How do you honestly feel about the recent bitcoin drop? - page 3.

emberbekas

legendary

Activity: 1904

Merit: 1000

Quote from: Sherwood_Archer on October 11, 2018, 10:11:37 AM

I am relatively new on this and was just invited by a friend to join. I sold mine months ago so I really don't have much. I was thinking that I would have been deathly afraid if I had any bitcoin and this happened. I know it isn't the first time so maybe it will be a good time to buy?

I myself don't have too much in my wallet so I'm not afraid or panicked at the current bear market. To avoid bad feeling when our investment drops in value, it would be better to risk / invest only the amount that we can bear which won't cause our minds to be confused when something beyond expectations happens.

trauchot

member

Activity: 1764

Merit: 10

We can’t do anything, the cryptocurrency market is arranged, and even now the bitcoin price is very high and if someone wants to make investments, you need to be more cautious about this now, because for a long time the market hasn’t risen but just dropped, maybe more big jumps in growth will not be.

putrii

full member

Activity: 420

Merit: 100

when I am stuck at a very expensive bitcoin price, I can't calm down because the assets I have are stuck at a very expensive price, when my position is like your friend, I might forget my assets in the exchange for a while and as much as possible to do other activities such as looking for a job or vacation.

ubay

full member

Activity: 728

Merit: 101

No one knows when bitcoin goes up or down, it's better to use the best opportunity to buy bitcoin. And remember this is a high-risk investment.

denzkilim

full member

Activity: 1218

Merit: 105

Quote from: Finestream on October 15, 2018, 06:04:13 PM

If I were you, I would buy Bitcoin now because it has a very low streak now and in the future it can bring you a very good profit.

You should inform people what's the pros and cons of investing rather than making the person feel "FOMO"(Fear of missing out) because not every investment can turn out to a positive result. Cheesy

Quote from: maxilopez on October 15, 2018, 05:17:14 PM

I agree.If you're planning to hold for long term investment,then it would be perfect to start buying now while the price is definitely low.Because surely the price won't stay the same for a long time,this will rise up again in the next days.So start investing now and make good profit after holding for a long term.

Buy low and Sell high this is the common dilemmas of everyone because no one knows when is the time that Bitcoin will go for an extreme dip to buy and when it will go skyrocketing for the perfect timing of selling. We all know that this Crypto Currency industry is all based on predictions and speculations and there is no one that has the accurate knowledge of the time that the market will go on a dip or an epic skyrocketing.
I'm not encouraging or discouraging anyone to invest or not to invest because every human being has their own choices and way of thinking but before a person decides to invest it is better to acquire a lot of knowledge and wisdom in this very volatile environment and should keep in mind that anytime, the money that he/she invested could turn out to the negative side and always remember to invest only the money that a person affords to lose so whatever might happen there will be no regrets on his/her decisions. Cool

Juliedarwin

full member

Activity: 462

Merit: 100

I honestly feel about the recent bitcoin price is now drop.. I'm not honestly OK, worried about my hodL, very much panic from what happened. Coz the day I probably joined here the market is dropped but that's not much, its honestly goes up and sometimes goes down. But I received much more blessings from that day. And now it's about to decide that much better to buy bitcoin for now.

Buttermellow

member

Activity: 462

Merit: 14

Feel worried and being robbed by day traders for they are the only individuals who are earning for their activities. There are huge whales as well who are good in day trading and could relatively move market price of a certain crypto in the market. Thus, could even control the market price of the crypto.

gamechangers

member

Activity: 392

Merit: 10

I didn't immediately get bothered when bitcoin first dropped in price. I panicked a bit when the price went down further because I had plan to execute a project. After a while decided to cast off it. I have decided not to sell my bitcoin at loss.

guybrushthreepwood

legendary

Activity: 1232

Merit: 1195

Quote from: Sherwood_Archer on October 11, 2018, 10:11:37 AM

I am relatively new on this and was just invited by a friend to join. I sold mine months ago so I really don't have much. I was thinking that I would have been deathly afraid if I had any bitcoin and this happened. I know it isn't the first time so maybe it will be a good time to buy?

You must be new. Do you know how many times bitcoin has risen and fallen? It happens daily to a lesser extent, but swings of around $100 aren't that uncommon up or down, and they can fall by a hell of a lot more and that can be worrying sometimes. Whether this scares you or not depends on your outlook and vision for bitcoin, though. It certainly wasn't nice seeing bitcoin fall from nearly $20k to $6k or whatever it was, but on the flip side it was very exiting to see bitcoin go from sub $100 to $1000 and then $1000 to its all time high. You have to expect this wild ride with bitcoin though, but if you believe in it long term you shouldn't be that worried as bitcoin is probably still in it's infancy in the grand scheme of things, but nothing is a guaranteed and I think these fluctuations are just part and parcel of bitcoin now. If you can't handle them then bitcoin probably isn't for you, but if you do believe in bitcoin long-term then yeah, it's probably a good time to buy. As I said though, nothing is guaranteed.

