Bitcoin Forum

 I overheard a discussion between two friends and one was telling the other that Bitcoin is a scam and that a lot of people preached about the halving and how people could cashout from it. The other friend was trying to convince him to continue holding his asset but he refused and replied that nothing would stop him from selling the coins he's holding.

 When I heard that man mentioned cashing out from the halving, I understood that he might know about Bitcoin but he's not properly enlightened concerning it. A lot of expectations were cut short after the halving event cause most people expected Bitcoin to set a new height of $80k but then it didn't even get close to the previous all time high and have reduced below $60k currently.

 I think people shouldn't get discourage by that, though I didn't experience other halvings cause I had zero knowledge about Bitcoin then but i think something similar have occurred before in one of the previous halving where Bitcoin price didn't go up as expected but later traced back and went up after some period, a lot of people might begin to panic and sell their coins but I still see this an opportunity to buy more Bitcoin and for those who are not opportuned to do so, holding is the best option, please correct me if you think am wrong  

Never advice anyone to invest in anything, if things go south - you will be blamed, you will lose a friend or maybe get in a life long fight with a family member.
Worst case scenario, they will go to court with you for wrong financial advice etc.

Best case scenario, the investment goes well - they will praise themself for investing and maybe you'll get a "thank you".

Even if you put "disclaimers" that they can lose everything, the anger will be as high as the hype they had when investing.

As for buying/selling opportunities, each trader has his own "strategy", less advanced ones follow others but in the end it's as good as "systems" for winning a lottery / slot machine "jackpot".
What you need to have is rules, iron rules that can't be bend like selling when certain asset goes down more than x percentage, otherwise you're just holding for your dear life on a stormy weather.

Since the price is seeing new lows after the all time high and this is just the start of a month, there is panic selling happening with the dumping and making it seem its all going bad. This is nothing new and it will happen in every bear run.

You cant stop people from saying bad and from dumping their coins at a loss during such periods. Our target is to increase our stash of coins and hence we have to buy at the low when the dropping rate aka deceleration reduces, so you will be buying at a discount from the weak hands.

Let the prices fall, make money from prediction games predicting these losses and dont fret, because cycles are the normal thing in crypto. 8)

Getting discouraged? only the newbies just joining may have a second thoughts about bitcoin market price, we have been into this for a while now, last year when Bitcoin go dip as far as $16,000 and people never loose hope, this is just a mere warming up, to create an avenue for those interested on making an investment, they could rather see this as an entry point for them to invest and wait till the same opportunity lands for more bull, what we are seeing is only preparing us for the expectations ahead, the earlier the better we understand that all we need is to hold now.

On credit score. You can use it for collateral if you want a loan.

I don't believe that at this present time people will still be lamenting that Bitcoin is a scam they don't have to take them anything to make a research So find that if Bitcoin is a scam or not because many people now is into the bitcoin markets because they have already noticed that Bitcoin is not a scam and the when you invest on it properly you will make a profit but when you don't invest on it properly you will not make a profit so that is the thing that is involved in Bitcoin.

Currently is not good for someone to be dependent to the friend in anything that deals with cryptocurrency because you can make a research with your handset and the laptop if you have any of them when you carry on your research you will find out the good and the bad that is involved all that is into a cryptocurrency, that is why they get discouraged by people concerning the price of Bitcoin because when you are not informed you will be totally deformed.

If he is not ready to follow his friend's advice then he should not blame his friend in future and the current dip is not a sign of scam but it is a correction. If bitcoin was a scam project then no one would have earned such a huge profit ever for the time of its origin.

If we are in doubt about any investment then we should not choose that platform because it is better to save our money instead of losing it due to our fear. If someone thinks that Bitcoin is a scam then don't force them to hold it because they will realize about their mistake in future when they will see another ATH.

Those who don't have patience will never have huge profit on Bitcoin.  Weak hands will sell, let them, just keep on DCA and be glad of the current discounted price of Bitcoin. 


Let him be, it is his loss, not ours.  Besides if we insist to tell them not to sell, he might get annoyed and get angry with us, so just let him do what he intended to do.  After all it is his Bitcoin so all the right to sell is on him.


Well, probably the guy is misguided by the person who introduced Bitcoin to him.  Probably the guy (the one who introduced Bitcoin) told the guy that Bitcoin market is ever increasing.  And now that the market plummet, this guy got disappointed the reason why he wanted to sell his Bitcoin holdings.


If one study the Bitcoin market history, he won't be surprised on the current price crash.  Bitcoin is highly volatile plus there are people who have huge stash that tends to influence the market by initiating sales to crash the market or buying to make it surge.  Since most of the huge trader uses Bot, any event that crosses its stop-loss will trigger liquidation and that maybe the reason of the sudden sell-off in the market.

Well thats inevitably on some people to get scared especially when they are seeing their portfolio cracking down. There will come a time that most users will understand that this is a test of emotions and should not be overstepped. Focus on building or something you knew have sense later on. Seeing red blood msrket will only give you headache focus on other stuff.

those with short-term purposes in buying BTC will panic and sell. most of them desire to make a profit as quickly as possible and get out because they probably need the money for something else. but its not very surprising anymore that in every bull run they think they could cash out every time the price spikes, this is why they are also losing money because every time the price also dips, they sell in panic.

once FED meeting is over i think those guys will also rethink of buying again. every time there is news about cut ratings or big cryoto personality imprisoned I guess there is something to Fud about.

Your friends represent 2 types of BTC-investors:
1 - Absolutely not understanding and not trying to understand the fundamental principles of bitcoin pricing, not to mention the technical aspects and capabilities of this financial asset. This category is only interested in quick and instant profits.
2 - Reverse opposite. This category may show genuine interest in technology (at least superficially).

Bitcoin is very unpredictable and, as if on purpose, doesn't live up to expectations, changing the “trajectory of his flight” in a completely opposite direction from expectations. :)

Everything would be too simple if it was enough to “buy before halving -> sell after -> take profit”. The cryptomarket knows how to arrange surprises. :)

People from 1st category panic more often and suffer losses. This is the unfortunate fate of quick, superficial investors. It seems that you are from the 2nd and therefore maintain your composure and accumulate bitcoinsold by the 1st category of investors. Anyone here will tell you that you are great. :)

We don't have any control over the current price market of what will be the price of BTC. There is a dark pool of known companies or big traders who privately trade on the crypto market where no one knows if someone in the dark pool is selling a large amount of BTC or buying.
Right now if we see bearish price movement about BTC we can't control anyone who wants to sell their holdings it's the nature of newbies who do not know the risks of crypto I have experienced too that they said BTC is a scam but the fact is I didn't invite them to invest I just let them know about what is bitcoin and how it works.

There's nothing we can do to those who don't believe let them experience some regret once the price of Bitcoin rises again near ATH or reach a new ATH.

I am sorry to tell you that your friend will soon regret selling his Bitcoin. This is a time of fear and those with weak hands will quickly give up their Bitcoin, which the whales will happily swallow.

This happens in every cycle, especially with those who do not have much experience in the Bitcoin market and its price cycles. It is true that Bitcoin has declined currently, but it will return quickly and exceed its previous peaks, so the prize will go to those who are patient and hold on in the long term.

Anyone who is experienced and has not just rushed into investing in Bitcoin because of the fancy advertisement most people spread about it and halving should be able to understand that Bitcoin prices don't just move upward just immediately after the halving.
 
For the guy with whom you overheard their discussion, expecting Bitcoin to reach $80,000 just after halving is a clear indication that they don't even know how halving and market movements work.
 
Those who invested their money on bitcoin just to cash out after the halving with a large profit with what's happening right now in the market will definitely be discouraged to take such a step next time, which is why people need to study what they are investing in before rushing to conclusions. Overexpectation is what kills most newbie investors.

Newbies get discouraged because of the price fall. Experienced ones get encouraged, because of the opportunity to buy the dip. Honestly, that's exactly what I'm feeling right now. Cheap bitcoin coming out of the weak hands' wallets.

It happened in May 2020. Halving occurred in ~$9k, then for a couple of months it fluctuated in the $9k-$10k range, and then in July, it hit $12k and stayed there for two or three months, IIRC. In November it hit $15k, January $30k and the rest is history.

There are still people that will tell you they don't believe in Bitcoin and I don't blame them. they don't know what Bitcoin is all about, they have an idea of the worth and the value of Bitcoin they hold on to that mentality calling Bitcoin a scam. based on experience that the majority of them have encountered with Ponzi scheme they are using that same experience to judge Bitcoin and Bitcoin is not Ponzi,  but if they have anyone to give them an orientation about Bitcoin and they get to understand Bitcoin they won't want to leave it the only challenge they will be having is waiting for the price to go up whenever the price is down.

People are getting to understand Bitcoin more compared to before, still wondering how Bitcoin was able to get people's trust and also get them to invest even in market news you get to see news about Bitcoin. is good that anything you want to do in cryptocurrency makes your research and your own decision, bitcoin is based on information and it will be much better if you have that information.

Huge profit = Hodl ! ;)
I have a unanimous opinion about it, like you, that profit is always in front of patience. I mean, if someone doesn't have the ability patience, obviously he can get the chance to get back with a high profit. 
 
To b honest To the extent that I have knowledge about the market, I think that this time there is a much better scenario than the previous experience. Those who have seen the previous halving know that after the implementation of halving, this price dynamic decline is a grab opportunity, There should not be panic, it is best to hodl and to buy more is a wise stance in current sentiment. 
 
Experienced traders are looking for the opportunity to get a slightly discounted price of Bitcoin in the bull market. The accumulation of bitcoin is yet to be found. So don't be scared, it's nothing more than normal, they say "healthy correction is necessary for the next jump".

It’s crazy to think that in the year 2024 people still believe that bitcoin is a scam.

I just know that these people do not understand the actual concept of bitcoin that is why they say that it is a scam. I do know the dangers of scams particularly ponzi schemes however it has been well 15 years since bitcoin was launched and people still do not understand how different bitcoin is to a scam

Bitcoin is a digital asset that can be owned, bought or sold.


You are correct and if people are selling then it just means more for us  ;)

It's just a waste of time and positive thoughts to try to explain everything related to Bitcoin to such models of friends who think Bitcoin is a scam.
His understanding of Bitcoin is only about price. Only willing to accept Bitcoin when the price is increasing while when the price is decreasing, one or two reasons will be born to consider Bitcoin a fraud.

If you continue to be in a friendship environment like that, it's bad for you. If you have no other choice, confront your friend with his stupid thoughts by explaining that Bitcoin is not about 1, 2, 3, 4, 5, 6 or 7 digit prices. Still persisting in his stupidity, leave him.

