Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Victony on April 22, 2023, 09:43:24 PM



Title: Benefits of Bitcoins recent price drop
Post by: Victony on April 22, 2023, 09:43:24 PM
Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better

It will help those that have long wanted to join the Bitcoin ecosystem quite encouraged to purchase Bitcoin

It will help capable hodlers  reduce Bitcoin spending to in turn help increase demand and value


Title: Re: Benefits of Bitcoins recent price drop
Post by: dimonstration on April 22, 2023, 09:54:52 PM
Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better

I agree on this. This is always whatI’m thinking whenever the price of Bitcoin drop significantly. It’s a normal correction since we reach 30K from below 15K last year. I think having a 100% growth within a year is already a good achievement for us to less worried on simple price drop like this.

It will help those that have long wanted to join the Bitcoin ecosystem quite encouraged to purchase Bitcoin

I think only those who take profit are willing to enter when everyone is fear to buy. Normally, non bitcoin holder that doesn’t want to buy on current price will always be scared buying on current price. They will always wait for dip and dip until Bitcoin pump again. They will buy when the price is mooning and not dumping because they will always be scared.


Title: Re: Benefits of Bitcoins recent price drop
Post by: smile1218 on April 24, 2023, 02:21:14 AM
With the recent price drop of Bitcoin it gives the investors an opportunity to buy Bitcoin at a lower price that is one of it's benefits. But not everyone is willing to invest they are still longing for a much lower price before they will invest. The long time players in this kind of investment are the most capable in investing in bitcoin and willing to take risk because they are already used to the volatility of the market. Taking advantages of the price drop is worth it if you are aiming for a long term investment.


Title: Re: Benefits of Bitcoins recent price drop
Post by: thecodebear on April 24, 2023, 02:37:48 AM
Price drops are of course healthy. We've already had numerous price drops so far this year. This one isn't any different. heck we had a much bigger price drop just like 6 weeks ago.

When the price doesn't drop or go sideways occasionally, we end up with something like 2019 when the bear market ended and Bitcoin went from $4k to $13k in like 2-3 months and then we got like 6 months of it steadily going down. The market overheated due to hype of the bear market ending in 2019 and we got a little mini bear market the whole second half of that year which wasn't fun.


This year so far the price action has been very healthy. Price has gone up a bunch but every couple thousand dollars it has stopped for a while or dropped back down to keep things in check and keep the price from shooting up too quickly.

Like, we want Bitcoin to be working its way through the $35k-$40k range over the course of this summer, we don't want it doing that like next month, cuz that would be too fast. And if Bitcoin had just kept going up from $30k this month, instead of taking a breather with a drop, like it has already done several times earlier this year, we'd been seeing $35k-$40k probably in May and then we'd probably be looking at a couple months long down market in the summer which wouldn't be fun for the market.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Poker Player on April 24, 2023, 03:24:51 AM
Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better

It will help those that have long wanted to join the Bitcoin ecosystem quite encouraged to purchase Bitcoin

Yes, well, you can always look at things from an optimistic perspective. The problem is when we have been in the bear market for a long time, being able to buy cheap. You are looking forward to the price starting to rise, although this year it has started to do so and it seems that we are getting out of the hole.

It will help capable hodlers  reduce Bitcoin spending to in turn help increase demand and value

This does not make much sense and also confuses value and price. The value is an objective idea that does not have to coincide with the price at this particular moment, which is subject to the feelings and ups and downs of the market.


Title: Re: Benefits of Bitcoins recent price drop
Post by: bbigtart on April 24, 2023, 03:45:20 AM
A fall in the price of Bitcoin can be an opportunity for investors to buy Bitcoin at a lower price. For investors who are familiar with the crypto market and the Bitcoin ecosystem, price drops can be seen as an opportunity to buy more Bitcoin at a more affordable price.

What needs to be understood Bitcoin has grown and become increasingly strong in the ecosystem. This is reflected in the increasing number of large companies that are starting to accept Bitcoin as a form of payment, as well as the increasing number of financial institutions that are interested in investing in Bitcoin. So the late end bitcoin drop I think is healthy.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Fundamentals Of on April 24, 2023, 03:47:21 AM
The first benefit of the recent Bitcoin price drop is that it is made more affordable. People who have been buying Bitcoin will be happy that this time around they can once again buy Bitcoin at a discounted price. Those who have been buying in DCA mode will also be happy because this will bring down their average purchase price.

But those who have always been waiting for the price of Bitcoin to fall down so that they will buy will never really buy. If they don't buy when the price rallies and they won't also buy when the price corrects because they fear that it will decrease more, they will never really buy.


Title: Re: Benefits of Bitcoins recent price drop
Post by: laurenB7742 on April 24, 2023, 04:05:20 AM
Simply put, to make a profit on our investment, we need to buy low and sell high, and the bear market is our buying opportunity, so I never panic and always feel excited every time the price drops. It's an extremely understandable thing in investing, but I don't understand why so many people panic and panic when bitcoin drops 5% or 10%. People just always want bitcoin to go up and have the highest price. The price increase really has no effect if we don't have bitcoin in our pocket. It only makes us regret and envy the success of others.


Title: Re: Benefits of Bitcoins recent price drop
Post by: reagansimms on April 24, 2023, 05:56:12 AM
Bitcoin performance from the middle of March to April was very good, reaching $30k was the momentum that holders had been waiting for. Investments that understand Bitcoin performance always welcome the correction that has just occurred, they will prepare supplies before the plane departs on the next flight. After putting in a grueling job in the last few months, Bitcoin looks like it's looking to get back on steam for its next pump. What you just saw in the market is a normal correction experienced by Bitcoin, Holders who are afraid of market conditions will immediately release it to people who have the financial strength to welcome the upcoming bull.

The market sentiment turned bearish due to profit taking by some investors who had been holding Bitcoin since last year at around $15k, another cause of further Bitcoin decline as Bitcoin holders were unable to withstand the market pressures that invited mass selling. On the other hand this modest decline will reverse course leading to the liquidation of a large number of bullish investors who have always been optimistic about Bitcoin performance to return to above $30k.


Title: Re: Benefits of Bitcoins recent price drop
Post by: davis196 on April 24, 2023, 06:05:43 AM
Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better

It will help those that have long wanted to join the Bitcoin ecosystem quite encouraged to purchase Bitcoin

It will help capable hodlers  reduce Bitcoin spending to in turn help increase demand and value


This is wrong on so many levels.
1.The Bitcoin price has nothing to do with the Bitcoin "ecosystem"(I assume that by "ecosystem" you mean the blockchain). The Bitcoin price could be 5 dollars right now and the Bitcoin blockchain would be as strong as if the price was 60K or 100K.
2.There is no such thing as "impatient hodlers". The true Bitcoin hodlers aren't impatient. The ones, who are selling BTC right now are the day traders and short term investors. They are not hodlers(or maybe they are hodling a part of their BTC and selling the other part).
3.The newcomers to the Bitcoin/crypto world don't understand Bitcoin better than the experienced Bitcoiners.


Title: Re: Benefits of Bitcoins recent price drop
Post by: serveria.com on April 24, 2023, 06:24:22 AM
Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better

It will help those that have long wanted to join the Bitcoin ecosystem quite encouraged to purchase Bitcoin

It will help capable hodlers  reduce Bitcoin spending to in turn help increase demand and value


First, I have to point out that this isn't a "drop", "fall", "decline" etc. This is merely a correction, a tiny one. Anyone, who has been in Bitcoin long enough will tell you that. There's no "bearish sentiment", in fact, we're climbing back up already. So keep calm and have some patience - you will be rewarded for that!


Title: Re: Benefits of Bitcoins recent price drop
Post by: aoluain on April 24, 2023, 06:34:27 AM
Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better

I agree on this. This is always whatI’m thinking whenever the price of Bitcoin drop significantly. It’s a normal correction since we reach 30K from below 15K last year. I think having a 100% growth within a year is already a good achievement for us to less worried on simple price drop like this.



...and when the markets start rising again past the point at which they sold their Bitcoin
it teaches them that they either should have bought back at a lower price or never sold
in the first place!

Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better

It will help those that have long wanted to join the Bitcoin ecosystem quite encouraged to purchase Bitcoin

It will help capable hodlers  reduce Bitcoin spending to in turn help increase demand and value


First, I have to point out that this isn't a "drop", "fall", "decline" etc. This is merely a correction, a tiny one. Anyone, who has been in Bitcoin long enough will tell you that. There's no "bearish sentiment", in fact, we're climbing back up already. So keep calm and have some patience - you will be rewarded for that!

...and this "correction" was due like the rise which will follow this fall.

Its funny how the Bitcoin price always have to "correct" to a lower price and never
in the opposite direction!


Title: Re: Benefits of Bitcoins recent price drop
Post by: Botnake on April 24, 2023, 07:47:02 AM
Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better

It will help those that have long wanted to join the Bitcoin ecosystem quite encouraged to purchase Bitcoin

It will help capable hodlers  reduce Bitcoin spending to in turn help increase demand and value


First, I have to point out that this isn't a "drop", "fall", "decline" etc. This is merely a correction, a tiny one. Anyone, who has been in Bitcoin long enough will tell you that. There's no "bearish sentiment", in fact, we're climbing back up already. So keep calm and have some patience - you will be rewarded for that!
I would agree to this. Bitcoin is highly volatile so expect that corrections will appear every now and then. But for me, it isn’t something to be disappointed about the price. It’s even a good opportunity to buy more while bitcoin has not reached its peak. And as a long term hodler, I get used to it already and one thing is certain, no matter how deep the correction is, the price will always come up climbing again once the correction is over.


Title: Re: Benefits of Bitcoins recent price drop
Post by: LittleBitFunny on April 24, 2023, 08:25:07 AM
Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better

It will help those that have long wanted to join the Bitcoin ecosystem quite encouraged to purchase Bitcoin

It will help capable hodlers  reduce Bitcoin spending to in turn help increase demand and value


First, I have to point out that this isn't a "drop", "fall", "decline" etc. This is merely a correction, a tiny one. Anyone, who has been in Bitcoin long enough will tell you that. There's no "bearish sentiment", in fact, we're climbing back up already. So keep calm and have some patience - you will be rewarded for that!
You are right, what is happening is a correction of bitcoin, not a drop as many are spreading. We went from 15k to 30k, and the correction is predictable. But whether it's a correction, drop, or fall...as long as it keeps the bitcoin price low, it's the perfect time to buy and accumulate bitcoin. This is not the time to panic and find out what caused it, or panic dumping our bitcoins.

I feel many people still don't understand the benefits of bitcoin correction and price drop, every time bitcoin corrects, there are many questions asking why, why bitcoin is falling without focusing on buying bitcoin when the price drops.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Obito on April 24, 2023, 08:56:00 AM
With the recent price drop of Bitcoin it gives the investors an opportunity to buy Bitcoin at a lower price that is one of it's benefits.
Exactly, a lot of people are worrying too much about the price dropping, when it's always been an opportunity to buy whenever the prices are down and now with bitcoin's strong market price history, it should be a no-brainer for many people to get into it while it's not yet skyrocketing. But not many have the money to spend to get into long-term so we have to factor that in.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Outhue on April 24, 2023, 09:05:11 AM
It's nothing but a shake out, this shake out is necessary because of weak hands, and some are saying that Bitcoin is going back to 15,000$, it sounds scary and possible but I am not bothered because every down fall of Bitcoin is a new opportunity, if your goal is 80k to 100k per Bitcoin its a good opportunity for you to keep accumulating. It won't matter if you are buying at 25,000$ or 15,000$, if your goal is a new all time high from Bitcoin do not stop buying.

