Quote from: Lucius on July 19, 2025, 10:29:22 AM

Quote from: Majestic-milf on July 18, 2025, 10:56:03 AM

Don't blame the Op who feels this is the worst time yet for Bitcoin price just because we observed some brief correction because this is only a tip of what you may have experienced in your years of holding, right?
I always tell people that nothing good comes easy and for you to better value what you have, there would be situations that would test you patience level and in the case of Bitcoin, the fluctuations in price is one of them. Instead of bothering about how quick prices tend to drop after putting smiles on the faces of investors, why not take that time to accrue more since in every bad event there's always a silver lining.

I don't blame him, but I encourage him to start thinking differently, unless he is someone who is a day trader (or wants to be one), so 3% or 5% means a lot to him, even though such percentages on smaller amounts are no loss/gain. The sooner he and others understand/learn some things, the sooner they will stop being easy prey for those who profit from such people.

Day traders will not mind any volatility at all, they will keep on trading however they want. The day traders hates us the most, because we are long term holders and we do not give them our money to play with. I had so many traders who call me "bitcoin killer" because people like me who do not trade, or do anything with our bitcoin, are basically killing bitcoin since we just take it off the shelf and not put anything back, like how bitcoin is not being active, so holding is bad for them and they hate it.

But in reality, it benefited me so far in my life and I have made some great amount of money without a doubt. Just hold, buy it and hold. Right now the price is huge, so maybe it is not a great amount at the moment, but it is great for the long term when it goes back down again and you get in early.