Is someone worried about the recent decline of BTC? - page 3.

Fatunad

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Quote from: Botnake on June 17, 2021, 05:15:36 PM

Quote from: Henrobakkara on June 17, 2021, 05:10:32 AM

However, I believe that all these dips are also healthy for the market, investors have the opportunity to add more or enter if you are a new investor.

It's been proven healthy, we've seen this kind of dips many times and even worst from this, but look what happens next, we still see a bull run and those who panic during the dip are still coming back. Sometimes they lose investing in bitcoin because they are weak, they easily panic due to lack of knowledge, but hopefully, they'll learn from their experience so they'll not easily panic and we need that to keep the market stable.

most of these inexperience traders in the bull market fomo-in and I always believe it is to our advantage. They dont buy when we are buying, interestingly, they make good profits at the early stage but they get greedy into the bull and become bag holders to the bear market.

Depends on what they are buying but if they do buy Bitcoin then I don't see any disadvantage on your part even if you do bought on a higher price as long you do intently hold for long term then this wont really be much of an issue. People who do get usually get worried are to those who aren't that much
get involved with the market for too long.They do get still surprised on what the market is been doing in terms of price movements.
If you had been on this market for a while then these movements would turn out to be typical or just normal and nothing you can be shock off.

tabas

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Quote from: CryptoStar19 on June 22, 2021, 08:32:05 AM

I would worry if something has changed about the fundamentals of bitcoin, but this isn't the case. Everything else is news and FUD-driven and will come pass. We have seen these ups and downs time and time again.

True. Most of the news lately about bitcoin were all FUD and that made the market to be at the bottom again and reached the support. But, that's not the end of it because it had later on recovered and that's making bitcoin one of the best assets and whoever holds it shouldn't worry at all.

conected

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Quote from: virtualdn on June 22, 2021, 09:33:13 AM

If you look at the whole picture you will see that BTC will head to $100K and beyond. The trick now is to HODL and don't sell your precious BTC to the whales. Enjoy the ride, good times ahead, the rain will pass!

- Well, all flight starts with bitcoin, its destination is very far and on the way we travel, the sky may be covered with light and there are no obstacles but sometimes a few dark clouds can also interfere with the feeling we are enjoying, and the problem here is that the destination of the journey is still the same, the dark clouds only cause a momentary delay and panic, if we jump out of the plane in this situation, it will only cause death. While trusting the Bitcoin pilot, his credibility and technique will take you to safety

virtualdn

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If you look at the whole picture you will see that BTC will head to $100K and beyond. The trick now is to HODL and don't sell your precious BTC to the whales. Enjoy the ride, good times ahead, the rain will pass!

Sweminer777

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the ones worrying are the ones following the hype, they despite making own researsch and keeping them self update, rather they follow some dude from media and relie on the words of this enterprise representats.

btc is still strong and will be stronger.

CryptoStar19

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I would worry if something has changed about the fundamentals of bitcoin, but this isn't the case. Everything else is news and FUD-driven and will come pass. We have seen these ups and downs time and time again.

bekti3

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don't be a day trader who every day pays attention to continuous increases and decreases you just do what you have to do and be sure that whatever happens bitcoin will return to normal and there is no doubt about that.
even if you become a trader, just take advantage of things like this because it is a bonus for you in adding to the assets you have and don't worry too much about the current decline, just enjoy the flow

tiCeR

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Quote from: AicecreaME on June 18, 2021, 09:15:22 AM

Quote from: YanBitMoney on May 11, 2021, 03:58:37 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

Based on the recent trend of bitcoin, I think there's no reason to be worried about because it is the usual price value due to volatility. I am not bothered by the whales playing around the market now because it is actually an advantage at some point. Because of the price drop, we can buy the coins that showcase potential at a lower value. We can allot a larger investment that could gain larger profit over time.

You see, during the lowest of low positions of bitcoin, we can find some silver linings by looking at the bright side. Stock some valuable coins. Buy the dip and sell it high. Of course also know your risk limitations so that you won't lose all that you got.

