Panic prevails among many investors, especially when we see that the price of Bitcoin has fallen in the market. So don't panic when the price of bitcoin falls, try to be patient because later on the price of bitcoin can rise rapidly as we have seen many times before in the market. Yes, it is true that the market is going down a bit at present, but the market can recover quickly from here.
Now is probably the best time for investors as the Bitcoin market is down, so there is an opportunity to buy more Bitcoins at lower prices. Don't panic in deep market try to buy big bit by bit do DCA regularly and try to hold it for long time. A potential target of Bitcoin price of $100k may be reached this year.
Well said, I would love to point out too that the Market rewards the Patient over the Impatient, the emotions of investors is what pays others that don't allow there's to control them even in the face of fear, this has been preached over and over again. For investors and newbies to look with a long term view, as well risk within there tolerance level which will keep them in a position of caring less and not panic because of price movement.
People know that but they can't stop their selves to get affected on the latest happenings on the market especially if the price dumps since they can't stop their emotion to get afraid in the situation what currently they see on the market. That's why before they partake for thinking about investing on bitcoin maybe best for those people to research first and learn a lot of things about bitcoin. Since investing on this coin is not all about buy at the lowest price then they can able to sell when price goes high. Lots of technical aspects that need to look at to strengthen up their beliefs then they won't easily get affected of the negative sentiments brought by other people. If they gain a lot of knowledge for sure they won't get afraid to hold until bitcoin will reach at $100k.