Post
Topic
Board Trading Discussion
Re: What happened to the crypto market?
by
livingfree
on 12/06/2024, 20:33:32 UTC
Whatever the reason behind the decline in market prices, it is something normal to happen. Up then down.
Yes, and we're up by now.
Correct. The graph is straight up in a moment where almost a 6% increase occurs.
Yeah, and that has been back before that up came. A normal volatility scenario for BTC.

You're right that Bitcoin investors won't really be worried at all as most of us are long term holders. Whilst for most of the altcoin holders that don't have Bitcoin, they're the ones that are mostly worried.
Because real Bitcoin matters will result in certainty from the tokens held.

To get rid of worry about the altcoin you hold, turn around and prepare to become a Bitcoin investor. Altcoin holders will not have the convenience of Bitcoin investors. If you are just starting to dive into the crypto market, we can still understand if your choice is tokens, but if you persist in this choice for too long it is bad.
Let's just hope that many of them are going to turn to Bitcoin. The profits that they have made should have been converted into it so that they'll be able to make some good move once Bitcoin moves a lot.

It actually did moved a lot already for this year and we're just waiting for some more. But don't be too greedy for that time because you still need to timing not for BTC but for yourself and decision.