CandleFocus Bought Bitcoin at $108,000? Don't Panic
2024-12-20
Author: Content Editor
The price of Bitcoin has fallen over 10% from its all-time high, causing critics to claim victory, despite it still being valued at nearly $100,000. However, the author believes that this dip is only temporary and that Bitcoin will continue to rise based on historical trends. They advise new investors not to panic and to focus on learning about Bitcoin's fundamentals rather than being concerned with daily price fluctuations. The author sees volatility as a positive aspect of Bitcoin, as it creates opportunities for new investors to buy at lower prices. The trajectory of Bitcoin is either complete failure or success, and the author believes that it has proven itself to not fail. Therefore, they recommend stacking more Bitcoin during downturns.
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