Eraldo Coil

member

Activity: 448

Merit: 10

Honestly, I didn't expect the price drop of bitcoin to 20k to 6k I mean i thought this will only play from 10k to 15k but yeah we can't control the market. We made the price of it and we will suffer on it. But i know that this is normal so i just get over it.

Anies_Sandi

sr. member

Activity: 700

Merit: 252

Quote from: BCTalkaccountforsale on October 11, 2018, 11:48:24 AM

Do not lose faith in Bitcoin. The price drop is temporary, because Bitcoin's price is unpredictable. If you still believe in Bitcoin then Bitcoin will not make you disappointed. In the future, Bitcoin prices may rise and you may be surprised by that.

You are an investor who is very trustworthy because many investors who feel fear and panic with the current situation, it takes a lot of confidence and patience to overcome problems in the present conditions

binhvo1505

member

Activity: 728

Merit: 11

https://streamies.io/

Quote from: Sherwood_Archer on October 11, 2018, 10:11:37 AM

I am relatively new on this and was just invited by a friend to join. I sold mine months ago so I really don't have much. I was thinking that I would have been deathly afraid if I had any bitcoin and this happened. I know it isn't the first time so maybe it will be a good time to buy?

The downfall always makes many traders panic but you need to keep your spirits up. Otherwise, you will never succeed in this field. I think you should learn to analyze the market and participate in more discussion groups on Crypto. They will give you more experience and you will know what to do in the future.

btccointalk

member

Activity: 336

Merit: 20

I think dropping of price is just normal in the crypto world. The price keeps on fluctuating. We should not be panic and wait for the price to rise up again.

dongyi17

full member

Activity: 616

Merit: 100

FRX: Ferocious Alpha

Quote from: Sherwood_Archer on October 11, 2018, 10:11:37 AM

I am relatively new on this and was just invited by a friend to join. I sold mine months ago so I really don't have much. I was thinking that I would have been deathly afraid if I had any bitcoin and this happened. I know it isn't the first time so maybe it will be a good time to buy?

Your experience now is normal for new in this business, I suggest study more and read in this forum so you can learn about bitcoin. Bitcoin price is down for now but i believe bitcoin will rise again,, just keep patience and courage to wait.

yurekaa

sr. member

Activity: 574

Merit: 250

In my opinion. we are all nervous when the price of bitcoin or altcoin has decreased. and lately, crypto prices have been very volatile. within minutes the price can go up and can also go down. all investors must complain about conditions like this. many investors argue that a price conspiracy occurs by certain parties only to benefit a group of people. this will make crypto fall further because investors do not get price stability.

Agapelove

member

Activity: 425

Merit: 10

The recent bitcoin drop was typically felt normal considering after those months of continuous declines. However, just yesterday bitcoin showed something towards the other side by having a 10% rise within 24 hours only. So, the uos and downs are normal situations in a very volatile industry.

ankusharora1980

newbie

Activity: 126

Merit: 0

Being as a newcomer i would feel whenever there is drop in any market we should buy the product which will give us gain in future. and the same will happen in case of Bitcoin . The price of Bitcoin will swiftly rise and we will gain profit.

hastag_80

member

Activity: 392

Merit: 11

The New Pharma-Centric Marketplace

Quote from: Sherwood_Archer on October 11, 2018, 10:11:37 AM

I am relatively new on this and was just invited by a friend to join. I sold mine months ago so I really don't have much. I was thinking that I would have been deathly afraid if I had any bitcoin and this happened. I know it isn't the first time so maybe it will be a good time to buy?

Will honestly,disgusting what i've feeling in this happen of bitcoin drops down on its price value,because every hour i've always monitor the coins market caps if the price would rise again,but its sad its continue to drastic down to its lowest price value in the market,therefore i can conclude in my mind thats maybe theres no bullish run in this end of the year,because there is no sign that the price going high again same last year.

dmty.0809

sr. member

Activity: 756

Merit: 250

Practice if your decision is correct, because if you follow what other people say, you will not progress. Playing bitcoin is like playing stocks, there are times when we get big profits, there are times when we get losses. Playing in a healthy mind is better.

setialovers

member

Activity: 812

Merit: 11

I am feel sad looking most my investment drop the value and i am believe i am not alone. But i am keeping my faith that bitcoin and others coin will recover the price when market start recovery. I am plan to hold my coin for long term because its keeps me relax

Topic: How do you honestly feel about the recent bitcoin drop? - page 3. (Read 1476 times)