Absolutely , Long-term investors always play the patience game they understand that dips are just part of the process, not the end of it. DCA and a solid strategy give them peace of mind when the market shakes.
But yeah, it’s the short-term traders, especially those who buy in at the peak, who really feel the pressure. Emotions tend to take over when there’s no clear plan or long-term vision behind the moves. CZ really hit the nail on the head with his perspective
In the end, it all comes down to mindset — long-term thinker see dips as chances not setback.
If You can't Hold, You Won't be rich, these are words that always appear everywhere in the crypto space, But yeah, it’s the short-term traders, especially those who buy in at the peak, who really feel the pressure. Emotions tend to take over when there’s no clear plan or long-term vision behind the moves. CZ really hit the nail on the head with his perspective
In the end, it all comes down to mindset — long-term thinker see dips as chances not setback.
so there are more people who are motivated to become a Holder or a trader who makes the right decisions.
Types of investments Short term or long term depending on how the initial strategy is applied, If you are making short-term investments by making instant profits in crypto while trading,
then it is necessary to see how the strategy will be carried out.
If it is for the long term, it is only necessary to buy more at a low price and hold it until the main target price is reached.
Today BTC price action has fallen below the weekly average so it becomes more credible to see weakness develop over more then just one day.
BTC fits into that scenario as its now challenging 115k and if it can close below that then we presumably return to 108k to test support there.
1 day bars shows that better then 4hr bars with this area now being the platform forming the initial breakout from the old ceiling.
This is just a normal market correction in my opinion, because the hype of BTC is quite high but then when the ATH is reached, price consolidation is needed for the market chart to be better and normal. BTC fits into that scenario as its now challenging 115k and if it can close below that then we presumably return to 108k to test support there.
1 day bars shows that better then 4hr bars with this area now being the platform forming the initial breakout from the old ceiling.
The possibility of dropping to $115k is possible and now it's still at $117k but for a lower price it will probably depend on how the current trend is, but I hope it still bags $100k.