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Topic: One more filed smear campaign against Bitcoin - page 3. (Read 352 times)

legendary
Activity: 1050
Merit: 1100
Haven't we learnt from the past? We are still doing panic selling which was witnessed as there were fuds created by some influencers about possible rejection of spot ETF and once this spread across we saw how people were on selling mode which literally brought down the value of Bitcoin to $40750. But this was a tight slap on face of those who tried bringing down Bitcoin as it survived this attempt as well and rising again.
Matrixport came up with the prediction that Bitcoin ETF might not be approved in this first quarter based on some careless analysis. And people who knew nothing about the sector were consumed by fear of the unknown. This shows that many people who have invested recently are targeting just the ETF approval by the SEC. I think we might see more of this and other smart investors will seize the opportunity to buy more.   
 
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When I as we I meant those who have panic sold their holding and it's sad people don't understand that just one event like spot ETF approval cannot define Bitcoin's future and people should stop believing in these smear campaigns because no one can predict much about crypto or Bitcoin.
Spot ETF is currently having the biggest attention from investors. It has attracted so much money to the industry but these events cannot define the future of Bitcoin. With or without ETF approval, Bitcoin will keep growing. Experienced investors will only sell when they get to their targets regardless of the FUD.   
full member
Activity: 1148
Merit: 158
★Bitvest.io★ Play Plinko or Invest!
When it comes to Bitcoin, it's easy to get caught up in the hype. But reacting to every bit of news can lead to unnecessary panic. Bitcoin's value can swing, but it's essential to remember that one event doesn't have the final say on its future. Crypto is unpredictable and believing every rumor can be a confusion.
hero member
Activity: 868
Merit: 952
Let’s get it straight, Nothing can actually stop this FOMO of a thing, No amount of warning can do that. This is a volatile market, some people ride on speculations that’s why we have traders on cryptocurrency. What you saw yesterday was just two side of how the Market is and will be. Yesterday they were sellers who thought the news was true, or probably miners who sold some profits, or better still people who had set a target price of $45k as when they will sell all three combine and the price hit $40k. Immediately many who wants to seize the opportunity to accumulate also jumped in and bought and the price immediately stabilized. All this are parts of it. The best thing is for one to set his own target, and invest what you can afford to lose but you can’t definitely eliminate FOMO from this market
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
It is true that even without ETF approval, bitcoin’s price will continue to increase but if in case ETF does not get approved it is known that a lot of people would sell their bitcoin either way so that is probably why a lot are taking precautions now but like you said Bitcoin is much stronger than that and selling it now because you think it is gonna drop will not be a wise move
hero member
Activity: 1652
Merit: 569
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Haven't we learnt from the past? We are still doing panic selling which was witnessed as there were fuds created by some influencers about possible rejection of spot ETF and once this spread across we saw how people were on selling mode which literally brought down the value of Bitcoin to $40750. But this was a tight slap on face of those who tried bringing down Bitcoin as it survived this attempt as well and rising again.

When I as we I meant those who have panic sold their holding and it's sad people don't understand that just one event like spot ETF approval cannot define Bitcoin's future and people should stop believing in these smear campaigns because no one can predict much about crypto or Bitcoin.
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