There's nothing to worry about... Just HoDL!

[AlcoHoDL]

Just to express my opinion that the recent drop in the price of Bitcoin is nothing to worry about. It was expected, it happened, and we shall soon be moving on to new heights. I see this as a healthy growth, a bumpy uphill road to the top. See the daily chart below (you'll need to click the link for now, because I'm a newbie):



As you can see, a similar drop occurred in the first half of May. See the similarities. I guess (and hope) that the price of Bitcoin will very soon start rising again. As for me, I'm HoDLing all the way, with all my coins safely kept in cold storage, and I suggest you do the same.

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[mademerich]

Just to express my opinion that the recent drop in the price of Bitcoin is nothing to worry about. It was expected, it happened, and we shall soon be moving on to new heights. I see this as a healthy growth, a bumpy uphill road to the top. See the daily chart below (you'll need to click the link for now, because I'm a newbie):



As you can see, a similar drop occurred in the first half of May. See the similarities. I guess (and hope) that the price of Bitcoin will very soon start rising again. As for me, I'm HoDLing all the way, with all my coins safely kept in cold storage, and I suggest you do the same.

Everyone thinks a bubble has crashed with every little dip. Bitcoin hasn't gone up nearly as much percentage wise as it did in previous bullruns, and those previous bullruns all had small corrections like this one. We are still only in possibly an early stage of a bubble (if it keeps rising so fast), but more likely we will see smaller gains and sideways movement for a while before the next pump.

[rajasumi3]

Yes the best would be to hold all the bitcoins right.as the price is increasing daily and in the near future it might happen that the price of bitcoins would be more than 1 million dollars and in the near future it is possible that 0.5 bitcoins worth will be a fortune,so it suggested to store in cold wallet.

[batang_bitcoin]

Just to express my opinion that the recent drop in the price of Bitcoin is nothing to worry about. It was expected, it happened, and we shall soon be moving on to new heights. I see this as a healthy growth, a bumpy uphill road to the top. See the daily chart below (you'll need to click the link for now, because I'm a newbie):

[img]https://dwq4do82y8xi7.cloudfront.net/x/ZzPrZrFT/[/img ]

As you can see, a similar drop occurred in the first half of May. See the similarities. I guess (and hope) that the price of Bitcoin will very soon start rising again. As for me, I'm HoDLing all the way, with all my coins safely kept in cold storage, and I suggest you do the same.

Yeah I'm expecting that too happen but too bad for me that I haven't ride with selling at $2,700. I'm expecting that it will go further but my expectations fall and I won't let my feelings caught me up as it's hard to recover sometimes. But well, the basis is the chart of bitcoin, after the dump for sure there will be the pump again very soon.

[ASHLIUSZ]

Right now experiencing the price fall most users could have got panic and could have started selling their long hold bitcoin, so that they won't miss the best time of profiting. As OP's thread title states there's nothing to worry about the price fall, because the value will be regained in a short.

[BigBos]

If you have a great trust, then holding is a good thing. Looking at the history of bitcoin, makes me think that bitcoin will always have a high price and keep going up. Although that increase happens over the years, you will be able to feel the benefits if it's great in being patient.

[bamboylee]

Right now experiencing the price fall most users could have got panic and could have started selling their long hold bitcoin, so that they won't miss the best time of profiting. As OP's thread title states there's nothing to worry about the price fall, because the value will be regained in a short.

The price has fallen because there is profit taking already. And the weak hands that also sell when the price already fallen will be feeding the whales because the whales will buy in again and the price will go up again. As a rule, never sell when the price is falling, instead, you should buy more.

[harizen]

Right now experiencing the price fall most users could have got panic and could have started selling their long hold bitcoin, so that they won't miss the best time of profiting. As OP's thread title states there's nothing to worry about the price fall, because the value will be regained in a short.

Disagree with your statement. How come people that hold bitcoin for long will do the long term of waiting if they will just be satisfied with $2,500+ bitcoin price? What's the sense of holding if that is only their target? In the first place, they hold bitcoin because they believe in the future of it that's why they are willing to hold "for so long" to wait for that skyrocket price. And you just state it, the value will regained for sure so I see no reason why those long term hodlers will sold coins at the current price. Not worth it.

The one that sold coins are mostly traders that's have a regular activity of buy low sell high method. They are not hodlers. They are taking profit out of the dump and eventually will take advantage of the dip then the cycle will just repeat.