COIN PRICES CRASHING!!! SELL BITCOIN NOW!!!!

[Paycheck]

Bitcoin price is dipping!  Sell into cash now!  When I got up this morning I noticed all coins were starting a dip on Coinmarketcap, so I went to my trading accounts and sold all my Bitcoin into cash.  When the dip bottoms out I will buy back in, but I'm not about to lose my profits I have gained this past month!

SELL NOW!!!  Help the prices crash the PHOQUE out so my gains may be even greater!!!  And yours too, I guess.

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[Oshosondy]

That will be a very long sleep, bitcoin that was at a price above $58,000 before suddenly crashed to a price above $55000 and then later crashed to a price above $53000 which is currently at $53600. This can be the support level as it has been hours now since it was at this price. Even if it crashes the more, likely not to decrease below $50000 as there will be a strong support at this level.

[NotFuzzyWarm]

Price is not 'crashing'... It is simply returning to the previous normal of moderate price rising and falling in waves. Panic selling just because there is a dip in exchange rates is the worst possible thing for anyone to do!

Yes the waves are now up & down several $k but the percentage of rise and fall is still rather small and that is what matters the most. When there is a significant dip that is the time to BUY, not sell.

[ampere]

Bitcoin price is dipping!  Sell into cash now!  When I got up this morning I noticed all coins were starting a dip on Coinmarketcap, so I went to my trading accounts and sold all my Bitcoin into cash.  When the dip bottoms out I will buy back in, but I'm not about to lose my profits I have gained this past month!

SELL NOW!!!  Help the prices crash the PHOQUE out so my gains may be even greater!!!  And yours too, I guess.

This is a wrong way to practice trading crypto currency lol. Bitcoin was at the top for several days, with hodlers having different opportunities to take profits; and be in good position to save and wait for the bear market; but instead here you are panicking and spreading fud about bitcoin. Early this morning; there were convenient increases and prices of tokens; and you should learn when to sell or buy too.

To conclude; the bear is not here yet, thats just a flash dump; to remind you that stop loss helps and you are responsible for whatever happens to your tokens

[wxa7115]

Price is not 'crashing'... It is simply returning to the previous normal of moderate price rising and falling waves. Panic selling just because there is a dip in exchange rates is the worst possible thing for anyone to do!

Yes the waves are now up & down several $k but the percentage of rise and fall is still rather small and that is what matters the most. When there is a significant dip that is the time to BUY, not sell.

Agreed, there was a strong dip and in some exchanges the price went below 50k for some time but as soon as that happened many people came buying all the bitcoin they could and now the price is at 53k.

People need to stop panicking so easily, I know that they want to make profits but this is the bitcoin market where we have seen way worse dips and crashes in less than an hour, anyone that has been here for years must have gotten used to the kind of movements bitcoin makes from time to time, if anything this seems like an attempt of the whales to shake up weak hands and get their coins for cheap before another important increase in the price.

[masterzino]

It was about time!

But we will not sell... we will buy more when! At least this is what I'm planning to do. I will be one pleased person if Bitcoin drops to $34567 because then my waiting orders will be executed.

[The Sceptical Chymist]

Panic selling just because there is a dip in exchange rates is the worst possible thing for anyone to do!

Lol, seriously.  That's about as noob of a move as you could make.  If you think that bitcoin is still headed upward, the worst thing you could do right now is to sell when it's down somewhat.  Now would be the time to "buy the dip" if you believe in that strategy, and I happen to think that's all this is--a dip.

And not an unexpected one, either, given how fast bitcoin shot up past $50k.  The law of gravity applies to all things, including bitcoin's price. 

[NotFuzzyWarm]

Panic selling just because there is a dip in exchange rates is the worst possible thing for anyone to do!

Lol, seriously.  That's about as noob of a move as you could make.  If you think that bitcoin is still headed upward, the worst thing you could do right now is to sell when it's down somewhat.  Now would be the time to "buy the dip" if you believe in that strategy, and I happen to think that's all this is--a dip.

And not an unexpected one, either, given how fast bitcoin shot up past $50k.  The law of gravity applies to all things, including bitcoin's price.  

Yep. Coinbase briefly hit a low of $46,620 and just so happened that I had a buy order set to trigger at $47,500 so that worked out rather nice as price rebounded back to >$50k very soon after

IMHO a new 'normal' with price between $50k-60k and waves of around 5-10 k$ up & down would be a very good thing for traders. FWIW, virtually all of my BTC is from mining - not trading so ^ is only the opinion of a dabbler in trading

[teosanru]

Bitcoin price is dipping!  Sell into cash now!  When I got up this morning I noticed all coins were starting a dip on Coinmarketcap, so I went to my trading accounts and sold all my Bitcoin into cash.  When the dip bottoms out I will buy back in, but I'm not about to lose my profits I have gained this past month!

SELL NOW!!!  Help the prices crash the PHOQUE out so my gains may be even greater!!!  And yours too, I guess.

