Bitcoin Forum

Each time there is a FUD around here and generally whenever it is time for dips it is the best opportunity that anyone can hope for.
you are either a long term hodler who can buy in these dips and enjoy the continuous upward movement (the green arrow) or you can be a short term trader who sells on top and buys back in the dips with even more money at hand having accumulated more bitcoin in the end.

https://i.imgur.com/9UZnkyJ.jpg

have been doing this since early 2015

Thats very reassuring, thanks for posting the chart. Sometimes we are inclined to be short sighted and forgetful of the past that a little sell down make us panic. A lot of people have made the mistake of releasing their coins only for happy buyers taking their place. Its their loss and this actually favors the price of BTC because they fuel the pump when they feel regret and buy back in at spot prices.

Those ''depressing'' sub $200-$400 opportunity's where indeed very nice  :D

Yes. It is just the ebon flow of what bitcoin is.
Just learn to embrace it's misgivings because you always know there will be a new dawn to the day when it will be where everybody will like where it is. Just a matter of time.

depression time for some but happiest days of some others lives.
i remember the day i opened up the exchange site and saw my low bid at $180 that i never even imagined getting filled, was filled!
it sure was scary for a moment but then every day that passed i became happier

Are you sure when there will be a FUD, bitcoin finds it down surge ? I do not think so. Because there are some people who are constantly FUD on bitcoins but I have observed bitcoin showed strong appreciations on those days.

But there would be no doubts that every dip must be an another big buying opportunity for those who had missed the train earlier or for those who want better averages on their buying side. I am long term holder and I never worried on any FUD nor any down fall. I am simply concentrating for saving more bitcoins with cool mind all the times.

An excellent view of what is going on. Bitcoin uptrend continues and losers, which only look at the short term, keep panic selling on all the dips. Smart money buys all the dip all the way up, but some people will never learn. Short sighted morons will kep panic selling and making whales richer. Long term holders will win.

BTFD

It is simple Fud are really helpful,if you see many posts what are forcing you to sell consider to buy,whan you see many posts what are saying buy,buy and bitcoin is on high sell.Always work for me,but the best is dont care at all

Well it never hurts to take profits when btc pops, and yes, you can always buy back, and pocket the difference.

I think BTC will trade in a range for a while.

This buy back idea had trapped me once and after that I was never ready to react for any FUD nor any negative news. I will just hold and watch the prices (only for some needs I sell bitcoins and I have never sold for trading). There will be no guarantee that bitcoin will get struck below $1200 nor above $700. But being a long term holder I am not worrying any of these.

Whether we like it or not, FUD keeps the market moving and allows people to enter the market at discount prices in case the price happens to sink. People should either come to action and start buying, or simply not do anything. It comes and goes, but the most important thing (which clearly shows in the chart from OP) that the price always recovers. It's of course no guarantee that it will continue to recover, but with the potential that Bitcoin has, it's dumb to react to all kinds of nonsense FUD and let them ruin your long term strategy when you sell in panic. Again, LOOK at that chart!!!

Every news which gets announced and forces the price to go down should always be seen as an opportunity for newbies to get some Bitcoin and for the veterans here to accumulate some more.
Buy the dips and keep cool! HODL strong and enjoy life in 10 to 20 years!!

in my experience, the best thing when investing in bitcoin is to become a bitcoin hodler :)
it is easy, you invest in bitcoin, move the coins into cold storage and forget about it for years. and during that time of waiting, each time you read news about price falling, rising,... and see the price you just laugh because you are in a huge amount of profit.

imagine if you have bought at $200 even with $800 it is still 300% profit and we are a long way away from that and it is already in 400% profit ($1000)

The above first sentence is very true. If it wasn't for FUD then where would the drama come from to move the hand that feeds bitcoin's volatile price movements?
Then were would we all be? At fifty cents from the very start of this journey into bitcoin.
That's where!  :-\

You are right man. If you see price of bitcoin for last 3 months the same thing is happening again and again. Bitcoin price increases and then at once a small dump comes and then again after dumping it rises higher than before, and then again a little dump. I am sure experienced traders are making lots of profits of this defined situation.

