The price at which Bitcoin is now may be lower than the price at which you bought it, but if you do not sell it at this time and hold it, you will not suffer any loss. The comment you have made plays a very important role for Bitcoin investors. There is a difference between paper loss and real loss, suppose you have invested in a stock and when the market falls, you not sell it hold it in the hope of making a high profit, then it will not be considered as your real loss. Deciding not to sell and hold it for a long time is considered as paper loss. And if you decide to sell later in the face of market volatility, then you have suffer a real loss.

As a paper loss, I think of the instantaneous change in price. Your previous profit is part of the current capital, but if you decide not to sell your Bitcoin, your profit will not be converted into a real loss. And if you decide not to sell because the price has fallen, it will be a paper loss.

I think Bitcoin investing should be a long-term strategy, because in the long run, temporary market declines or price volatility will not be able to upset you. If you follow a long-term strategy or can trust your decisions, then this will be the best way for you to invest in the long term.