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After 13 March 2020, This is Another Horrible Day In History Of Bitcoin
THE DAY I CAN'T FORGET
19 - May -2021
The Black Wednesday
Most whales are probably extremely happy for what it is happening, it seemed that we have left the 40k level for good and now we are back below it so while this can be bad for small investors like us it is great new for whales looking to enter the market at reasonable prices once again.THE DAY I CAN'T FORGET
19 - May -2021
The Black Wednesday
Now it is debatable how long this is going to last, the altcoin market is responsible for this drop and bitcoin is going down because of it, but give it enough time and bitcoin will recover and leave altcoins on the dust again proving once again that when it some to this market investing in bitcoin is most of the time the only correct choice.
wrong. Bitcoin's decline is responsible for dragging altcoins down. Bitcoin is the giant. Where it goes, the lesser coins follow.
You better get used to these spikes and dips because bitcoin is controlled by billionaires with billions invested in it. At this point, like all investments, once the whales figure out they can make massive profits, the small investor is at their mercy. The best bet is still to buy low and sell high or just hold and pray. Selling out of fear and taking a loss should not be an option. Bitcoin is dragging down all crypto right now, including block chains, but it'll recover after the panic sellers are shook loose.
What's all the complaining about Musk for? Crypto has been sky rocketing since the beginning of the year and it was long overdue for a correction. Look at the crypto market. They're all down. If you think Musk is responsible, you should be thanking him for making it more affordable. Good investors buy on the lows, not the highs.