It took me some time before I realized this truth. I was a panic seller before but when I realized this pattern and believed that bitcoin price will eventually be really high, I started loving dips and FUD as well. It does not have to be a large dip, if the prices is down by 100, I buy immediately. I do not wait for a certain price level, just if the price pulls back by a hundred, that is my signal to buy.

obviously every time price comes down it is not because of dump or FUD but many of the occasions are.
for example when price goes up rather faster than it normally does because of a rally or something like that, there will be a correction and that is not a strange thing and you certainly can not call it dump. it is happening only because traders are taking some profit from the rally because they bought in the beginning of it.

I wonder how would a price go down without people dumping or selling their coin, unless major buy support is removed and that is very unlikely.  FUD is one of the strategy of people who wanted Bitcoin to go down in price so they can buy it at a cheaper price.  Whether we like it or not, FUD is the food of the professional traders.  They nom it for profit :)

The interesting question is: Was it that clear at that moment that the price would evolve the way it was?
For example, in the 200-500 "depression" phase much capital flow into Ethereum. What if Ethereum hadn't the DAO problem (the DAO could have been a success, do you remember the hype?) and seriously questioned Bitcoin's leadership?

I think cryptocurrencies as a whole are here to stay and will get progressively more users, but there is no "determined history" that will drive Bitcoin (as a particular cryptocurrency) "to da moon". It is possible that now is an opportunity to sell - for example, because of the stalled blocksize problem.

Well we do really know that there are hungry sharks out there waiting for the right time to buy bitcoin on its possible lowest price thats why those FUDS wont really be gone and its part on the trading ecosystem of bitcoin. Price would really do decrease specially if there are large groups would tend to sell of their bitcoin on a certain high price point.

This kinda ruined my day then...
The time I was considering buying Bitcoins was at the double spend attack when bitcoin's value plummitted in august 2015 to around $200 (if not below). I decided against it thinking it would fall further, it fell to $180 and then recovered back to $240 and has been increasing exponentially ever since (if only I'd bought just 1 coin at the start, I'd have made a good 400% profit (although then there's the problem as to when do you sell it)?

You haven't failed the community bitcoin :) green arrow got to me, this only applies to bitcoin though and not altcoins because in altcoins you need to be worried all the time, I know people sometimes fear they might lose their money but seriously bitcoin has shown that we can trust it.
It's the first artificial and digital with a decentralized network that guarantees price increase over time, even the most powerful companies could lose their share's value for instance Nokia did you see what happened to them?

Just don't wear a "Let's make bitcoin great again!"
or you'll be mistaken as a Trump supporter and be pepper sprayed in the face.  :-[
http://www.razor-forex.com/2017/02/woman-pepper-sprayed-at-berkeley-riots.html

These days it is very hard to distinguish which informations are relevant and which are not, and people start panicking and creating chaos. Informations are interpreted on wrong way in medias, wich ary hungry only for a bloody stories. Knowing this it is best to turn-of PC when fud starts. This opportunity is not for everyone.

Oh well what do you expect from news and medias.  They always sensationalize their piece to the point of exaggerating it just to get people attention.  Sometime headings does not say the content of their news, just to get those looker to get hooked and read their story.  But  not all browsers read stuff, most just read the headline and jump into conclusion (it happen frequently here, read the title and post without reading the body of the title lol)

As of FUD stuff, do not turn off your PC, this is the great opportunity to Buy Bitcoin because it is going to go down in price.  Monitor the BTC price movement and take the pie of the BTC of those weaker hands when they decided to sell their BTC due to panic.

in my experience being relevant and being effective on the price are two different things when it comes to speculating about bitcoin price.
sometimes even the most irrelevant news which you can swear they have no effect on anything can cause a price change. and some real news about some stuff that should change the price, don't.
in the end it is a combination of news itself, how it is treated by the media and the time that if the time is right anything can become a big news.

Problem is in those who controlled vast amounts of BTCs thay manipulation it on every exchange, and they forming price. Demand and Supply have nothing with this at the moment. They can control price and relevance of news.. Manipulations are best way for those who are rich to become even more rich.

It's depressing as hell ><
When I think there was a time I could have bought coins at 200...
And I barely bought one coin!!!
I regret that so much xD
Should have sold my damn house at that time!

This does not need to be true. Because when I am having more number of bitcoins, definitely I will work for price appreciations and there will be no room for FUD.

People who were missing earlier opportunities only must be spreading negative things. But some news were solely due to government polices no single person would have been responsible for that. But like OP said, if we get practice to buy back on every dip and making use of these fluctuations then there will be no need to worry.

