Another dip in the crypto world...buying oppurtunity
Bitcoin dropped below 10K and possibly because
- SEC announcing that all crypto exchanges should register with an agency
- Amidst Binance possible hack
- Bitcoin whale selling 40M worth stock
Most importantly the tax laws for crypto trading and an economic crash looming.....
So, while it is a highly unpredictive is worth buy some crypto in discount and increasing your portfolio...
While i am still trying to be positive, i am skeptical if the crypto will ever reach the last high we saw in early Jan.
Anyways, HODL
I sold my BTC a couple weeks ago at 11,733 just before the last sizable dip. I'm holding in USD until signs of a bullish trend comes back
good move. I believe the bear market in the last 2 months is more profitable for those who do day trading or short term trading (buying the drips and selling the highs) than for those who HODL...for long term gains.