Quote from: YUriy1991 on July 10, 2024, 06:33:10 AM

Indeed, holding investment assets that are very volatile can feel quite scary, especially for newcomers and what you said above is a sentence of encouragement and what is certain is that BTC will always be there and its value will get better in the future, I really believe this.

What you have to find out is about these newcomers who are as willing to hold Bitcoin as people who already believe and are experienced like you. Because most of the new arrivals are caused by fomo or more precisely, they are joining in without considering their education and basic knowledge. So they also panic more easily when they see the market being corrected and also often experience losses because perhaps their patience in waiting for prices to recover has not yet been trained.

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Regarding the decline that has occurred in the near future, this can be seen as a process and opportunity for those who have not had the opportunity to buy BTC at a cheap price and I am sure that beginners will be familiar with this process because everything moves quickly whether the price decreases or increases and I think, The market will get better in the next 3 months. One more thing, it is also important that we look at the historical performance of the previous July.

Things like that are only more familiar to those who have known Bitcoin for a long time and still believe in keeping Bitcoin as their investment asset. Meanwhile, for beginners, I think things like that are still less familiar because they still tend to be afraid to buy Bitcoin when they see price declines occurring in the market. So I wouldn't assume everyone is familiar enough with conditions like now except only people who are used to seeing things like this in previous Bitcoin market cycles.