Re: Buy the DIP, and HODL!

Those who panic have no long term plan, they have no confidence in Bitcoin. Maybe they had short-term plans, wanted to make huge profits in a short period of time. We know that if you want to make a profit by investing in Bitcoin, you need to plan for the long term. Don't be disappointed, you can't succeed in investing in Bitcoin if you are disappointed. If someone sells bitcoins now, they may regret it in the future. If you want to invest in Bitcoin, you need to be able to hold the investment in any situation. An emergency fund should be kept, not invested more than you can afford to lose. Don't panic, invest in DCA method for long term.

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.

Most times I just allow anybody that wants to panic because of market position to have his way. every bitcoin investor must understand that market fluctuation is one of the rituals that you need to go through as the Bitcoin investor, so entertaining panic and selling your Bitcoin simple means the person has a short fuse. The market is made in such way that is allows for dip and pump, today the market value for Bitcoin is $81k, we could wake up tomorrow morning to witness it at $100k, that's how the market is, it's a not static in nature, however the Bitcoin asset alone has an overwhelming ability to grow in value over time, which is why most investors don't give room for panic hence there is a dip.

The Bitcoin market is very volatile and unpredictable, it is completely uncertain when its price will go in which direction, the market price is low now, but it can move forward with great pumping at any moment. So one should never panic at small dumping, they should be considered as buying opportunities, every market decline is an opportunity to buy new dips, and those who can take advantage of this opportunity can benefit the most. But most new investors, instead of taking advantage of this opportunity at this time, panic and sell their holdings, thinking that it may fall further. And the reason for this is that they do not know the basic volatility of Bitcoin, they do not have much idea about how Bitcoin can skyrocket in a short time, and because of this they decide to sell. That is why beginners should try to understand the basic issue of the Bitcoin market, once they are truly familiar with Bitcoin, they would never have decided to sell.