Whats going on with bitcoin and should i sell ??

in bitcoin •  8 years ago 

SO if you haven't heard the cryptocurrency bitcoin has taken a massive hit in the markets due to there being several hacks against sites holding peoples bitcoins and as people panicked there first instinct was to sell well for the smarter traders out there once the dump settled the optimum time to buy was attained

So had you waited and saw the drop level out the price started to bounce back up and the optimum time to buy was achieved meaning we was given the chance to buy bitcoin at around $2200 and it is now at the moment $2430.

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It will drop more around August following the fork.

The Crypto Projections will never be 100% Accurate. The Housing Market Bubble or Student Loan Debt Bubble could POP tomorrow and BITCOIN could easily reach 5K - 10K USD Per BTC by the end of this year.

I am not denying Bitcoin won't bounce back, yes it can reach 5K by the end of the year :)