Quote from: Sanugarid on May 23, 2021, 12:47:51 PM

Quote from: ConnerDalfino on May 18, 2021, 07:10:19 AM

The market corrects whenever it reaches the point where people are buying and selling based on tweets. Those corrections didn't matter a year or two later. Bitcoin is bigger than any individual or corporation. How many posts have we made where we "should have bought" something for $200 or $1,000? Is it really $3000? a thousand dollars?
These dips don’t matter, either you believe in bitcoin long term or you don’t. And if you're going to sell anything based on one man's tweets, you might as well purchase something else.

HODL

Exactly, holding your BTC is the best thing to do for now and just add more whenever massive or small dips happened. Only people who're still new on how investment in cryptocurrency works panic sell and exaggerate things. If you're into a long-term goal then massive dips don't really matter at all since we're looking forward to its value in the future.

Do I have any other options than to Hodl? NO I never bother for a while during the massive dumping I left my BTC in my wallet with a stern belief that the price will recover having been in the crypto for almost five years and I witnessed some price corrections and recoveries even in the wake of covid-19 restriction last year the price of bitcoin crashed and recovered to attain a huge price mark of $60K this is quite massive it is obvious that price recovery had already started.