Quote from: kapalmabur on October 27, 2022, 10:04:58 AM

Basically I never doubted and believed that Bitcoin would rise again, for long term investment Bitcoin is the right choice because it will be profitable,
I think we just need to be patient to wait for Bitcoin to rise again

Patience is required to see any investment go up if you have the belief in its vision and its development. Bitcoin is no doubt going to go up but it takes time for a coin to recover from a bear run which is taking a toll on the investors. Dont be one of those who sells at the low and loses out because maybe in the next six months we might see a new upstroke in bitcoin.

Quote from: JahriMeayer on October 27, 2022, 11:59:41 PM

Probably yes for them who brought from peak. otherwise not everyone did the same but agreed that after such tremendous growth of crypto, the sudden dump makes investors disappointed. Although you must know that, there'll be a dump after pump and this is not new here.

There is not place for such emotions here. Rise and fall are part of how the cycle is constructed in the speculative market and knowing how to exploit that is what makes a good trader. Being disappointed because one did not get a chance to sell quickly after a buy, only leads to losing out on opportunities coming in future.

This can be prevented by keeping a limited allocation of income to crypto every month and having some other investments in portfolio other than crypto to lean on to during bear stages.