Bitcoin slips below $8,000 as investors step away from risk

[BlackAngel999]

if you are investor at bitcoin then you must carry the mentality to take risk , I understand that it price has fall on large amount so yes you must have to be careful and wise about choosing the perfect opportunity but staying away is not a good idea at all

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[khaled0111]

If you are an investor you have to take risks and when you see prices going down you have to be brave and buy.
Bitcoin will rise again you should not spread information like that.
Buy bitcoin and wait.

[BitHodler]

Bitcoin will rise again you should not spread information like that.

People are free to discuss everything they feel has importance, even if you don't like it.

It has become a trend for people to call others fud spreaders or trolls just because they aren't extremely bullish. Please accept that different people also means different opinions. Grow a thicker skin. That helps.

If you think OP is spreading information you don't like, then wait for Kwukduck to show up and start throwing around with his usual dose of extreme bearishness. He's probably the most hated (hated by noobs) person here.

[JustinMoser]

This ups and downs is common for bitcoin and it has seen much worse scenarios in the past. But bitcoin going down means it will definitely go up in the future exceeding our expectations. Those that understand the bitcoin knows its risk and knows what returns it will bring to them. These dips never make them go crazy or scared or make them sell their bitcoin.

[JohnCallahan]

Bitcoin is going through a bearish trend. And it is creating a lots of panics to many people. I think it's the time many investors will enter the market.

[RalphNorman]

I think a lots of non-experienced investors will leave the market now. But whales will enter the market by taking the opportunity. I guess it will cause a good growth in future.

[Slow death]

The recent rejects from the ETF could be the major reason of the investors to pull out and has caused the price to fall. But the users should remain calm and should be optimistic because the price will rise.

true, and it is unbelievable that people still have not forgotten these very bad behaviors, see that it was only to sec say that he was postponing his decision so that the price would go down a lot. the SEC did not disapprove and approved nothing and even then, people started to sell and to make the price fall a lot, this type of behaviors are very shameful behaviors and we can not have this type of behavior because we are causing fear in the new investors. As the new investors will invest in cryptos if they look at the price and in less than 1 hour the price drops $600, just because people sold because the SEC postponed their decision, so if ETF was disapproved the price would fall even more. this is very bad

[basty03]

Bitcoin briefly fell below $8,000 on Monday as investors scaled back their exposure to cryptocurrenices, after a sell-off in shares of technology and internet companies spilled over into other risky assets.

Full article here https://tech-trending.com/bitcoin-slips-below-8000-as-investors-step-away-from-risk/

I think not all are pull out their investment because lot of cryptocurrency users still hoping that this ETF will approved. I think that people who pull out their funds is the one who don't any believe and want only a playing safe.

[samcrypto]

This recent dip down to below 7000 is unforeseen, i mean everything is positive at the moment and still such a dip is surprising for most of us, the only cause of this dip may be the technical pattern as we can see in all time chart the btc is making invesrted head and shoulders which is now completed after this dip and now we can expect btc to be extremely bullish from here.

This is quiet expected for me especially after reading news about the delay on the ETF. Everyone is excited about it, and that is why we hit $8500 level again but since something bas happen expect the market to react the same. This is a very dip price for me, and investing on this level is a good decision, take more risk now with bitcoin because it can be worth it at the end of this year.

[stephen_fortune]

The recent rejects from the ETF could be the major reason of the investors to pull out and has caused the price to fall. But the users should remain calm and should be optimistic because the price will rise.

I think the reasons for the investors to to pull their hands out could be some other.
Lets not talk about the price, we should better talk about the technology to get a good picture of the bitcoin performance. Technologically it seems like bitcoin isn't working proper for the purpose it was introduced.
We had forks in the past which failed then we were expecting the lightning network to bring positive changes to bitcoin to ease the users, which failed as well. Now what are the developers doing to make Bitcoin perform better.
In my opinion until the technological issues are not resolved Bitcoin price may not progress or even if it's price go high it will not be capable to maintain that level of price and growth.
There are some other reasons as well that affect the prices but pressure from those could be reduced if Bitcoin get of technological crises.
We should demand for a better technology and not for the price, price will be automatically increase when we will be offered efficient transaction system with low fees.

These are not "investors" but speculators.

If you are pulling your money in and out out of an asset given X news, you aren't a damn investor, you are just hoping to make a quick buck.

To qualify as an investor you have to study the fundamentals and have a long term view. Obviously anyone that thinks the SEC decision on this or that ETF or future matters for Bitcoin is clearly not understanding the fundamentals of Bitcoin and not an investor by any means. They are just trying to profit from the ups and downs, that's a trader/speculator.

None of these clickbait articles go beyond the latest USD price.

I do even believe that most people doesn't even know completely on whats ETF which most people do just ride on the trends by just hearing out and doing Fomo due to speculations of price shootup.It did happen but only a small percentage hike but now we are seeing the support lines again and breaking already previous strong support. Now we are heading back to 6800.
If we do talk about investors between traders or speculators then there would really be a difference on how they do foresaw about crypto.

Yeah these words are just reasons for people to start speculating about Bitcoin shooting to the moon again. It doesn't matter what an ETF really is, or the negative implications of the massive institutional stream of money poisoning the decentralized essence of Bitcoin, as long as the price jumps up on it.

Those who are just here to ride trends will continue to fish for events like this and do little to no research on them. This is the same kind of person who bought gold in 2011 or marijuana stocks last year. They buy into it because everyone else is and they want to turn a quick buck

[TetraSquad50]

Yeah bitcoin is passing a bad time. I hope it will be recovered soon. But it's a simple think for cryptocurrency because the fluctuations always happen.

[weblouartisan]

Yeah bitcoin is passing a bad time. I hope it will be recovered soon. But it's a simple think for cryptocurrency because the fluctuations always happen.

If you worry so much about the market price then the best thing to do is just read different positive speculations in order to determine what will happen in the future.

[maumaugurin]

I think we need to be more patient with Bitcoin. The cryptocurrency market will always be fluctuating. I firmly believe long term investments are always profitable in the long run. So, we need to hold on to our coins and wait for the right moment.