Bitcoin Forum

Literally articles are flooding saying the bottom isn't here etc etc.

The FTX thing sucked, but Bitcoin can only go so low with the amount of support it has and how integrated it has become with the banking system.

Stop the FUD.

EDIT: For those of you who seem not to remember what FUD stands for:

Fear. Uncertainly. Doubt.

It's not surprising reading the stereotypes about bitcoin because of the fall. The media outlets which are just enemies of bitcoin will find any chance to attach every exchange or crypto bad news to bitcoin. They feel it could discourage people out of it.

This bear market is another opportunity for new investors to get a good deal of bitcoin at a cheaper rates and to also test the patience of the already existing investors


Personally I don't see bitcoin coming lower than 15k although I think the bear markets will take longer time than we expected, because of the inflation happening and the looming recession talked about. If you check the immediate upsurge after falling to 15k you will see that it cannot go lower than that

New investors usually don't buy during the bear market as they are too afraid, and probably think that bitcoin is going to die and instead they will join us when bitcoin starts pumping again. Those who are buying are an experienced investors who already went through bear market and know how good of an opportunity bitcoin is at the moment. You know what they say, "everyone buys bitcoin at the price they deserve".


Since bitcoin already went close to 15k, I would be very surprised if it doesn't go below in the upcoming days. Thing is, I don't think that we are out of the woods yet becase fall of FTX might bring few other names down. Either buying, I already started buying (bought more bitcoin at ~~15800 last night) but I won't go all and will rather wait and see how this plays out.

You can't stop the FUD, there are entities even in this community that does that, to create fear amongst us. It's the question on what will be their motives? maybe they want to buy cheap bitcoin? or just hated it that they want bitcoin to fall.

Anyhow, the FTX and the whole crypto market is a messed, but nevertheless, I think we can all recover from it. Just stay calm everyone, on the contrary, it could be a perfect time to accumulate. Remember that we have the halving in 2024, the catalyst for a bull run, so it's better to stack sats when they are very cheap right now at $16k. For sure when we look back, we will say that we survived this dump, just like we survived the Covid-19 crashed.

And even if we hit $13k or lower, it's not going to be the end of bitcoin, it's too big to fall. And you have to realized that the current dump is not by bitcoin's doing. We are just affected by the FTX drama, so somewhat a collateral damage like when the Terra Luna crash as well.

As for the FUD, never mind them, just for the record, according to them, Bitcoin has died "X" times already:

https://99bitcoins.com/bitcoin-obituaries/

If you are just new into this market then better get used to events something like this which isnt really that something that could be avoided on a very speculative market something like this.

Anything could happen whether its a fud or shill on the market and on the time that you do have experience or awareness of this market then you would definitely be able to spot out on

what are the things that you should gonna do.Wandering around and seeing lots of people saying about 14k or even more lower price? Not surprising.
Base up on technicals then probabilities are  there but we do know that they arent 100% precise.So assumptions is still common.

This is actually not a FUD as the price reacts on that and the chart also tells the possible worst scenario with Bitcoin. There’s a panic when it comes to price prediction but if you are a trade and know how to analyze the chart,  you can tell that there’s a possibility for that price and it confirms when we failed to break the resistance again last Month. If Bitcoin will not hit that price the better, but then again its advisable to always be ready for the worst and know what to do when we hit that price to avoid any panic.

You must be new in this game. Bitcoin absolutely can go lower. Historically we are not at the same level that bitcoin can sink to during a bear market. Undoubtedly there will be be buyers lower but there are many weak hands who could still capitulate. Another insolvent exchange or regulations by the US could send us lower. The worldwide recession becoming an economic depression could flood into bitcoin too. In short we can go lower but it’s only temporary because new highs will come in a few years. Buy the dip if you can.

The FUD can't be stopped. Just as bitcoin is here to stay, the same goes for the FUD and it's also here to stay. But, we have already able to cope up with it and most of us that have been long in here can easily ignore that.

But not each one of us can totally ignore it because many from the newbies are scared of it and they can't just help themselves from ignoring it.

No matter what the FUD is, everything will recover just as how bitcoin recovered in the past bear markets.

People will try to talk down BTC for as long as its a feasible profitable trade.  Right this moment Dollar is weaker, just in time to save BTC a real beating from a bearish market, instead its seeing some reversal in expectation due to event news around inflation figures.   How long that lasts is not known as its purely speculation on easier FED moves, the Dollar index moved 1.6% just today which is big enough to help buoy the prices up of most assets I think.   BTC still has buyers with weaker currency, so I think it'll always have some opportunities available in that case.

https://talkimg.com/images/2023/06/12/AIUd3.png

Anything related to cryptocurrency will have its impact over bitcoin. This can happen on the positive as well as on the negative side. Now things are more to be on the bearish trend. The market of bitcoin is supposed to move high during the month of November - December. For time being the price took off and experienced massive crash over the days. The problem haven't come to an end or got a solution. So, there is more chances of downward movement reaching $14k in the upcoming days.

Most likely you are right, Bitcoin is already recovering again and I wouldn't be surprised if we see 18 / 19k USD again in a few days.
But I wouldn't rule out more bad news following from FTX upheaval. Maybe Tether will finally become an issue as it has be rumored again and again. But since is didn't result in any bad news it's probably a news like "yellowstone will erupt soon" while it doesn't happen actually...

However, I'm bullish and expect to see Bitcoin rising at least above 20k again in December.  :)

Don't panic...!
Buy the deep and HODL BTC

I expect that there will be a second wave of Bitcoin's decline to a new low, but nevertheless, there is no need to be afraid, this is not the first time. The FTX incident is not the first and it will not be the last and Bitcoin has overcome all of these incidents, every time there is a strong decline of Bitcoin it is a good opportunity to buy and accumulate, the bottoms are the favorite areas of whales and the smart man does not let this opportunity miss because it may not be repeated in the near future, I I'm not worried at all and I believe that it won't be for long and that in the near future we will see new peaks for Bitcoin.

You must be lost, this is the speculation section.

Whenever someone starts a sentence with "you must be new" I stop reading.

Stop the FUD.

I said I "doubt" it will go lower. People like you shouldn't post at all, just spreading hate and ignorance.

I'm thinking the same, we are still the middle of this bear market, we have 2023 and couple of months of 2024. So there is a big chance that the price will continue to decline and maybe $13k? or $10k in the horizon.

But as you have said, opportunity doesn't come that many in crypto market. So whenever we see it, just like the recent decline, do not missed it, at least buy some and so that you can tell in the future that you take the opportunity and advantage of that spiral nosedived.

If we already know Bitcoin for at least 2 years, we will understand the current price pattern, things like this week have often happened and most people panic and sell and then a month he said regretfully because of panic, for those who have profit goals then making the price of drop is an opportunity good for buying.

It actually IS FUD, if you believe BTC will be fine and that BTC isn't FTX.

Spreading FEAR UNCERTAINTY DOUBT = FUD

there is no one that really cares about these things ? maybe there are weak or newbies but we are years enough to learn what is bitcoin and what is this all about? maybe we  will just feel a little disappointed but the whole thing is that Bitcoin will recover in the future  , maybe not that soon but eventually , bitcoin may fall to 14k , but for sure? there will be another increase in the coming months , or maybe this December who really knows?

This is not the first and not the last drop in the price of bitcoin, and not the strongest in percentage terms. Bitcoin has already been buried many times, but this never happened, moreover, the reasons were more significant than now. So, this is not a reason to panic, but a reason to buy. The only question is when? Either now or wait a bit for more attractive prices. Don't be fooled by the opinion of the majority in plan FUD, but act in your own interests.

Easy to get information so it makes everything transparent, when there is a negative issue in 1 exchange, it makes all investors afraid because it can occur in another exchange, this is like a chain effect so that a large surprise occurs and makes the price that rises slowly can drop in a short time. And certainly panic will make us regret because we cannot make the right decision.

If we are talking about the bottom, the bottom may be in. And what is happening now is due to the pressures of the sale because of what happened with FTX, and therefore we can say that once you end this chaos, the price will return to the previous levels of stability at 17k to 19k.

So if you think we will go to the levels of 14k or less  and given the current circumstances, you will wait a lot.

It is not FUD if there is a possibility. It just depends on the audiences on how will they react to that possibility. If they would panic then that would be the time it would be called FUD. But if more people will take it lightly, it won't be a bad thing. Bottomline is to spread awareness about the nature of this industry. Downfalls are just normal and is nothing to be worried of not unless the money you've invested is an amount you cannot afford losing. The fundamentals of investment. The reason why FUD became FUD because people are lacking knowledge on how investment and this industry in general works.
Other investors would be even excited if ever the market value reaches such point because for them, that is a huge opportunity to invest and let their money rest with it. Things are simple; if you cannot endure seeing the market, then sell and quit.

There's no need to feel bad about what's happening to the FTX exchange right now, because everyone who owns cryptocurrency assets and isn't related to the FTX issue can still be patient to see much better prices on Bitcoin as well as in other cryptocurrencies.

So there's no need to be annoying just because of the problems that befell FTX because the exchange has clearly suffered losses, while other parties who are not tied to the exchange can still use another time to recover the amount of money that has decreased as long as the amount of assets is still the same and does not decrease.

The question is who spreads FUD or in other words the news is not true? And you're stopping anyone on this, because I personally only trust well known sites to view and read news and that too there are some other sites that are also better on the internet.

I believe the market will fall further, if not for FTX reasons, there are other reasons. We are in a bear market and the sharks are looking to reset the game before entering a new bull season. It has happened many times before, don't be too convinced that the market depends on supply and demand.

I am not panic at all becuase my faith in Bitcoin is unshakable for its long term prospects which are very bright despite bearish run which is going on since the beginning of the year. The FTX turmoil gave enough hammering to crypto market but i think Bitcoin has already seen the bottom and hopefully it won't slide down any further, it is likely to stabilize between 16K-17K  in coming weeks before it starts upward journey. If FED pauses increase in interest rate,we might see huge rally before the end of the year.

If you look at kucoin

they have

344 million in btc

but 2.2 billion in

usdt
usdc
kcs
eth

all of which are pos junk with zero backing.

so yeah we could do full crash under 8k

although my gut says 13-14.

You do realise posts like yours only serve to heighten the FUD. Cause I'm not seeing this flood of articles talking about a bottom yet to be seen, and I do get around quite a lot online. Something tells me you see what you want to, in your case ;)

Personally, I like FUD. Squeezes out all the would-be Bitcoiners, the speculators who don't own a single satoshi, the crypto bad actors. Clears the way for Bitcoin to march on.

Personally, I have already become indifferent because I know that I can't change anything because people behave like a herd that is very easy to convince of any stupidity or steer in any direction. The only thing I would like to see is that the characters behind everything (Kwon, Bankman) end up in prison and banned from the Internet for life - but as someone once said "donkeys will get wings before that happens".

This is a speculation board.

Still doubting we see 14k btc and thats obvious my opinion/speculation.

Something tells me its actually you who sees what you want to.  ::)

Very closed minded.

Liking FUD is idiotic.

I expected we’d see $13K at some point in this bear market so I think things are holding up well after this black swan event. All eyes are still on the US government BTC auction, the ETH2 coins being unlocked, and mtgox distributing their coins as this latest crisis ripples through markets. I wouldn’t be making crazy long bets here, but I think the bottom is close. You just need to close your eyes for the next year.

It's all herd mentality at play! When someone calls in the bearish move and the masses follow this market prediction ...the drop does happen unfortunately and these articles aren't helping either!

First we had mtgox now we have Ftx, why do I get this impression we have these bad players working against crypto for their own benefit... Is this a late anniversary present for us  ::). And I have to agree with you on support being available at certain lows which price can't exceed as this is were the true btc supports hold their ground... but with price being at its lowest after a long time it certainly will bounce back to being bullish in no time.

FUD is a double edged sword, it can make or break our markets its about how it's used.

Its already not doing that bad if you ask me. I mean sure it could have been doing better right now, we could have been 20k+ and even reach 23k by this time because we were going up a bit. However, all things considered, we went through such a rough patch for the past year, and we had so much bad news, and right now one of the biggest ever exchanges in the world went bankrupt and the CEO resigned and was questioned by the government agencies. When you consider how big of a deal that is, it's really not that shocking that we went a bit low. But even with such a huge news, we didn't low that much, we were already seeing 18k or so time to time, so we just went another thousand down and close to 17k right now, maybe a bit less.

