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Author Topic: This isn't the first time the dip has happened  (Read 817 times)
Karish2return
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May 23, 2021, 09:39:59 AM
 #81

Yes off course I have seen it first time in my life .
.. thats why it is going down and down.... I think it should be for some time then after it will come back to its original position... This is my opinion but I don't even think about others...

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May 23, 2021, 10:18:43 AM
 #82

It's time to hold back, don't panic when prices go down, make sure all of this will recover to normal, many panic and sell their assets at times like this but they will regret it when they see the market has started to recover like my experience in 2018, I don't want that bad experience to repeat itself.

If we panic to see the Bitcoin price fall deep enough right now, it will only hurt us. Because Bitcoin prices have often fallen, even the worst happened
in 2018, but in the end Bitcoin always managed to recover again. That's right, don't let our bad experiences in 2018 happen again, we must be able
to learn from every experience we have experienced. The best step we have to do now is that we have to HODL our Bitcoin until the price recovers
and that does require patience.

Keep buying while the price still cheap and never to look for short term goal it will really hurt your investment

if you don't have the right management of your asset, those who managed to buy last year and wait after this

year are good example of patience being used and rewarded by huge amount of profits.
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May 23, 2021, 10:29:01 AM
 #83

It's time to hold back, don't panic when prices go down, make sure all of this will recover to normal, many panic and sell their assets at times like this but they will regret it when they see the market has started to recover like my experience in 2018, I don't want that bad experience to repeat itself.

If we panic to see the Bitcoin price fall deep enough right now, it will only hurt us. Because Bitcoin prices have often fallen, even the worst happened
in 2018, but in the end Bitcoin always managed to recover again. That's right, don't let our bad experiences in 2018 happen again, we must be able
to learn from every experience we have experienced. The best step we have to do now is that we have to HODL our Bitcoin until the price recovers
and that does require patience.

Keep buying while the price still cheap and never to look for short term goal it will really hurt your investment

if you don't have the right management of your asset, those who managed to buy last year and wait after this

year are good example of patience being used and rewarded by huge amount of profits.


People usually do not buy it at this time because they think it is a speculative asset. Many think about the bitcoin bubble and they conclude that there is no point to keep bitcoin for a long time. However, that is not true. Bitcoin still has great potential and it can grow further in the future.
Meanwhile, many bitcoiners realize that although the bitcoin price will go down temporarily, they know that the potential is still quite big for the future. Many investors are now looking for long-term investment opportunities in Bitcoin, and it's not a bad idea to get in right now as there's still a lot of room for it to grow.

R


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May 23, 2021, 10:30:56 AM
 #84

I bought it at the dip,my belief now is just buy and hold
i believe years later,it will be a staggering price
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May 23, 2021, 12:47:51 PM
 #85

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

Exactly, holding your BTC is the best thing to do for now and just add more whenever massive or small dips happened. Only people who're still new on how investment in cryptocurrency works panic sell and exaggerate things. If you're into a long-term goal then massive dips don't really matter at all since we're looking forward to its value in the future.

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May 23, 2021, 12:48:57 PM
 #86

But what you said is perfectly correct, If you are not ready for this kind of situation then you are investing in the wrong place..This is Volatile market and weak hands does not belong here.

the price reached $60,000 thanks to the twitter of elon musk and now the price has dropped to $35000 thanks to the twitter of elon musk, there is no way for people not to panic and sell bitcoin when they realize that there is a man who can when he wants make the price go up a lot and then make the price go down a lot, anyone panics and sells. what is happening in that market is something abnormal and dangerous. I lost $80 in a few minutes


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May 23, 2021, 12:49:10 PM
 #87

This is not the first time there has been a decline in bitcoin, that's for sure so for all of us bitcoin lovers, don't panic, bro, it's just a matter of time, bro, because last year there was the same problem. ..
so this is the time for us to collect bitcoins ..

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May 23, 2021, 07:57:17 PM
 #88

The crypto market, in particular, must be steady or it would rise and fall. Pump dumps occur often in the economy, there is no need to be concerned. The reason for the decline is that the market will rise again. This is an excellent chance to hang on to large profits in the market as a result of the negative impact, many vendors are selling their currencies for which the rates have begun to decline.
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May 23, 2021, 08:48:53 PM
 #89

Thanks for posting this. I started buying bitcoin around it's highest point, so I'm feeling pretty silly now.

I definitely intend to HODL. I truly believe bitcoin is my best shot to be able to own a house without the bank owning me until I'm dead.
If you are trying or going to stay hodl, it is not so stupid, rest assured do the right thing, it is your money. We are in this life to make decisions and those that have to do with bitcoin are always special, regardless of the result they are a great experience.

Regarding your expectations,  you are  +18, we must know what we do, just inform yourself well the high expectations with bitcoin are usually medium term, but even the term "medium term" is uncertain because for me they are like 10 years for others it is a month and for some it is only days, so do your plan of action well.

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May 23, 2021, 09:09:12 PM
 #90

~
If we panic to see the Bitcoin price fall deep enough right now, it will only hurt us. Because Bitcoin prices have often fallen, even the worst happened
in 2018, but in the end Bitcoin always managed to recover again. That's right, don't let our bad experiences in 2018 happen again, we must be able
to learn from every experience we have experienced. The best step we have to do now is that we have to HODL our Bitcoin until the price recovers
and that does require patience.
Keep buying while the price still cheap and never to look for short term goal it will really hurt your investment

if you don't have the right management of your asset, those who managed to buy last year and wait after this

year are good example of patience being used and rewarded by huge amount of profits.

