Bitcoin jumped 13% in just a few hours

@JohnKu (2552)
July 28, 2020 1:59am CST
Just recently the cryptocurrency Bitcoin has made a big move. The price jumped from about $9,500 to $11,000 in just a few hours! This makes a lot of people happy, especially those who invested in the coin. Too bad I've just sold off my stash when the price hovering at above 9,000 just about a week ago. I hope Bitcoin can continue to go to the moon. What do you think about Cryptocurrency in general?
7 people like this
9 responses
Kokil agarwal
@amitkokiladitya (171927)
• Agra, India
28 Jul 20
I wish I had some Bitcoins with me
2 people like this
Kokil agarwal
@amitkokiladitya (171927)
• Agra, India
28 Jul 20
@JohnKu omg...that is indeed sa.d
1 person likes this
John Kubisk
@JohnKu (2552)
•
28 Jul 20
@amitkokiladitya Oh well, next time I'll make sure that such thing won't happen again.
1 person likes this
John Kubisk
@JohnKu (2552)
•
28 Jul 20
Me too. Why the price suddenly spike after I sold mine.
2 people like this
youless
@youless (112496)
• Guangzhou, China
28 Jul 20
I still think it is too risky to invest to it.
2 people like this
youless
@youless (112496)
• Guangzhou, China
28 Jul 20
@JohnKu Usually the risk will be higher if the profit is bigger.
1 person likes this
John Kubisk
@JohnKu (2552)
•
28 Jul 20
Well, there's a risk in any kind of investment. I personally have made some neat profit trading bitcoin in the past so instead of fearing it I profit from the fluctuation instead.
2 people like this
John Kubisk
@JohnKu (2552)
•
28 Jul 20
@youless Exactly.
1 person likes this
pandeydeependra
@pandeydeependra (611)
• India
28 Jul 20
Its a hight time for bitcoin
2 people like this
John Kubisk
@JohnKu (2552)
•
28 Jul 20
Yup, it's looking good for btc.
Simone
@Janet357 (75646)
•
28 Jul 20
I never tried bit coin. did you earn from.it?
2 people like this
rhuenz
@rhuenz (10643)
•
28 Jul 20
I am earning for bitcoin,not thru investment but i worked for it. Have small bitcoin in my wallet as of now.
2 people like this
John Kubisk
@JohnKu (2552)
•
28 Jul 20
Good for you. Hold it for now or sell it right away if you feel like it.
Piyush bhatia
@piyushbhatia1 (11695)
• India
28 Jul 20
It would remain a volatile currency.
2 people like this
John Kubisk
@JohnKu (2552)
•
28 Jul 20
If the price stays flat then traders won't be able to profit from it.
Piyush bhatia
@piyushbhatia1 (11695)
• India
28 Jul 20
@JohnKu Check gold price as well.
1 person likes this
John Kubisk
@JohnKu (2552)
•
28 Jul 20
@piyushbhatia1 I know, gold always rising during crisis like this.
Shavkat
@Shavkat (139942)
• Philippines
28 Jul 20
I tried to have an adventure in obtaining BTC, but it is hard sites to have them.
1 person likes this
John Kubisk
@JohnKu (2552)
•
28 Jul 20
The fastest way to get some btc is to buy some.
John Kubisk
@JohnKu (2552)
•
28 Jul 20
@myklj999 Yup, bitcoin's wild price swing discourage many people from using it.
DianneN
@DianneN (247186)
• United States
28 Jul 20
I don’t know a thing about it. My brother made a killing with it a year or two ago.
1 person likes this
John Kubisk
@JohnKu (2552)
•
28 Jul 20
Some people became overnight millionaires when the price jumped to near 20,000 USD in late 2017.
1 person likes this
DianneN
@DianneN (247186)
• United States
28 Jul 20
1 person likes this
John Kubisk
@JohnKu (2552)
•
28 Jul 20
@DianneN I mean some of them get bitcoin for free from faucets. And if we collect them early on in 2010s when the price per coin is still in cents, they can make a bank by selling all their btcs in 2017. Back in 2009, when Bitcoin was born it has zero value.
1 person likes this
Shifa
@ShifaLk (17817)
• India
29 Jul 20
Wow I have heard about it but never tried
1 person likes this
John Kubisk
@JohnKu (2552)
•
1 Aug 20
Why not try with Faucets first?