Quote from: DoublerHunter on July 09, 2022, 09:58:41 PM

Quote from: eaLiTy on July 08, 2022, 09:49:47 PM

For any investor looking to invest for the long term, this is the right opportunity to invest and wait for the long term. Yes there are doubts looming in the market surrounding the proposed taxations and new laws in the crypto space and expected regulations and the overall economic situation is not that great but still any bear market is the best time to invest.

^ That is definitely right and it was proven and tested by the country of El Salvador, they invested during the dip even though they know how investing in BTC is risky. BTC investment has always guaranteed to make a profit and as BTC enthusiasts, they know that this will happen at the right time, and now is the right time to invest while the market was in a correction. But I hate people who keep talking about BTC when the price is up but when it is on the dip they keep rejecting it, they always have doubt on it.

They need to do that because they represent bitcoin as they are the first country that made btc as a legal tender. When they show their receipt that they are buying loads of btc during this bearish market, it then gives an encouragement or confidence for others to do the same thing but no, btc can't guarantee us a profit because it was volatile and as we can see we are now in a bear where people are now losing a big percentage of their investment.

Up or down, there will always be a talk about bitcoin because it was the most popular crypto, while it is true that there are people that are more confident to invest when btc is rising. Well that was their strategy. We can't do much anything about it.