i have follow the bitcoin chart movement for some time now and have discovered that the market is highly unpredictable, with the sudden crash of the price from 52,000 to 46k this have relieved the fact activities of certain individuals or whales are always responsible for such crash. what is your opinion on this?
Yes dude you're right there is some people who are manipulating Bitcoin or even any other cryptocurrencies, whales is i think also responsible for spreading FUD to people especially those who are in in cryptocurrencies like us, it us up to you on how you deal that FUD and being controlled by someone or what we call big whales.
Manipulating the market has always been a thing. After a while you get used to it and it doesn't bother you like it used to bother me. It gets boring even, because I know that the price should be a lot higher and at this point it is a discount, I know that it could go down even more, and buying right now means you missed out on buying a lot earlier, and that is understandable.
However, it is not a problem for me since I am a long term investor and as long as I end up buying at lower than what it could be, then I am buying an undervalued asset and that is a great investment at any time. It could get a lot more undervalued, but there is a good case that when the bull run starts it could become an overvalued asset as well. So, just keep on grinding and do not care about all those manipulations made by whales.