RE: Bitcoin dive to $14,500

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Bitcoin dive to $14,500

in bitcoin •  7 years ago 

market correction, all assets go up and down, cyclicity at work here. wait until bitcoin finds a level of support and then the buyers will start pouring in again :)

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I look at this as just a normal daily cycle too. It went down a few thousands yesterday and I bought some. Bounced back by end of the day and I sold what I bought and made some good profits. I think the large daily variation makes for some good opportunities in day trading.

yeah, crypto currencies are very volatile. At least we know that Bitcoin is still the largest of them all. High market cap provides some support