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Author Topic: After the dip in crypto, when are we expecting ath?  (Read 431 times)
Viscore
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May 03, 2024, 08:11:34 PM
 #61

If you are a panicky guy and don't have enough patience, then you shouldn't invest in crypto. Rather, you have to find some way to invest in real life where you will have a stable income. You don't really need to look at it every day if you hold it for a long time. Traders check the price every hour, but holders don't do it. However, Bitcoin was pumped hard even before the halving when the Bitcoin ETF was approved. So it's currently not very volatile and playing a stable role. We can say it's an accumulation zone as well, though some predictors said it would dump below 60K. But who knows? We can't forecast it, so we need to have patience and not panic sell, even if the if the price keeps dumping.
Patience is the key factor in bitcoin hodling, so one should gain a lot of patience so he won’t be completely bothered with how bitcoin price drops drastically. Otherwise, he will never come to experience the final bull run but will only lose his investment prior to that due to panicking that creates wrong decision making.

Bitcoin, no matter how profitable it is, will always be volatile in nature. That’s why its price changes inevitably, that none of us here will be able to tell what will be the next movement for bitcoin.

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