What should we do during this turbulent period? 🧐

When the market increases, everyone wants to adjust a little to collect more goods. But when it's time to reduce it to the level I USED to want, I feel a bit hesitant and don't want to collect it because I've lost confidence, because I'm afraid I'll dump even more, because...

So how has Bitcoin been?

⚫️2014: MT. Gox was hacked -> BTC dumped strongly from $1k to $300.

⚫️2018: China bans BTC mining, US and Europe tighten crypto regulations -> BTC dumps from $14k to $3.8k.

⚫️March 2020: Covid-19 news -> BTC almost split in half from $9k$ to more than $4k.

⚫️May 2021: Continuing news that China bans miners and bans organizations and payment platforms from using crypto-> BTC falls from ~$60k to bottom of $30k.

⚫️2021-2022: Russia - Ukraine war events, Luna collapse, 3AC and FTX bankruptcy -> BTC drops from peak $69k to $15.5k.

It can be seen that in history, there have been many waves that caused the price of Bitcoin to drop sharply. The storm has passed, the market continues its growth cycle. The proof is that BTC has also recovered strongly from the $18k mark in 2022 to reach a peak of $73.7k today.

This is also the first time BTC has had such a strong adjustment after halving, because of great selling pressure from the MtGox case and a series of government FUD dumps.

For those who have faith in the market and believe in a boom cycle next year, this is clearly an opportunity (to collect cheaper goods). Otherwise, you will still feel worried, then miss out and leave again.

So for those of you who have struggled through the recent downtrend period, this is the time for us to calm down and observe more, not rush to panic and follow the crowd and then fall out of stock without being able to catch it.

Gem Hunting