Quote from: fzkto on Today at 08:59:47 AM

Quote from: Pejoh Asu on Today at 04:02:47 AM

Quote from: Y3shot on August 23, 2023, 01:56:09 PM

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.

Looking at the market situation which looks difficult to rise, it seems like I'm not too enthusiastic about buying large amounts of bitcoin like I did in 2017 and 2018, especially with the news that more and more whales are leaving crypto, making the market very difficult to rise, of course saving in large amounts. what we can think of as missing are better things and don't stress us out if bad things happen.

The news is done on purpose to fool people like you and me into having doubts and selling coins at the bottom. It's a psychological effect on investors. But actually how do you know that the big players are leaving this market? It seems to me that now is a good opportunity to buy cheap coins.

It seems he is falling into the trap of market makers, who are creating a boring market to make weak hands gradually sell their bitcoins at the current price. If he continues to stay in the market and does not buy bitcoin at the current price, I believe he will have to buy it at a higher price when the market picks up and there is more positive news.

@Pejoh Asu, if you no longer trust bitcoin then you should leave the market instead of continuing to watch it with suspicion. Because I'm pretty sure that when bitcoin spikes, you'll rush to buy at a higher price for fear of missing the bullet train that's about to take off. If you don't buy now, you shouldn't buy at a higher price later.