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Author Topic: Everyone acting like there hasn’t been dips like this during a bitcoin bull mark  (Read 269 times)
BrotherMencius
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May 19, 2021, 08:04:21 AM
 #21

I'm a total noob. I bought my first bitcoin around the time of the ATH, so the value of my bitcoin immediately plummeted.

You guys have really helped me to be zen and see the opportunity in this. In a few of days I can buy more, and wait for the price to (inevitably) go up.
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May 19, 2021, 02:58:27 PM
 #22

Due to the collapse of the bitcoin exchange rate, many exchange users experienced problems logging in to coinbase accounts and binance suspended the withdrawal of Ethereum and ERC20 tokens, users reported that they could not log in to the coinbase exchange.


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May 20, 2021, 07:07:23 AM
 #23

Founder and CEO of Aerospace Michael Saylor tweets that the companies he controls have purchased a total of 111,000 BTC without selling any satoshi, only hard hodl. Smiley  https://twitter.com/michael_saylor/status/1395010922473738240


Kong Hey Pakboy
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May 20, 2021, 07:16:58 AM
 #24

Because a lot of people on the market are ungrateful pieces of shit that thinks that everyday is a green day for the market. They are greedy so they can't wait for it to go up because they want to replicate the profits of the early adopters who got a lot of money hodling bitcoin.

its always been green if you just zoom out because bitcoin started with zero. but then there is always up and down in different time frames which we always focus on when we become traders. elon trying to crash the market can be look at in both ways like the market has to go down first before going up again.
Well, not everyone has started investing in the genesis of the bitcoin market so that's a far fetch optimism to be fair. I know the reason for the market movements, what I was pointing in my previous post was that people wants to get instant wealth right then and there the moment that they'd invested.

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May 20, 2021, 07:49:33 AM
 #25

Now the main thing is not to panic, but the panic still continues and this only worsens the situation.

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May 20, 2021, 08:16:44 AM
 #26

Yeah, we've seen worse than this. And we should already be accustomed to movements of Bitcoin price. It is not a stable coin in the end. It won't just stay at a level or increase forever. We will always continue to see this kind of falls also. I see it as a good opportunity to accumulate more.

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KaliLinux
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May 20, 2021, 08:32:13 AM
 #27

This is the worst dip we’ve seen yet this cycle, but we’ve seen lots worse in previous cycles and bitcoin still came back to rally when the time came. Be patient. one bad thing happens and everyone seems to forget the long game. This is exactly how they want you to react so they can have your bitcoin.
You are right and people shouldn't panic but I believe that panic selling during any price correction or dip in cryptocurrency is something we cant take away. I know some investors to be like, weak hands are the ones selling, that means we have more weak hands in crypto than we think. People have seen this happen over and over since the existence of bitcoin, don't panic sell but they do, some will make even bigger profits in the process others will get recked and we have the HODLers that will hodl through any weather until the target is met. This will always happen and I don't believe it will change. 
slaman29
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May 20, 2021, 08:47:55 AM
 #28

Founder and CEO of Aerospace Michael Saylor tweets that the companies he controls have purchased a total of 111,000 BTC without selling any satoshi, only hard hodl. Smiley

He doesn't need to say it, but nice he did. He's a BTC maximalist anyway and not a speculator so we all know he's storing his company's value in BTC and believes in it long term.

Eventually the market will display the truth. Speculators sell and we get the real market value which is what we have today.

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traderethereum
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May 20, 2021, 12:46:57 PM
 #29

Now the main thing is not to panic, but the panic still continues and this only worsens the situation.
Panic will attack people who can not be patient with the current market and they do not want to learn why and how it could be.
If they can have more information about what will happen to the market, even if the market crash like today, they will not panic and can calm down while seeing their opportunity to buy back more.
People involved in bitcoin from a long time ago will not panic because they know that this current situation will always happen to the bitcoin market and they will not complain or sad to see the price is down.
They will use this time to buy more bitcoin as they will think that this is the best time to buy bitcoin at a low price.
Gamerholic
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May 20, 2021, 06:33:46 PM
 #30

I think that only newbies who have come to the market within the last 6-12 months behave this way. These are the people who do not know the history and do not know about the events of 2017. Those who have been on the market for a long time and did not give up before, but, on the contrary, picked up everything at a low price should be in profit even now after the "black Wednesday" that was yesterday. So it's just hamsters that come and go, and the strong old community is still there.

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May 20, 2021, 10:46:39 PM
 #31

Yes, many behave exactly as if such price drops had never happened. This is just a banal panic and the lack of a balanced strategy, which in turn leads people to a stupor. Many have left the market, many have lost their deposits, but a few days will pass, fear of the market will go away and everything will start anew - the market will grow until another inexplicable and unexpected fall. This is a crypto-world, these rules were not invented by us, but it is necessary to learn to "play" according to them.
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May 20, 2021, 11:51:30 PM
 #32

This is the worst dip we’ve seen yet this cycle, but we’ve seen lots worse in previous cycles and bitcoin still came back to rally when the time came. Be patient. one bad thing happens and everyone seems to forget the long game. This is exactly how they want you to react so they can have your bitcoin.
For people who had just joined this market then they are the ones who would really mainly react with this price movement but for those who had been on this market for years
then these situations wont really giving us out some shocked but rather seeing the positive side of things where we can buy cheaper coins because its anticipated that nothing
do last forever on having that single path of movement which is uprising on where there would always be the probability of correction or dip in price.
For new people out there then this is just a typical movement and nothing is something new with this.

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