Post
Topic
Board Speculation
Re: Your feelings if Bitcoin price takes your expectations unaware
by
flyingcarpet
on 28/12/2023, 06:12:34 UTC
As a short-term goal Bitcoin Investor whose eyes has been on the Bitcoin market and has accumulated as much Bitcoin while expecting the bull-run markets to come and skyrockets so you can sell you Coins at a profitable higher price, and then you wake up lately maybe at night or sometimes in the morning and learns that Bitcoins value rate (Price) hitted the market even times 3 of what you expected for example, you awaits the market to hit $65K and then it hits $165K just at your slightest mistake of given the markets charts monitoring maybe few minutes or an hour break and then it depreciated unimpressively against your will probably even below your hodling value at your notice, how would you feel at it?

Psychology is an important factor in investing. If the price suddenly increases or decreases unexpectedly, the reaction will be determined by the increase or decrease in the price. If it rises unexpectedly and reaches the price the investor has set to sell, this is a perfect event. If the price drops unexpectedly, then the investor may react unexpectedly.

Most people don't want unexpected things to happen in their lives. He prefers things to progress according to his plans. Our reactions to unexpected situations may differ.

Of course, we want the price to reach the level we want, but the market moving in unexpected ways is often not good.