Topic: thank God for bringing btc back in 2018. - page 2. (Read 784 times)
Op made a good point, the market is still bearish and there is not any valid reason to say the bearish phase is over because of that, some people are not happy and they are worried about the price because their asset is losing its price over and over, while the people who look for a profit are gathering and buying bitcoin right now because they know the market is giving them a discount to buy bitcoin on a cheaper price while other people are panic selling they can have a chance to buy more bitcoins.
I wasn't aware of the bitcoin price around 2018, I can't attest to whether the crypto market is returning to the market of 2018 or not. The only thing I can say is that this is another given opportunity to invest in bitcoin for those that miss or encountered the 2018 bearish market. The opportunity is been thrown at you now, to invest if you can
~snipped~
While you're happy that the market is dipping so you can increase your holding, many are still skeptical going in. They see the ongoing dip as a falling knife situation. A lot of wannabe investors love quoting Warren Buffet on the need to buy when others are scared and sell when they become greedy hodling. However, they don't keep to that fundamental principle of investing. Sometimes, I don't want to go out and blame them for developing cold feet during times like that because we are often going to be scared too watching the situation life. We get wiser with hindsight.
It is just about to think that not all the time we see Bitcoin on highs, but also see huge price deductions. Might say some are happy with this dropping scenario but also some people are mad as they were in losing. But aside from these things, it also teaches us the importance of being patient as we know that not all investors and traders carry this attitude, very often they lose this as they are simply affected by FUDs.
So, we don't have to miss this chance.
So, we don't have to miss this chance.
A lot of people got rekt with Luna and FTX. No money to invest in btc anymore 
Sad story. Well, that could've at least gave them a lesson not to pour more money on alts that's been controlled by a group of people than with Bitcoin. That's a massive two in a row, and many more to come.
Bitcoin is giving us another opportunity this year to get what we're looking for in the bullrun and possible ATH.
These people who've lost their money into that altcoins might probably going to miss Bitcoin's bullrun too.
What an unfortunate turn of events lol.
usually the FOMO is triggered when the price approaches the ATH.
but in reality it is during these collapses that you have the best chance of buying cheap coins.
I would also add ... sell some shitcoins that you have accumulated "believing they were the new bitcoin" this is the best time to do some cleaning
The worst case scenario is when one sells at a price below the entry, and if you have the right frame of mind and approach you will always e fine with the Bitcoin market conditions at whatever point in time.but in reality it is during these collapses that you have the best chance of buying cheap coins.
I would also add ... sell some shitcoins that you have accumulated "believing they were the new bitcoin" this is the best time to do some cleaning
Most people believe in shitcoins to be the next Bitcoin but those coins keep falling in value constantly without any form of recovery Bitcoin has always regained its value at several points when it declines in price and Bitcoin have also made all-time high price several and when it comes to Bitcoin, I only have one advice and that is, always know when to enter the market and when to exit the market. The best form is, to buy low and sell high, so each bear market is an opportunity to buy more.
Actually with the recent event where FTX is bankrupt and the other exchange also got an impact if they hold FTT token, it doesn't effect Bitcoin price at all since it's about the exchange, not Bitcoin. But there's many stupid people who think Bitcoin isn't safe and then sold it blatantly, this make a short dump due to panic. Sooner Bitcoin would recover from this short dump.
There is always people like that and things like exchange bankruptcy is always a thing to take care about. It creates massive panic and people will follow the panic track to make it even worse. We don't know if Bitcoin price will slowly crashing despite this exchange's problem but it does create a huge news this month and it may affect something in the future.We were at around 21k for a while, short period like maybe few hours and then we crashed under 17k and that’s it, that was the reaction. There is no reason for it to be like 14k or lower or something like that because we already showed all that we wanted to show as a reaction.
A lot of people got rekt with Luna and FTX. No money to invest in btc anymore
It seems that the people who are stuck on these two coins are just people who want to get many times the money in a fast way. It is undeniable that it is a good choice at the beginning but not at the end. Regret will always come too late, make it an experience in investing in crypto and don't let it happen again. The right investment is only in Bitcoin, I myself managed to save a hundred thousand satoshi every week, the amount is not big but if we get used to it it will be easy. 
I wish the price were somewhat higher, but I don't feel particularly sad about the current price either. It doesn't shake my confidence in Bitcoin, and I hope I'll be able to hodl through the market, at least some of what I have. Of course, when the price is low for a many months, it leads to some fatigue, but I don't think it will be easy to repeat the concerns of the bear market of 2018-2019 because when Bitcoin finally recovered from that, it demonstrated that very impressible comebacks are still possible. The cause of the drop is unfortunate, though, as it's unclear how much the FTX victims will actually be reimbursed and when.
A lot of people got rekt with Luna and FTX. No money to invest in btc anymore
I think a real Bitcoin enthusiast wouldn't ever want to buy shitcoins since it's centralized and they wouldn't leave their coins on centralized exchanges since no one should trust third party. I think with LUNA and FTX case, everyone should realized there's no shortcut to make money and you're shouldn't be greedy to save few dollar just to avoid miner fees to send into your non custodial wallet.Although I don't have much money to buy Bitcoin, but I still hold most of my money in Bitcoin until now.
A lot of people got rekt with Luna and FTX. No money to invest in btc anymore
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Fair price? there's no such fair price or fake price in Bitcoin since no one can control or manipulate it!
