Post
Topic
Board Speculation
Re: Big surprise in mid-August - Do not panic!!!
by
GeorgeJohn
on 29/08/2023, 16:42:43 UTC
So far I haven't really cared much about market volatility - but the current market conditions have reminded me of the FTX crash. Not sure when the market will recover even though I'm not too affected by the volatility. My hope is only one; avoid panic - just hold your bitcoin and accumulate.
The fear of bearish market makes some of the investors who does not know the rudiments of bitcoin price falling and rising to panicked to sell their bitcoin, its quite alright that I don't throughly base or believe on bitcoin speculations or predictions, but I know that what is happening in bitcoin price currently is just a correction, and even though bitcoin is in full state of bearish I believe that bitcoin price will not take long to accelerate in price and those who panic to sell their bitcoin  will be at negative side of bitcoin. If bitcoin falls very well is of benefit to people who is anticipating to purchase bitcoin and invest when the price drop very well, secondly when bitcoin rise and get above  thirty thousand, its also stand to profit to investors who purchased when the price was low, so two things are involved in bitcoin price falling and rising, some people get profited when the price falls and some people get profited when price rise, so it depends on your personal target.