Post
Topic
Board Economics
Re: Bitcoin is Falling...Is it Panic Time?
by
Dudeperfect
on 30/08/2017, 11:42:48 UTC
I think you do not need to panic with bitcoin prices .. up and down, that's normal. You should pay attention to the news about the falling bitcoin .. it will make you panic .. you must be optimistic bitcoin will return to normal point and price will go up. if you look at bitcoin prices from year to year always experience a significant change and up until now .. maybe if you invest in the last year .. now you become rich with bitcoin you

Agree, There are many investors who have invested in Bitcoin for the long term (5/10 years) but they are so impatient that they have installed Bitcoin price tracker on their mobile and they keep checking the price and chart movement on a constant basis. They can't even settle down if there is 10% loss for their investment.

I have committed such mistakes a few years ago and I regret selling some of my holdings early but I think it taught me a lesson and made me a more patient investor.