Hi everyone!
As we all did, I woke up this morning with the price of Bitcoin going down more than 20% and dropping more than $10k! This is what we were all expecting to happen, and it's indeed happening... The sharpest drop in BTC history, in like 12 hours. All newcomers who have been buying recently must be in panic mode, but now is not the time to sell because you're scared of losing all of your invested money, now is the time to hold, and possibly even buy more if you can afford it!
This drop is scary for new investors, but it only means one thing for long term players: sales.
Bitcoin bounced back up at $30k, as had been predicted by some, and is on its way back up now, so it seems like a great opportunity to get some more satoshis in our wallets before it goes back all the way up as fast as it fell down.
I am no investment expert, nor should this be considered investment advice, this is just my personal view on the matter. A while ago, I would've panicked. Today, I feel good about this drop, as my investment is meant to be a long term thing, and I truly believe that Bitcoin will keep going up in the years to come, reaching new heights that we dare barely dream of today.
Anyway, that's it for today, be safe in your investments and make sure to follow your investment strategies and not advance blindly on the markets.
Good luck everyone!
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