acener
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★Bitvest.io★ Play Plinko or Invest!
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April 20, 2021, 07:08:32 AM |
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Why does everytime that the BTC price drop people thinks that it is the end of it? If you would look at the previous price chart you would know that price drop is normal it happens regularly it is part of the cycle don't expect that we would always be going up or would always be on bull market. Expect that the bear market would come to take it's turn and we would wait again for the next bull run.
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lienfaye
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April 20, 2021, 07:17:48 AM |
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Is it really the end of the Bitcoin rally or it’s just a pause before another storm? Let’s try to figure it out.
Its the end for weak investors and those who buy at peak price if they cant bear seeing the price moving downward. Seriously this scenario is quite common for bitcoin and even on other altcoins so why worry? Investors who have been here for long period clearly understands that this is part of bitcoin's nature which is highly volatile. Thus dont mind having a correction and hold still.
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bakasabo
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Activity: 2366
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April 20, 2021, 07:38:48 AM |
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Seriously this scenario is quite common for bitcoin and even on other altcoins so why worry?
True, it is common for Bitcoin to make significant price drops in spring, dragging down all the altcoins. Previously, these price drops started in the end of winter or very beginning of spring (March used to be a red months in crypto). Now the vectors has moved. The usual summer price recovery I think wont start. I suppose Bitcoin will continue slowly loosing price for next 1-2 months.
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cheezcarls
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April 20, 2021, 10:58:44 AM |
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The last few months of solid growth have instilled confidence that Bitcoin is unstoppable. Each time Bitcoin updated its maximum and even managed to get close to the $60,000 mark. However, then its price fell sharply in a few days and for many investors it came as a shock… for some reason.
Is it really the end of the Bitcoin rally or it’s just a pause before another storm? Let’s try to figure it out.
Dude chillax! Bitcoin has “died” many times already, but always come back stronger. This time, we don’t see Bitcoin getting dragged even deeper because of the continuous adoption of major and well-known companies, personalities, financial institutions and so on. It’s just natural for us to see these dips, you know? Just don’t think that you should always be a winner, because in real crypto life, you will always experience wins and losses. If the dip is coming, think of it as an opportunity to buy or bag even more.
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Kabul
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April 20, 2021, 11:34:21 AM |
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All the possibility are correct. Bitcoin can either enter the bear run or pause before boosting the price forward. But the question is, do you believe in bitcoin ?
To me, bitcoin is evitable. Because of that fact, whenever the price of bitcoin gets lower, I always have the feelings that there will be individuals, companies or firms willing to handle their money to buy more bitcoin.
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adzino
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Activity: 2968
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www.Crypto.Games: Multiple coins, multiple games
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April 20, 2021, 12:12:01 PM |
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The last few months of solid growth have instilled confidence that Bitcoin is unstoppable. Each time Bitcoin updated its maximum and even managed to get close to the $60,000 mark. However, then its price fell sharply in a few days and for many investors it came as a shock… for some reason.
Is it really the end of the Bitcoin rally or it’s just a pause before another storm? Let’s try to figure it out.
Are you new to the crypto market? This has been happening all the time. Just because the price dropped, it doesn't mean that it is the end of bitcoin. Look at the charts and you will see that those drops are quite normal. In fact, now is the perfect opportunity to buy for coins and make the most profit out of it. The recent drop is due to some events like Turkey putting a ban on crypto currencies. The drop is temporary and everything will be back to normal once the FUD is over.
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bryant.coleman
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April 20, 2021, 01:50:47 PM |
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There is nothing wrong with these small fluctuations. The main driver behind the small correction was the decision by the Türkiye Cumhuriyet Merkez Bankası (Turkish Central Bank) to prohibit payments using Bitcoin for various goods and services. Another trigger was disappointing listing of Coinbase in NASDAQ. A lot of people were expecting valuation in the $100-$150 billion range, and what we got was $60 billion. But then there was some good news as well, from the Chinese central bank.
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Traderbtcc
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Activity: 1190
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★Bitvest.io★ Play Plinko or Invest!
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April 20, 2021, 01:58:51 PM |
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The last few months of solid growth have instilled confidence that Bitcoin is unstoppable. Each time Bitcoin updated its maximum and even managed to get close to the $60,000 mark. However, then its price fell sharply in a few days and for many investors it came as a shock… for some reason.
Is it really the end of the Bitcoin rally or it’s just a pause before another storm? Let’s try to figure it out.
No,it's not, bitcoin is still strong IMO, I know about the recent sharp drop in price and I believe its due to the recent news about bitcoin ban somewhere, aside that recently bitcoin pumped and was able to reach a new ATH and AFAIK every single time after reaching a new high the price eventually falls, although this time it was a bit harder than normal, I will just call this a correction in my book cause bitcoin is still gonna pump anytime soon, its just a retracement before a storm.
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iTradeChips
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April 20, 2021, 03:53:11 PM |
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Well, if you are going to think about it, then you blokes will surely know that this is not the end of crypto as we speak. This has happened with Bitcoin so many times, and this will surely bounce back again if you are going to think about it. Now that we know that this is not over, then why not we concentrate in making sure that we won't be making the same FUD mistakes and just make up your mind if you want to sell or wait. That's simply it.
