This isn't the first time the dip has happened

UserU

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Quote from: Kez1817 on May 24, 2021, 06:30:24 PM

If you really understand how the crypto market works, you won’t be surprised at what happened today because bearish and bullish seasons have happened many times. Don't think negative on the situation like this, instead take it as an opportunity to buy. Complaining about the market situation will not help you earn.

It's a neverending cycle. Veterans won't bat an eyelid, or scramble to enter while newbies will panic because of the volatility. Years to come, the then-newbies are the veterans and a fresh wave of newbies panic and they do the same thing ;P

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Quote from: Sanugarid on May 23, 2021, 07:47:51 AM

Quote from: ConnerDalfino on May 18, 2021, 02:10:19 AM

The market corrects whenever it reaches the point where people are buying and selling based on tweets. Those corrections didn't matter a year or two later. Bitcoin is bigger than any individual or corporation. How many posts have we made where we "should have bought" something for $200 or $1,000? Is it really $3000? a thousand dollars?
These dips don’t matter, either you believe in bitcoin long term or you don’t. And if you're going to sell anything based on one man's tweets, you might as well purchase something else.

HODL

Exactly, holding your BTC is the best thing to do for now and just add more whenever massive or small dips happened. Only people who're still new on how investment in cryptocurrency works panic sell and exaggerate things. If you're into a long-term goal then massive dips don't really matter at all since we're looking forward to its value in the future.

Do I have any other options than to Hodl? NO I never bother for a while during the massive dumping I left my BTC in my wallet with a stern belief that the price will recover having been in the crypto for almost five years and I witnessed some price corrections and recoveries even in the wake of covid-19 restriction last year the price of bitcoin crashed and recovered to attain a huge price mark of $60K this is quite massive it is obvious that price recovery had already started.

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Yes it is not the first time that this dip happened, from time to time market has been up and down, there is no permanent value, there is a constant change that is what you have to adjust also your mind and your heart about it, or else you will get disappointed, chance are you will give up and withdraw and your profit will be wasted. and so take this time to buy and hold for the future use and hopefully for bigger profit.

ropyu1978

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Quote from: Kez1817 on May 24, 2021, 06:30:24 PM

If you really understand how the crypto market works, you won’t be surprised at what happened today because bearish and bullish seasons have happened many times. Don't think negative on the situation like this, instead take it as an opportunity to buy. Complaining about the market situation will not help you earn.

I also agree with my friends, this has become a common thing, decreasing prices is a common thing, we don't have to panic, if we are afraid of a price decline, other people will take advantage of it. , because I'm sure after red there will definitely be green `` that's what happened like last year ''

Kez1817

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If you really understand how the crypto market works, you won’t be surprised at what happened today because bearish and bullish seasons have happened many times. Don't think negative on the situation like this, instead take it as an opportunity to buy. Complaining about the market situation will not help you earn.

Kasabus

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Quote from: Ziskinberg on May 24, 2021, 09:07:52 AM

A countless times that we experience these corrections, in fact, there are times that we become doubted if the market will have the chance to recover or not. But all of these struggles and difficulties have been conquered and win. That is why every time the market turns like this people already know what to do, instead of getting panic and start selling, many of them manage to hold and patiently waiting for the recovery. People haven't become hopeless, they even give more trust to crypto as they think that this is reliable, not a scam thing as many people think this before.

If you invested in crypto in the early years, you will definitely understand how bearish and bullish season works. Now that we are bearish, people should always look the positive side and not being negative minded just like losers do. This dump season has happened several times and of course this is not temporary. Just keep on holding your coins to avoid losses and those who have enough funds to start buying in this dip, this is the best time for it.

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Quote from: taufik123 on May 23, 2021, 05:24:05 PM

Quote from: MCobian on May 23, 2021, 04:09:12 PM

In situation right now, it is better to buy Bitcoin than to sell Bitcoin, because Bitcoin is a very good asset in the long term. We ourselves must
ultimately have the courage to make decisions, if our decisions are right, such as when buying Bitcoin at a low price, then can patiently HODL
Bitcoin until the price goes up. Then it will indeed be able to get a large amount of profit, so right now our trust in Bitcoin is being tested.

buying bitcoin for now is indeed the right time, but it should be noted that currently the crypto market price is crashing, pay attention and wait until the price will drop so you can get a deep price. Having a reserve fund at this time would be very good.
to enter into altcoins is still very risky.

