I keep seeing a lot of people who are fearing the price right now, many people who are getting out, and plenty that thinks it will crash even harder.
Why does everyone think the same? I mean it shouldn't be like this right? I have been long enough to hear "buy low, sell high" a million times so far, and it has always been said when the market is low, but for some reason, people still do not feel hopeful when the price is low.
I am not going to make your investments for you, it is not my decision to sell or buy for you, if you want to get out right now and feel scared then you should do that, it is your money and only you can decide that.
However, if tomorrow the price starts to go up, and if the price reaches 70k in 2022, then you should remind yourself this day when the price was under 40k, and you felt fear instead of hope. Because prices always go down before it starts to go up. I can't promise that it will right away, but I am not selling, in fact, I am buying more. Focus on what can happen, and not what has happened, that way you can have some hope for the future.
I also have noticed many times that discussion about to buy on deep and sell it on high .Its not my tricks ,mostly new trader follow this kind of strategies .I don't suggest to buy on deep and sell high cause most of the time you may face huge amount of losses when it goes more deep and takes many of times to recover .However you may right to follow this but we need to be more patient on this trick and also need hold our asset for long term .New trader always enter on hype or FUD and sell their asset on loss .I just wanna suggest them to research the market and analysis the market ,it will helps to make anyone their profitable strategy .So try to read the market always if really wanna buy low and sell on high .