I think not, many people speculate that bitcoin will fall ill. they see that bitcoin never goes down like today. and this is not normal.
but unlike me, I am more positive thinking about bitcoin today
Topic: How quick was the last bitcoin slide (Read 120 times)
If you think that history will repeat itself you;re going to have to wait till 2019 to buy in at the lowest price.
Yeah, that's sort of what i was thinking it might be.
I also think people will hang on longer this time as moving coins to from exchanges has become expensive, might make for a very protracted slide.
Few years back btc went from over $1000 to under $200.
Was this a gradual process like the current slide or was it more drastic?
Trying to work out how long before I buy back in.
Was this a gradual process like the current slide or was it more drastic?
Trying to work out how long before I buy back in.
Worst strategy is to think history will repeat itself with the same numbers and time stamps.
The last slide went for years and dropped the price at 1/5 of the ATH.
But before we had a slide from 266 to 90 that lasted only 6 months.
And there was also the drop from 30$ the years before.
Also during the 2013 nothing went like this growth, it was in a far shorter period of time and not with so many hiccups.
If you think that history will repeat itself you;re going to have to wait till 2019 to buy in at the lowest price.
I think it's okay that BTC dropped back to $16k. It could be some trading speculations. I'd rather wait a little bit. If the slide will continue it's time to convert it in fiat. Could be the beggining of the bubble blow.
Few years back btc went from over $1000 to under $200.
Was this a gradual process like the current slide or was it more drastic?
Trying to work out how long before I buy back in.
Was this a gradual process like the current slide or was it more drastic?
Trying to work out how long before I buy back in.
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