Post
Topic
Board Bitcoin Discussion
Re: Do you also panic when bitcoin price falls more than 10-20% in a day ?
by
bubilas
on 07/08/2024, 11:37:50 UTC
Are you one of those who get panicked when bitcoin price falls by 10-20% in a day ? Or you are no longer affected by such price drops and continue to invest on each dip ? Any suggestions on how to control own feelings in case of such drastic drops in bitcoin price ?

On the contrary, I am only happy about this. I have long understood that HODL is a stupid strategy, and therefore when the price reaches a local maximum, I sell my Bitcoins and transfer money to stablecoins. And this is the only correct way to increase your deposit. Therefore, now I am waiting for Bitcoin to fall, and the lower its price falls, the better it will be for me. I advise you to think about a similar strategy. This is how bears make money in the market.