Bitcoin Forum

I am relatively new on this and was just invited by a friend to join. I sold mine months ago so I really don't have much. I was thinking that I would have been deathly afraid if I had any bitcoin and this happened. I know it isn't the first time so maybe it will be a good time to buy?

How do I feel about it? Nothing. Bitcoin and cryptocurrencies in general have been fluctuating like crazy since forever, and don't expect that to change any soon.

If you're investing for long term, then it doesn't matter what price you buy the bitcoin at this price range. If you're planning on selling soon though, then no one knows if this is the bottom or not. It can still drop more. The lowest we had this year was around $5900, so it's definitely possible. But then again, no. one. knows.

Recent bitcoin drop was a temporary fall which can happen to any market but market manipulation and bad media information has fuel the situation when considering the bitcoin trading world. When considering manipulation unlike other markets crypto trading market is filled with manipulators and that is a major reason why we see values fluctuates without any reason and we don't see any good news that are broadcasting about bitcoin through media and its potential to the business world but most news are filled with negative effect that can happen to the financial world through bitcoin using which makes investors to avoid using bitcoin

it's correct . This is not the first time that bitcoin prices have dropped sharply and this is a good time to buy more bitcoins. I find that the growth rate of bitcoin is very good. The current value of the bitcoin is only $ 6280 but tomorrow it could rise to $ 6500. This is good for you to make short term investments to generate quick profits.

I wouldn't give this kind of advice to people. Buying bitcoin right now is very risky, I would better wait and confirm the trend reversal rather than losing in value. Because it can not only raise to $6500 but also go to 5800 and later even lower.

OP.. I also didn't have much in BTC so it wasn't a big effect for me. but I saw lots of other crypto people getting panic and started dumping.


it's true that bitcoin price was dropped and still low compared to the highest rate. but if someone can hold them for a long time then the current volatility shouldn't be an issue for him. because eventually, bitcoin price will increase.

Do not lose faith in Bitcoin. The price drop is temporary, because Bitcoin's price is unpredictable. If you still believe in Bitcoin then Bitcoin will not make you disappointed. In the future, Bitcoin prices may rise and you may be surprised by that.

I think it is great, and I'm hoping it will slip even further. I want to buy some more to add to my wallets.

You want me to answer honestly?Well i am happy about the fall and expcting more even because if value drops upto $5,000 my campaign Yobit will finally release our payments l,because from that value they considered paying campaign participants lol

But kidding aside ,I believe that we still haven’t reached the bottom and thats what were waiting before the bullrun happens

come on ... the world is like a wheel. we rely on our patience if we want to succeed

It just felt normal, actually. Also, it's not really a steep drop but rather a mild and normal one that happens every now and then. Considering that I have my coins for the long term, it doesn't bother me whenever there are negative price changes. If the wallet permits, I buy during these dips and try to get a lower average on my holdings so as to get the maximum leverage when the run starts. While my coins are sitting idly, I'm trying to get as much cash as I can to buy more and more coins in the side for holding.

As far as my knowedge, every cryptocurrency has  both ends, the bright and dark end.
Whenever a coin goes down to its extreme level, it has no option other than to rise from that point and sane happening with Bitcoin.
This is really opportunity for you to store as much as you can, because we shall soon see the price going up

It was a very small drop, relatively much smaller than the ones on September 5 and 6 and not much larger than September 17. Things like this happen very often, usually at least once a month. You will see a drop in November and you will see one in December, regardless of the market trend. You can find similar monthly drops in a bull market. Want examples? December 8 and 9 2017, November 10-12 2017.

This recent drop isn't any surprise in Crypto world. We are used to see drops like that and it's already normal for most people here. But surely, for me it's not good to see BTC price falling, I would like to see it increasing and getting stronger to close the year with good results, so we could start the next year with positive news, increasing the morale of investors in general and potential investors that didn't invest yet.

I trust Bitcoin will recover and now it's a goot time to accumulate more. I don't spend my crypto, I just stack them. I accept bitcoin and other few other altcoin as forms of payment. Its a long game. I try not to get bogged down in the fluctuation in the market. Not trying to get rich quick with crypto.

lol, wake me up when a real drop happens.  This is nothing, its just another day in crypto.  Hold strong brothers and wait for the next bull run, it will be soon!

The general consensus with the seasoned members of the forum is that
they are not worried about the slip in the markets.

The general consensus with the newer members to bitcoin and crypto is
Fear, Uncertainty and Doubt.

The long term outlook is good there will be further rises followed by falls
followed by more falls and more rises. The newbies need to listen to the
ones with experience.

the right time to buy bitcoin is when the price is down but it needs to be remembered, don't just buy it, try to do the analysis, usually the price of bitcoin drops because there are certain factors that affect it, but I'm sure the next few days bitcoin will recover its price soon , although in the last few hours bitcoin has experienced a severe price decline

Bitcoin has drop on the market and I don't really feel bad about it because looking at other commodities I think they are all decreasing in price so I think its not only BTC and it will surely recover.

The digital coin has reached its fair price and is awaiting a new impulse. So, for example, a powerful impetus for cryptoindustry could be the use of electronic money in retail.

please pardon my manners, but this forum and the crypto space does not need participants like you, i think investors like you are the cause of panic and dumping, now back to your question, about how i feel about the recent bitcoin drop, i feel this is the right time to buy and hodl more bitcoin, and that is what i did, bought bitcoin in  mass, knowing fully well that the price will surely reach 10k by december.

This drop doesnt means evrything is finished or the market is going to be collapsed. Last year we were seeing same on the market and I think it is normal to me now. In no time I think the increase will start to come.

This has been a successive bearish market for btc and definitely may contnue but will  no longer below the $5.5k level as I believe this may bounce back witbin a couple of days.  The crucial months which is November and December is fast approaching wherein the expected bullish run might be within these months.  Moreover, this is the right time in buying btc and holding as well.

