I feel like it's my obligation to share my 2 cents on current "steep" drop of bitcoin price. I find it absolutely unbelievable when people say how low the price of btc is, speaking of the price at $10k or $11k. Those who have been in this industry long enough to remember the price of btc to be $5 are just shrugging their shoulders short of words.
What I'm trying to say is that those new community members so called "hypers" should stop spreading fud when price goes down and same goes with price growing. Actually growing price of btc is kind of problem as it's starting to miss its original purpose of cheap quick transactions. We need people focusing on real value of this ecosystem rather than moon kids...
Thanks for hearing me, couldn't help myself
I certainly agree with you. The price drop down is normal and we should not fear about it. Instead of bragging around, it is best to buy and hold more. It is the challenge for everyone of is here, the votality of bitcoin is something that we could not control so we should learn how to handle it.
So decreasing price of bitcoin isn't bad. But i against those guys who sell there coins when the price decrease. Always patient when price drop and do more invest. When the price decrease it increase more next time.