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 ?
It’s natural to feel uneasy during drastic drops, but controlling your emotions and sticking to your plan will serve you well in the long run .I have emotions , so I
experience panic during price drops, let's share how am I managing emotions when Bitcoin drops significantly.
I've committed to a strategy like Dollar-Cost Averaging (DCA), remind myself that short-term volatility is expected, and my long-term goal is to accumulate Bitcoin at different price point.I always remember that Bitcoin has experienced multiple corrections in the past and has often rebounded. Understanding historical trends can help me stay calm.