Too many people just worship these guys so easily, idolise them, put them on pedestals. It's crazy to see how many people are still defending Kwon, and SBF, easier to blame Binance or other things that didn't go their way. People prefer to pile on the hopium because they got caught with their pants down cozying up to these bastards.

Know what's pointless? If they go to prison, it'll just be comfy white-collar ones where they can write books, get even more famous, have lovely chats and work on sympathy. Is it sad these crypto bad guys won't get the punishment they deserve?


Please continue speculating! I contribute my own to this sub-thread too, it's the most fun part of the forum. Just saying, the irony is these kinds of threads actually exude FUD.

Oh and no need to edit your post. I'm not easily offended, say your worst, really. I'll be fine. Peace.

Currently the price recovery process will be great if more and more people are optimistic about the future of bitcoin. I have a feeling most people would probably be willing to wait for bigger news before reinvesting the big bucks in bitcoin, but for the optimists then surely now is the time. $16.8K is the current price or -75% of ATH, I believe this as an opportunity but may need to think about some strategy like DCA.

About the end of December I think $20K is very likely regardless of the various FUDs currently circulating. I believe investor optimism will get better and the market will soon recover to at least be above the 2017 ATH.

But I think we are going to wait for a couple of years before we see a real recovery. All these jumps to $20-22k means nothing. Remember, Bitcoin price was almost $70k, and when I see people calling few thousand gains and start talking about recovery, makes me feel sad. Trust me, there will be more price drops in future, soon weekly $500 gains people will consider as trend change and be more than happy about it. I believe we would see more or less significant changes only when there will be more stability in economy and understanding in tomorrows day.

I think waiting for positive trend news for bitcoin is usually a bit of a panic and awkward person so he needs a breath of fresh air to see the news properly before investing in large amounts, but for me waiting for big news it will waste our time on low bitcoin while this is a good opportunity at $16k it's the right range to buy and enter as much as possible and surely a recovery will occur in the next month for bitcoin but I'm not sure on altcoins even though ETH and BNB are below them.
FUD will definitely continue if the FTX drama continues to be discussed in various media, this worries many investors because their funds are on hold, but remember that investors with a good mindset will take advantage of the opportunities that exist before the bitcoin price rises again to $20k in December .

That's likely, but actually we're still very likely to jump in and hit more resistance above $20K next year. I've never had any doubts about the great potential of bitcoin, over time the price will come back strong and the demand for it will only increase. Even if I'm actually a bit panicked, but the positive side is that there are new opportunities to increase the current portfolio.

A drop is always possible, but I'm not thinking about a severe dump. So even if today bitcoin has discounted its price by almost 80%, but the cycle will very likely repeat itself especially as the halving draws near. Yes now it may be a tough time, but next year anything is possible and the market will come back strong.

Whenever something happens with the market, it used to generate panic among the common investors. This is the reality with the market participants. Some of the users who have used to it will find it an opportunity to make revenue. Right now leading exchanges into disaster will surely create some fear.

The market progress have slowed down. Right now we need to find ways to keep our portfolio stable as any form market moves could happen in no time. Experts predicted for a price down to $10k, which could reach atleast $13k - $14k.

Of course, FOMO has proven to be very reliable for Bitcoin, causing a bullish sentiment, so we have a good chance to see some FOMO sometime later again which will send Bitcoin to da moon.
Were are in a very important situation right now and if no significantly bad news come in, Bitcoin is likely to keep recovering.


Yes, many people are still having fear and are waiting to see if the bottom is in. If such people can get confidence again, we might see 20k very quickly again.  :)

Someone who constantly offends people must not be easily offended.

Peace.

It is true that market is still in havoc caused by un-anticipated crash of FTX and people are afraid that crisis could spill over to other exchanges. This is the reason investors are reluctant to take entry despite the fact that current price is very attractive, and it seems that bottom is already in. Let's watch and wait how market plays out in the US in the evening which is likely to set the direction for coming days. DYOR

There have been rumors surrounding crypto.com and most likely the next fall after the death of FTX, things will not stop here anytime soon. AAX also just announced that it will suspend all transactions for 7-10 days to check all and restore user accounts. This is a not so prominent exchange but it has a trading volume in the top 20 on coingecko. I believe there will be a domino effect in the coming days.

The market is starting to reset the game before starting a new game in 2024, it is too early to expect a recovery from now or until the end of the year. The death of FTX is huge and there will be hundreds of other bad things to come.

I don't suffer myself 4 bitcoin price because I know that device is something that will increase anytime you feel like to increase because some people now who is new into cryptocurrency are the one that is scared of Bitcoin price we're having experience is for long time and know that this is how become price is all about

Even if you get very positive news about bitcoin, you still need to verify it yourself. Bear in mind that there have been times when I have seen a fake uptrend that lasted only a short time this year, so make sure you account for everything if waiting for the market to recover before investing.

Not really right, I think you need to be patient in terms of investment if you want to buy at a better price. Remember that DCA is most helpful to anyone looking to earn more bitcoins during a downturn. So regardless you believe this is the right time, using DCA will complete it for you.

No one guarantees $20K in December, so never convince anyone of that. But If you believe $20K can be reached by the end of December, then prepare yourself from now because you might make a profit later.

People like us, who know what to do when the price goes down, will not be losing any money during this period. I mean it is obvious that there are some people who end up losing money during this period because they end up selling all their coins, but the reality is that selling all your coins right now means that you are accepting defeat, and you are just going back to your corner. People who know what they are doing will end up with their hands up in the air in the ring and keep on fighting, buy more and more and more in order to do DCA during this period and then end up with a good profit when the bull run comes because they know what they are doing.

Panicking in cryptocurrency is one of the things that make some people to lose their coins or fall into,  the process so it is better for you to hold on until the market normal, because everyone knows that cryptocurrency have a system of regulation so which no one can know about it or control it

Experienced investors & traders don't get panic with what is currently going on in crypto market , it is normal behavior of Bitcoin & we should take it easy and believe in this precious asset which never disappoints those who hold it with patience .  Bitcoin has been undergoing many crashes and rallies since it was launched and I believe it will continue doing so in coming months & years until crypto marketcap reaches a reasonable level (10 Trillion and above) when it won't be easy for any whale to shake the whole market easily.

Unless something happens to Binance or Coinbase, we are good guys. :)

If something were to happen to those two..................................

All bets off the table.

Panic for some reason is a very natural thing because it is about causing loss, but if you panic for no reason and are just afraid because of what other people say, I think it's very unnatural because normal panic usually happens because something is going on in the market and it caused a lot of harm to everyone. The case of FTX is a very basic example of this because there are so many FTX users and when panic arises, it is clear that almost everyone feels it even though those who panic often use other exchanges.

That's what has been happening to people even though they have joined crypto for a long time. Every time the bitcoin price falls, many people panic and are not ready to see it and immediately sell bitcoin without thinking that the bitcoin price fall is only temporary and they don't need to panic but prepare the money to buy more bitcoins. They may need to learn how to control themselves when they see the bitcoin price slide so they don't panic and even see it as an opportunity to buy bitcoin again.

If this going to come (but i doubt it will) then maybe it is better to use this for chances in gaining more, i am still believing that there are ways to make money here and that is to buy if that deepest market come.
I knew also that Panicking is part of the system and if  there are no panic then there will be no gainer.

Panic easily causes a lot of selling not just in the cryptocurrency world. For example, a simple tweet about a pharma company that might experience problems with some drug component could crash the share price by more than 30%. Likewise Elon Musk could manipulate the price of DOGE, or say for example that Tesla will sell all their bitcoins, which could further affect bitcoin. Panic is a good tool for the whales who use it to their advantage.

I don't really see reason why people will panic over a property that they own and have access to it anytime day so far you have the keys to your wallets, Bitcoin is just like owing a property for instance land , you buy land today and wait for it to appreciate in price or value in the future, so why don't we just stop looking at the price today ( stomach the price volatility today) and focus on its price in coming years. This will relief investors/traders from a lot of pressure with current price.

There are plenty of ways to make money from the current price. It is obvious that people who make a ton of profit all make from buying at these low levels. All those people who got super wealthy during the last bull run, did so by buying before that bull run. You cannot just buy bitcoin at 50k and sell at 68k and think that you could be rich, that’s not how it happens.

You buy bitcoin at 4-5k and sell at 68k, those people are the ones that got rich, that turns 1k into 15-16k and if you invest that into 3-4 other altcoins like eth and bnb when they were going up, that turns it into 100k and you buy a house with it and you rent it for 2k dollar per month and for the rest of your life you never have to worry about money ever again.

Agree. It depends on the issues or news around crypto. If the issue of the bankruptcy of exchanges like FTX continues, we might see crypto prices drop further. But if the issue is over, then the prices of crypto coins probably increase again gradually. Issue/news has a crucial role to determine what trend to happen lately, the price recovery is likely to rely on the issue/news.

People become worried about the safety to use exchanges. If more big exchanges have the same problem as FTX, people may lose their interest to invest in crypto. The demand on the market will decrease massively and the price will be difficult to recover to $20k in the near future. People will be confident again when they are sure that CEX is safer enough. And they realize that there are many DEX to be the option for safe places to trade their assets.

Its normal because we are just humans which it is really that common that we would really be making out that kind of reaction whenever you do see the price is declining plus seeing negative things

or news around which you do presume that it would make things even more worst and this is really something very common to happen.Whenever there's a decline then there's always a recovery.

We cant make out conclusions whether the market would dump or not even further because its always been unpredictable.It would be always basing on community support
and recognition on whatever conditions that they are facing on.

Its easy to create conclusion after all of things happen while if we are there while dump happening for sure we cannot feel relax seeing how fast the dump is. Also we will get panic especially we bought our coins when the price is expensive and we think that it will not dump. So since this incident happen maybe we need to be more aware of possibilities and if we have extra cash we should buy those stable alts to prepare for something good to happen since we need to buy once the fud start cooling down for us not to miss the great recovery to happen.

That the FTX debacle will affect Bitcoin's price is no FUD. So it is a possibility that the price could indeed fall down all the way to $15,000 because of the effect of FTX's bankruptcy.

This will have a big effect on the market because FTX shutting down doesn't just mean an exchange has died. FTX is one of the top crypto exchanges in the world and it has so many arms. All of them are facing bankruptcy. Since FTX and Alameda are big crypto institutions, it is expected that their fall also means the fall of other crypto companies and institutions that have big amounts of money kept there.

This will even affect those crypto companies that don't have funds in FTX but FTX owes them.

Yeah it is for you to believe but lets admit that we cannot blame people to feel like panicking because of what is the movement of the market now, there have been pumping and dumping happens here.
+1 for your comment here , panic will bring chances for others to profit but the problem is that more on manipulator that makes money here.

It is indeed FUD. Remember what it stands for.

It already hit $15k and then went back up.

Now exchanges are showing public proof of funds they have.

Finally!!!!

FTX burning to the ground starting to have a reverse effect on crypto -- a good effect.

It is about time.

https://i.postimg.cc/nzcL16Kf/A-FUD.jpg

But if we have often experienced something similar or almost the same, at least we won't overreact because we have been trained to deal with it so we won't panic or worry about the situation that is happening. Panic for a while can still be normal for a moment because we don't know what will happen or don't predict if it will happen and after that, we will calm down and think about the next step.

And the decline this time will not last forever and will end. We must survive until the end because we have decided to join crypto.

No sure what you mean by manipulation, I doubt that someone manipulated the fall of FTX, it's just the market is really uncontrollable as this point, it's very volatile and we don't know when people are going to withdraw and have like a bank run.

So as far as $14k price, it could still be very open, we have seen the price going down to $15k so what are the chances not going below that?

And what are investors going to do if they see the price at $14k? right, that is the best opportunity again to stack sats.

Anything can happen in crypto market but we have to carry on. We have to face many challenges because earning from crypto isn't an easy task. Market will be recovering soon and we have to wait for this time. Yes, cases like FTX can be occured again and this can hamper the progress. But market will start to rise again by recovering such conditions.

I know what FUD literally stands for. But that's not what it really means. FUD is more like groundless fear, uncertainty, and doubt. It is associated with baseless rumors, fake news, false allegations especially coming from a competitor, or anything that instills fear, uncertainty, and doubt without basis.

But right now, things are actually happening. These are not mere FUD. These are real tendencies or possibilities based on what's actually going on with some of the largest players in the market. This is enough to shake the whole market.

