This isn't the first time the dip has happened - page 4.

dunfida

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People arent still experienced to be still in shocked on these kind of times. Grin

For new people then its understandable for them to get shocked

but for older ones then its odd that they arent still get used to it.Instead of panicking then better see this as an opportunity or chance to buy low price coins
in the market and make profits when it starts to recover.

Twinkledoe

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Quote from: Mahanton on May 21, 2021, 04:38:06 PM

Quote from: kawetsriyanto on May 21, 2021, 04:24:29 PM

Yeah, this is not the first time so far. However, during this bullish period, that was probably the biggest dip so far.
It will depend on us, there are holders and also traders. Everyone will have their own strategies and conditions. For holders with spot balances, it is no matter experiencing a dip market, only impact on the decreased value convert of the balance. However, for the daily traders, moreover, for future traders, it will give a very high impact by losing more and more money with this dip. Hopefully, this bullish era is not ended yet and the bearish is not coming yet.

This is the situation on where people would have their own reactions and the plans that they had set out in times where crashes and dips do happen into this market.
It is true thatt this one is the most deepest correction so far for this year after on having a good bullish run that had started in last years and its anticipated
actually because we cant just see a market that would have continous rise and you would expect for those fuds and negative news or sentiments that
would just pop out and just trying to make the market wayback lower.So actions will vary into each of everyone.

The reaction varies as it depends on how they invested their funds on this market. For example, if they bought btc at a higher price, definitely they are worried about what will happen next but for those that bought at a cheaper price, lower than the current price, they may be thinking of cashing out while they are still in profit or just wait a lil bit when the market is going up again. But for those that took loan, this is a terrible situation for them. The crash is always here in this market, but no one can warn you as no one has the crystal ball to know the future.

Mahanton

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Quote from: kawetsriyanto on May 21, 2021, 04:24:29 PM

Yeah, this is not the first time so far. However, during this bullish period, that was probably the biggest dip so far.
It will depend on us, there are holders and also traders. Everyone will have their own strategies and conditions. For holders with spot balances, it is no matter experiencing a dip market, only impact on the decreased value convert of the balance. However, for the daily traders, moreover, for future traders, it will give a very high impact by losing more and more money with this dip. Hopefully, this bullish era is not ended yet and the bearish is not coming yet.

This is the situation on where people would have their own reactions and the plans that they had set out in times where crashes and dips do happen into this market.
It is true thatt this one is the most deepest correction so far for this year after on having a good bullish run that had started in last years and its anticipated
actually because we cant just see a market that would have continous rise and you would expect for those fuds and negative news or sentiments that
would just pop out and just trying to make the market wayback lower.So actions will vary into each of everyone.

kawetsriyanto

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Yeah, this is not the first time so far. However, during this bullish period, that was probably the biggest dip so far.
It will depend on us, there are holders and also traders. Everyone will have their own strategies and conditions. For holders with spot balances, it is no matter experiencing a dip market, only impact on the decreased value convert of the balance. However, for the daily traders, moreover, for future traders, it will give a very high impact by losing more and more money with this dip. Hopefully, this bullish era is not ended yet and the bearish is not coming yet.

verita1

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As a matter of course, bitcoin price corrections create uncertainty for investors. There are those who love money and invest in bitcoin for money. others who believe in decentralization and the benefits that the future of decentralized finance brings.
Let's keep the idea that if we don't sell we don't lose. If we believe in decentralization we must maintain our goals towards the future of bitcoin. Bitcoin remains strong in the market with 42.3% dominance.

sapnu

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Many people should understand it that such dips and corrections are required for bitcoin so it should be expected to happen every once in a while. Now, if you are being influenced by that guy's manipulations and spreading of FUD, you have all the freedom to sell all of your holdings. Bitcoin will soon bounce back and everything will return to normal, those who chose to hold may benefit and those who chose to panic sell will regret. The market will soon recover so the best option right now is to wait and be patient, stay faithful to bitcoin if you want the best in the future.

