Bitcoin 3k?
bitcoin·@moderndayhippie·
0.000 HBDBitcoin 3k?
https://i.imgur.com/tRlPdgE.jpg I honestly don't know to much about analysis for crypto markets, the way I invest is by reading white papers and judging whether I think they have a good feasible idea or not, basically would I use this product in real life or is it a waste of time and do I think it is overvalued. Needless to say most of the cryptos are a waste of time and are way overvalued but there are a few potentials that I really think could change the world if they work out the way their white paper explains it. I do try to pay attention to the market as to not buy in at the wrong time when the market is to high but that is usually about it. After bitcoin came down from $20k to about $8K I figured the bubble popped and time was right to get back in.... and I was right (for a little bit), the market went back up to nearly $12k bitcoin on a nice steady rise for a while with all the alts following behind. I thought about taking profits but I figured we were good to go for a bit longer yet, boy was I wrong, the bears came back to town and they came in hard. Bitcoin was drilled down to the $6k marker and has been up and down between $6k and $8k since. With bitcoin trading sideways lately things are getting a bit tense, especially on steemit. I keep reading that bitcoin could potentially go down to $3,000 USD or lower!. If so that is a hard drop and a long ways to make up for in the market. I would almost consider selling now and then buy back in at lower prices *if I had a better feeling*, just to try to make up some of my recent losses. I don't know if this $3K bitcoin is true or not but I really have a hard time believing that. I know we went up way to fast and that we are still in a bear market for more than 6 months but to see this market reduced by another 50% seems almost unreal to me. I think $5K is a really big floor and I'm hoping it stops there, but like I said ***I don't know shit about markets!*** I do know that a lot of cryptos are doing great things internally but their prices just keep going down because of the way the market is behaving right now. I wonder how long will this crypto winter last? What do you think? Share with me in the comments below. <center>***"Peace, Love and all that hippie shit"*** https://i.imgur.com/SKEvEoE.jpg</center> <center>[](https://steemit.com/introduceyourself/@thesteemengine/introducing-the-steem-engine-initiative)</center> <center>[<img src="https://steemitimages.com/DQmarWRv4wXiqPZbmtDCDRTwE5jewDQrG1ATrXcFrTThxht/Gifbanner.gif">](https://steemit.com/qurator/@qurator/qurator-2-0-update-post-guidelines-or-registration-details-or-tier-changes)</center> https://cdn.discordapp.com/attachments/382917260022382592/388985975487070218/STEEMIT-BLOGGERS-GIF.gif <center></center>
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