Bitcoin went down to 3 day lows of $12888.00 on Bitstamp yesterday. News websites are putting out news that are not true and just try to make headlines for clicks.
Bitcoin bulls are jittery in this time when Bitcoin is going down from December highs. Bitcoin bulls are used to see new highs every month, but looks like this is changing for 2018.
Bitcoin will go up again, but we don’t know when. Therefore, I have always said I invest for income and not capitol growth. We don’t know what the price of bitcoin will be next week or next month. I invest for income in Mining with Genesis Mining and USI Tech.
I love it when Bitcoin goes up to new all-time highs, but we must remember that one day the bitcoin price will stabilize like any other currency.
Here is my favourite technical analysist The Chart Guys to give their view on Bitcoin price:
Please comment below with your thoughts on the Bitcoin price. Do you invest for income of capitol growth?
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Email: mahmood.paf@gmail.com
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I am a successful bitcoin cloud miner and affiliate of Genesis Mining and USI Tech. I have been mining for the last 16 months. I am in profit and doubled my bitcoin in this time. I highly recommend Genesis Mining and USI Tech to earn bitcoin and make money online.
Useful USI Tech Video links: