It's been 3 years and what I remember more was about the start of the pandemic nonetheless, these huge market slumps are really making histories.
From one thought of being big into something bigger that we have never thought of. This goes by the play of being unpredictable and regardless of being confident with what you hold, you shouldn't be.
USDC and banks have proved that whether they're centralized or decentralized, there's really a proof that nothing in existence is safe and perfect in terms of safety of our money and finances.
Topic: It's the 12th of March once again - page 2. (Read 260 times)
the market is difficult to predict so if there is a decline on the day, the same date may just be a coincidence, chaos will always occur when btc or other coins start to increase it's a normal thing isn't it. holding back and surviving the onslaught of bad news is proof we are tough fighters to deserve the benefits of the btc we keep
It was on the 12th of March 2020 that Bitcoin dropped 50% in value and this got me so good, till date I still regret my decision, because after so many endurance of waiting and waiting, Bitcoin dumped from 8000$ all the way down to 3,500$, I just gave up and it does not take too long, like 3 months later, that we were already in another bull market.
Actually, all of these downfall of bitcoin value is always gives a lesson. That's the exact approach i have always keep and still hoping in the 2017 ATH. And exactly just like you did, i just wait and wait until there's no way to sell it because its too down and feel like it will give a huge loss if i sell.
I am not good at keeping date but I know too well that there was a time when bitcoin was $8k as ATH then drop expeditiously to what I can't really comprehend this seems to be 2019/20 but as a matter of fact I couldn't utilized the opportunity because of lack of fear and fate. At bear everyone always seems to push what ever they thought of holding in other not to dump in there hands while those who knows what bear is all about usually utilizes every single opportunity that may arise during the long bear market.
Actually we don't have enough trust on Bitcoin. Not for everyone but there are huge number of people who haven't belief on Bitcoin. Is it really possible for a particular crypto to rise continuously in real life? We have to wait patiently and take advantages from it. We have to think about future by forecasting development, technology, market, audience etc.
It is understandable that there are people who have no faith in Bitcoin or other cryptocurrencies. Blockchain technology on which Bitcoin and many other cryptocurrencies are based is an innovative technology with a lot of potential and application possibilities in different sectors. Additionally, many financial institutions and large corporations are starting to accept Bitcoin as a form of payment, which indicates growing public acceptance of the cryptocurrency.
Seems to be a lot of rumours circulating about bank runs and bailouts etc. I think the next week is going to be very interesting. Remember though, seemingly awfully bearish capitulations are a great opportunity to but cheap. Always do the opposite of what the masses are doing. Money is made during bear markets.
Since there are historic records that Bitcoin is able to recover, why not take that as motivation to stock BTC and DCA while it is still in their lower price range? We know that when Bitcoin surge it will take years to see windows of opportunity on buying Bitcoin at a lower price of its ATH again, and at a higher price level.
Speculating on the price of BTC is not the right way to expand the blockchain network and certainly not the best way to popularize cryptocurrency for mass adoption. Some people believe in what you say, while most don't, which is understandable given the highly volatile nature of bitcoin prices.
Flaunting profits from Bitcoin trading can certainly attract a lot of attention, but how many people will go bankrupt when they don't know how to trade cryptocurrency properly? On the other hand, if BTC is purchased and used by the general public, the system is prioritizing its function, which has the potential to be developed by others.
What @Rana590 is saying forces us to think about something that can make Bitcoin bigger and more widely used by the public. When the name Bitcoin starts to become popular and talked about by people of different races, it opens up a new world for those who can make a system safer or transform it into something even better
BTC price will be easier to go up
Almost 800 million in Bitcoin was liquidated in minutes on popular exchange called BitMEX years ago, how many of you guys remember this?
It was on the 12th of March 2020 that Bitcoin dropped 50% in value and this got me so good, till date I still regret my decision, because after so many endurance of waiting and waiting, Bitcoin dumped from 8000$ all the way down to 3,500$, I just gave up and it does not take too long, like 3 months later, that we were already in another bull market.
Do not be deceived by the chaos that the government are trying to cause, it's a big distraction, for those who are weak, do not be a weak BTC holder.
It was on the 12th of March 2020 that Bitcoin dropped 50% in value and this got me so good, till date I still regret my decision, because after so many endurance of waiting and waiting, Bitcoin dumped from 8000$ all the way down to 3,500$, I just gave up and it does not take too long, like 3 months later, that we were already in another bull market.
Do not be deceived by the chaos that the government are trying to cause, it's a big distraction, for those who are weak, do not be a weak BTC holder.
I don't really remember such dates but I just look at the chart, it was a long red candle dropping from 8k down to 4400 and the next day it dip to 3800. Maybe 3500 on other exchanges.
All these distractions are somewhat like a shake-out to those investors who can really hold for a hold time and are worth the wealth they get. FED raising rates again is definitely among them. They know it's not the solution as it will only make the people suffer but they keep doing it.
