For all of you scared of the current dip

tippytoes

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Quote from: Vaskiy on March 08, 2021, 05:41:25 PM

Quote from: 2double0 on March 08, 2021, 03:48:41 PM

Btc holding $50k is a very big thing amid dollar gains happened yesterday that made btc erase all its gains, but what a comeback! I think the 'somewhat bearish' phase of btc was rolled out to spread FUD in markets but today's investors are very smart that they are not selling in this FUD. I was skeptical about btc reaching $40k and less but now as $50k level is broken back, we will see a rush in btc buying taking it over $65k.

This time Bitcoin gaining momentum and crossing $50k isn't a big thing, this is much expected and predicted move of experts. As said FUD is spread around, but the market hasn't reacted to it. This has been happening as a result of more and more corporate network getting into the cryptospace. This could've been a big thing if it has dropped low to $40k and made a recovery crossing $50k. This time the bull market is completely different and the bull trend is predicted to last for a much longer time in a much stabilized way.

Big companies are still buying bitcoin, so I really don't think we will experience a massive drop here. The support is quite strong above 40k level. The adoption is different this time, and I believe this pandemic brought a lot of positives for crypto. Now, they are realizing that crypto is very good alternative in the payment system. People want to avoid using fiat, and one option now is to use crypto. I hope to see more merchants include crypto in their payment system. PayPal already have done their part, and I think, that was a good call from their side. They just need to change their approach in crypto.

Vaskiy

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Quote from: 2double0 on March 08, 2021, 03:48:41 PM

Btc holding $50k is a very big thing amid dollar gains happened yesterday that made btc erase all its gains, but what a comeback! I think the 'somewhat bearish' phase of btc was rolled out to spread FUD in markets but today's investors are very smart that they are not selling in this FUD. I was skeptical about btc reaching $40k and less but now as $50k level is broken back, we will see a rush in btc buying taking it over $65k.

This time Bitcoin gaining momentum and crossing $50k isn't a big thing, this is much expected and predicted move of experts. As said FUD is spread around, but the market hasn't reacted to it. This has been happening as a result of more and more corporate network getting into the cryptospace. This could've been a big thing if it has dropped low to $40k and made a recovery crossing $50k. This time the bull market is completely different and the bull trend is predicted to last for a much longer time in a much stabilized way.

2double0

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Btc holding $50k is a very big thing amid dollar gains happened yesterday that made btc erase all its gains, but what a comeback! I think the 'somewhat bearish' phase of btc was rolled out to spread FUD in markets but today's investors are very smart that they are not selling in this FUD. I was skeptical about btc reaching $40k and less but now as $50k level is broken back, we will see a rush in btc buying taking it over $65k.

chikading2016

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Quote from: raji1995naya on March 06, 2021, 05:43:19 PM

I m in trading field since 2016. Crypto + Forex trader. I still haven't see any chart that goes up without a correction. Trading always giving someones loosen money as a profit. So the algorithm has to lose traders to maintain its consistency. This dip is not much of a surprise. I was expected this dip after hitting 65K. But It occurred before that. Still, we have a bullish market and no more things to fear.

I agree on that there is no need to worry because bitcoin is still in a high price even the price is nlw down a little i think bitcoin will rise up to 55k$ in the next few weeks or months so let us wait and be more careful, dip is an opportunity to buy some more and hold so let us grab the opportunity because if bitcoin hits 150k$ at the end o the year that would be very risky to buy.

jaberwock

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Quote from: longyenthanh on March 06, 2021, 05:56:27 AM

We are all humans and we should understand that inexperienced investors are very impulsive and often make decisions without thinking. They also find it hard to resist the fear of a rapid drop in price. Therefore, I advise everyone before making a investment decision to remember and stick to this so as not to sell as the price drops quickly. It is best to wait until the price is at the level we are satisfied with and then sell. Bitcoin's price fluctuates, but sooner or later there will be a new ATH.

Everyone makes mistakes, some people cook food and burn them, some people trip and fall because they are careless, some people make investments hastily.

There are so many people that make mistakes in regular life let alone in work, in work we all know at least one person that did a huge mistake, I have a friend who forgot a wake up call when I worked in hotels and the guest missed his flight because of him, due to this hotel compensated a business class flight for the person and apologized which was cut from his salary and that was about 2 months worth of salary as well, so we all know people that make mistakes like that.

In crypto world, there are people who make mistakes, they get in very quickly and without any care and they end up with a loss, there is really nothing that can be avoided because in the end everyone makes mistakes so we should not really blame them.

Fatunad

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Quote from: raji1995naya on March 06, 2021, 05:43:19 PM

I m in trading field since 2016. Crypto + Forex trader. I still haven't see any chart that goes up without a correction. Trading always giving someones loosen money as a profit. So the algorithm has to lose traders to maintain its consistency. This dip is not much of a surprise. I was expected this dip after hitting 65K. But It occurred before that. Still, we have a bullish market and no more things to fear.

