Bitcoin Forum

As a young bitcoiner that is having plans to invest in bitcoin or already investing. How do you feel about the current price of bitcoin?
* is it encouraging to you that this is an opportunity for you to buy more.
* does it makes you  lose  hope concerning your investment that it should have gone beyond bitcoin current price of $25,835.
Before now many speculators do say by this the price of bitcoin should be around $35,000 by now, and this is the kind of news investors wants to hear all the time but it is unfortunate that the price of bitcoin has drop to $25k which can be heart breaking to some investors expecially the new ones. 

Do not let the price of bitcoin right now make you give up on you investment plans, the drop in price is just a distraction to make you take a decision that can make you regret of the better days of the market coming.

If you have a huge investment amount in place you won't find it easy to take your eyes off from the chart. Frankly speaking!

Like we say, buy the dip! buy the dip! It's not easy to keep on buying when you have an already invested amount dropping down in value when you were expecting a rise in price by this period of the year but reverse is the occurrence, which also on the other hand shouldn't be a thing of surprise for those that have familiarize themselves with volatility of the market.

We shouldn't base our expectations of the market to most of these market  speculators, they could be speculating base on emotions and perspective. 
Your view on the  price of bitcoin currently now depends on you, to some it's a bad moment but for some others it's an opportunity for future profit. What you do with this moment would matter on your portfolio a lot in time to come .

Honestly the current price of Bitcoin is not encouraging and it can make one take a decision that you'll regret and OP I think everyone will have to glue their eyes on the price of it will go up or down, patience is the key to all these.
At the moment no amount of prediction can make traders or investors to feel better, for now they hope for the best. The price is going up but I don't know if it will get up to $30k.
$26k is the current price, before the end of this week my instincts tells me that we're going to have it at $29-$30... Not a prediction just what I feel might happen.

^^ I wouldn't say that the price is discouraging though, we have been in this kind of price movement, and compare to the lowest low for this bear market, the current price is still good in my opinion.

I was quite surprised that we are not looking to be in the green side in the last 8 hour time frame, so it's encouraging to me and at $26,550. I wouldn't be surprised if we went and goes to $27k at least before the end of this month.

When you have been into Bitcoin for a long time all these moves aren't going to shake you a bit, while Letterdhub is saying that it's not easy to keep buying the dip and it's hard to take your eye off a large amount invested in Bitcoin I find this very funny, because if I can recall correctly, the two biggest dips so far are 17k and 15k, if anyone accumulates a good number of Bitcoin at this price they are still in profits today.

If you are panicking because you invested a large amount of money, it's because you go all in at once when the price is already increasing, I don't feel this way because I I grabbed my chance at the lowest, I am not saying Bitcoin can't go lower, but this is what THEY want you all to feel like, tired of holding and probably giving up.

When Bitcoin is finally ready to pump it will come when there is so much fear in the air, and those who make decisions at such time will benefit the most.

This fall of bitcoin price shouldn’t be a thing of concern because we have seen from past markets events that there is always a fall like this whenever the bitcoin halving is approaching. So it shouldn’t be a thing a of worry but rather a moment of accumulation. But we can’t take away the fear of losing away from newbies during every drop price, because most are early into this and may have invested money that they are not capable of investing into it. The market experts are those that will appreciate the moment because of the prior experience as this will give them another opportunity to accumulate. As for me I will stick to DCA and not panic since a 1 bitcoin remains 1 bitcoin no matter the conditions

Well not everyday is Sunday and Bitcoin cant continue its upward trend forever. If you remember price of Bitcoin few months back, it was around 16k$ and from there it jumped to 30K$. The price was very much stable on 30k$ and we have to admit that Bitcoin wasn't able to break resistance of 30k$. Now there is small DIP of 4k$ and we have speculations that price of Bitcoin is not encouraging. Just HODL and dont panic, Bitcoin is going no where.

Have you seen and experienced how bitcoin will be at $15K in November of 2022? Wasn't it lower then than now?

Yes - I did.

Don't lose hope because the target is not this year, the halving hasn't happened yet so don't panic too much, just stay optimistic. ;)

Some speculators may guess wildly because predictions cannot be guessed with certainty, for those who are not strong, they will definitely break up halfway for fear of the price being destroyed again and they think they will suffer losses, maybe they think so.

At the end speculations are just that, what matters is the reality that we have to face, so even if there were some speculators that were expecting for the price of bitcoin to be higher at this point, it does not matter, what matters is that there was a dip and this is an opportunity to buy bitcoin, after all the price had remained stagnant for some time, and while this is considered to be a bad scenario for those expecting a raise on the price, this is great for those that were waiting for dip to buy even more bitcoin.

You wont really be having that kind of disappointment if you are really just that having  that realistic approach towards market price and not something that being too positive with your investment.There are people

who are really that too optimistic towards price and they do believe that on the time that they do make out some position then they would really be tending to believe that the price movement would already be going up without even reconsidering about those sudden declines after purchase or entry due to market common movements and situations.This would really be resulting into that disappointment and other impulsive emotional approach towards it. Common newbie investors or traders are the main ones who do affected with these drops and to those who are experienced then they do already get used to it.

The key on here is that never ever make yourself that checks out the price every now and then because no matter how experienced you are, you are really that putting yourself on the chance on being that impulsive
since we are just humans which emotions could really take control of you anytime.

For those that have invested earlier and has a lot of savings in bitcoin will not really feel happy the way the market downturn has been over the weeks. But at the same time, it’s an opportunity for those that have not invested to buy at a lower price than some that have bought earlier at an higher price compared to this. As it is advantageous to some, it is also disadvantageous to some which no one has control over.


There’s no a bad time to enter into the market, if you employ the DCA method since you started your investment, it’ll be very easy to take advantage of this opportunities that comes around with the volatile nature of the market. People will always speculate about the market but don’t be dependent by their speculations and stop you from investing when you’re supposed to have done that at an early time.

It is out of the question for an investor who invests in Bitcoin to despair. If you are buying Bitcoin, you know that the price will rise and fall at certain times. Being able to wait for the price to rise is more important than anything else. The Bitcoin investor has also learned to wait over time. I cannot say anything to those who invest in Bitcoin in the short term, but those who invest in the long term understand what I am saying. The investor who knows how to wait always wins.

One of the most beautiful features of Bitcoin is the possibility of its price to rise in a short time. So when the price goes up, it's good to see your investment gain value quickly. Especially if you have made the investment and managed to wait in the long term, Bitcoin will not mislead you.

Everyone wishes to see the price of Bitcoin go up almost every time; many chart readers predicted the price to even be above $35k by now, adding to the fact that the halving is fast approaching, and it should be enough reason for whales and others to increase their holdings and for those who don't hold yet to add Bitcoin to their portfolio.
 
The unexpected price drop of Bitcoin is enough to chase those who don't know its true potential away from it and make them fear for their money, but as for true Bitcoinners, it will only be seen as one of those things that happens once in a while; it's expected to happen even if they don't know the exact time for it to happen, but Bitcoin prices usually go up and down.
 
The recent price drop, which took more than $4000 off the price, is indeed shocking, but if I have enough funds, I will rather consider it an opportunity to buy it and add to my holdings than think about any negative things that could result in panic selling.

1. Yes, this is a good opportunity to buy a lot. But there is no need for coercion so you do silly things.
2. No, my expectations about the future of bitcoin are still the same and that hasn't changed.

There's no giving up and I'm not going to make the same mistake I did in the past by selling faster. I am optimistic about the future of bitcoin as it is in fact getting closer to the halving. I have stood my ground to become a long term holder, but unfortunately the lack of additional fund meant I had to adjust my will in terms of accumulation.

Without even trying to realize that making money or profit is really via with that volatility in price. Its true that most people are really looking after about increase in price most of the time on which we know that this market is really that volatile in the first place and that what makes it profitable if you do really just know on how to play with the price movement. Its true that checking out from time to time about price drops could really give out that kind of reaction and emotions on which it might really be leading into that possible alteration of your trading decisions which it wont really be that good for you.

Always be wise on when to get in and when to get out specially when you are in profits. Market cant really be calm most of the time and there would really be moments where storms and waves do really surges.
This is why it is one of the most common risks and scenario that you would be facing in this market. Falling price is common and instead on seeing this as an disadvantage, it would really be rather wise
on taking this as an opportunity to have some nice or good entry.

Both conditions can occurs but it depends on the thoughts of an individual so those individuals who already have some bitcoin will surely be worried about such fall in price because price become more lower than expected.

On other hand those who don't have any bitcoin may be see this fall as lucky moment to have some bitcoin at this price because everyone wants to take profit. I think that by visualizing such lower price there will be some individuals who will consider halving period as a wrong information because demand is not such high for bitcoin that was in previous months.

The price is greatly related with that of demands so when price reduces and reductions is because of news so may be it negatively impact the demand and I don't know what will be in future but as the price is still lower so holders will be in hope for the correction again.

When you have cold money it's better, don't use hot money or so-called money that is used for your needs then it's a silly act.
There is no loss of hope, everything still has a chance to recover and improve, just wait until 2024/25 and be patient.

I am not a long-term shareholder but the priority now is more on bitcoin which I think a few years will reach the peak (my expectation) when the price drops it will not waver, I will continue to HODL until I see the price at its highest.

