At the moment Bitcoin is worth $69,931.59, we are about to break 70K again. I'm very bullish on Bitcoin right now, I tried holding as much as I could when it was under 60K. I tried to grow my investment portfolio with my maximum. Anyway now that I have a decent portfolio, and I'm continuing my investment in DCA, And i will continue until I reach my goal. anyway I think Bitcoin will cross 70K in some time. And I reckon we'll see a bull very soon.
When the price of bitcoin was dropping down many people thought that was the end of the bull market and the price of bitcoin is no more going to rise. I know some investors that do not understand the market well might have sold their bitcoin due to fear of losing out but the price of bitcoin is up again. We haven't even entered the bull market properly because the price of bitcoin will surely increase more than what it is right now. If the price of bitcoin falls it does mean we are going into the bear the market, the drop in price should be an opportunity for investors to buy more bitcoin and not to be in panic to sell bitcoin because of fear of losing out.
They can actually prevent to install fear in their mind if they help their self to learn. Also those people experiencing that feeling or scenario is engaging on trading that's why if they don't want to experience getting to much issues on their bitcoin maybe they should stop doing some trades. Its because if they can't handle this so much and have less or little knowledge on taking decision for sure that they end up losing.
We provably didn't see the best thing yet for bitcoin and provably there's more to come for this year. Also hopefully those people who can't afford to trade would realize that holding is more better for them than taking risk in trading. The drop price would really be an opportunity for people who hold but for some traders this scenario cause them heavy panic which result to creating mistake and it will cost them a lot of money especially to those who trade all their hard earned money which also not advisable to do.