Bitcoin fall below $30k

[Nrcewker]

I don't see the point? several times this year that Bitcoin had fell down below 30k so what is the problem with that? the recent drop down to 29k is when the price climbed back to m48.
so lets look at this as a good sign instead of negativity .
and also the more you gather now is the more you will earn in the future at least 5 3 years from now?
so buy and buy as long as you have funds that can be risked or willing to lose.

Bitcoins price falling more than once below 30k usd this year ? I can’t recall it.
This is the bearish time after a huge days gap, for this i guess many people are fearing and selling their coins?
But i guess this is really a mistake and for this the coin’s price is decreasing more.
The fact that people are forgetting is BTC is very rare asset, the more you hold the more you will get a later period of time.
So I would advise all my fellow Bitcointalkers buy as much Bitcoins as you can in this harsh time.
And at last wait atleast a month to see the profits and thank me later.

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[Tellek Garing]

So I would advise all my fellow Bitcointalkers buy as much Bitcoins as they can in this harsh time.
And at last wait at least a month to see the profits and thank me later.

This is the best advice ever for users to hold more Bitcoin during this period of the bear market because in due time those who handle will gain massive returns but if you are a weak hand and rushed to sell off your Bitcoin holding you may regret why you took that decision to sell in a bear market.

Bitcoin is a rare asset as you have rightly said and you don't lose if you don't sell below the price so holding bitcoin never makes you lose only if you sell. Nice one ops.

[ShowOff]

So I would advise all my fellow Bitcointalkers buy as much Bitcoins as you can in this harsh time.
And at last wait atleast a month to see the profits and thank me later.

However, you can't guarantee anything regardless of how good bitcoin's potential is now and in the future. You can only convince yourself to buy more bitcoin because of course everyone will only do it according to their interpretation and financial ability.

Every investment decision should not depend on other people including beliefs, analysis and advice because none of them can guarantee the benefits that will be obtained even though I myself also believe there is potential that we can take as profits. So I don't think we should suggest others such assurances and reassurances. It should not be used as financial advice.

[Myleschetty]

I don't see the point? several times this year that Bitcoin had fell down below 30k so what is the problem with that? the recent drop down to 29k is when the price climbed back to m48.
so lets look at this as a good sign instead of negativity .
and also the more you gather now is the more you will earn in the future at least 5 3 years from now?
so buy and buy as long as you have funds that can be risked or willing to lose.

Bitcoins price falling more than once below 30k usd this year ? I can’t recall it.
This is the bearish time after a huge days gap, for this i guess many people are fearing and selling their coins?
But i guess this is really a mistake and for this the coin’s price is decreasing more.
The fact that people are forgetting is BTC is very rare asset, the more you hold the more you will get a later period of time.
So I would advise all my fellow Bitcointalkers buy as much Bitcoins as you can in this harsh time.
And at last wait atleast a month to see the profits and thank me later.

@peter0425, About 97% of all Bitcoin investors only care about making a profit and once the market is experiencing some major dump in price the only thing they have is the negative sense.
@Nrcewker, It is good you know we're in a bearish market and people also need to be careful of making an investment decision when the bottom price is still not certain but that doesn't mean they forget BTC was a rare asset.

[Kocret02]

As we are all aware of the volatility of the Bitcoin/cryptocurrency market which give the industry the speculative tendency to allow for analysis of the market from various analysts, as the week started in an unpredictable wave of downward movement which is the lowest for a long time since 2021 many predicted thirty thousand dollars price as the bearish minimum for this season but as at the time of making this post Bitcoin price is already below 30k region and this make me think what the next limit price will be I predict $25k as the lowest Bitcoin can fall to.

Crypto basically does have a higher speculative level, that's why we are not allowed to enter here without adequate knowledge, Bitcoin is a reference source for other coins, so it is natural for people to panic when Bitcoin is corrected quite badly, but what must be understood is such market conditions are reactions that often occur, it's just that the severity varies, stay calm and wait for the pause to end, don't do anything that can harm yourself in investing in crypto

[bakasabo]

I am getting tired of all this price falls, article and topic with price change discussion. No matter what everyone discuss or predict, Bitcoin is following his own price flow.
I have chosen tactics to observe and not interfere in trading for at least a year. No use be nervous and lose nerve cells thinking about price changes. I'd better switch on something else to try to learn new.

[Tellek Garing]

I am getting tired of all this price falls, article and topic with price change discussion. No matter what everyone discuss or predict, Bitcoin is following his own price flow.
I have chosen tactics to observe and not interfere in trading for at least a year. No use be nervous and lose nerve cells thinking about price changes. I'd better switch on something else to try to learn new.

