Post
Topic
Board Nigeria (Naija)
Re: Scared to hold Bitcoin?
by
Princess Leah
on 02/03/2025, 12:41:02 UTC
Is Norma for one to feel emotional in this space we all humans so we are emotional being , we all pass through those stages of getting emotional due to market conditions, but after getting some vital knowledge we began to understand the system of holding in this space especially when it comes to bitcoin, so anyone that’s feeling emotional whenever there’s massive changes in market will also understand the system and benefit of holding bitcoin as time goes on .
Yeah to me is only beginners are scared of the dip market, expert and investors see dip as an opportunity to buy more. In fast some investor pray for bitcoin to be dip for then to invest more, while learners are crying and selling off in di market experts are smiling. It's just stages as u said, once you have the good knowledge nothing will ever scare you about Bitcoin again. 

It's legit and simple just hold for long for a long time you will smile to the bank. Don't let anyone scare you or discourage you, bitcoin will hit soon just buy if you have the money to buy and hold. Then stop checking your wallet if you're not a daily trader so you won't be emotional.

Yeah, some who's got an experience, that's been holding for long doesn't have any reason to get emotional over the negative effect of the market, they'll see that as an opportunity to buy more Bitcoin at cheaper, they'll already know that Bitcoin is volatile and it's price fall and rise up again overtime, anyone who panics or get emotional is either a newbie in bitcoin, trader or someone who's idea for bitcoin investment is for short-term profits.

 That's why it's good for newbies to not only learn about the Bitcoin investment but put it to practice, so they'll fully understand it better and won't get emotional when there's a dip, atleast if they buy and hold for long-term, by then they would got to under that there's no need to get emotional whenever the market bleeds.