I'm crying right now literally, all my profit are gone now but I know this is just temporary. Hopefully, $30k is the bottom already so we can end this day at least on a good bounce. I'm expecting a correction but not like this, in just one day it almost burned out my portfolio and liquidated my positions already, too bad to those who bought at the peak price, just keep holding for now.
I guess you're fine my friend. As long as you're not selling anything at this current rate, you won't lose anything.
Just like what you say "it's temporary". Bitcoin won't be staying at the bottom forever. The market goes up and down. Nevertheless, this is a major retracement after a long bullish run since the late 4th quarter of 2020.
However, Btc seems to be bouncing back to $40,000 level everytime It falls near $30,000. That only means, there are still accumulation happening when majority has been dumping.
its all over when they do see their money is going negative without even realizing or thinking that this is just a normal stuff into this market on where
price could either go up or go down and its true that as long you dont sell out your coins then that wont really be considered to be lost since you can
still always have an option for you to hold until recovery would happen and make you break even but somehow the said time is unknown, so patience would be tested out.
