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Author Topic: No panic while holding my Bitcoin  (Read 920 times)
Natalim
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BTC to the MOON in 2019


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August 17, 2023, 01:35:23 PM
 #141

Welcome to the board OP @why2why you have done so well by already learning about bitcoin before investing, you didn't made the mistake other investors do, some of them just rush into bitcoin because they heard that Bitcoin pays, this shows that you are ready to learn more about Bitcoin, as you have already invesed few weeks back I hope you have made up your minds planning to "Hold On for Dear Life,” (HODL) this is one of the easiest way to accumulate more coins as we are already waiting for the bullish period.
As long as we understand how this crypto investment works, there is nothing to worried about, and even though it takes several years of waiting, certainly we can still do it very well. And this is the reason why many investors can afford to control their emotions and are willing to hold because they believe that they won't get disappointed and even rewarded more.

If our goal is to earn a profit, then, what we gonna do to keep strong and focus on our goal, not on the negative things happens around because will affect our mindset and brought us to the wrong direction.

Patrol69
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August 17, 2023, 01:41:01 PM
 #142

You have correctly done all the things that a new investor should do before starting to invest. First you studied about bitcoin after studying you gained knowledge about risk tolerance in bitcoin investment then you invested in bitcoin, thank you very much for all this because you have shared here the things you have done which will be very useful for newbies. A common mistake that new investors make is to invest in Bitcoin or other platforms without having any knowledge of Bitcoin or investing, so that they panic when the market fluctuates and sell their coins without patience. We must take risk because if we only accept monetary gain then who will take our monetary risk.
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