New short-term investors may be contributing to the general reduction in Bitcoin’s value by selling their holdings in response to the current drop.<\/strong><\/span><\/p>\nWhat to do with cryptocurrencies at this time?<\/h2>\n
As long as your crypto investments don’t keep you from your other financial goals and you’ve only put in what you’re ultimately prepared to lose, experts recommend using the same strategy that works for all long-term investments: set it and forget it<\/strong>.<\/span><\/p>\nIf this sort of extreme decline bothers you, you may be overly reliant on your crypto assets. Only put your money where you’re willing to lose it<\/strong>. Even if the price drop has made you reevaluate your crypto holdings, the same advice applies: don’t act quickly or modify your strategy.<\/strong><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"On Thursday evening, the price of bitcoin went below $39,000, falling below $40,000 for the second time this month. Bitcoin’s price dipped below $40,000 for the first time on January 10th.<\/p>\n","protected":false},"author":13,"featured_media":44562,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[70,74],"tags":[4610,4656,5001],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/44560"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=44560"}],"version-history":[{"count":0,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/44560\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/44562"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=44560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=44560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=44560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}