Nope. FUD literally means spreading fear uncertainly doubt. You can try to redefine it all you want to fit your posts, doesn't mean its true.

In fact, panic is the main weapon often used by whales when they want to buy more valuable assets in the market, but it will only affect people who still do not understand and also lack experience in reading and seeing certain situations. So that it is so easy to release existing assets into the market without any consideration. And usually when panic arises for some people, they also often experience the fear of losing more money through the decline in the price of their assets, so they choose to sell.

Only for those who dare to take risks in the world of crypto, who know who dares and don't hesitate to speculate.

For this reason, it is highly recommended for crypto users when situations like this are prioritized to buy Bitcoin / crypto with cold money, in principle, many crypto users are taking risks to speculate on crypto at this time, I'm sure many are taking a chance in the current situation, whether they buy Bitcoin or invest for a certain period, even though what they do is uncertain in the future.

Bottom line: anything can happen in the crypto market, without the knowledge of many people in general, what will happen in the future, for that having principles and beliefs is very important at this time, to avoid panic.

As a spike down at least I do expect to see a final low.    The price action since the recent sell off has more sideways then a proper full recovery.  Its staying inline with 2 day average but if we continue I think it gets pressured to check price action below for support and confirmation before rising.

We won't panic about the situation because what we store and hold is Bitcoin.
We are not worried about the current Bitcoin price because the current situation is part of the market activity.
Now the price of Bitcoin is still at $16.6K. With the various narratives that have been born from people experiencing panic, I invite you to return to the market in the next few years. We'll see what happens.

Without further ado, this is what we have to do.

Panic attacks are natural for those who don't invest with cold money, I mean it is a type of capital that has been considered exclusively for investing or trading without any other purpose. The panic of the traders was not a weapon for the popes, but it was a kind of opportunity for them to acquire assets at a discount. Panic is common in the market because people don't want to lose, but it is an advantage for others who have good financial strength to buy low.

I wouldn't necessarily blame those who panic when the market corrects, but it may not be good for those investing long term.

Bitcoin has gone a long way for its community support to go low. This kind of online propaganda has been encountered on several occasions in crypto advising people to stay off from bitcoin. At the end of it all, bitcoin will take the lead and prove all the findings wrong.

Be used to this fud. Shit does happen in crypto, to test your fate in crypto. whether to learn from it or teach you a lesson

FUD literally means spreading fear, uncertainty, and doubt that has no reasonable basis at all. That is FUD. Otherwise since the whole crypto market's volatility incites fear and its future is always uncertain and therefore something to doubt about, then the whole market is FUD? That is wrong.

FUD is when you spread a rumor that Bitcoin's price is going to fall to 0 because of what has been happening. That's what the likes of Peter Schiff is doing. That has no logical basis at all. But it is not FUD to say that Bitcoin is possibly going to fall to $15,000 because of the repercussions of FTX's fall.

Agreed, I do not really like that anything other than a positive prediction for bitcoin is somehow now FUD, markets move in cycles so there is nothing wrong in saying that since bitcoin is in the downward part of its cycle and there are many events which are affecting the market in a negative way then the price of bitcoin will go down on the short term.

This is simply common sense and it should not be regarded as FUD, after all if something similar was happening elsewhere I would think the same about that market.

You're right. Panic is in anyone, depending on the size. It is impossible for us not to experience panic when we see coins that are considered by them suddenly no longer have a price and even go bankrupt. Usually people who experience panic in the decline in coin prices are those who have just joined crypto trading activities and do not understand what kind of coins are good for investing.

There is a possibility that you will regret the decision after you sell, but you have the right to decide whatever is best for you and your financial condition.

I tend to advise you to hold your bitcoin long term instead of selling during this downturn.
Remember, right now the market is not doing well but the market will recover. You won't lose bitcoin by holding them, but you will lose bitcoin and lose if you sell them during a downturn.

Better not.

You wont lose nothing unless you do sell, even if you've been able to buy when its still high and then the price dumps down.Then you could always choose up on having that DCA
strategy.Dont make or let your emotions do control over you and made out sell even its not really that obviously worth it on doing so.This is why its always been recommended
for you to invest on money which you arent that needed or simply your life savings or emergency funds.

You dont know on where this market would be heading and if you do go all in, then it would really be normal to have this kind of reaction on these kinds of situations.

I don't understand the physiology of traders. They do not want to sell when the price is near all time high and do not want to buy when the price is 76% low at its all time high. The chances of going down further from here are slim and it is possible that bitcoin may start another good run after some accumulation at the current levels. The FTX incident is not a small one and we cannot expect the market to rise instantly after this incident. I think bitcoin may test 14k -15K levels one more time to hunt all the stop levels before moving up again.

Yes, that's because they are not in the same group or with the same ideas and thoughts. Many will wait for lower prices, but I don't think selling now is the most appropriate option. It is a period of accumulation that will help traders buy more bitcoins than in the previous year with the same amount of capital. I don't know exactly why they have to sell, but if they want to make a profit then they have to sell at a high price.

I'd be waiting for some dips with DCA, meaning now would also be a good time to buy rather than just waiting for something to be dicey. Another drop is something we can't say for sure, so it might be worth considering buying at this moment.

"Never say never". It is not the panic that causes price to go down, but the whales that control the market. I cant believe that there are so many people that dont trust to Bitcoin, that they are ready to sell with a huge loss. That 1 bitcoin = 1 bitcoin is an empty words for them.
When they first bought Bitcoin, they should already say farewell to the money, it is already a purchase, a loss, a long term investment. Such people dont panic, they make instant and emotional trades.

Actually, the choice is very easy, you don't have to think about it even if you bought Bitcoin at $60k.  Selling it will incur you huge losses while holding it won't.  You just need to have patience and wait fo the Bitcoin market to rally and surge.  If the price drop, DCA.  That way you can lower your purchase price average.  DCA gives you two things, lower price average, and let you accumulate more Bitcoin.  Even if the price of Bitcoin drop to 14k, just DCA and wait patiently for the new ATH.

when the recent bottom is 17k , many of us doubt that there will be another low but 16k happens , now it is 14k that has been spreading so better or worst, be ready for this , if it happens then we can survive and if not? then we will win.

I have to see how much of us losing in the past dumping but we already knew something like this will come so better be ready or be a loser for life.

Let FUD be there mate , because this is part of system and without this the market would not be as colorful as how we have now and those who brings FUD is also supporters of crypto , its just happened that they wanted to add flavor to the investors , look at how we managed to earn and lose?

Seeing the current market conditions certainly make many people panic, more than a week the price of bitcoin is below $ 20k and it seems that until the end of the year the price will be difficult to return to $ 20k, as investors we must be able to see opportunities and be brave to make fast decisions, And we must be optimistic that the market can rise even though it takes a long time, now is a good time to buy.

I lke this the words "Stop the FUD" It seems that people who are confused about the future price of bitcoin are still asking whether it will go up or not. Personally, I think it will be very difficult for people to stay away from bitcoin because everyone is talking about how good an investment it is.

I don't think FUD can be stopped, because it is part of human being. That is why in the investment of bitcoin it is only thick skin can survive. Whenever bitcoin goes down to it bearish level people begin to loss hope. And from the beginning of the bear market, news and experts have been forecasting  that the bear market of Bitcoin will at the level $10k which will be the worst stage or f bitcoin in this generation. Therefore, the panicking level of Bitcoiners will also increase. Even in the all time low, the thick skin will still survive.

Bitcoins are struggling in the 16k price segment for couple of days now. So yes, if we greed more and wait for more longer, then definitely we gonna miss the best price of the coin. People are panicking, and selling their coins, which they shouldn't do, as Bitcoins are just affected by the big whales, who are manipulating the market in order to get little profits. Just have trust on Bitcoins and wait a bit longer, then definitely, we will see a great profit in the price of Bitcoins. In the mean time we need to buy as many Bitcoins we can and hold for couple of months. Let's hope for the best.

Genesis is crumbling and refuse to show their proof of reserve. If this company also file bankruptcy then we can see below 10k level. This matter is so serious because Genesis is the biggest holder of BTC and most of the institution use this platform to get interest over their BTC. This company has exposure to FTX so it is clear that they are not in a good shape right now. So i am not certain about your opinion.

For those who are new to crypto, of course they will panic with the sudden dump of Bitcoin prices. But for those who are experienced and have known crypto for a long time, of course seeing events like this is an opportunity. If Bitcoin drops, of course, this is an opportunity for investment, because we know that Bitcoin will be pumped again.

Right now it is time for DCA, because we're not sure whether the price will continue to decline or takes a forward move. Whales always try to manipulate the market out of the opportunities. People who fall for them will experience loss and the Whales invest at the best price. In recent days bitcoin have reached $15900 and $14k isn't much away. We need some good news rolling out to trigger the market forward.

it is cool OP mentioned that Bitcoin can only go low depending in the strength of the support it gets. Speculating digital asset has become even more difficult. What i have resolved to do is follow where ever the direction blows if it decides to fall further i will simply buy and still wait no need for much consolations or hopes. Bitcoin will eventually do away with this phase but till then the wave leads.

We are in a bear market, that's why it's really difficult for everyone. As you have said, it depend on us, but if there is so much FUD and then negative news, the price will surely falter as there are going to be panic sellers. And with that, we have to accept that fact, bear market brings the worst out of everyone, panic, nervous and fear. Nevertheless, this is just a test that everyone needs to understand and feel and so that the next time we experience this one, we are more tough and mentally strong not to be affected by it and on the contrary, take the opportunity to buy bitcoin at a lower and discounted price.

I dont judge it as a bear market because it goes sideways for too long.   We rise 20% perhaps one or two weeks and people think the negatives are over but its just a longer timeline for the whole layers of BTC to filter through.   We can be at this price for at least the rest of this year, in working days thats only a month its not as long as it might appear and very often people get worn out just waiting worrying wondering what happens next when its really very little and then we do one day move larger but hard to say when.
  Neutral to negative, I still dont feel as negative to be bearish as perhaps price alone appears, and I know that the news was negative recently but a company screwing up their books and debt is not a new surprise sadly.

You get panic you lose so even if its hard we should learn to create something beneficial to us. And if we are losing since the value of our holding is decreasing then dumping it is one of best solution if you cannot hold it anymore but make sure to have plan on when to so buy backs since if you are easily got affected with it and leave the space then this is how you become a loser.

For those who are new into this market then it would really be inevitable for you to panic and made out some bad decisions or actions that had been made but you are the ones who do really make yourself learn
out of those experiences that you had encountered along the way.Doesnt matter if it would really be dropping below 14k or not, the important thing is that you should really know
on what you should gonna do on the time you do experience these moments.No one could ever predict on where these market would behave or goes on.
Panicking is something not could really be wiped away on this market, even lets say that there are experienced but there are times which we are emotional
where doubts on every actions is there.

Panic will make us sorry for selling at a low price, if we already know Cryptocurrencies at least 2 years then don't ever panic, now the price is Dip but I'm sure next year the price will skyrocket again, and it becomes the wrong thing if we panic by selling and losing money.

It doesn't matter how long you participate in the market, the important thing is that you have enough faith in bitcoin or not, as long as you have enough faith in it, I guarantee bitcoin will never let you down.
There is no certainty next year bitcoin will skyrocket but we have hope with the market recovery after the halving occurs. Historically, bitcoin has always bounced back after halving, and this time people also believe history will repeat itself.

I know that even a newbie now can research and be familiar with btc but I think experience is still different. Once the newbie experience their first bear market, the feeling of being scared might still be there but not for an experienced bitcoiner.

When the market is recovering, a newbie can also be overwhelmed easily resulting for them to sell before the real bull run occurs but experienced bitcoiner can be able to wait for that moment and sometimes they can over hodl and miss the selling opportunity but it's fine as there will always be next time. Anything can happen here. It's possible that the market can recover now and start an immediate rally or it can also start next year. I hope all are now ready for that.

Experience might help investors stay calm during these market situation, but I believe they care a lot about the impact.
New traders or investors who appear to be inexperienced are more likely to experience panic attacks due to falling prices. They would probably learn a lot by now about the market, but it would be best if they avoided panicking as much as possible.

$14K is another low that is only worth thinking about as a possibility during a bearish period, nothing definitive, but probably an analysis so a decision can be made. There is confidence about $12K, but this is only if the bearish trend will last longer.

propaganda that until now gathers effect from weak and noob people in crypto.

while they enjoy the effect of manipulation , others are crying because of wrong decisioning .

