Post
Topic
Board Bitcoin Discussion
Re: How to manage bitcoin correctly?
by
AicecreaME
on 18/08/2023, 15:28:01 UTC
When BTC reached $69000. I didn't choose to sell it. but the current price of Bitcoin dropped to less than $30000. Is it the most reasonable choice to sell BTC now and turn your attention to other investments? I hope to get some good suggestions. Although I have held BTC for many years. I am not good at management.

How come selling Bitcoin in its price right now more reasonable than selling it when its price was $69,000? I don't get the point.

If you're panicking because the price might get even lower, I assure you, it's normal. If you're going to let your negative thoughts win, you don't deserve the profit in the long run. Bitcoin pumps and dumps, but it doesn't mean it'll dump to zero dollar per bitcoin. You just have to wait and believe on Bitcoin's potential, because Bitcoin is the number 1 cryptocurrency that you can trust.

But if you can't control your emotions and uncertainty, you're free to sell it whenever you want at any price.