Quote from: SquallLeonhart on September 18, 2021, 10:33:46 AM

Quote from: MCobian on September 17, 2021, 11:50:28 PM

I'm also quite worried the Bitcoin price will drop below $40k again when the correction occurs, but what I was worried about didn't happen. Bitcoin
price is back to near $50k again, hopefully our hopes that the Bitcoin price will rise again above $50k can happen in the near future. Therefore, there is
not much we can do for now other than be patient with holding the Bitcoins we have.

Yes, I was a bit worried about it as well. What happens in crypto is that if the price can't go to one direction then it goes to another direction, the 50k+ was not a permanent one and it kept on going down so eventually I assumed it would start to go down a lot. That did not happen and I am quite happy about it but we are not back to 50k+ just yet neither, which means we should be a lot more careful about what is going on right now.

Nobody can guarantee that this 48k+ will not turn to 40k in a week or two. Which is why lets not get our hopes up just yet, we should be happy that it is this way but we should not be crazy about what is going on neither. Just focus on very long term and you will not be bothered by the falls that happens meanwhile, what happens now is not really important if you plan on selling 10 years later, that is how I overcome the emotions during those big falls.

It looks like your prediction came true, Bitcoin surprisingly fell quite deep and touched the price of $40k, it was quite worrying for me. But now it
seems that Bitcoin price is slowly recovering and managed to rise again to the price of $43k, I hope the price of Bitcoin can continue to rise again
near the price of $50k. The market looks really crazy the last few days, maybe you are right we really should focus on collecting Bitcoins for
long-term investments. So Bitcoin price changes are very volatile, doesn't stress us out.