Game over to Bitcoin Time to sell all

[philipma1957]

at op thanks to your encouragement I just purchased $300 usd worth.

I will buy $300 more in the morning.

and I will continue to buy as it drops 💦.

The name of the game as always is buy the dip and hodl.

[LUCKMCFLY]

I have read many articles regarding the decline of Bitcoin, previously Peter Brandt predicted that it could fall to $46k obeying a pattern that for him is repeated in the corrections, supposedly for this moment it would touch one of 35% respectively, but nevertheless like this go down to those levels, you are not afraid because the correction sees it as natural and normal.

This analyst named Oliver Renick, who is the presenter for TD Ameritrade thinks that the price may go even lower, even considers that it may even draw a line below $ 20K and is very curious to see the resistance break at $45k.

I'm not totally sure where that is here, as you could theoretically draw that bottom line all the way back to sub-20k, but $30,000 seems like a reasonable target. Given how important that huge move around Tesla's balance sheet announcement was, it will be crucial to see how well bitcoin can hold support at $45,000.   

Source: https://u.today/bitcoin-collapses-to-lowest-level-since-early-march-is-30000-next

If this type of scenario occurs it would be ideal for the purchase of Bitcoin, honestly every drop would be very smart to buy BTC.

[Emitdama]

Bitcoin has a massive crash and it's going to be down and down.
We enter a bear market. dark time for btc.

Wouldn’t be a surprise if it should start falling, bitcoin is a volatile asset, so I don’t get what you mean by game over for Bitcoin, unless you said that in reference to the bull trend. I wasn’t expecting the bull trend that we are seeing now to last as long as it did now, so if it has really lasted this long then it has tried. Check and compare the last bull run to the other ones we have seen in the past years you will see that it doesn’t last this long.

And another thing is that no one was expecting a bull run, if you asked most people before now they would have told you that there can never be bull run this year. The covid virus ruined everything, so why would anyone expect a bull run?

[Botnake]

The price is falling but "GAME OVER" has no place in the space. Just do the right thing when the price fall and you'll be alright, if you will panic, you are like a newbie  who ride with the FOMO and easily get panic when correction starts. This fall might be over soon, or there will be more price drop but one thing is sure, the market will recover and we will see a bullish market again.

[AllGoodNamesAreTaken]

We will see..

[proudhon]

This is 100% proven GAME OVER as OP described. OP and I have both done the calculations and it's easy to see. This is the confirmed death of bitcoin. There will never be another ATH for bitcoin and that is mathematically proven.

[Ibrahim60]

I don't think that bitcoins game is now over. Because bitcoin is the most potential coin we know that very well. Though its price is dumping now like 10/12% That's not mean that bitcoin game is over or etc else. I'm recommended you that don't be paniced and don't do panic sell. Most of the time coin Price going to low more because of so many people start panic sell. I think this is not the good time to sell. This is good time to buy some bitcoin for future profit.

[TheGreatPython]

Bitcoin has a massive crash and it's going to be down and down.
We enter a bear market. dark time for btc.

I hate it when people are worried that something will be crashing as soon as they see a small down. Bitcoin was 59k or so and crashed all the way down to 44k and it still recovered and went over 60k+ price was that another crash like this? There were many people who called bitcoin over that period as well and now I am looking at it and I can say that same people are calling it over once again. I do not get why people are like this and why they are doing this.

I mean if it benefited people to say that bitcoin will go down and crash hard, I would understand this but looking at the market it doesn't benefit many people only the people who opened a short position but there are many who didn't do that and still think that bitcoin will crash. I would say keep calm and wait for it to go back up, meanwhile buy as much as you can while it goes down, the more it goes down the more you should buy, wait and eventually one day you will profit.

[raji1995naya]

It's most likely one of the circulating bad messages that have been referenced in other discussions I've joined, and it appears that there are individuals distributing this news to upset novices' minds and make them fear over the basic price drop that is happening with Bitcoin. Such a waste is already commonplace and nothing to be terrified of because we've seen it before. However, you have the option to sell whatever you believe the news will be right after. It's your Bitcoin, and you can do anything you want with it.

[Luqman]

I don't think that bitcoins game is now over. Because bitcoin is the most potential coin we know that very well.

Yes, you are right. Bitcoin is not over. Instead, it becomes stronger since more people join Bitcoin investment and trading nowadays. It is fake news to claim "Bitcoin's over". I guess the creator of this thread is one of the Bitcoin haters. How pity! He doesn't know how great the Bitcoin potential for future life. I hope Trixoempire finally realize his mistake in understanding Bitcoin.

[Hippocrypto]

Bitcoin has a massive crash and it's going to be down and down.
We enter a bear market. dark time for btc.

That's what everyone expected to happen, and based on they've predicted bitcoin this month is really going to take the dip. So it's the moment of truth to face, we must take precautions on every step that we're going to have and avoid bigger mistakes. Because, if we can't hit the right actions our profit might be gone so fast.

[STT]

Its not even close to game over its just correct and proper pullback, its really quite slow while doing it and not especially scary in that respect.


