is this an opportunity to buy or it is the time to sell ?
Bitcoin BLack Friday
the bitcoin prices on Friday 11 2018 broke below a short-term support line at $8500 so what is the issue !!!and what will be next ??
Warren Buffett, the CEO of Berkshire Hathaway declaration
bitcoin is gambling !!! what is the impact of this guy on the market ?
Upbit cryptocurrency exchange is Under Investigation for fraud
South Korea’s largest cryptocurrency exchange, the Kakao-backed Upbit is suspected of fraud
"Upbit is currently under investigation by the prosecution, and we are working diligently. Upbit services such as all transactions and withdrawals are operating normally." is this the reason behind all of this?
well i still believe in bitcoin and i will ;)
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Bitcoin is making some strange moves lately and is far from stable buth i dont think we have reasons to panic already. Warren Buffett may have a big impact on the market buth i think Upbit is causing more trouble with this fraud investigation.
I think this is a chance to buy at a decent price. If this fraud from Upbit is confirmed, people will find other exchanges eventually and putting your money on the bank is gambling too these days so that will blow over too.
If you dont need money urgently in the next few months, i dont see a reason to sell now.
(Ofcourse, i am not an expert. This is just my opinion)
@liketimmy i like the way you analyzed the situation and i think that every good investor/trader is aware of the fact that crypto is a risky business and you should never invest more than you can lose ;)