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 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.
I think it is not always good to keep emphasizing on making profit because there is no guarantee with that, instead we should invest and continue to accumulate and hold for a longer term.
What is the essence of investing for a long-term of two to three cycles if not for profit, if profit is not necessary then we should not be here discussing Bitcoin price.
The profit one makes in Bitcoin accumulation for one cycle can't be compared to the money you used for that investment which you are now enjoying,so in any investment we go into profit is very important to checkmate.
Some long-term investors that you see selling their Bitcoin must have reached the peak of their accumulation and that is why they are selling and some are badly in need of money mainly hen it comes to health issues since they don't have where to get their needed cash, so they don't have options than to sell their btc to solve the problem.
The set of persons now running to sell their Bitcoin are traders and short-term investors.