Post
Topic
Board Speculation
Re: Take your eyes off from the fall in price
by
Jegileman
on 05/09/2023, 09:52:28 UTC
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.
Before now many speculators do say by this the price of bitcoin should be around $35,000 by now, and this is the kind of news investors wants to hear all the time but it is unfortunate that the price of bitcoin has drop to $25k which can be heart breaking to some investors expecially the new ones. 

Do not let the price of bitcoin right now make you give up on you investment plans, the drop in price is just a distraction to make you take a decision that can make you regret of the better days of the market coming.

I don't believe one should be very concerned about the price of bitcoin if they have already decided to invest. You'll be discouraged from moving forward with the investment if you think about your investment frequently. In order to be confident and focus on other things, you must first prepare your mind and body to handle any probable price swings resulting from market activity during investment and while holding these coins. Particularly when it's money you've worked so hard to earn, money is really difficult to lose or risk in an investment. But as the proverb goes, "no risk without gain" should serve as a watchword and motivator in this circumstance.