Topic: Is someone worried about the recent decline of BTC? - page 6. (Read 2721 times)
I don't know where you got your prediction signal from but it has appeared to you that you're wrong as the price has fallen up to $35,000 and still falling not the extent it will fall tomorrow. This is the time to be careful in investing and one should just take the caution of investing only the amount one can afford to lose.
When market was on bullish rally, everyone wanted a correction so that it could pump at $100k. But many of them are disappointed because of this huge correction which is quite ridiculous. Every users who are on panic mode about what to do next, just remember that market will always test our patience and whales will do the manipualtion so that weak hodlers can lag behind because of fear and that's the thing is wanted by those whales so that they can buy more for another bullish rally. 
I lost nearly 50% currently but iam not worried about it because i want make goal for long term investment.
It's great to be a diamond hand hodlers. Just like you, my overall portfolio is down more than 80% and it'll again recover just like previous correction which was done back in January. Though this time correction is huge compare to that time, but it's good for another bullish rally. 
I think, based on the results of this week, we can safely say that many are already worried about the fall. As we see the price of bitcoin at about 33 thousand dollars at this point. Those who bought it above 50 thousand I think are only thinking about whether to fix their losses or still calm down and wait? I personally sold all my bitcoins a long time ago and I'm just waiting for the "bottom" to buy them again at a lower price.
I lost nearly 50% currently but iam not worried about it because i want make goal for long term investment. Price of Bitcoin already rally more than 15x for about 1 year and this is very big return for investors. And now many investors sell their BTC for profits so that the price declined, this is still normal market. But there will be others new investor will see this price as opportunities and start to invest. Statement of Elon Musk and Government of China only effected the market for short times, and then the price bounce back and going to new high because more new people and institutional will see the advantages of BTC.
50% is painful but yes, in relative terms Bitcoin gained a substantial amount this year. I don't think anyone should be wondering that a coin that goes up 15x could fall by 50% later on. It is pretty normal although hard for those who got in late.
If you believe that the market can improve then this is a great time to acquire all the alts and BTC at a reduced price...
After this, we will see bitcoin starts to recover again and will hit new ATH in the coming days.
Days? Or do you mean months to a year(s)?
worried of course because seeing the decline now especially people who are just starting out in crypto must feel worried and feel disadvantaged because of the decline that has occurred in recent weeks.
but for the longtime holders I don't think they feel the same worries because they have felt in 2017 and in previous years.
and those who lost their assets are now starting to exaggerate the problem of the current decline, even though if they were a little patient they should have understood that the decline now will become an increase in the future.
I understand how newbies react to this present decline of bitcoin because i was once a newbie too. But becoming more emotional seeing your investment starts to fall won't really make a difference. It will only worsen the situation because you can't focus on the right decision which will leave remarks for your future.but for the longtime holders I don't think they feel the same worries because they have felt in 2017 and in previous years.
and those who lost their assets are now starting to exaggerate the problem of the current decline, even though if they were a little patient they should have understood that the decline now will become an increase in the future.
I always think why should i worry when i know bitcoin is more profitable when hold for long term? I hope new investors will come to realize that this decline is not the end yet. After this, we will see bitcoin starts to recover again and will hit new ATH in the coming days.
worried of course because seeing the decline now especially people who are just starting out in crypto must feel worried and feel disadvantaged because of the decline that has occurred in recent weeks.
but for the longtime holders I don't think they feel the same worries because they have felt in 2017 and in previous years.
and those who lost their assets are now starting to exaggerate the problem of the current decline, even though if they were a little patient they should have understood that the decline now will become an increase in the future.
but for the longtime holders I don't think they feel the same worries because they have felt in 2017 and in previous years.
and those who lost their assets are now starting to exaggerate the problem of the current decline, even though if they were a little patient they should have understood that the decline now will become an increase in the future.
I lost nearly 50% currently but iam not worried about it because i want make goal for long term investment. Price of Bitcoin already rally more than 15x for about 1 year and this is very big return for investors. And now many investors sell their BTC for profits so that the price declined, this is still normal market. But there will be others new investor will see this price as opportunities and start to invest. Statement of Elon Musk and Government of China only effected the market for short times, and then the price bounce back and going to new high because more new people and institutional will see the advantages of BTC.
50% is painful but yes, in relative terms Bitcoin gained a substantial amount this year. I don't think anyone should be wondering that a coin that goes up 15x could fall by 50% later on. It is pretty normal although hard for those who got in late.
We might look at it as a 50% drop from ATH and also as 300% gain from exact 1 year.
Last year the price of bitcoin was around $10k on the same day and now it's at $33k.
That still gives us 3.3x returns.
To be honest 50% drop doesn't matter much if we are willing to hold it for a long term.
This is not "The End" for crypto. We still have a lot of time to evolve, mature and grow.
Is someone worried about the recent decline of BTC?
No worries, unless someone was dumb enough to believe Bitcoin is a Store of Value.
Bitcoin is a Boom & Bust Speculative investment verses fiat.
Store of Value it will never be, as during the bust cycles it is always multiple times lower than the Boom Cycle.
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
$ 52,000 “Should Be BTC Floor.”
https://medium.com/snapbots-news/snapbots-news-review-bitcoin-drops-but-bull-run-wont-end-9090f739a6f3
So after 2 weeks of this post, bitcoin is 33,000$.
