Quote from: Zilon on May 28, 2022, 05:28:06 AM

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.

Whenever Bitcoin went from $30k to $20k many people thought that Bitcoin would be dumping a lot more.Then we became very nervous about Bitcoin.Then I saw Bitcoin cross $20k and stay within $17k. Then all the investors fell into a lot of thought consciousness.Then we were reminded of the $8k that Bitcoin would soon be in the $8k range.But Bitcoin goes from hundreds of thousands of dollars to $20k and is currently hovering between $21k If Bitcoin comes in at $8k then of course I will buy Bitcoin and invest it for a long time.But I’m sure Bitcoin will never come within $8k.