Would the best thing to do now not be to get out now while Bitcoin is worth at least three times it's low price this year. All small holders get their money out now. Let it fall. And then buy back low. Then everyone will get a chance of cheap Bitcoin not just whales.
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Bitcoin is a good investment now. If you want to say goodbye to your money. good buy. that's what I think.
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Wake up from this mad dream. Bitcoin will not reach 50k. It is struggling to stay above 7k. Why are people in dreamland.
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I put on the 2 as a kind of a joke. But it is no fun just now for folk that are losing money. I am very sad for them.
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I agree with you that another crash is coming soon. Why would people buy at 7.5 when quite possible it will go much lower than this and then they can get a real bargain if they want to buy Bitcoin.
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This is quite interesting. I have been thinking about it. There is manipulation but how much isn't clear. I read whales put in orders to buy/sell then don't follow them through so that makes an impact. But if the price goes low will people rush to buy or wait till the price goes lower still. That's the question. I was myself thinking there will be a big crash later today or tonight and then it will be black Monday. Even if that doesn't happen I think a climb back will be very very slow. And no rocketing prices.
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It's now a couple of days and gone down even more. More like a couple of years to go up. I haven't got money to spend and hope it will grow with every chance it might shrink to nothing. It might be black MOnday today on Bitcoin and Stock market. So I'm doing nothing.
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The big shock has come and gone. Maybe a bigger shock will be coming soon. But in reality the shock was that Bitcoin went to 20k. Not that it has fallen below 8K for now.
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Keep your money and wait. That is sensible. Rather than throw it into a chasm of unknowing.
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End of 2018 - 1002. That's my prediction.
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I think around 6.5k. It could go either way I suppose. But I think it will go down before it goes up.
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I have said this same. But nobody has listened and it's all hold hold hold. buy buy buy. Feed the whales if you like but I won't.
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I think what is happening is buy sell, buy sell with those day traders. And while they keep on doing that nobody is going to make anything. I think it's a bad time to buy till this settles down. So every penny put in by holders each day is going to those day traders for their profit. Till this stops it's all a waste of people's savings.
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Bitcoin is only worth the amount of money people have put in. Not everyone can take out. Some people have to lose if others make big gains. Now the price is dropping. Yes it will go up if lots of people put money in. Not everyone can take out more than they've put in. Though some folk seem to think everyone can make a profit. That is not true.
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Yesterday it did look as if the price was recovering but today it isn't. There is a good chance of a big drop today to as low as a couple of days ago or even worse. These rallys are very weak ones I think.
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I do agree with it's different this time. People will wonder what exactly is the purpose of bitcoin. Is it a get rich quick. No. Is it a store of value. No because it's too volatile. Is it a currency. Not really because it isn't accepted in enough places. In fact hardly anywhere. This could all change of course. But people should ask themselves these questions instead of blindly following these calls buy buy buy or sell sell sell. Why do they want to put their money into bitcoin.
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It is struggling to get to 10k. Every time up a bit and down a bit. I don't think it will go up much any time soon. Why do we need this crashes and booms. Is it a good thing. No it isn't. It's only good for people wanting a quick buck from other folks money.
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I would let a few boats go by before you get on. Anything can happen in the next few days. So watch price carefully. And if you want then invest when price goes down again. But not your life savings.
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I think the whales could be quite cunning more like foxes than whales. They will lure people in because the price will be creeping up so people invest their savings and then when everyone least expects it the whales will come along and take all the profits and more. Like a fox in a hen house. I think people should beware.
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I think it will crash very low then it might creep up again. I don't know what is holding it up now. I sometimes wonder if these figures for exchange we are given are always a true picture. How hard would it be just to make them up?
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