Is this new crash very bad | Bitcointalksearch.org

olubams

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Quote from: imapessimist on January 30, 2018, 01:10:45 PM

I notice quite a big drop in the last few hours. Is this just a short term thing for a few hours and it will pick up again back to normal. Or will it go much further down into a big crash.

Its really hard to say for anyone as I have just given up.on predicting what might likely happen to price whether there would be an increase or a fall in price because as much as I tried to predict it, it just seems I am shooting in the wrong direction and with that I have made up my mind to letr things play out as its wishes to why I act to the best of my knowledge on the best cause of action at the present moment without having to think of what will happen next. I think that is the strategy for this period of high uncertainty.

Lpim01

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Quote from: imapessimist on January 30, 2018, 01:10:45 PM

I notice quite a big drop in the last few hours. Is this just a short term thing for a few hours and it will pick up again back to normal. Or will it go much further down into a big crash.

Most probably it won't get too dip that reaching $5k, so there is nothing to worry so much mate. This correction is just temporary and it will normalized soon once FUD's will not be recognized by the community. It seems to be that Korea FUD's makes this correction very strong that may cause people worrying so much and they just sell their coins in cheap price which absolutely affect the market trend.

Gobeller

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Quote from: trickyriky on February 02, 2018, 10:25:12 AM

Quote from: Nfp on January 31, 2018, 02:39:11 AM

Quote from: imapessimist on January 30, 2018, 01:10:45 PM

I notice quite a big drop in the last few hours. Is this just a short term thing for a few hours and it will pick up again back to normal. Or will it go much further down into a big crash.

No one knows what will happen now to bitcoin price, if it's just a short term drop or it will continuously dropping. But one thing that i'm sure is, it's a good opportunity for us to have more of it while its price is so cheap, to gain more profit in the future.

True. Those guys, who will remain optimistic and get more coins, will soon compare whose profit turned to be bigger.

I see some people hanigng out in the forum and they spreading fud about bitcoin. They want to create fear in people. I don't see the result behind their behaviour but this is no good anymore...

This should be avoided.

batang_bitcoin

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Quote from: gabmen on February 02, 2018, 07:31:29 AM

Lol. Its always good to add humor to situations like this when people seem to be stressed out from seeing red everywhere. Smile, tone down on the coffee, forget that you have crypto investments and don't check your portfolio from time to time.

True, it is causing us to be in pain but having a drawing about a chart that looks like dinosaur gave me a good day after all. It is inevitable that a holder will not check his portfolio, my idea is uninstall blockfolio or any app that you are using for your portfolio.

Quote from: trickyriky on February 02, 2018, 10:25:12 AM

True. Those guys, who will remain optimistic and get more coins, will soon compare whose profit turned to be bigger.

Traders who have been with this scenario before will take this as something good. You'll can see them a little bit worried about the situation but its a good time to extend and add some on your portfolio.

zlatan07

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The price of bitcoin will always go up and down, it seems that a lot of peoples just see price behind crash but what is the cause of the crash they don't know. Please, next time try to investigate why the price is going down or up. Peoples just know to say '''its new crash that's very bad'' but they don't see what is behind.

trickyriky

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Quote from: Nfp on January 31, 2018, 02:39:11 AM

Quote from: imapessimist on January 30, 2018, 01:10:45 PM

I notice quite a big drop in the last few hours. Is this just a short term thing for a few hours and it will pick up again back to normal. Or will it go much further down into a big crash.

No one knows what will happen now to bitcoin price, if it's just a short term drop or it will continuously dropping. But one thing that i'm sure is, it's a good opportunity for us to have more of it while its price is so cheap, to gain more profit in the future.

True. Those guys, who will remain optimistic and get more coins, will soon compare whose profit turned to be bigger.

dharnamonitor

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Quote from: mysacrifice on January 30, 2018, 01:34:47 PM

Quote from: imapessimist on January 30, 2018, 01:10:45 PM

I notice quite a big drop in the last few hours. Is this just a short term thing for a few hours and it will pick up again back to normal. Or will it go much further down into a big crash.

Don't worry mate. It is very usual volatility of bitcoin. According to the fibonacci retracement it can come down till 8000usd. In case it doesn't break that level downward I don't see any problem.

But the thing is it did broke on that level lol haha. So, is there a problem now? For me, I still think that it was a great time to buy a bulk of coins.

Quote from: disclaimer201 on February 01, 2018, 11:19:59 PM

Ignore the scale and the low prices. But this is how it might play out. Perhaps, history repeats itself. It took over a year for prices to recover and even longer for them to skyrocket again.

Maybe it is but we can be sure that if the price will skyrocket again the price should be more higher than the previous ath. And it is the good thing, there might be another people who will become a millionaire just because they used this opportunity to buy and hold.

gabmen

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Quote from: batang_bitcoin on February 02, 2018, 12:31:30 AM

No one could tell if this will take a long time or it will only be for short time.

