The real problem of bitcoin price decline

[Good Bo]

It's only a problem if you bought high.

I can only guess what is going in the minds of those investors, who bought Bitcoin for very high prices. They have now nothing to do but to wait; otherwise the loss will be sufficient. I bought BTC earlier, and I am holding it waiting also for the better times.

As investor, we should take this risk to have chance gaining a lot of profit.
Early investor and also later inveators have one goal to gain profit so everybody has the same risk.
They believe into bitcoin so they bought it in high price and hope price increase.

[1714589227]

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[faceoff97]

We cannot blame them, most holder are just holding simply because they thought that bitcoin is all about pumping. They just go with the trend not realizing why they are doing what they are doing. I remember few months where the hype is so high, tge number of people I know whose investing doubled and multiplied. Most people think that holding bitcoin will make them instant millionaire, this people has to be reoriented.

[xhoondilan]

I think its part of our life that people like that always exist when we encounter new things, its like in the movie there is a "Protagonist" and "Antagonist"
you can't live without having that two. But no matter how they look down or make so many fake news on bitcoin still bitcoin is spreading and no one can stop bitcoin's popularity.

[adzino]

You can't blame them. They invested and it is quite natural to be scared if they see something going unplanned and rumours being spread. Specially new traders who has no knowledge about how the markets work.It takes time for them to understand and eventually they will. You can't just tell them to leave the community.

[samuraijin]

everyone would be panicked with news that is not necessarily true, I do not know why they are not researching the news is true or not, so why bitcoin prices down in my opinion is this is called the 2 year stage, I always see every 2 years bitcoin prices increased slightly sharply and find high prices, 2017 we go to high prices could be 2019 we will find again high prices

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[slyfox]

You can't blame them. They invested and it is quite natural to be scared if they see something going unplanned and rumours being spread. Specially new traders who has no knowledge about how the markets work.It takes time for them to understand and eventually they will. You can't just tell them to leave the community.

I really do not know if it's appropriate to call them traders, you need to know about how the market moves and many concepts before you are able to call yourself a trader, to be honest many of the people that invested not knowing what they were getting into were really dumb, I know that I'll never do something like that especially if you are investing a significant amount of money that you are not willing to lose in a market that is so volatile.

[Aviney]

The real problem of bitcoin price decline is that more of 50% of cryptocurrency community are most of them ignorant and lazy people , they just follow rumors , they never get news from trusted source , never do research and this what create this panic Sales on the market and this bloody bath that you see right now , they heard about bad news from India so they start selling and never try to understand what was the news and  what is really going on , and did this affects on bitcoin or not , I am sick and tired of those kind of people .
If you don't believe in bitcoin just walk away , we don't need you in our community .

The actual problem of bitcoin price decline is that more of 50% of cryptocurrency community are almost all of them ignorant and lazy people, they just follow gossips, they never get information from trusted source, never do research which what create this panic Product sales on the market which bloody bath that you observe right now, they learned about bad news from India so they start advertising without try to understand what was the information and what is very occurring, and did this influences on bitcoin or not, I am sick and tired of those kind of folks.
If you no longer rely on bitcoin just walk away, we don't need you inside our community.

[BinarySoul777]

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[Redhead5]

When the market crashes and dips, people get scared, they panic and they start selling which in turn just causes the price to go further down. Lack of good information and the spread of FUDs contributes greatly to the price of bitcoin dropping.

You are right.People are getting scared of the huge dip due to some FUD's or fake news heard which are not really totally happened. They get easily believed with FUD's without knowing what really happened in the marketcap. They panic selling even of the big dip and get disappointed of the big losses with the false information get heard. Negative information and scam happenings will contributes greatly bitcoin price declined.  

[Flayme]

Probably you are correct almost lots of people made a rush decision and believes with a false rumors without searching if it is true or not... Others just made a rush decision that sometimes in the end it will affects then...  This act can be traced in one only problem here the market unstable prices and value...  Its movement is irregular and very hard to predict but as a cryto user it depends to us if we will made this or we will become wise enough because its hard to study how to make a good decisions so its up to us if we will want to make a rush decision or not... After all your success depends to you...

[Arifulislam1010]

I also agree with your opinion when prices up some people waiting for when the price down and they want to buy that time . on the other hand fud and panic sale also major reason for price down .

