How do you honestly feel about the recent bitcoin drop?

[beatzcoin123]

please pardon my manners, but this forum and the crypto space does not need participants like you, i think investors like you are the cause of panic and dumping, now back to your question, about how i feel about the recent bitcoin drop, i feel this is the right time to buy and hodl more bitcoin, and that is what i did, bought bitcoin in  mass, knowing fully well that the price will surely reach 10k by december.

[jozymens7]

This drop doesnt means evrything is finished or the market is going to be collapsed. Last year we were seeing same on the market and I think it is normal to me now. In no time I think the increase will start to come.

[louie69]

This has been a successive bearish market for btc and definitely may contnue but will  no longer below the $5.5k level as I believe this may bounce back witbin a couple of days.  The crucial months which is November and December is fast approaching wherein the expected bullish run might be within these months.  Moreover, this is the right time in buying btc and holding as well.

[White Christmas]

I am relatively new on this and was just invited by a friend to join. I sold mine months ago so I really don't have much. I was thinking that I would have been deathly afraid if I had any bitcoin and this happened. I know it isn't the first time so maybe it will be a good time to buy?

I really felt sad when bitcoin price dropped. To be honest I didnt expect it when it pump so high last year but still it happened. Anyway, even I felt sad that time I dont lose hope on it, I keep holding it and I never do panic selling. Because I believe that panic selling was not the solution instesd it may cause to your loss of your money. It took so long but I still believe that it will increase again and recover.

[bloodyvio]

i know the reason for crypto market down, it's because the stock market is also down
and i feel confused with the cryptocurrency market
crypto has nothing to do with the Stock market
but why when Stock market drop, crypto market also drop?

[akashark]

As we expected a bull run may happen in October, by seeing this crash I don't think Crypto market will fix very soon! I am afraid, we will not see any kind of bull market this year. Bitcoin will not hit even 9K USD within December. This is the reality I am thinking now! So, I assume this not the right time to buy Bitcoin, BTC price will go more down! So, wait for another dump and then you may buy at under 6k USD.

[xfaqs01]

i felt nothing but just a normal thing, it was being predicted base on technical analyhsis  that if it broke from a symetrical triangle either up or down and it really did happen, but if you traded it without the proper risk to reward ratio then youll be one of those that lost money on that day

[BagzMM]

Feeling bad about the recent bitcoin drop is not unusual for everyone especially those risk takers. It is just normal for the market of bitcoin.

[laurakim]

Just think it is normal situation. bitcoin volatility is what we have to accept. the price can go up and down at any time, we also should be patient and optimistic about bitcoin and hope it can recover soon.

[pooya87]

there is no "recent bitcoin drop" unless you count 10 months ago as "recent" otherwise for the past month or so price has been pretty stable without any kind of major rise or drop.

I know it isn't the first time so maybe it will be a good time to buy?

it depends on what you are planning to do with what you buy.
- as a day trader it is the worst time to buy because price is stable and is not going anywhere and you don't know when it will change. all you know is that whales are accumulating.
- as a long term investor, this is the best time to buy because it is after nearly a 70% drop and currently we are in an inverse-bubble and just like bubbles, inverse-bubbles are also unstable. the bubbles are good time to  sell because the drop is imminent and inverse-bubbles are good time to buy because the rise is inevitable.
- as a bitcoin user who uses it as a currency for payment, there is no bad time to buy!

[Sevarchik]

One more 10% drop of price i am waiting it on Monday, i am surpeiced why its happened yesterday.
For last half year its trend falling for 10%

[bce]

for now and the current conditions my feelings are frightened, disappointed, of course, they will arise but can be muffled by my confidence and patience maybe before I start investing with cryptocurrencies I already understand and know all the risks I will get in investing with cryptocurrencies

[RusellTim]

TO be honest, the drop in the prices of bitcoin make me feel sad because i'm investing on bitcoin , I wil get least profit even lose all, of course.

[willramis]

Its being quite while since i started understanding bitcoin price behavior on the market. Bitcoin is very dependable on th news and cash pumps, technical indicators do not work. We should see price mooning with new pumps from Bakkt and Nasdaq's crypto platform coming in.

[nagobinga]

This decline can begin with a simple one so that people to invest in it are not enough and are worried that prices will drop dramatically that is not according to plan.

[Kemarit]

We have seen this is the last months or so there's no surprises here. I wouldn't say it normal, but I guess no one is bothered. On the bright side, people are taking advantage of this kind of small dip, to accumulate more bitcoins. But for those not familiar on how the market moves today, its a bit annoying but I do hope that they will learn their lessons and not just push the sell button.

[xbossJ]

It only gets worse before it gets better! This October drop looks familiar!! Feels like October 2017 second to the last drop before the market began its massive Bull  that has become the one everyone is wishing to see! I believe the would be a bull! But how intense it will be, how high it will go is what I can't really tell! But this Drop looks very familiar and similar to last October's

[Kakmakr]

I feel disappointed.  

We have been working very hard to grow adoption and also to grow the merchant base and I would have thought that this experiment would have gone to the Moon by now, but I am still very optimistic about the future.

After some true introspection, I realized that my disappointment was unfair towards the technology, because the technology is still solid and legit. Speculators came to this scene and clouded my judgement by pushing the price into a stupid bubble.    

We just have to take it on the chin and work through the correction phase now.  

[bp.comp69]

I am relatively new on this and was just invited by a friend to join. I sold mine months ago so I really don't have much. I was thinking that I would have been deathly afraid if I had any bitcoin and this happened. I know it isn't the first time so maybe it will be a good time to buy?

this is what I feared with bitcoin, when all prices dropped all coins fell

[Ruffian1314]

I think we all feel bad for those who have bought bitcoins at a higher price because its already a loss for us but it will become a loss if we sell our bitcoins in such a low price so for me, i will still hodl all my bitcoins and wait for the right time to sell it. The best thing we can do now is to hodl and wait.