Quote from: ginsan on October 12, 2024, 09:44:27 PM

Quote from: Pandu Geddon on October 12, 2024, 03:39:50 PM

That's because more experienced investors know the long-term plan for holding Bitcoin. they have enough experience in the past how Bitcoin moves. and maybe that's what novice investors don't have who are still a little afraid or maybe even panic about the downward price movement. because if you monitor the value of your portfolio it will decrease. no wonder those who are still beginners will experience this. I'm sure a better understanding will begin to exist in novice investors when they notice how their investments grow and decline over a certain period. this process also requires understanding from every investor.

Worry must be thrown away if you want to implement long-term investment. Worry can lead us to make mistakes in the journey of long-term investment. Of course, not all of us have the same thoughts, therefore mental support is needed for beginners who want to run bitcoin investments for the long term. Of course they can start with a small capital while they strengthen their mentality when market changes occur significantly.

Yes, every investor has their own risk tolerance, beliefs, knowledge and investment goals. But the best way to not worry easily is for investors to be able to manage Bitcoin volatility by not trading it too often. Bitcoin is an asset that can be left to run for the long term, when in extreme sentiment, investors must be able to control their emotions by rebalancing the number of assets, the situation will return to a profitable point because so far it has been proven with good performance and is increasingly popular. As growth increases, volatility decreases over time, with wider adoption, volatility will likely be lower than it is today.