Anybody else feel relieved this dip finally happened?

[capcaypro]

consider this a boon for those who want to invest more in bitcoin. because this is just like a big discount to have a cartoon treasure and I enjoy it although when I look at my assets now I feel sad about this but I try to think positive because I believe my assets will be very safe here and vice versa will be more when I buy more assets now

[seoincorporation]

It was a matter of time to see this happening... As I always say, bitcoin will always move, up or down, but it will move. And the fact that tesla stop accepting bitcoin for their cars was a clear signal of the crash. Now the question is. How deep is really deep.

It will keep crashing and after some time it will have some recovery, but not up to $60k like it used to be.

[decodx]

I despise the sensation, but I'm grateful that it has actually occurred. We were all expecting a 30% drop. If it hadn't happened now, it would have happened at $100,000. At $100K, it's very likely! This price behavior is completely natural for bitcoin, and my durability deteriorates throughout bull runs.

My reaction is probably very similar to yours. It's a holiday! I am so grateful for that, and so looking forward to what is to come.

There are people who believe that a bubble has burst. To me, that's madness. They claim that the smart money has sold, and that dumb money is rushing to pick up the pieces.
But, it's not so. At least from the look of it, this is an opportunity I can't miss.

[Altcoinsintel]

Bro, it is already one month and more since the previous ATH. This was it, there is no recovery. Look at GBTC and how it trades at a 20% discount even at these price levels. There is no new money entering and the market is just sustained by Tether. I'm guessing soon a mass exodus from big exchanges will begin and we will see the same events of withdrawals suspending and many exit scamming on their users.

[carlisle1]

I despise the sensation, but I'm grateful that it has actually occurred. We were all expecting a 30% drop. If it hadn't happened now, it would have happened at $100,000. At $100K, it's very likely! This price behavior is completely natural for bitcoin, and my durability deteriorates throughout bull runs.

Not relief but probably another great opportunity to enter the market again. January to February we've witnessed 23%-26% decline, but we have recovered. And it's better that we seen it this month, and yes this should happen, and now the game begins. We can enter today, or just wait for another dip, it's our call. And then hold again for at least at the end of the year.

For believers and newcomers who are now thinking of investing to this business, now is the perfect timing,
after that huge run that brings the value to the new time high.

It's up to every traders and investors  in how they'll be treating this market movements to favor their investment ventures.

Just need to make sure to calculate and analyze every dip and how you'll going to position your entry / exit point.

[terrorJR]

Apart from the temporary depreciation of assets, I feel blessed by corrections and decreases like this so that I can add to my asset coffers to be even more because this is the time to add to my assets in bitcoin.
Apart from my assets which are currently experiencing a appreciable depreciation, I am very sure that it will return to normal and even more because this is a pretty good blessing for me in particular.
i hope btc will get back to where it was and soar higher

[reelstuff]

Dip?   This is not a Dip, this is orchestrated and a manipulated "broadside" aimed at leveraged and margin traders, who are in some other universe adding to the margin ...   This is not the Dip everyone felt coming, this is something different.   (Artificial) IF you look at what has been going on for the last month you can see what really happened.   Buyer fatigue,  Price manipulators, scalping the bottom of the order book on the red side.   That caused the price to fall, speculators bought, (likely thinking that it would go right back up)  opps, no that did not happen, (Why did it not go back up?)  Good question and a question that I suspect many people wish they knew the answer to that question.   The most likely reason is one of psychology.

  These market manipulators, conditioned the average buyer into not buying the dip.

  After a while you see what is happening, the price goes down, but you do not buy because you already know its going lower.

So you wait and others just like you also wait, so when the price drops, not as many buyers are waiting to buy the dip.

So the price goes lower.

  Because not as many are buying, so they wait, because hey they see what has been happening and they think hey its going to go lower lets wait.

So they wait and you wait, We Wait, so the price goes lower still.

A popular internet and brick and mortar financial institution, predicted last week a shocking low price prediction, but most people ignored them because they have been wrong about 74 percent of the time in their predictions since Jan 2021. . .     But, this one they might actually be right about not because they "got it right" but because there is this nonsense about Bitcoin somehow causing Global Warming, ....      Got to love that one, kind of like it's the Cow Farts in Montana that is creating global warming...  The thing is in Montana the Air is not polluted with cow farts or people farts for that matter, unlike Mr, Musks office building ...   The price will go up.    You might be crying in your beer for now but at least you have a beer to cry into...

[willoweb]

In fact, no one knows where the bottom of this fall will be. It is stable, only one person is to blame for it, who deceived the whole world and the entire community with his contradictory statements. Now there is no trust either in this person or in the coin itself, which "suddenly" turned out to be "non-ecological", which in itself is nonsense. Everyone who understands how electrical devices work understands that this is not a priori "green" technology that works from the Sun. So the age of "stupid populism" has come and I hope it will end as quickly as it began.

[Memminger]

I am waiting for it to happen but I don't know how much it would fall or how long would it stay low.
Are we going to experience a continuous drop again just like in 2018?
And if we would how low do you think it would reach?

[dimonstration]

I am waiting for it to happen but I don't know how much it would fall or how long would it stay low.
Are we going to experience a continuous drop again just like in 2018?
And if we would how low do you think it would reach?

