Quote from: Mpamaegbu on Today at 09:51:38 AM

Quote from: Dee_BlackdAddy on February 11, 2025, 03:02:50 PM

Well to me BTC is a high volatile asset, that can fluctuate in price over a short period of time...

If you were in this industry before 2018, you won't be seeing Bitcoin as a "high volatile asset" now. To the best of my perspicacity, I think Bitcoin shouldn't be seen that way now. It can stay days without moving $3k in a particular direction this day, except in a few instances. In the past, Bitcoin would go more than $5k on daily basis in unpredictable direction.

As for those who panic and sell off whenever Bitcoin dips, they will have themselves to blame because the dip is just a phase of correction. Corrections are necessary for a healthy market. Market will bounce back.

Yes, there are many who misunderstand the natural correction of Bitcoin and sell in panic, but later regret it when the market comes back. Market corrections are actually nothing to be afraid of, if the investor sees this correction in the right perspective. Corrections are a kind of force, which later pushes Bitcoin even more strongly upwards. So do not misunderstand the market, the market is low now, no problem, you buy more. The market will definitely come back again, and then it will come back with more force.