Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Most people won't buy bitcoin unless it break its ATH again and due to fear of more dip.
'How many times have we heard those kinds of bullshit talking points?
Too many.
Remember late 2016..? never going above $1k again because too many peeps selling at those price points.
The same was true in 2020 too, and why so many folks sold way too many coins on the way up past $20k .. and surely we did not realize we would be able to buy those back... so surely not easy for folks who sell too many too soon and then likely end up fucking up in other ways too. in their failure to have a sufficient/adequate BTC accumulation plan and to reasonably and prudently act upon such BTC accumulation plan.
Even in December 2018 bitcoin went down to as low as $3,236. The real issue is not many are interested in buying on dips rather in bullish market when price is high.
I too was among people who sell bitcoin when I saw price jumping 20k$ but I am satisfied that I got decent return on my investment. Though I could get more profit if I HODL but who knows the future price of bitcoin? No one.
