Panic People Are Selling BTC And Buying inflationary Fiat For Safety But They

[Emitdama]

If you insist that 1 btc is 1 btc then there will be no change at all even if the price of btc rose? Because you are saying to not focus on the price but focus only to the btc that you have. Not all people will know what happened in 2011 because not all that you see here are pioneers but many have joined late.

We have internet and searching is free. They can always search the history of btc to know what happened in its past but I think some are just lazy to do it. They only believe on what they currently see but don't worry because not all are panic selling but most of us here are still in control of the situation. We know that the market is only testing us.

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[STT]

There is such a thing as complacency, I dont count this as a full test just yet.   Many expected BTC to fall back to 20k previously and so it too might happen now.   If we spent the rest of this year just gradually declining and wearing peoples resolve down month by month that would match my prior experience of how hard BTC can be on anyone previously bullish.  That might happen, I cant really exclude its possibility when we have wars and trade wars and other break downs to deal with, pandemic virus destroying commerce and overall indebted countries all sorts of negatives.  BTC is really a long term trend, it varies alot and we can fall further imo but its not negative always, I wait for us to break upwards also

[Oceat]

I don't know if they already knew this but once you sell your Bitcoin during the dip someone is happy buying your coins and it's your loss already. People who sold at this time might not know that perhaps they just think they could save their Bitcoin by converting it to fiat hoping to buy when BTC is in decline. But id their plan is to just sell it so they won't suffer more from losses then they aren't here for investment they're just here for a quick profit and that's not how Bitcoin works if you want a good profit you might have to invest more time, patience and money.

[EdenHazard]

If you insist that 1 btc is 1 btc then there will be no change at all even if the price of btc rose? Because you are saying to not focus on the price but focus only to the btc that you have. Not all people will know what happened in 2011 because not all that you see here are pioneers but many have joined late.

We have internet and searching is free. They can always search the history of btc to know what happened in its past but I think some are just lazy to do it. They only believe on what they currently see but don't worry because not all are panic selling but most of us here are still in control of the situation. We know that the market is only testing us.

The value you'll get by selling bitcoin today won't as worth as when you do it in the future especially where the inflation getting crazy day by day and nobbody knows that the crisis might happened later on and bitcoin become a safe haven , that time you will realize indeed that you have made a huge mistake , just like those pioneers who own thousands bitcoin 10 years ago but decided to not believe in bitcoin vision.

don't be like them , learn your lesson from this.

[adaseb]

Many people bought Bitcoin at the peak because they were worried about inflation. So instead of losing 8% of their buying power they lost more than 50%.

These are the people that mostly sold during the big dump. I remember November 2021 very well. Celebrities were shilling Bitcoin. Everywhere you went in public people on their iPhones were on Binance trading shitcoins.

It’s not a surprise that we had a nasty crash. Way too many people were expecting something crazy like $250K or $1M Bitcoin.

[Iadegbola34]

The sellers you call paperhands today might be the smartest investors overtime. Afterall, the crypto space is a crazy world on its own, no one knows for sure what's going to happen we all can only predict. Selling now to buy at a much cheaper rate will be considered smart by everyone here if the price of BTC continue to drop. And of course, selling now doesn't equate to selling forever.

[peter0425]

It is easy to understand if you truly knew the market and knew what are you entering and what are you doing.
because even how good we explain to them but their mindset is Bitcoin is for a Easy money then our words will be nonsense .
those people that hates dumping are the people that wanted an easy return because if they fully understand this market then they will take this chance to buy more instead of panicking and being worried .

The sellers you call paperhands today might be the smartest investors overtime. Afterall, the crypto space is a crazy world on its own, no one knows for sure what's going to happen we all can only predict. Selling now to buy at a much cheaper rate will be considered smart by everyone here if the price of BTC continue to drop. And of course, selling now doesn't equate to selling forever.

it is our choice , to buy  or sell whenever we wanted so let Him decide and let him experience the market to learn from his decisions .

[19Nov16]

Seeing the market that continues to red until now certainly makes us panic, but I suggest not to panic because I'm sure that the market will return to rising, especially if we buy at an expensive price then hold or use staking is a good option, if the market has improved and Can profit then if you want to sell this, of course better, panic will only make us regret