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Quote from: Cipherpz on July 17, 2025, 05:21:44 AM
Bitcoin's market price has suddenly dropped from a high of $123k to $118k. I don't think it's time to panic completely, but it's time to be cautious and patient.
Some in-depth economic or technical analysis, self-control and a risk-taking mindset, and confidence in long-term goals are the most effective steps to take during this price fluctuation.

Do you have a long-term plan in Bitcoin during these volatile times?

$123K to $118K is not what I personally consider volatile. I do not consider anything below 90K as volatile. And to be honest, I would still hodl even if we went sub 90K.

The price corrections are natural: what comesgoes up, must gocome down.

If you panic everytime Bitcoin goes down a few percent, you will eventually panic-sell at a loss, or best case scenario, panic-sell and break even but miss out on the future pump. Making it a potential profit loss but a loss nonetheless.
Original archived Re: “Are you HODLing during this period of Bitcoin price volatility?”
Scraped on 20/07/2025, 23:55:30 UTC
Quote from: Cipherpz on July 17, 2025, 05:21:44 AM
Bitcoin's market price has suddenly dropped from a high of $123k to $118k. I don't think it's time to panic completely, but it's time to be cautious and patient.
Some in-depth economic or technical analysis, self-control and a risk-taking mindset, and confidence in long-term goals are the most effective steps to take during this price fluctuation.

Do you have a long-term plan in Bitcoin during these volatile times?

$123K to $118K is not what I personally consider volatile. I do not consider anything below 90K as volatile. And to be honest, I would still hodl even if we went sub 90K.

The price corrections are natural: what comes up, must go down.

If you panic everytime Bitcoin goes down a few percent, you will eventually panic-sell at a loss, or best case scenario, panic-sell and break even but miss out on the future pump. Making it a potential profit loss but a loss nonetheless.