Is over 3 months now btc is experiencing lost, in my little way I use 1 million naira to invest and ever since then I don't feel like sleeping because my money keeps dropping every now and then, I don't know how long this drops is going to continue because am scared the little money I thought will built empire is shrinking to 200k. Please what's causing these deflection of cryptos and markets. Or should I remove the remaining balance?
Don't worry too much. To calm your nerves, you can look up
Bitcoinbitcoin’s price charts over the past 8 years
—, you'll notice a consistent overall trajectory. There are indeed deep
"dips
" along the way, but the price tends to recover and generally continues to grow. It just might take longer than you originally expected. Set a minimum threshold for yourself, a level at which you're comfortable taking profit. If waiting is too stressful or doesn’t suit you, withdraw your funds when you reach a point that feels good to you. But whatever you do, avoid selling at a loss. Bitcoin is an asset that requires patience.