How do you honestly feel about the recent bitcoin drop? - page 8.

Desscount

full member

Activity: 1386

Merit: 101

ComboLabs

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?

nothing is truly calm unless it has gotten huge profits, of course this is a matter of how you react. yes, the current situation is not so good but you can still speculate to get a profit, the problem lies in your knowledge and experience.

Callanta787

member

Activity: 546

Merit: 21

Its always good to buy when market is down so you can get your hands on some now,market is in red again because of bad news here and there but we all know it won't last so just keep buying for now

jseverson

hero member

Activity: 1834

Merit: 759

Quote from: xbossJ on October 12, 2018, 12:58:02 AM

It only gets worse before it gets better! This October drop looks familiar!! Feels like October 2017 second to the last drop before the market began its massive Bull that has become the one everyone is wishing to see! I believe the would be a bull! But how intense it will be, how high it will go is what I can't really tell! But this Drop looks very familiar and similar to last October's

I don't think things will turn out quite the same way, the key difference being last year's strong year-to-date performance. We're on a bear market now and the same couldn't really be said then, even with the sudden drops. I think people expecting a strong bull run to end the year a la 2017 are going to be very disappointed.

Moiyah

member

Activity: 630

Merit: 20

Even if there are times like unexpected bearish for twice at the same week, I am still not used into how this manipulative market has. Bitcoin was really unpredictable, even so, if you are about to invest in btc, prepare yourself with this kind of market's attitude. This is how cryptocurrency goes in reality.

Ruffian1314

copper member

Activity: 322

Merit: 0

I think we all feel bad for those who have bought bitcoins at a higher price because its already a loss for us but it will become a loss if we sell our bitcoins in such a low price so for me, i will still hodl all my bitcoins and wait for the right time to sell it. The best thing we can do now is to hodl and wait.

bp.comp69

member

Activity: 180

Merit: 10

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?

this is what I feared with bitcoin, when all prices dropped all coins fell

Kakmakr

legendary

Activity: 3542

Merit: 1965

Leading Crypto Sports Betting & Casino Platform

I feel disappointed. Sad

We have been working very hard to grow adoption and also to grow the merchant base and I would have thought that this experiment would have gone to the Moon by now, but I am still very optimistic about the future.

After some true introspection, I realized that my disappointment was unfair towards the technology, because the technology is still solid and legit. Speculators came to this scene and clouded my judgement by pushing the price into a stupid bubble. Angry

We just have to take it on the chin and work through the correction phase now. Tongue

xbossJ

jr. member

Activity: 278

Merit: 5

Invest and play

It only gets worse before it gets better! This October drop looks familiar!! Feels like October 2017 second to the last drop before the market began its massive Bull that has become the one everyone is wishing to see! I believe the would be a bull! But how intense it will be, how high it will go is what I can't really tell! But this Drop looks very familiar and similar to last October's

Kemarit

legendary

Activity: 3080

Merit: 1353

We have seen this is the last months or so there's no surprises here. I wouldn't say it normal, but I guess no one is bothered. On the bright side, people are taking advantage of this kind of small dip, to accumulate more bitcoins. But for those not familiar on how the market moves today, its a bit annoying but I do hope that they will learn their lessons and not just push the sell button.

nagobinga

full member

Activity: 476

Merit: 100

This decline can begin with a simple one so that people to invest in it are not enough and are worried that prices will drop dramatically that is not according to plan.

willramis

newbie

Activity: 47

Merit: 0

Its being quite while since i started understanding bitcoin price behavior on the market. Bitcoin is very dependable on th news and cash pumps, technical indicators do not work. We should see price mooning with new pumps from Bakkt and Nasdaq's crypto platform coming in.

RusellTim

newbie

Activity: 39

Merit: 0

TO be honest, the drop in the prices of bitcoin make me feel sad because i'm investing on bitcoin , I wil get least profit even lose all, of course.

bce

sr. member

Activity: 756

Merit: 250

for now and the current conditions my feelings are frightened, disappointed, of course, they will arise but can be muffled by my confidence and patience maybe before I start investing with cryptocurrencies I already understand and know all the risks I will get in investing with cryptocurrencies

Sevarchik

member

Activity: 420

Merit: 10

One more 10% drop of price i am waiting it on Monday, i am surpeiced why its happened yesterday.
For last half year its trend falling for 10%

pooya87

legendary

Activity: 3472

Merit: 10611

there is no "recent bitcoin drop" unless you count 10 months ago as "recent" otherwise for the past month or so price has been pretty stable without any kind of major rise or drop.

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

I know it isn't the first time so maybe it will be a good time to buy?

it depends on what you are planning to do with what you buy.
- as a day trader it is the worst time to buy because price is stable and is not going anywhere and you don't know when it will change. all you know is that whales are accumulating.
- as a long term investor, this is the best time to buy because it is after nearly a 70% drop and currently we are in an inverse-bubble and just like bubbles, inverse-bubbles are also unstable. the bubbles are good time to sell because the drop is imminent and inverse-bubbles are good time to buy because the rise is inevitable.
- as a bitcoin user who uses it as a currency for payment, there is no bad time to buy!

laurakim

newbie

Activity: 31

Merit: 0

Just think it is normal situation. bitcoin volatility is what we have to accept. the price can go up and down at any time, we also should be patient and optimistic about bitcoin and hope it can recover soon.

BagzMM

member

Activity: 378

Merit: 10

Feeling bad about the recent bitcoin drop is not unusual for everyone especially those risk takers. It is just normal for the market of bitcoin.

xfaqs01

full member

Activity: 490

Merit: 100

i felt nothing but just a normal thing, it was being predicted base on technical analyhsis that if it broke from a symetrical triangle either up or down and it really did happen, but if you traded it without the proper risk to reward ratio then youll be one of those that lost money on that day

akashark

member

Activity: 387

Merit: 12

As we expected a bull run may happen in October, by seeing this crash I don't think Crypto market will fix very soon! I am afraid, we will not see any kind of bull market this year. Bitcoin will not hit even 9K USD within December. This is the reality I am thinking now! So, I assume this not the right time to buy Bitcoin, BTC price will go more down! So, wait for another dump and then you may buy at under 6k USD.

bloodyvio

full member

Activity: 546

Merit: 102

i know the reason for crypto market down, it's because the stock market is also down
and i feel confused with the cryptocurrency market
crypto has nothing to do with the Stock market
but why when Stock market drop, crypto market also drop?

Topic: How do you honestly feel about the recent bitcoin drop? - page 8. (Read 1476 times)