Some words of encouragement during this market crash

[Lee_Mire]

The markets is looking horrible and I know some of you want to hear some fact based words of encouragement. Its hard to comprehend this at the moment. But we have not reached the top of this cycle yet. This looks a lot like 2013 when the market crashed half way through the cycle before continuing upwards. Just check the charts and compare it your self. Bitcoin bull markets end in fireworks not crabbing formations. If you are in then just hodl and do something productive until August. If you aren't in yet, then start DCA'ing. Peace.

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[herurist]

patience pays off, you don't have to worry about losses in today's bear market. we are the same as the old holders. If you are a holder then you are not alone. we are with you. there is always a rainbow after the rain, (there is always a bull market, after a bear market).
all run without breaking out of the cycle. be a holder and you will be a millionaire in the future. No success is achieved by instant means, you have to go through hard knocks.

[DannyHamilton]

The markets is looking horrible

Is it really though?

June 21, 2013:     $102
June 21, 2014:     $595    (An annual increase of 483%)
June 21, 2016:     $715    (An annual increase of 9.6%)
June 21, 2017:   $2,785   (An annual increase of 289.5%)
June 21, 2018:   $6,785   (An annual increase of 143.6%)
June 21, 2020:   $9,400   (An annual increase of 17.7%)
June 21, 2021:  $31,750  (An annual increase of 237.7%)


What part of that looks horrible?

[masterrex]

The markets is looking horrible and I know some of you want to hear some fact based words of encouragement. Its hard to comprehend this at the moment. But we have not reached the top of this cycle yet. This looks a lot like 2013 when the market crashed half way through the cycle before continuing upwards. Just check the charts and compare it your self. Bitcoin bull markets end in fireworks not crabbing formations. If you are in then just hodl and do something productive until August. If you aren't in yet, then start DCA'ing. Peace.

I think we are just paranoid, I believe that the market was still in a good shape, currently, the total market cap settled at $1.345 Trillion dollars see it guys the cap stay in a trillion and also have the $345 Billion buffer zone, and if we compare it during the 2018 market Cap it was 2 times more the size of the Cap in 2018 great crypto winter. that's why keep the faith and relax the best of things is yet to come.

[Axelseseclevz]

There is always light after the tunnel. What I mean is, everything has an end and everything will change. If the market now is red, after a couple of weeks it will turned to color green. Bearish market will end and we are going to welcome again the bull market. Hope that everyone will always be prepared. Now is the good time to buy and just wait the exact time to sell.

[arwin100]

The markets is looking horrible and I know some of you want to hear some fact based words of encouragement. Its hard to comprehend this at the moment. But we have not reached the top of this cycle yet. This looks a lot like 2013 when the market crashed half way through the cycle before continuing upwards. Just check the charts and compare it your self. Bitcoin bull markets end in fireworks not crabbing formations. If you are in then just hodl and do something productive until August. If you aren't in yet, then start DCA'ing. Peace.

I know its hard for people to take this market condition specially if they bought at the top, but don't lose hope guys since this incident really happen so for better decision to be made just forget your current holdings and try to let it sleep for many years or until bext halving came so that you will not lose and can recover in future.

[Sterbens]

You need to look back at the price of Bitcoin over the past year, and I believe that to say that Bitcoin is considered terrible today is an understatement at all. don't be paranoid and assume Bitcoin will fall again. we still feel that Bitcoin is fine. Regarding the decline, it is almost surprising, but this phenomenon is not the first time this has happened. In fact, the current decline is still quite reasonable.
no need to exaggerate, Bitcoin will recover in some time to come.

[lovesmayfamilis]

Throw away all your social media that are screaming about the beginning of a bear market. Subscribe to the MicroStrategy news channel. Today this is one of the companies that know what many do not know. She is constantly only increasing her Bitcoin holdings, and Michael Saylor has no disappointments with Bitcoin.

Do not read the negative, just leave Bitcoin for a long time, you will not be the loser.

[fiulpro]

Throw away all your social media that are screaming about the beginning of a bear market. Subscribe to the MicroStrategy news channel. Today this is one of the companies that know what many do not know. She is constantly only increasing her Bitcoin holdings, and Michael Saylor has no disappointments with Bitcoin.

Do not read the negative, just leave Bitcoin for a long time, you will not be the loser.

I do think that highs and lows are part of the game and if you are really willing to make a sacrifice and move forth , you need to hold for a long time and forget about the bear market for a while.

See if there was a price burst then ofcourse the people are going to sell which will indeed decrease the price for a while but if you're going to leave bitcoins for such small matters then you should test out your patience somewhere else.

