Do not panic. Everything will get better

[sunsilk]

The first week of August, Bitcoin charts are already starting to look good. July 10 Bitcoin started at $21.86K and stopped at $23.8K on August 8th and is likely to last until the end of August.

Bitcoin has once again back to $24k and Ethereum to $1800. Just as we always say, everything is going to be nice again and we have to patient on these market situations since we've been too hit of it for so many times.

Meanwhile, the global economy is trying to bounce back. We need intelligence to be able to make the right decisions.

We're going to see if the entire global economy will back. IMO, I don't think that everyone is going to be back while some other countries has to push the others low for many of them shall go up and focused on their own.

[Stella Mese]

with the decline in the price of bitcoin, many people panic selling, even though they get losses because the price is not as intended, even though selling at a price that is not what they want is a wrong action, because they will harm themselves. even though if they don't panic and be patient, the price will definitely come back up again.

[Argoo]

The first week of August, Bitcoin charts are already starting to look good. July 10 Bitcoin started at $21.86K and stopped at $23.8K on August 8th and is likely to last until the end of August.
Meanwhile, the global economy is trying to bounce back. We need intelligence to be able to make the right decisions.

Thing will remain the same - but people will be used to of all this inflation and ecnomic crisis.
They wont worry about inflation - they thing they will worry only will be peace.

On August 5, at a conference, Elon Musk said that, according to analysts, the peak of inflation in the United States has already passed and the economic situation in the world will gradually improve. This will also favor risky assets such as cryptocurrencies. Therefore, he did not rule out a little later to turn to buying bitcoins again. Now Tesla has already sold 90 percent of its bitcoins, which it bought in January last year for $1.5 billion. Elon Musk pointed out that Tesla earned very little bitcoin - $ 64 million.
Let's hope that the bearish period in the cryptocurrency market will end soon. Most likely, this will happen this fall.

[Sebas.tian]

I think, many traders have seen the reason why they don't need to panic in this season because the market price is changing gradually in the crypto market that is making both long term traders and short term traders to smile about what they are experiencing right now from the market price improvement.  It will be difficult for traders to miss it this time around, because Bitcoin price used to improve higher in the month of August for traders that experienced losses from the market before to use the bullish market to recover and prepare for another opportunity to come up in the community.

[ChiNgadOr]

The first week of August, Bitcoin charts are already starting to look good. July 10 Bitcoin started at $21.86K and stopped at $23.8K on August 8th and is likely to last until the end of August.

The market is gaining momentum gradually and with time everything may go back to the way it used to be before. There are positive speculations that the market is going to stay bullish from this August to the end of this year. This should be the time when we have to take decision on updating our crypto portfolios.

I think, many traders have seen the reason why they don't need to panic in this season because the market price is changing gradually in the crypto market

Yea, the market keeps rotating and speculating the market can be confusing. It is only the newbies traders that can be panicking when the market is retracing. What goes down must goes up, that's how the market moves.

[Davidvictorson]

1. Be patient, don't panic.
2. Buy and hold.

The first attitude is very suitable to be applied and very many traders experience tremendous panic when they see the market price drop, especially Bitcoin is now at $18k.
Do not panic. Everything will get better.

Good advise. I just wonder how the market will be like if eventually it gets regulated. I would say everything is already getting better. The price of bitcoin is picking up(23k today). Nobody should plead with anyone to hodl anymore because if you have come this far, you should be strong enough to follow through till the end. I think the worse phase which was about bitcoin dropping below 1k is over. No panic just chill.

[yudi09]

Good advice. When you have started to engage yourself in this activity, the important thing to pay attention to is market conditions. It must be understood that the market is very volatile so it requires a maximum level of patience.
One of my friends bought BTC at a time when the Bitcoin price was high before dropping to $23k. Right now He had already lost about 50%.

One day he asked me what I think the potential future price of BTC is, will it get past $40k? Then I asked him back, why did you suddenly ask me that. He replied with an answer I didn't want which was that he wanted to sell the BTC he had bought even though the price had dropped drastically. I spontaneously replied, don't do it. Rest assured that BTC will increase again, you just need patience. BTC is a future asset that you should take care of. If you are impatient, then don't get involved in this activity. Finally he heard and didn't sell it.

That's a little true story that I found. In addition to needing patience, we also need people who can provide confidence so that they are not wrong in making a decision.

