Lets assume
Guggenheim's Minerd speculation on bitcoin having an ultimate bottom of $8k if it hits $30k referencing the "[U.S. Federal Reserve] being restrictive.”, Currently bitcoin price is below $28k and from the look of things this speculation might and might not be accurate but what if bitcoin price falls to this very dip.
I am asking what will you sell to buy more bitcoin if this speculation ever happens or will you choose to sell off all your bitcoin due to FUD.
It is known to all that cryptocurrency is passing in unfavorable conditions. There is a kind of panic situation on going especially among btc investors. But now I think we should be more careful in this situation. Suppose I sell my bitcoin and waiting for getting it until when it reach 8k. Is it to be a good decision? absolutely not because normally it is very difficult to buy the coin at the price $8k. I just holding my btc for long term. I believe it will turn again but it may takes a little longer.