If bitcoin is made for times like these why is everyone selling at a time like this?
China quarantined fiat FFS.
This tells me 100% BTC is only a financial purpose and not a practical purpose overall.
Just venting a little. This selloff is nuts.
People are selling and its their choice. Some of them dont even have patience, while some are selling because they are in need of money. You shouldnt let the decision that others have made to influence your own decision youre about to make , they might end up misleading you into doing whats wrong. And I bet that some of them who sold their coins when the market dropped to below $4,000 will be regretting what they did.
They would wish that they never got to sell their coins and just left it till now. The market still bounced back to the higher price despite everything that is happening. This is not where it ends, there is still going to be more. The halving is already and we dont know what its got in store for us.