Quote from: virasog on Today at 05:54:03 PM

Quote from: Futurexxx on Today at 03:46:43 PM

I know that you are a bit excited that Bitcoin is back to the $109k mark, but try to get your facts right before saying it here.
It's true that Bitcoin got up to $109,400 plus, but that is below the previous all time high, if am not mistaken the previous all time high is $109,900 plus, so you see that you are wrong, though I am expecting Bitcoin to set a new all time high today or tomorrow because it's seriously on the rise, but don't be giving us wrong information buddy, calm down, we will surely get there, just buy more and hodl.

A few months ago, the bitcoin price was between 70K to 80K and there was too much bearish momentum. At that time, most of the people were saying that we may drop to 50K or 60K and people were panicking to sell their holdings. However, once again we saw that bitcoin recovered and moved to almost a new high. Most of the people wouldn't imagine that bitcoin can reach those levels again so quickly.

These recent price actions from 109--74--109 show the power of buying the dip and holding. You cannot get a perfect example of Holding and not panic selling when there is too much fear in the market.

Bitcoin market has shaken the globe within few months, giving every non investor and a real investor a reason to speak for or against bitcoin. Many spectators were feeling like the prophets during the bearish moment and predicted a fall below $60k and a possible continuous decline in price. A friend almost made me to believe that bitcoin is a pyramid scheme and claimed it has gone beyond the budget and the creators were regaining all their investments by crashing the system. I only laughed and bought some stash again. He was still the person who first announced bitcoin at 105k few day's ago to me.

One thing is that, who ever learns how not to be stucked in bitcoin chart would make a better investor because you won't witness some market decline that may occur swiftly and normalise later.