I was very happy to have bought Bitcoin a few days ago at the price of $ 32k, and now the price of Bitcoin is starting to go up to the price of $ 38k.
Hopefully in the near future Bitcoin can rise again above the price of $ 40k, if that happens then besides my decision to buy Bitcoin right when
the price is low. I can also profit in the short term from Bitcoin. Regarding altcoins, it is very risky to enter now, but if we buy top altcoins it should
be safe.

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Quote from: Viscore on May 23, 2021, 05:42:30 PM

If you think that bitcoin price is already in its dip, then start buying now. You will gradually be making profits in the future if you hold it for long term. With altcoins, i think there's always a high risk in choosing altcoins to buy right now because we know exactly that altcoins even if its still in bullish season, since the fundamentals is not that strong so there are high chances that its prices will suddenly drop particularly if we end up buying shitcoins. So make sure to DYOR everything before taking buying decisions.

buying in stages is a good decision. but what needs to be considered is managing the capital owned. indeed there will always be risks, especially in altcoins, because altcoins are currently not doing well. stay away from shitcoin for now is also important, don't get into shitcoin.

Bitcoin and some of the top altcoins are great choices. bearish persistence and FUD still spread. prepare your funds to buy cheap. All risks are the responsibility of each.

Ziskinberg

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A countless times that we experience these corrections, in fact, there are times that we become doubted if the market will have the chance to recover or not. But all of these struggles and difficulties have been conquered and win. That is why every time the market turns like this people already know what to do, instead of getting panic and start selling, many of them manage to hold and patiently waiting for the recovery. People haven't become hopeless, they even give more trust to crypto as they think that this is reliable, not a scam thing as many people think this before.

hannahB4

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Like you claim, this is not the first time dip happens but this is actually the first time it will be as a result of one man's claim who actually believed and later said otherwise and the effect of the tweet will be as enormous as what we are experiencing now. Things like this cannot be far-fetched just waiting for the outcome of all this on him.

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Quote from: Slow death on May 23, 2021, 07:48:57 AM

Quote from: rodskee on May 23, 2021, 03:21:00 AM

But what you said is perfectly correct, If you are not ready for this kind of situation then you are investing in the wrong place..This is Volatile market and weak hands does not belong here.

the price reached $60,000 thanks to the twitter of elon musk and now the price has dropped to $35000 thanks to the twitter of elon musk, there is no way for people not to panic and sell bitcoin when they realize that there is a man who can when he wants make the price go up a lot and then make the price go down a lot, anyone panics and sells. what is happening in that market is something abnormal and dangerous. I lost $80 in a few minutes

Since Elon first experimented on Dogecoin, he had a better understanding of how to manipulate the price of Bitcoin with his tweets to his benefit. Come to think of it, I would probably have done the same if I were in his position...

No, I wouldn't do that! The crypto community is too important to me to take part in such a thing. Wink

peter0425

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Quote from: ?? on ??

This isn't the first time. Exactly. Then why are people still panicking?

because this concerns their money and you can't blame them. One at a time people realizes but until all realized that there will still panicking that happen time after time so be mind of that.

Quote from: ?? on ??

Old users were very calm, and some half-knowledgeable users began to panic. We must be firm and believe in our convictions.

Wish all users are Old users but it is not, there are many that enters every now and then and their beliefs are far different from oldies .

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Most of us were here when the correction of 2018 happened so we already have knowledge on how to react and what to do when these kinds of corrections happen. I don't want to call it a crash or decline, for me this is totally normal reaction of the market. People like billionaires and celebrities have been hyping the coins too much that the market reacted when the price has been too much high and then the same people starts throwing crap to Bitcoin and cryptocurrency in general. Chill people, this is not over yet.

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Quote from: Mr.sprin on May 23, 2021, 04:00:34 AM

It's time to hold back, don't panic when prices go down, make sure all of this will recover to normal, many panic and sell their assets at times like this but they will regret it when they see the market has started to recover like my experience in 2018, I don't want that bad experience to repeat itself.

If you can afford to get nothing for how many years of holding, then continue to hold but for us who wants profit and given the chance already, I take this anyway. I sell not because I was in panic or like to say I was a weak hand, not it is not. There is another reason why people did this because, for me, I only take the opportunity where I can make a profit which is that will be our goal, we can't deny that right?
If you are not selling, that was your choice but you can't stop people from doing what they think is right.

