Do not panic. Everything will get better

[Smack That Ace]

There is no need to keep advising people to hold, i have seen this advice so much in the last weeks since bitcoin started plunging, if they do not believe in bitcoin or that this kind of plunge has happened before and that it will return back up, then let them sell to stronger hands that are ready to buy at all times, and just maybe experience will teach them to research next time.

It's true that there's no better advice than to let them go through what we've been through, but let's not be too indifferent to them as we go first. Before getting to where we are today, I am sure that along the way we have at least received a lot of lessons and experiences from those who have gone before.

For a new investor who doesn't have a lot of experience and experience, it is extremely important to offer advice and encouragement at this time, to let them know they are not alone and bitcoin is really something we should be holding onto for the time being.

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[gunhell16]

There is no need to keep advising people to hold, i have seen this advice so much in the last weeks since bitcoin started plunging, if they do not believe in bitcoin or that this kind of plunge has happened before and that it will return back up, then let them sell to stronger hands that are ready to buy at all times, and just maybe experience will teach them to research next time.

I somewhat agree with what you said, even though I have read a lot in this forum that gives advice but we are not sure if they follow that advice. It's still really better for them to do their own research on Bitcoin, then reading the advice here on the forum is only a second option on what you should do as a bitcoin investor whether you should be worried or not.

[Sayeds56]

I don't even wonder if bear season is coming again and this is the moment for us to buy cheap.

Yep. This bearish season is the right time to buy coins as many as possible. If there is more dump, it means we have an opportunity to buy cheaper. It should be an advantage for us, it is a rare time to fill our wallets with many coins at cheap prices. However, we don't too hurry to spend our funds. we are still in Q2 of the first year bearish season. I guess there is still a lot of time to buy, there is a big chance for more dumps.

well I'm guessing the market will take some time to recover because we are very strong against weak hands.

Agree. We already experienced some bearish seasons previously, they never lasted a short time. Probably to happen around 2 years.
CMIIW

Bearish seasons come and go as we have witnessed Bitcoin price falling to around $3500 in 2018 and bounced back. This is the history of Bitcoin which has been repeated again and again. As Investor/trader, we should learn to live with it and develop technical and risk/money management skills to take advantage of Bitcoin market volatility which is an opportunity if we can manage risk associated with it.

[judaspriest]

There is no need to keep advising people to hold, i have seen this advice so much in the last weeks since bitcoin started plunging, if they do not believe in bitcoin or that this kind of plunge has happened before and that it will return back up, then let them sell to stronger hands that are ready to buy at all times, and just maybe experience will teach them to research next time.

I somewhat agree with what you said, even though I have read a lot in this forum that gives advice but we are not sure if they follow that advice. It's still really better for them to do their own research on Bitcoin, then reading the advice here on the forum is only a second option on what you should do as a bitcoin investor whether you should be worried or not.

It's much better if we try to do both be it doing research and reading advice,
does not mean we have to follow the advice because again the final decision is certainly in our hands,
obviously do what you think you need and I think that's enough

[mich]

I totally agree that things will go back to normal. Feeling a bit of fear is perfectly normal when your investing but feeding the fear and ruminating on it is not helping your mind or your wallet.

I recommend just trying your best to stay calm, exercise more and find your inner confidence that things will turn around eventually. Personally, I don’t even look at my wallet anymore because right now it’s a bit of a waiting game until the markets level out.

[breathlessz]

for the holders, mutually reinforcing is one way to suppress massive dumping. here are many new investors who don't really understand bitcoin behavior, so they feel panicked when a dump occurs, therefore determining a strategy with some anticipation will make us feel more calm, considering that if we have bought and the price drops again, then we can buy it again, so that by doing that action, we seem to still have hope

[LastKiss]

I totally agree that things will go back to normal. Feeling a bit of fear is perfectly normal when your investing but feeding the fear and ruminating on it is not helping your mind or your wallet.

I recommend just trying your best to stay calm, exercise more and find your inner confidence that things will turn around eventually. Personally, I don’t even look at my wallet anymore because right now it’s a bit of a waiting game until the markets level out.

Yeah when we see our wallet down by more than 50% there's only depression and panic in our minds so we can't think clearly to make the next decision. Leave it alone is one of best choice right now I think until the market back to normal or recover. Well even it's easy to tell but let's practice more rather than just panic sell and lose our investment.

[wrunger1]

So, did really patience help here?
Because as I see drop is going on, any information about changes on BTC market?

[Lambe Ndumble]

The current Bitcin price is $ 19100, and if it does not immediately return to $ 20K then the opportunity to drop again under $ 18K, the price is very difficult to guess, and this is what makes many people too easily panic so that it sells and makes things more difficult to control.

[Altryist]

I totally agree that things will go back to normal. Feeling a bit of fear is perfectly normal when your investing but feeding the fear and ruminating on it is not helping your mind or your wallet.

I recommend just trying your best to stay calm, exercise more and find your inner confidence that things will turn around eventually. Personally, I don’t even look at my wallet anymore because right now it’s a bit of a waiting game until the markets level out.

Fear is a good indicator - the scarier the closer the bottom. It is clear that the fall cannot be eternal and we will wait for a reversal and a new bull market, but a lot of time may pass before that. If you are an investor, then it is clear that there is no point in constantly looking into the wallet to see the balance, there is no point in this now, now you just need to wait.

