Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is for Holders!
by
AicecreaME
on 21/12/2021, 10:05:42 UTC
The pandemic is not blessing for us but we have seen a huge change of Bitcoin price and broke all the records before. In this time of a year ago with compared to the present time, we can see a huge change and Bitcoin is up almost 1400%. Isn't it huge?

The next short term target is $60000. For now, next target is new ATH.

BITCOIN is for Hodlers
Not for weak hands
(I had read it somewhere, can't remember right now)

The pandemic is definitely not a blessing to most of us. It brought additional struggles to those who already were suffering and brought a whole new level of challenge to those who were doing well. Each one of us has been affected by this crisis and most are still being affected up until to this date, most especially those people who belong to the lower bracket of society. This pandemic not only has a negative effect on us but on the movement of the cryptocurrency market as well. During the start and peak of the pandemic, it caused the downtrend to the market making almost every coin's value go down and almost hit the rock bottom which caused panic to those who are still new to crypto and of course, great feeling to the pioneers because they see every ATL as a nice opportunity to buy coins with good potential.

Right now, the market is still suffering from the effect of the pandemic specifically because of the new covid-19 variant which is the omicron. In addition, the usual bearish market at the end of the quarter is also happening today which is why most coins are in a low position, even the btc. So it's really a tough time to withdraw funds by now because t will just negate your original capital invested. So instead of buying high and selling low, just wait for the right time to withdraw again. Do not be easily shaken especially if you plan to stay for the long term because bitcoin together with other coins will eventually recover and bounce back to their usual positions or even exceed it when the market goes bullish again.