Panicking in cryptocurrency is one of the things that make some people to lose their coins or fall into, the process so it is better for you to hold on until the market normal, because everyone knows that cryptocurrency have a system of regulation so which no one can know about it or control it
Panic for some reason is a very natural thing because it is about causing loss, but if you panic for no reason and are just afraid because of what other people say, I think it's very unnatural because normal panic usually happens because something is going on in the market and it caused a lot of harm to everyone. The case of FTX is a very basic example of this because there are so many FTX users and when panic arises, it is clear that almost everyone feels it even though those who panic often use other exchanges. 
Topic: Stop the panic, I doubt we will see 14k or less Bitcoin - page 12. (Read 2906 times)
Unless something happens to Binance or Coinbase, we are good guys. 
If something were to happen to those two..................................
All bets off the table.
If something were to happen to those two..................................
All bets off the table.
Literally articles are flooding saying the bottom isn't here etc etc.
The FTX thing sucked, but Bitcoin can only go so low with the amount of support it has and how integrated it has become with the banking system.
Stop the FUD.
The FTX thing sucked, but Bitcoin can only go so low with the amount of support it has and how integrated it has become with the banking system.
Stop the FUD.
You can't stop the FUD, there are entities even in this community that does that, to create fear amongst us. It's the question on what will be their motives? maybe they want to buy cheap bitcoin? or just hated it that they want bitcoin to fall.
Anyhow, the FTX and the whole crypto market is a messed, but nevertheless, I think we can all recover from it. Just stay calm everyone, on the contrary, it could be a perfect time to accumulate. Remember that we have the halving in 2024, the catalyst for a bull run, so it's better to stack sats when they are very cheap right now at $16k. For sure when we look back, we will say that we survived this dump, just like we survived the Covid-19 crashed.
Experienced investors & traders don't get panic with what is currently going on in crypto market , it is normal behavior of Bitcoin & we should take it easy and believe in this precious asset which never disappoints those who hold it with patience . Bitcoin has been undergoing many crashes and rallies since it was launched and I believe it will continue doing so in coming months & years until crypto marketcap reaches a reasonable level (10 Trillion and above) when it won't be easy for any whale to shake the whole market easily.
Don't panic...!
Buy the deep and HODL BTC
Panicking in cryptocurrency is one of the things that make some people to lose their coins or fall into, the process so it is better for you to hold on until the market normal, because everyone knows that cryptocurrency have a system of regulation so which no one can know about it or control it Buy the deep and HODL BTC
People like us, who know what to do when the price goes down, will not be losing any money during this period. I mean it is obvious that there are some people who end up losing money during this period because they end up selling all their coins, but the reality is that selling all your coins right now means that you are accepting defeat, and you are just going back to your corner. People who know what they are doing will end up with their hands up in the air in the ring and keep on fighting, buy more and more and more in order to do DCA during this period and then end up with a good profit when the bull run comes because they know what they are doing.
I think waiting for positive trend news for bitcoin is usually a bit of a panic and awkward person so he needs a breath of fresh air to see the news properly before investing in large amounts,
Even if you get very positive news about bitcoin, you still need to verify it yourself. Bear in mind that there have been times when I have seen a fake uptrend that lasted only a short time this year, so make sure you account for everything if waiting for the market to recover before investing.but for me waiting for big news it will waste our time on low bitcoin while this is a good opportunity at $16k it's the right range to buy and enter as much as possible and surely a recovery will occur in the next month for bitcoin
Not really right, I think you need to be patient in terms of investment if you want to buy at a better price. Remember that DCA is most helpful to anyone looking to earn more bitcoins during a downturn. So regardless you believe this is the right time, using DCA will complete it for you.FUD will definitely continue if the FTX drama continues to be discussed in various media, this worries many investors because their funds are on hold, but remember that investors with a good mindset will take advantage of the opportunities that exist before the bitcoin price rises again to $20k in December.
No one guarantees $20K in December, so never convince anyone of that. But If you believe $20K can be reached by the end of December, then prepare yourself from now because you might make a profit later. If we already know Bitcoin for at least 2 years, we will understand the current price pattern, things like this week have often happened and most people panic and sell and then a month he said regretfully because of panic, for those who have profit goals then making the price of drop is an opportunity good for buying.
I don't suffer myself 4 bitcoin price because I know that device is something that will increase anytime you feel like to increase because some people now who is new into cryptocurrency are the one that is scared of Bitcoin price we're having experience is for long time and know that this is how become price is all about 
However, I'm bullish and expect to see Bitcoin rising at least above 20k again in December.
Currently the price recovery process will be great if more and more people are optimistic about the future of bitcoin. Were are in a very important situation right now and if no significantly bad news come in, Bitcoin is likely to keep recovering.
I have a feeling most people would probably be willing to wait for bigger news before reinvesting the big bucks in bitcoin, but for the optimists then surely now is the time. $16.8K is the current price or -75% of ATH, I believe this as an opportunity but may need to think about some strategy like DCA.