In situation right now, it is better to buy Bitcoin than to sell Bitcoin, because Bitcoin is a very good asset in the long term. We ourselves must
ultimately have the courage to make decisions, if our decisions are right, such as when buying Bitcoin at a low price, then can patiently HODL
Bitcoin until the price goes up. Then it will indeed be able to get a large amount of profit, so right now our trust in Bitcoin is being tested.

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May 23, 2021, 10:24:05 PM
 #91

In situation right now, it is better to buy Bitcoin than to sell Bitcoin, because Bitcoin is a very good asset in the long term. We ourselves must
ultimately have the courage to make decisions, if our decisions are right, such as when buying Bitcoin at a low price, then can patiently HODL
Bitcoin until the price goes up. Then it will indeed be able to get a large amount of profit, so right now our trust in Bitcoin is being tested.
buying bitcoin for now is indeed the right time, but it should be noted that currently the crypto market price is crashing, pay attention and wait until the price will drop so you can get a deep price. Having a reserve fund at this time would be very good.
to enter into altcoins is still very risky.
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May 23, 2021, 10:42:30 PM
 #92

In situation right now, it is better to buy Bitcoin than to sell Bitcoin, because Bitcoin is a very good asset in the long term. We ourselves must
ultimately have the courage to make decisions, if our decisions are right, such as when buying Bitcoin at a low price, then can patiently HODL
Bitcoin until the price goes up. Then it will indeed be able to get a large amount of profit, so right now our trust in Bitcoin is being tested.
buying bitcoin for now is indeed the right time, but it should be noted that currently the crypto market price is crashing, pay attention and wait until the price will drop so you can get a deep price. Having a reserve fund at this time would be very good.
to enter into altcoins is still very risky.
If you think that bitcoin price is already in its dip, then start buying now. You will gradually be making profits in the future if you hold it for long term. With altcoins, i think there's always a high risk in choosing altcoins to buy right now because we know   exactly that altcoins even if its still in bullish season, since the fundamentals is not that strong so there are high chances that its prices will suddenly drop particularly if we end up buying shitcoins. So make sure to DYOR everything before  taking buying decisions.

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May 23, 2021, 11:01:45 PM
 #93

pero es un problema que elon mask sea capas de mover el precio, no les parece?
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May 23, 2021, 11:20:13 PM
 #94

People aren't used to being stunned in these types of circumstances. smirk It is understandable for newcomers to be taken aback. However, it's odd that the older kids haven't gotten used to it yet. Instead of panicking, see this as an incentive to buy low-cost coins in the market and prosper as the market begins to rebound.

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Hamphser
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May 23, 2021, 11:36:22 PM
 #95

People aren't used to being stunned in these types of circumstances. smirk It is understandable for newcomers to be taken aback. However, it's odd that the older kids haven't gotten used to it yet. Instead of panicking, see this as an incentive to buy low-cost coins in the market and prosper as the market begins to rebound.
When they do deal into this market then they should really be getting used to it because these movements are just typical or ordinary days here on crypto market.

Normal reaction for someone who had just recently get in into this market but as they gain experience and awareness then this one wont really be bothering you anymore

but there are really instances where crashes could really put you into that unease feeling which is unavoidable but due to experience you can handle it.

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May 23, 2021, 11:41:59 PM
 #96

It's time to hold back, don't panic when prices go down, make sure all of this will recover to normal, many panic and sell their assets at times like this but they will regret it when they see the market has started to recover like my experience in 2018, I don't want that bad experience to repeat itself.
If you can afford to get nothing for how many years of holding, then continue to hold but for us who wants profit and given the chance already, I take this anyway. I sell not because I was in panic or like to say I was a weak hand, not it is not. There is another reason why people did this because, for me, I only take the opportunity where I can make a profit which is that will be our goal, we can't deny that right?
If you are not selling, that was your choice but you can't stop people from doing what they think is right.

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May 24, 2021, 09:27:27 AM
 #97

Most of us were here when the correction of 2018 happened so we already have knowledge on how to react and what to do when these kinds of corrections happen. I don't want to call it a crash or decline, for me this is totally normal reaction of the market. People like billionaires and celebrities have been hyping the coins too much that the market reacted when the price has been too much high and then the same people starts throwing crap to Bitcoin and cryptocurrency in general. Chill people, this is not over yet.

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May 24, 2021, 10:00:25 AM
 #98

This isn't the first time. Exactly. Then why are people still panicking?
because this concerns their money and you can't blame them. One at a time people realizes but until all realized that there will still panicking that happen time after time so be mind of that.
Old users were very calm, and some half-knowledgeable users began to panic. We must be firm and believe in our convictions.
Wish all users are Old users but it is not, there are many that enters every now and then and their beliefs are far different from oldies .









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May 24, 2021, 10:39:11 AM
 #99

But what you said is perfectly correct, If you are not ready for this kind of situation then you are investing in the wrong place..This is Volatile market and weak hands does not belong here.

the price reached $60,000 thanks to the twitter of elon musk and now the price has dropped to $35000 thanks to the twitter of elon musk, there is no way for people not to panic and sell bitcoin when they realize that there is a man who can when he wants make the price go up a lot and then make the price go down a lot, anyone panics and sells. what is happening in that market is something abnormal and dangerous. I lost $80 in a few minutes


Since Elon first experimented on Dogecoin, he had a better understanding of how to manipulate the price of Bitcoin with his tweets to his benefit. Come to think of it, I would probably have done the same if I were in his position...

No, I wouldn't do that! The crypto community is too important to me to take part in such a thing.  Wink

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May 24, 2021, 01:47:45 PM
 #100

Like you claim, this is not the first time dip happens but this is actually the first time it will be as a result of one man's claim who actually believed and later said otherwise and the effect of the tweet will be as enormous as what we are experiencing now. Things like this cannot be far-fetched just waiting for the outcome of all this on him.

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