Post
Topic
Board Speculation
Re: Is this the end of excitement
by
EarnOnVictor
on 23/01/2024, 20:14:19 UTC
Including me who still believes that bitcoin will still continue before halving, although indeed after the SEC's decision a few days experienced an increase and then until today we experienced a fairly deep correction, and also greyscale who did the seller's action continuously which gave the impetus to the price that was getting down lately.

But even so this is not the end, don't let you sell your bitcoin to institutional companies because the market turmoil is very volatile, but if we want to benefit from investing in bitcoin then we need to be patient and wait, it may take time but it will work.
Whatever market influence occurs in the current decline in market prices, never disturb your concentration on holding assets until the ATH target in the future, I think the market is still in normal condition after every significant increase occurs and we just have to wait and see the market will recover soon after the movement the market is normal.

Based on the analysis, high recovery will occur before the halving because there are many supporting factors that allow market increases to occur before the halving and ensure that ETF approval support will not change because it will affect market conditions during the halving period.
I think I will be discouraged from buying more assets but will leave the majority of the ones I had bought. It might not be as easy as you said it as it could be so scary and disheartening to see the once much-valued crypto assets depreciating in their thousands of dollars, people can barely hold their thoughts on this, but I advise them to just stop looking at the asset and concentrate on the belief that Bitcoin and altcoins would overcome the situation with time. What we see now is temporary which is why I know that it will get to a level where all will stop, and the good thing is that they will never reach the low of last year again, never. This a good means for us to be happy, particularly those who are privileged to buy their coins/tokens early enough.

But at this time, anyone who wants to liquidate their asset may do so without feeling bad or believing they made a mistake, that will be smart if they do not have the mindset to hold further, they will not still miss out but are preserving their asset from much deprecation. And over time, they can resume the buying again which is a wise decision for me. ETF distorted the crypto market since last year, we should never have thought that it would be like before, but thankfully, we have the trading chart as our guide, and it will help us to make some good and well-informed decisions in real-time if used correctly.