Is this a common occurrence for cryptocurrencies?
Bitcoin= sound money
Why are you surprised? Bitcoin has always been highly volatile. Hopefully, you didn’t panic with that drop because if you’ve been around in the early days, you would’ve seen even bigger crashes, ones that made people think the whole market was done for. If you’re holding long-term, you’ve got to keep that conviction strong. This is just normal price movement. Only weak hands fold under pressure… are you one of them?