Topic: Don't panic just hodl (Read 837 times)

But, there are some people who don't use to be happy when the market dump because they are expecting bull run that will make them to sell their cryptocurrencies, while those people that happy at the moment when the market dump are those people waiting to buy from the market when bear run occur. And, anyone that bought BTC last week will like to hodl for long period of time because it look like this pumping will get to $100k before it will dump for people to use the opportunity again to buy and hodl.

That is what will call accumulation  because your BTC in your wallet will be rising, that is why many people in the signature campaign prefer BTC payment than any other cryptocurrencies payment because they know that BTC price easily to pump higher no matter what happen to the market.

DCA method is an ideal strategy for depositing bitcoins regardless of the price trend, which is easy for every investor and if you wait for bearish periods to buy, that period can be even longer. Determining how much of a bearish target your expected downside price will be is very difficult and novice investors have a high demand for downside prices and may end up not getting the desired bearishness or running out of money allocated for the investment. Therefore DCA should be started at any price trend for investing in Bitcoin and should be conducted regularly without interruption.

Bearish times can be more stimulating for you if you can run bitcoin deposits for long term and promote further growth in the portfolio as the price of bitcoin is volatile and a single purchase during that period can give you huge profits. But long term holding should be given more priority than getting short term profit.

Well nobody knows when the price will still go down down again but it is better to buy with DCA method and if peradventure the price goes down to the dip again like 2022 then you can top up your portfolio very well and continue the journey. And base on the volatile nature of bitcoin movement, it is good to buy bitcoin at all time and whenever you have the cash and invest for long term and not short term.
As you said waiting for the bearish time to co.e before investing might be a waste of time to wait so one can start investing with the small amount your have and wait for the bear market to come and full the tank with bitcoin and wait again to see the promising bullish market.

Waiting for bearish periods can be somewhat unpredictable for Bitcoin investors as its price may not see the downward trend you expect. The tendency to increase buying during dips is largely positive but if you waste time anticipating that, it may set back your long-term investment and exhaust the invested capital. If you decide to invest in Bitcoin then you should start saving with DCA method and don't waste any time because the price of Bitcoin is volatile and you should decide accordingly and start saving Bitcoin.

The reason why some people dey happy b say,  dis is d best time to buy bitcoin from d market and hold, and if u miss dis bear season wen u are planning to buy bitcoin, it will mak u regret because u no say u have missed something that would have add income to your incomes wen bull season show up in d market. As we dey talk now, there are some people who are still buying bitcoin from d market because d price has fall down to $58k which it will still fall more before d end of dis month, and anybody who want to buy in d bear season in this month of September, I think dis is d time because d price will definitely rise higher next month to enter bull season base on my analysis on d market price.

It is good to take advantage of dips but must take market volatility positively, you are right that market volatility can't be panicked and there is no need to pressure to buy at rate time when you plan to HOLD. I have come to this forum to learn and gain knowledge to move forward and you will encourage and support me in this matter.
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The market is unpredictable, more reason we should be extremely careful with our dealings with the world of bitcoin. Besides we mapped out our tactics which would be implemented towards the market. Panic are mainly for set of traders that are not yet experienced, I called them newbies in the space. Bitcoin is entirely risky to invest, it is designated to contain volatility that will run a long hunt on investors and traders.

It is good to take advantage of dips but must take market volatility positively, you are right that market volatility can't be panicked and there is no need to pressure to buy at rate time when you plan to HOLD. I have come to this forum to learn and gain knowledge to move forward and you will encourage and support me in this matter.

It is all depends on the time of the investment and the rate and the movement of Bitcoin as that time. Short term investment is risk because if the price is at $30k at the time.of invest and the price suddenly increase to $50k and instead of the investor to sell it he might be thinking that the price will increase and he would like to still keep it till the price hit $60k and suddenly the price reduced back to $41k and started to reduce again. So if anyone is investing for short term he has to be Smart and calculative. And anyone who is interested in short term investment should not aim big profit and small small profit and within the period of 2 to 3 months, he might have gotten something good if only he smart. But the risk is very high.

And if anyone can't do that then he should go for the long term investment because you only purchase and relax and wait for the time to sell at the long run when the price as entered bullish.

