Bitcoin’s price has plummeted by over half since its all-time high of $126,272.76 four months ago, but some investors remain convinced in the cryptocurrency’s potential.
One investor describes volatility as “the price of admission” for bitcoin, indicating that market fluctuations are an inherent part of investing in the crypto. Despite the recent downturn, investors continue to hold onto their bitcoin, undeterred by the significant losses.
Source: https://www.marketwatch.com/story/bitcoins-50-plunge-from-highs-hurts-a-little-but-it-isnt-shaking-these-investors-conviction-304b2ba6