Bitcoin News
By Steven Anderson
1 / 14
For those who are worried about the Bitcoin (BTC) plunge. Real-time retail investors have their say about it:
2 / 14
Someone tweeted: Shoutout to me for taking a risk and finally investing in cryptocurrency just for the market to crash the next day. Bitcoin, Ethereum, and DogeCoin.
3 / 14
HODL. You only lose when you sell. Relax, and don't look at it for a few days. It will bounce back stronger! Just unlucky timing. Some would say it's the perfect time to buy.
4 / 14
Pointing to the Elon Musk tweet, someone said: "Anyone who thinks this was anything short of market manipulation needs to get their head out of the sand.
5 / 14
Real-time retail investors say never sell the dip.
6 / 14
BTC has gone up many times, and down many times; now, all the discussion is streamlined to the Elon thing.
7 / 14
Worth Noting, Nic Carter pointed to a nydig.com publication that read: “Our findings suggest that 46MM+ Americans Own Bitcoin today.
8 / 14
Blockchain-capital previously reported that Bitcoin is still a mega demographic trend.
9 / 14
Talking about the 46m people: “46m people who are fed up with business as usual, forward-looking, and optimistic about the future.
10 / 14
Critics say: More adoption = more likelihood of the ban hammer. Probably towards the end of this cycle or the next cycle. Not really expecting it to survive this decade.
11 / 14
Many bet that a large percentage of politicians own it. And, they’re not going to cut their noses off by banning crypto!
12 / 14
For those who believe these numbers? There is no detail how they got to these numbers. Seem more like marketing material to sell their new product to regional banks.
13 / 14
Also, crypto marketers use a shoddy survey that suggests 46m Americans have bitcoin, as a marketing scheme to convince 46m Americans to buy Bitcoin.
14 / 14
Whatever! For those who are shocked by the BTC plunge, this is the sample of the kind of contradicting information you need to work your head through forever in the crypto world.
The Currency Analytics
Want the full story?