Panic holders will definitely be discouraged; you can't stop them. Even they will not care about your explanation and can't convince. When they see the red candle, they think it's impossible to recover and become afraid. There will always be a few people there who become panicked by the red candle. But legends will accumulate on the dip and make money. Panic sellers buy at the top and sell at a loss. It's true that Bitcoin isn't acting well after the halving. It's normal that Bitcoin will take fuel before another pump. So the current situation is normal, and we will see another breakout soon.

By reading only these lines I can say for sure that the friend calling BTC scam is the one with lesser knowledge as he must have followed some influencer or some person who must be telling him to invest in BTC and saying that after halving you can make more than 2x or blah blah. But that person must have failed to tell him that bull runs don't start just after the halving. We should teach things specifically to the newbies so that after not getting results they won't go after you. He must be told that he should wait and he can only wait if he has enough knowledge to know the potential of BTC.

Without proper knowledge, these types of words come out of your mouths.
But I was expecting a new ATH of $100k, I don't think most of the people are expecting an ATH of $80k only. Even many people are saying in this bull run BTC will make $150k but I don't think it has that much potential now.
If you know these facts that after halving BTC price doesn't go up suddenly then you should not call your self inexperienced because you have experienced a halving and you have making decision on that knowledge.

If you arent get used to it then you would be normally be having those kind of impressions and reactions but if you are someone who do get used to into this market then you would really be seeing this as an opportunity instead of a thing that worries you. It would really be that so normal that the market would really be having corrections. We cant really be just have a market that would really be shooting up like forever when it comes into its price.

We've come to think that we did able to break its ATH before halving event on which its normal that there would really be assumptions that there would really be corrections comes at next.
This is why it would really be best that instead on panicking it would really be better to accumulate even more on which this is the wisest idea that you should really be considering.
We do have a pumping market and so as with dumping one. Instead on panicking and freaking out, it would really be just that ideal that you should really be accumulating
more before bull run would be kicking in.

As much as I want to overhear conversations like this, I let them be what the other want to do. If he wants out and wanting to sell, then he can do that on his might and no one is going to stop him from doing so. Because we're all investors here and if it doesn't make sense anymore for you as you hold and you're incurring losses and your main option is to get out then get out as no one is going to stop you even your closest friends.

It's about cutting loss or having some little profit. As the market crashes today, it makes sense if that guy will take whatever he's got and comes back again whenever he's available. Encouraging them to invest based on our feeling shouldn't be done, we can tell our sentiments and thoughts about the market but we can't dictate them what they should do when we're done telling our suggestions to them.

It's normal for people that haven't been here for so long to panic. They think that it's the end of the world when they're mostly seeing the reds in the numbers. We can't blame them for having that panicking moments because all they want is to make profit but as they wait, they need to experience these drops for them to learn on how be resilient just as how Bitcoin is.

The people who are disappointed and depressed about Bitcoin's price after the halving are the people who get all their information about Bitcoin from cryptocurrency influencers on Twitter, YouTube, TikTok, Facebook, Instagram. Anyone getting their crypto information from there will end up having the wrong information. And the wrong information is worse than no information whatsoever.Anyone selling one is doing so at a loss. This will not be the case if they sell , 13 months from now which is what it has been historically.

If this is your first halving experience towards Bitcoin and expecting that there would be a moonshot afterwards then the current condition or situation of the market proves out that it is not.
Do your own research and trying out to compare or making out some reflection on how many months did the market shoot up its price after the halving and dont make out your own dates or periods because even if
this market is unpredictable but doesnt mean that you wont really be making yourself that adaptive on whatever the things that do happen in the market and this is why it would really be always advisable
that you should really be that adaptive and be versatile on whatever the market condition would be.

Discouragement would really only happen on the time that you do find yourself been expecting for positive things but since the market is really that unpredictable then
prices would really be that totally random as always.

Let your friend make his own decisions, but show that you are glad that Bitcoin's price has fallen a little since there is still an opportunity to buy at a cheap price. Your friend will be discouraged, and later you can show him that with Bitcoin you need to have strong hands, not react to small price jumps, but, on the contrary, look for ways to buy more at such moments.

What? so someone buy Bitcoin just because they believe it can reach $80K? their expectation is really really small! the volatility in Bitcoin is high, reaching $80K is easy, it will happen either in this year or next year.

Indeed your friends have no idea about Bitcoin, if your friends only looking for small gains, why he didn't choose blue-chip stock instead.

Yes people are panicking by this sudden price drop. This only proves that these guys are the short term traders and not into Bitcoins for long. This is just a price correction I would say and this is very normal. Instead of panicking I would suggest treat this as an opportunity to buy the coins for cheap. Bitcoins will again rise in price if the demand to accumulate the coin increases. Hence don’t miss this chance and buy the coins asap.

The majority of newbie investors fall guilty of this(selling their bitcoin), each time the price of bitcoin decreases. To them, they have in mind that, bitcoin will always soar in price, it will never decrease below their invested price. The moment it does, it will begin to give them the wrong impression that bitcoin is a scam. Just because it doesn't go as they must anticipate it to go(have an increased price that will generate profits).

I learned to believe that, those that foresee bitcoin as a scam, were not properly educated on the basics of bitcoin. They were only told, to invest in bitcoin and make money without letting them know about the bitcoin volatility. You can imagine when someone has that kind of wrong perception at first, what would you think would be their reaction? To react badly, I think.

In a nutshell, let's be mindful of how we introduce bitcoin to our friends or relations because not every one of them can be able to endure their money being lost to what they have no full knowledge of.

You are right. The effect of the halving on the price isn't instant. It takes several months before the price totally absorbs the impact of the halving. It takes more than a year before an ATH is reached after the halving. Today, we're just a couple of weeks from the halving. Those who are expecting the price to skyrocket this early are too excited. They need to get back to the charts to realize they're expecting a premature ATH.

If the correction today shakes them already and pushed them to sell, then they've failed to properly prepare themselves.

A Bitcoin trader knows what is the buy price of his bitcoin and when he has to sell. If an investor decides to sell his bitcoins I will not stop him. But if he doesn't have proper knowledge about Bitcoin then I would suggest him to keep his Bitcoin. Because there are many investors who don't value the importance of holding bitcoins due to lake of his knowledge.
 
There are many ETF traders today who will never hold because they have invested too much to make short term profits. And those who are holders invest such amount of money that they can keep for a long time. So it is not possible for everyone to become a holder of Bitcoin.

Not everyone can dream by Bitcoin and those who don't try to hold bitcoin according to the potential of the future can never expect high return from Bitcoin.

I don't think it was a piece of advice but just a sort of reminder that halving couldn't save Bitcoin from a sudden drop nor it keep everyone waiting for the new ATH because whether we like it or not, it remains unpredictable and many investors will sell as the price skyrocket. In fact, we've been surprised with this as we expect more on the pump after halving, and we are wrong.

But I see the point of not encouraging people to buy especially when they are uncertain and no-how about this because you are right, these people will blame us in the end and even say we are scammers. We'd rather tell no one and just let them discover this by themselves.

It is people who does not know they fundamental ways of Bitcoin that will be discouraged for investing in Bitcoin because the price of Bitcoin getting depreciated in the market can't be one of the things that will make you to be discouraged for investing in Bitcoin the thing I know quite well is that bitcoin investment take place when the price is high and it is people who does not understand the method of investing in Bitcoin that I think that the best time to invest in Bitcoin is when the price is high why the best time to invest in Bitcoin is when the price is low so at this point that the price of Bitcoin is getting lower so I think we have to wait and cross check the movement of candlesticks if it will be continued to going down or not so if the price is something that will continue to go down then we have to wait on the purchase more of Bitcoin to accumulate in our wallet

Bitcoin itself isn't a scam, and calling it so is just a mistake based on confusing Bitcoin with other things (other crypto projects or scammers who take BTC from people).
But I also think there's no sense in convincing people to hold Bitcoin. Financial decisions are personal, and if someone feels uncertain, it makes perfect sense for those people to sell.
But yes, temporary price fluctuations aren't a strong reason to sell and don't mean anything it wrong or riskier than before with Bitcoin.

What is happening currently is just like what happened when the news that bitcoin ETF would be approved by January 10th,and before then a lot of people invested in bitcoin thinking that immediately the ETF is approved bitcoin price will skyrocket. Maybe that guy is in a rush to take profit thinking bitcoin works like ponzi scheme.

It didn't happened like that, but instead the price of bitcoin dipped for some days before it started pumping. So most people that are panicking because of the recent dip, thinks that immediately after the halving, the price of bitcoin will pump, which is where they got it wrong. The halving only triggers the bull run, so no need to worry because the bull run is on its way. Relax and hodli, if you ha e extra funds enjoy buying at the dip.

https://talkimg.com/images/2024/05/02/r3V7D.jpeg

Bitcoin has been around for more than 10 years, still calling it fraud? I think your friends have just entered the world of investment, that's why they are afraid of losing much bigger money. They only think about short-term profits. Increases and decreases in investment prices are very common, so don't panic too much about this. True investors will of course not sell their assets now, they will continue to accumulate gradually and sell their assets at the price they want.

The price of bitcoin is falling, so it's an opportunity to collect assets for the future. Learning from experience, many people waste opportunities when bitcoin goes down, so they regret it when the price of bitcoin goes up. Don't lose the opportunity to be rich in the future.

Op the fried who was eager to sell his Bitcoin does not understand Bitcoin and also he do not understand scam. If he was hodling Bitcoin for some times now and that the market price just slightly reduce  and he started to panic again to sell off his coins. That looks like hypocrite. The guy is not truthful because probably he is hidden something from his friend if how some keeps Bitcoin when it was high and selling in the low. If if was a Ponzi Scheme, he wouldn't keep his coins there until now.

And if he kept it till now, he wouldn't withdraw it because they would freezed the coins and tell him different stories to steal the coins. He has to study Bitcoin more before he can invest in Bitcoin. And panic selling is not good in Bitcoin because you missed the real track to sell. And the best way is to be patient. Even now again the market is regaining itself.

Your friend is just like this guy.

https://www.talkimg.com/images/2024/05/02/rkn3j.jpeg

This is something that has happened historically as well. I keep telling R100K community members to not be discouraged. This is just post-halving price corrections. Bitcoin achieved a new ATH a month before the halving, which is why there's been a significant dip after the halving. More importantly, the bull run doesn't happen directly after the event. It takes a few months. So, my hopes are high. You can even benefit from the dip by investing in the right high potential coins and bitcoin so your portfolio remains diverse. I have invested in a crypto firm that offers great returns and promises maximum profit when bitcin reaches 100k., so I'm in it for the long haul!

