We are still up compared to last year.
But these news are actually good for the adoption and we've been looking for an appropriate impact when there are news like those. Sadly, we haven't seen any positive reaction that we've been hoping for after those. Well, it's not about only the price to see if there's a movement for bitcoin, save the best for the last.
This doesn't help for people who invested when the price was more than $10,000. Of course, they have nobody else but themselves to blame,
Adoption is the only thing which will drive up the price sustainably. Unfortunately for those who invested during the bull run, the price increase can only be gradual.
Yeah I understand the sentiment of those who invested with those prices and most specially those who bought at $20,000. Three things for those who bought at the bull run last December.
- they can sell and cut losses
- they can hodl and wait for the next bull run
- buy during this dip