The ups and downs are just normal in the type of market we are all currently in. Actually many of us in here have suffered and endured more than the declination we have been experiencing right now if you will compare it from the past years wherein it is nearly to be stated the downfall of Bitcoin because it have taken years before its price have bounced back to the great heights. No matter how low it is, I will still not be selling my Bitcoin for I know
its capacity and capability to grow. Instead, I would rather acquire more while it is cheaper compared to its price that is incredibly expensive to afford.
If we compare the fall of Bitcoin in previous years, the current fall is still better. So it's best not to sell our Bitcoin right now, because there is
a possibility that Bitcoin will recover in the next few months. Sometimes many people forget, it does require patience if we want to succeed
in getting big profits from Bitcoin investments. We better collect Bitcoin for now, based on the history of Bitcoin movement, usually Bitcoin will go higher if the correction is deep enough. Hopefully by the end of this year Bitcoin can rise to the price of $100k, as predicted by many people.
True, and people don't realise that. When you compare the Bitcoin price even if it had dropped to that $25k some people thought it was going to do, it still would have been better than the ATH of 2017/18 season which was about $19k+. Everything is patient when trading in cryptocurrencies. Again I will always say this, for me, investing in Bitcoin is usually for a long term plan but if so happens that there is a big change in the price in a shorter time, then that's good to take profits. This way you are more relaxed with where ever the market is.
I always mention the importance of learning everything about Bitcoin first before deciding to buy Bitcoin for investment. Because people who
already understand how Bitcoin works, will understand better what is happening to Bitcoin and will make decisions based on the results of
the analysis that has been done. Will not make decisions based on other people's opinions, people who already understand Bitcoin will not
easily panic when they see Bitcoin prices fall. Because they know Bitcoin will recover soon and they will not sell Bitcoin before their target is
reached. The conclusion is that people who already understand Bitcoin will be more patient when investing in Bitcoin, because they understand
that they cannot expect instant profits from Bitcoin investment.