If one have followed Bitcoin movement since the start we will noticed that Bitcoin truly follows it own market pattern truly even though there is a steadily followed pattern as as bull and bear market which make the price to be speculative.

When market crash one of it advantage is the opportunity to starch.

[Pejoh Asu]

Surely this is sad for me, I bought Bitcoin when the price of October 2021 was more than $ 54k, and sold partly when the price of $ 46k, now the price of dropped below $ 30k, of course this is the thing that makes many investors panic, but I will try to do the analysis whether it will hold or sell.

[ShowOff]

Surely this is sad for me, I bought Bitcoin when the price of October 2021 was more than $ 54k, and sold partly when the price of $ 46k, now the price of dropped below $ 30k, of course this is the thing that makes many investors panic, but I will try to do the analysis whether it will hold or sell.

You don't have to worry if your goal of investing is to make a profit in the long run. Bitcoin has great potential in the future and I believe it will be more expensive and will probably score new ATH again.

What you need to avoid is panic because it will only cost you. Hold is the best option now if you don't want to sell and accept losses, wait and you will enjoy the results in the future.

[ethereumhunter]

Surely this is sad for me, I bought Bitcoin when the price of October 2021 was more than $ 54k, and sold partly when the price of $ 46k, now the price of dropped below $ 30k, of course this is the thing that makes many investors panic, but I will try to do the analysis whether it will hold or sell.
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That's sad for many people, especially those who haven't sold bitcoin at yesterday's ATH because they were expecting another high. It's best if you stick around and don't sell your bitcoins or altcoins at this point because it will cost you money. But if you are in an important situation or there is an urgent need for money, then it is up to you to sell your bitcoins to cover that need. I sold a small part of my bitcoins not because I panicked to see the price drop but because I had an urgent need.

[Japinat]

Surely this is sad for me, I bought Bitcoin when the price of October 2021 was more than $ 54k, and sold partly when the price of $ 46k, now the price of dropped below $ 30k, of course this is the thing that makes many investors panic, but I will try to do the analysis whether it will hold or sell.

You don't have to worry if your goal of investing is to make a profit in the long run. Bitcoin has great potential in the future and I believe it will be more expensive and will probably score new ATH again.

What you need to avoid is panic because it will only cost you. Hold is the best option now if you don't want to sell and accept losses, wait and you will enjoy the results in the future.

That's right because it's not the first time we witness this kind of scenario. In 2018, it's even worst that what is happening now, so I don't think we have to give up or dump what we have now, instead, we hold it strong and accumualte if we have a chance.

[19Nov16]

I'm sure the market that is still red until now will end soon, although many find similarities with a 4 -year trend, namely the price will drop when it previously reached ATH but if you see a very large transaction volume I am sure the market will rise again and soon.

[suzanne5223]

Surely this is sad for me, I bought Bitcoin when the price of October 2021 was more than $ 54k, and sold partly when the price of $ 46k, now the price of dropped below $ 30k, of course this is the thing that makes many investors panic, but I will try to do the analysis whether it will hold or sell.

There's no reason for you to sell your BTC holding since you bought at the ATH price (thats if you don't need an emergency fund for something that has to do with life), the best thing you can do now is hold while you invest about 25% of your new capital into the current market and you can sell some portion of the new investment in profit.
Understand this, every crypto investor that panics because of the current bearish of the market is an inexperienced investor because the market correction should be expected after the halving effect market is over.

[ShowOff]

That's right because it's not the first time we witness this kind of scenario. In 2018, it's even worst that what is happening now, so I don't think we have to give up or dump what we have now, instead, we hold it strong and accumualte if we have a chance.

It is impossible to make a profit from bitcoin without having it in your wallet or on an exchange. I don't know exactly why people started believing in the potential of bitcoin but didn't want or didn't have the courage to buy it. This is of course inversely proportional to what they are talking about because in fact they do not dare to invest with the risk.

The best opportunity to collect bitcoins is when the price drops lower or is on the dip, that is advice that keeps repeating but is still doubted by some. Although no one guarantees profit from bitcoin investment, but we definitely know that it is profitable for most of the time and occasions.

[jaberwock]

Bitcoins price falling more than once below 30k usd this year ? I can’t recall it.
This is the bearish time after a huge days gap, for this i guess many people are fearing and selling their coins?
But i guess this is really a mistake and for this the coin’s price is decreasing more.
The fact that people are forgetting is BTC is very rare asset, the more you hold the more you will get a later period of time.
So I would advise all my fellow Bitcointalkers buy as much Bitcoins as you can in this harsh time.
And at last wait atleast a month to see the profits and thank me later.

