honestly I also don't know why the price of bitcoin is getting worse and it really affects other crypto, will holding bitcoin keep making the market better? I don't think so
Well I think there are many reason and factors that affect the values of Bitcoin. So focusing on the recovery of those factors and trying to get them stable again is not easy. This is why you cannot do enough to make the coin stable unless you do not have huge money.
I can only agree with you, my friend. Only those people, who have not even millions but billions of dollars and Euros, can do something to affect Bitcoin and the cryptocurrencies that are in the top-20.
even though you have a lot of money, but is it able to stabilize bitcoin? if it is possible to move the price, it can happen, but to stabilize it I find it difficult. with stable prices, they will not get anything, because their goal is to make as much profit as possible, by investing their capital
One of the hardest thing to do with the price of Bitcoin is to make it stable.
Bitcoin is known for its volatility and it is the reason why a lot of people invested and waited for the price of Bitcoin to pump. Whales can make a move that will affrct the price of Bitcoin but even though they have a lot of Bitcoin, they will be also having a hard time stablizing it. They will be making a lot of transactions and movements in order to make Bitcoin stable and that will be really expensive.