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RE: Bitcoin still on track to hit $5k

in #bitcoin7 years ago

This is true. If you bought bitcoin at a high price. The best thing to do now is to sell and accept your loss. HODL is not a good idea at this junction.
Moreover various incident hit the bitcoin, it might be very hard for it to stop the slump. This support is really low and large scale investors might pull out of the game. Traders should be careful.

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@thecappedvillian Thanks for your comment. A lot of people will be forced to HODL now. Another reason why I never listen to the news and social media influencers. The price usually goes in the opposite direction. All I can say is the chart never lies!