Quote from: Minecache on Today at 01:36:28 PM

Quote from: Flyingjack123 on Today at 02:07:16 AM

Many crypto exchanges are laying off employees. Recentlycelsius recently has limited the withdrawal
Bill Gates has called Crypto, NFTs as Based on ‘Greater-Fool’ Theory
Yet many other well read people like American billionaire businessman David Rubenstein said that crypto would not go anywhere despite the ongoing market correction.

How long will this market correction will continue and where will this stop.. and where will Bitcoin stabalize

Why should you care what others say when you are a direct market participant and not them. The market is going through a strong correction and this is not the first time bitcoin has dropped in price so there is no need to worry, no one can say exactly when this bear wave will end, it could end tomorrow or it could last for another 2 3 years. Nobody knows. As long as you don't panic and keep holding, I'm sure the market will bounce back in the future.

I agree with what @Minecache say, so far we know that bitcoin is a speculative asset and it is clear that many factors will affect its price movement in the market, as now the price of bitcoin tends to fall quite sharply, but without us realizing it when we panic, we too have contributed to the price decline that occurred, if we all could be patient and not panic selling of course the price of bitcoin would not fall this badly, because after all supply and demand are the main factors determining the price of bitcoin in the market.

erick94

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