Buy Buy Buy or Sell Sell Sell?

[EarnOnVictor]

I have to go with @Dunamisx on this, the Bybit hack should only have a little effect on the market, Bybit is just an exchange and it's not all its money that was stolen. Perhaps you talked based on what is currently happening in the crypto market, it may happen with or without the Bybit issue, the $1.4b hack is too small to cause a serious issue in the crypto market. What happens now is a result of the persistent hovering of the market beneath upper resistance without a breakthrough due to the inability to attract more liquidity. This eventually created FUD in the market which resulted in what we see now. However, I see this as a temporary setback, so expect Bitcoin to move higher than before by the time it bounces back.

I hope it's temporary and the market recovers pretty fast.
That would be great to witness after this sell we see 

Bitcoin moved so lower yesterday, I never knew it would hit the low of $86,016, that's crazy.



All I know is that Bitcoin will always overcome any hurdle that comes its way, it's a moment of challenges, it SHALL pass and Bitcoin will wax stronger and greater on the comeback to break above even higher levels.

At times, this kind of selling is needed to gather the needed momentum. Think of it like a ram that moved a little backward to gather the needed force to knock down the opponent.

[laijsica]

Why some people panic to say they are bitcoin is because they have not understand the way forward of Bitcoin when bitcoin is dropping in the market it does not mean that a bitcoin price is going to fall forever but I believe that the price of Bitcoin always decreases the way it wants so whoever that want to buy Bitcoin the person is not look for the Fallen aspect of Bitcoin or the person should look at what is going to benefit the future and how long the Bitcoin will stay before the person will sell, so I believe that current price of bitcoin should not make someone to rush and sell your Bitcoin but have a target

Bitcoin is undergoing a correction period, some investors are showing instability and are scared. I recommend that you reach the point safely with your pile for long, you will be successful. The cycle of wealth growth is such that you have to go through many steps, including slowing down in the slippery path. When every investor chooses a path, the positive tendency is that he should keep the target fixed according to that point or target regardless of the price. You should not panic during the fall of Bitcoin and keep yourself positive and aggressive savings.

I agree with you that you should not be in too much of a hurry. Investors should set a goal for themselves. There are a small number of people among them who will deviate from the target due to fear and they have immersed themselves in mistakes. On the other hand, they should have a more persistent DCA aggressive goal at this time because Bitcoin will benefit them in the future. Even if you don't have the financial means to be aggressive, it's more important to have a consistent DCA strategy.

[hero_the_bossman]

All I know is that Bitcoin will always overcome any hurdle that comes its way, it's a moment of challenges, it SHALL pass and Bitcoin will wax stronger and greater on the comeback to break above even higher levels.

At times, this kind of selling is needed to gather the needed momentum. Think of it like a ram that moved a little backward to gather the needed force to knock down the opponent.

I sure hope that your words reach the ear of the market 
But overall, I agree - BTC will prevail.

[Princess Leah]

All I know is that Bitcoin will always overcome any hurdle that comes its way, it's a moment of challenges, it SHALL pass and Bitcoin will wax stronger and greater on the comeback to break above even higher levels.

At times, this kind of selling is needed to gather the needed momentum. Think of it like a ram that moved a little backward to gather the needed force to knock down the opponent.

I sure hope that your words reach the ear of the market 
But overall, I agree - BTC will prevail.

An increase in price is not guaranteed because no one knows what the future hold but according to history, Bitcoin has been prevailing and that's what we all hope on hence why we keep holding, though the current market is the least expected by investors but they should seized the opportunity that comes with it, which is buying more, else you might wake up one morning to see Bitcoin at 120 plus that's just it's nature so flow with the market.

 The challenge is not even much to make anyone frightened atleast the US government is now pro Bitcoin so their won't be much feud by the Sec that would affect the market negatively and even though it's still affected by some negative news, it's a buying opportunity and history would likely repeat itself, there's no calls for alarm, just keep buying, hoping that it would thrive like it's always do.

[obuoma]

I have to go with @Dunamisx on this, the Bybit hack should only have a little effect on the market, Bybit is just an exchange and it's not all its money that was stolen. Perhaps you talked based on what is currently happening in the crypto market, it may happen with or without the Bybit issue, the $1.4b hack is too small to cause a serious issue in the crypto market. What happens now is a result of the persistent hovering of the market beneath upper resistance without a breakthrough due to the inability to attract more liquidity. This eventually created FUD in the market which resulted in what we see now. However, I see this as a temporary setback, so expect Bitcoin to move higher than before by the time it bounces back.

