Quote from: Danica22 on Today at 09:57:47 AM

Quote from: irhact on August 25, 2025, 07:21:13 PM

Isn't it a good thing that the price will fall before it rise again, if there's already a guarantee that we'll be getting to $1 million soon then I won't have a problem buying when it fall below $10,000 as you're thinking. I'll be happy to buy more Bitcoin at that price but I hope it isn't just a flash fall but the price falls that low and stays that way for many months or upto years so that more weak hands can be selling their Bitcoin for the smarter Investors to be accumulating more Bitcoin.

It depends. That would be a very good thing if you have already taken profit or still have a lot of idle money to invest in bitcoin and that would be a golden opportunity for you. But if you buy bitcoin at a higher price and still haven't take a profit, or you don't have much money left to invest in bitcoin. If the price drops below $10k it will be a disaster for you.

That's why we always say that every correction is an opportunity, not a time to panic, but the reality is that not many people want bitcoin to go down and not many people are happy when it happens.

Thinking that there is a chance for bitcoin to go under 10k makes absolutely no sense, so nobody should worry about taking profit or not taking profit because it is not important at all. We should only focus on what we are dealing with at hand, and if we do that then we are going to profit without much trouble. Of course it is not impossible to do this, of course we can do it, we just need to make sure it is not incredibly complicated for us.

This is why it's easy to just handle all of this at the same time, without needing anything else. If we do that, then we should be forgetting about it all, and we can do a lot better. Obviously this is just made up nonsense and 1 million is more possible than going under 10k, that's not going to happen.