sudden drop in BTC?

[lienfaye]

The market will recover thats for sure, if we track the history there are more worse cases compared to whats happening now.

Lets keep in mind that this situation is just temporary so take advantage this sudden drop and buy additional bitcoin and hold.

Everytime the market is declining I dont monitor often to refrain myself to sell. In times like this we have to think positive because its a way to survive.

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[batang_bitcoin]

I would suggest that you keep a strong patience and set tight. Market will recover itself.

Do you think that i am right?  Go ahead and share you thoughts about the current market situation and your point of view.

Your thought is right of being patient and holding tight at these times. It was proven that this strategy to be effective, I've been a holder since I've learned from my mistakes and I can say that this is really working when the market isn't good for most. The sudden drop of btc can't stop us, the holders to pursue our plan of holding. Your worst enemy is losing your patience and when you take the market anymore because you are looking to the daily charts.

[santiPOGI]

There were so many sudden drop in the bitcoin history price and chart.
It is normal and it is a good thing, the drop indicates a near rise of the price.
This is cause by manipulation by many whales in the community.

[cryptothreads]

if this price reduction is only to test patience, I think it is very successful. I'm sure, when the price of bitcoin fell to $ 7,000 to $ 8,000 a few days ago, it made some people sell their assets. for myself, so far I have continued to hold the coins that I have, but due to falling prices that occur, I can not stop to check the price of morning and night. Well, this is really hard, but I will be patient in this matter.

You can be patient or choose to invest more because the current price of Bitcoin is very cheap and it will be good for the long term if the investment demand increases in the near future. I often choose to trade margin during a time when the value of BTC drops unexpectedly because it is an opportunity to earn the fastest profit without having to worry too much. In fact, many other investors also choose this trading method because this is the strategy with the highest success rate.

Of course not everyone can do it because if you don't have good mentality, you are very scared and this will not be good for your profits. The best advice right now is to stay calm and wait for the next move of the BTC

[Rikotin]

from my personal point of view, altcoin and bitcoin prices are currently experiencing the worst price declines during 2019. but I think this fluctuation is normal in the crypto market and this depends on how you respond to the current market situation, about patience or choose with other options. but I'm not worried because I'm sure the market still has a chance to rise from this downturn.

[michellee]

As long as you can stay calm, there's nothing to be afraid. The market will be recover and back to the higher price, but before it's happening, we need to enjoy the ride and feel the bear market in a long time. We are sure that when it's recovered, you will see that your money will be back and you will make a  bigger profit, so you don't need to worry. Just hold your coins, especially if you already have bitcoin, never sell at a low price, so you don't lose the chance to make a profit.

[Kersh768]

In the present days the BTC market is going down and there is some fluctuation in the price but that is just to test the patience of the traders and the investors because when the big fishes wants to invest the price just go down and they buy the BTC at low price and when the market recover itself and come to the original state then they just dump the coin and make a heavy profit.

I would suggest that you keep a strong patience and set tight. Market will recover itself.

Do you think that i am right?  Go ahead and share you thoughts about the current market situation and your point of view.

It is not that easy. Those who panic at times like this have their own reason; they might have huge loss with their investment. We cannot blame those who wanted to "save" what's left for them through selling their holdings. The market situation is just that stressful to see knowing that the situation last year is the exact opposite. Investors might have still be in shock of the sudden downfall not only in Bitcoin's market value but of the whole cryptomarket. But I would agree with the idea that holding is the best thing to do right now.

[surgical_duude]

BTC will return to the market. Recall that BTC has had a journey of only $ 3k up to $ 11k in 5 months. Looking further than we've ever seen in BTC history, it has reached $ 20k. So we have no idea what the future of BTC will be like but in my opinion $ 50k is not a problem.

[MetalGear]

In the present days the BTC market is going down and there is some fluctuation in the price but that is just to test the patience of the traders and the investors because when the big fishes wants to invest the price just go down and they buy the BTC at low price and when the market recover itself and come to the original state then they just dump the coin and make a heavy profit.

I would suggest that you keep a strong patience and set tight. Market will recover itself.

Do you think that i am right?  Go ahead and share you thoughts about the current market situation and your point of view.

I've known people who keeps their patience and faith with them after the 2017 bull run, BTC market fell and their BTC slept. I think I can agree with your sentiment, its natural that bitcoin market will drop because it's not always how we think things will turn out, and just like in BTC, things won't go their way for some time too.
           Entering crypto space and choosing BTC, you should be accompanied with patience, practicality and ability to weight things. Don't enter crypto space if you get easily swayed with your emotions and makes impulsive decisions for every unfortunate event that may happen.

[joshy23]

The market will recover thats for sure, if we track the history there are more worse cases compared to whats happening now.

Lets keep in mind that this situation is just temporary so take advantage this sudden drop and buy additional bitcoin and hold.

