Many people see Bitcoin as quick money but they is another side to it, the pressure attached every decision or move in the market and your heart begins to beat fast sometimes it goes up and you are happy then it dumps and you begin to panic. Their is profit and their is pressure too. Sometimes I wonder if am the only one feeling this mental stress when trading BTC. How do you guys handle the pressure? Do you guys HODL no matter what happens or you sell quick so as to avoid regret? Because the pressure is real.
I am new to Bitcoin so I like to learn different things about Bitcoin. I have come to know that Bitcoin is not a good option for trading. Investing in Bitcoin is the best way. Bitcoin has several features, price volatility is one of them. I have seen that no matter how much the price of Bitcoin drops, the price returns to its previous place. Considering this aspect, no matter how much the price of Bitcoin drops, there is no question of us feeling pressure.
If we invest for the long term, then it is possible to withstand pressure. But if we trade Bitcoin, then it will be very difficult to handle pressure. So I would like to say, Bitcoin is a best option for investment. You should not lose money by trading Bitcoin.