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Author Topic: Bitcoin is dying?  (Read 2115 times)
Sethrey (OP)
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November 17, 2018, 10:17:23 PM
 #1

Hey guys!

I have some btc in my wallet and I believed in best but yesterday I watched some crypto news and everything seems to be even worse than I expected.
Some crypto experts told that till the end of the year Bitcoin will lose 50% percents and will come to 2500-3000$..

I don't know whether to believe in it or not.. There are so mane predictions these days.

What do you think about it? Is it still worth holding or it's time to sell everything and forget about it?
Baofeng
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November 17, 2018, 11:13:51 PM
 #2

Care to share who's this crypto experts? As far as I'm concern, there's no so called experts here because the price fluctuates and volatile because its a speculative asset.

I'm not a financial advisor as well, but if you're holding your coins then obviously you're not losing any money. Just stick to the basic, HODL strategy and look at the bright side of things, used this timing and take advantage to buy more bitcoin because they're at a a discount and very cheap. Best of luck!!!

 
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November 17, 2018, 11:20:57 PM
 #3

Care to share who's this crypto experts? As far as I'm concern, there's no so called experts here because the price fluctuates and volatile because its a speculative asset.

I'm not a financial advisor as well, but if you're holding your coins then obviously you're not losing any money. Just stick to the basic, HODL strategy and look at the bright side of things, used this timing and take advantage to buy more bitcoin because they're at a a discount and very cheap. Best of luck!!!


Very good advice mate for the newbies didn't understand well the importance of holding strategy and the importance of how to avoid loses, listening to the negative news are cause of panic selling and cause of loses.

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November 17, 2018, 11:42:56 PM
 #4

For me, i must confess that it Very hard to explain to a Newbie to Hold on after what happened last week. it was a disastrous fall unexpected by all even the so call experts did not see it happening.  it seems like we are experiencing a reverse of what happened last year. But never expect too much .  the big man will surely come back.
it is a matter of time. FOR YOUR INFORMATION, Don't believe everything you see on the Media.
the community here is More enlighten about bitcoins. you can always stop-by in the Bitcointalk forum if you feels like you are missing something and we will keep you up to date.  Cheesy Cheesy Cheesy
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November 18, 2018, 12:00:20 AM
 #5

Hey guys!

I have some btc in my wallet and I believed in best but yesterday I watched some crypto news and everything seems to be even worse than I expected.
Some crypto experts told that till the end of the year Bitcoin will lose 50% percents and will come to 2500-3000$..

I don't know whether to believe in it or not.. There are so mane predictions these days.

What do you think about it? Is it still worth holding or it's time to sell everything and forget about it?

“Bitcoin’s no longer boring” declares Bloomberg, before stating that analysts predict the price could fall as low as the $1,500 , a further 70 percent drop in the coin’s price. Everything could be possible but i think and hope BTC will fall we can buy cheap.


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November 18, 2018, 12:02:21 AM
 #6

For me, i must confess that it Very hard to explain to a Newbie to Hold on after what happened last week. it was a disastrous fall unexpected by all even the so call experts did not see it happening.  it seems like we are experiencing a reverse of what happened last year. But never expect too much .  the big man will surely come back.
it is a matter of time. FOR YOUR INFORMATION, Don't believe everything you see on the Media.
the community here is More enlighten about bitcoins. you can always stop-by in the Bitcointalk forum if you feels like you are missing something and we will keep you up to date.  Cheesy Cheesy Cheesy

 I am sure some people had FIAT in reserve to buy the dip, sold at 15k+ and went into standby mode since then. Smart ones were expecting a dip as I saw some comments on twitter/BTCTalk, how things look bad with incoming Hashwar and some contracts expiring.  + We had a fake breakout to the upside/failed rally.
Then dont forget  crypto needs fresh money/new investors to get itself out from the hole. Many got burnt by that FALL and scared.  Sad

News media = information for the masses lol. BTC is volatile, check old HUGE dips Sethrey,back then many were panicking about  BTC being finished. Is it?  Roll Eyes
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November 18, 2018, 12:07:33 AM
 #7

Hey guys!

I have some btc in my wallet and I believed in best but yesterday I watched some crypto news and everything seems to be even worse than I expected.
Some crypto experts told that till the end of the year Bitcoin will lose 50% percents and will come to 2500-3000$..

I don't know whether to believe in it or not.. There are so mane predictions these days.

What do you think about it? Is it still worth holding or it's time to sell everything and forget about it?

BTC could very possibly go to 2500-3000$ but not because the EXPERTS said so. if the experts know this much why haven't they bough BTC for 1$ and sold at ATH? they would have been so busy spending the money they made rather than posting some bullshit online.

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Janation
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November 18, 2018, 12:15:16 AM
 #8

I don't know how these "experts" can say all of that. Instead of calling them "experts" they are just an investor like you and you don't need to believe them since you can make your own guess.