[Mahanton]

I totally agree that things will go back to normal. Feeling a bit of fear is perfectly normal when your investing but feeding the fear and ruminating on it is not helping your mind or your wallet.

I recommend just trying your best to stay calm, exercise more and find your inner confidence that things will turn around eventually. Personally, I don’t even look at my wallet anymore because right now it’s a bit of a waiting game until the markets level out.

Fear is a good indicator - the scarier the closer the bottom. It is clear that the fall cannot be eternal and we will wait for a reversal and a new bull market, but a lot of time may pass before that. If you are an investor, then it is clear that there is no point in constantly looking into the wallet to see the balance, there is no point in this now, now you just need to wait.

I agree into this sentiment.
Fear, Greed Index might not really be that precise but its not a bad thing for you to at least checking it out.
https://alternative.me/crypto/fear-and-greed-index/



We are on extreme fear.. So it might not be that precise or recommended to follow but it
isnt really bad to have some reconsideration.

[kawetsriyanto]

Bearish seasons come and go as we have witnessed Bitcoin price falling to around $3500 in 2018 and bounced back. This is the history of Bitcoin which has been repeated again and again. As Investor/trader, we should learn to live with it and develop technical and risk/money management skills to take advantage of Bitcoin market volatility which is an opportunity if we can manage risk associated with it.

Yep. Bearish season happened several times, it is not the first time we experience it. Even, before 2018, we also experienced a bearish-bullish season. So, nothing to worry about the current fall in most coin prices. However, learning about the price history, money management, and current issues is a must. We need to improve our knowledge, so we become more confident to hold our investment. And to optimize the opportunity to get an advantage of this volatility, we must have sufficient knowledge.

[wmaurik]

The current Bitcin price is $ 19100, and if it does not immediately return to $ 20K then the opportunity to drop again under $ 18K, the price is very difficult to guess, and this is what makes many people too easily panic so that it sells and makes things more difficult to control.

Now Bitcoin is at $20k again, but I always prefer to buy when the price is cheap (especially Bitcoin) because last year it was always difficult for me to get Bitcoin at cheap prices like now so I take advantage of the present moment in terms of buying gradually and hold it. Because when other people are very panicked, that's where I have to be able to take advantage of the opportunity, because that is a very good thing.

[Pujangga]

7 hours ago the price of bitcoin was still $19k and now it's back to $20k, this proves that bitcoin always has a chance to skyrocket in a short time, this is a sign that never sell because you panic when you see the price drop, panic will make you regret it .

[Cryptock]

7 hours ago the price of bitcoin was still $19k and now it's back to $20k, this proves that bitcoin always has a chance to skyrocket in a short time, this is a sign that never sell because you panic when you see the price drop, panic will make you regret it .

Making a good decision at the right time is really very important.
However most of the time we regret because we don't dare to make the decision. But this is not the time to panic. But to find solutions. No matter what we have to earn more and for this we have to work real hard.

[19Nov16]

Usually panic happens because we do not think the other side of investment is losing money, many people are too eager to invest to sell anything but when they see the facts of the market that drops, they begin to calculate losses and think that to prevent greater losses, they immediately sell, of course This is a common mistake but before investing then use the money we think is lost.

[Sebas.tian]

I think, people have stopped panicking in the community because the green light is about to demonstrate and stable for short term traders and long term traders to start earning incomes from their investment. It will be difficult for people to miss this opportunity to buy more of Bitcoin and hold through out the bear market, so that they will be part of those that will rejoice when the price hit higher in crypto market. I believe, this new month will be more better than last month because many coins are about to increase higher and stable for people to start smiling again.

[boyptc]

7 hours ago the price of bitcoin was still $19k and now it's back to $20k, this proves that bitcoin always has a chance to skyrocket in a short time,

Well, the other day it was $21k and then it fell again.

this is a sign that never sell because you panic when you see the price drop, panic will make you regret it .

It's true that there's no sense in panicking if you're going to do that undecided and if you're at loss. You'll just trying to do things that you will really have to regret eventually.

Listen to the long term folks in the forum on how long we've been holding and once has panicked before but never happened again. Well, that's for selling but panic buying is something different when the bottom has come.

[Newlifebtc]

I think, people have stopped panicking in the community because the green light is about to demonstrate and stable for short term traders and long term traders to start earning incomes from their investment. It will be difficult for people to miss this opportunity to buy more of Bitcoin and hold through out the bear market, so that they will be part of those that will rejoice when the price hit higher in crypto market. I believe, this new month will be more better than last month because many coins are about to increase higher and stable for people to start smiling again.

people cannot stop panicking in cryptocurrency because they have not mastered it some people entered crypto-currency with the fear so been panicking cryptocurrency is also one of the thing that is making cryptocurrency to be growing or having a good report in the society I believe that the panic then panic to sell their cryptocurrency some people who is by the side Profit when they sold at some cryptocurrency at a lower price

[Rockstarguy]

7 hours ago the price of bitcoin was still $19k and now it's back to $20k, this proves that bitcoin always has a chance to skyrocket in a short time, this is a sign that never sell because you panic when you see the price drop, panic will make you regret it .

Their is no point to be panic, it is the a matter of time and to be patient,  if their is a time for the dip , the time for making gain will also come .  People consider to make only profit in bitcoin and they forget that there is bearish market in bitcoin which the price of bitcoin tend to go down dip. When their is an understanding about the volatility of bitcoin,  even if bitcoin price falls their wont be any reason for any panic because with time the price will come up.