To be honest I have lost quite a bit of value from my investment portfolio during this major correction, but I can safely say that I haven't sold anything so far. Price volatility is something I've taken for normal for bitcoin, but of course accumulation I will always hope for. But so far I'm still sticking to the long term plan instead of expecting returns in the short term.

Bitcoin has great potential in the long term and I should use it to build a better financial condition for me. The average person does it even though some of them lament the price volatility, but it's a win-win situation for others.

Here is how I feel about this -
-  The current price of bitcoin doesn't diminish its value.
- The current price of bitcoin doesn't diminish its potential.
- The current price of bitcoin hasn't prevented BlackRock and other big investment organizations from buying bitcoin from miners through OTC trading offers.
- The current price of bitcoin won't prevent the bitcoin halving from happening next year April 26, 2024 leading to a significant increase in price.

It depends of the type of trading or investing you are doing with your funds. If you are long term investor, then you don't need to worry that much because you have a very long time horizon. Every down or bleeding season is an opportunity to buy more. There's no thrill to you near term fluctuation of price. You just buy more and accumulate more assets that you thnk is essential in the future. When you are doing short term trading, then you have to be carefull, because timing is important, there's a great risk but also there's the opportunity for you to make money both going short position or going long position.

The pressure and that possible impulsiveness on the time that you do see this market crash cant really be that be seen when you are going for long term aspect and not something that you have aiming for short term.

I could really testify that if ever you are really that eagerly trying out to check prices on constant manner then it would really be a possible reason that you might really be able to changed up your mind and would be making those impulsive decisions which is something that not really worth on doing so. There are really just those people who cant really just able to make control of themselves in terms of emotions on which they cant really be able to stop and this is why they do really make out those impulsive decisions which it do lead to disaster.

If you've been here on this market for many years then these kind or type of movement is never been that something shocking for you but instead you are already getting used to it. Therefore, on the time that it do happens then rather you do freak out then you would be seeing this as an opportunity for you to enter or to make out some DCA or buying cheaper coins or simply you are seeing this to be the sweet spot on doing things .

This is not a distraction but a proof that the market is very volatile and this is not your place for a quick reach scheme so don’t just believe on any hype and continue to analyze the market. Its better if you will start looking for a good entry price before the price recovers because this dump will only be temporary and we know that bull market is about to happen so don’t waste your time for panicking, just stay focus and do what is necessary for you.

I think that's correct because if you are the type that wants to buy bitcoin because of the good stories you have heard concerning the sudden rise in price where by making you sustain lots of profits then you will definitely get affected by the price drop but if your goal is set on bigger things then you would know and understand that the sudden drop is actually a slight window opened for you as an investor to actually buy which of course the ration of bitcoin will be big and not same as that of when the price was high

Whether the price is low or not does not distract me that much anymore. I've already spent years with Bitcoin and have seen the ups and downs. Although it excites me whenever there is a sudden rise in the price or it saddens me whenever the price suddenly falls, I usually just forget about it after a minute or two.

For sure, it doesn't bother me if the price is low. Whether I have some savings to buy more or not, I know that a low price is nothing permanent. But to those who have the extra money, they should grab the opportunity. We will miss it sooner or later.

Those who are new investors of Bitcoin, they may get nervous when they see some big dumps of Bitcoin and think that Bitcoin may never recover again. For those, it is best not to look at the price all the time. This may provoke them to sell out their investments.

For other people too, looking at the price charts 24/7, is not the right approach if you are making investments. Trading is something else where you need to keep updated about the price as your trade is time bound but for investment purposes, just make up your mind that you won't sell bitcoin until 6 months or a year, depending on the plan with which you have invested.

New investors only see how Bitcoin is going up, but don't see how deep it is going down.
They might be surprised by this drop, but if they're used to it then it won't matter.

Bitcoin will recover, bear markets are always overtaken by bull markets in the end.
Selling Investments at low prices only gives you losses, don't indulge in panic, it's not good.
Must have diamond hands to be able to benefit as an investor.

24/7 charts are for day traders, not for long-term investors.
So from the beginning determine whether you want to be a fast trader or a long-term investor, because it will determine what strategy to apply.

It seems you are the type of person who doesn't want to drag on in sadness for a long time so it's easier for you to forget something that happened in front of you, even though when you see it you immediately feel sad. And actually it's a very good attitude for someone because I've seen some people when they see something and it makes them sad, they can't immediately forget it in just a few minutes and can even be sad for days and then they can forget it.

A good opportunity will indeed pass if it is not taken immediately, because if everyone knows that the opportunity is the best option to take, it should never be too late or delay to take it immediately. Even though everyone's type and perspective is different, like in the example I said above where you are the type of person who doesn't want to drag on in sadness for too long. And even more look at other positive sides such as opportunities that really have to be used as soon as possible when the price is quite cheap.

Beginners might found the price of bitcoin challenging because they have no experience of the market before now, but for Beginners that have make research concerning bitcoin price in the past they won't be too panic because they are already aware that the fall and rise of bitcoin is just the nature of the market. The best thing to do right now is never to take the price serious because it won't remain the same foreve, this is the secret Beginners needs to understand.

  Bitcoin price has gone low more than this even before now and still came up again, even if the price falls it doesn't mean it will still remain permanent forever.  Investing in Bitcoin one just need to exercise patience to wait for when the market becomes profitable.

If bitcoin is the only investment you have and you are investing with money you can't lose then it's true that you can't take your eyes off it.  but if you are investing with idle money and have a long-term plan, you will almost never care about that, let alone never take your eyes off the chart.  like me, I have a busy job outside and don't even have much time to open my phone to look at the hourly chart. I can only check the market at the end of the day when my work is done.  whether it is a big or small investment, it depends on your investment plan.

Even with idle money as long as the amount is considerably significant then you can’t remove the possibility of checking it too often because that’s still your money which you save through your salary or other source of profit. The only time you can rest assured to not bother checking your investments is when you put an amount of money that you can afford to lose or simply too small with regards your finance.

Having an investment plan is very hard to implement on crypto since you have full control to your investments which you will always be tempted to sell it whenever the price move significantly unlike typical investment plan that has maturity date before you can out your investment.

I'm only speaking of my emotional reactions to Bitcoin's price movements. I have known Bitcoin for around 7 years already. When I was a newbie, I was easily affected by the changes in the price. I'd feel nervous whenever I check my portfolio. I sometimes panicked. I also felt being overjoyed by sudden spikes only to feel disappointed when the correction happens. Before I go to sleep, the prices of my coins were the only things in my head. When I wake up, it's my portfolio's value that I check first.

Now, everything seems very normal already. Nothing seems surprising anymore.

If we are daily trading then monitoring price movements is a must, we can get a lot of profit if we continue to monitor prices, and profit is something that we must get, of course it is not easy to keep observing price movements, using simple things, for example after buying and then we sell by adding profit on spot exchanges is a very good thing.

In every given journey to success, you surely will encounter distractions on the road, but when you know your destination point, you won't get distracted by the things which you will see along the way, Therefore whoever comes here without any proper plans, the investor will easily get distracted by the short the term fluctuations in the price of Bitcoin without taking a look at the bigger picture. #Hodl is the slogan.

Monitoring prices is only a must for those who like to trade in the short term, because for those who like to invest in the long term, I don't think it is a necessity to continue to spend their time monitoring prices in the market. In addition, those who like to monitor prices are those who have bought before and set a high price with the profit level they want even though the price level they set is not certain to be reached in the near future. Unless there is a more significant price increase in the market.

And one more thing, those who only monitor prices without ever buying before, are those who will get nothing more than just being a very loyal market audience. So the necessity in terms of monitoring prices on the market also depends on what pattern someone is working on because not everyone does the same pattern so not everyone also has to monitor the market every day.

Its important to know the difference between something that you shouldn't do but doesn't change a thing, versus something you shouldn't do and it does hurt you. For example in this situation if you are worried about it but not trading and still holding then that's good and you will profit, but if you are worried and selling because of it then you are going to be in trouble. This is why you should be able to focus on how you could react and not how you could think. What you think doesn't matter, you can think anyway you want, you can think that bitcoin is going to zero, as long as you do not react on it and can keep holding then it will not matter. Always care for the action and not the thought.

The price of Bitcoin now is much more higher compared when I started. I believe investors like me who enter on Bitcoinon early years will never be regretful or loss hope on the current price because it’s still too high compared before. I believe only those new users who purchased at top are the one who’s very prone on giving upsince they use the ATH as reference for a better price which in reality Bitcoin above 10K is still insane high.

For long term investment they will not worry with bitcoin price fall down and accumulate or re investing as much possible during bitcoin price still down, but if not worth for short term investment actually current bitcoin price last month raised to $30k and right now have bad situation after bitcoin going down. For long term investment, they will accumulate bitcoin every day exactly with right moment right now keep investing when bitcoin in lower price. Not matter for long term investment, their timing always right because current bitcoin still in lower price give advantage for investing as much possible until bitcoin back up to higher price.

TBH, BTC didn't reach where it is, overnight. It took years for it to even get the recognition it has achieved till date and is still being adopted by many countries. A small revolution that got sparked in 2009, took an avatar of a giant wildfire and is changing lives since then. So thinking of price, it has crashed a 100, maybe 1000 times so it's not a big deal for those who have seen it since its early stage. But newbies will definitely feel heartbroken after seeing this, however they must understand that this is a cycle and it repeats itself every single time before a new bull run begins and takes BTC's value to a whole new level.

