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Those who are panicked by this dumping and plan to sell bitcoins. Did they invest in Bitcoin without gaining any knowledge? Of course they gained knowledge. Now their plans were not long-term, so they thought the bull run was over and the bear market had begun. Holding Bitcoin requires long-term planning and you have to believe that the price of Bitcoin will go up a lot in the future. If you don't have faith in Bitcoin, you can't hold it long-term just by gaining knowledge. We know the future of Bitcoin is uncertain, none of us can say for sure. But as we have seen, in the past, those who have invested in Bitcoin and held it for the long term have profited, so we have to believe that holding Bitcoin for the long term will definitely be profitable. So we can say Bitcoin has good prospects in future. So if long term plan then invest anytime and hold in any situation.
Hmmm, that sounds good!!!
Those who are short-term holders and don't have any intention to keep Bitcoin for the long term (mini 4-8 years). Then apparently they will be panicking about their investment. Because in shortly Bitcoin always spotted some decent correction. So that's why it's always disastrous for a short-term holder whenever the price of Bitcoin gets dumped like always they are scared from the Dip. But in fact, the real investors didn't care about correction. Whether Bitcoin pumps or not. They always just hang on the HODL strategy.
So before jumping into the crypto industry, we need to get some fair enough knowledge about Bitcoin (investment). From which you will be able to know that Bitcoin can give you a real test of investment in the long term. And secondly, you will be happy to see the dip and say, "Come on, we got another opportunity to grab
BTC cheaply."