Quote from: elisabetheva on June 17, 2021, 12:52:33 PM

Quote from: ethereumhunter on June 17, 2021, 04:34:04 AM

Even if that is an easy thing, most people can hold their bitcoin for a long time. People tend to panic when the price starts moving up or down because they may not be ready to see that happen. A small number of people can survive to hold their bitcoin because they can control their emotions and decide not to watch the market very often. If they can hold it, they will make a big profit in the future.

Anxiety and fear of experiencing losses sometimes make what you do actually make the situation uncontrollable. many of them always believe the bad news circulating on social media and when they see the market price, they can't help themselves, don't analyze well. whereas many are muddying the atmosphere with bad news to benefit themselves and this is sometimes not realized.

if we just want to hold it, we can be sure that bitcoin will always form renewable ATH again at some time later, so there's no need to worry because holding bitcoin will not lose money, it just depends on time, which at least takes 4 years according to the halving. maybe even faster because the market situation is actually improving.

If they do not search for more info about what they found before, they will have anxiety and fear and that is normal to see that will happen to them. We always need to calm down when we read something from social media because that news will not always right.

You need to have a calming down if you decide to hold bitcoin because the price will go up and down fast, making you worry. But, I guess we may not be waiting for the next 4 years because the bitcoin price can increase again anytime and hopefully, that can happen this year.