Bitcoin Forum

Most of us have been here many times and see it as a good opportunity to buy more.
But I think the volatility is scaring new investors and can potential kill crypto in the long run.

This drop is very bad for beginners and new growers because for beginners and growers to be ready and to be sure of tomorrow's success as bitcoin is actually not as difficult and uncomplicated as the people there say, if we learn and dare to bitcoin beliefs can change lives for the better We also have to obey the rules and restrictions on various projects, or in the field of treading and planting other stocks also in the name of bitcoin.

i dont think volatile alone can kill crypto but every investors should know that there's always a risk when it comes to investment even its minimal it still present a risk and if they are smart they would buy right now because the price is been down. remember dont invest if you cant afford to lose.

this volatility that you are talking about did not start yesterday! it has been around for as long as bitcoin was around. in other words bitcoin has always been volatile and if anything the volatility has decreased and all this time it had never affected "investors" new or old in any ways that they didn't like.

Well, 'newbie and new investers' are contributing to it.
The price can't go up forever, which many people seem to believe!
And when they see the price drop, they sell, contributing to more price drop, and later on, fear of investing again.
I think it's very important that people understand what they are investing in.

Bitcoin's growth led to 'everyone' buying Bitcoin last year, and we had 'unorganic growth' which I believe contributed to the large crash.
It's not great when media goes out and says 'Bitcoin went from $1 to $20,000!', since people just seem to believe it's free money!
There's been lots of huge crashes in the past, but that's rarely mentioned.
Thus, we got the january crash, and now, the market is moving quite slow - no new money coming in.

I think we might need to prepare for this market to stay, it'll be a while before people 'forget' and we gain new traction!

It is true, but if a wise investor, then they will take this opportunity, by taking a cheap price so it gives an opportunity to get a lot of profits too.

This price movement is not really a huge thing to worry about if you're familiar with Bitcoin's volatility. These price drops doesn't last that long when the price was $6,000 it only lasted a month or less before it went up to $9,000. It won't kill crypto in the long run as long as there's demand. If people can't handle the volatility then they shouldn't invest in the first place. Also this is a good example for those who are new to investing so they would know what to do once it happens again.

you are right about the "scaring new investors" but you are wrong about "killing crypto". bitcoin has real usages and because of that it will remain strong and lively, more and more every day. the market is not only filled with scared newbies. it also consists of experts who understand the real potential of bitcoin who will continue to buy it as the newbies are running way, they actually benefit from their panic.

This is not the first time, bitcoin prices dropping out. In the past, we have seen prices fluctuating ups and down very wildly, still it has attracted lots of newbies and new investors. Hence, the current situation also will pass away and no need to give any extra weight for this downfall. Just part of bitcoin price swing.

Moreover, we must understand how bitcoin price levels are working in a rotatory movements. From the current situations we must start. Compared to last day's prices, many financial institutions do see current levels as cheaper hence they start coming-in , this may take bitcoins into peak of last 2 months levels. When bitcoin seems into rally, automatically many individual will come forward to invest with, which will take another new peak. Now, those institutions and whales may find time for profit booking.

Whenever some people start closing their positions, one cycle of movement comes to end which may be the start of new cycle. The question is where will be the end finishing levels, sometimes it may be higher than start of cycle. Again, whale and institutions start pumping along with new investors and who are booking profits may get definite gain but may be in lower percentage. But those who are all holding without minding all these, must be gaining bigger than anyone else with peace of mind more importantly.

You are right in about the "killing the crypto" part but it ain't scaring new investors. In fact, a lot of traders have been attracted into bitcoin and crypto because of it's volatility. Some long term hodlers likes how bitcoin can be so bullish and give them a hefty profit in span of a year or two(which is shorter long term hold when compared to how stock holders hodl their shares).

haha ,,, please understand, dude. those who just joined in the crypto world would be frightened to see such a situation. because they have not felt the bitter poignant price that suddenly rose and suddenly went down. long into old age also they must understand how to live in a world of crypto that full of challenges and luck for his people.

This volatility exists since the beginning. And year over year more and more people are entering this space.
So I have to disagree with you. Furthermore people get warned all the time that crypto is extremely volatile and therefore risky due to it's still very early stage.
People who don't make any proper research and just enter because of FOMO and invest more money than they can afford to lose, their fault.