Many people lose their cool once bitcoin start losing value, if you don't accept this as the normal thing you will always be in a panic and you may end up taking profits too early or even selling for a loss, Bitcoin market is not for weak people, and weak people in crypto space are those that failed to understand how Bitcoin works. Whatever the case might be, always plan for a long-term hold, a bear market will come to an end when the time is right.

When my portfolio goes down 20%, I always get affected, and this has led me to make some stupid decisions that I end up regretting. The first mistake I made as a crypto investor was fear of losing money. Do not make the same mistake, holding is the best way to grow your portfolio.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Jawhead999 on April 24, 2023, 09:09:41 AM
I don't think the recent drop 10% in 7 days is really a big matter, it's normal and not that big. Many people already suffer higher than that especially if they invest in shitcoins, but the difference is, holding shitcoins price high unlikely will recover while Bitcoin, anyone already expect it will recover after a year of halving season.

If Bitcoin price back to $20K, then it's obviously many people will spreading FUD and thread like this is needed to make weak hands aware.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Doan9269 on April 24, 2023, 09:28:24 AM
Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better

It will help those that have long wanted to join the Bitcoin ecosystem quite encouraged to purchase Bitcoin

It will help capable hodlers  reduce Bitcoin spending to in turn help increase demand and value

In everything, always take advantage of the situation or circumstances that surrounds it, when bitcoin price is dip, some make their money that exact time while others also make theirs when it surges, this was because they understand what they are doing, trading does not rely only in buying and selling, it involves the understanding of the market strategies and patterns in which bitcoin price is going toward, this direction could be deduced from the chart pattern on weekly candles, speculation on price and comparisons of previous occasions on bitcoin price at same time.


Title: Re: Benefits of Bitcoins recent price drop
Post by: kaseygriffin on April 24, 2023, 09:33:35 AM
The Bitcoin price drop can have different benefits and consequences, when the price is lower, newcomers who want to enter the crypto market have an opportunity to invest in Bitcoin or other cryptocurrencies at a fraction of the cost lower investment. Lower prices could get support from mid-term or long-term investors, helping to reduce selling pressure in the market. A falling price provides a more accurate assessment of Bitcoin's true value, making the market more honest. However, price drop can also have consequences, I think lucky investor can still sell their Bitcoin before the price drops, but unlucky investors will lose money when the price drops. Along with that, unstable growth can reduce the reliability of Bitcoin as the currency of choice for investment or use in transactions. The drop in price not only affects Bitcoin but also affects the entire crypto market, which in turn can create instability and difficult to predict in the market. All in all, the Bitcoin price drop can bring both benefits and consequences to the cryptocurrency market and investors, so it is necessary to have a sound investment knowledge and strategy before deciding to invest in Bitcoin or not any other asset class.


Title: Re: Benefits of Bitcoins recent price drop
Post by: jossiel on April 24, 2023, 09:54:40 AM
Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better

It will help those that have long wanted to join the Bitcoin ecosystem quite encouraged to purchase Bitcoin

It will help capable hodlers  reduce Bitcoin spending to in turn help increase demand and value
Well, it's difficult to hear it that many are impatient but then you know who are amongst those who really are waiting for those sold bitcoins at cheaper price?

Those are the whales and the institutions like Microstrategy that have been dedicated to acquire as many bitcoins as they can because they do understand the promising future of it based on the factors that it has got.


Title: Re: Benefits of Bitcoins recent price drop
Post by: karabiber on April 24, 2023, 10:05:47 AM
Bitcoin is also below the weekly average and seems to support this decline. Of course with the decrease in bitcoin price, the entries of those who want to join the ecosystem will accelerate and demand will increase. However, if you need to give advice to those who will make new investments from here, you should give up on sudden purchases and sales. 

Be sure to be patient and adopt Hodl if possible. Inactivity is better than activity in this market. The market we are in is bearish and if you are going to invest now, never panic and wait. Hope to see you in the good days to come.


Title: Re: Benefits of Bitcoins recent price drop
Post by: S A KHAIR on April 24, 2023, 10:18:50 AM
Not only is the recent bitcoin price drop beneficial, but every bitcoin price drop is always beneficial, especially the dumping last year. I even got some bitcoins for $16k, $17k and for me it couldn't have been a bigger win and I won't have such an opportunity again in the future.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Grasper on April 24, 2023, 10:22:03 AM
The recent dropping in price of bitcoin is a blessing to those that missed it from the time it should have been bought. I made my analysis on maybe to buy my crypto this week, the analysis was made yesterday but the result states that waiting is better because of the neutral tone of the tradingview signal. The lower price of the crypto will make it be bought cheaper and is an opportunity for safe investors. But it can't go as low as $15k, when it is around $22k, I can buy it.


Title: Re: Benefits of Bitcoins recent price drop
Post by: michellee on April 24, 2023, 10:30:51 AM
Only wise and patient people can see the fall in bitcoin prices as an opportunity because they can still buy bitcoins cheaply. But the people who panic about the dips won't see it as a flip because they might sell their bitcoins before they suffer a loss.

If they sell bitcoins, they are already at a loss because the value of money they get is less than before they bought bitcoins. Meanwhile, if he keeps holding his bitcoins, he still has the opportunity to make a profit when the bitcoin price rises again.

And now, we are again allowed to buy bitcoins at low prices. However, we must be wise in buying bitcoin and not buying all-in because there is a possibility that the price of bitcoin will fall again. Try to analyze the movement of bitcoins before buying bitcoins to find the time that works for you.


Title: Re: Benefits of Bitcoins recent price drop
Post by: CryptSafe on April 24, 2023, 10:41:12 AM
Impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better.
It is known that panic selling causes alot of price decline in the  Crypto market and this is mostly caused by newbies who have no idea how the market trends works so in that case when they notice a sudden change in price, with the fear of loosing out from their investment, they are quick to press the sell botton when this happens, it gives room for more holders and also for people to bag more at that instance.

It will help those that have long wanted to join the Bitcoin ecosystem quite encouraged to purchase Bitcoin
It is known as well that when the market is down that is the suitable and most preferably the best time to purchase more of the bitcoin. This moment gives many holders the opportunity to bag more bitcoin to their already existing holding and also those onboarded will have the opportunity to also purchase in fractions as they can and hold as their plans are.  At this point, it will be a kind of the lesser the price the higher the volume and the demand for it would increase thereby attracting more holders and increasing the purchasing power.

It will help capable hodlers  reduce Bitcoin spending to in turn help increase demand and value

When the price is actually down, real holders would be encouraged to hold more of bitcoin so they could have more profits rather than being quick to sell off. When there are no much sells as a result of holding, the price picks up causing more demand for bitcoin.


Title: Re: Benefits of Bitcoins recent price drop
Post by: dansus021 on April 24, 2023, 10:57:19 AM
The True benefit is when the bitcoin price drop you can buy more you can accumulate more.  ;D

and another benefit is training your patience or your emotion. If you hodler or trader you can still made a profit even tho the price is drop or at the bear market like this. and of course the benefit that your mention before is also included



Title: Re: Benefits of Bitcoins recent price drop
Post by: Palider on April 24, 2023, 11:13:10 AM
The benefits of Bitcoin price drops are:
  • Bitcoin could be consider on sale since the price is low.
  • The weak hands are shaking and jumping out.
  • Only the true believer would stay and take opportunity of it.
  • It is time to buy more or accumulate more
These are the benefits that I see when Bitcoin price drops.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Hyphen(-) on April 24, 2023, 11:26:48 AM
Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better
Sure, some pretenders buy Bitcoin and then sell it for a small profit, which is not the right thing to do as a good investor who trusts the Bitcoin process; this has given people who have been waiting for an opportunity to invest in Bitcoin at this reasonable price the opportunity to buy and hold their Bitcoin for future use.


Quote
It will help capable hodlers  reduce Bitcoin spending to in turn help increase demand and value
The patient Bitcoin holders will also have the opportunity to add more Bitcoin to their portfolio, and they will be more confident in limiting their Bitcoin spending because they trust the process and hope for a bright Bitcoin future.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Bitcoin_people on April 24, 2023, 11:42:16 AM
If we want to make profit in investment then we must buy and hold more when the market is in bear market. Then the market will grow once, then sell it and then you can get profit by investing. But there are some new investors who invest without analyzing the market and later face losses and collapse. I think investing should not be impulsive at least but investing wisely will not face loss in future. We always want the value of bitcoin to increase constantly but the bitcoin market is stable and always on the upswing. Therefore, to be profitable in investment, first of all, you have to observe and practice the market well, then you have to invest in the bear market.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Othellobit on April 24, 2023, 11:47:30 AM
With the current price, some people will still not invest in Bitcoin Many will still be expecting a fall in the price till it starts rising. It is not new, the benefit n the Bitcoin drop is that Bitcoin transactions will be even, and there is going to be an increase in Bitcoin ownership cuz even those who bought it at a high price will have to buy more instead of selling. It is also a great blessing for a newbie who hasn't invested in Bitcoin before.


Title: Re: Benefits of Bitcoins recent price drop
Post by: CryptSafe on April 24, 2023, 12:44:23 PM
The True benefit is when the bitcoin price drop you can buy more you can accumulate more.  ;D

and another benefit is training your patience or your emotion. If you hodler or trader you can still made a profit even tho the price is drop or at the bear market like this. and of course the benefit that your mention before is also included

You are absolutely right mate. You see market down us actually the right time to bah more for those who have eyes on bitcoin to purchase more. When the market is down, some holders who bought high would be in a panic to sell their bitcoin so as not to make loss and this are mostly done by new bies who have no idea how the system works and they buy with the mindset of holding for a short time to making profit and when such scenario occurs they become distabilised and quickly sell without having the thought of holding for a long time.

Lastly as you have stated, this scenario of  bear market   shows how patient some investors and holders could be. When the market is down, it is expected that as an investor holding for a long time, you should be able to hold your bitcoin without allowing the market conditions to force you in doing otherwise.


Title: Re: Benefits of Bitcoins recent price drop
Post by: danadc on April 24, 2023, 01:52:28 PM
It is not necessary to look for the benefits of when a bitcoin price falls, it is there in everyone's face, manifesting itself, it is "buy" if from 30 thousand dollars it went to 27 thousand dollars what it tells us is "buy" it is simple, no Nothing more is needed, not much analysis, and if the price continues to drop, what should be done is to continue buying, logic indicates it, because at some point in the history that we are living, bitcoin will have a great ATH and if not, it will take advantage of it. With these opportunities, when will it be used when the minimum is 100,000 dollars? and say that bitcoin is a bubble like they always do..


Title: Re: Benefits of Bitcoins recent price drop
Post by: Yatsan on April 24, 2023, 03:29:42 PM
Would basically open opportunity to investors who missed the recent uptrend. But things won't be as easy as it would sound. No one knows when will the market price again increase or even reach new ATH. Therefore, there would be no assurance of until when will an investor need to hold in order to generate peofit from investing in this industry. The correction which took place recently has no certainty of how low could the price be; based on the chart, the market price continued to increase since last january wherein the price was still $15k. In comparison to its present market value, the price could be lower than its current. Would be in favor of those who earned already to again, invest, but would be a bad thing to those who entered halfway of the uptrend because they's be forced to sell and again enter.


