BITCOIN PULLS BACK - NOT A CRASH

cryptoautonomy (46)in #cryptocurrency • 6 years ago (edited)

Don't panic guys! This recent pull back is not the real bitcoin crash. Bitcoin is pulling back because bitcoin cash (BCC) just got listed on coinbase. Alot of people are withdrawing from bitcoin to buy into bitcoin cash. Let the hype die down and if you want to buy bitcoin cash, buy it on the dip.

Many people, like Roger Ver, believe that Bitcoin Cash is the real bitcoin. Bitcoin cash is a hard fork of bitcoin and many are hoping to make bitcoin cash become the real bitcoin due to its advantage in block size. Of course, politics is involved, market manipulation, secret handshakes and backdoor deal are happening so it may actually become true. But do not buy when bitcoin cash at its highest, wait for the dips, and wait for the hype to die down, or you might be holding bags for a long time.

I do expect a bitcoin pull back and crash happening soon around January lasting until May. Remember that it us not the bull market that makes us rich. Its the bear market because it lets us accumulate, accumulate, accumulate.

Accumulate volume in new and good projects so when the next bitcoin boom hits you will be in the tens thousands or hundred thousands.

I saw a guy make his first one thousand dollars by investing $2500 into a project that be bought at 4 cent, and when it hit $1.50 he made his first $100,000.00usd.

I know that seems like it's impossible now, cause alot of people are just starting and new to this space, but one day. In the future, hopefully when you see crypto in the $1.00 range you will see it as $0.10.

So guys keep accumulating and buy good projects in great volume. If you are happy with your return and afraid to lose it then tether it and get in again when you see an opportunity. There are new opportunities everyday, just gotta find them

Remember to research before investing and do not invest with scared money. This is not financial advice but educated speculation. FOLLOW YOUR OWN RULES FOR INVESTING

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