The halving was supposed to pump the price of Bitcoin but right now we are all seeing a negative outcome from that.
I don't we don't need to be too bothered about the current market because all we have to do is to make sure we are holding and that is how e can benefit from the entire crypto market. Cryptocurrency market is huge and because of the panic of not seeing a good results in the market, many investors have been selling part of their holdings to invest in other sectors.

It is crazier to think that in the year 2024 there are still people who do not know that Bitcoin exists.  Bitcoin adoption and information dissemination is still in the process to reach people that are yet to know about Bitcoin especially those who are in rural areas.


Well, there are people who were a victim of ponzi schemes and fraud company that uses Bitcoin as their "products" to entice people into investing in their company, so we cannot avoid that people who are a victim of these schemes may think that Bitcoin is a scam worst, probably they even spread their belief to their friends making these "friends"  think that Bitcoin is a scam without even knowing what Bitcoin is.  So it won't be surprising that there are still people think that Bitcoin is a scam, even in social media some known people still think Bitcoin is a ponzi scheme.

But regardless, as long as a person understand the Bitcoin market, instead of being discouraged, they will be greatly encourage to accumulate Bitcoin especially when it price drops and it happened after the halving because the Bitcoin history shows that price surge after some months of the halving event, and this is the best time to enter and reenter the market.

The guy who wants to sell reminds me that you can never lose investing in Bitcoin except you decide to sell prematurely. The problem he is having is ignorance and it will cause him to lose some money. These are the same people that will go around saying Bitcoin is a scam, meanwhile, they failed to do a proper study of the industry before investing.

These premature investors came into the Bitcoin market with the mindset that Bitcoin is a get-rich-quick scheme. The want to invest today and cash out big profit in few days. I don't think the Bitcoin space needs this kind of investors who come with this kind of orientation. We still believe that Bitcoin price will go up but nobody knows when or how. We just have to be patient and don't allow FUD to determine our decisions.

Weak hands are their own worst enemy, since the only thing they need to do to accumulate profits they may not see in other markets, while at the same time they take almost no risk on the process, is to keep holding their coins, but many of those people expected for bitcoin to present an upwards movement immediately after the halving, and this was not going to happen, since whales are really smart and they are playing with the patience of those people, knowing very well they will get desperate and sell their coins, which they can later buy for cheap.

Actually I think a lot of people get discouraged because of the current price of bitcoin. But that's not enough reason for you to get discouraged,   considering the current situation  of bitcoin yet no coin was able to overtake bitcoin, that is why bitcoin happens to be the most reliable and profiting coin in terms of investment. However I can never get discouraged no matter how the price is, I will just stick to it, reason been that I know pretty well that the future is bright, is only those people who does not understand the market very well that will get discouraged.

This period is the correction period where a lot is happening and I believe, core investors wouldn’t be panicking in any way now but rather be seeking ways to buy more and accumulate more of bitcoin and just for the record, bitcoin has already touched a new ATH even before the halving and if there is any reason to believe and trust in bit coin, should be now in the bull run market where everyone one but the newbies with proper coach or mentor  and the Learned investors should all be earning from the market at this very point.

Rather than wanting to fight the gospel, I think, it will be wise to join the moving train and make some good and rewarding profits rather than been left out because of ignorance.

This is the reason why one should not enter any investment most especially if it’s a highly volatile one like bitcoin if he is not ready financially and emotionally. Otherwise, he will only be capable of holding for a short time and when his expectations do not meet, he will end up with a decision that will most likely lose his investment.

I really wonder why people think that when Bitcoin doesn't meet their expectations, they immediately assume that Bitcoin is a scam. Moreover, they only look at the market from the halving. But what is certain is that I understand that perhaps it was due to their disappointment when they saw their portfolio drop drastically.

However, the price of Bitcoin will definitely change. I think the best way is to stay calm and think clearly. As well as providing an opportunity for the crypto market to make quite good progress. but this certainly won't be easy. be patient, once again. We can also take advantage of this opportunity very well. But indeed, it won't be that easy. still a long time.

A lot of people were really misinformed about the whole halving thing. Before the halving there were lots of stories everywhere advising prospective investors to buy bitcoin because 'immediately ' after the halving, there would be lots of profits to go home with. Many people bought bitcoins because of what they were told about the halving and right now, they are regretting buying, probably because they have invested amounts they cannot afford to lose. There is no point convincing someone who is no longer interested in Bitcoin to stay. This is why it is adviceable to always let prospective investors know that even though Bitcoin is a great investment opportunity, there are also risks attached to it. The people should be left with the decision to make by themselves if they want to take that risk or not.

The current bitcoin price should not be something that will bother anyone, we already know that bitcoin price is highly volatile, so keep holding. This is just a phase, soon we all will be smiling again.

There are lot of people who still need to study about bitcoin and the important of holding bitcoin, I know some people See's it as somewhere to make quick gain without them knowing it doesn't work that way they think. Most people just focused on the aspect of making profit from it without knowing that it requires time to hold and make gain, usually those who came with the mindset to immediate profits are the people who easily got discouraged over the price where they could get panicked and sold of the little they are holding instead of to keep accumulating as the market drop within these few days.

People that knows the value of the asset they are holding wouldn't have time to worry about the market price  rally  as it's not something new about bitcoin having.  The fear that some bitcoin investors entertain is due to their in-depth lack of knowledge about bitcoin. Any bitcoiner should know following the history of past market circles that the event of the halving doesn't mean an immediate ATH or a follow up rise in bitcoin price. It could take months or a years depending...

Been aware of this, all I do right now is buy and hodl with each price dip as the price keep rallying.

Let these people sell and eventually learn a lesson from it. For me, it’s not bad to sell your coins as long as you know already that you’ll end up at a loss. But as long as you’ll learn from your loss, that will matter the most.

Post halving events are certainly testing our patience a lot most particularly for beginners. And even if you fall from it, that’s still fine as long you will not repeat doing the same mistake again the next time you invest and hold for long term.

Not all bitcoin investors can manage their emotions when they are seeing their investments are dropping its value. And even if we are seeing them selling their coins, still they have the right to do it because it’s their money in the first place. However, if you are one of them, know that this is the best time to sell but most probably the best time to buy more bitcoin. If you are here for long term holding, then focus on it and don’t be bothered with how price correction gets worst in the market.

It is just about the profit and another problem people have when investing bitcoin is calculating and predicting when money can be made from bitcoin.  Even in thus halving,  so many people were thinking immediately after the halving the market value will be increasing so quick. After the halving the fall of bitcoin recently was a surprise to people because it was expected that after the halving their would be good profit in the market. Bitcoin is all about hodling , people should never be tired of hodling if they really want to make profit in bitcoin because it is only through hodling profit can be gained.

Those who thought of instant profit immediately after halving doesn't have a basic understanding about bitcoin maybe I will say they are newbie invest because those who knows how the system works can never have that mindset or feeling, I know and I had it in mind that after halving we would witness a little down time for another 3 to 7 months before we could likely smell uptrend within the market. So for those who are desperate of making profits would never see it coming except they had to hold for long time.

We saw it fell under $20k, what's the idea of being afraid at this point? Its market price climbed the way up and the decline we saw recently is just a mere price correction. Problem is how people expects from a halving. Well, indeed the market price is expected to go up however nothing happens in an instant. Do try to check the pervious market price chart during having and look for how many months before the uptrend took place. Yes nothing guarantees that same thing will exactly happen but that's the only thing we could depend on at this point. What I know is that volatiity is in nature of cryptocurrency market prices and that no coin will have a consistent uptrend without any curves into it. What's best for now is to wait and to take advantage of the dip. It is still a good time to accumulate a decent amount of Bitcoin in preparation to bullrun.

Where did all this expectation come from? Because historically, Bitcoin has never hit ATH immediately after a Bitcoin halving so where’s this narrative coming from? It is obvious that this person does not have understanding of Bitcoin and only bought Bitcoin recently hoping to make profits from the halving.

My logic is that now is always the right time to buy bitcoin. Procrastination only delays your opportunity to accumulate more bitcoin because if you’re a long term investor, waiting for a dip or the right time is not a strategy you should be using. People who bought bitcoin at $20k, $25k, $36k, $40k are still in profit. Never let the current price of bitcoin discourage you from acquiring some.

Bitcoin already passed the all previous all-time high even before the halving took place. Some weeks to halving, it went down that price and hasn’t been able to break that price again as a result of the halving. Before the halving events, the price of bitcoin always goes below the existing all time high and as such it was not a surprise after the drop. What people don’t understand about the halving is that, it doesn’t immediately have effect on the price of bitcoin, it takes sometime before the event of the halving that took place will be felt, this is true from past history.

Criticizing bitcoin because it's "only" at $60k is simply mental. There is no other asset that grew in value like bitcoin did in the last 10-12 years, only someone who is highly ignorant could be disappointed by the results bitcoin managed to reach. People like that don't even deserve to own bitcoin, they better go betting on football matches or buying lottery tickets.

Those who are panicking are those who are newbie ones who just starting in investing. Maybe there are some old ones who are panicking as well, but I believe they are few.

Most of the people are panicking because they're not used to see their portfolio being down double digit in percentage. They are panicking because they think that everything will just go down and everything will go to zero. They don't know that this decrease in price is a perfect opportunity for us investors to buy not only Bitcoin, but other altcoins as well at a much lower price. We know that newbies tend to panic in times like this so what do we do as old investors is to teach them and tell them not to panic at all because corrections like these are just temporary.

Holding is the best option indeed, but holding too much will also lead to missed opportunities. I would say hold when everything is down and sell when everything is up. Don't panic because that will not help you at all.

those who say that are not real investors in my opinion. they just want profits and a quick increase in value. It's true as you said, people like that don't deserve to have Bitcoin and are better off betting on gambling that can double their money quickly.

There are no investors who immediately get very fast profits anywhere. For Bitcoin, you can hold it for at least 4 years before you can enjoy the results of its increase in value. the longer the better. Even when compared to investing in gold, Bitcoin is much more profitable.

Who the hell is getting discouraged by the current price? The people that are trying to get in right now? I don't think that it's a discouraging price because in my opinion, no matter what the price is as long as it's not yet the end of the world, it's never going to be a bad time to invest into bitcoin. In my opinion, when it comes to bitcoin, it's probably in our best interest to just jump right in, invest in it and do the waiting game, most people do the waiting game when they're not invested into bitcoin in the first place, that's the wrong thing to do, you don't want to be doing that because you don't get anything out of it. That's why veteran bitcoin investors are telling newbies to hodl because at the long-term, bitcoin is almost always going to go up and the profit will be astronomical but we still don't have any idea how huge it's going to be.