I really felt sad when bitcoin price dropped. To be honest I didnt expect it when it pump so high last year but still it happened. Anyway, even I felt sad that time I dont lose hope on it, I keep holding it and I never do panic selling. Because I believe that panic selling was not the solution instesd it may cause to your loss of your money. It took so long but I still believe that it will increase again and recover.

i know the reason for crypto market down, it's because the stock market is also down
and i feel confused with the cryptocurrency market
crypto has nothing to do with the Stock market
but why when Stock market drop, crypto market also drop?

As we expected a bull run may happen in October, by seeing this crash I don't think Crypto market will fix very soon! I am afraid, we will not see any kind of bull market this year. Bitcoin will not hit even 9K USD within December. This is the reality I am thinking now! So, I assume this not the right time to buy Bitcoin, BTC price will go more down! So, wait for another dump and then you may buy at under 6k USD.

i felt nothing but just a normal thing, it was being predicted base on technical analyhsis  that if it broke from a symetrical triangle either up or down and it really did happen, but if you traded it without the proper risk to reward ratio then youll be one of those that lost money on that day :)

Feeling bad about the recent bitcoin drop is not unusual for everyone especially those risk takers. It is just normal for the market of bitcoin.

Just think it is normal situation. bitcoin volatility is what we have to accept. the price can go up and down at any time, we also should be patient and optimistic about bitcoin and hope it can recover soon.

there is no "recent bitcoin drop" unless you count 10 months ago as "recent" otherwise for the past month or so price has been pretty stable without any kind of major rise or drop.


it depends on what you are planning to do with what you buy.
- as a day trader it is the worst time to buy because price is stable and is not going anywhere and you don't know when it will change. all you know is that whales are accumulating.
- as a long term investor, this is the best time to buy because it is after nearly a 70% drop and currently we are in an inverse-bubble and just like bubbles, inverse-bubbles are also unstable. the bubbles are good time to  sell because the drop is imminent and inverse-bubbles are good time to buy because the rise is inevitable.
- as a bitcoin user who uses it as a currency for payment, there is no bad time to buy!

One more 10% drop of price i am waiting it on Monday, i am surpeiced why its happened yesterday.
For last half year its trend falling for 10% :)

for now and the current conditions my feelings are frightened, disappointed, of course, they will arise but can be muffled by my confidence and patience maybe before I start investing with cryptocurrencies I already understand and know all the risks I will get in investing with cryptocurrencies

TO be honest, the drop in the prices of bitcoin make me feel sad because i'm investing on bitcoin , I wil get least profit even lose all, of course.

Its being quite while since i started understanding bitcoin price behavior on the market. Bitcoin is very dependable on th news and cash pumps, technical indicators do not work. We should see price mooning with new pumps from Bakkt and Nasdaq's crypto platform coming in.

This decline can begin with a simple one so that people to invest in it are not enough and are worried that prices will drop dramatically that is not according to plan.

We have seen this is the last months or so there's no surprises here. I wouldn't say it normal, but I guess no one is bothered. On the bright side, people are taking advantage of this kind of small dip, to accumulate more bitcoins. But for those not familiar on how the market moves today, its a bit annoying but I do hope that they will learn their lessons and not just push the sell button.

It only gets worse before it gets better! This October drop looks familiar!! Feels like October 2017 second to the last drop before the market began its massive Bull  that has become the one everyone is wishing to see! I believe the would be a bull! But how intense it will be, how high it will go is what I can't really tell! But this Drop looks very familiar and similar to last October's

I feel disappointed.  :(

We have been working very hard to grow adoption and also to grow the merchant base and I would have thought that this experiment would have gone to the Moon by now, but I am still very optimistic about the future.

After some true introspection, I realized that my disappointment was unfair towards the technology, because the technology is still solid and legit. Speculators came to this scene and clouded my judgement by pushing the price into a stupid bubble.  >:(  

We just have to take it on the chin and work through the correction phase now.  :P

this is what I feared with bitcoin, when all prices dropped all coins fell

I think we all feel bad for those who have bought bitcoins at a higher price because its already a loss for us but it will become a loss if we sell our bitcoins in such a low price so for me, i will still hodl all my bitcoins and wait for the right time to sell it. The best thing we can do now is to hodl and wait.

Even if there are times like unexpected bearish for twice at the same week, I am still not used into how this manipulative market has. Bitcoin was really unpredictable, even so, if you are about to invest in btc, prepare yourself with this kind of market's attitude. This is how cryptocurrency goes in reality.

I don't think things will turn out quite the same way, the key difference being last year's strong year-to-date performance. We're on a bear market now and the same couldn't really be said then, even with the sudden drops. I think people expecting a strong bull run to end the year a la 2017 are going to be very disappointed.

Its always good to buy when market is down so you can get your hands on some now,market is in red again because of bad news here and there but we all know it won't last so just keep buying for now

nothing is truly calm unless it has gotten huge profits, of course this is a matter of how you react. yes, the current situation is not so good but you can still speculate to get a profit, the problem lies in your knowledge and experience.

Nothing special, BTC is volatile. And also a very good investment as I believe, so, I dont check the price everyday, or storm my brain about the deadline it crossing a certain mark.

The thing about bitcoin dropped dramatically is not a new thing in the world of bitcoin, at the beginning I knew bitcoin bitcoin prices were far below the current price. So, it's natural that this happens and we don't need to panic. It is precisely in this decline that we can mine even more because market prices are unpredictable. In the short term, we can make a profit even though it's not big.

First time when i know bitcoin lost more than a half price when reach all time high then i was so upset at that time and sometimes i was wondering while i expect bitcoin price will break all time high but in fact almost a year bitcoin seems stuck even some people called stable but i called this movement price were stuck but acceptable or not this is the fact when we play with the thing which have high volatility such as cryptocurrency

I feel is the right time for investors to take advantage of this drop no need of being panic, situations like this requires patients to enable you achieve your dreams.

