How do you honestly feel about the recent bitcoin drop?

[Reatim]

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 who wouldn't be worried when the price of bitcoin is going down? Although the drop has stopped already and its seems the price is stable around $6.2k and I'm glad it didn't go below the $6k mark again. Yep, its a good buying point because the price could increased again.

[Aponkye1]

lol...the drop in bitcoin value can sometimes get a little bit frustrating but if you really get to appreciate that bitcoin is a cryptocurrency then its volatility will not be something difficult to get hence its constant fluctuating in price. This is the investment plan we have chosen to run along with i guess we can endure some its setbacks hahaha.

[LindaFallar]

Well, i am only accepting the fact that the constant thing in this world is change. The same with the recent bitcoin drop, i just accept the fact that this will happen. I know sooner this will rise again.

[gesdan]

yes sometimes we afraid when we hold the cryptocurrencies and the price is going down, we afraid if the price of bitcoin is going down more and more right? but i think if we believe in bitcoin and make a prediction about the future of bitcoin price we can hold the bitcoin until our prediction reached

[biskitop]

I think this is a natural thing because bitcoin fluctuates. if the demands on bitcoin rise then the price will go up and if the demands go down the price will also go down. currently bitcoin is dropping, so it can be ascertained that bitcoin is experiencing drastic decreasing demands, or in quotes here many investors are selling.

[marjon]

Yes I noticed that drop as well, but I never got worried now anymore since I learned patience thorough holding assets in my wallet until not safe to trade.

[Ekimzjames20]

Yes I noticed that drop as well, but I never got worried now anymore since I learned patience thorough holding assets in my wallet until not safe to trade.

If you understand and have enough knowledge in bitcoin, you feel, nothing. Because that is the movement of bitcoin or cryptocurrency, but this is for sure it will rise in the right time.

[maulana rifai]

yes sometimes we afraid when we hold the cryptocurrencies and the price is going down, we afraid if the price of bitcoin is going down more and more right? but i think if we believe in bitcoin and make a prediction about the future of bitcoin price we can hold the bitcoin until our prediction reached

You should learn to understand price movements so that all the steps you take are successful. if you only buy without any basic knowledge you will fall into ignorance that causes loss. I personally have no fear if someday bitcoin will continue to go down in value or I suffer losses in the long run. I am calm because I have income from the culinary business.

[btcluisdiki]

Off course, people are not really happy with the current bearish market wherein it had been a longer time since we have this kind of down trend market. Most of the people are much in favor of the bull market since it could have a positive advantage for the investors where they could gain promising profit. However, make this an opportunity in buying cryptos to the extent that price value are much way lower than the usual market and a big chance of making good profit once bullish market will be in place.

[cahbagus555]

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?

Its really sad watching bitcoin price right now. Its more than 80% drop the value from highest price at $20k. Its hard to predict bitcoin price in near future but i do believe bitcoin is good long term investment

[Qurelal]

You can buy not only Bitcoin. it will be more profitable for you to buy several currencies. The market situation is unsustainable and every day everything can change dramatically.

[Micronometer]

I have put my trust in Bitcoin and I have kept my patience. There is really no point in panicking.

[Angleworm]

Bitcoin market is very volatile, so price drop and rise is not a new thing. It is a good time to buy because researchers are predicting that price of bitcoin may rise by the end of this year.

[alexhunter54]

i  really  did not  feel  anything  because  its price  has  time  that  is  bad  and  it  does  not  mean  that  eveything  is  finished  so  we  just need  to  be  a  little  patient and make  good  analysis what  we  are  buying  and were  we are investing.

[Antinomist]

If you look at the price chart since bitcoin's inception, you would find that it always kept climbing despite a fall. So. if you are new to this, calm down. It's not the end of the world, mate.

[tegarp90]

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?

Was so surpriced at first because i don't have drop experience before.
But after several months and much experience i get, i feel it's okay and patient is the key

[Symptomatic]

Investing in bitcoin is never too late if you want to stay for a long time. But in case of selling, you have to be smart. You need to analyze the market calmly and then act.

[shivansps]

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 who wouldn't be worried when the price of bitcoin is going down? Although the drop has stopped already and its seems the price is stable around $6.2k and I'm glad it didn't go below the $6k mark again. Yep, its a good buying point because the price could increased again.

The 6k area is strongly supported by big miners (I think). If we go below 6k it will be pretty bad for market. We could also bounce very quick if that will be the bottom

[raven.tiu17]

I'm happy indeed coz I can,buy more bitcoin and this is the righ time to grab this opportunity to bag and hold bitcoin. People in crypto space are very hunger to see the market to recover again. The recent drop of the market was actually absurd.

[yurekaa]

for beginners, it's only natural to feel scared or anxious when the price of bitcoin or altcoin goes down. however you will feel used to when you have joined digital currency for a long time. and you will slowly adapt to all the risks that will occur in the crypto world. now is the right time to buy some bitcoin or altcoin because prices have decreased since the beginning of the year. and crypto prices are very difficult to return to the highest level. so it's perfect if you want to start investing.