Do you think the Bitcoin price will continue to go down

in bitcoin •  7 years ago 

Hello, Steemians. As of today the price of one Bitcoin dropped to $16.5K from its highest $19,783 on the 17th of December. 

In his post in  CoinDesk.Com, Omkar Godbole says that the chart predicts it could go as low as $11K. 

Image source : https://www.coindesk.com/

Is it a good time to invest? 

I am quite new when it comes to Bitcoin investment. I know that many of you here have quite extensive knowledge when it comes to Bitcoins. So my question is, when a prediction like this is given, what are the chances that it is going to come true? 

For a new investor or would be investor, is it a good time to start buying? Or should wait until it really drops closer to $11K as predicted?

For a long time investor, let's those who started buying below $10K price, should they sell and buy again when the price drops lower?

Thanks.

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  ·  7 years ago (edited)

If you want to invest po dun sa coins na below $1 pa lang price like BitShares or Synereo AMP. ;)
Matanda na po ang Bitcoin at pwede na ngayon icompare sa EDSA traffic :-D
Ang Steemit earnings po natin pwede natin exchange to BitShares, Ethereum, Dash, Litecoin, Dogecoin. Hindi na maganda Bitcoin uugud ugud na :-D

Lol. Edsa talaga? Hehe. I think I will go for ethereum and/or litecoin.
Or alin ba ang pinakamura?
Thanks

Yes po Ethereum/Litecoin/Dash ako if mag exchange to PESO pero kung invest sa BitShares ako. :)

hmm daming choices hehehe. I will follow your lead. :) thanks

Luh pwede rin pala Tagalog dito? Orayt.

Pwede po any language/dialect. Kumikita nga dito mga makatang pinoy 😂

  ·  7 years ago (edited)

D p rin ako naka-try ng synereo. Wla ba silang app like coinsph? @Pinay

  ·  7 years ago (edited)

Wala eh kaya di ko rin natry pero kumikita ako konti sa buying/selling AMP. 😊

  ·  7 years ago (edited)

Ah ok. Dats gud. Ako waley, invest ko n lng s insurance ung naipon ko. Pak n pak n un. Haha.

Ung kita ko s bit ipunin ko pa.

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Cool. Haha. I think am following him n.

Nag-post ako for photo contest. Haha. Kaso d ganun kaganda ung pic. Makasali man lang. Try lang kung ano result. Hahaha~