Quote from: GIF-JOBS on Today at 04:31:24 PM

Quote from: Bd officer on Today at 01:56:05 PM

Quote from: Gost ms on Today at 07:57:53 AM

It is natural for a new investor to panic when he sees a fall in the market. But a person who can use this fall without panicking can be expected to overcome all obstacles and profit from the investment. Continue to buy aggressively without panicking during the fall If someone does not have enough money to buy aggressively, then continue to buy continuously and not be too scared when they see the fall.

It is normal for the price of Bitcoin to fall, so one should not panic when the price falls, but try to buy more Bitcoins when the price of Bitcoin falls. Now a few days ago the price of Bitcoin fell a lot, many people panicked and sold Bitcoin, they all regret it now. Now who panics when the price of Bitcoin goes down? Those who plan short term decide to panic and sell bitcoins when the market goes down. Those who plan long term never panic when the market is down, rather they try to buy more.

Volatility is a natural thing, and it will always be there, and in this there is an identity of long-term and short-term holders, those who have a short-term holding attitude, they decide to sell in panic during every volatility, but the real holders have the mentality to use the opportunities of that time and accumulate more Bitcoin, that's why as a result, they can always benefit the most during every bull market. All in all, if you want to achieve something good from Bitcoin holding, you must maintain a long-term mindset, and buy more during every volatility, and only then is it possible to achieve something good from Bitcoin holding.

Bitcoin is a long term project from the beginning. Market volatility is just a route to bitcoin strength and also makes room for improvement always. Selling in panic is a thing of the mind and holding is also a thing of the mind.

One big factor common to most Panic sellers is the urge to invest bigger than you can hold due to a given dip or possible hope for a dramatic rise. This leads some into investing away from their discretionary income down to all or part of their back up and emergency funds. Some even go to the extent of borrowing to invest. All such practice are not healthy for long-term goals.
Others involved in short term bitcoin sales are real traders. They are intentional about not holding for long and only gamble bitcoin daily, spending nights on the charts. This does not still guarantee success, it only sets them up for potential loss.

DCA approach makes bitcoin investment less stressful. It allows anyone to maintain whatever assets he has accumulated while adding more to it. It would be terrible if after all the teachings in this thread and some other educative thread in this forum and someone still looses his funds to bitcoin trading.