Post
Topic
Board Bitcoin Discussion
Re: Are we at the bottom? no one knows, but market is doing fine.
by
ethereumhunter
on 04/08/2022, 15:35:43 UTC
market is doing fine.
How much deeper market gonna dive? Many believe we are near bottom.
I use to worry about the market price and wonder if we were at the bottom until I read a topic here from a user that regardless of how the market appears, 1btc remains 1btc and as hodlers of bitcoin in different quantity, we shouldn't bother ourselves with the fluctuating value but concentrate on getting more, I found it very encouraging and I think we should redirect our focus towards that instead of worrying about the market bottom.
Yes, the market is doing well and is still moving up and down. 1 btc will also remain 1 btc but the price has changed. But we will never know when the price will bottom out and we will only know once the price starts rising sharply and continues to increase to form the next high or ATH. We just need to concentrate on collecting bitcoin and fiat and if the price gap continues, meaning the price is still up and down, it can give us an opportunity to buy low and sell high.