I really feel so pathetic when bitcoin's price go down but i don't have money left to buy some. I am just hodling my bitcoin which i bought at 12,000$ last year and really wanted to add more.
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You can only choose the best but if you add some twist to it, i think it goes like this. Panic buy when everything is going down because there is money in a stormy day. Don't get overexcited and keep your composure calm as you are waiting for the dip before you panic buy.
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It's been a roller coaster ride for bitcoin since last year and now, it seems that bitcoin is dominant in market fluctuation these days. But it's too early to tell whether bitcoin's track is better than last year. Let's just wait and see what this year brings for bitcoin.
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There are lots of speculated reasons why people are wishing for bitcoin's market price to fall down. One reason i have on my mind is that they are just spreading FUD so they can buy it at a lower price. Or maybe, they are those panic sellers who regret when they see that bitcoin is rising high.
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I love it when Bitcoin is recently on a crash because its market value will go down. Not only bitcoin but most of the altcoins too. I just pick those strong alt coins that falls down more deeper than bitcoin.
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The downfall of bitcoin and the altcoins is just normal and believe that it will rise again. Hodl all cryptocurrencies that you have in your wallet because crisis has an end and prices will be back in normal again.
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I think it will be lost most of value
I think of the other way in which bitcoin will reach an all time high value. I am much thinking about its market capitalization that might reach trillions of dollars and its market price at around 100,000$.
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People keeps on spreading FUD in hopes of buying bitcoin at a cheaper price. They are also these person who are frustrated who panic sell their bitcoins during falldown only to realize that skyrocketed to an all time high the following day. Or maybe, they are those people who just snob bitcoin when it was only valued at 1$ but they never bother to invest. No matter how hard they spread FUD, i believe that bitcoin's market price will never fall down that low at 3,000$.
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Market price fluctuations are just normal in the cryptoworld and there are lots of factors affecting to it. We can't also tell how long this situation stays and all we can do is just wait for the better days to come.
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That's what exactly the theory behind FUDs. They spread it around the internet, the social media and forums like this as well so as to make people worried about bitcoin's future and their investment. So when these weak minds and hands sell their tokens out of fear, the price of bitcoin and other cryptos are affected as well giving them chance to buy them at a very cheap price.
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That's really a good news since another store is utilizing digital currencies as payment for their goods as well as their services. It would be nice if those doubters about bitcoin will realize that cryptocurrencies are indeed, real.
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I just hope that all of these predictions will come true because per bitcoin graph, it showed a spike of its market value after it plunges to a dip at 6,000$. There are still a lot of resistance that make bitcoin hard to push through at 12,000$ but hopefully it will really reach or exceeds 20,000$ before this year ends.
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panic is a very harmless thing when you hold bitcoin or other altcoin because when it happens dump then you will lose 20-30℅ when you sell it. when you have bitcoin you should think not to sell easily when the market is falling, holding back is the best way to avoid losses.
Moreover, those who are panic selling their crypto holdings are contributing to a drastic fall of the cryptomarkets. So if people will just hold during the crisis, then we can see bitcoin's price to just drop a little. Hopefully that'll be a good example to new in crypto that hodling is the key for success.
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It'll just be easy to withdraw it in parts unless if your government has regulated bitcoin and cryptocurrencies for you will surely got noticed when you do the withdrawal transaction. Once you have withdrawn it in parts, deposit them in different banks too.
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Crashes of price in bitcoin and the rest of the cryptocurrencies are just normal but panic selling made the situation more bad. Prices goes down deep during panic selling and it's a good opportunity for use to buy cryptocurrencies at a very cheap price.
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I don't think that bitcoin's market price can be manipulated by somebody or entity. The reason why bitcoin's market price rise and fall is because of the demand of people, whales buying and dumping bitcoin, correction, and other events.
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Bitcoin is not only a savior but also a life-changer. I've been saved a lot by Bitcoin from my financial problems and it also heals my anxieties the way i look my future. That's the reason why i have kept bitcoin in my wallet for a long term HODLing.
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Being rich is according to fate and predestination
On top of that, being rich isn't always in the right place or time but also if you are lucky. There are those who doesn't even have diploma or earned education, out of school people, or dropout but became rich and very successful in life.
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It's the world that we live will be the one to be affected first if there is no electricity. Being used to live with electricity, imagine living life without it this time. As to cryptoworld, without electricity, it will cripple and eventually die.
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The was a time when bitcoin went from $0.85 to 28 and clash to $3! IF you have followed bitcoin chart you will notice many of this related patterns. Since middle of December that we have a reversals in price of bitcoin and almost all the altcoins, we have seeing a progressive bearish market. Bitcoin is heading toward $4,500 and I hope we are all prepared to buy at the lowest price.
But it didn't happen because the pattern that was created before doesn't guarantee us to be repeated again this year. As we can see, bitcoin has go the other way when it fall to 5,000$ which many have thought it will go deeper a bit more. But if it will going to hit 4,500$, so be it. Let's buy it then.
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