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Topic: How do you interpret the fluctuation of Bitcoin price ? - page 4. (Read 503 times)

legendary
Activity: 2254
Merit: 1052
Leading Crypto Sports Betting & Casino Platform
It's a good time to buy more bitcoin I suppose, I mean if I have plans of buying bitcoin at the moment, now is a good time to buy.

Those who are following the news knows why the entire market is bleeding, not just bitcoin, so it's not entirely a new thing, sooner than we expect, bitcoin is gonna be back above $25k and above, so, there is absolutely no panic for those already understand this market.
hero member
Activity: 1428
Merit: 931
🇺🇦 Glory to Ukraine!
When it comes to Bitcoin price fluctuation, I totally get where you're coming from. But, Bitcoin still seems to be a pretty safe bet, especially if you consider the recent bear market. As for investing, that's always a tough call, right? I mean, there's no telling what could happen tomorrow! Bitcoin is known for its volatility, and let's be real, investing is always a gamble. But hey, sometimes taking risks pays off big time!

Personally, I'm not too worried about it. These things tend to happen, right?
sr. member
Activity: 854
Merit: 262
Eloncoin.org - Mars, here we come!

Bitcoin price has dropped below $20k from the recent high of $25k in mid February. Personally I have no problem with this fluctuation because compared to altcoins and taking the bear market into consideration, Bitcoin is still reliable and the volatility is pretty reasonable. For new potential investors, is this still a good time to invest in Bitcoin ? What do you think of the recent drop of Bitcoin price ? Please share your views.
We need to be patient as an investor and we don't need to be following the market back to back when we are not yet a trader. Bitcoin is a volatile asset and we should be ready for anything that would happen whether is it good or against our wish. Bitcoin was able to reach $25k late February and now it is back to $19k making our to be skeptical and thinking whether we should buy or not. As a Bitcoin holder or any cryptocurrency we need to be ready for the swinging of the market price which also include new projects that is entering into the market.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!

Bitcoin price has dropped below $20k from the recent high of $25k in mid February. Personally I have no problem with this fluctuation because compared to altcoins and taking the bear market into consideration, Bitcoin is still reliable and the volatility is pretty reasonable. For new potential investors, is this still a good time to invest in Bitcoin ? What do you think of the recent drop of Bitcoin price ? Please share your views.
There is not much to interpret since this is simply how bitcoin moves, there were some users predicting we could see another important growth during this month, but such a thing would have brought the price close to 30k, and with the halving so far away it seemed as if it was too soon for such a price to be reached, so a drop on the price makes sense, however what is surprising about the current movement is that during some minutes the 20k floor was broken, which I personally thought we have left behind for good already.
sr. member
Activity: 1428
Merit: 344
What do you think of the recent drop of Bitcoin price ? Please share your views.
It is expected and the recent drop is not the worse that bitcoin investors have experienced. The recent drop can be discouraging for new Investors who just purchased bitcoins this year and were expecting that the days of bitcoin dropping in price ended with last year, and that this year was just going to be a steady climb. A drop in the price of bitcoin always brings you back to the reality that it can happen. To avoid panicking that can lead to you deciding to sell the bitcoins you have, get used to the feeling so you do not make emotional decisions.
sr. member
Activity: 1428
Merit: 326
Eloncoin.org - Mars, here we come!
Ups and downs are a realistic portion of crypto market so we should not worries about it. If bitcoin price drops so it's also beneficial because lots of people are in desires to make investment in Bitcoin so this is the best chance for them to make investment.

