This isn't the first time the dip has happened - page 2.

famososMuertos

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LE ☮︎ Halving es la purga

Quote from: BrotherMencius on May 18, 2021, 06:37:48 AM

Thanks for posting this. I started buying bitcoin around it's highest point, so I'm feeling pretty silly now.

I definitely intend to HODL. I truly believe bitcoin is my best shot to be able to own a house without the bank owning me until I'm dead.

If you are trying or going to stay hodl, it is not so stupid, rest assured do the right thing, it is your money. We are in this life to make decisions and those that have to do with bitcoin are always special, regardless of the result they are a great experience.

Regarding your expectations, you are +18, we must know what we do, just inform yourself well the high expectations with bitcoin are usually medium term, but even the term "medium term" is uncertain because for me they are like 10 years for others it is a month and for some it is only days, so do your plan of action well.

Chathusand

jr. member

Activity: 643

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The crypto market, in particular, must be steady or it would rise and fall. Pump dumps occur often in the economy, there is no need to be concerned. The reason for the decline is that the market will rise again. This is an excellent chance to hang on to large profits in the market as a result of the negative impact, many vendors are selling their currencies for which the rates have begun to decline.

mrongoz22

sr. member

Activity: 518

Merit: 250

LIVECASINO

This is not the first time there has been a decline in bitcoin, that's for sure so for all of us bitcoin lovers, don't panic, bro, it's just a matter of time, bro, because last year there was the same problem. ..
so this is the time for us to collect bitcoins ..

Slow death

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Leading Crypto Sports Betting & Casino Platform

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

Sanugarid

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★Bitvest.io★ Play Plinko or Invest!

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.

yangpu

newbie

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I bought it at the dip，my belief now is just buy and hold
i believe years later，it will be a staggering price

decodx

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🇺🇦 Glory to Ukraine!

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

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 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.

People usually do not buy it at this time because they think it is a speculative asset. Many think about the bitcoin bubble and they conclude that there is no point to keep bitcoin for a long time. However, that is not true. Bitcoin still has great potential and it can grow further in the future.
Meanwhile, many bitcoiners realize that although the bitcoin price will go down temporarily, they know that the potential is still quite big for the future. Many investors are now looking for long-term investment opportunities in Bitcoin, and it's not a bad idea to get in right now as there's still a lot of room for it to grow.

Golftech

hero member

Activity: 2128

Merit: 520

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

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 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.

Karish2return

member

Activity: 252

Merit: 11

Yes off course I have seen it first time in my life .
.. thats why it is going down and down.... I think it should be for some time then after it will come back to its original position... This is my opinion but I don't even think about others...

MCobian

full member

Activity: 1190

Merit: 117

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 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.

Mr.sprin

full member

Activity: 1554

Merit: 129

Buzz App - Spin wheel, farm rewards

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.

KaliLinux

hero member

Activity: 1344

Merit: 565

This market has different dynamics to it, there are some that sold off during the beginning of the dip but not for panic but to take advantage of the reset market and get more if you don't understand this for this dip and sold off thinking and afraid if the market will come back again, then those probably are no true Bitcoiners.
This is a good position to get more but I am kinda selfish hoping to see some more dips Grin

to even get a bigger potion.

rodskee

full member

Activity: 2576

Merit: 205

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

I believe that this is not about a tweet of a single person because there are other new that comes out who's the reason for the continues lose of support for Bitcoin and of course the affected altcoins.

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.

Pandji02

full member

Activity: 902

Merit: 101

This isn't the first and isn't last. Only new hodlers are in panic. We've been here many times. And we now what to do!

chshlo1

newbie

Activity: 32

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It's been a bad week. Only by coming to the forum can I regain my lost courage.

Mpamaegbu

legendary

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Merit: 1225

Once a man, twice a child!

Truth remains that this isn't even going to be the last time the market will dip after an enviable rally. Also, it isn't going to be the last where those who regretted not buying before the last rally will still not buy at a time of a dip. Humans are like that. They will wish they were already in before the take off and then become skeptical buying in during a crash, believing it's a falling knife situation. Of course, those who trade will tell you of the need for Bitcoin to have built up support momentarily as it journeys up. No support with a major push up is a recipe for a huge crash. This is what is being experienced fuelled by Elon's tweets and the FUD from China. TA (Technical Analysis) needs FA (Fundamental Analysis/News) to achieve its reach.

Bitcoin will be fine after this. It's just a passing phase.

Issa56

hero member

Activity: 1484

Merit: 928

I started cryptocurrency few years ago and we have faced lots of challenges we are definitely use to dump this is not our first dump and we are not suprise or discourage, I just want everybody to hold any coin they are having and not to be scared to sell off at lost most especially the newbies that are new in Cryptocurrency or that have not hard this kind of experience before. Just hold your coin and have patience with time the market is going to bounce back.

serjent05

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Get $2100 deposit bonuses & 60 FS

Quote from: lifeforcepools on May 18, 2021, 02:38:30 AM

Of course, this is not the first time. But I don't understand why many people start to panic about this. The price will rise again over time.

It's money so people will always panic when they see their holdings crashing down. Aside from that, there are lots of new hands in the scene (the reason for Bitcoin surging to new ATH) and most of these new holders had never experienced the true volatility of Bitcoin so being their first time, many of them panic sell. They FOMO buy when the price is at the top and easily shaken when the price is down.

isaac_clarke22

sr. member

Activity: 1610

Merit: 264

Quote from: ethereumhunter on May 22, 2021, 06:19:55 AM

~

Many are not used to the volatility, that's why.
Let them sell whenever they want, it should surely bring down the price a bit but that's an opportunity for all of us to buy more and take theirs.
I wonder how many regretted selling all their BTC back in 2019 when it dipped in 3k then saw that it is now above 30k+. Imagine that people if you sell right now, what would people think that will panic in the late times when BTC managed to get around 70k when its ATH was 100k.

Floors is getting higher, don't you all think?

KryptoKings

hero member

Activity: 854

Merit: 506

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

Bitcoin has been declared dead many a times in the past and it always bounce back. This time too, it will go up again to new level.
BTC and crypto market is highly volatile, just a small or big negative news can crash it.
We need more and more people to understand that panic selling is only going to hurt them. If they want to make profits in crypto, always hold when price are falling.

Topic: This isn't the first time the dip has happened - page 2. (Read 885 times)