Post
Topic
Board Bitcoin Discussion
Re: Lessons from the Past: When bitcoin's price stabilised
by
onrise
on 24/07/2020, 11:21:52 UTC
Lately, we have seen a lot of investors and crypto speculators saying that bitcoin's price movement is somewhat boring because it has been trading sideways for many weeks now. But I want to share something a similar incident or some scenario from the past. It was 9 years ago, early market's early stages but there's a pattern already. So this is a good time to remind everyone to just HODL and wait for the market to do it's thing.  Smiley



https://twitter.com/rockerest/status/91885405368098816

This market is still new and i believe we are still yet to see it full potentials, but with the way people are looking for financial freedom, i believe bitcoin and other cryptocurrency are on the right path to massive adoption. The current price of bitcoin does not define t it's potential yet but i think with time the market will get there and every believer who hodl very dear will smile shortly no matter how pretty slow things seems to be.

It will be a great beneficial if more and more people use bitcoin and adopt it. Bitcoin for millions of them has provided to be a boon as it has given them financial freedom in their existing life. Patience would be key as at times when you end up selling it and later realised that holding was the key as market recover at times very quickly and bounces back much higher than previous price. In long term portfolio bitcoin should always exists.