High Fear = Buy

After the violent decline of Bitcoin in the recent period, it seems that it is time for you to buy more, and although this talk does not make sense for some, but let me explain to you some of the reasons that may push you to do this.

In the beginning, let's take a look at the market at the present time, which has fallen significantly and is still suffering from those effects of the decline, as the price of Bitcoin is currently reaching 48,000 dollars, while Ethereum is still struggling above 4 thousand dollars at 4,024 dollars, and Solana fell again today by 5% to reach To $ 169, despite the optimism that occurred, Terra also fell by 10% to reach the price of $ 63.

On the other hand, minor currencies that rose today such as Gala, EOS and NEXO, except that most of the Altcoins fell, which pushed BTC Dominance up by 0.9%.

Fear the time to buy

There is a lot of talk about that, and that the time to buy is when everyone is afraid and starts selling, so you buy from them, but no one is convinced of that, but they are affected by the words of the attackers who say bubble and get out of the market quickly and run away with your money and things like that.

Indeed, the fear index has reached its highest score at 16 in its latest update today, according to alternative.me, but despite that, there are many reasons to buy, some of which I will mention to you.

The decline of Bitcoin in 2018, when it fell from 19 thousand dollars to 3000 dollars, was the best evidence that every drop is only an opportunity to buy, because in the long run, the Bitcoin returns to silence everyone’s tongues.

The concept of Hodl is to keep your money for as long as possible, and your hands are not trembling when falling, and accelerated to sell with a loss or even a simple gain.

The scarcity of Bitcoin controls and over time, the price will rise tremendously because the demand for it will increase. Every day more Bitcoin is being mined and thus its scarcity increases.

When the price reaches 100 thousand dollars, you will regret that opportunity that you missed to win 100% of your capital, and when the demand for it increases, you will find that you have missed a wonderful opportunity.