Stay with Bitcoin in market volatility

[Saltysugar99]

The market cycle of bitcoin is actually not a very complicated matter, but many newbies often misunderstand it. The price of bitcoin never goes in one direction. Sometimes it starts increasing slowly, due to which some people's interest increases. Then if the price increases further, many people start talking about profits, many new people start buying bitcoin. After that, when long-time holders or big investors start selling bitcoin according to profit, the price starts falling again. Fear enters new investors. This is how the cycle of bitcoin and the mental cycles of people change.

Market volatility and Our Psychology:
When the bitcoin market is a little calm, investors start accumulating. Many people lose hope when they see the price not increasing according to their expectations. After that, the price suddenly starts rising over time. Then interest can be seen again among people. Then many people start talking positively in various way like including social media, giving imaginary predictions. After that, if the price suddenly goes into correction again, fear spreads among people again. The price continues to decrease or increase like this for a long time. I have just given an example, it is not possible to predict the price in reality.

Understanding Cycles According to Investing  Journey:
Here it is clear that the bitcoin market cycle works on human psychology. And to survive this cycle, you have to control yourself mindset. You should always be calm when making your own decisions. Another important thing is that cycles are not the same for everyone. For a person who has started investing for 1 year and is still in the accumulation stage, the market volatility changes will work in the different  way. And if someone else has been investing in bitcoin for 4 years or more, the market changes in the current cycle will be different according to their average purchase price. Newbies calculate profits by looking at the price cycle, but those who are experienced and think about long-term holding adjust buying capacity by looking at the price. And to understand the bitcoin cycle correctly, you need to pay attention to the stage you are in in your investment journey, not just the bitcoin market cycle.

Because every cycle will not be exactly the same. The bitcoin volatility will not work the same way for everyone. Therefore, you have to build bitcoin from within the volatility , keeping your own cashflow, your own reserve, and your own time horizon in mind. In this way, those who survive are the ones who are ultimately successful.

[Fiatless]

The Bitcoin halving is an important event that every long-term investor should consider. During the halving, the mining reward is cut by 50%, which leads to a reduction in the rate of Bitcoin in circulation. When the supply is reduced, the price naturally increases. The price of Bitcoin has never failed to increase after this event.

The problem with most newbies is that they become interested in Bitcoin when the price is increasing. But they don't know that high profitability is achieved when you buy during a bear market and sell when the market picks up in the bull run.

[Creeper0]

It is very important for an investor to understand halving and adjust the level of investment following the halving. Bitcoin is attractive because Bitcoin is volatile. The main reason for this volatility is the change in demand and the change in supply. Although halving is not directly related to demand, it is directly related to supply.

When the supply in the market is halved due to halving, the demand for Bitcoin remains the same or increases slightly, since the supply is decreasing but the demand is the same or increases, so the price of Bitcoin will continue to increase. When the price increases and goes beyond the purchasing power of some people or some investors start selling their investments to take profits because they are profitable, then the demand decreases relative to the supply, and the price also decreases. When the price decreases, investors increase the demand to buy more Bitcoin at a lower price, in this case, the demand increases relative to the supply and the price of Bitcoin continues to increase again.

Basically, we see volatility in Bitcoin prices due to volatility in demand, and we see price pumping during the halving due to the supply being halved. This price increase and price decrease affects people's interest or demand, some buy more during the price decrease and some sell in panic. The opposite also happens during the price increase.

[SmartGold01]

Because every cycle will not be exactly the same. The bitcoin volatility will not work the same way for everyone. Therefore, you have to build bitcoin from within the volatility , keeping your own cashflow, your own reserve, and your own time horizon in mind. In this way, those who survive are the ones who are ultimately successful.

The market cycle doesn't always repeat itself and if you look past few years and with the just concluded circle you would see that they are not the same, and of course Many people didn't expect it the way the market moved. Although, most of the things that influences the circle is News, when there are positive news around the space you would see that the market will always reacts and reflect to the news at hands.

[PremiumcryptoHub]

The Bitcoin market cycle is actually not a very complicated thing but if someone does not understand it then it is difficult, just like you mentioned as a small member of the naija board, many may not be able to do it or understand it. Anyway, the main theme of your post is that stay with Bitcoin in the market volatility, that is, even if the price of Bitcoin becomes more volatile due to various cycles, wars or various events in the market, you should stay with Bitcoin.

