What Should Long-Term Investors Do If The Price Of Bitcoin Drops?

[katanic97]

Due to the fluctuation of Bitcoin price most investors who are holding their Bitcoin are scared of losing their entire Bitcoin because of the frequent changes of Bitcoin price recently, some investors are panic of selling all their Bitcoin because they don't want to lose everything.

So what are your advice to those long-term investors?
Should they sell their Bitcoin or they should keep holding to it despite the unstable state of Bitcoin price recently?

Personally I would keep hodling.

Buying out of FOMO (fear of missing out) is just as stupid as selling out of FUD (fear, uncertainty and doubt). This is how people lose money. And it is a lesson that most veterans here know and understand. But it was a painful lesson which is why we keep telling newbies to not trade on emotions. Unfortunately nobody listens to us and most people seem to need a painful lesson to learn how to hodl.

Realistically, every one of us has gone through that kind of painful experience at least once. Most of us have been through something like that, missed some opportunities, sold when we shouldn't have, but we learn from our mistakes. It is best to learn from other people's mistakes, but sometimes we also have to learn from our own to know how to act in the future. Many people i know went through this because they were trading based on emotions, and what is interesting is that they had someone to listen to, someone who could give them advice and explain what to do, but they still made mistakes

[Fiasem20]

So what are your advice to those long-term investors?
Should they sell their Bitcoin or they should keep holding to it despite the unstable state of Bitcoin price recently?

Short term price movements has made a lot of bitcoiners sell their coins at a lower price rate.If your goal is actually for the long term then it’s wise you fix your goals on the long term and stop monitoring the price of bitcoin because monitoring the price might make you become more anxious and anxiety can lead you to sell your bitcoin.It’s also important to adopt the DCA strategy because it would make you less anxious,you’re focus would only be on accumulating your coins in a fixed amount at a regular interval.The price decline of bitcoin shouldn’t be a big deal to anyone that has decided to hold their bitcoin for the long term reason is because the short term price decline can also stand as an opportunity to accumulate more bitcoin into your portfolio at a low price.

[Rhow]

It's only if you sell your bitcoin that you're at loss but if you don't sell when the price is low, you are not at loss because 1btc=1btc. Don't worry about the dip because the price will surely bounce back which is where you are to continue to hodli overtime till when the price has reached your price target to sell. Don't panic because it will lead to wrong decisions that will make you regret. Just hodli and if possible, buy more if you have extra funds.

Your idea is quite good. But the problem is that if there is a situation to sell it at that moment, there will be a loss. Let's say someone bought 1 BTC for $80,000. If after a few months the price drops to $60,000, then even if he has 1 BTC, his asset is at a loss of $20,000 according to the market value. You are right that if he does not sell, then the loss is not being realized. But that does not mean that the value of the asset has not decreased. Especially if someone is forced to sell at that moment, then he will almost certainly face a loss. Therefore, the important thing is to consider the financial situation. Do not invest with money that may be needed very soon. If someone has an emergency fund and will not need the invested money for many years, he can wait even if the price drops. But if someone has invested money for medical expenses or necessary family expenses, he will have no choice but to sell at a loss.

[WatChe]

Realistically, every one of us has gone through that kind of painful experience at least once. Most of us have been through something like that, missed some opportunities, sold when we shouldn't have, but we learn from our mistakes. It is best to learn from other people's mistakes, but sometimes we also have to learn from our own to know how to act in the future. Many people i know went through this because they were trading based on emotions, and what is interesting is that they had someone to listen to, someone who could give them advice and explain what to do, but they still made mistakes

We all learn though our mistakes, which we make while we are in initial phase of our investment journey and that is nothing to worry about. But if are continuously repeating our mistakes then thats something we need to worry about. If someone is investing for long term then first thing he need to be aware of is that price of Bitcoin will go up and down during his long term investment plan. One must refrain from long term investment, if he don't have strong nerves to withstand the bitcoin bearish season.

[SquirrelJulietGarden]

We all learn though our mistakes, which we make while we are in initial phase of our investment journey and that is nothing to worry about.

