That is exactly how big money market manipulators want you to feel. They want to make you feel afraid of losing your money, so you'll "cut your losses" and sell out at a low price. When you sell, you will then make your loss a real thing - for you. Do not doubt that crypto is the way of the future. BitCoin is solid and will rise, massively, in the future. This is when you Hold On For Dear Life, HODL. Hopefully you're not depending on your crypto money for everyday survival and paying bills. If so, you're over-invested in cryptos and that was your first mistake. Do not make it worse by selling at a loss. This is temporary. Mt. Gox is dumping BitCoin on the open market to settle their lawsuits - and they are almost out of BitCoin. So, moving forward, they will be much less able to hammer the crypto markets in this manner.
BitCoin will catch a bounce at $7,800 - $6,000. It could be lower, maybe $5,000 - $3,500 - but I don't think that it's likely at this point in time. We'll be seeing at least double or triple the current price before the end of the year. By the end of 2019, if you HODL, you will be excited again. Patience.
That is exactly how big money market manipulators want you to feel. They want to make you feel afraid of losing your money, so you'll "cut your losses" and sell out at a low price. When you sell, you will then make your loss a real thing - for you. Do not doubt that crypto is the way of the future. BitCoin is solid and will rise, massively, in the future. This is when you Hold On For Dear Life, HODL. Hopefully you're not depending on your crypto money for everyday survival and paying bills. If so, you're over-invested in cryptos and that was your first mistake. Do not make it worse by selling at a loss. This is temporary. Mt. Gox is dumping BitCoin on the open market to settle their lawsuits - and they are almost out of BitCoin. So, moving forward, they will be much less able to hammer the crypto markets in this manner.
BitCoin will catch a bounce at $7,800 - $6,000. It could be lower, maybe $5,000 - $3,500 - but I don't think that it's likely at this point in time. We'll be seeing at least double or triple the current price before the end of the year. By the end of 2019, if you HODL, you will be excited again. Patience.