Post
Topic
Board Speculation
Re: What is the story of bitcoin prices so low?
by
HONDACD125
on 02/04/2025, 21:13:28 UTC
Even though some finally leaves, there will then be another weak hands that will enter but the good news is that they are not always the cause of the drop and they can even have a less impact since I believe the number of strong hand users are much than them. Political news right now is not just a simple political news because many politicians are now involved in crypto. Actually, lots of people have FOMO'ed already in BTC after finding out its true potential, though maybe there are also lots left that are not yet here. Time is running, so I won't slouch if I were them.

The fact is, FOMOing into Bitcoin actually isn't a bad thing logically because we know the price of Bitcoin eventually goes up. However, if someone had quick profits in mind and FOMOed into it so that they can get some money quickly from it and then it didn't live up to their expectations, that might be disappointing for them and this can also be the cause of them leaving the market after getting dishearted from this incident. Those who have invested money that they can hold easily will eventually get their profits even if it takes a year or more.

It's about understanding how the market works and then people wouldn't panic. Now if I knew that the market moves up and down all the time and it's totally normal, I wouldn't worry about short-term drops because I would be confident that my assets are losing value only for a short term and it will regain its value over time.