Despite a rise in volatility and massive losses for BTC the long-term holders are positive. It is observed during recent sell-offs and downturns, those who hold for a long time generally remain optimistic and are patiently waiting for the price to rise again. On-chain fundamentals are strong and with the halving set to come in the near future the supply of bitcoin will be restricted and will create further upward price pressure.
What are your thoughts on this? What could be the rise of price by end of 2022?
We are long term holders, we dont care for these mini dumps which are done by this big whales. Its just temporary fluctuations which are nothing but opportunities for new users to join into the Bitcoin ecosystem. Rather than panic selling, we should buy more Bitcoins in this bear market and hold until we get profit. Bitcoins are so valuable that, after some years it will become really rare, and for this the price will go up, and we gonna enjoy huge profits.