You will feel bad when looking at Bitcoin recent falling price and if you want be happy for recent falling price of bitcoin don't think of bitcoin falling and rising again, because when you continue to think of bitcoin price it will make you sell off your bitcoin you invested, so if you don't want to get discouraged as new investor in bitcoin don't think of the market any longer, just concentrate on other investment because bitcoin most surely rise for tye second time, investment in bitcoin is something of endurance and when you endure or have patients in bitcoin you will make profit

We do work hard for long before we do able to get that huge sums of money on which you are really indeed right that it is really just easy to say that not to focus or checking out the market often but in real thing

that if the amount is big and significant then its truly not that avoidable for you to make some checks at least. The good thing is that whenever you are really that prepared on what are the things that would happen then you wont really be making yourself that impulsive on which this is really a must thing to do specially on dealing with a very unpredictable market. Falling and Rising is always been that part or something that a standard on this market. On the tiem that you do step your foot then you are already accepting your fate on dealing with unpredictable prices and totally that random movement.

This would really be something that would really be in connection with your emotions because you cant really be able to avoid on not to think off about on whats the current market situation.If you do see
that you are on negative then there's really that tingling feeling of certain worrying about your investment condition. Its normal since we are just humans but due to experience and knowledge
and awareness on things then you do already have the idea on what  you should gonna do.

Yes, you are right, seeing the price of Bitcoin lately, of course it is not an easy thing for those who are just starting to invest in Bitcoin, but by having a lot of information about Bitcoin, of course they will understand that investing in Bitcoin must have patience so that they can get good profits later. If they don't have good patience, of course they will sell it if they see the current price because they will be worried if the price will go down again and this will make them not get a profit if the price goes up again later.

Apart from thinking about profit through investment, some investors also think about feeling affection for Bitcoin if they sell it at a lower price than the price they bought it for. And if there are people who sell Bitcoin because they panic after seeing the price drop in the market, they are not reliable investors with enough patience, but they are just people who don't believe in Bitcoin even though they have bought Bitcoin.

Because a person who truly believes in Bitcoin and he claims to be a reliable investor for Bitcoin, that person will never sell when a price decline is happening and he will even look for new capital to continue buying Bitcoin at a low price. Because such people always prefer to invest with Bitcoin instead of thinking about more profits in the future through Bitcoin itself.

If you are actually aware about the price volatility of bitcoin, I don’t think bitcoin dropping its price will still bother you and will be a big issue for you. Note that bitcoin price drops so that it will surge high again and reach a much higher price. And once you see the price dropping, do not see it as a price failure but rather take it as another opportunity to buy more bitcoin while the price is still low and affordable. If your mindset is like that, you will never fall panicking and worry as to when its price will recover, because you know in the long run that bitcoin will recover on its own and settle into a more impressive and expensive value.

Day traders do require a good eye on any dips this will turn a profit quickly. But, for those who are making long term investments there is no need to look at the charts every day, just check if necessary and now buy again. a market crash is a sign of where to start buying again and don't panic over a price crash.

The fallen price has never been encouraging for any trader except the future traders who have shorted it because they make money on their shorts, while spot buyers always lose. Not watching the market (like you told us to take our eyes off from the fall in price) doesn't make any sense because that's the real picture being painted on the charts, so we have to look at it and yes, also accept it at any cost.

Feeling affection for Bitcoin, what is it?
I guess it makes more sense to think that they would prefer to avoid losses if they sell it at a low price, at least that's the phrase that fits best in my opinion.

Selling at a loss is also not the worst thing to do in some situations, especially if you are thinking about adjusting your strategy. But still, if you sell at a loss then you will definitely think about how to recover the loss which in the end is a bit of a burden on yourself. It's better to hold and distance yourself from the market if you don't have a budget to accumulate during a corrected market.

That is just the challenge of investing, my Bitcoin holding was drop a huge percentage and if im going to check it i really lose a huge amount of money with just a few percentage drop but its okey because Im not planning to sell right now im aiming yo sell on the target Bullrun which is probablly 2years from now. This kind of drop was a good opportunity to buy Bitcoin you just need to look at it that way because if your going to focus on your lose for sure emotion might hit and you might end up selling it on a lose price.

In my experience there are always corrections in the market and the sudden drops are necessary for the market to circulate and let the market encourage more investors to go in and start accumulating Bitcoin as well. When the market price skyrocket to more than the all time high there will be a lot of drops and thats much difficult to hodl at that time if your already selling your Bitcoin on a drop like this your never going to survive the drop at the peak for sure so make sure to HODL.

There is no how anyone who has an investment in bitcoin will totally remove their eyes from the price of bitcoin. Even if it is long term investment, at a point you need to pay attention to the price of bitcoin. Wherever the investment of man is there also his mind will be. But the difference is that a day trader will always have eyes on the price, a short term investors will have eyes once a while and the long term investors may almost seem uninterested about the price.

I think there shouldn't his mind be, that is the trouble. If you keep talking about or thinking about your investment then you are not going to end up getting any good return with it, because you will want to do something with it all the time. I think it is quite important to remember that we are talking about a situation where it is going to end up with a trouble on the long run.

It is better to have some sort of result where it will be a big deal and when you can do that then it is going to be a lot more important. You should forget about your investment whenever you can and that will result with you doing a lot better and you should be making a profit when one day you come back to it when you hear that the price went up a lot.

I don't think it would be easy to leave our investment in the wallet with no concern for anything in the long term and return only to hear the value has skyrocketed after a while. It could happen, but I don't think many investors do that unless they actually have other income that is 100x the value they invested.

I know what you're trying to say, but they shouldn't ignore potential security risks. We can just ignore price volatility until the desired target is reached, but every now and then we also need to keep the storage wallet safe just to guard against things that are not desirable.

Being new would definitely be that something on a situation which you cant really be able to avoid on not to have those kind of impulsive approach since you arent get used to it. Market movements is something
that do really move on a very random and unpredictable manner on which it is really that truly gives out that kind of emotional shake up specially if you are a newbie. You would really be keeping on watching those charts and watching those price movement specially if you had just invest out recently and tending to look whether you are gaining or losing. On the time that you do have negatives then you would be checking now and then
to look if the negative goes down deeper or have able to recover. Its not really that bad to make some market checks, it is really just that there are ones who are really that too skeptical in towards market volatility
and whether they would be making out with those panic sells or would really be that having the control on trying out to break even and get out or would be able to realize that they should have bought more.

Maybe it's just a few investors and it also depends on what they're investing in, so they're not worried about the downturn.

For example, if they hold a lot of ETH in their wallet and they won't worry about a bear market or anything.
But if they're investing money that they still need for other purposes, they're going to be looking at the charts every day and it's going to last a while.

Psychology will really come into play when looking at the charts every day and this will also be a trigger to do stupid things like cut losses or things like that.

Still in his usual mood and not affected by the rise and fall of bitcoin prices. Why is that because we already know that there is a correction or recovery process for every bitcoin trip.

Of course, every time the price decreases, someone will take advantage of it to buy and the method can be adjusted according to the capital capacity they have.

When you understand the bitcoin journey process, the decline caused by several events is not a big problem because when bitcoin finds the right moment again, it will definitely get a gradual recovery. Losing hope because it is caused by over-expectations and someone who comes into this industry with no knowledge will definitely experience disappointment, especially if involved in investing or buying at a price that is much more expensive than the current price.

Remain calm and don't panic because bitcoin will recover gradually and for today we have seen much better market conditions compared to the previous few weeks. We will always see a series of declines and recoveries on the bitcoin journey, so the step we need to take is to be patient so as not to cause the investment we make to suffer losses.

To me the drop in price are the opportunities to buy, nothing more. If you preoccupy yourself with reasons of why it dropped or why it is rising you will never find any answers and will be left in a soup.

Learn to treat these prices as just numbers. Read the news but don't take everything at face value in this sector, unlike stock markets.

Don't lose hope, you have to keep patience and hope in order to play the long term game here.

I have never lost hope but there were points of my life that I have sold too early. I don't know, it was a decision that I have agreed to make and then eventually saw the price increase. Those were the times when I needed cash and there was no other source that I could get but from my holdings. I still got to hold but the feeling wasn't the same as before because I could feel the regret but I didn't wanna dive down into that feeling and there was a need to move on. But if it's about the market and it's dropping, I'm not worried but even excited about how high it will recover. This market taught us a lot of life lessons not just from the market alone and holding but also for having tons of patience which is also applicable in other aspects of our lives.

When the price of Bitcoin is fluctuating and especially going downwards. It does not matter if you are a new investor or an old investor, everyone will definitely have eyes on the price of Bitcoin. This is excluding people that are on a very long-term investment. Even at that at a point, they wouldn still glance at the price of Bitcoin because that is their investment.

Day traders are always looking at the price of Bitcoin and whenever there is dip in the market, there is always the tendency of everyone looking the price of Bitcoin to see if it will go below more than the loss they can take. Sometimes it is better to sell at lost than to lose totally.
Although there might not be total loss in bitcoin but if the investor cannot wait until the price comes up again, it is a loss to the investor because they might not use the money when they needed it most.

