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 ?
Suppose I invested 1000 dollars when bitcoin was 73 thousand dollars and till now the market is down to 61 thousand dollars so till now I hold my investment I decided to sell my bitcoins until I come to profit I won't do it. Even if bitcoin gives 10-20% percent dumping in a day, I am not upset because the crypto currency market is completely uncertain, any kind of situation can come in this market at any time, so I have been in such situations many times from previous experience. So no matter how dumping-situations the crypto currency market goes, if you keep your investment for a long period of time, your investment will definitely return to profit at some point.