#Bitcoin price drop is just a normal day in the world of crypto. But always remember, there's nowhere else to go but up due to the law of supply and demand. So here's a good advise.
In my 10 years of involvement in crypto, when $BTC was just over $1,000 a coin, until now, I've seen the price crashed multiple times, but it was able to get back up even higher as swiftly as it went down.
In the course of those years, I've made more mistakes than successes because of panic selling. I had a few $BTC TC when it was just over $14K and went up to $20K, but crashed to $17k, before panic sets in and sold all of them. Then suddenly it went past $30k. Worst mistake ever. Now I can't even accumulate 1 full BTC since I've already diversified my portfolio due to high price of BTC.
So to all you noobs (beginners) in crypto who are currently at the state of shock after buying at highs your current holdings, it will be the same mistake I did if you sell them now during a bloody season.
My advise to you is either take this as an opportunity to buy more at a bargain and accumulate your holdings, and wait for the next pump even how long it will take. OR, if you ain't got no extra funds, stop looking at the charts and forget about everything for now. Live a normal life for the meantime.
You will be shocked with gladness and a wide smile on your face, when you come back on or before the Bitcoin halving, when the prices of all the holdings you have now have gone past the roof.
Been there, done that. Seen it many times before. Avoid the mistakes of selling during a crash. Instead, use this opportunity to learn how day trading and scalping work, and take advantage of the price swings for additional profits.
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