Hi, I would be very careful with Cryptos right now.

It seems they have bottomed out and are in a slow recovery phase. But it also can be a BullTrap and we can see another few legs down :S

  In any case, be careful and don't let the train go without you!

I think is a good time to buy, it was better a few weeks ago, but still, good entry points here.

Good luck!

if I had available funds to buy cryptocurrency, then I would advise you to buy it now because we are now at the bottom

It is advisable to take a look at the development of technology in the world for those who suspect that bitcoin and crypto will develop. I'm not negative about price drop. In the past years patience won, personally I think the same things will repeat.

actually I feel upset because the price of bitcoin that shows no sign of going up. it's been 8 months but bitcoin hasn't gone up too. but I still believe that bitcoin will rise sooner or later. just wait for the time.

The recent drop in bitcoins has brought my confidence down about bitcoins getting to 9000 USD at the end of 2018. I had anticipated that bitcoins can end the year with a price at 9000 and above.

This is my thinking entirely. Personally I think long term it will go up but short term who knows.

It's so easy to get burned for your hard earned money.

At first, when I am still new to this, every time I heard that the price of bitcoin is dropping I am very disappointed but now that I am fully aware of it whenever I heard that the bitcoin is not doing good I just let it because it seems that bitcoin is always fluctuating. Also, sometimes there is a good result of its dropping so no need to worry.

It has been a bad experience because the haters have been capitalising on it to call bitcoin all sorts of names. I just hope we will see a positive movement before year end.

I agree, this is what we feel when bitcoin going down its value. But this is what the market intended for. When the value goes down many investors will buy bitcoin after that expect it bitcoin will go up on its peck.

The recent price of of bitcoin have nothing to do with when we compare it to the price drop from the beginning of this year and this is not new here so if you are willing to take risk of buying bitcoin now then you may rewarded with good profits when the price increases but the time taken for that is nobody knows.

Of course sad and sadder when this drop become crash for a long time. Who wants to see bitcoin dropping? No one. Two months to go it is already a year of drop. It is very long yes. But everybody is hoping that by the end of the year it will recover or even increase more. Good time to buy ? Yes I think because bitcoin is still low, grab it.

And why did you sell your bitcoin ? If you want to involving in crypto again, you should hold your bitcoin and buy more good coins in this bear market.
There is nothing to be afraid. If you want to buy coins, you must be able to afford to lose them, otherwise you wont have the patience and trust in your money.

Of course who wouldn't be worried when the price of bitcoin is going down? Although the drop has stopped already and its seems the price is stable around $6.2k and I'm glad it didn't go below the $6k mark again. Yep, its a good buying point because the price could increased again.

lol...the drop in bitcoin value can sometimes get a little bit frustrating but if you really get to appreciate that bitcoin is a cryptocurrency then its volatility will not be something difficult to get hence its constant fluctuating in price. This is the investment plan we have chosen to run along with i guess we can endure some its setbacks hahaha.

Well, i am only accepting the fact that the constant thing in this world is change. The same with the recent bitcoin drop, i just accept the fact that this will happen. I know sooner this will rise again.

yes sometimes we afraid when we hold the cryptocurrencies and the price is going down, we afraid if the price of bitcoin is going down more and more right? but i think if we believe in bitcoin and make a prediction about the future of bitcoin price we can hold the bitcoin until our prediction reached

I think this is a natural thing because bitcoin fluctuates. if the demands on bitcoin rise then the price will go up and if the demands go down the price will also go down. currently bitcoin is dropping, so it can be ascertained that bitcoin is experiencing drastic decreasing demands, or in quotes here many investors are selling.

Yes I noticed that drop as well, but I never got worried now anymore since I learned patience thorough holding assets in my wallet until not safe to trade.

If you understand and have enough knowledge in bitcoin, you feel, nothing. Because that is the movement of bitcoin or cryptocurrency, but this is for sure it will rise in the right time.

You should learn to understand price movements so that all the steps you take are successful. if you only buy without any basic knowledge you will fall into ignorance that causes loss. I personally have no fear if someday bitcoin will continue to go down in value or I suffer losses in the long run. I am calm because I have income from the culinary business.

Off course, people are not really happy with the current bearish market wherein it had been a longer time since we have this kind of down trend market. Most of the people are much in favor of the bull market since it could have a positive advantage for the investors where they could gain promising profit. However, make this an opportunity in buying cryptos to the extent that price value are much way lower than the usual market and a big chance of making good profit once bullish market will be in place.

Its really sad watching bitcoin price right now. Its more than 80% drop the value from highest price at $20k. Its hard to predict bitcoin price in near future but i do believe bitcoin is good long term investment

You can buy not only Bitcoin. it will be more profitable for you to buy several currencies. The market situation is unsustainable and every day everything can change dramatically.

I have put my trust in Bitcoin and I have kept my patience. There is really no point in panicking.

Bitcoin market is very volatile, so price drop and rise is not a new thing. It is a good time to buy because researchers are predicting that price of bitcoin may rise by the end of this year.

i  really  did not  feel  anything  because  its price  has  time  that  is  bad  and  it  does  not  mean  that  eveything  is  finished  so  we  just need  to  be  a  little  patient and make  good  analysis what  we  are  buying  and were  we are investing.

If you look at the price chart since bitcoin's inception, you would find that it always kept climbing despite a fall. So. if you are new to this, calm down. It's not the end of the world, mate.

Was so surpriced at first because i don't have drop experience before.
But after several months and much experience i get, i feel it's okay and patient is the key

Investing in bitcoin is never too late if you want to stay for a long time. But in case of selling, you have to be smart. You need to analyze the market calmly and then act.

