Bitcoin is going down very hard till now after touch ATH last year. Any idea what caused it? And what the impact to other altcoins? Any opinion when bitcoin will be rise up again?
Feel free to answer my questions and thanks for your participation.
Dont bother about the price drops,because it always followed by price growth.
This is a normal scenario nowadays and we have no power to stop this,what we can do is just go witj the flow,dont put big investments just do it little by little and be particular in timing of investing
I agree! There's nothing wrong in determining the cause of how price goes down, because it gives us more awareness on how market moves, but I don't think it's helpful if we focus more on it, the more we can't think and decide creatively. The rise and fall in price is very uncertain, a lot of factors to consider like media influence and more. We can't control its movement but we can control our responses by taking a different path and make use of our time to be productive. By taking advantages on the dump, becoming more strategic, learning to deal volatility, and be positive that if things don't turn out to be good this time, it will find its way to be better the next time.