Title: Re: Benefits of Bitcoins recent price drop
Post by: mvdheuvel1983 on April 24, 2023, 03:56:56 PM
Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better

It will help those that have long wanted to join the Bitcoin ecosystem quite encouraged to purchase Bitcoin
I disagree with this statement. It is my believe that anyone who really wants to invest in bitcoin would irrespective of the rise or drop in price. They would have done their homework and learned that Dollar-Cost-Averaging (http://eatradingacademy.com/bitcoin-dollar-cost-averaging/) strategy
helps them to buy bitcoin consistently at a specific time whether the price is high or. That is to say, the price wouldn't be their concern. Additionally, investing in bitcoin has nothing to do with the price rather with the individual.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Obari on April 24, 2023, 04:33:39 PM
Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better

It will help those that have long wanted to join the Bitcoin ecosystem quite encouraged to purchase Bitcoin

It will help capable hodlers  reduce Bitcoin spending to in turn help increase demand and value


Your reasons are inturn so funny to me especially talking about helping people who have long waited to join the Bitcoin ecosystem and I have to disagree with you because we are trying to recover from the bear market that already lasted for almost a year if not more than a year and you think similar people who couldn't grab the opportunity when the market was fully seated at $17k bear market will miraculously just dive into the market now, hell no this is human dealing with crypto and human must always doubt and there are certainly people who truly want to be part of this Bitcoin journey but unfortunately I don't think they will simply because they are scared of losing any money along the line and it's fine because not everyone must have a better life through Bitcoin or cryptocurrency at large.

The major benefit of the recent drop in price is that it only help those who wanted to buy but the have the money as at then to buy now that's if they now have the money to.


Title: Re: Benefits of Bitcoins recent price drop
Post by: The Cryptovator on April 24, 2023, 05:34:42 PM
There are several benefits to a price drop for those who have yet to invest or are waiting to accumulate. A drop in price often indicates an upcoming surge, and experienced traders can take advantage of the volatility. Sometimes, a bear trap occurs when panic sellers exit the Bitcoin market. Personally, if I believe it's the right time to buy, I try to accumulate during major drops.


Title: Re: Benefits of Bitcoins recent price drop
Post by: QueenVera on April 24, 2023, 06:04:39 PM
Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understand Bitcoin better.

The drops in prices gives investors like myself windows to buy more Bitcoin at a very cheap price. Price drops are opportunity to buy more Bitcoin and not a window to sell but people sell when there's a drop in price which is very wrong. Their decision make me questions them why they didn't sell when the price was higher but they always think they price will go higher that's why.
People are always greedy when the price is increasing and become fearful when the price is dropping. They refuse to sell when the price is high but when the price then drop, they panic and begin selling, usually those who are guilty of this are newbies or beginners that have no experience of the market or those who aren't using spare money to buy Bitcoin.
When the money invested isn't your spare, you wouldn't be at peace with the market. We shouldn't invest money that are borrowed or meant to be used for other important things in buying Bitcoin or we'll regret.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Baoo on April 24, 2023, 06:53:13 PM
In my opinion, the current correction in market is certainly appropriate to invest in Bitcoin and I doubt if it is going to last long, that means it is perilous to wait for a lower price than the recent one. In addition to that, the benefits and drawbacks always existed in every development in market. Simply, buy when the market at red sell at green ( if needed ) and it would be better if you save an acceptable amount of stable coin for better opportunities ( upcoming drops ), indeed the current correction is temporary but what if the opposite happens?  And Bitcoin will keep decreasing dramatically. In conclusion, when a sudden event occurs, analyse the market and expect all possibilities, that would help you in taking decisions.


Title: Re: Benefits of Bitcoins recent price drop
Post by: ajiz138 on April 24, 2023, 06:55:15 PM
The True benefit is when the bitcoin price drop you can buy more you can accumulate more.  ;D
Accumulating the DCA way, accumulating the lump sum way if you dare all at once, but it's the best way to make the most of it during a downturn.

and another benefit is training your patience or your emotion. If you hodler or trader you can still made a profit even tho the price is drop or at the bear market like this. and of course the benefit that your mention before is also included
Practicing patience, discipline, emotion, not panicking must exist within us so that we are not affected by any FUD which makes us weak, I know this journey is quite long but time will pass quickly and we will soon reach the halving accompanied by ATH ( this is a 4 year cycle) while the price is still dropping, make good use of it whatever way we have to take it if you believe in bitcoin.


Title: Re: Benefits of Bitcoins recent price drop
Post by: dunfida on April 24, 2023, 09:35:19 PM
The benefits of Bitcoin price drops are:
  • Bitcoin could be consider on sale since the price is low.
  • The weak hands are shaking and jumping out.
  • Only the true believer would stay and take opportunity of it.
  • It is time to buy more or accumulate more
These are the benefits that I see when Bitcoin price drops.

Benefit would only be justifiable if you are the ones who would really be making out such purchase or accumulate or DCA on the time that the price do make out some correction.
We know that commonly that on the time where the market does have this kind of condition then people do even sell out more or simply panic selling because they cant really just
able to bare up that condition and this is where people do differs specially into these conditions or scenarios.

If you do look on the brighter side of things then having these drops are actually that the moment which we could be able to accumulate much cheaper coins.
Basing up into those points above are indeed price and true and people should really be seeing these things to avoid themselves on selling out cheap or in loss.
This had been always the case which it is something that needs to be avoided.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Bazzu on April 25, 2023, 12:27:03 AM
yes, I agree with the topic you made that it is true that the decline in bitcoin has a positive impact on those who understand and experience bitcoin, because usually people who don't understand bitcoin will actually be afraid to buy when the price of btc drops, and indeed with the circumstances bitcoin now which is down and can also be called a correction,
is a good opportunity and don't waste it because when the price of btc drops, it's the right time to buy btc and accumulate as much btc.

I think this is a very good topic friend...


Title: Re: Benefits of Bitcoins recent price drop
Post by: GreatArkansas on April 25, 2023, 01:16:53 AM
With the current price, some people will still not invest in Bitcoin Many will still be expecting a fall in the price till it starts rising.
(....)
This is a common problem with us, it's on our emotions and I believe most people can relate when times that price is dropping, we are afraid to buy because we are thinking it may still go down. Same also when pumping, we are thinking it will always go up and we really feel happy about it without thinking other circumstances.


Title: Re: Benefits of Bitcoins recent price drop
Post by: wxa7115 on April 25, 2023, 02:12:22 AM
Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better

It will help those that have long wanted to join the Bitcoin ecosystem quite encouraged to purchase Bitcoin
I disagree with this statement. It is my believe that anyone who really wants to invest in bitcoin would irrespective of the rise or drop in price. They would have done their homework and learned that Dollar-Cost-Averaging (http://eatradingacademy.com/bitcoin-dollar-cost-averaging/) strategy
helps them to buy bitcoin consistently at a specific time whether the price is high or. That is to say, the price wouldn't be their concern. Additionally, investing in bitcoin has nothing to do with the price rather with the individual.
Such a strategy is without a doubt implemented by the long term holders we have on this market, which constitute an important share of the market participants.

However there are many newbie investors which panic at the first sign the price is going down, something that we are witnessing right now on the forum, and taking into account that social media is prone to all kind of clickbait and exaggerated news then it would not surprise me if this was even more common there than on the forum.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Gladitorcomeback on April 25, 2023, 04:08:32 AM
Whenever btc drops we have seen a good comebacks of btc stronger than previous one. in 14 year of Btc history we have seen drop of Btc many times and after every drops we seen ATH which show that Btc drop or correction is most important for btc to rise strongly.

Whenever Big whales and institutes want to buy btc in large amount they first drop btc which creates fear in market. As a result week hand start selling btc which further drop price of btc. When whale find that all weeks hand now leaves the market and Price now become stable they start buying for long term and now Btc price lower point will be high with great buying volume which increase the chances of ATH.


Title: Re: Benefits of Bitcoins recent price drop
Post by: fuguebtc on April 25, 2023, 04:58:14 AM
Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better

It will help those that have long wanted to join the Bitcoin ecosystem quite encouraged to purchase Bitcoin
I disagree with this statement. It is my believe that anyone who really wants to invest in bitcoin would irrespective of the rise or drop in price. They would have done their homework and learned that Dollar-Cost-Averaging (http://eatradingacademy.com/bitcoin-dollar-cost-averaging/) strategy
helps them to buy bitcoin consistently at a specific time whether the price is high or. That is to say, the price wouldn't be their concern. Additionally, investing in bitcoin has nothing to do with the price rather with the individual.

Do you mean you invest in bitcoin but don't care about bitcoin price? I do not think so, once invested, whether short-term or long-term, the price is still the most important thing. No one wants to buy high price because it doesn't bring good profit for us. I partially agree with OP, discounting is good, and it helps strengthen the market, removing weak hands from the market. But given what's going on, I think bitcoin only corrected slightly, not plummet to cause panic in the market.


Title: Re: Benefits of Bitcoins recent price drop
Post by: btc_love on April 25, 2023, 05:22:15 AM
I'm not sure I buy the idea that the drop in price is some kind of grand plan to weed out impatient holders and make the Bitcoin ecosystem stronger. Seems like a bit of a convenient explanation after the fact.


Title: Re: Benefits of Bitcoins recent price drop
Post by: landheer on April 25, 2023, 07:25:55 AM
from the price of more than $ 30k btc the price has slowly fallen down and it's strange that many are joining in selling btc even though they are losing, and now the price of btc is in the range of $ 27k and in my opinion with this decline there will definitely be many who will take advantage of the situation including many who buy btc with dca system.
so it's true that the reduction in the price of btc has provided many benefits for those who can take advantage of it.

hopefully btc price will fly higher.


Title: Re: Benefits of Bitcoins recent price drop
Post by: ektotanes on April 25, 2023, 07:30:55 AM
The price drop is a huge opportunity for new people to enter Bitcoin. It is as well a good opportunity to accumulate more coins for hodlers.
In fact, does this have a downside?


Title: Re: Benefits of Bitcoins recent price drop
Post by: Twentyonepaylots on April 25, 2023, 08:31:42 AM
Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better

It will help those that have long wanted to join the Bitcoin ecosystem quite encouraged to purchase Bitcoin
I disagree with this statement. It is my believe that anyone who really wants to invest in bitcoin would irrespective of the rise or drop in price. They would have done their homework and learned that Dollar-Cost-Averaging (http://eatradingacademy.com/bitcoin-dollar-cost-averaging/) strategy
helps them to buy bitcoin consistently at a specific time whether the price is high or. That is to say, the price wouldn't be their concern. Additionally, investing in bitcoin has nothing to do with the price rather with the individual.

Do you mean you invest in bitcoin but don't care about bitcoin price? I do not think so, once invested, whether short-term or long-term, the price is still the most important thing. No one wants to buy high price because it doesn't bring good profit for us. I partially agree with OP, discounting is good, and it helps strengthen the market, removing weak hands from the market. But given what's going on, I think bitcoin only corrected slightly, not plummet to cause panic in the market.

I agree with this, price is still a major factor that is needed to be considered when investing. I think it is also important to have a technical analysis of the price movement so that you can assess when to buy. This proves that the best thing to do is not to just buy on whatever price it currently has, you need to really assess the situation so that you can get a greater amount of profit.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Stella Mese on April 25, 2023, 09:35:56 AM
when the price of btc fell, many were anxious and panicked and in the end, they took part in selling btc even though they made a loss and I personally have experienced and done that, because I still don't know much about the market situation.
but strangely when the btc price goes up, many panic buy because they are afraid of missing this price, this is really funny.

