What are your opinions?
For a long time I thought BTC stabilized at $6400, then boom!
I would like to get some views to help me decide what to do.
It has been a wild ride (to put it mildly!) It can be scary.
Three months already, BTC struggled to maintain its value, which was above 6000 dollars, during which many people said it was a stagnant or stable price. But finally the price of BTC fell too at its lowest point between 3500 dollars and 4000 dollars. For those of us who are just ordinary users with a small amount of funds, we can only surrender and hope that this bitter reality can end soon.
indeed this decline is very drastic from the price of 6k dollars to down 3k dollars making people panic and afraid of losing their profits, but remember not to frantically sell BTC at a low price, I'm sure BTC in 2019 will definitely go to the moon.
I hope this will come true, so that its presence in the upcoming 2019 can change people's negative views on cryptocurrency (to be exact as happened lately), and can trigger people's enthusiasm, to re-invest their funds in this commodity.
What are your opinions?
For a long time I thought BTC stabilized at $6400, then boom!
I would like to get some views to help me decide what to do.
It has been a wild ride (to put it mildly!) It can be scary.
Three months already, BTC struggled to maintain its value, which was above 6000 dollars, during which many people said it was a stagnant or stable price. But finally the price of BTC fell too at its lowest point between 3500 dollars and 4000 dollars. For those of us who are just ordinary users with a small amount of funds, we can only surrender and hope that this bitter reality can end soon.
Everyone thought the 6000$ is the minimum the bitcoin can go and everybody was expecting bitcoin to rise from there. But bitcoin went even down to 4000$ and no one is sure if this is the bottom or it can go further down.
IMO such an expression can be categorized as hope namely the hope of someone who does not want the price of bitcoin to fall lower (is a natural thing). But they must return to the harsh reality that must be accepted, and they must also realize that the nature of the market's actual difficult for anyone to predict.
What are your opinions?
For a long time I thought BTC stabilized at $6400, then boom!
I would like to get some views to help me decide what to do.
It has been a wild ride (to put it mildly!) It can be scary.
Three months already, BTC struggled to maintain its value, which was above 6000 dollars, during which many people said it was a stagnant or stable price. But finally the price of BTC fell too at its lowest point between 3500 dollars and 4000 dollars. For those of us who are just ordinary users with a small amount of funds, we can only surrender and hope that this bitter reality can end soon.
I think it dropped so further down that it would be really hard to move to any direction for now.
You're right, and this's the fact that happened in the last few days. But now, in the past two days the price of bitcoin has bounced and stayed at the 4000 level, I think today is a good start for bitcoin growth, hopefully.
