Why Not To Invest In BitCoin For Now!

in #bitcoin7 years ago

My Opinion After Getting So much people thoughts and reading so much analysis and so much knowledge about the Bitcoin finally i am coming to my analysis actually my prediction and my Own Opinion .

Actually What People Are thinking that bitcoin has a crash and will has fallen From 20000$ to 15000$ ,People were expecting that it will go to 30000$ after chainess New Year. But that was went against all analysis due to fake news and banned reports in different countries. Which make no proper reason for such a big fall .

Now what people are thinking and gonna doing is that bitcoin has so much fall and its time to buy more bitcoin as much as we can but what i am thinking at the current situation that bitcoin fall is just a drama and a fake fall. to make people believe that bitcoin is gonna get back up soon .

People are trying to buy more and bitcoin with this crash !

In my opinion bitcoin will fall more if people invest more here in bitcoin recently market is just playing with the investors and they are making people double minded to be a fool and they invest with such thoughts that bitcoin is going to rise soon because they went to 20000$ already in December.

We should remember that once bitcoin were at 1$ its also possible it went to that price as well. we should be more care full in order to make high invest in bitcoin and other crypto currency at the current time.

It is dropping slowly and people are investing that now it will go up and now it will go up and from last month it is drops with no proper reason .

Let Have a proper discussion about on this matter before making a big investment.

Image Source : https://www.pixabay.com

Sort:  

Never invest more than you can afford to lose. I dont like losing sleep. Who wants unnecessary anxiety? If these question are mirrored in your thinking you very well have broken some investing rules. If your reading this post your at least interested in this exciting sector. There was a time when i was nervous about 1900$ btc. Im not there, i would buy bitcoin now if only for one current factor. Alt coins are severly and irrationaly undervalued. Value is driven by consensus as mainstream barrier continue to move alt coins with the fundamentals will begin a decoupling. The explosive gains of 2017 are on hiatus but this sector is abuzz in loyalty optimism and unbridaled optimism. If btc makes you nervous look around there are currently value plays at every corner. Btc is the gateway im buying and accumulating alts.

We are a Personal Financing Lending Platform that’s currently in Pre-ICO stage!! If you think this will help you then please hit that follow @twq-ip2pglobal or at least an upvote🙆‍♂️🙆‍♂️🙆‍♂️!! Thanks and happy steeming

Yes, you have a point there. What I think is that if you want to make some profit and are planning to invest some money then don't go for bitcoin. In fact try to look for other cheap coins and buy them now when we have a bear market. I am sure in future we will soon have bull market and then there are more chances of that coin going from one dollar to three as compared to bitcoin going from 10k to 30k.

The market goes in waves, so following the flow and buy after a long bear and hold until a long bull is safest bet.
Long term btc will go up hugely, but short term maybe best bet is to join my contest :)


looking beter

Nah I don't really agree... Bitcoin will break new ATH's for sure this year... Better than losing your money in all the shitcoins...

I would bet my house that a new BTC ATH will come. You are just spreading FUD to get some cheap bitcoin.

Good luck and more power to you!

I believe you made a very good point. BTC is playing with our emotions lately... @muhammadadil

you should have wrote this post earlier it could have saved me from such a big loss. i have invested money in steem when it was on 6$ and it went down right away. took a loan and now i gotta pay back but have no idea from where. invest wisely people

I have a feeling it will drop big..but who knows.Will see.

I think it's about use cases and in that regard I see more benefit from Ethereum, EOS or NEO. I think on the long run they will overtake Bitcoin. But Bitcoin is OG, it will never lose it's value, I am confident once cap is reached there might even be a short burst in price.


Come check out Chibi Fighters. No levelling required.
https://chibifighters.io/
Grab a Founder Chibi before they are gone and rule them all.

I love the thoughts and summary of the analysis you have been doing. I feel that in a couple years, we will be laughing about the $8884.49 price-point that Bitcoin is currently sitting at. Good lucky to everyone in their cryptocurrency journey.

Coin Marketplace

STEEM 0.28
TRX 0.26
JST 0.039
BTC 94241.25
ETH 3361.07
USDT 1.00
SBD 3.39