For the last 12 hours, my inbox has been flooded with questions as to why bitcoin price is going down. Indeed, if you are new to this game, I see why you may panic, for a coin that was about 20,000 to dip below $15,000, and I could predict that it might dip a little more into the new year. Let me give some perspective.
This is very normal. This is the volatility we talk about! Similar to what happens in stocks, bonds etc. If you are in this for a long haul, you have nothing to worry about. It will bounce back! You have to observe the trends! You have to see where bitcoin has come from, since 2009, you have to believe in the blockchain technology!
And why especially around this season? Well, you guessed it! With the holiday season, many are racing left , right and center, spending money here and there... so really, it is no brainer that most would cash out their bitcoin and of course, most people do not have enough to spare and invest this season.
What you should do: If you have any money left, buy the dip! Buy bitcoin. This is "bitcoin Christmas sale!". Enjoy it. It won't last for long. Think smart! You see, some people just let that bitcoin sit in their wallets... why do that when you can earn more money! With these bitcoin multiplying companies, you are shielded from such fluctuations... because no matter what, your bitcoin is multiplying. So think smart. Hold some in your wallet if you so please..... but explore.
Are we TOGETHER!!!
credits
Annette Tush