I hope it's temporary and the market recovers pretty fast.
That would be great to witness after this sell we see 

Bitcoin moved so lower yesterday, I never knew it would hit the low of $86,016, that's crazy.



All I know is that Bitcoin will always overcome any hurdle that comes its way, it's a moment of challenges, it SHALL pass and Bitcoin will wax stronger and greater on the comeback to break above even higher levels.

At times, this kind of selling is needed to gather the needed momentum. Think of it like a ram that moved a little backward to gather the needed force to knock down the opponent.

certainly market doesn't move in one direction like wise bitcoin. Is possible that bitcoin may even take more time to make correction as an investor you don't need  to panic, you just need to be patient. I will say is good to be flexible while waiting on what the market will do.I see nothing wrong if you decide to take some profit while waiting to buy the dip  because the bitcoin market may make more dip for it to gather the momentum to continue to move in buy direction. Most importantly don't sell your investment because the correction will bring more opportunity and also remain while flexible waiting for the dip.

[sotelorene]

Why some people panic to say they are bitcoin is because they have not understand the way forward of Bitcoin when bitcoin is dropping in the market it does not mean that a bitcoin price is going to fall forever but I believe that the price of Bitcoin always decreases the way it wants so whoever that want to buy Bitcoin the person is not look for the Fallen aspect of Bitcoin or the person should look at what is going to benefit the future and how long the Bitcoin will stay before the person will sell, so I believe that current price of bitcoin should not make someone to rush and sell your Bitcoin but have a target

Maybe because they really don't understand how things works with their investment decision they choose. Because some of people are just been hype to be called their selves as holder but when market correction came out they get panic and ride with the negative sentiments made by lots of people in panic condition.

This situation is not new and hopefully people would realize that everything is temporary that's why better buy the fear of people and let them dump and regret later on. Bitcoin never fails those people who choose to hodl that's why this dump we feel never bother me and just decide to focus buying rather than wasting my time entertaining the negative thoughts of other people.

Ultimately, those who can continue holding for the long term will benefit. Market corrections are nothing new, they have happened countless times in history, but they have recovered after some time.
Also, history has proven that every big pump movement is naturally preceded by a correction, so those who sell their holdings during this cor.ection will not get the benefit of that big pump movement, but every real investor buys more during the correction and continues to build a larger portfolio at a lower price.
So the whole thing will depend on how much you believe in Bitcoin. Those who are real investors, and believe in Bitcoin completely, never think of selling during such corrections. But those who cannot believe in the real future of Bitcoin, and only want to take short-term profits, are the only ones who panic and sell their holdings during this correction.

You are absolutely correct, you know sometimes I wonder why people who called themselves investors will be so afraid each time market is dipping or dumping, is it that they don't know that Bitcoin is volatile or is that they don't know the meaning of volatility? So why been afraid even when you used the money that even if you loss it, it won't affect you and anyone who says he or she is an investor and went to sell his or her investment is a trader and not an investor because an investor will never sell his or her investment when he or she knew that what is happening in the market is temporary. However,  it is abnormal for Bitcoin to keep pumping without a dip.

[Zackz5000]

I have to go with @Dunamisx on this, the Bybit hack should only have a little effect on the market, Bybit is just an exchange and it's not all its money that was stolen. Perhaps you talked based on what is currently happening in the crypto market, it may happen with or without the Bybit issue, the $1.4b hack is too small to cause a serious issue in the crypto market. What happens now is a result of the persistent hovering of the market beneath upper resistance without a breakthrough due to the inability to attract more liquidity. This eventually created FUD in the market which resulted in what we see now. However, I see this as a temporary setback, so expect Bitcoin to move higher than before by the time it bounces back.

I hope it's temporary and the market recovers pretty fast.
That would be great to witness after this sell we see 

Bitcoin moved so lower yesterday, I never knew it would hit the low of $86,016, that's crazy.



All I know is that Bitcoin will always overcome any hurdle that comes its way, it's a moment of challenges, it SHALL pass and Bitcoin will wax stronger and greater on the comeback to break above even higher levels.

At times, this kind of selling is needed to gather the needed momentum. Think of it like a ram that moved a little backward to gather the needed force to knock down the opponent.

certainly market doesn't move in one direction like wise bitcoin. Is possible that bitcoin may even take more time to make correction as an investor you don't need  to panic, you just need to be patient. I will say is good to be flexible while waiting on what the market will do.I see nothing wrong if you decide to take some profit while waiting to buy the dip  because the bitcoin market may make more dip for it to gather the momentum to continue to move in buy direction. Most importantly don't sell your investment because the correction will bring more opportunity and also remain while flexible waiting for the dip.

