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Topic: Crypto Price Up & Down is normal be patient All Crypto Holders - page 3. (Read 378 times)

sr. member
Activity: 2366
Merit: 332
First I think doge rose more than $0.1 , it got around $0.72 and bitcoin touched around $64k. That said, mm nobody is able to predict the exact time that it is real buttom. Price is down now but some are still predicting more fall to $8k-10k. So some decide to jump in now because of bull FOMO while strong willed predictors still feel it has more bear to do. Up and down is rthym of the market for sure but I expect another ATH after the next halving.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
The holders are already aware of this and like we all have observed, the pro traders never declare publicly that they are pros, rather they remain quiet and observe what others are doing. Therefore the majority of panic stricken posts and messages come in from the random group of users who bought in at the wrong time. These people are new and less knowledgeable about market movements and they are the targets of whales to sell on.

When a bear market is ongoing, selling will happen from these weak hands and not from the whales. While there may be some holders selling as well it is usually less in number.

Either way, newbies who got affected by the bear market, should learn their lesson at patience and how to hold through a bear market instead of panicking.
legendary
Activity: 2310
Merit: 4085
Farewell o_e_l_e_o
Long term, you must know some fundamentals.
In addition, if you know the Bitcoin adoption rate is faster then the adoption rate of Internet which already totally changed the world, what would you wonder about future of Bitcoin ?


Ups and downs, dips and blast off now will become flat in future, just like what consider past ones as flat now.
legendary
Activity: 1820
Merit: 1207
Actually most of top coins will always follow Bitcoin price, so it's useless to compare the top coins price as we're only need to look on Bitcoin price to see the market is bearish or bullish.

Yeah, well said in theory but we don't know about the reality. The question is how you can know the bottom? Which person can guessing Bitcoin price will ever touch $3K at that time? Mostly those people who bought Bitcoin at $3K is DCA-ing Bitcoin.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
You already know the answer Grin

But unfortunately, a lot of people who join crypto don't know exactly what to do so they just buy and wait and sell when the price drops. Many of them can't wait for the price to increase again because they only hope that the price will increase quickly once they buy.

If they continued to think like that, they wouldn't gain as big as people who had already obtained it but they would only suffer losses. Investing in crypto is all about patience and choosing a good coin to hold so that it will pay off in the future.
hero member
Activity: 1120
Merit: 554
🇵🇭
Nice analysis but buying NOW while the market is uncertain is naive way for protecting your investment. The recent dip didn't hit any strong support while the Bitcoin chart on long time frame still didn't have a sign for a reversal. By knowing crypto behaves very volatile on your analysis, maybe you should consider wait for the confirmation signal before buying since the price range of Lows and Highs of Bitcoin has a very huge gap.

hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag

Buy and wait. The next Halving will be on 2024. That's a long wait. But yes sure, can't believe a $1k worth of Shib is now worth $2.  Grin

Lots of so called experts actually are saying we are at the bottom already which there could be a bull run again. We may not know until it happen but hey if you are willing to wait, just do it. As long as you won't spend your BTC and wait for the price to go up, you won't lose anything. There - that should be encouraging.
member
Activity: 123
Merit: 49
Sig/Bounty Campaign Manager 4 hire AskGamblers COO
Ups and downs of crypto price are the crypto way. Happens all the time. Happens to both old and new crypto. Crypto is for holding for a long time for maximum profit.

Recalling History :

  • Bitcoin went from $19,000 to $3,000 Then to #60,000
  • Ethereum went from $1,000 to $80 Then to $4,000
  • Dogecoin went from $0.001 $0.00008 Then to $0.1
  • BNB went from $400 to $60 Then to $500

And we also know, that Shiba INU from worth $1000  down to $2 for almost a year. Later Shiba INU worth $1,000 became $10m!


How do you think people got rich in crypto and hold Crypto worth tens of thousands and millions?

The answer is that they buy when the price is very low like in the current market. Now is the time to buy. That being said, Bitcoin before went from $19k down to $ 3k and smart people bought Bitcoin at $ 3k! The same thing is happening again. Crypto price is all about up and down. The rich buy crypto when the price is very low like now, keep it and the price increase 10 times + from $1 to $100+ then they sell with huge profit. So make sure to buy Crypto now and wait.



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