That is their prediction. They are speculating based on the available information they have comparing it to other information they have in the past. The most common source of information you can get now is the price charts. There are some strategies on how you will be able to read them and might give you a chance to proof that these "experts are wrong.
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November 18, 2018, 12:19:16 AM
 #9

I think that news only wants to make people become panic and they sold their bitcoin in a hurry so they can buy bitcoin at a low price. And if you want to sell right now, then go ahead, sell your bitcoin and makes them happy. But for me, I don't want to sell my bitcoin right now because I still waiting for the price reaching the higher price like the last year. I still thinking about it's still worth to hold bitcoin in a long time. We have a decision and we don't need to follow the other people said if we don't analyze or research that news but still, it's your bitcoin and it's your call Grin

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November 18, 2018, 12:23:22 AM
 #10

No it's not dying, besides it is still the most valuable coin in the market. I think that the falling price of bitcoin many would took the chance to buy more bitcoin as they could for future investments. I don't see a sign that bitcoin is dying.
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November 18, 2018, 12:55:48 AM
 #11

No it's not dying, besides it is still the most valuable coin in the market. I think that the falling price of bitcoin many would took the chance to buy more bitcoin as they could for future investments. I don't see a sign that bitcoin is dying.

it's not dying off course but if it will drop all other altcoins will have a good benefit, and off course can immagine btc at 1500 dollars many investors will join too.


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November 18, 2018, 01:02:12 AM
 #12

Falling price of bitcoin doesnt mean it is dying. It is normal for a currency to go high price and low price because there are investors strategizing theyre investment. Also because trading schemes flows that way. Dying literary wont mean a thing.

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November 18, 2018, 01:22:12 AM
 #13

I dont think it's gonna die. It's just that, ads regarding it were banned so it's kinda a struggle to expose everyone regarding this.  Believe Crypto currency is the future currency oh human. Imagine if facebook decided to have a currency for its marketplace. Deym

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November 18, 2018, 01:54:54 AM
 #14

I have some btc in my wallet and I believed in best but yesterday I watched some crypto news and everything seems to be even worse than I expected.
Some crypto experts told that till the end of the year Bitcoin will lose 50% percents and will come to 2500-3000$..
~snip~

Don't believe in FUDs, my friend. Now, I am trying to believe in my own standpoint. It is difficult to believe even if the news from crypto experts. We need to be more careful to manage investment and wiser to decide holding or selling.   

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November 18, 2018, 02:00:10 AM
 #15

Plan on having a five year window. Treat it like you would your 401k and accumulate as you go.

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November 18, 2018, 02:03:09 AM
 #16

You just need to sit back and relax dude. How many times did we see Bitcoin crumble down this year alone? And yet we always recovered, as bitcoin is very resilient. This crypto experts are nothing like you and me, they're just speculating and they know once they created uncertainty, they can purchase bitcoin at a cheap price. Those 'experts' have one thing in common, they have build their bankroll and wallet creating this kind of news.

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November 18, 2018, 02:15:00 AM
 #17

if you have more money, it's time to make order buy bitcoin price $3000, this is normal, the price of bitcoin goes down and news of hackers stealing bitcoin in exchange and war bitcoincash between bchsv and bchabc.
last year bitcoin has increased almost 6000 times. if you buy bitcoin by using free money, go holiday to a place with your family, hopefully next year bitcoin can be better than now
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November 18, 2018, 03:55:52 AM
 #18

Hey guys!

I have some btc in my wallet and I believed in best but yesterday I watched some crypto news and everything seems to be even worse than I expected.
Some crypto experts told that till the end of the year Bitcoin will lose 50% percents and will come to 2500-3000$..

I don't know whether to believe in it or not.. There are so mane predictions these days.

What do you think about it? Is it still worth holding or it's time to sell everything and forget about it?

Those guys are just joking around. Even the richest people in cryptocurrency can't speculate correctly all of the time. Cryptocurrency coins are so volatile and no one can predict it perfectly. All we can do is hope that everything is going to be good in the next months or next year. As of now, we should just focus on investing in small altcoins. Bitcoin is immortal.

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November 18, 2018, 04:21:54 AM
 #19

I watched some crypto news and everything seems to be even worse than I expected.
is it your first day? because that is only way it explains your surprise about the "crypto news" being terrible about bitcoin. that is what they have always been doing...

Quote
Some crypto experts told that till the end of the year Bitcoin will lose 50% percents and will come to 2500-3000$..
and by "crypto experts" you mean some trolling newbies on the internet, possibly on youtube Cheesy

Quote
What do you think about it? Is it still worth holding or it's time to sell everything and forget about it?
it is still worth holding and it is worth buying more of it  but what YOU should do is to sell your bitcoins and stay away because based on things you said, obviously YOU believe otherwise. and that's the important part, you should act based on you think not what others tell you and live with the consequences.

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Hans17
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November 18, 2018, 04:41:06 AM
 #20

For me its more of a concept which bitcoin is now staying low or should i say is low key , i'm not sure why but i have a theory, for me is that bitcoin is now facing different issues or problems, or it has upcoming events or project.

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