Bitcoin dropped 2% then rebounded after Trump said he's 'a big crypto guy' — here are experts takes on buying the dip
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Bitcoin dropped 2% then rebounded after Trump said he's 'a big crypto guy' here are experts takes on buying the dip Vawn Himmelsbach Sat, July 11, 2026 at 11:00 AM PDT 5 min read BTC-USD MSTR On July 6, Bitcoin dropped more than 2% after Strategy a corporate buyer of Bitcoin disclosed in a regulatory filing (1) that it had sold about $216 million worth of the cryptocurrency. That's the second time this year the company has sold some of its Bitcoin reserves a complete reversal of its former "never sell" approach. Strategy posted a $12.54 billion net loss (2) in the first quarter of this year as the price of Bitcoin slumped. Must Read Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 6 ways to build wealth like a landlord without actually being one Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake here's what it is and 3 simple steps to fix it ASAP Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going Later that day, Bitcoin rebounded 1.8% (3) after President Donald Trump said that he's "become a big crypto guy" when responding to a reporter's question about whether Bitcoin might be included in Trump Accounts (4) the tax-advantaged 503A accounts that launched over the July 4th holiday weekend. The crypto market is notoriously volatile and hyper-sensitive to news cycles, from world events to regulatory shifts to viral tweets. Sometimes that volatility is short-lived; other times it's a sign of a coming slump. But there's another reason for big price swings. "Unlike stocks, for example, cryptocurrencies have no cash flow and do not have the ability to pay dividends," according to Fidelity Viewpoints (5). "And unlike commodities (like gold and copper), they have no industrial use." With so much volatility, is it worth buying the dip? A dip or a Bitcoin bear? Cryptocurrency is a type of digital currency that's used for secure financial transactions. It's not issued by governments or central banks; rather, it operates on blockchain technology and trades on cryptocurrency exchanges. While Bitcoin is the most common form of crypto (it's been around since 2009), there are many others, including Ethereum, Litecoin and Ripple. Buying the dip means buying crypto after its price temporarily drops. The risk lies in how long the dip lasts after all, you don't want that dip to turn into a crash. Over the past 12 months, Bitcoin's price changed -45.3% (6). Today, it's sitting around $65,000, while in October it was $125,000. For investors who already own crypto, the question is whether to hold, add to their portfolio or exit the market. For potential investors, the question is whether to buy the dip. Story Continues Buying the dip requires an understanding of market conditions and a high tolerance for risk and perhaps a bit of luck. Dips might simply be a short-term fluctuation based on the...
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