Bitcoin Drops Below $5,000, So sad!

[wearepoor]

You should take everything positively. The dips represent the opportunity to purchase more coins. For my part, I am honestly praying that there is a major correction soon. If the prices dip below $2,000 per coin (as they did in July), then I will be able to purchase a few more coins to add to my cold storage stash. These temporary fluctuations does not matter for me, as I am a long-term investor.

I agree in you , as soon as bitcoin price drops . Many buyer will have an opportunity to buy bitcoin and store it for saving, Like me if waiting for a meraculous dump of bitcoin and taking a chance to buy some.

You should go ahead with your pans, if a major correction occurs. Because I am very optimistic about the future of Bitcoin. If an altcoin like Ethereum (which has less than 1 million users) can have a market cap of $35 billion, then it is just a matter of time before the market cap of Bitcoin (with an user base of 20 million users) rises to $1 trillion.

I think there is no need for panic, its just a small correction. It seems that large numbers of traders has booked the profit which reflected the current value of the bitcoins. I still believe there are many investors who would like to hold the coins for longer time.

[buwaytress]

Don't be sad, be happy you've been given more opportunities to buy more coins before it roars on to another ATH past 5k! If there's anything we learnt from the past few months, it's that this is exactly the space that short-term traders are creating for themselves. Quick profits, buy in even larger positions at 5-10% less, and then even bigger scalpings in a matter of weeks.

I'm adjusting my own portfolio actually now that 5k almost became reality. Moving a teeny bit more into Bitcoin and shedding some of the alts becoming so hot now.

So content!

[albertvert]

Don't be sad, be happy you've been given more opportunities to buy more coins before it roars on to another ATH past 5k! If there's anything we learnt from the past few months, it's that this is exactly the space that short-term traders are creating for themselves. Quick profits, buy in even larger positions at 5-10% less, and then even bigger scalpings in a matter of weeks.

I'm adjusting my own portfolio actually now that 5k almost became reality. Moving a teeny bit more into Bitcoin and shedding some of the alts becoming so hot now.

So content!

Yes.Their is nothing to get sad at all.Just use this goldern chance to inverse your money in bitcoin.Surely the price of bitcoin again raise to the value of 5000$ soon.So inverse now and check the price periodically and sell when the price of bitcoin crossed the value of 5000$.If you want much profit means,just hold and hold till the price reaches the maximum and sell after that .

[TheQuin]

You really need to keep things in perspective. A good way to that is to step back and look at a longer timeframe, then you can't even see the miniscule pull back from yesterdays new all time high.

[rockatone]

Sad for some holders/traders, but i think we should seize the opening to buy now rather than wait for a major drop down.

[trecore4]

That's too early to say anything about bitcoin price. It's dropping but only for few days may be because those who are getting panicked are selling off the bitcoin or those who are satisfied with the profits are getting their btc sold. So there is nothing much to worry about its price. Moreover if the price drops below 4000 USD then that's profit too because we can buy more and more btc at that time. This is the way bitcoin works and gives most of the profits.

[Lampaster]

I don't quite agree with you. I sold my bitcoins at $ 4900 and then bought for 4600 dollars. This is a very good income for one day. These races are always encouraging me. I certainly understand that order I earned the money, someone had to lose, but agree it's their problem.

[Ctn]

Yeah me too feeling bad about it. People might be thinking it's good opportunity to buy more bitcoin but in my case it's not good thing. The reason I recently bought bitcoin and thought it would cross 5K mark so that I will have enough profits. I was also going to reinvest my profits after getting it in the want that bitcoin will rise even more. Anyway as the bitcoin is going down I believe I should show some more patience now to recover it again. Because if I sell that now then that would be panick selling which I don't want. Hope someone will push me for holding my coins. :-)

[batang_bitcoin]

Bitcoin Drops Below $5,000,  news source - coindesk..
Coz, biggest sell-off since mid-July.

So, it can drop to 4k usd.

So!! need patience..

Best of luck guys

I did missed the chance to see the price of bitcoin hitting $5,000 I did really missed it last time. The price was at $4,400, I saw it went back at $4,600 - $4,700 and now it's lowered by almost $300. I don't want to see it dropping some more but if it hits $4,000 then that's still fine with me. I know that there will be the time that we'll see the price of bitcoin stable at $5k.