Freezingel

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True, people are getting influenced by someone's tweet or words way too much. This is not the first time the dip has happened, and we should have learned from the previous incident, and do better this time. Why don't we put more trust into bitcoin and don't let those words make the market fall? No need to do another panic selling, we all know it will only lead to ruin. People should keep believing and hodl. Things will be better soon.

AakZaki

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zknodes.org

The price decline like this is not the first time, in fact it is not that bad. at the end of 2017, the decline in bitcoin was very bad, even the worst decline of bitcoin existed.

There is no need to panic about a bear market like this. It is time to buy and fill the bag with potential coins. panic will only do harm. if already bought at high price, just need to hold it.

Twinkledoe

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Quote from: gribalenfeksiyon on May 20, 2021, 06:32:53 PM

In this market, dips are something everyone should experience. They need to see that this market is not just about ups and downs and coins that are constantly increasing in price. Investors who do not know these will have difficulty understanding this market. People who do not know this anyway think that the market is a fraud and withdraw from the market. In order for people to be informed, they have to experience and learn everything in this market. this is not a market where hearsay information is invested.

Even in the regular trading market, there will always be ups and downs. But with crypto, the ups and down is quite more drastic in nature. And it is true, for those that are new to this market and they haven't experienced this kind of up and down movement, they will have a different perspective on this market. And some will give up and leave as they can't keep up with the emotional ride that they will experience here.

Distinctin

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As long as the market remains decentralized, we absolutely have to see and experience this all the time. But talking about HOLDing, it gonna be depending on the situation and I don't suggest people do this always. It is sometimes we have to sell because that is the only way we can generate profit and don't become a victim of false hope as not all the time the price is high while dumping is inevitable.

Asuspawer09

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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 mean Bitcoin is still up this year up to 300% so it's not obviously expected to have this correction in the market, I just can't imagine bitcoin dropping its market price so much.

Even at bare market maybe it will not even drop below 20k$ because there are so many investors these days compared to the past months or years, so for sure we could expect a slightly different deep compared to what happened in 2018 where it drops to 3k$ from around 20k$, so if you think about it that's a high percentage drop but I don't think that's gonna happened these time.

Big opportunity when the market price drop, I just buy some potential altcoins, I didn't buy bitcoin because I want to generate a big profit so I invested more in potential altcoins.

gribalenfeksiyon

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In this market, dips are something everyone should experience. They need to see that this market is not just about ups and downs and coins that are constantly increasing in price. Investors who do not know these will have difficulty understanding this market. People who do not know this anyway think that the market is a fraud and withdraw from the market. In order for people to be informed, they have to experience and learn everything in this market. this is not a market where hearsay information is invested.

Hypnosis00

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Quote from: mamiko on May 20, 2021, 05:53:43 PM

These declines were not the first and will not be the last. Of course, an investor who has spent time in this market knows these. The real investor is the person who stays in this market during the bear season and the bull season and seizes the opportunities. As people who believe in bitcoin, I am not worried about the dips in this market and I evaluate them. Denigrating bitoin in the fall is just manipulation and ignorance.

Indeed, it was a common scenario that we have to experience but I just wonder why many people still understand this but they keep blaming others as the reason for the dip. Many of them are probably selling their holdings now, they are quite panicking at this time when seeing a huge market decline. But above all these things this gives an opportunity for the whales and some investors to take advantage of the market while many were dumping their cryptos.

Many are waiting for this moment to time and we have noticed that the price easily recovers as this because the buying demand goes high right after the dip. I think that many had taken the opportunity helping the situation to get back in a shorter time than what we expected.

mamiko

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These declines were not the first and will not be the last. Of course, an investor who has spent time in this market knows these. The real investor is the person who stays in this market during the bear season and the bull season and seizes the opportunities. As people who believe in bitcoin, I am not worried about the dips in this market and I evaluate them. Denigrating bitoin in the fall is just manipulation and ignorance.

ipanks

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Quote from: UserU on May 19, 2021, 07:48:15 AM

Quote from: iTradeChips on May 19, 2021, 07:17:05 AM

For me, this is a good time for me to be able to buy coins in the dip. Of course, I need to wait first until the dip stabilizes and we could be able to detect if there would be no further dip. But the volatility is very unpredictable right now so we have to be careful. Anyway, to those who are good at looking at charts maybe you can also share us your thoughts as to how low this dip might reach. Would it go back to 10k? Do you think that we might be seeing the worst of Bitcoin?

