$26k? Huh.

If it’s $16k tomorrow. Huh.

If it’s $6k the day after. Huh.

The only thing I might do is buy more.

Nothing in this market turn has implicated any of the fundamentals behind bitcoin. The folks who are selling fall into two buckets:

  1. They don’t understand the above, and are in a true, reactive panic. For zero good reason.
  2. Their BTC economics are tied to external factors.

If you’re a hodler, neither of this matters. 1BTC is still 1BTC, there’s no flood in the market, and short term supply bumps from sellers are just going to be absorbed eventually by buyers.

Be happy it costs less to acquire today than a week ago!

submitted by /u/ElGuano
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