It is also a question of anyone's point of view, of the individual situation. If you are not reasonably wealthy, the swings of Bitcoin - or put differently - the downswings of Bitcoin do hurt quite a lot. If you don't need the money tomorrow or in a month and you are well informed about the trends in the industry and how the ecosystem is evolving all over the world, you aren't that concerned about Bitcoin's moods! Wink

AicecreaME

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Quote from: YanBitMoney on May 11, 2021, 03:58:37 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

Based on the recent trend of bitcoin, I think there's no reason to be worried about because it is the usual price value due to volatility. I am not bothered by the whales playing around the market now because it is actually an advantage at some point. Because of the price drop, we can buy the coins that showcase potential at a lower value. We can allot a larger investment that could gain larger profit over time.

You see, during the lowest of low positions of bitcoin, we can find some silver linings by looking at the bright side. Stock some valuable coins. Buy the dip and sell it high. Of course also know your risk limitations so that you won't lose all that you got.

Amejoaquim

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Honestly, I'm not worried at all about this drop.

because I believe in bitcoin and the usefulness of bitcoin will have a huge impact in the years to come.

And about investing perspective, i invested in btc for long term so i'm not worry when the price drop in these few months.

tiCeR

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Quote from: Ryker1 on June 17, 2021, 05:45:52 PM

Quote from: Botnake on June 17, 2021, 05:15:36 PM

Quote from: Henrobakkara on June 17, 2021, 05:10:32 AM

However, I believe that all these dips are also healthy for the market, investors have the opportunity to add more or enter if you are a new investor.

It's been proven healthy, we've seen this kind of dips many times and even worst from this, but look what happens next, we still see a bull run and those who panic during the dip are still coming back. Sometimes they lose investing in bitcoin because they are weak, they easily panic due to lack of knowledge, but hopefully, they'll learn from their experience so they'll not easily panic and we need that to keep the market stable.

Well, perhaps the most common scenario is this, --people have to make a decision to quit when they were experienced a small correction, but when the price will go up, it is hard for them to come back because of the price. But if that is not lost yet, there will perhaps someone who kills you both.
On my self, I did not bother myself to anyone, I am free of making my own decisions either I sell or hold them for a while. Bitcoin will always have a halving and after that, there could be an error.

Correct but as with all assets the danger is that nobody knows who really holds the majority of Bitcoin. It could be any person or any entity, a government we don't like or a consortium of banks etc. We through holding strengthen authoritarian governments because they gobbled up all the cheap Bitcoin from years ago. It is an interesting question to ask I think.

Ryker1

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Quote from: Botnake on June 17, 2021, 05:15:36 PM

Quote from: Henrobakkara on June 17, 2021, 05:10:32 AM

However, I believe that all these dips are also healthy for the market, investors have the opportunity to add more or enter if you are a new investor.

It's been proven healthy, we've seen this kind of dips many times and even worst from this, but look what happens next, we still see a bull run and those who panic during the dip are still coming back. Sometimes they lose investing in bitcoin because they are weak, they easily panic due to lack of knowledge, but hopefully, they'll learn from their experience so they'll not easily panic and we need that to keep the market stable.

Well, perhaps the most common scenario is this, --people have to make a decision to quit when they were experienced a small correction, but when the price will go up, it is hard for them to come back because of the price. But if that is not lost yet, there will perhaps someone who kills you both.
On my self, I did not bother myself to anyone, I am free of making my own decisions either I sell or hold them for a while. Bitcoin will always have a halving and after that, there could be an error.

Botnake

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Quote from: Henrobakkara on June 17, 2021, 05:10:32 AM

However, I believe that all these dips are also healthy for the market, investors have the opportunity to add more or enter if you are a new investor.

It's been proven healthy, we've seen this kind of dips many times and even worst from this, but look what happens next, we still see a bull run and those who panic during the dip are still coming back. Sometimes they lose investing in bitcoin because they are weak, they easily panic due to lack of knowledge, but hopefully, they'll learn from their experience so they'll not easily panic and we need that to keep the market stable.

Henrobakkara

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Recently Bitcoin and others cryptocurrencies market crashed due to the Elon musk and China government ban Bitcoin mining announcement. But I think it would be good again in near future. If you want to invest in Bitcoin then you can invest in Bitcoin. Because it's an another chance to invest.

