Is someone worried about the recent decline of BTC?

Twinscoin2017

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Quote from: YanBitMoney on May 11, 2021, 02:58:37 AM

Is someone worried about the recent decline of BTC? Don't worry, and it won't lose BTC's momentum in the future. A new report from Whalemap shows the largest cluster of whale coins in the range is 120,000 BTC at $ 58,000. As such, the lowest price can drop now at $ 52,000

$ 52,000 “Should Be BTC Floor.”
https://medium.com/snapbots-news/snapbots-news-review-bitcoin-drops-but-bull-run-wont-end-9090f739a6f3

No need to worry price is normal it will rise and fall and we only need patience, from the beginning crypto price is high on volatility and anytime price may change the person who are worry is the person who are new in crypto there are a lot of beginner that always get worried when the price fall.

iram3130

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If we see the declined number of traffic to exchange sites around the world, we can clearly see the fear of people and common negativity spread by governments like China. I don't think the long-term believer will be shaken by this.

Although there is no much hope with Paraguay's crypto bill, am definitely hoping for a better future for Bitcoin in the coming months.

swiftbits

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We are still on a bearish trend; many new investors lose half of the value of their investments, there is no doubt that most of them are worried about it. It's better to hold it than sell it for losses. Some forecasts said that the bearish market would stay until the end of the year. This is a great time to buy more for a lower price.

ropyu1978

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if a weak hand must be very worried about the decline in bitcoin prices lately, but for some people who have played in bitcoin for a long time, and already know about the ins and outs of bitcoin, I think they don't feel afraid and worried anymore, about the decline in bitcoin prices now, true as you said, if we can overcome situations like this, in the long term we will benefit, keep being patient, because after darkness will surely rise light..

KaliLinux

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Quote from: fuguebtc on July 07, 2021, 08:52:49 AM

Bitcoin is a long-term investment, so don't worry too much about the price of bitcoin in the short term.
There is nothing to worry about the decline of btc. If you hold and don't panic sell.Bitcoin will recover and holders will have the desired profit range.

True that and I believe that people that complain most about Bitcoin price dropping are those that are mostly looking at the short term gains. If you don't enter the market at the right time and wants to invest in Bitcoin, you most definitely have to think long term investment since most people bought in while the market was already almost at the top and now have to wait but if you look at the general trend of Bitcoin from way back, you will realise that Bitcoin is basically bullish. After every correction no matter how long it takes to correct, it does see another new ATH and I believe this too will be the same.

Obito

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Quote from: Rajamuda on July 09, 2021, 08:44:58 PM

There must be some concern for certain people, especially people who are still unfamiliar with bitcoin who are still very easily influenced by various issues to cause excessive worries and think about risks.
As long as bitcoin itself is still in demand by many people and investors.. of course, fluctuating price movements will bring it to a higher direction, and not only that.. there are still things that can support price movements with various information that helps bitcoin's popularity to date.

That's probably people post-2018 market because they haven't seen a really big decline that lasts for a really long time and FUDs were much rampant back then because a lot of the people thought that the collapse is going to happen. These people will eventually learn and hopefully they wouldn't have to get an expensive lesson this time.

Rajamuda

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There must be some concern for certain people, especially people who are still unfamiliar with bitcoin who are still very easily influenced by various issues to cause excessive worries and think about risks.
As long as bitcoin itself is still in demand by many people and investors.. of course, fluctuating price movements will bring it to a higher direction, and not only that.. there are still things that can support price movements with various information that helps bitcoin's popularity to date.

carrigan

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Quote from: fuguebtc on July 07, 2021, 08:52:49 AM

Bitcoin is a long-term investment, so don't worry too much about the price of bitcoin in the short term.

Not all people buy Bitcoin for a long-term investment, some for daily/weekly trading or for short-term holding. These people must be worried if Bitcoin price is decreasing constantly. They must think to take profits after several days or weeks but every checking the Bitcoin price in the market, it looks worse. I can understand their feeling because I was also a daily/weekly trader. Usually, I have a target to sell my coins in several days or weeks.

blockman

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Quote from: TOM Bb on July 08, 2021, 09:22:58 PM

If you need money sure you will worry about Bitcoin price discussion . If the price get down I dont think you can be patient .

That is why when you invest in bitcoin, make sure that the money you'll invest is the money you afford to lose and is not for immediate use. You need to be patient when you invest in bitcoin and such declines are normal to be seen everywhere the whole year round. The most impatient investors would cry out with their losses but it's them that did that decision to sell at loss.

