Bitcoin is stable for months, what to do?.These are the questions roaming on every topic on this forum so im helping you decide whether you want to sell it or buy something. Well, im promoting buying so here's why.
You probably have some coins bought when the price is still high, and you want to sell it because you are afraid that it may go deeper and you lose more. These is called the panic sellers which triggers When the value of the coins they are trading or holding pump down. What will happen? You will claim that you defeated and surrender for what we say bear manipulation. You just gave your money to them, you get depressed and you eill post bad news about bitcoin so that a lot people would be discouraged to invest. It doesnt help yourself and doesnt help other people either.
But what if, instead of declaring you lose, you hold your coins until it goes back because we both know that this drop is just temporary and when the value get tired of being low, it will soar high again. Its a winwin situation for us financially and emotionally. Yes , it is depressing until it still low but we know we are not lose until we sell it. More money, lesser stress.
We should take this low value opportunity to buy rather ranting nonsense that wouldnt help. Have a strong heart people.
Panic selling is choice, though I dont advise people to do so, cause its not really okay to do it, but some people tend to do it all the time. This is not the first time they are being told to stop panic selling, but it is not something you can stop.
If youre able to able to have patience through out the time the price is down, then there is no problem. If you cant hold on too, there is no problem also. Everyone has their different ways to do their business as long as youre benefiting from it.
This is the problem of our society they make mistakes than blame others, so the same way people who are in my place sold bitcoin at panic and then after losing money they are saying bitcoin investment is scamming, told them not to sell at panic but what else can we do than guiding then but I am sure after watching me getting rich and getting profit after staying determined, they will be regret of selling panic and they will invest back to hold.