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Author Topic: BITCOIN FALL 7% IN A MINUTES  (Read 335 times)
Kemarit
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September 02, 2019, 11:17:33 PM
 #21

That fall was necessary for bitcoin to rise 7% too and back trading at over $10,000.
per https://coinmarketcap.com/, btc is trading at $10,383.31, its a big increase compared to the price that we've seen in the past few days.

I was right that BTC will eventually fought back up, and here it is now, we are witnessing a good run ad we will probably see this back at $11k again soon enough.

Exactly, that's why people are advising not to panic for a minute here because we all know that Bitcoin has this sort of ability to bounce back after what? 7% drop in a minute? LOL. Was out the whole day and just checking the price and I was not surprised that it suddenly jump above $10,000 again. So I'm sure the OP is very excited to see the current price and will no longer question and doubt how Bitcoin is resilient and can recover after such dropped.

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omonuyak
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September 03, 2019, 02:28:45 AM
 #22

How about the $1k up in just an hour or day? Well, the market moves like this always and we have to take that as a way to take profit or buy and sell. Bitcoin fall is not that huge, it bounces back easily and hopefully to go for another up trend. In just a minute the price can pump or dump but remain positive and know how you can handle that.
Bitcoin is highly volatile and not all of us that adopt this as a fact. In July we see bitvoin adding $1300 within just an hour and in the past we have also see Bitcoin adding around or losing more than that in just 30 minutes. Those that are following all this movement are really losing money and some especially those that understand the volatility of bitcoin are using the up and down of the price to gather a lot of bitcoin by buying and selling at the right time.
Japinat
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September 03, 2019, 10:41:08 PM
 #23

That fall was necessary for bitcoin to rise 7% too and back trading at over $10,000.
per https://coinmarketcap.com/, btc is trading at $10,383.31, its a big increase compared to the price that we've seen in the past few days.

I was right that BTC will eventually fought back up, and here it is now, we are witnessing a good run ad we will probably see this back at $11k again soon enough.

Exactly, that's why people are advising not to panic for a minute here because we all know that Bitcoin has this sort of ability to bounce back after what? 7% drop in a minute? LOL. Was out the whole day and just checking the price and I was not surprised that it suddenly jump above $10,000 again. So I'm sure the OP is very excited to see the current price and will no longer question and doubt how Bitcoin is resilient and can recover after such dropped.
More excitement be felt if BTC will be back again at $11k which likely to happen in the next few days.
Before I sleep, BTC was jus trading at $10,400, now it's already at $10,600, when the market is bullish, nothing is really impossible.

A fall in minutes has been normal in the market, but we don't want to see that, unless we are shorting BTC.
OP should now learn from what he is witnessing now, a possible same scenario in the future should not make him worry anymore.

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barota
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September 08, 2019, 09:30:02 PM
 #24

the highest rise of bitcoin from april even now It is not true or reasonable Falling by 7 or more percent is very normal

Bringing new investors to buy at high prices will not lead to bitcoin growth
Capt00
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September 08, 2019, 11:07:09 PM
 #25

It will only make us crazy to check Bitcoin price all the time, in a minute or in a second.
It doesn't matter to falls by 7% or more cause that is will eventually to happen and we know the volatility. All the time investors are moving their funds either be out or in, making the price to move in a minute or in a second.
pooya87
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September 09, 2019, 04:24:01 AM
 #26

Bringing new investors to buy at high prices will not lead to bitcoin growth

"high" only depends on your perspective. if you think price should be $5k then yes, $10k is high. but if you think price should be $20k then $10k is a discount!
so what happens is that investors don't come in based on what the number is for the price but they only come when they speculate about what this number could be in the future. so if they see the potential and realize that price is going to reach at least $100k in the next rally phase they wouldn't hesitate investing no matter what the current price is.
the problem however is that they are not yet seeing that potential and most investors wait too long to realize it. that is why we have a lot of entry near the bubble's peak each time!

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