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.
It's not the only case with Bitcoin as price dips are very normal in this crypto market and we have seen worse than this.Panic selling is just for weak investors.
So what I want to say is that fiat has lost its value much higher compared to bitcoin with rising inflation and its robbing you day by day but nobody utters a word about it? Bitcoin on the other side which is deflationary witness some normal dips and correction then new investors blood pressure tends to rise so easily.Imagine you have saved $1000 in 2010 and now that would have valued to $100 only compared to inflation rates and same investment in Bitcoin would have turned to $35 million today!!! Just imagine the returns and try to remain calm instead of eroding away with FUD in the market.