I think in this case it depends on us whether we take wise steps or not.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Nrcewker on April 25, 2023, 09:55:58 AM
This is not exactly a drop according to me, it’s just a slight pull from the market in order to have price correction. Yes as OP have mentioned this have many benefits, and if one is wise enough, then he might have already utilised this and started accumulating as many Bitcoins as he can. Bitcoins are very rare, so whenever there is a price drop, don’t think of anything else and start buying the coin. Bitcoins are bound to rise, as these are limited in numbers and the demand for the coin will increase. Hence treat each phase of Bitcoins positively and take the advantage.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Kaliandra on July 27, 2023, 02:47:50 AM
The price drop is a huge opportunity for new people to enter Bitcoin. It is as well a good opportunity to accumulate more coins for hodlers.
In fact, does this have a downside?

a decrease in the price of btc is common for people who are experienced because a decrease in btc provides a good opportunity for those who are interested in buying btc, but there is also a downside to a decrease in the price of btc, namely for people who do not have experience and knowledge it will make them panic and sell it even though they are at a loss. but in this case surely everyone's view will be different.


Title: Re: Benefits of Bitcoins recent price drop
Post by: lepbagong on August 01, 2023, 09:10:04 AM
falling prices and rising prices will always occur and I can agree with you [OP], that indeed a decline will provide reinforcement for bitcoin to be able to move immediately when the time comes to increase.
but I really doubt and don't believe in that, that with a decrease in price, many will sell it, on the contrary, more and more will buy to add to the investment that has been made.

it could be as you think if the seller is someone who doesn't understand and there is a fear of receiving even bigger losses because the price purchased is higher than the latest price, causing panic which is actually detrimental.

I really believe that those who sell not big and bigger are still holding it even those who want to buy.


Title: Re: Benefits of Bitcoins recent price drop
Post by: BVeyron on September 16, 2023, 10:09:16 PM
Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better

It will help those that have long wanted to join the Bitcoin ecosystem quite encouraged to purchase Bitcoin

It will help capable hodlers  reduce Bitcoin spending to in turn help increase demand and value


I think that the price of BTC is less important than adoption level, since most people don't buy BTC due to lack of possibilities to use them instead of fiat money. Nearly none of business initiatives accept BTC directly, so, in general, its price simiply doesn't bother those people, who are unfamiliar with BTC, regardless if it rises or falls. As for hodlers... I think that there is still a chance to get a good profit after some time, btc is a good asset, if the investment strategy is long-term hodling...


Title: Re: Benefits of Bitcoins recent price drop
Post by: AmoreJaz on September 16, 2023, 10:43:23 PM
when the price of btc fell, many were anxious and panicked and in the end, they took part in selling btc even though they made a loss and I personally have experienced and done that, because I still don't know much about the market situation.
but strangely when the btc price goes up, many panic buy because they are afraid of missing this price, this is really funny.

I think in this case it depends on us whether we take wise steps or not.

well, that's the cycle here in this market. so if you truly believe that btc will have a good future, one should slowly accumulate his satoshis every time the opportunity presents itself.
so this decision varies from one person to another. as they have their own financial capabilities as well as beliefs on this market. but one should not feel being forced to invest and buy coins. it should always be their prerogative to buy one.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Salahmu on September 16, 2023, 11:15:04 PM
Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better
Every drop on Bitcoin price always present an opportunity for people to accumulate and in times of the impatient holders it all depends on there perspective and target who prefers buying low and selling immediately as the price comes up, those people have a fear of uncertainty they listing to critics from people about Bitcoin which is caused by lack of knowledge about Bitcoin potential, but for those that sees Bitcoin on how well it will become in the future will utilize the opportunity to accumulating from the price drop.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Marvell1 on September 17, 2023, 04:34:11 AM
Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better

It will help those that have long wanted to join the Bitcoin ecosystem quite encouraged to purchase Bitcoin

It will help capable hodlers  reduce Bitcoin spending to in turn help increase demand and value


I think that the price of BTC is less important than adoption level, since most people don't buy BTC due to lack of possibilities to use them instead of fiat money. Nearly none of business initiatives accept BTC directly, so, in general, its price simiply doesn't bother those people, who are unfamiliar with BTC, regardless if it rises or falls. As for hodlers... I think that there is still a chance to get a good profit after some time, btc is a good asset, if the investment strategy is long-term hodling...

It's hard to say whether bitcoin price is more important or adoption is more important, but one thing is that they are closely related. If adoption is not increasing and demand is not higher than supply, how can we stimulate prices to increase? So I think these two things will go parallel to each other, they cannot go in opposite directions. As for bitcoin being used to replace fiat, I don't think that will happen even if adoption becomes more widespread. Do you think the government will agree to let that happen?


Title: Re: Benefits of Bitcoins recent price drop
Post by: bangjoe on September 17, 2023, 06:16:36 AM
Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better

It will help those that have long wanted to join the Bitcoin ecosystem quite encouraged to purchase Bitcoin

It will help capable hodlers  reduce Bitcoin spending to in turn help increase demand and value


I think that the price of BTC is less important than adoption level, since most people don't buy BTC due to lack of possibilities to use them instead of fiat money. Nearly none of business initiatives accept BTC directly, so, in general, its price simiply doesn't bother those people, who are unfamiliar with BTC, regardless if it rises or falls. As for hodlers... I think that there is still a chance to get a good profit after some time, btc is a good asset, if the investment strategy is long-term hodling...

It's hard to say whether bitcoin price is more important or adoption is more important, but one thing is that they are closely related. If adoption is not increasing and demand is not higher than supply, how can we stimulate prices to increase? So I think these two things will go parallel to each other, they cannot go in opposite directions. As for bitcoin being used to replace fiat, I don't think that will happen even if adoption becomes more widespread. Do you think the government will agree to let that happen?

I am a little ambiguous but hopefully I am right, it means that it might adopt Bitcon for a currency in business, we don't see that, some time ago Tesla had tried it and yes it was only briefly, we must understand the direction in this matter because of adoption = request, Either using Bitcoin to be an alternative investment or currency is an adoption, and when adoption increases on the market map of the market push that makes Bitcoin rise.

Maybe we can see El Salvador, Nayib Bikele regulates Bitcoin payments, I think now it is still in the learning stage for other countries because the financial system is very vulnerable, so it takes time to implement it.

The benefits of decline are very important for an investor, both old or new investors, a decrease in key where we can take advantage, as we know that Bitcoin always returns to the top price.


Title: Re: Benefits of Bitcoins recent price drop
Post by: KiaKia on September 17, 2023, 06:51:47 AM
Right now many Bitcoin holders are giving up because the price isn't moving, we keep losing investors because we are in a bear market, but the little investors who held and keep buying in these lows are going to be the true champions in the next bull market, it's funny how people only want to be present when things are looking good, it shows that many people can't be trusted, only few will always stay when things get worse.

Do not be fooled, you must keep buying Bitcoin and hold very strong, when the market starts showing bullish signs, those who quit because the value isn't good enough will come back into the market, they will buy at a higher price, it's been going on like this since the beginning.

A bear market is where the real OGs are made, every dips in this period is an opportunity for those who knows what a real opportunity looks like.


Title: Re: Benefits of Bitcoins recent price drop
Post by: WatChe on September 17, 2023, 06:59:22 AM
I think that the price of BTC is less important than adoption level, since most people don't buy BTC due to lack of possibilities to use them instead of fiat money. Nearly none of business initiatives accept BTC directly, so, in general, its price simiply doesn't bother those people, who are unfamiliar with BTC, regardless if it rises or falls. As for hodlers... I think that there is still a chance to get a good profit after some time, btc is a good asset, if the investment strategy is long-term hodling...

Despite such low adoption level Bitcoin has made it to 67k$ and now trading at 26k$. We need to understand that every new technology is rarely welcomed in the start. A decade back Bitcoin started its journey from 0$ and nobody predicted that it will go to 67k$ in next ten years. No doubt the adoption level is low today but we cant say that same will be adoption level of Bitcoin in next five or ten years. The biggest greed in accumulating Bitcoin right now is the halving coming up next year that will suppose to take Bitcoin price to new heights (DYOR).


Title: Re: Benefits of Bitcoins recent price drop
Post by: virasog on September 17, 2023, 07:38:16 AM
I think that the price of BTC is less important than adoption level, since most people don't buy BTC due to lack of possibilities to use them instead of fiat money. Nearly none of business initiatives accept BTC directly, so, in general, its price simiply doesn't bother those people, who are unfamiliar with BTC, regardless if it rises or falls. As for hodlers... I think that there is still a chance to get a good profit after some time, btc is a good asset, if the investment strategy is long-term hodling...

Despite such low adoption level Bitcoin has made it to 67k$ and now trading at 26k$. We need to understand that every new technology is rarely welcomed in the start. A decade back Bitcoin started its journey from 0$ and nobody predicted that it will go to 67k$ in next ten years. No doubt the adoption level is low today but we cant say that same will be adoption level of Bitcoin in next five or ten years. The biggest greed in accumulating Bitcoin right now is the halving coming up next year that will suppose to take Bitcoin price to new heights (DYOR).

The recent low bitcoin prices give an opportunity for the holders and believers of bitcoin to accumulate more bitcoins. Also, this gives another chance to those who wanted to have Bitcoin in their portfolio but waited for a low price to buy. Now is their time to buy and accumulate as we know that bitcoin will reach its All time high again near or after the halving.

Only the people who are in long positions or who do not know the future of bitcoins will panic at the bitcoin price drop. They get influenced by social media where they will find all the bad news along with the price drop making the investors' confidence shake and many weak hands just sell out their bitcoins.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Asuspawer09 on September 17, 2023, 08:01:10 AM
Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better

It will help those that have long wanted to join the Bitcoin ecosystem quite encouraged to purchase Bitcoin

It will help capable hodlers  reduce Bitcoin spending to in turn help increase demand and value


For sure it is not obviously a negative thing when the market price of Bitcoin drops a huge percentage since it is also a big opportunity for other investors and traders to buy Bitcoin at a good discount, It was sure not a good thing for someone who buys bitcoin before the drop because they already lose money when the price drop already but still you're not really going to lose money unless you're going to sell already at that time when the price drop.

Personally, I would prefer the market price to drop more since I am going for long-term investment I dont really have intentions to sell my investment at this time so for sure, so if the price sustain at this market point I could easily buy and accumulate more Bitcoin since I'm buying Bitcoin at a discount I could accumulate more in the Bullrun it is going to be a huge profit for sure. I mean the market is just a cycle so there are always going to be drops like this even at the top.


Title: Re: Benefits of Bitcoins recent price drop
Post by: kingvirtus09 on September 17, 2023, 09:03:48 AM
With the current price, some people will still not invest in Bitcoin Many will still be expecting a fall in the price till it starts rising.
(....)
This is a common problem with us, it's on our emotions and I believe most people can relate when times that price is dropping, we are afraid to buy because we are thinking it may still go down. Same also when pumping, we are thinking it will always go up and we really feel happy about it without thinking other circumstances.


There are many who think that Bitcoin will go down in the market, and there are also many who think that Bitcoin will go up in the market. That if we look at it until now, it is still very difficult to determine whether it will really fall or rise? With the volatility of Bitcoin, there is a chance that the movement is slow, and there is also a chance that its movement is very wild in the market.

In these instances of the situation, this is where the advantage comes in: you have an understanding of reading a graph or chart on a trading view platform, so you know if this is the right positioning to buy or sell Bitcoin or crypto.

It's not good that we just base it on guesses because we don't have the knowledge to read the crypto trading situation. This style of trading is not correct or invalid, in my own opinion.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Inwestour on September 17, 2023, 09:17:23 AM
The recent low bitcoin prices give an opportunity for the holders and believers of bitcoin to accumulate more bitcoins. Also, this gives another chance to those who wanted to have Bitcoin in their portfolio but waited for a low price to buy. Now is their time to buy and accumulate as we know that bitcoin will reach its All time high again near or after the halving.