The Volatility is actually beneficial! You can buy more at low and something that guided me though the low times was "you do not loose until you do not encash" which was indeed gold for me.

Do not worry much ! If it went down people will ofc buy, the change in the price might take time but it will happen eventually , even check the past year's success it will all add up ! Just hold.

[clint25n]

this is an investment, in every fall there will be a rise, we just need to wait and be patient for prices to stabilize. This is certainly a long process to return prices to their initial levels. stop bitcoin.hopefully the market price will return to normal

[ene1980]

Throw away all your social media that are screaming about the beginning of a bear market. Subscribe to the MicroStrategy news channel. Today this is one of the companies that know what many do not know. She is constantly only increasing her Bitcoin holdings, and Michael Saylor has no disappointments with Bitcoin.

The best option is not to celebrate anything because there will be a time when MicroStrategy will book their profit. Right now they are investing heavily but there will be a point where they will be booking their profit. The market situation is not surprising as we are still moving in a range with a support around $30k and the resistance is pretty strong to break and so is the reason the market went down.

[hatshepsut93]

There's no reasons to think that Bitcoin is repeating some pattern from the past, because on small timescale these patterns are nothing but market fluctuations. It's generally a good advice to hodl, because it's safer than trading, but buying more coins now, especially if you're already deeply in red, could be irresponsible. Don't forget the main rule of investing - invest only what you can afford to lose.

[swiftbits]

Holders hold their coins for a reason; it's for long-term gain. this only affects users using BTC for day-to-day transactions.
Don't sell for negative profit, holding time will be wasted, the buying price is still high, you might not get the same quantity of coins if you sell them from panic.

[BrewMaster]

this is not a crash anymore. this is more of a struggle before the launch.
apart from the fact that today's price is 3 times higher then the price of last year, the recent drop that bitcoin experienced that has brought its price to $30k to $40k range has also got it stuck in this range without any more rises or falls outside of it.

in any case if you want to look at the bright side then see how the altcoins that were pumped got dumped hard which is a good thing to keep the market healthy by preventing the altcoin pumpers from taking newbies money.

[sheenshane]

The markets is looking horrible and I know some of you want to hear some fact based words of encouragement.

Look around, the Bitcoin market is considered for me as a healthy one.  Don't panic with all FUD that happened just because of the announcement of China, this is their way to drag down the market and reinvest again since they don't have the power to control the entire market, who knows, one of the biggest whales was come from China, IMO.

I don't see any horrible thing right now, but the thing is those people who have followed the FUD and begun panic selling.  That's exactly what I say, just check the previous chart price and you will see that we are in a healthy market if you will compare those previous prices.  Besides, we have no loss if we don't sell our crypto assets during the correction time and don't expect that the market has always had infinite growth, there must a short correction as well.

[Beparanf]

If your holdings is only on spot, You should not worry since the price will recover in the long run just like what other posted above. Never open any future or margin position at current volatile market since the chance of being liquidated is very high. I read some data that exchange are just squeezing long and short positions before we can move on again on another uptrend cycle.

If you think cryptomarket is stressful during bear market. Just have a break and come whenever your mind is calm.

[cheezcarls]

I know that others are getting stressed of the bear market right now, even if you are an average Joe. The thing is that we have to take it as an opportunity on what we should do the next time we encounter another wave of bear market, or an opportunity to buy at a discount, or just simply accept the fact that you cannot control or decide where the market goes. It's unpredictable and has high volatility, and could go high or low without warning at all. Even though there are some terms such as death cross, etc., that would signal the start of the bearish run, but there are no guarantees that it can be true. Always invest what you can afford to lose along with proper risk management.

[jasonjm]

The markets is looking horrible and I know some of you want to hear some fact based words of encouragement. Its hard to comprehend this at the moment. But we have not reached the top of this cycle yet. This looks a lot like 2013 when the market crashed half way through the cycle before continuing upwards. Just check the charts and compare it your self. Bitcoin bull markets end in fireworks not crabbing formations. If you are in then just hodl and do something productive until August. If you aren't in yet, then start DCA'ing. Peace.

Be patient, the market will bounce back after few months but make sure to sell your holding when you get a chance, otherwise you will have to wait for a bit longer to earn big. At the moment Holding is the only option for the investors.

[radjie]

Situations like this are certainly able to test our patience, where those who believe in holding on to it will produce success for the patience that is applied.  for those who panic to face the current bear market like heroes who died on the battlefield who can't carry their dignity, and for those who hold fast in the face of market cycles like this will certainly achieve success in the future

[Tessnik]

The current market situation is not new to old players in the cryptocurrency market take the 2017-2018 Bitcoin market where the price went down up to 800%, the only suitable word in the situation is to hodle.