Bitcoin lost nearly $1,000 in value over the past week after testing $5,000 for the first time ever on September 2. We’ve had some rumors of the People’s Bank of China potentially banning Bitcoin and shutting down the most prominent exchanges, and that has put some major dampers on any kind of price recovery in the short term.
Most long-time Bitcoiners are pretty used to these kinds of wild price swings though, but the newcomers are understandably quite shaken by such a big drop.
To them I say: HODL.
If you liked this image or any of my other cartoons, a small tip is much appreciated and helps me figure out how to turn this hobby into a viable profession.
Bitcoin
14uGaGR1bv8YUy4uyi2MiZbTfT4t9DLwGB
Ethereum
0x0781217d6f2298f41d25f87ff6620119a98c17a8
Monero
45jwpGZxamRBPRSLPVCG7Z88LFarfURbRRGkt3YYFnvxLQcSygEbRid487FLdmaib7Gb6aVxncfU1NVFvHXhSxWVUXziTP2