Topic: Why is bitcoin reduced price an opportunity to buy? - page 9. (Read 17609 times)
legendary
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The reason why bitcoin reduced price massive drop in price is an opportunity to buy more bitcoin is because bitcoin is still in it's early development stage and has a past history (as seen in the image below) of recovering when ever there's a massive drop in price as we just experience this year. If you spend some time doing some research on bitcoin then you'll understand why whales always buys the community panic sells due to FUD.
The answer to your question is inherent in the question itself..
People purchase more when the prices are low,because it's an opportunity for the adept trader to take advantage of the seemingly bad situation,and considering previous trends(ability to bounce back after a bad crash)also one should be confident if financially buoyant to acquire more coins when they are affordable..
That way you turn out to get more profits that normal,if you had bought at a high/normal price
People purchase more when the prices are low,because it's an opportunity for the adept trader to take advantage of the seemingly bad situation,and considering previous trends(ability to bounce back after a bad crash)also one should be confident if financially buoyant to acquire more coins when they are affordable..
That way you turn out to get more profits that normal,if you had bought at a high/normal price
some people have lost confidence in bitcoin because of the current decline, some large investors take advantage of the opportunity to buy as much as possible, bitcoin never reduces prices but this is just manipulation of big traders
I do not think that I do not think that when the price of bitcoin drops too high then it is a chance for us to buy in large quantities because it is more likely that it will fall sharply.
If you consider Bitcoin as a real currency, you can replace it and apply it and the world is recognizing it. You always appreciate the value of Bitcoin over time. See the Bitcoin discount as a good opportunity to buy.
Here, investors believe in the long-term value of Bitcoin. So when prices drop, they buy more. Although the market is very hard to guess, it means buy at the price lower (bid at the bottom) and as soon as the price is up. Strong discounts allow investors to spend more money to buy Bitcoin than a less volatile market, without much change.
If your current thinking is that Bitcoin will grow strongly in the months and years to come, let's all think together and there are certainly quite a lot of people out there for Bitcoin.
Here, investors believe in the long-term value of Bitcoin. So when prices drop, they buy more. Although the market is very hard to guess, it means buy at the price lower (bid at the bottom) and as soon as the price is up. Strong discounts allow investors to spend more money to buy Bitcoin than a less volatile market, without much change.
If your current thinking is that Bitcoin will grow strongly in the months and years to come, let's all think together and there are certainly quite a lot of people out there for Bitcoin.
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