Yeah , but for some time now , it has find it difficult to reach the $40k price value .it is fluctuating in the $30 to $38k price value
You are right. However, many people (especially investors) are very concerned about its sudden drop of around $ 4000 in a single day.
True. This is possible. The yesterday's saga created more fear in investors ,and some people have started selling their Bitcoin, especially short term traders .
It is likely that bitcoin is trying to correct it price and probably be within a range for a while before the bull run begins again
Yeah I am happy that bitcoin was finally able to recover from the fall so fast and the price is currently at 35k and I think bitcoin may reach it's previous position of 40k by tomorrow or today.
These are random prediction. There is no legit place to get this type of news .you can basically see news like that in cryptocurrency platforms
I see. As you can explicitly see, people are terrified now!
Presently , it appears that less people are holdl and the rest has turned to short term traders ,this is why the price of Bitcoin is fluctuating
Yeah, there is tension presently among investors especially small investors because of the markets. Some are still optimistic and I am also.
I see. Even in this circumstance, now it seems like something risky, so everyone must invest only the money they can afford lo lose, in the worst case.
I totally and completely agree with you. The potential of bitcoin especially for trading is tremendous, although the volume being held or traded actually determines how profitable investment in bitcoin will be.
I think with the current fluctuations there is more volume available to trade now since some people dump their coins due to fluctuations .
Well , if you bought at $20,000 price value , selling now won't be quite a loss. However you can still take the risk and keep holding your coins
Actually it can crash to below $20,000 if more people continue to sell , however it is just a matter of time before it can begin to rise .
Earnings Disclaimer: All the posts published herein are merely based on individual views, and they do not expressly or by implications represent those of BeerMoneyForum.com or its owner. It is hereby made clear that BeerMoneyForum.com does not endorse, support, adopt or vouch any views, programs and/or business opportunities posted herein. BeerMoneyForum.com also does not give and/or offer any investment advice to any members and/or it's readers. All members and readers are advised to independently consult their own consultants, lawyers and/or families before making any investment and/or business decisions. This forum is merely a place for general discussions. It is hereby agreed by all members and/or readers that BeerMoneyForum.com is in no way responsible and/or liable for any damages and/or losses suffered by anyone of you.
