Quote from: Alpha Marine link=topic=5132720.msg653580[b

[/b]20#msg65358020 date=1746685744]

Quote from: Gost ms on May 07, 2025, 06:06:02 PM

A few days ago, there was or was a big fall in the Bitcoin market. At that time, many people told me many things and I have heard many people on this forum say that maybe the price of Bitcoin will not increase anymore. At that time, I had no words to say. But today I want to say that the market price of Bitcoin is above 96 thousand dollars. Bitcoin has proven itself again that I am the best of all. Those who said that the Bitcoin market will never recover, were proven wrong again. Those who panicked and sold their holdings during this fall are regretting it today. The risk is very high in the short term but the risk is much lower in the long term investment. If you look at this fall, you will understand why this is said. This fall will be a great example for new investors why it is necessary to invest for the long term.

I still cannot understand why a dip from 90k to 75k will make people panic and start doubting bitcoin. This is a currency that has gone from 69k to 9k before, yet every small dip still scares people. I understand if newbies get scared and peopl[/b]e who don't know shit about bitcoin but I don't expect that from people who have been in bitcoin for a while because if you've been in bitcoin for a while even if you've not experienced a full cycle, you must have resrched and read about it and see hoe the price fuctuates.

There has been no such historical data that records where Bitcoin price has dropped from $69k—$9k before, rather what we've had the price dropped as at 2021 is around $15k, and that was actually during a bear market that catalyzed such a deep in the price of the asset and coupled with the Luna and FTX collapses, the event that saw the price drop from that previous ATH of 69k way down to $15k+ price. But in a normal Bull market like this, what we used to have is a price correction of about 20–30 percent price in corrections.