Quote from: Miles2006 on Today at 10:10:37 PM

Quote from: krishnaverma on December 20, 2024, 03:08:23 PM

How much drop in Bitcoin price in 24 hours is enough to convert into weak hands ? We all have some trigger point ? Even if you are a firm believer in crypto, it can be hard to remain invested if there is major correction in price over very short period of time .

Just imagine bitcoin price drop down badly same way the market experienced a high price range earlier till date although the price seems unstable. I can’t tell because I have not experience the drama yet even if I did panic to an extend I might not sell, past record is a perfect motivation why anyone should keep going. Bitcoin weak hands might be as a result of our expectation else bitcoin is volatile so we should be ready to expect the least.

they always think about the pump and didn't consider those dumps which is normal incident happening on Bitcoin then provably that they would get scared in this situation and cannot think about doing other counter action.

If these people will just hold their Bitcoin and erase some thoughts about trade it or trying to aim for quick profits then maybe this would make their belief strong and also they will not worry about any dumping or pumping situation especially if they know that this is much pretty normal for Bitcoin.