[Semar Mesem]

If we have done an in-depth analysis of cryptocurrencies then when a dump occurs then don't panic, all investments have a risk of being dumped and smart investors will catch this as a golden opportunity to continue buying. and it has often been proven that the market will soon rise again.

[Wong Gendheng]

Today Bitcoin rises more than 6%, and hopes to reach $ 25k soon, if tomorrow or the day after tomorrow can be reached the price of $ 25k then I am optimistic that August will reach at least $ 30k, before the price is more expensive then I suggest to continue to buy, I'm sure the price $ 24k is very cheap and we get a big profit if you buy it soon

[Davian144]

If we have done an in-depth analysis of cryptocurrencies then when a dump occurs then don't panic, all investments have a risk of being dumped and smart investors will catch this as a golden opportunity to continue buying. and it has often been proven that the market will soon rise again.

Now the Bitcoin price has seen a bounce back to near the $25K price this month. I am still very confident that the Bitcoin price increase will continue this month to exceed $25K. So obviously there is no need to panic and sell it early if you still have great faith in the potential of Bitcoin itself. Because when you can no longer afford to buy it within this month, then hold on to the Bitcoins that you bought in the last month.

[MCobian]

Today Bitcoin rises more than 6%, and hopes to reach $ 25k soon, if tomorrow or the day after tomorrow can be reached the price of $ 25k then I am optimistic that August will reach at least $ 30k, before the price is more expensive then I suggest to continue to buy, I'm sure the price $ 24k is very cheap and we get a big profit if you buy it soon

Indeed in the last few days the movement of Bitcoin looks positive, and hopefully Bitcoin can reach the price of $ 25k, because Bitcoin has repeatedly
tried to touch the $25k price it usually always fails. But hopefully in the near future this will work, if it works as you said it is possible in this month
Bitcoin can at least touch the price of $ 30k. So it is recommended to start buying Bitcoin from now on, before regretting because the price of Bitcoin
will be more expensive. Even though we are optimistic that Bitcoin will go up, it is better to still buy Bitcoin with the extra money we have, to be much safer.
Because after all Bitcoin movements are very volatile, so there is a possibility that Bitcoin suddenly dumps in price. But if it turns out that the price of
Bitcoin suddenly drops, we don't need to panic, because the price of Bitcoin can always recover again. If we still have capital, we can also buy Bitcoin
every time the Bitcoin price drops, that way when the price goes up, the profit we make will be very large.

[Gayong88]

2. Buy and hold.

I'm sure you've been familiar with cryptocurrencies for a long time, or have had good experience especially when it comes to buying Bitcoin and its opportunities. Just an addition, it depends on your intentions as a trader. If you do not intend to continue investing in bitcoin, then this is not the right time for you to invest now. The point is that the current market situation is not like in Bitcoin but actually the US dollar and Euro currencies, which dominate the trading market today.

[Sayeds56]

If we have done an in-depth analysis of cryptocurrencies then when a dump occurs then don't panic, all investments have a risk of being dumped and smart investors will catch this as a golden opportunity to continue buying. and it has often been proven that the market will soon rise again.

Now the Bitcoin price has seen a bounce back to near the $25K price this month. I am still very confident that the Bitcoin price increase will continue this month to exceed $25K. So obviously there is no need to panic and sell it early if you still have great faith in the potential of Bitcoin itself. Because when you can no longer afford to buy it within this month, then hold on to the Bitcoins that you bought in the last month.

You are absolutely right. We have witnessed jump of more than $1500 in Bitcoin price since last evening when CPI data announcement came in & it was lower than what market was expecting which is good news for all financial markets including Bitcoin . Now Bitcoin is trading around 24,500 which seems strong resistance and once this resistance is broken, we might see Bitcoin around 27K in coming days.

[Bitcoin2009]

The last 3 days the market looks very satisfying and I'm sure bitcoin will reach $25k soon, don't be too quick to sell, but I suggest to keep buying because the market will soon be rising and a bull run is happening, if we pay attention, the trend in August 2022 is almost the same as the August trend 2021 is the market starting to rise.

[cute nmp]

It is very hard to remain calm during the bear market condition sometimes it is hard to look at my cryptocurrency portfolio. I don't think i would panic that much and sell my tokens cause I will be at a loss so it will be better to hold and see till things get better and market returns to normal.

