Post
Topic
Board Speculation
Re: Free falling Bitcoin
by
slaman29
on 19/05/2021, 15:05:29 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.
It is up to you what you do with your money, however something that is not mentioned a lot but that is really important is that there are days in which it is better to not trade or even take a look at the markets and just go outside and do something else with your time, if you keep staring at the charts when the market is going down you will get the symptoms that you are referring, it is because of that many people give up trading even when they are winners as it is impossible to deal with the pressure for long.

Take it easy my friends. We must surely know that deep crashes are very normal on crypto and what more to say defi and alts that have been rising non stop now for a few months. This was always coming, and better it comes now and builds us a strong foundation to continue the growth rally if that is really what is coming now!

Take the dips as easy as we take the growth and we'll be fine long term.