Quote from: AirtelBuzz on August 20, 2024, 10:42:01 AM

Quote from: rhodelmabanal on August 17, 2024, 10:39:04 AM

We cant deny it, most of the investors is tempted to sell during dip when they saw thier portfolios losses 50% of its value it is because we have fear, instead of buying more coins they are tempted to sell because they think that dropping of price continue and they don't want thier funds to be loss forever, this is the reason why most of the investors loss and only few percent of them earn.

They will suffer the most when they sell their investment for fear of further losses because if they had been able to hold it patiently for a long time it might have recovered and made a profit. That is why we should acquire proper knowledge about investments before investing, And we should control our emotions while investing.

As you mentioned, if an investor's portfolio loses 50 percent in value, it is a matter of concern. In this situation, bad thoughts will arise in everyone's mind and even they will be tempted to sell it. But if they can patiently hold the investment like a seasoned investor during this tough period then they will see success when the price of Bitcoin increases. Instead of getting upset during the market dip season, one should take the opportunity to buy coins at low prices using the funds close at hand, which can give the investor the desired results if the price rises later.

That is basically the most newbie move that anyone could make in the crypto world, if you know crypto then you know that it always recovers and because of this I feel like we should not be worried about it. I get that it may not feel like it's something we can argue against, it's definitely something we are not really worried about, just let it be and we are going to end up with a good return if we know what we are doing and this is why we do not sell and we hold as long as we possibly could, that makes things a lot better.

We are going to probably see a much better result with time, we just need to focus on whatever we can do for the short term and in this period we may need to hold for long term and ignore short term.