Quote from: Zackz5000 on April 07, 2025, 08:40:23 PM

Quote from: Joy- maker on April 07, 2025, 06:01:07 PM

Quote from: Bd officer on April 07, 2025, 05:10:58 PM

Bitcoin price dropped a lot today, but pumped up a bit again. Currently the market is very volatile, so many may panic and decide to sell Bitcoin. Maybe many panicked and sold bitcoins. Now those who will decide to sell bitcoins after getting disappointed in this decline, are not really real investors. Those who are real investors will never panic at this decline, instead they will see this decline as an opportunity to buy dips. I am not disappointed with this decline, I will continue to try to buy more.

I believe those who sold there bitcoin in panic are mostly newbies and now they finding it difficult to buy back, because they really lack understand that bitcoin is a volatile asset, that it price can fluctuate rapidly and unpredictably. Most newbies this days don't want to take their time to understand how things work in the industry, bitcoin dumps to restructure again and many newbies fail to understand this.

Those who panic and sold there bitcoin early properly lack the understanding of bitcoin and it's characteristics, some sell when the price low thinking it may go more dip some also sell when the price is high to make little profit and hoping to buy back when the price drop i still classified these two as traders/gamblers because they lack the patient to accumulate and hodl bitcoin for long.

Those who have this kind of thinking are deprived of long-term success, because Bitcoin is a long-term asset, so what is the point of being afraid of short-term volatility? That is, he does not believe in long-term possibilities, and those who cannot hold Bitcoin with a long-term mindset will never be able to achieve real success in Bitcoin.
When the market is a little down, they make a sudden decision, sell out of fear when the price drops, and sell out of greed when the price rises for a small profit, these are completely trading-like behaviors. In this way, they will never be able to achieve big success, they will be in the midst of such small profits and losses, and when calculating profits and losses, their profits are very limited on average.
But if they had not been afraid of this volatility and had held continuously with a long-term perspective (the next 8-10 years), then after this time they could have achieved very good profits. And those who truly understand this matter are never afraid of volatility, they continue their holdings regularly without interruption, and their chances of success are the highest.