It depends, everyone wants BTC, some got rich and are taking their fortune and when BTC falls they take it and buy it and get rich again and so on.
cryptocoinplace
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Buying more when it drops may be a bad choice
What's the logic in buying more of something that many people no longer want? Maybe when people don't know how to give due value to what they're selling cheaply? Probably yes. Imagine that you lived in a community where everyone was blind except you. What good would it be for you to have a pot of gold in that community if other people could easily exchange gold for other metals without their knowledge? What are the chances that they would believe in gold as a store of value?
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