Indeed, we have often heard the term halving and of course some people will speculate that the price of bitcoin will continue to rise after the halving until it reaches $80k or more, essentially according to the buyers' expectations, but yes this is the importance of knowledge and insight because when we invest in BTC, if not Coupled with knowledge and insight, things like that will happen, such as the emergence of impatience and in the end, usually the potential for loss. and the decline in BTC prices for beginners who don't know the knowledge will certainly feel disappointed, of course it's different from people who already know the knowledge and are experienced.

It's true, op, we shouldn't be discouraged if we haven't made a profit from investing in BTC, of ​​course we have to learn from the BTC cycle which always breaks through the ATH and of course we have seen that BTC has broken through the ATH and this means that this indicates that people are buying BTC during the bull run. At the highest BTC price in 2021 that already certainly have made a profit for those who are patient  I think this is a good topic and of course very useful for those who read it.

Let them panic sell, this isn't the first time this will happen, people can't control their feelings and emotions and somehow its helpful for Bitcoin anyway, the past halving cycles Bitcoin have always retraced in price, but for beginners they probably won't know this, until they have one experience, let this keep working in cycle, for people that knew what will happen after few months of the halving, they will always be the winner.

I have spent another $500 on Bitcoin two days ago when Bitcoin dumped under 58k, I don't care and why I am storing Bitcoin isn't only about the possible all time high thats coming, I tend to always have Bitcoin and almost everything I have is in Bitcoin, for me Bitcoin is my money, if I need Fiat I will convert some back to Fiat.

I am still pained that I took so long to get into Bitcoin when I could have since 2014 but I can't turn back the hands of time, now all I can do is give my best and accumulate as many as I can, the future looks brighter for Bitcoin.

Panic selling has always existed in the market and will continue to exist. We have seen the impact of halving in Bitcoin history and we may experience something similar now. Nothing is certain, but Bitcoin has always been profitable in the long run so far. If we look at it as an investor, we can say that Bitcoin's long-term rise is a valid investment reason. When we look at the development of Bitcoin and the increase in the number of users, it has always reached more people and more people have learned about Bitcoin.

The decrease in the price of Bitcoin causes investors who do not want to take risks and panic to sell Bitcoin. This happens all the time. It is important to be patient when investing in Bitcoin. If you are an investor who wants a big profit in the short term, I cannot say anything, but if you are making a long-term investment, Bitcoin has always provided profit to its investor. We cannot be sure whether this situation will always be repeated, but investment always carries a risk factor.

Firstly, Bitcoin is not a scam, pyramid scheme or ponzi scheme and don't be discouraged of buying or holding Bitcoin, because Bitcoin keep increasing as time goes on which early investors of Bitcoin that sold early now are really regret it. Therefore Bitcoin is the future of financial services sector across the globe and is more reliable, transparent and secure.

There is no chance to say that Bitcoin is currently a scam. But you cannot force your friend to earn money by investing in Bitcoin. Our world is such that if someone benefits from me he may thank me but if any harm is caused then he will fully blame me. So it would be wise to do your own thesis about Bitcoin and invest as much as you can on your own. The fact that Bitcoin has not yet reached the desired target but has fallen does not mean that it has no chance to rise. However the current drop in prices has created an opportunity for investors. So there is still time to invest in Bitcoin and profit from it.

I cannot agree with you at all because I myself cannot believe that Bitcoin is a scam. Of course when you check Bitcoin you will tell yourself that Bitcoin is  scam free. When you invest in Bitcoin you need to invest properly if you invest in wrong place you will definitely lose instead of getting profit from that investment so before investing you must acquire enough knowledge about investment. Many times it is seen that many newbies invest in wrong places without proper knowledge about Bitcoin and they get hurt a lot. They think that Bitcoin is not correct. Before investing you must get your proper Bitcoin knowledge. Then you invest then you will see that through Bitcoin you You will get proper success. Many times we lose patience when it comes to Bitcoin investment. If we can invest patiently without losing patience and always have a long-term Bitcoin investment plan, we will surely achieve success through Bitcoin investment one day.

I agree about not forcing our friends to invest in Bitcoin. Let him choose after he has looked for the information, but if he doesn't want to look for more information about Bitcoin, we still shouldn't force him. Everyone can invest in Bitcoin but it depends on how they view Bitcoin. If we believe in investing in Bitcoin, we just continue investing while waiting for the time when we can make a profit. One day maybe our friends will realize Bitcoin's potential for them and they will come to us to learn more about Bitcoin and start investing in Bitcoin. The current price position is a good time to start investing and hopefully, those who haven't started yet can start immediately so that they can later benefit from Bitcoin.

A decision that would make him regret it. Not many people are able to be patient with market conditions even though it is still testing.
As most people say, there is no need to take part in discussions between two of your friends because it is not important at all. Making decisions without any knowledge based on boredom is a stupid act. It's not our money, it's none of our business.

If the current market conditions make it difficult to break the price of $75k, then it should be remembered that Bitcoin once reached a price of $73,777 which is close to $74k.
If a few moments ago the price fell to $56,552, now it has strengthened again to $61k.
Patience is needed but don't give advice to people who think like one of these friends.

Some investors who have regretted their actions because they sold the Bitcoin they once owned too quickly also still place their focus on Bitcoin because they will definitely not just forget about Bitcoin even if they have to buy it again at a price that may be higher than the price they bought before. Because now Bitcoin is considered an important asset that is worthy of being owned by anyone in the long term, so every price correction and discount in the market will always be taken advantage of by investors who like Bitcoin.

Those that are going to be discouraged are those who doesn't or are short sighted enough not to have seen the true potentials that Bitcoin holds, those who also bought Bitcoin for a short term profits will also be discouraged probably Bitcoin is falling down below their entery point and so many will panic and sell at lost, while those that bought for long term holding will size this opportunity to buy more Bitcoin even being aggressive but not over doing it as they buy more Bitcoin with a lower amount compared to their buying at it's previous high.

This line of argument is obsolete following recent developments in Bitcoin such as it becoming legal tender in many countries now and many institutions investing in Bitcoin. Last year till now have seen a massive reduction in the number of Bitcoin critics who always refer to Bitcoin with those line of thoughts. Now is the time for regrets for those who listened to those critics and failed to take actions when they heard about the opportunities that abound in Bitcoin. I have check the social media handle of most of those infamous critics and the energy with which they criticized Bitcoin has disappeared.

Regarding the present market condition, it is only those who are new to Bitcoin that will panic. For me I see it as opportunity to buy more Bitcoin and I am happen the dip actually happened because I used it very well.

People who buy Bitcoin by taking look of the price first are people who only want to make short term profit. This kind people are actually not trust in Bitcoin, that's why they mostly panic selling due to afraid to hold during bear season.

While the true Bitcoin enthusiast invest in Bitcoin because they want to enjoy the privacy, security and decentralization that Bitcoin have. Unfortunately not many people are Bitcoin enthusiast because they hold their coins in centralized exchanges.

Post halving patience testing is one way to put it. Definitely this has been the least action mixed halving till date and people are thus panic selling or panic buying at the wrong times making the prices go haywire. However the overall movement has been positive as of todays date as bitcoin is climbing back up to 61k USD and moving in the greens. Still these movements are all temporary and opposite side movements will not be uncommon. This is one of the facts that bitcoin investors need to get in their heads. The short term volatility is high and panic or FOMO will only lead to bad outcomes.

The decision to invest or divest from bitcoin should be taken after long term charts viewing not just today and yesterday's price.

Obviously, one of the best decisions he made was investing in Bitcoin but he didn't gather enough information prior to investment. If he had done that he'd know that the price was not going to explode immediately after halving. Sadly, many persons are making this same mistake, they feel discouraged by this hiccup, but it's just a deep and it's very normal. The market may not be looking good right now but it's going to bounce back real soon and they're going to be thankful for buying Bitcoin and HODLing.

It has been only a couple rough days, we are back on track now!

But of course, it's obvious Bitcoin isn't done with upward movement yet. In fact, now isn't even the right time to short Bitcoin. Those who trade Bitcoin should be out looking for buy opportunities, not sell. I'm sure those who sold a few days ago when the market experienced a dump will be regretting doing that now. Well, I don't know if Bitcoin will fully recover from here to the upside or it will still dip again to the $52k region to test it as there's a strong support down there and a gap for it to cover.

I don't get discouraged at all since my bitcoin is worth 100x more than I paid for it years ago, even at -20% from the top. The way I see the current price action is that it's a battle between ants. When you stand on the grass, all you see is the weather outside, trees, nature, but below, right next to your feet, there can be a whole ant colony of over a thousand workers panicking that some giant is walking by and shaking the ground. People who bought their bitcoin at $65k might panic when it goes below 60 because they feel like losing 10% is a disaster, but people who hold 100 BTC bought at $1k don't care. They can be up $6 million, or $5.9 million and they'll sleep like a baby every night.

Bottom line- this is a matter of perspective. For some of you this was a crash, for others just a shakeout of weak hands and gamblers.

People who entered bitcoin investment without doing some research are definitely the ones who are discouraged right now with the current price, but I don’t think these long term hodlers who have already experienced past halvings still get discouraged with how the post halving has turned. It’s normal to see btc price drops after a halving event, because we all know after a couple of months, bitcoin price will eventually create a significant rise which may lead to achieve its new all time high in the process.

Hahaha, this is absolutely right!
It is better to explain to a friend who says that Bitcoin is a scam than to explain to a layman because whose belief is based on negative teaching, then explaining to him is nothing less than a pointless task. Anyway, you spoke to my heart, we can't even encourage a person who thinks Bitcoin is a scam. But explaining to him that Bitcoin is one of the best assets for investment blah blah becomes a little difficult task. 
 

In my opinion, one should stay away from this friend who does not understand what the creataria of Bitcoin investment is. . And the person who doesn't know this, then he should just leave it where he is, meaning to explain it to someone who doesn't even know the B of Bitcoin is abusing himself.

One may either convenience the other person that Bitcoin is not a scam or else you may stop this argument as it is hard to change the opinion of the people generally. With the passage of time, those who do not believe in bitcoin will change their statements and view point when they will see the adoption of bitcoin worldwide and more and more people using bitcoins globally.

Even the people does not know what is halving and how it put a cut on the supply of bitcoin and miners reward. They only think of Halving as the sell the news event and therefore we usually see pressure on bitcoin price right after the halving. However, soon this short them dump in the bitcoin price will be over and then we will enter into a real bull phase of the market.

If you do get used to on how this market works or behaves then you do find yourself having that better control.  ;)

One of the main reasons on why i dont really make myself giving out some suggestions or recommendations to other people is that whenever they do lose up money then the ones that would be taking out the blame is the person that make out some introduction to them on which they would really be pointing out their fingers on you as if you are the ones whose at fault on losing up money.
If they were really that been aware on how this market works then they wont really be making out such thing or those kind of comments.

