Quote from: ndutndut on April 10, 2025, 07:03:03 PM

Quote from: retreat on April 10, 2025, 07:46:02 AM

Panic is just a waste of energy in the current market position, just look at the price of Bitcoin a few days ago it was around $75K USD, and many predicted that it would dip even further, but in fact it gradually recovered and now it is at $81K USD. Just imagine what people who panicked yesterday selling their Bitcoin because they were afraid that it would dip even further, but in the end the price went up, they will definitely regret selling it or not trying to buy some to increase their investment. If only they had the conviction to maintain their investment and think more in the long term, maybe they would not have sold the Bitcoin they had so quickly in such market conditions.

This is the importance of analyzing and researching independently before investing in bitcoin. When we know the pattern of bitcoin after halving, that what is happening to bitcoin now also happened 4 years ago, they will not panic. After halving, the price of bitcoin will definitely go down and then go up to reach the highest price. We just need to be patient until that moment comes.

The panic also occurred because they were consumed by the latest news about global elite policies such as increasing import tariffs and so on. Even though the decline only happened for a moment, because of course it was also a moment for big investors to take advantage of the cheap price and it is proven that bitcoin is currently slowly recovering.

Analyzing, research and past event is not enough reason for you to start investing in bitcoin. The halving is a good example but think of it, just because in the past the prices pumped after halving it then mean it will happen again. There are several factors that are affecting bitcoin and at any point in time it can affect bitcoin in a way it doesn't follow past performances. Conditions like economic situation, interest from private or public institutions, global sentiment, and political ambition with a lot in the list. Past performance in bitcoin is only an indication where people speculate on how the performance will be in the future, but it doesn't guarantee it will repeat itself. I think what should be in the mind of every investor to solidify their hope in bitcoin is the fact that over time bitcoin is more profitable. This prove alone is enough reason for anyone to start investing in bitcoin and hold for long term. What will be the price next week, next month or next year shouldn't be a problem for a long-term investor. However, it will be of great benefit when we study bitcoin performance history as it will guide us to follow a right part, but we should always be realistic when making decisions knowing that anything can happen in the market in short interval instead of investing blindly because of past performances.