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[Josemendez]

Cynthia Lummis has been a strong political supporter of bitcoin ,and on Wednesday 23 June during an interview with Fox news said that she is happy to buy the bitcoin dip. She went further to express that she will buy more if the dip continues.

This is very motivating to many cryptocurrency investors as this is coming out from a woman who recently adopted bitcoin investment.

 

[LutherKing]

And he is a political person , I do not support political persons , they are always manipulating things for their own , and there is nothing in it for others its foul game

 

[Josemendez]

And he is a political person , I do not support political persons , they are always manipulating things for their own , and there is nothing in it for others its foul game

I don't think this is the case here. She is actually going to have any control on bitcoin but can be able to get it to her state . She is promoting it for investors

 

[LutherKing]

Well you can take and have the current progress in front of you , what happened with those tweets about btc , about doge it crashed all markets more big fishes in , more and more losses for individuals and nothing in the end

 

[Wisdom01]

Good for her , I hopes it doesn't dip further and investors would have more eagerness to invest on a large scale , because that will raise up investors confidence

 

[Josemendez]

Good for her , I hopes it doesn't dip further and investors would have more eagerness to invest on a large scale , because that will raise up investors confidence

Currently people in the cryptocurrency world are resting and praying for the green days . The dip has been very discouraging .

 

[LutherKing]

Well only prays do not make you a living , you have to work for that and that too with passion in this world of competition and era of such unusualness

 

[Wisdom01]

Currently people in the cryptocurrency world are resting and praying for the green days . The dip has been very discouraging .

The green days would come the only problem should be passing and breaking resistance level,because if it reaches $47k am sure there would be massive buy , because some people like investing in the bullish run

 

[Josemendez]

The green days would come the only problem should be passing and breaking resistance level,because if it reaches $47k am sure there would be massive buy , because some people like investing in the bullish run

It needs to cross the $40k price value first. I believe at $50k , it is going to be a straight up rise because the bullish run will be fueled by more buys

 

[Wisdom01]

It needs to cross the $40k price value first. I believe at $50k , it is going to be a straight up rise because the bullish run will be fueled by more buys

Exactly if you notice many people usually buy at the bullish trend,some people don't like waiting for the dip to buy because of the fear that it might dip further

 

[Josemendez]

Exactly if you notice many people usually buy at the bullish trend,some people don't like waiting for the dip to buy because of the fear that it might dip further

Well , buying during the bullish run means the person is going to do short term trading because waiting long will the price start to dip.

 

[Wisdom01]

Well , buying during the bullish run means the person is going to do short term trading because waiting long will the price start to dip.

Most people usually buy in bullish run if they are sure of the coin and where its heading to , because some trash coin I cant invest in the bullish since am not sure on where its heading to

 

[Josemendez]

Most people usually buy in bullish run if they are sure of the coin and where its heading to , because some trash coin I cant invest in the bullish since am not sure on where its heading to

Exactly. It is only top coin like bitcoin and Ethereum can I be able to buy during their rising period. Other altcoins is better bought during the dip as their rise do not last long

 

[Wisdom01]

Exactly. It is only top coin like bitcoin and Ethereum can I be able to buy during their rising period. Other altcoins is better bought during the dip as their rise do not last long

Especially pump and dump coin , after it have been pumped for some time the rate at which it will fall would be massive and investors who are holding would quickly sell because the coin movement is uncertain

 

[Niftyicon]

And he is a political person , I do not support political persons , they are always manipulating things for their own , and there is nothing in it for others its foul game

Well, I wouldn't trust politicians too because of their barefaced lies. However, when it comes to bitcoin, it may be that she does really see the prospects of the coin coupled with the fact that she shared an opinion had by many before.

 

[Razor1911]

It is another good news coming from the US. But their governments is not tend to support crypto coins yet, but how come such government officials are commenting in support of Bitcoin.

 

[LutherKing]

Well , the price will actually increase when it gets the legal status in the country , and I'm sure they will try every possibility to not allow that tbh

 

[Razor1911]

Well , the price will actually increase when it gets the legal status in the country , and I'm sure they will try every possibility to not allow that tbh

Actually, the news has been digested already by the investors and the traders. So even if you are thinking that after full implementation of the laws, the price of Bitcoin will increase then you are in wrong direction. The price is already anticipated by the El Salvador move.

 

[Wisdom01]

Actually, the news has been digested already by the investors and the traders. So even if you are thinking that after full implementation of the laws, the price of Bitcoin will increase then you are in wrong direction. The price is already anticipated by the El Salvador move.

One major thing I noticed in bitcoin Is that old news hardly influences it , there need to be new information been created to keep the price moving forward to a high volume I think

 

[Josemendez]

Especially pump and dump coin , after it have been pumped for some time the rate at which it will fall would be massive and investors who are holding would quickly sell because the coin movement is uncertain

Yeah , I have once had my $235 worth of altcoins turn to $70 and I regret not selling during the bullish run of the coin. Quadrillion coins are not good for long term