Crypto Price Up & Down is normal be patient All Crypto Holders

[BTC_Mouse]

Ups and downs of crypto price are the crypto way. Happens all the time. Happens to both old and new crypto. Crypto is for holding for a long time for maximum profit.

Recalling History :

• Bitcoin went from $19,000 to $3,000 Then to #60,000
• Ethereum went from $1,000 to $80 Then to $4,000
• Dogecoin went from $0.001 $0.00008 Then to $0.1
• BNB went from $400 to $60 Then to $500

And we also know, that Shiba INU from worth $1000  down to $2 for almost a year. Later Shiba INU worth $1,000 became $10m!


How do you think people got rich in crypto and hold Crypto worth tens of thousands and millions?

The answer is that they buy when the price is very low like in the current market. Now is the time to buy. That being said, Bitcoin before went from $19k down to $ 3k and smart people bought Bitcoin at $ 3k! The same thing is happening again. Crypto price is all about up and down. The rich buy crypto when the price is very low like now, keep it and the price increase 10 times + from $1 to $100+ then they sell with huge profit. So make sure to buy Crypto now and wait.

[cabron]

Buy and wait. The next Halving will be on 2024. That's a long wait. But yes sure, can't believe a $1k worth of Shib is now worth $2. 

Lots of so called experts actually are saying we are at the bottom already which there could be a bull run again. We may not know until it happen but hey if you are willing to wait, just do it. As long as you won't spend your BTC and wait for the price to go up, you won't lose anything. There - that should be encouraging.

[ethereumhunter]

You already know the answer

But unfortunately, a lot of people who join crypto don't know exactly what to do so they just buy and wait and sell when the price drops. Many of them can't wait for the price to increase again because they only hope that the price will increase quickly once they buy.

If they continued to think like that, they wouldn't gain as big as people who had already obtained it but they would only suffer losses. Investing in crypto is all about patience and choosing a good coin to hold so that it will pay off in the future.

[Jawhead999]

Actually most of top coins will always follow Bitcoin price, so it's useless to compare the top coins price as we're only need to look on Bitcoin price to see the market is bearish or bullish.

Yeah, well said in theory but we don't know about the reality. The question is how you can know the bottom? Which person can guessing Bitcoin price will ever touch $3K at that time? Mostly those people who bought Bitcoin at $3K is DCA-ing Bitcoin.

[tranthidung]

Long term, you must know some fundamentals.

• Controlled supply
• How is the 21 million Bitcoin cap defined and enforced ?

In addition, if you know the Bitcoin adoption rate is faster then the adoption rate of Internet which already totally changed the world, what would you wonder about future of Bitcoin ?

Ups and downs, dips and blast off now will become flat in future, just like what consider past ones as flat now.

[TheUltraElite]

The holders are already aware of this and like we all have observed, the pro traders never declare publicly that they are pros, rather they remain quiet and observe what others are doing. Therefore the majority of panic stricken posts and messages come in from the random group of users who bought in at the wrong time. These people are new and less knowledgeable about market movements and they are the targets of whales to sell on.

When a bear market is ongoing, selling will happen from these weak hands and not from the whales. While there may be some holders selling as well it is usually less in number.

Either way, newbies who got affected by the bear market, should learn their lesson at patience and how to hold through a bear market instead of panicking.

[palle11]

First I think doge rose more than $0.1 , it got around $0.72 and bitcoin touched around $64k. That said, mm nobody is able to predict the exact time that it is real buttom. Price is down now but some are still predicting more fall to $8k-10k. So some decide to jump in now because of bull FOMO while strong willed predictors still feel it has more bear to do. Up and down is rthym of the market for sure but I expect another ATH after the next halving.

[tvplus006]

...

• BNB went from $400 to $60 Then to $500

And we also know, that Shiba INU from worth $1000  down to $2 for almost a year. Later Shiba INU worth $1,000 became $10m!...

