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So, you bought a house for $1m and a year later someone offers you $900k for it. Will you sell it? Why should you? If you're not in debt, have money to pay your bills, you won't sell it, right?
this is an interesting analogy and i really agree with it. there are some investors who sell their bitcoins at a loss just because they are too emotional and can't control themselves not to sell. they are affected by the volatile market and don't understand that what they are doing is just their loss. they don't understand that the volatile movement of bitcoin is only temporary. they sell immediately and don't think ahead. it's quite unfortunate. and if someone thinks like that, then they need to think about an analogy like this, that when they sell at a loss, then they are the ones who lose, while people who buy at that position will benefit later when the market is bullish.
Emotions and Bitcoin investment don't go well, people should begin seeing things differently, you don't invest having a weak response to sudden price changes, volatility is greatly strapped on the market, it's unavoidable no matter how positive the market is can never be in a straight line of profits, accept volatility and wait on the market to move, every investor should have the mindset of holding.