Quote from: South Park on Today at 12:56:33 AM

Unfortunately most people cannot think that long term, they only care about what it is happening now and nothing else, so the current drop that we are seeing has without a doubt affected them to them and I am sure a great deal of newbies sold their cons in panic when the drop happened, but even if I am sorry for their mistake at the same time they are the ones that decide to enter this market without knowing what to do in the case something like that happened, so they are just facing the consequences of their lack of preparation.

If they don't pay attention or think about the long term, they will panic every time they see the price fluctuating erratically and will feel afraid of the losses they will get. But if they invest in bitcoins only for the long term and only sell them when the price is rising high, they will calm down, keep waiting, and even buy more at the bottom price. And after this bearish condition is over, we will see the market situation will change and we can get big profits again.

Quote from: LouVandetta on Today at 01:38:57 AM

But not everyone has the money to invest on bitcoin since even when it's crashed quite hard, it is still considered very expensive for most people. But yeah, it is a very solid coin to invest if you have the money and knows when to enter the market. Right now market condition seems recovering a bit from the recent crash. After a few days worth of crash, we're finally seeing green(s) on most major coins and alts. So I guess, to those that have patiently waiting for this time and already stuffed their portofolios before, right now they are just enjoying their profit, tho some might be also still suffer from losses.

Fortunately, to invest in bitcoin, it is not necessary to buy all 1 bitcoin but they can invest using small money gradually. If they know the DCA strategy, it will give benefit those who want to invest in bitcoin. Before investing, they really have determined how much money they will use so that it will not affect the cost of their living needs. This is what everyone who wants to invest in bitcoin needs to realize so that they don't make a mistake.