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It's actually pretty normal that the BTC price goes down. When people see that the price goes down, people will sell them more and more, which makes the price drop even lower.
Don't worry though, the price will get back up at some point. It's just a matter of time
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Don't worry though, the price will get back up at some point. It's just a matter of time
.and this s exactly the time where smart people buy.
if people keep selling, they will run out of coins to sell, which means the next time the price goes up, less people will have coins to sell (because they already sold) so the price can go higher.
and the smart people who saved their coins and bought cheap coins will now be richer because of the higher price.
panic selling and panic buying will only make smart people rich who buy when the masses sell and sell when the masses buy.
I agree. This actually reminds me of a very useful quote of Warren Buffett: "Be fearful when others are greedy and greedy when others are fearful."
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