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.
If I may say, it’s only those who invested more than they cannot afford to lose that might panic and sell their Bitcoin during this recent dip. I don’t see any reason why someone would start panicking and sell their Bitcoin without even waiting a few weeks or months to see how the market evolves.Even newbies who haven’t gained much experience in the market wouldn’t just make a quick decision to sell their Bitcoin during this recent dip. The dip lasted only two days before the market started recovering again.The only people likely to make such quick decisions to sell Bitcoin are those who invested using funds they couldn’t afford to lose, such as money they needed for something else but they decided to take risk and buy and those should also be consider as traders. Otherwise, I wouldn’t expect anyone to make such a hasty and wrong decision.