Quote from: RealMalatesta on April 19, 2021, 07:14:57 AM

Quote from: michellee on April 19, 2021, 06:59:54 AM

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Like many other people, I am also assuming that we are in the middle of bull run; so there will be no meaning of getting panic on seeing prices falling down. I checked for the reason for yesterday's downfall, and it seemed usual market correction due to some people were profit booking or got liquidated in leveraged markets. So, just to making use of this collection will definitely will not disappoint any long-term holder.

I am sure about repeating what we had in 2017. It means we are too far away from experiencing the final ATH of this cycle and more importantly institutional buyers are not in hurry to book profits hence we can expect the continuation of current bull run until end of this year.

I do not check for the reason for the market correction yesterday because if I do that, I will spend some time finding out why, which is not always right or it just from people guessing the reason. Instead, I better find other news that will allow me to know the market situations or learn more about the market to make more profit in the current conditions.

I think we do not yet see the final ATH of this cycle because the price can still increase more than just $64k or the worst thing will happen, especially since this year still has 7 months later so that everything can occur, including the final ATH which all people want to know.

Quote from: Shasha80 on Today at 02:37:52 AM

Quote from: michellee on April 19, 2021, 06:59:54 AM

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I agree that the 2017/2018 incident made many investors fear that the same thing will happen again this year. Even though this year is clearly
very different in my opinion, apart from many institutions that have started buying Bitcoin. Bitcoin has also begun to be trusted as a payment,
not a few merchants are starting to accept Bitcoin as payment right now. This is positive news that makes the demand for Bitcoin even higher,
then the correction that is happening now is indeed the right time to buy Bitcoin again. I believe Bitcoin will recover soon, so stay patient HODL
Bitcoin that we have. Or we can buy Bitcoin at the current price, before the price goes up again.

The correction will happen every time the price reaches a high price, which will continue from time to time. The adoption process seems good this year because that can attract many institutions to join the bitcoin and invest in bitcoin. The correction will end and will change to rises in the price, giving people a chance to profit. If people can buy bitcoin and hold it, they will see that bitcoin is the best investment this year because bitcoin will go up again. When the price is up again, they can sell and take profit while still holding it for a long time.