Trading Bitcoin has been a real rollercoaster lately, especially for investments. It's a pity that your friend bought $1000 worth of Bitcoin only to see the price take a nosedive. But here's the thing: predicting the future of Bitcoin is like trying to guess the lottery numbers. We can't control it. This isn't the first time prices have tanked, though. Maybe we can see the bright side and use this opportunity to buy some Bitcoin while it's cheap. By the way, if anyone here has insights into why prices keep dropping, we'd love to hear them. Being newbies in this crypto world can be tough, right? But hey, that's why we're here – to support each other like a family.
Bitcoin has been on the decline for a long time, not recently, and we are in a bear market, it should be taken as normal. We do not know what will happen in the future, but it is an insult to Bitcoin to consider the future of Bitcoin, which has radically changed the money markets, the economic market, is equivalent to predicting lottery numbers. There is no need to talk much about Bitcoin and I am just sending you
https://bitcoin.org/bitcoin.pdf and advise you to read it carefully. You must read for your future.
If i'm going to speak for the Bitcoin intake, there is a simple rule; Buy when the price is low and sell when the price is high. But this is easy to say, hard to do. I recommend using an average dollar cost strategy rather than timing the market. In this way, you can reduce the effect of market volatility by investing a small amount in an asset such as crypto money, stocks at regular intervals. You should always make sure that you have enough savings for this,. If you believe that your Bitcoin investment will increase in value in the long run and experience price fluctuations in between, you can use the average dollar cost strategy. Here we all know that Bitcoin will reach levels that cannot be reached in the long run so it is not too late to invest.
For people who had been on this market for a while now wont really be getting shocked if the market goes like this but the fact that they would rather be get the opportunity to buy in cheap coins
but for noobs who had just stepped into this market would definitely be having that kind of whining and crying about their portfolio on seeing those declines or decrease which is something that you would
really be needing to control your emotions and mindset because if you dont then you would definitely really be ending up on having that panic sell which is something that mostly to happen.
This is why its really that important that you should really be that sensible on what are the things that you should really gonna do specially on market conditions like this. Treat up that market does have
its ups and down on which it is really just that casual, there are really just that people who cant really be able to bare out their emotions and make out some impulsive kind of actions.
We know that market could be going ups and downs and its just normal that we do really see those red long candles specially if there are some economical news which it is something that inevitable.
There are just those people who couldnt really just resist on not to make out those reactions.
