Quote from: Roseline492 on Today at 09:18:13 AM

Quote from: Wind_FURY on Today at 07:02:44 AM

But I have a question for all of you who regularly visit this topic. With the high probability of a recession coming in many regions of the world, do you actually believe that Bitcoin will not be affected by the crash of the legacy markets?

Plus if you do believe that a legacy crash will also cause a Bitcoin crash, wouldn't it be a good idea to wait for the DIP?

It doesn't need an answer. It's something for each of us to evaluate in our own "shower thoughts".

In times of knowing if crash in legacy market can affect Bitcoin or not or economic recession, in my own observation economic recession can help increase the demands for Bitcoin were as most people are not sure or uncertain of what will be the out come of there economy they tend to look for an alternative to store there money and Bitcoin could be the only alternative as such bringing higher demand in Bitcoin.

Also legacy market crash could only affect Bitcoin if there are liquid crisis in the market such as lack of money in the legacy were as it becomes very difficult for investor to buy a large quantity of Bitcoin due to the lack of money on the overall legacy market then it becomes a challenge for Bitcoin.

The level of recession in parts of the world continues to increase every year and continues, which has a big impact on the people's economy. But you have to know that we are in the modern era and those out there understand the level of world progress in the current modern era. So the level of recession will not have a bad impact for the online industry sector. Now for Bitcoin, I think Bitcoin has gone through many bad periods from various disasters that occurred such as Covid and in fact Bitcoin has absolutely no effect or causes the price of BTC to fall, because this is based on buying interest which occurs continuously even though the country/region is in lockdown. However, several surveys say that public interest continues to grow quite high in Bitcoin. That's the solid foundation of Bitcoin, so don't expect Bitcoin to have a big crash because of the recession that occurred, maybe a small correction and quickly restore the situation.

Bitcoin is an investment alternative that is being favored by entrepreneurs, Business people and large companies in the world. For example, MicroStrategy has accumulated more BTC recently. Of course, that is the answer if they are not afraid of a recession occurring in other parts of the region, they even say Bitcoin is a better investment for now.

Beginners or those who are continuously learning Bitcoin they have big ambitions to have some BTC in their portfolio. So are they wrong, of course they already know that Bitcoin is a more promising investment for this modern era. DCA has always been their solution and I assume that if they continue to be haunted by the bad factors of economic decline in a region then they will continue to be afraid of making investments in any form. That thought must be avoided and I also agree with Wind_FURI opinion, if you have a strong funding level then wait for Dips, and act aggressively in accumulating BTC.