcasting about bitcoin through media and its potential to the business world but most news are filled with negative effect that can happen to the financial world through bitcoin using which makes investors to avoid using bitcoin
How do I feel about it? Nothing. Bitcoin and cryptocurrencies in general have been fluctuating like crazy since forever, and don't expect that to change any soon.
I know it isn't the first time so maybe it will be a good time to buy?
If you're investing for long term, then it doesn't matter what price you buy the bitcoin at this price range. If you're planning on selling soon though, then no one knows if this is the bottom or not. It can still drop more. The lowest we had this year was around $5900, so it's definitely possible. But then again, no. one. knows.
I am relatively new on this and was just invited by a friend to join. I sold mine months ago so I really don't have much. I was thinking that I would have been deathly afraid if I had any bitcoin and this happened. I know it isn't the first time so maybe it will be a good time to buy?
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