A few days in this week is a very sad day for me because although a little but I am very messed up when I saw the price of Bitcoin which dropped significantly from the previous had almost reached $ 20,000 USD which today down to $ 10,000 USD.
Honestly I do not know what the cause of this bitcoin price reduction itself, but obviously I've saved very long even yesterday that I could believe that the price of Bitcoin will break the $ 30,000 USD and I want to dilute the bitcoin, but my hopes are now breaking up after the price dropped dramatically. What do you think I should do now? I sell it now or should I wait to get back up again? please help and advice buddy. This week really makes me limp
Depends on how much you've invested and what your goals are. But if you can afford to risk a loss, stay in for sure.
I'm new to cryptos, but I've been reading expectations as high as $50k for bitcoin in 2018.
Maybe people got scared or decided to cash out their profits once it went past $15k so the price dropped some.
But with all the hype and it being added to some Asian exchanges, its popularity is only going to grow.
Blockchain technology is hot. Bitcoin and altcoins are hot. Everyone wants in. If you have some, keep it.
(That's just my two bits though...)
Ok. thank you, the information you provide is very useful for me, I do not know where else to go with the situation like yesterday
Do you read the news on exchange sites like coinbase or the other exchanges or post in the Reddit bitcoin threads? Try to read as much bitcoin news as you can find. Much of it will all contradict each other but you can kind of triangulate answers from what information does agree.