You talk as if you are very sure that the bitcoin market will make more dip before coming up again, the Bitcoin market is unpredictable nobody knows if it will dip further or not so if have not started accumulating bitcoin and you are waiting for it to dip more further you are only deceiving your self because bitcoin will never go the exact way you want it to go, accumulate Bitcoin now and hodl and disregard any selling of bitcoin now instead use this opportunity to accumulate more Bitcoin accumulate aggressively without over doing it in such a way that it will affect your personal living or that may lead in selling out your Bitcoin when you never wanted to.

[Futurexxx]

I have to go with @Dunamisx on this, the Bybit hack should only have a little effect on the market, Bybit is just an exchange and it's not all its money that was stolen. Perhaps you talked based on what is currently happening in the crypto market, it may happen with or without the Bybit issue, the $1.4b hack is too small to cause a serious issue in the crypto market. What happens now is a result of the persistent hovering of the market beneath upper resistance without a breakthrough due to the inability to attract more liquidity. This eventually created FUD in the market which resulted in what we see now. However, I see this as a temporary setback, so expect Bitcoin to move higher than before by the time it bounces back.

I hope it's temporary and the market recovers pretty fast.
That would be great to witness after this sell we see  

.I see nothing wrong if you decide to take some profit while waiting to buy the dip  because the bitcoin market may make more dip for it to gather the momentum to continue to move in buy direction.

Why are you talking like this?
Are you actually a trader or an investor, because to the best of my knowledge it is only traders that think and speak such way, besides how much impact do you expect selling for minimal gains will have on your financial status, sincerely Bitcoin is no where near it peak price, and this is a moment we should be talking of accumulating more, in an  aggressively manner,  as long as it doesn't affect your ability to finance your upkeeps.
Furthermore, that pattern of selling off your holdings and think to buy at a more lower price is what makes most Investors miss the big spike in price that took Bitcoin to $109k, because they sold their holdings at $67k thinking to buy at a lower price, so it would be extremely unwise to make such a terrible mistake to sell now that you are still at your accumulation stage.

[fredericktaylor]

You are absolutely right. The main principle of investing in Bitcoin is responsible investing. some people greedily invest money that can be used for their urgent needs, which is a completely wrong strategy. a few important principles should be followed for successful investing. with proper planning, patience, and knowledge, it is possible to make a profitable Bitcoin investment, but the risk of loss is high if you are greedy.

There are some people who are greedy and invest money that is useful for their urgent needs, but this is not the policy of investing in Bitcoin.

Only invest money that you can afford to take risk Never invest money that is kept for your daily or urgent needs.  
Plan for the long term Invest patiently without expecting quick profits, because the true power of Bitcoin is revealed in the long term.  
with regular and moderate investment (DCA) strategy, invest gradually rather than investing large sums at once, so that the amount of risk does not increase due to market fluctuations.
Do proper knowledge and research Don't invest just on hearsay or greed, do your own research and make a market wise decision.

[ASloveapg]

You are absolutely right. The main principle of investing in Bitcoin is responsible investing. some people greedily invest money that can be used for their urgent needs, which is a completely wrong strategy. a few important principles should be followed for successful investing. with proper planning, patience, and knowledge, it is possible to make a profitable Bitcoin investment, but the risk of loss is high if you are greedy.

There are some people who are greedy and invest money that is useful for their urgent needs, but this is not the policy of investing in Bitcoin.

Only invest money that you can afford to take risk Never invest money that is kept for your daily or urgent needs.  
Plan for the long term Invest patiently without expecting quick profits, because the true power of Bitcoin is revealed in the long term.  
with regular and moderate investment (DCA) strategy, invest gradually rather than investing large sums at once, so that the amount of risk does not increase due to market fluctuations.
Do proper knowledge and research Don't invest just on hearsay or greed, do your own research and make a market wise decision.

If you want to make your Bitcoin investment successful, you must first understand the basic principles of Bitcoin. The general characteristic of Bitcoin is that it will fluctuate a lot in the short term, but it will continue to increase in the long term. And as an investor, you must know these things, and you must invest accordingly.