You've said we are not new here in this market so basically there's nothing to worry about. Yes new investors may feel bad right now but hey this is where new investors learn and make a good decision in the future. For all the new investors here don't panic easily make a lot of effort on studying cryptocurrency and you can have a better chance of making higher profit.

I don't think that its scaring investors for good. Maybe they are just reluctant to enter the market because of what they are hearing. However, once we have bounce back again, I'm sure that everyone who is waiting will eventually jump in because they know that as much as the market is really volatile, that is how they going to make a lot of money. More matured investors though, thinks otherwise, another buying point to get bitcoin because the price is cheap and all you have to do is just hodl. Potentially killing crypto? I don't know, bitcoin for example has been in existence in the last decade and so far it is still doing good and very strong.

Let's just estimate and assume that you are a newbie. To give you an idea, this drop never happened once and today only. If you will take a look with the recent months there has been bigger drop that made the history of crypto repeat because there's significant drop that also occurred on 2013.

Volatility is making the crypto alive and this won't kill itself unless it goes to zero.

I do not think so. This is actually not bad for newbies and new investors. They can use it to make a profit. Prices that go down like this today, can be used to buy more. So you keep holding back and buy more to hold it again until the price goes back up, this will make a profit rather than having to panic then sell it. So actually this is not a problem and can still be overcome, the most important is not panic and patient.

volatility isnt bad because it gives us oppurtunity to buy or sell and earn a profit at the same time but i do also agree with you that volatilty can somehow have a slight effect to the current price of cryptos because as what have you said earlier , newbies or beginners on this scene will find it confusing and  they may think that cryptos are a bubble or a scam but that truth is it is only a mere volatility thing.

the only way to combat this issue is to give them awareness as early as possible or a warn them before they try to enter the crypto world.

Not all newbies are not educated with the crypto market. An investor that will enter to the battle without anything on his shoulder is seriously putting himself into harm. So what if volatility is scaring the newbies? They shall know the risk that they are taking.

You have been with these type of drops before so this is nothing to worry about, right?

Not really. It may actually be a positive thing, if you look at it in one aspect. People are coming into bitcoin investing thinking that it's going to make them rich overnight, which is far from the truth. The corrections may not give them financial rewards, but will at least break them out of that delusion that BTC is some magical investment scheme, which it definitely isn't.

Plus, these corrections are naturally a part of the bitcoin's price cycles. If there is a huge, unsustainable pump in a short period, just like we saw with prices going up to nearly $10k from the low of $6.6k, then a correction will occur sooner or later.

There is absolutely nothing that can stop that, it's the market forces acting. Plus, every single bitcoin investor has experienced at least one major correction in their days with crypto, and I don't see that affecting the long term potential of BTC whatsoever.

You have a point somehow, new investors or aspiring bitcoin earners will get scared due to these dips which may lead to slow progress on crypto community. I wish that all of them think the way like we do (old bitcoin holders); able to to look at the bright side, not so much scared anymore and stay calm despite of these bad moments. But sad to say, they don't :(.

I think the right thing we should do to stop them for being scared and discouraged is guide them. Explain to them that this kind of nature (fluctuations) is normal in crypto world, and there's nothing to worry about as long as they are wise in making decisions.

Weak hands will sell whether they’re new or older investors. People need to grow a pair of balls & HODL through bad times. Bitcoin goes up over time, it’s just what it does. 

Since bitcoin is a digital currency,the price fluctuation is quite common.Be a wise trader,we have to buy at any dip.As compared to last week ,the bitcoin price reduced 1400$.On 5th May,bitcoin price is around 9900$ and now 8500$.Check the below chart,

https://www.coindesk.com/price/

Even you can buy now for your future.If the new investors analyse this chart,they will get clear.The price fluctuation is common in Digital currency like bitcoin.

I would actually argue that high volatility is better for inexperienced investors, if they can keep their emotions under control.

In a very stable market where one trend prevails, if you pick the wrong trade then it could be many months or years before it reverses and allows your to recuperate your investment.

In a volatile market, it may return to its original price or even a profitable market position in a matter of days or weeks. So there's two ways of looking at anything :-)

Volatility don't kill the crypto and the investors,ofcourse it is the main reason for bitcoin success in very short time.But as you said it can kill the newbie investor who don't have any trust on bitcoin.
On the other hand the newbie investors the main reason for more bumps and dumps because they even selling their cryptos for small price drops so if they want to make money from their investment then they need to hold it longer and don't care about the temporary price falls.

