Bitcoin Price Drop, is no-one worried?

deus030518

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Quote from: sabriel on June 14, 2017, 07:21:07 PM

Is anyone concerned with this drop in bitcoin? I've only just jumped on the bandwagon and i've lost 10%-30% of my value already. I'm new to the market and enjoyed a good bit of stability and upward graphs for a little bit, so I thought it was mostly positive. Is this jump down a typical trend that results in pushing for highs again? or do you reckon it can be backlash of people shying away coming nearer August 1st?

I'm unsure if to try cash the coins to another altcoin or something to try gain some more value back or just hold for a while.

Yes most of the people are concerned with this drop in bitcoin. But for some others they do not understand what is the volatile price of the Bitcoin means, it is the means of the supply of the altcoins in the market. If there are many selling and trading their altcoins then the price of altcoins will be dump. Then if many will hodl their altcoins then the price will pump. I think on August the price of the altcoin will be lilo maybe it will start to dump based on my speculation.

Lerosaeyan6

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the decline of Bitcoin already happened last January ago and so now there are many people who are not worried so even though now the bitcoin price has not gone up yet but many people are investing and waiting for bitcoin prices back so not many people are worried about this is, therefore, I am also sure if the price of Bitcoin will be good in the future

oegarod

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Quote from: EastSound on July 05, 2018, 12:29:36 AM

Quote from: DrGuns4Hands on June 14, 2017, 07:33:40 PM

If the bitcoin price is drop? All of us became worried, ofcourse but at the back of your mind? Or our mind? Do you think it's a good or bad thing? For me it's a good thing because if the bitcoin price drops? Automatic the people who wants to buy BTC can purchased one account because he/she can afford it if it's happen.

i agree with you, with this big dip that is happening many investors will take the chance to buy more and hold until btc price will rise again.

Yes, by this time large scale investors were the one who make use of this as an opportunity and buy as much possible to hold for a long term profiting. Another thing, one who overcomes the fear of price drop and try to stay looking for a better way to eliminate the loss will succeed earning big.

JunMel

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Quote from: DrGuns4Hands on June 14, 2017, 07:33:40 PM

If the bitcoin price is drop? All of us became worried, ofcourse but at the back of your mind? Or our mind? Do you think it's a good or bad thing? For me it's a good thing because if the bitcoin price drops? Automatic the people who wants to buy BTC can purchased one account because he/she can afford it if it's happen.

No worries so far,I can see bright future ahead of bitcoin. In fact its already start to go up,its now back to 6300. So its good sign and I think it is start of bull run. Hoping this will continue so that everybody is happy both investors and users.

EastSound

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Quote from: DrGuns4Hands on June 14, 2017, 07:33:40 PM

If the bitcoin price is drop? All of us became worried, ofcourse but at the back of your mind? Or our mind? Do you think it's a good or bad thing? For me it's a good thing because if the bitcoin price drops? Automatic the people who wants to buy BTC can purchased one account because he/she can afford it if it's happen.

i agree with you, with this big dip that is happening many investors will take the chance to buy more and hold until btc price will rise again.

Vladique

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do not worry about the bitcoin falling, everything will soon return to its places and growth will begin, in 2018 there may not be a lot of growth, but in 2019 I think there will be a very large growth

Genemind

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Quote from: sabriel on June 14, 2017, 07:21:07 PM

Is anyone concerned with this drop in bitcoin? I've only just jumped on the bandwagon and i've lost 10%-30% of my value already. I'm new to the market and enjoyed a good bit of stability and upward graphs for a little bit, so I thought it was mostly positive. Is this jump down a typical trend that results in pushing for highs again? or do you reckon it can be backlash of people shying away coming nearer August 1st?

I'm unsure if to try cash the coins to another altcoin or something to try gain some more value back or just hold for a while.

Crashes are normal if you have been into cryptocurrency for a long time. People gained a lot from the last bull market on the recent year and a huge market correction is just normal to follow. Do not be worried since bticoin died a lot of times just to reach it's current price today.

Coinseeker22

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while your question might be answered by now, i would strongly suggest to be very keen on what you are about to invest in. do not get FOMO and get drifted by the waves. the market is as volatile as ever and can easily change over night. Heads up, the market is currently bullish but is expected to drop hard after the 4th of July.

yesyes18

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The fact is that I see it as not a good habit to be always complaining about dropped price. It even creates more fear and panic and propels the massive sell off. When prices drop, i think what we can do best is to hold on and hope for a better recovery.

f150

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Quote from: sabriel on June 14, 2017, 07:21:07 PM

Is anyone concerned with this drop in bitcoin? I've only just jumped on the bandwagon and i've lost 10%-30% of my value already. I'm new to the market and enjoyed a good bit of stability and upward graphs for a little bit, so I thought it was mostly positive. Is this jump down a typical trend that results in pushing for highs again? or do you reckon it can be backlash of people shying away coming nearer August 1st?

