Quote from: virasog on August 23, 2024, 04:09:46 PM

Quote from: South Park on August 22, 2024, 06:28:09 PM

Weak hands should really think about what they are trying to accomplish by investing in this market, after all the movement that had bitcoin reach a price close to 50k not too long ago is not exceptional at all, as we see movements like that all the time and we will keep seeing them on the future as well,

Weak Hands ...Ahh it has been told many times that weak hands sell and the market dumps. This is not the case because the weak hand are mostly retail and dumping won't affect the market much. Actually, it is the whales who sell or buy and the market moves because of them. Yes, the retail also buys or sells based on how the markets move but we are taught that the weak hands sells Tongue

Whales can do anything to affect the market because they have high assets that can drop the price of bitcoin by several percent on the exchange, traders and weak hand investors will be easily affected by these conditions so they sell their assets to cut losses even though they know the market will recover soon but they are not ready to wait and are not ready to accept the risk of market correction.

They need knowledge to understand the unstable crypto market conditions but actually the market will stabilize after passing the correction moment and the market will prepare to go to higher prices and we predict ATH will come soon at the end of the year, so anyone who has bitcoin assets should hold on to achieve the profit target you expect in the future.