In my case, as I have been investing for a long time, first in the stock market and then in Bitcoin, doing DCA, I am indifferent to the current phase. I would like the price to go up and I am looking forward to the next bull market but this is what it is. The only thing I know is that by accumulating Bitcoin, and other assets, little by little in the future I will be better off financially than I am now, besides having part of your wealth in an asset extremely difficult to seize and censure is a plus.

We can remove our eyes from it, if it causes us anxiety as that can lead to unexpected sell-offs. But even if one is too confident, he can as well leave his investments on the side and he will only come back after some time to harvest his gains.

This is the good thing about Bitcoin. We are sure that it can always recover no matter how low it fall, but if you pick up the risky coins, then you may need to monitor them frequently, as anything can happen to them. Day traders had their eyes glued on their screens or in the market because trading works slightly different from investing. It's hard, time-consuming and everything but worth it once they pull it off successfully.

Fluctuations are always going on in the cryptocurrency market but when the price of bitcoin falls, newbies tend to panic as compared to experienced people because they are new to the market and are not familiar with the market and volatility. Older investors are familiar with the market so they don't worry about the market falling. Long-term investors also often watch the value of Bitcoin, as whenever the market falls, they have a good opportunity to buy at a lower price.



You are right that in day trading one has to monitor the market all the time and traders try to enter whenever the price of Bitcoin falls. An experienced trader always trades based on his knowledge, experience and analysis. Bitcoin is the most secure currency among all cryptocurrencies and the risk of loss is minimal. There is no possibility of losing one's entire capital. If investors continue to sell their Bitcoin at a loss instead of waiting for the price to recover when the price falls, this decision will always be a loss for them. An experienced investor might not be expected to make such a losing decision, but such decisions are often made by clumsy investors, who try to enter in another place after taking a loss.

Everyone who wants to invest in Bitcoin must understand about the volatility of Bitcoin price. Also, everyone must be aware that we are still in the bearish season. Moreover, there are some FUDs spreading around the crypto space lately, it triggers the price to drop a bit. So, if there is a dump or a decrease of the price, it is not something very surprising. I'm sure even a beginner must understand about the current drop in Bitcoin price.

It is all about the mentality and how we trust on Bitcoin. It is not about how long we invest in Bitcoin. If we have a strong mentality and trust on Bitcoin future, we won't give up because of that temporary drop of Bitcoin price. So, make sure that we really believe in Bitcoin before we begin to invest in Bitcoin. Kindly avoid to invest if we are not sure about Bitcoin future.

True, you can fool your eyes but you cant be able to stop on what your mind is thinking and the emotions that had been accompanied to it.  :-* You know that deep inside you cant really just make yourself that want to miss out on whatever the market is doing specially if you are really that wary on whats happening in the market. It cant really be something that you would really be just avoiding just because you dont want on seeing the market crash or whatever negativity of it but instead on getting the benefit on having no awareness, you might really be able to get the opposite one on which this is something that will really be putting you into a condition on which you would really be going into the opposite side of things when it comes to decision making. Its true that if ever you do make yourself that fully aware about the price then it do build up that confidence but with having the difference when it comes to experience then acts and possible movement or decision be made by a certain individual would be entirely be depending on your own knowledge and the skills you have gained overtime
which it would really differ into each person and this is why you can really tell that actions made will really vary.

OP It's as if you already know how heartbreaking the decline in the price of bitcoin is for some investors, especially the new ones. They are in an awful situation since they are unaware of bitcoin's volatile nature and how it works (price increases and decreases). They bought bitcoins for short-term goals, not for long-term goals. If people truly intend to invest in Bitcoin for long-term objectives, the price decline won't break their hearts instead providing them with a chance to buy additional Bitcoin at a lower price.

The majority of new crypto investors experience heartbreak and lose hope in bitcoin when the price changes in ways that are greater than what they anticipated (price reduction). Because of that, some of them may even be able to sell their bitcoin holdings at a loss.

In the stock market, the people who get the highest returns are the ones who touch the investment the least. That's assuming you buy quality stocks, or if you don't want to get complicated, just index funds. It is the same in bitcoin. Think of the people who bought 10 years ago and the same thing. Who has benefited the most? The one who didn't sell anything or the one who got carried away by the news of the moment and sold? In the end, if what you buy is good and you are going for the long term, the best thing to do is to forget the noise and hold on to the investment for the planned term. Another thing is that you plan to make partial sales in bull markets, as I just mentioned in another thread, but that can be part of the plan.

Then those people simply do not have what it takes to be part of this market, I could understand that kind of attitude from someone that was investing in this market when it was on its early stages, but anyone that invest now can watch the price history of bitcoin and watch how it moves, and if they feel they cannot deal with those movements then they can decide to not invest in bitcoin, but instead they just come here because they have heard they can make easy money, and then they get disappointed the market did not gave them the fortune they were expecting in a matter of weeks.

I'm a long term investor and used to seeing the price of Bitcoin turning up and down. Hence, it's not surprising anymore if the market currently is not what many investors expected it to be (turning bullish because of the near halving). So if you dyor before investing to Bitcoin, you'll understand how it works because you track its past history and aware of what happened in the past.

Thus, if you're a new investor and losing hope due to the current condition, remember that this is just temporary. It can help if you stop monitoring the market and forget for a while the price to prevent stressing yourself and thinking how long the bear season will last. It's part of the cycle and it has an advantage for investors waiting to buy at cheaper price.

Yes don’t get panic with these small dips. These are just opportunities to buy the coins at low price. Newbie investors always gets panic by seeing this price dumps. But they need to know that, once the coin’s price goes down, the demand to accumulate it also increases due to the low price. Now here price goes up ultimately in order to maintain the demand. So yes don’t take too much stress on these price manipulations.

Those who have not left the market so far prove that they are all too familiar with what has happened with bitcoin. The drop only made them more excited because they were able to accumulate more bitcoins at a high discount. As for those who are new to the market and have never experienced a bear season, I don't think they need to stop watching the market. I mean it's not easy to do that because they are also investing money in the market. In my opinion, it is not necessary to avoid them, but to face them instead. They should take advantage as bear season continues and this should be seen as a time-saver to improve their knowledge. Only if they have solid knowledge and understand everything about bitcoin then nothing can scare them.

we've knew that big investors and large pump-and-dump groups frequently manipulate cryptocurrencies. That's just how the crypto world works; it's kind of like gambling, but with slightly better odds if you stay updated on what's happening. Honestly, it doesn't matter much why the price dropped. The main objective is to make a profit.
Buy low, sell high.

I wouldn't be that harsh towards them, but it is true that it would be hard for those people to stay in the bitcoin world, it would not be easy to handle it all. I understand that it is not going to be easy thing to make sure that they stay in the market and not worry about it, but there are way too many people who keep worrying about it all the time.

I think it should be tough to handle it, and because of that we can't really end up with a solution that would be easy to handle. I believe the best thing to do would be making sure that we are doing a good thing in the end that benefits us on the long run. I hope that it can be something people could hold for a while and not starting selling again so that it can go up.

Was supposed to say the same thing but you beat me to it, and when I looked at the price, I knew then and there that I'm going to be spending my next payroll to buy more bitcoins, hopefully I could buy around 500 USD before the price goes up again. To relieve yourself of the stress, if you're not a trader, make sure to turn off your notifications on price alerts and make it a habit to not check the market from time to time, unnecessary stress on something that you have no control is such a disgusting thing.

Currently, not everyone is experiencing stress, although there are many people who check the price of Bitcoin in the market, because most of the people who check the market when the price is down are traders and a small portion are investors who still want to increase the amount of their portfolio before the next price increase. It happens again.

And if you still want to buy more Bitcoin with 500 USD, that would be very good for you considering that the price of Bitcoin is now below $26K with the potential for a price increase still very possible after this month. Because historically September is not a good month for Bitcoin, but this month Bitcoin could make a difference by continuing to show price improvements in the market and this will also be a more unique and new history for Bitcoin.

You understood me rightly. It is not all about the price volatility but also to ensure the security of your coins. You cannot invest and the investment is under your custody and you will not care about it. This can only happen in the fix deposit account of banks and not for an investment under your control.
In as much as we are in the cryptocurrency market, whether we are day trading, future trading, mining or holding, whenever there is price change, everyone will be interested to know why and how.

Always going through the price of the market is not even necessary as an investor if not panning to accumulate bitcoin when the market gets down. Beginners are supposed to know the market is always not stable , it goes up and down.  When the price of bitcoin  go down it is opportunity to accumulate bitcoin and doesn't mean the price of  bitcoin will  remain the same without coming,  if their must be down in price their must be also rise in the Market.  Fall of price is a common thing that will always take part in the market, their is no point to get panic when the  market goes down.

Perhaps it was a common thing but some people hardly understand the situation and even think that every price fall is a sign of more falls to come which makes them panic and upload their coins. It was definitely wrong but some people stance their wrong insights until such time they will find it by themselves that they are wrong. Sadly, some people need to commit big mistakes before knowing that it is a wrong decision.
Well, anyway, it was been told that experience is a great source of learning and this is really what happens to most of us.

Each person does have their own level when it comes to emotion handling or tolerance on which means that some might be able to have that kind of control and some wont really be able to do such thing but instead

they do become that impulsive if ever these things do happen.Most of the time which it cant really be avoided for you not to have some peek on the price specially if you do make out some significant amount of
money that you had invested which it cant really be able to remove into yourself on having not to check on what the market condition would be. Its not really that bad on doing so but there are people who would really be that totally impulsive on the time that they do make out some checks and eventually be ending up on making up some actions which its not really that totally a right thing to be done.

