Quote from: bestcoins1 on Today at 09:51:54 AM

Quote from: Glen Hoddle on June 28, 2024, 11:54:36 PM

Although the Bitcoin market is currently dumping, I say there is no reason to panic. Because if your investment is in bitcoin then surely it will be successful at higher level price and aiming more profit.
But if your investment is in other platform then I can't guarantee it, but without doubt bitcoin market will start bull market by the end of 2024 and I expect maximum high price.

I think it's only novice investors who still feel panicked when they see the price drop in Bitcoin, because they weren't used to conditions like that when they started becoming Bitcoin investors. In fact, other investors who have long chosen Bitcoin as their long-term investment asset will not easily panic, let alone sell their holdings in conditions like today. Because investors who have tasted the sweetness of profits through Bitcoin investment will continue to buy Bitcoin, especially in conditions of falling prices like now because this is based on their belief in Bitcoin.

We know that every cycle there are always new investors in bitcoin, so it is not strange that some of the new ones will be easily scared when bitcoin experiences a decline because they bought at a higher price than now so they sell, I think that is a natural thing for new investors in bitcoin to do.

Old investors tend to continue to collect bitcoin and they know when they will sell their bitcoin, maybe some of them even save bitcoin for their retirement funds in old age, but we cannot judge beginners who feel scared in June, it is a learning stage for them to be able to understand that bitcoin will provide a decent return on wealth if they hold bitcoin longer.