Post
Topic
Board Bitcoin Discussion
Re: Do you also panic when bitcoin price falls more than 10-20% in a day ?
by
coinerer
on 11/08/2024, 11:02:34 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 ?
Regarding Bitcoin we know how much potential Bitcoin has for the future so a 10-20% dump is not a bad comment about Bitcoin.  If one wants to make a long-term investment, one should not panic because after a period of time the price of Bitcoin will increase.  Recently Bitcoin had a big dumping but look how much it has recovered today.  While such dumping is alarming in short-term investment, it may not be a problem in the long-term.  And those who are afraid of seeing such will never be able to hold