As a young bitcoiner that is having plans to invest in bitcoin or already investing. How do you feel about the current price of bitcoin?
* is it encouraging to you that this is an opportunity for you to buy more.
* does it makes you lose hope concerning your investment that it should have gone beyond bitcoin current price of $25,835.
Before now many speculators do say by this the price of bitcoin should be around $35,000 by now, and this is the kind of news investors wants to hear all the time but it is unfortunate that the price of bitcoin has drop to $25k which can be heart breaking to some investors expecially the new ones.
Do not let the price of bitcoin right now make you give up on you investment plans, the drop in price is just a distraction to make you take a decision that can make you regret of the better days of the market coming.
previously speculators always took advantage of market sentiment to try to manipulate the price of bitcoin, they said bitcoin would be worth $100k in the near future to boost investors' buying intentions but that didn't happen because investors were not fools, while professional traders worked hard to make money. profit from fluctuations in bitcoin prices, it is difficult for them to be consumed by rumors about bitcoin.
as a wise investor, make sure you have a mature long-term plan for bitcoin, don't let price volatility affect your long-term investment plan, be sure bitcoin will make a new ATH in the future.