Let them learn by getting their lesson in being affected of FUD , in the end they will understand why they need to close eyes when this market happens and open back when its normal again.
sometimes Panic helps mate , there are chances that i panicked and after? then market drops bad so I saved my funds from losing big.

someone once said: "all people have a limit to how far they can take it" that means that even someone who has been in this cryptocurrency market for years has a limit to where they can start to panic, for example if a person who is 5 years in this market and buys bitcoin at a price of 50,000$ and sees the price drop to 15000$ and does not panic, is calm and confident that the price will recover but then the price drops to 3500$ so at that time the person starts to panic, because everyone has a limit, and the limit of that person who bought at $50,000 was $3,500


in my opinion, in this market, only those who put in money that they don't need to use in the short term profit, so that person can hold it for more than 3 or 5 years or even more years, it's not about being a beginner or not, it's about being person with great knowledge about investments and courage and financial power to be able to buy and do hodl, for example for many people who bought at $30,000 and thought they bought low at this moment have losses of 50% but as they are doing hodl for 3 or 5 years then they can wait and profit

During a bearish season many people who are a novice in cryptocurrency always have a remorse or a regret during the process of bearish season, because some of them panick to sell out their coins always lead's them to regret if the market recover within a short time. I think the best situation or impact to be play via investment of cryptocurrency is to ensure that yiu hold your investment for long time until the market recover totally.

I really do not understand why people are so afraid of making their own decisions. That is the number one problem we have in the crypto world, there are tens of thousands, maybe millions of newbies who are not making smart decisions and end up with a ton of problems. I mean if you do not make your own decision, it’s not going to be really that much helpful for you at all, it is going to in fact hurt you more than it helps you and yet some people just don't realize that.

I know it’s not going to be that much easy to find your own moves, because what to buy is a big question and when to buy is even bigger, but if you don't find the answers yourself, others will just tell you what they want you to buy, not what they think you will profit with.

Ill be buying about $100k if this one hits a buck in price. ;D

Doesnt matter whether we would be going down wayback into those early years.Honestly, this is the best time to fill up your bags.Some might be still holding their funds and wait up for the possible
bottom which is something  that cant be determine because market could really move on random way.There's no way that you could really be able to predict on where it would be heading.
If it does below 14k then so be it, my funds is already prepared in case it would really go as low of 10k which lots had been anticipating for us to go that below.
Its an opportunity and not something that indicates that this market is over.

What are you saying because bitcoin cannot eat up to $1 even when it was created it was not up to some weeks the dollar rate rise above $1 so we will all people who is panicking concerning the downfall of Bitcoin or the Barish time of Bitcoin I will say that those people does not know how bitcoin work

I think the earlier people realized that Bitcoin is a phoenix and the proverbial cat with nine lives, the better for the health of their heart. With that there won't be unnecessary panic whenever the media spreads FUD. What I'm saying in essence is that people shouldn't panic once a dip is sighted, especially if it's Bitcoin dip. Members who've been here since 2017 should've  figured that out by now.

Conditions now have started to be different and cannot always be worthy of being equated with the past that has become history in Bitcoin. Personally I don't feel panic about Bitcoin's fall now because I still have faith that Bitcoin can still rise again next year so there's no need to panic this year. After all, some people who did not experience losses should actually be quite relaxed about the current market conditions without having to panic with those who have lost.

You would really be that relaxed if you've been here on this market and been fully aware on whats currently happening in the market which you could really be able to handle up your emotions
in relation to the movements.I dont really care if it drops to 14k which this is only pertaining on usd value but on the coins that you are potentially earning would be more considering the lower
price which means accumulation is much more faster specially if you do have plans or target on acquiring 1 btc gradually. People are really just too impatient and do
really always love to see high prices specially on fiat value and do easily freak out when market crashes.

if it is btc, we don't need to stress ourselves with the panic. because in time, it will go up again. worry if you are holding a never-heard alt with no strong use case in the market. but if it is btc, it is just a matter of time before we see it soaring up again.

The positive and negative sides always come in four years, I mean the Bitcoin price trend cycle has a pattern that repeats itself in four years. Here I started to think whether this cycle is a myth or a fact. Now we are in a bearish trend, this bearish condition occurred in 2015 and repeated for the next four years in 2019.
As we have been through in the four-year cycle, after a bearish trend, the Bitcoin price is slowly moving towards a bullish trend. When conditions are experiencing a massive crash, usually investors who have read Bitcoin movements will immediately enter the market to buy it up at a low price.
Don't panic, now is the time to get Bitcoin at a discount.

We are aware of this and should not exaggerate, let alone until someone is frustrated because they see the price of bitcoin has decreased, for me this is just like a season later the price of bitcoin will return and recover again so there is no need to panic too much.
For those who feel people are panicking, we have to know about the bitcoin cycle and also some of the FUD that is being spread, it won't be completely negative, I think it's just driving opinion in the ongoing bearish period, but if those who already understand this cycle will stay calm about anything because they believe that bitcoin will definitely experience a recovery except for altcoins I don't trust it.

I feel very comfortable seeing bitcoin drop and will be happy if it continues to fall as OP said. If fear causes bitcoin to drop to $14k or even $10k then I'm ready to panic because I want bitcoin to drop more than it is now. Simply because I want to buy bitcoin as cheaply as possible, if a few months ago with 20k$ we can only buy 1 BTC but if bitcoin dropped to 10k we will buy 2BTC for only 20k$. I don't see any losses and we are clearly on a double profit with 2BTC.

We need to remember that we are investing in bitcoin not Fiat so our duty is to own as many bitcoins as possible and this is a rare opportunity, if we let it go, there won't be a second chance.

Negative news will continue to appear for bitcoin at this time, following the FTX case which is so developing on the internet, you don't need to be too skeptical about this kind of thing, because Bitcoin has gone through a long process. We just need to be calm and keep trying to buy bitcoin according to the financial capabilities we have.

Following FUD news, it will not be profitable at all, it is better to focus on the goals we want to achieve. Literally I believe, this is a preparatory step towards the next ATH. Currently Bitcoin is still holding in the $16K price range.

When we know that the information we read is FUD then ignoring it is the best way.
Media that doesn't like Bitcoin will not stop writing to distract the reader's focus. Moreover, the case that befell FTX will always be the subject of news to connect between crypto and Bitcoin even though it is clearly very different.

For that we need to look for some tips to anticipate ourselves so as not to get stuck with FUD.

it looks like yes , though we drop down to 15k yet 14k seems to be far from happening any time this year and I assume that we will be increasing before the year ends this time.
1 week before November ends and we will count ships when December starts and I love not seeing this coming this

Maybe the last month of the year bitcoin will not continue to fall, but for bitcoin to rise, the problem here is what catalyst for bitcoin to do that while the bad news still surrounds us. I doubt we will have a green December as the FTX crash has only just begun and it is spreading to other companies. One more thing, don't forget that the Fed will continue to raise rates, inflation has just started to fall doesn't mean they will stop raising rates.

Panic will only make things worse, if the majority of Bitcoin holders panic and sell it will occur greater pressure, it's time to calm down by holiday or doing a hobby that we like so that it can make wise decisions. Leave the market at this time, but we must be sure that the market is immediately rising.

Dont you see we are still in bear market? And most investors today are not confident to buy now because of too many negative happenings in crypto in the last few months that cause panic and market capitulation and this is one of the most difficult to predict what will happen in the next few weeks, I doubt bull can recover quickly.   

Too many people are working towards making the lower prices happen, between the sellers, the panic filled people, the SBF type of bad news makers, and all the twitter FUD spreaders, and the short futures buyers, they are all trying to make the lower prices possible.

As I said before, the moment it was possible to make money with shorting, the moment people realized lower price of bitcoin could still mean profit, the healthy growth of bitcoin was damaged. It still goes up in the long run, but on the short term there are a lot of people who try to take advantage of the promising future and keep crashing it and take money out of people who want to see bitcoin grow.

The type of person who will regret and lose is too easy to panic, seeing the market situation which is still red as it is now, it's better to relax and do other activities, I'm sure the market will improve soon after the negative ends or it's better to buy more.

People can not make price to drop because they saying with their mouth. If they say that people don't follow that but people will follow whales that pull out big fund from their wallet or hodling and with that the panic can start to happen but only saying it doesn't cause price fall. If a whale take action to pull out his coins in large quantity this will rise the people feeling on what is going on in the market and they can take out the worth of their coins the fall starting to happen.

Yes and that is how the market is built or at least how there are still traders who makes money in this bear market, they short. However, for me this is very difficult way to make money. I mean it not for all I guess. Unless you are willing to get the experience first, losing money before you can make in the future.

And as far as those social media who spreads FUD, just face it and then read between the lines. Even in non crypto there are a lot of fake news but it doesn't mean that we are going to listen or believed in them. It's really up to us on how we are going to respond with those FUD, like when the price goes down, it's better to buy again and accumulate bitcoin at a cheap price.

The price of $ 16K lasts more than a week and a lot of speculation that prices will continue to fall, as investors, of course we must always monitor the market so that it is not left behind when making a decision, I'm sure that the price will be rising soon, and we must be prepared if there is a market turmoil, because this is common even since Bitcoin is present.

The only thing that happens when there is a huge drop selling is the whales and these long-term investors take advantage of it. Sometimes we can also think that the drop and FUDs are somewhat articulated and created for one reason and that is to make these doubtful and weak investors become panic and lead to selling low prices. It is just to imagine that the market works in this way and manipulation can't be stopped knowing that some people will use this as a medium to earn more.

In times of bad conditions in every sector, some whale investors may try to take more chances by moving the market further. But before investing, you should invest with having good knowledge. At this moment the market is above 16 thousand. I think the investment is quite appropriate in this situation.

Firstly, hello many experienced writers here, FUD Fear,uncertainly,doubt. they knew their meaning and were prepared for this temporary fix. Even if bitcoin drops below $10k, it's okay, bitcoin has already proven itself, going through this cycle over and over. Thanks to this cycle, many unethical businesses such as centralized exchanges, cex or meme tokens are removed from the market. Bitcoin may be affected in price during this cycle, but the more it falls, the more the spring stretches.

You can talk about the fall for a very long time, but fear and panic can reappear again and again. I am sure that even your nerves can suffer when you see price lows over a long period of time. Many people suffer from this, so it is taken advantage of by those who can manipulate the price. Only when the most resilient start to doubt, that's when the reversal will happen.

Even though the price is in the lowest position but we have to diversify assets for the current purchase price until the next lowest price to reduce the risk of loss because the market is unpredictable and very ranging during the bearish market phase, but if you add assets for the long term it is recommended that you use 30 % for the current price and the rest determines the lowest purchase price.

Just short/hedge and collect funding, ride the downtrend until 13,500 or even lower prices.

Easy to say but it would really be that hard to consider out on making up some short position as of this moment which we cant really be able to determine whether this market would becomes even more worst
or would really be having that recovery or having that change trend. We do all have the doubts and questions raised up on this unpredictable market as always.
There's no way that we could really be able to tell on where it would be heading.For those who dont have sufficient experience in the market would
easily freak out and panic which causes for them to have those mistakes and errors.

Diversifying is always good with investment. This will help us to be on the safer side than investing on a particular asset which could profit or it could end-up losing everything.

When you find the market to be bearish and have got increased chances of going downwards, it is good to consider it an opportunity. Never wait for the low bottom to invest, whenever you find the price to be down, start DCA. It'll help you invest at the best price and lower the chance of missing opportunities.

If we already understand the Cryptocuries investment that is like a roller coaster, then when the price is dropped then don't panic, if we have a plan for profit then survive and hold, even the Pope will buy more and like it when the price of drops, the opportunity to continue to rise is very large, So don't panic when you see the market dip.

I never mentioned bullying mate what I said is INCREASE at least from 16k we will see 17 or 18k what is the difference? not because we are in bear market meaning we will remain at 16k.

and also Dont forget that in December mostly the prices increases so don't let negativity covers your belief in Bitcoin.

and also it is best to look for good movement than accepting this bear now that deep

For some of us, yes we don't fear any downturn and we know that it is a roller coaster ride and so we don't panic. But there are investors with less experience and so they panic when the price drop especially if it is huge as there are news like FTX (RIP) collapse. Maybe investors lost big money when it collapsed and thanks SBF for taking down the whole market because you failed to do your own due diligence.

