Bitcoin in going down, is it bad...?

[suprex333]

Bitcoin is now at about 6k$...

I bought tons of bitcoin when the price was at 3k$ and then sold at about 17k$, I made profits then, but now I don't think that the price can go up again...
Will it?

the current state of bitcoin is down. but even though the current situation is down but you have managed to make a profit, and that means your strategy is good enough so it is not disappointing to sacrifice time.

Actually, your condition to get profit is still there if you can be patient again. Bitcoin is down, but it still has the good value from the price before two years ago, looking at charts and studying, there will be a surge every four years. Bitcoin runs for about 10 years, so the opportunity to enjoy profits still exists. Just be optimistic and can make the right decision later.

[Campbell Murray]

I saw a chart at a bloomberg event that overlayed the icos launching with BC &Ether price over 12 months and they correlated into the high 90 percentiles. Outake - bitcoin hype started with ico proceeds being exchanged into Bitcoin and Ether (the gold standards of crypto right?) and this started the spike. the spike ended at around $7000 and the continuation in Nov to $17k was entirely market speculation based on the above mentioned spike.

so 2 separate and sequential scenarios played out.

the end of the speculative bubble has resulted in incoming investors behaving more like real investors and carefully selecting which ICOs to back. this reduction in ICOs successfully lanching has further reduced demand for BC.

so the net net is that there will likely remain a link between the level of ICOs and the bitcoin demand. the only other factor to consider is the current trend to see bitcoin accepted in main stream economies as an alternative to fiat. Consider the tradability/liquidity angle - when you can pay for 50%+ of your monthly spend with it, it will likely become a very real currency indeed. (not just ferraris and super yachts)  
 

[Xxmodded]

Bitcoin is now at about 6k$...

I bought tons of bitcoin when the price was at 3k$ and then sold at about 17k$, I made profits then, but now I don't think that the price can go up again...
Will it?

if you look at the movement of the last few months, bitcoin stays at 6k. yes there is no more than 7k growth then goes down to 6k.
I think this is the same pattern and there is likely no more improvement in growth or decline. I think it's better to buy altcoins.

[kalstarzz]

Bitcoin is now at about 6k$...

I bought tons of bitcoin when the price was at 3k$ and then sold at about 17k$, I made profits then, but now I don't think that the price can go up again...
Will it?

It will rise if we stay positive and we believe. I can see that somehow you are afraid to risk , cant blame you but that profit is already a large amount of money. Bitcoin price is unstable , unpredictable we just need to be patient and stay positive.

you're right, we don't need to be afraid to invest in bitcoin, it's just that for now bitcoin needs a long time to raise the price again. so keep thinking positive.

[bezygly]

How interesting ... And how did you determine when you bought bitcoin 3000 and sold 17 000, you also wrote here?)))

[beezunus]

of course the falling price of bitcoin will be bad for people who have bitcoin and buy when the price of bitcoin is high, but we have to keep thinking positively because with the falling prices it will be a good opportunity for us to buy at a low price

[kemmycrypto]

thou it's bad for some people but to some is an opportunity to invest. apparently low in cryptocurrency is not really good for those investors that have bought the coins when the price is somehow high . anyway they to stay positive about and wait for the market to pick up again.

[ChristinaPi]

Because Bitcoin is unstable, there is nothing strange with this stage. But i think it will soon recover

[xyxyrizcah]

I think its not bad. When enter the market everything can happen. Going up and going down is normal in bitcoin. Please keep in mind that the future of Bitcoin may increase again

[bamine]

Bitcoin in full drop is around 5500/6000. It is not only good, that's mean also that the cryptocurrencies revolution Has begin.

[Osakrita]

Every dip or presents a dual scenerios, an excellent buy opportunity for those currently do not hold any or would like to get in, and a loss scenerio for those who hold tons of it, so it depends on who you ask

[Janeetaa]

In my opinion it's a natural thing, in the market there must be prices going up and down. Indeed, the price of bitcoin has just dropped, but I'm sure the price will rise again. The important thing is not to panic to sell it better to keep holding it and be patient, will definitely benefit from it.

[Zo yins]

bitcoin down isnt a bad thing. that's a chance to us getting profit
ofc we can take that chance, buy low and sell high

[newbie-hero]

Bitcoin is now at about 6k$...

I bought tons of bitcoin when the price was at 3k$ and then sold at about 17k$, I made profits then, but now I don't think that the price can go up again...
Will it?

the current state of bitcoin is down. but even though the current situation is down but you have managed to make a profit, and that means your strategy is good enough so it is not disappointing to sacrifice time.

It is even good for the people, who have just come to the crypto world. Now, they are able to invest less money in the cryptocurrencies as soon as they are very cheap.

[cutecute]

Bitcoin is now at about 6k$...

I bought tons of bitcoin when the price was at 3k$ and then sold at about 17k$, I made profits then, but now I don't think that the price can go up again...
Will it?

For me it is not bad when bitcoin is going down because if you work here for a long time you will know that it is normal.

[LyQaN]

Good to see that you have earned a profit and and you are not in loss, anyways market always goes up and down generally not specifically of bitcoin only,though the price has decreased to great extent , there are chances that it will rise up again cover losses for people who have suffered it.

[jademaxsuy]

Bitcoin is now at about 6k$...

I bought tons of bitcoin when the price was at 3k$ and then sold at about 17k$, I made profits then, but now I don't think that the price can go up again...
Will it?

How about now? As of this moment i saw bitcoin market price goes high same with the ETH that has a huge market price fall down. I had this mind already that these crypto could recover it may be slowly but somehow it will be surely. I cannot believe why there are many members here that would always love to say that bitcoin is dead. Well it ain't going to happen.

[Larva14]

Bitcoin is now at about 6k$...

I bought tons of bitcoin when the price was at 3k$ and then sold at about 17k$, I made profits then, but now I don't think that the price can go up again...
Will it?

In fact, the declining price of bitcoin is totally bad because it may result to a low income and money but you should not worry because it is normal and there is nothing to afraid of. I think many people are now scared especially the people who buy at the price of $20000 - $18000. Lastly, just be patience simply because it will rise again and it will help you to make more income.

[Appiah95]

If you think you have enough to reinvest then I would encourage you to do that. Bitcoin will surely rise to the top again so am not afraid to invest into it.

[Biet12]

the decline in prices will not be bad so it will get better,
like last year buying prices is still low but now the price can be said to go up and can continue to rise to around $ 1 million dollars