Quote from: maydna on Today at 10:34:17 AM

Quote from: tengui on Today at 09:30:14 AM

~Snip

People doesn't have to panic when they sees the price is down because the corrections will always comes many times. If they sees the price is down, they can buy more Bitcoin and holds it until the price rise again. It's good to buy Bitcoin in a low price because that can gives them the opportunity to sell at a high price, whether they just sell it when the price increase or sell it when the reach ATH. As long as they can buy many Bitcoin in a low price, the chance for them to makes a big profit will be there and they will their profit will increase from time to time. We don't have to thinks about the reason why the price is down but we must use that time to buy back Bitcoin so we can collect many Bitcoin. Many people predicts Bitcoin will reach $100k so we must use this time to buy many Bitcoin.

Some people will always question the volatility of Bitcoin prices, even if they are experienced. This is sometimes important to worry about so you can decide what your next plan is if you are a trader. You can make a good trading plan and take advantage of price volatility to make profit, but if you are an investor then you can accumulate during correction.

There is no worry if you don't have a plan, I mean long term holder tend to be fine without being affected by volatility. Meanwhile trader and short-term investor tend to worry about the price because they really don't want to miss out on the opportunity to get maximum profit.