Post
Topic
Board Bitcoin Discussion
Re: Do you also panic when bitcoin price falls more than 10-20% in a day ?
by
Peanutswar
on 15/08/2024, 14:47:12 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 ?

With these recent experience in the market volatility since 2019 I guess I don't care at all if the price drops with 10% actually the price possible daily drops with 2% and it seems gives nothing at all to me instead a greater opportunity to buy more coin if I have budget, my goal is for a long term with the bitcoin and wait for the next price that gives me a good profit, but if you are just a quick trader seems this could be painful to see that you lose already in a day. So still it depends on the user activity how they will react with the market price.