Only the people who are in long positions or who do not know the future of bitcoins will panic at the bitcoin price drop. They get influenced by social media where they will find all the bad news along with the price drop making the investors' confidence shake and many weak hands just sell out their bitcoins.
Such a long winter on the crypto market will contribute to the fact that more and more people will be doubt by Bitcoin, but those who firmly believe in this coin will of course continue to accumulate it and if the price continues to fall, this will be another good opportunity to accumulate as much Bitcoin as possible.

I’m even thinking about the need to make some kind of reserve of funds specifically in case something like this happens, as happened at the time of the Covid dump, it could happen, some short-term, significant drop that would be a very good opportunity to buy. But this may not happen, so now it’s worth sticking to the plan and buying Bitcoin.


Title: Re: Benefits of Bitcoins recent price drop
Post by: irhact on September 17, 2023, 09:40:04 AM
Every drop on Bitcoin price always present an opportunity for people to accumulate and in times of the impatient holders it all depends on there perspective and target who prefers buying low and selling immediately as the price comes up, those people have a fear of uncertainty they listing to critics from people about Bitcoin which is caused by lack of knowledge about Bitcoin potential, but for those that sees Bitcoin on how well it will become in the future will utilize the opportunity to accumulating from the price drop.

Every Bitcoin dip present us with an opportunity to accumulate because we know in the future the price of Bitcoin will increase and give us profits. We shouldn't be scared of the market when it dips but be happy because now we can buy Bitcoin with a discount. The only benefits of a dip in Bitcoin price is the benefits the dip gives in reducing the price of Bitcoin so we can use same amount of money and buy more amount of Bitcoin to continue holding in our private wallets.

Only the impatient individual that are looking for quick profits will ba scared when the market dips and they'll sell their Bitcoin because they don't want to lose money but the set of individuals that have patience are those that'll benefit when the market rise back up in profits.


Title: Re: Benefits of Bitcoins recent price drop
Post by: gabbie2010 on September 17, 2023, 09:46:14 AM
Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better

It will help those that have long wanted to join the Bitcoin ecosystem quite encouraged to purchase Bitcoin

It will help capable hodlers  reduce Bitcoin spending to in turn help increase demand and value

Truly some Bitcoin hodlers particularly newbies will definitely dump their coin as a result of panicking it is a very common scenario, however a larger owners or hodlers never bothered with any price drop because it's obvious the price would definitely rally back to turn bullish because price history repeat itself, while some hodlers also sold part or all the coins at the peak price to earn some profits as well as waited for a price drop to buy just like the present price drop and start accumulating again thus this process is being continuously repeated by the  process of buying low and selling high though this requires some little knowledge of how to and when to buy low and when to sell high.


Title: Re: Benefits of Bitcoins recent price drop
Post by: posi on September 17, 2023, 12:49:20 PM
Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better

It will help those that have long wanted to join the Bitcoin ecosystem quite encouraged to purchase Bitcoin

It will help capable hodlers  reduce Bitcoin spending to in turn help increase demand and value

Truly some Bitcoin hodlers particularly newbies will definitely dump their coin as a result of panicking it is a very common scenario, however a larger owners or hodlers never bothered with any price drop because it's obvious the price would definitely rally back to turn bullish because price history repeat itself, while some hodlers also sold part or all the coins at the peak price to earn some profits as well as waited for a price drop to buy just like the present price drop and start accumulating again thus this process is being continuously repeated by the  process of buying low and selling high though this requires some little knowledge of how to and when to buy low and when to sell high.

I wonder why people always blame newbies every time bitcoin price drops? Not all newbies are stupid and sell their bitcoins in a hurry or they all enter the market blindly like we think.

Don't forget that in the market, in addition to long-term investors like us, there are also day traders and futures traders. So it is completely understandable that bitcoin is liquidated and sold at low prices, we should stop blaming newbies. Not to mention, there weren't even any new people selling their bitcoins, the price drop was just a manipulation to liquidate the short order.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Wapfika on September 17, 2023, 12:56:13 PM

I wonder why people always blame newbies every time bitcoin price drops? Not all newbies are stupid and sell their bitcoins in a hurry or they all enter the market blindly like we think.

Because newbie often panic sell that’s why I understand his sentiment about them. Most of the Newbie(not all) usually panic sell whenever there’s price movement downward since they always check the price. Only few pro old time trader do it and most of them doesn’t know the basic trading strategy.

Don't forget that in the market, in addition to long-term investors like us, there are also day traders and futures traders. So it is completely understandable that bitcoin is liquidated and sold at low prices, we should stop blaming newbies. Not to mention, there weren't even any new people selling their bitcoins, the price drop was just a manipulation to liquidate the short order.

Day traders and futures traders is not the culprit for this huge movement since they trading based on the daily price range or else they are not day traders if they dump out of the range. In able for the price to go lower than the average low price needs a huge sell pressure coming from different people that doesn’t care about the price and just want to exit.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Gladitorcomeback on September 17, 2023, 01:22:25 PM

I wonder why people always blame newbies every time bitcoin price drops? Not all newbies are stupid and sell their bitcoins in a hurry or they all enter the market blindly like we think.

Because newbie often panic sell that’s why I understand his sentiment about them. Most of the Newbie(not all) usually panic sell whenever there’s price movement downward since they always check the price. Only few pro old time trader do it and most of them doesn’t know the basic trading strategy.

Newbie are not the responsible for btc drops. Thier investment are not more than 1% could not bring any big movement in the market. The real responsible for this are big whales and exchanges. The real goal behind this drop is to liquidate big investors and you will see that drop of 10% of btc exchanges liquidate many million $. First they buy the news and then when people open position the whales play game and market reacts in opposite direction.

This is true that newbie often sell in panics but blaming them for price drop is totally wrong. Newbie selling impact on market is same as taking out a glass of water from the sea.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Blitzboy on September 17, 2023, 02:09:09 PM
Every drop on Bitcoin price always present an opportunity for people to accumulate and in times of the impatient holders it all depends on there perspective and target who prefers buying low and selling immediately as the price comes up, those people have a fear of uncertainty they listing to critics from people about Bitcoin which is caused by lack of knowledge about Bitcoin potential, but for those that sees Bitcoin on how well it will become in the future will utilize the opportunity to accumulating from the price drop.

Every Bitcoin dip present us with an opportunity to accumulate because we know in the future the price of Bitcoin will increase and give us profits. We shouldn't be scared of the market when it dips but be happy because now we can buy Bitcoin with a discount. The only benefits of a dip in Bitcoin price is the benefits the dip gives in reducing the price of Bitcoin so we can use same amount of money and buy more amount of Bitcoin to continue holding in our private wallets.

Only the impatient individual that are looking for quick profits will ba scared when the market dips and they'll sell their Bitcoin because they don't want to lose money but the set of individuals that have patience are those that'll benefit when the market rise back up in profits.
Dips, downturns, downturns - whatever you choose to call them, they're like surprise sales in the market. When everyone else is yelling, "The sky is falling!" smart people like you are probably digging through their wallets and counting their cash, ready to grab a deal. You see, a dip isnt just a blip; its a chance.

This whole perspective is called "contrarian investing." Its not enough to just buy when everyone else is selling; you also need to know what you're getting is worth. I agree with everything you said about waiting. Its kind of like a secret superpower in the world of investing. Because those with a lot of sunshine (or Bitcoin in this case) will be the ones soaking in its glory when the storm is over and the sun comes back out. Let the impatient souls rush; slow and steady might just win this race.


Title: Re: Benefits of Bitcoins recent price drop
Post by: traderethereum on September 17, 2023, 02:12:14 PM
A decline in the price of bitcoin will give novice or old investors the opportunity to make their first investment or buy bitcoin back at a low price.
This has helped many people, most of them are beginner investors who want to invest in bitcoin.
However, many people panic because the price of bitcoin has decreased without them being able to predict.
And it should be that when the price of bitcoin starts to decline, people should prepare their money to buy at the purchase price they want and start investing it gradually.
And if the price of bitcoin declines to $25k or lower again, it would be a good time to accumulate more bitcoin because it is a discount for those who want to buy bitcoin at low prices.


Title: Re: Benefits of Bitcoins recent price drop
Post by: dzungmobile on September 17, 2023, 02:14:54 PM
This whole perspective is called "contrarian investing." Its not enough to just buy when everyone else is selling; you also need to know what you're getting is worth. I agree with everything you said about waiting. Its kind of like a secret superpower in the world of investing. Because those with a lot of sunshine (or Bitcoin in this case) will be the ones soaking in its glory when the storm is over and the sun comes back out. Let the impatient souls rush; slow and steady might just win this race.
The market is between selling and buying which are done by sellers and buyers. If you are a seller, there is another buyer who complete the deal with you on cryptocurrency market or through peer to peer trading platforms.

If you use DCA and have good investment capital as well as income with part of it for DCA regularly, you will not have to care too much about what dips are best to buy. Dips are great opportunities with discount prices so buying dips is great than normal buying.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Wakate on September 17, 2023, 02:23:41 PM
This whole perspective is called "contrarian investing." Its not enough to just buy when everyone else is selling; you also need to know what you're getting is worth. I agree with everything you said about waiting. Its kind of like a secret superpower in the world of investing. Because those with a lot of sunshine (or Bitcoin in this case) will be the ones soaking in its glory when the storm is over and the sun comes back out. Let the impatient souls rush; slow and steady might just win this race.
The market is between selling and buying which are done by sellers and buyers. If you are a seller, there is another buyer who complete the deal with you on cryptocurrency market or through peer to peer trading platforms.

If you use DCA and have good investment capital as well as income with part of it for DCA regularly, you will not have to care too much about what dips are best to buy. Dips are great opportunities with discount prices so buying dips is great than normal buying.
Anytime the market falls, I do see it as an opportunity for everyone of us that are investors to key in and buy Bitcoin since we don't know what we will happen next to the market. The market may fall further or go bullish not knowing when the bull market will commence. We surely know that the bull market will be available to us very soon that is why we need to key into the market and hold as much cryptocurrency we can so that we can make profits too when others will be counting there profits so far they have made in the market.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Ale88 on September 17, 2023, 04:25:40 PM
Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better

It will help those that have long wanted to join the Bitcoin ecosystem quite encouraged to purchase Bitcoin

It will help capable hodlers  reduce Bitcoin spending to in turn help increase demand and value
Price drops are great for two main reasons:
- We get rid of all the useless people who bought bitcoin just to make some quick bucks, those people are going to sell while losing money because usually they think the price will never recover, that's why they don't understand what bitcoin is;
- It's a great opportunity to buy more, for me any price below $30k is a great buying opportunity.