Just like the rest been saying that not all would really be good on making out such control towards themselves on which there are ones who do have that kind of handling and discipline towards themselves
and there are ones who cant really be just that able to stop on doing such alteration of their earlier decisions that had already been made and fixed earlier. It does really vary because
not all would really be that having that good self control.

Knowledge is the power to thrive in every setting and there's no way a cryptocurrency investor will take his/her eyes off the market price but when quality knowledge about the market's 4years cycle built up, the market falling price will be seen as a blessing instead of counting it as a disaster which is the technically the reason why some people make lost despite prioritized their investment in BTC.

Old investors never panic's even to a large dip. As you said, dips are opportunities but maybe they can panic once the price rises because they know that many people are also rushing to sell. Maybe not all newbies are panicky because I think some newbies are well briefed by the people that encouraged them to join here.

There also who join alone and knows how to do their own research. If the price goes up, the demand is not maintained anymore but it slowly decaying. To be stressful is not good but it's also not wrong to take advantage of the price manipulations. And there can be signs to know if they are going to occur or not. We need to take note of it so that we are early.

Some people may have changed their long-term plans to profit from a few percent of short-term volatility. This makes it difficult for Bitcoin to maintain its value and this certainly sounds unpleasant. Of course I don't mind that strategy, but it's best to ignore short-term volatility if you have a long-term plan.

Current market conditions can be used for accumulation, but still maintain other strategies such as DCA. I believe the market will recover soon despite bitcoin's difficulty breaking through its resistance, but this will change soon.

Everything could change instantly along the way on which if you do able to make yourself that able to go from long term to short term or would be both and it would be according into your own preference by making

those kind of adjustments. We know that it wont really be that totally shocking if ever traders would be making out such step for them to be able to take advantage or whatsoever in terms of profit making.
Just like been said that human beings are naturally that impulsive when it comes on losing money which it is really just that normal specially dealing on a place where it is really that volatile.
Watching out the market condition on very active manner does really give out that kind of impression or feeling that you would be needing to act fast or else you would be missing out the market.

Opportunities and dangers are really that something common you would really be facing on. You would really be that minding on how to make out adjustments
basing up with your own experience and knowledge on things.

One thing about volatility; that's the true character of crypto trading. Nothing can stop this volatility as long as trading is not controlled – so it will be both profitable and detrimental for whoever the market participant is.

Volatility is common in trading - but it influences many people's investment decisions. After all, if this is all about bitcoin – then you should all realize that we are just in a cycle that may not be profitable, but it will turn into another cycle when the time comes. Keep your feet straight - the waves can sometimes be bigger than the boat, but rest assured it will work. That's how optimism is maintained.

Theres really no set schedule to its moves, just because halvening is sometime in future we dont have to move in any direction particularly.   Everything before that event is speculation and afterwards yes some tightening.   We have no requirement but there is a presumption of a positive move, mostly I had this whole year chalked down to consolidation which is just where we compact the ground before even building on it.   Mostly we revise prices, we  build volume and in sum total even if slightly we gain enough assurance in this area to gain positive movement only in future.  Mostly thats how I view 2023 though I'd still call this positive and we actually moved out of the 2022 shadow, that was a large amount of momentum downwards so just now continual gratitude should be our correct attitude this whole year imo, patience pays :)
  So in last months we move slowly but suddenly a fast break in either direction, this seems to have then reversed and we dont end up moving past 200 day average or whatever we hoped.  A nice positive move does need to set and prove solid, we cant say that so much after market has checked back its not held in revision hence we do find BTC repeats.   Mostly its sideways, the side of the box or boundary we are in on a short term basis is really quite tight about 25.6k to 26.1k and if we can move past either be more positive or looking for some action at that point.

I have been around for a long time and I can say that I have seen worse crashes and this doesn't phase me at all. This is normal and people should not be overreacting to it as much as they are doing right now. I get that it is not that simple and we should be considering that as a deal, but as long as it exists, we shouldn't really be making a big deal out of it.

I get that life is not that simple and we could see it change sometime soon but as long as we trust it, we are going to end up with a great profit eventually. Just give it some time, it should exist and I think it would be a lot better for the long term. I get that it would be good, and I get that it would be simple, just hold it and you will get there in time.

I'm looking for a way to explain what you're saying to the masses. The vast majority of people only know bitcoin in name only and perceive it as some kind of quick money making. Very few people understand the halving times and the dynamics of crypto markets. As the Bitcoin Forum community, we need to tell people about Bitcoin everywhere and all the time. Regardless of the price of Bitcoin, we need to tell people that crypto will lead the change of the monetary system rather than being a get rich quick tool. We should talk about how blockchain technology will simplify many institutions and systems. In short, we should not just see Bitcoin as a tool for buying and selling, for making money. This is what a revolution requires.

ok. I believe by now, everyone who's a user of the internet ought to know that in the future Blockchain will be a great tool for almost all institutions and systems.
Also believe that ever since world celebrities are coming out to tell the world that they invested in Bitcoin and institutional investment organizations saying their valuable shareholders are showing huge interest in BTC I believe it's easy for everyone reasonable person to know that BTC is already changing the monetary system.

It would be if they took the time to investigate this market a little bit, but even such a small task is too much to ask for a great deal of people out there, so they invest in this market not because they think bitcoin has superior characteristics than fiat, or because they believe on the long term future of bitcoin, they simply want to make money, and while that is a valid approach, it is likely such a person will not be able to deal with the volatility of this market when the only thing that they care about is the money they can make.

you posted when the price drops hard to 25k , so for me this is encouraging .
this is actually a good way to invest more, no matter what even if the price increase tomorrow yet we are talking here till next year as we believe that there are more dropping to come.
but accumulating now will save you from deciding in the future.
as long as you have money? invest right away, dont listen to those who said
that you need to wait for the fall before buying because the truth is there are no certain time
and don't know when that to happen.

I don't believe one should be very concerned about the price of bitcoin if they have already decided to invest. You'll be discouraged from moving forward with the investment if you think about your investment frequently. In order to be confident and focus on other things, you must first prepare your mind and body to handle any probable price swings resulting from market activity during investment and while holding these coins. Particularly when it's money you've worked so hard to earn, money is really difficult to lose or risk in an investment. But as the proverb goes, "no risk without gain" should serve as a watchword and motivator in this circumstance.

Dedication would be the key but since we are humans which are highly emotional beings then it would really be not shocking that there would be some potential alterations of your earlier decisions
on the time that you would be encountering things such as price fall then it cant really be avoided that you would really be having that kind of reaction on which you should cut loss or not.
Experience would be the border line on which you would really be holding up your position or not. It would really be totally varying since not all people would really be that mindful about their targets or goals on which they would really be focusing that much on the current market condition. If you are noob and doesnt really get used to market conditions or simply with volatility then you are really that prone into lots of mistakes and errors just because you dont really have the idea that the market could simply make out some recovery after wards. Always put up into your mind that the market couldn't really just that having a single path to take and this is why if there's a fall then there's always a recovery and this is why its important that you should assess things accordingly.

Not realizing how important this is, could lead to a lot of losses. There are tons of people who end up with a wrong situation and all of them are making a big mistake. You should be careful with what you do and if you do the right thing then you are going to end up with a good return but if you are not careful then you are going to be very upset eventually. I think its quite important to make a big deal out of this since that could result with you making a profit if you just ignore the price for a while. I still see people who check the price every 5 minutes and you are not going to be making any profit like that, you should be ignoring the price and just hold for long term.

If you have invested in Bitcoin, you should not have any expectations from the price in the short term. Constantly looking at the price will tire you out and cause you to fall into a mentally difficult situation.

There will always be ups and downs in the crypto market. This is the normal functioning of the market. At the same time, it provides market progress in this way. There's no point in stressing yourself out by constantly looking at price movements.

As you say, sometimes you have to ignore the price. Ignoring price can sometimes prevent us from selling crypto at the wrong time.

If we have determined bitcoin as a long term investment and only sell when it makes a new ATH, then daily price checking would be stressful and exhausting, I can say I've been in that situation. But we should only limit and not ignore checking prices, because sometimes if we want to accumulate more, checking prices is also beneficial. Having the opportunity to buy at a lower price is what everyone wants because it will give us a higher profit. Don't check the price often but don't miss it every time you want to accumulate more bitcoins.

Oh, they simply think about today and tomorrow but never think about the future and the long-term impact. But those who see it will be able to trust and despite the crashing situation, they invest more because of what is in their mind because this could help them achieve their goals. 
But because of the volatility of the market, we can't make all people think the same and remain positive during price corrections. Yes, many people still don't understand and remain doubtful about the future of Bitcoin.

Totally stressful and something that would really be leading in making your earlier decisions would really be that changed if ever you are really that too active on checking out prices which its not that recommendable specially on a bear market or consolidation. Lets say that even if you are been here on this market for years or simply being veteran but it cant really be just avoided sometimes for you to have
those kind of emotions or reactions on which you would really be somewhat panicking on what you should gonna do whether you should be still holding into your position or not.

