Quote from: Botnake on December 15, 2021, 08:41:22 PM

Quote from: Oshosondy on December 15, 2021, 07:50:21 AM

Quote from: AliMan on December 13, 2021, 11:41:15 PM

I wish I was like you having bitcoins at your wallet mate, unfortunately all of them is dumped during the time it was cheap. Meanwhile, I only enjoyed the companion of altcoins specially the small value ones, I know someday it will provide us better future. Let's not rush, greatness of time will come and even if bitcoin support kepts raging over I believed all coins following the journey will also become abundant.

Just that this thread is focusing on bitcoin only, that is why I only make comment about bitcoin only. I do not have much bitcoin, I started late and which to by more to make more profit when the bull market begin again. I only have 70% of my coin in bitcoin while other are for altcoins. So I do both bitcoin and altcoins. Know that I have just little but it is better than nothing. We can invest even just $200 on bitcoin or altcoin, at least we invest.

Right. What is important is that we have something to wait for in the future. But looking at the present condition, bitcoin is still experiencing a price decline as well as with altcoins. But even if they keep on dumping, its not a good reason to sell them in panic because you'll definitely end up a huge loss still. With bitcoin currently prices at $49,156, i think the best thing to do right now is to keep hodling it because if bitcoin fail to reach its new ATH this year, probably it will be possible by next year. Bitcoin won't definitely stay dumping, it will definitely recover and skyrocket again.

Well if order of the other market to become healthy, bitcoin should spike first and for sure altcoins will follow as well. But as you have said, we have seen a dumping for over a month now and no sign of stopping as we have a difficult time of getting over the $50k barrier. So the best thing is just to buy and hold and wait for it to somewhat recover and bounce again and who knows, maybe we can see a new all time high next year.