My emotion is going biased with the current bitcoin market volatility

[AVE5]

Without much beating around the bushes, I had a lot of funds accumulated in my bitcoin investment before this Dip coming, I was actually trying to control my emotions and hodl for a long time as most bitcoin knowledgeable investors would always say that continues holding nomatter the markets circumstances and the pressures of your financial needs to be resisted is usually the great chances to exploit hugely in the bitcoin industry.

Meanwhile while I've remained unwavering strictly abiding to those fancy words, I decided to keep holding my bitcoin but it's becoming emotional unhealthy for me to keep holding for the so long term as the price of bitcoin is depreciation on basis.
While not at the halving yet, the bitcoin price is still depreciating so unbearable for little holders like me.

So I needed to ask this; does long term Investors do sell their coins in periods like this and accumulates again during the Dip and Halving by applying the DCA method? Or they just keep accumulating and topping up with their initial holding? Because there'd be much lost counts if logical measures such as to sell and reaccumulate again is not applied in such situations.

So amongst us here who's feeling emotional biased with the current volatility of the bitcoin market?

[1714493991]

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[Tungbulu]

~~~

Bitcoin is built on a very solid framework, so if you're afraid that it won't recover then you're wrong, if that's your fear then you have absolutely nothing to worry about.

Those words are not fancy as you call them because those are words from experienced people who have been in your shoes and succeeded.

This is why it's very important to have an emergency fund or other sources of income so you won't always be looking at your Bitcoin investment once there's an unusual fluctuation or run to it whenever you have a financial need.
Before investing in bitcoin I believe you must have known that things will not always go the way you picture them, so you must've prepared for a day like this.

The secret to overcoming this sort of pressure is to just HODL, buy more Bitcoin now if you have the money to because a DIP is actually the best time to buy. Although I won't address this slight decline to be a DIP because we've seen much more bigger DIPs but everytime is a best time to buy, that includes now.

Another advice I'll give you is to start employing the DCA strategy since you know you don't have the balls to overlook these minor and inevitable fluctuations that comes with Bitcoin investments. By throwing in a fraction/percentage of your income on a weekly or Monthly basis and gradually growing your Bitcoin investment, I believe it'll help ease the tension because you'll feel less tension this way, than when you have all your life savings or majority of your wealth lying around in Bitcoin.

[Kelward]

E de very important for us to equip ourselves with the correct knowledge of Bitcoin, so wen things like dis begin to de happen we no go follow inexperienced hodlers to panic and sale, instead of to continue hodl or even take di advantage to de accumulate more. Bitcoin investment no de favorable to investors wey no get sources of income to take care of dem needs, because as you de do your DCA method, you no need financial pressure to sale am prematurely or fear wen price de dip.

Bitcoin na store of value and if you de hodl am on the long term, you no suppose worry wen you experience price dip, because you de sure say na just matter of time price go begin to surge until e go reach a new ATH. So make di OP no worry, just continue to hodl, because after halving, gradually we go enter di main bull run where you go see massive ROI for your capital.

[AVE5]

~~~

Bitcoin is built on a very solid framework, so if you're afraid that it won't recover then you're wrong, if that's your fear then you have absolutely nothing to worry about.

Those words are not fancy as you call them because those are words from experienced people who have been in your shoes and succeeded.

This is why it's very important to have an emergency fund or other sources of income so you won't always be looking at your Bitcoin investment once there's an unusual fluctuation or run to it whenever you have a financial need.
Before investing in bitcoin I believe you must have known that things will not always go the way you picture them, so you must've prepared for a day like this.

The secret to overcoming this sort of pressure is to just HODL, buy more Bitcoin now if you have the money to because a DIP is actually the best time to buy. Although I won't address this slight decline to be a DIP because we've seen much more bigger DIPs but everytime is a best time to buy, that includes now.

Another advice I'll give you is to start employing the DCA strategy since you know you don't have the balls to overlook these minor and inevitable fluctuations that comes with Bitcoin investments. By throwing in a fraction/percentage of your income on a weekly or Monthly basis and gradually growing your Bitcoin investment, I believe it'll help ease the tension because you'll feel less tension this way, than when you have all your life savings or majority of your wealth lying around in Bitcoin.

Without craving to indulge on a dispute with your contributions which you're all right about, I still want to clear it up by saying for a short term Investors and most especially little investors to stable their emotions while chasing the profits in a short while, the systematic to has sold when we met with the ATH would had been of better DCA reaccumulating approach for such terms of investors because at then, they'd have secured some incomes to buy and accumulate more during the Dip and most diving in by the halving.

Everyone bitcoin investors doesn't really have to keep holding even though you're not in need of being financially pressured.
This is about satisfying your emotions and technically trying to protect the interest of your goals so you can actually achieve more as a little investor. Maybe those who had more to hodl and accumulating after meeting with the ATH could stably remain unpanick as they keep hodling and accumulating.
In a short while, I began to identify difference techniques of how Investors could surge a long mile with their assets holdings depending on their portfolios.