Investing for the short term is not recommended as it may result in a loss. It is better to invest for the long term and enjoy the benefits of a good market. If you want to make a large profit, be patient and hold for a long time. Investing for the short term may result in a loss. For example, bitcoin. if you want to get huge money on your investment is to they patient and hold for long term but if you prefer to be investing for short time, is better  to get another coin or meme coin that you can probably get huge and you can lose too, bitcoin is not for short time because he take a long term before he boost, you can't just invest once and think two to three weeks you will be profitable on bitcoin he can't be something that is easier and is volatile.

Now that bitcoin they decrease na the best opportunity to top your bitcoin and if you have not started this is the best time to invest because if you fail probably the amount can't come back as it now, so be confident and don't let anyone deceive you that you should sold you bitcoin if you have not get profits on it, because you invest for profit and even the price is coming down just leave it and if you have another money the best thing to do is to top your coin because definitely they price will showing increases again so be wise and invest wisely.


That is why if you don't really have something that is bringing you money in your account, if you try to invest money that you are getting and managing yourself, and you invested it in bitcoin, your investment will not last and you will surely park your funds so that you won't lose all your money to it, so it is not like is not easy to hold, if you have a source of income, Investing for the long term may not be a problem. Expect if experience an emergency when your current income is insufficient to address the issue, definitely you will plan to touch your investment later. Because you don't have any alternative anymore.

People who sell their bitcoin when the price decreases are not investors; they are just people who can't take risk in their laugh because they are afraid to lose funds, and you can't say you are investors in cryptocurrency that you won't expect to lose because anything can happen in the market, not every day he will favor you, so invest and wait until you reach your plan before selling, and if bitcoin is decreasing, most coins are dropping down because it is the biggest coin. and folks who sell their bitcoin when the price decreases are not investors they are simply folks who cannot bear the risk.

Your right here. It is never a waste of time searching for new cryptocurrencies for investing. In as much as there a lot of products out there that have bad reputation and it has made many do not believe in investing in altcoins, we should also understand that making research and evaluating projects before investing in them is very essential. And the reason i am saying this is because they may look promising and their website and official social media will be pleasing at first glance  but that is their strategy. They make everything look real still there will always be a loop hole.

  in one group like that I saw some people celebrating that thank Good they have cutting losses that they should before this recent group , the group admin was like you guys should sell for now because September dip always follow it , and most of them did but as for me I continue my holding because me nor fit miss out this opportunity, for me to sell I better increase my rate of accumulating more bitcoin for my Portfolio.

Those that should now will have to be monitoring the market everytime so that they can quickly dive in quick before the surging in price and most of them will think that they are being smart they will intentionally keep waiting for more dip and that's are they will eventually miss out .

Well I know is not easy to hold , because as things dey go for our accumulating (life tough ) but well will still keep striving to success holding our coin till the main surging aslong is bitcoin we are on the safer side .

For doing s cryptocurrency market or space any little dip or once di market just entered bear market people wey dey invest e don happy and dem go buy more dey fill di wallet dey go. For those people wey buy dis few days go happy say di market dey go up again. And that's di reason for holding for a long time. Dis kind period na good for short term investment of bitcoin. And that if you want to invest for long term investment then dat one go good well well.

And another thing wey dey for bitcoin acquisition for here in the forum as a campaign participant na dis period wey bitcoin dey come down dey make your pay big as bitcoin and when di price go up you go see say you go make am plenty.

I agree with you. An investor can be much more risk free by investing in Bitcoin as it is not just a cryptocurrency it is going to be a valuable asset for you and its value can increase much more. DCA method allows investors of every income to tailor their plan to accumulate Bitcoins and get huge holdings over the long term. Investors who are new can go ahead with the plan to attempt at least one round of depositing Bitcoins using the DCA method. They recommend increasing the amount of floating cash to overcome the hurdles that may come in their endeavors so that valuable investments are not disrupted at times of emergency.

You are right there no need looking for a coin to invest on in cryptocurrency when Bitcoin is there to invest on, Bitcoin has been reliable, tested and trusted in the past years to invest on though there is risk in Bitcoin investment same to other coins too but the risk in shitcoins are higher. Bitcoin is best sighted and more profitable when an investor go for a long term plan with consistent accumulating of Bitcoin either with the dca strategy which allows an investor to accumulate more Bitcoin regardless of the it's price level either weekly or monthly and continue to hodl for a period of 4-10 years and above.