It's hard to determine up to how much but It will not be like the 2018 dump since there are already institutional companies that heavily invested in crypto, there are already many who are waiting for the dip to happen and buy. I prefer to buy little by its breaking point since anytime soon once those who want to get in buy, it might be too big that price may jump too high.

[romero121]

I am waiting for it to happen but I don't know how much it would fall or how long would it stay low.
Are we going to experience a continuous drop again just like in 2018?
And if we would how low do you think it would reach?

It's hard to determine up to how much but It will not be like the 2018 dump since there are already institutional companies that heavily invested in crypto, there are already many who are waiting for the dip to happen and buy. I prefer to buy little by its breaking point since anytime soon once those who want to get in buy, it might be too big that price may jump too high.

This time we can't expect such a massive dip as the past time, but there is more chance of the marketcap reaching close to 1.5T in the coming week. This is just a wild guess, and if this happens I'll be the happiest on earth. I have got debt from few friends in terms of bitcoin, the deadline for settlement has been getting close. More the dip in price will help me with the low spending on buying Bitcoin.

[Kez1817]

I'm still waiting more lowest price to buy but I don't think if it will getting more lower like 2018. Many investors now are happy to see the price of bitcoin falling down because they can add more bitcoin on their bags, so do I.

[Distinctin]

I despise the sensation, but I'm grateful that it has actually occurred. We were all expecting a 30% drop. If it hadn't happened now, it would have happened at $100,000. At $100K, it's very likely! This price behavior is completely natural for bitcoin, and my durability deteriorates throughout bull runs.

I understand that many people are asking and might praying for this, then here it comes but it is too early for the celebration I think as the market isn't really on the bear season, we are just quite low at this time. What we gonna do is patiently wait, don't get excited, isn't the right time to make a buy order as the market might drop more in the coming days.

Well, I can't really say that I was happy but this gives us the opportunity again. Coz I'd never think that this will come, people are hoping for $100k, $200k, but because of Elon Musk, it changing a lot and brought the market to dumps once again.

[acener]

Yes I am waiting for it to happen to buy at a lower price and hold it till it fly high again.
The only problem that I have right now is knowing when to buy I want to buy at the lowest price possible but it is hard to know if it is already at it or it would still drop down.

[ancafe]

well, there was a correction when Elon Musk did not accept bitcoin as a means of payment for Tesla. so, it is quite natural if there is a price reduction. although Elon Musk wrote something on his Twitter about not selling the bitcoins he owns, people think that it is just a manipulation so people don't panic. however, the current downturn was having quite an effect.

[iram3130]

Frankly speaking, I am waiting for a dip in the alt market as I have sold some of them in the BTC pair, and even though there was like 20% dump in BTC, alts didn't drop anything. All of them are holding their ground. Projects like AAVE are hitting an all-time high with the BTC pair. BTC is recovering now and I don't think it will drop below the support levels.

[btc78]

I despise the sensation, but I'm grateful that it has actually occurred. We were all expecting a 30% drop. If it hadn't happened now, it would have happened at $100,000. At $100K, it's very likely! This price behavior is completely natural for bitcoin, and my durability deteriorates throughout bull runs.

I'm not that happy because i did not see this coming and i stayed holding up to now, if only this comes to my belief then i surely sold at 55k and buy back today as the discount climbs to 15 % more.

Sometimes the term HODL really is not that best for all of us specially for me that wanted to continuously grow my holding.

Yes I am waiting for it to happen to buy at a lower price and hold it till it fly high again.
The only problem that I have right now is knowing when to buy I want to buy at the lowest price possible but it is hard to know if it is already at it or it would still drop down.

You are waiting for the lowest price? lol make a enough value when to buy because if you will wait for that then you may miss the entire chances.

[amishmanish]

I despise the sensation, but I'm grateful that it has actually occurred. We were all expecting a 30% drop. If it hadn't happened now, it would have happened at $100,000. At $100K, it's very likely! This price behavior is completely natural for bitcoin, and my durability deteriorates throughout bull runs.

LOL. It is always good to find a new person on the forum genuinely taking the time to understand Bitcoin.

I have similar feeling about Bull-runs. This one especially was completely crazy with the BSC farms and 1000% APYs.

Now that much of the glamour is subsidizing, the overnight influencers and enthusiasts will go back while real bitcoiners will know that hasharate drops, china bans, Energy FUD have always been there. Bitcoin's robustness means that the difficulty will re-adjust, miners' economic incentives will shift and slowly, things will go back to normal.

[Kong Hey Pakboy]

I could finally buy more bitcoin with my money and to be honest, I want it to go down much more just tto piss off the people who hates Elon Musk and have them all panic sell again. To everyone who feels like this dip is a shit, do not worry for you just have to see the good side of this dip.

[xSkylarx]

This has to be expected because many people are too confident with this bull run that it won't stop going parabolic until the end of the year. Many cryptos not just bitcoin made a huge increase since the start of the year, I also didn't expect to rise that fast. I wasn't able to make a huge profit from that rally because I sold too early. With this dip finally happened, I can accumulate more altcoins that pumped a lot from the previous rally and have a huge profit if they break again their ATH.