No matter what market you are involved into, correction and price dips are inevitable and i dont know how other people been thinking that there would be no corrections like this.
Instead on getting scared, why wouldnt make these things to see as a chance to buy cheaper coins? Who knows that these might be the last prices that we would able to see
because the market would really be heading bullish in next days or months or years to come.Being afraid with this market cant really be removed on oneself specially
if the volatility is really high into a certain extent then its either you would really be ending up on making profits would lost your investment.

raji1995naya

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I m in trading field since 2016. Crypto + Forex trader. I still haven't see any chart that goes up without a correction. Trading always giving someones loosen money as a profit. So the algorithm has to lose traders to maintain its consistency. This dip is not much of a surprise. I was expected this dip after hitting 65K. But It occurred before that. Still, we have a bullish market and no more things to fear.

Wawa2013

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With the explanation of the opening post, we should be able to conclude that the current decline in Bitcoin prices is still normal. Even the current
support price is $ 48k higher than the previous support price at $ 44k. So there is no need to be afraid to see the price of Bitcoin, which until now
has not been able to go back up to the price of $ 58k. We do have to be patient if investing in Bitcoin, I am sure that this month Bitcoin will be able
to return to a price of $ 58k. We only need HODL Bitcoin we have, don't rush to sell Bitcoin at the current support price.

XCANA

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Quote from: rhodelmabanal on March 05, 2021, 01:20:24 AM

Well dip is normal in crypto and that was a great time to buy, to those who are new in crypto dip is terrifying but to those who are in crypto for a long time dip is an opportunity, it is a great opportunity to buy some more and hold for good, i believe that the very effective strategy is to hold so buy in dip and hold.

Those who buy from the dip always buy for luck, sometimes this game do changes from good to bad, back in 2016 i bought my first bitcoin for hold and never sold until when the year 2017 came and sold for my profits. Bitcoin opportunities lies inside the dip and those who embrace the dip are most lucky than the panic sellers with weaker hands.

Becky666

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There are those who can't deal with the tensions of seeing the market dipping everyday with their investment, while some of them even have been victim of one or more project with pump and dump, so, they will be more scare when they see their Bitcoin investment going down. During the last errand when Bitcoin was hyped some of my friends lost to it and are very scaring to make investment with Bitcoin currently but those who take the risk always enjoy the risk of buying in the dip.

slaman29

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Quote from: rhodelmabanal on March 05, 2021, 01:20:24 AM

Well dip is normal in crypto and that was a great time to buy, to those who are new in crypto dip is terrifying but to those who are in crypto for a long time dip is an opportunity, it is a great opportunity to buy some more and hold for good, i believe that the very effective strategy is to hold so buy in dip and hold.

You should ask me in 2016-2017 if buying the dip was indeed a great time to buy.

Yes for Bitcoin and for ETH and in general LTC and Monero and other big alts, but you still had to wait years for those to become great buys. Most alts I bought in the dip continued to crash and crash. Some don't even exist anymore:)

longyenthanh

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Quote from: bitterguy28 on March 06, 2021, 05:15:47 AM

Quote from: Questat on March 05, 2021, 08:07:23 AM

May I was scared because I buy Bitcoin during the hypes and once it drops, I have to lose... this is normal to human, right? We feel terrible when that it looks terrible also, the dip could be scary in the sense that someone will lose or even us. But if you are buying during the bear season, like at $10k or below, even the price will dump at $40k, there is still no need to worry, we are actually safe.

This feeling can't be deniable but of course, it should be reasonable as well.

Lol if you bought in the Hype meaning you have the Guts to risk and Hold , or if not then you are simply A total loser.
Bitcoin price is increasing at one time and on the next will have either correction or Bear market.
So if you are not ready to Hold then never chase the price when it is increasing .

We are all humans and we should understand that inexperienced investors are very impulsive and often make decisions without thinking. They also find it hard to resist the fear of a rapid drop in price. Therefore, I advise everyone before making a investment decision to remember and stick to this so as not to sell as the price drops quickly. It is best to wait until the price is at the level we are satisfied with and then sell. Bitcoin's price fluctuates, but sooner or later there will be a new ATH.

bitterguy28

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Quote from: Questat on March 05, 2021, 08:07:23 AM

May I was scared because I buy Bitcoin during the hypes and once it drops, I have to lose... this is normal to human, right? We feel terrible when that it looks terrible also, the dip could be scary in the sense that someone will lose or even us. But if you are buying during the bear season, like at $10k or below, even the price will dump at $40k, there is still no need to worry, we are actually safe.

This feeling can't be deniable but of course, it should be reasonable as well.

Lol if you bought in the Hype meaning you have the Guts to risk and Hold , or if not then you are simply A total loser.
Bitcoin price is increasing at one time and on the next will have either correction or Bear market.
So if you are not ready to Hold then never chase the price when it is increasing .

longyenthanh

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Quote from: kotajikikox on March 05, 2021, 08:35:55 AM

We already saw the Capacity and movement , why still be weary on what the market will bring unless we are here just to make easy money then this will be on the other side of the system

Bitcoin will Make another ATH if not today ,or not tomorrow ? there are still plenty of time for this to come true.