Everytime the market is declining I dont monitor often to refrain myself to sell. In times like this we have to think positive because its a way to survive.

You have to be focus with looking for long term investment instead of trying to sort out the market while it's falling in value. You can manage to take things in the right position when you see the assets you hold is declining., As long as you have good knowledge it will let you to take any opportunities. Don't lose hope just keep trying and believe that it won't let you down, keep holding.

[jmigdlc99]

I would suggest that you keep a strong patience and set tight. Market will recover itself.

Do you think that i am right?  Go ahead and share you thoughts about the current market situation and your point of view.

You are absolutely right.

Anyone in the crypto game long enough should know that these dips are just good buying opportunities. Crypto is here to stay and all we need to do is be patient. The upcoming halvening is also a good sign that value is about to rise. Just hodl and be patient!

[takngantuk]

In the present days the BTC market is going down and there is some fluctuation in the price but that is just to test the patience of the traders and the investors because when the big fishes wants to invest the price just go down and they buy the BTC at low price and when the market recover itself and come to the original state then they just dump the coin and make a heavy profit.

I would suggest that you keep a strong patience and set tight. Market will recover itself.

Do you think that i am right?  Go ahead and share you thoughts about the current market situation and your point of view.

what you say has a point too. indeed at a time like this we must be patient and wait. selling is not the right choice, still maintain the portfolio until the end. btc will take off soon, I'm sure of it. no later than the beginning of 2020, we can already see bullrun for the market. and at the beginning of Q2(may) BTC will be halving. because of this I'm sure the market will recover.

[hahahafr]

The sudden drop in BTC ain't news for most of us as this always happen before major rise. Well anytime you see the market all in red and people in fear this is the perfect time to buy bitcoin at a cheap price. Know one knows when the bull market is really going to set in so always take the advantage of a dip in market and accumulate as much as you can!
 

[Vitamin_52]

author you are absolutely right, now it is extremely profitable to sell cryptocurrency. if you have money problems, I recommend all ways to save funds in BTC for a year or two. and then there will be happiness for those who do so

[Paecga129]

Dang, this recent drop stinks. Actually it's good to buy more Bitcoin in this moment because the price is lower.

[doomloop]

author you are absolutely right, now it is extremely profitable to sell cryptocurrency. if you have money problems, I recommend all ways to save funds in BTC for a year or two. and then there will be happiness for those who do so

Exactly. Such changes have been the story since the beginning of crypto world. If bitcoin is facing downfall, it is actually a sign of its near future rise. This is not the time to condemn bitcoin or worry about anything but to get as much bitcoin as possible. Most probably, Bitcoin will gain value in the last month near Christmas or New Year. I bet the expert traders would have already bought good amounts. No one misses such opportunities.

[bitkanu]

This decline is only a short time, just a price correction, after this I am sure the price of Bitcoin will increase dramatically. This is the right time to buy as much Bitcoin as you want, don't miss the chance yourself to take advantage.

You are saying if this decline is a short time impact caused by BAKKT but the price of bitcoin doesn't even show a signal if that will go back again at the top.
You can say that so many times whatever you want but can you please stop to make another repeated comments from time to the time?
look at the fact and take your own analyzation and then everyone has a different opinion to call where is the right signal for them to buy bitcoin.

[easynote]

This decline is only a short time, just a price correction, after this I am sure the price of Bitcoin will increase dramatically. This is the right time to buy as much Bitcoin as you want, don't miss the chance yourself to take advantage.

You are saying if this decline is a short time impact caused by BAKKT but the price of bitcoin doesn't even show a signal if that will go back again at the top.
You can say that so many times whatever you want but can you please stop to make another repeated comments from time to the time?
look at the fact and take your own analyzation and then everyone has a different opinion to call where is the right signal for them to buy bitcoin.

Coins will have a price as long as there is a demand for them. The price of Bitcoin doesn't matter to most altcoins.

[metallica101]

In the present days the BTC market is going down and there is some fluctuation in the price but that is just to test the patience of the traders and the investors because when the big fishes wants to invest the price just go down and they buy the BTC at low price and when the market recover itself and come to the original state then they just dump the coin and make a heavy profit.

I would suggest that you keep a strong patience and set tight. Market will recover itself.

Do you think that i am right?  Go ahead and share you thoughts about the current market situation and your point of view.

Yeah, that's pretty much what is happening. The market always recovers, all it needs is time. The problem is that newcomers to the crypto industry tend to panic and sell as soon as the prices start going down. Senior members have been through a real cryptocalypse more times than they care to count. New people are easily tricked. Unfortunate, but true.

[Hamzaal24]

Thing you said are true. But question that come in the mind of investors, how long investment to kept ? If you have a bag of dollars in your showcase then you might keep investment for a year and more but small investor need to look at market trends before taking any step.