Quote from: wmaurik on Today at 01:00:47 PM

Quote from: maydna on August 02, 2024, 11:11:48 AM

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Before the Bitcoin price goes up again in the coming weeks, it is better for everyone to buy again at the current price because the Bitcoin price volatility never stays for long at a certain level so I agree more with what you said where everyone can use the current downturn to buy again as much as they can to increase the amount of Bitcoin ownership that we hold now. Because in this year the decline always looks temporary and the increase in price always looks more real as has happened in the last two months in Bitcoin so I am also more confident that in this month Bitcoin can still increase again and can even pass the $70K level.

Yes, that is wise advice on what bitcoin holders should do during a market correction.
The price of bitcoin can move in two directions where at one time the price can fall for several reasons and rise for several reasons. It is best to stay calm and not panic, if you are truly at this level then it is very possible for you to avoid mistakes.

I always say to accumulate whenever you have a budget, whatever it is and how you approach it. If you have big plans for the future, then hold bitcoin longer and ignore the intention to sell when the price does not match your expectations.