Post
Topic
Board Bitcoin Discussion
Re: Is someone worried about the recent decline of BTC?
by
acener
on 11/05/2021, 10:31:32 UTC
Is someone worried about the recent decline of BTC? Don't worry, and it won't lose BTC's momentum in the future. A new report from Whalemap shows the largest cluster of whale coins in the range is 120,000 BTC at $ 58,000. As such, the lowest price can drop now at $ 52,000

$ 52,000 “Should Be BTC Floor.”
https://medium.com/snapbots-news/snapbots-news-review-bitcoin-drops-but-bull-run-wont-end-9090f739a6f3


It could drop to $40,000 and I'm still no worried at all. You have to think long term in this market. It will come back stronger than before. Relax and enjoy the ride, everything will be fine as long as you have strong hands.
I strongly agree and I could say I feel the same way it could drop down to $40K but I wouldn't be worried about it.
We have seen those kind of scenarios before we just need to calm down and if you couldn't enjoy it or take advantage of it then just hold and focus on the future.
You could actually gain profit even if the market drops you just need to buy back before it starts to fly high again but it is hard to predict when would it happen.