The painful correction,the boring, frustrating phase where the price stays low and the regret of I wish i had sold.. If you’re feeling like you made a mistake of not selling because the conditions are unfavorablle, you’re likely just experiencing the exhaustion phase of the cycle. Everyone does. No one is actually happy right now that bitcoin price seems not to be returning to the upside soon. But history shows that the market doesn't care about our if I had only known stories.. It only rewards the few who have the courage to stay the course when the pain in the ass factor is at its peak..
Many of us who are well experienced in this regard will always advise that investing with money you are likely going to need in a short time is a big mistake, only invest in bitcoin with a extra money, one you are very sure you aren't going to need in a long time.
And very importantly, make sure you are working or running a business that is generating income for your either weekly or monthly, you can even commit a small percentage of this income to buying bitcoin weekly or monthly, wit this strategy, it is very possible for one to hold all through any level of storm without feeling any mental exhaustion or whatever.
Mental exhaustion usually comes when you become in dear need for money and you are always watching the one you invested in bitcoin fluctuating below your initial capital, but if you have other means through which you make money from, you won't bother about this, but you will even see every price drop as an opportunity to buy more so as to increase your position in the crypto asset you are investing in.
