Bitcoin was $3,871 on this day - 1 year ago

[Botnake]

I think Bitcoin is a very good opportunity for you to consider investing but you need to be careful because the price of this coin is still trending down and could collapse at any time. In the last few weeks, the price of bitcoin went down to $3800 and it was a price I never expected. Until now it still haunts me because I lost more than half of my assets during that time.

Yes, the price falls and I think people should already consider that before they put their money into Bitcoin and cryptocurrencies.

Another thing is that the price of Bitcoin did not fall at $3800 since it just fell at $4100. That price is the price last year showing us that the recent movement is not bad at all, and we should consider this since the fact that a lot of people are still continuing to invest and put their trust into this cryptocurrency is amazing. The proof is already there, now we are $6.6K.

Yeah that was $4100, the $3800 price happened in 2018 and I'm glad we didn't fall that low despite our situation is worst compared in 2018, and also good to see that bitcoin is still recovering and it has put us away at a bad price of $4100. A drop happened to day but we have a good support and bitcoin still says at $6000, $6200 now as I'm writing.

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[Divinespark]

Is this a coincidence? and in March 2020, the price of bitcoin also fell to $ 3100 and it has now recovered from the price of $ 6500. In any case, we have experienced a period of severe market collapse. Hopefully in the future the market will recover and help investors to gain profits by believing in this market.

[bitcoin31]

So it means it have good improvement of the price of the bitcoin now compared of 2019 and the worst year for me is 2018 because that is the time when bitcoin started dumped the value. But this day the price of the bitcoin dump again about and I hope after this month the price will start again pumping.

[Subbir]

Yes, Bitcoin prices are likely to rise later this year But i do not believe that 1 year ago Bitcoin was $ 3,871 on today. The condition of the market was much worse. But didn't name below 5,000. you've got to believe what is going to happen now except within the past But whatever comes next is probably going to exceed 10,000.

[quality.crypto]

Yes, Bitcoin prices are likely to rise later this year But i do not believe that 1 year ago Bitcoin was $ 3,871 on today. The condition of the market was much worse. But didn't name below 5,000. you've got to believe what is going to happen now except within the past But whatever comes next is probably going to exceed 10,000.

What he mentioned is right because last year the price of Bitcoin was at 3800$, later the market for altcoins start decreasing which was really worse by this time last year. I hope by the end of the year we might see the price of altcoin will recover again but don't know how long will this fluctuation continues.

[acdc]

It was a great opportunity to buy more bitcoins, at which point many people panicked and sold their bitcoins.
A friend of mine bought bitcoins at this point, a while later the price of bitcoin increased and he made a large sum.

[Synaesthesia]

Yes, Bitcoin prices are likely to rise later this year But i do not believe that 1 year ago Bitcoin was $ 3,871 on today. The condition of the market was much worse. But didn't name below 5,000. you've got to believe what is going to happen now except within the past But whatever comes next is probably going to exceed 10,000.

The market is now very volatile and Bitcoin continues to experience very rapid price changes over a short period of time. I think this coin is being manipulated very clearly and surely all altcoins will follow Bitcoin during this difficult time. Since corona appeared, there have not been many positive signs for the crypto market and things are getting worse over time.

[qory]

Need several year later for bitcoin back to higher price and looking situation around the world with bitcoin will touch down for next two months, when many people keep focus with corona virus how come to make bitcoin and altcoin back on track with higher price,

[shushu9977]

Previous year, that is not good for bitcoiner or trader at all. But, at present,  we can say that, it is more than 6000&. So, we can hope that the next year, it will be good time and better position now and before.   

[krayzie32]

Previous year, that is not good for bitcoiner or trader at all. But, at present,  we can say that, it is more than 6000&. So, we can hope that the next year, it will be good time and better position now and before.   

This coin has dropped to $3800 and this is certainly not a good sign for investors participating here. I still have patience and choose a safe solution during this time by keeping the fiat or waiting until everything is back to normal. Of course, there are still many things waiting, but it is best to be patient during this difficult time.

[imstillthebest]

Previous year, that is not good for bitcoiner or trader at all. But, at present,  we can say that, it is more than 6000&. So, we can hope that the next year, it will be good time and better position now and before.   

