But due to the ongoing war in the current world, the price of Bitcoin may decrease a little more. However, there is nothing to be afraid of in this price decrease. Bitcoin has a special feature of price fluctuations. A bear market will be very happy news for holders like us. Since the price of BTC has reached 99 thousand today, I think investors have got a special opportunity.
Maybe the market went down a bit due to the attack on nuclear facilities in Iran from the USA. But we don't know the exact facts but many believe that the market went down a bit due to Trump's attack on Iran's nuclear facilities, yesterday the price of Bitcoin fell from $100k plus to $98k. But today the price of Bitcoin is $100k plus. So one should be disappointed by this type of dumping because this dumping is never long lasting. I believe people who have long-term plans are not disappointed by this type of dumping. Now who is disappointed in this kind of dumping? People who plan short term or expect to make a profit in a short period of time get frustrated. We know that short-term investment can never bring success, short-term investment leads to loss instead of profit. So always invest with long term planning.
And the price is currently above $101K, although it dumped a little yesterday, it has risen above $100K again today, which is really a good thing, but we must be patient, because the market will always have this kind of fluctuation, but we never have any reason to panic about any price. Those who panic at the moment and if they make any kind of negative decision, it will be a loss for you and you will miss a huge opportunity for this. The market will definitely be much more bullish again, but until that time you have to wait, and this is why you should always hold for the long term, if you can hold with a consistent mindset, you can definitely achieve a good amount of success.
If the goal is long term I think from what is happening now not so panic even though the price has fallen below $ 100K but I see from the other side I actually want to enter faster to accumulate my Bitcoin into more when the market correction is very deep.
The war in the Middle East is the main cause but not only that, the decline in the price of Bitcoin is inseparable from the panic of many people because of the current news but we who are sure about Bitcoin in the future should not care about the news and not be included in people who get out of Bitcoin ownership just because of the news and what is happening now.
Patience they say is a "virtu" and trust me, not all investors have it, of course the crisis in the middle east
mymay have some interference with the price fluctuation in the past few days but an investor should be confident that despite the
SharpSudden dip, the price will eventually correct back
,. so when an investor start's panicking then he/she is a kindergarten investor who hasn't grown a thick skin when it concerns
to Bitcoin price fluctuation and how the he/she shouldn't be easily swayed by the news. Bitcoin has suffered different kinds of restrictions and sanctions from reputable countries of the world but yet it still stands tall till today with lots of value accruing to it, so why should an investor show any form panic because of news about the middle east.