[olubams]

Bitcoin Drops Below $5,000,  news source - coindesk..
Coz, biggest sell-off since mid-July.

So, it can drop to 4k usd.

So!! need patience..

Best of luck guys

To the best of my understanding, for something to fall below $5000 it must mean it must have gone above $5000 in the first place which I have not come to learn about that bitcoin price has gone beyond the $5k mark and even if bitcoin should fall below, it does not even mean something much because we know its a set back and it will rise again with out collective effort.

[rajuahmed330]

No need to get alarmed and sad, dips should be seen as an opportunity to buy bitcoins at lower prices which also allows new investments to come in and naturally push prices to the moon in the long run.

I also thinking bro.
by the way thanks.
often need some knowledge 😊😊

[beerlover]

I’m sure it will achieve the price rate of $5,000 soon,  but if it doesn’t achieve that before November, then it’s  likely to take long before it does. Unless people happens to invest a lot into it, then you will see a bigger pump.

[Superways]

this decline correction is necessary and the opportunity to buy it back, and you must be patient because after the decline correction slowly bitcoin will go back up and don't miss this opportunity to get profit.  

You really took words out of my mouth. I am also looking forward to it. I really wanted a dip so that I can have more BTCs and looks like the time is here now but still BTC is very expensive. Gonna wait a little longer. Some are gonna panic like they are suffering from a trauma and might even sell out BTCs. Man, they are going to be the unluckiest ones.

[Granxis]

I’m sure it will achieve the price rate of $5,000 soon,  but if it doesn’t achieve that before November, then it’s  likely to take long before it does. Unless people happens to invest a lot into it, then you will see a bigger pump.

I think now that the price has reached the peak point, frankly, I do not believe that you can pass $ 5,000 by the end of the year, constantly expecting a price increase is wrong, finding important practical solutions.

[laredo7mm]

I’m sure it will achieve the price rate of $5,000 soon,  but if it doesn’t achieve that before November, then it’s  likely to take long before it does. Unless people happens to invest a lot into it, then you will see a bigger pump.

I think now that the price has reached the peak point, frankly, I do not believe that you can pass $ 5,000 by the end of the year, constantly expecting a price increase is wrong, finding important practical solutions.

Price is still at good level and $4500 price cannot be considered as a low price and may be in coming days we may see price going back to $4700 or higher and I am very much positive and confident that we will see the $5k price before the end of the year.

[Pearls Before Swine]

What are you sad about?  When something jumps from $400 to $5000 within a
single year, this is what's going to happen.  And we could drop a lot more before
the correction is finished.  Wipe up those tears, suck in your testiclats and
strap in for the ride.  The bull market is nowhere near done yet.  We'll be at
$5000 within a month, and then after that probably higher.

[selline]

I'm not sure if the price of the bitcoin under $5000 because of the bitcoin currently resides at number $4550 this is probably a temporary movement or unstable thus making bitcoin change-change, a few days ago bitcoin already endured while on the figure of $4800. then it could just be bitcoin peaked again until $5000 figures later this month. I believe bitcoin will pass the $5000 even more in this year

[Gabz999]

Bitcoin Drops Below $5,000,  news source - coindesk..
Coz, biggest sell-off since mid-July.

So, it can drop to 4k usd.

So!! need patience..

Best of luck guys

 When it drop its a good news to hear, cause it will be a good time to buy some bitcoins. Its expected that it will be dropping of its pice after reaching a highest price of it, so be prepare and lets earn some bitcoins it will add up our profit if it will grow the price after a drop of it.

[ethereumhunter]

Bitcoin Drops Below $5,000,  news source - coindesk..
Coz, biggest sell-off since mid-July.

So, it can drop to 4k usd.

So!! need patience..

Best of luck guys

don't be worried, the price will be recover and reach the new price. i think its just for temporary like many of us said and i am agree with you that we need to be patience for a while. if btc drops, then its time for altcoin to gets up although the increasing of the price is not significant but at least, its help us to reach profit to increase our bitcoin.

[AK47-]

In Bitcoin price appreciation excitement, people tend to forget that it is highly volatile asset. Volatility is not always upward, it is downward as well. People should understand Bitcoin can't just keep on increasing. A correction always happen whether small or huge.