Actually we don't have enough trust on Bitcoin. Not for everyone but there are huge number of people who haven't belief on Bitcoin. Is it really possible for a particular crypto to rise continuously in real life? We have to wait patiently and take advantages from it. We have to think about future by forecasting development, technology, market, audience etc.
I do not know about you but I am bullish on Bitcoin and trust that it will eventually surge making the market in bullish mode. Though there are still lots of people that have a negative perception in Bitcoin (blame that on the people who create scam and fraud company that uses Bitcoin to cheat on unsuspecting investors) but time and time again Bitcoin always prove itself that it has the capability to bounce back, rally and uptrend, breaking its previous ATH after its halving.
Since there are historic records that Bitcoin is able to recover, why not take that as motivation to stock BTC and DCA while it is still in their lower price range? We know that when Bitcoin surge it will take years to see windows of opportunity on buying Bitcoin at a lower price of its ATH again, and at a higher price level.
I still remember I was trying to buy Bitcoin with cash in my area and couldn't. Back then, we only had a way to buy and sell Bitcoin. That's face-to-face. Otherwise, with local sites, you have to get deceived. Well, localbitcoins and other sites were there too but the price was far above then the actual price. I still remember I was praying that the price remains lower so I can buy more lol.
Anyway, most of the investors sell at such a time while the whale buys. The meme says the rest. Source- coinalap
Bitcoin at $69k vs Bitcoin at $23k
It would be better if you put your memes letters in English instead of your local language. Because many people may have trouble understanding, but what I found by observing the meaning of the meme is that I am in that long line. Anyway, most of the investors sell at such a time while the whale buys. The meme says the rest. Source- coinalap
Bitcoin at $69k vs Bitcoin at $23k
But then the market conditions were such that it was very difficult to actually get an indication or fear that it would be its last destination or all-time high. Then, of course, for the big whales, an extra emotion worked in people to invest.
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I still remember I was trying to buy Bitcoin with cash in my area and couldn't. Back then, we only had a way to buy and sell Bitcoin. That's face-to-face. Otherwise, with local sites, you have to get deceived. Well, localbitcoins and other sites were there too but the price was far above then the actual price. I still remember I was praying that the price remains lower so I can buy more lol.
Anyway, most of the investors sell at such a time while the whale buys. The meme says the rest. Source- coinalap
Bitcoin at $69k vs Bitcoin at $23k
Anyway, most of the investors sell at such a time while the whale buys. The meme says the rest. Source- coinalap
Bitcoin at $69k vs Bitcoin at $23k
Actually we don't have enough trust on Bitcoin. Not for everyone but there are huge number of people who haven't belief on Bitcoin. Is it really possible for a particular crypto to rise continuously in real life? We have to wait patiently and take advantages from it. We have to think about future by forecasting development, technology, market, audience etc.
As always you have a few weeks to make a purchase. It is possible that the price drop is not over for Bitcoin yet. We will wait until tomorrow to see the central bank's decisions on the fate of the collapse of the two major banks.
Domain BTC.D is moving up and that is not good for altcoins. Bitcoin is a nice option then can wait to buy potential altcoins x10, x100. I am optimistic about the absolute growth of the market in 2024. Shopping from now on is not a bad choice.
Domain BTC.D is moving up and that is not good for altcoins. Bitcoin is a nice option then can wait to buy potential altcoins x10, x100. I am optimistic about the absolute growth of the market in 2024. Shopping from now on is not a bad choice.
Problem is no one could really anticipate what is more likely to happen. The market itself is way too unpredictable and if you'd be in times of decline with market prices, the only thing you should consider is to deal with it and not to liquidate. Has something to do as well with the amount you can afford losing on your investment. Regarding dates on the other hand, history repeats itself but not exactly as what happened from the past. Prooc is simply inconsistency with market price increase so what more with declines or corrections in market value. Simply a part of this technology and other field of investment especially those which are solely dependent with the demand.
Almost 800 million in Bitcoin was liquidated in minutes on popular exchange called BitMEX years ago, how many of you guys remember this?
It was on the 12th of March 2020 that Bitcoin dropped 50% in value and this got me so good, till date I still regret my decision, because after so many endurance of waiting and waiting, Bitcoin dumped from 8000$ all the way down to 3,500$, I just gave up and it does not take too long, like 3 months later, that we were already in another bull market.
Do not be deceived by the chaos that the government are trying to cause, it's a big distraction, for those who are weak, do not be a weak BTC holder.
It was on the 12th of March 2020 that Bitcoin dropped 50% in value and this got me so good, till date I still regret my decision, because after so many endurance of waiting and waiting, Bitcoin dumped from 8000$ all the way down to 3,500$, I just gave up and it does not take too long, like 3 months later, that we were already in another bull market.
Do not be deceived by the chaos that the government are trying to cause, it's a big distraction, for those who are weak, do not be a weak BTC holder.
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