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?
True bitcoin holders wait eagerly for such moments because this is the time when they can buy more coins at cheaper price.
They know sooner or later the prices will rise again bitcoin will touch another ATH. The profits will increase massively if they buy at such dips and sell later.
So I am in the same boat. Although I don't own much sats but I am trying to implement the same strategy and trying to accumulate as much as I can in this dump.