It's a big potential problem for your finance, not only your investment capital and investment result so you must take it into consideration very seriously. You will only have your second chance or more chances if you never use all money you have for anything. Even it's your Bitcoin investment, and Bitcoin is an excellent investment asset in long term, if you make mistake, you can lose  your bitcoin and your money. If a single loss means losing all money you have, you are done there, no more chances.

But if are continuously repeating our mistakes then thats something we need to worry about.

You will only have chances to repeat mistakes if you did not use your all money and lose it all as I wrote above.

[Nothingtodo]

Due to the fluctuation of Bitcoin price most investors who are holding their Bitcoin are scared of losing their entire Bitcoin because of the frequent changes of Bitcoin price recently, some investors are panic of selling all their Bitcoin because they don't want to lose everything.

So what are your advice to those long-term investors?
Should they sell their Bitcoin or they should keep holding to it despite the unstable state of Bitcoin price recently?

Those who invest for the long term will not be disturbed no matter how good or bad the market conditions are until the specified time comes, but they will hold on until their target is reached.
But for those who are always afraid and express disappointment after investing, it is basically not possible to hold on to Bitcoin. If the market starts dumping after they invest, they are ready to sell their investment quickly. But those who have experience with such markets in the past, no matter how bad the market is, they do not get disturbed and hold on to their holdings patiently.

[Jerrycrypto2024]

Long investor who is yet to accumulate is an opportunity for buying more is there any need for panic it's only those who are already stock more than enough and waiting to pull out some profit that will feel angry though generally no body feel happy when price is going down but is a good advantage of buyers who are seeking means to accumulate. The best is to keep buying but I won't insist that such investor keep buying if he have more than enough it's best to channel on what will be waging war against anything that will make such investor sell in lost while waiting for the market to come up but where the money is there is buying mire is the best option.

[Antotena]

Short term price movements has made a lot of bitcoiners sell their coins at a lower price rate.If your goal is actually for the long term then it’s wise you fix your goals on the long term and stop monitoring the price of bitcoin because monitoring the price might make you become more anxious and anxiety can lead you to sell your bitcoin.It’s also important to adopt the DCA strategy because it would make you less anxious,you’re focus would only be on accumulating your coins in a fixed amount at a regular interval.The price decline of bitcoin shouldn’t be a big deal to anyone that has decided to hold their bitcoin for the long term reason is because the short term price decline can also stand as an opportunity to accumulate more bitcoin into your portfolio at a low price.

Short term market shouldn't shake off if the market condition isn't favorable unless you don't have long term conviction on your investment. I think it's just childish to sell an investment if the price drop and I'm not talking about Bitcoin alone. I'm speaking for all the investments where you know very well that there is a risk involved in what you are doing and yet you decided to make the investment and get scared for what you know before you buy it.

As long as it's an investment you are doing, the price will experience a fall and it's not like the price will drop 50% in a day. That's not like Bitcoin, those days were early days of Bitcoin when retailers don't have confidence in the market. If institutional investors that has billions invested in the market refused to panic about Bitcoin investment, your 5 figures shouldn't move you even if something terrible happens to the market.

[katanic97]

Realistically, every one of us has gone through that kind of painful experience at least once. Most of us have been through something like that, missed some opportunities, sold when we shouldn't have, but we learn from our mistakes. It is best to learn from other people's mistakes, but sometimes we also have to learn from our own to know how to act in the future. Many people i know went through this because they were trading based on emotions, and what is interesting is that they had someone to listen to, someone who could give them advice and explain what to do, but they still made mistakes

We all learn though our mistakes, which we make while we are in initial phase of our investment journey and that is nothing to worry about. But if are continuously repeating our mistakes then thats something we need to worry about. If someone is investing for long term then first thing he need to be aware of is that price of Bitcoin will go up and down during his long term investment plan. One must refrain from long term investment, if he don't have strong nerves to withstand the bitcoin bearish season.

Nobody likes a bear market, but it is always present. Someone who is just starting to invest now, at a time when very little is known about the price, will find it very difficult. That period needs to pass so a person can get used to possible losses at the beginning. Once you get through that, everything becomes much easier. At least that's how it was for me...