Heres my daily view, quite simple just range bound and we are likely to reach the bottom edge of this range which roughly matches up with Feb pricing.   Were we so negative and downcast in Feb, not really it was very bullish then and we are merely returning to lower price levels to revise and consolidate volume of speculators vs holders.   
  My estimate for some time is that sooner or later we meet the 200 day average because this is a normal event on a year long view, we can all hope for continually higher prices but its not the norm long term.

[btc78]

Bitcoin has a massive crash and it's going to be down and down.
We enter a bear market. dark time for btc.

If you can call that a massive crash so what can you call the value yesterday when the price reduce to a highly dump of 46,000? isn'tmuch more falling than what happened last april?

I don't think that bitcoins game is now over. Because bitcoin is the most potential coin we know that very well. Though its price is dumping now like 10/12% That's not mean that bitcoin game is over or etc else. I'm recommended you that don't be paniced and don't do panic sell. Most of the time coin Price going to low more because of so many people start panic sell. I think this is not the good time to sell. This is good time to buy some bitcoin for future profit.

Bitcoin will Never be game over because this was just started and will continuously increase over the year .



Bitcoin has This Power 

[mrjoy15]

I don't think that bitcoins game is now over. Because bitcoin is the most potential coin we know that very well.

Yes, you are right. Bitcoin is not over. Instead, it becomes stronger since more people join Bitcoin investment and trading nowadays. It is fake news to claim "Bitcoin's over". I guess the creator of this thread is one of the Bitcoin haters. How pity! He doesn't know how great the Bitcoin potential for future life. I hope Trixoempire finally realize his mistake in understanding Bitcoin.

Bitcoin is down now, but that doesn't mean it's game over. It's just a panic sell that happened because some newbie was swayed by the tweets
from Elon Musk. I believe the current decline in Bitcoin prices is only temporary. After all, there are also many investors who buy more Bitcoin
at current prices, it is only a matter of time so that the price of Bitcoin can go up again. So my advice is not to be easily influenced by the negative
news that is currently circulating a lot.

Exactly what I believe but it's quite a while BTC on bull run so there is possibility bear market can come. Elon purposely manipulating markets with his commenting on Bitcoin, that's not good for market. Elon controls the crypto market, his one single tweet enough to crash. Many influencers manipulated it several times, but every time bitcoin comes back strongly.

[MFahad]

at op thanks to your encouragement I just purchased $300 usd worth.

I will buy $300 more in the morning.

and I will continue to buy as it drops 💦.

The name of the game as always is buy the dip and hodl.

Yes, these dips are the perfect buying opportunity which most of us failed to understand. Bitcoin may jump from 48,000$ or it may jump from 42,000$ , it does not matter much if we are here to hold for long term.

Think if someone bought bitcoin at 17,000$ or 19,000$ does it make any difference today ?

[Oceat]

Bitcoin has a massive crash and it's going to be down and down.
We enter a bear market. dark time for btc.

That's what everyone expected to happen, and based on they've predicted bitcoin this month is really going to take the dip. So it's the moment of truth to face, we must take precautions on every step that we're going to have and avoid bigger mistakes. Because, if we can't hit the right actions our profit might be gone so fast.

I don't think everyone expected this to happen since some of them complain already when Bitcoin started to drop below $50k. HODL is the best choice to take today since most of the price action lately is just temporary or maybe it's not since Elon Musk didn't make a good tweet yet.

Maybe some people expected this to happen if they want to get in and join the ride of bullishness. It might attract new investors if the price is reasonably good and I'm starting to think who might be that large institutional investors that would/might want to invest in Bitcoin? I hope there is.

[philipma1957]

buy the dip and hodl get it cheap.

set buys at

47k
45k
43k
41k
38k
35k
32k

[Viscore]

Wait, the market isn't yet to dump badly. It is too early, the price still hanging at $47k-$48k, I'm waiting for the price to reach $40k before I could say that we are done with the bullish season and a perfect time to fill our bag again. I'm sure a lot of people will be happy if that be going to happen, sounds like they are preparing their money for this moment. Could be crazy but I hope people could still sleep amid this declining scheme. We don't need to be excited as it soon to come.

[Twinscoin2017]

Bitcoin has a massive crash and it's going to be down and down.
We enter a bear market. dark time for btc.

Being panic will not help us at all calm down and think about the strategy that might avoid some posible losses due to continuous drop of the bitcoin price. How about buying some more btc and hold it and then wait till it reach up to 100k$. We really didn't need to panic crypto market is not stable as always and we need to understand that no one can control price.

[milewilda]

Bitcoin has a massive crash and it's going to be down and down.
We enter a bear market. dark time for btc.

Being panic will not help us at all calm down and think about the strategy that might avoid some posible losses due to continuous drop of the bitcoin price. How about buying some more btc and hold it and then wait till it reach up to 100k$. We really didn't need to panic crypto market is not stable as always and we need to understand that no one can control price.

Common mistakes that someone would experience when they arent really that much of prepared on the risk involved here on crypto.They do just blindly make out investment
without even realizing nor knowing on whats up with the possible risk that they can face ahead. Always set out risk management when it comes to your finances and
instead of freaking out then its better to see these dips as an opportunity for you to buy cheap coins rather than on cutting losses which would make
you even harder to make some recovery or break  even on what you had lost. Be always considerate or think off twice before making any step.