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With the sudden fall of Bitcoin price at this early stage of this very month of August, do we even have to see something new as in terms of getting a new price? From $69k back down to $50k as the current price, the market price was a bit strong in heading towards the $70k which was the resistance for the better part of 2-3 months ago now we have been trying to see it get to that amount or even get past it but nothing relatively positive has happened to meet up to that amount and now we have it at $50k which is not in anyway trying to go up, who's going to complain more, old investors who has been hoping for the price to continue going up or the new ones that just saw it getting to $70k and all of a sudden it went back to $50k?

No need to complain whether be it a new investor or an experienced investor, bitcoin investment is all about staying patient. It's better to view every moment that presents itself in our bitcoin investment as an opportunity to grow our investments for more and higher profits because bitcoin always was come through despite its decline in price. Experienced investors can apply their knowledge during price drop to accumulate more Bitcoin at low price because its better to purchase bitcoin when the price is down in other to capitalise on the potential profit when the price rises again. In moment when there is a sudden decline its important to engage in critical thinking, by seizing market fluctuation opportunities that is present and having the faith or the belief of more profit when the the price goes up.

The question is are you having that patience you talked about as an investor? Many are very afraid of losing even if it's a pin, you don't expect everyone to be cold blooded when it comes to funds to start an investment with, some goes as far as to borrow just to meet up and be part of those who invest in Bitcoin. Fine the market price gives us every clear moves it takes but we don't know when it will drop or increases and we have to accept it the way it is and wait for the positive outcome but is never easy in anyway.
Buying when we have the price dropping is not a bad idea and if you check some of what Mr double JG said, he said something about how he managed his own Bitcoin investment during 2015. It is indeed an opportunity but what happens when it keeps going down to let's say $43-$45k? After buying at $53k you discover that you have nothing close to gaining and you know Bitcoin doesn't just goes up like that, it takes time and that's where the fear comes in to make many start selling, to me it has to do with how calm you are when you're being pressured.

The fact that we are not certain about Bitcoin shouldn't make us have the feeling that Bitcoin will Dip and never rise again, before now we all already know that Bitcoin is volatile and one thing I want us to know is that, the volatility of Bitcoin doesn't know or have limit that is why anything is possible it can get to $100k and above today and it can also go below $30k today so we shouldn't be dismayed. What makes people great is being positive at all time and seeing beyond what is happening around.

Apparently it's not only newbies investors that does that, most times even veterans investors feels that fear in them when their is a strong dip in the market and in their wallet, they were having like $10k and it has drop to like 6k to 7k, sometimes, they will most feel that fear, but what will mostly makes them to hold on is the believe and trust they have in Bitcoin, some might panic and still hold on, some might not panic at all, but the majority of those people that sold in panic are those newbies investors, not that they don't know that Bitcoin can still rally back, but because they were monitoring their holdings too much like trades and every news about Bitcoin, without considering the fact that their are more negativity news by haters about Bitcoin than positive ones out there.

So in essence is that the major thing that will make an investor to scale through in the rainy days and hold very strong just as this present dip is when he or she believes in Bitcoin, and it potential in the nearest future, without entertaining what is actually happening now in today's market.

You are actually making sense but I didn't say it's only newbie that feel scared or biased when the market movement is not good or favorable and even if old investor will be biased or scared it won't be like that of a newbie because I don't think if there's anything they haven't seen in the market before I mean they have had that experience several time that is why you would barely see an old investor panic but some newbie always panic not necessary because they lack knowledge but because they don't have experience.

However, an investor is not suppose to be monitoring his/her investment because you can be tempted to touch your investment when you are not suppose to..., Believing in Bitcoin and it's potential lies on experience, how you will believe on something you haven't experienced before and that is still the reason why some persons are panicking but I will urge everyone to have patient and continue investing only then can they have their experience.