You can't just explain it


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Two different skeptical news just in one day and you are left unexplained in the middle. Bitcoin dump and a hard wallet hacked right under the custody of The Police.

Could it be they know more about it? Let's stop pointing fingers and throw in the general assumptions of ‘incompetence’. You can find out more about this article from @rwaguru article; Police lost 22BTC and Bloomberg drops fresh FUD

If Bitcoin were to dump down to 10K, my annoyance would be that I don't have spare 10K to hold on to at least 1BTC. If you currently understand the BTC tokenomics and mode of operation then you can agree that it will definitely bother them more than it bothers you. It is a well calculated risk especially for those who would love to stay long term.

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Who are the ‘them’ here? Maybe we should throw in this example. Does it make any sense to buy an affordable car where there is no good roads? It depends, if it be an area that government officials are gradually pushing themselves to, it can become a good choice. Afterall, it is them that own the convoy, they will have to sought it out sooner than later.

This is the same fate of Bitcoin, we already know that big names have cloned this cryptocurrency and well, Bitcoin at 10K becomes more of a hot sit for them. Consider big names like Blackrock, Microstrategy and many of the likes. I’m with one and they have hundreds or thousands to be bothered about. This is not about planning to die with the Philistines like Sampson, NO, it's strategy well coupled with patience. Am I just giving you a financial advise here? Please DYOR.

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Ok, I just read on chain how Blomberg predicts Bitcoin to dump to $10K. Let's consider the fact that this crypto has sold at over 110K some couple of months ago. This one would be worse than its last hit of 2021. Maybe this is just a FUD message by a renowned market specialist. The newsroom are always looking for ways to gain attention.

To conclude, let me add, how will the altcoin market look like supposed Bitcoin drive down to 10K?. BTC is directly proportional to altcoins, you can call it a transferred aggression. We have already seen the fate of many coins and tokens as it stands. So it can probably send many projects into oblivion. It can make your heart beat faster if you are so dependent on the riches of this world. Please invest what you can afford to loose and although I assume you can't wholeheartedly afford this lost, keep it a heart agreement. The financial market is and will remain a dangerous water for gamblers especially.

This is an article covered by dani-EL; a broad niche writer. I write on faith, life facts and daily living, business and economics, small scale and daily businessing, cryptocurrency and technology. And yes, I do cover articles on financial education and investment updates. And note, if I happen to be a financial adviser to you, the TOP financial advice should be ‘DYOR’ (Do Your Own Research), I can't afford to break your heart

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⚠️⚠️⚠️ ALERT ⚠️⚠️⚠️

HIVE coin is currently at a critically low liquidity. It is strongly suggested to withdraw your funds while you still can.

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