I don't know why do people expect the market to move in just one direction which is up up and up. This is a pretty well-known fact that markets move in a zig-zag pattern of highs and lows. After every high, you get a correction and then a further high. The market went from 29k to 58k in like 15 days without any major red days so this correction was obvious. But yes the way it happened and reversed back in a matter of few minutes was quite drastic. I think it was the liquidation hunters which come to the market to make people rekt or maybe exchange manipulations or whatsoever. It's pretty risky to do margin trading this way.

[bassbity]

Well, if you feel it is the right decision. But keep in mind, even though the correction, the Bitcoin price is still a natural thing, hasn't bitcoin been bullish for too long, then I think once again this is a very reasonable correction.
but besides correction, you can take advantage of it by buying it back, and paying attention to the current resistance limit. about a few minutes ago, bitcoin had it recovered. So between $ 50,000 - $ 55,000, bitcoin will play there.

[Clement Kaliyar]

Bitcoin price is dipping!  Sell into cash now!  When I got up this morning I noticed all coins were starting a dip on Coinmarketcap, so I went to my trading accounts and sold all my Bitcoin into cash. 

I am not sure how long we will see this correction, i was expecting this correction once it crossed the all time high valuation but the rally continued much longer than anticipated and i hope this is not a major correction and you can book your profit but i need to wait for a few months before making my decision because i am expecting further rally in the coming months and more over my wallet is not in my hands as it is held in a safe locker to take positions on seeing these fluctuations.

[Leviathan.007]

So funny, I don't consider the bull market and everything happened during this year and only talk about ~10% price movement that happened today. In this market price are changing much more faster and than other markets and surly many people are getting emotional and start panic selling just like how you are reacting right now.

[Hydrogen]

Traders must accurately explain why prices move upwards or downwards, to know the right move to make.

I was thinking tesla might record impressive sales by offering a BTC payment option for their EVs. Which could force other retailers to offer BTC payment options to boost their own sales & business.

Tesla stopped accepting orders for their model Y which could jeopardize positive sales growth from BTC support. Which could lead to a scenario where BTC sales gains are canceled out by sales lost due to lack of model Y support. We'll have to see how that goes.

There are other measures which businesses and states like florida could take to encourage mass adoption and boost the value of BTC. Hopefully we'll begin to see some of those measures rolled out in the near future.

[dunfida]

Bitcoin price is dipping!  Sell into cash now!  When I got up this morning I noticed all coins were starting a dip on Coinmarketcap, so I went to my trading accounts and sold all my Bitcoin into cash.  When the dip bottoms out I will buy back in, but I'm not about to lose my profits I have gained this past month!

SELL NOW!!!  Help the prices crash the PHOQUE out so my gains may be even greater!!!  And yours too, I guess.

Common words that you can really read up anytime bitcoins price tends to correct its price.Does 4-6k decrease signify a dump? If you are just
new into this market then you would be having these common sentiments or freaking out when seeing reds but actually these are typical movements.
You would get used to it rather than on freaking out.

[Rengga Jati]

One thing to always hold and remember in the crypto world or having Bitcoin
Don't panic and careless a decision
This is likely basic emotion management to have.

If you want to sell the coin ensure that you have researched the market and not based on the panic sell because of the fallen price.

[Johnyz]

Stop the FUD and don’t create panic, because people knows what to do and you don’t need to do this. If price is crushing then so be it and just focus on your trading plan either to sell or buy more. Bitcoin will always rise and for me, this is just a correction and not yet a bear market, so stay calm.

[Wexnident]

A careless decision imo lmao. buy low and sell high is reliant on medium to big moves, since profit from small dips can't really get you that much profit, heck you may even take a loss. Besides tbf, even if some of us did indeed sell right now, I hardly doubt it'd actually affect the market. Sure we sold, the price might dip by 0.000something 1 percent, and that's about it. Besides, this clearly just creates FOMO for those newbie traders, since they'd believe most dips to be opportunities when in fact, it's just a regular event for the market.

[wheelz1200]

Bitcoin price is dipping!  Sell into cash now!  When I got up this morning I noticed all coins were starting a dip on Coinmarketcap, so I went to my trading accounts and sold all my Bitcoin into cash.  When the dip bottoms out I will buy back in, but I'm not about to lose my profits I have gained this past month!

SELL NOW!!!  Help the prices crash the PHOQUE out so my gains may be even greater!!!  And yours too, I guess.

Lol, and what if the price goes right back up and soars to 100k then what.  You might be right but you might be incredibly wrong.  There are other things at play like taxes.  Short term gains and long term gains are taxed significantly different so for some it doesn't make sense even if it drops 10k.  Blindly buying and selling based on daily dips and rises is rediculous

[BurtW]

Bitcoin price is dipping!  Sell into cash now!  When I got up this morning I noticed all coins were starting a dip on Coinmarketcap, so I went to my trading accounts and sold all my Bitcoin into cash.  When the dip bottoms out I will buy back in, but I'm not about to lose my profits I have gained this past month!

SELL NOW!!!  Help the prices crash the PHOQUE out so my gains may be even greater!!!  And yours too, I guess.

Ha ha.  Noob.

[dihari]

As one of many people that late to all in, I honestly hope the price will dip to the bottom so I can fill my bag with that cheap btc. But unfortunately it won't be like that, because bitcoin still have good fundamentals these days.
50k is the new standard.