Another Horrible day in History of Bitcoin

[Slow death]

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

today (May 28) the bitcoin price has also dropped a lot and the most annoying part is that binance is always slow when the price drops so much that even my stop - loss was not triggered and once again I lost money, now I have to but once you run behind the losses, it is impressive that binance has this problem and they are unable to fix it

You will be surprise those people will not buy a single sat, rather they spend time worrying about the dip instead of taking advantage of it, the next time btc price surge and hit new ath, they will appear with same old question "is it too late to buy in"...

there are people who are in that market who never bought a single satoshi. I like to buy bitcoin, whenever I can sell something in the real world and buy bitcoin

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[ropyu1978]

every year we will definitely experience panic, because in a year there will be a decline in certain months, for example, last month bitcoin dropped drastically, causing some bitcoin users to panic, but the decline in bitcoin every year will always be there, we don't need to panic, because bitcoin will back to normal ,, because the performance of bitcoins after red will definitely turn green ..

[imstillthebest]

It was a great day if you look on it from the other side. Do you think you'll get another chance to buy BTC with price so low?

That's the right way of thinking, finding the positives of negative situations, I do wish that the prices go down a bit more because I plan to buy a lot of bitcoin in the next coming month and I want to get the biggest amount there is when I buy bitcoin.

there are still other times to buy btc at cheaps if this time of the bear you cant score more  because of limited budget and price wont go low further .
the massive dump could be horrible for op and for the people that have the same strat as him ,
strat that no longer buy but will depend on pure holding only . we also need to understand them not only our selves .

[MCobian]

every year we will definitely experience panic, because in a year there will be a decline in certain months, for example, last month bitcoin dropped drastically, causing some bitcoin users to panic, but the decline in bitcoin every year will always be there, we don't need to panic, because bitcoin will back to normal ,, because the performance of bitcoins after red will definitely turn green ..

Bitcoin will not always go up in price, there are times when Bitcoin has to go down in price quite deeply, that is normal for Bitcoin. The most important
thing is what attitude should we take when the Bitcoin price falls deep enough, we really have to be able to control our emotions. In order not to
panic easily, because if we panic it can cause bad things for ourselves. As you said, if we can be patient, the Bitcoin price will recover and return
to its best performance.

[onecall123]

every year we will definitely experience panic, because in a year there will be a decline in certain months, for example, last month bitcoin dropped drastically, causing some bitcoin users to panic, but the decline in bitcoin every year will always be there, we don't need to panic, because bitcoin will back to normal ,, because the performance of bitcoins after red will definitely turn green ..

Bitcoin will not always go up in price, there are times when Bitcoin has to go down in price quite deeply, that is normal for Bitcoin. The most important
thing is what attitude should we take when the Bitcoin price falls deep enough, we really have to be able to control our emotions. In order not to
panic easily, because if we panic it can cause bad things for ourselves. As you said, if we can be patient, the Bitcoin price will recover and return
to its best performance.

In bearish scenario you are temped to panic sell, that is somewhat typical. In any case, never go by feeling and let your emotions control you when investing in Bitcoin. Instruct yourself the best you can on chart TA. Its weekend but there already a bunch of bets waiting for it. Its not gonna dip hard its just the end of the month this dip is normal. It will bounce around.

[iTradeChips]

every year we will definitely experience panic, because in a year there will be a decline in certain months, for example, last month bitcoin dropped drastically, causing some bitcoin users to panic, but the decline in bitcoin every year will always be there, we don't need to panic, because bitcoin will back to normal ,, because the performance of bitcoins after red will definitely turn green ..

Bitcoin will not always go up in price, there are times when Bitcoin has to go down in price quite deeply, that is normal for Bitcoin. The most important
thing is what attitude should we take when the Bitcoin price falls deep enough, we really have to be able to control our emotions. In order not to
panic easily, because if we panic it can cause bad things for ourselves. As you said, if we can be patient, the Bitcoin price will recover and return
to its best performance.

In bearish scenario you are temped to panic sell, that is somewhat typical. In any case, never go by feeling and let your emotions control you when investing in Bitcoin. Instruct yourself the best you can on chart TA. Its weekend but there already a bunch of bets waiting for it. Its not gonna dip hard its just the end of the month this dip is normal. It will bounce around.

