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Author Topic: This isn't the first time the dip has happened  (Read 817 times)
Twinkledoe
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May 20, 2021, 11:58:10 PM
 #41

In this market, dips are something everyone should experience. They need to see that this market is not just about ups and downs and coins that are constantly increasing in price. Investors who do not know these will have difficulty understanding this market. People who do not know this anyway think that the market is a fraud and withdraw from the market. In order for people to be informed, they have to experience and learn everything in this market. this is not a market where hearsay information is invested.

Even in the regular trading market, there will always be ups and downs. But with crypto, the ups and down is quite more drastic in nature. And it is true, for those that are new to this market and they haven't experienced this kind of up and down movement, they will have a different perspective on this market. And some will give up and leave as they can't keep up with the emotional ride that they will experience here.
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May 21, 2021, 05:59:53 PM
 #42

The price decline like this is not the first time, in fact it is not that bad. at the end of 2017, the decline in bitcoin was very bad, even the worst decline of bitcoin existed.

There is no need to panic about a bear market like this. It is time to buy and fill the bag with potential coins. panic will only do harm. if already bought at high price, just need to hold it.
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May 21, 2021, 06:04:45 PM
 #43

True, people are getting influenced by someone's tweet or words way too much. This is not the first time the dip has happened, and we should have learned from the previous incident, and do better this time. Why don't we put more trust into bitcoin and don't let those words make the market fall? No need to do another panic selling, we all know it will only lead to ruin. People should keep believing and hodl. Things will be better soon.

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May 21, 2021, 07:10:51 PM
 #44

Many people should understand it that such dips and corrections are required for bitcoin so it should be expected to happen every once in a while. Now, if you are being influenced by that guy's manipulations and spreading of FUD, you have all the freedom to sell all of your holdings. Bitcoin will soon bounce back and everything will return to normal, those who chose to hold may benefit and those who chose to panic sell will regret. The market will soon recover so the best option right now is to wait and be patient, stay faithful to bitcoin if you want the best in the future.
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May 21, 2021, 09:09:02 PM
 #45

As a matter of course, bitcoin price corrections create uncertainty for investors. There are those who love money and invest in bitcoin for money. others who believe in decentralization and the benefits that the future of decentralized finance brings.
Let's keep the idea that if we don't sell we don't lose. If we believe in decentralization we must maintain our goals towards the future of bitcoin. Bitcoin remains strong in the market with 42.3% dominance.

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May 21, 2021, 09:24:29 PM
 #46

Yeah, this is not the first time so far. However, during this bullish period, that was probably the biggest dip so far.
It will depend on us, there are holders and also traders. Everyone will have their own strategies and conditions. For holders with spot balances, it is no matter experiencing a dip market, only impact on the decreased value convert of the balance. However, for the daily traders, moreover, for future traders, it will give a very high impact by losing more and more money with this dip. Hopefully, this bullish era is not ended yet and the bearish is not coming yet.

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May 21, 2021, 09:38:06 PM
 #47

Yeah, this is not the first time so far. However, during this bullish period, that was probably the biggest dip so far.
It will depend on us, there are holders and also traders. Everyone will have their own strategies and conditions. For holders with spot balances, it is no matter experiencing a dip market, only impact on the decreased value convert of the balance. However, for the daily traders, moreover, for future traders, it will give a very high impact by losing more and more money with this dip. Hopefully, this bullish era is not ended yet and the bearish is not coming yet.

This is the situation on where people would have their own reactions and the plans that they had set out in times where crashes and dips do happen into this market.
It is true thatt this one is the most deepest correction so far for this year after on having a good bullish run that had started in last years and its anticipated
actually because we cant just see a market that would have continous rise and you would expect for those fuds and negative news or sentiments that
would just pop out and just trying to make the market wayback lower.So actions will vary into each of everyone.

R


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Twinkledoe
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May 21, 2021, 09:51:31 PM
 #48

Yeah, this is not the first time so far. However, during this bullish period, that was probably the biggest dip so far.
It will depend on us, there are holders and also traders. Everyone will have their own strategies and conditions. For holders with spot balances, it is no matter experiencing a dip market, only impact on the decreased value convert of the balance. However, for the daily traders, moreover, for future traders, it will give a very high impact by losing more and more money with this dip. Hopefully, this bullish era is not ended yet and the bearish is not coming yet.

This is the situation on where people would have their own reactions and the plans that they had set out in times where crashes and dips do happen into this market.
It is true thatt this one is the most deepest correction so far for this year after on having a good bullish run that had started in last years and its anticipated
actually because we cant just see a market that would have continous rise and you would expect for those fuds and negative news or sentiments that
would just pop out and just trying to make the market wayback lower.So actions will vary into each of everyone.

The reaction varies as it depends on how they invested their funds on this market. For example, if they bought btc at a higher price, definitely they are worried about what will happen next but for those that bought at a cheaper price, lower than the current price, they may be thinking of cashing out while they are still in profit or just wait a lil bit when the market is going up again. But for those that took loan, this is a terrible situation for them. The crash is always here in this market, but no one can warn you as no one has the crystal ball to know the future.
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May 21, 2021, 10:00:03 PM
 #49

People arent still experienced to be still in shocked on these kind of times.  Grin For new people then its understandable for them to get shocked

but for older ones then its odd that they arent still get used to it.Instead of panicking then better see this as an opportunity or chance to buy low price coins
in the market and make profits when it starts to recover.

