The USD down, Bitcoin down, Every red, but Don't let anyone take your Green seat

[Call_Me_Guru]

If there's a country people I wish the most investment success in the next coming bull run in Bitcoin, it is my Naija fellas, which is why I made this post to ginger us, keep us alerted and see the opportunities in the present down-pouring in Bitcoin. The last time I checked today, Bitcoin way at ≈₦91 Million. That's serious. This represents a drop from the height of almost ₦200 Million. The bleeding is not gonna stop so soon, no, but take a deep breath, don't you see it as an opportunity, considering the past history?

The Post-Halving Reality:
Historically, the 2 years after a halving is never a straight line northward. We are currently in the "Re-Accumulation Phase." That is why the large institutional players like ETFs, market makers love these moments, they eventually make more money. As you panic, they see an opportunity and when you sell in panic without a Buyback plan, a BlackRock or a Fidelity is likely the one buying your "discounted" coins.

The Naira Factor (The Double-Edged Sword):
While the BTC price in USD is dropping, our local Naira price is apprecaiting to make it drop more, a double trouble for HODLers. The stablecoin holders are equally not spared. The rate has dropped drastically below ₦1,400 per USD in some outlets. For those who have their Bitcoin till now, Don't Sell, that will be a trap and a painful loss. You are already late to exit, don't panic, Bitcoin will rise back. Look for more lower levels to buy more if you can. I don't think you will regret doing that. Learn from this next time and exit appropriately at the most feasible ATH for the opportunity to Buyback at a cheaper price to make more money.

From another angle:
Bitcoin is a hedge against inflation. At the current price (₦90M), Nigerians are well favoured, Bitcoin in 3 years + months to come can't be that same value. It could be more than ₦250M then. Check history!
But what kills faster and causes panic which induces wrong decision is constant checking the Bitcoin chart and crypto app. Mehnnn, you have to stop, it could trigger Buy and Sell for both parties.

To avoid emotional mistakes:

1. Have a disciplined scheduled time for checking (if you want to buy and looking for the best price).
2. Consider DCA (Dollar Cost Averaging) technique and space up the accumulation frequency.
3. Do it when the Sell Volatility has come down.

If you ask me, I prefer to buy the dip than wait for ₦170M to start FOMOing again.

[Coyster]

You no lie for wetin you talk, but the truth be say people go still sell. Some of them dey sell because they have no choice, based on say dem put almost all of their funds for bitcoin, so their hands are forced and they have to liquidate. That na why we dey always advise people to have emergency funds, you can do that through saving a percentage of what you earn in real life. This savings would be kept in your bank account, ready to be accessed as soon as you need it.

That said, if you are not selling for the reason above, then i don't see why you should let go of your coins. Don't fall for fud on social media and do not panic sell, you could end up regretting it later on.