This is why on the time that the market is red, then i dont really see nor check the charts very often specially i do know deep inside that i had bought or entered on much higher price and on this way
then you would really be able to avoid on making out some bad decisions just because you would really be having other thoughts on the time that you do see  those current prices. This is why it would
really be that recommended that you should really be that mindful about your actions and sticking up with plan. Well having some other decisions wont be bad but if its not really that needed or having
no sense on doing so then better avoid as much as you could.

Short-termism in bitcoin is not the solution to profitability it is just more appropriate in futures trading. We are here is a long-term investment if you have started from a few months ago or a few years ago then keep it of course when you continue to see the price will affect your psychologist it could be that this will be depressed because it continues to think about prices that have not risen in the last 6 months.

Many people often ignore it, if you are still from one using DCA then it doesn't matter because it will continue to be bought at any price but don't get your hopes up and for me ignore it is a good solution not to get caught up in the panic of falling prices.

There's no doubt about and I believe 95% of all Bitcoin investors join because of profit-making which is not something bad. The only bad thing is not researching it while only focusing on money making aspect of it because every knowledgeable will know that there's always a price to pay for every investment in other to flourish and the only way to go far is by learning how the system works.

If you are old in this market, you already know that these crashes near the pre and post bitcoin halving are temporary and the price will move up in the mid to long term. But for a new investor, who recently invested in bitcoin, these crashes could be a reason to sell of their bitcoin to save their capital. They do not see the long term picture and later when bitcoin again pumps, they start to regret it.

We, the experienced ones, know that whales and institutions move the Bitcoin price down in order for them to accumulate more. But at the same time, they also do this in order to eliminate the weak hands and keep them out before entering the real bull phase.

Depends on why you are checking it. If you are checking and selling at the smallest of drops then you shouldn't be checking, a friend of mine was like that and lost all his investment, well of course he had a little investment to bitcoin, he had investments in other stuff, but that should have been important.

I think it is going to be something that would be beneficial if you check it to buy some more, that's the way you should be approaching this and if you are careful about it then you could make some profit without a doubt. I know that people are not going to be super happy about it, but that's the definite thing that we should be caring about and we should be doing something that will benefit the world for sure.

Given the fact that I am not a newbie to the bitcoin market and understand what bitcoin is and how it operates, the price drop will just give me more confidence and optimism to acquire more bitcoin. If I were an investor with a large number of holdings, I would be disheartened by the market's drop in price.

However, if I were a wise investor, I would utilise this chance to buy more bitcoin to add to my savings, buying at a lower price than what I purchased initially (Dollar Cost Averaging). Every market movement has advantages and disadvantages; just know which one best suits you for the reason you're here.

And I agree with you, as there is no person on this earth that would not like to make some additional money with relative ease, however the issue is the lack of interest to learn more about the market in which those people are about to invest, as this has happened already many times over and one clear example of this was the dot com bubble, in which a lot of small companies, similar to the shitcoins of these days, were created with all kind of vague concepts and eventually all disappeared, and only those which had a strong business model survived and made money to their investors.

And with this then you should really be careful since concept is really just really that the same if we do compare it out with those traditional business models and investment that ever existed on which it would really

be just that a normal approach that you would really that serious on trying to find for some opportunities and if you do spot on something which does have that potential then you would be of course be interested
and on the time that you do make out investment and make out actions accordingly then it would really be just that normal that you had already been aware of the risks of such investment.
Doesnt matter if we do speak about crypto or those traditional businesses which they do always share up with the basic concept and aims on what people been trying out to achieve.

Being an investor isnt really that something you will really be able to avoid to look on what are your investment conditions specially on the market which you would really be peeking
on hows it doing. If ever you do see that its on negative then you do know on whats next, which neither you would be cutting losses or would be holding up your position which it would really vary
on each individual though.

People who have been around for quite some time already understand any kind of market condition whether it's crashing, dipping, going up quickly, or whatever else because it won't be the first time for them and they have already seen such things happening and that is the reason why they stay confident in such market conditions. However, those who are new in the market and have made investments right before the dip or the crash, won't have the same feelings.

Most people who panic or start overreacting when the market starts crashing or dipping are newbie investors because they don't know much about the market and how volatile the cryptocurrencies are, so when they see their portfolio losing value, they start thinking that they are losing money.

Experience does matter and this what differs for these old timers compared to those new ones which they are already aware on what kind of market that they are facing and whenever there are some

movements then they cant really just that too highly reactive and getting already used to it because thats how it behaves.Important thing is that they had made out their positions earlier on which it might be ending up a good call for them to make profits but of course it would really be entirely be depending whether  you had made out a good entry or not. Skills on trading does vary on each person because not all would really be sharing up with their decisions when it comes to this. A market could really be only having that two path to take which is up and down just like on whats been said or even just making use of your common sense. You would really be needing to make yourself choose whether it would really be heading up or down on next minute or varying on what kind of trading
behavior you do have. Experience would be always the key on here!

That's correct but also we have old investors who panic or start overreacting when the market is experiencing a correction and that's always because they invested too much into the market and now they can't stand the loss they'll experience if the market keeps correcting and they're not out of their market ywt. Many individual still invest more than they can't afford to lose and this is a wrong way of investing as they'll regret the decision in bear market.

If you invested only your spare money, you can always take your eyes off the market as you won't be scared if the market is dipping because you know the market will recover and if they market doesn't recover, you can let go of the money that you invested because it wasn't much.

This is common with people. If something is always bullish, then it isn't real growth. Not everyone understands it. Price correction and market fluctuations were part of real growth. When a person have got the ability to hold, then he should continue to accumulate as much possible than just fearing to the market crash. It is something proven that you hold you'll surely profit.

As said, when the spare money is invested people won't be taking it seriously. When the money invested is out of regular needs, surely there'll be expectation and calculation of profit. This could be disappointing, but with every form of investment it takes time to profit out of the capital.

Yeah, I do agree, but it's seldom to see a experienced investors suddenly snap and sell his stash of bitcoin because the price in the market is free falling. I do agree that in the beginning, newbies will tend to sell and have short emotions and panic because they don't like what they are seeing. But if they have learned their lessons enough, I think they will be good in the long run and not sell and then regret their decision.


Yes, invest what you can afford to lose. But there are investors, not all of them though, wanted to take a big risk and just invest the money they all have right now and worry about later how they are going to go on. And that's why we heard them complaining and then just sell off everything and not coming back in the market. But they did make a mistake and hopefully for those, it's not to late to comeback again and re-invest and then uses the experience they've learn from the past to not make the same mistakes.

The current price of bitcoin should not be a barrier or a discourage to someone who is investing in bitcoin, because its very obvious that theirs no specific time for someone to invest in bitcoin, if you want to invest with bitcoin you can invest at any point in time, and I believe that cryptocurrency investment is something I know quite well, that the investment of Bitcoin if you have funds you can as well invest, because concentrating on the price of bitcoin now you will get discouraged especially a new person in cryptocurrency, so therefore bitcoin investment should be done with target and your budget irrespective the value of bitcoin.

Actually a lot of people entered into Bitcoin without much knowledge of how it works and what drives the market. I have seen quite a lot of such people who panic at every given opportunity. Of a truth, the first step every investor should take is to seek the relevant knowledge needed to be able to handle various market conditions. There was a time I also panicked like that but I learnt to handle my emotions with time...I learnt that from this forum by following people who have been there before.

This concept of "spared money" is what I don't really understand because a good proportion of human population do not have money they can throw away. Besides, why can't I invest some percentage of my capital in something I believe in? Why should I wait till I have spared money before buying Bitcoin? I feel we should rather encourage people to invest wisely and not encourage them to wait till they have spared money which might not actually come.

Whenever there is decline in price, it serves to be a panic factor. To avoid such situation it is always good to stay away from watching the market. When we get into something new, we should have the eagerness to keep ourselves in a better position knowing everything associated with it. Through this it is possible to understand the real market and prepare ourselves than just losing due to panic waves.

Remember; you'd only lose once you choose to sell or cur rhe losses. Unfortunately ir is strugglinf at $25k market value due to many possible reasons affecting the market. On my end ofcourse I am happy with this opportunity to invest but also worried with my existing holdings only to when will rge market price recover. However, I'd choose holding until recovery take over this market which is possible this month. As we can see, the market price of it is down for more rhan a month already and buying pressure forms below $25k. Some are saying that its value could fall as low as $20k due to the cme gap around that price point. But bottomline is no one has the assurance so better to juat take a position you could endure whatever will happen in this market.

It is normal for investors or traders to feel insecure because the price of Bitcoin fluctuates greatly, but if that feeling overpowers your confidence in investing in Bitcoin, you have made a big mistake. look again at the history of bitcoin prices in the few years ago, the price of bitcoin will never be stable, maybe now the price is $25k but believe me in the future the price could be at $100k/btc. Apart from that, the FUD against Bitcoin will continue, just ignore it!!

It is necessary to have knowledge on what we're getting into so that we can understand what's happening and would not wonder on why the price is declining. But the problem to some investors are they didn't take time to learn before investing and just blindly invest without even a basic knowledge about it. These investors are those who often panic when the market is in bearish so they just sell at loss before the price goes down further because they think that's the best decision during this time.

Bear season is inevitable but this won't stay forever. So for newbies, stop worrying because as long as you're holding Bitcoin and established coins. The time will come it will bounce back once the bear season is over.