Since you know that Bitcoin will fluctuate a lot in the short term, then how do you invest for short-term profits? That is why you must invest in Bitcoin with a long-term perspective. You must understand the risks of Bitcoin investment well, and you must invest with money according to your ability to take that risk.

We know very well that the price of Bitcoin will increase in the long term, but even after knowing this, if an investor does not accept this and invests for short-term purposes, then that investor is a big stupid. In fact, this short-term greed is the biggest cause of loss in investment. They make hasty decisions in the hope of quick profits, and when the market falls, they panic and sell their holdings. And in both cases, they face huge losses.

Therefore, when it comes to Bitcoin investment, using the right strategy is very important. In case of using the wrong strategy, you can lose your wealth, so use the right strategy through proper research, and continue DCA responsibly, if you can maintain it in the long term, the chances of success are high.

[Proty]

certainly market doesn't move in one direction like wise bitcoin. Is possible that bitcoin may even take more time to make correction as an investor you don't need  to panic, you just need to be patient. I will say is good to be flexible while waiting on what the market will do.I see nothing wrong if you decide to take some profit while waiting to buy the dip  because the bitcoin market may make more dip for it to gather the momentum to continue to move in buy direction. Most importantly don't sell your investment because the correction will bring more opportunity and also remain while flexible waiting for the dip.

This your advice is very wrong because you are addressing different categories of individuals, there are people who are still in there early phase of bitcoin accumulation which there major focus should be on continous accumulations of bitcoin and  to build up their portfolio. There are people who are into bitcoin for long term, which they have not accumulated the amount of bitcoin and there investment time have not been reach. Investors can only be thinking of taking profits out of their investments when they have a good amount of bitcoin in their portfolio and they have exceeded their investments timeline. Sometimes we should be careful how we throw some out some statements and also we should also know the kind of audience we are addressing to avoid saying the right thing at the wrong place.

[Tonimez]

Bitcoin market has recently thought the stubborn traders how to have patience and has also set a test for the investors. Bitcoin currently occupying about $84k implies nothing but Buy, Buy, Buy. Investors will accumulator more while traders may finally leave the bitcoin market completely, many with tears and disappointment. It's all about buying and buying more. Funds are secured for investors.

Crypto market is almost always unpredictable and that has always been the fact. Face the reality and end trading. Accumulate more bitcoin and store for the future.

[Mr Reporter]

I have to go with @Dunamisx on this, the Bybit hack should only have a little effect on the market, Bybit is just an exchange and it's not all its money that was stolen. Perhaps you talked based on what is currently happening in the crypto market, it may happen with or without the Bybit issue, the $1.4b hack is too small to cause a serious issue in the crypto market. What happens now is a result of the persistent hovering of the market beneath upper resistance without a breakthrough due to the inability to attract more liquidity. This eventually created FUD in the market which resulted in what we see now. However, I see this as a temporary setback, so expect Bitcoin to move higher than before by the time it bounces back.

I hope it's temporary and the market recovers pretty fast.
That would be great to witness after this sell we see 

Bitcoin moved so lower yesterday, I never knew it would hit the low of $86,016, that's crazy.



All I know is that Bitcoin will always overcome any hurdle that comes its way, it's a moment of challenges, it SHALL pass and Bitcoin will wax stronger and greater on the comeback to break above even higher levels.

At times, this kind of selling is needed to gather the needed momentum. Think of it like a ram that moved a little backward to gather the needed force to knock down the opponent.

Well we all no that in the past history of BITCOIN market cap it has proofing and shown itself to many's people that it an successful investment that have also overcome many up and downs and it has proofing to many people's that they can relieve on it investment today, the BITCOIN break down now it just for a moment I'm sure that time will play it very own part on the price, for research the last two year ago BITCOIN price hit around 16k and in just a short  period of time it hit back to around 98k which i will say was an great advantage to many who were buying which in other words i will say let always take advantage of the dips not sell.

[Mr Reporter]

You are absolutely right. The main principle of investing in Bitcoin is responsible investing. some people greedily invest money that can be used for their urgent needs, which is a completely wrong strategy. a few important principles should be followed for successful investing. with proper planning, patience, and knowledge, it is possible to make a profitable Bitcoin investment, but the risk of loss is high if you are greedy.

There are some people who are greedy and invest money that is useful for their urgent needs, but this is not the policy of investing in Bitcoin.