Was it really because Elon musk tweeted and China made that statement again that really tanked Bitcoin and other cryptocurrency prices? If you looked at the chat properly you would have noticed that the market would have corrected anyways because we were already at over bought level but we can still say Elon's tweet and China announcement further help to accelerate the dip.
However, I believe that all these dips are also healthy for the market, investors have the opportunity to add more or enter if you are a new investor.

Questat

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Quote from: adzino on June 16, 2021, 12:32:01 PM

Quote from: marilynmanson21 on June 16, 2021, 08:16:31 AM

I was worried because a lot of public opinion said BTC would return to 30k $ . but I believe and believe that after red will rise green, and the fact that 2 days ago BTC returned to 40k $ there is a possibility that BTC will return to 60k $ in the future

It did drop to $30,000 USD. Those who invested when it dipped that low, are already enjoying their profit. There is nothing to worry about. It's very normal. I wouldn't be surprised at all if the dip happens again. Bitcoin went back up again after a series of events that was favorable to bitcoin. Elon announcing that Tesla will accept bitcoin again in the future and El Salvador making bitcoin a legal tender is what has probably driven the price upwards. People are also expecting other countries to do the same. So we might actually see the price return to $50,000 USD if further events take place.

It's normal for those newbies or those who don't have the experience to worry about what happens with the market when the market is bullish, we will see a FOMO, if it's bearish we will see a lot of FUD, it's not new, that thas been the trend for many years and yet bitcoin still survive and grow.

That's why it's very important to be knowledgeable before you invest in the market, that would make you confident regardless of the price movement.

Issa56

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From the little experience am having the only people I believe they should panic about bitcoin dump are the newbies which are still new in the crypto space and have not hard this kind of experience before but if you are not a newbie I don't think Bitcoin dump is something that's new so everybody knows that after the dump bitcoin will still definetly pump again. So if you are holding bitcoin or other altcoins I believe you should not panic and sell just hold it because very soon bitcoin is going to pump back hard and if you sell now you already sell at lost which is very bad.

adzino

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Quote from: marilynmanson21 on June 16, 2021, 08:16:31 AM

I was worried because a lot of public opinion said BTC would return to 30k $ . but I believe and believe that after red will rise green, and the fact that 2 days ago BTC returned to 40k $ there is a possibility that BTC will return to 60k $ in the future

It did drop to $30,000 USD. Those who invested when it dipped that low, are already enjoying their profit. There is nothing to worry about. It's very normal. I wouldn't be surprised at all if the dip happens again. Bitcoin went back up again after a series of events that was favorable to bitcoin. Elon announcing that Tesla will accept bitcoin again in the future and El Salvador making bitcoin a legal tender is what has probably driven the price upwards. People are also expecting other countries to do the same. So we might actually see the price return to $50,000 USD if further events take place.

k@suy

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Quote from: Xinarae* on May 27, 2021, 11:39:16 PM

There is nothing to worry about bitcoin if the market is not stable in one place and its price goes down it will go up again. The bitcoin market will not go down too much although it has been going down a bit recently the price is going up again the price of ethereum currency is rising with the rise of bitcoin elon musk an influential supporter of bitcoin recently said that the prices of the top cryptocurrencies bitcoin and ethereum are likely to be much higher. He commented that tesla has invested 1.5 billion in bitcoin.

I believe that there is nothing to worry about the market price of bitcoin because even after the dumped of the market price last month it is now recovering again. I know bitcoin market is now far different than the market it was way back 3 years ago because of the big and new investors we have right now in the crypto space. I mean that the market of bitcoin is currently rising exponentially compared to the last ATH of bitcoin.

Kittygalore

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Quote from: marilynmanson21 on June 16, 2021, 08:16:31 AM

I was worried because a lot of public opinion said BTC would return to 30k $ . but I believe and believe that after red will rise green, and the fact that 2 days ago BTC returned to 40k $ there is a possibility that BTC will return to 60k $ in the future

Don't just base your worry on the public opinion although don't completely ignore, check your risk tolerance and if you aren't confident in your ability then probably you might not want to hold on too long and sell it when you feel like going down so you won't have to worry too much about it.

marilynmanson21

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I was worried because a lot of public opinion said BTC would return to 30k $ . but I believe and believe that after red will rise green, and the fact that 2 days ago BTC returned to 40k $ there is a possibility that BTC will return to 60k $ in the future

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