[DanielM.King]

I think you are right because they don't know the value of bitcoin

[Krispin47]

The real problem of bitcoin price decline is that more of 50% of cryptocurrency community are most of them ignorant and lazy people , they just follow rumors , they never get news from trusted source , never do research and this what create this panic Sales on the market and this bloody bath that you see right now , they heard about bad news from India so they start selling and never try to understand what was the news and  what is really going on , and did this affects on bitcoin or not , I am sick and tired of those kind of people .
If you don't believe in bitcoin just walk away , we don't need you in our community .

They easily get swayed by news or rumors about cryptocurrencies that in a result, is forcing their hands to let go of their assets and later on, regret the decisions they made because the coin that they have let go, recovered and started increasing folds that before.

[Itha_]

The real problem of bitcoin price decline is that more of 50% of cryptocurrency community are most of them ignorant and lazy people , they just follow rumors , they never get news from trusted source , never do research and this what create this panic Sales on the market and this bloody bath that you see right now , they heard about bad news from India so they start selling and never try to understand what was the news and  what is really going on , and did this affects on bitcoin or not , I am sick and tired of those kind of people .
If you don't believe in bitcoin just walk away , we don't need you in our community .

I still believe in the existence of bitcoin, it was recently confiscated bad news about bitcoin from india. Bitcoin does have a good side and a bad side in some countries, there is a country that is very open to bitcoin so vice versa in a country that is still closed with the presence of bitcoin. Depends on the person who's worth it, but now there are still many people who believe it.
Keep the spirit .

[slyfox]

The real problem of bitcoin price decline is that more of 50% of cryptocurrency community are most of them ignorant and lazy people , they just follow rumors , they never get news from trusted source , never do research and this what create this panic Sales on the market and this bloody bath that you see right now , they heard about bad news from India so they start selling and never try to understand what was the news and  what is really going on , and did this affects on bitcoin or not , I am sick and tired of those kind of people .
If you don't believe in bitcoin just walk away , we don't need you in our community .

The actual problem of bitcoin price decline is that more of 50% of cryptocurrency community are almost all of them ignorant and lazy people, they just follow gossips, they never get information from trusted source, never do research which what create this panic Product sales on the market which bloody bath that you observe right now, they learned about bad news from India so they start advertising without try to understand what was the information and what is very occurring, and did this influences on bitcoin or not, I am sick and tired of those kind of folks.
If you no longer rely on bitcoin just walk away, we don't need you inside our community.

You are right but the problem is that those kind of people make the majority of any market they are not going to disappear and in fact they're going to become even a greater nuisance in the future so the only thing that you can do is to take advantage of it, I know that is not healthy for the development of bitcoin but we will need to find ways around it.

[Dudeperfect]

Yes, panic selling is very dangerous for the overall crypto market. I have seen price falling by almost $2200 in front of my eyes in just 10 seconds when government official announced instructions to the banks to stop providing service to crypto exchanges. Immediately, price recovered as the experienced and big traders started buying at that level but for panic sellers, everything was gone. I believe that it is the lack of mass maturity when it comes to taking such decisions. Things should improve down the road for a better system.

[Rustamm]

With this situation, you just have to accept it. We can not change anything in this situation. There will always be a lot of people who, without understanding the essence of incoming news, will sow panic and, at the slightest risk for bitcoin or other crypto currency, immediately sell them. It has always been and it always will be. Such people, because they will suffer losses, will themselves leave the world of crypto-currency and, thus, the crypto-currency market will get rid of them. This is a normal and normal process.

[qwirtiii]

The real problem of bitcoin price decline is that more of 50% of cryptocurrency community are most of them ignorant and lazy people , they just follow rumors , they never get news from trusted source , never do research and this what create this panic Sales on the market and this bloody bath that you see right now , they heard about bad news from India so they start selling and never try to understand what was the news and  what is really going on , and did this affects on bitcoin or not , I am sick and tired of those kind of people .
If you don't believe in bitcoin just walk away , we don't need you in our community .

Yes your right, the bitcoin value will decline but sometimes it getting higher. We need to wait for the increase value of this. And for the bad news in india dont become so affected on that. Just do your task and mind your own business.