OP It's as if you already know how heartbreaking the decline in the price of bitcoin is for some investors, especially the new ones. They are in an awful situation since they are unaware of bitcoin's volatile nature and how it works (price increases and decreases). They bought bitcoins for short-term goals, not for long-term goals. If people truly intend to invest in Bitcoin for long-term objectives, the price decline won't break their hearts instead providing them with a chance to buy additional Bitcoin at a lower price.
The majority of new crypto investors experience heartbreak and lose hope in bitcoin when the price changes in ways that are greater than what they anticipated (price reduction). Because of that, some of them may even be able to sell their bitcoin holdings at a loss.
Then those people simply do not have what it takes to be part of this market, I could understand that kind of attitude from someone that was investing in this market when it was on its early stages, but anyone that invest now can watch the price history of bitcoin and watch how it moves, and if they feel they cannot deal with those movements then they can decide to not invest in bitcoin, but instead they just come here because they have heard they can make easy money, and then they get disappointed the market did not gave them the fortune they were expecting in a matter of weeks.
I wouldn't be that harsh towards them, but it is true that it would be hard for those people to stay in the bitcoin world, it would not be easy to handle it all. I understand that it is not going to be easy thing to make sure that they stay in the market and not worry about it, but there are way too many people who keep worrying about it all the time.
I think it should be tough to handle it, and because of that we can't really end up with a solution that would be easy to handle. I believe the best thing to do would be making sure that we are doing a good thing in the end that benefits us on the long run. I hope that it can be something people could hold for a while and not starting selling again so that it can go up.
Each person does have their own level when it comes to emotion handling or tolerance on which means that some might be able to have that kind of control and some wont really be able to do such thing but instead
they do become that impulsive if ever these things do happen.Most of the time which it cant really be avoided for you not to have some peek on the price specially if you do make out some significant amount of
money that you had invested which it cant really be able to remove into yourself on having not to check on what the market condition would be. Its not really that bad on doing so but there are people who would really be that totally impulsive on the time that they do make out some checks and eventually be ending up on making up some actions which its not really that totally a right thing to be done.
Just like the rest been saying that not all would really be good on making out such control towards themselves on which there are ones who do have that kind of handling and discipline towards themselves
and there are ones who cant really be just that able to stop on doing such alteration of their earlier decisions that had already been made and fixed earlier. It does really vary because
not all would really be that having that good self control.