Only invest money that you can afford to take risk Never invest money that is kept for your daily or urgent needs.  
Plan for the long term Invest patiently without expecting quick profits, because the true power of Bitcoin is revealed in the long term.  
with regular and moderate investment (DCA) strategy, invest gradually rather than investing large sums at once, so that the amount of risk does not increase due to market fluctuations.
Do proper knowledge and research Don't invest just on hearsay or greed, do your own research and make a market wise decision.

Well in the crypto community this is one of some worng mindset been brought to the community, most newbie in the cryptocurrency space are really fond of having this wrong mindset which i will say, most of them comes with the worng impression thinking BITCOIN investment is know for a quick money making machines which is wrong, in the little research and the little time i have spent on the cryptocurrency market which has transformed my mindset in other not to let greed the best part of me, and aslo to do your own research in other not to get scammed by any fake crypto preacher and the last  by not the least always no when to invest what you can afford to loss that the most important part of it.
The DCA strategy has been one of some great help to many others in helping them accomplish their goals though the BITCOIN accumulating process without default

[avp2306]

certainly market doesn't move in one direction like wise bitcoin. Is possible that bitcoin may even take more time to make correction as an investor you don't need  to panic, you just need to be patient. I will say is good to be flexible while waiting on what the market will do.I see nothing wrong if you decide to take some profit while waiting to buy the dip  because the bitcoin market may make more dip for it to gather the momentum to continue to move in buy direction. Most importantly don't sell your investment because the correction will bring more opportunity and also remain while flexible waiting for the dip.

You talk as if you are very sure that the bitcoin market will make more dip before coming up again, the Bitcoin market is unpredictable nobody knows if it will dip further or not so if have not started accumulating bitcoin and you are waiting for it to dip more further you are only deceiving your self because bitcoin will never go the exact way you want it to go, accumulate Bitcoin now and hodl and disregard any selling of bitcoin now instead use this opportunity to accumulate more Bitcoin accumulate aggressively without over doing it in such a way that it will affect your personal living or that may lead in selling out your Bitcoin when you never wanted to.

Its like another generic speculation where these people automatically think that it may happen especially when they see the market is declining. But I agree that we don't actually know on when is the end point of this dump so if they keep waiting for those matters to come then provably that they would just missed a lot with current situation happening with Bitcoin. They better erase those thoughts that waiting for dip is what actually best thing to do since its more better for them to accumulate now and plan his next action.

Maybe better also they stop speculating the dip since that situation will just bother them and provably it creates confusion that might cause them to decide negatively about the situation happening.

[Zackz5000]

You are absolutely right. The main principle of investing in Bitcoin is responsible investing. some people greedily invest money that can be used for their urgent needs, which is a completely wrong strategy. a few important principles should be followed for successful investing. with proper planning, patience, and knowledge, it is possible to make a profitable Bitcoin investment, but the risk of loss is high if you are greedy.

There are some people who are greedy and invest money that is useful for their urgent needs, but this is not the policy of investing in Bitcoin.

Only invest money that you can afford to take risk Never invest money that is kept for your daily or urgent needs.  
Plan for the long term Invest patiently without expecting quick profits, because the true power of Bitcoin is revealed in the long term.  
with regular and moderate investment (DCA) strategy, invest gradually rather than investing large sums at once, so that the amount of risk does not increase due to market fluctuations.
Do proper knowledge and research Don't invest just on hearsay or greed, do your own research and make a market wise decision.

Well in the crypto community this is one of some worng mindset been brought to the community, most newbie in the cryptocurrency space are really fond of having this wrong mindset which i will say, most of them comes with the worng impression thinking BITCOIN investment is know for a quick money making machines which is wrong, in the little research and the little time i have spent on the cryptocurrency market which has transformed my mindset in other not to let greed the best part of me, and aslo to do your own research in other not to get scammed by any fake crypto preacher and the last  by not the least always no when to invest what you can afford to loss that the most important part of it.
The DCA strategy has been one of some great help to many others in helping them accomplish their goals though the BITCOIN accumulating process without default

This isn't a place where you will be talking about crypto also mixing up the the term crypto and Bitcoin is complicating the whole thing people may not really understand your point or where you are arriving to reason been that there are other coin that made up the term crypto which makes it to be a general term some when trying to mention any of these coin you should at least be very specific concerning the particular coin you are talking about so that people will get a clearer picture of what you are talking about or the exact coin you are referring to, if it is bitcoin then it is bitcoin and if it is shitcoins let be shitcoins and not cryptocurrency just Incase of next time try to be more specific.

