Is someone worried about the recent decline of BTC?

[mrongoz22]

price decline is a common thing, in my opinion people who have been playing bitcoin for a long time will not panic at all, even take it easy, because they believe bitcoin will definitely go up, because many people are already prosperous thanks to crypto,,
bitcoin will get better ''

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[Karish2return]

May be this is due to some possible reasons that how can we react on this .... indeed after some time it will gain its specific  position but it needs some time for which all of the people are not ready. More people are worried about this and find some solution for that.

[Kelvinid]

price decline is a common thing, in my opinion people who have been playing bitcoin for a long time will not panic at all, even take it easy, because they believe bitcoin will definitely go up, because many people are already prosperous thanks to crypto,,
bitcoin will get better ''

Indeed, these crypto investors are happy now as they have a chance to reinvest Bitcoin at a lower price. And I assume that they are filling their bags enough to prepare for the next Bullrun and I hope others could make it. Because at this time, I'm not sure if the market will suffer a huge dip just like in the previous bear season, I saw it was a different situation now where more people, more investors are can manage to hold rather than in panic selling.  

[geegaw]

price decline is a common thing, in my opinion people who have been playing bitcoin for a long time will not panic at all, even take it easy, because they believe bitcoin will definitely go up, because many people are already prosperous thanks to crypto,,
bitcoin will get better ''

Normal stories but as we are exposed to it in different roles and angles in this market we are constantly uncovering risky issues, obviously everyone knows this fall will come one day but the reception and acceptance of the information is so poor, a low price is still enough to break the previous confidence. Well-trained investors are just as scared as ordinary investors, one hundred percent certainty in prediction is a number that carries too much illusion of belief but they have to relax and act like it's nothing to handle the situation well

[MFahad]

Is someone worried about the recent decline of BTC? Don't worry, and it won't lose BTC's momentum in the future. A new report from Whalemap shows the largest cluster of whale coins in the range is 120,000 BTC at $ 58,000. As such, the lowest price can drop now at $ 52,000

$ 52,000 “Should Be BTC Floor.”
https://medium.com/snapbots-news/snapbots-news-review-bitcoin-drops-but-bull-run-wont-end-9090f739a6f3

So after 2 weeks of this post, bitcoin is 33,000$.
So where is the flour of 52,000$ mentioned in the article ?  This proof no theory fits 100% in bitcoin. Its hard to predict the price of bitcoin in immediate short term.

[TangentC]

Is someone worried about the recent decline of BTC?

No worries, unless someone was dumb enough to believe Bitcoin is a Store of Value.

Bitcoin is a Boom & Bust Speculative investment verses fiat.
Store of Value it will never be, as during the bust cycles it is always multiple times lower than the Boom Cycle.

[pawanjain]

I lost nearly 50% currently but iam not worried about it because i want make goal for long term investment. Price of Bitcoin already rally more than 15x for about 1 year and this is very big return for investors. And now many investors sell their BTC for profits so that the price declined, this is still normal market. But there will be others new investor will see this price as opportunities and start to invest. Statement of Elon Musk and Government of China only effected the market for short times, and then the price bounce back and going to new high because more new people and institutional will see the advantages of BTC.

50% is painful but yes, in relative terms Bitcoin gained a substantial amount this year. I don't think anyone should be wondering that a coin that goes up 15x could fall by 50% later on. It is pretty normal although hard for those who got in late.

We might look at it as a 50% drop from ATH and also as 300% gain from exact 1 year.
Last year the price of bitcoin was around $10k on the same day and now it's at $33k.
That still gives us 3.3x returns.

To be honest 50% drop doesn't matter much if we are willing to hold it for a long term.
This is not "The End" for crypto. We still have a lot of time to evolve, mature and grow.

[herurist]

worried of course because seeing the decline now especially people who are just starting out in crypto must feel worried and feel disadvantaged because of the decline that has occurred in recent weeks.
but for the longtime holders I don't think they feel the same worries because they have felt in 2017 and in previous years.
and those who lost their assets are now starting to exaggerate the problem of the current decline, even though if they were a little patient they should have understood that the decline now will become an increase in the future.

[Viscore]

worried of course because seeing the decline now especially people who are just starting out in crypto must feel worried and feel disadvantaged because of the decline that has occurred in recent weeks.
but for the longtime holders I don't think they feel the same worries because they have felt in 2017 and in previous years.
and those who lost their assets are now starting to exaggerate the problem of the current decline, even though if they were a little patient they should have understood that the decline now will become an increase in the future.

I understand how newbies react to this present decline of bitcoin because i was once a newbie too. But becoming more emotional seeing your investment starts to fall won't really make a difference. It will only worsen the situation because you can't focus on the right decision which will leave remarks for your future.

I always think why should i worry when i know bitcoin is more profitable when hold for long term? I hope new investors will come to realize that this decline is not the end yet. After this, we will see bitcoin starts to recover again and will hit new ATH in the coming days.

[Zoe Saldana]

After this, we will see bitcoin starts to recover again and will hit new ATH in the coming days.

Days? Or do you mean months to a year(s)?

