Post
Topic
Board Bitcoin Discussion
Re: Strong Hands Are Buying
by
Oneandpure
on 24/07/2022, 15:51:17 UTC
The drop is always relative and depends on the moment you enter the space. Imagine you've never heard about bitcoin and join the forums in April or May this year to learn about bitcoin. You wouldn't care much about the drop, on the contrary, it would be a nice opportunity for a newcomer who comes in with some fiat to buy at 20k and next month the price is already at 22 or 23k. You'd be ecstatic, while people who came in last year might feel exhausted after months of downtrend.
Over proud expected when entering investment with bitcoin on higher price and make them blame how bad thing happen later, exactly with beginner and first time know about bitcoin after seeing many investor reach much profit, they don't know when the expert investor entry and buy back bitcoin, but many people actually with new investor made mistake when investing. Right now many of them realize what happening with bitcoin investment after price drop. Can't be strong hands with bitcoin investment when entering with expensive values because you don't have other source or passive income, maybe different what did by El Savador president because he still have other fund for investing again in bitcoin when price drop.