It's going to be fun when the idiots waiting for the big crash stay on the fiat side hoping for the cheap coins that never arrive. We will be at $2000 and they will still be FUDDING waiting for a big crash to get in. Those idiots will never leanr to buy the damn dips.

The uptrend seems to be pretty evident over the medium term. If you are sitting on a pile of cash, it is better to convert it to bitcoins as quickly as possible. Those dips might present opportunities later on, but today is as good a time as any to buy.

Correct, price dips should not be seen as a setback rather they must be seen as a short time opportunity to buy more bitcoin with a discount, if you are a long term holder then this will help you to get more bitcoin for less, if you are a short term holder then you will be able to profit faster with your bitcoin holdings.

it is over the "long" term not medeum since it is for the past couple of "years" and yeah the dips are always a fantastic time to buy bitcoin and each day that passes the opportunity goes away. for example right now price is $1025 and we don't even know if it is going to come back down ever or not.

I don't know how someone can stay calmed when dump starts, and all of a sudden you are bombarded from every source you watching with terrible news.. Im mediocre trader still learning, but how can you know that that is not 500$ dump or even lower? Everything looked like going back to beginning!

It's quite unlikely that it'll fall too low unless there's a problem reported here or github (or other sites) that state there is a hack and the hack has been proven to do something that damages how Bitcoin functions.
Those are quite unlikely currenty, though they could still happen.
If that isn't the case, then it's likely it's just a dump and someone will buy back the coins and get the price back up again (unless everyone panicks like you do and sells all of their coins immediately - because then there is quite a problem to the ecosystem).

it is a valid concern and I am not pretending that I don't have it. but it is all about chances of different things to happen. and also it is the experience of knowing what can affect bitcoin price in what way and by how much, and then is it really serious or temporary dump to get cheaper coins.

for example when you hear bitfinex exchange is hacked, that news is obviously a dump chance to buy cheaper coins because it has nothing to do with bitcoin and its adoption and the price rise. so obviously it is temporary.

when you hear Mark Hearn spread some FUD because he is leaving bitcoin and going to work other places to make money, you know it is good chance to buy low price coins (I think it was $400)

or the newest one about the China and the regulations! it is obvious that the news is telling something when reality is something else, specially when you look at Chinese volume in other places such as localbitcoins that have gone up a lot.

and so many different things. add to it the fact that there is very limited supply of bitcoin and there are lots of people in the world who want or will want to buy bitcoin at some point, and you get the future possible price in long term. https://bitcointalk.org/index.php?topic=1790863.0

There are lot of differences between just FUD and impacting incidents. If you fail to differentiate them then no one will be able to help you regarding your worries on bitcoin prices. The real negative incidents are always impacting bitcoin prices and we need to bear them if we are a long term holders whereas FUDs will not sustain for one or two weeks and markets always witness a bounce back in quicker time.

Both investors and adopters of bitcoin need to concern the FUD, but the history has showed that we need not to bother them. Still if we bother, we can use them to buy back more :D

i'm with you, i'm also panicking when i see a big dump, not if i see 10% though, but if the dump is caused by a bad news i know that it was because of panic dumpers, and sooner or later the value will recover in time, otherwise i take the decision to sell a portion of my money

When everyone expect price will be $2000 tomorrow and no one expect Bitcoin price might fall down, those are most likely moments when price will really fall. And fall a lot.

Then i guess the time to buy is ALWAYS when i'm around ;)

http://i67.tinypic.com/11tst3r.jpg

We dont need to worry about FUD since those who sell when they spread are the weak hands, trying to dump their coins thinking it is bitcoin's end. Well OP is right, even if there are, let's love it since it is good for short traders who sell high and buy at dips ending with more bitcoin or for a long term trader who can buy cheap bitcoins every time a dump occur. So all in all it is a win/win for many not only for those with weak hands though.

my gut tells me a new wave of FUD is going to hit us pretty soon. it is the perfect timing too, there was a big rise and everybody made lots of profit and with all the misinformed newbies about ETF we can see some sell pressure pretty soon.
I am guessing a correction to $1100 can be possible. better go to my bank and get some fiat ready :)
https://i.imgur.com/J9jP2xW.jpg

oh I forgot to update this one :)
I would like to thank my gut once again for alerting me about FUD, I wish it was correct about the bottom but nonetheless the FUD came and gave us the $888 bottom to get ready for the $2000 rise.

https://i.imgur.com/Ss9hUMl.jpg

my gut is silent right now though, I will keep my ears to the ground though ;)