Topic: It is so RED. For how long? - page 2. (Read 329 times)
It is really hard to predict for now the movement where bitcoin will go down, This is really a bloodshed and we can not control it, But certain whales may manipulate the price growth and drop, but they can not control on how much it can drop, Let's just hope it finishes quickly so we can see a bullish trend again and we can make it to the $20,000 value this time or more.
This is how the crypto market works and no one knows on how long all this blood bath will end. This is a shake for the weaklings so for those people who bought this shake and they ride the panic then that's something that they should learn in the future. At this moment there's nothing wrong if you'll just stay calm and don't panic at all because everything is going to be fine again maybe not tomorrow or next week but next year.
People will definitely start buying bitcoin soon again. When bitcoin starts going up, we'll see the alts start going down. If you have thoughts about whether or not bitcoin is right for you while it's in the red, then maybe you shouldn't even have gotten into bitcoin in the first place. Volatility is a major part of the coin itself and it is what makes bitcoin bitcoin. When the alts go up, bitcoin goes down because people are letting go of their btc for other alts. BTC will re surge when people realize there won't be an opportunity to buy at this price soon again.
We've been off a terrible week ever since monday. I doubt that this can last very long at all because overall, i think that the chances of bitcoin making a comeback after this and breaking the $20k barrier is extremely high in my opinion.
My advice to new traders: Don't panic sell in these scenarios. 9 times out of 10 you'll regret it. And that one time you won't regret it eventually price will go back up anyways after a while.
If you see 5 straight red days like recently, then you know that it is probably a good time to buy, since imo it's hard for bitcoin to break $10k and keep going down so anything below $15000 is a great pickup.
My advice to new traders: Don't panic sell in these scenarios. 9 times out of 10 you'll regret it. And that one time you won't regret it eventually price will go back up anyways after a while.
If you see 5 straight red days like recently, then you know that it is probably a good time to buy, since imo it's hard for bitcoin to break $10k and keep going down so anything below $15000 is a great pickup.
This is how the crypto market works and no one knows on how long all this blood bath will end. This is a shake for the weaklings so for those people who bought this shake and they ride the panic then that's something that they should learn in the future. At this moment there's nothing wrong if you'll just stay calm and don't panic at all because everything is going to be fine again maybe not tomorrow or next week but next year.
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