In my opinion if bitcoin drops even more than this, bitcoin will always be the foremost option for investors. According to the market experts the cost of coins is greatly concerned with information about coins some people spread wrong information so therefore the price downs and it spreading of good information initiate then the price ups.
newbie
Activity: 9
Merit: 0
I believe from my 11 years experience, that we will bottom somewhere around $8K after the CBDC and Western Hemisphere Vendetta begins and smashes the idiots out of the space. Then we true hodlers can enrich ourselves still further. It's so long since I posted many many years ..... these times are bringing the true spirit back again. Hodl On! (p.s. be careful as we may go much lower than that - it's a wonderful opportunity for those who missed the foundation years)
hero member
Activity: 700
Merit: 523
Leading Crypto Sports Betting & Casino Platform

Bitcoin price has dropped below $20k from the recent high of $25k in mid February. Personally I have no problem with this fluctuation because compared to altcoins and taking the bear market into consideration, Bitcoin is still reliable and the volatility is pretty reasonable. For new potential investors, is this still a good time to invest in Bitcoin ? What do you think of the recent drop of Bitcoin price ? Please share your views.
Bitcoin price has always been affected by Fud from the collapse of exchanges or financial institutions due to the wrong understanding that bitcoin is different from other crptocurrency. The altcoins will drain down and some might can crash because bitcoin price is what these altcoins depends on for their rise and fall.

I see the present price of bitcoin as an advantage to accumulate more coins and make sure you planned to hold for long,to enable you make profit from it. At every dump or pump of bitcoin price,it is an opportunity to exploit the crypto market. I wouldn't be surprise if the price dumps below this.
hero member
Activity: 1330
Merit: 687
Arts & Crypto

Bitcoin price has dropped below $20k from the recent high of $25k in mid February. Personally I have no problem with this fluctuation because compared to altcoins and taking the bear market into consideration, Bitcoin is still reliable and the volatility is pretty reasonable. For new potential investors, is this still a good time to invest in Bitcoin ? What do you think of the recent drop of Bitcoin price ? Please share your views.

The price correction occurred as it seeks to test the support level. According to my technical analysis, this level is about 17-18 thousand dollars. After that, most likely there will be a U-turn and a flight to at least 30 thousand. But there is also a small chance that the price will go lower, but its dont will continue for a long time...
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
“I just got fluctuated out of twenty-five hundred dollars.”
-Jerry Seinfeld

The market’s purpose is almost exclusively to take your money. It is a machine that works against emotions to get people to take losses and invest at high prices. It is best to avoid the fluctuations, create a long-term plan, and stick with it.
newbie
Activity: 72
Merit: 0
It's reflection of its inherent value
hero member
Activity: 812
Merit: 560
What do you think of the recent drop of Bitcoin price ? Please share your views.

Know this and get satisfied, bitcoin will always and forever be volatile, there's nothing like fluctuations because the volatility is what some rely on for their own profitability, know this that at every point of bitcoin price, people buy and sell, sonwe can't have a fix in it price when the power behind the demand and supply equilibrium balance the equation in setting a new bitcoin price which is the outcome of what we see as a dip or bull concerning bitcoin price.
Ucy
sr. member
Activity: 2576
Merit: 401
Bitcoin has been made to work against people who don't really understand or care about it but want to gain unfairly from it. If you care about it and believe it will be worth 30,000 tommorow, others could begin to say thesame thing making things look like they are the ones making the 30,000 prediction. If it gets to that price they will take the credit that belongs to another and probably make huge amount of money from it. This is the issue those who care currently face. You just need to find a way to get around this... If you say rain will fall Sat by 2pm and people start saying thesame thing, how do you make sure it rains exactly that time without copycats taking the credit? You make sure it fails to fall tommorow by 2pm to decredit the copycats and get it to fall another Saturday 2pm. Problem solved.

member
Activity: 175
Merit: 10
It's a temporary down, so i think it's the best time to buy bitcoin if anyone want to keep it for a long time and no matter the price if you want to keep because you are the winner in any condition
legendary
Activity: 2422
Merit: 1036
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Price drops = opportunity
Price goes up = opportunity as well.

