Bitcoin Forum

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

The dips are "stops for refueling the rocket". So they do matter, although the big ones, like this, can badly shake newbies' "confidence" in Bitcoin. (Actually in its price evolution).
Of course, those who already experienced a couple such dips are somewhat more relaxed, also because they're usually still on profit.

Ah, and not only HODL, instead also BTFD  ;)

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.

Expect a lot more of those soon. It is an immediate reaction of some people here just because the price corrects a bit.
They see a crash, I saw a discount and an opportunity to buy more. ;)

I imagine that people even had those reaction back in 2019 when Bitcoin even dipped below 4k when it  was stabilizing back in 6k-7k before it rebounded back to 10k.
Just like what NeuroticFish said, it is just "refueling the rocket".

These dips are not new to the market but what actually happens after correction is weak hands or say new investors sold to the big whales who later on enjoys the real profit.They try to create FUD in the market after which price falls and new,weak and panic investors sold at that price levels and big whales and institutional investors took undue advantage of it and buy at low and sell at peak prices.We have seen market crash in 2017 when prices dumped from $20k to as low as $3k but again btc recovered from that and touch it's ATH of $64k this year.So we don't need to worry about such dips if you are long term holder rather what best you can do is buy at dips which will eventually boost the prices and situation normalises in this crypto market.

they panicked because they were new. it was the first time they felt a price drop like this, plus the FUD made them even more panicked. I am not at all surprised by the decline that Elon musk tweet caused.

after knowing that bitcoin could go this high, the bearish in 2017-2018 also don't really matter that much, people seem to have forgotten that doesn't matter how much bitcoin gets dumped its gonna come back to up again and that already happened many times, further more
now bitcoin is more popular than ever, most of people who exposed internet also somewhat know the existence of cryptocurrency I wonder how big the next come back gonna be and yeah post like regretting not buying when in dip definitely gonna surface again meanwhile if given another dip they gonna engulfed in fear again lol.

Bitcoin is known for its extreme volatility where falling 30% of its value in a single day is not really shocking. Volatility is one factor that is actually working for Bitcoin as I don't think it is what it is right now if its price is moving as lazy as the real gold. All the excitement is centered on its capacity to go up and go down in a blink of an eye. When BTC is having a dip, we should not be worrying about because if it can go low it can also go high anytime in accordance to the market sentiment. The current dip we have is centered on developments in connection with Elon Musk, a man who is actually an outsider of Bitcoin. Sadly, we are being victimized again by another personality akin to Jamie Dimon in 2017, with twists of course. Wasn't it one of the reason why Satoshi Nakamoto left Bitcoin - so that the coin will not be tagged to a certain personality?

No. Op is saying that its not Elon's fault why the market dumps but because the market just reaches its peak and its overbought. This is also true for those who look at the  charts but then the fundamental news also affects the market like Elon fud about mining and how it spend energy.

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.

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.

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?  :)

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.

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.

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. 

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.

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.

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.

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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.

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?

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.

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.

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 ..

And also to the negative news that are spreading FUD as well as the usual market that's being oversold.

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.

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.

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.

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

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.

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.

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.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

People arent still experienced to be still in shocked on these kind of times.  ;D For new people then its understandable for them to get shocked

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

I agree that in the current situation, where the price of Bitcoin drops deep enough, we have nothing to lose as long as we don't sell the Bitcoin we have.
Therefore why sell Bitcoin when the price is low like now, we better be patient waiting for the market to recover. It takes patience to face a falling market
like now, but if we are able to be patient, happiness will await us. Because usually the Bitcoin market recovers very quickly, so just be patient until
the Bitcoin market recovers.

Although this is not the first time the dip market happening, many people panic about this situation. It is normal because this is during a bullish time. Many people think that the bullish trend has ended so suddenly and going to be a bearish market. Moreover, many coins or tokens experience more than -40%. This is a very deep dip and makes many people frustrated. Moreover, those who are playing at future trading.

On 2013 Bitcoin dipped from $1000 to $250 but look now the price going up multiple times from it. Difficult to predict the bottomed of price Bitcoin currently, but for longterm holder now become the best decision to catch Bitcoin, because the price already down more than 50% from the top. Many factor will make the price of BTC keep rally in the future, even possible another 10x. Not only retail investor jump in to it but also more instutional looking in to Bitcoin as investment to beat inflation.

