Is this the beginning of the death of Bitcoin? Well, the topic is now resurrecting again now that Bitcoin just experienced one of the biggest bloodbaths ever in its trading history. And this the trend right now for the whole cryptocurrency market...we are seeing waves of red all over.
No wonder the FUD community is now having a fiesta...they think that this can be the start of the end of the world...I mean the end of Bitcoin and that it can crashed soon towards the $100 price.
Are they kidding me?
FUDS are everywhere and those people who do always say that bitcoin would be dead this time.They are saying those things for how many years already, we did really see a dip but the price have somehow manage to recover as of now and we did see on those price range of 3900+ but eventually it rise up again and if you did make an active trade then for sure you are earning some bucks as of now.
And just like we saw before, when we are seeing a dup, some will claim that bitcoin has died or going to die. And exactly as I expected when I login today, I'm seeing a lot of thread comes to life again. LOL. The price is currently fluctuating around $4000-$4200 and to be honest, I thought that we might see below $4000. But then again, bitcoin was able to recover a little bit that's why it is still above $4000 and very much alive as opposed to be dead by now.
I wouldn't be worried unless it dips to around 50%. I'm sure it will recover soon enough.
yes I agree with you there is nothing to worry about, up and down prices do have to be in the world of crypto, and I'm sure currently bitcoin is down and going back up soon.
We already know how the markets work, its very volatile and unstable and its part of its 'design'. And this is a good side as well. Because this is a opportunity to those who wants to enter the market. They can buy in this dip, but it you don't like getting it now, the best choice to really hodl and not panic sell.