Quote from: Yukyzu on May 23, 2024, 09:00:21 AM

With the knowledge we have, of course this will make us confident in collecting Bitcoins and holding on to be able to gain profits from holding Bitcoins and for some people who don't have good knowledge about Bitcoins of course they will make mistakes if they decide to invest Bitcoins. they panic when a market correction occurs which makes them sell the assets they invested in at a loss.
Of course, understanding the investments we make well is very important because if we don't understand them well, we could experience losses in the investments we make.

It's in the nature of Bitcoin to increase and decrease in price and when it decreases it gives people an opportunity to buy/invest more in it but some people especially Newbies would sell out of panic lack of understanding of the market, but those who got good knowledge and understanding of how the market operates would see that as an opportunity to acquire more Bitcoin and Hodl for a while until the price goes higher then take profits or continue holding then acquire more when the market goes down against. Lack of understanding have made many people lose in the market, some would even say it's a wrong choice of investment but they're wrong I believe Bitcoin would still make many people see why it's one of the best choice for a long term investment currently.