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.
Anyone that takes because of the recent dip that happens and sells his bitcoin, the person was never investing in bitcoin for the long term; the person was only chasing after short-term profit, but the person was caught with a sudden dip, and the person had no choice but to sell his bitcoin to avoid any further loss because the person cannot afford to hold bitcoin for the long term. The dip will never make real investors sell their bitcoin at a loss because they are used to it, and before they started investing in bitcoin, they knew bitcoin was volatile in nature and a dip could happen from time to time. With the opportunity that the market has represented to them, their concern will be how they will buy more bitcoin cheaply and not sell it cheaply.
Our recommendation for Bitcoin investors in both bull and bear markets is to accumulation through discretionary income and try to build a large stash over the long term regardless of the price. You will notice a calm attitude during the price decline or bullish period among those who are constantly DCA Bitcoin and are reluctant to hold Bitcoin even after considering a point target. An example of people who sell at a loss is that they do not care about protecting their assets over time and as a result of trading thoughts they lose themselves in the short term. They expect to make quick profits and quickly lose. They also neglect the expectation of high future profits to get temporary profits and regret it later. In order to make your investment according to the expectations you want to see under proper consideration you must regularly invest any amount.