No one knows where it would stabilize but just DCA to be safe. In case you see the green candles before pulling the trigger, the feeling of regret not entering earlier might haunt you Grin

Indeed. We know that the bottom is when the big red candle appears at the market, but we never know when the bottom will come. We can only predict without knowing the right answer but from that prediction, we can prepare to buy bitcoin at a low price and hopefully, that is the bottom for bitcoin price so we can hold it after we bought it. We never know if $10k will be the next bottom of bitcoin, but we do not want to see that price this time. But if that is what will happen later, then we can not do anything except buying bitcoin at that price.

online73

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There have been many such price drops, but there will be even more of them. And no matter how much the cryptoguru is called to treat this with a cold mind, some stress is still experienced. Although I sold all of the cryptocurrency a couple of weeks ago, I am also haunted by such price shocks. Of course, there is no plus without a minus, there is no rise without a fall, so I just wish everyone good luck and that on such price drops we earn more, not lose.

Oasisman

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Quote from: iTradeChips on May 19, 2021, 07:17:05 AM

For me, this is a good time for me to be able to buy coins in the dip. Of course, I need to wait first until the dip stabilizes and we could be able to detect if there would be no further dip. But the volatility is very unpredictable right now so we have to be careful. Anyway, to those who are good at looking at charts maybe you can also share us your thoughts as to how low this dip might reach. Would it go back to 10k? Do you think that we might be seeing the worst of Bitcoin?

Man, its hard to detect the bottom price. It's always a good strategy to gradually accumulate Bitcoin while it keeps on declining.
$10,000 might be so deep, but who knows. We are speculating anyway.
Bitcoin is currently down big and is trading at $33,000. So, that means it's consider a good buying price considering the $63,000 ATH, and that's a 50% price pullback.
But then again, accumulate gradually.

Kong Hey Pakboy

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Quote from: iTradeChips on May 19, 2021, 07:17:05 AM

For me, this is a good time for me to be able to buy coins in the dip. Of course, I need to wait first until the dip stabilizes and we could be able to detect if there would be no further dip. But the volatility is very unpredictable right now so we have to be careful. Anyway, to those who are good at looking at charts maybe you can also share us your thoughts as to how low this dip might reach. Would it go back to 10k? Do you think that we might be seeing the worst of Bitcoin?

I agree, I do plan to buy but currently I don't nhave money to do it and most of what I own are in bitcoin and Ethereum and some alts sprinkled around, I am waiting for my other alts to bloom before I can buy some more bitcoin and hopefully I can get in the market while it is still this low.

UserU

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Quote from: iTradeChips on May 19, 2021, 07:17:05 AM

For me, this is a good time for me to be able to buy coins in the dip. Of course, I need to wait first until the dip stabilizes and we could be able to detect if there would be no further dip. But the volatility is very unpredictable right now so we have to be careful. Anyway, to those who are good at looking at charts maybe you can also share us your thoughts as to how low this dip might reach. Would it go back to 10k? Do you think that we might be seeing the worst of Bitcoin?

No one knows where it would stabilize but just DCA to be safe. In case you see the green candles before pulling the trigger, the feeling of regret not entering earlier might haunt you Grin

michellee

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I agree with @OP. We do not need to panic if the price is down because the price will be back to the high price, although it takes longer to see the price start increase. We need to believe that bitcoin can increase so high and the correction is not a problem to us. We can use the time to buy bitcoin as much bitcoin as we can when the price is down. But many people afraid to see the bitcoin price still going down and they think that the price will drop too deep.

Topic: This isn't the first time the dip has happened - page 4. (Read 885 times)