Why do people still hold on to Bitcoin when it drops?
In the early days when Bitcoin is still relatively cheap, there is no problem holding on to it. But ever since, the price is now rocket high, so any price drop can be significant impact to one's financial resources.
Because years from now it will be worth much, much more than today! You do not lose anything unless you hit that sell button!
Bitcoin has proven to rebound substantially after a price drop. Perfect for traders to take profit.
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