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Cryptocurrencies

“Bitcoin Price Drops Below $30K for the First Time Since January”

“Bitcoin dipped below the long-held support at $30,000 on Tuesday, hitting the lowest level since Jan. 28. The cryptocurrency traded at $29,700 shortly before press time, bringing the year-to-date gain down to just 3%, according to CoinDesk 20 data. The drop comes a day after the People’s Bank of China ordered the country’s major financial institutions to stop facilitating crypto transactions and signals an end of the four-week-long consolidation between $30,000 and $40,000…”

https://finance.yahoo.com/news/bitcoin-price-drops-below-30k-123039802.html

I don’t own any bitcoin but I think if you sell it you’re crazy. Do not panic sell. It doesn’t matter if it goes down to a dollar. In the contrary you should buy more of it.

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