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Price of Bitcoin Tumbles
The price of Bitcoin fell nearly 20 percent this weekend to its lowest level of the year, prompting worries of a crash. “As the price is going down, some of us are under immense psychological stress,” one user posted on Reddit on Sunday. “Please share how you cope with it.” On Sunday afternoon, Bitcoin was trading at about $300, up from a low of $286, according to CoinDesk, a virtual currency website. Some contend that Bitcoin’s price is irrelevant and that it does not reflect the virtual currency’s true value. Bitcoin is still most popular among speculators and technology enthusiasts and has yet to find ... (full story)
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Buy at the Low, Sell at the High You make money by waiting not by trading.
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