Quote from: avp2306 on Today at 01:09:46 PM

Quote from: knowngunman on Today at 11:24:59 AM

Quote from: Frankolala on August 05, 2024, 07:59:38 AM

To my greatest shock, I woke up this morning to see that bitcoin price dip to $52k and I was like damn it where is my reserve funds, and immediately I bought some sats because I am still stacking and need to take advantage of the market price since I am buying in discount.

To new investors and weak hands, this is not the time for panic but a time that bitcoin gives you the opportunity to buy bitcoin in discount because the price is on temporary and will still pump as we are expecting the bull run to kick with price pump soon. Hodli is the only way out to overcome bitcoin price volatility.

Even the old investors were shocked by the sudden decline in the market but It is very annoying and frustrating being in the midst of new investors. Damn! I wake up to see lots of messages that shows how panicking they were. I am not happy seeing the market the way it is now but it's not surprising at all, it is expected.

Investing in crypto is not for the weak mind who can not withstand a little shake in the market. Their fear might be due to either they invest with money they can not afford to lose or they did not plan to invest for a long time. You can only sit and watch or seized the opportunity to increase your portfolio only if you have intention of holding for long.

Seeing those negative sentiments spreading it really create scare to a lot of people. The market is not doing good and I believe those who got crazy about those dumps lose their money because they get panic to lose more especially when the price drop down so bad. There's no people got happy about that situation since lots of people expect for maybe a slow dump and consistent pump until the end of the year since good discussions still rotating and there are some people think about bitcoin to reach at $100k this year. But it seems those kind of speculation is not possible to happen for now since bitcoin is experiencing a decline for past few days.

Crypto is not really for weak hands and if they are really eager to invest with it, they should prepare for something good and worse to happen so they should always do their research before conducting risky actions or decisions.

After that a little bit severe drop that we have experienced recently, on which the market is really that showing green candles now. Lucky for those who do made out some DCA on that particular moment or time on which the current profit on % form or base are really that still considerable but thats if you have bought on that dip. Some are saying that this is really just that some fake green and having that dead cat bounce which it would really be just causing for the price to go down even more. Somehow there's no way that we could tell on what would really be happening in the future. It is really just that you cant be able to tell
on where it would be heading but bearish market is something that you could see for it to be an opportunity to accumulate and hold more, but it would really be that totally depending on what you are holding or accumulating on.

Getting scared or having that hesitance would really be just that normal since we dont really like on experiencing negative but due to this volatility of the market then this is something that will really be that inevitable
to experience. This is why self acceptance and preparedness is really something that you would really be needing up to consider. So that on the moment that iwould really be happening
then you cant really just that make yourself that being too impulsive or easily get panicked.