This coin has dropped to $3800 and this is certainly not a good sign for investors participating here. I still have patience and choose a safe solution during this time by keeping the fiat or waiting until everything is back to normal. Of course, there are still many things waiting, but it is best to be patient during this difficult time.

thats right . patience is the key to be succesful or for everything  . however there are those people that are still not patient and they can just buy right away . nothing wrong with that as long as that coin is useful and will be use based on its purpose and not just by picking those random coins that are not verified just for investment use because its not safe . past years prices can always repeat, whether its low or high  and its been proven alot of times  , this is why some people are waitin for those price points before they enter

[Golftech]

It was a great opportunity to buy more bitcoins, at which point many people panicked and sold their bitcoins.
A friend of mine bought bitcoins at this point, a while later the price of bitcoin increased and he made a large sum.

That's what we called timing, if you manage to buy while the value is falling and eventually the price went back and bounce up, you'll be gaining decent and your position will be at the positive side. Though it's hard to master the process since the nature of bitcoin is volatile there's no assurance if you'll be able to keep getting the right track. There are many information which we need to recognized once you are working with this kind of industry.

[FanEagle]

People should consider the drops as not something bad for bitcoin but something good for themselves which is what people have been missing out for a lot of the times. If you remove the 20k period from the crypto, anytime you buy bitcoin there is a chance you can make a profit, you may have to wait for a day or a year or more but eventually everyone who buys bitcoin at any price actually makes a profit, only exception is the people who bought at 20k. Right now we are at around 6.3k or so, do you really think the price will stay here?

Even if it drops further, do you really think that bitcoin will not go back up? That means there are plenty of people here who thinks bitcoin will go beyond 7k in the future, maybe not today but one day. So why shouldn't we all buy as much as we can.

[TrevorS]

Very indicative date. Bitcoin made its way from 3800 to 13000 and almost returned.
I am sure that good traders were able to make good money on this movement, but only one year passed! What other asset can boast of such volatility? Impressive

[MCDev]

Even in the most difficult days and the lowest bitcoin I was filled with trust and love for bitcoin. During the period of March 2019 when people fell into fear and sold their bitcoins. I used my savings to buy more bitcoins, and after a short period of time I made a significant profit.

[adzino]

Would be really great if people stopped comparing the price of bitcoin. Doesn't matter how much it was 2 years ago or 3 years ago. We should be thinking about the future. How to develop it, how to  make it more universal, how to convince people to use it and so on. Just stop focusing on the price. Do you really think its the price that is going to define how successful bitcoin is going to be? If yes, then stop focusing on the price and start spreading the word of bitcoin and its usefulness. You will see the price increasing by its own once people start using it!

[justdimin]

I am not entirely sure if this year will be better than last year, last year was just so great for everyone involved who got in earlier and this year looks like it may not go up that much because of this corona deal. Last year we managed to go from $3k start to $13.8k at the peak, that is an INSANE amount to go up, and it did that like in a week or so, that was a crazy week, probably craziest we have seen since 2017 December peak.

So, in order for this year to do something like that we are talking about $25k or so price, that would make it all time high, I doubt it could go up that much, 3x to 4x is required to be like last year, and even at x3 we are talking about $18k range and that is just way too close to ATH price as well. I think it might be a decent year but not as well as last year I am afraid.

[onrise]

Even in the most difficult days and the lowest bitcoin I was filled with trust and love for bitcoin. During the period of March 2019 when people fell into fear and sold their bitcoins. I used my savings to buy more bitcoins, and after a short period of time I made a significant profit.

People who had believed in it and the continue holding it or buying during the dips would have made money even in this fallen market. though at times the wait period might be longer than expected but in the long run you would make money with good coins and bitcoin will be one of them. those who had sold in panic times or said it will never rise would be regretting it not buying at lower levels.

[cassavachips]

Luckily for people who bought on that day, now bitcoin is back up and yesterday it reached $ 7,000. I had guessed bitcoin would recover quickly because it would be impossible to survive under $ 5,000 again

[SacriFries11]

Luckily for people who bought on that day, now bitcoin is back up and yesterday it reached $ 7,000. I had guessed bitcoin would recover quickly because it would be impossible to survive under $ 5,000 again

Yes, it will recover soon. We didn't expect that the price will go dump from that area and its really a tough for bitcoin. It's the time when we should not worry even it goes down, it's the right time to buy if we want a cheaper price of bitcoin. Its sad because I haven't enough money to buy more bitcoin at that time, I'm busy doing school stuffs but continued to monitor the movement of the price and read some news about crypto.