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.
It can never be assumed that once the value of Bitcoin falls, the value of Bitcoin will not rise from there. We all have enough knowledge about the Bitcoin market and we have been knowing about the Bitcoin market for quite some time so we only need to have a tendency to take risks. What we are always nervous about is that we don't trust to invest when the price goes up because then we might think that the market has gone up a lot and the market will dump a lot again from that uptick. Again when the market does a lot of dumping then we think that maybe the market has collapsed and the market will only go down from this situation periodically. We miss many investment opportunities because of these two ideas. But to prove ourselves as an investor, we must accept all these risks and invest. If we always hold back due to the fear of loss then the right time to invest will never come to us. We have to time our investment at the right time only then we will be successful in investing