Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Furious 7
on 15/01/2025, 21:41:43 UTC
I think emotional control is also needed by an investor in Bitcoin. Even though it is true that an investor will not be as emotional as a trader, there are still times when an investor also feels irritated and afraid. As is the case at times when the price of bitcoin experienced a decline that occurred in recent years. For a bitcoin investor who doesn't have good patience, and has deep anxiety, I'm sure many people sold their bitcoin at that time. So if you look at this, I think controlling emotions is very important even for a bitcoin investor. Because in my personal opinion, bitcoin investors who will be successful in holding their bitcoins are investors who are able to control their emotions well. Because in my opinion controlling emotions is an important pillar that every investor in bitcoin must have. Because the logic is like this, people who cannot control their emotions well will definitely not go well in every job they undertake. And so does investing in bitcoin. Because you need to know, when holding bitcoin, the main enemy that will continue to haunt us is our own emotions. So if we can't control our emotions, it is certain that the bitcoin investment that we are carrying out will most likely fail along the way.
The fear of losing actually even though it sounds for some people to be normal because it involves money in it but in the end things like this must be minimized especially we clearly have the ultimate goal that we want to achieve and we are already aware of the risk of decline should be when we decide to be in bitcoin because indeed consciously or not we have to admit that being in bitcoin is full of risks so that in the end we must be prepared to lose.

But on the other hand we also have to remember that a decline like this is part of the process and when it decreases we will only experience dereciation in value not loss of bitcoin that we collect so we don't need to worry too much because talking about value then in the end such depreciation will come back again when our target is long-term.

We just need to enjoy volatility in the sense that it does not mean to undermine it but we just don't need to worry excessively because in the end our target is a longer term so a temporary decline will not be nothing in the end.