Post
Topic
Board Beginners & Help
Re: Fear Due to Price Drop
by
Olatundespo
on 07/04/2025, 07:14:44 UTC
not everyone who is bitcoin investor that panic when the price of Bitcoin is going down, the thing is that most of the people that panic to sell when the price of Bitcoin decreasees, is the people who new in bitcoins investment, because someone who is new in bitcoins investment will definitely be afraid of the downfall of Bitcoin, but someone who has witnessed different falling of Bitcoin will not panic to sell bitcoin when the price drops in the market

Because it has been mastered by regular falling of Bitcoin price, if I'm not mistaken, I know very well that bitcoin price is something we need to understand that it never be a constant something, it always decreasees and also increases in price.
Exactly not all people who invest in Bitcoin get worried when  price goes down especially those who believe in Bitcoin and long term holder. Usually new investors who quickly sell their Bitcoin when price drops. This happens because they are still learning about ups and downs of cryptocurrency market. Experienced investors however have seen price drop before and stay calm. They know that Bitcoin price always goes up and down so they are ready for it. Investors need to understand this and get used to it. If they do, they can make better decisions and avoid selling quickly when price drops.
When the price of Bitcoin drops, those who are short term traders want to profit from holding. Smart investors consider the price drop as an event and continue to buy aggressively. You should especially hold on to your Bitcoin holdings during price fluctuations. The correction period may be present to you for a very short period of time. A long term investment plan keeps you stress free if you accumulate Bitcoin from a prudent perspective.
Bitcoin investors should be ambitious because they are investing in the best currency and are responsible for focusing on its growth. Prepare for future financial independence and fight inflation. I consider the price drop as the best event and an opportunity to buy from floating cash funds.