On the time that you would be able to gain up that sufficient experience then you would really be finding yourself that be able to handle out such situation or condition.
This is why experience would be the best teacher as always.

If someone wants to sell their coin, you don’t have to force them to keep on holding. Everyone has the right to do what they want, since they invested their money, so they can sell when they want. The problem people are having is that they don't really know what halving is all about. Most of them just think that after halving, bitcoin will start pumping, but it's not like that, always it does take months before the bull run will start.

Some people sold their properties just to invest in bitcoin because they heard after halving that it was going to pump. Most of them don't know it's not immediately after halving, and now people who don't know much about halving are angry that bitcoin keeps on dumping even after halving.

If there is any dump, if you have any amount of money that you won’t be using for now, then you can just keep on accumulating your bitcoin. Just know that a bull run is coming, but the problem is that nobody knows when it’s going to start; it might be when people never expected it, so just be prepared.

People who later failed in bitcoin investment and said it was a scam are those who rush to invest. These are the people who did not learn anything basic about the investment. Because they see or hear that the price of bitcoin will soon reach ATH, greed pushes them into the market. And bitcoin investment is not working that way. As an investor, you have to know everything about the investment, both the dos and don'ts of it, and the risk of bitcoin investment is very important too.

You know they don’t really know the risk of the investment until they invest, and they later realise how the market works and some other risk that is attached to bitcoin investment, which is when their eye is getting cleared. You will hear someone claim that Bitcoin doesn’t favour him, not knowing that he or she is the one who did not follow the right path.

The price is very volatile. No one can confidently tell you how the market will look now or after, so we need to be very careful when it comes to investing in bitcoin, knowing the risks that are attached to it and also being ready for a long-term investment because people get confused when they see the market is dumping and sometimes even sell at a loss, which is not the aim of the investment; the aim is to make a profit from it. 

If it’s not your money, then you have no control of it even if it means selling all their coins at the current price condition. Let him sell so he will experience how it feels to be at a loss, and surely regret will come later and by that time, he’ll learn his lesson from his own wrong action.

You know we met a lot of people like this in the forum. But don’t worry, they won’t act stupid all the time, they just have to learn their lesson the hard way so they’ll be able to understand how halving really works in the market. And how patience can help them reach far from where they are starting.

Make we just continue to dey sit down ontop. Our opinions matters because most people are just here to sabotage their business. We should always knows our problems and the ones we can confidently resolve and the complicated ones that will need the hands of the very top.We ought to refused from any nonclear figure because the safety of the students shouldn’t be down here. Bitcoin is now scam and have played good roles to the smart ones, they understands the market and gives their 100% to their bosses.

It’s not their fault to think it’s a scam when they are blinded by volatility. Despite having some Bitcoin, I was careless about the reduction in price (even if I knew it’ll bounce back up) because the purpose of Bitcoin still stands even if we go down back to $18k. Stories like this are example of why we should tell people the primary purpose of Bitcoin while discussing the joy that could come from its volatility. Too many people think it’s all about when the price is increased, etc.

This isn't the first time bitcoin is experiencing a DIP, in fact, Bitcoin has experienced even bigger DIPs than this in its history, but it's ability to always bounce back and break through current ATHs to a new one has always been what strengthens the hopes of investors who.
As an investor, you're supposed to prepare for everything and anything, knowing too well that the market is very volatile and unpredictable and so can take any shape at any time, so one should always be prepared even for the DIPs when they eventually come because they'll surely come whether you're prepared or not.
There'll always be people who will complain during a DIP and there'll also be people who will end up making wrong choices and decisions too due to fear of the unknown, but preparing your mind and expecting it will help you look beyond the short term fluctuations and focus more on the long-term trajectory.

In the first place, I didn't even notice if bitcoin's price value was declining because it was normal to happen in the market in this field of the crypto space. That's because you know there is a correction going on in the market so far.

And I think, too, that this correction is not over; it is deeper, and I really think its depth is around 41–52k $ each of.Bitcoin, so its congestion is long-lasting. The trip will now.

Not always people like to hear our sermons. Especially what was said about money. Enough to advise yourself to be wise.
I am of the principle that people who are only ready to accept reality in happy situations and refuse to accept reality when it is difficult, are not ready to be true human beings.
The action I would take, would be to ignore him by pretending he never existed.

Since Bitcoin was first created until now, it has been proven by research and recognized by great people who have high IQs in accordance with reality. It's not wrong if we think it's just a waste of energy like in my first paragraph above to convince the stupid thoughts of one person who decided Bitcoin was a fraud.

In my opinion, those who think Bitcoin is a scam certainly don't understand Bitcoin well and they only hear some information and don't seek to understand Bitcoin from those who already have a correct understanding of Bitcoin and for those of you who understand Bitcoin correctly, of course you don't. will be affected by volatility and also news that is not true about Bitcoin, so I think those of us who don't understand well how Bitcoin works and volatility of course they have to learn it well from those who have gotten results from investments that other people have made in Bitcoin. and they must hear it clearly so that there are no misunderstandings in understanding Bitcoin.

The starting price of Bitcoin in January was very poor if I begin to link it to the current price, it has no discouragement on me. Anybody that bought Bitcoin at a very low price will not feel disappointed even now that the price has reduced to $60000. In  no time, probably before the end of this season Bitcoin price will still pump. The only investor of Bitcoin that will feel disappointed right now are the people that invested when the price of Bitcoin was $73, 000 but let them be patient and the price will bounce back.

If you are constantly watching the market, you will see that it has already recovered a bit from that dip and is currently trading above $63k, so there is no sign for it to go as deep as $52k or lower. This coming week will show where the price will move next, investors will need to be quick with their decisions.


There is no point in making someone understand or convincing them that Bitcoin isn't something bad. You don't get anything out of that, whether they accept the reality and embrace it with open arms or willingly close their eyes and say they can't see anything, none of that is going to affect you or Bitcoin, so just let them be with their thoughts and decisions.

Oh just relax guys after going to 73k why are we worried at this price now lol


Happy to hear. The lesson from guys like us to everyone is 'Don't look back, you think those guys who had BTC in 2010 don't look back?'

We can't change yesterday but we can prepare for tomorrow.

Don't be the guy in 2030 who is still pained he didn't buy at 60k today :)

No worries at all if you know and seen how and last year has started.

Those that are worried probably bought at the new peak which is $73k.

The best is yet to come and who will be the most patient wins.

Anyone who understands how BTC operates would see no reason to get worried or panic cause the best is yet to come. It's only those who rushed to invest into it when they got little idea that would see a reason to panic when the price of Bitcoin goes down, most of them got into the market due to wrong informations they got about the halving.

 I believe the man who was complaining to his friend when the price went down would be very disappointed at himself currently if he had sold then cause few days after the price went beyond the initial price of about 57k it was when he made mention of selling his coin. Now this would teach him a lesson if he sold cause Bitcoin is currently 63k and has a potential of going higher.

 For a person holding for a long term, buying at the peak of 73k shouldn't be an issue, mostly  if the person bought bulk Bitcoin then there's no reason for panic cause there's a great possibility of Bitcoin going beyond that mark.

Most likely they don't have enough knowledge about bitcoin that's why they can say those words on this coin. They only look up for some idea that it needs demand before bitcoin price to rise and associate it as ponzi schemes. That's why they need to help theirselves since if they remain to think about that and close their doors to learn from this for sure in future when they see that someone's life has been changed from their neighborhood because of bitcoin for sure they would regret on why they ignore this and maybe think about that they could possibly earn the same if they listen.
So people should not close their doors for opportunity since there's a lot of modern ways on how they could able to earn and bitcoin is just one of that. If they are worried about price drop then maybe that's another information need to learn since key of success as investors always came from research and constant learning new knowledge about what they are trying to do.

Those who keep watching their portfolio will definitely feel worries and uncertainty when there is a price decline. I have had that kind of experience before and I realize that it was not a healthy practice because this will influence our minds to think negatively in every drop we see. Just like you, I have not felt the pressure of selling as I was always optimistic about the future of Bitcoin. The current price decline is very common in this market, and we have never seen it stable ever since. It drops and it pumps again, that is how it works and that is the thing that everyone must understand.

We have heard repeatedly that giving advice on how someone uses their money.
It's not bad if we provide understanding to people who think Bitcoin is bad as long as they are willing to use their brains to think instead of using their anger because something they want hasn't happened in time.

That's enough. Just end this.
Regarding Bitcoin and others, each has its own concept and basis for thinking. For us, Bitcoin is very great, for him, on the contrary, his business is none of our business.
The eyes will be able to see the truth if they are assisted by a scientific mind.

I guess for newbies, the current price will certainly be a big issue for them because if bitcoin price will consistently drop its price, that will make their investment doomed. But if they know that being patient in the market most especially in times like this will pay a lot, then they won’t be worrying too much knowing the fact that this is just part of price correction.

Those who came with knowledge and completely understand the volatility of bitcoin will just face the market calm and chill, but for those who rush to invest without studying first, clearly that will be a disadvantage for them.

We should let people be with their thoughts and do what they want, at the end of the day, their decisions are going to affect them and not us. If someone thinks that Bitcoin is a scam because its price didn't soar after the halving event, they should go ahead and sell their assets so that they can regret it when they see the market going up after a few months, but then there will be no going back for them and they won't be able to recover their losses then.

People who think this way about Bitcoin and the market are the ones who lack basic knowledge about the market and things such as the halving, they have just heard about the halving being a signal for a bull run which isn't completely accurate because the market doesn't start going up right after the halving.

I don't agree with this. You see trading alone is difficult enough and if you add up the stresses within the psychology side of it. It will be so much daunting. I think that's why we have community like this. That is to put up positive expectations within the market. As a market participant and Bitcoin holder, I want more people to come in also. That is way any kind of encouragement will be beneficial. Of course it hurts when you have negative position on your holding, but it's part of the process. We may not convince ore people, but at least we can motivated those who are already in to hold on to their investments and not sell.

I agree, if you understand how BTC goes on over the period of time you'd be the most chill guy and you're relaxed and don't have to worry with how the price goes in action from time to time.

As for buying lumpsum at the new ATH, they have to give themselves extra patience because many did that in 2021 and 2017 bull runs and did sold too early.

It's normal for them to react like that because they have lesser experience and stay.

But we guarantee them that if they are going to worry now, they're going to end up losing their holdings and could cause them to panic sell.

Investors are not at all worried about the current market of Bitcoin because they have seen such price fluctuations many times in past history and investors have gained experience from all these markets. So no matter how much the market fluctuates, investors are not worried about all these things. It's different for me because I'm not an experienced investor at all so the price of Bitcoin is a big concern for me.

