Another Horrible day in History of Bitcoin

[BTC_Mouse]

After 13 March 2020, This is Another Horrible Day In History Of Bitcoin

THE DAY I CAN'T FORGET
19 - May -2021
The Black Wednesday

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[xonar2]

Depends on who you ask. I bought more after noticing it had gone below 40k.

Long term holdings took a hit, can't deny that, but those bumps come and go.

[Sirait]

After 13 March 2020, This is Another Horrible Day In History Of Bitcoin

THE DAY I CAN'T FORGET
19 - May -2021
The Black Wednesday

^ once a year the crypto market surely experience heavily bearish and today is the moment. everything will definitely return to normal and the panic that occurs will end, so don't sell your bitcoins, keep holding on.

[AGD]

Oh. You are new in the game...

Just delete this topic, sit back, relax and zoom out.

[wack slacker]

This could be the best drop of the year as Bitcoin has hit the last support of the same $30k-32k. I think after today Bitcoin will continue to recover and increase in value. Hedge funds have bought into Bitcoin in bulk at a higher price, and it is they who lead the market. They will never let their investment lose so easily so buy and hold with confidence.

[dothebeats]

People are certainly distraught with the current downtrend bitcoin is experiencing. It all started with Tesla's decision to no longer accept bitcoin as a payment method for their EVs and it all went south from there. Despite this, some huge companies are still acquiring bitcoin since they are still in profit, and they are planning to hold long term unlike most of those people who only came into crypto recently because of the hype it generated on different social media platforms.

I'll be waiting for more drops, though, as I have sold on $57k due to a hunch. There's simply no way it can sustain continuous growth for more than a year without any corrections along the way. It just isn't really right IMO.

[thegoatiest]

Yehp Elon created FUD, Whales used the fear sentiment to dump the market and fill their bags.

Just like last year the whales used the fear around Covid-19 to dump and fill their bags.

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I'm just so angry coinbase screwed me and didn't let me buy the dip.

[iamsheikhadil]

It's very subjective bro, for you it can be a very bad day, but for the ones who have invested and holding it for a long time, it's just another test of their patience and not at all a bad day, rather a good day because all of them are in profit, and there are many who waited for this dip to buy more so there's that as well, just hold onto your coins, in a dynamic and volatile market, makes no sense to be depressed/saddened by a temporary loss.

[odolvlobo]

It might have been a bad day for the speculators and the gamblers, but it had absolutely no impact on Bitcoin.

[aoluain]

Yehp Elon created FUD, Whales used the fear sentiment to dump the market and fill their bags.

Just like last year the whales used the fear around Covid-19 to dump and fill their bags.

---
I'm just so angry coinbase screwed me and didn't let me buy the dip.

I love a good conspiracy theory!

There was definitely a concerted effort to get the price down to $30k.
I recon there were a lot of short sellers pushing the price down, we are
getting a pump now to kill the shorts! in the space of a few hours we
saw $30,000 rocket to $42,000.

A lot of people got wrecked.....and a lot of people got pumped!

[avikz]

After 13 March 2020, This is Another Horrible Day In History Of Bitcoin

THE DAY I CAN'T FORGET
19 - May -2021
The Black Wednesday

There will be many conspiracy theories we will come to hear shortly. A lot of analysis will be started for such a dip. It's indeed bad, no doubt about it. But look at the sunny side of it. Now it's your time to buy more bitcoin.

Remember the trend,

22k to 3k and then 3k to 60k happened in less than 5 years.

Another chance to become a millionaire if you have missed the previous one.

[Kabul]

It is familiar with many people here because they are all bitcoin veteran. In the past, there were many crashes making people lose their money and left them with pain and sorrow. Though, bitcoin does not cease to exist but becomes even stronger by making new ATH.

Do not worry my friend. Bitcoin will recover and back to $50000

[Coojhb]

I am one of those who is regretting selling my BTC when it went down to 33. Now screen infront of me saying it's back to 40k. Those who have the nerves to see market in red are winners in trading.

[franky1]

some people cry 'crash'

smart people applaud 'discount buy day'

..anyone crying at $54k that they missed the chance to buy in cheap. should be buying in now and take the oppertunity.

i have hoarded for years and even im not upset. instead i found some spare fiat and bought more.
i dont need more. but even a 30%+ discount cant be ignored

[Hobo66]

If this bump is due to mass buy stop orders being triggered at 30K is something like that sustainable? If the market was already trending downwards this entire past week wouldn’t that mean that these buyers will sell-off slowly and evidently continue the downtrend?

[wxa7115]

After 13 March 2020, This is Another Horrible Day In History Of Bitcoin

THE DAY I CAN'T FORGET
19 - May -2021
The Black Wednesday

Most whales are probably extremely happy for what it is happening, it seemed that we have left the 40k level for good and now we are back below it so while this can be bad for small investors like us it is great new for whales looking to enter the market at reasonable prices once again.

Now it is debatable how long this is going to last, the altcoin market is responsible for this drop and bitcoin is going down because of it, but give it enough time and bitcoin will recover and leave altcoins on the dust again proving once again that when it some to this market investing in bitcoin is most of the time the only correct choice.

[Sterbens]

Every event that is considered terrible, there is always a golden opportunity for others to take advantage of this kind of condition. I know this is very unexpected. because all traders and investors are still not satisfied with the increase in Bitcoin. but this is already one of the patterns that Bitcoin needs.
no matter the issue currently being discussed outside of the crash of Bitcoin. because in 2018 they had speculated. but in fact we can grow back quickly.

[Republikcoin.com]

There is no point discussing and remembering this sad moment. I really don't want to check the market conditions lately because it will only add to the pressure and emotions that make panic even more intense. Right now I prefer to discuss hobbies and also watch movies on Netflix which of course relaxes my heart, so my mind will remain calm.
This is the time to enjoy a little of our results so far, and wait for the right moment to see the further excitement regarding the Bitcoin price returning to normal.

[$crypto$]

After 13 March 2020, This is Another Horrible Day In History Of Bitcoin

THE DAY I CAN'T FORGET
19 - May -2021
The Black Wednesday

There will be many conspiracy theories we will come to hear shortly. A lot of analysis will be started for such a dip. It's indeed bad, no doubt about it. But look at the sunny side of it. Now it's your time to buy more bitcoin.

Remember the trend,

22k to 3k and then 3k to 60k happened in less than 5 years.

Another chance to become a millionaire if you have missed the previous one.

Well there are many theories that continue to emerge in the crypto market that make the market fluctuate in red, some say the bullrun is over and a bear market has arrived that will destroy the market, some say this is Elon Musk who makes bitcoin hate some are not so we have to be able to conclude which one is the right one at a time like this.

Bitcoin changes anytime with fast fluctuations, even with only months, it can skyrocket and also go down, that's what you have to be prepared at your own risk.
If you have high confidence that bitcoin will remain stable, it will be right now when the market hits buy as much bitcoin as possible.
Millionaires can wait for you.

[adzino]

After 13 March 2020, This is Another Horrible Day In History Of Bitcoin

THE DAY I CAN'T FORGET
19 - May -2021
The Black Wednesday

Sounds like you are panicking. Get used to it. Most of us are. No need to keep track of those "horrible day" in the history of bitcoin. Those days will keep on coming. What was the best thing people could have done back on 13th March 2020? Invest. Those who took the opportunity of the dip, and held for almost a year, already made a lot of profit. Those who haven't sold anything, they can still make a profit selling now (but why would they?). Think of this dip as an opportunity. Take advantage of it. Invest, forget and relax.