Oh No! Bitcoin Price $4834!!!!!! Not the end of the world... a great opportunity
Hi all! I came home to find that the price of Bitcoin had plummeted overnight! I was extremely excited as soon as I saw this because I realized that this was the perfect time for me to buy some Bitcoin. I've been wanting to for awhile but the price has been so high.
I wanted to make a video to put your mind at ease if you have Bitcoin holdings (because it will go up again almost certainly) and to point out that this is an opportunity to buy, and not the end of the world.
I am not a financial adviser and this is not financial advice. But I want to point out that a lot of people lose money in stocks because they buy high and then panic when the price falls and they sell at lower than they bought for, thus losing money. I recognize that the same can happen for cryptocurrency. Traditionally it's considered best practice to buy low and sell high, and not the other way around. That's why I'm buying when the price dropped drastically and not when it's at $10,000.
Here are the pertinent links for the sites that I used:
Cryptocurrency Market Capitalizations: https://coinmarketcap.com
A site that lists cryptocurrency faucet sites
CryptoCompany: https://www.cryptocompare.com/
Another site that lists cryptocurrency prices
Thanks for watching. Please like, comment, subscribe, and turn on post notifications.
((P.S. I am not a financial adviser and this is not financial advice.))
Видео Oh No! Bitcoin Price $4834!!!!!! Not the end of the world... a great opportunity канала NewToCryptocurrency
I wanted to make a video to put your mind at ease if you have Bitcoin holdings (because it will go up again almost certainly) and to point out that this is an opportunity to buy, and not the end of the world.
I am not a financial adviser and this is not financial advice. But I want to point out that a lot of people lose money in stocks because they buy high and then panic when the price falls and they sell at lower than they bought for, thus losing money. I recognize that the same can happen for cryptocurrency. Traditionally it's considered best practice to buy low and sell high, and not the other way around. That's why I'm buying when the price dropped drastically and not when it's at $10,000.
Here are the pertinent links for the sites that I used:
Cryptocurrency Market Capitalizations: https://coinmarketcap.com
A site that lists cryptocurrency faucet sites
CryptoCompany: https://www.cryptocompare.com/
Another site that lists cryptocurrency prices
Thanks for watching. Please like, comment, subscribe, and turn on post notifications.
((P.S. I am not a financial adviser and this is not financial advice.))
Видео Oh No! Bitcoin Price $4834!!!!!! Not the end of the world... a great opportunity канала NewToCryptocurrency
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