Post
Topic
Board Speculation
Merits 2 from 1 user
Re: The BTC drops is causing panics
by
AprilioMP
on 09/07/2025, 10:00:14 UTC
⭐ Merited by vapourminer (2)
The bitcoin is not depreciating? Therefore, I hope you don't worry. It won't make you lose it all. If the current value has decreased from the amount of money you bought, you will smile happily later when the market increases in price.
I am referring to Bitcoin. Don't worry.
I feel the OP doesn’t know much about bitcoin. He should know that the only thing that’s reducing is the price of bitcoin, but the amount of bitcoin in his wallet still remains the same, so what the OP is just suppose to do is just to keep on holding his bitcoin, and their is nothing to panic about, as long as you can hold for some time, then bitcoin price will bounce back, so I don’t see anything to be scared of.
In addition, my OP thinks that he considers Bitcoin and crypto the same.
Bitcoin is a long-term asset that he shouldn't worry about when the price drops. But it's true that he may not understand how the market works.

Quote
Maybe the reason why the OP is scared is just because he is in need of his money, maybe he has something to do with the money now, and bitcoin price is down, if he will be selling it right now, then he will be at loss, maybe that’s the reason why the OP is just scare.

If he needs money because he doesn't have any other savings, it will put him in a bad mood.
It could be that he bought because he was motivated by someone who introduced him to Bitcoin. When the OP is made like this, I think the person who introduced him to Bitcoin and crypto lacks the knowledge that he should have first before motivating others.