Just wanna know your thoughts. Thank you.
Unfortunately, the price of bitcoin can't be correctly predicted whether it will go up or down, we all are just holding and hoping for the best, the dip also is an opportunity to buy more at a cheaper price, but this is for those who have the extra cash to throw in, and not for those who already bought with all the cash they have and currently waiting for profit.
Anyways, like I said before, we keep holding and waiting for the best, also buy more at every dip, if you have the cash.
Op has already said that he is a long-term investor, it means that he should not be bothered about the current price of Bitcoin but since we are all in the industry, that is no way we are not going to be concerned about the price of Bitcoin. But there is absolutely nothing we could do because we cannot make the coin to be stable. Bitcoin is either going up at a time or coming down at another time, it cannot be stable so we must learn to deal with it.
To be on the safe side at this moment what we should be doing is DCA bcause we don't know actually where the bottom is or when the next bull will run.