Re: Has anyone ever studied how Bitcoin could dramatically drop?

I hope this will never happen of course, but for who have invested capitals, it may be a question someone have answered accurately to avoid an important loss.

There is no need to worry too much about Bitcoin's journey because you can check it on historical data and even though Bitcoin has experienced a fairly sharp decline in its journey in the market, there is always momentum for Bitcoin to rise again so that its price in the next cycle will increase. Excessive worry actually occurs because someone does not understand Bitcoin's journey so they feel panicked and worried when Bitcoin experiences a fairly sharp decline.

Forget about the decline and increase your investment responsibly so that you will see new price movements in each cycle that runs and most importantly do not panic so that it will be much easier for you to understand the journey process.

Panicking are mostly associated to those who approaches Bitcoin investment in terms of seeing it as a quick and get rich scheme for short term profit maximization within the shortest time frame, anyone thinking about Bitcoin investment should have long term perspective hence there wouldn't be any need for panicking because you are not yet ready to sell but to keep increasing and holding and that's is the best approach because it values can appreciate over time resulting compounded value of the assets over the long term. However, anyone investing from his or her discretionary income is not meant to panic because it is assumed that the basic needs are already taken care of.

If you are really that having that wrong perception about Bitcoin investment or just like on what been said above on which its about being a quick rich scheme then you would be having those reactions on which whenever the price do make out some small retracement or pullback, then you will be having that kind of thinking that it might go even more lower on which this will really be causing up for you to panic sell whenever it drops and will be buying out at the moment that it will be starting to pump up. This is the usual case on which most people that been trying out to do specially if they do still lack knowledge and experience towards trading or investing with Bitcoin. Whenever you hae decided on making up some investment on which it isnt really just that limited to Bitcoin but also in other things as well then it will be that proper or in should be default that you will be thinking about the proper information and be that applying with these things or ideas that you have been able to read. Drops and pumps are normal in a market because it wont be called a market if it wont really be having those ups and downs.