Quote from: DiMarxist on January 14, 2025, 03:43:12 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 .

Use simple phrasal verbs, I don't think you can convert Bitcoin to weak hands". Was it in shitcoins? Well the best price for Bitcoin for lower hands to buy is $20k to $30k or better be still like the way it goes in 2022 June to September. With that those who are not government workers and self-employed can also invest in Bitcoin. And for now 24hours drop of bitcoin price is not enough to enter the weak people hand. If it is 100%, the 24hours might cut only 10% out. That is $100,000 minuses $10 will be $90,000 which is very rare in this days.
Many people are still waiting for Bitcoin price to come to the dip so they can invest while some are investing continuesly with the DCA strategy.

If there are people who are really that panicking on the moment or time that Bitcoins price would dropped down to 20 or 30 on which there are really that people who do sees this as an opportunity on which it is really that indeed an opportunity to accumulate much cheaper but the main hindrance on here is on how you would really be able to fight off that hesitance because the primary thing that comes up into your mind is what if the price would dip down even more? We do know that we do really prefer to buy back on the possible bottom but since this market is really that unpredictable but there's no way that you can be able to spot out on whats the price bottom.

If i do asked out on what price i do consider myself on selling out my coins, then i would say that if that time happens then i would be holding it up until it would become dust. This is the primary risks that you do deal up on the moment that you will be touching up this space. For those believers then you will definitely be having that seeing this to be a golden opportunities then it will be that a good chance for you to accumulate even more. It is really that important that you should really know on how to set up things accordingly. If there are those who do panic sell then they are the ones who are really that not having that enough experience towards this market.