Post
Topic
Board Speculation
Re: Free falling Bitcoin
by
traderethereum
on 19/05/2021, 11:08:01 UTC
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.
You need to calm down and not panic because it is a correction that always happens to the bitcoin market.
This time, the correction happens with the bitcoin price drop, but as I said before, you do not need to worry.
It is a good time to buy more bitcoin if you have money because the price is low, and I think it will be hard to see this price in the future.
If you want to watch the price up and down without buying any bitcoin, you are free to do that.
You do not need to sell all of your bitcoin because you will regret it later, especially when the price is increase.