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In my opinion, all Coin is currently in a DownTrend price, so that everything has experienced a very drastic decline, because all Altcoin including Ethereum always follow the price movements of Bitcoin. So it is natural for now the price of Ethereum falls.
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For now, I better not trade first, because the market is currently not good. I want to start investing next year, because many people judge that next year there will be an increase in price movements from Bitcoin.
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For me, the price of Bitcoin tends to change every day, so when we see the price for today continues to decline it is a natural law that often occurs in exchange, and when this decline is at a saturation point, I'm sure the price will rise very high, and I believe that the price increase will happen soon next year. Because today's price has fallen very deep.
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These price swings are totally normal for bitcoin. These market cycles happen in this exact same fashion time & time again.
Yes you are absolutely right, so if we all see Bitcoin prices falling like now, then you don't do big anger for Bitcoin, because prices fall now because of natural cycles that often occur in Bitcoin prices. So when we want to invest in Bitcoin you should learn about the knowledge of Bitcoin. And finally, I hope that next year prices will rise again. |
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The lesson that i learn from the market is don't over float your portfolio, diversify the market you are going in, good market will not always be there always anticipated the worst.
Yes, that is true. We must have a lot of knowledge when we want to enter the world of Cryptocurrency. Because like the current situation, the price of Bitcoin has dropped dramatically from day to day, making most projects go bankrupt. And for me when the market is like now, it would be nice to learn to analyze the lowest point of Bitcoin. |
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You might have taken a wise decision as bearish period is still in place and it doesn't give any sign it will go away anytime soon.
During long bearish periods is recommended to remain in fiat or Bitcoin rather than altcoins that lose faster their value.
Yes, it's better to sell Altcoin for Bitcoin now, then we hold the Bitcoin we have. Because Bitcoin doesn't really decline when prices tend to decline, unlike Altcoin, Altcoin can suddenly scam or lose value very badly. |
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Before all the coins soar again, you have to invest. Now is the right time to hunt Altcoin. You can buy coins that in your opinion are good and potential coins. If you still have old coins that you have saved, you can hold them and sell them when the coin price increases.
Yes that's right, sometimes people regret the mindset of those who tend to think a lot when prices fall very sharply like now, they want lower prices, but if prices go up again, they will definitely regret it. But for me the price of Bitcoin is now very low, so if I have a lot of funds, I will definitely buy it now. |
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For now, I am personally very grateful for Bitcoin, not for other coins. Because at the end of last year the price of Bitcoin soared very high, so I could sell my Bitcoin all for FIAT money. There I really feel that bitcoin has changed lives from zero to high value.
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I personally expect prices to rise again, even everyone who is here hopes so. Because Bitcoin has made many people get rich instantly in the past year, many expect it to happen in the coming year. So that the world community will be more fulfilled with the presence of Bitcoin in terms of finances will be more established.
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For situations like this, I personally still remain in the Cryptocurrency. Because I can learn how to deal with falling prices like now. Because the world of trade is not always profitable, surely there will be a decline in prices at each increase. And when the price drops I will buy more coins that are cheap.
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Yes it is true, for now holding bitcoin with the current price is very bad, but if we buy with a high price of Bitcoin it will be good we have to hold it back, than we suffer losses because of selling at the current price which is declining. So I personally want to hold a Bitcoin even though the situation is not as good as last year.
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For me Bitcoin is like a super hero who came to me when I needed financial feasibility, with Bitcoin we all have become someone who has enough finance. But we currently see the price of Bitcoin falling very deep, so I personally will continue to support and believe that the price of Bitcoin will increase again.
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In my opinion this is a scenario that was intentionally created by the Bitcoin ruler as if there was a war drum between BCHabc and BCHsv which aimed to reduce the price of BItcoin, because Bitcoin must decrease before climbing again in the coming year, so this is a mental burden and a test of patience for Bitcoin Investors around the world.
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In the Crypto world there are too many risks, for example, Investors buy Bitcoin at high prices and then the next day the price of Bitcoin falls very deep, so this risk must be understood by all Cryptocurrency Investors, because in the Crypto world there are many concerns not just thinking about profits, but a lot concerns at Crypto.
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Now it's very difficult if you want to see the rise in Bitcoin prices later this year, but in the Cryptocurrency world everything can be realized aka nothing is impossible in the Crypto world, I hope there is a miracle here, hopefully there are rich people who will buy lots of Bitcoin as soon as possible maybe.
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This must be good news. Japan’s attitude towards cryptocurrency is positive. This behavior is to prevent the cryptocurrency from being abused and causing damage to the economic system. This is a wise move. When people gradually limit the shortcomings of Bitcoin, the cryptocurrency market will skyrocket.
Yes, we have to follow the example of the Japanese government that is so concerned about Cryptocurrency growth in its country, very different from my country, which until now has not legalized Cryptocurrency. In Japan alone the government plays in Cryptocurrency which aims to protect Cryptocurrency from people who want to damage it. |
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There are so many experiences that I experienced in the Cryptocurrency world, I was happy and hard to feel when I studied at this big Forum, I first learned that Crypto was introduced in early 2017 by a generous friend, then after I learned a lot I tried to hunting this Bounty on the Forum diligently, and at the end of 2017 I felt the sweetness of being part of this Forum, because Bitcoin at that time was going up high and I was making a profit. It's nice to be here
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I think most of the Altcoin on the exchange market moves to follow the price of Bitcoin, so now the price of Altcoin is still below the standard price, because we see that the price of Bitcoin has also experienced the same thing since March last month, the price of Bitcoin has declined followed by Altcoin, but if Bitcoin prices rise, I think the price of Altcoin will recover.
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It is very easy if we use BItcoin, with little shipping and cross-country transactions only with an internet connection, the money we send to other countries arrives safely, so I think Bitcoin is a financial revolution in this century. So people are currently busy adopting Bitcoin for transaction purposes.
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Of course, we can be strong and overcome in this situations because we still believe that the market will recover after the red market. The red market is like a test for us and how serious we are to stay in the cryptocurrency. And if we can pass this test, I am sure that we will get a big reward in the future. No matter how hard we survive, if we are still focused on our dreams, I am sure that we can get great results for our life. And if you need money for your life, then I think you can try to take a look at the market, pick one or two coins, buy and sell and get the profit because this time, the market trying to make a change after it slept for a long time before.
I agree with you, the current test is like a test in the previous year, at that time Bitcoin has dropped after Bitcoin experienced a high price increase, and now that period is happening again, I personally reflect on the past that makes me strong now facing the storm is not over , because I have confidence in Bitcoin which always surprises people who believe in increasing Bitcoin prices. |
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