Post
Topic
Board Speculation
Re: Take your eyes off from the fall in price
by
Ndabagi01
on 07/09/2023, 19:10:10 UTC
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.

Given the fact that I am not a newbie to the bitcoin market and understand what bitcoin is and how it operates, the price drop will just give me more confidence and optimism to acquire more bitcoin. If I were an investor with a large number of holdings, I would be disheartened by the market's drop in price. However, if I were a wise investor, I would utilise this chance to buy more bitcoin to add to my savings, buying at a lower price than what I purchased initially (Dollar Cost Averaging). Every market movement has advantages and disadvantages; just know which one best suits you for the reason you're here.