Title: Re: Benefits of Bitcoins recent price drop
Post by: icalical on September 17, 2023, 09:24:46 PM
Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better

It will help those that have long wanted to join the Bitcoin ecosystem quite encouraged to purchase Bitcoin

It will help capable hodlers  reduce Bitcoin spending to in turn help increase demand and value


Yes, that's what happened most of the time, people who are selling Bitcoin at the time of Bearish market mostly are people who just know about Bitcoin and try their luck on it. When they see it doesn't work they will just sell it. But for me, I don't see it as a good thing too tho, it's still a lost, attracting more people tho Bitcoin is always a good thing, and I don't think it's wrong that people initial motivation to buy bitcoin is for a profitable investment.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Yamifoud on September 17, 2023, 09:57:16 PM
Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better

It will help those that have long wanted to join the Bitcoin ecosystem quite encouraged to purchase Bitcoin

It will help capable hodlers  reduce Bitcoin spending to in turn help increase demand and value


Yes, that's what happened most of the time, people who are selling Bitcoin at the time of Bearish market mostly are people who just know about Bitcoin and try their luck on it. When they see it doesn't work they will just sell it. But for me, I don't see it as a good thing too tho, it's still a lost, attracting more people tho Bitcoin is always a good thing, and I don't think it's wrong that people initial motivation to buy bitcoin is for a profitable investment.
We could think that not all can take risks, yes, some just invest without knowledge.  
Well, I can't blame them either because of their market understanding. We can say that newbies sell often when the market price drops but on the other side, this will give old investors the chance to accumulate more and take advantage of the situation. We can say that only those people who fully understand the nature of the market will be able to hold and remain calm but for those doubtful people, panic and negativity easily come into their minds.


Title: Re: Benefits of Bitcoins recent price drop
Post by: freedomgo on September 17, 2023, 09:58:37 PM
It’s always known that every time bitcoin price drops, it always opens a new opportunity for new investors to enter the market and buy significant amount of bitcoin while it’s on bargain. Same like when the market turns bearish, it’s always the best time to pursue investing in the market as it creates potential investments and maximize your accumulation on it. So when we see in the market that crypto prices are getting low, it does not mean that we should lost or hope, but it’s a sort of encouragement that we should keep investing on.


Title: Re: Benefits of Bitcoins recent price drop
Post by: _BlackStar on September 17, 2023, 10:26:45 PM
-snip-

The recent low bitcoin prices give an opportunity for the holders and believers of bitcoin to accumulate more bitcoins. Also, this gives another chance to those who wanted to have Bitcoin in their portfolio but waited for a low price to buy. Now is their time to buy and accumulate as we know that bitcoin will reach its All time high again near or after the halving.

Only the people who are in long positions or who do not know the future of bitcoins will panic at the bitcoin price drop. They get influenced by social media where they will find all the bad news along with the price drop making the investors' confidence shake and many weak hands just sell out their bitcoins.
Adherents of long-term investment with the DCA strategy certainly hope to be able to accumulate as much as they can. Current market conditions allow them to do so as often as possible - but of course some adjustments due to inflation need to be considered. I'm not talking about institutions or whales - but this is about investors who only invest from the budget they manage to save at the end of the month.

We are certainly aware that bitcoin price volatility can have two different impacts on investors. Some investors use it to accumulate - while others panic and sell at a loss. Long-term investments by holding bitcoin without caring about volatility are often considered safe because they can minimize losses - but considering accumulation as a long-term plan can also give investors multiple benefits.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Texac on September 17, 2023, 11:35:17 PM
It’s always known that every time bitcoin price drops, it always opens a new opportunity for new investors to enter the market and buy significant amount of bitcoin while it’s on bargain. Same like when the market turns bearish, it’s always the best time to pursue investing in the market as it creates potential investments and maximize your accumulation on it. So when we see in the market that crypto prices are getting low, it does not mean that we should lost or hope, but it’s a sort of encouragement that we should keep investing on.

As an experienced investor, everyone will know that the decrease in bitcoin price is an opportunity, but whether it is an opportunity or not depends on many factors.  I mean the bear market is here to stay and we will never know when it will end.  many people with large amounts of capital are always excited about larger discounts, but for those with small amounts of capital and not enough money to invest, larger discounts are not a good thing.
In recent days, bitcoin has dropped more, but I think there are not too many people left with capital to invest, so most people expect the market to increase rather than continue to decrease.


Title: Re: Benefits of Bitcoins recent price drop
Post by: martinex on September 18, 2023, 04:29:47 AM
Looking at the market and discussing market conditions with price drops that change almost all the time, on the one hand can be seen as a reminder of the speculative nature of the market. Indeed, this will strengthen the ecosystem, but it will also result in losses, especially for some investors, and will have implications and hinder mainstream adoption, provided that if there is a market correction, the price of BTC continues to fall again. Look, the price of BTC now and compare it 1 month ago with today. Well, some people also argue that Bitcoin's price movements are largely driven by speculation rather than its usefulness as a digital currency.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Xcode7 on September 18, 2023, 05:19:39 AM
Looking at the market and discussing market conditions with price drops that change almost all the time, on the one hand can be seen as a reminder of the speculative nature of the market. Indeed, this will strengthen the ecosystem, but it will also result in losses, especially for some investors, and will have implications and hinder mainstream adoption, provided that if there is a market correction, the price of BTC continues to fall again. Look, the price of BTC now and compare it 1 month ago with today. Well, some people also argue that Bitcoin's price movements are largely driven by speculation rather than its usefulness as a digital currency.
However, this is comparable to the desires and hopes of many people with the current decline to be able to enter/buy Bitcoin at a cheaper price, regardless of the losses or commotion that occur to investors when a price correction occurs, but many investors should be able to understand the price. Bitcoins. It is volatile and fast moving enough that anything is possible and therefore most investors will be prepared for this.
The decline that has occurred recently is not a big hope for many people, but I am sure there are some people who are happy and react to this positively and I never thought that Bitcoin price movements were driven more by speculation than its use as a digital currency.


Title: Re: Benefits of Bitcoins recent price drop
Post by: TheUltraElite on September 18, 2023, 07:31:27 AM
Yes, that's what happened most of the time, people who are selling Bitcoin at the time of Bearish market mostly are people who just know about Bitcoin and try their luck on it. When they see it doesn't work they will just sell it. But for me, I don't see it as a good thing too tho, it's still a lost, attracting more people tho Bitcoin is always a good thing, and I don't think it's wrong that people initial motivation to buy bitcoin is for a profitable investment.
We all want profits but most of the people getting in lack the speculative trading knowledge or how Bitcoin Cycles, in general how trading works and all. But beyond that they miss out reading the charts and observing the Bitcoin price swings over the years. They often take loans to buy Bitcoin which is a horrible mistake and they attempt to gamble on shitcoins.

Long term holding needs patience and bitcoin works the same too. Selling at the low is a newbie mistake and should be a lesson for those willing to stay in the game.

Bitcoin will not give you a short term huge profit, this should be clear to everyone.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Salahmu on September 18, 2023, 08:26:50 AM
In every drop on Bitcoin price present an opportunities for short time traders who doesn't have much knowledge about Bitcoin and just decided to accumulate and sell as the price goes up a bit because of there fear of uncertainty while others who believes the potential of Bitcoin will always  sees the drop as an opportunity to accumulate a good amount of Bitcoin, and most times irrespective of the current price of Bitcoin weather up or down the long time holders always sees opportunity to accumulate knowing fully well the potential of Bitcoin in the future will be great.


Title: Re: Benefits of Bitcoins recent price drop
Post by: GigaBit on September 18, 2023, 08:54:34 AM
Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better

It will help those that have long wanted to join the Bitcoin ecosystem quite encouraged to purchase Bitcoin

It will help capable hodlers  reduce Bitcoin spending to in turn help increase demand and value

Those who are new holder of bitcoin or who have little knowledge about bitcoin they often regret when the price of bitcoin reduce a bit but real holders are considered fall of Bitcoin price is a golden opportunity for the bitcoin holders. A new bitcoin investor may be worried about the falling price of bitcoin. They may sell their bitcoins by the fear of loss but those who know about bitcoin and can predict they will never miss the opportunity if they can afford it. There are some Bitcoin investors who wait for that desired time. Those who are new investors should invest in Bitcoin after gaining a good understanding about Bitcoin. Otherwise they will fail to hold their bitcoins.


Title: Re: Benefits of Bitcoins recent price drop
Post by: terrific on September 18, 2023, 09:01:01 AM
In every drop on Bitcoin price present an opportunities for short time traders who doesn't have much knowledge about Bitcoin and just decided to accumulate and sell as the price goes up a bit because of there fear of uncertainty while others who believes the potential of Bitcoin will always  sees the drop as an opportunity to accumulate a good amount of Bitcoin
It is a common knowledge that whenever the price of Bitcoin drops, that's the sign that it's an opportunity that everyone has to take. Without having any thoughts, you're doing the right thing if you foresee yourself to be long on this market holding it.

and most times irrespective of the current price of Bitcoin weather up or down the long time holders always sees opportunity to accumulate knowing fully well the potential of Bitcoin in the future will be great.
Accumulation has always been there. Up or down and if you're for the long term, there should be the initiative from you to check not just the market but also yourself if you've got some spare and money to take that opportunity.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Blitzboy on September 18, 2023, 10:08:06 AM
Looking at the market and discussing market conditions with price drops that change almost all the time, on the one hand can be seen as a reminder of the speculative nature of the market. Indeed, this will strengthen the ecosystem, but it will also result in losses, especially for some investors, and will have implications and hinder mainstream adoption, provided that if there is a market correction, the price of BTC continues to fall again. Look, the price of BTC now and compare it 1 month ago with today. Well, some people also argue that Bitcoin's price movements are largely driven by speculation rather than its usefulness as a digital currency.
However, this is comparable to the desires and hopes of many people with the current decline to be able to enter/buy Bitcoin at a cheaper price, regardless of the losses or commotion that occur to investors when a price correction occurs, but many investors should be able to understand the price. Bitcoins. It is volatile and fast moving enough that anything is possible and therefore most investors will be prepared for this.
The decline that has occurred recently is not a big hope for many people, but I am sure there are some people who are happy and react to this positively and I never thought that Bitcoin price movements were driven more by speculation than its use as a digital currency.
Bitcoin's price have always been surprising due to its decentralisation and enthusiasm. Yes, buyers must know how quickly its price shifts. Its crucial to keep in mind the original motivation behind the creation of Bitcoin, even though many people still cling to the dream of buying low and selling high. It was a decentralised money approach and a technique to make money. The focus on usefulness speculation has surpassed this. Bitcoin should be seen as more than just an investment and as a tool to alter your financial habits.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Marvell1 on September 18, 2023, 10:10:15 AM
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The benefits of decline are very important for an investor, both old or new investors, a decrease in key where we can take advantage, as we know that Bitcoin always returns to the top price.

We all know that to make a profit in the markets we need to buy low and sell high, so lowering prices is actually just as important as increasing prices. But the problem is that not everyone wants that to happen. There are many reasons for that, and just like what's happening in the market, I don't see too many people wanting bitcoin to fall further, instead they all hope bitcoin will reach 30k soon and surpass 35k$ by the end of this year. That makes me feel like everyone understands the importance of the price drop but no one has enough capital to buy more bitcoin. So what they expect is more increase than decrease. Personally, I have also bought enough bitcoin for myself and what I expect is an increase instead of a decrease.


Title: Re: Benefits of Bitcoins recent price drop
Post by: rojan on September 18, 2023, 10:14:25 AM
Those who are new holder of bitcoin or who have little knowledge about bitcoin they often regret when the price of bitcoin reduce a bit but real holders are considered fall of Bitcoin price is a golden opportunity for the bitcoin holders. A new bitcoin investor may be worried about the falling price of bitcoin. They may sell their bitcoins by the fear of loss but those who know about bitcoin and can predict they will never miss the opportunity if they can afford it. There are some Bitcoin investors who wait for that desired time. Those who are new investors should invest in Bitcoin after gaining a good understanding about Bitcoin. Otherwise they will fail to hold their bitcoins.
If one can't be patient after investing then he will never invest successfully but risk his money every time and walk away from investing. No one has ever lost money by investing in bitcoins those who have lost money are due to their own mistakes.  Lost I think. After investing in bitcoins we should wait for few months if the bitcoin market goes to dumping. When the price rises again then we have to sell the bitcoins. If we invest in this way by following some rules I think we can get good amount of profit.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Viscore on September 18, 2023, 10:25:30 AM
Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better

It will help those that have long wanted to join the Bitcoin ecosystem quite encouraged to purchase Bitcoin

It will help capable hodlers  reduce Bitcoin spending to in turn help increase demand and value


For sure it is not obviously a negative thing when the market price of Bitcoin drops a huge percentage since it is also a big opportunity for other investors and traders to buy Bitcoin at a good discount, It was sure not a good thing for someone who buys bitcoin before the drop because they already lose money when the price drop already but still you're not really going to lose money unless you're going to sell already at that time when the price drop.

