Post
Topic
Board Bitcoin Discussion
Re: Do you also panic when bitcoin price falls more than 10-20% in a day ?
by
Psalms23
on 29/06/2024, 00:44:40 UTC
 I'd stay chill during those 10-20% drops. I have seen enough to know it's part of the game. If I have enough capital, I'd be even happy to invest more. When prices dip, it’s a chance to buy more if you believe in Bitcoin long-term. To keep your cool, remember why you invested in the first place, if you believe in Bitcoin’s future, hold on to that belief. Think long-term and focus on the big picture, not the daily changes. Only invest money you can afford to lose, so you’re not stressed when prices drop. Stay informed about what’s happening in the market to avoid surprises. Lastly, have a plan with set buy and sell points and stick to them. It’s a wild ride, but keeping calm and focused helps.