Post
Topic
Board Speculation
Re: Is this the end of excitement
by
aylabadia05
on 28/01/2024, 18:39:41 UTC
I am also happier when I see that the Bitcoin price is not stagnant at a certain level, which in other words can fluctuate so that everyone can buy at a low price and sell when the price is high. Because traders and investors will definitely get bored more easily if they see prices that are only stagnant without increasing or decreasing prices in the market.
When traders and investors who are impatient with price fluctuations make them sell when the price they don't want because they think it will continue to decline, that's when big investors make big profits by buying at a cheaper price if I'm not mistaken in understanding it correctly.

This week, the price was at the level of $38.6k and in the following three days the price rose to the level of $42k. Traders who sold at $38.6k because they thought it would continue to decline, investors who bought at that time had already made a profit of up to several percent when Bitcoin was trading at $42k.