today i saw the btc market it went down 5% and now it is $26800 and i saw very scared people and many are selling their btc cheap but i will not miss this golden opportunity when people are panic selling so i will buy it. and I'm lucky to still have balance left on my exchange.
Are you also taking advantage of this opportunity, friend?
When the Bitcoin market goes down, there is a golden opportunity to buy it. Because when the market was above $30000 people invested very little but when the market came back around $25000 many invested heavily.
But there are many foolish people who panicked and sold their bitcoins after seeing this volatility in the market. Basically we know that the bitcoin market often rises and falls on this occasion we should never sell bitcoins at a low price. And I will say that those who get frustrated by the volatility in this market will never be able to invest successfully but will face losses. As currently the market is down and the only opportunity to invest is to invest from the current market where profit can be expected within few days.
The market needs movement, it needs buying and selling. If everyone is adamant about holding bitcoins and not selling, how can you buy bitcoins cheaply? They are not stupid but maybe they are new, do not have too much knowledge about the market or are selling according to their plan. Financial markets are a battleground and there will be winners and losers, you cannot expect everyone to win. The market doesn't print money to distribute to all of us for free, our profit is someone else's loss.
And this is how this market really been composed of on which it is really that in between market buyers and sellers and the money you are getting is something that ones losses. So this one simply a survival of the fittest.
This is why trying out your best on to survive with this market would be the key. Getting and diving in whenever you do see opportunities like price decline or dips on which making some entries would be the most
ideal things that you would really be needing to do so. If you do just simply hold then there's nothing to be wary about market volatility since it doesnt really affect you out since you arent that making some active trades.
Profitability would really be entirely be depending on how someone would really be dealing with the volatility whether they would really be making out some action or would really be holding still.This is why each one of us does really have that kind of strategies and methods on how we do deal up with this unpredictable space.Its never been easy but doesnt mean that it would be impossible and this is why outcomes and results
would really vary on each person because they arent really that similar when it comes to approach and actions to be made on.