As I suddently saw the bitcoin price dropping to 7200$ area today just as I got out from work I thought to my self that this is short time again and I need to start buying in stages as the price will probably go down more . I was wondering if i should short bitcoin or eos but decided I have enough eos and not enough bitcoin so went with bitcoin . I didnt bought at 7200$ this time because I had a feeling that this time it will drop alot more , a feeling that got strenghten with the news I've recieved about a south Korea exchange that got hacked https://cryptolinenews.com/2018/06/10/south-korean-crypto-exchange-coinrail/
I dont for one second think this news is endgame for bitcoin but sometimes when the market moves in a decending direction acompanied by news it will cause it to go down even lower so I've waited 'till it reached 6840$ and then I wanted to start my first buy with 1000 USD tethers with plans to buy with more as it goes down further but to my surprice, and maybe because of lags in Binance site I've accidently bought bitcoin with 10,000 USD tethers! never made this kind of mistake in my life! and then the price did went down further 'till the 6,600$ but recovered and now it stabalizing at about 6750$ which is not so bad for me. Now after Im over my shock from my mistake I think it will actually make me a really nice profit when bitcoin recoveres and we all know it will.
Im not saying it cant drop even more so dont use it as a financial advice because im not a financial advisor and im far from expert at this, I just belive that in this market you just need to involved enough and have good instinct and thats it, but remember that if you do want to get in, be a strong hand, dont use money that you cant afford to lose and believe that bitcoin and crypto curencies are the future.
Cryptodad
I think btc will drop to 3800$
Nah
I don't know if saying sorry mate is the right response but I feel for you
You think? i think it's great option to short buy and to hold until $7,500
this is what i just did...
This is very sad able but I think that crypto recover recently..