Personally, I would prefer the market price to drop more since I am going for long-term investment I dont really have intentions to sell my investment at this time so for sure, so if the price sustain at this market point I could easily buy and accumulate more Bitcoin since I'm buying Bitcoin at a discount I could accumulate more in the Bullrun it is going to be a huge profit for sure. I mean the market is just a cycle so there are always going to be drops like this even at the top.
Right indeed. Those who only understand bitcoin and it’s market will eventually take advantage of the price drop, and maximize its purchases. But for some who have just entered the market and then suddenly bitcoin price drops, surely it will threaten them and might resort into thinking that their bitcoin investment is now over. But we should always know that not all the time bitcoin price will be on top, at times it’s also seen below like what we are seeing at the moment. So never panic but continue to buy bitcoin while it’s still affordable at the moment.


Title: Re: Benefits of Bitcoins recent price drop
Post by: bangjoe on September 18, 2023, 11:51:54 AM
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The benefits of decline are very important for an investor, both old or new investors, a decrease in key where we can take advantage, as we know that Bitcoin always returns to the top price.

We all know that to make a profit in the markets we need to buy low and sell high, so lowering prices is actually just as important as increasing prices. But the problem is that not everyone wants that to happen. There are many reasons for that, and just like what's happening in the market, I don't see too many people wanting bitcoin to fall further, instead they all hope bitcoin will reach 30k soon and surpass 35k$ by the end of this year. That makes me feel like everyone understands the importance of the price drop but no one has enough capital to buy more bitcoin. So what they expect is more increase than decrease. Personally, I have also bought enough bitcoin for myself and what I expect is an increase instead of a decrease.
Yes, of course, for those of us who have bought Bitcoin, certainly expect the increase to be the most later, I also do not deny about it friends, even all investors.
But even though I have bought Bitcoin, my DCA funds are still here in a few months to accumulate Bitcoin, so the decline is enough for me to look forward to today, because I want to buy more bitcoin when it happens.

Everything has a positive side if you are indeed a good thing, including the decline that occurs in Bitcoin, if you have a big plan for the decline, such as buying more so you can get more profit in Bullrun later, isn't that a fairly logical decision expecting a decline.


Title: Re: Benefits of Bitcoins recent price drop
Post by: _BlackStar on September 18, 2023, 10:22:05 PM
-snip-
Everything has a positive side if you are indeed a good thing, including the decline that occurs in Bitcoin, if you have a big plan for the decline, such as buying more so you can get more profit in Bullrun later, isn't that a fairly logical decision expecting a decline.
Your logic is bad - expecting a downturn after you've made an investment decision is certainly not a good thing. However, you can use this dip to accumulate if it turns out that the price decrease actually occurs after you invest.

If you expect a decline after investing – then you are actually choosing to take a loss first rather than wait for the decline and start investing. Where is the correct logic?


Title: Re: Benefits of Bitcoins recent price drop
Post by: komisariatku on September 19, 2023, 01:17:05 AM
In every drop on Bitcoin price present an opportunities for short time traders who doesn't have much knowledge about Bitcoin and just decided to accumulate and sell as the price goes up a bit because of there fear of uncertainty while others who believes the potential of Bitcoin will always  sees the drop as an opportunity to accumulate a good amount of Bitcoin, and most times irrespective of the current price of Bitcoin weather up or down the long time holders always sees opportunity to accumulate knowing fully well the potential of Bitcoin in the future will be great.

In my opinion, taking profits from bitcoin trading can be done long term or short term, it's just a matter of strategy. For people who have limited capital, short-term trading options are often chosen because they can produce daily, weekly or monthly profits. They carry out bitcoin buying and selling activities by taking profit of price movements.

If there are no short-term bitcoin traders, the bitcoin market will be very quiet because everyone keeps their bitcoins and does not carry out trading activities. So whether you hold bitcoin for the long term or short term, they all have a contribution to the bitcoin ecosystem


Title: Re: Benefits of Bitcoins recent price drop
Post by: SquirrelJulietGarden on September 19, 2023, 01:33:29 AM
In my opinion, taking profits from bitcoin trading can be done long term or short term, it's just a matter of strategy. For people who have limited capital, short-term trading options are often chosen because they can produce daily, weekly or monthly profits. They carry out bitcoin buying and selling activities by taking profit of price movements.
Long term or short term, taking profit is always a good activity on the market. If you take profit and get your initial capital back, you are reduce risk for your investment. When you take profit much enough to get all initial capital back, you are safe. If you keep that amount untouched, your initial capital is already safe and you will have zero risk to lose it if  you don't reinvest it.

People just take too much risk, they don't often take their initial capital back when they have chances and by reinvesting, they sometimes fail and lose not only profit but also initial capital when market has crashes.

Quote
If there are no short-term bitcoin traders, the bitcoin market will be very quiet because everyone keeps their bitcoins and does not carry out trading activities. So whether you hold bitcoin for the long term or short term, they all have a contribution to the bitcoin ecosystem
Traders who use leverages and Futures for trading are interesting components in the market. They are victims in the market when it has crashes but without them, we will not have forced liquidations on market and price will not have serious candles for wash out or break out, spike. Their gambling makes the market more dramatic and interesting.


Title: Re: Benefits of Bitcoins recent price drop
Post by: xSkylarx on September 19, 2023, 01:41:07 AM
Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better

It will help those that have long wanted to join the Bitcoin ecosystem quite encouraged to purchase Bitcoin

It will help capable hodlers  reduce Bitcoin spending to in turn help increase demand and value


For sure it is not obviously a negative thing when the market price of Bitcoin drops a huge percentage since it is also a big opportunity for other investors and traders to buy Bitcoin at a good discount, It was sure not a good thing for someone who buys bitcoin before the drop because they already lose money when the price drop already but still you're not really going to lose money unless you're going to sell already at that time when the price drop.

Personally, I would prefer the market price to drop more since I am going for long-term investment I dont really have intentions to sell my investment at this time so for sure, so if the price sustain at this market point I could easily buy and accumulate more Bitcoin since I'm buying Bitcoin at a discount I could accumulate more in the Bullrun it is going to be a huge profit for sure. I mean the market is just a cycle so there are always going to be drops like this even at the top.
Right indeed. Those who only understand bitcoin and it’s market will eventually take advantage of the price drop, and maximize its purchases. But for some who have just entered the market and then suddenly bitcoin price drops, surely it will threaten them and might resort into thinking that their bitcoin investment is now over. But we should always know that not all the time bitcoin price will be on top, at times it’s also seen below like what we are seeing at the moment. So never panic but continue to buy bitcoin while it’s still affordable at the moment.

I don't see why bitcoin is affordable where I live because it is very expensive to buy a whole bitcoin. That is why I am just buying small amounts coming from my salary unless you have a bigger salary, but I get your point that in the future the price would be massively expensive.
 
Having an understanding of Bitcoin, whether you are new or not is necessary because that is your investment. Having knowledge of it can lessen the risk of losing your money and you can also know when and where to buy.


Title: Re: Benefits of Bitcoins recent price drop
Post by: komisariatku on September 19, 2023, 01:58:29 AM
In my opinion, taking profits from bitcoin trading can be done long term or short term, it's just a matter of strategy. For people who have limited capital, short-term trading options are often chosen because they can produce daily, weekly or monthly profits. They carry out bitcoin buying and selling activities by taking profit of price movements.
Long term or short term, taking profit is always a good activity on the market. If you take profit and get your initial capital back, you are reduce risk for your investment. When you take profit much enough to get all initial capital back, you are safe. If you keep that amount untouched, your initial capital is already safe and you will have zero risk to lose it if  you don't reinvest it.

People just take too much risk, they don't often take their initial capital back when they have chances and by reinvesting, they sometimes fail and lose not only profit but also initial capital when market has crashes.


Yes. that's the advantage of short-term trading, they can take profits little by little until their capital is back in full, then they can use the profits for trading, and the risk is smaller. However, in practice it is not easy, they need experience and good market analysis to be able to trade correctly.

If there are no short-term bitcoin traders, the bitcoin market will be very quiet because everyone keeps their bitcoins and does not carry out trading activities. So whether you hold bitcoin for the long term or short term, they all have a contribution to the bitcoin ecosystem
Traders who use leverages and Futures for trading are interesting components in the market. They are victims in the market when it has crashes but without them, we will not have forced liquidations on market and price will not have serious candles for wash out or break out, spike. Their gambling makes the market more dramatic and interesting.

yes yes yes, once again I agree with you. However, if the bitcoin market has a high trading volume, it will make people more interested and confident in bitcoin. You can imagine how people would trust Bitcoin if the market was quiet and there was no trading activity. That's not interesting.

So traders have a big contribution in keeping the bitcoin trend maintained. They indirectly contribute to the sustainability of the bitcoin ecosystem, especially regarding the price of bitcoin. And when people talk about bitcoin then they will talk about the price (not the concept)


Title: Re: Benefits of Bitcoins recent price drop
Post by: CryptoBuds on September 19, 2023, 03:07:48 AM
Firstly drop in the price of Bitcoin helps strengthen the Bitcoin ecosystem by making impatient holders sell their Bitcoin hodlings to others who understands Bitcoin better

It will help those that have long wanted to join the Bitcoin ecosystem quite encouraged to purchase Bitcoin

It will help capable hodlers  reduce Bitcoin spending to in turn help increase demand and value


For sure it is not obviously a negative thing when the market price of Bitcoin drops a huge percentage since it is also a big opportunity for other investors and traders to buy Bitcoin at a good discount, It was sure not a good thing for someone who buys bitcoin before the drop because they already lose money when the price drop already but still you're not really going to lose money unless you're going to sell already at that time when the price drop.

Personally, I would prefer the market price to drop more since I am going for long-term investment I dont really have intentions to sell my investment at this time so for sure, so if the price sustain at this market point I could easily buy and accumulate more Bitcoin since I'm buying Bitcoin at a discount I could accumulate more in the Bullrun it is going to be a huge profit for sure. I mean the market is just a cycle so there are always going to be drops like this even at the top.
Right indeed. Those who only understand bitcoin and it’s market will eventually take advantage of the price drop, and maximize its purchases. But for some who have just entered the market and then suddenly bitcoin price drops, surely it will threaten them and might resort into thinking that their bitcoin investment is now over. But we should always know that not all the time bitcoin price will be on top, at times it’s also seen below like what we are seeing at the moment. So never panic but continue to buy bitcoin while it’s still affordable at the moment.

Yes, the people who sell when the market declines are largely new, but that's also a completely natural part of the market. Because if everyone is waiting to buy when the price of bitcoin drops, then who will dump bitcoin so we can buy it cheap? This is the financial markets and that's how it works, there are always losers to create winners. I have never seen a financial market without losers.