Many investors got discouraged by the current price of Bitcoin, because high expectations were raised due to the halving event, so many people thought that right after the halving Bitcoin price should immediately skyrocket to 100,000$ or 150,000$ without any delays and setbacks. Of course everyone here would like that happened, however in practice we have a lot of obstacles through the way, and here I would like to highlight market's manipulation by whales, the big players who drive this market upside and down by selling or buying large chunks of Bitcoin at once.

I just think what investors should have in mind is that if those big players are so focused in Bitcoin, it means it has a lot of potential, otherwise they would have already moved their funds to another niches of financial world. All investors have to do is to be patient and remain encouraged that Bitcoin will still increase a lot of in price. It's just a matter of time, and a matter of remaining confident until the right time.

Those who already have the knowledge and skills will of course not be affected by the downward movement of Bitcoin prices, of course they will take advantage of this opportunity by trying to collect so that they can enjoy profits when the price increases and also for each investor, of course they have an investment target. and also they always make good planning before deciding to invest, if you continue to learn about investing in Bitcoin well of course you will be able to become an investor who has skills and experience in this field.

Yes. The decision you make is correct, of course. Well, if BTC goes up there is also a special notification for example tomorrow it will rise high again to 65K, of course not So, I think what your friend does is his right and what you already know just run it.

For me BTC is very unique and potential. I see this small correction journey after the halving is not completely finished, there could be some additional corrections, of course, for those who are already professionals in the world of BTC investment, this is a common thing where the most awaited is the big moment, which is one year after. In fact, before the Halving, the price of BTC has been pumped, how about after the next 1 year Halving ;D ;D.

Inasmuch as what you've said is right.
But you know what they always say about experience being the best teacher, ordinarily, when you tell people something, they may really not understand the gravity of what you're telling them until they make a mistake on their own, it is that mistake they learn from and when they've made that mistake, they'll avoid that particular scenario that led them into making that error, even in a lifetime. It is then that they will actually understand the gravity of that error and will do everything possible to avoid it, it's called learning the hard way.
Making mistakes in your market approach isn't ultimately a bad thing, but not learning from your mistake and still repeating the same mistake is what is bad. So allow people to make their own mistakes the same way you've made yours.

I don't try to explain anything to people about bitcoin because people who hate it will continue to look for the truth regarding their understanding and vice versa for people who believe more in bitcoin.
In fact we have seen how great Bitcoin is but not everyone can see that, there is no point in convincing anyone about Bitcoin if they don't try to find out for themselves.

Maybe the man needed money so he tried to sell some of the bitcoins he had before the halving occurred.
In fact, I myself felt the same way because at that time I needed money so I was forced to sell bitcoin according to the percentage I wanted. In certain circumstances we cannot hold bitcoin from being sold, especially if we don't have spare money.
Therefore, if things happen like what I experienced, we also have to prepare savings to avoid selling bitcoin at certain times.

There's even people that even they benefit at you already, they won't still thank you and even talk negatively at you once you or they walk away. They're so cruel. BTC has no desired target. It moves in mysterious way, so it can either stop at one price point or continue until oblivion. It was only us people who have a desired target. This is why we are called as speculators, apart from investors, risk taker,  etc... Yeah the current, past, future drop in price is an opportunity for us and not something that can discourage us but being discourage is a negative feeling or trait that one must avoid if they want to achieve something in their lives.

Whether you have experience or not, the price of Bitcoin will still be noticed by many people at this time, especially by people who already like and believe in Bitcoin. So that makes them very enthusiastic and confident to continue watching the price of Bitcoin even though it's not to sell it, because sometimes monitoring the price can also be quite useful for investors who like to buy Bitcoin in any condition. So it's not only about whether investors are worried about price fluctuations or not, but in this case there are still good opportunities that can be exploited by investors who like to buy and hold Bitcoin for the long term.

I don't see the reason why they should panic because of price, Before anyone invested, they must have seen how the price has not been stable, so why panic? Because businessmen  should not be panicking because of price, and that should be the concern for those who are holding for traders, either short or long, you should know how to take profit from every market. and with time, you will get used to the market and you won't bother much about it.  there will be time when you will have a good profit and not worry much about the market. and if you always get worried about the market, you can give trading a try and do daily or short trading, it will now depend on which one you want to do.

Bitcoin will be viewed by a person the way he studies and reviews Bitcoin. Some people will see Bitcoin as gambling because they don't know anything about Bitcoin and have not analyzed the statistics, they will have to leave it in the hands of fate and their destiny will be determined by God. And those who invest with proper knowledge and analysis about it will be the business for them and they will make their own fortune.

Only newbie would be discouraged when the price drops down after having a huge increase.
We have seen this scenario so many times before, relax and try to accumulate more then HODL, I believe most of the old crypto earners are doing this.

Most persons are just too lazy to do learning about Bitcoin, I don't know if they just see Bitcoin as a source of income, monthly or weekly payout that should automatically generate profit for them. Bitcoin is all about the bull and bear season, whatever season we find ourselves it's best to be on maximum calmness, our interest should be on buying and holding instead of complaining.

Why would I be discouraged by being close to the ATH? If someone held bitcoin last year when we were below 20k that person is going to be in euphoria right now.

I always tell people one thing when they ask me what to do in such situations. If you can't wait, need money, don't hold bitcoin, but when you have enough money right now and can wait a year or two always get some bitcoin to hold. It would be dumb not to have the best performing asset of the last decade.

You don't need to get worry about the price of the Bitcoin if you know every actions you made. Before entering into an investment at the first place there's a plan you made and plot this will be serve as a guide to your journey and path if you lose yourself due to market volatility. if you are active trader you must need to get a ride with the market movement if no and you will look forward to the BTC for a long run you don't need to stress your self every time to keep watching in the market again your goal is to take profit to the next ATH and you are not a daily trader you are a holder. Investment in crypto is a battle of strongest hand.

Obviously many are still looking at bitcoin as a get rich quick scheme and they think that it is so easy to earn income from bitcoin. It is not as easy as everyone thinks and I would say that it’s actually kind of stressful at times.

The crypto world is very vast and complicated. There are just too many things to learn that if you don’t you know you will be left behind and you’d need to say goodbye to your dreams of earning profits from bitcoin.

      I agree with the topic made by OP that no matter what coins we hold, even if their price falls, don't look at it as a reason to be disappointed; you should take it as something that is a good sign that you will invest even more save it.

     There are many who use this method, and from what I have seen, it has been an effective method for most. Stay positive, even if you are facing something bad in this field of cryptocurrency.

The price of Bitcoin always fluctuates and sometimes the price of Bitcoin goes down a lot. there is nothing to be surprised by these because even if the price of Bitcoin falls, it will rise. If you invest in Bitcoin for the long term, then there is no reason to be disappointed by the price of Bitcoin.  Because if you dig past history, you will see many amazing history of Bitcoin.  Bitcoin is a coin with a lot of potential, which holds a lot of profit. those who are shocked by the price of Bitcoin will not get anything good from Bitcoin

You have to go in to crypto well-equipped by knowledge and understanding of how the market moves. You can not be led by emotions and let yourself decide in very important matters if you are easily affected.

There are so many people who still wants bitcoin and even if it’s going down a bit it will just eventually come back.

It's easier said than been done. Bitcoin is still trading slightly above $62k and that's below even all time high of the previous bull run so, anyone buying Bitcoin right now that's is not doing it for the long course would have to think twice about the market situation, you can't just jump into the market and buy, majority are even waiting for the market retracement before the bull run but anyone that is buying for long term wouldn't care about what will happen.

You also said $80k as a next target but have you check what we is that to an average retailer with $5k investment? The probability of making $2.5k from that $5k investment will be really tough and you know, you can't altcoins is something that can replicate that easily even though they're more riskier than Bitcoin, that's why people might not be going for that run of Bitcoin this time.

In the Crypto space, a lot of people fail to progress because of ignorance, lack of knowledge is a very big setback that could really affect someone negatively. Before anyone should go into the market, they should have proper understanding of what they're going into they should understand that making profits from Crypto is not very easy it requires a lot of patients and tolerance, many don't even know what volatility means they may have head of bull and bear market but they don't even understand it and when to take advantage of the market all they just want to do is invest in a coin and take profits when it booms and if it goes the other way round those are the people that would criticise a project and call it scam, forget the Cryptocurrency is volatile in nature. If you understand Cryptocurrency and how it operates then their lots of profits to take on the long run.

Exactly, does who discourage becauss they see how big of a price a bitcoin has, little they know they can still do investment or holding bitcoin even a fraction of it, in short DCA, many new comers in bitcoin doesnt know the existence of DCA which is Dollar cost average, meaning you could brough fraction of bitcoin based on what can you invest for example a $1000 dollar or even just a $100 you could buy bitcoin and hold it, but to maximizs the profit in this investment you will need to hold it long term and of course with the right timing of buying your asset you could earn a lot from it, so even you are just going to buy and hold bitcoin you will still need to understand when and where at the price of the market is the good timing to invest, in short you will still need to invest in knowledge and skill about bitcoin.

depend on what kind of investors are you calling here because there are types of investors that only for increasing market and they are disappointed whenever there but those who trust their holdings are the one who can be confidently waiting for the price increase again or at least Bull run comes the early this year.

I do not know how long it will stay within this range,  but it will explode sooner or later this year. I am not discouraged, it is an oportunity

As far as I am concerned there is nothing to be disappointed about the current price of bitcoin as all investors in the crypto market know that there is volatility in the crypto market and the value of the currencies rises based on the market volatility. Investing in bitcoin for the long term should proceed with faith. Bitcoin may reach higher in a bull run. Investors who hold for long term will get good returns.

It's not about people who are already involved but it's about those who aren't involved and want others to persuade them to join the industry and make investments so that if they lose money in it, they can have someone to blame. So, it's better if we don't do this and let them be, if they find out about Bitcoin and cryptocurrencies from the internet or somewhere else and become interested, they can get in themselves but at least we won't be blamed if they incur losses on their investments.

So, it is important for us to understand that we might be thinking of the welfare of some people by letting them know about Bitcoin and the cryptocurrency market so that they can earn some money, but if they turn out to be reckless investors and lose money, they will blame us for it. So, we better stay out of it.

         Investors and believers really have no space in their minds to have a negative impression about Bitcoin. But such opportunities will really be an opportunity for them or a reason to buy more bitcoin. Even for me, if I'm a fanatic, that's what I'll do.

        Even with other cryptos that are top-listed in the market, I will use the same strategy because this method is also effective and there are many traders who use it.

