Post
Topic
Board Bitcoin Discussion
Re: Why is Crypto Crashing and Will it Get Better?
by
Issa56
on 27/07/2024, 20:31:59 UTC

Crypto is crashing—Bitcoin, Ethereum, everything.
What do you mean by crypto crashing? You made the post today, and I haven’t seen any serious movement in the market. Even if there is a dump, it’s kind of little, but I am surprised that you said the market is crashing. Your account is still a newbie on the forum here, and I will say you are also new to the crypto space.
 
What I will tell you is that you should just take your time to learn about crypto. Don’t panic unnecessarily, even though there is no serious movement in the market. I don’t even think any investor will panic just because of the little dump that just happened.

Will crypto bounce back? Are you holding, selling, or buying the dip?
I have confidence in bitcoin, no matter how it dumps, it’s going to bounce back. That’s why I do recommend people who are planning to invest for the long term to just invest in bitcoin. If the bitcoin price dumps, all you need is patience. If you can hold, then it’s going to bounce back with time.
 
I don’t see any serious dip in the market yet, but no matter how the market dumps, if I have any amount that I know I won’t be making use of for now, then I will use it to buy more bitcoin, and if I don’t have any free money, then I will just keep on holding the one I have tight.