It is not a waste of time man, some of these new altcoins gave real potentials and have a bit of strong and genuine foundation, so identifying them when they are still of low value and investing small in it to gather cool amounts that would likely appreciate pretty soon and give you good gains is called spreading your tentacles and not a waste of time.

Remember bitcoin was once of a very low value and not the first crypto currency. Those that researched and found out about it then are called early adopters now.

Investment in crypto as a whole is done with descretionary income and not Emmergency funds, so if the investor has more of them to throw around, a descent altcoin is never a bad Idea, just make sure it does not come inbetween your bictcoin accumulation journey.

Most time you don't need to waste your time researching of which cryptocurrencies to invest on , bitcoin already there despite the price is expensive but one can still use different type of methods to keep accumulating, till they have gotten to a point of having good Stashes of bitcoin. Because most of those other shitcoins at there risk is too high . Though bitcoin also have risk attached to it as an investment but compare to others, one can easily minimise the risk in bitcoin especially as an longer-term investors.

Because it takes time to see altcoins that will keep performing well for long most of those altcoins are for short-term profit and most time the risk in short-term trading is something else.

Some people are not comfortable with crypto currency that is why they do all the necessary research that they need before buying, actually it's not bad for them to do the necessary research before they invest in Bitcoin, but it's more easier to learn from experience than researching without practicing. However because Bitcoin fluctuates some people don't like it, but they don't know that Bitcoin is more stable than other coins in the market. Lastly DCA method is an easy method to invest in Bitcoin, even if you do your research you will still have the same results that DCA is among the easiest methods to invest on Bitcoin.

The lead to investors panicking to sell their Bitcoins during the DIP seasons is because those set of investors are not studious to understand the volatile capabilities of Bitcoin on how it can not totally lost its whole values.

Just as you said, some investors has invested on shitcoins which when DIP, the coins does not recover its value again and that is usually the dump of such coins so rey relates the DIP exercises of Bitcoin to such shitcoins.

Simply because one can buy Bitcoin and holds without acquiring those technical factors of it but yet you can still invest and make good profits out of it has made lot of investors to be adamant not to develop impact in studying the potentials and how the accelerations of Bitcoin works.

All they cares was that they are coming to make profit on investing in Bitcoin but they fails to understand that every investment factors has its economy challenges such as deflations which the DIP of Bitcoin is a result of its own deflation but that has never been an end of it because it always has the potential momentum to rise again giving the patient holders the golden opportunities to profit massively  at its rise or probably at the bull run.

@DaNNy001, as of today naira is 1564 to dollar, I nor knw where you from they see your rate, no dream am dollar no fit fall reach 500nair, e dey go up everyday,  this ur analysis no go well you dey think backward, bitcoin na 62k as of this morning,  last week it fall to 56k and some investors buy, today is 62k, dey don benefit scatter, and every dip this is hope for increase. So no dey panic dey think well.

My bro you sef talk true jareh, which one be naira actually hitting 500 because na person wey no dey this Nigeria na go fit think this kind thing about the naira appreciation against the dollar. Nigeria naira isn't coming down against the naira anytime soon and so that one no even dey ma agenda when I dey check or hold my Bitcoin. As for the price fluctuations and the 100k mark we can only hope e get to reach there soon although no be every holder keep their hold threshold for 100k sha.

Newbies are always victims of what you just said, sometime I just don't get it when people panic about a condition that's not permanent, Bitcoin has always been known to be like this and it baffles me when people fail to make the necessary moves in other to know what Bitcoin dip is all about, the dip doesnt stay forever rather it is an opportunity to buy more of Bitcoin asset, I think every newbie should be conversant with the market in other not to shiver when the market goes dip.
Knowledgeable bitcoiners knows the opportunity that calls when Bitcoin dips and they utilized the opportunity because it may not present itself again, although I won't really blame newbies much because they are novice but my sincere advise to them is that as a newbie once you have known the basics of this investment, just invest and make sure that you understand what every season says about Bitcoin in other not to be afraid of anything, Bitcoin like every other asset has the way they operate, so what ever comes along the line, newbies should know that it was meant to happen because of the nature of the market at that given period.

Waiting you they yan na true na because we wey they for this place get better knowledge about the current situation of Bitcoin more than person way no they here, so after I done read your comments e reminds me of the day wey I they with friends they gist about the way the crypto market they do and some of them come they talk say for Bitcoin to they behave so in the price movement say the future no go pure, and funny enough some of them way been won start to they invest on Bitcoin come they fear to come in.

