Post
Topic
Board Bitcoin Discussion
Re: This isn't the first time the dip has happened
by
Asuspawer09
on 20/05/2021, 23:54:23 UTC
The market corrects whenever it reaches the point where people are buying and selling based on tweets. Those corrections didn't matter a year or two later. Bitcoin is bigger than any individual or corporation. How many posts have we made where we "should have bought" something for $200 or $1,000? Is it really $3000? a thousand dollars?
These dips don’t matter, either you believe in bitcoin long term or you don’t. And if you're going to sell anything based on one man's tweets, you might as well purchase something else.

HODL

I mean Bitcoin is still up this year up to 300% so it's not obviously expected to have this correction in the market, I just can't imagine bitcoin dropping its market price so much.

Even at bare market maybe it will not even drop below 20k$ because there are so many investors these days compared to the past months or years, so for sure we could expect a slightly different deep compared to what happened in 2018 where it drops to 3k$ from around 20k$, so if you think about it that's a high percentage drop but I don't think that's gonna happened these time.

Big opportunity when the market price drop, I just buy some potential altcoins, I didn't buy bitcoin because I want to generate a big profit so I invested more in potential altcoins.