It is obvious that you yourself are confused in the figures you presented, since they do not reflect reality) I cannot recall such a reduction in the value of BNB that you are writing about, since there has never been such a thing in the entire existence of this coin. The same goes for the Shiba INU coin, which has never been worth $1000.
xd

[Husires]

The comparison you mentioned is illogical, you did not compare cryptocurrencies on several big down trend, but rather on dwon or one major correction, but most of them fail to achieve gains after they collapse for the first time.

• Ethereum coin only tested one time.
• Dogecoin gained fame because of Elon Musk and don't expect to back to ATH.
• Shiba INU is just a worthless copy of Dogecoin and has no value, you will lose your money if you invest in it for the long term

[Wexnident]

It's normal on a volatile market and would naturally follow along early on but it wouldn't last forever, so don't assume that one can forever profit off of it. Take your time, we're only a decade in, and even if we consider how much the internet has helped in spreading and increasing Bitcoin adoption, it's still only a measly 10 years, there's still time for people to enter and take profit.

Though I don't think you can compare Dogecoin and Shiba (Probably, never really paid attention to it) to Bitcoin cause even if the scenarios were similar, the reasons for the two of them (imo) are different.

[YOSHIE]

The answer is that they buy when the price is very low like in the current market.

Are you sure this is the lowest, what if the end of this year drops even lower than now, for example Bitcoin, do they not lose and how all capital has been wasted at this time, that risk must also be considered.

In my opinion, for now if people want to buy crypto/Bitcoin, it's good to have three methods, in dealing with capital.
E.g. capital: $5000
1. $1.666, buy now.
2. $1,666, see the development of the crypto market in the next 2-4 months, if it goes down buy again.
3. And $1,666, just in case, in case anything unexpected happens, I mean even lower vantage point, point 2.

Sure, if I'm going to do such a method.

Trading/investing options like that, you will most likely reduce the risk of big losses, profit if it is currently lower and will go to another month, what if the fall is worse.

[so98nn]

Great, I am the follower of this particular formula. You can not win the crypto market if you are not patient enough to wait for an opporunit like this. Most of them call this as blood bath, crypto going to hell and what not. But thats completely non sense, they forget that this is the real opportunity and one should not be bending it over. Many of them cried when bitcoin went from 3k to 60k in the past, they did not even try to buy it when it was slowly moving towards new high. Always kept asking question like when bitcoin movement will stop, is this opportunity to buy and what not! That's completely insane, they should buy and keep buying when such bear trend is on the way.

[rhomelmabini]

I don't know if we really did hit the bottom already but there are signs and indication that it had already did and as well as the capitulation. We may never know this things but base on experience, you don't have to go against the trend, it's true the saying that "trend is your friend". Blind investment wouldn't get you nowhere unless you really have that risky appetite on you, but if you don't, better have a financial advisor with you.

[Sterbens]

The definition of the word "up" is from lower to higher, and you either got it wrong or did it on purpose so we wouldn't be fooled. I know for now the market will give a strong push as if there won't be another bear market after that. But there is still a bottom line below the bottom line or there is a decline below the decline. Waiting for the halving is not easy. Unless you have spare money elsewhere. Not all traders are in a favorable condition. Especially for beginners who are easily carried away by emotions when they see a slight increase right away without even thinking about making a purchase.

[Lanatsa]

The definition of the word "up" is from lower to higher, and you either got it wrong or did it on purpose so we wouldn't be fooled. I know for now the market will give a strong push as if there won't be another bear market after that. But there is still a bottom line below the bottom line or there is a decline below the decline. Waiting for the halving is not easy. Unless you have spare money elsewhere. Not all traders are in a favorable condition. Especially for beginners who are easily carried away by emotions when they see a slight increase right away without even thinking about making a purchase.

This is just really looking for long term perspective but in overall it was really just that showing off on how far we've moved after a decades time and we know that not all people are really that patient enough on waiting

for that long but well it does vary on preference since not all would really be that patient enough on seeing or on taking action in regarding with their investment thats why we do see that people will really be having

different takings and different actions on what they are currently seeing on the market.Patience is virtue but there are times which you do really need to make out some immediate action.

