Post
Topic
Board Bitcoin Discussion
Re: Bitcoin slides below $59k
by
Apocollapse
on 05/08/2024, 05:26:51 UTC
Where are people who keep correlating the dump of Bitcoin price and Mt.Gox? Cheesy now Bitcoin price dump for 10%, but Mt.Gox didn't send any coins today.

We're still in Q3, while the bull run starts in Q4, so I don't really care with the sudden drop that happened before Q4. But, people can take advantage over this drop to buy at the bottom.

from what you're saying, it's going to go down even further in the near future. so people should sell their bitcoin and wait to buy it back. that way they can have MORE bitcoin than if they didn't do anything. fiat is the safest place to have their money in these type of situations. $1 is still $1 no matter how much the markets tank.
If I have unlimited time, I don't mind to sit in my chair and looking at the monitor the whole day because if I lose I will not stressed out to recover my loss. But since I have limited time, trading isn't a wise decision, I'd rather collect my money by working and DCA-ing Bitcoin.