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Panic on the bearish market?

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@alexvan
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Hi,

I see a lot of panic today, where most people say that BTC will continue it's bearish trend, good I say, cheaper crypto for me.

I really can't understand this panic, especially the panic selling, as I like to hoard my stake and see it grow.

One thing that I did not manage to do, is to detach it from a FIAT comparison value, as I still think in terms of EUR and USD. When this will be done, crypto will be less emotional and the fluctuations will be not felt as strong as they are now.

I've got some friends that panic sold some BTC, only to see that they've sold at the lowest point of the dip. And like every beginner, they've bought back at a higher value.

My suggestion for them was to let crypto alone for some days, as they have the wallets on the ledger. Just take some weeks off and let it slide. Maybe let it some months or years alone. People that have entered 5-6 years ago and let the investment sit, made a fortune.

My take would to keep calm and keep buying. It is the only thing that makes the stake grow in the long run.

Work on your precious stash and let it grow for a couple of years. With the leverage you get, you might land on a very sweet spot in the end.

Do you use this opportunity to buy more? Or did you panic sell?

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