Bitcoin Drops 32% in January

in bitcoin •  7 years ago 

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Whats with the big decend in the value of bitcoin? Ever since i started getting involved with bitcoin its been nothing but lose value. Etherium on the other hand was still on a rise until today. My question for the community is whether you are buying , selling, or sitting on the bitcoin you have invested. Will it eventually rise back up to where it was earlier this month or will it eventually sink?

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Seems like PayPal also opposes cryptocurrencies. Too much bad news the last weeks :(

Anyway I hold because I believe the market will recover. If we see a further dip to about 6k I'll buy even more. Currently I think we still didn't reach the bottom.

I agree, ill be sitting on mine and picking more up here and there while its low.

It is my firm belief that cryptocurrencies are here to stay no matter who tries to oppose them. One brand might fall, but another will take its place, just like social media sites. :p
 

I eventually see it becoming more acceptable once it holds a true value