So I come they ask they whether them sabi waiting them they call Bitcoin halving, them say them no sabi, so come realized say na just people way just like Bitcoin based on say people they talk about them good for investment, so I com they explain give them how the market works, so I tell them say na so the Bitcoin price they behave immediately after halving but make them no fear because when the bull market go start them go they surprise the way Bitcoin go move. E they good make we they motivate our love ones way they interested on Bitcoin to not lose hope say the price no go  rise again.

Are you planning to dip into Bitcoin? Bitcoin holders will suffer huge losses if Bitcoin just keeps sinking. I don't see Bitcoin market volatility as a negative. As prices rise, so does demand. Not only will the price go down, but it won't go up again. So market volatility is necessary to sustain an asset. Do not be alarmed by this instability. Taking this volatility positively will give you both buying and selling opportunities.

It is crucial to dip bitcoins by adopting a disciplined informed strategy rather than succumbing to emotional impulses. We who are newbies create various confusing situations due to lack of proper knowledge about bitcoin, which is good and perfect for buying bitcoin and create a chaotic environment about the dips because of the wonder. We who are newbies should get proper knowledge about Bitcoin and master the dip strategy by consulting someone with BTC knowledge. How we can navigate the volatility of the cryptocurrency market with confidence and dip Bitcoin.

Your point is on track boss and you're right, many people expecially those ones wey dun tey for Bitcoin accumulation and their holdings go fit dey take profit as dey like because dem dun go far with Their own accummulation of Bitcoin. And keeping fiat as emergency funds still nice , we nor fit just dey hold say we nor get any fiat for hand , because as humans expenses must dey ground wey e go require some funds to solve or handle am even both expected an unexpected expenses. And having some good fiat go help person fit hodl bitcoin without much stress or without relying on their Bitcoin investment whenever any financial situation sup.


This one dey very true , e get certain point wey Bitcoin go reach ehnn to afford Better quantities go dey hard and to make good profit go still dey hard because person nor go fit dey gather better quantities for himself to fit yield Better thing from there holding whenever there's any increase in price. Because at that time Bitcoin value nor go be person mate again ohhh and at that time e go dun get mad adoption. So the right thing to do now is to grab this opportunity wey dey ground so ( this bull run wey dey come so ) by stashing better quantities for their portfolio. That why many people dey pray wey dip sup before bitcoin skyrocket for the bull run so that dem go fit ready well with better Bitcoin stash for their portfolio.

Person selling no mean say person lose, some people dey for massive profits wey be say dem fit sell their Bitcoin anytime and e no concern them how the market be. They dey sell no mean say dem no get solid excuse to sell as many reasons fit dey why dem dey sell. Maybe dem dey sell so dem fit get faits incase anything happen for front wey go make market to dip well well. See ehh the market no just get a particular pattern again like that, anything fit sup anytime so e good make we dey hold fiats as we dey hodl Bitcoin too so we no go enter problem wey go make us to go dey sell our Bitcoin to bail ourselves. So make we no dey reason people wey dey sell because na dem know wetin dey make them sell because without a reasonable excuse no be person suppose tell you to dey hodl as bear market dun end so.


Na this one shock me pass but I been dey expect am because alot of good things happen to Bitcoin wey supposed make am dun blow pass like this self. Imagine if the approval been happen during the bull market, the price of Bitcoin for don touch better price since. After this bull run e go hard to make money like that from Bitcoin so make we use am as an opportunity to do our best to fit make money from the market before Bitcoin gets so popular wey be say e no go too dey get better price movement to fit benefit from. Make we no use hodling play, e no get any coin wey you wan invest inside wey go give you full confidence like when you invest inside Bitcoin. The advice our brother dey give although na very popular advice but make we no use am play.

We should have reasons to draw closer to the system. Keep buying and holding patiently because the market will come after us with everything, just operates with principles and observed the market. Don't underestimate our chances of of making substantial earnings from the system, the market have been in existence and our selections to adhered to them. We panic for what exactly? We have composed ourselves to become one of the very tough persons in the system.

A lot of people panic a lot and any time the price is down they start been scared and looking for ways to escape, in the process of trying to escape the red market they don't mind selling everything at lost. Instead of them to be patient and wait till the market bounces back. They just want their money back, regardless of the shape that the market takes. And if the investor can hold and just patiencely watch what will happens in the market, and that is why there is always more than just buying you have to have plans and have reasons of why you are buying if not you will just end up doing the same thing with others buying then selling even without  profit.