Lets take for example on what happened recently about the price which it did really dropped down to $25k, so lots of anticipations that this strong support would really be having that breakout which it might cause

for more dip but we are wrong once again.It did make some bounce as of this moment on which its price is playing around $26100+ which for those people who did make some long position then for sure
they did make some profit in very short time and im one of those.  :D. Once the price do hit up a strong support then there's only 2 things might happen whether theres a breakout or would really be having that rejection which is something that you would really be needing to take risks if you do have plans on taking advantage with that kind of possible entry point.

If you do keep on watching the price and you are really that going for long term then it isnt really that much of an issue or something that you must do. Better DCA when you do have the funds
and looking into the market price which is really that decreasing on which you could really take advantage with that movement and something that you could really be able to make money
if done right.

wrong , who says it comfirmly about the price to reach or stays that level?35k? I don't think anyone can predict that as we are near halving next year in which proven
to be the saddest days of market before the Bullying happened.
have seen this twice and yes I know it will happen again this year.
while you are calling for newbies , indeed that your advise must be taken into consideration but for
old timer? i believe that they already  knew this coiming .

This price is not bad up till now in my opinion because bitcoin has dumped more than this before and we still survived it, so the actual price of bitcoin is still okay up till now for people that want to invest. The fact that the bitcoin price has dumped more than it is now and we still don’t have issues with what has been invested by that time shows that even right now the price is okay, we don't need to fear, and if there are funds, we can still buy more. I won’t say the price is discouraging since we all believe that the bitcoin price will rise more than everyone is expecting. For investors, anyone who has knowledge of the bitcoin market knows that this is not a big deal, and I believe some of them will still take advantage of the market to purchase more of it.



This will be for new investors that still lack knowledge of how the bitcoin market fluctuates, because as we are expecting something big, most investors knew this would happen in the market, even though the market for bitcoin is unpredictable. If you look at how the market has been going a few months ago, you will understand we will have a dump before the market rises again. And if we all take this into consideration, then definitely some people will regret their decision because they will lose funds, but as we are saying, if they have patience, anything that goes around must come around.


Investors don’t have a problem with the amount of bitcoin right now as they most of them know how it works, and any investor who is panicking because of the dumping will either have invested the amount he cannot afford to lose or something similar to that, as we are all expecting the price to go higher, and this is not the first time in which the market is declining; we need to consider that also.

The dip and pump is the crucial properties of crypto industry therefore it cannot be same all the time so if you are happy during Bull run then also be happy during bear run as you can pile up more asset if you try to secure profit so always put it in your minds that everything happens for particular cause.

Your time will not waste if you wait during bear market and become a part of some other job which will consume your precious time in order to give you maximum amount of payback.

If you sell your asset due to panic then you will be in great loss which should he circumvent and new ideas should be utilize to escape your money from losing.

This can't apply to every coin, as we've seen multiple examples of coins never recovering. That's a loss; holding on forever, hoping it'd recover, doesn't do much. Bitcoin is a completely different story, but even then, Bitcoin has gone through some large periods of bear market that would even make the toughest sell.
No, it shouldn't; the price isn't that bad; to be honest, judging by the general financial condition, I'd expect it to be way worse. It's reasonable for investors to panic, but as someone who has suffered a few bear markets in my lifetime, I'm not too concerned. Personally, it's about $2,000 away from my current DCA price, so I'm hardly at a loss. The current price should encourage more purchases; it's approximately 1/3 of its ATH, and you're open to great opportunities even if you purchase now.

Some of them have a strong mentality and this is based on the many experiences they have had in previous years. So they will not change their beliefs in the slightest even though the market situation is going down drastically, but they consider that the downturn is the moment to buy again and keep buying. It's just that some of them who are depressed about certain things will do something stupid in a situation like this.

I won't even call them beginners or seniors because a bad decision can be made by senior or beginner investors. So I believe that those who are not strong enough to hold on when the market turns red are based on their mentality not being strong enough for that situation. Losses are always obvious but they keep doing it and that's a bad thing to avoid in Bitcoin investment.

The current price of bitcoin might appears to be a disappointment to those who plan on selling at the end of every given month, either as a result of buying from last dip market and they expected the price to spark all high in the coming month, but the market happens to do the opposite keeping them on the disappointment line.

But those who are using DCA strategies to run the system as they are focused on their buying more than when to sell, will see the current market as a added advantage to their buying.

But to me I see the market as a normal something which we do experiences every given time m, given the price movement of bitcoin when this thread was created as of August’s, their was really a rough season, but that does not mean it will break someone who is devoted to accumulating, it was only a price drop and not a lost of bitcoin, a holders 1 bitcoin still remains 1 bitcoin the only thing that changed was the price per bitcoin and nothing more, which is not enough realm to break my trust on the digital asset or even change my mind from buying.

Market price is not that perfect reflection of all things, it can be totally wrong.  Kinda funny we have to write this down and think a little while to realize of course thats true.  The price will be too expensive and sometimes too cheap, opinions will vary.    Its one of those things, people will sell purely because the price went down sometimes like during the pandemic that was enough to shake anyone's hold on their BTC.  It was a rollercoaster sheer drop on one particular day then it reversed and that was the bottom.   Simplest modifier to that thinking might be to consider volume, 1 person selling at 20k now isnt really bearish.    Price is the label on the item, its not the item :p

Is it like ups and downs situation where it goes up and comes down? If that's the case I think from all these crazy movement I think investors shouldn't panic better still they should act like is nothing, like they now know what will follow next.
Like you said Bitcoin price is unpredictable and if it goes up investors should expect it to come down the next time, not easy to follow but the question is can they keep track of the positive and negative movement of Bitcoin price?




For an investor to start panicking then he hasn't seen the worse of Bitcoin price, either he/she is new to it or is just that lack of patience. Definitely what goes up must surely come down and in Bitcoin price as far as I know ones it comes down it won't stay down for a long period of time. So I expected investors to know when to hold and not to.
Since they're expecting something that would turn everything around come next year I just wish they could keep that hope of seeing the next bull come to pass, but as for me this year is still promising.

I will not give up in my holding, because I know very soon investors will begin to experience massive pumping from the market that will make investors to hold until that particular price they want to see before they can sell their coins appear in the market before they can sell to make a passive income. If you look at the current price very well, you will discover that the bullish season will definitely show up before the end of this year, and you can still make some income if you invested in a potential coins. Nothing will make me to be distracted in this current price situation where all eyes is in the market just because of the year that is coming to an end in few months time and people need to start arranging one or two things that will make the family happy.

I  see the price down like an oportunity to buy bicoin with discount.

Stack every satoshi that you can.

Regards!

As sort of experienced Bitcoiner (I don't like to brag about it), I always suggest young people or new Bitcoin investors be patient and never ever expect Bitcoin to make you thousands of dollars so quickly at this point. But, obviously, market price is cheap now. But this is also complicated. Price has room to go below these levels for sure because there is certain lack of demand from whales, big established investors. So being cautious is the best thing to do.

The hardest and most difficult part to explain about being a long term bitcoiner is the fact that I am not wealthy at all, I am not even rich, and by many high priced western nations I could be even considered poor, not so much in my nation of course.

So when you say you are a veteran, people ask why you are not rich, I have been here for 10 years, and I have made a lot of money and never worked in an office for the past 7 or so years, made all my income from bitcoin, that should be enough, but they expect someone who has been here for 10 years to be at least a millionaire if not more. So, it is really not something that matters all that much, but I do agree with what you said, and I think all the veteran bitcoiners would agree to that.

Normally, investors who know how the market has been moving for the past few months will definitely not give up and will also use the opportunity to buy more satoshi. However, anyone who has accumulated some bitcoins should hold on to the investment. The time to sell is coming, which I believe everybody will live to witness and benefit from. I believe even if someone is new to the investment, they need to know that the market is not favourable to selling their bitcoin at the moment, so I will advise these people to keep holding their coins. If they have funds, they should even invest more if they can leave it there and take the risk because, obviously, the time will soon come.

We can all just be speculating on the price, so even if you are here in the market for so long, it's hard to see where it will go in the future. For the past few months or at least half of the year though, the price is moving sideways, so this might be the trend up to the end of the year. So there's no need to sell it, look at the long term. Next year will be halving time, and with that, it will be the catalyst for a bull run in 2024-2025. So everyone is going to excited that we should just keep moving and not bother by the price. And on the contrary, smart investors are accumulating. Even us average joe players and retail investors can learn from them. By also saving a lot with our small capital in at least in the next six months or so in preparation for the halving.

Being here on this market for long or for how many years doesnt really give out that guarantees that you could really be able to know on where prices could possibly be going. You would really be always be having that kind
of question on where it would really be possibly be going on which this market is always been that unpredictable and there's no way that you could really be able to know on where prices would be going no matter
how experienced or old you are here on this market. This is why there are really people who would really be having that kind of impulsive reactions on the time that they would really be seeing some crashes. There
would really be people or investors who would really be cutting losses due to the fact that they are really that having the feeling of panic. It cant really be that denied that there are really moments that we do
feel up that way even how experienced you are. There are really times that fear and doubt would really be crawling into our skin and would really be that potentially be affecting our earlier plans and analysis.

if you do find yourself that being impulsive then it would really be just much better that you should refrain or limiting yourself on checking out prices every now and then because
this would really be triggering out that kind of emotion which would causing out on alterting your earlier plans.

