Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: The fall from 65k to $30k was the best thing to ever happen to Bitcoin
by
Asuspawer09
on 19/06/2021, 22:42:08 UTC
⭐ Merited by JayJuanGee (1)
Bitcoin's drop from 65k to $30k is one of the best things that has ever happened.

Take a moment to consider:

-Numerous institutions sit on the sidelines waiting for your money.

-Occasionally, a crash occurs.

-News reports about it are more common.

-Over half of the value of Bitcoin is lost, but the network continues to function. Work continues on upgrades (Taproot).

-HODLing and buying the dip are more popular than ever before, according to analysts.

-The new price offers buyers a great opportunity to enter the market.

-Summer will see US banks beginning to offer cryptocurrency products.

-Banks in Germany are legally allowed to start on July 1.

It's unstoppable

Kinda agree with some of your reason I think the dump was really a good thing to bitcoin and it gives positive reasons to buy bitcoin and make people reinvest again, the price was already too high in the market and I honestly think that it needs to have a dump.

I mean most of the investors invest when the market price drops and at any time we could expect for the market price to go back to 60k$ and continue to pump up to a 100k$, honestly, I think when the price goes back to pumping it could easily triple its market price last time.

hopefully, it's not too late for some people to buy, because most of the time when the market price stabilizes again and goes back to a higher price in the market most of the time people realize it too late when the price is already too high.