@ahmedzaky 23 January 2021

Is Bitcoin collapsed?! I think Bitcoin is still an incredibly legendary magic coin!!

Those who talk about the collapse of Bitcoin (Its price is now $ 31967 !)... are the same ones who were describing Bitcoin as achieving a historic record when it broke the $ 20,000 barrier.

**Bitcoin collapsed for those who bet on the price and bought when it broke the $ 40,000 barrier and were waiting for it to break the 50,000 barriers to reap big profits!!** But until this moment, Bitcoin is still achieving a historical record that no one expected or imagined when the magic coin was launched in 2009 when its price was $ 0.001, or in the immediately following year 2010 when he bought Laszlo Hanich, extorting 10,000 bitcoins!!

**Despite the recent decline, Bitcoin is still an incredibly legendary magic coin.** **I believe that Bitcoin will achieve more growth after a logical and natural period of decline.** A quick look at the history of Bitcoin prices will confirm this... The price reached 20000 for the first time in 2017, then a real collapse occurred after that until the Bitcoin price reached less than $ 4000 at some point in time, but it started to rise again and settled for a while at $ 6000 and did not Ascent stops.

**The price was rising slowly at first until the last wave started, which is still continuing until now despite the decline that some consider a new collapse.** Certainly, there will be a collapse... every rise must be followed by a decline... But I do not think that what is happening now is the collapse that we are talking about... **I also think that the collapse will not last for long, and Bitcoin will rise again, perhaps touching other historical moments it has not yet reached!!**

Personally, I hope that the Bitcoin price will drop a lot so that beginners and small investors can collect what they can from it to invest in the future. **Of course, along with other powerful currencies such as Ethereum, Bitcoin Cash, and Litecoin, etc.**

As for the real bet - from my point of view - it is on ***supported currencies***... ***such as the currencies of the trading platforms and browser currencies such as Netbox and Brave, etc***... These currencies are more suitable, ***especially for beginners and small investors.***    **===** **Images Source:** ****pixabay**** https://pixabay.com/photos/search/bitcoin/