Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: vaniosetiawan on September 25, 2018, 08:03:32 AM
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There’s been so many FUD all around the space, from people who are mere speculators to those who want to deliberately crash the price so they can buy cheaper. So based on this, what price will BTC get to and this will force you sell, count your loses and exit the space?
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No no no!! From space, you can not go out and in my opinion. It is better to let everything grow smoothly and not for several months. Then people really understand that this is a worthwhile investment. ;)
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This method is often carried out by large mafias to drop the price of bitcoin to a lower level. And after that they will enter all bitcoin at a low price into the bag to get high profits later. But, I also cannot predict what actually happen to this market. So far, the market is still down and it very influences the Bitcoin price. But, I think I will not set my exit price for this condition.
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For me if the price decreases it will force me to buy Bitcoin at a low price because it follows the market price and also forces me to hold it until one day the price of the coin rises. Now when the Bitcoin price rises, that's when I was forced to sell it and get profit from here.
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Now bitcoin can be bought at a very good price. But it is possible that it will be even lower. My opinion is to buy bitcoin for 6000 and sell for 12,000 or more. This is a long-term investment
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Joining crypto must cultivate confidence. If you become a fearful person, you won't get anything here. Crypto prices are very volatile, which is why during the bear market, you should not be in doubt. This will cause you to go with losses and success is just a dream.
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There’s been so many FUD all around the space, from people who are mere speculators to those who want to deliberately crash the price so they can buy cheaper. So based on this, what price will BTC get to and this will force you sell, count your loses and exit the space?
3 digit figure. We haven't seen bitcoin price <$1K for more than 2 years now so its going to be a big psychologically thingy for everyone to see that price and might call it a day for bitcoin. Fortunately, it won't be possible as there's too much at stake already. Investors and speculators won't allow the price of 1 BTC = < $1K.