In trying to put more pressure on the market by constantly monitoring a supposedly long term bitcoin or cryptocurrency investment, one ends up putting pressure on themselves as, the market is and will always remain a collective effort from the whales to make any huge difference.
The market is a highly volatile environment and most times more than anticipated, it always looks as though your loosing, as though it was set against you and that builds pressure on you as an investor. Pushes you not to invest or sell your crypto portfolio due to phobia of further falls.
Staying away the charts becomes a reliable strategy to be in the market not minding the market condition.
True. You can never expect for the market to be always on the pump as it will always be volatile no matter what. Instead, accept the fact that when we are in a bearish market condition, crypto prices are dumping and so the best thing to do is hold them for long until we see them recovering again. Also, do not often monitor the market so you wont feel pressured and end up panicking. For now, bitcoin accumulation would be the best resort.
It was found to be the nature of the market, up and down. Perhaps, nothing has changed since from the start. In fact, many people had already anticipated that kind of event but unfortunately, those who are new in here got no idea what they are doing when the drops come as panic come into their minds. Likely, if we only understand how this works, we never can see panic selling but had already accepted the reality that not all can't manage to hold longer as weak hands are easily bothered by the FUDs and rumors.