[Slow death]

And we also know, that Shiba INU from worth $1000  down to $2 for almost a year. Later Shiba INU worth $1,000 became $10m!

I'm having trouble understanding, since when did shib reach 1000$? and since when did shib reach 10 million?

here:

https://coinmarketcap.com/currencies/shiba-inu/

https://www.binance.com/en/trade/SHIB_USDT

even if I put a 1 year chart I don't see anything about $1000, it didn't even reach $1 so how are you talking about $1000? what part am i missing?

How do you think people got rich in crypto and hold Crypto worth tens of thousands and millions?

The answer is that they buy when the price is very low like in the current market. Now is the time to buy. That being said, Bitcoin before went from $19k down to $ 3k and smart people bought Bitcoin at $ 3k! The same thing is happening again. Crypto price is all about up and down. The rich buy crypto when the price is very low like now, keep it and the price increase 10 times + from $1 to $100+ then they sell with huge profit. So make sure to buy Crypto now and wait.

in this part I am 100% agreeing with you, the best option is to wait for the price to drop a lot and buy and sell when it reaches the top, for that one needs to have patience and knowledge of the market, because one can be wrong that 29000$ it's time to buy and then the price drops to 10,000$, this scenario that I just described must be happening to a lot of people right now, because everyone is looking at 29,000$ as the price they need to run to buy

[CaVO32]

The definition of the word "up" is from lower to higher, and you either got it wrong or did it on purpose so we wouldn't be fooled. I know for now the market will give a strong push as if there won't be another bear market after that. But there is still a bottom line below the bottom line or there is a decline below the decline. Waiting for the halving is not easy. Unless you have spare money elsewhere. Not all traders are in a favorable condition. Especially for beginners who are easily carried away by emotions when they see a slight increase right away without even thinking about making a purchase.

This is just really looking for long term perspective but in overall it was really just that showing off on how far we've moved after a decades time and we know that not all people are really that patient enough on waiting

for that long but well it does vary on preference since not all would really be that patient enough on seeing or on taking action in regarding with their investment thats why we do see that people will really be having

different takings and different actions on what they are currently seeing on the market.Patience is virtue but there are times which you do really need to make out some immediate action.

Every user here has different financial needs so we can't blame them if they can't wait that long and see the improvement of price. Also, only valuable alts will have the chance to increase their price throughout the years. But if the foundation is weak and the team is anonymous, the likelihood that they will disappear in the market is very high. So if you have long-term plans with your coins, better be selective with your investments. One sure thing that won't disappear is bitcoin. So for me, you can always include btc in your portfolio.

[goaldigger]

Getting rich in crypto still requires a lot of work and patience, because there’s no overnight success here and everything is the result of your hard work. Some traders wants an instant profit and the result is not good for them, it can discourage them from investing again. If you do have a dream or goal in life, you should not give up easily and the best way to achieve that is to make yourself knowledgeable about important things here in the market. Patience is very important, the volatility of the market can still give you good benefit so better to take advantage of that and reach your goal step by step.

[Lanatsa]

How do you think people got rich in crypto and hold Crypto worth tens of thousands and millions?

Yes, buy low and sell high but do you know that this thing wont really be that simple as it sounds? You would definitely be having those doubts anytime you do see a bear market which is something unavoidable.

Its really that regrettable on missing out opportunities and we do wish that if we could turn back time then we would have accumulate lots but we know that this isnt something giving out some assurance
because its impossible for someone on having no thoughts on what if the price would go down even more kind of lines or words?

For sure people would be finding it confusing or something in relation with fear of making out any decision that's why risk-taking would be the main word on here and does vary on each person.

[DoublerHunter]

You already know the answer
~snip~

Definitely right and it was proven and tested for how many years.
This is a very normal scene of BTC price, the up and down which makes their price so volatility. But have you noticed that BTC always ended up at a high price and always create a new ATH?
That is right, we need to extend our patience and wait until BTC will reach a new ATH again which is a lot of people will have a benefit from holding BTC and sell in the right time or never sell much better.