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RE: Bitcoin (BTC) Evening Update: Sideways Price Action Could Look Like This
Thats why corrections exist, people lose patience and start selling. Too many will miss the next bull run.
Thats why corrections exist, people lose patience and start selling. Too many will miss the next bull run.
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Unfortunately you are right
Many people deposit their savings in search of a quick profit. Some life savings
Those are the ones that are selling now and losing a percentage of their savings, while the big investors, those who pump and dump with news, those are buying because they know that the bitcoin will go up.
Eventually..... some can afford to wait..
Mmmmm, if a lot of people miss the next bull run, how can there be a bull run? Both are related with each other!
I guess because the giants know when to buy low and when they do, they go hard and buy for way bigger amounts than these poor folks are selling for.
Thus contributing to a rise