Now It's Time For All Weak Hands To Drop Their Bitcoins!

[Coin_trader]

If you know how bitcoin values have fluctuated in the past, you shouldn't be surprised. But, I believe that certain people have forgotten that bitcoin is unpredictable simply because it has been surging in recent months, and perhaps this dip will teach them a lesson.Panic selling will continue to play a significant role in Bitcoin price swings. That is a reality that no institutional investor will alter.

Bitcoin already dip multiple times after it break all time high especially when it hit 40,000$  price which almost down for more than 40% plus or minus. People already learned there lesson. Only newbie traders are those complaining and starting thread about Bitcoin when dip is occurring.

[Sihab76]

The impact of the Bitcoin market falling on the basis of the revenue tax proposal imposed on Bitcoin transactions by Joe Biden has come on all coins in the market.  So not only on Bitcoin but all cryptocurrencies are flowing downwards.

[lalabotax]

Many people are shocked by the drop rate of Bitcoin. It also influences the altcoin that is really dropped only in several hours.
Well, about Bitcoin, I am still pretty sure that the price of BTC itself can still rise up. However, we can't predict when it will happen At least, it will still happen during this bullish trend.
This is a market correction, but more dumped than previously. ANd for me also same with you, HODL

[giantrobot]

If you've been for a long time in this BTC business you already know this BTC price drop means nothing, nada.

I've experienced dozens of such drops and haven't sold a satoshi since 2013. Don't let the whales get your valuable BTC.

In other words, HODL, because every time after the rain comes the sunshine. You will be rewarded in the end my friend. But only the strong hands will remain.

What you say is correct! When participating in the long-term and experienced electronics market, Bitcoin decline is not afraid. You need to be patient and wait for the opportunity. Don't rush to sell your Bitcoin price to others so that when Bitcoin increases they have the opportunity to become billionaires and you don't. Sorry when you let that happen. Keep a cold head and awake brain when investing in Bitcoin.

[tippytoes]

If you've been for a long time in this BTC business you already know this BTC price drop means nothing, nada.

I've experienced dozens of such drops and haven't sold a satoshi since 2013. Don't let the whales get your valuable BTC.

In other words, HODL, because every time after the rain comes the sunshine. You will be rewarded in the end my friend. But only the strong hands will remain.

What you say is correct! When participating in the long-term and experienced electronics market, Bitcoin decline is not afraid. You need to be patient and wait for the opportunity. Don't rush to sell your Bitcoin price to others so that when Bitcoin increases they have the opportunity to become billionaires and you don't. Sorry when you let that happen. Keep a cold head and awake brain when investing in Bitcoin.

I admire the OP as he has not sold any satoshi since 2013. It means he can afford to hold long term and by now, I guess, he is enjoying the retirement from all the hullabaloo in  the corporate life or from 9-5 job. Not many crypto holders can hold that long as at some point like in 2017, I believe a lot sold their stash. But up until now, he is holding. That's epic! Most newcomers are scared right now, because btc drops. But if we compare the price in the last decade of bitcoin, we can say, we are still doing great.

[Yamifoud]

Wow, I actually smiled reading the title...
So this is it...but I think everyone is selling their Bitcoin now, not only weak hands. I sell some, not all. This is the wisest thing to do since I was thinking that HOLDing depending on the market situation. You hold for a reason and I sell also for a reason. Holding isn't a lifetime job, we often sell for the sake that we are aiming to get a profit from our investment unless if you don't have such intention.

[ecnalubma]

As long as it doesn’t drop to zero a single snap were good. I believe we will experience a long bullish market this year so this drop could be temporary since the support is very strong compare to past few years. No reason to unload BTC this early, more positive things are about to happen.

[target]

The fud started with the waste of energy in mining BTC and then a province in China blackout but didn't work to make the BTC drop further but the news about tax had worked for BTC to dip this low making the holders dump as well. But I don't think many will really be selling when they know the governments are also in crisis. We still find BTC as the safest asset. Fuds are coming still like Korean exchanges are being seized by governments, I think this will really make the DEX to be highly used soon.

[Chathusand]

You shouldn't be surprised, given how bitcoin's value has fluctuated in the past. However, I suspect that some people have overlooked that bitcoin is volatile simply because it has been surging in recent months, and that this drop will serve as a wake-up call. Panic selling will continue to be a major factor in Bitcoin price fluctuations. No institutional investor would ignore this fact.

[nicecrypto]

You shouldn't be surprised, given how bitcoin's value has fluctuated in the past. However, I suspect that some people have overlooked that bitcoin is volatile simply because it has been surging in recent months, and that this drop will serve as a wake-up call. Panic selling will continue to be a major factor in Bitcoin price fluctuations. No institutional investor would ignore this fact.

True that. I too believe most most have forgotten that there could be a correction in the market like you said because it has almost been an upward trend for Bitcoin for a while so once this happens, you would definitely see panic sell off like this.

Secondly, I dont think that the institutional Investors would mind that because I understand most of such investors come in around that price so I dont think they would be trying to sell when that happens only some individual investors i guess.