Those people panicking were called "Weak hands", right? If somebody panics and did not use their head and simply used their emotions especially Fear, then all is lost with them and they won't be able to give sound and well thought decisions in a scenario such as a correction. Well right now I do not see many people who are into crypto panicking that much. Just simply be wary of the happenings in the top coins and make sure that you will be able to sell your coin at the right moment.

[Freezingel]

Why is it a horrible day in bitcoin history? the price decline is not that much though, and the price is still quite high. It's not like bitcoin crash or something right? Moreover in other perspective it can be seen as a good day for some people, especially those who want to buy bitcoin but can't afford it due to the expensive price, with this they can buy bitcoin with a lot cheaper price compared to before. Now the price already pump up again though, no need to worry and think that it is a bad day or anything.

[worle1bm]

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

You get panic when price dips = your loss

You take FUD seriously and all the conspiracies by the market whales = your loss

You behave like its first time we have seen crash or price dumps like in 2017 = your loss

You don't invest at these dips and cry afterwards like regretting not investing at $30k then $40k then $50k and similar and at ATH you feel we miss the boat then it's definitely your mistake and loss.

In all of the above statement those who get trap in any of the factor have lost more to the whales as they accumulate huge btc everytime we see a crash.This market cycle keeps on repeating with these types of thread creations.

[androyster]

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.

Correct.  And stop crying like little babies while you are at it.  Everyone knows BTC is volatile.  Just because you didn't cash out before it dropped isn't DOOMS DAY lol.  Hold on to it and it will go back up.  Then SELL if you can't see the long game.  Pathetic sheesh.

[Cappex]

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

You get panic when price dips = your loss

You take FUD seriously and all the conspiracies by the market whales = your loss

You behave like its first time we have seen crash or price dumps like in 2017 = your loss

You don't invest at these dips and cry afterwards like regretting not investing at $30k then $40k then $50k and similar and at ATH you feel we miss the boat then it's definitely your mistake and loss.

In all of the above statement those who get trap in any of the factor have lost more to the whales as they accumulate huge btc everytime we see a crash.This market cycle keeps on repeating with these types of thread creations.

exact and slowly but steadily the price of bitcoin over the years continues to increase, if you are not inclined to trade then HODL is the only solution and without checking the price daily.

[androyster]

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

You get panic when price dips = your loss

You take FUD seriously and all the conspiracies by the market whales = your loss

You behave like its first time we have seen crash or price dumps like in 2017 = your loss

You don't invest at these dips and cry afterwards like regretting not investing at $30k then $40k then $50k and similar and at ATH you feel we miss the boat then it's definitely your mistake and loss.

In all of the above statement those who get trap in any of the factor have lost more to the whales as they accumulate huge btc everytime we see a crash.This market cycle keeps on repeating with these types of thread creations.

exact and slowly but steadily the price of bitcoin over the years continues to increase, if you are not inclined to trade then HODL is the only solution and without checking the price daily.

EXACTLY CORRECT!  ooooh "the day I can't forget".... wa wa wa.

[the rise]

Are you new here? We've experienced this in 2018 even worse, I've even relaxed with what's going on right now, whether it's down or even flying, I'm just trying to be smarter about this moment. You should be able to be this lesson.

[Slow death]

We've experienced this in 2018 even worse, I've even relaxed with what's going on right now, whether it's down or even flying, I'm just trying to be smarter about this moment. You should be able to be this lesson.

when I see this price drop, I remember from 2017 to 2018 when the price increased a lot from  $900 to $20,000 and then dropped a lot from  $20,000 to $3100, at that time the panic was so great that many analysts were in despair and they make forecasts that the price would drop to $1000. now i'm seeing more pessimistic forecasts that the price will drop to $17,000... in the end when the price starts to fall it is inevitable that people in panic will start to appear and very pessimistic forecasts

[pixie85]

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.

I did the same

43 thousand was a significant low for bitcoin. I'm sure a year from now you'll be asking yourself why you did not see it and did not buy some bitcoins.

