Hello Steemains,
As you can see everywhere in the wallpaper and at the news, Bitcoin price has went down under $10k.
Well, I think that there are a lot of sad people who thought that this is their end. People who lose money are people who sell all the BTC they have once they see that it starts to go down. Those people don't always lose.
They can actually earn money this way!
By buying BTC when its price is high and selling it when it starts to go down you can earn some money. However, it is way more complicated compared to a long-time investment. This is what I did: I exchanged my STEEM to BTC just a few months ago when the Bitcoin price was $5000.
Now you should ask: Why didn't I sell everything I had when the price of BTC was $20k?
Well, the answer is pretty simple, I think. I believe that the Bitcoin has so much potential that it can cross the $20k and even reach $100k. It is just a matter of time, as people will start to exchange their real money to Bitcoin and will start to use it instead of the normal money we all know like USD, EURO, and more.
If you don't believe me look at the results: The Bitcoin's price is currently standing at $12k when yesterday it was $10k.
Don't lose your hope!
I am determined that the BTC price will climb back to the top and the Steem price as well.
What do you think? Share your thoughts below!
