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Author Topic: A moment of silence please.  (Read 305 times)
Vaculin (OP)
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May 19, 2021, 01:08:17 PM
Merited by OgNasty (1)
 #1

Bitcoin is always bitcoin, it's very unpredictable, now, in just a span of one day, who would have thought that we are going down below $30k.

As of this writing, the price is $33k.. and more dump to come.

Would you still hold or can you still hold guys?
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May 19, 2021, 01:39:16 PM
 #2

Yeah, I can still hodl, keep the prices going low, I want to buy a lot of bitcoin a really low price, this is just another pullback that will launch bitcoin into a new heights, just hodl.
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May 19, 2021, 01:57:49 PM
 #3

Bitcoin is always bitcoin, it's very unpredictable, now, in just a span of one day, who would have thought that we are going down below $30k.

As of this writing, the price is $33k.. and more dump to come.

Would you still hold or can you still hold guys?

Nope I will not hold I secure my assets already and convert it to USDT then my next plan is to buy bitcoin at the dip, I'm just monitoring the market to find a better good spot to enter and also I will explote the alt markets since there are so many cheap coins has been there.

Hopefully we will not surpass the 20k price drop since its so painful to see on how the market goes today.

R


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May 19, 2021, 02:01:32 PM
 #4

I'm crying right now literally, all my profit are gone now but I know this is just temporary. Hopefully, $30k is the bottom already so we can end this day at least on a good bounce. I'm expecting a correction but not like this, in just one day it almost burned out my portfolio and liquidated my positions already, too bad to those who bought at the peak price, just keep holding for now.
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May 19, 2021, 02:06:24 PM
 #5

I have been through worse of times with Bitcoin. I did not leave Bitcoin when the price came down from around $20,000 to just less than $4,000. Why would I leave now when the price is still very high at $36,000?

And why are we talking of whether we can still hodl or not? Are we going to decide to sell or not this time because the price has already lost almost half of its value? If we are to consider getting out from hodling, it should have been decided when the price was $64,000 and not when the price has already fallen to $36,000?

Are we becoming the sheep now?
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May 19, 2021, 02:21:10 PM
 #6

I'll not sell my holdings yet, the price is too low and people are still panicking because of the fresh negative news, hopefully Tomorrow will be a green day again. I'd better take some rest for now, don't look at the market every minute and enjoy with yourself for now, the market will recover again just like before so don't be sad, you can also create your next move either to buy more or just hold, just don't feel too depressed and stay focus.

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May 19, 2021, 02:31:00 PM
 #7

If I keep holding there is nothing to lose, besides seeing my funds negative for a while, otherwise if I sell, I may be losing the opportunity to see bitcoin hitting a new ATH and giving this opportunity to the institutional investors, who already rule the world through their financial power. It means if I sell bitcoin I'm giving more power to these people enslave me.
Comparing the disadvantages and advantages of selling bitcoin right now or not, I definitely reach to the conclusion I shouldn't sell anything, except the amount needed to pay for daily expenses, as usual, that must be converted to fiat first.

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May 19, 2021, 05:18:51 PM
Last edit: June 12, 2023, 01:17:54 AM by STT
 #8

I already decided against the sell at higher prices, it was only ever the average price over time that really counts in that context outside of quick trades.   So 200 day average is still rising, long term I dont think its especially altered except to lose the froth which is alarming to some but I did think we returned to averages so here we are.

Staying above the 200 day average would be surprisingly bullish because the volume seems to suggest lower, but seems feasible we now surprise to the upside.   I do think it'll wander back and forth anyhow.



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May 19, 2021, 06:20:31 PM
 #9

Bitcoin is always bitcoin, it's very unpredictable, now, in just a span of one day, who would have thought that we are going down below $30k.

As of this writing, the price is $33k.. and more dump to come.

Would you still hold or can you still hold guys?


Yup I never would have guessed we'd see $30k again. But that looks to be the big "moment of most pain" bottom. Strong rejection and bounce occurred there. Panic sellers had their day and crashed the price. No I think we'll see the market gradually turn more bullish again after the past 3 months of sideways and finally a crash. Feels like the market has cleared the apprehensive air about going down now and we've seen the bottom. $30k-$60k next few months and then onward to $100k by end of year!
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May 19, 2021, 07:54:35 PM
 #10

Bitcoin is always bitcoin, it's very unpredictable, now, in just a span of one day, who would have thought that we are going down below $30k.