You are not far from the truth, alot of persons indeed expected bitcoin to start pumping and reaching a new all time high after the other immediately after the halving, but that unfortunately did not happen, and I can tell you for certain that alot of investors are agree and disappointed, but this set are majorly the ones who are new to crypto, because every one that is well experienced in this space already know that the bull run doesn't just started happening immediately the halving is done with, it takes some time, mostly months before the market enters into a bull run properly.

For now, bitcoin has recovered a bit if we look at it from when you started this discussion, but all the same, the price is still down, but this is nothing but a buying opportunity for those who have some extra money laying around, the bull run will definitely come, and those who are buying more bitcoin now, and those also holding will be the true winners.

Anyone who's been in the game for a while knows Bitcoin doesnt instantly explode after a halving. Its about how supply and demand interact, but also how people feel about Bitcoin at any given moment. After a halving, the real fireworks take time. Seasoned folks know this; they've seen these patterns play out before.

Right now is actually a great chance to get in or average down. Thinking of a dip like this as an opportunity, not a problem... thats the mindset of someone who understands how this market works long-term. These swings separate those in it for a quick buck from those who believe in Bitcoin's potential. The real winners will be the ones strong enough to hold, or even buy more, right now. When the next big rally happens - and you know it will - that's where the payoff comes. This whole thing is a test of your conviction and whether you get the bigger picture.

Alguma notícia relevante para essa inversão e queda de hoje?

Bitcoin has broken its previous cycle high of 69k and has approached 80k. However, the adjustment of Bitcoin after a long period of growth is necessary for outstanding and more sustainable growth in the next stage. Nothing can increase forever without a break to refuel. Same with Bitcoin and this market, people was too focused on the recent halving event and expect Bitcoin price to increase immediately after this event takes place.

But those who have been in this market for a long time know that there is always a gloomy period after the halving event so that people gradually forget the impact of Bitcoin's increasingly depleted supply. Then, when everyone thought it was difficult for the market to increase prices again, there would be a remarkable growth that no one could have predicted.

When everyone feels pessimistic and thinks about lower prices, that is the most appropriate time for us to buy. We are now close to that stage, when more people are thinking about the price below 50k for Bitcoin and Altcoins have continuously had new bottoms recently.

I agree with your opinion, and indeed if a beginner will definitely be discouraged when they see the price of BTC going down, sometimes beginners usually always panic sell even though they are at a loss. And to be honest, when I first got to know Bitcoin, I personally also had the experience of always panicking when after buying BTC the price fell. However, those who have experience will definitely not be discouraged and panic when they see the price of BTC plummeting after a high price increase.

Yes, of course, in this case, those who are experienced are familiar with seeing the bitcoin cycle and those who are experienced always accumulate bitcoin when there is a price drop and use money that is ready to be will be lost and of course keep it for the long term and only sell it if make a profit.
However, according to my research, beginners usually don't learn the knowledge first before jumping into Bitcoin, which in the end has the potential to experience losses, including panic because they usually don't use the money they are ready to lose to invest in BTC.

Only those that are traders will panic most, because a long term investor will only be taken advantage of the current market condition to stash up more of Bitcoin in to their bag as it gives them that golden opportunity of buying more Bitcoin at the same amount of money as at comparing buying a lesser amount of Bitcoin with that same amount of money at it's previous high price, it is better to accumulate Bitcoin for a long time purpose as it gives you the opportunity of having a compounded value of your Bitcoin investment over a period of time.

Bitcoin investors know better  that how to handle their investment during such harsh situations when the market is unfavourable for us. They always know that market dump is in good condition for accumulation while market pump is to take the benefit of your patience, knowledge, and invested money so you will take the benefit of your hard work at the pumping phase.

Only knowledgeable people will understand that if price goes down then there is no need to put fear in your heart but it is the only time for which many investors are in wait to buy more Bitcoin because brilliant people only get benefit from all conditions instead of losing money by losing hope.

You're definitely not in the wrong with your line of thought, I would have to agree with you there that people should panic and make these emotional decisions and sell all of their holdings. Then again there is no talking to someone who has already made up their mind, especially if they won't even hear you out. I say put your two cents in but at the end of the day they have to see the vision and believe in Bitcoin. Ask that man, do you believe in bitcoin? Do you know what I know? Do you know how sound & incredibly designed it is? These are all questions I would ask them. At the end of the day just make sure you and your family are set! Shoot I even try to tell this stuff to my family, it took a long time for them to finally start coming around on this stuff. Sometimes you also just have to keep hitting them with fact after fact, I mean if its someone you truly care about.

Staying in bitcoin is actually not because you are an experienced investor or not, but rather whether you believe in bitcoin or not, the price of bitcoin has so far increased because of the supply and demand created by the trust of people who buy bitcoin, I am also still relatively new to bitcoin But I am confident in the future of Bitcoin so I will not be a weak person to hold Bitcoin.

Yes I concur, people decision differs it's very hard to control or make decisions for another person, many are control by their emotional that is why investment in crypto, particularly BTC need some emotional control method because nit all investor can withstand a dip because they are always in FOMO one thing is certain BTC can remain in ATH  it must surely alternate before the bull only those with this consciousness can make good decisions and hold ni matter how the Dip is.

Normally a good investor it's already a great opportunity to even accumulate more because the greater chance of making it is at head, that why people with fear if losses hard survive in risk management, because their decision will affects the investment they made.

Although the Market is not always predictable as BTC Price is constantly fluctuating, of course, and they always stick to low price moments, especially if indicators confirm a possible change in direction.

There are many traders who feel that the market, for example, is considered bullish when seeing prices soar, but we should also be careful with the current situation because there have been many fake pumps lately.

The logic is that this is true and some people who have a small budget for accumulation will wait for a downturn to buy.
Although sometimes we have a DCA strategy for buying bitcoin in an orderly manner and for some people there will be a separate concept in carrying out investments.

I always think the price is correcting in the middle of the rise and maybe we will wait for a sharper decline to accumulate more.
When investing in bitcoin, there is no need to worry because there is always a moment of recovery or a cycle that occurs. So our most important task is how to make as many purchases as possible. Holding will always provide benefits for someone who dares to hold and no matter how sharp the price decline is because when we understand the cyclical processes that occur that is where we can take big profit steps.

At least focus on the main goal, if you really want to be involved in both cryptos, everything has been taken from the start, we invest in crypto, whatever the results in the market, it doesn't mean taking the risk of panic, we will become more mature and knowledgeable every year by observing Bitcoin's movements in various countries. big market, it has often been seen that emotions and bad influences from news that lead to create panic in a person, so that's why learn knowledge about the movement of Bitcoin or other digital currencies.

No doubt only newbies or beginners like me can feel discouraged but in course of learning and acquiring knowledge about bitcoin, discouragement is no where close. One who is fully educated on bitcoin or one who is an expert on bitcoin will not be discouraged whether the price is dropping or going up instead he will know the method to go with in other to make profit. About the price of bitcoin now, buying and holding is the best with the expectations that the price will go up.
As newbies to bitcoin instead of being discouraged, I will advise we ask questions and seek advice from experts or those who are experienced in the crypto world.

Everyone can say whatever thing he or she understand by Bitcoin where is certain person who condemn cryptocurrency, so I know quite well now those people really advise people wrongly not to invest in Bitcoin when they have not invested in Bitcoin before so I believe that the only thing that will make you to invest in Bitcoin is when you have make your research to know if bitcoin or not so you can invest really without adhering to anyone advice

True, just seek knowledge from relevant sources, and knowledgeable ones not from ignorant individuals that often misleads newbies and those who don't have any background knowledge.

I often and will keep saying, Knowledge first before Investing as you have to understand what you're about to get in, just keep accumulating according to your investment plans, hold and have a long term view of the market.

Patience is the key in Bitcoin accumulation phase.

Not observing market movements and getting confused by volatile markets are signs of pessimism. So if one observes and analyzes these situations regularly then I think he doesn't have to think about anything else. So it is wise to go ahead with the plan without worrying about the cost and strengthen the hand battle in your opinion.

Totally agree, if all you do is listen to what others have to say before you invest or that those people yapping about not investing or investing in bitcoin when they themselves haven't even tried that one too, then at the end of the day, you end up making all the losses because youre too spooked to take the first step. People always get it wrong, they do their research but they never deliver when it comes to investing, they think that what the influencers say is the gospel and so it's a waiting game for them forever, no real will to invest in bitcoin and so they end up regretting and getting bitter over it.

When we get advice to buy a coin, we should never immediately make a decision to buy it. We should try to do research to find out the potential the coin has. We also make sure that the products they develop have high enough demand so that they will make a profit when we enter. However, for purchasing Bitcoin, I prefer to purchase using the DCA method which I think is safer.

Doing our own research about the coin we are going to buy is of course very important and if the coin we are going to buy has good potential, of course we can buy it to be able to make a profit from that coin and a coin that already has high interest. of course this will give us profits from these coins and buying Bitcoin using the DCA method of course this will be very profitable for those of us who cannot buy large amounts at once and if we can use the DCA method consistently then I think we will get big profits big too.

In this case you are right. People who have experience certainly really understand and are able to describe what will happen in the BTC market next and it will mostly be successful than what was planned.


However, if we come by adopting the style of those who have been successful in investing using long-term patterns, I think applying it like them would also be very good and if there are any doubts, you can share them in this forum.

Loses from investing in Bitcoin are very rare if one holds it for a long time. Investing for a short period of time can lead to losses as Bitcoin price corrections are often seen due to Bitcoin price volatility. so if someone panicked and sold their bitcoins at that time, the loss would be theirs. So yes, if you invest in DCA with the intention of investing in Bitcoin for a long time, there is definitely a chance of having a big coffee from there. and DCA greatly reduces the possibility of loss

That's true and usually the correct buyer for BTC coins works directly to buy, especially if he is proficient and experienced in trading or investing with BTC coins and if asked, will give a santa answer and seem ordinary, not like influencers who are too eager to describe something.


I agree with this thought and of course the risk is that we will also be the ones to bother ourselves with the explanation and of course we will receive many follow-up questions, one of which is why our ideas or assumptions are seen as not producing the results we previously conveyed to them.

Truly holding Bitcoin for a long period will certainly yield good dividends but there are some opportunity costs to be excluded. That is many people may think that if they invest elsewhere for such a long time they will get profits from there. There is no way to deny it. However it is clear that the opportunity cost of holding bitcoins for a long period of time is much smaller than this kind of profit. It is a currency that is very old and past statistics have always been promising. So investing in Bitcoin with courage will never let us down only thing we have to remember is never to panic.

This is what we know has bad influence and we have to be wise enough not to follow that kind of step. We can make in crypto through different ways and that should not make us to think that making money through Bitcoin is not possible. I am still taking my time to look for other means to make money just like many of us that are into cryptocurrency. There are many ways we can make money without doing something illegal. We need to be wise and make sure to buy Bitcoin and hold for the next bill run not this actually. Although this could be easy for people that have sufficient funds without having anything to do with it.

