With the situation I am seeing, it's bound to lose further value in the upcoming days/weeks. The whole economic situation isn't too promising, everything is going through recession, while Covid isn't helping at all. From my point of view, March may sound too optimistic, however, I also anticipate that the entire situation will have improved by then, providing that nothing unexpected appears, such as a new Covid-19 variant.
It's quite sad seeing our money depreciating, but hopefully it will get better soon.
In the newspaper or online media, we already see a new variant of Covid-19 such as Omicron or else (I forget the name) which still attack people in some countries. But hopefully, the impact will not be too big like the previous variant because we already get vaccinated and will get a booster to support our immune. So hopefully, that will not impact too much with the economy of many countries. We need to be optimistic that crypto can help us survive by making money.
The current conditions give us the opportunity to buy some bitcoins, and actually we expect bitcoins to drop even more, to make purchases, but I don't believe in the future bitcoin will fall too sharply at subpar prices, considering as I said before, In March bitcoin will reach its maximum price. Whatever happens, at least we can take big profits from this investment, otherwise, any condition will not affect our investment.
Yes, we already had that chance before and if we can buy bitcoin a few hours ago, we can sell it now and make a decent profit. It will help us make money and repeat the process to make more money. But we can also just invest by holding the bitcoin and not sell it in the short term if the price does not jump to the very highest price.