Just focus on Holding , the amount you can afford to lose must be keep inside your investment and trust me , one day you will find that everything will end up Winning .

HODL!!!! HODL!!!! HODL!!!!!

There's no other way! The demand for Bitcoin is constantly increasing, and there will be less and less new coins. The way this system works is that the price has to go up. New ATH will be appearing every now and then, because more and more people are interested in Bitcoin and invest in it!

peter0425

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Quote from: LUCKMCFLY on March 05, 2021, 09:17:16 AM

Do not panic, institutional investment in bitcoins is everywhere, now what you have to do is wait, these institutions like Paypal, Microestratey are in the market together with Elon. Musk, they are not going to make investments to lose, things look different, this is not like in 2017, the correction that exists is normal in a market.

Those cry baby are always panicking but when the train runs off they do is blame the market for not telling them when to sell or buy lol.

Quote

In each correction there is FUD, you cannot panic when Bitcoin is one of the safest investments there is at the moment, even so, bitcoin rose to a new ATH being in a pandemic, now when this pandemic is over it will be much higher and the price can go much higher.

Its not enough for them even when they already saw how Bitcoin grows high and high each Halving , because what they want is quick profit and they don't belong to be here.

fullhdpixel

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Quote from: Quintrix on March 05, 2021, 02:14:54 AM

If only they will look at this positively they can gain a lot from this, this is a continuous cycle of profit if they take the opportunity to study the market flow, they will the demand and supply chain and what every movement of the market brings, those who are afraid are those who invested with their savings and are afraid to lose it.

This is basically what those huge wall street companies as well, it is nothing that shocking. They try to find stocks that are undervalued and when market crashes they do lose a lot of money because their stocks go down but they have money as well so that means even if they technically lose money, they end up buying even more when it crashes so that they would be in a bigger profit when it goes back up.

Unfortunately many newbies do not have the money to buy even more from the dip, I was lucky enough to put a bit aside but that's about it, I do not have a lot of money that I put aside so I can't say that I made a lot neither but it helped, eventually those newbies will learn this over time as well.

Silberman

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Quote from: molsewid on March 03, 2021, 10:59:10 AM

At some point i do understand why they have felt that way, why they have this urgency to take all the profit that they think they can take, why they just panic that way to sell their let say bitcoin because it is way better to sold it in a $45k than the much lower than it, or should i say they have their most reason. But on the other hand, i could say that i hope they did left or saved a bitcoin for them that they can used to trade again when the market gets in bull again because its better to save it there than buying again for a much higher value than the value you have sold it when bear market. Yeah, their emotions dominates most with this aspect.

In a way I get it but it is because of this I think that those that sell their coins should at least adopt a philosophy similar to what many investors do with gold, most books about investments recommend that people keep at least some gold in hand just in case things take a turn for the worst, and if this scenario is increasing in its probabilities then you increase your position on gold but you always keep some in hand, and a similar approach should be used with bitcoin for those that sell, so even if they sell most of their bitcoin they still have some in case it skyrockets.

LUCKMCFLY

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Do not panic, institutional investment in bitcoins is everywhere, now what you have to do is wait, these institutions like Paypal, Microestratey are in the market together with Elon. Musk, they are not going to make investments to lose, things look different, this is not like in 2017, the correction that exists is normal in a market.

In each correction there is FUD, you cannot panic when Bitcoin is one of the safest investments there is at the moment, even so, bitcoin rose to a new ATH being in a pandemic, now when this pandemic is over it will be much higher and the price can go much higher.

kotajikikox

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We already saw the Capacity and movement , why still be weary on what the market will bring unless we are here just to make easy money then this will be on the other side of the system

Bitcoin will Make another ATH if not today ,or not tomorrow ? there are still plenty of time for this to come true.

Just focus on Holding , the amount you can afford to lose must be keep inside your investment and trust me , one day you will find that everything will end up Winning .

HODL!!!! HODL!!!! HODL!!!!!

Wilhelm

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Quote from: Questat on March 05, 2021, 08:07:23 AM

May I was scared because I buy Bitcoin during the hypes and once it drops, I have to lose... this is normal to human, right? We feel terrible when that it looks terrible also, the dip could be scary in the sense that someone will lose or even us. But if you are buying during the bear season, like at $10k or below, even the price will dump at $40k, there is still no need to worry, we are actually safe.

This feeling can't be deniable but of course, it should be reasonable as well.

Yes I and many have learned to try and ignore your emotions during investments or selling.
If you trust your emotions you are reacting to what is happening.
You should be anticipating on what will happen.

But you need to grow a pair to invest when things are looking bleak. Or HODL through a bear period.
And not be greedy when selling whilst you haven't gotten the optimum price.

Of course I feel shitty when bitcoin goes down.
Of course we all go through the ups and downs.

With bitcoin you know it will go up. You just don't know if it will be weeks, months or years.
This is what I tell myself to stay a strong HODL'er...

Topic: For all of you scared of the current dip (Read 411 times)