Post
Topic
Board Bitcoin Discussion
Re: There is something wrong with understanding Bitcoin
by
adzino
on 17/05/2023, 02:33:42 UTC
-snip-
the level of people's trust in fiat from ancient times to very low. People are willing to work hard to earn fiat currency and convert into this type of investment.
Those who understand Bitcoin, including its volatility and choose to invest in Bitcoin, are very easy to panic about the price, even though Bitcoin has been proven to be a future investment choice. There must be something wrong with them.
If you invest your hard earned money on something and you see your investment going down, yes, you might panic too. No matter how much you have seen the market dips, when it happens to you, you will slightly panic. I think its very normal. Nothing is wrong with them. As long as they don't panic sell, they should be fine.
And I guess those who invest what they can't afford to lose are actually the one that panics a lot when the price goes down.