Post
Topic
Board Speculation
Re: Trump called Bitcoin a scam, and Bitcoin fell below $33,000. What do you think?
by
milewilda
on 10/06/2021, 19:52:50 UTC
What do you think, what impact will Trump's speech have on the price of Bitcoin?

What impact will it have? Well, I think it already had impact lol, knowing that this news was a few days old already. You know how most people in the Bitcoin and cryptocurrency space are — fomo on good news, panic sell on FUD.
Have been here on this market for how many years and you would definitely able to observe those kind of typical things that do circle around in the market
in terms of news and events where it is really highly reactive and its better to be wise if you do like to take advantage out of these events.
When there's FUD then wait up for the dip then buy and when FOMO happens then you can sell out. Rinse and repeat and you would finding it
to be useful because the community do usually have these kind of reactions.