Bitcoin Started Dumping again
Now can we expect $17000 Again?
According to me, it will Dump again $17000 am I right?
Many people panic and sell bitcoin when the market is dumping, if we are used to investing or daily trading bitcoin then dumping is a good opportunity to buy, and this week the price has risen by more than 12%, if we are daily trading, of course we have to know a good moment to buy or sell, but if we make bitcoin for long-term investment then we have the opportunity to get more than 50% profit a year.
We are in 2023 right now, if people still see the price falling and panic sell, then they haven't seen how bitcoin moved in the past 10 years or so. This isn't a secret information neither, you could google the past prices of bitcoin and see that whenever it crashes, it recovers as well. Which means that instead of selling, you should be buying bitcoin because that means you are going to end up with a good profit.
This is of course not an easy task, because people still fear, and fear is not something that goes away quickly. But you could ignore your fear of price going down, with the information of it always recovering eventually and that way make a good profit.