Bitcoin Price Plummets Means Fools Cant Go The Moon

Bitcoin Price Down Bad

Bitcoin Price

Once again the Bitcoin price is mentioned in the news again making people panic and run for the hills. As any investor will tell you don’t put in more than you can afford to lose and diversify your portfolio. I am not a financial advisor just like you are (not) going to the moon.

Bitcoin is one of the most popular cryptocurrencies in the world. It has been around for a while rising and falling like a roller coaster. With the 2022 inflation rate at 6 and or 7% sellers are looking to get out the market and get tangible resources fast. Anyone with eyes can see its a sell off and they need to empty their wallets.

With the controversy surrounding Bitcoin like countries banning cryptocurrency, cutting down on mining, and the Government sticking their hands in it. The Bitcoin price lower than a Hobbit on its knees. As of January 24 2022 the price is $33,740.07 that’s a lot of damage!

Notice the crypto influencer that preach about it are super quiet right now. Not even sharing what the “next” move is… Puerto Rico? Bitcoin isn’t the only one taking hits, cryptocurrencies such as Ethereum and Ripple are low as well. Even coworkers I associate with realize they need to take their money out if its any gains and avoid buying the dip. You can only buy the dip for so long before you are dipped into the streets.

Use Your Common Sense

Its seems as if everyone forgot that Bitcoin is a digital decentralized currency that is not backed by any country’s central bank or government. The mystery of Satoshi Nakamoto is the greatest mystery of all time Craig Wright claimed to be Satoshi and will face forgery claims. Unless you got in on the ground floor going to moon is out of reach for you. But on the bright side you could gets gains and buy a pizza.

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