I loved Dec. but now the bear cycle came down on us so fast like an elevator. So what does that mean for the near future are we taking the slower stairs back up for BTC?
I'm glad we had double-digit growth couple days ago, but now it's like so slow and not just busting through $9-$10k.. what the heck BTC.
What are your thoughts, elevator down and stairs up or not?
Its normal for the prices today to fluctuate because not every people can handle their patience on crypto, some of the traders are just investing on the market because of hype and not because they are well knowledgeable.
many people invest in crypto because they see that the price are so high and getting disapointed when the price decrease very fast, but the truth is we need to have a knowledge for what we may enter because crypto is not just simple thing, we need to study it very well so we avoid lost our money.
Those people invest in cryptocurrencies thinking they will make a lot of money but since they do not make any effort to learn anything about the market they are always very nervous about what it is going on in the market, especially when it comes to the price, and when they see any variation in the price and they realize they are losing money because of it they panic and begin to say that bitcoin is not good investment.