[Rabata]

Short term price movements has made a lot of bitcoiners sell their coins at a lower price rate.If your goal is actually for the long term then it’s wise you fix your goals on the long term and stop monitoring the price of bitcoin because monitoring the price might make you become more anxious and anxiety can lead you to sell your bitcoin.It’s also important to adopt the DCA strategy because it would make you less anxious,you’re focus would only be on accumulating your coins in a fixed amount at a regular interval.The price decline of bitcoin shouldn’t be a big deal to anyone that has decided to hold their bitcoin for the long term reason is because the short term price decline can also stand as an opportunity to accumulate more bitcoin into your portfolio at a low price.

Short term market shouldn't shake off if the market condition isn't favorable unless you don't have long term conviction on your investment. I think it's just childish to sell an investment if the price drop and I'm not talking about Bitcoin alone. I'm speaking for all the investments where you know very well that there is a risk involved in what you are doing and yet you decided to make the investment and get scared for what you know before you buy it.

As long as it's an investment you are doing, the price will experience a fall and it's not like the price will drop 50% in a day. That's not like Bitcoin, those days were early days of Bitcoin when retailers don't have confidence in the market. If institutional investors that has billions invested in the market refused to panic about Bitcoin investment, your 5 figures shouldn't move you even if something terrible happens to the market.

I also agree that one should not panic and sell long-term investments due to short-term market fluctuations. In the case of long-term investments, it is important to maintain a regular source of income and create a separate fund for emergencies. Sometimes, having an emergency fund for urgent needs such as medical care, family expenses, or an accident reduces the need to sell saved Bitcoin. Again, not everyone's income responsibilities and financial capacity are the same.

The best way to hold Bitcoin in the long term is to create a financial foundation so that short-term market fluctuations do not create a situation where we have to sell Bitcoin. Along with investing from discretionary income according to your cash flow. In addition to having confidence in Bitcoin, you also need to be financially prepared to maintain that confidence.

[Shineup]

Due to the fluctuation of Bitcoin price most investors who are holding their Bitcoin are scared of losing their entire Bitcoin because of the frequent changes of Bitcoin price recently, some investors are panic of selling all their Bitcoin because they don't want to lose everything.

So what are your advice to those long-term investors?
Should they sell their Bitcoin or they should keep holding to it despite the unstable state of Bitcoin price recently?

Personally I would keep hodling.

Buying out of FOMO (fear of missing out) is just as stupid as selling out of FUD (fear, uncertainty and doubt). This is how people lose money. And it is a lesson that most veterans here know and understand. But it was a painful lesson which is why we keep telling newbies to not trade on emotions. Unfortunately nobody listens to us and most people seem to need a painful lesson to learn how to hodl.

Realistically, every one of us has gone through that kind of painful experience at least once. Most of us have been through something like that, missed some opportunities, sold when we shouldn't have, but we learn from our mistakes. It is best to learn from other people's mistakes, but sometimes we also have to learn from our own to know how to act in the future. Many people i know went through this because they were trading based on emotions, and what is interesting is that they had someone to listen to, someone who could give them advice and explain what to do, but they still made mistakes

I understood that learning from another person's mistake and learning from our own mistake comes with different kind of feelings, I know of a person that I told of a mistake I made some time ago for him to learn from that but he boldly told me that he would want to learn from his own mistake and that made my advice irrelevant to him though I felt bad but I told myself that it is at his own detriment. Let's say the truth, it is more reasonable to learn from another person's mistake than your own mistake because it will save you alot  of stress, but most people don't listen until they learn the hard way.

[Obari]

Due to the fluctuation of Bitcoin price most investors who are holding their Bitcoin are scared of losing their entire Bitcoin because of the frequent changes of Bitcoin price recently, some investors are panic of selling all their Bitcoin because they don't want to lose everything.

So what are your advice to those long-term investors?
Should they sell their Bitcoin or they should keep holding to it despite the unstable state of Bitcoin price recently?

As an investor, I mean I real investor, what you are suppose to do now is simply to buy more if you have the money to do so or else just hold.
A real investor will never panic sell no matter the reason behind as long as it's not a life or death issue, so except the person is a trader that would have the mindset of liquidation.

