All you really need to do is believe in the future of Bitcoin.
No matter what the market situation is, you shouldnt panic. Older investors have already seen Bitcoin go through a lot of ups and downs, in fact, there have been times when people thought Bitcoin was dead, but it always managed to rise again. In short, its been tested over time. No bad news has ever truly disrupted the market or caused it to collapse.
So just relax. If youre investing for the long term, just HODL.
I don't want to bet my money on beliefs. The market should be analyzed, not trusted. Bitcoin is a financial asset, not a religion.
There's nothing wrong with reading bad news about Bitcoin and the crypto market. The problem is how do we distinguish the real bad news from the fake news. Fact checking is a must. Social media is full with clickbait fake drama garbage. Just look at most Youtube videos about Bitcoin. Half of them are "BTC will crash to 1K soon", the other half are "Bitcoin will hit 1M soon". We can't just stay in our own "Bitcoin will go to the moon, no matter what" bubble. I can't be 100% sure about Bitcoin price always going up and that the process of BTC adoption will keep going without any obstacles.
Yes, Bitcoin is a financial asset, not a religion, but its value is based precisely on trust and increased competition with the aim of mining more Bitcoins.
I think it is clear to many what could happen to the price of Bitcoin if, for some reason, people lose faith in this technology.
Recently, there has been a lot of fake information in the media, to which markets are very sensitive. Therefore, before investing in Bitcoin and other risky assets, make sure that you will not need the invested money for several years. Anything can happen in the world, and this must also be taken into account in your risk management.