With Bitcoin Prices Falling Today, Just Remember This One Chart

Panic is sweeping the crypto market with Bitcoin prices falling today to roughly $10,000 per coin, a 50.22% drop from the all-time-high price of $20,089 on Dec. 17, 2017.

But before you sell all your crypto coins out of fear, there's one chart you need to see...

Bitcoin prices falling today

As you can see from the chart, even though Bitcoin slid down to $10,000 a coin, it's still been massively profitable to own over the long-term. This downturn is no reason to panic.

The price of Bitcoin was just $886.75 per coin on Jan. 17, 2017. At today's prices, that's still a 1,027.71% gain in just 12 months.

However, we know investors are on an emotional roller coaster right now, as prices dropped 50% in just a month.

But rest assured, the 50% dip in Bitcoin prices is simply a buying opportunity before the currency rises again...

The Biggest Profits Can Be Made When Bitcoin Prices Fall

This isn't the first double-digit dive for Bitcoin this year, with two other notable drops.

But crypto investors who have bought low have seen the biggest returns...

On Sept. 3, 2017, the price of Bitcoin was $4,708.37, edging to $5,000. Then, prices dropped 33.5%, to $3,130.74 on Sept. 15, 2017, thanks to fears over China heavily regulating the crypto market.

But if you fast-forward to less than a month later, on Nov. 09, 2017, Bitcoin prices climbed to $7,372.10.

Anyone who bought in at that $3,000 dip netted a 135.47% return in less than four weeks.

Now, the next Bitcoin price drop happened much faster, with prices falling to $5,952.59 on Nov. 12, 2017. That was a loss of 19.25% if you had bought in on Nov. 9.

However, you didn't have to wait too long for prices to rally...

On Nov. 29, 2017, the price of Bitcoin climbed to $10,644.90.

In just 20 short days, the price of Bitcoin increased 78%.

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Now, as we always tell our readers, cryptocurrencies are very speculative investments. The price of Bitcoin could reach $1 million, like tech visionary John McAfee has predicted, or it could just as easily fall to pennies.

But with a $460 billion market cap, cryptocurrencies aren't going away anytime soon. And as long as people are still buying cryptos, there are going to be huge profit opportunities. Look no farther than the 1,364% Bitcoin price climb from the start of 2017 to the start of 2018.

That's why we offer members moneymaking recommendations in real time through our free Profit Alerts service.

And some of our readers netted gains of up to 275% in less than a month...

Here's exactly how to sign up for our "Cryptocurrency News and Profits" list to find your next moneymaking opportunity in the crypto world...

How to Join Money Morning Cryptocurrency Profit Alerts

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On Nov. 27, we shared a backdoor investing strategy that allows risk-averse investors to invest in Bitcoin without buying Bitcoin directly.

That investment climbed 24.67% in a month and a half.

Then, when Litecoin prices climbed to $100, we shared a report on how to buy Litecoin on Nov. 29, 2017. Our readers thanked us for providing such a thorough and easy-to-read step-by-step guide, so when prices reached $375 on Dec. 19, 2017, some of our readers made a profit of 275%.

And on Jan. 11, we also released a video on two cryptocurrencies that Money Morning's options trading specialist, Tom Gentile, projects could each climb up to 1,000% this year.

As a member of our Cryptocurrency Profit Alerts, our latest reports will hit your inbox as soon as they are published.

Unlike most mainstream outlets, we've been covering cryptocurrencies before they became trendy. In fact, Money Morning in-house Cryptocurrency Expert, Dave Zeiler, first mined cryptocurrencies in 2011 and published his first article about crypto that year.

Since then, he's published more than 165 stories about Bitcoin and cryptocurrencies.

You can receive all of our reports instantly by joining our free Crypto Profit Alert service right here.

Up next, we're taking a look at one of our other favorite industries that offers massive profit opportunities...

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$20.2 billion... that's the amount of money expected to pour into California's cannabis market in just the first year the state goes fully legal.

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We've narrowed down the pool to three tiny California cannabis companies expected to deliver once-in-a-lifetime fortunes. But once these small stocks go from $1, to $10, to $20, or more... you may never see a chance like this again.

Everything you need to get started is right here.

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