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mrjoy15
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April 20, 2021, 04:16:25 PM |
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well, look at the growth of BTC from 2008 to 2021 then you might get understand that market won't continue to grow, there are several push back has happened and in the course of the time BTC came back. Correction is very much needy things for healthy growth. It's always BTC win the game so this is a good time to buy BTC. Buy more and be ready. Thus, You have to be patient.
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goldade
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Activity: 896
Merit: 104
The Standard Protocol - Solving Inflation
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April 20, 2021, 04:28:45 PM |
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The last few months of solid growth have instilled confidence that Bitcoin is unstoppable. Each time Bitcoin updated its maximum and even managed to get close to the $60,000 mark. However, then its price fell sharply in a few days and for many investors it came as a shock… for some reason.
Is it really the end of the Bitcoin rally or it’s just a pause before another storm? Let’s try to figure it out.
If you had made your research, you'd have known the answer to this question. Situations like this have happened so many times with bitcoin such that it has become almost a trend. If you do well to check the chart of bitcoin in the past years, you'd realised that bitcoin always bounces back. Trust me, this is not the end of the bitcoin rally. The price of bitcoin will rise again and will most likely hit a new all time high.
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wiss19
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April 20, 2021, 08:33:24 PM |
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The last few months of solid growth have instilled confidence that Bitcoin is unstoppable. Each time Bitcoin updated its maximum and even managed to get close to the $60,000 mark. However, then its price fell sharply in a few days and for many investors it came as a shock… for some reason.
Is it really the end of the Bitcoin rally or it’s just a pause before another storm? Let’s try to figure it out.
It has just become the normal thing for most of you people to be asking whether it is over whenever there is a decrease in price . How do you expect the market to be at this time, to just stay stable at that rate of $60,000 until it is read to climb back up again!? You all know very well that such thing is not going to happen in the market. There are going to be times when there will be slight dip in the price, and this is why as a trader or investor you have to always prepare yourself, if you know you’re going to be getting all emotional at times like this, then why not sell when the market was going all the way up to $64000?
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online73
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Ecowatt.io
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April 20, 2021, 08:54:00 PM |
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Bitcoin is falling - no, this is not the end, this is the beginning. I will write a phrase that may have already bothered everyone - a fall in price is a very good opportunity to buy Bitcoin at a price that you could only dream about yesterday.
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sandqueen
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April 20, 2021, 09:30:30 PM |
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i feel like bitcoin will keep going up, never play with money you need play with money you dont need and see how it ends up! i currently have 2 bitcoin and im holding. goodluck!
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ultrloa
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Activity: 2814
Merit: 1240
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April 20, 2021, 09:38:09 PM |
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Bitcoin is falling - no, this is not the end, this is the beginning. I will write a phrase that may have already bothered everyone - a fall in price is a very good opportunity to buy Bitcoin at a price that you could only dream about yesterday.
Those people who afraid for some bad situations happening in the market are newbies who's seeking quick profit from bitcoins, mostly they are the one who easily get panic when fud and dumps occuring thats why I'm sure they are now regretting their decision to sold immediately since bitcoin is now bouncing back again.
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sandqueen
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April 20, 2021, 10:02:23 PM |
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Do you think bitcoin will crash like the stock market?
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jerrison
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April 20, 2021, 10:09:10 PM |
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We all under stand that certain conditions are responsible for certain effects we see mostly in the price action of digital assets. That of bitcoin isn't left out as it functions with the price patterns authored by the entire community. The price of Bitcoin saw a sharp pull back of straight $8000+ as a result of information arising from the mining of Bitcoin but it doesn't tell that Bitcoin is about to end. The last few months of solid growth have instilled confidence that Bitcoin is unstoppable. Each time Bitcoin updated its maximum and even managed to get close to the $60,000 mark. However, then its price fell sharply in a few days and for many investors it came as a shock… for some reason.
Is it really the end of the Bitcoin rally or it’s just a pause before another storm? Let’s try to figure it out.
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blackened515
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April 20, 2021, 10:26:24 PM |
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With bitcoin price falling does not actually means it end. Price rising and falling had been a normal thing in the cryto market.When bitcoin price falls, it eventually create room for people to buy more bitcion because it will surely rise. But if you already have bitcoin and the price drops, is either you sell it or wait still the price rises back.
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Sihab76
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April 20, 2021, 11:09:04 PM |
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The most significant aspect of the cryptocurrency market is that it will fluctuate over time. If anyone thinks that the cryptocurrency market is always upward, he is under the misconception. At the moment Bitcoin is moving upwards but for quite some time Bitcoin has been running downwards. No worries, Bitcoin will soon reach its peak again.
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Smartvirus
Legendary
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April 20, 2021, 11:45:27 PM |
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Every rise and fall sudden predicts an end for cryptos. Why is that? Why do this phobia gets instilled in the minds of those that aren't really sure. Not like any of us really are, we are going to get out at some point and beside bitcoin, we've got other careers of our own at least most of us but then, the rise and fall is much needed for a healthy market. It can't be one direction all the time. If it continues to go up and doesn't retrace at some point, then the market is definitely going to crash. These rise and fall exists to create some bias in the minds of people and thats where the value comes.
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