Quote from: justdimin on Today at 08:03:18 PM

Quote from: LogitechMouse on July 17, 2021, 12:49:09 PM

Quote from: 9thsky on June 21, 2021, 12:56:57 PM

Is it our friend Elon Troll Musk again?

Nope and I don't think that Elon Musk's tweets can have a huge impact again on the market.
Its not the same as where he is months ago where a single positive tweet of him can put the market up double digits in one day.

Its China and I think the news about Grayscale is also one of the reason why the market is declining these past few days. Either way, see this as an opportunity to buy if you have spare money to use

. Forget about Elon S*it already. He is done. Nobody or only few will follow him after what he did last months ago.

I agree that China is a much much bigger news than Elon not being happy about bitcoin, because China miners closing up the machines is a big deal and that is why I honestly believe that there is a good amount of drop the price.

Everyone has a reason why the price dropped, I do not know why the price really dropped maybe I am wrong about it and maybe someone else would be willing to actually say the real reason, anyone can be right but I believe China is the biggest reason. Of course it is not going to be easy to recover but I also agree that we are doing amazing right now, doesn't matter how the price dropped as long as it is dropped then I would say that it is a great thing because we can buy more and more and that will allow us to actually make a profit. So long story short we are going to end up with a good amount of bitcoin when it is low and that is the important thing here.

Everything does have a reason but there would be no precise point on whats actually is happening but basing of with sentiments or news then you can really tell that it might be possibly the reason.

Market is really too unpredictable where lots of events that could happen without us even knowing and even if we do then there's nothing we can do about it.

When you do deal or tend to make out investment or trade then you should at least be wary on how things or possible situations that you might faced of.