[EarnOnVictor]

It does.
It will take time and just like what we're seeing right now,
I see this current dip in the market as a dip that should be utilized properly, because it might never come again, yes their is a possibility that it might drop further, but we should all take note that Bitcoin is on the rise, and as such, it's best to buy more now and add to your stash, just as you have said already, this is the best time to buy, and most newbies and those that have no faith in Bitcoin will be selling in panic, but we that knows it's too cheap now comparing to how much it might skyrocket up to in the future, considering it huge potential, we have nothing to worry about because we believe that Bitcoin is an opportunity that can be used to build a generational wealth only if we can acquire a very huge stash of it and hold for a very long period of time like 10 years or more.
The only thing that is required of us is to pay less attention to the outside noise and discouragement from hater, so as not to be discouraged in the future, because holding is way more difficult than just buying.

It is only those that have not experience price correction that will begin to panic about the current change in the price of bitcoin, for those investors who has been investing in bitcoin for long I see no reason why they should panic over this recent dip because this is not the first time bitcoin is dipping. This is a great opportunity to invest aggressively in bitcoin and to acquire as much bitcoin as we can within our financial capacity and not to allow unnecessary fears to cloud our sense of reasoning by optioning for sale. Volatility has always been the characteristics of bitcoin and other crypto currency. It is short term investors that is suppose to panic over price correction.

Every dip in bitcoin should always be an opportunity for us to buy more and more bitcoin and hodl knowing that the price will still go up again no need been afraid. This message is for investors who are in to bitcoin for a long time plan and not those running around looking for shitcoins to buy.

I have read enough panic comments on the internet, I don't know why people are this afraid, it is Bitcoin and not an altcoin, it will definitely find its way up, it is a matter of time. No market can be moving in a straight slope, and there must be some significant bends sometimes, if we carefully study Bitcoin, it has had its major bullish push but without a major bearish correction that will be as scary as the one we experience now. This is how the market works and if Bitcoin could move back upwards, it might land at above $110k easily.

[betswift]

I have read enough panic comments on the internet, I don't know why people are this afraid, it is Bitcoin and not an altcoin, it will definitely find its way up, it is a matter of time. No market can be moving in a straight slope, and there must be some significant bends sometimes, if we carefully study Bitcoin, it has had its major bullish push but without a major bearish correction that will be as scary as the one we experience now. This is how the market works and if Bitcoin could move back upwards, it might land at above $110k easily.

Many just didn't expect it that early.
But I sure hope we will see a rebound in no time, for now, the index of fear is pretty big, however, it shouldn't discourage us from our goals 

[G_Besar]

Many just didn't expect it that early.
But I sure hope we will see a rebound in no time, for now, the index of fear is pretty big, however, it shouldn't discourage us from our goals 

It is not a fear index but only about the level of panic that is happening to most people who still hold Bitcoin until now. But on the one hand I am also still convinced of a huge recovery in the price of Bitcoin because at this time Bitcoin enthusiasts are still much more than others so we all should not panic or be afraid of the current decline in the price of Bitcoin. Because this year Bitcoin still has the potential to return to its highest price so for now Bitcoin holders must be more patient in waiting for this.

[Princess Leah]

Many just didn't expect it that early.
But I sure hope we will see a rebound in no time, for now, the index of fear is pretty big, however, it shouldn't discourage us from our goals 

It is not a fear index but only about the level of panic that is happening to most people who still hold Bitcoin until now. But on the one hand I am also still convinced of a huge recovery in the price of Bitcoin because at this time Bitcoin enthusiasts are still much more than others so we all should not panic or be afraid of the current decline in the price of Bitcoin. Because this year Bitcoin still has the potential to return to its highest price so for now Bitcoin holders must be more patient in waiting for this.

It's the fear that cause people to panic so it's same thing, I don't think someone that's held bitcoin for a long time should have any reason to panic cause from experience they should've already known that their must be an occurrence of volatility in bitcoin investment, meaning that the price would go down and also go back up due to demand and supply, it's people that's not held for long or who recently started holding that would panic in times like this.

 That's why every true Bitcoin investor shouldn't just know about it but put it to practice and hold for long, atleast for a full circle and more so you'll have the practical experience of how it operates and see the drop in price as an advantage to buy more coin and hold instead of panicking, it takes courage to be an investor in Bitcoin, the road is not always smooth meaning that their would be some hindrance like negative news that would affect the market and trigger some panic but true investors won't be discouraged, they'll be patient, take it to their advantage and keep hoping for a more better future.