I just came out of a training session and got to know that the SegWit2X fork had been cancelled. Then I immediately opened my Indian exchange app and saw that the price had shot up. Then looked at the BITCOIN USD market on BITTREX and saw that after pumping to USD 7800 it had dropped to around 7500. And in the last few minutes it has plummeted to 7200.
I was lucky to sell all my BITCOIN holding around the high. Now will wait for the low point to enter again. This rally over the past few weeks had been really exciting and a roller coaster ride.
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STOPHey @kuldeepkaul
I guess you checked bitcoin price on Indian app "Zebpay".
It's really a roller coaster ride, I've been seeing ups and downs. I feel like I have missed so many opportunities to invest in this powerful asset but I am also skeptical about pricing.
I think diversification would be the best solution to lower the risk of loss. What do you say Kuldeep?
Yes I use zebpay. Right now BTC is a little overpriced, and should have correction this week. Wait for the low and then enter.
Diversification within the crypto market and also outside of this market is necessary to lower the risks.