The recent price crash of Bitcoin and the rest of the crypto market over the last couple of days has left many investors sad and in losses. However, despite these trying times, a few Bitcoiners are still hopeful that the coin will regain positive momentum sooner than later.
Bullish Tweets on Bitcoin
Amid the staggering price of Bitcoin, some traders others think it is a great time to catch a falling knife (buying the dips) while others are holding on for dear life (HODLing).
For instance, Ben Askren said he is not going to sell anything but will continue to hodl.
Yes im HODLing! Ain’t selling shit
— Ben Askren (@Benaskren) March 12, 2020
Similarly, @BTC_Macro, a position trader said that he even bought more Bitcoin, despite the current unstable movement of the coin.
I’m not selling anything.
I bought more blood today (like I did in early 2019), and if we go to zero then so be it.
I’m betting on $BTC decoupling from the stock market & pumping.
Once everyone covers their margin calls, the money will flow somewhere.
Let’s fucking go!
— Bitcoin Macro (@BTC_Macro) March 13, 2020
Barry Silbert, the Founder/CEO of Digital Currency Group, believes that bitcoin was invested for times like this, and he is buying more.
I’m buying. This is why bitcoin was invented
— Barry Silbert (@barrysilbert) March 12, 2020
BashCo, @BashCo_ tweeted about purchasing a full Bitcoin and probably putting Bitcoin Twitter to shame as to why they won’t join in buying the dip.
My little old mother putting 90% of Bitcoin Twitter to shame. pic.twitter.com/T9GsB5MpFp
— BashCo (@BashCo_) March 13, 2020
Another Bitcoiner, @MrHodl, has a strong belief that Bitcoin will recover sooner from the market condition that this story will be written in publications/books. At that time, many people will realize that the coin can survive any market condition, he said.
When #Bitcoin survives this people will know it can survive anything. It will be just another chapter in the book.
— Mr.Hodl🌕🍿 (@MrHodl) March 13, 2020
“I’ve had a really simple mental model for BTC in a severe equity sell-off that’s been unchanged since literally 2016. Look at gold heading into, during, and coming out of the 2008 financial crisis. I think that’s BTC this time round,” Ari Paul, @AriDavidPaul tweeted.
Still on buying more Bitcoin, Coinfomania’s columnist, Wilfred Michael, reiterated his familiarity with the volatility in the market. He said he is not worried about the price numbers but only worried that he doesn’t possess more fiat to buy at the moment.
I watched Bitcoin go to $3200 in 2018, the current numbers do not scare me.
I’m only pained that I don’t have more fiat to buy the dip..#bitcoin
— Wilfred Michael (@CryptoWilfred) March 12, 2020
Finally on the list is Edward Snowden, an American whistleblower who said this is the first time he has felt like buying BTC.
This is the first time in a while I’ve felt like buying bitcoin. That drop was too much panic and too little reason.
— Edward Snowden (@Snowden) March 13, 2020