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May 21, 2021, 10:07:28 PM
 #50

Many people should understand it that such dips and corrections are required for bitcoin so it should be expected to happen every once in a while. Now, if you are being influenced by that guy's manipulations and spreading of FUD, you have all the freedom to sell all of your holdings. Bitcoin will soon bounce back and everything will return to normal, those who chose to hold may benefit and those who chose to panic sell will regret. The market will soon recover so the best option right now is to wait and be patient, stay faithful to bitcoin if you want the best in the future.

I agree that in the current situation, where the price of Bitcoin drops deep enough, we have nothing to lose as long as we don't sell the Bitcoin we have.
Therefore why sell Bitcoin when the price is low like now, we better be patient waiting for the market to recover. It takes patience to face a falling market
like now, but if we are able to be patient, happiness will await us. Because usually the Bitcoin market recovers very quickly, so just be patient until
the Bitcoin market recovers.

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May 21, 2021, 11:09:38 PM
 #51

Although this is not the first time the dip market happening, many people panic about this situation. It is normal because this is during a bullish time. Many people think that the bullish trend has ended so suddenly and going to be a bearish market. Moreover, many coins or tokens experience more than -40%. This is a very deep dip and makes many people frustrated. Moreover, those who are playing at future trading.

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May 22, 2021, 04:33:53 AM
 #52

On 2013 Bitcoin dipped from $1000 to $250 but look now the price going up multiple times from it. Difficult to predict the bottomed of price Bitcoin currently, but for longterm holder now become the best decision to catch Bitcoin, because the price already down more than 50% from the top. Many factor will make the price of BTC keep rally in the future, even possible another 10x. Not only retail investor jump in to it but also more instutional looking in to Bitcoin as investment to beat inflation.

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May 22, 2021, 04:42:29 AM
 #53

Of course this isn't the first time bitcoin experience such situations wherein only greedy ppl will immediately dump because of that tweet or some sort of fuds around the internet not those smart hodler.. Actually this have been tested and only greedy ppl missed the real opportunity to make a massive profits because its the way how bitcoin bump after the dip. They don't know about that probably?
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May 22, 2021, 05:00:07 AM
 #54

Well, for some people it is their first time to experience such dip so you really can't blame them especially if they aren't informed or doesn't have any friend that have experienced on the past dips, they will likely be susceptible to panic.

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May 22, 2021, 07:35:13 AM
 #55

The market corrects whenever it reaches the point where people are buying and selling based on tweets. Those corrections didn't matter a year or two later. Bitcoin is bigger than any individual or corporation. How many posts have we made where we "should have bought" something for $200 or $1,000? Is it really $3000? a thousand dollars?
These dips don’t matter, either you believe in bitcoin long term or you don’t. And if you're going to sell anything based on one man's tweets, you might as well purchase something else.

HODL
I bought Bitcoin for the first time in 2017 not based on someone's tweet, I believe Bitcoin is the future...

following trends or fomo on social media is the wrong step, on average they will definitely lose and not profit. buy Bitcoin because you believe that it will make you profitable in the long run, and don't sell when you are in a bear market, just hold on.



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Rainbot
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May 22, 2021, 07:45:15 AM
 #56

Honestly I like the way market is moving right now. This is the beauty of it. You get many chances to enter the market if you miss the so called bull run train. I seriously advice those people who were cry babies when the market was ATH and they were not able to buy the crypto currencies, i mean not even the altcoins.

I hope they find it better opportunity rather than fearful shock that why crypto is dumping in grand way.  Tongue

I literally ignore the market when it is dumping itself because it has ability to recover no matter what.  Smiley
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May 22, 2021, 09:00:33 AM
 #57

Yes, mate no need to worry about that. I'm doing crypto-related jobs since 2018 and have experienced BTC around 3500$- 4000$. So I missed all the bull sessions. If you sell crypto please think twice to sell it. Surely it will be moon after some period if the project is good.
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May 22, 2021, 09:19:38 AM
 #58

Bitcoin is bigger than any individual or corporation.

I agree with you on this really much. Yeah, the market is highly manipulable and we've witnessed so many examples so far too. But Bitcoin is a strong cryptocurrency. It will recover from this fall also sooner or later.

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May 22, 2021, 09:52:58 AM
 #59

Yes this isn't the first and it wouldn't be the last we should appreciate it for real.
Because of this events I now really believe that happiness is a choice we could either be sad because of the price drop or be happy about it ,
It would all depends on how you would handle the situation so good luck to all of us and I hope you good luck during the dips.

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May 22, 2021, 09:56:57 AM
 #60

Yeah, this isn't the first time it happened and won't be the last. This market is highly volatile and we should always be ready to see big fluctuations. It may be due to a manipulation or a totally different factor.

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