Post
Topic
Board Speculation
Re: Bitcoin going to $53k or down to $48k? (Bullish Scenario)
by
Wawa2013
on 09/09/2021, 10:10:27 UTC


The volatility is increasing. It is safer not to play with the price for now. In times like these I would rather just hodl and wait for the better days to come. The risk of trading Bitcoin short term is high but it is significantly lowered to the minimum if you are looking at the long term.

We certainly cannot predict Bitcoin's price tomorrow or the day after it but we are almost assured that years from now the price is definitely higher than today.
We are in pandemic times and this is the hardest time to HODL Bitcoin because of this pandemic I have to sell half of my share to sustain my livelihood, my country is one of the hardest, I'm trying to keep the remaining shares because with all the prediction I just knew Bitcoin will reach 6 digits maybe not this year but definitely next year.

The pandemic has indeed made most people experience an economic crisis, so it is not easy to consistently hold the Bitcoin that we have.
Sometimes there is often a sudden urgent need, which eventually makes us forced to sell the Bitcoin that we have partially. There is nothing
wrong with doing that, because there are priorities in our lives. Instead of forcing holding Bitcoin, but their daily needs are not met. If one day
we have extra money, we can buy Bitcoin again. So no need to worry, we definitely have another chance to be able to buy Bitcoin. Moreover,
the price of Bitcoin is volatile, so there is always a moment when the price of Bitcoin is correcting, that's our chance to buy Bitcoin. As of now
the price of Bitcoin has dropped to $46k, but I believe this is only temporary, Bitcoin will recover soon.