Post
Topic
Board Trading Discussion
Re: If Bitcoin drops to $8k
by
Lanatsa
on 03/06/2022, 20:58:04 UTC
I will buy more bitcoin if it continue to drop. I prefer to hold during this time and no shoping policy for my self to avoid any unneeded things and save for bitcoin investment.
It's hard, I'm afraid if the price of bitcoin is less than $13k. I wish the worst prices were around the area. If it's below it's really bad. It should be that if it reaches that area BTC will again rise. If we believe in the halving cycle and believe that the law of supply and deman then the price will increase even more. For several periods we have seen that happen so right now we just have to wait patiently. In addition, we still have to be vigilant and continue to discipline our asset management.
Whenever we do go back into those early days price or lets say 2015-2018 then it would really be creating that kind of fear in the entire market on what the hell is happening in the market?

You cant just easily trying out to make out some buybacks into these times which it would really be something hard to be done even if you do have the money or funds then this kind of decision wont really be that simple.

If you could accumulate more that into these levels or points but of course you cant be sure if recovery would be next or totally complete decline.Who knows?