The 6k area is strongly supported by big miners (I think). If we go below 6k it will be pretty bad for market. We could also bounce very quick if that will be the bottom :)

I'm happy indeed coz I can,buy more bitcoin and this is the righ time to grab this opportunity to bag and hold bitcoin. People in crypto space are very hunger to see the market to recover again. The recent drop of the market was actually absurd.

for beginners, it's only natural to feel scared or anxious when the price of bitcoin or altcoin goes down. however you will feel used to when you have joined digital currency for a long time. and you will slowly adapt to all the risks that will occur in the crypto world. now is the right time to buy some bitcoin or altcoin because prices have decreased since the beginning of the year. and crypto prices are very difficult to return to the highest level. so it's perfect if you want to start investing.

This fall is big risk to newbie because they can be afraid that they may lose everything they invest but fortunately they can buy more volume at lower price to have huge amount to hold instead of selling now to cut losses because for sure price will recovery somehow just believe on the potential of your coin. For me I take this big opportunity to buy some more volume that might help to change the price of bitcoin and wait till it worth better.

We are all know that bitcoin status in crypto market will remain as volatility,so it means that we have no need to worry about the present bitcoin status in the market. But,in my own opinion,bitcoin will rise up and will reach to the peak on this coming before ends of this year 2018,there's so many people can be benefited.

If you trust the technology you will hold it till the right time comes but if your here just to invest for a short period of time and expecting a big income your in the wrong coin to invest, the best thing you can do if you dont trust this and just want to get some income is to invest on ICO's but it is risky because there are lots of scam ICO's this year.

I have neutral feelings, I do not consider this drop too big deal. 10% price change in one day is OK, 20+% is more scary, for me at least, I have seen a lot.

yup the sudden change in price in one day is normal to the emerging markets that most begginers dont know about even experts, take a look at amazon, google etc. when they were emerging back then their price would fluctuate 90% in just one day if you look at their market history, 5 years from now i think the bitcoin volatility will end and it somehow settle its price at certain point.

Like I said in other topic, the problem Bitcoin and other cryptocurrencies had was the introduction as investment instrument rather than currency that they are. As soon as people began buying and hoarding them, I knew they was gonna be problem.

Now that the prices has stabilizes to what I personally see as normal, I can now see a great future for the cryptocurrency.

The price movement can be seen on the chart. Gold, if in the next three weeks will not show a miracle, and the price will not fly up, for the first time in a long time will close at the end of the year in the red.

Don't worry about the price drops because the prices can bump at no time so you need to buy more coins when the prices dropped that is the strategy needs to be followed by the investors maybe not for traders.ANd also the price drop is not much considerable when we compare the price volatility of bitcoin.

I feel disappointed. I think we all feel bad for those who have bought bitcoins at a higher price because its already a loss for us but it will become a loss if we sell our bitcoins in such a low price so for me, i will still hodl all my bitcoins and wait for the right time to sell it.

I think I agree with you. I also believe the prices for Bitcoin and other major cryptos has stabilized. No more buying bitcoin with hope of selling hundreds of thousands the next year, people are now treating it as currency that it is.

For some reason I was very optimistic about the prices since last year so I bought back BTC at $12k, yes I think that was a bad decision I never sold again and was just moving them to my personal wallet in my PC. That was it. Now it stays there still. I feel very stupid about it but hey what can I do I trust BTc so much. Sooner which I guess the bullrun can happen maybe after 2 years, ?I may have to really think the very worse that could happen.

My feeling is that I am not disappointed. Very disappointed. I am grateful to be able to comment at this time because the question is very suitable with the current situation. I understand bitcoin has dropped dramatically at the moment, but we should not be complacent because we must remember our struggle until now, that is to be planted from our hearts each

Honestly I feel worried about the bitcoin drop recently. I was afraid because I am one of the believer that bitcoin will help me to make my life better and to easilly achieve my dreams and goals. I am not a lazy man who are waiting for an miracle or an instant luck to become successful. I have also job but I am believing that bitcoin even it is more risky than other business. But I think bitcoin will rise again like last year that it's value was hit in the highest price. But we can compare the bitcoin in to a gold's price that every moment that price will change. BUT it was or it will never be a trash or never become a valueless thing and I think this will be the future of bitcoin.

Trust will set you free from worrying about what can possibly happen, if you trust the system then your investment are still okay, like what you have mentioned you have a job and you can treat this as a long term investment, though most of us feel the same thing like you, the value of any assets are bad comparing to it's last year price, but say calm and keep holding we need to wait for a little while before the bull will run fast again.

the feeling at the moment is confused because the progress is good and why is it falling and falling and I can't sleep because I think this continues and I think looking for a solution and my hope for next year to be good is not like now and now it can't fulfill my life and my family

I believe that if you invest more than $100k you can trade bitcoin, otherwise it would not have much effects. The bitcoin price is changing between $6000-6500 and not more higher or lower in last 6 months. So it means on %8-9 chaning. With this rates you have to invest large ammounts. But it is totaly different in altcoins market. A one coin can change %50 in one hour (+)or(-). So it is more interesting and more dangerous ofcourse. I am holding some bitcoins and i always be but for trade i would prefer altcoin market..  

Honestly, I am a bit disappointed and worried about the recent drop happening in the market. It's been months since the last correction and until now the market is down and seems to be stabilizing. The volatility is not that high and there are still no traces that the market will soon to recover. Everything seems so quiet but I believe in cryptos and the blockchain. I know everything will go back the way it is before. The market will recover and everyone will enjoy the bullrun. I just hope it will happen soon.

The recent bitcoin crash is another test to the patience of small time bitcoin holders. If emotions will get in the way, for sure panic selling will bring the bitcoin price further fall. Just continue holding your bitcoins until the market experience again the much awaited bull run, probably next year.

