The Bitcoin nose dive from 19,000 to 6,800 have many people talking, some talking trash, some talking nonsense, and some speaking about an opportunity of a life time. The opportunists trader vows to make this down trend of Bitcoin his chance of a life time, while other less instinctive investors continue to sell their holdings of the mighty Bitcoin at a loss.
Why would any wise investor sell his/her Bitcoin holdings at a loss.
Bitcoin should be perceived as a buy and hold investment with money an investor can afford to lose. So, why is there panic in the streets? There shouldn't be. Bitcoin is very volatile and so are other cryptocurrencies. Therefore, if an investor cannot stomach huge volatility, they should stay away from the cryptocurrency market because if they invest in this market with a weak stomach, they will give their money away to those investors with strong stomachs for extreme volatility.
The Bitcoin and cryptocurrency meltdown or crash is a great opportunity to get these cryptocoins at a discount. What better way to get rich on cryptocurrency, but to get them at discount prices?
The volchors show up when there are tainted meet in the streets, ready to partake in a tasty bite. In this case, the tasty meat in the Bitcoin street are investors with week stomach for Bitcoin and cryptocurrency volatility.
Now is the time to make hay, man; not the time for fear a worry! Get rich with Bitcoin and other cryptocurrencies while the price is low. This is a busting bubble with riches flowing out into the streets. Take part in the festivity, so you can get rich.
Here is a video from Bitcoin.org, just in case you didn't know what Bitcoin was via youtube:
Please post your comments below.