Quote from: Rengga Jati on Today at 09:28:59 PM

Quote from: livingfree on July 13, 2023, 06:37:32 AM

This is why we do love Bitcoin. There's a huge dump within a few hours and then it recovers so fast. Thanks to the many institutional buyers that have been quick in buying those sold Bitcoins by the panic sellers.

Yes, that's right, that's why we love and trust Bitcoin. As we are experiencing right now. Just yesterday Bitcoin reached $ 31.5k and finally dropped back to $ 30k. And now it's still around that price. We are very aware that the price of Bitcoin will always be like this, being volatile with ups and downs which sometimes are still quite under control (if there is no FUD that is so bad it attacks suddenly). this is what makes Bitcoin always trusted both for trading and long term investing. Because, Bitcoin will always have an increase someday and it is very worthy even if we hold it for some time. All that remains is how patient and we don't panic about everything that happens in the market.

Good for those who do able to sell up even with that $1000 increase and now were back on 30200-30400 which it is really that something that pissed me of, since ive been anticipating that it would be able to break that 31.8 - 32k barrier or resistance on which we could possibly be able to see those 35-40k numbers but it seems that there still that huge selling pressure on those points and now were back on where we had moved on. Well, its not really that shocking though on which it is really that very common that when it comes to movement then everything would really be truly that unpredictable, there's no way that we could be able to determine on what would be it next move even the indicators and signals is already that showing the hint.

I havent searched up though about regarding news or fundamentals on which if ever there's one then it did make out that significant effect, but if there's none then as usual the market move on its own without having
those events in behind which its not something that new anymore. This is why on the time that you do able to enter on the low price and then have those gains later on, then its always been wise to take profits always
and make yourself happy at least.