Of course this isn't the first time bitcoin experience such situations wherein only greedy ppl will immediately dump because of that tweet or some sort of fuds around the internet not those smart hodler.. Actually this have been tested and only greedy ppl missed the real opportunity to make a massive profits because its the way how bitcoin bump after the dip. They don't know about that probably?

Well, for some people it is their first time to experience such dip so you really can't blame them especially if they aren't informed or doesn't have any friend that have experienced on the past dips, they will likely be susceptible to panic.

I bought Bitcoin for the first time in 2017 not based on someone's tweet, I believe Bitcoin is the future...

following trends or fomo on social media is the wrong step, on average they will definitely lose and not profit. buy Bitcoin because you believe that it will make you profitable in the long run, and don't sell when you are in a bear market, just hold on.

Honestly I like the way market is moving right now. This is the beauty of it. You get many chances to enter the market if you miss the so called bull run train. I seriously advice those people who were cry babies when the market was ATH and they were not able to buy the crypto currencies, i mean not even the altcoins.

I hope they find it better opportunity rather than fearful shock that why crypto is dumping in grand way.  :P

I literally ignore the market when it is dumping itself because it has ability to recover no matter what.  :)

Yes, mate no need to worry about that. I'm doing crypto-related jobs since 2018 and have experienced BTC around 3500$- 4000$. So I missed all the bull sessions. If you sell crypto please think twice to sell it. Surely it will be moon after some period if the project is good.

I agree with you on this really much. Yeah, the market is highly manipulable and we've witnessed so many examples so far too. But Bitcoin is a strong cryptocurrency. It will recover from this fall also sooner or later.

Yes this isn't the first and it wouldn't be the last we should appreciate it for real.
Because of this events I now really believe that happiness is a choice we could either be sad because of the price drop or be happy about it ,
It would all depends on how you would handle the situation so good luck to all of us and I hope you good luck during the dips.

Yeah, this isn't the first time it happened and won't be the last. This market is highly volatile and we should always be ready to see big fluctuations. It may be due to a manipulation or a totally different factor.

True and that is why Investors that believe in Bitcoin will always take advantage of circumstances like this dip to acquire more. History has told us plenty about how possible it is for Bitcoin to recover from dips and this is also one of such dips. 

There is nothing to be afraid of, I agree. In fact, I see these situations as an opportunity to accumulate and increase my investment into Bitcoin. Buying from the dip is the most delicious activity for me.  ;D

Bitcoin dumps have been repeated many times, and after that many times Bitcoin has recovered successfully. The same is the case with Bitcoin today,
so we don't need to panic about the current decline in Bitcoin prices. We have to be patient and believe that Bitcoin will soon rise again in price. If we
look at the history of the movement of Bitcoin, several times the price of Bitcoin fell quite deep, but not long after that finally Bitcoin managed to
go up again, sometimes even higher. So I never had any doubts about Bitcoin, I will HODL the Bitcoin that I have.

Even if this is not the first time the bitcoin experience, many people still panic and sell their bitcoin. Maybe they forget that it happens temporarily and not for a long time, but they see much negative news spread on social media, which makes them worry. The news on social media is different than before, so people who do not have much experience and knowledge will confuse and afraid if their investment does not work. So they decide to sell their coins without thinking much about the recovery of the market.

Yes, we shouldn't panic because of the recent dump. Panic makes people do silly things. I didn't miss this chance to buy more BTC and ETH. If one is a HODLer, this is one of the golden opportunities definitely.

- A history book with brief lines of market crash and return published every year with bitcoin is not a thing to be forgotten but the figures are inconsistent and that gives a different experience of panic, more precisely, people are still not able to adapt in time to this new collapse, communication is also strong in causing pressure and this is the result we get, the liquidation and evaporation a huge capital. Psychology is the weakest thing that people show outside, not for the first time but this ghost still affects decisions.

