Let’s add some positivity to your feed.
While the majority suffers from bitcoin falling below $25,000, professional investors (97% of respondents) said they expect the market to grow 3 times by the end of the year. These data are provided in the PricewaterhouseCoopers study.
So, 42% of crypto hedge fund managers named the most likely price of bitcoin in the range from $50,000 to $75,000.
By the way, I remember well the hype of 2017, when people bought a cue ball for $20,000. And now the question is, how do those who later did not sell it for $3,500 or $4,500 feel, but waited for $60,000 and more?
If you don’t invest the latter, you won’t panic today. We wait, we buy more, we think soberly, we diversify.