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Quote from: Ruvi2000sew on May 23, 2021, 06:20:13 PM

People aren't used to being stunned in these types of circumstances. smirk It is understandable for newcomers to be taken aback. However, it's odd that the older kids haven't gotten used to it yet. Instead of panicking, see this as an incentive to buy low-cost coins in the market and prosper as the market begins to rebound.

When they do deal into this market then they should really be getting used to it because these movements are just typical or ordinary days here on crypto market.

Normal reaction for someone who had just recently get in into this market but as they gain experience and awareness then this one wont really be bothering you anymore

but there are really instances where crashes could really put you into that unease feeling which is unavoidable but due to experience you can handle it.

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People aren't used to being stunned in these types of circumstances. smirk It is understandable for newcomers to be taken aback. However, it's odd that the older kids haven't gotten used to it yet. Instead of panicking, see this as an incentive to buy low-cost coins in the market and prosper as the market begins to rebound.

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pero es un problema que elon mask sea capas de mover el precio, no les parece?

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Quote from: taufik123 on May 23, 2021, 05:24:05 PM

Quote from: MCobian on May 23, 2021, 04:09:12 PM

In situation right now, it is better to buy Bitcoin than to sell Bitcoin, because Bitcoin is a very good asset in the long term. We ourselves must
ultimately have the courage to make decisions, if our decisions are right, such as when buying Bitcoin at a low price, then can patiently HODL
Bitcoin until the price goes up. Then it will indeed be able to get a large amount of profit, so right now our trust in Bitcoin is being tested.

buying bitcoin for now is indeed the right time, but it should be noted that currently the crypto market price is crashing, pay attention and wait until the price will drop so you can get a deep price. Having a reserve fund at this time would be very good.
to enter into altcoins is still very risky.

If you think that bitcoin price is already in its dip, then start buying now. You will gradually be making profits in the future if you hold it for long term. With altcoins, i think there's always a high risk in choosing altcoins to buy right now because we know exactly that altcoins even if its still in bullish season, since the fundamentals is not that strong so there are high chances that its prices will suddenly drop particularly if we end up buying shitcoins. So make sure to DYOR everything before taking buying decisions.

taufik123

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Quote from: MCobian on May 23, 2021, 04:09:12 PM

In situation right now, it is better to buy Bitcoin than to sell Bitcoin, because Bitcoin is a very good asset in the long term. We ourselves must
ultimately have the courage to make decisions, if our decisions are right, such as when buying Bitcoin at a low price, then can patiently HODL
Bitcoin until the price goes up. Then it will indeed be able to get a large amount of profit, so right now our trust in Bitcoin is being tested.

buying bitcoin for now is indeed the right time, but it should be noted that currently the crypto market price is crashing, pay attention and wait until the price will drop so you can get a deep price. Having a reserve fund at this time would be very good.
to enter into altcoins is still very risky.

MCobian

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Quote from: Golftech on May 23, 2021, 05:18:43 AM

Quote from: MCobian on May 23, 2021, 04:17:06 AM

Quote from: Mr.sprin on May 23, 2021, 04:00:34 AM

~

If we panic to see the Bitcoin price fall deep enough right now, it will only hurt us. Because Bitcoin prices have often fallen, even the worst happened
in 2018, but in the end Bitcoin always managed to recover again. That's right, don't let our bad experiences in 2018 happen again, we must be able
to learn from every experience we have experienced. The best step we have to do now is that we have to HODL our Bitcoin until the price recovers
and that does require patience.

Keep buying while the price still cheap and never to look for short term goal it will really hurt your investment

if you don't have the right management of your asset, those who managed to buy last year and wait after this

year are good example of patience being used and rewarded by huge amount of profits.

In situation right now, it is better to buy Bitcoin than to sell Bitcoin, because Bitcoin is a very good asset in the long term. We ourselves must
ultimately have the courage to make decisions, if our decisions are right, such as when buying Bitcoin at a low price, then can patiently HODL
Bitcoin until the price goes up. Then it will indeed be able to get a large amount of profit, so right now our trust in Bitcoin is being tested.

Topic: This isn't the first time the dip has happened (Read 878 times)