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Topic: Is someone worried about the recent decline of BTC? - page 9. (Read 2709 times)

legendary
Activity: 2282
Merit: 1023
I'm afraid that we are now starting the Bear market , there is a continues denial about the price of Bitcoin and also many altcoins.
The Bitcoin market is below the $50k mark even though it showed promises of recovery, i am skeptical as you never know when these institutional investors will book their profit and hence we cannot predict where the market will be in a couple of days. Will have to wait for a couple of days and then i should take my positions with the coins i am holding as well as i was expecting a one final rally before the major correction.
hero member
Activity: 1414
Merit: 542
I'm not worried about that, because I know the price will rise again soon.
As long as we are in the uptrend or bullrun, the price can increase again soon after the correction. But if the bearish season begins, we must be more careful. The price probably decreases more and more, the chance to increase may be in the next bullish season. So, the fast recovery of crypto coin price may not happen every time.


I don't think that we are in the bearish trend, it's just the effect of many negative news that really put the market into a downtrend. I'm not saying that we are going to recover quickly, but we have to understand that this is how the market works.

Not going to happen those parabolic rises we've seen in the last quarter of 2020, not as the price is going up, the exponential growth will slow down. But we don't need to panic we have like more than six months till the end of this year so maybe we will see some change before the end of the year.
full member
Activity: 1848
Merit: 158
I'm not worried about that, because I know the price will rise again soon.
As long as we are in the uptrend or bullrun, the price can increase again soon after the correction. But if the bearish season begins, we must be more careful. The price probably decreases more and more, the chance to increase may be in the next bullish season. So, the fast recovery of crypto coin price may not happen every time.


The btc market today is quite different than in previous years. There are so many big players that are already in this market. So even if we experience decline, I strongly believe that it will go up again. However, if you are betting your life savings in this market, you need to plan carefully in order not to incur losses. Assess whether you need to cash out early or not. Because cashing out when the price is down is not a very smart move. This is why some holders are worried because if they need to cash out and the price is low, they are at loss. So if you don't have urgent needs for cash, better keep it and just cash out when the market starts to go up again.
sr. member
Activity: 826
Merit: 263
I'm not worried about that, because I know the price will rise again soon.
As long as we are in the uptrend or bullrun, the price can increase again soon after the correction. But if the bearish season begins, we must be more careful. The price probably decreases more and more, the chance to increase may be in the next bullish season. So, the fast recovery of crypto coin price may not happen every time.
hero member
Activity: 2828
Merit: 518
Second round, shopping time guys. Don't miss the sale while it lasts!
Well, I'm preparing for that. I've waited for the price to decline, so instead of worrying, this time giving me a chance to reinvest.
We have been too long staying in the bullish season, I think that was enough. But I'm still observing the market trend, although the price of Bitcoin moves down slowly, it was too early to tell that we are turning back to bear season. Let's see how it change a few days from now.
sr. member
Activity: 2366
Merit: 448
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For those who have been in the industry for a long time or have been involved with bitcoin for a long time, I don't think there is any concern when prices drop and what happens is normal.
I also don't feel panic or worry about what's going on in the market and if there is a continuous decline, I will hold it back and let bitcoin move as it is.
Even though there are some news that have influenced the market, I think it has happened before and vice versa if the price continues to rise because it is driven by news.
hero member
Activity: 2744
Merit: 588
I can't say that I'm so worried about this fall. Yes, it was a really big hit from Tesla and Elon Musk to Bitcoin and the rest of the market. But it doesn't seem like the market has been affected critically. I think we will see it recovering soon also.

I am not so optimistic, but wouldn't attribute the uncertainty in the market to Musk and Tesla alone. It was about time for the market to show some uncertainty after everything was so gloomy. Everybody again began thinking that there is only one way for Bitcoin and that way goes up. That is just not true. If it went on like that I would even be more afraid than ever that we will see another 2018.
they forgot that btc is not one sided because it stays at the top for a long time .
btc is like any other crypto that moves in two sides and thats up and down .
we will have a down time but that will be delayed if eleon and tesla didnt make a public scandal .
im worried for those who are worry and not used to price declines because they will feel bad and sell in a wrong time .

Bitcoin has been long in this market and survived many times over.
Elon is a new player in this market and I don't think he will be the reason that btc collapse big time.
This is just part of the up and down movement, though he may contributed in this recent decline, but it doesn't mean he will be the sole reason why btc is surviving.
We have other reasons why btc reached this level, financial institutions, top companies that are already involved in crypto.
If Elon has a changed of heart towards bitcoin, it doesn't mean, all the other companies are agreeing with his move.
full member
Activity: 1638
Merit: 122
I can't say that I'm so worried about this fall. Yes, it was a really big hit from Tesla and Elon Musk to Bitcoin and the rest of the market. But it doesn't seem like the market has been affected critically. I think we will see it recovering soon also.

I am not so optimistic, but wouldn't attribute the uncertainty in the market to Musk and Tesla alone. It was about time for the market to show some uncertainty after everything was so gloomy. Everybody again began thinking that there is only one way for Bitcoin and that way goes up. That is just not true. If it went on like that I would even be more afraid than ever that we will see another 2018.
they forgot that btc is not one sided because it stays at the top for a long time .
btc is like any other crypto that moves in two sides and thats up and down .
we will have a down time but that will be delayed if eleon and tesla didnt make a public scandal .
im worried for those who are worry and not used to price declines because they will feel bad and sell in a wrong time .
jr. member
Activity: 84
Merit: 3
Pantera Hedge Fund CEO BTC price  - April 27  - Look up on Youtube if link does not work.

