Quote from: skarais on February 22, 2022, 06:07:53 PM

Quote from: michellee on February 22, 2022, 05:19:01 PM

After looking at the current market conditions, it looks like we will still see a downtrend because the bitcoin price did not move up but stayed at the current price. Yes, bitcoin has lost some of its prices since ATH but I'm sure, sooner or later, the price hike will definitely come back and it may still take a while to go up. As long as investors and traders can manage the risk, they will survive if the downtrend continues and they will find a way to do that. Maybe now they are losing profits but some investors and traders are still trying to profit.

A price recovery is a possibility as it is uncertain when it will happen even though we already know enough how the market works. We can't convince others of the price that might spike in the future because it's not a surefire guarantee. Volatility is something that must exist because demand and supply are constantly changing, this will provide risks so that any guarantees in the future are not the right solution for those who are not experienced.

We can only reassure ourselves about all the possibilities as being optimistic about bitcoin's huge potential in the future is quite reasonable so far given the increase in adoption and other things that are pushing investors to enter more.

Hopefully, it has started to happen now so that bitcoin and altcoins can continue to rise. Even if it is a temporary increase, it is okay because we can profit from the difference between the current and previous prices. This time, some people who already bought at lower prices have already felt the benefits, although not much and they can repeat it at another time. Even if they still want to wait until the price is back above $40k, that's also okay because we have different plans based on the market situation. And we do have to be optimistic about bitcoin's great potential in the future.