How do you honestly feel about the recent bitcoin drop?

[Moiyah]

Even if there are times like unexpected bearish for twice at the same week, I am still not used into how this manipulative market has. Bitcoin was really unpredictable, even so, if you are about to invest in btc, prepare yourself with this kind of market's attitude. This is how cryptocurrency goes in reality.

[jseverson]

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

I don't think things will turn out quite the same way, the key difference being last year's strong year-to-date performance. We're on a bear market now and the same couldn't really be said then, even with the sudden drops. I think people expecting a strong bull run to end the year a la 2017 are going to be very disappointed.

[Callanta787]

Its always good to buy when market is down so you can get your hands on some now,market is in red again because of bad news here and there but we all know it won't last so just keep buying for now

[Desscount]

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?

nothing is truly calm unless it has gotten huge profits, of course this is a matter of how you react. yes, the current situation is not so good but you can still speculate to get a profit, the problem lies in your knowledge and experience.

[bitfocus]

Nothing special, BTC is volatile. And also a very good investment as I believe, so, I dont check the price everyday, or storm my brain about the deadline it crossing a certain mark.

[blocklancer8]

The thing about bitcoin dropped dramatically is not a new thing in the world of bitcoin, at the beginning I knew bitcoin bitcoin prices were far below the current price. So, it's natural that this happens and we don't need to panic. It is precisely in this decline that we can mine even more because market prices are unpredictable. In the short term, we can make a profit even though it's not big.

[bering]

First time when i know bitcoin lost more than a half price when reach all time high then i was so upset at that time and sometimes i was wondering while i expect bitcoin price will break all time high but in fact almost a year bitcoin seems stuck even some people called stable but i called this movement price were stuck but acceptable or not this is the fact when we play with the thing which have high volatility such as cryptocurrency

[oginiimaoyani]

I feel is the right time for investors to take advantage of this drop no need of being panic, situations like this requires patients to enable you achieve your dreams.

[timotron]

Hi, I would be very careful with Cryptos right now.

It seems they have bottomed out and are in a slow recovery phase. But it also can be a BullTrap and we can see another few legs down :S

  In any case, be careful and don't let the train go without you!

I think is a good time to buy, it was better a few weeks ago, but still, good entry points here.

Good luck!

[FedorIzmailov]

if I had available funds to buy cryptocurrency, then I would advise you to buy it now because we are now at the bottom

[dr_chen]

It is advisable to take a look at the development of technology in the world for those who suspect that bitcoin and crypto will develop. I'm not negative about price drop. In the past years patience won, personally I think the same things will repeat.

[Leomarco]

actually I feel upset because the price of bitcoin that shows no sign of going up. it's been 8 months but bitcoin hasn't gone up too. but I still believe that bitcoin will rise sooner or later. just wait for the time.

[boakyei]

The recent drop in bitcoins has brought my confidence down about bitcoins getting to 9000 USD at the end of 2018. I had anticipated that bitcoins can end the year with a price at 9000 and above.

[megamonkeyman]

it's correct . This is not the first time that bitcoin prices have dropped sharply and this is a good time to buy more bitcoins. I find that the growth rate of bitcoin is very good. The current value of the bitcoin is only $ 6280 but tomorrow it could rise to $ 6500. This is good for you to make short term investments to generate quick profits.

I wouldn't give this kind of advice to people. Buying bitcoin right now is very risky, I would better wait and confirm the trend reversal rather than losing in value. Because it can not only raise to $6500 but also go to 5800 and later even lower.

This is my thinking entirely. Personally I think long term it will go up but short term who knows.

It's so easy to get burned for your hard earned money.

[charlemagne_15]

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?

At first, when I am still new to this, every time I heard that the price of bitcoin is dropping I am very disappointed but now that I am fully aware of it whenever I heard that the bitcoin is not doing good I just let it because it seems that bitcoin is always fluctuating. Also, sometimes there is a good result of its dropping so no need to worry.

[Cryptrx]

It has been a bad experience because the haters have been capitalising on it to call bitcoin all sorts of names. I just hope we will see a positive movement before year end.

[Btcjunpitz18]

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?

At first, when I am still new to this, every time I heard that the price of bitcoin is dropping I am very disappointed but now that I am fully aware of it whenever I heard that the bitcoin is not doing good I just let it because it seems that bitcoin is always fluctuating. Also, sometimes there is a good result of its dropping so no need to worry.

I agree, this is what we feel when bitcoin going down its value. But this is what the market intended for. When the value goes down many investors will buy bitcoin after that expect it bitcoin will go up on its peck.

[supermine]

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?

The recent price of of bitcoin have nothing to do with when we compare it to the price drop from the beginning of this year and this is not new here so if you are willing to take risk of buying bitcoin now then you may rewarded with good profits when the price increases but the time taken for that is nobody knows.

[Jateng]

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?

Of course sad and sadder when this drop become crash for a long time. Who wants to see bitcoin dropping? No one. Two months to go it is already a year of drop. It is very long yes. But everybody is hoping that by the end of the year it will recover or even increase more. Good time to buy ? Yes I think because bitcoin is still low, grab it.

[SistaFista]

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?

And why did you sell your bitcoin ? If you want to involving in crypto again, you should hold your bitcoin and buy more good coins in this bear market.
There is nothing to be afraid. If you want to buy coins, you must be able to afford to lose them, otherwise you wont have the patience and trust in your money.