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Topic: This isn't the first time the dip has happened - page 5. (Read 879 times)

hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
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?
sr. member
Activity: 1120
Merit: 272
First 100% Liquid Stablecoin Backed by Gold
Some are panicking as they are seeing that bearish market is approaching us, but i'm telling you that never be so downed.

There are a lot of opportunity in a bearish market and there are a lot of coins who are profitable not only bitcoin.

Be optimistic and know that this is really a part of the market where dip will occur but also remember that there's a good thing that will happen after the suffering.
member
Activity: 364
Merit: 10
World Family Coin
This isn't the first time I've seen my portfolio drop more than 50% in just 1 week, btw i didn't care about the market situation right now because i believe with my altcoin and i don't thinking about sell it because my plan is to keep my investment more than 3 years.
hero member
Activity: 2996
Merit: 609
Indeed. This is not the first time and probably will not be the last time the dips will happen for it will come concurrently depending on the market situation based on the volume and demand people are acquring in the market. Dips are part of the balance in the market because if increase will just happen, there will no balance and opportunity to be seen already. What you are supposed to do is not to negatively take those dips for those at times comes to provide chances or opportunity to acquire while the market is on its down state. We must see the bigger and in depth meaning of it to purposely see why such thing happens and see the positive side that it can do for us as well.
Pumps and crashes or dips would normally happen because it cant be called a market if it doesnt have those kind of traits then this wont called a market.

We are just really highly reactive on whatever the the price is going.When its going up then we are just hoping that it can even reached up to millions and

when it dips then we do say that bitcoin would come to zero or those worst things which they do keep on telling.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
Indeed. This is not the first time and probably will not be the last time the dips will happen for it will come concurrently depending on the market situation based on the volume and demand people are acquring in the market. Dips are part of the balance in the market because if increase will just happen, there will no balance and opportunity to be seen already. What you are supposed to do is not to negatively take those dips for those at times comes to provide chances or opportunity to acquire while the market is on its down state. We must see the bigger and in depth meaning of it to purposely see why such thing happens and see the positive side that it can do for us as well.
member
Activity: 840
Merit: 23
Over coming emotions should be one of the key point of tackle for all investors. No matter how we avoid this a dip must always occur since the market moves in three directions. We shouldn't be expecting a one sided market move only taking advantage from the both trend would make you a more profitable trader
sr. member
Activity: 540
Merit: 252
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
If I am not mistaken the market correction occur when we have a sudden price increase or strong up trend.
And those past correction matters every dip matters maybe not for you but for those who are waiting for it to invest more and have it cheaper.
In every price fall that we have there are some who have a successful trades because of it.
hero member
Activity: 2730
Merit: 632
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
Must be a thing that should have in mind but it seems people arent really get used to on how Bitcoin or this entire market works or moves on where they get still shocked when they do see out corrections.
Market has always been like this and we cant just expect that it would just having that continuous behavior where we can see constant price increase or staying up high.Always consider that there would
always be a profit taking made out by those big investors which simply means when a certain point had been reached out then these kind of sell outs can really be seen.
This is why you should really be wise on when to get out and when to get in into this market but for those who do HODL then this wont be an issue.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
The market corrects whenever it reaches the point where people are buying and selling based on tweets.
And also to the negative news that are spreading FUD as well as the usual market that's being oversold.

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
Very well said. We don't have to be dependent on one man's tweet and this market is bigger than the past which there were more of these type of people that have been stopping and likely wants to do the same of control to the market. But as time passed, most of them failed and just eventually sold. Look at what Microstrategy has been doing, they've just bought again $10M worth of bitcoin.
hero member
Activity: 1904
Merit: 510
yes it is clear that this is not the first time btc has dropped in price ,, people who have been in the world of bitcoin for a long time, I think they will all relax, and not bother at all, because they already know the ins and outs of bitcoin, so for us our beginners We have to learn from our seniors, so that we will be more enthusiastic and not easily get down ..
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
the most important thing for people who are new and are currently in the middle of this drama is to learn that this is also going to be repeated again. so they should soak this in, see how they made a mistake by acting irrationally based on their emotions and the lies that other people were telling them with fancy words. maybe by learning from this mistake they don't repeat it next time the same exact thing happened at a higher price level.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
Okay, then everybody doesn't think bad and get mad at the current situation but instead, consider this as an opportunity to buy more and hold again.
It really depends on how you see the market and how your psychology and basically how your psyche, works. It's just that it's going to be harder if you be emotional in this state which serves nothing to you. A better look at the bright side right?

