Quote from: AbuBhakar on July 21, 2022, 05:07:04 PM

Quote from: Pesona1 on July 21, 2022, 04:53:52 PM

Yes you are right bro, throughout 2022 we have seen if bitcoin continues to decline in price from initially being in the range of $40K right now it is at a price of $22K, some time ago bitcoin even decreased to a price of $17-18K and I think that price is a bitcoin's lowest price point this year, and I think it's better for us to invest right now because we if we wait for lower prices maybe we won't get it.

The price can still go down depending on many factors that is happening in many countries now, the inflation , war and pandemic still happening until there is no proper solution attest to it probably the price can still drop unless there are news that will hype crypto again. It will be better not to put all our capital or savings whenever the price seems already at down. I usually just buy some and if the price went down again I can still managed to buy some.

If to this we add that the halving is also very far away then it will be very difficult for the price of bitcoin to go up due to its own dynamics, this means that the economic circumstances surrounding it will have a bigger effect than usual, and when we see all the crises that we are facing simultaneously then I would not be surprised if the price of bitcoin keeps going down for some time, but we must not look this as something bad as this gives us the opportunity to buy bitcoin for a discount that will most likely never repeat itself.