Hello everyone, recently there has been a lot of panic on this forum due to the big price change of Bitcoin (as it always happens). Understandably, many people are confused and worried as they have lost thousands in their value, especially if they have bought higher than the current price. But as someone who has been into Bitcoin for 1.5 years (not too long, I know) I want to advice to newcomers to simply relax. Huge price swing were always a part of Bitcoin, so there's nothing extraordinary here and the worst thing you can do is to make panic trades. Basically, there are two main approaches to Bitcoin trading - you either hodl it, meaning you never sell it until it reached "the moon", or you are actively trading it to get profit from volatility. So, if you believe in Bitcoin's technology and don't experience as a trader, I suggest you to not touch your coins - Bitcoin always tends to increase in its value in the long run.

This is not an ordinary "price" swing.  The end is near for legacy Bitcoin.

If you are holding for long time you'll not look at the price now. Just be patient and the price will rise again.

BTC corrections is usual market behaviour. So it is better to be long term holder and be patient with such corrections  Long term holders sometimes gain more profit than good traders

More people was afraid of bitcoin to fall or maybe to end. But in the history of bitcoin, the value of bitcoin was changing day by day and it takes a year or a month for bitcoin to have a higher value. So, if you only think about money. You must try other alternative way rather than bitcoin.