Well you're right, this is actually my first halving I'm going to experience. And I would have been panicky now honestly but due to the fact that I've gain some pretty good knowledge about Bitcoin in this forum I've been able to conquer such fear and learned how to take the dip to my advantage by purchasing the dip more. Though I've read about the previous halvings , how  Bitcoin mining reward will be split into half , which may lead to some drop in prices in market, then there would be scarcity due to the reduction of the rate of creating of new Bitcoin. Then there would be massive increase in prices due to high demands in market , well the increasing of prices after the halving don't actually takes place in a instance, it take some time before the halving would make an impact in the increment of Bitcoin price. So

this time around we should be aggressive In our Accumulation same time setting aside a reserve funds to further buy the dips . Taken the dip as an advantage to purchase more Bitcoin in a cheaper price rate . So all I really want now Is coins to dip more because the dippers it get , the better it is forus and if history repeats itself again Bitcoin going to rise massively after the halving and all we will be seeing Is all greens  

For some real time investors who carefully studied the market, they are well aware that this dip was certain to come and that's the reason why there are even well prepared to buy the dip and HODL it. But if this is your first time witnessing the bull season or halving then that's a totally different case because you would be scared that the price is starting to go down and let me just sell off and take my profits which is the average common thinking instinct of everyone who lacks the knowledge involved.

Many people way never really understand these things go fear and actually sell off their coins because say them see the price dey go down again and most of them fit no even relate  to watin dey happen with market. Some persons fit even talk say the great dip wey carry Bitcoin from $67k as of 2021 to as low as 16k$, so this fright will be among person who aren't really don't have the guts to experience what happened twice

Today Bitcoin hit $60k and it was also a good time to buy and the halving na just 2 days nai don remain and di halving Bitcoin go fit go down to $50+k but dat one e no dey certain. But one thing we I know say go affect Nigerian who dey invest in Bitcoin na di national currency wey dey appreciate. Although it is good say di naira dey appreciate but foe those wey no sell when di naira been dey #1900 and Bitcoin was $73k and dem been dey shey dem go sell when di All Time High comes. And now now naira na #1000 and Bitcoin na $61+k. And they are still hodling for the All Time High. It is a good one we all know dat. But if in case when Bitcoin finally hit $100,000 and Naira hit #500. How you go take talk dis one?

Everything na brain work. Hodling is good but wisdom is needed.

Yeah this dip might be the last corrections before the halving which is just about some couple of days away, just like you said we have encountered dip of this nature in the past so it's not something that should cause any panic at all because I know how anxious some hodlers can be as a result of this dip but anyone who have been following up the movement of Bitcoin price will really know that this dip is rather an advantage to accumulate more Bitcoins to one's portfolio because after these corrections the price of Bitcoin may no longer dip to this point anymore till after the bull run.

Yes, Na true u done talk so, this period no be tym we suppose to panic normally we done see DIP wey surpass this one, this na something usual wey dey guaranteed for every Bitcoin cycle, e no go just dey pump dey go like dat, most times e go observe market correction so e go fit meet new price mark and e good to create awareness so much people no go fall victim of selling just too early due to panic from seeing the price of Bitcoin Decline. We just need to priorities our interests on accumulating more Bitcoin inside this current DIP, every DIP counts, we may not frequent such price again.

That's true , alot of investors as already mess up using money  that are important or relevant for them as emergency funds to invest in Bitcoin, just in the name of being aggressive with their accumulation in wanting more profits. Most time  Such individuals mindset are mainly fixed for short-term profit that why they would go ahead using any funds that comes to their way to invest , which is not encouraging at all . Because it may lead to them selling their investment in loss or when haven't yield them anything due to having a certain emergency or due to fact not being able to bare seeing their funds decreasing in value whenever there's a slight dip in market.

That's why most time the best accumulation strategy to recommend to any individual expecially those that are still new in this space is DCA strategy, whigh buying Bitcoin at any price interval in a fixed time either weekly or monthly. Buy using a certain percentage of your earnings to engage in DCAing . Without going all in with your funds in order to have some emergency funds to take care of some expenses while holding

At times like this we should not panic at all as it is an opportunity for us to accumulate more bitcoins at a cheaper rate but a lot of people fail to see it that way instead they panic and sell at loss thinking they are saving themselves for running at loss. I feel say all because dem go invest more money pass their power wey dem fit afford to lose na why dem no wan see bitcoin de decrease in price and dem de forget say bitcoin de volatile and fit move go any direction.

