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Author Topic: Price Drops are only temporary right?  (Read 1996 times)
xPASTELx
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November 10, 2017, 01:48:42 PM
 #1

I mean forks are there and if it goes over it it will increase price right?

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November 10, 2017, 01:54:23 PM
 #2

I mean forks are there and if it goes over it it will increase price right?

Everything is temporary, change is inevitable in this kind of investment. Not just the price drop but also the price increase, these are all temporary. The only certain is your decision to take the risk. If you can't handle it then don't enter yet.

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November 10, 2017, 01:56:50 PM
 #3

I mean forks are there and if it goes over it it will increase price right?

that is if you can wait. it could take weeks, months  or a year or maybe even couple of years or a decade. so if you bought your btc at a price of $7500, sure that is pricey assuming you did, you will have to wait to see some profit.

i would dump if i were you and then buy back at $6000, this at least you know you might not have to wait for a decade.  Cheesy


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HabBear
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November 10, 2017, 01:58:16 PM
 #4

I mean forks are there and if it goes over it it will increase price right?

Haha, nothing is guaranteed. However in this year we've seen about 7 or 8 significant price drops, and each has found very solid support to drive the price back up within a week. We've also had years in this world where bitcoin has been down...for nearly the whole year. We're certainly due for one of those years, so I would expect a drop to come some time and for it to be more sustained than a week.

The segwit2x fork just got called off, I haven't heard if they're rescheduling or what.

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November 10, 2017, 02:12:32 PM
 #5

I mean forks are there and if it goes over it it will increase price right?
Hopefully but not confirmed because we can't predict about the future, what we have experienced from the past forks is that the price increases rapidly after the forks. BTW Segwit2X has been postponed and we never know after this downfall BTC will recover its price sooner or will take some time.

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November 10, 2017, 02:15:12 PM
 #6

As far as i know , value drops can sometimes last a bit but no longer than 2 3 weeks and it will rise higher sooner than you think .
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November 10, 2017, 02:23:56 PM
 #7

As far as i know , value drops can sometimes last a bit but no longer than 2 3 weeks and it will rise higher sooner than you think .
I feel bitcoin price drops are temporary and it will continue to rise again. Yes it is normal that bitcoin price is fluctuating daily and we should expect that it may high and low. So if you invest today wait it to rise again.

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November 10, 2017, 02:35:43 PM
 #8

Everything is always temporary and Bitcoins price constantly fluctuates so basically the price drops are temporary as well. Time will tell and Bitcoin will then again reach a new all time high again before December comes. But since the Segwit2x was cancelled, it changed the pathway of Bitcoin and made way for the Altcoins which are now trying to increase its price while Bitcoin is slowly decreasing.
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November 10, 2017, 02:38:40 PM
 #9

I mean forks are there and if it goes over it it will increase price right?
Hopefully but not confirmed because we can't predict about the future, what we have experienced from the past forks is that the price increases rapidly after the forks. BTW Segwit2X has been postponed and we never know after this downfall BTC will recover its price sooner or will take some time.

They said this was due to bitcoin price corrections in which if they start correcting the bitcoin value will fall down and the altcoins will go up as the opposite reaction. I don't want to believe it and i hope this is not of what they are trying to say and explained before because i'm thinking those post about correction is just a propaganda to reduce bitcoin and to become cheaper once again.

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November 10, 2017, 02:49:06 PM
 #10

Yes, it will soon rise again. The decrease in Bitcoin was due to the effect of improving Bitcoin by Segwit2X, which made the transaction faster and increased bitcoin traffic to 2MB. But this would mean that the fees would increase and that it would be unlikely that users would leave Bitcon. That made Bitcoin prices fall slightly. However, it was reported that the Segwit2X program would be canceled until a new reform. That's a good sign and people start coming back to Bitcoin for a slightly higher price

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November 10, 2017, 02:49:53 PM
 #11

I mean forks are there and if it goes over it it will increase price right?
Maybe, maybe not, no one can tell you for sure since the crypto market is unpredictable. Bitcoin is volatile so it's inevitable to see up and downs in the price, but from past experiences we can assume that the price will increase sooner or later, so up to one point, yes, the dips are temporary. Don't worry about the recent drop, take advantage of the situation and buy more coins, cheap bitcoins are the best bitcoins.

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November 10, 2017, 02:51:00 PM
 #12

Nothing is permanent. After a thousand cryptos, the only crypto which is somewhat reliable long-term is still Bitcoin. Unless you are a trader, you don't worry about drops too much. What's happening now is a measure of correction but Bitcoin will soon find a new high and consolidate.
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November 10, 2017, 02:52:59 PM
 #13

The price of Bitcoin has been very volatile in the last year, this huge fluctuation was inevitable around fork time or after such huge news that the fork was cancelled. We haven't see a failed fork before but if the general trend follows, we should see a rise again

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November 10, 2017, 02:58:35 PM
 #14

No, actually we all know that bitcoin has a great price value on crypto market I don't believed also it will down and 3 -2 weeks maybe 3-4 days. If ever the price is going down or drop after a few days bitcoin will rise up again and it is not temporarily that the price was always drop.
Try to research the graph about bitcoin price you amazed how fastiest they earned and grown up.

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November 10, 2017, 03:01:18 PM
 #15

I mean forks are there and if it goes over it it will increase price right?
You cannot expect a volatile currency like bitcoin to retain its price, the price is always moving, now we are suffering a correction since many investors are now taking the chance to invest in cheap alts instead of an expensive bitcoin and this is reducing the price, but do not worry bitcoin is not crashing or anything ridiculous like that, this is simply an adjustment of the price and nothing more.


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November 10, 2017, 03:09:02 PM
 #16

I don't want to believe it and i hope this is not of what they are trying to say and explained before because i'm thinking those post about correction is just a propaganda to reduce bitcoin and to become cheaper once again.

It doesn't really matter what people think will happen on this forum, no one being a market mover pays even a split second of attention on what's being said here or on social media. If they see no benefit in maintaining their positions at current levels, and thus feel it's time to shift to altcoins, which somewhat is the case right now, then it will happen regardless of what people think. After all, it's all part of the game, people have been switching back and forth for years now, and that's their choice - people just follow the money.

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November 10, 2017, 03:12:05 PM
 #17

Maybe temporary maybe no. In my opinion of course i would like the price to go up so that i will profit from my investment but if price falls down very hard then i will not blame myself for not selling because i am trusting Bitcoin and i know the risk that i took before investing on it.

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November 10, 2017, 03:34:43 PM
 #18

Maybe temporary maybe no. In my opinion of course i would like the price to go up so that i will profit from my investment but if price falls down very hard then i will not blame myself for not selling because i am trusting Bitcoin and i know the risk that i took before investing on it.
Yes we can't really predict what will be the price movement of bitcoin in the next days.But as far as i know,since bitcoin is very volatile,price drops usually lasts a week and it will immediately rise again.But if bitcoin price will continue to dump for a month or two,then it would be an ideal time for us to keep on buying bitcoins because for sure it will really pump again in the next month.

 
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November 10, 2017, 05:07:30 PM
 #19

I mean forks are there and if it goes over it it will increase price right?
Yes I blive its temporary drops look the previous history of bitcoin there is much more increasing and drop its called correction hope bitcoin very soon recover it and we see new milestone 8000 USD Grin

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November 10, 2017, 05:14:00 PM
 #20

You mean the current little price drop ? It is temporary, as it will rise, plundge, rise, plundge. A market is made of movements, and the successful trader is not the one which can predict them unreliably, it is the one who can ride them and thus make profits with its activity. It is way simpler than what one could think in fact.
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