And knowing that this is not the first time the dips had come, then we have no right to complain and blame someone who causes this drop like blaming Elon Musk. We have to fully accept that the market will certainly be going like this at no specific time. MUch better to keep in silence and set a plan when to buy as the bear season will likely begin once again.
He did what he had to do, IMO. Maybe some of his board members are worried about what the image of Tesla be if it began supporting a "dirty" and "wasteful" type of asset (which is not entirely true), which is Bitcoin. Maybe they are going for a grant that will gain them lots of money and they need to be fit in the category to manufacture green materials.
sr. member
Activity: 2828
Merit: 344
win lambo...
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.
I don't think it's the same as anybody else. Most of the people have relied on riding the trend and probably gambled their money. It's either they have won or not but it's always going to be down to the risk management and how people would handle the current markets.

It's okay to have these dips, it's healthy and this is the time that you could buy more of the asset. It's the best way to have more, knowing you could afford it too.
Okay, then everybody doesn't think bad and get mad at the current situation but instead, consider this as an opportunity to buy more and hold again.

And knowing that this is not the first time the dips had come, then we have no right to complain and blame someone who causes this drop like blaming Elon Musk. We have to fully accept that the market will certainly be going like this at no specific time. MUch better to keep in silence and set a plan when to buy as the bear season will likely begin once again.
hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
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

Usually people forget about the previous dumps where the market recovered after being dumped 40-50%. The experienced traders and investors will not panic in these times. There has been bigger dumps in the history of bitcoin and there was not a single time when bitcoin not recovered. Be patient and holding is the key to ultimate success.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
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.
I don't think it's the same as anybody else. Most of the people have relied on riding the trend and probably gambled their money. It's either they have won or not but it's always going to be down to the risk management and how people would handle the current markets.

It's okay to have these dips, it's healthy and this is the time that you could buy more of the asset. It's the best way to have more, knowing you could afford it too.
hero member
Activity: 1344
Merit: 565
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.
You are right but I believe it is the "Overtime" that is the issue for some. Some investors are very well still in profits right now but some are well underneath their investments and the thinking of how long they will have to wait to get back into profits is their concern I believe even when they know it will happen again. 
sr. member
Activity: 2618
Merit: 439
and this wont be the last , so for those who can afford to hold and keep their coins better do it . and those who has been wanting to make profit literally then better get off now or else you will regret your final decisions in the following days.
newbie
Activity: 25
Merit: 6
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.
legendary
Activity: 2310
Merit: 4085
Farewell o_e_l_e_o
The market corrects whenever it reaches the point where people are buying and selling based on tweets.
At any point, there are people who rely on tweets of KOLs, influencers and experts to buy or sell their Bitcoin. It is unnecessary to connect their actions with tweets and market corrections.

Quote
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.
People who buy Bitcoin from tweets, Facebook status, signals from groups, etc. and don't mind to spend time to learn about Bitcoin, will be losers. They will shake their hands when they panic.

Learning means at least read and know basics of Bitcoin. The least basic is its inflation chart.
What do you see from the chart? When the curve will become flat?  Smiley
legendary
Activity: 3234
Merit: 5637
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These dips don’t matter, either you believe in bitcoin long term or you don’t.

That's part of the problem (if we can call it that at all), because to be honest, the vast majority of those who invest in Bitcoin do it only for profit, and most invest in the short term (6 months to 1 year). Inexperience, ignorance and the influence of the media and some individuals are factors that very easily move such a mass of people in the direction they want. Every success in life requires knowledge and even more experience, and a lot of people don't have any of that when they start investing in cryptocurrencies - which is again the fault of the media and some individuals who promote Bitcoin as the magic money of the Internet which can be obtained by writing nonsense on some forum or solving captcha on faucets.

People who cannot understand the basic things of the market should not invest in anything, let alone in something as volatile as cryptocurrencies. Everything that goes up must fall sooner or later, and smart people use every situation to their advantage - anyone who has invested in the past few days will surely make a very nice profit in the next few months.
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