Thank you for reminding me of this. By the time the bitcoin price rises, everyone is happy. But when the bitcoin price drops, everyone is confused. Instead of rising and falling prices of a good or whatever, it is a natural thing in the market. We should be able to accept and even take advantage of this situation. If we continue to complain and blame the situation, it will worsen us. So be patient, that this is not a bad thing. Even if we can take advantage of this moment, we can gain enormous profits.
That is generally the behavior of most humans, most especially when they are new to a system. A lot of people hoped bitcoin would just continue rising and growing nonstop and forget the fact that anything can happen in a market at any time, which could be a quick downtrend or some pretty fast uptrend but the most important thing is never to get greedy or join FOMOs, most especially when it is just unnecessary. If no one can have patience in this market, then they do not actually belong here. 
Topic: Is fall of bitcoin from 16k$ good for bitcoin and alt-crypto? (Read 653 times)
The price of BTC will lower the chance for more people to buy BTC again! This is fair to many people!
Let more people experience the value of BTC!
When BTC prices return to normal levels, BTC will become a hot spot again!
Let more people experience the value of BTC!
When BTC prices return to normal levels, BTC will become a hot spot again!
It is good only for the new investors that were not in time to buy Bitcoin earlier. Those ones, who are holding Bitcoins now, want to see its high rates.
We think also what would be the effect if bitcoin will continuously go higher, do you think that there will try to invest it with that amount? I think there's no one, that's why we thank you for that downtrend of bitcoin cause it gives chances for small capital investors to take part of it and the market are continuously moving. Up and down movements is very important in all investment cause that's the way gain profit.
Im also thinking about this, will other coin also increase? I dont think other coin might pump also. Since there werw different development team working in each coins. Maybe other coin will just go along with bitcoib when dumping but be left behind when pumping. Thus, tge dev really matter in all cases.
There might be effect on other coin, but there were also coin that does not depend on bitcoin..Since bitcoin is mainly used as exxhange value in the market, tgen ut would be normal for other coin to go along in the same track of bitcoin. Most of not so established coin are the one who gets easily affected by bitcoin's price.
In the cases of bull run, you should always expect the alts to bleed most of this period, but it is market, and we cannot always use history to judge, but one way or the other, it has always repeated itself. In some sense that fall of bitcoin prices from its peak levels is good to make new investors to get on board.
Yes, those who were neglecting bitcoin due to huge price levels like $15k or $20k still have understood the potential of bitcoins, must have made use of this fall as they got chances to buy more bitcoins for 1/3 cheaper prices. Same thing happened after $hitting $1200 levels in 2013. So, fluctuations gives another chances for new investors.
I wish that chance again.
Bitcoin now just 50% of 16000 !
Bitcoin now just 50% of 16000 !
Fall is always good unless one decides to make it worse by selling their investment while bearish. It allows the people to invest more or even the newcomers to invest when the market is bearish. It filters the people who do not belong to the crypto community and allows newcomers to check if they fit in. It is good for bitcoin and altcoins too as more investors purchase them, increasing their demand and growing the community and raising its value through the demand and supply factor. So fall is pretty much great for every cryptocurrency and the people connected with it.
Yeah, and the only people that makes the fall a problem for themselves, are always the weak hands in the market who panic at the slightest loss. Loss is something that no one can run away from in the short term, if your plan was to hold for long, and peradventure, such a person bought into FOMO.The best thing in such scenarios is to just buy more in the dip and make up for buying at the peak in the long run benefit as the market grows. The problem though is that a lot of people are more focused now on the short term than in the long term.
~snip~
I can guarantee you that non of the mainstream investors did not lost a dime in this market, some people might have lost some money when the market fell, there is no excuse for that because they are not good in calculating when to invest and that is their own fault.Most of the people that always end up losing in any market are the inexperienced, greedy and weak hands who will definitely let their emotions play them that using their own heads and knowledge to make decisions to benefit from the market movement or just hold for the future. It has been like this since ages in most markets, so it is not new.
