Quote from: GeorgeJohn on Today at 07:49:41 PM

Quote from: krishnaverma on June 28, 2024, 01:52:49 PM

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 ?

people that will panic when price of bitcoin decreases is newbie in cryptocurrency investment mostly, because I know that someone who has invested in Bitcoin like triple times has acquired the experience of bitcoin kinds of flow in cryptocurrency network, so I know very well that in cryptocurrency people who always be afraid of bitcoin is people who doesn't know the rudiments of cryptocurrency investment and especially bitcoin

So I know quite well that people doesn't trust bitcoin mostly when the price is decreasing in value, but once the price get accelerated, people began to rejoice and praise the existence of bitcoin, not knowing that the price of bitcoin is not constant, I know that bitcoin price what makes it to increase is the level of the demand, so when the demand is not high the price will crash.

Ive known someone or simply my friend whose really that being in this market for 2 cycles or simply its been 8 years on which he still having that kind of reaction whenever the market would really be having those kind of movement on which 10-20% decline or rise on which this what makes him look like a noob but he's actually not but on the actions that he's really that doing then he do look like one. Cheesy

Usually you would really be able to see people around on freaking out on the time that they are seeing deep negatives specially into their investment or portfolio on which instead of panicking and selling out on loss.
Why they cant really just that able to consider on making some buybacks or DCA? People would really be only starting on doing such thing on the time that they will really be seeing those green long candles
on which they should really have done this on the time that the community or investors are at on extreme fear and anxiety. This is the sweetest spot that you could really be able to enter.

Market would really be only having that two possible movements on which it would really be going up and down. It wont really be having that one movement forever on which it would really be that
recommended that you should really having some savings or keep up funds on which is really that intended for DCA specially on the market is really that making that heavy correction.
It would really be that wise on making such considerations on which it would really be something that put you on advantage.