So everyone is not at ease right now, the price is nowhere the biggest support that we have which is $20k.

And with this kind of situation, maybe we can see $14k, who knows.

Actually OP, FUDs are created to make some people worried and panic then resulting in selling their Bitcoin at a cheaper price.
Might some people don't want it to happen but guess what, whales are happy about this.

We can't assume that everyone will listen and remain strong hands because many will still lose their faith and become weak. If the price will drop to $14k, then we have nothing to do about it aside from accumulating more. However, with the current price of Bitcoin, it seems that it is heading away far from getting below $15k which is a good indication that panic sellers are almost done.

it is correct mate , FUD is needed for others to lose while some will earn and that is part of market circulations , in which trading is in need for the market to continue moving and healthy.
I am one of those who waits for this , others will panic and I will take advantage of buying  ;D

this is why we must be strong enough to understand what trading really means.

To comfort ourselves from panic, we need to create something that can be a solution, such as remembering the moment when market conditions were much lower than the current price conditions.
If we feel lethargic at the sight of the price of Bitcoin dropping far from the price at which we bought it, remembering the moment the price of the coin a few years ago can maximize the level of panic that occurs in our minds.

Remember, if you've ever been in ATH then you also have to believe that there's always been an ATL. The problem is that lows are difficult to predict even during this bear market, while $15.5K is the lowest price so far and is likely to be even lower in the next few months. If you want to avoid panic, then it would be more advisable for you to avoid the market if not for buying. You don't need to monitor the market 1x24 hours, it's not important if you are a long term investor.

Or simply tells that when you are able to witness those glory days and bearish days then this current market condition cant really be able to shock you unless if you are just complete newbie or someone who had just

recently step your foot into this market.Prices is always been that unpredictable and there's no way we could say that its already over or going to die.We've been into numerous conditions or situations which

the price could really reach up that all time low and then on upcoming months or years then we would able to see those all time highs.Its a really roller coster like kind of ride
which it is really just normal for you to ride along the waves once you do decide to make out some crypto investment.
Speaking about panic then its unavoidable which even professionals or veterans on this market do really be able to fell out that thing.

That's why I said following FUD is not the right step in connecting crypto or Bitcoin, we can ignore this kind of news, because those who don't like it will continue to report bad things. To avoid FUD, then you don't need to follow such news, better focus on what you want to achieve in crypto and Bitcoin, because following FUD is actually not profitable at all.

There is still quite a lot of good news being developed in the media, it can even be used as a reference source.

A price drop is something that is very likely to happen to anything, including Bitcoin. Because if an increase is what is expected to happen and it is also very likely that it will happen again, then a price reduction can also very likely occur even below $ 15K, but in the near future I personally am also a little doubtful about a price reduction below $ 15K, because at this time Bitcoin has experienced a slight increase and is already at a price of $ 17K.

Hey skarais, determining the lowest price is difficult and you are right about the ATH and ATL situation. These two things cannot be separated because every ATH must have an ATL.

Monitoring the market 1x24 hours is the job of those who trade daily. Of course those of us who choose the long term also need to visit the market every chance we have or when we have free time to monitor the situation to find out how far it has progressed even though there is an assumption that it is not so important to do so.

If it were me, I would do the opposite, I would not ignore any news, especially FUD, because they will have a substantial impact on the market and the bitcoin price. If you are a firm believer in bitcoin, then following Fud is a good thing for you, it will help you see the opportunity to own bitcoin cheaper than others. We are here to make profitable investments and if we want to make big profits, we need to own as many bitcoins as possible. FUD is a good tool for us to take advantage of.

Bitcoin already has a long experience and is used to facing conditions like today, I'm sure the market pressure will soon end and the price will soon return rising, don't care about FUDS, this intends to make us panic and sell Bitcoin and they can buy at a low price.

That is a great way to approach the current price, I remember it being under 1k at some point, I have been here since it was 150 bucks and a bit lower, and during that period there was a great situation where it kept on growing, today it is x100 higher than that, literally x100 higher and we are seeing it as a bear market instead.

That should give us hope, maybe one day it will be x100 of what it is today, and that's what we should aim at, and that would be a lot better and could grow a lot faster as well. Just have high hopes about it, even x10 is great return and it could happen, see how it could grow and did that before and it can do it again.

If previously panicked then today I hope it does not panic anymore, the price continues to rise and now it has reached $ 16800, with this achievement I am optimistic that in December the price will return to the position before the FTX case which is around $ 22k. Whatever happens with Bitcoin we must be optimistic that the market will soon improve and rise.

The name FUD is not meant to be followed or made a reference in terms of Bitcoin because we are also campaigning for stop FUD.
Strategically, there are those who take advantage of news like that to be able to get as many crypto assets as possible and this step is often said to be a classic strategy market players have ever done.
They create news to drive the market down, and when that happens they buy cheap.

Bitcoin's rise to 17k doesn't mean it won't have a chance to fall back. Do you remember? When bitcoin hit 17k in June, it continued to hold well above 19k-20k, and many of us believe bitcoin has bottomed out and cannot fall any further. But then when FTX crashed, bitcoin and the whole market was in the red. For now, we may be past the terrible time FTX has caused, but there is no guarantee that nothing bad will happen again. I don't think 15.4k is the low this bear season, I'm still extremely cautious these days.

Yes, there are even people who do really say that it is the start of the bull run when they do see some small price increase which its not a solid indication or signal that we are already changing trend.

When we are on a bearish season then its really hard to make out assumptions whether we would really be going that low or we are already at the bottom as of this moment which it is really sitting around 15k+.

The market now did really make some green or increase but it doesnt have that momentum which we can able to say that this is really something in correlate with bull run.
These are just ordinary days where price movement is really just that how it looks.

We just want to correlate the OP's post with the discussion we are discussing, I mean let news like this continue to be made and don't spread it if we see it, so as not to be included in people who campaign for such news.
We've also seen some people do this to get as much crypto as possible, but it's important to emphasize that we are not one of them. Although we enjoy FUD in terms of buying bitcoins and take advantage of buying at a cheap time.

Today the price has returned $ 17K after FTX panic began to subside, those who bought when the lowest price of $ 15600 was worth grateful for getting a profit of around 13%, but I suggest to continue to buy, the market will continue to rise because besides Bitcoin many altcoins like ETH , BNB or others also continue to rise. Altcoins' support is very important because Bitcoin will not be able to run alone.

Most people who invest in bitcoin then hope to immediately get a big profit and get rich, especially since a lot of wrong information about bitcoin, for example, the price will continue to rise because the number of users who continue to increase, when someone tries to invest with a large value and something bad happens, namely the price of dropping So he panicked and confused so that he sold cheaply.

We hope that in the future every wish can be fulfilled and what you have conveyed in my opinion can be one of the experiences that can be used as a moment to cheer yourself up from the panic that long before today there was a situation where the multiplication price was lower.
Actually there is quite a lot of history that can be used as motivation for traders to distance themselves from panic.
The thing that really needs to be done in my opinion is holding assets.

Not everyone can follow FUD to take advantage of it, instead they are more afraid and don't trust bitcoin anymore. The most important thing is to buy bitcoin, then hold it and never look at the market, it will not affect excessive panic, while for FUD it is an opportunity for other people or for beginners this is a killer for them so I won't follow this method so just look at the low market then buy is a better way to do it even though some are strong in dealing with this FUD certainly affects everything about market corrections.

Crypto is being withdrawn from exchanges in masses recently.

Withdrawn into own wallets, not sold. NOT SOLD.

Time for that crypto to do work, to feed the bull.

GL.

RIP FTX

It is really difficult to predict on something that we don't have any control over.  So anyone saying that the ATH is this price and ATL is this price is all guessing and just hoping to hit the spot.  We all know that during the bear market ATL will happen but the actual price will be unknown, same goes when BTC market is in bullish state, no one will know the next all-time high.


Why monitor it personally when there is a bot to accomplish the task.  We should be updated yes, but make sure we have sufficient time to rest and relax because everything will be in vain when our body fail.

The support looks really good so far.

If you zoom out the charts .. you will see the bull run are prepared now. Despite yeah there always a possibility to get even lower but let's speak with the data that we collected at this time we discuss , i say it's strong support currently built in , we will see in the new year for more signal.

how do I care when I was waiting for this to come? I am looking for this drop any time soon because I have funds available to re buy but i wanted this to be cheaper and that lowering like 14k or even 10k must come.

I have to wait for better result in the future at least 2 years time?

This morning new week started with green candle and Bitcoin is now trading above 17,200 which creates some hope that Bitcoin will not fall further, and price recovery will begin now. The next strong resistance is 17,563 on day chart, if it is broken then price will go beyond 18K.

I think Bitcoin has already bottomed out and hopefully, we won't see Bitcoin falling below 14K. Good news coming about inflation and Ukraine war might change the market sentiment in coming days. DYOR

People are still speculating despite that, and they continue to add to their stack every days/months/months. Spending beyond your means is never a good idea. Investing in bitcoin doesn't require much if you know when to do it. They don't always stay red forever, so we can't predict the price going down continuously! Despite its current challenges, bitcoin appears to have a bright and healthy future.

You are right that we should buy and accumulate Bitcoin during the bearish market and don't wait it to fall further down before you decide to buy because nobody can predict correctly over a period of time, what direction market will take in coming days. The best buying strategy is Dollar cost average (DCA) which suggests to buy in parts and never use your all funds to make buying in one go, buy on dip, but at least in 3 steps, this way your portfolio will come in profit as market starts recovering.

Panicking in cryptocurrency price is what makes some people to get close or bitcoin so I believe that those people who panic are the people that always lose in Bitcoin so therefore I think that having the courage of keeping bitcoin is world to make you to have a prophet after the bearish market occur

For you not to panic then make yourself that get prepared for whatever circumstances that you might able to face up on this market or simply you should have make yourself be wary on what are the probability

of things that might happen.Since this one is unpredictable then expect for a roller coaster like kind of ride which prices could neither be going up or down on random manner.We cant really tell on whats the bottom

and we cant really tell on whats the peak price because market movement is really been affected by lots of factors which could really affect on where it would be going.
Therefore, as an investor then you should really know on how to handle up yourself.

Immediately leave panic and try to always think from the positive side, panic will make us regret because it is only losing money, Bitcoin always has great potential to rise so that if we panic it will regret because the price is immediately rising.

Not only do you have to rely on courage to save Bitcoin, but you also need to see and read every moment very well because everyone will not want to save Bitcoin if it is not dedicated to profit. Holding before selling at a better price is a very good way before later buying back Bitcoin at a lower price. So saving in the long term and thinking of it as an investment and getting a profit in the end is a very common goal for everyone.

Panic is usually triggered by news or talk from other people who want to trap everyone who is holding Bitcoin. Or by the words of people who themselves don't like Bitcoin so they say more things that are not good for Bitcoin. And also trying to make noise so that the people around him who are already holding Bitcoin panic and release Bitcoin. So this is clearly not good because panic comes from a bad environment so everyone needs to live in a more positive environment so that he himself is far from panic.

Bitcoin investment is the simplest thing, just buying and waiting for the moment to sell so we will definitely profit, maybe after buying prices will go down and many are panicked, but if we are patient then we can profit, don't ever think negatively that Bitcoin has no hope, As long as we can be patient, we will definitely profit.

Yes, FUD's are being spread and everything. We should do our research and learn the market. Ignore those naysayers and what not, but what makes you think that the $14,000 is the bottom and we won't see the price go lower? Are you also one of those people that are making random predictions or do you really have some reason to believe that it won't go below $14,000. Just don't say you "doubt" it will happen. In some way, you are also spreading FUD and creating FOMO.

Negatives should be packed into two separate queues, new information, developments and old recycled doubts.    People will doubt more when the price is lower but if its the same deal as could have been true at the higher price amidst much hype then its only a weak will and depth to their involvement or they are speculators and were always due to sell at some point.

We have a test of the recent trend  (https://talkimg.com/images/2023/06/12/AEp0q.png)and we'll see if it can hold or quite likely we are to repeat the range probably for the rest of this year.   The market often has to chew over data and event info before processing it, we may just have to go over this all again.