Within a year and half, bitcoin value soared from ~$1000 to the staggering $16000 dollars. Everywhere around the world, bitcoin became the buzzword. After touching 16000 USD value, bitcoin value faltered considerably. Today the value stands somewhere around 8500 USD to the 9000 USD range. Many new-investors from many countries have almost lost their investment after this.
I think this price correction is good for the bitcoin and alt-crypto as well. Why? :
* Correction is way of setting up appropriate expectation. (what goes in up also come down)
* Bitcoin and crypto is not like your normal stock-market. Rather it is more volatile ans susceptible to market manipulations.
* People with heart for financial freedom will remain with bitcoin and or alt-crypto for sure. Gold diggers will vanish as soon as party is over.
* People understood the value of crypto more seriously.
Bitcoin has still more potential to be explored. Whatever happened with bitcoin will make it stronger.
What do you think whether this fall in value of bitcoin is good for it or not?
I apologize to you, but I do not want to see Bitcoin's price drop any further, at Bitcoin's current price, which will be an opportunity for new investors. But for those who buy bitcoin when the price of bitcoin is $ 16k, they will feel like they are in hellI think this price correction is good for the bitcoin and alt-crypto as well. Why? :
* Correction is way of setting up appropriate expectation. (what goes in up also come down)
* Bitcoin and crypto is not like your normal stock-market. Rather it is more volatile ans susceptible to market manipulations.
* People with heart for financial freedom will remain with bitcoin and or alt-crypto for sure. Gold diggers will vanish as soon as party is over.
* People understood the value of crypto more seriously.
Bitcoin has still more potential to be explored. Whatever happened with bitcoin will make it stronger.
What do you think whether this fall in value of bitcoin is good for it or not?
For a crypto investor who wishes to make as much money as possible in this market then prices going down would make you happy because it gives you a chance to buy as much as you can for a good price while you wait for the price to go back up again. It is a good chance to invest and that makes it a good thing to me.
As for me it is good, its good for me to buy. Because what I see to Bitcoin is a long term investment. To think also that technology is growing faster than we thought. Digital currency will play big part in the financing and Bitcoin will be part of it. It plays a big asset in the future so better not to late to be part of it. Better take advantage of it now.
BTC's price drop may be a chance for many people to buy BTC again!
I think this is the essence of the market. Market price should not remain stagnant because it will be unattractive, boring etc no profit nor gains will come in. If it moves up and down, it will take some people out and bring new people in and there are chances for new innovations, new ideas and ways which could engineer growth.
if bitcoin fall, it means the altcoin will fall too, but it can be a moment to take profit, usually good correction reaches 61% by fibbonacci, and now btc is in that area, then now is a good moment for btc investment or other coins
no pal sometimes if bitcoin fall altcoin is increasing and sometimes opposite happen which the reason why sometimes altcoin is increasing when bitcoin fall because some of the holders in bitcoin jump to alt to avoid loses when the price of btc decreasing gradually. But sometimes both decreasing also when there's a negative issues such banning and hacking etc .
Fall is always good unless one decides to make it worse by selling their investment while bearish. It allows the people to invest more or even the newcomers to invest when the market is bearish. It filters the people who do not belong to the crypto community and allows newcomers to check if they fit in. It is good for bitcoin and altcoins too as more investors purchase them, increasing their demand and growing the community and raising its value through the demand and supply factor. So fall is pretty much great for every cryptocurrency and the people connected with it.
This is not good or bad, it should be so. Each asset has a rise and fall on the chart. Without falls there will be no growth and on the contrary. The low price makes it possible to redistribute assets, weak hands to get out, strong / patient hands to go. I hope we do not fail below 6k $ otherwise this correction will be delayed for a long time. A long correction for bitcoin will not be bad, but I just do not want to wait for another long price increase.
Within a year and half, bitcoin value soared from ~$1000 to the staggering $16000 dollars. Everywhere around the world, bitcoin became the buzzword. After touching 16000 USD value, bitcoin value faltered considerably. Today the value stands somewhere around 8500 USD to the 9000 USD range. Many new-investors from many countries have almost lost their investment after this. What do you think whether this fall in value of bitcoin is good for it or not?
