This why you shouldn't be worried

[Gabrielexas]

This is why you shouldn't be worried and should understand how bitcoin works



ps. sorry I don't know how to load an image 

[logfiles]

This is why you shouldn't be worried and should understand how bitcoin works

That's what you wanted to post
It will definitely rise again. all that matters is what one's strategy is. One should know when to exit or how long to hold. Either way, we are in it for profits, Isn't it?

ps. sorry I don't know how to load an image 

It's all okay, Newbies are restricted from posting images but once you rank up to Jr Member, You should be able to pst images.

[Gabrielexas]

Thanks for this I was wondering why my image would not show. Great reminder to those who are not aware of the history of bitcoin to get used that this is not new and probably not the end but the beginning of a new cycle which by judging by the history of bitcoin itself, will bring a new all time high in the future.

[kucritt]

it just a specilation right? maybe it can't be happen and maybe happen, no one knows about it right? but if you believe in bitcoin you should know that bitcoin is the one interesting digital currency in the woel

[Bitcoinnation]

That's how the market is, there is a bullish tend and a bearish trend. when there is a bullish trend, Often times we forget that it's not there forever and don't remember to brace the ugly bearish trend which happens afterward.

Today I read about what's happening the stock market and realized that it's not only happening in crypto. So we should just keep strong, this won't last forever

[flying_bit]

For me, as long as bitcoin is fighting and have resistance then no point of worrying too much. As long as I can see that there's still people buying, using and trading bitcoin and there's resistance to go much lower then I'm still on this ride.

[Bincanet]

This is why you shouldn't be worried and should understand how bitcoin works

https://i.imgur.com/ae9sK3J.jpg

ps. sorry I don't know how to load an image 

can not agree more. we should not worry too much. just believe in your investment and keep holding.

[kaisa]

For me, as long as bitcoin is fighting and have resistance then no point of worrying too much. As long as I can see that there's still people buying, using and trading bitcoin and there's resistance to go much lower then I'm still on this ride.

Right... A terrible market for investors who don't understand how bitcoin is driven. Although the case of the fall in the price of bitcoin is not the same from year to year, this technology is quite well used in the financial sector. Anyone who is familiar with this technology, surely will not leave it. For some traders, this might be a nightmare.

[Velkro]

This is why you shouldn't be worried and should understand how bitcoin works

People who were here since long time are not worried .
But good that you try to educate people about historic BTC moves. Statistics can be tricky, and graphs, you did good tho.

[Yaunfitda]

For me, as long as bitcoin is fighting and have resistance then no point of worrying too much. As long as I can see that there's still people buying, using and trading bitcoin and there's resistance to go much lower then I'm still on this ride.

Right... A terrible market for investors who don't understand how bitcoin is driven. Although the case of the fall in the price of bitcoin is not the same from year to year, this technology is quite well used in the financial sector. Anyone who is familiar with this technology, surely will not leave it. For some traders, this might be a nightmare.

Well for some newbie traders, its a nightmare because no one has seen this dramatic fall although I have seen others making a prediction as early as 2018 that we will see a dramatic fall but not of this magnitude.

We can't really do anything but we do have a choice. HODL. There's no way that you should sell at this point otherwise you will just take a loss. And everyone should look at their investment for the long haul because that's what's separate a smart investor to a a dumb investor. Those dumb investors panics sell their coins and then bitch around, while smart investors stays cools and became rich overtime.

[JRoth]

I think I'm relatively new to the space and didn't know about these drops so seeing this made me feel better. I'm going to hodl of course but this puts my heart at ease a bit.

[mary0919]

This is why you shouldn't be worried and should understand how bitcoin works



ps. sorry I don't know how to load an image 

In my part I should not be worried because that is natural. Although bitcoin price is low for now we can still earn from it by monitoring the movement of its price we can determine on what price he fall so dip and on what price it will run high. Bitcoin price is actively moving in the market so we can still earn although the price is very dip now. If I have money for investment this is the right chance to buy for bitcoins.

[Smon]

This is why you shouldn't be worried and should understand how bitcoin works

People who were here since long time are not worried .
But good that you try to educate people about historic BTC moves. Statistics can be tricky, and graphs, you did good tho.

Just watch and watch the bitcoin line up and down daily, every month like me you will see this is just a little price-driven, is a bit larger than the previous. And I still hold my position, do not care or worry about what's going on in the bitcointalk community .

[Dimon8]

Our goal is profit. In any case, to achieve the goal, patience and calmness are necessary. Based on your table, you can observe the pattern in the price change and conclude that in the future Bitcoin will become even more expensive.

[denzkilim]

This is why you shouldn't be worried and should understand how bitcoin works



ps. sorry I don't know how to load an image 

I guess that image speaks a lot but you can't blame those people from being worried especially those who invested in Bitcoin at its peak price of $19,000 US dollars and they are now absolutely frustrated because most of the hodls and expects that this November will be the start of the bullish season of Crypto Currencies. I know that there a lot in here that lose a lot of money on investing on Bitcoin but it isn't Bitcoin's fault because in the first place Bitcoin isn't an investment and even in the Bitcoin white paper it does not indicate or tells anyone to invest in it. Bitcoin is a form of digital or electronic money that cuts down the trust issues on third parties and it is a peer to peer transaction that makes it easier for everyone to use it.
The real goal of Bitcoin is different from today because these days it becomes an investment medium and people decides what it will be, because of its decentralized nature.

Just like what I always say. It is better to invest only the money that a person affords to lose rather than risking everything in this very volatile and wild industry of Crypto Currencies. 

[HabBear]

Yeah, yeah, "we've been here before"...got it. I suppose it's reassuring to see the stats. The fact that we're down almost 80% from the last high is NOT the deepest pull back we've seen (although it's close). The challenge is two fold: (1) with each new high, the same incremental percent downward we go involves a significantly greater nominal value (i.e., amount in euros, dollars, etc.) decline we have to endure, and (2) the adage "past performance is not indicative of future results" basically states that charts like these have little to know impact on what could happen going forward.

We're free falling and it's a tough time to be in.

[Kakmakr]

I think the 94% drop in the price in 2011 could have been the death blow for a lot of people, but the hard-core believers in the technology back then, pushed back harder and they got huge rewards in 2017. <just 6 years later> 

The thing about Bitcoin is this, it is as resilient as a badger and it is as tough as nails. As OP has pointed out in this image, Bitcoin has been on the ropes, several times before, but like Rocky it always bounce back with a vengeance. 

I just hope we do not have to wait another 6 years. 

[Shatterlean22]

Bitcoin is one of the best currency of this generation, nothing to worry about as rise and fall is a part of how it works and in fact that's what keeps the balance ,in the future we will see even a more higher price

[SixOfFive]

When was it gone? Bitcoin is here to stay at least for a decade. Good to see that day by day more people are realizing this. I know Bitcoin is going through hard phase but we never know when it might surprise us. The current price of Bitcoin is very low than its actual worth and we all know about that. Therefore, we should have patience and faith in Bitcoin and wait for to rise in value.

[Coyster]

No matter how much we preach the hodl/patience game, i Still think it's almost impossible for any investor right now to refrain from panicking(on various degrees though)

I'm not much of an old trader,and I must be honest with you,i have had urges to sell off in the past few days,at least with the hope of cutting down on possible/potential losses..

Some say it's the end of bitcoin,others say it's a normal market trend, the market has been filled with speculations and predictions,but none is really anything to hold on to..

No one really knows what's next for the bitcoin,ill still exercise more patience as I'm already at over --40% loss