Post
Topic
Board Bitcoin Discussion
Re: Do you also panic when bitcoin price falls more than 10-20% in a day ?
by
MiF
on 12/08/2024, 12:43:41 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 ?
Well if you get affected on that 20% drop of price in a day then i can say that you are still new in crypto or maybe you still did not experience some huge drop of its price before, bitcoin is always in a pump and dump situation for so long and it is not new to us or to those who are following the bitcoin when it is still very low at price. Bitcoin experienced so many trouble before which makes its price sink into the bottom but it rise back so for me it is not a big issue when it drops 20% in a day as long as it has a value there is a big possibility that it will rise back.