marksn on Nostr: Holding Bitcoin over the years can be challenging folks due to its extreme price ...
Holding Bitcoin over the years can be challenging folks due to its extreme price volatility. Plebs often face emotional highs when the price surges and stress or anxiety during sharp declines. This constant fluctuation can trigger fear, uncertainty, and doubt, making it hard to resist selling during downturns or greed when the market rises. Mental health is key to successfully holding Bitcoin long-term, as it requires emotional resilience, patience, and a strong conviction to withstand market cycles without making impulsive decisions driven by short-term price movements.🙌
Published at
2024-10-24 07:17:12Event JSON
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"content": "Holding Bitcoin over the years can be challenging folks due to its extreme price volatility. Plebs often face emotional highs when the price surges and stress or anxiety during sharp declines. This constant fluctuation can trigger fear, uncertainty, and doubt, making it hard to resist selling during downturns or greed when the market rises. Mental health is key to successfully holding Bitcoin long-term, as it requires emotional resilience, patience, and a strong conviction to withstand market cycles without making impulsive decisions driven by short-term price movements.🙌",
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