I feel bad about the bitcoin price drop and it is natural for any one to do because when an asset that some one have invested fall in value it destroys all the hopes and ambitions but I also think this is a good opportunity to make more profits by gaining more bitcoins because the profit margin will be much higher if some one can buy bitcoin with current low price and hold for the future so there are both god and bad that has happened with the bitcoin drop but smart moves always can reduce bad effects and increase profits

the decline in bitcoin prices that occurred this year is indeed so big and we all certainly feel it when we see the price of bitcoin at the end of 2017, but it must be known that this is an investment, where sometimes there is a fairly high price increase and sometimes a fairly low price decline. if you want to buy bitcoin and plan to save it for a long period of time, I think this is the time to buy, because surely the next few years the price will rise again, even though we never know when the price hike arrived.

There has been numerous Bitcoin drops and bear markets in the past. This behavior is just naturally. Remember the first bear market we had was the one in 2012 when price peaks up to US$7.08 and declined -40% to US$4.22 with a duration of 185 days.

The other one wa the one we had in 2013 when price peaks to US$1149.14 and declined -83% to US$197.24. Now, it's true we're un bear cycle but with time, counterfeit fiat made by governments will eventually rise up it's value. Remember that the USA produces 38 million notes a day with a face value of approximately $541 million dollars each day  ;D

The recent bitcoin drop is normal as for the past some months the market is moving between 6000 to 7000 price range only, so for short term trading it is good but for long term still their is time

The price of bitcoin at every point is really something to be really concerned about. Since January, there have been heavy pressure on bitcoin, hence the fluctuations. But on a normal note, everyone has to be concerned with the price of bitcoin, alot of us have some money in it and therefore we should be really concerned about how well our investment is doing.

If you wanna know if how I do feel about the recent drop of bitcoin nowadays is that all I can tell you right now is that I really feel very much disappointed about the recent drop of bitcoin because it also affects all the other crypto currencies market value to go down the drain.

its matter of how much and for how many days you have invested. if you invest for long term then it doesnot matter or if you invest for long term its quiet dissapointing level we are stand on. but bitcoin will raise soon for sure. this year was not good for crypto world but next year will be good hopefully.

my feeling why at this time was a little lackluster and the question was right for me to express so it all seems similar to me the current bitcoin is so there is no enthusiasm for mining. and all colleagues don't just focus on bitcoin, but look for others not to rely on bitcoin, but others can fulfill your life

I'm feeling mixed emotions now. I'm a bit frustrated and excited. Frustrated because I regret my wrong moves before. I should have sold my assets earlier and not wait for a higher price anymore. Now, I'm at 90% loss because of my covetousness. Excited because I know that something good is going to happen in crypto 3, 4, 5 to 10 years from now. I know that everything that's happening now is just corrective, and when this correction is over, bitcoin's price will be stable and it'll be accepted worldwide as a mode of payment.

Feeling of sadness because of recent bitcoin drop. But i believe that it wil rise again sooner so we need to wait. Its a good time to buy bitcoin because of the cheap price and hold it for you earn a goofd profit. Dont waste your time hearing humors about bitcoin that will affect your emotions.

The depreciation of bitcoin is certainly demotivating, but I remain confident that it will regain its value and will still rise significantly in the long run

The drop of bitcoin has really affected my way of thinking. I must be honest, I feel like I should have even been scammed to know that the money was lost through scammers but this isn't that. I was watching my money sinking.

I've been with Bitcoin for a long time, from 2013. I remember well the time that was much worse for Bitcoin and the price wasn't near so high as now is.
So recent drop isn't any disappointment or discouraging factor for me. Of course I would like that the price was higher and that it didn't drop so much from the last year but still I look at this as normal Bitcoin volatility and conditions on the market that are changing all the time.
I'm not in a hurry, I have enough patience and time and the price will recover.

Looking at the general market cap, there is dramatic drop in the cash been cap.

Can't tell why some "gang" will just pump in cash and maybe just take profit and start another round of trading.

As I write, If I have enough to buy the dip, I would have done that, but hoping to keep this some profit taking till the actual bull run returns.

Although I feel not so happy about the drop in price and follow by another pump. I hope for a more stable market.

Of course, the first drop in price really scared me, as I was quite new in this area. But I looked at the growth chart for the previous years and saw that this is not the first such fluctuation. And that reassured me.

I tried to carefully study bitcoin before investing in it, so I was ready to drop the price. I don't see anything wrong with that. It's not a sign that he's dying, as skeptics say. This is just a feature of bitcoin, that's all.

Of course I'm pretty nervous, and still such a low price makes me worry. But there's nothing I can do about it or how to influence an price. I just keep my investments to myself and watch the market develop. Experienced investors say that everything will be fine, and I prefer to believe them.

That is of course, when you step into the crypto world, please think that the money you invest with Bitcoin is unused. And stop complaining that Bitcoin prices are going down, investment will always be accompanied by risk.

I don't see anything terrible about falling and fluctuating prices. The main thing in this period to be patient and not to sell their coins. And if you still panicked and sold your bitcoin, you still have time to buy it again, as the price is still low.

If I were you, I would buy Bitcoin now because it has a very low streak now and in the future it can bring you a very good profit.

Honestly, I was in a panic mode when bitcoin dropped as it was at its peak last year. However, bitcoin's growth rate went up from the time it started but with its dramatic drop and its volatility, i think we should not invest more than we can afford to lose.

I agree.If you're planning to hold for long term investment,then it would be perfect to start buying now while the price is definitely low.Because surely the price won't stay the same for a long time,this will rise up again in the next days.So start investing now and make good profit after holding for a long term.

I agree, Bitcoin price is always in volatile state, It is the market that is always been that way, I think the end of this year 2018 will be bullish depends on the track that bitcoin is taking, As you can see on its chart, It will be great again this year, I think I should hodl more.

Nothing I feel about the bitcoin drop as I know that it is the characteristic of Bitcoin, the price is volatile. So, it should be known and understand first before dealing to get into Bitcoin. It is common and natural if you are feeling shocked or regret about the market drop as you said that you are new in this crypto currency.