[Tungbulu]

Without craving to indulge on a dispute with your contributions which you're all right about, I still want to clear it up by saying for a short term Investors and most especially little investors to stable their emotions while chasing the profits in a short while, the systematic to has sold when we met with the ATH would had been of better DCA reaccumulating approach for such terms of investors because at then, they'd have secured some incomes to buy and accumulate more during the Dip and most diving in by the halving.

While I'd want to see reasons to agree to your theory, I can only say that you're not really investing but gambling with your money because you're acting out of presumption without fully understanding the next action of the trend.

Bitcoin price is very volatile and this makes it more interesting, due to the market's volatility, every other option or approach you decide to employ asides HODLING would be gambling as the market has every tendancy of moving the opposite direction at any time.

Have you considered after taking out your investment because you feel Bitcoin has just hit its ATH with hopes of buying when the market DIPs again, but then Bitcoin experiences even a more Bullish rend and reaches even a more higher ATH and you still sitting there waiting for a DIP.

Now let me tell you what's likely to happen, out of FOMO, you'll be forced or pressured to BUY at the current price in order to join the moving train, but then what if after you've bought at the current price, and Bitcoin price immediately drops after establishing a new ATH, after losing some bucks, you're hoping the market would recover immediately but the more you expect another pump, the more you experience more DIP.

Have you ever considered this possibility? That's what volatility means, you'll end up losing more by trying to predict the market. So why not just HODL, BUY THE DIP (when you can) and DCA and save yourself the whole drama and tension.

[Gozie51]

So I needed to ask this; does long term Investors do sell their coins in periods like this and accumulates again during the Dip and Halving by applying the DCA method?

It is possible and every hodler go wish say dem sabi when the price go drop so dat dem fit sell and go down to buy more in cheap price but na who know when this dey happen be the koko .

Or they just keep accumulating and topping up with their initial holding?

Usually if price drop, na time to buy more and people dey buy as price dey drop.

Because there'd be much lost counts if logical measures such as to sell and reaccumulate again is not applied in such situations.

It is still risky to sell and buy back with the hope say you go buy cheap. If price go down, e fit still jump beyond you before 24hrs and you don miss am be that because you go see am say e don dey high. So the best thing be say if you be longtime hodler, you fit just close eye leave your coin until you take your profit for where you want am.

So amongst us here who's feeling emotional biased with the current volatility of the bitcoin market?

Newbies  People wey don dey here and hodl some coins understand say price dey drop and after that it will rise and moreover now the expectation is high as with halving wey traditionally dey increase price.

[Promocodeudo]

E de very important for us to equip ourselves with the correct knowledge of Bitcoin, so wen things like dis begin to de happen we no go follow inexperienced hodlers to panic and sale, instead of to continue hodl or even take di advantage to de accumulate more. Bitcoin investment no de favorable to investors wey no get sources of income to take care of dem needs, because as you de do your DCA method, you no need financial pressure to sale am prematurely or fear wen price de dip.

Bitcoin na store of value and if you de hodl am on the long term, you no suppose worry wen you experience price dip, because you de sure say na just matter of time price go begin to surge until e go reach a new ATH. So make di OP no worry, just continue to hodl, because after halving, gradually we go enter di main bull run where you go see massive ROI for your capital.

What a great statement, we really need to grow our minds towards being aware of e everything that's relating to Bitcoin so that we won't shiver when some situation arises, this is not the first time bitcoin is dropping in price, so let it not look like this is happening for the first time, after all the initial purpose for bitcoin creation was for p2p then the investment aspect was introduced, I somuch know that those that believe and comprehend the concept of Bitcoin do not panic when things like this occurs, i think bitcoiner should take this as an opportunity to do what is expected of a bitcoiner which is accumulating the said asset, premature selling as you said should be discouraged, although this decision is left an individual investor to make but if i am to advise any investor i will say that is better for us to avoid quick decision to sell this time in other not to make mistakes, I somuch believe that a good news is coming but it depends on how steadfast you are in your hodling and accumulating decision.

[Pi-network314159]

So I needed to ask this; does long term Investors do sell their coins in periods like this and accumulates again during the Dip and Halving by applying the DCA method?

No I don't think so. The name long term investors should even let you know that they are not In rush to sell their coin so quickly regardless of the dip in price of bitcoin.

Or they just keep accumulating and topping up with their initial holding? Because there'd be much lost counts if logical measures such as to sell and reaccumulate again is not applied in such situations.

You should know that we have short and long time investment. The long term signifies the HODLers while the short term are the traders. So you should chose a line inbetween them either you trade or you Invest and HODl, is a mater of choice.

So amongst us here who's feeling emotional biased with the current volatility of the bitcoin market?

It is only a trader that can feel biased by the dip in bitcoin price, but the HODLers are happy buying the dip