Is someone worried about the recent decline of BTC? - page 4.

Fredomago

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Quote from: ?? on ??

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.

Look at it as another good opportunities to buy while the price still cheap, remember the last time high if history will repeat itself and most of the time ATH is being surpass.

Once the bullish movement works back and bring the momentum up again, we can see more buying pressure and it will push the value upwards.

Do your research and make sure to sort every information that will guide you to place your investment.

Gamerholic

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The fall should obviously bother only those who bought above the level of the current price and are now thinking only about waiting for it to rise or fixing losses. I personally think that bitcoin should be regarded as a long-term investment whenever you buy it - keep it and live your life on without constantly looking back at the course and news.

Renampun

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Quote from: Vaskiy on May 27, 2021, 06:53:02 PM

I ain't worried, with the immediate recovery I worried. Myself expected massive crash in the market reaching down to $20k, so that can invest little on bitcoin. The market is had good resistance and bounced back. Right now the Bitcoin market isn't that progressive, but the ethereum market and other few altcoins are in good position.

agree the more dip = much better... Cheesy

I'm sure the Bitcoin price will bounce again, so buying it cheap will be a rare opportunity. the bear market condition is great for buying, looking at the current market conditions, many coins/tokens are potentially being sold cheaply.

Magical Bitcoin

newbie

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It is undeniable that some people will worry about the decline of BTC price, and I am not one of them.

Bitcoin is a long-term investment, I believe it may fluctuate in the short term, but BTC has been rising since it was issued.

Xinarae*

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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.

sherryDEFI

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As a scarce investment target, the probability of Bitcoin's decline is not high. Looking back over the past ten years, Bitcoin has experienced great ups and downs, but in the end it still hit a new high. After the madness, the tide will inevitably ebb, but if it declines, it may be more difficult. Coupled with the addition and deployment of traditional capital, digital currencies will gain more and more recognition in the future. With the demand for hedging and the pursuit of funds, the madness of Bitcoin will continue.

Vaskiy

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I ain't worried, with the immediate recovery I worried. Myself expected massive crash in the market reaching down to $20k, so that can invest little on bitcoin. The market is had good resistance and bounced back. Right now the Bitcoin market isn't that progressive, but the ethereum market and other few altcoins are in good position.

777Jolami

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The money is yours, you put them in this market. Of course, you have to worry about your investments.
But Bitcoin is on the right track, it had a strong breakout in the previous game with this year low of $29k but it has bounced back strongly. Before engulfing margin trade profit hunters, perhaps the whales will need to break through the resistances. sideways at 38-40k is a good signal. Fud is rampant, and I personally still think, bullish is still on the way.

Bitcoin has always been a long-term investment, it doesn't need the attention of instant noodles!

Barry Mantle

jr. member

Activity: 75

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I don’t think I’m going to worry about this issue. I think it’s only temporarily affected by some bans and certain factors. The short price drop will not last forever. When it falls below US$30,000, I might be. I'm really worried, but this is not a serious matter compared to the previous Bitcoin crash. Relax, brothers.

KeikoKitagawa18

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World Family Coin

No i'm not worry about that because it just matter of time the price will rise again and break the new ath. I've been holding this coin since 2017 and not selling untill now. My goal is up to $100k.

KevinRosa

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I admit the value of Bitcoin, but I still worry that the price of Bitcoin may fall, and this may continue
1. Excessive Free Market-Bronze Price Killer
2. Financial pressure-the silver price killer
3. As a gathering place for miners in the world, China has a large population and a huge number of employees in the currency circle. The Chinese government’s policies are very guiding-the gold medal price killer
4. Crazy mining machines-the ultimate price killer. All kinds of mining machines have become a hot commodity in the market. One price per day is very abnormal.
Of course, I am personally very optimistic about the long-term development of Bitcoin. It’s just that I don’t really see how the current deadlock is broken.

Leonnuvh

newbie

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Merit: 1

The skyrocketing rise and fall is a normal state that is a sign of speculation. If the price is fixed, then traders will not be able to make a profit, so don't pay much attention to the short-term fluctuations in the price of Bitcoin, as the price rises and falls are normal.

Tristan Bieber

jr. member

Activity: 83

Merit: 3

On the contrary, I think that Bitcoin will have a big rebound after a big crash. As for whether the rebound will be followed by a rise or a fall, I haven't made a clear judgment yet, but the general trend is that Bitcoin will remain the dominant currency in the next few years.

