Hey folks, Bitcoin is coming down, hitting a certain price never before seen in probably 90 days. I know that's not really bothersome. We've been in countless similar situations in the past. But we know others are probably troubled when Bitcoin is losing almost 40% from its ATH price. The fear level has risen. As a matter of fact, extreme fear is being recorded for the last couple of days.
[1] Perhaps a reminder from the mayor of New York City could help ease the fear. Take note that this is the man who promised to take his first 3 paychecks in Bitcoin as mayor. When asked if he had received his paycheck in Bitcoin already, and was told that the price of Bitcoin has come down, he simply laughed it off saying,
"Well, you know what, sometimes the best time to buy is when things come down so when you go back up you've made a good profit..."[2]So, there you go, as simple as that; these are buying days, folks! Let's all enjoy the bargain sale!
[1]
https://alternative.me/crypto/fear-and-greed-index/[2]
https://twitter.com/SquawkCNBC/status/1479069915281870853Well, nice of him to be progressive. I believe there are al ot of folks out there who are waiting to see if he'll honor his word. Truth be told if he really does take his first three paychecks in bitcoin, it's going to make a whole world of difference. That being said, I observed that from the interview, it seems to me he hesitated before giving a response to the question. I must say that this is something that can be quickly misunderstood and misinterpreted most especially by critics and those who which to see bitcoin die if it reoccurs.