Smile! There are no worst possible scenarios. We've already survived the worst!

[Slow death]

i stopped worrying about bitcoin price a couple of days ago.  i cashed out of the market (withdrew my bitcoins out to cold storage) and stopped thinking about what will happen and stopped trying to make profit.

this is something very courageous, I mean is your money, are your savings and you must follow the price so that one day you do not catch a big unpleasant surprise something like 5 years from now the price of bitcoin is 1 $, then you will go to realize that you could have reacted sooner if you frequently accompanied the prices

i stopped trading altcoins too because when bitcoin is unpredictable they become unpredictable too.

buy low and sell high, that's all

now i am happy with my coins in safety of a cold storage. i will just buy more if i had any spare money in the near future and will wait until movements become more logical rather than irrational panic sells.

this panic sale becomes more lucrative in relation when the price of bitcoin becomes stable

The only good news of this great drop is that it is impossible for the bitcoin price to fall as much as $10,500 again.

Dude, I am optimistic, but never  say is "impossible"

[gabmen]

Since December of last year until now, bitcoin has depreciated $10,500 and its price has reached the line of $9,500.

The only good news of this great drop is that it is impossible for the bitcoin price to fall as much as $10,500 again.

Therefore from this moment bitcoin only has two options: either grow a lot, or drop a bit, and both scenarios are quite favorable compared to the hard times we have suffered these last weeks.

Well, TAs after TAs have been shattered by btc early this year it seems. I also thought btc price won't go below 10k but we're clearly going through a rough bear season. I don't think relying TA  is a good idea right now. This is where emotional control comes into play on how long you can stand with your btcs. And there are a few worse scenarios than whats going on right now so better buckle up :p

[trickyriky]

Since December of last year until now, bitcoin has depreciated $10,500 and its price has reached the line of $9,500.

The only good news of this great drop is that it is impossible for the bitcoin price to fall as much as $10,500 again.

Therefore from this moment bitcoin only has two options: either grow a lot, or drop a bit, and both scenarios are quite favorable compared to the hard times we have suffered these last weeks.

The greatest fall of the last several months period is over, but it does not mean we can relax. We should monitor the news from the market very often.

[buwaytress]

meh, you know what? i stopped worrying about bitcoin price a couple of days ago. i cashed out of the market (withdrew my bitcoins out to cold storage) and stopped thinking about what will happen and stopped trying to make profit. i stopped trading altcoins too because when bitcoin is unpredictable they become unpredictable too.
now i am happy with my coins in safety of a cold storage. i will just buy more if i had any spare money in the near future and will wait until movements become more logical rather than irrational panic sells.

Here's a belated pat on the back =) I've never considered selling anything, holder by choice and circumstance but I thought myself to no longer be worried by price late last year (during the boom!). Gotta admit the heart still flutters when I see my dollar value getting wiped out, but then I remind myself I want those bitcoins next year, the year after, likely past 2020 (when I reach a psychological age as it turns out).

Also happy to get more coins at better and better prices (am an earner).

I'll see you around the forums I'm sure, probably tap you on the back again, happier times ahead!

[drachman]

Nope, don't agree with you.  I think it's just as likely to go down to 6k than it is to go back up to 20k.  I've seen nothing that convinces me otherwise.  Your two scenarios are not the only scenarios, although pretty unlikely there's a non-negligible chance it could go even lower than 5k.  In short, anything can happen.  I'll wait to see some stability before buying more bitcoins.

Anything can happen but why are you going to wait even more,  you can get bitcoin for 9k that is good enough, I know that is better to buy at the absolute bottom of a market but to predict the exact bottom is difficult you need to set a price in which you think is good enough for you to buy, if 9k is not enough for you then what kind of price are you waiting for?

I'm not waiting for a price I'm waiting for stabilisation. Even if it means I don't get as much profit, it means I'm far less at risk of losing money.

OK that is a fair explanation then what kind of stability are you waiting for? Are you waiting for a stability that last several weeks or months? Because that is something that does not happen in crypto that often, that is why bitcoin is described as a very volatile asset, losing 10% in a  single day is not something rare and we have experienced bigger drops just in the last days.

[markint]

Since December of last year until now, bitcoin has depreciated $10,500 and its price has reached the line of $9,500.

The only good news of this great drop is that it is impossible for the bitcoin price to fall as much as $10,500 again.

Therefore from this moment bitcoin only has two options: either grow a lot, or drop a bit, and both scenarios are quite favorable compared to the hard times we have suffered these last weeks.

I think that time has shown that in reality the fall of bitcoin could not be eternal given the logical limitations that the price can reach, and I think the conditions are given to witness a big recovery in the price of bitcoin. In fact many newbies seem to be dissatisfied because the barrier of $11,000 has proven to be quite strong, but we should not assume that the "natural" price of bitcoin should be above $20,000, which the high speculation of 2017 made us get to believe.

[Nick Abimanyu]

Since December of last year until now, bitcoin has depreciated $10,500 and its price has reached the line of $9,500.

The only good news of this great drop is that it is impossible for the bitcoin price to fall as much as $10,500 again.

Therefore from this moment bitcoin only has two options: either grow a lot, or drop a bit, and both scenarios are quite favorable compared to the hard times we have suffered these last weeks.

Today bitcoin prices are rising relatively slowly, the rise this time is a natural reaction to market movement not because of the manipulation as it had in the previous session.

[lablab03]

Probably , but it not means it will continue to grow. 'cause there still an opposite direction also which is always happen after the spike, so we must observe the market graph always even though the price is constantly climbing 'cause there's a chance it will suddenly drop again.  .due to some whales that still exist on the market.   So we should monitor the price always to get the right time to sell. 

[komjhq]

Probably , but it not means it will continue to grow. 'cause there still an opposite direction also which is always happen after the spike, so we must observe the market graph always even though the price is constantly climbing 'cause there's a chance it will suddenly drop again.  .due to some whales that still exist on the market.   So we should monitor the price always to get the right time to sell. 

Perhaps you have experienced the worst, but this can not be said about some crypto currency users who invested in Bitcoin in the area of ​​$ 15,000 per coin, after Bitcoin has fallen from its maximum value of $ 20,000. Today they have funeral days.