Post
Topic
Board Bitcoin Discussion
Re: Don't sell your precious BTC to the whales!
by
mia_houston
on 15/06/2022, 17:12:22 UTC
We've been here before, you are just making the whales richer, selling your precious BTC for pennies (crappy fiat). The storm will pass, hodl, or try to accumulate even more BTC, it's a great time to buy for cheap. We will make it this time too. Even if BTC goes down to $15,000 nothing is forever. Remember $20,000 down to $3,000? Been through that storm too. Remember, 1 BTC = 1 BTC. To the Moon!
I totally agree with you, and seeing all the new threads and messages popping up on the forum suggesting to sell because we'll go down to $1k-5k-10k it may means we are getting closer to the bottom. But anyway it's not the first time, it won't be the last, just be smart.
The whales started to act by spreading a lot of analysis saying that bitcoin will continue to fall to its lowest, but should we believe all the analyzes made by them for spread panic?
I don't think so, nowadays many investors or novice traders are smart enough so it's hard for them to believe what the pope is saying right now, indeed bitcoin is currently in a pretty bad phase due to the decisions taken by the FED, but that doesn't mean the situation now  this is the end of bitcoin, Bitcoin has strong fundamentals and so far the price often gets turbulent in the market but is not bitcoin bounce back?