So bitcoin is down $3,000 today and it seems to be getting worse. Do you think this will be like 2018 again when it went to $18,000 then tanked and went to as low as $5,000 in the next year or so? What would you do in a situation like this now or in the future?
yes it will definitely go down maybe it will be $ 23000 then it will drop a few months later or it will be able to bounce even higher, hopefully we get a $ 4-5k moment to buy it
It's already down to $17,300 after it reaches the $18k level, but it will increase again in the next week in the next month. But I am not sure if the price can jump to $23k in the next month because there will be many barriers that bitcoin price needs to break, and it is not easy to do that. This time will be a good time to buy more bitcoin if you want to increase your bitcoin amount, but you don't have to go all-in for all of your money because we don't know if the price will not go down after this. Maybe you can divide your money into three order buy, so when the price is down again, you can buy bitcoin at a lower price. Many people now still buy more bitcoin because they want to make a profit in the next month, but still, be careful if you're going to buy bitcoin now.