This is not surprising actually. Bitcoin, since it began, has been prone to volatility. And those who wants to get involved here should be very well aware of that fact so that once into this thing, it wouldn't bother them that much. This happening is actually normal due to some factors already discussed in other threads.

As for newbies, it would be a good first step if they read threads that will help them gather new knowledge and ideas, as well as reading related articles that will provide them significant thoughts. And for the investors, they must invest wisely and also know when and when not to commit money in order to earn financial return. Enough knowledge and proper technique will guide them through these bad times.

I don't agree with you.
We are not trying to keep new investors, we are trying to keep real users, and real users( people who uses bitcoin for really  paying people/for services and are not speculators).
If a speculator is going out because he lost money, then it's okay, it's the same as someone invested in a stock and the stock went down so he lost money,the company shouldn't be caring the someone is going to  stop investing in the stock.
We should be focusing in the technology that drives bitcoin, and to make bitcoin a better coin in the technology aspect, and we should be stop worrying about down trends.

YES absolutely they will be scared but they will only scared if they don't have atleast a little knowledge about bitcoin and not just thinking about the money that they can gain in the Digital currency world. They must sure that they have the researching in what they are investing with in order to gain more confidence in it.

You look at it wrong. It give newbies a chance to buy more Bitcoin cheaper. Let say now Bitcoin would be $50k and price would keep growing.  How could a newbie aford whole Bitcoin one day.  Might take him years of hard work and starvation. No new clothes no new car no hobbies.    This way if price goes down new Crypto newbies will be able to bu cheap Bitcoins at $8k and $6k and $4k and cheaper.

Anyone throwing their money into this and not being fully prepared for a lengthy wait with plenty of scares along the way is a fool by this point. This is what Bitcoin gets up to and this is what the professionals preying on those newcomers feed on.

There are now years of behaviour to draw on and this forum is littered with salutory lessons from silly sausages who threw in the towel when they would've been fine with a bit more patience and a bit less emotion.

There's going to be plenty more of it in the years to come. Either get a ringside ticket or bog off and don't whine from the car park.

I agree
If we want to hit high mark we need bitcoin to constantly get new people who will stay on long and hold on long run. Current 4 month situation is not bringing in such people, its just scaring them to go away for ever.

I think such situations leave only persistent traders who learn to leave long positions in time or wait for such falls in the right assets. And especially experienced people squeeze out of such situations the maximum benefit for themselves. Without such falls, it would be difficult to earn.

I don't see how these corrections can kill bitcoin in the long run at all.

You're right first of all about the fact that these dips essentially are an extremely good time for accumulating some bitcoin at a much lower price than you would have have to pay at the peak of the rally. However, I fail to see why we should be concerned for newbies when it comes to these corrections.

Anyone investing in bitcoin should know that BTC is currently indeed extremely volatile, and should be prepared, especially during a rally since the correction can come at any given moment. Volatility of BTC will actually gradually get better as more adoption happens, so I'm not that worried at all.

If you think that these drops are bad, then the people for whom you're feeling pity for don't deserve a goddamn chance. They should be well aware what they are getting into. And don't blame crypto here. Even stocks are volatile. It's not crypto's fault if people are fucking dumb and useless shits.

You could just as easily say the bubbles are bad for newbies and new investors. It's a pretty obvious cycle: after the bubble comes the crash. ;)


You've only been here since April 2018 so I can understand why you're so concerned about the price. Zoom out on the chart.... this down trend is nothing new for Bitcoin. It's just a correction in a long term uptrend.

As in the quote, it needs to be given importance as an opportunity to invest at a lower price. Very few get into such thoughts while majority get into the panic state thinking the reason behind the price fluctuations in the high margin. Nothing to blame, each and everyone were clear about the volatility and the advantages of being volatile.

Every failures their is a success, every patience their is a good news awaits. These drops are affecting not for newbies only but fo all who invest, but if a person understand the huge risks in crypto you will know fluctuation is a normal. Strong hands in this market is good somehow this fluctuation is certain cannot kill crypto that fluctuation is do exists as before.