Bitcoin price decline can not stop us.

BuNga_cute

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Quote from: Yaunfitda on June 04, 2021, 05:45:56 AM

Quote from: globalpain on June 03, 2021, 04:22:15 PM

Quote from: DeathAngel on June 03, 2021, 03:25:19 PM

Short term price movements don’t concern me, just keep buying & holding. Look at bitcoin as a long term investment. It’s the best savings vehicle there is. You will get rich from bitcoin if you’re patient & have strong hands.

if you buy under $10000 of course holding can mean getting rich, but what about those who buy above $50k?
is the hold worth it? I don't think so, because it's not certain that the bitcoin bulls will continue, even though everyone says the bulls aren't over yet,
I still believe that the bulls will end, I don't know, we'll see.

For those who have bought above $50k, then obviously, they will have to hold and not make a sell-off, otherwise they will lose. It depends, are you are long term holder or just what to short bitcoin? if you are a long term holding then it's worth as far as personal experience. Of course we all know the risk, the market is really volatile and we don't know what the future holds, maybe we can see a bullish cycle at the end of the year or maybe the bear market will continue.

I agree in the end it depends on our plans to invest in Bitcoin, if for the long term then holding is a good choice. But if the investment in Bitcoin is
for the short term, we better sell the Bitcoin we have, because there is no guarantee of Bitcoin recovering anytime soon. So for investors who buy
Bitcoin for short-term investments, they always use the stop-loss feature, meaning that if the price of Bitcoin drops far enough they will choose to
sell their Bitcoin and will buy again at a lower price.

Yaunfitda

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Quote from: globalpain on June 03, 2021, 04:22:15 PM

Quote from: DeathAngel on June 03, 2021, 03:25:19 PM

Short term price movements don’t concern me, just keep buying & holding. Look at bitcoin as a long term investment. It’s the best savings vehicle there is. You will get rich from bitcoin if you’re patient & have strong hands.

if you buy under $10000 of course holding can mean getting rich, but what about those who buy above $50k?
is the hold worth it? I don't think so, because it's not certain that the bitcoin bulls will continue, even though everyone says the bulls aren't over yet,
I still believe that the bulls will end, I don't know, we'll see.

For those who have bought above $50k, then obviously, they will have to hold and not make a sell-off, otherwise they will lose. It depends, are you are long term holder or just what to short bitcoin? if you are a long term holding then it's worth as far as personal experience. Of course we all know the risk, the market is really volatile and we don't know what the future holds, maybe we can see a bullish cycle at the end of the year or maybe the bear market will continue.

globalpain

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Quote from: DeathAngel on June 03, 2021, 03:25:19 PM

Short term price movements don’t concern me, just keep buying & holding. Look at bitcoin as a long term investment. It’s the best savings vehicle there is. You will get rich from bitcoin if you’re patient & have strong hands.

if you buy under $10000 of course holding can mean getting rich, but what about those who buy above $50k?
is the hold worth it? I don't think so, because it's not certain that the bitcoin bulls will continue, even though everyone says the bulls aren't over yet,
I still believe that the bulls will end, I don't know, we'll see.

DeathAngel

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Short term price movements don’t concern me, just keep buying & holding. Look at bitcoin as a long term investment. It’s the best savings vehicle there is. You will get rich from bitcoin if you’re patient & have strong hands.

wheelz1200

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Quote from: Alpha_Black_Tech on May 23, 2021, 10:23:12 PM

Auto price forecast of BTC at 00:00 AM everyday.
Weak pressure: 34407, strong pressure: 36824
Weak support: 32246, strong support: 29831
Valid for 16 hours.

Instead of trying to snipe just cost average both up and down. Eliminates the ups and downs and limits risk both upside and downside. And best of all buying in set timeliness eliminates emotional trading.

LUCKMCFLY

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The uncertainty of the market is the one that has been reigning these last two weeks, many think that we are in a bear market, others think that it is a big correction, but I agree with the analysis they do on CNBC, the bullish trend is not over yet:

Alexander Roumpos said:

Quote

points out that crypto bull periods usually run for 460-518 days. This current phase is only 370 days in, but he remains cautious in declaring with certainty that the bull run is intact.
“It looks like the market is split in the middle. One part believes that we are in a bearish phase and that this cycle is over because of the big correction. The other half believes that we haven’t seen the big gains in this bull run and that we are in a healthy correction.”

Source: https://www.newsbtc.com/news/bitcoin/heres-why-the-bitcoin-bull-run-isnt-done-yet/

The article is very interesting, it agrees with me that there is a lot of uncertainty and that the bullish trend has not ended yet, it is a matter of waiting to see how things continue to develop for BTC.

Alpha_Black_Tech

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Auto price forecast of BTC at 00:00 AM everyday.
Weak pressure: 39632, strong pressure: 42682
Weak support: 36902, strong support: 33850
Valid for 16 hours

Fatunad

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Quote from: GelatikKembar on May 25, 2021, 01:36:38 PM

Bitcoin decline is just due to bad news about cryptocurrency ban in China,
this to me is common during bull season, FUD and FOMO are the spices of this cycle,
so you have to really master the situation when the whales are playing, and I sure they were satisfied with yesterday's dump.