Moreover, I think that although it is not important for small investors to understand halving at the beginning of Bitcoin investment, they should learn them step by step later because I also try to explain it to many inexperienced people in our country often. In fact, each cycle will not be exactly the same because we know that the speed of creating new supply of Bitcoin decreases in each cycle, as evidenced by the latest halving block reward dropping to 3.125 BTC.



So when the supply decreases, its price naturally increases, so you have to build Bitcoin savings amidst volatility, keeping cash flow, time frame and long-term plan in mind.

[brother brother]

This is the important aspect for every investor to put into consideration with full knowledge of bitcoin volatility, having such mind will help you know bitcoin is a long term investment which it's value can change rapidly and making it higher risk investment.

[Ishicryptic]

Some newbies enter Bitcoin investment without doing any research on their own, they base their decisions on what they heard that Bitcoin have made many people millionaires which is true but they don't know that it is not a get rich quick scheme and they enter the market with too much expectations to make profit immediately. Bitcoin is a volatile asset that has seasons so it is not possible for it to be continuously being profitable without a dip in price and that is the time that experience matters. Newbies who don't understand how the Bitcoin market works will seriously panic and want to sell off before all their funds disappear but if they understand that Bitcoin has always recovered after every dip they will use the opportunity of dip to buy as much as they can. Newbies should know that in dip their Bitcoin is not lost it is only the value that reduced because it is a volatile asset.

[Mhizlove]

When it comes to bitcoin the real advantage is patience because the Market will always move, people will always buy a d sell and there will be always news about the market and how its going. But if you're going into bitcoin without a clear mind especially the newbies, the market will end up controlling such person.

Just with a little steady approach, don't rush and know why you're buying for the first place because it will end up helping or saving you From alot of regrets at the end of everything because it's not who react fast to the Market that wins rather na people wey calm down think well and stay consistent nai go gain m

[Sammye3]

No matter the advise you give to an investor without the basic knowledge of bitcoin investment, it would be void. The principle factor that guides every decision taken in an investment is "knowledge", which most people neglect but rather invest based on hype without any strategy.

Bitcoin volatility is a normal phenomenon in the crypto market and every investor should have that in mind. Bitcoin is not an easy money making tool as most people think. You don't give advise to people about holding on to bitcoin when they lack the fundamentals to understand bitcoin.

[fredericktaylor]

When it comes to bitcoin the real advantage is patience because the Market will always move, people will always buy a d sell and there will be always news about the market and how its going. But if you're going into bitcoin without a clear mind especially the newbies, the market will end up controlling such person.

Just with a little steady approach, don't rush and know why you're buying for the first place because it will end up helping or saving you From alot of regrets at the end of everything because it's not who react fast to the Market that wins rather na people wey calm down think well and stay consistent nai go gain m

The price of Bitcoin increases and decreases depending on the demand of people. When people buy more Bitcoin and hold it for a long time, the price of Bitcoin increases, and when people sell more than they buy Bitcoin, the price of Bitcoin decreases. The price of Bitcoin will increase at some point and decrease at some point and this is normal, if the price of Bitcoin only increases and never decreases, then it will become very difficult for the general people to buy Bitcoin. Do not be disappointed if the price of Bitcoin decreases because a new opportunity is available for investment and those investors who can use the opportunity correctly and patiently wait for the better times in the future are the ones who can ultimately profit from Bitcoin in the long run.

[Doan9269]

I do pity some people whereby they will invest on altcoins during Bitcoin market dip, expecting that they will take advantage of making quick profit from this altcoins without knowing the risk involved, it is important that we know that there are seasons and every one of these have the bull and bear, which will determine whether we are buying or selling or even holding until the market is profitable for us to sell, we may only need more patience with bitcoin because it is always reliable than any other coin when we invest in it.

[Hewlet]

Because every cycle will not be exactly the same. The bitcoin volatility will not work the same way for everyone. Therefore, you have to build bitcoin from within the volatility , keeping your own cashflow, your own reserve, and your own time horizon in mind. In this way, those who survive are the ones who are ultimately successful.

