Bitcoin crashes Roughly once per quarter

[btcney]

In days of pumping people seem to forget about how deadly dumps can be as well. And the funny thing is many people feel a lot more comfortable with buying at the peaks than buying at the troughs. It's funny how people have a short term memory.

Anyways, this chart is an excellent illustration of why you always want to buy at the dip.

You could be easily getting coins at a 30% discount or whatnot, instead of buying at the absolute highest price and be left to hold your bags for years to come.

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[Wind_FURY]

Don't call a small dip as crash, like what happened last time that we've been through $8,200 down to $7,700. That's not a crash, it's just a correction. Don't think that when the price of bitcoin is getting down, don't call or think it's on a crash. Crashing will lead bitcoin down back to 3 digits.

I believe a dip that high can be considered a "mini crash" for some tradional market analysts. If the same happened to a stock market index, they would start making up bearish scenarios on why it happened.

In the Bitcoin world, we are so used to high volatility that a dip like that is an opportunity to buy.

[Denker]

Just buy the dips!
When you have hard times to catch the bottom then just average in.
We know the big money is coming in the next 12-24 months. Being in before the Wall Street guys is a chance you only get once in your life. And that's now, with Bitcoin the case!
So everytime when Bitcoin goes down, check the markets and listen closely!! Then buy and HODL!

[Febo]

Bitcoin crashes Roughly once per quarter

It crashed way more times this year then just 4 times.

[olushakes]

Everybody who is knowledgeable about the workings of bitcoin knows that its normal for price to drop which has never fail to happen. What I see here is not an analysis rather its a trend because bitcoin price will surely fall and it will happen at some point in the year what the chart does is now to put it in quarter which is still what is happening. I would be more interested if it can predict the exact time in the quarter when the fall will happen. Aside that, I see no further exposition this is talking about.

[vit05]

Just buy the dips!
When you have hard times to catch the bottom then just average in.
We know the big money is coming in the next 12-24 months. Being in before the Wall Street guys is a chance you only get once in your life. And that's now, with Bitcoin the case!
So everytime when Bitcoin goes down, check the markets and listen closely!! Then buy and HODL!

Or buy, sell and then buy again. The only thing you can never do is go out of the market. Everyone that has bought one Bitcoin should never stay again without any Bitcoin. It is a pact forever. But you could use some after you make some profit or is in doubt about to where the price will go in the short term.

[Drnice]

Yes that's true and this always occur when there is an upcoming bitcoin fork, and after the fork the price shuts higher than it was.

[omonuyak]

We have corrections time to time and clashed in bitcoin price only happens in 2011 and 2012 since then we have never witnessed any major clashed in bitcoin pricing. We should know that corrections create opportunity to buy an assets at a cheap price including bitcoin and others cryptocurrency and we should not see corrections as a problem, as price cannot continue going up. As at the time of making this post bitcoin price is above $8,700 and maybe by tomorrow morning a little correction will happen that will pull bitcoin price close to $8500 and from there the market will gather strong momentum to break $9,000.

[tabas]

Don't call a small dip as crash, like what happened last time that we've been through $8,200 down to $7,700. That's not a crash, it's just a correction. Don't think that when the price of bitcoin is getting down, don't call or think it's on a crash. Crashing will lead bitcoin down back to 3 digits.

I believe a dip that high can be considered a "mini crash" for some tradional market analysts. If the same happened to a stock market index, they would start making up bearish scenarios on why it happened.

In the Bitcoin world, we are so used to high volatility that a dip like that is an opportunity to buy.

Exactly, we don't treat such "mini crashes" nor corrections as something that is very negative. This makes us more greedy though because we are having a very nice way to get in again and this makes everyone encourages to buy more. And it's like a norm already that when there's a dip, everyone considering it as buying time.

[BitPlace]

Bitcoin crashes Roughly once per quarter

It crashed way more times this year then just 4 times.

Crashing is part of fluctuations created by the time dumps happend and we cannot prevent that to happen. Most of the investor specially those with weaker decision might be losing control and immediately sell their hildings when needed. That makes the bitcoin price volatile in an unpredictable ways.

[AmXProX]

One thing is common on these price drop, after each of these drop the price will go higher than the price before it dropped. It really makes me thinks that these "crash" is somehow created by several people in order for them to invest more in bitcoin.

Only once per quarter? So that means I can buy Bitcoin only 4 times a year? That is very disappointing.

But DaMut, player514. The graph does not consider how fast Bitcoin recovers after every "crash". They are actually crashes, but Bitcoin's quick recovery makes them look like corrections.

The problem is that bitcoin can lose 20% of its value one day and recover the next, so even those 40% decreases in the price are just a few days of loses to bitcoin that is why I do not consider anything below 50% lose in value to be a crash, this may seem to high for many but it is the only way to distinguish the real crashes from the corrections that do not last long.

Yes it is really hard to determine if when will the price go down or if it will still recover and on what price will it stabilize.

[xuan87]

Actually is not a crash but more of correction,the reason why the price go down is because the price going up too fast, usually is cause by a bunch of people buying bitcoin or a short term to get profit, so it's kind of pumping, this action is very common

[jamids]

Actually is not a crash but more of correction,the reason why the price go down is because the price going up too fast, usually is cause by a bunch of people buying bitcoin or a short term to get profit, so it's kind of pumping, this action is very common

During this correction, its the good time to buy bitcoin. Well there is a market cycle so it is not surprising that from time to time there is a correction because if a currency always go up, it will crash hard that's why when there is a buyer exhaustion, price goes down and then accumulation begins and later on price pumps again. Those who are in the crypto market for a long time can already speculate where the price might go while some of the newbies always panic when the price goes down resulting to a sudden drop in price. When it comes to trading cryptocurrencies, it is a roller coaster ride.

[Xabad]

In this "crashes" if you consider it as one there are significant events that happened before the price went down, Mostly it was because a FUD was released against Bitcoin but you will notice that the price recovered right after and it always exceed the previous price before the "crash".