RE: Looks like Bitcoin is getting ready for a big drop.

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Looks like Bitcoin is getting ready for a big drop.

in bitcoin •  7 years ago 

My husband was thinking about switching investments back and forth Litecoin to Bitcoin and then back again if there is a delay between each drop. If Bitcoin drops, Litecoin follows, so invest in Bitcoin with Litecoin, then when Bitcoin gains, invest in Litecoin before it follows suit and gains, since Litecoin gains more and drops more. He's still observing the data to see if that would be a viable investment.

Bitcoin will drop, and it will be a good time to buy. It will go back up, that's for sure, at some point. So if you're thinking of investing in Bitcoin, it'll be a good time to do it. From what Frank (my husband) observes, he claims that it will not drop as low as it once was.

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Can make a lot of money with that but its risky. I'm not buying its way overpriced in my opinion.