As a young bitcoiner that is having plans to invest in bitcoin or already investing. How do you feel about the current price of bitcoin?
* is it encouraging to you that this is an opportunity for you to buy more.
* does it makes you lose hope concerning your investment that it should have gone beyond bitcoin current price of $25,835.
I'm a long term investor and used to seeing the price of Bitcoin turning up and down. Hence, it's not surprising anymore if the market currently is not what many investors expected it to be (turning bullish because of the near halving). So if you dyor before investing to Bitcoin, you'll understand how it works because you track its past history and aware of what happened in the past.
Thus, if you're a new investor and losing hope due to the current condition, remember that this is just temporary. It can help if you stop monitoring the market and forget for a while the price to prevent stressing yourself and thinking how long the bear season will last. It's part of the cycle and it has an advantage for investors waiting to buy at cheaper price.
Those who have not left the market so far prove that they are all too familiar with what has happened with bitcoin. The drop only made them more excited because they were able to accumulate more bitcoins at a high discount. As for those who are new to the market and have never experienced a bear season, I don't think they need to stop watching the market. I mean it's not easy to do that because they are also investing money in the market. In my opinion, it is not necessary to avoid them, but to face them instead. They should take advantage as bear season continues and this should be seen as a time-saver to improve their knowledge. Only if they have solid knowledge and understand everything about bitcoin then nothing can scare them.