Bitcoin Dipping made many feel like Big market players are fishing for small traders who are looking to stop loss. If is very clear that Bitcoin is taking a dip and collecting people’s leverages.

Bitcoin crashed and this left several hundreds of billions walking out of the crypto market. All of this happened in just a few minutes. The flash crash happened very quickly after it touched at an all-time high.

While all these fluctuations are happening in the market, Michael Saylor expressed: “I do not think that there is any other quality so essential to the success of any kind as the quality of perseverance. It overcomes almost everything, even nature.”

In response to US regulators exploring how banks could hold crypto assets, Michael Saylor stated, “When large U.S. banks are able to hold Bitcoin on their balance sheets, everyone will want to buy it, no one will need to sell it, and you won’t be able to afford it.”

Further stated, a person should not be required to speculate on central bank policy, boardroom politics, competitive dynamics, technology trends, regulatory interference, congressional politics, labour relations, litigation, and nation state conflicts just to preserve their life savings.

Community Response:  Imagine panic selling and not panic buying. Did you get liquidated mike?

Facts a few months ago, when it dropped from 60k to 30k in a couple days and I lost a lot of money, I was in hype and “Dollar Cost Averaged” more knowing it would be back.

If a 5-10% dip scares you, you’re in the wrong game. Actually, not so funny, but it’s the sheer truth. It’s market manipulation because of expiring options. Follow the whales, if you wish to prevail.

I think no matter what kind of investment it is, if the safety of the funds is not guaranteed, the risk is greater than the return, and the funds are pledged, I will not invest.

I feel sorry for liquidated folks.  Some people asked Dan to not HODL. But Dan Held. Be like Dan.

Adaptation is more important. Perseverance doesn’t necessarily account for the ability to change.

Sir Saylor, decentralization will free the mankind from the agendas of corrupt middle-players. Blockchain is the biggest invention so far in the history of mankind, bigger than the internet.

A person should not be required to speculate on the impact of halvings and the necessity for a developing fee market either. But how else would the well-connected confiscate the wealth of the masses?

Everyone should have the right to keep their purchasing power without venturing into stock market, crypto, other assets. Fiat fails this. People should be able to save without “investing”. This was possible before 1971, but has been missing until BTC.