Quote from: btc78 on Today at 10:11:10 AM

Quote from: Oshosondy on November 27, 2021, 05:48:20 AM

I am not ready to sell my bitcoin because I know its price will increase back, I do not mind if it will take time but I know it will increase back. But recently the price of bitcoin has been decreasing, before it was at a resistance of $60000 but now it is at a resistance of $55000. I am thinking bitcoin price may never increase for now back to above $60000. The support is strong at $50000 and bitcoin has not falled to the level at all but is this not the begining of the bearish market?

The market shows more volatility for the last 3 days , it is growing a little then dumping at the same time after https://coinmarketcap.com/currencies/bitcoin/ now we can see that it is unpredictable and only the strong hands can achieve the profit of Holding.
to those weak hands try to close your eyes for a while so you will not be triggered to sell out because you'll miss the great pump before the year ends.
but given that the market will continue fall yet this is a great advantage for the long term holder to purchase more and try to add their bags with much more bitcoin for the next 5 years.

Hard to close our eyes especially when the market move the way we don't like but what the best thing to do if we are losing is either to cut loss and buy in the dip. But if we can able to hold then that's good but expect to hold it for many months from now since recovery takes time and fear is still high in the market since no people yet thinking bullish on the market at this point.