[DarkDays]

I lost nearly 50% currently but iam not worried about it because i want make goal for long term investment. Price of Bitcoin already rally more than 15x for about 1 year and this is very big return for investors. And now many investors sell their BTC for profits so that the price declined, this is still normal market. But there will be others new investor will see this price as opportunities and start to invest. Statement of Elon Musk and Government of China only effected the market for short times, and then the price bounce back and going to new high because more new people and institutional will see the advantages of BTC.

50% is painful but yes, in relative terms Bitcoin gained a substantial amount this year. I don't think anyone should be wondering that a coin that goes up 15x could fall by 50% later on. It is pretty normal although hard for those who got in late.

I accept and agree with the comment above. Bitcoin has had a great rally and having seen how the market behaved lately it is not too surprising to see many people panic. It is part of the normal cycle and this will soon repeat again.

If you believe that the market can improve then this is a great time to acquire all the alts and BTC at a reduced price...

[Gamerholic]

I think, based on the results of this week, we can safely say that many are already worried about the fall. As we see the price of bitcoin at about 33 thousand dollars at this point. Those who bought it above 50 thousand I think are only thinking about whether to fix their losses or still calm down and wait? I personally sold all my bitcoins a long time ago and I'm just waiting for the "bottom" to buy them again at a lower price.

[Review Master]

When market was on bullish rally, everyone wanted a correction so that it could pump at $100k. But many of them are disappointed because of this huge correction which is quite ridiculous. Every users who are on panic mode about what to do next, just remember that market will always test our patience and whales will do the manipualtion so that weak hodlers can lag behind because of fear and that's the thing is wanted by those whales so that they can buy more for another bullish rally. 

I lost nearly 50% currently but iam not worried about it because i want make goal for long term investment.
 

It's great to be a diamond hand hodlers. Just like you, my overall portfolio is down more than 80% and it'll again recover just like previous correction which was done back in January. Though this time correction is huge compare to that time, but it's good for another bullish rally.

[Miaallen]

I don't know where you got your prediction signal from but it has appeared to you that you're wrong as the price has fallen up to $35,000 and still falling not the extent it will fall tomorrow. This is the time to be careful in investing and one should just take the caution of investing only the amount one can afford to lose.

[tabas]

I think, based on the results of this week, we can safely say that many are already worried about the fall.

There really are and many of them are the people who just got in to the market recently, the newbies. They have never experienced such fall and it's the time that we're just going back to 2018 where many have invested on 2017 heights and then suddenly the bear market enters.

As we see the price of bitcoin at about 33 thousand dollars at this point. Those who bought it above 50 thousand I think are only thinking about whether to fix their losses or still calm down and wait?

They probably have cut their losses and did panic sold.

I personally sold all my bitcoins a long time ago and I'm just waiting for the "bottom" to buy them again at a lower price.

At what price you've sold and that would probably a lot of bitcoins I think?

[diahsw]

obviously very worried, because this decrease is very slowly, so it is very imperceptible. very different if the decrease occurs within a day, then there is no worry, but immediately shocked and even fainted. I hope the BTC is fine.

[iTradeChips]

Well, if you want an honest answer, my answer is a "no". I won't really want to call it a decline because what happened is that Bitcoin is correcting itself again. Just like what happened in the first quarter of 2018. So the weak hands are going to sell at a loss, panic selling will occur at a moments pace. And what's left again are the whales, the hodlers, and the traders and solid investors of cryptocurrencies. Just keep on buying in the dip and then we just have to wait.

[Henrobakkara]

Is someone worried about the recent decline of BTC? Don't worry, and it won't lose BTC's momentum in the future. A new report from Whalemap shows the largest cluster of whale coins in the range is 120,000 BTC at $ 58,000. As such, the lowest price can drop now at $ 52,000

$ 52,000 “Should Be BTC Floor.”
https://medium.com/snapbots-news/snapbots-news-review-bitcoin-drops-but-bull-run-wont-end-9090f739a6f3

I guess by now it will be safe to repeat the saying " Don't believe everything you read" Now that we have seen that Bitcoin even dropped to $30k a couple of days ago before rallying back up. I believe the market has its own mind and we will follow it the way it flows even though most will try to make their different predictions.  

[Questat]

Well, if you want an honest answer, my answer is a "no". I won't really want to call it a decline because what happened is that Bitcoin is correcting itself again. Just like what happened in the first quarter of 2018. So the weak hands are going to sell at a loss, panic selling will occur at a moments pace. And what's left again are the whales, the hodlers, and the traders and solid investors of cryptocurrencies. Just keep on buying in the dip and then we just have to wait.

That's a decline when the price dump, have you seen what happened in the past few days, there's a huge dump, and panic is happening.
Good thing that the market is starting to recover, but if you look at the last 7 days' performance, the majority of the coins are still in huge decline.

https://coinmarketcap.com/

top coins dropped.

BTC -17%
ETH -30%
BNB -40%

[Obito]

obviously very worried, because this decrease is very slowly, so it is very imperceptible. very different if the decrease occurs within a day, then there is no worry, but immediately shocked and even fainted. I hope the BTC is fine.

Of course it will be fine, remember that the market has been around for a decade and the prices did go down in those times but look at wheee the prices at? It has gone up higher than a lot of people could've expected. These numbers were a pipe dream back then but the market achieved it, don't falter and just believe that bitcoin will go back up again.