You're right i think using the DCA method is the best that's for those who don't have large capital to invest, but if you're using this DCA method before you know it you have accumulated a lot of bitcoin in your portfolio. However making research is very good because sometimes someone can give us wrong advice/opinion so in this case if you don't make research there's no way you can find out that the opinion that was given to you was a wrong one, this is why is very good to make research so that whenever time you seek for advice from people and they give you a wrong advice you can easily find out by making research.

This is obviously pretty obvious for a lot of trading, especially for a lot of people who don't have enough knowledge of cryptocurrency it wouldn't make a lot of sense for them to hold their investment, when they see that the market price is declining, for example, 20k$ would of Bitcoin drop to 10k$ worth for most investors that don't have enough knowledge they would probably panic and sell right away because they think that they just gonna continue to lose money, Right now Bitcoin was on pretty high market price around 69k$ which is pretty high enough a lot of newbies would probably buy because of the rising market price but easily panic when it drops to around 40k$. It is going to be a huge issue for them but for people who know what they are doing, they could easily hold their Bitcoin because they know what Cryptocurrency and Bitcoin are, and selling is not going to be a good decision.

I mostly advise traders here to do a lot of research because even starting to invest, if you think that you know what you are doing already that is the time when you could start your investment journey, If you know what you are doing your not easily get discouraged by the current market price of Bitcoin.

All I can say in this regard is that the guy who wanted to sell all his holdings in Bitcoin is naive about Bitcoin. Although the price of Bitcoin is a discouragement now, the reason for him to want to liquidate his Bitcoin asset is not right as well, he should have educated himself better. Maybe he will later realise his mistakes, or he will be the one who will be proven right, either way, time will tell.

Nevertheless, in my understanding, the halving is a Bitcoin tradition that happens every 4 years and it has helped Bitcoin to grow in price even as it attracts more adopters to the coin. But the halving is not an automatic means for Bitcoin to appreciate in price, it takes time. The guy should have at least learned about Bitcoin and halving very well before running his mouth in discouragement. Looking at the chart of the past Bitcoin histories in relation to halving would have helped him calm his nerves instead of deciding based on what he did not know.

In some past Bitcoin chart histories, Bitcoin only moved significantly higher in post-having effect after 7 months in some cases. So buying is not automatic, but at the same time, if one is cautious judging by the high price of Bitcoin, it may be a very good reason to devest. There is no need to stop anyone from doing what they want to do.

Bitcoin prices are not stable, there are times when they go up and there are also times when they go down. The main key to investing in Bitcoin is don't be reckless, don't be influenced by circumstances, for example the price goes down, don't panic. If you panic, you will give up your Bitcoin, so be patient and hold on to your Bitcoin.

That guy literally has no idea how Bitcoin and the market works that is why he panic sell though it is his decision and investment then yeah he has the right to do that but in an investment perspective he needs more knowledge about how crypto investment works so he would not be doing something like a newbie or maybe he is.
 

As a small investor I am not at all worried about the current Bitcoin market value. Because Bitcoin has had more price fluctuations many times in its history it certainly has some experience. There is also some story behind Bitcoin's steep price declines. Because impatient investors are blinded by the volatility and think Bitcoin is a scam. Although most investors know that the market bounces. But we saw Bitcoin go back to $18k and currently the price has risen to around $70k. So I think there is little reason to be worried about Bitcoin going higher.

Bitcoin has started a new run where we saw Bitcoin go above 71 thousand dollars today and is going to make a new price record soon. Bitcoin's upward trend since the beginning of this year shows no chance that Bitcoin will take another major correction. Regardless of the amount of money you have to invest, if you hold on to it, you can expect huge profits very soon. Bitcoin has not looked back from where it started this year. You just have to watch the market for now, if you can hold on to your bitcoin until the end of the year I expect it to cross $100k.

Those who have involved themselves with cryptocurrency or Bitcoin for a long time are not at all worried about the price of Bitcoin and there is no chance to be disappointed here. And it is far from thinking that it is a scandal. Those who have seen the price history behind Bitcoin will at least not be impatient with Bitcoin. The current price of Bitcoin is 66787 dollars but by the end of the year this price will definitely exceed 110,000 dollars. This is to say that if you are currently holding Bitcoin, it will never let you down.

You should not blame anyone who says bitcoin is a scam, but you have to understand very well that bitcoin is not a scam but people who is around and who is not care and ready to see Bitcoin as a sincere currency or a legit currency will think that cryptocurrency mostly Bitcoin is a scam, why when you go deeply to understand the procedures of Bitcoin you will know very well that bitcoin is not scam, the people who always bring up this kind of matter of bitcoin that bitcoin is a scam is people who always be in government or politicians, before I started investing in bitcoin even began to accept Bitcoin in my business, I have already made a proper research of Bitcoin.

As long as your holdings are with you, you have nothing to worry about because, as we all know, bitcoin does not have a stable price. This is something that people who invest in Bitcoin should be aware of because the price of Bitcoin fluctuates every second and is constantly recording new prices. The longer the investor, the more expertise he or she has gained, therefore for the past few months, the price of bitcoin has been hovering around 69-70k. and we are still expecting bitcoin to go higher when you are expecting bitcoin to go higher is when it will be coming down and it will go higher when you don't even expect it, and when it starts going higher it gives the investor joy.
 

But whether you just started or you are a long-time investor, when the price is not going in your favor, it will still get you worried because all your thoughts are going to be around when is the price going to go up, there is no way you are not going to get worried, you will always find your self checking the market except if you are into trading, the way traders live their lives is just amazing because if you want to be seriously into bitcoin, either trading or even holding, its not easy to be patient but you just have to take it that their is no other means the only means is going to be for you to be patient. just imagine those who have been holding bitcoin since, and they have waited patiently and by now they would have made their profit.

Currently we can see for ourselves how far Bitcoin has developed and there are so many enthusiasts who can take advantage of the benefits of holding their Bitcoin, but for some people who consider Bitcoin a scam of course they only hear from people about Bitcoin which is not completely true and they don't look for information themselves to be able to confirm how Bitcoin works and I think if they had a good understanding of this of course they would try to try to take advantage of Bitcoin like other people have done.

If there are still a group of people who still dare to say that Bitcoin is a scam as you mentioned above, of course they cannot benefit from Bitcoin as a cryptocurrency which is trusted by many people, both as an investment asset in the long term and can also be used as a trading.

Don't give your time and attention on them. They're going to get tired of telling that for most times. They're not going to benefit from it and they're not also beneficial to the community.

Bitcoin has been dealing with all of their bs for so many years and now, those that have even told her about being a scam is probably one of the holders nowadayts.

Those people will regret their wasted effort and time. Instead of holding and accumulating while it's not yet soaring to the prices that we're waiting for, they're doing all of these nonsense talks.

You can't force someone to believe into something. Thus, let them learn on their own time. Sooner or later, they will change their stance on this market. It is better for you not to shove on their face the facts. Let them realize it on their own time. It has been more than a decade that btc is in this market, so those who are calling it a scam doesn't know what he's saying. Later on, he will understand how he was so stupid of thinking such idea to this market.

It's not surprising that those who don't understand Bitcoin have even been disappointed by saying that, and also for those who think that businesses that don't have a physical form are of course legitimate, they think like that, but for Bitcoiners who already understand it, this is an opportunity. to gain financial freedom, because from its inception until now the accusations leveled at bitcoin have not been proven, even the government seems unable to stop it

Sometimes we don't need to listen or blame people who think Bitcoin is a scam, because it has appeared a long time ago when Bitcoin started to get a lot of people's attention and these people may be confused or don't get the right information about why Bitcoin's price fluctuates, fiat also experiences the increase or decrease in intention compared to other fiat but it is not as big as Bitcoin, and what makes people start to say or also think Bitcoin is a scam when the price starts to fall when people think the price will continue to rise. Not only is Bitcoin a scam, but the Bitcoin bubble is also spreading to people, not just those who work in government, and we shouldn't have to worry about this.

One of the main reason why people usually sell off their bitcoin is because of a lot of discouragement people usually discourage their fellows because of how bitcoin is so scary to them and maybe one or two issues that they have passed through or some losses because of the reduce of bitcoin or when the market falls a little bit and this the usually use it as a statement to understand much about bitcoin and secondly bitcoin is not something that you should be scared of yes it's a digital currency and you are not expecting it to be as stable as our local currency because a lot of market fluids is going in and out on it so it is always advisable to be come and with for the markets to go high if you find any loss in your portfolio bitcoin is not something that you think it is it is more than what you think it is a high profile digital currency that is leading to be a greater one tomorrow

If a few years ago someone called bitcoin a scam, I would take the time to explain it to them and maybe sympathize with their ignorance. But up to now, if there are still people saying bitcoin is a scam or a bubble, I think we should ignore and stay away from them to not let them waste our time. Many governments have legalized bitcoin, many organizations also openly invest in bitcoin, and Bitcoin ETF has been approved and announced worldwide, I believe that with social networks being as popular as they are today, everyone knows about that news. So, if someone still stubbornly calls bitcoin a scam, a bubble, it proves they are just jealous of us and the more these types of people should stay away, the better for us.

Bitcoin's like nothing we've ever seen. Undoubtedly, there are highs and lows. Stocks and real estate do the same. And Bitcoin's not about today, its about tomorrow. An online gold mine, not a penny stock. The future of money, cutting-edge technology, and altering everything. It returns control to your hands rather than the banks'. That scares some, yet the best things in life can often be scary.

If unsure, ask why you bought Bitcoin. Was the motivation to become wealthy quickly or your belief in the potential? Because, this is bigger than any of us. Changing the system and creating a new world are goals. Though difficult, it pays off. So, do your homework, get informed, and stay strong. As being a part of a change is more important than simply being rich. And that, my friends, is priceless.

Your informative presentation was very nice. We really have no choice but to be patient now while we hold Bitcoin but it is a very challenging thing indeed. We are really stuck on when the price of Bitcoin will go up and waiting for a good profit. Those who have held in the past few days have already taken their profits. The fact that the more bitcoins people hold and the longer they hold the more they profit is what motivates me to hold bitcoins.

People think the holding of Bitcoin is a challenging thing because their decisions are not strong and they are easily affected by the market changes. If their trust remains solid then they will not consider patience as a challenging thing because they will easily wait with a trust that it will grow further but time will be required.

Those who have invested at the worth when it was dropped to 26k$ are very lucky because they are in great profit while those who have invested below the rate of 60k$ are also in profit but the percentage of profit is totally dependent on the timing and worth of buying.