Bitcoin Falls To $3,800! Is It Time to Worry?

in bitcoin •  7 years ago 

In today's video we talk about the cryptocurrency red market that all of us are currently experiencing. Bitcoin has fallen under the $4,000 mark and has entered the $3,800s. I discuss whether or not now is a time to worry about this bitcoin crash or the market will simply bounce back. All of the China FUD and the CEO of JP Morgan calling bitcoin a fraud has sent the value ot bitcoin downward. I think that while we may enter somewhat of a bear market for the short term if you are holding bitcoin long term you have nothing to worry about. Hope you enjoy!

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very good video, thanks for sharing and helping people don't worry, because the panic is not good at all

it's all about the longterm game. The market is still correcting itself in my opinion.

I don't believe Bitcoin will last. The problem with cryptocurrency is there will always be a new one to compete with. Unless the cryptocurrency is back by something of real value like precious metals it cannot sustain.

its just from those scary news, that makes this! i go for the hold

Time to buy!

Thank you for nice update. FUD everywhere. This is not forex, so it's easier to spot upcoming panic or happy spending.

Funny how viewpoints differ....I had a totaly different reaction of, "Yay, Bit is up to $3800 again" ;)