If we look at the way the value is coming down I don't think is a good idea to invest now, but you Bitcoin is a matter of rising and coming down. It's good to invest in Bitcoin cause when the value rise again there is going to be a lot of profit.
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Based on your analysis then,you will come to realise that a lot of factors make the coin to experience fluctuations,and that is the period tough minded investors always cash in to be able to hold unto something that would yield later on,this thing thrive on volatility.Base on the way Bitcoin price is fluctuating and gradually going down in price value. Currently at $32k, its been two weeks now it isn't crossing the $30-37k threshold. After seeing its steady bullish run cut short during first week of January, that got to $40k. Assume such bullish run continued by now the coin would have been around $50k per token. I know a lot of persons here are feeling skeptical and nervous and not willing to go on an investment, just waiting for its correlation. I'm also skeptical too, that's why i brought this before you to know if I should go on and invest or hold to my investment. Waiting for it to go on correlation before investing.
Which one do you want me to do now? wait for it to go on correlation or still invest on it, hoping it tops up.
Currently the price of bitcoin is at the 32,000 dollars level. We really could not predict its price. After many fundamental and technical analysis, we can still make mistakes. When we think the price will go up and then we buy, the market price went down. There are many times that this happened to me.Base on the way Bitcoin price is fluctuating and gradually going down in price value. Currently at $32k, its been two weeks now it isn't crossing the $30-37k threshold. After seeing its steady bullish run cut short during first week of January, that got to $40k. Assume such bullish run continued by now the coin would have been around $50k per token. I know a lot of persons here are feeling skeptical and nervous and not willing to go on an investment, just waiting for its correlation. I'm also skeptical too, that's why i brought this before you to know if I should go on and invest or hold to my investment. Waiting for it to go on correlation before investing.
Which one do you want me to do now? wait for it to go on correlation or still invest on it, hoping it tops up.
There was a time when bitcoin still has the value of digecoin and most people like us are scared in investing , and we are blaming our gut right now because we could have been very rich , so the lesson learnt is that we shouldn't wait before investing.Base on the way Bitcoin price is fluctuating and gradually going down in price value. Currently at $32k, its been two weeks now it isn't crossing the $30-37k threshold. After seeing its steady bullish run cut short during first week of January, that got to $40k. Assume such bullish run continued by now the coin would have been around $50k per token. I know a lot of persons here are feeling skeptical and nervous and not willing to go on an investment, just waiting for its correlation. I'm also skeptical too, that's why i brought this before you to know if I should go on and invest or hold to my investment. Waiting for it to go on correlation before investing.
Which one do you want me to do now? wait for it to go on correlation or still invest on it, hoping it tops up.
The Volatility is what makes bitcoin investment profitable. We just need to set our entry price and also an exist price as well.There is nothing I can say much. With the way things are going Bitcoin might still crash before $30k again. The stability is not guaranteed. So invest with caution
Yes, that was easier time around 2009-2011, it was like that. Had it been you bought BTC with lowly $10 by that time it would've been more than 3,000% interest today.There was a time when bitcoin still has the value of digecoin and most people like us are scared in investing , and we are blaming our gut right now because we could have been very rich , so the lesson learnt is that we shouldn't wait before investing.