All investors suppose de prepare themselves against times like these and train their minds not to panic when there is a drop in price. People who are able to withstand the pressure and didn’t sell at times like this end up to become the most successful.

As all of us d for this forum we don know wetin to experience for this halving and how to follow am and I believe most of us are using it in our favor to accumulate bitcoin at a dip price. All the same, all this advice wey we d give on a regular for this forum, I go like make we extend am to our family and friends on what they should expect in this dip market, so that them no go d panic as the price of bitcoin and other altcoins d decline so. As for most of us, we panic not cos we don already know what to expect in this halving and we d see this dip as an opportunity to buy more bitcoin and hodl am till the bull run comes

I want to buy bitcoin because some one has bought some Altcoins for me and they are really dropping I don't know if it is because of the halving that is to occur. I have been looking for means to own some bitcoin, the last time they checked for me, they said to own 1 bitcoin is over a million naira. I don't know if it is still like that.
I can't be in this forum and I don't own a bitcoin. Please guild me @I_Anime

When it comes to BTC I don't see the reason why someone will panic is there is a dip, because BTC have showed us that no matter the dip the price will still skyrocket at the appropriate time,  anytime there is a dip instead of panicking it's best advisable to take that opportunity and accumulate more, then Hodl so when the value goes up you make some profit, as long as this year or next year is concerned I won't panic if there is a dip in BTC, because I already know what is ahead, because after a dip and you are patient and courageous enough to Hodl the new price can reach its ATH, so let's not panic especially knowing that the Halving is around the corner.

If one aren't new in the space, this shouldn't be a big deal. But some people are fear of this just because they don't want to lose their hard earn money. This is why buying with DCA is very important.

Exactly that's the tradition wen price go down e go surely go up back . We nor just expect the price to just dey go up without any dip or any corrections. Like now few days to go before bitcoin halving alot of individuals dun dey set their reserve funds down wey dem go use tey purchase the dip that day . So now nah the time to dey set funds down for buying the dip and also continue with our DCAing because nah this time we get to tey purchase Bitcoin has the price go come down, because after the halving nah surge the price go surge and most of us here believe say at that time nah beyond $100k nah bitcoin go aim . So make we nor missed this life changing opportunity of this upcoming bull run . The funny thing is that many will still endup selling their coins during the dip because of the half-size knowledge they have about this crypto space. Like many folks wey dey hold nor even understand the whole system of Bitcoin halving . Well still we hope for the best.

Lets face reality ignoring the downtrend of Bitcoin is very difficult unless you understand how the system works, Bitcoin is a volatile asset I know but how many people understand this fact, every situation that happens in bitcoin was meant to happen, there is time for everything  but uncertainty must take place because of market speculation, there period when people withdraw some amount of their Bitcoin due to some amount of profit made so far during the hofling period, sometimes people withdraw because of speculation of possible drop in the price of Bitcoin but i advise that the best time to invest is when the price is dropping as you said but how many people can endure this, it is not easy for a business man to notice that his investment is depreciating and still keep investing more funds into it, it takes a great mind and someone who is conversant with the market to do so.

The obvious fact be say when bitcoin dip, it will recover and pass even your previous buying price to get another ATH but the thing be say people dey fear say make the value wey dem get no run down. Like currently now some people don dey count loses say dem for sell at the time wey deir coins rise and their wallet look good. Usually investors like to see say price go just dey go up and not down but that is the tradition say price must go down and must come up. This week we go hit another halving and yes price fit begin run go down but definitely it must go up at a time this year later after the halving, so to hodl no be foolishness . If you want to sell you may be selling at a very ridiculous cheap price.

Well I was once like that , the one that always panic whenever there's any slight dip in market. And such act haven't done me any favour but cause me losses . Like then when Bitcoin was around $15k I sold mine due to fear that it may continue with its dips instead of buying the dip , but now look bitcoin hit a new ATH $73k just imagine that I didn't sold mine back then I just kept on holding and accumulating till now may be I would be in a better profit now , but due to panic let such live changing opportunity passed me by . But that have some good knowledge about Bitcoin I can proudly hold. And whenever there's any dip I'm always excited because I would be able to buy the dip using any convenience strategy for accumulating bitcoin.


