Post
Topic
Board Bitcoin Discussion
Re: Is the Bitcoin crash an opportunity to enter the market?
by
kryptqnick
on 26/05/2021, 14:59:16 UTC
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?
It absolutely is an opportunity for everyone who remotely believes that Bitcoin can recover again. BTC is 40% down right now, and looking at its history, it's reasonable to believe that the price will at least get to the previous ATH at some point (although it might take a few years). So even if a person couldn't care less about the technology and ideology behind BTC, it's still a good financial opportunity. As for crypto enthusiasts, it's a nice chance to buy some BTC at a relatively low price and wait for its glory.