For the past 3-4 weeks now, bitcoin price has not been increasing as expected. Though, this recent price flunctuation still gives room to make some huge profit when you buy when its low then wait till it rises, then sell.
Bitcoin has increased to it maximum for the past 1 week around $2600+ but right now, has fallen to $23000-2400+. This was not actually expected due to the surge bitcoin had in the past 2-3 months.
Everybody probably hoped bitcoin will keep increasing. It had a record of all time high of $2900+, and everyone thought it would climb into $3000, but it never did. It just kept dropping.
Anyways, the best mindset for bitcoin is to buy and store for a long time before selling off.
Topic: What is bitcoin, how to manage bitcoin account, 3 REason coinbase is better than blockchain to store bitcoin
If you got any questions, suggestions, drop them below.