These dips are a chance to get BTC to unprecedented levels and more importantly take power away from the governments and large corporations and put it back into your own hands.
This is a cal to arms, so to speak, regarding the current price levels and an opportunity for EVERYBODY to stand up to what they believe from the very inception of this digital asset. The price of Bitcoin may be falling, and everybody may be crying foul or manipulation, but the truth of the matter is you have to take a look at the motives for each interested group:
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Governments want Bitcoin to fail because they do not wish to have the value of the gold they hold to be devalued in light of a new asset class like Bitcoin. They also do not want their fiat currency to suffer from inflation or lose value because of Bitcoin. So they will try everything in their best interests to suppress the price and manipulate it.
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Many people have been preaching that institutional money is coming in. If institutional money is coming in, realize that they’re not just looking for their self interests in acquiring as much BTC as possible by suppressing the price and buying at low prices. Be weary - many of these large corporations are linked heavily to governments and it wouldn’t be surprising that they have a larger stake or interest from the government than their gain from the Bitcoin protocol. This holds particularly true for companies like Alibaba (with WeChat pay for the entire country of China), and other totalitarian governments more so than utilitarian or free market governments. Don’t let these corporations cajole you into selling your BTC or lose your faith in Bitcoin.
With the governments on the brink of economic disaster due to the negative interest rates rising around the entire world, an asset class needs to be provided for the people who choose to opt out of this economic mess. That has no borders, no limits, and has no restrictions. It’s time to buy some more Bitcoin.
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