This is my first post in a long time, I lost my other BCT.org account and had to make a new one. I sold a few ASICS from BITSHIT (you know the company) after they screwed the mining market and havent touched my wallets in a long time. I recently checked Binance for the first time in two years, and see that Bitcoin is around 9K. Now it's down to 7. I am not here to FUD, I am here to beg the question: If Bitcoin never goes past 10KUSD again, and rallies up and down between 5-10K, what is the best course of action? Knowing (believing) the circumstances of never getting a moon mission again,
First, I really don't feel appropriate to respond this threads, because I'm not someone who has enough experience with the bitcoin or cryptocurrency market. But I just want to share my views.
Well .. right today Bitcoin is at number 7 thousand, Bitcoin has decreased prices, but that does not mean it will not return to touch the number 10 thousand or more, as I see here, people say that this is a "cycle". and i think that's right! it is proven based on a bitcoin price chart from year to year.
what is firstly the community reaction?
After observing the various bitcoin community conversations here, I see that the majority of the bitcoin community does not overreact when the price graph drops. Some even consider this is the right moment to buy and save BItcoin.
Second, will this affect Cryptocurrency adoption? Will this hinder or accelerate Crypto?
Sorry if this seems like such a silly hypothetical, but if it remains consist for the next 5-20 years then it is important to take into account Bitcoin and subsequently other Cryptos will never rally to the moon again like back in 2017 anytime soon. What is the best course of action to take here?
And I don't have an opinion on this question, it's still beyond my knowledge.
Show Posts