Pantera's $115k Bitcoin Price Target with Dan Morehead


https://www.youtube.com/watch?v=fsK3vjrmY0M



hero member
Activity: 1918
Merit: 564
I am not worried.  The decline in price of BTC is just a normal event when the price is continuously surging.  It is healthy because it gives new investor a chance to hop in and get involved in the market.  Besides, we all have been witness that whenever there is a price retracement, no matter how long it is, Bitcoin bounce back with a new ATH on its banner.
It's amazing because you can maintain such optimism while the vast majority of people, probably myself included, cannot avoid certain anxieties, this one step backwards seems to be a bit too big for previous states, even today, the vitality of bitcoin's recovery has been very dismal, instead there was a strong selling force in the market, opening a liquidation and pinching the value of bitcoin. Bounce back is a great theory, but we'll probably have our capital locked up for a few years, the image of the past is really replaying in my brain

You had been around since 2014, and I bet you  had witnessed this kind of event several times and every time BTC plummet, it always bounce back even though it takes weeks, months, or even years.  Just like what happened way back 2017 to 2021, in between those were really a hard time for BTC and yet it triple its 2017 ATH this year.  And zooming out the chart from 2018 to present, the current price is still in positive gain.
hero member
Activity: 1316
Merit: 502
I am not worried.  The decline in price of BTC is just a normal event when the price is continuously surging.  It is healthy because it gives new investor a chance to hop in and get involved in the market.  Besides, we all have been witness that whenever there is a price retracement, no matter how long it is, Bitcoin bounce back with a new ATH on its banner.
It's amazing because you can maintain such optimism while the vast majority of people, probably myself included, cannot avoid certain anxieties, this one step backwards seems to be a bit too big for previous states, even today, the vitality of bitcoin's recovery has been very dismal, instead there was a strong selling force in the market, opening a liquidation and pinching the value of bitcoin. Bounce back is a great theory, but we'll probably have our capital locked up for a few years, the image of the past is really replaying in my brain
hero member
Activity: 2128
Merit: 532
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Second round, shopping time guys. Don't miss the sale while it lasts!
sr. member
Activity: 1302
Merit: 250
Of course not, because I'm sure the people who hold assets in bitcoin are not mentally weak people, besides that the people who hold assets here including me are not the people who start trading in a few days. some are from a year, two years and some have even started from the very beginning bitcoin was created, and when bitcoin fluctuates in corrections like this it becomes normal and normal for us because it is very natural.
no need to worry about this because everything will be back to normal and bitcoin will still be king and this is not the end of bitcoin. keep calm and enjoy the flow all will be back to normal
hero member
Activity: 1918
Merit: 564
I am not worried.  The decline in price of BTC is just a normal event when the price is continuously surging.  It is healthy because it gives new investor a chance to hop in and get involved in the market.  Besides, we all have been witness that whenever there is a price retracement, no matter how long it is, Bitcoin bounce back with a new ATH on its banner.
sr. member
Activity: 668
Merit: 257
I can't say that I'm so worried about this fall. Yes, it was a really big hit from Tesla and Elon Musk to Bitcoin and the rest of the market. But it doesn't seem like the market has been affected critically. I think we will see it recovering soon also.

I am not so optimistic, but wouldn't attribute the uncertainty in the market to Musk and Tesla alone. It was about time for the market to show some uncertainty after everything was so gloomy. Everybody again began thinking that there is only one way for Bitcoin and that way goes up. That is just not true. If it went on like that I would even be more afraid than ever that we will see another 2018.
sr. member
Activity: 2618
Merit: 439
I'm afraid that we are now starting the Bear market , there is a continues denial about the price of Bitcoin and also many altcoins.
I'm not worried about that, because I know the price will rise again soon.
How  sure?
member
Activity: 994
Merit: 20
I can't say that I'm so worried about this fall. Yes, it was a really big hit from Tesla and Elon Musk to Bitcoin and the rest of the market. But it doesn't seem like the market has been affected critically. I think we will see it recovering soon also.
jr. member
Activity: 80
Merit: 4
generally I am not worried because bitcoin price will surely hit new ATH and will be "x"times previous ATH. What worries me is the possibility it could take another 3-4 years but personally I think there is not more than 2-3 % chance to happen. the most probable scenario is to continue price climb to 6-digit range(s) with price 10-30% dips that saw some times this year. hope to hit 100K by late 2021. will start selling then. everyone must decide for himself what to do according to how many bitcoins he has and how urgently he needs money.
sr. member
Activity: 616
Merit: 253
I'm not worried about that, because I know the price will rise again soon.
full member
Activity: 616
Merit: 100
FRX: Ferocious Alpha
we too are worried about the recent decline of bitcoin, who wouldn't be? but then we have to accept that bitcoin sometimes is unpredictable, they can be high and low anytime depending on the movement of the crypto world or in the market. we still hoping that it will rise again.
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