Seeing a lot of people commenting effectively saying Bitcoin is dead / it's game over. I've only been here about a year, but learning from OGs has taught me that this sort of loss of conviction from retail who haven't got a long term thesis after seeing the price drop is usually a great time to gobble up cheap coins
Does that mean CoinBase draws holders? Or only 16.6% are selling overall?
Take a deep breath, chill, and realize that we are still in a long term bull trend. Yes, this is a bad correction and it sucks but things turn around quickly in crypto. Last year we saw bitcoin 3x, then go down 50%, then 2x, then go down 50% to where we’re at now. If you don’t think BTC can hit $50k+ in 2022, then I highly suggest selling now. A lot of exciting things ahead, but you need to come to terms with the volatility or this isn’t for you.
Don’t listen to others telling you to buy, hold, or sell. Take a step back and think for yourself. Can you handle it going down more? Do you think it will be higher in 12 months from now? Do you believe that crypto is the future? All questions to ask yourself.
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