Disclaimer: Please note that I am not a financial advisor and this article is not financial advise. Do your own research before investing.

Hello Investor/Trader, as you might have seen it already - the price of bitcoin dropped by over $15k. So imagine if you were holding some in your wallet- you had wish you sold it earlier. Well in my opinion, this is the strategy that the whales use - they keep dropping the price to push current (sorry I have to say it - weak) holders to panic and sell what ever they own. The goal is to make people believe that they should sell now before it drops further and then you see some magic - the price is up again.

They say, whatever goes up must come down but I saw what ever comes down again will go up again... I personally believe that FUD was created to force people to sell but the price of Bitcoin will definitely hit above $50k by end of the year. It might reach it even long before the end of year. I believe so because as I have been mentioning several times in this post, those people buying what is being sold at a low price, will definitely want it to go up again - right?

Some things that I do to avoid panic selling is to assume I already lost that money and forget about it. Then I go and check it up again in a month or two. In order to be able to do that, you need to have different wallets - not sure if everyone is comfortable with that though. Please comment in the section below, what do you think is going to happen with the price of bitcoin in the next months.

Like I always do - I hope you get super rich and lead a happy life.