In fact the crypto market must be stable or rise and fall. Pump dumps are constantly happening in the market there is nothing to panic about the reason for going down is that the market will go up again this is a good opportunity to hold on to huge profits in the market due to the negative impact, many traders are selling their currencies for which the prices of the currencies have started declining. You have to wait and see for the market to rise soon.

Yes, this isn't the first time we are seeing the market as bearish. We will always have these times. The most important is to make use of these chance to invest more. This is one of the biggest chances for HODLers especially.

I'm appreciating with your opinion. Price falling is the biggest opportunity for investment. But in Bitcoin you need to invest for long time. If you have enough patient to hold bitcoin long time then this dip is the biggest opportunity for you to buy some Bitcoin. Bitcoin is one of the most potential Crypto currency. Though now price is decreasing but price will increase soon. Stop panic sell and hold strongly.

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

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

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

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

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

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

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

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

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

But what you said is perfectly correct, If you are not ready for this kind of situation then you are investing in the wrong place..This is Volatile market and weak hands does not belong here.

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

It's time to hold back, don't panic when prices go down, make sure all of this will recover to normal, many panic and sell their assets at times like this but they will regret it when they see the market has started to recover like my experience in 2018, I don't want that bad experience to repeat itself.

If we panic to see the Bitcoin price fall deep enough right now, it will only hurt us. Because Bitcoin prices have often fallen, even the worst happened
in 2018, but in the end Bitcoin always managed to recover again. That's right, don't let our bad experiences in 2018 happen again, we must be able
to learn from every experience we have experienced. The best step we have to do now is that we have to HODL our Bitcoin until the price recovers
and that does require patience.

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

Keep buying while the price still cheap and never to look for short term goal it will really hurt your investment

if you don't have the right management of your asset, those who managed to buy last year and wait after this

year are good example of patience being used and rewarded by huge amount of profits.

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

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

Exactly, holding your BTC is the best thing to do for now and just add more whenever massive or small dips happened. Only people who're still new on how investment in cryptocurrency works panic sell and exaggerate things. If you're into a long-term goal then massive dips don't really matter at all since we're looking forward to its value in the future.

the price reached $60,000 thanks to the twitter of elon musk and now the price has dropped to $35000 thanks to the twitter of elon musk, there is no way for people not to panic and sell bitcoin when they realize that there is a man who can when he wants make the price go up a lot and then make the price go down a lot, anyone panics and sells. what is happening in that market is something abnormal and dangerous. I lost $80 in a few minutes

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

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

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

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

In situation right now, it is better to buy Bitcoin than to sell Bitcoin, because Bitcoin is a very good asset in the long term. We ourselves must
ultimately have the courage to make decisions, if our decisions are right, such as when buying Bitcoin at a low price, then can patiently HODL
Bitcoin until the price goes up. Then it will indeed be able to get a large amount of profit, so right now our trust in Bitcoin is being tested.

buying bitcoin for now is indeed the right time, but it should be noted that currently the crypto market price is crashing, pay attention and wait until the price will drop so you can get a deep price. Having a reserve fund at this time would be very good.
to enter into altcoins is still very risky.

If you think that bitcoin price is already in its dip, then start buying now. You will gradually be making profits in the future if you hold it for long term. With altcoins, i think there's always a high risk in choosing altcoins to buy right now because we know   exactly that altcoins even if its still in bullish season, since the fundamentals is not that strong so there are high chances that its prices will suddenly drop particularly if we end up buying shitcoins. So make sure to DYOR everything before  taking buying decisions.

pero es un problema que elon mask sea capas de mover el precio, no les parece?

People aren't used to being stunned in these types of circumstances. smirk It is understandable for newcomers to be taken aback. However, it's odd that the older kids haven't gotten used to it yet. Instead of panicking, see this as an incentive to buy low-cost coins in the market and prosper as the market begins to rebound.

When they do deal into this market then they should really be getting used to it because these movements are just typical or ordinary days here on crypto market.

Normal reaction for someone who had just recently get in into this market but as they gain experience and awareness then this one wont really be bothering you anymore

but there are really instances where crashes could really put you into that unease feeling which is unavoidable but due to experience you can handle it.

