it is true that it is natural for new investors to panic sell their btc when the btc price drops, and usually they sell their btc and continue to buy it back when the btc price has fallen deeper than the price when they sold it. but of course in my opinion doing this is very risky because of course we can't necessarily buy it back as expected. and of course usually people who panic sell are usually those who intend to invest in the short term. but in my opinion it would be better to just hold it if the btc price drops because of course investing in btc will not be possible to lose if it is for the long term.
yes of course for people who can take advantage of the decline in btc of course they will have great potential to get profit by buying it and of course for people who can hold btc will also have the potential not to experience loss as long as they can hold it until they can get big profit.
Source: Binance
currently the btc price is falling and of course we shouldn't be afraid and of course very lucky for those who are doing dca at today's price. yes even though buying btc does not look at the btc price, of course if you buy btc today there are certainly more benefits. spirit for those who dca.
For beginners who do not understand this and panic selling is a mistake that will be regretted later, but the positive side is that what has happened is a valuable lesson in an investment that they will make in the future.yes of course for people who can take advantage of the decline in btc of course they will have great potential to get profit by buying it and of course for people who can hold btc will also have the potential not to experience loss as long as they can hold it until they can get big profit.
Source: Binance
currently the btc price is falling and of course we shouldn't be afraid and of course very lucky for those who are doing dca at today's price. yes even though buying btc does not look at the btc price, of course if you buy btc today there are certainly more benefits. spirit for those who dca.
Overall, we can see how someone can panic sell even though the price correction that occurs is not that deep and the graph from the last few months also shows an increase without a drastic decrease, so there is no reason for those of us who already understand this to panic sell, in fact this is the right time to buy again to add assets to the portfolio or hold on to what is there.
For long-term investment, I think no matter how much Bitcoin costs, we don't need to care, we only need to focus on the strategy we use to collect Bitcoin, but for short-term investment or taking profits in a short period of time with a worthy risk, I think entering now when the Bitcoin price is slightly corrected is the right step.