Re: What will be running in your mind if Bitcoin reaches $1000 again
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Inflation is another problem, and they have successfully caused Bitcoin to remain at lower levels compared to its all-time peak of almost $69000. Its market capitalization today is a little above $454 billion, which is still a good value. However, in events that more backlashes and higher inflation negatively affect the crypto some more and finds itself at about $1000. What would be your reaction? Will you turn your back on Bitcoin or has your investment just begun on it?
As for me, my investment has just begun. I have learnt from my past mistake.
The first is to pay attention to how the community reacts to such prices if they continue to show a positive reaction then starting to collect more Bitcoin at that price is a good opportunity that should not be missed and most likely will not repeat itself if it enters a bullish trend, don't regret later for being too afraid to start having more btc with such priceAs for me, my investment has just begun. I have learnt from my past mistake.
surely there will be more dumping from the whales to make the price even lower and they will buy them all.