As of this writing, the price is $33k.. and more dump to come.

Would you still hold or can you still hold guys?
Waiting for another support and im considering to buy cheaper coins and you are right that this is just the typical bitcoin volatility on where there are times like these but surprisingly
there are still people who get  surprised on whats currently happening and soon theyll realize that this is just a normal day in crypto.Why they cant just see this as an opportunity
to buy cheaper rather than on panic selling? Good for those who do able to get out while its still on peak but this is actually not an issue for those hodlers out there.

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May 19, 2021, 09:33:06 PM
 #11

Would you still hold or can you still hold guys?
An easy question. There's no reason for me to dump, I've been happy that I've managed to hold and waiting for this dip to come because it has to happen. I can still hold, I've even held when it was at the cheapest and hardest year for me which was the 2018.
That's why this question and the price that we're seeing today, that's just another experience to gain which will allow us to have that feeling that it's no longer the same pain as before that we've all endured.

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May 19, 2021, 09:37:51 PM
 #12

Whales are buying big time now and its good that we easily bounce back from $30k to $39k, at least we know that whales are still catching Bitcoin on its dumped price and saw on twitter Justin Sun and Michael Saylor are adding more numbers into their bags. I’m not that panicking at all because I know this is going to happen, and I choose to hold more and bought some at a cheaper price.  Smiley
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May 19, 2021, 10:35:18 PM
 #13

Its definitely a time to buy!

For the people who were worrying about how little Bitcoin they could buy when
the value was $64,000, you can buy almost twice the amount now!

Any Bitcoiner involved since at least 2017 know the value of HODL and Buying Dips
at times like these.

Its always the same when Bitcoin corrects massively, there are many threads
asking what is and what will happen.

R


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May 19, 2021, 11:23:19 PM
 #14

Its definitely a time to buy!

Definitely!
Im already having some saved funds which are intended for this kind of situation in the market where there's some correction and now is the time to buy.
Instead on panicking then better to look into the brighter side which this is an opportunity for you to take on getting some coins because market is always
been like this.It might be on greens today but on the next day or next minute it could really be on the red side.
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May 19, 2021, 11:26:30 PM
 #15

Damn, missed the 50% off sale on Bitcoin today. I really should set up an exchange account....
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May 19, 2021, 11:43:35 PM
 #16

Hold hold hold and buy more !

I really can't understand selling, unless maybe you were just getting into it and bought at the top ? But then you're losing your shirt.

Trade with a small part of your stash and fiat, why not, but most of your stash you should hold or you're never going to benefit. And trading is risky so you might end up with nothing.
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May 20, 2021, 03:25:05 AM
 #17

Damn, missed the 50% off sale on Bitcoin today.
This. We should treat the dump as an off sale, Bitcoin just fetches those people who are not yet aboard the train.
And flushed out shitcoins that started to show up recently, especially those animal coins. Look how shitcoins devastated on the dip of Bitcoin and how it bounce, shitcoins will have difficulty to bounce or it will totally starting to vanish and will be dead.

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May 20, 2021, 04:44:33 AM
 #18

Bitcoin is always bitcoin, it's very unpredictable, now, in just a span of one day, who would have thought that we are going down below $30k.

As of this writing, the price is $33k.. and more dump to come.

Would you still hold or can you still hold guys?
we need to hold no matter what because that's the good thing to do on this kind of situation.. Indeed bitcoin isn't dying wherein it just keep decreasing constantly because of panic selling,  so if we ride such way as well and assuming its a good decision, no its not honestly.. because for that reason bitcoin will end up to a very low price and we cannot regain all of our loses. Just imagine how it react after day or two because of panic selling..so we should stay calm despite of the situation.. It will recover soon let's just keep our fingers crossed..
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May 20, 2021, 11:32:27 AM
 #19

I think the lowest was $30k.. so have you made a purchase guys? because if you do, you make easy money as bitcoin is already back at $40k now, and that is even in less than 24 hours, easy money for those who did not panic, but a bad move for the newbies who sold due to panic.

Expect that we will see more of these in the future, it's not new to us.
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May 20, 2021, 11:46:59 AM
 #20

So true. I never predicted bitcoin. But I have been intending to buy bitcoin and will sell it within 5 years. Currently I have held bitcoin for more than 2 years. In the next 3 years I will sell it no matter what. It may seem strange, but this is the way I believe it.
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