Post
Topic
Board Bitcoin Discussion
Re: How much of drop in Bitcoin price is enough to convert you to weak hands ?
by
mirakal
on 04/01/2025, 22:45:13 UTC
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 .
It's not what you think. Once you're a firm believer of crypto, you deeply understand how btc moves in the market. So instead of falling into a weak hand after a huge price drop, you resort into motivating yourself to buy more bitcoin while there is a big opportunity happening. Because after that, bitcoin will eventually recover again, you are sure of it because you know bitcoin well, only less knowledgeable people only turn into weak hands once btc price drops all of a sudden.