Post
Topic
Board Trading Discussion
Re: BTC (or crypto in general)
by
blockman
on 23/01/2022, 23:25:01 UTC
And the drop keeps going, bitcoin just now is $34k. It scares me somehow to see the price drop but that's the reality that we're used to it, it's scary? Well, sure it is.
As you're saying that this drop is going to be very extreme, when I'm seeing people having their opinions to that extent, that's also scary to me.  I'm still holding on no matter how long is going to be while I get some in the way for the cheaper price.
I don't feel scared when bitcoin drop. The price is just illusion to me and i still hold some bitcoin as my saving.
what scare&worry me the most is "stable coin"
Good for you because many are scared when they see the drop. Actually, it's not an illusion but if that works for you and if that's what you think, you better think that the price now is an illusion. What makes you worry about the stable coins? There's nothing to worry about them but if you hold a bunch of USDT, then you better replace that with another stable coin that you're trusting more than it. Because as we know with USDT, they've got the ability to freeze your funds if they want to but, this is at least for those hacked funds/addresses still, they are free to do that to anyone.