Yes, many people are still having fear and are waiting to see if the bottom is in. If such people can get confidence again, we might see 20k very quickly again. It is true that market is still in havoc caused by un-anticipated crash of FTX and people are afraid that crisis could spill over to other exchanges. This is the reason investors are reluctant to take entry despite the fact that current price is very attractive, and it seems that bottom is already in. Let's watch and wait how market plays out in the US in the evening which is likely to set the direction for coming days. DYOR
There have been rumors surrounding crypto.com and most likely the next fall after the death of FTX, things will not stop here anytime soon. AAX also just announced that it will suspend all transactions for 7-10 days to check all and restore user accounts. This is a not so prominent exchange but it has a trading volume in the top 20 on coingecko. I believe there will be a domino effect in the coming days.
The market is starting to reset the game before starting a new game in 2024, it is too early to expect a recovery from now or until the end of the year. The death of FTX is huge and there will be hundreds of other bad things to come.
However, I'm bullish and expect to see Bitcoin rising at least above 20k again in December.
Currently the price recovery process will be great if more and more people are optimistic about the future of bitcoin. Were are in a very important situation right now and if no significantly bad news come in, Bitcoin is likely to keep recovering.
I have a feeling most people would probably be willing to wait for bigger news before reinvesting the big bucks in bitcoin, but for the optimists then surely now is the time. $16.8K is the current price or -75% of ATH, I believe this as an opportunity but may need to think about some strategy like DCA.
Yes, many people are still having fear and are waiting to see if the bottom is in. If such people can get confidence again, we might see 20k very quickly again. It is true that market is still in havoc caused by un-anticipated crash of FTX and people are afraid that crisis could spill over to other exchanges. This is the reason investors are reluctant to take entry despite the fact that current price is very attractive, and it seems that bottom is already in. Let's watch and wait how market plays out in the US in the evening which is likely to set the direction for coming days. DYOR
The only thing I would like to see is that the characters behind everything (Kwon, Bankman) end up in prison and banned from the Internet for life - but as someone once said "donkeys will get wings before that happens".
Too many people just worship these guys so easily, idolise them, put them on pedestals. It's crazy to see how many people are still defending Kwon, and SBF, easier to blame Binance or other things that didn't go their way. People prefer to pile on the hopium because they got caught with their pants down cozying up to these bastards.
Know what's pointless? If they go to prison, it'll just be comfy white-collar ones where they can write books, get even more famous, have lovely chats and work on sympathy. Is it sad these crypto bad guys won't get the punishment they deserve?
This is a speculation board.
Please continue speculating! I contribute my own to this sub-thread too, it's the most fun part of the forum. Just saying, the irony is these kinds of threads actually exude FUD.
Oh and no need to edit your post. I'm not easily offended, say your worst, really. I'll be fine. Peace.
Someone who constantly offends people must not be easily offended.
Peace.
However, I'm bullish and expect to see Bitcoin rising at least above 20k again in December.
Currently the price recovery process will be great if more and more people are optimistic about the future of bitcoin. Were are in a very important situation right now and if no significantly bad news come in, Bitcoin is likely to keep recovering.
I have a feeling most people would probably be willing to wait for bigger news before reinvesting the big bucks in bitcoin, but for the optimists then surely now is the time. $16.8K is the current price or -75% of ATH, I believe this as an opportunity but may need to think about some strategy like DCA.
Yes, many people are still having fear and are waiting to see if the bottom is in. If such people can get confidence again, we might see 20k very quickly again. 
Whenever something happens with the market, it used to generate panic among the common investors. This is the reality with the market participants. Some of the users who have used to it will find it an opportunity to make revenue. Right now leading exchanges into disaster will surely create some fear.
The market progress have slowed down. Right now we need to find ways to keep our portfolio stable as any form market moves could happen in no time. Experts predicted for a price down to $10k, which could reach atleast $13k - $14k.
The market progress have slowed down. Right now we need to find ways to keep our portfolio stable as any form market moves could happen in no time. Experts predicted for a price down to $10k, which could reach atleast $13k - $14k.
But I think we are going to wait for a couple of years before we see a real recovery. All these jumps to $20-22k means nothing.
That's likely, but actually we're still very likely to jump in and hit more resistance above $20K next year. I've never had any doubts about the great potential of bitcoin, over time the price will come back strong and the demand for it will only increase. Even if I'm actually a bit panicked, but the positive side is that there are new opportunities to increase the current portfolio.Remember, Bitcoin price was almost $70k, and when I see people calling few thousand gains and start talking about recovery, makes me feel sad. Trust me, there will be more price drops in future, soon weekly $500 gains people will consider as trend change and be more than happy about it. I believe we would see more or less significant changes only when there will be more stability in economy and understanding in tomorrows day.
A drop is always possible, but I'm not thinking about a severe dump. So even if today bitcoin has discounted its price by almost 80%, but the cycle will very likely repeat itself especially as the halving draws near. Yes now it may be a tough time, but next year anything is possible and the market will come back strong. 
Currently the price recovery process will be great if more and more people are optimistic about the future of bitcoin. I have a feeling most people would probably be willing to wait for bigger news before reinvesting the big bucks in bitcoin, but for the optimists then surely now is the time. $16.8K is the current price or -75% of ATH, I believe this as an opportunity but may need to think about some strategy like DCA.
