Who here would have believed last year that Bitcoin would be near 18,700 today ??
Actually none but we all are minded of the volatility in bitcoin price so seing this happening should be a sudden surprise because this is not it's first time neither will it hebthe last and every active bitcoiner that knows what he's doing should understand the need for volatile price in bitcoin
Everyone knows darn well that anyone correctly predicting such a price drop in bitcoin would have been ridiculed here in this forum
The fact is that anyone can come up with his own research about the price movement base onnhis speculative abilities but the truth is that everyone can't be right in their predictions most of which are guess, that is why it is always important for individuals to engage on personal research as we often termed it "DYOR".
So stop the self delusion for a minute and consider that Bitcoin could still go FAR LOWER
It may go dip the more and it may not but either of the two means nothing to affect it's value and reputation from being a digital currency.
1. At what point do you guys lose faith in the dream of Bitcoin going to the moon, cut your losses and sell ??
When i feel I've realised enough profit from my investment with bitcoin after some years of hodling,i may choose to sell but will still buy the deep the more.
2. At what point do you sell your Bitcoin, Convert to cash, and wait to buy 20 times as many Bitcoin at a much lower price, say something like 1000 dollars ??
Whenever needs arises but those are not the investment addets am selling from but rather the little savings i hodl for mimor expenditures
3. Would you never sell, no matter what is happening in the crypto world, and ride Bitcoin down to the bottom ??
Know this and be rest assured that bitcoin is not going down the bottom pit neither am i riding towards that direction with it but volatility remains constant and bitcoin remains a digital currency.
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