It is not as simple as purchasing and then holding it. What if you don't know bitcoin? What if you bought at ATH? Your profit will now take more years? You really need to read articles and watch videos to know more. Also, the most difficult part was how you controlled your emotions when losing. The most difficult part, as I am sure you will keep checking your portfolio from time to time to see how much profit or loss you have, is overcoming a large percentage loss. 

easy said right?  but hard to be done?

as if you can just take Panic in a glimpse ? are you carrying that? seeing your  funds losing its value to near 60% or more?

lol even you will surely panic when its there .

and there is also no such word as immediately rising lol , there are lots of immediate things on you.

panicking is part of the circulation , there are some who needs to panic sell for others to buy in lower prices and that is what we are waiting as a Holder.

if there are no panic then the price will maintain its high right?

lets buy now and accumulate , that is what we need to do now and nothing more.

Yeah, it's part of the ecosystem, I think that's how traders became mentally tough because if they don't panic, then they won't feel the need to sell and that's where we learn our lessons and the next time that this kind of negativity and further downside of the market, instead of panic we will take the good side of it, and buy more and accumulate because the price is cheap and simply hold.

Panic is a bad attitude that can happen to anyone, especially investors who initially thought they would make a profit and turned out to be facing different conditions so they would panic, but before we invest, we must understand that bad things can happen, so we must be prepared from the begin.

When we panic, we will not be able to make good decisions so we will regret it. Panic usually occurs when we are not ready for bad things. As investors, we must always be calm so that we can make the best decisions and of course not lose money.

Panic will make the investment fail due to not focusing on the initial plan that was made from the start. To avoid the potential that can make an investment plan fail, discipline is needed. Discipline in investing will reduce risk because it still goes with the flow in the instruments used.
In investing, it is necessary to make considerations so as not to make decisions too quickly, calm and patience in any situation will keep the investment on the track that has been planned.

Controlling panic is not easy because it is always influenced by the surrounding environment so that those whose profession as investors are very important not to hear news whose truth is very doubtful so that they can be a little bit protected from panic that could arise in themselves at any time. Investors always need a calm attitude to be able to decide something wisely, because some investors lose money in making decisions, this is caused by hasty and unwise decisions.

this is why called panic because we decide out of our true plans mate , and yes all of us experienced this at least in the past but when you learn this market and understand its nature?
you will find ways how not to panic even in times like this.

but sometimes there is a good panicking decision ,when you get the right timing when to sell from panicking and buy after that dumping .

What you say is not wrong, actually investing in bitcoin is very simple, buy at a low price and wait for the price to go up and sell for a profit.
It sounds simple, but doing it is a problem, and not everyone can do it. This process will take many years and can take 3 to 4 years to complete, so if you don't have any planning or preparation, you will never make it.  
Bitcoin is a highly volatile asset, sometimes, it can go deeper than the price we bought it, and if you are not prepared for that situation, you will surely panic and dump. Investing in bitcoin is like a roller coaster ride, things can fall apart quickly and recover quickly too and you need to be mentally prepared for anything.

if you are expecting too soon in profiting then surely you will panic once the market turns upside down. we are here not to assume anything but to trust the currency we are investing mate.

look at  how losers cry once their coin dumped? this is also similar to those who panicked when their investment shows different from what they expected.
just buy coins that you can keep hold long term if the market goes sideways .

Not everyone can follow your advice, especially if the purchase was made six months or a year ago, at prices 5-10 times higher than now. If few people trust cryptocurrency now and no one wants to invest for fear of losing money, then looking at a declining deposit makes it mentally difficult to wait. Moreover, there is no telling how long the decline will last.

Panic will bring someone to experience losses in investing in cryptocurrency. Even though the bear market hasn't ended and the bitcoin price is still declining, we don't need to panic to deal with it because bitcoin price fluctuations are a common thing. Therefore it is very important to manage emotions when the crypto market is weak.

True, sometimes we are too optimistic to hold for too long, maybe not many people can hold even though the price drops or vice versa when we have 10x profit we still want to hold, we better be realistic, don't be too optimistic because the future is hard to predict.

Not only do we not panic, but instead bear market comes, we should be happy and optimistic because we have the opportunity to buy bitcoin cheaper than a lot of people. I used to be scared when bear season 2018 came and then I lost a lot, now when bear season comes I am very happy and happy because I know this is my opportunity.

Indeed , this is the right time to feed the Bull , it has been hungry the whole year and needs to be fed.

FTX will show some bad reaction sooner but at least our continues support will bring hype to bitcoin .

and besides I am expecting this to come sooner so before December ends we will see the good market bounce.

The first thing we have to understand when investment bitcoin is to understand the price patterns that occur, up or down in a day can reach 10% more, even when there are big issues like Luna or FTX have dropped more than 35% in a week, when we know With this pattern, we must be prepared and don't panic.

Predicting the price of crypto assets is very difficult because they are very volatile and not easy to analyze. When you have made 10X profit, throw away your greedy nature to secure the profit that has been obtained. Panic will make the chances of losing bigger, while greed can take back the profits that have been seen.
Investors need to keep their investment value safe so they don't panic when the tide is changing and they need to release their assets immediately when profit is in their hands.

Not only emotions need to be managed when a bear market is still happening, but patience in waiting for the market to recover and in keeping assets from releasing into the market when it is still in a bear condition. Because panic usually arises from some bad news they have read and also from hearing some issues that are said by other people to them.

You just said about a bear market and an opportunity for those who haven't bought while the market is improving so it's just a good opportunity for them to take advantage of now. Even though people who have already bought can also buy again at this point if they still have more saved money. But those who have already bought, I think, are more inclined to wait for the market to improve than to buy again at a low price for now. Even though it is a very good opportunity to be used again before the market starts to improve again.

For me this pattern applies to day traders. For those who choose to invest in Bitcoin in the long term, they won't bother themselves for things like you mentioned. We feel the best way to avoid panic is to choose long-term investments.
So far, long-term patterns are still the best concept to do, considering that ups and downs will always be the main activity of the market.

You should always take a good note on that, it will serve as a pattern to you when aiming for your position before investing your money.

I see a good point out from your statement, if you are well prepared with what might happen along the way, you will not panic and will continue to wait with your target profits.

Having that right knowledge will allow you not to worry with how the market is behaving, there's always a bounce back in case
the market supper with a huge loss.

Give it some time and if you have spare, better to buy more and wait for another good run.

Only buy and use up the amounts which you could really be able to something to afford to lose and not having that all in kind of behavior which its never been recommendable or suggested.
If you do really have that kind of discipline and emotion handling then it wont really that much hard on making yourself that prepared for whatever situations that might happen along the way.
We are just humans and panicking is never been that avoidable even into those veterans or pros, we are really that susceptible when it comes to fear and anxiety
on the time we are seeing the market is really that going down.

Agree with what you say because regardless of anything for people who have long term goals something like this is not a problem because they realize this will not really interfere with the long term plans they have drawn up.
The conditions right now are really tough for day traders but if people are intending to invest long term at least for the next few years something like this they will make the best of it to buy as much cargo as they can because regardless this is a big discount and they know that in the future they will get more by buying now.

Long-term patterns must also have the desired target. But the benefits of choosing long-term investments in my opinion apart from avoiding high levels of panic like most traders, can also be an alternative to maintaining hedges even though the journey will not be free from risk. At least the risks are much smaller than the short term.

We must not convince people that investing here can bring the desired profit because the nature of the market is very volatile.

It's not supposed to convince everyone on every investment, but if someone asks about a good investment in crypto. I don't think it would be wrong if we try to recommend it for him according to the experiences we have seen or felt in the past. Because it can at least be a basic knowledge for him for the scope of investment before he makes a final decision on himself by understanding some of the risks.

If you are willing to guide and share your best practices then go for it, but if you are just going to recommend without any assistance
for sure if he fails, he will put the blame on you.

A human act that mostly a big mistake when investing, but the intension was right. Why not share your knowledge and
work along those people who are close to you, crypto is a good place to those who willing to understand.

Not a quick venue to richness, but a good place to invest and hopefully succeed with your ventures.

Guiding is a noble way to help them know about the best investment recommendations and even share the practices that are being carried out, but we must give them a note that the practice will not be the same for everyone, so he must understand when he fails, don't blame him, just learn from these mistakes if only relying on one's practice, the one being assisted will not develop in analyzing other patterns.

They must have their own knowledge, but with guidance when they understand, they can choose their own way and no longer need to rely on other people just to ask about investments.

Well, crypto is not that place let alone want to get rich quick, all of that has a time when you get good profits.
If it's Bitcoin then it's a long term option.

Basic knowledge? yeah, simply buy at every dip, or do DCA and hold, that could be the easiest and non complicated strategy that we can used in this market.

As for $14k, yeah at least for this year we won't see it, or maybe we really have hit the bottom around $15,500 this year and this could also be the lowest low for the entire bear market. Not unless we will see another black swan, similar to Luna or FTX or even worst that the market will not just go down $14k, maybe we can reach $10k as the bottom and final capitulation. But nevertheless, as I have said, accumulation is the key in a bear market in order for us to make money in the next bull run.

Yeah, that is right --as we can see, the market experienced again a correction after it shows resistance yesterday.
A volatile nature was expected for bitcoin price but it does not mean I agree that there is a $14k button because luckily, that was not happening as of this year. This correction will perhaps trigger the price to increase again by this month which is only my speculation. There is no negative news that happens around only Binance FUD that perhaps the reason bitcoin price now reacts to this.

Agreed, rather than convincing it is good to give suggestions and let them learn the market. Our suggestion could help them understand the working process of the market than just investing with the thought of being rich overnight. The market hadn't experiencing panic as the past, because people are well aware of the market and taking proper decisions than getting into panic selling which makes the whales take advantage.

High potential for a correction to occur in current market conditions, the $14k button is probably the worst that will happen if the market has returned another $15k by the end of this year, I was expecting the market to stabilize in the $18k area but sadly it didn't happen and so the hopes are early next year be a fresh start for market growth, i would like to see $20k price in january next year.

Having those FUDs or not, the market would really still remain unpredictable and there's no way that we could really make out those assumptions to be sure even if the market is really full of fundamentals around.
$14k isnt really too far off honestly and we might be able to hit that bottom or even the worst.The year isnt on its end yet and we are almost 2 weeks before it ends but there are no signs or news or events
that might really be a cause or reason on why neither would be having a pump or a dump.There's no way on telling or making conclusions and this is why when taking up some
investment decisions then it would really be entirely depending on you.

well, this price may not happen but it depends on how we attack this market to take the opportunity of what the current market price is. it may go down a lil bit but what are you doing when we hit the bottom?if nothing else, so going down or not, there's no impact on your portfolio. it will have significant meaning if you are investing some coins while we are at this bearish season.

Negative action as we back off from the 50 day average.   I feel we can still test 20k but next week rather then this week, lows of today are the weekly average which is where I pivot between a bullish short term outlook and expecting further selling.   If we can hold the lows of 14th Dec till the weekend then BTC could trade positively for the rest of the week.
   17299 is the price to watch for the meanwhile to determine outlook ongoing, otherwise 17k is a bigger area with more common ground to hold support/resistance.

It is not wrong for us to do ^(recommend) to others a good investment choice in the crypto space based on our experience and knowledge on Bitcoin. We need other actions that need to be taken if we recommend the person, such as describing the risks that will be obtained to avoid mistakes that will be directed at us if they fail, unless the person comes and asks us what type of investment is good. If later in their journey they fail to achieve what they want, then we don't deserve to be blamed.
I think so buddy.

Why not educate people about bitcoin instead of recommending they invest in it? Although we have experience and understanding of the market, we cannot guarantee that we will make a profit, so it is very risky to give someone financial advice.
I like, they should have basic knowledge before investing in bitcoin. They have to be responsible for their own money if unfortunately, they lose, they can't blame us. If they invest on our advice, they will think that we are trying to scam them.

The important point lies in their seriousness to learn by asking us how to invest in the crypto space. If that's done, then we have to explain and if necessary need special guidance so they can understand what they have to do.

At first I did not advise people to invest in crypto for fear that one day we will be blamed considering that investing in crypto does not always get the maximum profit. Back again with the discussion that I don't want to be blamed for suggesting without explaining the risks involved.

actually it's a very common thing and everyone can experience it, it's just a matter of how the panic situation can be handled as well as possible so that it doesn't make mistakes in anticipating what will be done. In a panic situation, you are very vulnerable to taking actions that can end up hurting yourself, but if you are used to experiencing them, you will be able to manage so that you don't panic too much in the actions you will take.

