Is someone worried about the recent decline of BTC?

[Karartma1]

No I'm not worried at all and I'll never be tired of explaining here why I think that way.
There's only thing I'm concerned about which is how mining will evolve after the China ban and what could happen if the hashrate would drop 60% because of that overnight.
Other than that, the network will adjust and bitcoin will keep moving as planned.

[Vishnu.Reang]

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%

Altcoins are recovering faster when compared to Bitcoin. If you check the market dominance of Bitcoin, it can be seen that the dominance went up from 39.9% to 47% immediately after the crash, but after that altcoins are fighting back gradually to take back some of that share. As of now, the Bitcoin dominance stands at 44.3%, which represent a considerable decline from the figure we had after the crash. In general, the mood in the market is that altcoins have fallen by too much too fast.

[ropyu1978]

Is there anyone who is afraid and worried about the current price drop? my answer was not afraid, because I was sure bitcoin would be fine, even in trading there were profits, there were losses, there was a decrease in turnover, there was also an increase in turnover. sea ​​water sometimes rises, sometimes recedes, once again I say I'll never be afraid ...

[indo1]

I took advantage of this moment to get a cheap price, and sell it quickly get a little profit, entering the kripo market today is very risky. There is nothing to be concerned with the market now, you just have to follow the current market path, take advantage of the cheap price, and immediately come out make the investment benchmark is a stable coin, do not be too greedy, enough to profit.

[mrongoz22]

everyone will definitely take advantage of every opportunity, especially bitcoin which goes down again, yes, of course everyone will collect bitcoin, because we believe bitcoin will be even better, there are people who are afraid or worried about the decline in bitcoin now. The answer is definitely no ...

[bibisriono]

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 am of the opinion that the decline in bitcoin prices that has occurred for some time is nothing to worry about excessively, especially for newbies who are new to the world of cryptocurrency, we have experienced this from a long time ago where the price of Bitcoin dropped dramatically
at this point the thing to do is save all your bitcoin assets and sell when the price of bitcoin has risen again

[Roy Asher]

In fact, the price of Bitcoin has fallen to $29,000, but I still choose to believe it. Therefore, I am not panicked because of its price drop, on the contrary, I feel happy about it, because it means that the time for me to buy Bitcoin again at a low price has come, and I will make a lot of money again because of it.

[Tarin Hart]

In the long run, I'm not worried about the decline of bitcoin. More and more people are understanding and entering the industry, which has a good development prospect, which also supports the rise of bitcoin price. For some counterfeit coins, it is difficult to guarantee.

[KaliLinux]

I had some btc, was not so worried but drop was very fast. After this last two days i see it is recovering so i get more yesterday.

The best thing to do and you have done. Once you are able to confirm a reversal to a market uptrend, I believe we need to buy back in. I bought some BNB again 2 days ago as one of my major assets in my portfolio once I noticed it is good to buyback at that price


once I see that we are back upward in the market.



I will ride the wave to the end again.

[Henrobakkara]

I understand that most people were worried or rather concerned about the decline but as we all know and as some have already mentioned, it is how we are able to take advantage of the situation that is important. The decline in Bitcoin price was an avenue for agile investors to buy more of whatever crypto assets they want and like we noticed now, looks like the market is getting back up which those that got in at the dip will make good profits.

[PIR]

Its defend if you invest in BTC off course you worried especially last week drop to 32-33k its alarming from 45-50k. But now BTC moving up to 40k. I think this is start to raise again of Bitcoin.

[MCobian]

Its defend if you invest in BTC off course you worried especially last week drop to 32-33k its alarming from 45-50k. But now BTC moving up to 40k. I think this is start to raise again of Bitcoin.

All Bitcoin holders I make sure are worried about the drop of Bitcoin to the price of $ 32k, some even panic and sell their Bitcoin. This is what makes
Bitcoin difficult to recover, because there are still many people who panic seeing the Bitcoin price fall. Even if we look at the history of Bitcoin, it is not
new that Bitcoin has dropped dramatically. We should all learn from history, so there is no need to panic when the Bitcoin price suddenly drops.
Because this definitely happens to Bitcoin over and over again, so what we need to do is holding the Bitcoin that we have until the price recovers.
Proven who believe in Bitcoin and who are patient, are now starting to feel calm. Because Bitcoin has finally made it to the price of $ 40k, after several
time failed attempts to hit the price of $ 40k.

