Well recently the market is in a bad mood. and I'm sure many of us are wondering why. While there's no single answer, recent news suggests factors like Hong Kong ETF disappointments and the Fed's interest rate decisions are influencing Bitcoin's downward trend.
As we know, altcoins often follow Bitcoin's lead. This dip in BTC has also dragged down Ethereum and others, potentially creating excellent buying opportunities for those who might have hesitated before.
I know you guys will be asking me, why is this post when time's going out? To answer you, I'm already taking the dip. It's a good thing that some exchanges even started events, I am also currently trading some BTC and ETH in a trade to mine event on Bitget to earn some BGB rewards.
Well people might want to know that you guys think this is a perfect opportunity now to load up on BTC and ETH? I think people should take this as the perfect time to buy the dip while the dip exists now.
I'm also very much frustrated with these market conditions I mean what is the point to launch so many projects in the form of altcoins if all the projects are dependent on BTC. If BTc will perform well they'll go with the trend or vice versa.
If the whole market depends on BTC then it's very easy for big investors to manipulate the market in the way they want and there is no sure and secure future for small investors.