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 really felt sad when bitcoin price dropped. To be honest I didnt expect it when it pump so high last year but still it happened. Anyway, even I felt sad that time I dont lose hope on it, I keep holding it and I never do panic selling. Because I believe that panic selling was not the solution instesd it may cause to your loss of your money. It took so long but I still believe that it will increase again and recover. 
Topic: How do you honestly feel about the recent bitcoin drop? - page 9. (Read 1476 times)
This has been a successive bearish market for btc and definitely may contnue but will no longer below the $5.5k level as I believe this may bounce back witbin a couple of days. The crucial months which is November and December is fast approaching wherein the expected bullish run might be within these months. Moreover, this is the right time in buying btc and holding as well.
This drop doesnt means evrything is finished or the market is going to be collapsed. Last year we were seeing same on the market and I think it is normal to me now. In no time I think the increase will start to come.
please pardon my manners, but this forum and the crypto space does not need participants like you, i think investors like you are the cause of panic and dumping, now back to your question, about how i feel about the recent bitcoin drop, i feel this is the right time to buy and hodl more bitcoin, and that is what i did, bought bitcoin in mass, knowing fully well that the price will surely reach 10k by december.
The digital coin has reached its fair price and is awaiting a new impulse. So, for example, a powerful impetus for cryptoindustry could be the use of electronic money in retail.
Bitcoin has drop on the market and I don't really feel bad about it because looking at other commodities I think they are all decreasing in price so I think its not only BTC and it will surely recover.
I know it isn't the first time so maybe it will be a good time to buy?
the right time to buy bitcoin is when the price is down but it needs to be remembered, don't just buy it, try to do the analysis, usually the price of bitcoin drops because there are certain factors that affect it, but I'm sure the next few days bitcoin will recover its price soon , although in the last few hours bitcoin has experienced a severe price decline 
The general consensus with the seasoned members of the forum is that
they are not worried about the slip in the markets.
The general consensus with the newer members to bitcoin and crypto is
Fear, Uncertainty and Doubt.
The long term outlook is good there will be further rises followed by falls
followed by more falls and more rises. The newbies need to listen to the
ones with experience.
they are not worried about the slip in the markets.
The general consensus with the newer members to bitcoin and crypto is
Fear, Uncertainty and Doubt.
The long term outlook is good there will be further rises followed by falls
followed by more falls and more rises. The newbies need to listen to the
ones with experience.
lol, wake me up when a real drop happens. This is nothing, its just another day in crypto. Hold strong brothers and wait for the next bull run, it will be soon!
I trust Bitcoin will recover and now it's a goot time to accumulate more. I don't spend my crypto, I just stack them. I accept bitcoin and other few other altcoin as forms of payment. Its a long game. I try not to get bogged down in the fluctuation in the market. Not trying to get rich quick with crypto.
This recent drop isn't any surprise in Crypto world. We are used to see drops like that and it's already normal for most people here. But surely, for me it's not good to see BTC price falling, I would like to see it increasing and getting stronger to close the year with good results, so we could start the next year with positive news, increasing the morale of investors in general and potential investors that didn't invest yet.
It was a very small drop, relatively much smaller than the ones on September 5 and 6 and not much larger than September 17. Things like this happen very often, usually at least once a month. You will see a drop in November and you will see one in December, regardless of the market trend. You can find similar monthly drops in a bull market. Want examples? December 8 and 9 2017, November 10-12 2017.
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?
As far as my knowedge, every cryptocurrency has both ends, the bright and dark end.
Whenever a coin goes down to its extreme level, it has no option other than to rise from that point and sane happening with Bitcoin.
This is really opportunity for you to store as much as you can, because we shall soon see the price going up
It just felt normal, actually. Also, it's not really a steep drop but rather a mild and normal one that happens every now and then. Considering that I have my coins for the long term, it doesn't bother me whenever there are negative price changes. If the wallet permits, I buy during these dips and try to get a lower average on my holdings so as to get the maximum leverage when the run starts. While my coins are sitting idly, I'm trying to get as much cash as I can to buy more and more coins in the side for holding.
come on ... the world is like a wheel. we rely on our patience if we want to succeed
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 want me to answer honestly?Well i am happy about the fall and expcting more even because if value drops upto $5,000 my campaign Yobit will finally release our payments l,because from that value they considered paying campaign participants lol
But kidding aside ,I believe that we still haven’t reached the bottom and thats what were waiting before the bullrun happens
I think it is great, and I'm hoping it will slip even further. I want to buy some more to add to my wallets.
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.
OP.. I also didn't have much in BTC so it wasn't a big effect for me. but I saw lots of other crypto people getting panic and started dumping.
I wouldn't give this kind of advice to people. Buying bitcoin right now is very risky, I would better wait and confirm the trend reversal rather than losing in value. Because it can not only raise to $6500 but also go to 5800 and later even lower.
it's true that bitcoin price was dropped and still low compared to the highest rate. but if someone can hold them for a long time then the current volatility shouldn't be an issue for him. because eventually, bitcoin price will increase.
it's correct . This is not the first time that bitcoin prices have dropped sharply and this is a good time to buy more bitcoins. I find that the growth rate of bitcoin is very good. The current value of the bitcoin is only $ 6280 but tomorrow it could rise to $ 6500. This is good for you to make short term investments to generate quick profits.
I wouldn't give this kind of advice to people. Buying bitcoin right now is very risky, I would better wait and confirm the trend reversal rather than losing in value. Because it can not only raise to $6500 but also go to 5800 and later even lower.
it's true that bitcoin price was dropped and still low compared to the highest rate. but if someone can hold them for a long time then the current volatility shouldn't be an issue for him. because eventually, bitcoin price will increase.
it's correct . This is not the first time that bitcoin prices have dropped sharply and this is a good time to buy more bitcoins. I find that the growth rate of bitcoin is very good. The current value of the bitcoin is only $ 6280 but tomorrow it could rise to $ 6500. This is good for you to make short term investments to generate quick profits.
I wouldn't give this kind of advice to people. Buying bitcoin right now is very risky, I would better wait and confirm the trend reversal rather than losing in value. Because it can not only raise to $6500 but also go to 5800 and later even lower.
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