There can be more opportunities because there's nothing that could stop Bitcoin from falling to 20 thousand or something but everything below 40 is a great opportunity at this time.
It's funny that when Bitcoin was trading for 60 thousand most of you were thinking that you'd buy at 30 thousand if you had a chance and now when we're there you're scared. That's why most of you can never make money and never will.

[MCobian]

~

Bitcoin will not always go up in price, there are times when Bitcoin has to go down in price quite deeply, that is normal for Bitcoin. The most important
thing is what attitude should we take when the Bitcoin price falls deep enough, we really have to be able to control our emotions. In order not to
panic easily, because if we panic it can cause bad things for ourselves. As you said, if we can be patient, the Bitcoin price will recover and return
to its best performance.

In bearish scenario you are temped to panic sell, that is somewhat typical. In any case, never go by feeling and let your emotions control you when investing in Bitcoin. Instruct yourself the best you can on chart TA. Its weekend but there already a bunch of bets waiting for it. Its not gonna dip hard its just the end of the month this dip is normal. It will bounce around.

Those people panicking were called "Weak hands", right? If somebody panics and did not use their head and simply used their emotions especially Fear, then all is lost with them and they won't be able to give sound and well thought decisions in a scenario such as a correction. Well right now I do not see many people who are into crypto panicking that much. Just simply be wary of the happenings in the top coins and make sure that you will be able to sell your coin at the right moment.

People who panic when they see the market going down are usually called weak hands, and we shouldn't be weak hands. Because people are prone
to panic, they lack experience and knowledge in the world of crypto. If we have experience and knowledge, we can be calmer in facing any situation.
I agree with you, we really have to sell our Bitcoin at the right price, if possible in accordance with the target sell that we have already determined
from the start. The key to success, as I said, is to be patient when the market dumps, don't rush to sell the Bitcoin that we have. Do analysis
and research first, who knows in the near future the Bitcoin price will recover again.

[KeikoKitagawa18]

Why? Because the price drop below than $40k? If your thinking for short term then of course you think this is the horrible day. But for the people like me who want to hold bitcoin for long term this is verry good opportunity to buy bitcoin in this current price.

[sherryDEFI]

Please relax, folks, this is only a short-term correction. And, as a loyal Satoshi, I will not lose confidence in Bitcoin because of this decline, because I originally regarded it as a long-term investment method. , Not for short-term profit, so on the contrary, I think he will come back with his better appearance.

[molsewid]

Why? Because the price drop below than $40k? If your thinking for short term then of course you think this is the horrible day. But for the people like me who want to hold bitcoin for long term this is verry good opportunity to buy bitcoin in this current price.

Well it is not the worst price dropped happened in the history of bitcoin because if we will going to look back 3 years ago bitcoin market exchange rate at that time dropped to $3.7k from a almost $20000 ATH at that time. At that insanely dropped it teaches all of us the significance of trusting and hodling your asset while it is down because the true hodler of bitcoin at that time is literally gave himself a good return of investment. Now is just a test of time not just for crypto market but also to every traders and investors.

[raji1995naya]

It's a bad day for you, a good day for whales, and holders will have to wait a little longer. It's not a novel scenario in the crypto world. Remember, bitcoin has been around for almost a decade; how long do you think this phenomenon has existed in the crypto market since its inception? This quick loss can only be described as a poor day by weak hands and newcomers to crypto.

[tippytoes]

It's a bad day for you, a good day for whales, and holders will have to wait a little longer. It's not a novel scenario in the crypto world. Remember, bitcoin has been around for almost a decade; how long do you think this phenomenon has existed in the crypto market since its inception? This quick loss can only be described as a poor day by weak hands and newcomers to crypto.

It really depends on what perspectives you have during this crash. If you are a whale and believe that bitcoin has a good future, it is indeed a good time to accumulate more coins. Also, for those who are waiting for bitcoin to go down so they can buy more. But if you are just a small timer and you bought it above 50k and you put your life's savings on it, and wanting to cash out very soon, definitely, this is the bad day for you. But if you believe that the market will recover and you can wait, better hold your coins and just cash out when the market is going up again, or at least cut your losses if you are not ready in this market.