Yeah you're right, but the reason I don't encouraged such act of someone selling their holdings with the mindset buying back, because one may not have the chances of buying again at that same low price or even lower. Like for instance an individual bought bitcoin around $20k and sold it around, let me say $60k . If Such individual want to buy again he or she might not be able to buy at the price range of $20k again. So is more better for those that have gotten some nice quantities of Bitcoin for themselves to take profit instead without selling all their holdings than someone that's new in his Bitcoin accumulation (using any strategy expecially DCA ) that haven't gotten enough or much quantities to think of withdrawing or taking any profit , if he or she Is in for something big in holding for long .

No matter how many times we have been through same scenario still the people will panic sell though they knew that the price will rise back but it's not that they don't have any strategy or they are in for short term profit and cannot be involved with Bitcoin for longer period of time. I have seen people saying stuffs like they are waiting for dip to buy but they don't and instead they end up selling their hodlings. I think one must know the basics of Bitcoin before deciding to invest into it.

No matter what you do to advise newbies not to be panic in the bear season, they will surely be panic to make some people who don't have the knowledge of BTC to think that BTC will not rise again,  not knowing that is the season to accumulate BTC in their wallets.

 Selling BTC at this new price in the market is not a good idea because the price has dumped to $65k, which it will not allow their hodlers to make a good profit like those that market their BTC when the price was still in $70k few days ago, which is the bull run you can advise people to sell to earn profits from the market.

If you have it in mind to buy when the bear market occur, I guess the season will soon occur because the red light is about to be stable for the price of cryptocurrencies to dump for people to know that bear season is taking over the market soon.

The only thing you can do in situations like this is to ignore when the market is down; that is the only thing that can help you reduce anxiety when ever the market is down. If anyone is actually very familiar with bitcoin, then situations are not supposed to be a problem. In fact, this should be one of the worst markets in history. We are aware that the market will eventually rise again, despite its inevitable fluctuations. Additionally, while you monitor the market, if you discover that the price has dropped, you may take advantage of this and buy more. If you have money on hand, taking advantage of the price decline will also increase the amount of assets you own. And Bitcoin will be unmatched for other coins. No matter the situation on ground just hold own to your assets your profit day is coming.

You might be right but what can you actually say in a situations of short term Investors who hodl til the bitcoin market cap was $75,000 and at the moment we're experiencing below $66,000 and while we expect the halving to come to a slash of bitcoin values, meaning to say more dip far below would strike bitcoin market.
Meanwhile those of Short time investors are emotional broken because they're already regreting why they never sold when the bitcoin price hitted the ATH while trying to consolidate with their emotions, the price keep on depreciating.
So at such cases, do you advice such investors to sell or keep hodling meanwhile they could watch the value of their assets falling which their emotions might not be able to console it further.
So do you advice they should ignore the price and assume all that are just drama's and hodl until the bull run? Because at at time like this,such categories of investor would being doubt to buy and accumulate more.
I think the best they could do is to hodl rather than buying to accumulating more due the the state of their emotions.

You can as well check this out and air your views too.
https://bitcointalksearch.org/topic/--5492874

Yes, it's true you don't need to blame people if they sell their Bitcoin when it's price is falling dip, but rather you should blame them if they fail to buy back after the price of Bitcoin has fallen more dip, so as to be able to ripe more profit when it's price skyrocket back, because normally that has always been a strategy people operate via the  (i.e Dollar Cost Averaging) method. However, the dip Bitcoin just experienced is a clear indicator for the Bitcoin halving,

But nor be many people know dis one but Thank God for better knowledge way don dey spread for naija, many people even outside BTT for naija dey shout by the Dip, e nor be like 2020 wey many people go for Don quickly dey sell bcos they one cut lost.
All these crypto speculators people nor too send them again like before many of us don know the truth for naija say na HODLing win am  


Be like say na the Israel and Iran cause dis dip but me dey Thank God bcos as I dey now with my knowledge I go like see bitcoin even go around $30k so that I gain more and even if e nor fall go that price I go still dey accumulate bcos I nor be Dat gullible person of before wey market speculators fit persuade wey sell e coins during FTX crashes for loss. Now my eye Don open, I don wise.

