I think you are right and a truly literate investor would never sell his precious bitcoins in such a troubled period. Therefore, it is likely to trade now beginners or those who are tired of bitcoin, well, or someone who just stopped believing in it.
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It seems to me that even today, when so many alternative coins have been created, bitcoin still does not have a serious competitor who could effectively move it from the first place. Although such a currency can and will be created, no one knows.
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It has been a difficult year, I agree, but we still have 4 months before the end of it, for which everything can change. The market is so unpredictable. We'll wait.
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It is very unwise to keep your coins on the stock exchange. It is best to choose a good, proven wallet for storage. For me it's cold wallets, now I use Trezor and while I'm very happy with it.
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If you are talking about the current market situation, retention is the best course of action. While the price is at the bottom selling coins is pointless, otherwise you will be left without profit.
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The best thing to do now with coins is to hold them until the price rises. Selling at such a low price definitely makes no sense. So you'll have to endure. All the same, the price will return to its previous positions.
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Bitcoin can be called digital gold only if you consider it as an investment vehicle. But in general I agree with you, bitcoin is the currency.
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There is no serious reason to throw bitcoin It has very great prospects and will be very expensive despite the constant price fluctuations.
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It's funny that bitcoin is already so popular and has been around for so long, but there are still people who either don't know anything about it or think it's a currency for criminals. I don't understand why this is happening.
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In order for the cryptocurrency to become fully legal all over the world, it still needs partial regulation by the government. And most likely, each country will have its own rules in this regard. The main thing is that they do not infringe on the bitcoin of its investors.
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I am not surprised by this fact, because bitcoin is such a convenient currency that it is impossible not to use it. And this chart is a confirmation of bitcoin is relevant for us and for our developing world.
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I invest in the long term, so do not worry about the level of the current market price of bitcoin. Advise you not to bother about it and just wait. Nothing depends on us.
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I also believe that all the talk about the end of bitcoin and cryptocurrency is just nonsense. It is actively developing, despite temporary setbacks, and we need to look not at its current value, but to see further prospects, which bitcoin has huge.
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Cryptocurrency is a completely new field of knowledge, in which there are not so many specialists, and especially skeptical media use it and present their negative opinion for the truth. Do not believe everything they say in the Newspapers and on TV, be able to draw their conclusions and form an opinion.
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This is reckless, because in the event of a bitcoin fall or just your failure with it, you can lose everything. Think about whether you are willing to take such a risk.
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If you think so because the price of bitcoin has fallen, then do not worry, it is temporary and the price will rise. This technology is needed by people, so it will be developed and used, and there is no need to talk about any death of bitcoin.
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Usually about the death of bitcoin say either skeptics or losers in bitcoin, or beginners. Therefore, these panic and malicious comments about the collapse of bitcoin are not worthy of our attention.
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Maybe the big whales having a large number of cryptocurrencies can really manipulate the market, but we still can't do anything about it. Just do not give in to General panic and take care of your investments during the fall of prices. And everything will be fine for you.
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I do this in a variety of ways - invest my own money, invest in ICO and then sell those coins, get rewarded in bounty campaigns. And so grows the number of my coins.
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I don't see any serious concerns either. This fall is not the first and certainly not the last. So just be patient and wait. The price will rise in the near future.
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