The good time was few weeks when bitcoin nearly hit $6,000 but now that its increasing again, you can now in profit.

But its not that too late, you can still buy any moment as you wish depending on your risk appetite. The good time to buy is when you think that it is actually the dip and you're now willing to spend your money with it. To be honest, I always feel bad when I see the price drops.

I am feel sad looking most my investment drop the value and i am believe i am not alone. But i am keeping my faith that bitcoin and others coin will recover the price when market start recovery. I am plan to hold my coin for long term because its keeps me relax

Practice if your decision is correct, because if you follow what other people say, you will not progress. Playing bitcoin is like playing stocks, there are times when we get big profits, there are times when we get losses. Playing in a healthy mind is better.

Will honestly,disgusting  what i've feeling in this happen of bitcoin drops down on its price value,because every hour i've always monitor the coins market caps if the price would rise again,but its sad its continue to drastic down to its lowest price value in the market,therefore i can conclude in my mind thats maybe theres no bullish run in this end of the year,because there is no sign that the price going high again same last year.

Being as a newcomer i would feel whenever there is drop in any market we should buy the product which will give us gain in future. and the same will happen in case of Bitcoin . The price of Bitcoin will swiftly rise and we will gain profit.

The recent bitcoin drop was typically felt normal considering after those months of continuous declines. However, just yesterday bitcoin showed something towards the other side by having a 10% rise within 24 hours only. So, the uos and downs are normal situations in a very volatile industry.

In my opinion. we are all nervous when the price of bitcoin or altcoin has decreased. and lately, crypto prices have been very volatile. within minutes the price can go up and can also go down. all investors must complain about conditions like this. many investors argue that a price conspiracy occurs by certain parties only to benefit a group of people. this will make crypto fall further because investors do not get price stability.

Your experience now is normal for new in this business, I suggest study more and read in this forum so you can learn about bitcoin. Bitcoin price is down for now but i believe bitcoin will rise again,, just keep patience and courage to wait.

I think dropping of price is just normal in the crypto world. The price keeps on fluctuating. We should not be panic and wait for the price to rise up again.

The downfall always makes many traders panic but you need to keep your spirits up. Otherwise, you will never succeed in this field. I think you should learn to analyze the market and participate in more discussion groups on Crypto. They will give you more experience and you will know what to do in the future.

You are an investor who is very trustworthy because many investors who feel fear and panic with the current situation, it takes a lot of confidence and patience to overcome problems in the present conditions

Honestly, I didn't expect the price drop of bitcoin to 20k to 6k I mean i thought this will only play from 10k to 15k but yeah we can't control the market. We made the price of it and we will suffer on it. But i know that this is normal so i just get over it.

You must be new. Do you know how many times bitcoin has risen and fallen? It happens daily to a lesser extent, but swings of around $100 aren't that uncommon up or down, and they can fall by a hell of a lot more and that can be worrying sometimes. Whether this scares you or not depends on your outlook and vision for bitcoin, though. It certainly wasn't nice seeing bitcoin fall from nearly $20k to $6k or whatever it was, but on the flip side it was very exiting to see bitcoin go from sub $100 to $1000 and then $1000 to its all time high. You have to expect this wild ride with bitcoin though, but if you believe in it long term you shouldn't be that worried as bitcoin is probably still in it's infancy in the grand scheme of things, but nothing is a guaranteed and I think these fluctuations are just part and parcel of bitcoin now. If you can't handle them then bitcoin probably isn't for you, but if you do believe in bitcoin long-term then yeah, it's probably a good time to buy. As I said though, nothing is guaranteed.

I didn't immediately get bothered when bitcoin first dropped in price. I panicked a bit when the price went down further because I had plan to execute a project. After a while decided to cast off it. I have decided not to sell my bitcoin at loss.

Feel worried and being robbed by day traders for they are the only individuals who are earning for their activities. There are huge whales as well who are good in day trading and could relatively move market price of a certain crypto in the market. Thus, could even control the market price of the crypto.

I honestly feel about the recent bitcoin price is now drop.. I'm not honestly OK, worried about my hodL, very much panic from what happened. Coz the day I probably joined here the market is dropped but that's not much, its honestly goes up and sometimes goes down. But I received much more blessings from that day. And now it's about to decide that much better to buy bitcoin for now.

You should inform people what's the pros and cons of investing rather than making the person feel "FOMO"(Fear of missing out) because not every investment can turn out to a positive result. :D

Buy low and Sell high this is the common dilemmas of everyone because no one knows when is the time that Bitcoin will go for an extreme dip to buy and when it will go skyrocketing for the perfect timing of selling. We all know that this Crypto Currency industry is all based on predictions and speculations and there is no one that has the accurate knowledge of the time that the market will go on a dip or an epic skyrocketing.
I'm not encouraging or discouraging anyone to invest or not to invest because every human being has their own choices and way of thinking but before a person decides to invest it is better to acquire a lot of knowledge and wisdom in this very volatile environment and should keep in mind that anytime, the money that he/she invested could turn out to the negative side and always remember to invest only the money that a person affords to lose so whatever might happen there will be no regrets on his/her decisions.  8)

No one knows when bitcoin goes up or down, it's better to use the best opportunity to buy bitcoin. And remember this is a high-risk investment.

when I am stuck at a very expensive bitcoin price, I can't calm down because the assets I have are stuck at a very expensive price, when my position is like your friend, I might forget my assets in the exchange for a while and as much as possible to do other activities such as looking for a job or vacation.

We can’t do anything, the cryptocurrency market is arranged, and even now the bitcoin price is very high and if someone wants to make investments, you need to be more cautious about this now, because for a long time the market hasn’t risen but just dropped, maybe more big jumps in growth will not be.

I myself don't have too much in my wallet so I'm not afraid or panicked at the current bear market. To avoid bad feeling when our investment drops in value, it would be better to risk / invest only the amount that we can bear which won't cause our minds to be confused when something beyond expectations happens.

