RE: BITCOIN: Should you catch a falling knife?

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BITCOIN: Should you catch a falling knife?

in bitcoin •  7 years ago 

Frankly i think Bitcoin isnt going anyware. Its here to stay. FOREVER. If bitcoin had to disappear so would all other cryptocurrencies since bitcoin was the pioneer of blockchain technology. We know that the price varies constantly. Its the norm, so why would an investor be afraid to invest now when its on a bit of a low. Now would actually be the best time to buy more bitcoin. Thats what im doing anyway. I also think China are deliberately manipulating the market with their anouncements. It seems that evey time the price goes up a little too high for their liking, they make an anouncement like this which drops the price drastically again. Thats my opinion anyway. The beauty of bitcoin is that the price will go up again eventually, no matter what the Chinese say or do.

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It will be here as long as the internet is around.