Discussion about this post

User's avatar
Bahadır's avatar

When I think about supply, this situation always comes to mind. A currency with a supply of 21 million and 8 billion people.

In the future, when the bitcoin revolution becomes the center of the financial system, even if you have 1 bitcoin, you will be among the chosen people of the world.

Therefore, the price may increase or be high at the moment, but the important thing is your btc amount. You can buy piecemeal in drops.

And I think one of those times just happened, it hit 44k levels. At such times, small additions can be made.

The article was exactly the translator of my thoughts, thank you Sylvain.

Expand full comment
Taha Birşen's avatar

I don't know the reason for the BTC drop today, but it is very clear that it was done on purpose. 24 billion dollars of money was lost in leveraged transactions, if you opened a long position for BTC, get well soon.

I've heard a few rumors. It is said that this is the case because too many leveraged transactions are opened, but I do not understand the logic of why?

Anyway, don't bother, we've already gotten used to the declines this past year, and there's something we learned very well this year. When the market falls, you have to buy coins at low prices, of course, you have to keep some USDT in your hand. It's good to have some usdt on hand for deals like this.

Frankly, this drop did not worry me at all because slyvain mentioned in his previous articles that September was not good for btc.

I'm sure there were people who panicked because of this drop, but if you know the true purpose of btc, you shouldn't panic.

remember that btc is not just an investment tool and we are already used to these decreases.

Expand full comment
7 more comments...

No posts