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RE: BITCOIN PRICE UPDATE: WHERE IS THE PROBABLE BOTTOM OF THIS CORRECTION?
I hope it does go down to $8,500 or thereabouts. Been wanting to acquire some more bitcoin for a while now but its been a bit expensive up until the last few weeks. Hopefully after this low we will start to see a decent upwards trends again. Those who thought it would stay at $20,000 or go higher were kidding themselves.
Have heard a lot of horror stories the last few days about noobs selling off at these lows and losing thousands if not millions. Bitcoin is awesome as is crypto but if you don't know what you are doing it will eat you alive.
Yea...you right. Part of being a successful bitcoin trader is timing your enteries....