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Author Topic: will the price of bitcoin go down  (Read 657 times)
taquine (OP)
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August 13, 2018, 10:44:21 PM
 #1

Will bitcoin prices continue to fall?
this situation makes me hesitant, I have to sell or keep holding it back. because of the uncertain market conditions, I have to think wisely. give your best advice
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August 14, 2018, 12:30:08 AM
 #2

the price will go up or down!  Grin
look at this: https://www.turtlebc.com/tools/buy_percentage?period=3years

surely noone can tell you what to do, you must make your own decisions or you'll sooner or later lose your money. in general, btc will definitely go up, and some people say due to this "mining cost" that it won't drop below $5800.

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August 14, 2018, 12:49:44 AM
 #3

This question, perhaps, has two answers.

First is rather simple. Will it go down or will it go up - is like heads or tails, and u can just guess and believe in dat what you want.

Second is some deeper.

There are a lot of factors that affect any prices in the world. Studying these factors is a whole science.

However, somebody can simply believe in the theory of conspiracy and spend all his life looking for a source of insider information.

 May the Force be with you.
Justian1993
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August 14, 2018, 03:38:07 AM
 #4

Will bitcoin prices continue to fall?
this situation makes me hesitant, I have to sell or keep holding it back. because of the uncertain market conditions, I have to think wisely. give your best advice
I think the price will stag or continue to down until SEC announced ETF decision in 30th September.
So if you go for long term investment, you can hold until ETF. Because if SEC had announced ETF decision, most likely the price will rise. Then you can decide whether you want to sell or want to hold again later.
Good luck for you buddy.
vphasitha01
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August 14, 2018, 04:20:57 AM
 #5

I think you're posting this in the wrong board. So move this topic to the Bitcoin discussion board, without starting another Mega Thread in B&H section.
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August 14, 2018, 06:28:57 AM
 #6

No one knows exactly what will happen to the markets. Just my opinion though, there's a huge wall at around $5800 so it's slightly unlikely to go lower than $5800 short-term. Take my opinion lightly, I'm a trading noob.

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Risoruni
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August 14, 2018, 06:43:53 AM
 #7

there's a huge wall at around $5800 so it's slightly unlikely to go lower than $5800 short-term.

Agreed here. At 5800 there is strong support. I think that if we break this level, then we will drop to 5000 easily imo. As it was said earlier, I'm also not an expert in trading.

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mk4
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August 14, 2018, 06:54:07 AM
 #8

there's a huge wall at around $5800 so it's slightly unlikely to go lower than $5800 short-term.

Agreed here. At 5800 there is strong support. I think that if we break this level, then we will drop to 5000 easily imo. As it was said earlier, I'm also not an expert in trading.

Definitely. Same thought. I have some stop offers set up at around 5750 just if ever it goes below that. But then again. I could be wrong.

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jossiel
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August 14, 2018, 08:18:26 AM
 #9

1. The market has been uncertain since before.

2. Think wisely in a way that you don't include your emotion with whatever your decision is.

3. Sell if you are ready to stop your losses but hold if you can last and take it while looking at your bleeding portfolio.

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nthere
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August 14, 2018, 08:21:54 AM
 #10

No one can say what is going to happen.
So do your own research. But don't do your research by asking the people for their opinion. Cheesy
I mean technical research
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August 14, 2018, 08:34:03 AM
 #11

Today, the market has started to fall rapidly again. I still don't know what caused it. Bitcoin fell more than 12% in a week. This is a terrible change!

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August 14, 2018, 08:55:29 AM
 #12

Will bitcoin prices continue to fall?
this situation makes me hesitant, I have to sell or keep holding it back. because of the uncertain market conditions, I have to think wisely. give your best advice
My best advice, if you buy, HODL.
Its not easy, its not possible sometimes, but as bitcoin history showed us already many many times, those who HODL are those who WIN.

Will you be able to? Most aren't.
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August 14, 2018, 09:23:51 AM
 #13

Buy, sell or hold? I will answer to keep the coin at this point to see how price action evolves compared to the price points mentioned above.
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August 14, 2018, 09:31:36 AM
 #14

No one can guess what will happen with bitcoin now. It's still in the support zone, if you already have bitcoin now, just hold, don't sell because bitcoin can approach up trend next time.
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August 14, 2018, 10:19:46 AM
 #15

Will bitcoin prices continue to fall?
this situation makes me hesitant, I have to sell or keep holding it back. because of the uncertain market conditions, I have to think wisely. give your best advice
It will go down but do your own research before taking any investment decision.
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August 14, 2018, 11:07:45 AM
 #16

Bitcoin has continued to fall, but it is still lucky compared to other cryptocurrencies, you can see that ETH has fallen below $300!
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August 14, 2018, 01:02:46 PM
 #17

I advice you to wait now and don't sell your bitcoins you can sell it when the price of btc be over 10k $
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August 14, 2018, 01:23:13 PM
 #18

Of course the price could still fall lower to $5k or somewhere in that region but who can predict that?
Just don't panic and sell your lovely bitcoins, I'd rather buy even more right now when they're cheap in smaller portions.
In other words: buy red sell green
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August 14, 2018, 01:42:37 PM
 #19

Bitcoin has continued to fall, but it is still lucky compared to other cryptocurrencies, you can see that ETH has fallen below $300!
Everything is down almost 20% since yesterday. We may still have a lot of volatility waiting for SEC news in September. After following the result, it's big fall or big push.
But by then be careful!

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August 14, 2018, 02:02:01 PM
 #20

It doesn't matter.


If you are in it for the long term - the price now is a drop in the bucket.     Invest what you can afford to lose, then sit on your hands.   Don't worry about short term price movement.


Now, if you are looking for small short term profits -  personally I'd hold off a bit and see what happens.



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