Post
Topic
Board Bitcoin Discussion
Re: Do you also panic when bitcoin price falls more than 10-20% in a day ?
by
RockBell
on 11/08/2024, 20:32:39 UTC
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.

The price for fall of bitcoin should be something that people are supposed to have gotten used to by now because situations like this not only bitcoin experience the rise and fall, this is something that occurs in all markets, being it stocks or physical markets you will still experience rise of fall. The price of bitcoin is always changing due to news and other things. The drop should be an opportunity to those that want to be accumulating, just that the method of accumulating does not work for everyone because the price might be down and you might not have funds to be able to buy, except if their is a reserve that when ever the price comes down you can buy from the reserve.

Does that actually are just investing in bitcoin may not make much money from it if they actually want to hold because If you are holding When you start holding at the price of 60k then how long are you going to wait for a very long time to make the kind of profit you want except if you want to trade. The earlier you start the better place you are to invest in bitcoins. Those that have invested for sometime now or even buy at a lesser price are not affected rather they are in profit depending on the price they buy.