Bitcoin’s Price Under $7K: Don’t Worry, Stay In HODL Strategy

The resilience of investors in Bitcoin is being tested.

Bitcoin started the year 2019 below $4,000 in the midst of a prolonged bear market that had started in early 2018. Since then, you have been reading articles from Bitcoiners all over the place defending Bitcoin, saying that the best is yet to come.

The drop in the price of Bitcoin below $7K may have shaken your beliefs and you are about to panic. This would be a total mistake because with Bitcoin, as with all investments, you must keep a cool head so as not to make monumental mistakes.

I will therefore give you my position and try to reassure you by showing you that this fall in the price of Bitcoin below $7K is a non-event.