Quote from: BABY SHOES on May 04, 2024, 11:20:06 PM

I think there are still many people hoping that after halving bitcoin will be bullish but in reality the price has dropped, it's like new to bitcoin investment because what they see in the news after halving will be bullish, but for me it's not like that bitcoin journey after halving.

Are you going to think short term or long term? If long term never think about the price now you should still continue to buy in the current situation because for example if you target $100K it is still long enough, so it shouldn't matter when the price of bitcoin drops to $57K it could be our chance to buy again.

It is normal for newbies to have the mindset that Bitcoin will have a possible pump during or immediately after but the reality becomes the unexpected to the because the fail to understand that Bitcoin possess a switch of mood at all time. Though speculations has been the major problem with newbies, they concentrate on apeculations more than reality, Bitcoin has no definite destination, even the market force sometimes moves in the direction that's not understandable that's why every experienced investor in the Bitcoin setting will advise that investing for a long intervals is better because when you invest and allow your investment to keep fit for long time many events and fluntuation would have taken place and by then you would have been conversant in the system, profit would have been made too, Bitcoin is a continuous process thats why we shouldn't give up, what we ahould be doing at all time is to invest as we can to keep our portfolio intact.