Bitcoin is volatile and that means you are likely to hear the term “paper hands” thrown around. It is a derisive label given to investors who lack the fortitude to withstand market fluctuations. These individuals, gripped by fear and emotion, hastily sell their bitcoin holdings during dips, effectively crystallizing their losses. This knee-jerk reaction stems from a fragile mindset which often leads to premature exits from potentially profitable positions.

The “Paper Hands” Syndrome

The “paper hands” syndrome is antithetical to the principles of disciplined investing and long-term wealth creation. Bitcoin, like any other asset class, is subject to cyclical movements, with…

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