I don't know if I have any advice for those who already know what to do because as a typical investor and a long term holder, there shouldn't be any reason why you should panic on the first place  except you're not a typical holder.

[leonair]

Due to the fluctuation of Bitcoin price most investors who are holding their Bitcoin are scared of losing their entire Bitcoin because of the frequent changes of Bitcoin price recently, some investors are panic of selling all their Bitcoin because they don't want to lose everything.

So what are your advice to those long-term investors?
Should they sell their Bitcoin or they should keep holding to it despite the unstable state of Bitcoin price recently?

Why do panic sellers sell their Bitcoin? They think that by selling at a low loss, they will buy more Bitcoin than they sold if the price drops further. After selling Bitcoin with that plan, when they saw that the price was increasing again, they were able to be patient at first, but when they saw that the price was increasing regularly, they panicked again and bought Bitcoin at a higher price than they had sold it at. What happened here? They sold it once at a loss, and then it fell again at a higher price, here they suffered a double loss.

In fact, if you panic in the crypto market, you cannot make a profit and those who want to make a quick profit end up losing. To get something good from the crypto market, you have to be patient. And in the case of Bitcoin, you must have a long-term plan. No matter how low the price of Bitcoin is, it will recover, so why should you sell your accumulated Bitcoins when the price drops and you have the opportunity to buy more Bitcoins?

[lionheart78]

Due to the fluctuation of Bitcoin price most investors who are holding their Bitcoin are scared of losing their entire Bitcoin because of the frequent changes of Bitcoin price recently, some investors are panic of selling all their Bitcoin because they don't want to lose everything.

So what are your advice to those long-term investors?
Should they sell their Bitcoin or they should keep holding to it despite the unstable state of Bitcoin price recently?

As an investor, I mean I real investor, what you are suppose to do now is simply to buy more if you have the money to do so or else just hold.
A real investor will never panic sell no matter the reason behind as long as it's not a life or death issue, so except the person is a trader that would have the mindset of liquidation.

Whether to buy more or sell depends on the current situation of the Bitcoin market. Bitcoin will not always uptrend, and I believe the time will come when Bitcoin will reach its peak and slowly settle to what its real value is.  If in case the situation is like that, investors will surely sell to at least preserve their profit.  Luckily, today Bitcoin has not reached that kind of peak yet, so it is safe for investors to buy more when the price goes down.  And yes, buying more is the best move a wise investor can make since Bitcoin is still in its growing stage and more adoption will occur in the future, making the Bitcoin price go up.

I don't know if I have any advice for those who already know what to do because as a typical investor and a long term holder, there shouldn't be any reason why you should panic on the first place  except you're not a typical holder.

True that, long term investors will be happy bagging more Bitcoin when its price plummet.  Only naive and weak hands sell the moment the price of Bitcoin drops.

[Issa56]

Due to the fluctuation of Bitcoin price most investors who are holding their Bitcoin are scared of losing their entire Bitcoin because of the frequent changes of Bitcoin price recently, some investors are panic of selling all their Bitcoin because they don't want to lose everything.

Before you put any amount into bitcoin, make sure you take your time to properly learn about bitcoin first. If you are planning to hold bitcoin for long term, there is no reason why you are suppose to panic when holding bitcoin, people that are suppose to panic are traders, because their intention is not to hold for long term. As a investor, you should know that no matter how low bitcoin price goes, it’s price will bounce back even if it’s going to take some time, so there is nothing to panic about when you know that you are holding for long term.

The people that panic when bitcoin price is dropping are people that don’t have proper knowledge about bitcoin, beginners that are just starting their crypto journey. If you panic and sell your bitcoin because of dip, then you are not ready to hold bitcoin for long term.

So what are your advice to those long-term investors?
Should they sell their Bitcoin or they should keep holding to it despite the unstable state of Bitcoin price recently?

My advice is for them to keep on holding, before you will want to sell, bitcoin price will have bounced back, and you will be in profits, so why panic. Just make sure you hold for long term, and you don’t have problem.