[Chathusand]

You shouldn't be surprised, given how bitcoin's value has fluctuated in the past. However, I suspect that some people have overlooked that bitcoin is volatile simply because it has been surging in recent months, and that this drop will serve as a wake-up call. Panic selling will continue to be a major factor in Bitcoin price fluctuations. No institutional investor would ignore this fact.

[Slow death]

If you've been for a long time in this BTC business you already know this BTC price drop means nothing, nada.

I think people have already gotten used to the price drops because that is a market where there are sellers and buyers, the price will never just increase without having price drops. and if all people do not sell then the price will not increase and we will not have a market either. someone will always have to buy and someone else will have to sell

I've experienced dozens of such drops and haven't sold a satoshi since 2013. Don't let the whales get your valuable BTC.

wow you must be rich

In other words, HODL, because every time after the rain comes the sunshine. You will be rewarded in the end my friend. But only the strong hands will remain.

there are people who want to maximize their profits by buying low and selling high, others who have their target selling prices. each person enters this market with its own objective

[Issa56]

It have been long I have been into cryptocurrency and I hard different kind of experience so if bitcoin price is dropping is definitely a normal thing which happens generally every coin will definitely pump and dump but only the strong and experienced once will hold there coin as far as you are not holding a shit coin if a coin is dumping its definitely a normal thing which will happen to a coin you don't expect a coin to be pumping without correction happening or a dump happening but only the strong once can withstand the dip without selling.

[Rehan Zakir]

You are saying totally right my brother. Just hold bitcoin for future to get massive profits. Many peoples have sold all of its Bitcoin at 10,000$ or even 20,000$. And thought that bitcoin is a useless currency so holding it for long term is not beneficial. And now bitcoin reaches to 60,000$,they feel himself the unluckiest people in the world.

[Shasha80]

You are saying totally right my brother. Just hold bitcoin for future to get massive profits. Many peoples have sold all of its Bitcoin at 10,000$ or even 20,000$. And thought that bitcoin is a useless currency so holding it for long term is not beneficial. And now bitcoin reaches to 60,000$,they feel himself the unluckiest people in the world.

Bitcoin is the best coin to HODL, because sooner or later the price will continue to rise, so Bitcoin holding must be done to be able to get big profits
in the future. Only all weak hands will sell Bitcoin at this time, because they probably can't wait for the Bitcoin price to hit at least $ 100k this year.
In the end, all weak hands will regret if knowing Bitcoin maybe can reach the price of $ 100k as predicted by many people. So it is best not to rush
to sell the Bitcoin that we have.

[xSkylarx]

It is normal for people that are new to crypto to panic when these corrections happen. Let's admit that we also panicked when we first experienced it too. And as what my professor in college always said, experienced is always the best teacher. You can't avoid a mistake if you didn't experience it yet personally. So for those newbies in crypto, if you trust the potential value of bitcoin or any crypto you hold in the future you should just hodl it. Don't be swayed from the fuds when the market is dumping.

[Chato1977]

If you've been for a long time in this BTC business you already know this BTC price drop means nothing, nada.

I've experienced dozens of such drops and haven't sold a satoshi since 2013. Don't let the whales get your valuable BTC.

In other words, HODL, because every time after the rain comes the sunshine. You will be rewarded in the end my friend. But only the strong hands will remain.

Days ar done and now this is for strong hands and for those willing to hold and trust bitcoin.

Check the market now, Bitcoin is near breaking 60,000 again and this is a sign of coming to new ATH like what Ethereum does.

[elisabetheva]

You are saying totally right my brother. Just hold bitcoin for future to get massive profits. Many peoples have sold all of its Bitcoin at 10,000$ or even 20,000$. And thought that bitcoin is a useless currency so holding it for long term is not beneficial. And now bitcoin reaches to 60,000$,they feel himself the unluckiest people in the world.

Of course, when they sell, what is done with the aim of taking precedence. Moreover, we know that during the pandemic, everyone feels difficult and needs funds to survive. We have to admit that during a pandemic many people are having a hard time.

but if they sell because they are afraid their value will continue to fall, or as you say that long-term investing is not profitable, of course at this point they will feel sorry for making the sale. did not think that bitcoin was able to get up and reach a high enough price. but please remember that the price is not maximal and will continue to move up. remember that the end of the year is still quite long and there is likely to be a significant spike in prices.

[isaac_clarke22]

~

I recall someone posting here in the same board with a title around the lines of "HODL you m_____". If that wasn't encouraging like this thread, I don't know what will.
Though we can't blame newbies on panicking to the bearish sides of the market though. They'll learn that they screwed up surely.

[Sled]

~

I recall someone posting here in the same board with a title around the lines of "HODL you m_____". If that wasn't encouraging like this thread, I don't know what will.
Though we can't blame newbies on panicking to the bearish sides of the market though. They'll learn that they screwed up surely.

And it was very late for them to realize that they are wrong, mostly it happens after regrets.
This is a thing that we can find no solution as it was depending on how we respond to the market change and also how to control our emotions.

Almost everyone saying HOLD and HOLD but later on, they''' find themselves they were not capable of doing it especially when the market continues to decline and their minds start to get in trouble and then start to think negative which ended up selling at losing.

We can never change this, that is the fact.