[oHnK]

The best thing to do and you have done. Once you are able to confirm a reversal to a market uptrend, I believe we need to buy back in. I bought some BNB again 2 days ago as one of my major assets in my portfolio once I noticed it is good to buyback at that price


once I see that we are back upward in the market.

For someone who buy at FOMO, this recent decline will be warning for them. For traders in short term, they have to prepare their self to maintain the risk but for investor in long term, this is nothing for them. They just prepare to do buy the dip for average down strategy. According to me, you are one of the long term investor. BNB is one of the best asset now to hold for long term, another asset that should keep for long term is the common coin BTC, ETH, ADA.

[iTradeChips]

I don't want to say "decline" of Bitcoin. It is like saying the decline of something or like the Decline of the Roman Empire in which Bitcoin is not on that kind of level. All we have to do is really to trust the experts in their trading speculations and most say that this is a correction period of Bitcoin, much like what happened in 2017 and the other small "crashes". But for me the good thing here is we can buy again at a low price, so enjoy buying Bitcoin at a good low price while it lasts.

[Freezingel]

I'm also the typo who's never worried about the decline in bitcoin price? Why? because i've experienced this enough, and know that it will surely be up and down journey, nothing will go as smooth as we want. Bitcoin can stay strong if there are people who believe. That is the main point, if people started to go panic, worry, and losing trust and interest because of the price declining, then who will support bitcoin? It will only lead bitcoin into a falldown.
We need a strong trust to maintain, and even bring bitcoin price to a higher place. News shouldn't make us worried.

[Golftech]

I'm also the typo who's never worried about the decline in bitcoin price? Why? because i've experienced this enough, and know that it will surely be up and down journey, nothing will go as smooth as we want. Bitcoin can stay strong if there are people who believe. That is the main point, if people started to go panic, worry, and losing trust and interest because of the price declining, then who will support bitcoin? It will only lead bitcoin into a falldown.
We need a strong trust to maintain, and even bring bitcoin price to a higher place. News shouldn't make us worried.

If only all people around here do have the same views that you have, but it isn't like that,

there are people / investors who wanted to have a quick journey trying to short bitcoin and

see if luck will permits them, once the market seems unfavorable they'll easily go and sell

with losses from their investment.

[Lanatsa]

I'm also the typo who's never worried about the decline in bitcoin price? Why? because i've experienced this enough, and know that it will surely be up and down journey, nothing will go as smooth as we want. Bitcoin can stay strong if there are people who believe. That is the main point, if people started to go panic, worry, and losing trust and interest because of the price declining, then who will support bitcoin? It will only lead bitcoin into a falldown.
We need a strong trust to maintain, and even bring bitcoin price to a higher place. News shouldn't make us worried.

If only all people around here do have the same views that you have, but it isn't like that,

there are people / investors who wanted to have a quick journey trying to short bitcoin and

see if luck will permits them, once the market seems unfavorable they'll easily go and sell

with losses from their investment.

There are indeed investors who are already anticipating for possible losses that's why they do set out stop loss and once it had triggered out then they aren't tending to chase up losses.

Instead they would really be finding out possible entries on where they could place themselves on possible reversal on where they can make out profits and cover up on what they had lost earlier.

It all matters on how you do play in the market because not all would really be mindful even with just the basics.

[just_Alice]

Not in the slightest, it's happened so many times already that people should be "immune" to such things. I really don't get where all the panic comes from, haven't we been through this, like, a dozen times? In fact, I'm waiting for the BTC to drop a little more to buy lower, it's a really good opportunity now for hodlers.
But I don't envy people that need to withdraw BTC this instant and don't have much choice. I think, in such a situation, maybe it's even better to borrow money and wait through this decline than withdraw.

[Twentyonepaylots]

Bitcoin death happened at least 400 times ever sive it was created and released to the masses. Sure some of the people here in the forum may find this current price decline concerning considering the fact that the deficit is big, but we gotta remember that bitcoin had these issues for breakfast since time immemorial. I'm not saying their fear is illogical, but I'm saying it would be unwise to let this opportunity pass just because something as common as bitcoin dump has happened yet again.

[Kez1817]

Why we need to worry? Bitcoin is volatile and crypto market already dropped many times but it bounce back again. Only newbies without enough knowledge about bitcoin will panic about the sudden decline of bitcoin price. This time that the value of bitcoin dropped a little, it's good to buy more before  it will go up again. Better to invest and buy now than to regret later when you see bitcoin sky rocket again and reach another ATH.