You can do day trading too but if you aren't then it's your choice and you only have a choice to hodl if you don't mind them trading on their own. Besides, this is how the market moves it's either someone or you're the one who makes the first move, so don't be surprised.

Bitcoin has been fluctuating all year, a small drop in the price won't hurt much. And I agree with the others. The year is already in its final quarter, so expect the price to go up again. Also, don't forget that bitcoin's price is unpredictable anyway so have faith.

The experienced men that have been working with the cryptocurrencies for years know that if today you see that the cryptos are red, it means that tomorrow the situation can be different.

The prices sometimes suddenly drop in every month, it's because the market conditions on this year are indeed chaotic. But If you are willing to buy for long-term investment, then it's still the best choice.

It shows some negative impact to investors and lot of investors fear about the price drop because if it goes like this then they might be in Loss.
I feel very bad about the situation from past 3 months in price drop of BTC. But i hope by this year end we can see good results. on BTC price..

we are already aware about bitcoin's fluctuations but the recent drops that we experience lately  isnt small at all infact many of us did loose a huge amount of their capital by just hodling for too long without doing nothing .


Lets see if your predictions are real . many people do always believe about this myth but no matter what happen on the price of bitcoin , i will still be happy for him .


It is actually predictable if you would analyse it carefully . price charts , graphs , news, and other factors can help you predict the price

For each bitcoin drop and bitcoin increase in this past 5 month I felt "meh" about it. As long as price doesn't do something drastic I am not going to overreach on it. The price can go down as low as 6 thousand dollars and I would not be worried and the price can go up as high as 8 thousand dollars and I will still not be bothered by it.

The fact that we have been around the same gap for over 5 months for a long time made me immune to reacting towards the price anymore. I need the price of bitcoin to be like 4.5k to really start worrying or 12k or something to get really happy about it, without doing those types of marginal moves I am not going to do marginal reactions neither.

It is a risky investment, do not expect to start profiting from the first day.
You need to be patient and wait for good opportunities, chose wisely when selling or buying and don't get afraid when you start losing, otherwise you have to try your chance somewhere else.

As has always been the case with bitcoin, it depends on when you bought it. If you bought prior to 2017 and held till now then your bitcoin value in fiat has gone 10x+ so the drops aren't a huge deal. People may feel a little disappointed in themselves for not securing profits above $15k but there's not going to be any fear or panic. If you bought above $10k in 2017 or early 2018 then I can certainly understand the feelings of panic and fear of losing more value as we go here. In summary, where you initially got in dictates the strength of your hand and how you will feel about the drops.

Ordinary drop thanks to David Beckham ;D

I feel it boring and a bit frustrating much especially when it stayed for so long. But despite all that, i invest a little chunk of it when bitcoin reach 5,000$ mark and that somehow makes me feel okay too because i have now a good chunk of bitcoin.

Honestly, I feel bad though I am not a crypto investor but the uptrend has its unique motivation investors get when it happens. On the other side, investors should be alert and ready for any down trend which is called survival. As long as a person holds coins and do not sell in low market then there is not loss and it will be a big profit if investor make it to high market successfully. So, drop does not matter a lot as long as an investor holds and makes it to bull market so ultimately selling price will be high.

Honestly speaking bitcoin drop is due to manipulation of the market in the previous year. We are expecting another bump in the price but nobody thinks why the price collapsed in the start of this year. The main reason was that the market was fully controlled and temporary bump was created. People invested huge money in bitcoin to earn big money but suddenly it came to its original condition.

Yeah in these bearish situations only day traders can make money but keep one thing in mine as you told that day traders are the persons that robbed you, they never force you to buy or sell your coins. You are not so stupid to sell your coins on low price or buy on high price. Who told you to do that? And if you did that then why blame day traders. The fault is yours

Buying bitcoin now is a bit frustating especially if you bought bitcoin during hype and not sell it when ATH achieved, though lets still be positive that bitcoin can still make it recover soon.

Bitcoins sudden drop in price is not the first to happen and it won't be last either. If you have a long term view of bitcoins and this sudden drop occurs while you hodl your coins, it won't bother much .

It is good  time to buy more bitcoin because you can purchase more cheaper price. But mostly for sure some of them they feeling sad or hopeless when the price goes down. But my feeling when the market down is nothing or feeling normal because what ever happen I still believe it will increase the value again of the cryptocoin.

I really feel a bit worried about my portfolio as it is really affected due to bitcoin's price fluctuations. Since the 20,000$ mark and after it went down more than 3/4 of it only then that i started to worry. But still, i am hodling my portfolio until now.

I have checked my bitcoin balance regularly during this year because the price has been on a persistent downtrend. I have been hoping that the price will soon reverse but I got a bit worried as the downtrend continued. I have learnt to deal with my worries.

I can't do anything but to accept since it's really part on how crypto works and just wait for price increase. You'll get used to it as time goes by. Don't worry if you have much of btc and then this happened. You just need to wait for price increase but it might take longer, not just a year. Patience is all you need.

Actually no one knows when exactly the right time to buy. The  prices are fluctuating, no one knows when the price will drop down and when it will soar high. But if you are planning to sell yours right now, you can learn the situation, more importantly if you have decided, you need to take risk for everything that might be happen.

I personally feel find with the recent prices of bitcoin, just watching the situation before i finally can decide

Nothing to worry if the market is bleeding as this is a normal in cryptocurrency. Every downfall is a opportunity for us to buy more bitcoin at lower price and we need to ride with the volatility in this technology to earn our profits.

No need to panic as this is a normal trend in the world of cryptocurrency. It is an advantage and the best time to buy more while price is low and wait until it will recover. One should realize its full potential, how cryptocurrency works, what are its advantages and disadvantages, to be prepared and be informed in order to learn what is the best strategy that works for us. I personally feel like worried because price keeps on fluctuating and no one knows as when it will be back on track but I still keep my hope high and strong that Bitcoin can recover from crash.

