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Everyone asserts to be right, but their complaints are based on information and that the information is wrong. Your decision is based on your spiritual judgment, your judgment is genuine and your decision may not necessarily be based on the perspective, it is a view.
When Bitcoin fell to 6k earlier this year, then back to 8k, many thought they saw the worst, but it was time to transform speculators in principle. Since then, he has struggled to be over 9k and when he wrote, he fell to 6k. Bitcoin is now at 7k with $ 1. 5 billion market value, compared to a maximum of more than $ 2 billion a year ago.
Given that merchants and speculators have $ 12,000 or more seems unfair to be surprised by fundamentals at the same time.
I believe that cryptocurrences are part of the future, but complete development and adoption will be slower and slower than many in the beginning. Of course, all this comes in stages, so don't be silly - we already see reality. If you want to enter the upper part of the price range Bitcoin ($ 12 000 - $ 20 000), you must aim for a long-term investment at least $ 10. 000, if not more.
It is not the first seamarked cryptocurrention - there were previous Bear Markets, but with quiet and tranquility that follows the bear market, I decided to look at any pass and what we could not pay attention to. The Bitcoin Award decreased by 1. 2% and market developments is in the opposite direction of what happened in the previous book market.
It was at the height of all time, then began the accident, and now, it fell by 1. 2%, according to ComarketCap.
The mountain problem of GOX was rumored in the beginning, but in weeks and months that followed, he went rather in the abyss. The price of Bitcoin fell under $ 600, and then $ 500, then at a height of $ 1 000.
When it was up to $ 110, but when you feel that once $ 1. 200 transformed into $ 110, it is worth less than $ 100.
There is always a 70% drop, but it is over 90% of the decline, and it is a sign of how bad years 2018 will be.
I'm not saying we should be grateful for things are not worse, but I just give some kind of perspective.
Bitcoin picked up speed in 2016 and struck the summit of all time in March 2017. The biggest recovery came in 2015, but Bitcoin has been recovering since 2016.
Of course, the price rose by $ 750 over a four-year period, but it was not convincing convincing but the price. Those who bought at the November 2013 summit had to wait until March 2017 to break even. Combining events November 2013 and March 2017 with what the market experiences in 2018 and you get the option of the classic bear market.
If it took about 40 months to reach the previous night market of the previous bear market, it will take about 30 months for the market to forget all this and return to the platform we are happy. What is certain is to carry markets do not end up so quickly, but basic principles are the same. The market is much more stable than 4 to 5 years and it is much closer to $ 1 000 long-term goals than $ 2. 500.
Personally, I was January 2019 in my eyes, but it may take longer and the bear market should not last 20 months. I see Bitcoin at $ 20 000 and see the cops fully take control, then personally, I would not see it over $ 2,000 before the end of the year.
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