BTC
📉 Bitcoin has fallen below $90,000, triggering investor concerns.
💡 The analyst suggests considering buying during the dip if one liked Bitcoin at higher prices.
⚠️ It’s advised to incrementally increase positions rather than making drastic moves.
🔄 Potential strategy: reduce holdings after a significant rise to capitalize on future dips.
@bernardodegarcia:
“Everyone loves when Bitcoin is at $100,000+, and we want to buy more. But when it falls below $90,000, we say, ‘Oh my God, I have to sell.’ If we think a little in reverse, we can make a lot of money. We should buy what is at 88. I am not anyone to tell you what to do with your money, remember that. But if we liked Bitcoin at $100,000, we have to love it at 88. I am not saying to bet the house, your mother, and your grandmother, but if we like Bitcoin long-term, take advantage of these drops to increase positions little by little. And maybe after seeing such a big rise, maybe we reduce to take advantage of an opportunity for when it falls again, because as we know, this is Bitcoin, this is the Far West, and sooner or later, it will end up falling. So, it will not surprise us, but in the long run, I hope it continues to rise.”
Watch the exact part of the video where Bernardo talks about Bitcoin here:
Watch the video on YouTube.
Read more articles by the world’s top 100 analysts on Bitcoin (BTC) at the following link. BTC stock.