About the end of December I think $20K is very likely regardless of the various FUDs currently circulating. I believe investor optimism will get better and the market will soon recover to at least be above the 2017 ATH.
I think waiting for positive trend news for bitcoin is usually a bit of a panic and awkward person so he needs a breath of fresh air to see the news properly before investing in large amounts, but for me waiting for big news it will waste our time on low bitcoin while this is a good opportunity at $16k it's the right range to buy and enter as much as possible and surely a recovery will occur in the next month for bitcoin but I'm not sure on altcoins even though ETH and BNB are below them.About the end of December I think $20K is very likely regardless of the various FUDs currently circulating. I believe investor optimism will get better and the market will soon recover to at least be above the 2017 ATH.
FUD will definitely continue if the FTX drama continues to be discussed in various media, this worries many investors because their funds are on hold, but remember that investors with a good mindset will take advantage of the opportunities that exist before the bitcoin price rises again to $20k in December .
But I think we are going to wait for a couple of years before we see a real recovery. All these jumps to $20-22k means nothing. Remember, Bitcoin price was almost $70k, and when I see people calling few thousand gains and start talking about recovery, makes me feel sad. Trust me, there will be more price drops in future, soon weekly $500 gains people will consider as trend change and be more than happy about it. I believe we would see more or less significant changes only when there will be more stability in economy and understanding in tomorrows day.
Most likely you are right, Bitcoin is already recovering again and I wouldn't be surprised if we see 18 / 19k USD again in a few days.
But I wouldn't rule out more bad news following from FTX upheaval. Maybe Tether will finally become an issue as it has be rumored again and again. But since is didn't result in any bad news it's probably a news like "yellowstone will erupt soon" while it doesn't happen actually...
However, I'm bullish and expect to see Bitcoin rising at least above 20k again in December.
Currently the price recovery process will be great if more and more people are optimistic about the future of bitcoin. I have a feeling most people would probably be willing to wait for bigger news before reinvesting the big bucks in bitcoin, but for the optimists then surely now is the time. $16.8K is the current price or -75% of ATH, I believe this as an opportunity but may need to think about some strategy like DCA.But I wouldn't rule out more bad news following from FTX upheaval. Maybe Tether will finally become an issue as it has be rumored again and again. But since is didn't result in any bad news it's probably a news like "yellowstone will erupt soon" while it doesn't happen actually...
However, I'm bullish and expect to see Bitcoin rising at least above 20k again in December.
About the end of December I think $20K is very likely regardless of the various FUDs currently circulating. I believe investor optimism will get better and the market will soon recover to at least be above the 2017 ATH.
The only thing I would like to see is that the characters behind everything (Kwon, Bankman) end up in prison and banned from the Internet for life - but as someone once said "donkeys will get wings before that happens".
Too many people just worship these guys so easily, idolise them, put them on pedestals. It's crazy to see how many people are still defending Kwon, and SBF, easier to blame Binance or other things that didn't go their way. People prefer to pile on the hopium because they got caught with their pants down cozying up to these bastards.
Know what's pointless? If they go to prison, it'll just be comfy white-collar ones where they can write books, get even more famous, have lovely chats and work on sympathy. Is it sad these crypto bad guys won't get the punishment they deserve?
This is a speculation board.
Please continue speculating! I contribute my own to this sub-thread too, it's the most fun part of the forum. Just saying, the irony is these kinds of threads actually exude FUD.
Oh and no need to edit your post. I'm not easily offended, say your worst, really. I'll be fine. Peace.
Its already not doing that bad if you ask me. I mean sure it could have been doing better right now, we could have been 20k+ and even reach 23k by this time because we were going up a bit. However, all things considered, we went through such a rough patch for the past year, and we had so much bad news, and right now one of the biggest ever exchanges in the world went bankrupt and the CEO resigned and was questioned by the government agencies. When you consider how big of a deal that is, it's really not that shocking that we went a bit low. But even with such a huge news, we didn't low that much, we were already seeing 18k or so time to time, so we just went another thousand down and close to 17k right now, maybe a bit less.
Literally articles are flooding saying the bottom isn't here etc etc.
It's all herd mentality at play! When someone calls in the bearish move and the masses follow this market prediction ...the drop does happen unfortunately and these articles aren't helping either! The FTX thing sucked, but Bitcoin can only go so low with the amount of support it has and how integrated it has become with the banking system.
First we had mtgox now we have Ftx, why do I get this impression we have these bad players working against crypto for their own benefit... Is this a late anniversary present for us 
. And I have to agree with you on support being available at certain lows which price can't exceed as this is were the true btc supports hold their ground... but with price being at its lowest after a long time it certainly will bounce back to being bullish in no time. Stop the FUD.
FUD is a double edged sword, it can make or break our markets its about how it's used. 
I expected we’d see $13K at some point in this bear market so I think things are holding up well after this black swan event. All eyes are still on the US government BTC auction, the ETH2 coins being unlocked, and mtgox distributing their coins as this latest crisis ripples through markets. I wouldn’t be making crazy long bets here, but I think the bottom is close. You just need to close your eyes for the next year.
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