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 .
One can easily turn into weak hands once bitcoin suddenly depreciate its value all of a sudden, instead of seeing it surging high. It could be 50% or30%, that is already a big disappointment for us.
But upon seeing that, the more that we become motivated to hold our coins more. Otherwise, if we will sell at a lower price, it would be a loss for us, and prior hodling will only lost its essence if we only end up on panic selling.