We may find out soon. I think the Binance FUD is nearing some sort of conclusion. Now that their auditor quit, it seems there is a bit of fire below all that smoke. Something will have to happen soon. Either Binance proves without a doubt they have the money to back deposits, or they don’t and the market crashes again. I tend to think Binance isn’t as strong as they say and BNB is ripe for a blowup. We’ll probably find out for sure soon enough.

Of course, the short term and long term must be carried out with targets that we set from the start. It is something that should not be forgotten to suppress the natural greed that resides within us. By setting the target from the start, we will know what to do when the price reaches the target.

I also agree, we should not convince people to invest solely for profit. After all, it is they themselves who must determine whether or not they are interested in investing in bitcoin. Our task is only to thoroughly explain what bitcoin is, how it works, the risks and benefits and so on. After that it's up to them what they want to do.

It is not obligatory for you to ask someone who knows nothing about investing to invest without basic knowledge. Crypto investment is always a high risk for anyone involved, including bitcoin. But of course you can spread awareness that bitcoin investment is one they can consider rather than just physical assets like gold, property or land.

Even if you tell them, you are not responsible for any losses or profits they generate. Look at how many people are panicking and worried about the future of their investment in crypto, so every decision has to be considered carefully. So if it's someone who comes to you for knowledge about bitcoin investing, then tell him about the risks instead of just the returns.

Indeed, right now we're at 17k line and it's still not stable as the end of 2022 approaches. Needless to say, we might see a much lower price in the next couple months and I think it's best to think that way rather than expecting a price that is unlikely to come in the 1st and 2nd quarter next year as we're still in for some surprises before the bullish season will commence.

Crypto price expected to be lower if the support area doesn't hold 17k but hope we will see 20k till the end of the year but very hard to reach if the price corrects from $18k to $16k in one day, I am optimistic for price recovery in the second quarter of next year because kirpto market needs trust from investors and big news to support crypto price recovery.

No matter how much they try, the propaganda that the media is using to undermine cryptocurrency in all of the news is ineffective. Before the media or anybody else could demonize Bitcoin, it had come a long way.

I'm genuinely concerned about the level of shock that what happened on the FXT exchange would cause to those who were impacted. Many investors are still sticking with bitcoin in the face of everything that is occurring in the cryptocurrency world. In expectation of a better day, they continue purchasing low in preparation for the bull run season

I am more focused like that where all types of investments must have targets and of the two types of investment patterns, the long term is more comfortable for me to do.

It should be like this. Without having to force people to invest if that person doesn't have the will to invest even though we realize that investing in Bitcoin is an investment that can protect our capital even though the risk is never far away.
Convincing people with the benefits that will be obtained is not always wrong as long as we are able to explain in detail.

That's something I always avoid, buddy. We don't want to be responsible for people's losses when those people carry out investment activities because of us. However, if we have explained in detail regarding opportunities and risks, then that will be different and we will not be blamed, especially since the market price is in a declining pattern.

I have to chuckle inside my heart at this. ;)
Who is to blame you in this case? If you pay attention to the essence of what I said, it may also be almost similar to what you mean. And I say this because I have experienced abuse from those who are not at all grateful after getting some pointers for investing in the crypto space.

I have never prohibit anyone who wants to teach crypto investing to many people (including you), but don't ever regret it when your time is not appreciated and they instead blame you when they experience a loss in their investment. Even though you yourself have taught them sincerely and have used your precious time for free for them. _{Sorry, didn't mean to vent here, which is basically unnecessary.}

You are right. There is nothing to blame for this case because in essence they will look for people like us who continue to be convinced in Bitcoin as the best investment in the future as the world's progress and development.

Those who harass our activities because they do not understand about bitcoin and other potential crypto assets. We can say they are only trapped by the pleasure of trading for a moment but in the end they are fooled when everything they do cannot be responsible.

Bitcoin has crossed all processes ranging from not having prices to reaching the highest price and now Bitcoin is known as the most valuable asset. And where are they now? Those in the case you convey.

We still want to reminisce with the usual joke, where the price of one bitcoin is not much cheaper than the price of a pizza, so let's imagine the current price of bitcoin which leaves such a long history since its launch. But rest assured, bitcoin has shown resistance to travel, thus making it a promising investment commodity, able to maintain investment value and place the only asset that is quite promising at this time.

Even today we have celebrated forum birthdays several times using Pizza.
Pretty entertaining isn't it!!!

Indeed, in its not very long history, bitcoin has proved to be a solid investment, but that can only be said for early investors. For those people who bought into a hype because of fomo are losing trust in cryptocurrencies. And there are more such investors than those who make reasonable purchases. I don't know what will happen with cryptocurrencies in five or ten years, but I notice that interest in it is decreasing.

Buying knowledge in bitcoin must set standards, investment timeframes and see ongoing market conditions, so that they have targets that are as expected. Especially now that only bitcoin can maintain investment value, the mention of cryptocurrency is still quite common in my opinion and has the potential to have other coin meanings, especially if it makes it a long-term investment standard for the next five or ten years. The potential of bitcoin is far more promising than cryptocurrencies in general.

This means that we must set standards in investing. Does the mention of cryotocurrency have the representation of bitcoin in it, because we often mention bitcoin directly than cryptocurreny in general.

There are many other histories that have been experienced by many users of this valuable asset. For us, what Bitcoin has gone through is not a joke, but it is the most valuable history and deserves to be celebrated.
There is something else we need to remember that none of the predictions about Bitcoin have been correct, so many communities are still holding on to the belief that Bitcoin will continue to run amid the uncertainty of other cryptos born in this space.

It's strange if we have known bitcoin for at least 2 years but still panic when the price drops, if we are smart then this opportunity is a good thing to keep buying, even if the price drops below $10k then I suggest to continue buying, don't do it ridiculous that is selling at a low price and loss.

You need to mentally and financially prepared when investing your money with Bitcoin, the more you can buy and hold the
better chance to gain more when bull start to pump back.

There are many factors that affects this market, you must be willing to take time in investigating and observing how the 'market
will behave either long- or short-time frame.

From that point, even the price dump hard, you can decide what will be better for your investment.

The long history that has been traversed by bitcoin stuck a great trust in the community, that maintaining the value of assets and being able to defend itself in the midst of inflation is something perfect for bitcoin, almost many investment models that are destroyed during inflation and even tend to be unable to survive.

While Bitcoin has provided strong evidence to anyone, until it is worthy of being chosen and used as a long -term investment. Bitcoin has certainty compared to other crypto, that is a strong reason we still believe and continue to collect bitcoin.

I think those who have underestimated Bitcoin and have also said they don't like Bitcoin investments will not look for old people they have ridiculed in the past, unless they have no shame in themselves. And even if they still want to invest in Bitcoin and the like, they will definitely ask other people or at least on the Google search engine.

Now I don't know where they are or what they are doing. Because I always distance myself from people who think negatively about Bitcoin, even though they themselves don't really understand and don't really know how Bitcoin works and how it works. So for now I just choose to stay in an environment of people who have positive thoughts about Bitcoin so there isn't much advice and recommendations that need to be given to them because basically they know what is best for themselves.

Not that much,even 1 year or 6 months here on crypto space would really be that sufficient or enough time for you to realize on whats the market behavior in regards into its moving prices.
Speaking about $14k in price then it isnt really just that far off.

we could see much lesser before this year ends? No one really knows or it would be able on next year which it is really remaining to be speculative and this is
where people should really be that be aware about unpredictability because this is how it do behaves.

Lacking of knowledge about possible scenarios is one of the main reason why they lose on their trades this is why newbies should invest on knowledge before taking hard decisions on their investment. If they can learn from those past events happen in bitcoin history for sure they will be more better because we are much careful about the news we heard then also we can take an action base on what the fud release in the market.

actually I am not pointing to everyone but this is in General mate , because if you are a true Investors or what we can call Hodler? then this will never be an issue lol.
the only problem here is if the person was only looking for short term then Bitcoin is not the currency for them , remember that this is the safest coin but this is also the slow moving currency unless bear market.

Most dudes on the forum have been here for years, even if their accounts are new. And for sure everyone lived through the last ATH and now experiencing this huge bear market, all in one year, and they still think the markets "cannot go below" whatever price it is they just think out of thin air.

Even if we get to 10k, why the need to tell people not to panic if you believe in Bitcoin? Let them panic  ;D

Surely they experienced the last ATH before but at the moment bearish is not a scary thing if it happens the price is below $ 14,000 for me they think too complicated to remind them don't panic in essence if they still believe in bitcoin it means they must believe in the next ATH What's more, for sure, let the market move by itself, one day the bearish will definitely go away too.

Let them panic as long as we stay calm, more opportunities must be obtained and eliminate panic from now on.

Many people just think profit without ever thinking of loss, especially many people show off profits on social media because investment bitcoin or altcoins so that it makes him interested in investment, of course this will make many people think of investment immediately even though they have to sell anything, and when the price drops then he panicked.

I also agree that 14K bitcoin is not possible, even 10K is, even more, seems out of question but then crypto markets move more on fund and hype. Any bad event like ftx can throw the bitcoin price to 10-12K levels. These days we are hearing news of allegations on Binance and investigations being carried out on them. Let's hope we do not get any unexpected news and market remains over 16K.


If you know about the finical markets and more importantly crypto market, then you should know that you should invest in this market with long-term investments. This will make you not get panic about small or large dumps as your vision is for long term duration.

It is true that many people use social media to create FOMO or FUD in the market but it is short lived & we should not pay much attention to it & make well informed decision before we take any position and secure your trade/investment with risk management tools to avoid big loss, because bull and bear cycles are normal in any market.  

Volatility is inherent nature of Bitcoin which experienced investors understand very well, it is hard to make an accurate prediction of Bitcoin price but if fundamental of world economy start getting better then, Bitcoin won't fall to 14K.

That's how it goes.

We all think of the profit but we're not prepared and we haven't thought about how much loss we'll get. And that's why if you see people bragging their profits on the social media.

You already have the idea a question that will come out from there that how much would probably be their losses.

They will earn knowledge from the experienced, same as how you assess if they lack in knowledge the chance of losing
is possible, but if they invest time to learn.

The chances are high since there's already a good basis that the market will bounce back even you see the market is moving
down and the current situation is not in your favor.

Keep in mind that panicking can cause you a lot of losses, very common for new traders.

The price of bitcoin will definitely go below $14k in the coming years. At no time in the next 5 years will the bitcoin price sustain more than 5 consecutive days above $17k. There will be green quarters, no doubt, but they'll be bounces from, say, $10k to $14k along the way lower and lower. There really is no long-term future for this experiment. It's run its course.

I still think Bitcoin might drop under 14k and even more in 2023 and for now there are no signs that 15k can hold the line and if that happens , 12k might be there after just a few days or a couple of weeks. Good side is that no matter what happens , Bitcoin always recovers and 2024-25 should be the time when Bitcoin and entire market can see another bull run. ;)

It would be a beautiful story and it's a shame if we want to throw it away. If we look further, they are just a small group that means nothing to those of us who are still and will continue to be together with Bitcoin through a series of beautiful stories.
But I wish if someday those who underestimate and even strongly oppose Bitcoin have a strong desire to walk on the path we are on, they should be pitied too.

This is normal since many new investors are finding their way into crypto space, I am no more any any panic mood because I understand the system, I have been here since 2017 and I know who the circle works, now I have no more panic towards crypto investment.

As time goes by many will end up the same way as I did, it takes time, we can still see 13700$ per BTC, anything is possible, but waiting around to see such value without taking any step is not a good move because 15,500$ might be the BTC bottom already.

Possible, we still have more than a year to see this bear market, we have witnessed $17k on the first half of the year and then $15k the second half.

So the scenario is that it could drop to $14k at the start of 2023, probably there could be another black swan event, maybe doesn't mean a exchange collapsing or something, but there could he hacks against a top exchange that could put the market on it's feet, as there could be selling pressure again resulting to another leg down.

But after all of this, 2024 is halving and then 2025 could be the peak, all time high.

Yes, the scenario for bitcoin to drop more is possible, I am not sure if there will be another black swan event, but given what FTX has caused so far, it is not over yet. DCG Investment Fund also sold a large number of its crypto assets last week, and Binance's FUds have yet to cool down. But the atmosphere of Christmas and New Year is approaching, so almost everyone is no longer too interested in the market, and the market almost does not move. Once we head into the new year and things get back to normal, that's when we'll see volatility in the market.

almost a week to end this 2022 , but  it seems to be ending up to 16k level?  panicking is normal specially to those who invested when the price climbed recently to 18k and now that they are seeing this level it wont bring any good impact to their funds so they have to feel that way but it does not necessary mean they will need to sell at losses.
some of them does but I believe majority of them still hold their money .

