Bairbe
Jr. Member
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Activity: 185
Merit: 2
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June 02, 2018, 11:30:47 AM |
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Bitcoin still broke the resistance level and swelled below 8000. How to behave? As always in such situations: to shove it in the ass (deeper) and judge sensibly.
- Are there any fundamental reasons for a strong fall?
No. No tangible impact on bitcoin was not enough to look at the news. The rate falls, but not because of objective external reasons, the fall is speculative - the market is replaced by weak hands. In addition, now in the end of spring and many traders take profit, which affects the market.
In the end: if your goals are long-term, such moments as now, you need to catch. It is better to purchase in stages – part of the purchase now, and part at a strong resistance level 7000-7200.
Earns not the one who saddles the wave on the trend (then everyone would be millionaires), but the one who does not panic and buys more on the bottom. Therefore, really rich people are so few – they are patient, balanced, and make unpopular decisions without looking at the mood of the crowd. The mood of the crowd is now-to go out. The mood of brokers is to buy. Decide which side you're on.
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Robotbitcoin22
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June 02, 2018, 11:34:39 AM |
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future . tomorrow or anytime. everyone will not know what bitcoin will be. including price. it could be the price up but it could be just the opposite. will be down or worthless
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iv4n
Legendary
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Activity: 3122
Merit: 1170
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June 02, 2018, 11:46:28 AM |
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Bitcoin still broke the resistance level and swelled below 8000. How to behave? As always in such situations: to shove it in the ass (deeper) and judge sensibly.
- Are there any fundamental reasons for a strong fall?
No. No tangible impact on bitcoin was not enough to look at the news. The rate falls, but not because of objective external reasons, the fall is speculative - the market is replaced by weak hands. In addition, now in the end of spring and many traders take profit, which affects the market.
In the end: if your goals are long-term, such moments as now, you need to catch. It is better to purchase in stages – part of the purchase now, and part at a strong resistance level 7000-7200.
Earns not the one who saddles the wave on the trend (then everyone would be millionaires), but the one who does not panic and buys more on the bottom. Therefore, really rich people are so few – they are patient, balanced, and make unpopular decisions without looking at the mood of the crowd. The mood of the crowd is now-to go out. The mood of brokers is to buy. Decide which side you're on.
Nice comment! I don't have nothing to add on this, people should decide do they believe in bitcoin or not, are they strong or they weak. Bitcoin is not a bubble like op said in his opening comment, I don't understand why people thinks like that after so many years, how people can't see price before couple years and now, 7k is great bottom, who buys in bottom will make profit, if 7k is not bottom, if price tend to drop more don't panic, don't cut loses, buy a little more, armed with patience, you don't need nothing more, you will take profit when price jumps up again, and that will happen. I think you deserved some merits for your comment, others should pay attention what you wrote and I hope they will understand you like I do, or maybe people needs to spend some time here, read a lot, do a lot before they are able to understand it. |
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thanhdat031
Newbie
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Activity: 280
Merit: 0
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June 02, 2018, 02:01:12 PM |
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Bitcoin at the present time resembles as a bubble.Once it goes up, it immediately pops out. It is normal that the price of bitcoin gets down but it's been a long time since it is on its original value or higher than its real value. Those who invest these past few months are suffering a lot of loaaes and they are losing hope that bitcoin will continue to drastically decrease in value. Do you have guys some advice for me? It will be really appreciated and I will be eternal grateful.
I think bitcoin is currently in an adjustment period. This year, probably, the corresponding growth may begin in the third or last quarter of the year, as last year, when it almost reached the level of 20 thousand US Dollars. I think we should wait for the expected growth to happen in the coming months. |
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Cabecabean12
Newbie
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Activity: 56
Merit: 0
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June 02, 2018, 02:16:58 PM |
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I personally think what happens to bitcoin is a tax problem will be an important issue later, if bitcoin is prepared. How to, for example, report the benefits accurately to the regulator. "My hope is bitcoin will continue to retain its value as a form of digital gold" Thanks  |
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Abete
Member
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Activity: 252
Merit: 17
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June 02, 2018, 02:21:11 PM |
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now we just need to be patient, bitcoin resurrection time is just a matter of time. this is just the turnaround of moments that we should enjoy as users and bitcoin owners.
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sirmitchel
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June 02, 2018, 02:38:09 PM |
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Bitcoin is in a bit of struggle, it’s clear that prices have gone down just quite recently.
It may be because its bearish at the moment, but these are momentary specs that
we’ve seen months ago. Bitcoin has always been this volatile for quite some time but
I have faith that this is not bitcoins end.
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vionas
Newbie
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Activity: 261
Merit: 0
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June 02, 2018, 02:48:27 PM |
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Bitcoin at the present time resembles as a bubble.Once it goes up, it immediately pops out. It is normal that the price of bitcoin gets down but it's been a long time since it is on its original value or higher than its real value. Those who invest these past few months are suffering a lot of loaaes and they are losing hope that bitcoin will continue to drastically decrease in value. Do you have guys some advice for me? It will be really appreciated and I will be eternal grateful.
