Post
Topic
Board Speculation
Re: These drops are very bad for newbies and new investers!
by
timerland
on 12/05/2018, 22:09:46 UTC
Most of us have been here many times and see it as a good opportunity to buy more.
But I think the volatility is scaring new investors and can potential kill crypto in the long run.

I don't see how these corrections can kill bitcoin in the long run at all.

You're right first of all about the fact that these dips essentially are an extremely good time for accumulating some bitcoin at a much lower price than you would have have to pay at the peak of the rally. However, I fail to see why we should be concerned for newbies when it comes to these corrections.

Anyone investing in bitcoin should know that BTC is currently indeed extremely volatile, and should be prepared, especially during a rally since the correction can come at any given moment. Volatility of BTC will actually gradually get better as more adoption happens, so I'm not that worried at all.