Quote from: ScamViruS on June 30, 2024, 08:45:59 PM

Quote from: Glen Hoddle on June 28, 2024, 11:54:36 PM

Quote from: shanhaigamefi on June 12, 2024, 09:22:20 AM

Is it truly a month of downturn, or is this perception based on anecdotal ?

Although the Bitcoin market is currently dumping, I say there is no reason to panic. Because if your investment is in bitcoin then surely it will be successful at higher level price and aiming more profit.
But if your investment is in other platform then I can't guarantee it, but without doubt bitcoin market will start bull market by the end of 2024 and I expect maximum high price.

There is no need to stress too much about Bitcoin investment and don't panic if the Bitcoin price goes downtrend even for a short period of time. Because Bitcoin history says that when Bitcoin finishes a cycle, the next cycle is much bigger. Many experienced traders do not think that the bull market of 2024 is over yet and it may be seen in the market again in a few days when Bitcoin's next run begins. But the altcoin market has dumped badly and the investors are in big losses. And so investing in Bitcoin will always be considered a good decision. Because investing in Bitcoin is negative in the short term, but if you wait patiently, you will get better results than altcoin. Because in recent times Bitcoin is the first place I would invest.

Others are not looking at the bigger picture, they then to be investor but for short term goal, Lol. Personally, that is a wrong mindset, you can understand if they are beginners, but for those who have at least experience a bull cycle, we should not that we should be investing for long term. And now many are in the panic mode last month because the price goes down hard and it's still continuing this July.

Nevertheless, if you at least hold for a one year minimum, for sure the price is not going to be in the $56k'ish next July 2025. So we could be in the 6 digits by that time and so it's really worth not to panic and just HODL, simply as that.