... Aaaand here we are again. Back to 6000 USD. I swear some really old guy at the top is pushing the crypto doom switch and maniacally laughing while doing it.
And shouldn't alts taking advantage of a 'weak' BTC and try and gain more market share?
Or there are people who don't believe that BTC will go incredibly high, so when it gets to $8000 or so, that it's the time to sell. Buying at $6000 and selling at $8000 is a big chunk of profit.
I really do not like it when you have your hopes high, and then life strikes you with unfairness. Added to that, bitcoin is having another bump, and I thought it was going to rise. I just do not get it. When will bitcoin be stable? I mean, will it increase even bit by bit and not decrease again? There are many holders who are still patient and have high expectations on bitcoin. I do not blame them or us. I really hope to see what we experienced last year.
Bitcoin will be stable when people are buying and selling it at a value determined by fundamentals. When you have people buying and selling for speculation, then it's guaranteed that the price will be unstable.
I don't think that's 'unfair'. That's what investment is all about.