We entered a bear market earlier than expected
The prices won't go up anymore from now. People say Elon control the Dogeocin market. But he controls Bitcoin at the same way.
Unfortunately the party stopped much sooner than we all expected. Elon Musk got probably sad that not many people bought Teslas with their bitcoins so he had to ruin the party for all of us. It's unbelievable how big the influence of Elon Musk is on the crypto market. For all of us long term investors the only thing we can do is wait for the dump to end.
By waiting for the dump to end we can start again to invest long term, thus getting a cheap price. With the release of musk, it did have an impact on the development of cryptocurrency, but I don't think it will last long
Yeah we just need to find better position since if enter without even thinking on what we are doing provably we will end up losing, but since the market is now little bit recovering maybe we can say that this is the end point and possibly bitcoin will recover back again. Although this is not sure but lets hope we cannot see more bad market movements.