Quote from: Mankov on February 01, 2018, 07:53:45 PM

I see a dinosaur:

Thank you for making my morning happy. Grin

Lol. Its always good to add humor to situations like this when people seem to be stressed out from seeing red everywhere. Smile, tone down on the coffee, forget that you have crypto investments and don't check your portfolio from time to time.

batang_bitcoin

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No one could tell if this will take a long time or it will only be for short time.

Quote from: Mankov on February 01, 2018, 07:53:45 PM

I see a dinosaur:

Thank you for making my morning happy. Grin

disclaimer201

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Ignore the scale and the low prices. But this is how it might play out. Perhaps, history repeats itself. It took over a year for prices to recover and even longer for them to skyrocket again.

Izarok

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Quote from: imapessimist on January 30, 2018, 01:10:45 PM

I notice quite a big drop in the last few hours. Is this just a short term thing for a few hours and it will pick up again back to normal. Or will it go much further down into a big crash.

Think of it as an opportunity to buy more rather than just a "crash". The price will pickup soon. Crypto has always been on dips and reds when the month of February comes.

paul00

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Quote from: bncbnc on February 01, 2018, 06:48:54 PM

Quote from: SixOfFive on February 01, 2018, 06:18:13 PM

Today's crash is too bad. It was expected to have a greens in the market today, but FUD created in INDIA that BTC is banned has again pulled the whole market down to $9K. Lets hope this confusion in INDIA got clear soon and we can see a remarkable recovery soon.

Yes it is always not feeling good when the price is falling, but i think that this downfall will not let our confidence down, In fact it is the nature of bitcoin and we are hoping that very soon bitcoin will recover its position very soon, therefore we need to hold bitcoin and remain calm and patient.

If the price is falling then its time for us to invest. We encounter it every year so whats new? youre right we need to hold our bitcoin in this situation because if we cash out at a lower price we cannot comeback our losses because of that so there are still a chances you can gain youre losses just wait for a week of worst is a month.

Mankov

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I see a dinosaur:

bncbnc

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Quote from: SixOfFive on February 01, 2018, 06:18:13 PM

Today's crash is too bad. It was expected to have a greens in the market today, but FUD created in INDIA that BTC is banned has again pulled the whole market down to $9K. Lets hope this confusion in INDIA got clear soon and we can see a remarkable recovery soon.

Yes it is always not feeling good when the price is falling, but i think that this downfall will not let our confidence down, In fact it is the nature of bitcoin and we are hoping that very soon bitcoin will recover its position very soon, therefore we need to hold bitcoin and remain calm and patient.

SixOfFive

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Today's crash is too bad. It was expected to have a greens in the market today, but FUD created in INDIA that BTC is banned has again pulled the whole market down to $9K. Lets hope this confusion in INDIA got clear soon and we can see a remarkable recovery soon.

fabiorem

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Its a crash, OP. It can go anywhere. TA dont work with bitcoin.

I hope you didnt go all-in, because its risky. 10% of users control 90% of supply, and they are doing a bloodbath right now.

Just lock your bitcoins safely and hold the line.

sgenuine

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Quote from: imapessimist on January 30, 2018, 01:10:45 PM

I notice quite a big drop in the last few hours. Is this just a short term thing for a few hours and it will pick up again back to normal. Or will it go much further down into a big crash.

Use this crash as you call it for buying Bitcoins. I am almost sure that those financial whales that are talking about 25 thousand BTC price by the end of 2018 are right. I am not panic stricken. We will wait for the better times.

v0rtecxz

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the fall in bitcoin prices this month is bad enough, I personally can not predict How long this will continue, but for that I remain calm so that no panic happens that makes the market price worse, and take advantage of this moment to buy and hold because I think bitcoin will recover soon and again increase, and maybe it will happen in early February, maybe it's just a guess

letecia012

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Quote from: ChickenDuck on January 31, 2018, 01:59:09 AM

It could be a big correction again before it go up.

Quote from: imapessimist on January 30, 2018, 01:10:45 PM

I notice quite a big drop in the last few hours. Is this just a short term thing for a few hours and it will pick up again back to normal. Or will it go much further down into a big crash.

No one know what will be the next price movement not only for Bitcoin but for entire Crypto currency market as well. 2017 is a great year for Bitcoin from 1k+$ it surge to almost closed to 20k$ and now it is currently consolidating at 10-11k$ but since Bearish market hit Crypto world this consolidation may take longer or it will recover soon. Just keep up to date so we will not get behind on whats happening in bitcoin if it still goes down there is no problem for me it is a good opportunity to add more I know anytime soon price may break out. No panic just relax.

xiaowu55

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I think it's a good buying opportunity.
The new collapse is a normal adjustment.
I bought a bitcoin.
I think I'll get a good return soon.

Topic: Is this new crash very bad (Read 846 times)