Hello my Dear Friends . . . . .
In this post I will tell You why You should not Invest in Bitcoin or any Other Coin based on its past graph.
If you have a little knowledge about cryptocurrency you must have heard that whole crypto market is based on DEMAND and SUPPLY.
Some people will show You graphs and tell you that the graph shows rise but I dont agree with them.
lets take an example ......
In 2014 Bitcoin was a new thing for common masses, and everybody wanted to take part in it and that became the reason for growth of Bitcoin.
In todays date , most of the people know about Bitcoin andd any other coin, that means that the demand has decreased as everybody has connected with cryptocurrency.
Bitcoin is not any statical problem so u cant judge it by graphs....lets take an example.....
Bitcoins graph shows that it will increase in future tooo,,,,,,lets suppose if in 2019 , the intrest of bitcoin among
people decreased,,,,will it grow again,,,,,answer is no.
Now some People will tell me about BIG WHALES. . . .
I want to clear YOu one thing that Whales dont care about the price of any coin. They just want to get the Profit.
weather bitcoin is of $1 or $10000,,,it will not matter for them,,,they only know how to pump,,,,
Atlast , their is one famous quatation in Crypto World . . . . . . .
" WHEN EVERYBODY SAYS BUY BUY BUY, YOU SHOULD SELL AND WHEN EVERYBODY SAYS SELL SELL SELL, YOU SHOULD BUY "
IF YOU AGREE WITH ME , PLEASE UPVOTR
IF YOU HAVE ANY SUGGESTION , THE COMMENT
i think we should not do opposite but we should research by ourself and then decide
Nice analydis
Upvoted keep it up
https://steemit.com/mgsc/@rs1007/state-bank-of-sikkim-a-new-friend-for-zebpay-unocoin-koinex-wazirx-and-others-cryptocurrency-to-inr-after-rbi-ban
Good.... Could be true.... But graphs with RSI makes lot of diff.
very nice post
Good information about Bitcoin
Yes, I do agree, when everyone is selling you should buy and hold, when everyone is buying you should sell and wait for price fall.
@aabidlone Your opinion is right bitcoin price depend on supply and demand , you say most people know about it , I think it's % is very few to interested . It depends on technology adaption ,
If govt. Support and regulate than more people trust and demand will increase than price will automatically increase
What you say in true for sometimes,but not always,as there is no exact prediction about about bitcoin..its totally demand-supply & manupulate the emotion of people..
Kya aisa ho skta hai , mairi samajh to ye bit coin aati nhi hai fir bhi ispe work kar rha hu.
Don't listen form anybody, just do what u like.
Future of crypto is very good, just lack of awareness downs it.
Future of crypto
Is very good, just lack of
Awareness downs it.
- vijit4u
I'm a bot. I detect haiku.
what is this @haikubot
Yep Thats A Fact And Point of View Is Also Correct
Good info
Nice article Aabid. Great work
@aabidlone yaah that is hard time for day traders.
And every saturday sunday market goes more down. So just see what is going on.
Great brother, very good information.
Completely agree with you bro.
There are many factors to be considered
Nice Blog bro
Nice info buddy... well written
thanksss
Hold on, Future of bitcoin is secure
thanks for ur info bro but i wll no invest into bitcoin
Nice information bro.... But it will rise again for sure
Right brother
Thanks for the information bro
tnxxx your info
Useful informarion
I agree with you. Now Bitcoin give you little bit profit but not like past. In future we should ready for new things.
thnks.... for understanding me
Very good information given.ot is helpful.keep support me.
There is nothing worng to invest in crypto but first we have to researh on which crypto coin we should invest.
Nice post.. 👍👍
good article
Btc is not a statical prblm so u cannt judge by graphe
Yes, wheals don't care about price they want only profit in any situation
Thank for follow me, sucsess to you
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You have been defended with a 9.35% upvote!
I was summoned by @aabidlone.
Ohh, now i understand, i think we should need to do lots of research on crypto.
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thsnks
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With your quotation we should actually buy now. I think you are not clear about your post. Ok you have tried something but it didn't payoff. I just want to know what is the exact point you want to communicate?
my point is just that dnt trst those people who judge bitcoin by graph
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Dear friend,
I Join your community and Upvote you same as accept with you.
Thanks
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