Why person go panic? If anyone go panic sef na for people wey no actually know what's up about the market because if you dey well aclined about the volatility of the crypto space then all this panic no go really affect you. Some persons dey call am the perfect and wonderful to buy more bitcoin because the dips is best and when you buy for the dip you get a large portion of Bitcoin than when the price is high.

That yesterday dip pain me because I no get money buy more coin, I just dey look as everywhere dey red, but e no bad Sha, another dip go come I go dey prepare keep for that one. How you go buy coin, then after dip you will decide to sell? You don dey at lost already you no suppose sell now, na hold you suppose hold am. For crypto make you know say time go come wey coins go come down, and if you fit hold am e go still go up, so nobody suppose dey panic if coin dump now. I know say e no easy make you dey check your wallet make you see say you dey at lose, but if you get patience e go bounce back.

If you be investor, you suppose dey keep money separate for dis kin dip, incase if dip happen any moment, you go fit buy more add to the one wey dey your wallet already, dip na opportunity to accumulate more at a very cheaper price. If coin dump, some people go dey fear to buy because dem go dey reason say e go dump more, but make we know say we no fit see coin at the lowest price. Na why some people dey take miss opportunity.

Their is always one funny thing about the dip and some investors and the matter be say when Bitcoin price dey up people go dey complain say make e come down but immediately the price come down sef some scared person go still dey complain say the coin don too drop say dem dey fear make e no come get K-leg where as Bitcoin himself don prove for countless times say e come here to say and all this dip dey part of the market lifestyle.

Anybody wey know wetin de for Bitcoin matter go understand say wen di price de dip na dat time e de sweet pass to de accumulate more, so di dipper di price di better to de buy more, if you get di money. You de correct to reason say some investors wey no get surficient knowledge fit liken Bitcoin to dos scam projects wey be say if dem begin to de dip, no hope for dem to pump again, but Bitcoin don proof im reputation over di years say even if im price dip eventually e go pump again and e go de hit new ATH for every bull run, dat na why e de important to de hodl on long term basis.

I think any body that sells in a slight dip is a person that bought it when the price was high and sell when it is low in other not to incure more loses and people who intend doing such are traders and not HODLers because investors or holder are not in much in rush to sell rather take advantage of the dip and accumulate more. That is why DCA still remain the best, because buying on each dip make a person confuse on when to buy but DCA doest care about that.

It's only a newbie in the world of cryptocurrency will compear bitcoin to shitcoin. Shitcoin is just shit as the name implies. So we should be more careful on the type of coin we buy, hoping to get a good result in return
 Sofar Bitcoin is the best coin in the world of cryptocurrency. From the first halving to the last halving it has created new ATH each and the 2024 halving we equally manifest it own. And no other coin has done what bitcoin has done and that is why it still remain the best of all. Just but and HODl.

No be for only dip and HODL we go dey talk about holding make we also carry am come local Board

Well yesterday Bitcoin literally experience some dip , and I was excited ( because I see it has an opportunity to get myself some good quantities) while some individuals was out there selling their holdings, due to the dip which initiated some panicking. But I won't blame them though , because most people are just new in this space without any solid knowledge on how things work here , so due to that at any slight dip they would quickly sell with the fear that the dip may continue.

Even though at any chances the dip continues, it means you just got more lucky to buy the dip accumulating Bitcoin when there's decrease in prices. The reason most people do panic and endup making the wrong the decision, is because they have this habit of comparing bitcoin to other shitcoins they may have encountered, with the Idea that Bitcon may not recover from the dip like other shitcoins that experience dip without recovering back . Well the truth is that bitcoin ain't like those coin despite the dip bitcoin will always bounce back stronger.

So this is the time to keep holding and the same time  keep accumulating more bitcoin, and this is the week Bitcon halving going to take place, so this week may be bearish for some time, but still use it to your advantage in accumulating more bitcoin. And not selling your holdings. We are in the fourth cycle and base on recent events this cycle is going to be unique from the others (in a better way) and this the same cycle Bitcon ETFs got approved for the first time. And  Bitcoin also hit a new ATH before the halving , so this shows that Bitcon going to surge massively even more than we expected, (though there are no guarantees) , this upcoming bull market After the halving, is when alot of people will go to bed broke and wake up a millionaire. So what am just trying to say is don't panic just hodl.