Bitcoin dump is a gift and one best opportunity to earn more cryptos nowadays
Times had changed in a positive way for almost all cryptocurrencies as they are benefiting from the upsurge to unimaginable greater heights which started because of the relative uptick of the demand due to the main cause which is the Bitcoin ETF as almost all of us knows. As I have learned lately, there are so much demand for BTC that it is out-numbering the total minted BTC in a daily basis. Hundreds of millions of dollars worth of Bitcoin is being purchased everyday except maybe during the weekends where purchasing is paused by the ETFs but regardless, the buying continues and it will not stop for years to come. What is the good news is that some big investor is saying that due to BTCs fundamentals, the current price of BTC might reach about four million dollars or more from its current price fifteen years from now. What I like about these changes about the price of Bitcoin is that it will just continue to go up and up without much bear season or lack of it but just dips like we are seeing now.
With regards to this recent dip, it is a very good thing to happen and must not cause people to panic, worry, and doubt BTC because of what I had already iterated above. These dips would just reverse in no time like what we saw in the past few weeks. So no matter the sell-off is intensely pulling the price back, we have to see it in a very positive perspective because it does present us these opportunities to buy back either cheaper Bitcoins or Altcoins which would dip in a much magnitude in prices. What we have to do of course is to buy-in to the dips simply because the power of the pull-up by Bitcoin is so strong because again, the demand caused by ETFs. We have to look at was the pattern made by Bitcoin in the charts, every relative milestone is met with dips but it is always reversing back-up. In my opinion, this pattern will continue for as long as BTC is heading straight beyond the moon, all sellers or bears will just be conquered by the big ETFs which is always hungry for Bitcoin with no limit of being satiated.
We must consider the fact that these ETFs, well in my opinion, is trying to lure large entities like nations, money managers, fund holders, and all the bigger entities which hold billions if not hundreds of millions worth of funds to buy BTC through ETF so they can of course profit more and become bigger themselves and with a good reason, a noble reason that is, which is to protect wealth from such things as inflation which will just become worse and worse because the FED is not stopping to print the dollar. In a way the BTC ETF is kind of a hero for humanity because they are causing other people especially the early adopters like you and me as we see our portfolios increase and bloom like a flower (more than flowering) and even newer people simply because if they would convert their saved money to Bitcoin, their money will not lose value but instead earn more value in a relatively short amount of time. in conclusion Bitcoins price movement in either a short way down (The dip) or rallying-up, both gives us the best opportunity to earn "extra" with our crypto holdings and I personally hope that this will go on without stopping.