It is important for an investor to understand how the bitcoin halving works as well as when one is expecting it to happen. After fully understanding it, an investor should fully relate it to himself based on the time one gets started in his investment.

If for instance an investor starts investing mid way into the bitcoin halving and have an investment duration of eight years before he plans to take profit or make any sells, at the right time, it will be at the mid of another circle and depending on the current price of bitcoin at the time, the investor has to determine if it's wise considering any form of sells at that point or to remain invested for a longer period of time upto like the end of the circle. That's the best way to relate the structure of the bitcoin circle to your own investment plan and duration.

[DiMarxist]

Op you raise a very important point because Bitcoin is not that complicated as alot of person's will make it look like, it all boils down to the fact that for you to successfully invest in Bitcoin there are factors that should be there. Such factors includes having a good psychology of the market and how it works, if an individual understands that the market is volatile such a person will prefer and adjust his mindset towards it. Understanding Bitcoin cycle is important it will help shape your investment options.

[Saltysugar99]

Op you raise a very important point because Bitcoin is not that complicated as alot of person's will make it look like, it all boils down to the fact that for you to successfully invest in Bitcoin there are factors that should be there. Such factors includes having a good psychology of the market and how it works, if an individual understands that the market is volatile such a person will prefer and adjust his mindset towards it. Understanding Bitcoin cycle is important it will help shape your investment options.

There are many who do not easily understand the volatility of Bitcoin's price also cannot accept it. Long-term investment becomes very difficult for them. With the fluctuation of Bitcoin's price, their mental condition also becomes unstable. But after a long time, the price of Bitcoin keeps increasing, based on that, one should understand the cycle and hold it. And as this matter is simple, it should be understood simply. There are many investors, they make the simple matter more complicated by understanding it in a difficult way. There is nothing complicated here. Just not let our mentality become unstable with market instability, that is enough.

[Dex_master25]

I have so far come to understand that any Bitcoin investment is due to become something substantial overtime maybe up to a decade or more because of the market volatility that is a function of its bear and bullish season respectively.
Any consistent effort in DCA or lump sum strategy of investment could level the plain field between the wealthy and those who are poor in the society, because it really doesn't matter how much is invested but how patient the investor is to wait for the right time to liquidate or diversify their asset.
Those who panic and sell often lose out too soon as compared to those who wait patiently till they think it has matured enough which is often time up to 10 years after halving events has occurred and the price tends to an all time high with returns that amount to much.
Bitcoin investment is a great choice for wealth if an investor is patient enough.

[Jostern]

Volatility in the market presents a different opportunity for everyone who have been investing in Bitcoin, and have been making investments in Bitcoin a very profitable investment, personally as an investor when there is volatility in the market, I would take that as an opportunity to keep buying more Bitcoin on a regular basis and on a weekly basis of buying Bitcoin considering when I have a discretionary amount available, that would be something I have to be appreciating, for the long term purposes, when there is a volatility keep buying and stacking bitcoin because bitcoin would definitely present us with a New ATH.

[PhilosopherKing]

Some newbies enter Bitcoin investment without doing any research on their own, they base their decisions on what they heard that Bitcoin have made many people millionaires which is true but they don't know that it is not a get rich quick scheme and they enter the market with too much expectations to make profit immediately. Bitcoin is a volatile asset that has seasons so it is not possible for it to be continuously being profitable without a dip in price and that is the time that experience matters. Newbies who don't understand how the Bitcoin market works will seriously panic and want to sell off before all their funds disappear but if they understand that Bitcoin has always recovered after every dip they will use the opportunity of dip to buy as much as they can. Newbies should know that in dip their Bitcoin is not lost it is only the value that reduced because it is a volatile asset.

People that gets too obsessed with profit will not be able to be calm when Bitcoin price go down. Every dip will feel like a huge loss, because they will always want bitcoin price to be surging upwards. But if a person mindset is long term, that same dip will be seen as opportunity to ongoingly invest more so that you can build up your stash. Bitcoin price will never go in one straight way, it fluntuates  because thousands of people are buying and selling it continuously.

This is what people have to understand so that they will quit selling  when price falls.