Post
Topic
Board Bitcoin Discussion
Re: WHY ANXIOUS ABOUT BITCOIN PRICE?
by
MakeMoneyBtc
on 30/12/2018, 22:46:17 UTC
My father is anxious pertaining to the fall and rise in bitcoin price. He has four(4) btc and he is afraid to hodl. He wants to sell at a lower rate. Any advice for him?
It's normal to be anxious when you think about the possibility of losing your money. From what I can tell your father probably invested all his savings in bitcoin and now his just waiting for the price to go up so he can get some profit but hes gotta understand this is a long process that could take months and probably years so there is absolutely no reason to worry about it now. Patience in very important when you invest in bitcoin since the orice could change like the wind blows, one days it goes up 10%, the next day it goes down 15%.