Quote from: leonair on Today at 04:35:35 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 goes up and down constantly this cycle is always going on but it is very difficult to predict which one is the real time to invest. and the investor who can predict that real time is considered a successful trader. Bitcoin price hit 68k and it went down again and went down again when it hit $50k but it was considered a dip but Bitcoin price didn't stop there it went below $16k. So when the price of Bitcoin was 68k who could have guessed that the price of Bitcoin will drop to 16k again? this is the problem that no one can easily predict price correctly.

Since from the beginning which this market or any market out there does have that rise and falling kind of behavior on which these movements are really that typical and this is the main reason on why we do make money or

profit.The only difference in between markets is on the level of volatility just like on example of between crypto and forex on which you could really be able to significantly see on their differences but in overall concept
which it is really just the same on how people should really be making money or having the approach which its on that basic buy low sell high kind of concept. It might that sound simple but on the time that you are
already on such situation then it is really that a huge challenge for everyone.

Newbie would usually freak out on the time that they would be seeing huge red candle and instead on taking up the opportunity on buying, they would rather make a panic sell on which it is
really that something a very common scenario but sooner or later then would really be able to realize on the things that they have done which is really wrong.