Quote from: LUCKMCFLY on August 08, 2022, 10:11:59 PM

Well, in fact, the price is taking a good path, it is recovering, but conclusions cannot yet be drawn because it could be a bearish trap and that would be something very bad,

No way that we can conclude what might be the next movement, the market is still unstable and with the volatile nature of this investment, you really need to take time to measure and project the next market run.

Quote

but I would take advantage of those who can buy to do so without a problem, but with great caution, those who buy in the dip are more likely to earn more,

Most of the time, if you buy Bitcoin or other solid assets, the outcome is good for long-term holders, based from the past market run
everything went high and gave decent to huge benefits for investors who took the long hold.

Quote

some believe that the price will reach up to $8k and although it is a price that can happen, I think it will not happen yet, Elon Musk can sell all his BTC That is something that is expected of him,

Elon Musk might influence the market and some of those weak holders, but the majority will continue to chase the potential and
will stay calm to keep their investment intact, and a chance to keep buying more during the dump.

Quote

but I am sure that many whales will take advantage of buying BTC as cheaply as possible, and this is where the most intelligent come in to buy BTC.

Whales, experienced traders and traditional investors, they are the one that will take advantage of this market and will keep
taking advantages of potential profits from this market.