Quote from: obuoma on Today at 10:03:50 AM

Quote from: EarnOnVictor on Today at 08:39:15 AM

Quote from: hero_the_bossman on February 25, 2025, 09:34:00 AM

Quote from: EarnOnVictor on February 25, 2025, 08:32:03 AM

I have to go with @Dunamisx on this, the Bybit hack should only have a little effect on the market, Bybit is just an exchange and it's not all its money that was stolen. Perhaps you talked based on what is currently happening in the crypto market, it may happen with or without the Bybit issue, the $1.4b hack is too small to cause a serious issue in the crypto market. What happens now is a result of the persistent hovering of the market beneath upper resistance without a breakthrough due to the inability to attract more liquidity. This eventually created FUD in the market which resulted in what we see now. However, I see this as a temporary setback, so expect Bitcoin to move higher than before by the time it bounces back.

I hope it's temporary and the market recovers pretty fast.
That would be great to witness after this sell we see Wink

Bitcoin moved so lower yesterday, I never knew it would hit the low of $86,016, that's crazy.

All I know is that Bitcoin will always overcome any hurdle that comes its way, it's a moment of challenges, it SHALL pass and Bitcoin will wax stronger and greater on the comeback to break above even higher levels.

At times, this kind of selling is needed to gather the needed momentum. Think of it like a ram that moved a little backward to gather the needed force to knock down the opponent.

certainly market doesn't move in one direction like wise bitcoin. Is possible that bitcoin may even take more time to make correction as an investor you don't need to panic, you just need to be patient. I will say is good to be flexible while waiting on what the market will do.I see nothing wrong if you decide to take some profit while waiting to buy the dip because the bitcoin market may make more dip for it to gather the momentum to continue to move in buy direction. Most importantly don't sell your investment because the correction will bring more opportunity and also remain while flexible waiting for the dip.

You talk as if you are very sure that the bitcoin market will make more dip before coming up again, the Bitcoin market is unpredictable nobody knows if it will dip further or not so if have not started accumulating bitcoin and you are waiting for it to dip more further you are only deceiving your self because bitcoin will never go the exact way you want it to go, accumulate Bitcoin now and hodl and disregard any selling of bitcoin now instead use this opportunity to accumulate more Bitcoin accumulate aggressively without over doing it in such a way that it will affect your personal living or that may lead in selling out your Bitcoin when you never wanted to.