Quote from: Jewan420 on Today at 08:12:54 AM

Quote from: Plaguedeath on Today at 07:01:48 AM

It's easier to hold Bitcoin at unrealized loss instead of hold Bitcoin at unrealized profit because I trust 100% with Bitcoin, so I believe whenever Bitcoin price falls, it will bounce back in the future. However when Bitcoin price at unrealized profit, now I don't know when should I sold my coins.
I've never sold my coins, I'm planning to flip my coins to sell at the top and then I will buy it when Bitcoin price in bear season.

Bitcoin prices falling is not a special event. When the Bitcoin price decreases in value, there is a greater chance that the Bitcoin price will increase further. Because we have seen in the past when Bitcoin dumps then we see a big pump in the Bitcoin market.

This aspect of the Bitcoin price pump is what separates Bitcoin from all other coins. If you plan to invest in Bitcoin and decide to hold it for the long term, learn to enjoy the time without panicking when your Bitcoin dumps and the decision to be aggressive in investing will not prove wrong. If you can afford it, when the price of Bitcoin goes down, it is good for you to buy more Bitcoins at a lower price and accumulate more Bitcoins in your portfolio. So don't panic during market downturns and keep on buying. A fall in the price of Bitcoin means we are about to get a bigger one.

Every Bitcoin price drop is not a special event for those who have not had time to take advantage of it at that time and for some people who have made a profit when the price goes up, of course they will take advantage of the moment to collect Bitcoin again and hold it again for a certain period of time to make a profit. When someone wants to maintain their assets in the long term, of course they must be patient and not panic with the price movement that is decreasing, but for those who have a good understanding of the Bitcoin price movement, of course they no longer feel panicked when they see the price decrease, but they will try to collect according to their abilities and maintain it in the long term.

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