What happens now with this Bitcoin ?

[Suma Islam]

At the present time, the price of Bitcoin has come down a lot. There is no point in buying Bitcoin at this time. The ideal time to buy Bitcoin is when the Bitcoin market is in good shape.Those who work with the cryptocurrency market always know when the price of bitcoin will rise. Bitcoin prices are set based on bitcoin buying and selling. When a large bitcoin buyer arrives, the price of bitcoin tends to skyrocket. This is something we've seen before when the world's richest people started doing it.

[CryptoStar19]

At the present time, the price of Bitcoin has come down a lot. There is no point in buying Bitcoin at this time. The ideal time to buy Bitcoin is when the Bitcoin market is in good shape.Those who work with the cryptocurrency market always know when the price of bitcoin will rise. Bitcoin prices are set based on bitcoin buying and selling. When a large bitcoin buyer arrives, the price of bitcoin tends to skyrocket. This is something we've seen before when the world's richest people started doing it.

This is not true. The best time to buy bitcoin is when the market sentiment is down, when prices are low, when the general feel of the market is bearish... when nobody wants to be buying. On the other hand, when everything is bullish, prices are rising rapidly, and the market sentiment is high, in other words when everyone is buying expecting prices to 'go to the moon' --that might be a good time to be selling / taking profits.

There is a bitcoin "fear and greed index" on the internet that is a measure of crypto market sentiment... historically when that index has been at "fear" or "extreme fear" --these have been the best times to buy and when that index is at "greed" or "extreme greed", those are good times to sell.

This is a general principle...

[Anonylz]

Check the big telegram channel that I shared, most of them also feel afraid to hold crypto and save more Fiat.
See the total marketcap at CMC getting down from +$2,000,000,000 USD to $1,484,672,123.004 USD.
Look at the Bitcoin chart with a 1D or 1W time frame, decreasing slowly.

I don't want to share FUD, but we can learn from before since 2013 for Bitcoin prices that always go down after the Bitcoin Halving and I've been keeping my FIAT since January 2021.

This means you missed out on the Bull run from then till May or so, if you have any form of doubt in Bitcoin or cryptocurrency in general you don't have to continue to be round, I guess people are free to dump their bags and leave the space.
Cryptocurrency market caps drop every now and then, especially when there's a market dip like this and that is not an indication that the crypto market is dying. Nothing wrong with saving fiat, most traders sell to Fait in a situation where it is available or stable coins sometimes too and this has been the practice for some time now, nothing harmful there. I believe you should really look at the wider crypto market and notice that Bitcoin and some other crypto are still Bullish in the wider market perspective.

[mlawson71]

Hahaha, that meme. It's always hilarious to see it, thank you for that.

[Phython]

What will happen to this bitcoin now? Those who say this are blabbering on because the price of bitcoin has come down a lot lately because there are no good buyers in the market. Bitcoin prices have started to fall due to the absence of buyers.In my opinion the price of bitcoin will rise very soon.

[hasyurt]

If you don't need money soon, it makes sense to store bitcoin for the long term. Just like the field, you have to wait for the long term. because bitcoin may eventually hit $1 million. Maybe in 5-10 years, what I said can come true. It may not make sense to invest in altcoins for a long time in crypto, but bitcoin is a long-term coin.