How Far will it Fall
It's been several weeks already that the bitcoin trend is falling down and the question now of many fellow cryptonians is how far will it go? Many experts projected that it will dip down as much as 2500 dollars for the coming days. Currently, as of this writing, bitcoin reach the mark of 5800 dollars and that is 70% drop since the highest mark of 20k dollars late of the year 2017. In the year 2018, bitcoin started to curve down due to many reasons plus the incidents of exchange hackings that took place many times and it loses several millions of dollars. Surely, those weak hands will sell their coins for hope to salvage some of their investment - they sold it at a losing price. The newbie of this kind of game will definitely feed-up with the ever-volatile crypto. Many of my friends stopped engaging in cryptocurrencies after their several losses and they sold all their coins for good.
Sun will Shine after every Rain
Those strong hands that never lose their grip on their precious coin will definitely the end winner. The word "HODL" is very common for them. lol. They are the ones always hopeful and optimist that one day, btc will find its way to rise again and shine against all odds. Behind crypto is the advanced technology that is called blockchain that power crypto up, and this is one of the reasons why some of the huge businesses engaged in crypto for they see far ahead the future of it. Some saw crypto as a monetary system in the future but there are still so many obstacles to cross before it will happen... but who knows?
Taking Advantage
The elite cryptonians will not only HODL on their coin but also to take advantage of the ongoing bloodbath in cryptomarket. While everybody is in feared and worried about the bitcoin price sudden drop, those elite players were greedily taking advantage of its low price and bought a considerable quantity of bitcoin. When bitcoin bubble correction ends and starts to skyrocket again, then it will be a party time for those HOLDERS :)
Well looks like the bottom almost but can't say anything for sure crypto is totally unpredictable its all manipulations going on but after yesterday spike one thing is clear that big whales are back in the game to buy more
There are whales who manipulate the trend of btc. They use the trick of pump & dump strategy. If we can ride to their way then we will be millionaire in no time, lol
@elizahfhaye You are very right. They have bitcoin power to manipulate but if we can show our holding power without being impatience then non of any whale can manipulate the market of crypto.
haha i can't ride those for sure but you can as you have lot of experience :)
@blazing Thanks for your suggestion. Crypto currency has no stability . it is better to have patience and time .
The secret of the market is buy low and sell high , this bearish trends in the crypto markets open opportunities for investors that understand the market to buy more and build their portfolio knowing that the market will soon rise higher in price @elizahfhaye
We should be wise enough to follow the flow of the market and the ways of the whales
@obest I am new to crypto world but I am glad learning newthings from people like you. I am trying to know the crypto market because crypto has no stability in any time.
Some of us lost thousands in scams I lost over $3600 in USI-Tech scam I should have kept more than $300 in GDAX
Dont worry, you are not alone, lol
this becomes an issue for all of us flathorse based blockhain users. with the decrease in sbd many users feel dissatisfied with the market's gradual decline. hopefully quickly it increases again as the year 2017. regards know teman.boleh you culminate into my post.@ellizahfhaye
Lets take the positive side of the btc decline, its the perfect time to take advantage of it - buy btc 😅
Yes, friend. we tube first sbd existing. you can visit my post and help my vote. @elizahfhaye
Sir what do you think it will hit again all time high
Surely yes
Please tell me which coin buy ti get more money
Better to invest in steem - it is more trusted than any other crypto aside from btc, eth and litecoin
@elizahfhaye hi sir
what about you to talk btc Amm beacouse this is the time to buy sir? or not this time beacouse this is the last dip of this year ri8 or wrong??
Lets wait til june ends, maybe it will still dip down a little bit then buy some btc at its lowest price
@elizahfhaye Do you really think that Bitcoin can reach its ATH this Year end!
The experts predict that btc will surpass its highest record of 20k dollars before 2018 ends. Hopefully
Indeed,
But, Don't worry ..!!!!
Just cool..!!!
Wait and see...@elizahfhaye
I voted for you, please vote me back
https://steemit.com/bitcoin/@phuocson/nexty-platform-the-method-for-future-transactions
Great post!
Thanks for tasting the eden!
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