Bitcoin is not a bubble, but bitcoin is a big coin in crypto, and do not worry about the current market price, because bitcoin can still increase in value and give you a profit. |
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roni12345
Newbie
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Activity: 45
Merit: 0
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June 02, 2018, 03:39:45 PM |
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Ups and down can happens. So chill. There is no doubt that if bitcoin loses the value....we should wait because it's price will increased.
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Nyenyepogi
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June 02, 2018, 03:50:47 PM |
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Bitcoin at the present time resembles as a bubble.Once it goes up, it immediately pops out. It is normal that the price of bitcoin gets down but it's been a long time since it is on its original value or higher than its real value. Those who invest these past few months are suffering a lot of loaaes and they are losing hope that bitcoin will continue to drastically decrease in value. Do you have guys some advice for me? It will be really appreciated and I will be eternal grateful.
I think the best solution is to hold your bitcoin because for sure it will bounce back, do not panic because it is normal and before you invest I know you know all the risk, try to control your self ignore those negative news and besides there are many speculations that bitcoin will hit over $20k, and we are in the second quarter of the year for sure before year end bitcoin will surpass our expectations again. |
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NNMT
Newbie
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Activity: 74
Merit: 0
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June 02, 2018, 04:06:24 PM |
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I think the current price of bitcoin is relatively stable, generally at medium level. If the bitcoin value increases drastically or decreases drastically, it will not be good. In the future, the value of bitcoin will increase, but not increase fast. Good luck.
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Emanammy
Newbie
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Activity: 83
Merit: 0
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June 02, 2018, 04:17:58 PM |
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i think bitcoin will become more popular among peoples and users.It is known by almost everyone in future.
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Keyboard PC
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June 02, 2018, 04:24:30 PM |
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it looks like this is a very normal movement because bitcoin moves up and down, if you can see the graphs then bitcoin when January to July usually bitcoin entering a down trend after it enters the bitcoin year-end phase will be very expensive.
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Triwiyono
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June 02, 2018, 05:19:29 PM |
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just calm down, bitcoin price down it's often happened because the bitcoin price is unstable. but there will definitely be a time when prices will drop drastically and will rise drastically. if the current bitcoin price is down you better do not panic, calm and do not sell your bitcoin, because you can lose. my advice, keep hold your bitcoin and wait patiently until the price goes up.
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C. Bergmann
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June 02, 2018, 05:48:44 PM |
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Don't panic. I don't think bitcoin will continue to decline. The market is saturated. $6,500 is the bottom line for bitcoin this year.
As long as we continue to believe in bitcoin, it will grow steadily in 1-2 months.
Well as of now the price of bitcoin is gradually decreasing we cant totally say that it will increase but i know sooner or later it does. So those who is holding keep it up it will grow and even surpassed our target price best hope for bitcoin. |
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ACVinegar
Member
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Activity: 196
Merit: 20
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June 02, 2018, 05:58:30 PM |
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Bitcoin now are still in good situation, but I cannot says how long it is. As of today price of bitcoin are fluctuation stable and possibly increase up or fall down, however whatever happen in bitcoin I cannot remove my investment in this coin. Because if I do that I will lost all the money I spent to invest in this coin, therefore I believe that this coin will recover and reach again the price $20,000 last year. Hoping that it will happen again.
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semediu
Newbie
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Activity: 38
Merit: 0
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June 02, 2018, 06:37:23 PM |
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I would say that BTC is in a bubble, because to be honest, the value we see, artificially inflated, it can not follow that rhythm. so I think we will see this pump and disposal for quite a long time.
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Bitcoinbitcoin0909
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June 02, 2018, 06:57:52 PM |
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Bitcoin at the present time resembles as a bubble.Once it goes up, it immediately pops out. It is normal that the price of bitcoin gets down but it's been a long time since it is on its original value or higher than its real value. Those who invest these past few months are suffering a lot of loaaes and they are losing hope that bitcoin will continue to drastically decrease in value. Do you have guys some advice for me? It will be really appreciated and I will be eternal grateful.
Well, we cannot bring hope right now since the value of bitcoin is still crashing continuously. All I can say right now is that we are putting all ourselves on a great risk and this thing we are doing may only end up on loosing more money or gaining back again. We don't know what the future holds, maybe bitcoin will rise tomorrow or will keep on falling but we can only gain or loose if we will keep going on. |
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S.R Rikto
Newbie
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Activity: 46
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June 02, 2018, 07:08:37 PM |
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I think Bitcoin is currently described as a bubble. Once it goes up, it pops out immediately. It is normal that bitcoin prices are low but it has long been after its original value or its actual quality. Those who invest in these past few months suffer a lot of those loaaes and they will continue to decrease the quality of Bitcoin that they are losing.
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Rana590
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June 02, 2018, 07:11:43 PM |
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i think bitcoin will become more popular among peoples and users.It is known by almost everyone in future.
Agree with you on this comment. Day by day many people are joining in bitcoin. It will favourite currency among the people when they will realize it. |
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