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
Those who invest in Bitcoin get used to price drops and news about Bitcoin after a while. Those who realize the potential of Bitcoin are not affected by these drops, on the contrary, they see these drops as an opportunity.
Those who start investing in Bitcoin today may be affected by price drops, but those who have been investing for a long time are not affected by these drops. Those who make their investments long-term do not worry about these drops because their goals can be realized in the long term.