The small dips are people usually talk about. I mean it is not really that much of a big deal, usually it doesn't go down that much, but there are too many people who think that just because it went to 30008 and then dropped to 29994 then it is another dip below 30k for some reason.

Maybe it is not that obvious but it keeps happening, and moves less than 1k dollars between 29k+ and 30k and it keeps getting something from people, and many people complain and keeps saying that they can't really end up getting any profit because of the ups and downs and all of that. This shouldn't be a problem for anyone because it's not a big deal to wait for a bit more.

[Digital_Lord]

As we are seeing Bitcoin is dropping day by day and still we can't see any reversal in the Market. Already market create a bottom of 26k so again we can expect 20k to 25k in coming days. Or even more down. So we can prepare for these targets. In my opinion we can buy in every step to get more dip entries and reserve some funds for worst case senerio.

[South Park]

So I would advise all my fellow Bitcointalkers buy as much Bitcoins as they can in this harsh time.
And at last wait at least a month to see the profits and thank me later.

This is the best advice ever for users to hold more Bitcoin during this period of the bear market because in due time those who handle will gain massive returns but if you are a weak hand and rushed to sell off your Bitcoin holding you may regret why you took that decision to sell in a bear market.

Bitcoin is a rare asset as you have rightly said and you don't lose if you don't sell below the price so holding bitcoin never makes you lose only if you sell. Nice one ops.

It is a good advice however we need to understand that not every single person can do something like this, only those that have a lot of experience and that have gone through other bear markets before can hold their coins even in the most adverse circumstances, newbies and traders which are relatively new to the market will have problems doing something like this as they may sell their coins while in panic, so for those people it is better to wait a little bit more and only invest once the market is not moving as much as it has been moving during the past weeks.

[Japinat]

That's right because it's not the first time we witness this kind of scenario. In 2018, it's even worst that what is happening now, so I don't think we have to give up or dump what we have now, instead, we hold it strong and accumualte if we have a chance.

It is impossible to make a profit from bitcoin without having it in your wallet or on an exchange. I don't know exactly why people started believing in the potential of bitcoin but didn't want or didn't have the courage to buy it. This is of course inversely proportional to what they are talking about because in fact they do not dare to invest with the risk.

The best opportunity to collect bitcoins is when the price drops lower or is on the dip, that is advice that keeps repeating but is still doubted by some. Although no one guarantees profit from bitcoin investment, but we definitely know that it is profitable for most of the time and occasions.

The current price is already cheap, yes, we can always look for a cheaper price but can we guarantee that bitcoin would still fall below $20k? Nah, no one could guarantee, so I think buying now would give us an opportunity to make a decent profit if we are talking of short-term investment.

[savetheFORUM]

I'm sure the market that is still red until now will end soon, although many find similarities with a 4 -year trend, namely the price will drop when it previously reached ATH but if you see a very large transaction volume I am sure the market will rise again and soon.

The liquidity is low right now compared to what it used to be, which means that we need to focus a bit more towards the liquidity part of it and that way we could be understanding when the market will get better. You need to also realize the difference between volume and liquidity as well because there is a huge difference.

Volume means the transactions, and it is still around 30 billion according to CMC, and it was like that when we were 40k+ as well and that was a great deal, today it is still around 30 billion and we should be focusing a bit more on that. This is why I believe that liquidity means a lot, volume doesn't mean that much.

[Dave1]

I'm sure the market that is still red until now will end soon, although many find similarities with a 4 -year trend, namely the price will drop when it previously reached ATH but if you see a very large transaction volume I am sure the market will rise again and soon.

The liquidity is low right now compared to what it used to be, which means that we need to focus a bit more towards the liquidity part of it and that way we could be understanding when the market will get better. You need to also realize the difference between volume and liquidity as well because there is a huge difference.

Volume means the transactions, and it is still around 30 billion according to CMC, and it was like that when we were 40k+ as well and that was a great deal, today it is still around 30 billion and we should be focusing a bit more on that. This is why I believe that liquidity means a lot, volume doesn't mean that much.

Regardless though, for me volume is as much as important as liquidity.

We can see obviously if we are still in the range of volumes in the past and it could signal whether we are in the bearish or bullish cycle.

So far though, the volume is very low, an indication that we are indeed in the bear cycle. And if my chance it increases then it will coincide with a good recovery at least we can felt a chance of 1%-5% in the price if volume increases.