I am seriously considering getting out of this game. Give some strength bros!
Imo you have invested too much into Bitcoin, if a price drop leads to panic.
Just hold an amount that you can afford to lose.
sounds like wise advice.
I'm 100% in BTC.
This is not the most sensible position.
Good advice.
We have enough invested it would be a bit painful if we lost it all, but it really does not affect our quality of life so in all honesty, it is not a big deal. It just means when hubby goes to buy his new car in a few months he won't be able to pay cash for it unless BTC goes up a whole lot.
I would add that people should not panic and sell all their BTC holdings regardless of it's volatility. BTC is great for diversifying investments. That is one of the major things financial advisers will say to do.
It is good advice, it also allows any trading/buying/selling to be done with less emotion (for most people).