Quote from: Rigon on Today at 11:25:41 PM

Quote from: VRExpress on August 01, 2022, 02:20:13 PM

Many people are expecting Bitcoin to go down to 10k before they start investing, well not a bad idea but sometimes your expectations might not come true, just because bitcoin was 3700$ in match 2020 doesn't mean we might see 10k per Bitcoin, remember it was because of CoViD that's why BTC plummeted to 3700$, the best strategy is DCAing, 17500$ per BTC weeks ago was a good opportunity honestly, for the short time some said but might be the last for the long term too, instead of guessing and making predictions avoid sitting on your hands and do nothing.

In fact, it is very difficult to say what the Bitcoin market will be at any given time. At any moment the Bitcoin market can be dumping and at any moment the Bitcoin market can be pumping.Many are speculating that the Bitcoin market may be dumping further and may stay within the $10k range. But we have seen and know that Bitcoin only reached the maximum of 69 thousand dollars and then gradually more Dumping is 17k dollar range.This is such a big dumping in the middle I think this is the biggest kind of down that may never come again.At the moment, the Bitcoin market is now at 23 thousand dollars, but if you want to invest, you can invest in this market.Investing must wait for long time. But you can own a huge amount of money someday.

Bitcoin is a very volatile asset and it is expected to move up and down anytime. The massive dump of bitcoin has happened many times before and it is expected because of the market cycle we are anticipating for. There are many charts all over the internet speculating where will bitcoin go and some of them are from $10k range. It's actually possible but the best thing we can do right now is to apply DCA since the market now is very uncertain.