Post
Topic
Board Speculation
Re: This year is dumping ground for bitcoin
by
khiholangkang
on 21/06/2023, 16:18:37 UTC
All the time being this year has not really record a tangible price increase that's why people are dumping bitcoin for now. I consider more buy before now but I think is wise we use our wisdom to hold on or stay bitcoin idle for now, let's see what could have be the reason for this drastically continues price falling. Am thinking weather is reducing in figures, or other market products have reduced its value, or have America caught Satoshi and warn him to stop this bitcoin from gaining value? Talk please, but my advise is to reduce your buying strategies and watch.
It was a wild thinking, to say that Satosi had been captured. I think that is impossible, even if it is true the news that will talk about it will come exploding.
Price volatility on the market is a natural thing, then indeed the drastic decline is already a schedule in the Bitcoin cycle which is called the bearish phase and we have experienced it from the previous cycles have also provided evidence that the drastic decline will always be present in the 4 year cycle Bitcoin, are you a person who can't read history?
Regarding the purchasing strategy, why someone always suggested to use the DCA strategy, because with that we can take Bitcoin slowly and can also get the lowest price if it decreases, it is much better than just silent and save money to Shitcoin, who knows that day Tomorrow Bitcoin runs more dominant and you become a late person to enter the market.

Why can you say that this year many are throwing Bitcoin or become a Bitcoin disposal site? If that's what you believe, isn't it better to implement a purchase strategy when many people throw their bitcoin? We can get more amounts because the price is cheap.