Quote from: Mr.suevie on July 13, 2023, 10:25:57 PM

Quote from: Rockstarguy on July 13, 2023, 02:39:14 PM

Quote from: freedomgo on June 29, 2023, 09:58:17 PM

Quote from: FiveG on June 12, 2023, 02:50:09 AM

Is been a hard knocked to everyone trading bitcoin this seasons especially investment, my friend was sore disappointed for the recent falling of price because he bought $1000 bitcoin but the truth is that we cannot foresees the future in today, this is not the first time the price is Reding down, we should take advantage of this time at least you can use a small to purchase high value bitcoin. I wish we've profound bitcoin price analyst here, many people really wants to know the cause of continues price deflected, if you've ideas please your comments will be very important here. We newbies this days fall victims a lot because of ignorance of cryptosystem. Let's talk as a family.

Price falls are nothing new. They are actually defining how the market works that’s why you have to take advantage of it before those opportunities slip away. And I can say your friend OP is not ready to take an edge over the price decline and if he’ll resort into panicking and lose his control, he’ll end up making wrong decisions that he might regret in the end. Maybe you can advise him to stay calm and patient, and let him know that price falls are important so that everyone can enter the market at its maximum accumulation.

The market price is always volatile and if people understand this about the market I don't think they will be a bothered when it fall because it is nothing new, that is our the market has always been. When people are so concerned about the fall in the market it means they are not ready to invest in bitcoin because the price of bitcoin is always volatile. The market can never be predicted and people are aware of this but they still go ahead to invest and still get panicking when the market falls in price.

For me and anyone who truly understands the whole concept of having a bitcoin investment, it will very to you that the price dip is actually a very significant moment for you thats if you are hodling for long term investment because the dip in price opens you to a greater advantage to buy and bigger figure of BTC so as when the price pushes high the income or profits you will be expecting will be something to smile about but in a situation where you are acting like pussy and sold because of the dip then you are the one lost in the whole investment.

The first thing to pay attention to is the concept of falling prices on bitcoin, price corrections can last a long time which is known as a bearish season. in that season there is indeed a big price discount, so if we buy it with capital we can get a greater number of coins and of course it will be easier to make a profit. However, what needs to be considered is that not everyone dares to buy when there is a decline, because we often think that it might come back down again. even though no one knows where the bottom of the decline will be, so we can see any support that has formed to be considered as a buying area, if you stick to buying at one price it's difficult to find the best price to buy, considering that no one knows what will happen to the next market