The following picture has been floating around, and some people are trying to claim this is the worst correction ever and therefore the end of Bitcoin. News flash: That is not the lesson to learn from this. Scroll down to see what lesson we think needs to be learned by studying these Bitcoin corrections.
What lesson do we think needs to be learned?
The low of every Bitcoin correction is higher than the low of all previous corrections.
Yes, there is a lot of volatility in the market.
So what? Make money on the rise as well as the fall, but don’t panic when corrections happen, because over time, the lows get steadily higher.
While we do not give investment advice, personally we continue to buy the dip!