Post
Topic
Board Speculation
Re: The BTC drops is causing panics
by
Awaklara
on 08/07/2025, 17:40:09 UTC
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?
Previously, you entered to buy Bitcoin at what price range? If you did that a few months ago, the decline should not have been too big. Even if you bought when Bitcoin's peak price was $111k, and now it's down to $108k, it shouldn't have made you panic. Unless what happened was your wrong thinking about Bitcoin investment.

Bitcoin will not give you big profits in the short term. If you have planned your investment well, you should put Bitcoin for your long-term plan. If a small decline makes you panic, I also doubt the money you allocate to buy Bitcoin. Don't take too high a risk.