Bitcoin Has Crashed--What Now?

in #bitcoin5 years ago

As a believer I will buy this dip, in the same way as I bought the last, little and often. For those who don’t believe in the long term you should stay well clear.

Interesting article about where the price of bitcoin might be going from here. I have to admit that I'm pretty disgusted with bitcoin right now, I'd imagine it'll continue to go lower for some time. I'd usually say buy the dip, but this time seems different, I'll stay on the sidelines as far as new purchases for now.....

Read the full story here....
https://www.forbes.com/sites/investor/2019/09/25/bitcoin-has-crashed-what-now/#4e61f50b63ab

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I don't believe bitcoin had crashed and cannot raise again because I still believe that it will raise again. Take a look at the time bitcoin dropped down to $6000 which also affected other crypto currency like litecoin. We thought that is the end of bitcoin crashing everyday. But it increased suddenly to $10000 which attract more investors to buy into bitcoin. So, if it goes down now does not mean it won't raise again.

Good points, I need to stop looking at the price everyday....

Bitcoin is around $8100 right now.....