I agree with you, even though there is still a chance to drop to $14k or below but it is unlikely that we will see bitcoin touch $14k (unless some bad news hits the crypto). it looks like the impact of FTX news has stopped and now crypto is starting a new life without FTX. the news about LUNA and FTX is the biggest news I've ever heard of since playing crypto but the news only had a temporary impact on crypto, and this just goes to show that crypto is huge and can't be stopped with any news.

LUNA and FTX is still affecting the market , it may take at least another year to stop but if we will hold together? what do you think would be the effect? of course this will help the market at least to be stable in this level.
Bitcoin to 14k is far from happening this 2022 , and maybe coming in the next year who knows? it is the year before the halving anyway.

Many investors and traders has used this opportunity to embraced favour from the bearish market by purchasing some potential coins that will not fail in future than to bring something good at the end of the investment. Now that the price is still low in the crypto market, genuine investors will not stop buying coins, because they believed the bearish season will not remain in the market forever. Even though the price of cryptocurrency drop down to $10,000 , potential traders will not panick than to increase their capital to buy more of coins and hold until the price increase higher.

I only feel sorry for their minds, not for themselves and that's the same way I pity people who are panicked by bad news or by those who don't like Bitcoin. Even though the goal is very clear that they want to destroy Bitcoin and then laugh in public by making fun of people who already believe in Bitcoin. So don't panic when there is FUD whose origins are not clear, because I will feel sorry for them when they start to regret after releasing Bitcoin at low prices.

as discussed in another topic, no one will know the future of the btc price, if we say now is the bottom price then it is not confirmed but if we say it is not the bottom yet, it cannot be confirmed either. as long as we have preparations for whatever the price of BTC in the future, our worries will disappear.


I don't mean to speculate on bitcoin price over the next few days but it looks like we will see bitcoin price hold between $16k to $18k - over the next few days. I'm sure the majority of bitcoin holders will definitely keep the bitcoin they have, and will not intend to sell it now.

I'm not a person who panics easily because I always believe in the concept of a 4 year cycle like this

2012 - bitcoin halving
2013 - bullish/moon
2014 - bearish
2015 - recovery period
2016 - bitcoin halving
2017 - bullish/moon
2018 - bearish
2019 - recovery period
2020 - bitcoin halving
2021 - bullish/moon
2022 - bearish
2023 - recovery period
2024 - bitcoin halving
2025 - is the most awaited by everyone

of all that how many bitcoins are said to have died and in the end is what we see now or later  ;)

that has been the price for month now , Bitcoin still holding that 16-18k as we speak now so meaning if this continued to flow that way few days after? then indeed that this is the price we will be seeing the end of year.

What I was looking is that spiking to 18k will happen either tomorrow or the next day before fulling down End of year and the whole 2023.

FUD will always be on bitcoin's journey to higher prices and FUD will always increase when bears come to dominate the market. we can't avoid it.


In conclusion, at the end of this year, many speculate that the price will last between $ 16k - $ 18k and uncertainty will continue in early January and beyond.
in early january to mid 2023 i speculate it is likely btc price will stay between $15k and after that it will drop below $14k till the end of 2023.
it's just speculation and complete ignorance of what will happen

The importance of doing your research and analysis before jumping your way into this investment, there are people who are happy with how they
see the current situation, those people who are opposing the past success of Bitcoin.

If you bother to listen to them the chance that you will lose your opportunities to enjoy how Bitcoin works. The volatile nature of Bitcoin
is really unpredictable, you need to have that strong nerve and good anticipations.

Hard but you really need to work deeper in terms of establishing your trust and not being bothered if anything goes wrong and not not
favoring your position, hold and be patient.

It is natural to panic but I will not be skeptical about the price movement of BTC as the global situation is not normal. As the economic recession prevails, it is by no means expected that the price of BTC will rise. Like every year Bitcoin is bullish at this time. But in 2022, no such trend was observed. As a result, a lack of confidence has been shown among the investors. From that point of view, many are making advance predictions about Bitcoin where the price of Bitcoin can decrease and stay at 14K. The bearishness of cryptocurrencies is a common theme. But while the FTX fall has prolonged this bearish sentiment. Many are expecting further dip in Bitcoin.

Luna and FTX were two painful incidents for crypto investors that were out of mind for crypto investors. The impact of these two incidents on the crypto market is certainly huge, many new investors have lost faith in the crypto market due to these incidents. I think these incidents will disappear as the market trend changes. So this level of Bitcoin needs to be hold strongly, because if it loses this position now, then something worse can be seen.

Investors have lost investment value because of funds deposited on the FTX exchange and FTX or Luna token assets, painful trauma because investment values have fallen to the lowest point that was never predicted before, so that is the risk if we hold risky altcoins which are very vulnerable to losing value, the market It will take time to recover from that situation even I doubt if the market can touch BTC price for $20k in the first quarter of next year, $16k price is very likely to hit lower back to $15k if bearish conditions persist.

More FUD is brewing to take the crypto market more bearish, after the news of FTX bankruptcy came out the news had a huge impact on the crypto market. And Luna is mainly responsible for starting the huge downtrend in the crypto market. If these incidents had not happened this year, crypto investors would not have been living in such despair. Bitcoin started an uptrend before the collapse of FTX but this bad news is one of the worst in crypto history. Hopefully next year we won't have to see a disappointing market situation like this year.

We've seen lots of negative news and events that we do have on this market just only on this year and it did really make a huge toll for this market to drop this low.If we do look out on the percentage negative that
we do have on this year alone then we could say that this 2022 is one of the worst years that we do have on this Bitcoin market space but we know that everything couldnt really be ending up like this way.
We cant really just be having a bearish market like forever, there's really a reversal where everything would really be going up but the main question for now is on when it would happen?
No one really knows and this is what makes this market truly that unpredictable and there's no way on knowing on what would be happening ahead.

but there are also many people that sell while dumping as they felt the pressure and panicking.

and this add dumping to the value of bitcoin and altcoins but this is also a good way of letting us buy in cheaper prices .

but as we can see now that the price is climbing and there are signs that we will see 18k any time again now.

but if not then better to understand that market will climb in perfect time even without news.

Yeah, after Luna then FTX which drives investors away from this market, for now we might be having problem seeing the market
to bounce back it might take some time before we will see another good market run.

But knowing how crypto work, especially Bitcoin the chance of recovering is not by far, it will take time to accumulate and another
momentum to bring those investors back.

A good news that will attract more investors to bring back the money and will push the market up.

Investors are interested in the market, but two big incidents in a short period of time have resulted in huge losses for investors. Many big crypto investors lost their huge money. Now if the market changes the trend and something positive is seen then surely more new and old investors will start expecting back in the market again.

Even after the Binance FUD has been created, the market has created panic among investors, resulting in the market not seeing the expected change. Everyone is disappointed to see bad things this year, hopefully next year will not be like this for crypto investors and investors can recover their losses.

Confidence and trust had surely been shaken on this year alone which there are lots of negative things or incidents happen for this year which it did really result out that doubt and fear which is the main reason on

why the market didnt move up that much but rather keeps on dipping and decreasing which is something that been anticipated.We know that this market is really that too reactive when it comes to fundamentals.

If things do becomes even more worst then it is really that hard to stop it and there's no way that we could really be able to predict on what would comes next specially on next year
to come but hopefully we arent seeing more negative things which would worsen up the situation even more.

Still it's not so bad like it could have been. Bitcoin is keeping its price above 16,000$, what is good news considering how negative the scenario is. If we were in previous years, I think bitcoin could have reached much deeper after news of the second biggest exchange in the world going bankrupted and scamming one million users worldwide.

Bitcoin can crash more yet next year, but considering how it's keeping the price by now, it's already a victory. Support level is at 15,700$ and there is a long way until dumping it to 14,000$ or less, what might not even happen at all.

Sometimes I also think why investors only use the FTX exchange to store their investment funds, even though there are many other exchanges that are also better than FTX, although it is highly not recommended to keep funds in the exchange for too long. Because everyone needs to have a special wallet if they want to store funds safely for the long term. So on the other hand, investors are actually wrong if they only save funds on the FTX exchange, even though the basic core of the problem lies within FTX.

FTX is also one of the biggest and most reputable exchanges apart from several other exchanges. Investors who keep their funds in the exchange know what the risks are, but because of the good reputation of the exchange and good security, maybe that's the reason why they entrust their funds to third parties. Just like most people who believe in binance and coinbase right now, they know the risks.

Traders and investors are fundamentally different. Traders tend to keep funds on the exchange regardless of how much they have, while investors tend to have funds in their wallets. Some traders have millions of dollars in their trading accounts, but I don't think they are investors although some investors also keep their funds in exchange in the long term.

FTX also used to be under Binance and aligned as a leading exchange you can say FTX gives customers convenience with free withdrawals that's what I feel while using FTX when they often make small withdrawals and of course as they trust FTX because it has become big it's just unexpected due to bankruptcy experienced by them so that it becomes a risk that must be known.

Traders, of course, have daily activities on the exchange, so they store their assets on the exchange, while it's different from investors and they know how to store assets in their own wallet, it's just that an unexpected error from FTX makes them dumbfounded.

Why is OP so sure of Bitcoin not going under 14k ? Because every sign points towards Bitcoin going under 14k or even more and the party didn't even start yet.

I would want to be positive about Bitcoin price in 2023 but there again , why should I be ? Literally the entire market is hanging on the edge right now and all is need is Bitcoin to make another sudden drop in price and panic will be all over crypto markets.

Sure enough, the FTX boom was truly shocking and the impact truly amazing for the crypto industry. Some people are starting to think this industry is a total scam, I can't completely disprove but if they say bitcoin is a scam then I think something needs to be said to stop them talking.

As I said, investors know where to store their assets in the long term. But if they store it on an exchange then clearly they have considered the risk. Losses are never desirable, but they can happen any time as long as they don't know how to minimize them.

A mini bull run in the market can play a significant role in bringing back confidence and trust. Bitcoin has been holding the $16000 zone for a long time now, we can expect to see something positive from here. But big investors are strengthening their positions right in these zones.

So I think the two bad incidents may have caused a very bad effect on the crypto market for a short period of time, but eventually the crypto market will bounce back and make us happy again.

Decent hold of the 16.5k aree recently, its respected volume in that area and we retain a series of rising lows since the first FTX news broke our prior hope of recovery in the price action.   I dont presently disagree with OP that we will explore the full range from 20k all the way down to 10k possibly, however there is a BIG IF to that in the detail matters of how we trade those prices.   A spike down to 10k that quickly fails to hold and launches back up is bullish, it will scare but in fact be bullish.  Right now we retain a positive trend over weeks.

FUD is part of the cryptocurrency industry so it cannot be successfully stopped. FUD will always be because it is a catalyst that helps to move the market in either directions.

As for the bottom. There is every possibility that bitcoin will break lower that $16k to the region of $14 and $10. It is also possible that the market will reverse from $16k back to bullish trend.
So, to be in a safer position, it is good to start buying from now because the price is low already.

A couple of users already question him but he still can't give any valid reason on why the price won't fall anymore on that level. He just keep saying that we must avoid fuds. I think this isn't on the fuds anymore. Many of us here are not new and we already know what is fuds and why we must avoid it but there will still be a way for the price to fall down and that is something that everyone must prepare.

Either we will buy more or sell now if ever some of you need an extra cash because the recovery can be delayed again. You know, the halving date for bitcoin is still far and then there is also an expected recession that is said to happen in the year of 2023.

As long as you can bear the consequences then anything you can do. I don't think anything is going to stop you from selling bitcoins during a downturn even when you lose a few percent of it. If you do it for something more valuable and important then of course maintaining the investment is also not a good idea.

After all, no one is asking us to put all the money we have in one investment basket. I mean diversification of investment assets also needs to be done, not just in crypto. I think gold, land and a few others are also worthy investments to consider, so when we need money urgently we have the option to sell one of these.

This is the SPECULATION board and your talking "valid reasons"? LOL

$1k(ish) - 80% = $200(ish)
$20k(ish) - 80% = $4k(ish)
$70k(ish) - 80% = $14k(ish)

Nothing is exact, just estimates/speculations/simplifications based on the past charts / some current events etc.