So where is the flour of 52,000$ mentioned in the article ? This proof no theory fits 100% in bitcoin. Its hard to predict the price of bitcoin in immediate short term.
price decline is a common thing, in my opinion people who have been playing bitcoin for a long time will not panic at all, even take it easy, because they believe bitcoin will definitely go up, because many people are already prosperous thanks to crypto,,
bitcoin will get better ''
Normal stories but as we are exposed to it in different roles and angles in this market we are constantly uncovering risky issues, obviously everyone knows this fall will come one day but the reception and acceptance of the information is so poor, a low price is still enough to break the previous confidence. Well-trained investors are just as scared as ordinary investors, one hundred percent certainty in prediction is a number that carries too much illusion of belief but they have to relax and act like it's nothing to handle the situation well bitcoin will get better ''
price decline is a common thing, in my opinion people who have been playing bitcoin for a long time will not panic at all, even take it easy, because they believe bitcoin will definitely go up, because many people are already prosperous thanks to crypto,,
bitcoin will get better ''
Indeed, these crypto investors are happy now as they have a chance to reinvest Bitcoin at a lower price. And I assume that they are filling their bags enough to prepare for the next Bullrun and I hope others could make it. Because at this time, I'm not sure if the market will suffer a huge dip just like in the previous bear season, I saw it was a different situation now where more people, more investors are can manage to hold rather than in panic selling. bitcoin will get better ''
May be this is due to some possible reasons that how can we react on this .... indeed after some time it will gain its specific position but it needs some time for which all of the people are not ready. More people are worried about this and find some solution for that.
price decline is a common thing, in my opinion people who have been playing bitcoin for a long time will not panic at all, even take it easy, because they believe bitcoin will definitely go up, because many people are already prosperous thanks to crypto,,
bitcoin will get better ''
bitcoin will get better ''
Bitcoin is currently dip and we are still expecting more dip from my research but you don't have to be worried about the dip because I believe is just temporary things are going to bounce back the only people that I believe are worried currently are the newbies that are just starting to trade or invest in bitcoin are the only once I believe they should be worried now because they have not gotten this kind of experience before. If you are a newbie you don't have to panic I believe must of the coin you guys are holding is already dip and you are scared you don't have to be scared and you don't have to sell of your coin at lost the only thing you can do now is to hold and have patience wuth time things are going to be fine.
I lost nearly 50% currently but iam not worried about it because i want make goal for long term investment. Price of Bitcoin already rally more than 15x for about 1 year and this is very big return for investors. And now many investors sell their BTC for profits so that the price declined, this is still normal market. But there will be others new investor will see this price as opportunities and start to invest. Statement of Elon Musk and Government of China only effected the market for short times, and then the price bounce back and going to new high because more new people and institutional will see the advantages of BTC.
50% is painful but yes, in relative terms Bitcoin gained a substantial amount this year. I don't think anyone should be wondering that a coin that goes up 15x could fall by 50% later on. It is pretty normal although hard for those who got in late.
Pretty much normal, but it's still hard to look at especially for the long term hodlers, and yeah it's really painful lol.
People who has been in crypto space for more than 5 years is well aware of how volatile Bitcoin is and how much range could Bitcoin jump into. However, it's really inevitable not to feel worry about a declining Btc price, not because they are afraid of lossing their money, but worried in terms of the length of time that these hodlers are going to wait until they hit their desired amount before selling.
I still don't worry about this recent sharp fall in BTC price. I have some loss but I will keep HODLing to convert them into profit also. I've bought more BTC and ETH now. I'm also thinking of buying more BNB. I feel confident about that I will make a huge profit in the long run from BNB also.
I lost nearly 50% currently but iam not worried about it because i want make goal for long term investment. Price of Bitcoin already rally more than 15x for about 1 year and this is very big return for investors. And now many investors sell their BTC for profits so that the price declined, this is still normal market. But there will be others new investor will see this price as opportunities and start to invest. Statement of Elon Musk and Government of China only effected the market for short times, and then the price bounce back and going to new high because more new people and institutional will see the advantages of BTC.
50% is painful but yes, in relative terms Bitcoin gained a substantial amount this year. I don't think anyone should be wondering that a coin that goes up 15x could fall by 50% later on. It is pretty normal although hard for those who got in late.
This huge decline must be worrying many people right now. But I don't advise them to worry about it even a little if they are a HODLer. But I understand the frustration of short-term investors. There is an ambiguity now about when the market will start recovering again.
I personally motivated two hodlers not to panic sell their bitcoin after watching their portfolio declining in value, they are very worried with the rapid drop in the value in the past few days, I believed if there is opportunities to encourage frustrated investors that the price would go back to normal they should continue to hodl, this is indeed a trying time for newbies who are still hodling their coins with the uncertainty of when the price is going to start recovering, in fact today market outlook had not shown any remarkable signal of the bulls getting ready to take over the market thus the wait continues. I lost nearly 50% currently but iam not worried about it because i want make goal for long term investment. Price of Bitcoin already rally more than 15x for about 1 year and this is very big return for investors. And now many investors sell their BTC for profits so that the price declined, this is still normal market. But there will be others new investor will see this price as opportunities and start to invest. Statement of Elon Musk and Government of China only effected the market for short times, and then the price bounce back and going to new high because more new people and institutional will see the advantages of BTC.
It's a cycle between gainers and newcomers, the rest are those who wanted to have a short ride.
Fate are different from each investors and traders, those who gained experienced from their long stayed inside this venue of investment always have an edge against those newbies, the reaction mostly appropriate with how the market behaves, they are just calmed and observing what's the best way to continue in the positive sides.
the tiny bounce it did to reach $40k is just an attempt but this will be more worrisome that you might just overlook because the fud will continue. FED will probably release the CBDC, Jerome Powell speak to the public yesterday and IRS seeks details of bank accounts, possibly crypto traders.
i hope i'm just adding the fud game but i really do believe the price will dip a bit more. so if you are holding, then just hold on to it.
Jump to: