Are you stuck? When to buy the dip? The opportunity has arrived!
Is it a good time to buy the dip? The U.S. Department of Justice wants to sell $6.5 billion in Bitcoin, causing market turbulence.
Friends, recently the U.S. Department of Justice dropped a big bombshell, saying they want to sell $6.5 billion in Bitcoin seized from the illegal dark web market 'Silk Road'! As soon as this news came out, $BTC and $ETH markets immediately panicked, and prices plummeted, making everyone anxious.
This 'Silk Road' is not the ancient trade route of silk, but a black market hidden in the dark web, specifically for illegal trades, using cryptocurrency. Later, it was investigated, the owner went to prison, and the Bitcoin was confiscated by the government.
Now the government plans to cash in on these Bitcoins, and as soon as the market heard, it exploded. Just think, if so much Bitcoin floods in at once, how could the prices not crash?
But on the flip side, times like this might just be a good time to buy the dip. BTC has always been about ups and downs, that's just its nature. Although it has dropped now, who can say it won't soar sky-high in a while?
Although this news caused some market turbulence, looking at it from another angle, it might just be a good opportunity to pick up bargains. However, buying the dip is not easy; you need a strong heart to find gold amidst the storm. If you're feeling uncertain, feel free to chat with me, and we can discuss the market direction together.