It is normal for bitcoin to go down, because of the high volatility of bitcoin. Stay patient and don't hesitate about bitcoin, don't ever sell but hodl so that in the future it can make a profit.

I honestly feel really sorry about how my bitcoin holdings value to drop and not only bitcoin, the rest of my crypto assets are affected too and i can't deny that i am not really happy about it.

I personally consider this price decline to be a very bad thing, but I try to think this is a natural thing because the price of bitcoin is flexible. many people say the price of bitcoin will increase at the end of the year, I hope that really happens.

Talking about feeling, I doubt if there is anybody who would be happy with current happenings as mild growth is better than a sharp drop that has been witnessed  in the past couple of hours. However, the difference between those who know about the marker and newbie is how we react. An undeniable fact is that, at the moment whining or thinking about it does not change things for the better, it would rather make it worse.

So, for me, and so many other, its just one of those days that reds abound. There is no point having false hope. Tomorrow is another day to focus on other things. It could be a period to recover our losses, it could also mean more losses either way, we are moving forward. Deciding whether to buy, sincerely the choice is yours. If you can afford it, go for it.

  It really feel so disappointing of mine, but an opportunity as well. Disappointed in terms of having this bearishness for long period of time and being opportunity for the price of some coins are much affordable, which can give massive profits when bull market appear. Only hope and optimism.

I think that feeling should be the first, you have to think that weakening prices can be a good opportunity for you to buy coins
at a cheaper price, if most investors think like that, I'm sure the possibility of sudden drop can be reduced

the conditions of bitcoin prices are falling again now because I see there are rumors from the Chinese state saying where their exchange was hacked and all the funds in the members are lost, that's what makes traders panic and finally sells the assets they have and makes the price of bitcoin in place exchange falls.

I really feel bad about how some of my crypto assets affected by it but that's cryptos and it is what it is. All i'm gonna do now is to hold on on it tight and shift my plan to a long term plan and just wait for it to rise again.

Exactly, our reaction to things is what actually differentiates us most of the time, and that has a lot to do deeply with the knowledge we probably have when it comes to the space or a market in its entirety.

Many people today who get to worry unnecessarily about the current market condition are those who are in the category of the short term goals kind of people with no focus on the long term and all they care about is how they are going to be getting a lot from the short term, which clouds their judgment considering the volatility of now. For most part of it, those who see it as just a temporary thing as well as an opportunity to accumulate for the long term, they never see it as an issue.

Disappointing.
Just yesterday the price dip once more and it stays there as if the last sharp decline wasn't enough. So the bears aren't done yet they still want to squeeze the holders until they all sell what little they have to keep. I suggest those who still have been keeping and has set up a sell order at least sell it for a higher price. Don't just aim for few bucks.

Honestly, feelings are irrelevant when it comes to investment. You should just focus on your goal and strategy to achieve your goals. Never put your emotions when it comes to investment. Always consider every possible outcome and be ready for any decisions to be made on whatever outcome. This is actually a good time to buy more of what's previously at a higher price.

I must say that I actually feel indifferent, Since I have come to realize that a deep fall in price is somewhat part of every cryptocurrency circle. There's absolutely no reason for unnecessary panic, I have a huge trust that bitcoin will definitely get back to the very top in price again.

The fall and rise in prices are the nature of the market, and this will forever continue as long as the market's still standing.

The decline in the value of bitcoin this time occurs due to various factors, including:
Bitcoin and its scalability. When there are not many people who use bitcoin, usually bitcoin transactions can be recorded quickly and without the need for large fees. Over time this condition has worsened because transaction costs are increasingly expensive. Thus, the practical use of bitcoin as a means of payment becomes increasingly limited and not a few investors are turning to altcoins.

Bitcoin and its legality. This issue, actually has been developing for a long time especially when bitcoin prices skyrocketed to $ 20,000. Drastically the government in the country whose population is the largest bitcoin user, decided to end anonymity, impose taxes, and demand crypto exchanges to provide user data.

Bitcoin is not the only cryptocurrency. As we have known, that cryptocurrency isn't just bitcoin there are still thousands of another crypto which in every appearance always brings new innovations and is considered to be able to correct the shortcomings that exist in bitcoin. With the spread of assumptions like this it's not surprising that in the end many investors are changing their direction to invest in other cryptocurrency.

To be honest, the condition of the bitcoin price that fell like this made me very depressed because the fall in the price of bitcoin had an effect on the fall of other cryptocurrency prices, which made me stuck at a very expensive price. Hopefully the price of this cryptocurrency could recover later this year.

Those who usually feel disappointed at certain point in time like this are those who never got to understand the market they were entering before even making any attempt at all to get in. We are talking about a market that fluctuates normally and seeing reds like this is something that is normal and an opportunity for a good bargain or will I say a discount.

It is just quite unfortunate that so many people see that simply because they know how to set their mind on the long term, they understand the opportunity and benefit that lurks in the long term and see now as an opportunity to derive the best benefit in the long term knowing that this is just a phase that usually does not last forever.

Anywhere you go and visit on a cryptomarket, we always see a majority red values of cryptocurrencies. Some of these cryptocurrencies are also sitting in my wallet and it really made me a bit worried and bored sometimes but i just take it as a challenge because this is really just normal thing if you engaged in cryptos.

Bitcoin has been dropping a lot lately, but since 3 months, the speed has been slow and stopped. Actually anyone who has the money to buy Bitcoin will be very easy to get rich when 1BTC price is only $ 6,300 potential and people. We move mainly through BTC and ETH investment.

Yes it's good time to buy now because you afford it. Well about my real feelings about bitcoin drops of course it's sad that you see that bitcoin drop together of your funds it's hard to see because we want to make a good profit that why we are here in crypto.  But I think it's normal to bitcoin to be drop because it will back on track again.