
Bitcoin’s value plummeted to its lowest level in 16 months this week, and a long-term holder of the coin has since come out to share some advice.
As of right now, Bitcoin is teetering on the edge of $60,000, after it was reportedly sat at $73,000 on February 3.
Considering it hit $125,000 in October 2025, the price of the cryptocurrency has fallen quite a lot in such a short amount of time, leaving people wondering what is going on.
Crypto holders might be scared, but someone who has reached a decade of investing in Bitcoin has revealed their secrets in an attempt to help others who are freaked out by the drop in value.
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Posting on Reddit, they wrote that they ‘have been hodling since before 2016’.
‘Hodling’, in the crypto space, means to hold assets long term rather than buying and selling.

Explaining that they have ‘a significant amount of btc [Bitcoin]’ and claiming to ‘know the cycles’ the ‘tech’ and its ‘potential’, they added: "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."
They said it’s ‘unlikely’ to recover like this, but would laugh at the situation regardless.
Then, the person went on to share their own advice as a long-time investor... to hodl.
They explained for those who want to sell their Bitcoin and feel worried about its downturn: "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 Redditor added: "It really is just that simple. Go buy this dip on the way down. Expect immediate losses and long term gains. Ive 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 the experts at Deutsche Bank, the dip was 'triggered by' President Donald Trump revealing his decision to nominate Kevin Warsh as the next Federal Reserve chair, who has been known to want to put into place higher real interest rates and a decrease in the federal balance sheet.
For crypto users, this is a potential financial risk.
Joshua Chu, co-chair of the Hong Kong Web3 Association, believes there’s also another layer to it and told Reuters that people weren't smart with their money, leading things to go bust.
He said: "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 involve significant risk, and those looking to invest should only commit funds they can afford to lose. For free, nonprofit financial counseling in the US, visit the National Foundation for Credit Counseling (NFCC) at nfcc.org.
Topics: Bitcoin, Cryptocurrency, Money, Donald Trump, US News