Having this intention is important to establish yourself in a good position in the Bitcoin market. But yes according to the current market conditions every dump gives crypto investors an opportunity to increase their holdings. There are many investors like you who are thinking the same way and are accumulating bitcoins in preparation for the next bull market.

If you can take any decision according to the market situation, it is possible to take the best opportunity from the market, so this decision of yours will give you some big returns during the next bull market.

When bitcoin price falls its when investors do have opportunities to make profit in the market except someone that does not know that drops of bitcoin price is an opportunity that someone can use and get more of profit when it buy and keep for ongoing time and especially when the price of bitcoin goes up, the people that doesn't invest in bitcoin when the price is falling is new people that doesn't know that price of rising is for advantages for investors, bitcoin investment is good to invest when you know the time to invest,  sometimes new investors like to invest when the price of is rising and it pushed to buy the time the price is rising but that time is not the best to buy bitcoin

When the Bitcoin price goes down, some traders create an environment in the crypto market that creates fear among small new investors, which makes them unable to take advantage even when the Bitcoin price continues to go down. Crypto investors need to develop the mindset that the right time to buy Bitcoin is not when the market is moving up to extreme levels of volatility, the right time to buy Bitcoin is when the Bitcoin price is falling, which will bring profits to the trader in the next few days.

So those who can understand the market movement and catch the market momentum at the right time can actually stay in the market. Because not everyone can take it as a good opportunity when the market gives an opportunity, rather some investors start panic selling when the market starts to dump.

Individual who are constantly monitoring the market are either inexperienced investors or those set of individual that invested more than they'll be willing to lose in the market. If you're among the second set of investors then you need to sell some parts of the Bitcoin that you hold so you have have peace of mind when the market is dumping. You should not also be panicking because Bitcoin price doesn't fall forever, the price of Bitcoin will rise again so we need to have patience.

With experiment we'll be comfortable with the price of Bitcoin dumping because it won't be the first time we'll be experiencing that but also know that the price will rise back. We'll see the fall of the price of Bitcoin as an opportunity to buy more Bitcoin instead of selling.

So mostly they are what we call newbie investors, and I think we can't blame for their constantly checking the prices. And I might say that once when we started here, this is what the majority here, watch the prices and see how it affects our investors. So we can also attest that it is the norm and nothing is wrong with that. However, maybe as little as a year here, we should by now has some experience under our belt. And the more we stay here, the more we stay away from seeing the price unless there is some kind of major news.


Yes, again as I have explained earlier, we will get all of this from our first year experienced. And the moving forward, when we see the bigger picture, or at least seen a bullrun and bear market, so we can strategized as to what we should do next and when to sell and when to accumulate.

There are so many people who are forgetting that, it's simple and you just need to buy it when it goes down. The simple statement of "buy low, sell high" is still very true and has been true for every market. Of course you need to be careful about what you are buying, I am talking about bitcoin here and not some small low cap token, that could be lower and then keep going lower as well so you shouldn't be really expecting any changes at any time soon.

I know that it is going to end up with something that should not be easy to handle, and we could end up with a better result if we know what we are doing. So pick bitcoin when it is low, and wait for the bull run to come so you can sell higher.

For a trader to trade with market trends, trading in Bitcoin is more efficient than other lowcap altcoins. A lot of traders make losses by trading in lowcap altcoins which they could have profited from trading in Bitcoin. The market does not always give the opportunity, so it is also important for the trader to use the opportunity properly which I have learned from my trading experience. When the market starts dumping, it is considered a huge opportunity by some traders.

An experienced trader will never risk his capital, that trader knows how to follow money management. So the best time for Bitcoin traders to enter the market is when the market is going down and even experienced traders follow it well.

previously speculators always took advantage of market sentiment to try to manipulate the price of bitcoin, they said bitcoin would be worth $100k in the near future to boost investors' buying intentions but that didn't happen because investors were not fools, while professional traders worked hard to make money. profit from fluctuations in bitcoin prices, it is difficult for them to be consumed by rumors about bitcoin. 
as a wise investor, make sure you have a mature long-term plan for bitcoin, don't let price volatility affect your long-term investment plan, be sure bitcoin will make a new ATH in the future.

Heres my long term chart for BTC mostly including this year and the recovery within that point of view.  I never keep just one chart because there can be a variety of views across the world especially in BTC because it has no one single point of entry or exit or trading its all nations and that means a massively diverse range of views and sentiment in the price.
https://talkimg.com/images/2023/10/01/P1Oiv.png

I do think we are bullish and the recent low matches prior action where we recovered.  Mostly obviously we dont want to really loose those Feb peaks of this year as that would seriously challenge the positive meta for quite a few I think.   Another provider giving different volume, a different exchange probably would be to confirm confidence of the move.
  Points of note is the blue line is year average, a good swing above that however long term this pricing is especially negative as shown by our continued trade below 200 week moving average and thats not normal.   We did move back above the 50 day MA recently which is something we want to maintain for more positive action.  All time frames relate to each other in varying gearing.

Whenever there are some breakouts or really that having those kind of drastic changes which do fucked up those technical indicators then this is the main reason on why it do really messes up our initial analysis and

this is something that i dont like on this market but well there's nothing we can do on here but needing to adapt on whatever things needs to be done because if you do find yourself that being that impulsive
or easily panic then you cant really be able to assess the situation on which it might really be leading into that wrong decisions or whatever steps that you would really be making. Now we do have that bullish
impression on which seeing that most coins in the market are really taking up the green path but it seems this one couldn't really be able to last or sustain unless if there would be some
positive sentiments or events or news that would fuel out the market then it is possible that we might be seeing that real recovery.

So far we are stagnant again on which its not really that surprising anymore on what are are currently seeing as of this moment. This what makes you hinder whether you would be taking
more some entries or would really be just waiting a bit more.

The presence of spot exchanges certainly makes it easier for us to buy according to target, when the market has been sluggish since 2021, I have several times set low prices to buy and set high prices when selling, as long as we are patient then the price we buy or sell will be obtained, and currently I have a selling price of $35k and hopefully that will happen this month.

We know that this market is really that composed off with those people whose are really that experienced and to those who are complete noobs on which on the time that it would really be taking up
some downward movement or having those crashes then noobs would really be having that normal reaction that they would really be in panic and selling out their holdings even if they are really that
in negative on which it is really just that a common act on where people do really have that kind of impression but for those who do have that experience towards market behavior then of course they would really
be mainly thinking that it is really that an opportunity for you to get in or make that entry considering that the price is really that somewhat cheaper than on earlier and knowing that the market would
really be always having that kind of recovery then there's no way that you could really be that having in negative on the time that market goes upward. If you do find yourself that too impulsive when it
comes to market conditions and something like this then you do better take off on seeing the market that too actively or more often.

I don't feel too much volatility if the price of Bitcoin goes down, because I think it's encouraging for investors that it's an opportunity for us to buy more at lower prices. It's impossible to predict any amount at this point because it's hard to tell which direction the price of Bitcoin will move.  Investors can't feel good. The most common trend among investors is that everyone wants to see the price of Bitcoin rise almost every time. But when the price of Bitcoin starts to fall, many people sell Bitcoin.  All these steps won't move you a bit when you are a long-term investor.

Looking at the market situation which looks difficult to rise, it seems like I'm not too enthusiastic about buying large amounts of bitcoin like I did in 2017 and 2018, especially with the news that more and more whales are leaving crypto, making the market very difficult to rise, of course saving in large amounts. what we can think of as missing are better things and don't stress us out if bad things happen.

The news is done on purpose to fool people like you and me into having doubts and selling coins at the bottom. It's a psychological effect on investors. But actually how do you know that the big players are leaving this market? It seems to me that now is a good opportunity to buy cheap coins.

It seems he is falling into the trap of market makers, who are creating a boring market to make weak hands gradually sell their bitcoins at the current price. If he continues to stay in the market and does not buy bitcoin at the current price, I believe he will have to buy it at a higher price when the market picks up and there is more positive news.

@Pejoh Asu, if you no longer trust bitcoin then you should leave the market instead of continuing to watch it with suspicion. Because I'm pretty sure that when bitcoin spikes, you'll rush to buy at a higher price for fear of missing the bullet train that's about to take off. If you don't buy now, you shouldn't buy at a higher price later.

Don't you see those who are profitable in 2021 after they bought Bitcoin during the price drop in 2018? Try to look at several examples and experiences from many sides so that you don't make the wrong conclusion by not taking advantage of the price drop to buy more. Because those who get large profits never experience stress even though they are hesitant to buy when the market is sluggish like now, so use the opportunities that still exist and don't believe too much in news whose truth is still very doubtful.

I also haven't found such news until now and even still think that big players like whales will continue to take advantage of this sluggish condition to gain more profits in the future, so if someone starts to believe in news that is deliberately made to fool everyone So, I think he would be very wrong if he wanted to ignore the current conditions and not buy. Because the potential for price increases in Bitcoin can still appear unexpectedly even though the influence of the news is still there today, but everyone also needs to make sure the news is true or false.

I'm sure big companies are constantly buying bitcoins when the price drops. Most likely these big players are the ones creating panic to buy more coins. This was the case in 2018 when bitcoin dropped from 6k to 3k. That's what happened in 2020 when all markets fell in one day. I guess it could happen like this before the halving. But the main thing is that in the future these players will have a lot of coins that they will sell at a much higher price than now.