This is the biggest opportunity for anyone to buy BTC. BTC has an inflation rate lower than gold and it will continue to drop after the next halving and future halvings. I am forever grateful to be in this space. I am a step ahead.
The price of bitcoin dropped from $69,000 to $16,000. This is a very strong drop in the price of bitcoin.
That is why it is the best time to accumulate Bitcoin. Just think of this, today is 2022, the current price of Bitcoin brings us back 4 years ago when price of Bitcoin is around 16k before it rallies to $69k in 2021.
Yeah.. but $16k was never really any kind of sticking or important price point. We have a considerable amount of time between about $5k and $9k.. but also surely several times in which the BTC price got above $10k.. and got as high as $13,880.. so yeah. maybe we can say that the relevant price range of 4 years ago largely gravitated between $4.5k and $12.5k.. with a few bounces outside of that range.
So then a question might regard the extent to which we might go back into revisiting any aspect of that previous range - and surely there have been some pretty heavy liquidity (aka scam/lack of collateral/overleveraging) events that have caused quite a bit of excessive downward BTC price movements - including questions regarding whether current prices are a bargain or if there might be more bargain in bitcoin's near-to-medium term future.
A simple reason is enough to understand why it is good to make ourselves among he strong hands. People continue to buy whenever the market turn negative. At that moment fear too accompanies thinking whether the recovery will happen or not. The simple answer for this, we need to calculate the percentage of people into cryptocurrency last year and this year. With time the users have increased, usage have increased and so will be the demand. This shows the supply demand mechanism push the price harder.
What's crypto? We are talking about bitcoin in this thread.
Strong hands are buying bitcoin.
Whales are buying bitcoins
Intelligent investors are buying bitcoin
Governments are accumulating bitcoin
And those who are accumulating altcoins are greedy non-sense bunch of retail investors, who will get rekt one day or the other.
Every day a crypto will be dead but only bitcoin is here to stay forever.
Well, also it seems to me that if people are using the term "crypto" when they are either talking about bitcoin, or trying to describe matters beyond bitcoin but related to bitcoin, but still speaking in vagaries by using the term "crypto" or "cryptocurrency", then it seems that they likely do not even understand what bitcoin is if they cannot find the words to incorporate bitcoin into what they are saying.. or at least to clarify why they are using the term "crypto."
I think to avoid misunderstanding, instead of Crypto or Cryptocurrency, the term used to direct other cryptocurrencies should be altcoin or alternative cryptocurrency. Since Bitcoin is under the umbrella of the term cryptocurrency, it isn't wrong to say Crypto in place of Bitcoin, besides, Bitcoin is the icon of Cryptocurrency, IMO
I don't agree. Sure, if there are ways that you are able to clarify what you are talking about, then you may not get rath from me, and yes, there is so many people throwing out vague references to "crypto" and "cryptocurrency" which has caused a lot of others to be on a similar bandwagon as me.. in terms of trying to get people to specify what the fuck they are talking about. I tend to not be against any of those terms as long as we know what is being talked, yet frequently the terms are ways to speak loosely, to mislead or to employ subtle insults, digs or even to create false equivalencies, so in the end, you can do what you like, but if you seem to be engaged in the same kinds of ambiguities, then you might either draw attention to yourself or you might end up confusing or misleading your audience.. whether you want to do it or not. So it is up to you regarding how clear you want to be, and surely sometimes there can be legitimate purposes to be vague or to speak generally.. so sometimes the use of vague and misleading terms will not be essential to other valid points that might be being made (or discussed).
A simple reason is enough to understand why it is good to make ourselves among he strong hands. People continue to buy whenever the market turn negative. At that moment fear too accompanies thinking whether the recovery will happen or not. The simple answer for this, we need to calculate the percentage of people into cryptocurrency last year and this year. With time the users have increased, usage have increased and so will be the demand. This shows the supply demand mechanism push the price harder.
What's crypto? We are talking about bitcoin in this thread.
Strong hands are buying bitcoin.
Whales are buying bitcoins
Intelligent investors are buying bitcoin
Governments are accumulating bitcoin
And those who are accumulating altcoins are greedy non-sense bunch of retail investors, who will get rekt one day or the other. Every day a crypto will be dead but only bitcoin is here to stay forever.
Some altcoins perform good resistance against bad market condition, but most of them just pump and dump. .
[edited out mostly shitcoin trading ideas.. aimed at getting more bitcoin or who knows what the aim might be? to get more dollars, perhaps? who knows? who cares?]...Yeah.. but you are still quite off topic to be going into the area that you were talking about... We are talking about bitcoin in this thread, and if everyone wants to talk about their favorite or least favorite shitcoin to play around with. .then we are devolving into causing headaches.. and not really having any kind of a meaningful discussion that is related to king daddy.. rather than meandering nothingnesses.