If the price of Bitcoin drops, it's the perfect time to buy some Bitcoins. I mean instead of you panicking out there because your investment had a paper loss, why not add more especially when the coin that you want to buy is Bitcoin. Instead of selling your holdings because of what you're seeing, do the opposite, and buy more Bitcoin. Most of the time, contrarians always win because they are always against the herd. They are against what most people are doing. They're doing the opposite of what most investors are doing. Now if price goes up, it's also an opportunity as well as we can sell our holdings and take some profits.

Fluctuation = opportunity depending on where it will go. Whether it's upward or downward, fluctuation is always an opportunity.

For new potential investors, is this still a good time to invest in Bitcoin ? What do you think of the recent drop of Bitcoin price ? Please share your views.
Yes it is though I'm not 100% sure if Bitcoin will go up after this drop "again".
What do I think about recent price drop of Bitcoin? It's an opportunity. Take the opportunity, and buy Bitcoin.
legendary
Activity: 1176
Merit: 1005
crunck

 What do you think of the recent drop of Bitcoin price ? Please share your views.

We keep looking for the reason why bitcoin is falling but forget that we are still in bear season, which means bitcoin can be dumped at any time, even without any negative news. Bitcoin price drop is an opportunity for everyone, but those who are afraid should sell and leave the market, giving the opportunity to others. I don't want to give advice to anyone because this is a financial market, and you can't expect everyone to win.
hero member
Activity: 2912
Merit: 556
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We have now seen another drop in bitcoin and many people didn't even think it could go below $20k. For new potential investors, this moment is the right moment to invest in bitcoin because they can buy at a low price even though the price can drop deeper later. At the very least, those who can afford to buy at this price can get a feel for buying at a low price and hold onto it until the price goes up. And the increase in bitcoin prices is predicted to exceed $ 70k so if they can buy at the current price, they can get big profits depending on how many bitcoins they have. We are now at the end of the week, usually marked by a correction. Hopefully, this correction will not continue or the price can stabilize at the current price. Hopefully, the price doesn't drop any further.
hero member
Activity: 2632
Merit: 649
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Bitcoin price has dropped below $20k from the recent high of $25k in mid February. Personally I have no problem with this fluctuation because compared to altcoins and taking the bear market into consideration, Bitcoin is still reliable and the volatility is pretty reasonable. For new potential investors, is this still a good time to invest in Bitcoin ? What do you think of the recent drop of Bitcoin price ? Please share your views.
This situation is not new and many have already witnessed similar events more than once.Everyone who was ready for such a scenario did not have any problems as their portfolio was prepared.Once again I am convinced that it is impossible to keep everything in one asset.For those who sat in bitcoin and did nothing,it will be a lesson and in the future they will not repeat such mistakes.
jr. member
Activity: 57
Merit: 1
I would say that fluctuations in the price of Bitcoin are normal and should be viewed with a long-term perspective. Cryptocurrencies are at the beginning of a new technological revolution and could potentially play an important role in the world economy in the future. However, as cryptocurrencies are still an immature industry, their prices can be uncertain.

Therefore, when investing in cryptocurrencies, it is important to ignore short-term fluctuations and build a long-term investment strategy. Investors should understand the potential and risks of cryptocurrencies and build an investment strategy accordingly. Furthermore, investors can use risk management tools such as portfolio diversification and stop-loss strategies to manage their risks.
legendary
Activity: 1624
Merit: 2594
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I personally believe that despite the recent drop in Bitcoin price below $20k from its mid-February high of $25k, it's still a reliable investment compared to altcoins. The volatility is reasonable and it's just a fluctuation that happens in the market, and experienced investors tend to buy during market crashes like these, knowing that it can give them huge profits in the midterm and long term. However, it's always important to be prepared for FUD in the market. The recent dip in the Bitcoin price is due to the shit show happening behind the DeFi sector of crypto. Even though Bitcoin shouldn't be affected by this recent bad news, weak-handed investors tend to panic on every news that is only remotely related to Bitcoin, causing the market to dump.
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