Post
Topic
Board Speculation
Re: Don’t rush to buy Bitcoin
by
Ziskinberg
on 20/05/2022, 12:49:01 UTC
I have a really good friend of mine who bought a ton of Bitcoin and some alt coins right before this crash. He has a lot of anxiety about it because he hasn't seen this kind of thing before. As someone who's been heavily into crypto for years, I keep telling him not to worry because I have seen so many corrections over the years but he keeps looking at his wallet.
I probably give him the same advice weekly: BTC is a long hold, just wait it out. I tell him, I don't even look at my wallet anymore. It’s a revolutionary technology, you have to understand that corrections are a natural part of crypto and its growth potential is still huge.
It was hard for them and those newcomers that haven't yet experienced this. Those who come during the bull market will simply think this was the end of crypto but for us who have been in the market for many years, we know how to handle this thing.

And I hope your friend will listen and follow your advice. Yes, it could be wise not to visit and check our portfolio during the bear season as this will just hurt us. We'd rather busy ourselves with other stuff to divert our mind and to keep ourselves calm.