Bitcoin’s value took a significant hit this week, reaching its lowest point in 16 months, prompting a seasoned investor to offer some guidance.
Currently, Bitcoin is hovering around $60,000, a drop from its reported $73,000 on February 3.
Given its peak of $125,000 in October 2025, the cryptocurrency’s value has experienced a sharp decline, causing concern among investors.
While some crypto holders may be alarmed, a veteran investor with a decade of experience in Bitcoin is sharing insights to assist those worried about the price drop.
In a Reddit post, the investor mentioned they have been ‘hodling since before 2016.’
‘Hodling’ in cryptocurrency lingo refers to holding onto assets for the long term instead of frequently buying and selling.
They explained that they possess ‘a significant amount of btc [Bitcoin]’ and are familiar with ‘the cycles,’ the ‘tech,’ and its ‘potential.’ They remarked, “I’m going to laugh my a** off if this dip doesn’t follow any cycle or patterns we have seen before and the bear market we all expect ends up being a week long and then it moons to like 4.4 million out of nowhere over the course of the next 6 months. Something that no one expects.”
Although they consider such a recovery ‘unlikely,’ they would find humor in the situation nonetheless.
The investor then offered their advice for those anxious about Bitcoin’s downturn: to hodl.
They advised those considering selling to remain patient: “Words of wisdom to you guys: chill tf out and hodl. It’ll all be ok. Time heals all… bitcoin losses. Sometimes it takes a lot of time though, but you will end up positive if you just hodl.”
The Reddit user added: “It really is just that simple. Go buy this dip on the way down. Expect immediate losses and long term gains. I’ve bought the top so many times, including this one! Just hodl for a long time and it’ll feel like you got in cheap.”
According to Deutsche Bank experts, the plunge was ‘triggered by’ Donald Trump’s announcement to nominate Kevin Warsh as the next Federal Reserve chair. Warsh is known for advocating higher real interest rates and a reduction in the federal balance sheet.
This scenario presents a potential financial risk for cryptocurrency users.
Joshua Chu, co-chair of the Hong Kong Web3 Association, shared with Reuters that there is another aspect to consider. He believes mismanagement of funds contributed to the downturn.
Chu noted: “Those who bet too big, borrowed too much or assumed prices only go up are now finding out the hard way what real market volatility and risk management look like.”
Cryptocurrency investments are highly volatile and come with significant risk. Potential investors should only allocate money they can afford to lose. For complimentary, nonprofit financial counseling in the US, visit the National Foundation for Credit Counseling (NFCC) at nfcc.org.