Supporters believe that investors believe that Bitcoin is an effective tool for hedging inflation in the context of global central bank releases. Opponents believe that investors are chasing Bitcoin too fiercely, and a speculative bubble may have formed. Do you think Bitcoin crash is an opportunity to enter the market?
I too had the same thinking when the cryptocurrency market started to rise and it is true that the institutional investors were chasing the coins and investing in it irrespective of the valuation for a long time and so is the reason we never saw any major correction until it reached its all time high valuation.
If you are a short term trader then you can use every crash to collect the coins but if you are looking for the long term, you should have the patience to hold that urge for sometime and eventually you will see a bigger correction so that you can invest again.