Christiane Vickers Tue May 25 2021 at 9:54 pm Bitcoin crashed more than 50%, what's next?
The bitcoin price, after nudging $65,000 per bitcoin in April, dropped to just under $30,000 this week before rebounding slightly.
If you have been considering to buy bitcoins but found it too expensive, your chance to buy bitcoin at 50% off is here!
The SEC in the US classifies Bitcoin as a digital asset and Bitcoin is here to stay. If you fear Bitcoin's price going down, please take a look at Bitcoin's chart over the last 10 years, each time it crashes 50%, it has always gone on to make new all time high!
And Bitcoin is not the only cryptocurrency on discount! Most cryptos are down in prices too!
If you want profits, we buy when prices are low and sell when prices are high!
Sure, cryptos might drop a little more from current prices, and if you are new, you can buying a little cryptocurrency over a few days or weeks by using the dollar cost averaging method.
For example, instead of buying $1000 worth of cryptocurrencies in a single day, buy $100 per day over 10 days. In this way you can get a good average price.
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