Post
Topic
Board Speculation
Re: Whose the fallen prices of Bitcoin affect the most
by
fulcare
on 12/11/2024, 13:20:31 UTC
Now i still want know when the bitcoin price falls, who are those the fallen prices directly or indirectly affect the most?
Those that panicked and sell their coins immediately are the people that are affected. People that continue to hold their coins will still see the price of bitcoin go up and get to ATH just as it has been in the past.

But they are not the ones that are affected the most. Those people that bought altcoins at a wrong price and the price started to fall. As bitcoin price fall, the altcoins prices will continue to fall which can significantly make the holders of the altcoins lose so much. What is more disappointing is that the altcoins may not increase up to ATH again.

This is an important point to mention as altcoins often times don't lose much, but they lose it all. They are dead in the most cases. Bitcoin has been a psychological challenge several times I admit, but knowing that it is not hot air like those altcoins, there has always been confidence that it can and will go up again. The Bitcoin is dead headlines are countless, but that doesn't make it become true and I noticed it has been a while that someone dared to post such a headline.