A few days ago, there was or was a big fall in the Bitcoin market. At that time, many people told me many things and I have heard many people on this forum say that maybe the price of Bitcoin will not increase anymore. At that time, I had no words to say. But today I want to say that the market price of Bitcoin is above 96 thousand dollars. Bitcoin has proven itself again that I am the best of all. Those who said that the Bitcoin market will never recover, were proven wrong again. Those who panicked and sold their holdings during this fall are regretting it today. The risk is very high in the short term but the risk is much lower in the long term investment. If you look at this fall, you will understand why this is said. This fall will be a great example for new investors why it is necessary to invest for the long term.
The price of Bitcoin can't be predicted, and if you speculate on the Bitcoin price and think that is what it will be, you will definitely make wrong decisions in your investment. For sure, people will always speculate on the price of Bitcoin, but it is moving in a way that nobody can ever predict what it will be like. People are always out there speculating on the price of Bitcoin, and if you pay attention to what they say concerning the price of Bitcoin, you may lose track. Once you make up your mind to invest in Bitcoin, take a good decision to hodl without being distracted by the price of Bitcoin because this has always been a challenge for young investors, who find it difficult to resist the fear of volatility. After they sell their Bitcoins, they often realize they made a mistake by selling when they were not supposed to sell. Young investors need to be eager to hodl Bitcoin and even accumulate more, and never allow the price of Bitcoin to make them panic, which will lead to selling at a loss. The volatility of the market shouldn't decide when to sell; rather, let the profit one has been able to achieve in Bitcoin investment determine when to sell.