That's true because even in a bullish market the market will occasionally experience price corrections. And those of us who already have experience in the market tend not to panic and instead make good use of the market situation. In contrast to beginners who easily panic and will even say that BTC will fall further again and again.

Corrections in a bull run will help the market to wash out leveraged people and more easily to climb up more.

The chart shows that corrections like -10% are very common even in a bullish market. Knowing about those corrections will help us to prepare our psychology and plan better and won't be panic as well as won't use leverages.

For short-term holders it is natural that they choose to exit when the market falls. But for hodlers there is no reason to get out when the market goes down. In fact, it is an opportunity for re-accumulation.

They are not short-term holders but short-term speculators and they don't have plan to hold bitcoins. Just buy and speculate it will rise within few days or weeks. They have no idea and plan to do when Bitcoin has corrections.

Some people are interested because of the fable that is being told to them by their friends, I remember one time I was with my friends on a guy's get together and there was this particular friend of mine that keep bragging of how he made thousands of dollars during the last bull run and at that time I wasn't really acquainted with the crypto space and it made me wonder how true and possible is this but unlike like most people I had the leverage to actually go make more research before ever getting myself involved in something I don't really understand.

The truth is it is very easy to get money, profit during a cryptocurrency market bull run. You can get profit with Bitcoin, Ethereum, top altcoins, hidden gems and even shit coins. It is a common story you will hear, like one you was told by your friend.

Another truth which is hidden and less likely told, is you will also easily lose all your profit and even initial capital when a bull run ends and you did not exit the market at a right time. By continue to hope that market will be different this time, shitcoins will continue to multiply their prices, you will bet more, don't stop your greed.

Eventually you lose all around the end of bull market and some early months of bear market.

Yes, but as I mentioned in the past, the bad side is that the definition of low fees will be 10-40 Sat/vb instead of 1-20 Sat/vb, which is something that may not end soon, so unless there are solutions for ORDI and SATS, this will be the normal range of fees.

They are reducing their on-chain transactions and adapting to latest changes of policies from Free Transaction Accelerator from ViaBTC. Nothing can ride up forever without corrections so if Ordinals have higher highs, they will come back with new waves of ride in price and surely in on-chain transactions.

The bull market is ahead and we can not exclude possibility that Ordinals BRC20 tokens will return with even more on-chain activities than months in 2023.

If you check the price of ORDI and SATS, you will noticed that their marketcap reduced. Not only this tokens but other BRC20 tokens marketcap reduces, also bitcoin included. In short, the rate of onchain transaction volume also reduced and this makes the mempool to become less congested has been the reason. We should expect another mempool congestion in the next bull run.

After rising from $6 to $92, $ORDI is corrected to $50 and it can be price range where it will bounce and continue to rally, make a new all time high. The chart shows it is logically to see its holding price around $50 but if after this correction, it won't go up too much, I expect to see $ORDI to fall more to $25.

Anyway, $25 or $50 as lowest price of $ORDI correction, I really believe this token will hype the market again. I am not shilling $ORDI and dislike BRC20 tokens, Inscriptions but in the market, we must be realistic with what we see.

Dogecoin is very old. it is a meme coin but it is not in list of hot meme coins currently dominating the market. and in my opinion Dogecoin has already passed it's prime era. I don't think dogecoin will break its all time high now because now it has so many competitors.
 so if you want to rid the roller coster of memecoin and try your luck to earn a lot of money then then you better look for other memecoins. new memecoins which are launched recently and are in buzz right now.
And for general investment, there is a lot other coins available better than dogecoin.

Dogecoin is an old altcoin and it is a meme coin too.

It is different than other meme cryptocurrencies which are meme tokens, not  meme coins. We must be clear between coins and tokens, meme coins and meme tokens.

Dogecoin is also a very good cryptocurrency for fund movement because first, it has a Proof of Work blockchain and second its blockchain is good. If you want to find Proof of Work cryptocurrencies for fund movement, Bitcoin is best and next are Dogecoin and Litecoin.

https://howmanyconfs.com/

Satoshi Nakamoto chose to remain anonymous for over a decade, he did not move BTC from his Genesis account anywhere to sell on CEX or via OTC even though BTC price increased millions of times. It was a wise choice or Satoshi Nakamoto could not have done it due to the loss of his private key(?). I don't think Satoshi Nakamoto will do something out of the ordinary and risk invalidating BTC's mission. At least he didn't suddenly appear with crypto community to share the joy when BTC Spot ETF was approved today 

Satoshi Nakamoto has many Bitcoin addresses and has many Bitcoin from mining in early days before and after a first peer to peer transaction from Satoshi Nakamoto to Hal Finney.

No need from Satoshi Nakamoto to move bitcoin from the Genesis address while he has many other addresses. Because the Genesis address is a most famous one and most noticeable address as well.

Hiding identity through a decade and now will leak it by the Genesis address and transactions in and out of that address. It's impossible activity to do by Satoshi Nakamoto.

Can sell bitcoins at non KYC exchanges too https://kycnot.me/?type=exchange but as said, I believe there will be no Out transaction from the Genesis address.

The price action immediately following the BTC Spot ETF news was not as positive as I expected. BTC fell from $49K to $41.5K, about -15%, a harsh truth even for the most optimistic people. Nevertheless, high volatility has become a feature of this market, especially in the few days around important news.

I wait for this week's and next week's CLOSE before thinking BTC will reach $38.5K or worse $32.5K. For now, let the “sell-the-news” people do their work.

Because people actually had strong belief that SEC. will approve Bitcoin Spot ETFs, which actually happened this week. With people who believed it, they already took advantage of uncertainty in the market to buy cheap bitcoins months ago. They already spent all capital for buying months ago and have no free capital to invest more.

With people who hesitated about Bitcoin Spot ETF approvals, some bought bitcoin with a hacked tweet from SEC and no longer have money to buy more now. Some will continue to doubt about Bitcoin future and they will need months or years to actually join the market.

With companies that won with Bitcoin Spot ETF applications, it takes them time to gradually buy bitcoin. They are smart enough to not spend massive capital to buy bitcoin on a single day and be a catalyst to pump Bitcoin price for other people to take profit.

I understand your point.
I can make the same point ($ is better than USDT) from another angle: $ is legal tender in the USA: US sellers are obligated to accept $ as a means of payment.
USDT is not legal tender, so sellers can refuse to be paid with it.

Legal tender is one of disadvantage of stable coins compares to fiat currencies.

How can a company guarantee the peg?
Backing their stablecoins 1:1 with what their stablecoins are pegged to.

Why are audits - regular audits made by an independent company - so important?
Because they guarantee that the stablecoins are backed, i.e. that the peg is not in danger to break down.

Some topics on Tether stable coin and audit reports.
Tether Excess Reserves Q2 2023
Independent auditor's report on the consolidated reserves report.
Stable coins: a deep dive into valuation and depegging.
Download it.
Independent Auditors' Report on the Consolidated Reserves Report (September 2023)
https://tether.to/en/transparency/#reports

Why do you think stability = US dollar?

I know about decreasing purchasing power of the US. dollar as well as other fiat currencies. Because they have have similar problem, inflationary and with inflation of their fiat currency supplies, purchasing powers of those fiats must drop with time.

Purchasing power of the US. dollar over time


I meant in my post, that if you have to choose between US. dollar and stable coins that peg their values to US. dollar, choosing US. dollar will be better.

Both US. dollar and stable coins are inflationary but only stable coins can lose their pegs. Like if you have 1 USDT, in theory it equals to 1 US. dollar but when USDT peg is lost, your 1 USDT can become 0.1 US dollar. Terrible.