I assume this fair price means that they can afford to invest. But I do agree there is no such thing such as "stable" price in Bitcoin because it's so easy to manipulate it and everyday we may see significant price different than before. 
there are many people cheering at the current price, and preparing to fill their wallets, because this is already a fairly low price, but for holders who have bitcoins above the current price they have to be extra patient waiting for btc to go up again or get a small profit at their last price buy
Sure, it is an opportunity to capitalize and add more Bitcoin and other coins to our portfolio, but consider how this situation may affect Bitcoin adoption; many people are beginning to think differently about Bitcoin, particularly those who accepted Bitcoin late in the hopes of profiting quickly. The crypto market is currently unfavorable to most people, which is why many people believe Bitcoin is nearing its end. We had hoped that the market would return to normalcy at the beginning of this year, but now that we are nearing the end of the year, Bitcoin price is declining.
The situation when people were disappointed in bitcoin happened many times, it would be time to get used to it. But you are right, when bitcoin starts to fall and this continues for several years, then people starts talk, that the price will never rise again and so on. But each time it happens at a higher price, each time the bottom gets higher, and this is a sign that bitcoin will continue to rise in the long term, you need to learn to see the whole picture. 
Fair price? there's no such fair price or fake price in Bitcoin since no one can control or manipulate it!
I assume this fair price means that they can afford to invest. But I do agree there is no such thing such as "stable" price in Bitcoin because it's so easy to manipulate it and everyday we may see significant price different than before. Actually with the recent event where FTX is bankrupt and the other exchange also got an impact if they hold FTT token, it doesn't effect Bitcoin price at all since it's about the exchange, not Bitcoin. But there's many stupid people who think Bitcoin isn't safe and then sold it blatantly, this make a short dump due to panic. Sooner Bitcoin would recover from this short dump.
There is always people like that and things like exchange bankruptcy is always a thing to take care about. It creates massive panic and people will follow the panic track to make it even worse. We don't know if Bitcoin price will slowly crashing despite this exchange's problem but it does create a huge news this month and it may affect something in the future. I will be happy if btc goes back to 2016! golden days, I would not make the same mistake again (it will never happen) 
. Now is the right time to take the advantage of the discount price.
. Now is the right time to take the advantage of the discount price.It would be a disaster for others who bought at a high price but for us, that is buying for bitcoin; then it would be gold! I will also not make my mistake again, whatever I will do to buy it. But based on what I saw and the experts' analysis, it's difficult to reach, as it is very low from today's price. We can still purchase it now, no matter if it's just a small value; at least we bought it, and it would accumulate over time.
I will be happy if btc goes back to 2016! golden days, I would not make the same mistake again (it will never happen) . Now is the right time to take the advantage of the discount price.
Sure, it is an opportunity to capitalize and add more Bitcoin and other coins to our portfolio, but consider how this situation may affect Bitcoin adoption; many people are beginning to think differently about Bitcoin, particularly those who accepted Bitcoin late in the hopes of profiting quickly. The crypto market is currently unfavorable to most people, which is why many people believe Bitcoin is nearing its end. We had hoped that the market would return to normalcy at the beginning of this year, but now that we are nearing the end of the year, Bitcoin price is declining. . Now is the right time to take the advantage of the discount price.
Fair price? there's no such fair price or fake price in Bitcoin since no one can control or manipulate it!
Actually with the recent event where FTX is bankrupt and the other exchange also got an impact if they hold FTT token, it doesn't effect Bitcoin price at all since it's about the exchange, not Bitcoin. But there's many stupid people who think Bitcoin isn't safe and then sold it blatantly, this make a short dump due to panic. Sooner Bitcoin would recover from this short dump.
With all the fallout from what had happened in the past week and recent news surfacing with all the fraud and buyouts of government officials whom still reside at their positions, I am quite surprised how it held up to all the selling pressure on the markets.Actually with the recent event where FTX is bankrupt and the other exchange also got an impact if they hold FTT token, it doesn't effect Bitcoin price at all since it's about the exchange, not Bitcoin. But there's many stupid people who think Bitcoin isn't safe and then sold it blatantly, this make a short dump due to panic. Sooner Bitcoin would recover from this short dump.
It got me really thinking on why things like this affected it's price in the first place.
These are exchanges of cryptocurrency and shouldn't be dependent on if they exist or not.
Making use of the circumstance is Not bad, investing in bitcoin is not for the faint of heart. The best advice is to never sell, regardless of what happens. There is speculation that bitcoin will continue to decline, and the way things are going right now—with Luna crashing and other recent events—more is still to come, the game is still for the brave. This is just a re-occurrence is just another open window to accumulate as you can it will be a Big Bang in the future.
If you are faint hearted person then came into bitcoin without bringing up some good knowledge then for sure you lose your money here because volatility is fast and all movements is unpredictable. But if you try to get more knowledge and always base your trade on charts or anything which you can correlate on events you might have good weapon to earn here. People need to consider always learn new things everyday on trading because there are so many changes on bitcoin in daily basis.
Those who don't know the importance of bear would keep panicking of the price dip while those who really wants the bear market to show up will always sees it as a golden opportunity to correct their mistake to fill their bags back since they already missed the previous move of bitcoin and I know they are preparing for the next bull race to come. Most at times we felt BTC will hardly hit to a new ATH when it was less $10k but today we all surprised to see a stumbling ATH of +$68k which this has given us more hope to even witness another to come keeping all eyes at $100k.
Always utilized all Golden opportunity given as you may not have it again.
Always utilized all Golden opportunity given as you may not have it again.
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