I can guarantee you that non of the mainstream investors did not lost a dime in this market, some people might have lost some money when the market fell, there is no excuse for that because they are not good in calculating when to invest and that is their own fault.* Bitcoin and crypto is not like your normal stock-market. Rather it is more volatile ans susceptible to market manipulations.
* People with heart for financial freedom will remain with bitcoin and or alt-crypto for sure. Gold diggers will vanish as soon as party is over.
Bitcoin has still more potential to be explored. Whatever happened with bitcoin will make it stronger.
What do you think whether this fall in value of bitcoin is good for it or not?
The market can be manipulated and there is no regulation to monitor that, even a trillion dollar stock market is manipulated and with the regulations in place if they are caught they will be fined over millions of dollars and possible jail time and that is not the case here. I can tell you this, no one is here in this market because of any novelty thing and you cannot call anyone a gold digger, everyone wants to make some profit with every investment and there is nothing wrong in it. * People with heart for financial freedom will remain with bitcoin and or alt-crypto for sure. Gold diggers will vanish as soon as party is over.
Bitcoin has still more potential to be explored. Whatever happened with bitcoin will make it stronger.
What do you think whether this fall in value of bitcoin is good for it or not?
Thank you for reminding me of this. By the time the bitcoin price rises, everyone is happy. But when the bitcoin price drops, everyone is confused. Instead of rising and falling prices of a good or whatever, it is a natural thing in the market. We should be able to accept and even take advantage of this situation. If we continue to complain and blame the situation, it will worsen us. So be patient, that this is not a bad thing. Even if we can take advantage of this moment, we can gain enormous profits.
We think also what would be the effect if bitcoin will continuously go higher, do you think that there will try to invest it with that amount? I think there's no one, that's why we thank you for that downtrend of bitcoin cause it gives chances for small capital investors to take part of it and the market are continuously moving. Up and down movements is very important in all investment cause that's the way gain profit.
Im also thinking about this, will other coin also increase? I dont think other coin might pump also. Since there werw different development team working in each coins. Maybe other coin will just go along with bitcoib when dumping but be left behind when pumping. Thus, tge dev really matter in all cases.
There might be effect on other coin, but there were also coin that does not depend on bitcoin..Since bitcoin is mainly used as exxhange value in the market, tgen ut would be normal for other coin to go along in the same track of bitcoin. Most of not so established coin are the one who gets easily affected by bitcoin's price.
Bitcoin prices falling is a part of the market movements and in a way it is good for the market. It shows that this is a market that is here to stay and not just a bubble that will burst and then that's it. This is how investors make money, by buying when the price is low and selling when the price goes back up again. So the drop in prices was definitely good for the market.
I think a slow rise in bitcoin price makes it more "credible". People who enter the bitcoin market right now are likely to be genuinely interested in investing and would not sell cheap. Most of the people who buy when they see prices skyrocketing may not even understand the whole bitcoin concept. Such people sell so easily when there are FUDs. A slow rise will keep bitcoin more stable and the experts and old investors will enjoy when prices begin to rise.
Exactly those that invested when the price was skyrocketing did so for the fear of missing out, they were not ready they knew that something like bitcoin existed but they did not have enough information about it but when they saw the price growing up they thought that if they did not invested right now they will miss the opportunity to buy bitcoin at a reasonable price forever and now we see the consequences of their actions. if bitcoin fall, it means the altcoin will fall too, but it can be a moment to take profit, usually good correction reaches 61% by fibbonacci, and now btc is in that area, then now is a good moment for btc investment or other coins
no pal sometimes if bitcoin fall altcoin is increasing and sometimes opposite happen which the reason why sometimes altcoin is increasing when bitcoin fall because some of the holders in bitcoin jump to alt to avoid loses when the price of btc decreasing gradually. But sometimes both decreasing also when there's a negative issues such banning and hacking etc . 
if bitcoin fall, it means the altcoin will fall too, but it can be a moment to take profit, usually good correction reaches 61% by fibbonacci, and now btc is in that area, then now is a good moment for btc investment or other coins
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