Those who are genuinely interested in Bitcoin will never be afraid of Bitcoin volatility. If you study Bitcoin's past movements well, you can understand very well how possible Bitcoin is in the long term. For Bitcoin investment, you must first improve your financial situation as much as possible, because Bitcoin is a long-term investment journey. If you want to get something good, you must have a long-term plan. Bitcoin cannot make you rich overnight. If you think of getting rich quickly through Bitcoin investment, it can give you negative results instead of positive results. So, you must maintain the right mindset, learn to adapt to the fluctuations of the market, and have the mentality of buying more by taking advantage of the volatility, only then will a good portfolio be created.
If we are not talking about the old investors, it is very natural for new investors to be afraid at first. Even if they have faith in Bitcoin and proper knowledge about Bitcoin, it is very natural for them to be afraid. Because they do not have this experience, as time goes by they will gain experience over time and learn how to be free from worries and overcome fear over time. Even those who have proper knowledge about Bitcoin and faith in Bitcoin, even those who are afraid, should invest in small amounts at first so that they are less likely to be emotional about their investment. It is very difficult for a new person to determine how to maintain his psychological balance.
Of course, past performance does not determine future results, but evidence supports that Bitcoin is a very good long-term investment. The market can go up and down at any time. I think a downturn is a very good time for an investor. Because during a downturn, one should buy as aggressively as possible. If one does not have the ability to buy aggressively, then one should continue to buy consistently without fear.