Bitcoin now makes me feel a bit worried.

[gabmen]

This kind of scenario is not new to bitcoin. It is just the nature of volatile cryptocurrency market really is. As I can see there is noting to worry about. Instead, grab this opportunity to buy and hold. Then all you have to do is to patiently wait until the price is profitable enough.

Yeah. If you're that worried then you probably haven't been that long into bitcoin and crypto. Its normal to feel a bit anxious and uneasy when its you're first time seeing all those reds, but take it from experienced traders, this is an opportunity that doesn't come most of the year.

[1714995882]

1714995882

[Donaldturp]

This kind of scenario is not new to bitcoin. It is just the nature of volatile cryptocurrency market really is. As I can see there is noting to worry about. Instead, grab this opportunity to buy and hold. Then all you have to do is to patiently wait until the price is profitable enough.

Yeah. If you're that worried then you probably haven't been that long into bitcoin and crypto. Its normal to feel a bit anxious and uneasy when its you're first time seeing all those reds, but take it from experienced traders, this is an opportunity that doesn't come most of the year.

This is correct, non-experienced people always have problems on bitcoin markets. They worry frequently and they get depressed due to low prices.

[DMiracle1]

Bitcoin has struggled since the end of 2017. It has plunged on more than one occasion, and its current value is down roughly one-third from its all-time high. But one analyst is predicting a huge rise ahead for bitcoin. The pattern the analyst has seen is for Bitcoin to surge in value, then plunge and plateau for a little while, before surging again. Right now, bitcoin has been kind of building a foundation, and soon it will re-rate a bit higher. So don't worry too much. Worrying too much will do you no good.

[MalakEnay]

I think there are not enough reasons to feel worried about the current behavior of bitcoin. You have to take into account that just a year ago its price was $1,000, so it was predictable that this great upward trend that took the $20,000 mark a few months ago was absolutely unsustainable and a consolidation stage that seems to be around $8000 was necessary. Therefore we must be patient before the possibility that the current price range is maintained for several weeks before resuming its upward trend.