When the market is red, investors will panic, and many investors will sell their crypto, so the market will become more empty and the price will fall sharply.
The market prices will dump as investors is panicking and that is the best time to take advantage of the market in order to invest a huge amount and earn more profit.
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I bought some bitcoin in March 2017, sell half of it in Dec 2017 and hodl the other half since then. The current downward trend seem to last for a very long time and I'm quite upset about it. What do you guys think? Should I hodl or sell all my BTC now?
It was better to hold your coins now a days because the market price is still unstable, there is no accurate predictions about what will happen in the market so the best thing to do is just hold your coins.
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Well, we can't really say so, because the price of bitcoin is not constantly rising through the roof, sometimes the price goes down and this phenomena happens countless of times. so we can't really tell if the price of bitcoins will be $20000 by the end of the year.
There is a chance for the price of bitcoins to still reach $20k dollars because bitcoins price last year has dumped so hard because of china who bans ico's in their own country but still bitcoins managed to reach $19k dollars before the year ends.
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Value in the market consist of many factors. For example, popularity, investing in it, price on the market and others. In general they make surprise for today. My opinion about the value for your time is near 7k per one Bitcoin.
$7k dollar price is still expensive because the market price last year is just below $1k dollar so i think that bitcoins today is a good investment because it can grow even more in the future.
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I strongly get you point where you stemming from but i really don't hang all the blame on their ignorant by reason of fake news that really make people dump the coin. I believe there are relatively major problem and reasons behind the decrease in bitcoin price and if we all stick to hodl it will be better.
People should be knowledgeable about cryptocurrency before investing a huge amount so negative speculations should not affect their decisions if they have a good information in their mind.
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2018, for me, will be the deciding factor for bitcoin if it will be a part of our future or not. But taking into account the previous history of bitcoin, I think there's a chance that we will see bitcoin repeat the all time high last year or just close to it.
There is a huge chance that it will be part of our future because there are a lot of people in different countries who are investing on cryptocurrency and they are considering bitcoins as a currency.
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No one knows..anyone who has been been following crypto will lnow that its a cycle, the days of the bears are always numbered. So its all about being patient.
You are right, no one knows when the market price will increase again and all you have to do today is be patient because the price can always grow depending on the news and other speculations that crypto analyst are creating.
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bitcoin back to the low price and bitcoin falling down to the base price because there may be bad news that attack bitcoin prices that make bitcoin falling in price.
In my own opinion , maybe it was a bad news for other people that the price of bitcoins is dropping today but it also give them the chance to invest a huge amount since the market price is very high last year.
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Bitcoin is too resilient to perish though there are fluctuations in the prices on the market. Market will soon stabilize in no time.Do you believe that?
True, bitcoin can not die for now, this is just a price correction and it will not last forever, an increase in price definitely exists because bitcoin is still the best in crypto. Bitcoin will only die if the people will stop investing in the market but as of now, cryptocurrency is still growing strong which is a good sign for every investors who are hoping for the price of cryptocurrency to grow even more in the future.
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I do not believe it because I think it's just a crap made to deceive a lot of people. bitcoin price will reach $ 250k within 4 years? It is impossible ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) In my own opinion, it was possible to reach $250k dollars depending on the investors in the market and if the demand is consistently increasing before the year ends then $250k value is reachable.
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it looks like we are getting farther away by $ 50k, the bear market lasts very long and frustrates many investors. this makes many investors sell the bitcoin they have.
Yes it was far from getting $50k dollars but there is always a chance for the price of bitcoisn to grow even more just like what happened last year when china banned ico's which makes the price to drop so hard but still bitcoins managed to reach $19k dollars before the year ends.
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As what i have seen on the coinmarketcap.com for the market price for bitcoin that literally goes down to 6K usd is a good time to start the investment. I am waiting for this moment but still i need more money to invest on it. Well i hope i could get more money the following day so that i could invest in this time where bitcoin market price falls down.
Today price of bitcoin is dropping again to $6,500 and i guess were dipping again hopefully to go down at $6,000 or maybe under so i could purchase another bitcoin.we have same belief that the best way to earn here is buy in dip and hold as long as what it takes to make good profit In my own opinion, if the prices is dropping then it means that it was good to invest even more and you can take advantage of the current situation in order to earn more profit in the future.
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Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.
The market price last december just grow so much and it was normal for the price of bitcoins to drop today since it was actually the feedback of having a high value, volatility of the market is the reason why the price today is low.
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I still believe that bitcoin will recover from fallen,and it will grow up to the higher again.how about you?!
No matter how the market price of bitcoins price drops, it will still always recover because people will continue to invest since it was very profitable due to the volatility of the market.
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the growth of bitcoin and other digital currencies is expected to make a big change when a drastic adoption occurs. In the past few days etf has made a big impact on the development of growth, hoping that change will begin with increasing adoption around the world.
The massive growth will only happen if most of the governments are going to accept crytocurrency on their own country so keep on holding your coins till it happen because the price might even rich $50k dollars.
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First of all everything in this world is a risky gamble..every kind of investment are risky too ...but ofcourse for you to be able to manage risk in every investment especially in crypto currency you have to every little thin in it up to the biggest once ..how is it work.is it scam or not..and most importantly dont ever ever trust to anyone that says to you give them money and they can doouble it...so all you need to have are awareness and commonsense..
In my own opinion, trading is just the same as gambling with lower risk and people can always earn profit if they can hold their coins until the price grows up and not just immediately sell when the prices are dropping in the market.
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This is because the economic lesson is very important, many things related to the economy but the most important is the financial, if we can manage finances well then we will be successful and rich.
Yes you are right economy is very important in order to understand what is happening in your own country and that is the best reason why we should study about the economy.
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as far as I can see btc is treated more as an asset and in order for it to become the world only currency we need to experience something huge as a world where balances will change hand.
Bitcoins is very popular today and it was already treated as an asset and that is the reason why there is a very bright future for cryptocurrency so keep on investing today while the market prices are still low.
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You need to save money and invest money that you are ready to lose, because investing in something like cryptocurrency is a big risk. My advice to you is not to invest more than 20% of your capital
In my own opinion, investing on cryptocurrency is very profitable and that it is the best asset you can have now a days because the volatility can be used in order to earn more profit.
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As some others have already said, everyone should diversify their portfolio, but sometimes people think that trading cryptos is a quick rich scheme... This was maybe true in 2017, this year it is a bit more difficult to really gain profit. I would only invest money in cryptos that you are willing to loose.
The market is volatile so obviously, you will not earn profit immediately and you may lose money as well but the best thing to do is just hold your coin until the market prices pumps up.
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