A couple of weeks ago I was excited that bitcoin price had gained 23k+. I was positive that it was going to at least stay steady at that point for some and the go up gradually, but boy was I wrong. On Twitter this user - Richard Heart, tweeted "Pray that #Bitcoin doesn't hit $11,000. For if it does, the sound of me patting myself on the back will be heard around the world."(What does this even mean?). Anyways, I decided to open my Binance app(I do not check the price daily. Is this normal?) only to find out that the price has plummeted to 20k. Honestly, I am not perturbed at all because I am a long term hodler. But why can't the price stay steady? Are we moving towards the dippest part of the dip? Just wanna know your thoughts. Thank you.
The price won't be steady because it has always been volatile. Don't look at those tweets, they'll make you more emotional and could tend for you to start panic selling.I've that title elsewhere and it's like a meme which has always make me laugh.
Just focus on being a long term holder and you're just doing fine and anyway, welcome to the market for this how it goes for being one of the most volatile asset in the world.