Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
YUriy1991
on 04/09/2023, 06:02:22 UTC
Now try to see through another parable by taking an example of one model of goods in the market, both traditional markets and modern markets with many kinds of goods models. You can see the price of an item for which there is no demand or demand but very little, I'm sure you will find a discounted price on the item so that the item can sell well in the market.

As for Bitcoin, actually this kind of thing can also happen because, as has been seen, a push from demand can indeed have an effect on increasing prices and that will not happen by itself. But because this is Bitcoin which is very different from other things, you also need to look at the other side, such as the overall Bitcoin supply level and the level of Bitcoin circulation that already exists in the market which can also have an influence on the price.

I know the supply of BTC is constant and there will be no more but the Market continues to run and I also understand The recent decline was triggered by several interrelated factors and it is common that value fluctuations are sometimes wild in the market. Yes. once again digital coins in this case, especially BTC, are unique and different, but normally the way a market works like this is if the demand for buying Bitcoin in the Crypto Market increases beyond the supply of sellers, then the price of bitcoin will rise and on the other hand, when there are more Bitcoin sellers than buyers, then the price of bitcoin will drop to a price point where the number of sellers and buyers balance is very useful, of course.

I think you also know that currently many investors are showing caution because they realize that excessive price drama regarding bitcoin and this volatility is a big worry among aspiring traders to put it mildly. But, one thing for me right now trends can always change or reverse, but the invention of Bitcoin has changed the world today and the beauty of trading lies in its diversity, and through the study of price action, traders should be able to profit from the same. make them financially independent and stable.