Recently, a blockchain blogger on Weibo shared an image of a fully packed passenger ship, indicating that the number of people waiting to purchase Bitcoin once it falls below 20,000 USD will be immense. This has understandably sparked heated discussion among investors.

One commenter reminded others of the important investment principle of "buy high sell low". Another used an image of a sinking ship to warn those waiting for Bitcoin to fall below 20,000 USD that they may find themselves in trouble. This also brought up some unrealistic expectations from investors - such as being near the upper deck on the 115th row, believing the ship won't capsize.

However, one commenter pointed out that we should not make overly hasty judgments, believing the possibility of the ship capsizing "won't happen so soon". Meanwhile, another expressed greed in saying they will only enter the market once the price falls below 19,999 USD. The final reply reminded us not to ignore other coins in the same industry like Ethereum.

Overall, this Weibo discussion reflected investors' psychology and attitudes when facing a big drop from different angles. But we need to remain calm. Bitcoin's short-term price fluctuations are more a part of normal volatility rather than "falling below 20,000". Long-term holding is the mindset we should have. In addition, we should not be too greedy or hasty, but take a prudent and holistic view by considering other projects too. Only with a rational and comprehensive perspective can our investments minimize risks and maximize returns.

Moreover, it's difficult to predict the price direction of any project in the short term. We don't know when the top or bottom will occur. Making hasty conclusions could be misleading. As rational investors, we should take a prudent view by weighing different possibilities, without being swayed by individual prices or comments. With a long-term and level-headed approach, our investments can achieve the best returns.

Furthermore, while Bitcoin is the largest, the blockchain ecosystem has become highly diverse. We shouldn't fixate on one project alone, but take a multi-angled view of different initiatives. Ethereum as the second largest public chain is developing rapidly in terms of applications and shouldn't be overlooked. Emerging star projects like Cosmos and Polkadot are also providing more options.

Lastly, both opportunities and risks come with price fluctuations. We need to make rational decisions based on our own risk tolerance and investment goals, without being too greedy or pessimistic. Long-term holding is the right stance for crypto investment. For those with capacity, selectively adding on appropriate dips is also an option.

In summary, as experienced investors, we need to take a prudent view by comprehensively and deeply analyzing various possibilities, without being misled by individual prices or comments. Only with a rational and long-term mindset can our investments achieve the best returns.

link：https://x.com/ashcryptoreal/status/1715422039404908682?s=46&t=FunlQEfGFzXQTrgmWiZiGw