I'm unsure if to try cash the coins to another altcoin or something to try gain some more value back or just hold for a while.

do not worry and do not panic when you see Bitcoin down, you have to be a little bit patient even though it has lost 10% -30% because if Bitcoin back you will get more profit. and it's good if you also buy from some Altcoin that you think is good, because later you will get a profit from every coin you have.

consideritdone

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https://www.coingecko.com/en/price_charts/bitcoin/usd
Spoke too soon. Bitcoin volatility has been really low.
Which makes entry exit difficult to time

Muzika

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Quote from: sabriel on June 14, 2017, 07:21:07 PM

Is anyone concerned with this drop in bitcoin? I've only just jumped on the bandwagon and i've lost 10%-30% of my value already. I'm new to the market and enjoyed a good bit of stability and upward graphs for a little bit, so I thought it was mostly positive. Is this jump down a typical trend that results in pushing for highs again? or do you reckon it can be backlash of people shying away coming nearer August 1st?

I'm unsure if to try cash the coins to another altcoin or something to try gain some more value back or just hold for a while.

Nothing to worries about the price of bitcoin, it slowly gaining momentum in the market so keep on holding and dont sell until the price makes your lose money back. the price for today is 6600 it gain almost 500 dollar so just keep your money in your wallet.

TokenForUs

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Ccfound

the biggest risk when investing on cryptocurrency is market volatility, people with huge money can easily make the price of some coin dump or pump. this is very normal, my suggest is to hold your coin for long term investment. the cryptocurrency has a very bright future, its just a beginning. everyone has to be worried with this situation even weakhands would sell their coin or cut their loss rather than holding and give more patient. many threads discussing about this drop and complaining the price. for me cryptocurrency are still valuable asset and i really put my trust on it.

ahoenk

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As long as we trust the tech and blockchain is the futures of economic i am not worry about bitcoin price drop. Bitcoin has been claimed to be death many times and bitcoin has been drop above 90% in 2014 - 2016. This drop is nothing if we compare to 2014 multiyears drop. If you put your money which you are not use it everyday you should hold it till 2021 and see what price bitcoin can reach..

riwatmoni

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The Bitĉoin price drop often happens many times but it always works back up, but why can not we get used to the bitcoin price cuts at the moment, because the result of uncontrolled concerns in bitcoin investments is panicked sales, because there are many price droPs that occurred over the last few years and yet bitcoin managed to come back strong and even make some highs of all time.

dealung

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What should be worried about, it is common for marry bitcoin prices down to $ 3471 I will be worried. For now I am copying casually and calmly.

Serveev

newbie

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I lost about 60 % of my altcoins. I was very upset but I didn't sell my altcoins. I'm waiting for the price to recover. Over time, more people will learn about the cryptocurrency and the price will grow gradually.

andrebai

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Quote from: limtjoehua on June 30, 2018, 09:48:21 AM

I honestly scared and panicked when I saw my assets so fell and lost its value almost half of it. but this is not the end of everything and maybe this is a mistake I've made, because it's wrong in managing assets. always think positive and find a way so that we can reduce and even avoid the loss that we will get.

Good advice we should always learn from our past mistakes and never give up. I think a lot of people lose money because of panic and fear on this bear market.

limtjoehua

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I honestly scared and panicked when I saw my assets so fell and lost its value almost half of it. but this is not the end of everything and maybe this is a mistake I've made, because it's wrong in managing assets. always think positive and find a way so that we can reduce and even avoid the loss that we will get.

BeGoods

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Quote from: Adhichan on June 30, 2018, 12:00:03 AM

Quote from: pageraji on June 29, 2018, 11:36:39 PM

i hope and i think every one hope this July, history will repeat, look at the chart from july 2017, its start mooning from these days until end of year,,aamiin

and you are right man, we see today bitcoin price rise sharply.and we hope it will stay continue until bitcoin reach again above $10.000 .if market stale and bitcoin rise, no more worry from trader and investor.

I think almost every investor who still hold their bitcoin, they will worry about this price reduction, that's a natural thing.
but they do not have any ability to change that, all they can do is think positively, be patient and expect the price to go up soon..

Topic: Bitcoin Price Drop, is no-one worried? (Read 4691 times)