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Author Topic: Is someone worried about the recent decline of BTC?  (Read 2687 times)
Murtaza345
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May 18, 2021, 03:19:27 PM
 #121

Ofcource would be.But I'm not, because I know it happens usually.but you can see the market chart of last 6 month so no need in my opinion. And I know people who are old in this crypto field they won't be worried at this,but but people who are new in this field so ofcource they would be worried.but I would like to say them ,at this situation no need to be panic at this situation,but its also golden chance to take entry, because very soon you will be very happy after seeing bullish market.
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May 18, 2021, 04:04:46 PM
 #122

I'm not worried, i know from the start that bitcoin is really volatile, it can goes up highly and decline drastically as well in a really short time. Bitcoin is really vulnerable to news, or people words as well, so the price can really be affected easily, even with the smallest thing.
But for sure, bitcoin will remain strong, i know that, and i guess it's not the time to worry, but it's the opportunity given to us who want to buy more bitcoin, or for those who are new to bitcoin. We really should maximize this chance well.

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May 18, 2021, 04:30:24 PM
 #123

Now it has dipped to 42K, prepare your funds to buy scoop up more Smiley

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May 18, 2021, 04:59:39 PM
 #124

Worrying when it comes to Bitcoin price discussion also depends a lot on when you need the money. If you can be patient I would say there is not too much to worry about. If you can't any price drop could hurt you.

Well, that's right
Because someone is panicking or not depending on the money needed, if when bitcoin goes down and he has enough money at home, of course it's not a problem for him, but what happens if all of our money has been invested in bitcoin and the price suddenly drops drastically , surely panic will accompany it

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May 18, 2021, 08:39:13 PM
 #125

Some people who are not ready and still buy at a high price may be worried, but for those who have prepared more money will wait for the lowest price. This is an opportunity to buy bitcoins cheaply. dump this time into a dump that is quite deep due to the influence of elon musk's tweet.

having spare capital is very important for the conditions like today.
dikistutmazsabri
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May 18, 2021, 10:07:36 PM
 #126

I think the recent drop of bitcoin should not cause people to worry, but when we know that these drops are from manipulation by one person, it's something that annoys us. one person can direct the market as he wishes and ignores millions of people. this is something that shouldn't happen. bitcoin may fall, rise. but this should not be artificial.

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May 19, 2021, 07:58:12 AM
 #127

Now it has dipped to 42K, prepare your funds to buy scoop up more Smiley

I hope I will be wrong, but I think it might go back down to 38,000 teritorry, if that happens then we just proved that Bitcoin can be possibly hyped by one person or company and it might be sometime again that another personality or company will push again Bitcoin to the next ATH. What would people feel if they bought bitcoin when it was at the top, thinking it will go up further only to find out that their investment will now be lower and they sell their bitcoins at a loss? If you have not sold your BTC, don't sell it. The fun has just begun.

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May 19, 2021, 08:03:00 AM
 #128

Maybe someone is worried about this, but not me.

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May 19, 2021, 03:13:39 PM
 #129


I hope I will be wrong, but I think it might go back down to 38,000 teritorry, if that happens then we just proved that Bitcoin can be possibly hyped by one person or company and it might be sometime again that another personality or company will push again Bitcoin to the next ATH. What would people feel if they bought bitcoin when it was at the top, thinking it will go up further only to find out that their investment will now be lower and they sell their bitcoins at a loss? If you have not sold your BTC, don't sell it. The fun has just begun.

Don't worry, I've holdings at 58K and have never sold them. What's more important is that we have extra funds to buy the dip once that happens Smiley

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May 19, 2021, 04:49:50 PM
 #130

Never worried about the decline of BITCOIN today. If you're into Bitcoin for quite some time now, the decline won't surprise you. It would actually make you feel more excited with the future.

This isn't an invalid opinion. We all know how Bitcoin decrease and increase during the past years. Patterns might not be the same. No predictions that has to be done here. But we all know that Bitcoin was still able to recover and move up its flight to the moon.

You always have to take advantage to everything happens. I guess this is the best time to dive-in just take time and wait for it to go down still then there you go.

Technically wise, Bitcoin will have its next halving in 2024, three years enough time to keep your Bitcoins and have patience. After that, you will then enjoy and apply all the mistakes you learned along the way. Good luck!

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May 19, 2021, 05:01:39 PM
 #131

I dont worry about Bitcoin decline either. Sold a bit this morning @ 41k, bought it back @ 35k. Made easy 130 bucks. Wish there were more price dropping days like today.
If someone is scared of price drops - diversify holding between several wallets. In case of fire - sell holding on one wallet. In any scenario you will either lose less or earn less. And remember that you will never get all money of the world.