Kez1817

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Why we need to worry? Bitcoin is volatile and crypto market already dropped many times but it bounce back again. Only newbies without enough knowledge about bitcoin will panic about the sudden decline of bitcoin price. This time that the value of bitcoin dropped a little, it's good to buy more before it will go up again. Better to invest and buy now than to regret later when you see bitcoin sky rocket again and reach another ATH.

Twentyonepaylots

sr. member

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Bitcoin death happened at least 400 times ever sive it was created and released to the masses. Sure some of the people here in the forum may find this current price decline concerning considering the fact that the deficit is big, but we gotta remember that bitcoin had these issues for breakfast since time immemorial. I'm not saying their fear is illogical, but I'm saying it would be unwise to let this opportunity pass just because something as common as bitcoin dump has happened yet again.

just_Alice

hero member

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Not in the slightest, it's happened so many times already that people should be "immune" to such things. I really don't get where all the panic comes from, haven't we been through this, like, a dozen times? In fact, I'm waiting for the BTC to drop a little more to buy lower, it's a really good opportunity now for hodlers.
But I don't envy people that need to withdraw BTC this instant and don't have much choice. I think, in such a situation, maybe it's even better to borrow money and wait through this decline than withdraw.

Lanatsa

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Quote from: Golftech on May 26, 2021, 11:38:56 AM

Quote from: Freezingel on May 26, 2021, 11:26:21 AM

I'm also the typo who's never worried about the decline in bitcoin price? Why? because i've experienced this enough, and know that it will surely be up and down journey, nothing will go as smooth as we want. Bitcoin can stay strong if there are people who believe. That is the main point, if people started to go panic, worry, and losing trust and interest because of the price declining, then who will support bitcoin? It will only lead bitcoin into a falldown.
We need a strong trust to maintain, and even bring bitcoin price to a higher place. News shouldn't make us worried.

If only all people around here do have the same views that you have, but it isn't like that,

there are people / investors who wanted to have a quick journey trying to short bitcoin and

see if luck will permits them, once the market seems unfavorable they'll easily go and sell

with losses from their investment.

There are indeed investors who are already anticipating for possible losses that's why they do set out stop loss and once it had triggered out then they aren't tending to chase up losses.

Instead they would really be finding out possible entries on where they could place themselves on possible reversal on where they can make out profits and cover up on what they had lost earlier.

It all matters on how you do play in the market because not all would really be mindful even with just the basics.

Golftech

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Activity: 2128

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Quote from: Freezingel on May 26, 2021, 11:26:21 AM

I'm also the typo who's never worried about the decline in bitcoin price? Why? because i've experienced this enough, and know that it will surely be up and down journey, nothing will go as smooth as we want. Bitcoin can stay strong if there are people who believe. That is the main point, if people started to go panic, worry, and losing trust and interest because of the price declining, then who will support bitcoin? It will only lead bitcoin into a falldown.
We need a strong trust to maintain, and even bring bitcoin price to a higher place. News shouldn't make us worried.

If only all people around here do have the same views that you have, but it isn't like that,

there are people / investors who wanted to have a quick journey trying to short bitcoin and

see if luck will permits them, once the market seems unfavorable they'll easily go and sell

with losses from their investment.

Freezingel

sr. member

Activity: 574

Merit: 251

I'm also the typo who's never worried about the decline in bitcoin price? Why? because i've experienced this enough, and know that it will surely be up and down journey, nothing will go as smooth as we want. Bitcoin can stay strong if there are people who believe. That is the main point, if people started to go panic, worry, and losing trust and interest because of the price declining, then who will support bitcoin? It will only lead bitcoin into a falldown.
We need a strong trust to maintain, and even bring bitcoin price to a higher place. News shouldn't make us worried.

iTradeChips

hero member

Activity: 1792

Merit: 536

Leading Crypto Sports Betting & Casino Platform

I don't want to say "decline" of Bitcoin. It is like saying the decline of something or like the Decline of the Roman Empire in which Bitcoin is not on that kind of level. All we have to do is really to trust the experts in their trading speculations and most say that this is a correction period of Bitcoin, much like what happened in 2017 and the other small "crashes". But for me the good thing here is we can buy again at a low price, so enjoy buying Bitcoin at a good low price while it lasts.

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