Post
Topic
Board Bitcoin Discussion
Re: Take advantage of the price fall.
by
Lorence.xD
on 13/07/2023, 14:49:48 UTC
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.

There's nothing new on Bitcoin's volatility but everytime it falls, there's always people who would like to invest on those period which they take advantage. Maybe it's their only choice for investing at Bitcoin which it's current value with affordable price. Maybe those people who wouldn't bothered on this market situation is those people who's keep hodling until Bitcoin would increase it's worth again. If you don't know how to control yourself or you are knowledgeable enough then you wouldn't panicked in these kind of situation. Even small investor with short term even a small profit from it would already be a considered as a taking an advantage.