Quote from: South Park on Today at 09:42:19 PM

Quote from: Slow death on January 24, 2022, 11:20:37 PM

Quote from: bhooscream on January 15, 2022, 11:47:21 PM

The world that Bitcoin is said experiencing a bloodbath is because they bought Bitcoin for $60k, but now the price keeps being at $40k. The market doesn't rise up and causes altcoins blood bathing also. For those who are experiencing the price drops and drops, the daily traders will also say Bitcoin may experience a bloodbath.

But if this is for long-term investors, they may not think about that and consider that it is normal and even they don't care about the price correction in the market. Because they are investing for the long term, not the short term.

even if people do hodl for 10 years, something that drops from 69000$ to 33000$ and that can still fall below 33000$ cannot be considered normal, this price drop reminds those in the year 2017 to 2018, it seems that whenever the price goes up a lot, it drops by more than 50% and that can't be something normal, it looks like something manipulated. anyway, as I don't know how anyone could manipulate it, I can only have this theory and keep it to myself

The price is very volatile that is something that we can see, but at the same time not everything is manipulation, after all the long term trend that we can see in the price of bitcoin is positive, if bitcoin was just an asset used to speculate with then that is not something that we would see, I think that a great deal of the volatility comes from the fact that bitcoin is something revolutionary and people are not really sure about what is its value, even if they know that it should be very high.

Once you do step your foot into this market then you should be preparing yourself when it comes to volatility and very speculative one which to mind that this
market is composed of sellers and buyers which we couldnt really assure about those not experiencing bloodbath.Market could possibly crash if all would be deciding to
sell and since it is only composed with sellers and buyers then tendency or chances would really be there.As an investor then you shouldnt really
cross out those kind of probabilities.