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Sirait
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May 19, 2021, 06:14:12 PM
 #132


I hope I will be wrong, but I think it might go back down to 38,000 teritorry, if that happens then we just proved that Bitcoin can be possibly hyped by one person or company and it might be sometime again that another personality or company will push again Bitcoin to the next ATH. What would people feel if they bought bitcoin when it was at the top, thinking it will go up further only to find out that their investment will now be lower and they sell their bitcoins at a loss? If you have not sold your BTC, don't sell it. The fun has just begun.

Don't worry, I've holdings at 58K and have never sold them. What's more important is that we have extra funds to buy the dip once that happens Smiley
^ buying more at the dip is great. I really regret not having the extra funds to buy bitcoin 4 hours ago, I am sure the price of bitcoin will not go down again and will be stable at the current price until a while before going up and making a new ath.

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May 19, 2021, 06:49:59 PM
 #133

Now it has dipped to 42K, prepare your funds to buy scoop up more Smiley

And down to 38K, still have higher pressure to fall more you need to have good amount of spare fund to collect if you really trust this
market.

Tough to every single traders especially those who only have small capital to work with this huge volatility, with huge dumped happening right now, engagements from small players surely got a huge impacts.

Analyze more deeper and not to rush your decision making, it will save you time and money.

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May 19, 2021, 07:03:01 PM
 #134

It will probably go l even lower, probably back to a stable 20.000$ like it has been for a long period of time. But that isn't a bad thing, wait a bit longer and we will have a great price to buy, it will make lots of profit later, to anyone who wants to hold long enough for a new ATH.
I am definitely going to buy soon, I think I wont be making a mistake, it isn't the first time that Bitcoin gets a huge dump after reaching an ATH, it's always been like this.

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May 19, 2021, 07:07:02 PM
 #135

It is hard not to worry,  seeing your portfolio reducing each day by %5 or more is not an easy thing to stomach but we have to accept what 9s happening and hold on to our coins while this whole crash settles eventually.  Am worried to see the market continues to dump everytime I tried to look at it  Cry
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May 19, 2021, 07:11:23 PM
 #136

You, cryptocurrency newbies, are such alarmists

We have seen worse in the last six years, we have seen Bitcoin go from 18,000 USD to 3,000 USD. We did not run, you are seeing a less volatile dip and screaming.

Stop this panic, if you have money, buy the dip, if you put in your life saving, keep calm and learn. If it is your spare cash, look away for now. Focus, it is too noisy.

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May 19, 2021, 07:15:06 PM
 #137

I would have been worried, if this had happened 3-4 years back. I first invested in cryptocurrency long back in 2017. It has been 4.5 years and I have been through various ups and downs. Those who are getting alarmed and depressed at the decline from $62,000 to $36,000 also need to remember that it was almost a continuous bull run from $8,000 to $62,000 in the past few months. A correction was long due, but the bull run will resume very soon.
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May 19, 2021, 07:17:12 PM
 #138


I hope I will be wrong, but I think it might go back down to 38,000 teritorry, if that happens then we just proved that Bitcoin can be possibly hyped by one person or company and it might be sometime again that another personality or company will push again Bitcoin to the next ATH. What would people feel if they bought bitcoin when it was at the top, thinking it will go up further only to find out that their investment will now be lower and they sell their bitcoins at a loss? If you have not sold your BTC, don't sell it. The fun has just begun.

Don't worry, I've holdings at 58K and have never sold them. What's more important is that we have extra funds to buy the dip once that happens Smiley


I'm down 25% on my crypto about the price of a Tesla.
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May 19, 2021, 07:26:05 PM
 #139


I hope I will be wrong, but I think it might go back down to 38,000 teritorry, if that happens then we just proved that Bitcoin can be possibly hyped by one person or company and it might be sometime again that another personality or company will push again Bitcoin to the next ATH. What would people feel if they bought bitcoin when it was at the top, thinking it will go up further only to find out that their investment will now be lower and they sell their bitcoins at a loss? If you have not sold your BTC, don't sell it. The fun has just begun.

Don't worry, I've holdings at 58K and have never sold them. What's more important is that we have extra funds to buy the dip once that happens Smiley
- If you don't talk about the price you bought with bitcoin, I would honestly believe you are not worried but for the price you are holding, what you are saying is probably just an act to reassure your psyche, your enthusiastic words of encouragement to others are also what you want for you. Loss reduction should have been your best course of action before things got so bad but you seem to have tried to aim higher and overconfident, the results are pretty bad but hopefully you still have some money left to buy more bitcoin and cut your losses down when the market recovers


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May 19, 2021, 07:56:30 PM
 #140

 Am not worry about bitcoin . Bull market is waiting after this Bear market . There are so many investors are behind bitcoin  so I think bitcoin will cross $100,000 very soon। After this down time . So hodl tight  and clam down

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