corrections are a transfer from the short-term minded to the long-term mindedfrom the trader to the investorunstoppable private money is not a tradetrillions ...

Core Insights - Bitcoin's price has experienced significant volatility, with a drop of approximately 21% from around $111,642 to $88,000 over the past month, highlighting the importance of a long-term investment strategy [3][4][5] Group 1: Market Performance - Bitcoin reached an all-time high of approximately $126,000 on October 6, driven by strong investor demand, before experiencing a pullback [4] - The current price of Bitcoin at around $88,000 represents a notable decrease, which can be frustrating for investors who bought at higher prices [3][4] Group 2: Investment Strategies - Short-term volatility is common in the cryptocurrency market, and while it can be stressful for short-term traders, it presents buying opportunities for long-term investors [5] - Dollar-cost averaging (DCA) is a recommended strategy during volatile periods, allowing investors to invest a fixed amount at regular intervals, thus avoiding the pitfalls of trying to time the market [6][7] - By employing DCA, investors can lower their overall cost basis, especially if they invest gradually during price declines [8]

Are you more of a short-term trader or a long-term holder?🔹 Trader 💹🔹 Holder 💎🔹 Both ...