Quote from: ARTURVH on July 08, 2021, 09:05:53 PM

We believe that BTC can reach $1 million in the long run. But short-term ups and downs will naturally cause concern. After all, we have to live.

This is one of the most hopeful prices that we're waiting for and hoping that by the time bitcoin reaches $1M we still got at least 1 or any of those decimals that shall give us a good amount of profit. The most patient bitcoin holders will always be the one that will be rewarded with greater amount.

randegibran

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almost everyone knows.that btc is a long-term investment and things.like that have often happened to btc as happened before which also dropped.significantly.and sometimes without us knowing the price increased.so rapidly.that we no longer wonder what's happening with btc right now because I'm.very sure it will recover.soon as it used to be

SacriFries11

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If you are a newbie and you do not know a lot of information regarding bitcoin. Those who are smaller investor who bought higher price of bitcoin. They are worried because of the value of their fiat currency and they do not know when the price will go up or will go down. Those who do not know the risks they are going to experience in investing in bitcoin. Those that are only influenced by their peers.

TOM Bb

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If you need money sure you will worry about Bitcoin price discussion . If the price get down I dont think you can be patient .

ARTURVH

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We believe that BTC can reach $1 million in the long run. But short-term ups and downs will naturally cause concern. After all, we have to live.

Robinson66

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Since I started to contact Bitcoin, I have never worried that Bitcoin will fall. Looking back on the history of Bitcoin, Bitcoin has basically returned to zero several times, but it has survived. It has slowly grown to the present, from the time when Bitcoin was sent to the present. It has been ten years, and there is nothing that can stop Bitcoin, and now there are countries that have set Bitcoin as legal tender. I am very optimistic about the future development of Bitcoin.

Fatunad

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Quote from: ?? on ??

As long as the price of bitcoin has not fallen to $1K, there is no reason to worry.

Why not make it $1? on where some people do speculate on.. Getting worried is normal specially when you do see your investment is going down but others do see the different way
which they are seeing these drops as opportunities to buy cheaper coins which is actually true if you do look on bigger picture. When you do step in into this investment then you should
really know on what are the risk accompanied on so that you wont get shocked whenever this thing happens and instead of freaking out then you would be rather
be buying because you know that it would just recover.

Fredomago

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Quote from: Felimon on July 07, 2021, 09:35:57 AM

In my opinion, the market ups and downs are normal after many years in the market, fluctuations are inevitable, so if anyone has a cool and calm head, they should be patient. The key to winning in this market is emotionlessness.

Patience plays a big role into this business, if you have a lots of it, the chance of bringing better results is far high than those
traders who keeps fearing the market, they are prone making mistakes each time they experienced downfall.

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Why do I say that because I used to be in a pretty bad mood every time the price of BTC dropped and then it couldn't be better than my hard work and patience was rewarded with a huge profit.

If you managed to improved dealing with this kind of situation, expect to recieved good compensations in the long run.

Quote

My contributing advice is that you guys stay calm and patient in this market.

Do your research and for sure you'll going to learn and understand the value of calming down and wait patiently for your success.

randegibran

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although currently bitcoin is experiencing a significant decline which makes us start to be pessimistic about bitcoin, but this will recover soon and the price will return to stability and increase as before, which is what investors expect, we only hope that the price will stabilize , with the current decline in btc hopefully we don't lose momentum when the price rises again

Felimon

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In my opinion, the market ups and downs are normal after many years in the market, fluctuations are inevitable, so if anyone has a cool and calm head, they should be patient. The key to winning in this market is emotionlessness. Why do I say that because I used to be in a pretty bad mood every time the price of BTC dropped and then it couldn't be better than my hard work and patience was rewarded with a huge profit. My contributing advice is that you guys stay calm and patient in this market.

fuguebtc

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Bitcoin is a long-term investment, so don't worry too much about the price of bitcoin in the short term.
There is nothing to worry about the decline of btc. If you hold and don't panic sell.Bitcoin will recover and holders will have the desired profit range.

iTradeChips

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Well, many are feeling that the BTC floor should have already been $60,000 and then there is no stopping going to $100,000 price for every Bitcoin. But of course, that is not possible yet as Bitcoin is currently in a correction period. But since the whales bought when BTC was at $58,000 then they are definitely forced to leave their Bitcoins untouched for the time being and be able to buy more coins if they still have the cash, during this correction period.

Topic: Is someone worried about the recent decline of BTC? (Read 2710 times)