Everybody is worried about Bitcoin crash and is falling like anything . But investors need not panic the price of Bitcoin can go down to even $5500 and may remain stable for few weeks to months. but in the long run its scope is great.It will take some time to recover but it will definitely bounce back .So I would request investors to hold the coin and do not sell them in panic. the more the price will fall I would advice to accumulate it for long term horizon. This is nothing new for Bitcoin it happens every year.
Many are creating a panic the Bitcoin is illegal but the correct interpretation is Bitcoin cannot be used as a legal tender.Bitcoin cannot be used in any kind of illegal activities, which is very good news for Bitcoin. It will have a strong fundamentals in days to come
Great points! Sure hope the market turns around :)
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"In investing, what is comfortable is rarely profitable." - Robert Arnott
Remember this gents and lads
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