【The last drop! Selling pressure before October in Mentougou】
As the selling pressure of Bitcoin in Mentougou (Mt.Gox) approaches, the market seems to be shrouded in a haze. But every storm is the prelude to new opportunities! 🌟
Under the negative, we should see its positive side: 🌈
Market resilience: History has proved that the crypto market has a strong self-healing ability. Although the Mentougou incident brought short-term fluctuations, in the long run, the market will absorb this selling pressure and show its resilience.
Value revaluation opportunity: The price drop caused by selling pressure is actually an opportunity for value revaluation. For investors who are optimistic about the potential of cryptocurrencies in the long term, this is a rare opportunity for layout.
Reshaping of market confidence: After experiencing the storm, the market will be more mature and stable. Investors will pay more attention to the security and compliance of exchanges, choose reputable platforms, and jointly promote the industry forward.
It should be noted that although the Bitcoin selling in Mentougou may bring certain market pressure, the actual selling pressure may be lower than market expectations. On the one hand, most creditors are long-term holders and tend to hold coins for a long time; on the other hand, since the bankruptcy, the price of Bitcoin has risen sharply, and creditors can obtain significant capital gains even if they only receive partial compensation, which reduces the motivation to sell.
Summary: Brothers who are long should still be optimistic about their total position ratio, not more than 10%, and spring will come after they survive.