So it would be good to ask people - Are You Scared or Worried? And what worries you? Or why are you confident?
Every time the price drops, I see it as an opportunity to purchase more for short-term investments. I withdrew them as soon as the cost of the initial price is higher than the selling price by at least 10-20%. With the volatility of bitcoin, this may depend upon external and internal factors but I usually cash them out 2-3 weeks from the date I purchased them.
Instances like these, people should view it in a positive light rather than taking it as a loss.
I am not afraid that the price of bitcoin continues to fall, while we are still using bitcoin, then bitcoin will continue to be valuable. Many people and myself still believe that bitcoin remains a profitable investment.The decline in the price of bitcoin is a common phenomenon that occurs every year. In the near future, BTC prices will again experience price increases. Because interest in buying and selling digital assets is increasing.
The Bitcoin price fall is healthy in a sense because we cannot see bitcoin to be always rising. We have seen last few months that bitcoin prices were stable above 10,000K and i think it was necessary for bitcoin to dump a bit and retest its previous support levels before making another big momentum.
What do you mean by 'healthy'? I find that the word volatile is suitable as the price cannot be predicted accurately. You would need to rely on data, news, and research before planning your next goal in this bearish market.