[Oilacris]

If we have done an in-depth analysis of cryptocurrencies then when a dump occurs then don't panic, all investments have a risk of being dumped and smart investors will catch this as a golden opportunity to continue buying. and it has often been proven that the market will soon rise again.

Now the Bitcoin price has seen a bounce back to near the $25K price this month. I am still very confident that the Bitcoin price increase will continue this month to exceed $25K. So obviously there is no need to panic and sell it early if you still have great faith in the potential of Bitcoin itself. Because when you can no longer afford to buy it within this month, then hold on to the Bitcoins that you bought in the last month.

You are absolutely right. We have witnessed jump of more than $1500 in Bitcoin price since last evening when CPI data announcement came in & it was lower than what market was expecting which is good news for all financial markets including Bitcoin . Now Bitcoin is trading around 24,500 which seems strong resistance and once this resistance is broken, we might see Bitcoin around 27K in coming days.

People do easily get annoyed nor get pissed when they do saw that sentiments and news doesnt really give that much effect which is normal and not surprising since we know that not every fundamentals

will really be having that kind of effect on moving the markets.Currently the market is staying around 24k and we do really have that strong resistance and seems like another failed attempt?

This is what you should really make yourself prepared on facing these kind of market conditions which its totally unpredictable and there's no way that you could really
guess on what would happen next.

[Sayeds56]

The last 3 days the market looks very satisfying and I'm sure bitcoin will reach $25k soon, don't be too quick to sell, but I suggest to keep buying because the market will soon be rising and a bull run is happening, if we pay attention, the trend in August 2022 is almost the same as the August trend 2021 is the market starting to rise.

Though Bitcoin market has shown good performance since Wednesday after the release of CPI data which reflects that measures taken by FED are performing well and producing desired results. The total marketcap is now above 1.13 trillion which reflects that money is flowing in crypto market  but bulls again failed to push it to above 25K which seems a strong phycological barrier. I am still optimistic that we will see Bitcoin around 27K in coming weeks.

[Rockstarguy]

The last 3 days the market looks very satisfying and I'm sure bitcoin will reach $25k soon, don't be too quick to sell, but I suggest to keep buying because the market will soon be rising and a bull run is happening, if we pay attention, the trend in August 2022 is almost the same as the August trend 2021 is the market starting to rise.

Though Bitcoin market has shown good performance since Wednesday after the release of CPI data which reflects that measures taken by FED are performing well and producing desired results. The total marketcap is now above 1.13 trillion which reflects that money is flowing in crypto market  but bulls again failed to push it to above 25K which seems a strong phycological barrier. I am still optimistic that we will see Bitcoin around 27K in coming weeks.

Bull is gradually taking place,  if you notice the market has gone beyond $20-21 and the market is struggling to get balance at $24. With this transformation I think we are gradually entering the bull season which I believe in a space of time the pricevof bitcoin will increase more, it is still important we keep hodling for better days.

[Sayeds56]

The last 3 days the market looks very satisfying and I'm sure bitcoin will reach $25k soon, don't be too quick to sell, but I suggest to keep buying because the market will soon be rising and a bull run is happening, if we pay attention, the trend in August 2022 is almost the same as the August trend 2021 is the market starting to rise.

Though Bitcoin market has shown good performance since Wednesday after the release of CPI data which reflects that measures taken by FED are performing well and producing desired results. The total marketcap is now above 1.13 trillion which reflects that money is flowing in crypto market  but bulls again failed to push it to above 25K which seems a strong phycological barrier. I am still optimistic that we will see Bitcoin around 27K in coming weeks.

Bull is gradually taking place,  if you notice the market has gone beyond $20-21 and the market is struggling to get balance at $24. With this transformation I think we are gradually entering the bull season which I believe in a space of time the pricevof bitcoin will increase more, it is still important we keep hodling for better days.

Well said. Bitcoin is rising gradually and making higher highs  which is good for the health of market in the long term and for those who have patience to hold it because parabolic rise invites weak holders to sell their holding and book quick profit.Technically speaking , It is trading above its pivot point $23,187 on weekly time frame of support/resistance chart which indicates that we will see it above 25K in coming weeks. DYOR

[cute nmp]

One need to hold cause of the market condition. Selling at these time will result to lost it is much better to hold till the situation improves and things return to normal and prices recovers so that we will make some good profits. No need to panic one have to wait and see what happen before making any decision.