Quote from: Dacosta Osei-Tutu on June 19, 2018, 01:07:30 PM

It is an undisputed fact that those are affected much by this sudden drop in bitcoin price are those who bought it in December last year when bitcoin was skyrocketing. I understand the emotional trauma you are going through. Nobody will be happy watching his investment losing value like that. I want to encourage you that the downfall of a man is not the end. In June 2017, nobody ever thought of bitcoin hitting $20k by December 2017 and that is the beauty of bitcoin. It takes only minutes for bitcoin price to either rise or fall. Never dump your coin out of fear. Let's keep our fingers crossed and hope for the best. If you understand that Bitcoin is a long term investment, you wouldn't panic when the price falls within some short period of time. We will all laugh soon

You are on point. it will be quite traumatic for those people in this category. However, there is a possibility of geometric increase as far as the people are patient. Hence, its better to keep watching the market than to sell at loss

Xcelol

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