Of course not! I've never said that. What I meant is that Bitcoin is like a rollercoaster ride. Prices can go up and down at any moment. With every bullish period, comes a bearish one. I'm waiting for the temporary "dump" (or bloodbath) to buy more BTC at a discount.
I know many of us are waiting for prices to go back to $30k. Sounds like a dream. But nothing's impossible in crypto land. The excitement will begin once BTC goes all the way to $1m. It will make many of us rich. Who knows what surprises we'll find in the future?
Well, is it? Bitcoin had been quite stable since the previous May up until President Trump was elected, which sparked a major spike in Bitcoin's price. Don't get me wrong; I don't disagree with you, but I'm just pointing out that from how I've observed Bitcoin, the past year hasn't had much of a rollercoaster ride; even known analysts and traders were claiming that its volatility has stabilized quite a lot. I don't recall having major volatility nor severe ups and downs that weren't resolved within the next few days.I know many of us are waiting for prices to go back to $30k. Sounds like a dream. But nothing's impossible in crypto land. The excitement will begin once BTC goes all the way to $1m. It will make many of us rich. Who knows what surprises we'll find in the future?
Nowadays, seeing Bitcoin range from $103,000 to $108,000 isn't a major volatility to me; even if it drops as much as $95,000 or even lower, I wouldn't find it as big of a deal, because just like I mentioned earlier, such drops usually resolve within the upcoming day or two at most.