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Bitcoin at $20K – A Nightmare for Speculators, a Dream for Bitcoiners. More and more Bitcoiners are taking advantage of the Bear Market to achieve their goals of owning at least 1 BTC through their DCA strategy.

Bitcoin at $20K – A Nightmare for Speculators, a Dream for Bitcoiners. More and more Bitcoiners are taking advantage of the Bear Market to achieve their goals of owning at least 1 BTC through their DCA strategy.



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8 Comments

  1. tldr; Bitcoin’s price has stabilized around $20K for about 10 days now. Bitcoiners see this price as a great thing for their future because they have fundamental confidence in the Bitcoin revolution. With Bitcoin at $20k, Bitcoiners can accumulate more BTC at a discount when you think about ATH at $69K in November 2021.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  2. This always happens. The people who won’t sell at any price always buy the bottoms. Then the price goes to infinity for a while.

    The real news is that the number of people who won’t sell at any price is growing and their percentage ownership of the BTC supply is growing.

    Just think about the price of Bitcoin when the “never sell at any price” crowd owns over 90% of the supply.

  3. Last cycle the price dropped from about R20k to R8k and stabilized for a like a year. Then some dude wrote a hissy fit about why the mkt didn’t drop. It capitulated to around R3k. Then the road to R60k began.

    Let’s get the hissy fit guy in sooner than a year 🤣

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