Whether bitcoin's price decrease is advantageous or disadvantageous depends on each person's position. For high-priced buyers, bitcoin's price drop is not something to celebrate.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Sebas.tian on September 19, 2023, 03:25:21 AM
I think, many investors used bearish season to buy Bitcoin and hold until the market price start pumping before they can think of selling or continue holding until the price of their satisfaction occur in the market.  Now that the price of Bitcoin has dropped down to $26,000 in this month of September, show that many investors will use this opportunity to increase their purchase in the market, because there is a hope that those that invested in Bitcoin at this rate will have something special to earn before the end of this year. Based on the current price, I think long term holders will achieve more profits when the price increase higher than short term holders, because the long term holders are very ready to hold till bullish season appear in the market.


Title: Re: Benefits of Bitcoins recent price drop
Post by: _BlackStar on September 19, 2023, 01:06:13 PM
I think, many investors used bearish season to buy Bitcoin and hold until the market price start pumping before they can think of selling or continue holding until the price of their satisfaction occur in the market.  Now that the price of Bitcoin has dropped down to $26,000 in this month of September, show that many investors will use this opportunity to increase their purchase in the market, because there is a hope that those that invested in Bitcoin at this rate will have something special to earn before the end of this year. Based on the current price, I think long term holders will achieve more profits when the price increase higher than short term holders, because the long term holders are very ready to hold till bullish season appear in the market.
I'm obviously very happy to say that as I write this, the price of bitcoin is trading above $27k. September is not historically a good month for market conditions - but something different is always possible when things turn in favor of the industry and its market participants.

Since the August correction - I tend to think that bitcoin is just maintaining a sideways trend instead of recovering. The market is moving so slowly and this has made it difficult to break the $28k resistance or higher - but over the remainder of September we can expect that resistance to be broken so the $27k support level is expected to become stronger. But despite all that - I think experienced investors have been accumulating instead of ignoring this correction by just holding and avoiding the market. If they have additional budget - then accumulation during correction is always advisable.


Title: Re: Benefits of Bitcoins recent price drop
Post by: bayu7adi on September 19, 2023, 01:47:11 PM
Selling Bitcoin is also a viable strategy to accumulate more capital for shopping if the market continues to decline. Everyone has their own predictions, and there's no need to debate their decisions because we don't bear the losses of others, nor do they bear ours.

If you constantly corner people who sell Bitcoin during bearish markets, it's akin to persuading them to hold. Yet, they may have alternative strategies that could be more advantageous. Who knows?

Even though there are sales during bearish moments, the Bitcoin ecosystem continues to strengthen year by year, and it accumulates.


Title: Re: Benefits of Bitcoins recent price drop
Post by: khiholangkang on September 19, 2023, 02:25:39 PM
I think, many investors used bearish season to buy Bitcoin and hold until the market price start pumping before they can think of selling or continue holding until the price of their satisfaction occur in the market.  Now that the price of Bitcoin has dropped down to $26,000 in this month of September, show that many investors will use this opportunity to increase their purchase in the market, because there is a hope that those that invested in Bitcoin at this rate will have something special to earn before the end of this year. Based on the current price, I think long term holders will achieve more profits when the price increase higher than short term holders, because the long term holders are very ready to hold till bullish season appear in the market.
There is no right time to accumulate bitcoin during the bearish season, although we do know that the bearish season is very boring and a bit scary, because on days the market moves stagnant at lower prices and every time you see the market it is red.
I think many investors rarely enter the market to collect bitcoin, only a few investors dare to enter the market when a downturn occurs.
It is proven that when bitcoin experiences a decline, most investors liquidate their bitcoin and temporarily move their money to stable coins.
They prefer to enter the market when bitcoin has moved into a bull run rather than accumulating in bearish times, but those who accumulate bitcoin when prices are falling are smart investors.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Lorence.xD on September 19, 2023, 02:43:10 PM
I think, many investors used bearish season to buy Bitcoin and hold until the market price start pumping before they can think of selling or continue holding until the price of their satisfaction occur in the market.  Now that the price of Bitcoin has dropped down to $26,000 in this month of September, show that many investors will use this opportunity to increase their purchase in the market, because there is a hope that those that invested in Bitcoin at this rate will have something special to earn before the end of this year. Based on the current price, I think long term holders will achieve more profits when the price increase higher than short term holders, because the long term holders are very ready to hold till bullish season appear in the market.
There is no right time to accumulate bitcoin during the bearish season, although we do know that the bearish season is very boring and a bit scary, because on days the market moves stagnant at lower prices and every time you see the market it is red.
I think many investors rarely enter the market to collect bitcoin, only a few investors dare to enter the market when a downturn occurs.
It is proven that when bitcoin experiences a decline, most investors liquidate their bitcoin and temporarily move their money to stable coins.
They prefer to enter the market when bitcoin has moved into a bull run rather than accumulating in bearish times, but those who accumulate bitcoin when prices are falling are smart investors.

There's no literally right time whenever when to buy Bitcoin because we couldn't predict what would be the outcome in the market's price. But we all know that buying at the bearish market is the best time to buy with the cheaper price especially if you're planning to invest in a long term. But bearish might be a good timing but for short term investment, it might affect them negatively since the decrease drop of Bitcoin's value are keeping decreasing causing some investor to lose more investment and get liquidated. But if you panicked in these kind of situation as an investor like moving your funds into altcoins, for sure you'll missed out a big opportunity because if you're holding long enough reaching the bullrun, for sure you'll profit big.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Pingrapole on September 19, 2023, 03:07:09 PM
Due to the low price of Bitcoin many people that have small investment amount of money will buy now the thing is many people will lose interest but if people buy then many people will buy hoping that they will get a big investment but then Again the price of Bitcoin will increase at a very high rate, of course it is very good that every thing should go up in a price then there are a risk and it never good if the price only goes down or up.This is good for Bitcoin as the price of Bitcoin goes down. Because more people will buy, and people trust will be stronger than its price will increase and people will accept the country or society with trust.A lot of people are eagerly looking forward to the day when the price will drop so many people will buy now.We do not buy many products when the price goes down but with Bitcoin it is the other way around because of the royalty issue because everyone knows that by buying here no one is a victim if he waits patiently.


Title: Re: Benefits of Bitcoins recent price drop
Post by: barisbilgili on September 20, 2023, 03:46:49 AM
There's no literally right time whenever when to buy Bitcoin because we couldn't predict what would be the outcome in the market's price. But we all know that buying at the bearish market is the best time to buy with the cheaper price especially if you're planning to invest in a long term. But bearish might be a good timing but for short term investment, it might affect them negatively since the decrease drop of Bitcoin's value are keeping decreasing causing some investor to lose more investment and get liquidated. But if you panicked in these kind of situation as an investor like moving your funds into altcoins, for sure you'll missed out a big opportunity because if you're holding long enough reaching the bullrun, for sure you'll profit big.
As investors who want to invest in Bitcoin, of course they have their own strategy in determining when is the right time to buy or sell it, but for those who make long-term investments, of course they will not be affected by a price drop because they understand this well. I think those who panic about the decline in their prices are not worthy of being called investors because for investors the decline in prices is not a problem for those who make long-term investments and they are able to stick to strategies that they understand well so that they can profit from these investments.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Smack That Ace on September 20, 2023, 04:30:01 AM
There's no literally right time whenever when to buy Bitcoin because we couldn't predict what would be the outcome in the market's price. But we all know that buying at the bearish market is the best time to buy with the cheaper price especially if you're planning to invest in a long term. But bearish might be a good timing but for short term investment, it might affect them negatively since the decrease drop of Bitcoin's value are keeping decreasing causing some investor to lose more investment and get liquidated. But if you panicked in these kind of situation as an investor like moving your funds into altcoins, for sure you'll missed out a big opportunity because if you're holding long enough reaching the bullrun, for sure you'll profit big.
As investors who want to invest in Bitcoin, of course they have their own strategy in determining when is the right time to buy or sell it, but for those who make long-term investments, of course they will not be affected by a price drop because they understand this well. I think those who panic about the decline in their prices are not worthy of being called investors because for investors the decline in prices is not a problem for those who make long-term investments and they are able to stick to strategies that they understand well so that they can profit from these investments.


What is the concept that defines a bitcoin investor? And if they are not investors, then who are they? And without people lacking knowledge and experience selling their bitcoins in a panic, where would you buy cheap bitcoins? Furthermore, in investing there will be times when you win or lose, those who dump bitcoin in panic do not mean they will not learn any lessons and will always fail. It is simply a journey that any investor will go through to become a professional investor.


Title: Re: Benefits of Bitcoins recent price drop
Post by: Blitzboy on September 20, 2023, 03:29:52 PM
`

There's no literally right time whenever when to buy Bitcoin because we couldn't predict what would be the outcome in the market's price. But we all know that buying at the bearish market is the best time to buy with the cheaper price especially if you're planning to invest in a long term. But bearish might be a good timing but for short term investment, it might affect them negatively since the decrease drop of Bitcoin's value are keeping decreasing causing some investor to lose more investment and get liquidated. But if you panicked in these kind of situation as an investor like moving your funds into altcoins, for sure you'll missed out a big opportunity because if you're holding long enough reaching the bullrun, for sure you'll profit big.
You say the "best time" to buy Bitcoin long-term is a bear market. You have a point, but are you ready to weather the storm? A lot of people talk a good game about investing for the long term, but as soon as they see a drop, they run away. In crypto world, what does "long term" mean? One year? How about five years? Its impossible to clarify the standards.

As for short-term investments and the risk of liquidation, you're right. If you are not careful, a bear market can take you all the way down and then spit you out. Still, I dont think you should switch to altcoins out of the blue. Most of the time, thats like jumping from a hot pan into a fire one. My point? Diversification is key, but dont do it out of fear.


Title: Re: Benefits of Bitcoins recent price drop
Post by: khiholangkang on September 20, 2023, 03:53:27 PM
`

There's no literally right time whenever when to buy Bitcoin because we couldn't predict what would be the outcome in the market's price. But we all know that buying at the bearish market is the best time to buy with the cheaper price especially if you're planning to invest in a long term. But bearish might be a good timing but for short term investment, it might affect them negatively since the decrease drop of Bitcoin's value are keeping decreasing causing some investor to lose more investment and get liquidated. But if you panicked in these kind of situation as an investor like moving your funds into altcoins, for sure you'll missed out a big opportunity because if you're holding long enough reaching the bullrun, for sure you'll profit big.
You say the "best time" to buy Bitcoin long-term is a bear market. You have a point, but are you ready to weather the storm? A lot of people talk a good game about investing for the long term, but as soon as they see a drop, they run away. In crypto world, what does "long term" mean? One year? How about five years? Its impossible to clarify the standards.

As for short-term investments and the risk of liquidation, you're right. If you are not careful, a bear market can take you all the way down and then spit you out. Still, I dont think you should switch to altcoins out of the blue. Most of the time, thats like jumping from a hot pan into a fire one. My point? Diversification is key, but dont do it out of fear.
I agree that the best and right time to enter the market is when bitcoin experiences a decline, people on this forum definitely know that, especially those who often discuss with JayJuanGee about using the right strategy in risk management and time management when buying bitcoin. as long as it is bearish it is the most momentum.

But I try to pay attention to the behavior of other investors, as I described before, they run away from bitcoin when the downturn occurs, and prefer stablecoins to protect their money, speaking they are missing a big opportunity, yes I agree about that, as we saw that when The decline occurred in stable coins, the market capitalization of which increased significantly, it shows that most investors out there moved to this stable altcoin.
Yes, perhaps the main factor as we know is excessive fear so they liquidate their bitcoins.