Quote from: Iranus on May 17, 2021, 11:59:50 PM

Quote from: Armani123 on May 17, 2021, 03:44:54 AM

My oh my! Since a few days back my blood pressure has being spiking higher and higher, seeing the price of Bitcoin doing a freefall. I know its prudent for an investor not to panic when the market falling, but I can't help myself starting to panic. I believe that it'd be sensible for me to sell all of my Bitcoins and wait for a suitable time to reinvest.

Real bitcoiners never panic when the market is falling, it is newcomers who are doing panic selling during a sudden correction. Real bitcoiners are happy when the market is dumped because the market gives new buying opportunities at the time of dumping. Also, professional traders & swing traders are fixed the part of their profit and waiting for a big correction, A hard bounce from 42000$ is giving a reversal signal now, I think now it is a great trade opportunity for new comer.

Our goal is to invest in Bitcoin to make a profit, so when the Bitcoin price falls don't panic and sell it. Better HODL our Bitcoin than to sell it now,
even if we have extra money, it can be used to buy Bitcoin again. If we want to sell Bitcoin it should be when the price is above $ 60k,
selling Bitcoin now in my opinion is not a good decision.