Nah, these things had been common on when the market is way too bullish then a certain point comes on where Fuds do pop out unexpectedly on making the price go down to the possible
strongest support and luckily this current years situation isnt really as bad when we do try to compare into those 2018 crash in price which it did really last long.
These declines are not something new for those who had been on this market for a while already but for those who do just recently jumped in
then you would really get shocked into something like this but better get used to it.

GelatikKembar

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Bitcoin decline is just due to bad news about cryptocurrency ban in China,
this to me is common during bull season, FUD and FOMO are the spices of this cycle,
so you have to really master the situation when the whales are playing, and I sure they were satisfied with yesterday's dump.

rodskee

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Quote from: Alpha_Black_Tech on May 23, 2021, 10:23:12 PM

Auto price forecast of BTC at 00:00 AM everyday.
Weak pressure: 34407, strong pressure: 36824
Weak support: 32246, strong support: 29831
Valid for 16 hours.

Seems legit because after 16 hours the price break 38,000 back again and this is a best growth for the whole week passed .
Some time i was thinking that it will be a continues dip but we are now in recovery and looks like the Bear had already gone.
Strong support had broken and now we are aiming to hit at least 40k level back.

STT

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Trend up vs 7 day average, BTC price is actually quite positive for the moment. So long as it keeps this trend vs various levels that equate to ceiling possibilities it should progress well. If we fail to maintain in momentum it can mean speculators leave the long trade and we retract back to mid 30k's

Alpha_Black_Tech

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Auto price forecast of BTC at 00:00 AM everyday.
Weak pressure: 38871, strong pressure: 41830
Weak support: 36222, strong support: 33261
Valid for 16 hours

poodle63

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amid the bear market passive income in stablecoin like in form of USDT or BUSD is the best I think, we can basically live using this passive income while also buying the dip, basically separating two investment for our basic needs and the other one to gain opportunity and make it big, many people recommends keep buying at the dip but thats very risky if we have nothing left for us for living moreover its only safe if we use spare money for it instead of using the money thats essential to us, im really thinking deep about staking usdt right now but apy kinda meh but it could make me stronger keeping my stance in bitcoin bear market.

passwordnow

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As the title says, why there's a need to be stopped just because of the decline? if you've been with the market and you have sold even before the bull run, you should feel nothing on this matter because it's just another normal correction that really has to happen after a great bull run.

Quote from: Kittygalore on May 24, 2021, 02:57:10 AM

Quote from: Jennie_BigONE on May 23, 2021, 10:32:22 PM

Every decline is a new signal for buying. Don't invest your lifesavings, don't open big leverages in futures trading

That's the dumbest thing anyone can do even if the investment opportunity is definitely on the successful side of things. Also, trying to go for an all in with leverages is stupid because that's basically gambling.

It is a gamble and the newbies are likely to get that feeling of doing and taking risks as if they can manage the risk too easily for them. I've seen several newbies who have done that and regretted what they've done.

Kittygalore

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Quote from: Jennie_BigONE on May 23, 2021, 10:32:22 PM

Every decline is a new signal for buying. Don't invest your lifesavings, don't open big leverages in futures trading

That's the dumbest thing anyone can do even if the investment opportunity is definitely on the successful side of things. Also, trying to go for an all in with leverages is stupid because that's basically gambling.

Ararbermas

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There are some common reason of the decline in bitcoin and yes a temporary only wherein it will not long last as long as bitcoin still have more supports, indeed the value is getting cheaper and surely a bunch of investors are waiting for the right time to enter again. Especially everytime when the price is going down it becomes more interesting to accumulate very early.

Chato1977

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Quote from: Jennie_BigONE on May 23, 2021, 10:32:22 PM

Every decline is a new signal for buying. Don't invest your lifesavings, don't open big leverages in futures trading

if this will be the Beliefs and ideas of everyone ? for sure Market will recover earlier than what is happening .

Bitcoin always come to recover , yeah take years sometime but the best is at least happening.

Quote from: Swapster on May 23, 2021, 11:43:06 PM

What Bitcoin Did.... Willy Woo on this current market. Makes a lot of sense.

https://www.youtube.com/watch?v=nqJbjZHYprc

Is this really helpful ? Sounds funny.

AniviaBtc

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It is hard to say if that's the right time to buy already as they are still continuous downward movement.

But this is also the best time to observe the market and buy the dip depending on your observation and studies in the market.

I know that some of you are still waiting to buy in the dip and some are sad because of losses but market is normally like that.

Swapster

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What Bitcoin Did.... Willy Woo on this current market. Makes a lot of sense.

https://www.youtube.com/watch?v=nqJbjZHYprc

amishmanish

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A Pro-Bitcoin title. Just one prediction in the post. Three newbie accounts commenting to increase the count. What exactly is this about then?

If you are trying to provide some sort of service, you should go to the Services board. Better still, if you are interested in price discussion, you can find a lot of those people on this topic in speculation.

Topic: Bitcoin price decline can not stop us. (Read 238 times)