But due to the ongoing war in the current world, the price of Bitcoin may decrease a little more. However, there is nothing to be afraid of in this price decrease. Bitcoin has a special feature of price fluctuations. A bear market will be very happy news for holders like us. Since the price of BTC has reached 99 thousand today, I think investors have got a special opportunity.
Maybe the market went down a bit due to the attack on nuclear facilities in Iran from the USA. But we don't know the exact facts but many believe that the market went down a bit due to Trump's attack on Iran's nuclear facilities, yesterday the price of Bitcoin fell from $100k plus to $98k. But today the price of Bitcoin is $100k plus. So one should be disappointed by this type of dumping because this dumping is never long lasting. I believe people who have long-term plans are not disappointed by this type of dumping. Now who is disappointed in this kind of dumping?
People who plan short term or expect to make a profit in a short period of time get frustrated. We know that short-term investment can never bring success, short-term investment leads to loss instead of profit. So always invest with long term planning.You are very correct on what you said here in your write up, people that mostly get frustrated about this dump is mostly traders, because they have intention of making quick money in the market, but those that have long-term thinking in the market, wouldn't be bothered because they know that bitcoin is seriously on the rise, this is just a pull back that is very normal in the market, so their is no cause for alarm, unlike traders that are feeling as if they are losing now that the market is making a pullback.
Furthermore, I don't really think that their is anything as short term investor, it's either you are a long term investor or a trader that sells at any slight increase in the value of bitcoin, nothing more.