BITCOIN FELL FROM $5,000 TO $3,000 AND NOW IT'S.... rebounding a little. It's just a market correction folks, although some of you have already sold off :) Control-Finance is down for good, cryptocurrencies are getting stronger for the long run and everything seems to be getting better no matter how you look at it.
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This drop is most likely just a correction if you hold you have at least got a chance of making money if you sell you have a guaranteed loss
I thought this drop was a reaction to the Chinese regulating bitcoin exchanges resulting in the closure of most of the current Chinese exchanges?
Part of the drop could be a correction for the inflated value but that wasn't the main reason for the drop. Or the Chinese announcement triggered the correction 8-)
You probably said something similar in the video, maybe I should go and watch it first.
Thanks!
personally I did not sell any BTC at all,, even if the last time I bought was around $4k,, that means I am technically in a loss right now, but I believe and still believe I am making profit from BTC,
during the big market crash i was able to buy LTC and ETHER at $42 and $220 because I believe it LTC and ETHER will go back to $92 and $400 very soon...
this big dump was a great chance for small investors to get some profit,,, Because this is only the beginning for the crypto world,,, more tha 80% of the world population does not know anything about cryptocurrencies,, once this number becomes 50% then you will see something else that you never thought it will happen,, Believe me.
Really?
Yup!
our account value again drops
:(
sometime upvote our posts also brother
@nilim, i know it doesnt look like i do but if someone makes a good point that is good content i will upvote it :)
i never requst for upvotes.But i had lost my mobile yesterday,so i need some money.Sorry for that
Bad situation
Indeed
And an opportunity to invest when prices are low in the same time! :)
definitely, there is a lot of money making opportunities at times like this :)
It's going up again 😊
Well its gone up at quite a spike
Great post! Everyone should hold and buy more Bitcoin when the prices dip like this. Why cash out when it's super low? I always cash out some of my coins when the market is doing good...if I cash out at all.
Exactly, if you sell you have a guaranteed loss if you hold it has to go back up eventually!
As long as this is just a correction, and not the beginning of a bear market, we should be fine.
Yep :0
Good point. That's why you should listen to your own advice: "Don't get emotional"...but hey, I'm just a cat
:)
HOLD :) and buy
Do you mean HODL :)
Just a small correction. Not a big deal
correction yes but not that small of one
interesting post!
Cheers!
The China block is a just a statement: things had gotten serious about cryptos, and now it is official. You can't just try to limitate the acces to something and not have people's attention caught on that.
this is a buying opportunity
Hello @avilsd4 ,nice to meet you !
Congrats for your posts .
I've just upvoted you & followed on Steemit , please be kind enough to follow me ( @braveheart22 ) as well.
Let's do big this community !
I'm daily available with articles and quality news .
Thank you !
Cheers!
Thanks!