If you can afford to get nothing for how many years of holding, then continue to hold but for us who wants profit and given the chance already, I take this anyway. I sell not because I was in panic or like to say I was a weak hand, not it is not. There is another reason why people did this because, for me, I only take the opportunity where I can make a profit which is that will be our goal, we can't deny that right?
If you are not selling, that was your choice but you can't stop people from doing what they think is right.

Most of us were here when the correction of 2018 happened so we already have knowledge on how to react and what to do when these kinds of corrections happen. I don't want to call it a crash or decline, for me this is totally normal reaction of the market. People like billionaires and celebrities have been hyping the coins too much that the market reacted when the price has been too much high and then the same people starts throwing crap to Bitcoin and cryptocurrency in general. Chill people, this is not over yet.

because this concerns their money and you can't blame them. One at a time people realizes but until all realized that there will still panicking that happen time after time so be mind of that.
Wish all users are Old users but it is not, there are many that enters every now and then and their beliefs are far different from oldies .

Since Elon first experimented on Dogecoin, he had a better understanding of how to manipulate the price of Bitcoin with his tweets to his benefit. Come to think of it, I would probably have done the same if I were in his position...

No, I wouldn't do that! The crypto community is too important to me to take part in such a thing.  ;)

Like you claim, this is not the first time dip happens but this is actually the first time it will be as a result of one man's claim who actually believed and later said otherwise and the effect of the tweet will be as enormous as what we are experiencing now. Things like this cannot be far-fetched just waiting for the outcome of all this on him.

A countless times that we experience these corrections, in fact, there are times that we become doubted if the market will have the chance to recover or not. But all of these struggles and difficulties have been conquered and win. That is why every time the market turns like this people already know what to do, instead of getting panic and start selling, many of them manage to hold and patiently waiting for the recovery. People haven't become hopeless, they even give more trust to crypto as they think that this is reliable, not a scam thing as many people think this before.

buying in stages is a good decision. but what needs to be considered is managing the capital owned. indeed there will always be risks, especially in altcoins, because altcoins are currently not doing well. stay away from shitcoin for now is also important, don't get into shitcoin.

Bitcoin and some of the top altcoins are great choices. bearish persistence and FUD still spread. prepare your funds to buy cheap. All risks are the responsibility of each.

I was very happy to have bought Bitcoin a few days ago at the price of $ 32k, and now the price of Bitcoin is starting to go up to the price of $ 38k.
Hopefully in the near future Bitcoin can rise again above the price of $ 40k, if that happens then besides my decision to buy Bitcoin right when
the price is low. I can also profit in the short term from Bitcoin. Regarding altcoins, it is very risky to enter now, but if we buy top altcoins it should
be safe.

If you invested in crypto in the early years, you will definitely understand how bearish and bullish season works. Now that we are bearish, people should always look the positive side and not being negative minded just like losers do. This dump season has happened several times and of course this is not temporary. Just keep on holding your coins to avoid losses and those who have enough funds to start buying in this dip, this is the best time for it.

If you really understand how the crypto market works, you won’t be surprised at what happened today because bearish and bullish seasons have happened many times. Don't think negative on the situation like this, instead take it as an opportunity to buy. Complaining about the market situation will not help you earn.

I also agree with my friends, this has become a common thing, decreasing prices is a common thing, we don't have to panic, if we are afraid of a price decline, other people will take advantage of it. , because I'm sure after red there will definitely be green `` that's what happened like last year ''

Yes it is not the first time that this dip happened, from time to time market has been up and down, there is no permanent value, there is a constant change that is what you have to adjust also your mind and your heart about it, or else you will get disappointed, chance are you will give up and withdraw and your profit will be wasted. and so take this time to buy and hold for the future use and hopefully for bigger profit.

Do I have any other options than to Hodl? NO I never bother for a while during the massive dumping I left my BTC in my wallet with a stern belief that the price will recover having been in the crypto for almost five years and I witnessed some price corrections and recoveries even in the wake of covid-19 restriction last year the price of bitcoin crashed and recovered to attain a huge price mark of $60K this is quite massive it is obvious that price recovery had already started.

It's a neverending cycle. Veterans won't bat an eyelid, or scramble to enter while newbies will panic because of the volatility. Years to come, the then-newbies are the veterans and a fresh wave of newbies panic and they do the same thing ;P