Every "Bitcoin is Dead Headline" is a Buying Opportunity

[Fivestar4everMVP]

A declaration by Binance CEO- CZ

I cant agree more with this man, when other people are busy shouting "Bitcoin is dead", CZ is saying that that is the best time to load and reload your Bitcoin bag, every dip is a buying opportunity but its rather sad that many people dont understand this, they want the price of Bitcoin to just keep going up and up, this is not possible because what drives the price of Bitcoin is not some algorithm but people, real people, its just like in a debate where majority carries the winning vote, your action on the Bitcoin market determines what your vote is, you buy, your vote goes to buy and the higher the buy votes, the higher the price goes.
On the other hand, you sell, your vote goes for sell, and the higher the sell votes, the lower the price goes, then the good news is that the lower the price goes, the higher the opportunity to cast your buy votes because at some point, the buy votes will always go way higher than the sell votes which means price will go really high and then you who casted your buy votes when every other persons were casting a sell vote (thereby dragging the price down), will get to make good profit.

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[Oshosondy]

People are saying bitcoin is dead? I read on Cointelegragh few days ago that 'bitcoin is dead' on Google search engine reached all-time-high recently or something related to that. But not just that people are saying that, it is the ignorant people that are saying that and this has never been the first time. Even when bitcoin was bullish last year, 2021, could you still believe bitcoin was pronounced dead many times. Those are just people for you.

In this time of bears, the bulls gone bears because they want to become bulls again, but after the bear market, new investors that thought bitcoin was too expensive will also buy, which means more bulls. What had led to many all-time-high.

[carlfebz2]

Bitcoin is dead?
https://99bitcoins.com/bitcoin-obituaries/

I agree on what Cz said about opportunity which is definitely true but people do really freak out whenever they do see the market is really going down.If you don't know on what to do then better to observe on whats currently happening in the market.Dips and crashes are opportunities but it's up to someone whether they do take risk or not.

[Zilon]

Headlines like "Bitcoin is dead" comes from government regulated newsletters and non-investors who don't understand the mechanism and use of Bitcoin so they propagate this news and blind their minds from seeing the buy opportunity ahead in which every dip. CZ understands the price chart and how prices moves so all he sees on his chart is a buy opportunity. Bitcoin is one asset that can't return valueless. There must always be a new bull run and a higher ATH

[Maus0728]

My thoughts as well.

I don't know if this is an unpopular opinion, but I am hoping that bitcoin dumps a bit more in price for a longer period of time so I can stack as much as possible amount of sats thru freelancing and signature campaign.

Also, there is an obituary of bitcoin post saying "bITC0iN iS dEaD" -- if you don't mind me sharing HAHA..
- https://www.bitcoinisdead.org/

[danherbias07]

How many times had they done this? Yet always Bitcoin comes back to life. 
I appreciate CZ doing this kind of fight, it would best come from the known personalities so we can get more demand. We know who the enemy is trying to topple the market of Bitcoin but in the end, they always fail and will be silenced again once another ATH comes.
There's really a big difference in the type of investors now, especially the young ones, the more the government brings it down the more they will research it, buy it, and support it.

[Rufsilf]

It wasn't a new thing to hear this kind of negativity during the bear season, they simply think it was the end of Bitcoin. However, they'll never know that this was a great opportunity for the people who wants to start crypto investment. It was the fact that the majority had closed their door towards crypto while they just say they will invest when their corrections.

Well, Binance is really honest with us. He did encourage people to invest while the market is dumped, a big credit to the owner, CEO,  and team. However, they make benefit from this once these people use their platform.

[Husires]

Does the average user search on Google using keywords like “Bitcoin is dead” I thought it was a label for the panic of investors and not a phrase that they seriously search  in Google, if the price went down I would often search using “why the price fell” “Bitcoin price predictions” “News about Bitcoin"

CZ is an investor and knows that long-term investment means buying more bitcoin and therefore a quick drop in price and a quick bounce (V curve) will be beneficial for him, Binance is one of the main manipulation tools that control the price of altcoins.

[abel1337]

"Bitcoin is Dead" A common headline used by writers for years whenever there's a significant drop in bitcoin prices. CZ seems turning the FUD headline into a buying opportunity for others but I think it's not a signal for buying. There are chances that prices could dip more so it's easy to say that headlines like these are just early.  If you're old enough in this space, Headlines like these doesn't matter.

[OgNasty]

That is true until it isn't.  I worry a little that with Bitcoin's past it will be difficult for those who really believe to ever sell.  This might result in people who may have a hundred million dollar net worth now riding any crash all the way to bankruptcy.  I think while viewing everything as a buying opportunity is great historically, one day it might not be true.  For that reason I think people should remember to only invest what they can afford to lose and try to remember to diversify your holdings as your balance gets out of whack from rising or falling values. 

[Silberman]

People are saying bitcoin is dead? I read on Cointelegragh few days ago that 'bitcoin is dead' on Google search engine reached all-time-high recently or something related to that. But not just that people are saying that, it is the ignorant people that are saying that and this has never been the first time. Even when bitcoin was bullish last year, 2021, could you still believe bitcoin was pronounced dead many times. Those are just people for you.

In this time of bears, the bulls gone bears because they want to become bulls again, but after the bear market, new investors that thought bitcoin was too expensive will also buy, which means more bulls. What had led to many all-time-high.

That is just the way people think, it is true the drop in the price we saw was an important one and for some it came completely out of nowhere, but that does not mean that it is dead, but since those people are only thinking on the short term and nothing more then the drop is more than enough to justify that belief on their minds, but at the end it does not matter, if they want to believe that bitcoin is dead then they are free to think that way, as their beliefs are not enough to actually kill bitcoin.

[sklopan]

It's not the first time I've heard this, but it's more important that it doesn't come true. I think there are no fears for the implementation of such a scenario.

[palle11]

If you're old enough in this space, Headlines like these doesn't matter.

This is true and CZ has started the obvious as an exchange pioneer who has seen it all in the crypto industry. This topic never seize to come on the forum during this season of bear. This is the time that new investors rush into the market because it looks the profit level is going to be high at the time bull run starts so buying this time is to wait to join the run if bull is to start soon, either a long wait or a short waiting.

[virasisog]

It's not the first time I've heard this, but it's more important than it doesn't come true. I think there are no fears about the implementation of such a scenario.

It will never happen especially now that Bitcoin is being adopted in some countries. This bearish season is just part of its volatility cycle. It happened already before and we've heard the same sentiments from people. Those who fear this season are those who haven't known Bitcoin yet. If we've been investing with Bitcoin for years, we already had this kind of encounter and it's actually another opportunity to buy while others are in fear.

[Johnyz]

Those headlines are just trying to create panic and make Bitcoin cheap, fortunately most of us here already know what to do, to buy is the best thing to do instead of panicking. Let’s listen to this guy, he is very vocal with Bitcoin and very confident about its future, the bear market is a huge crypto sale so better not to waste this opportunity and start buying now.

[lalabotax]

Every "Bitcoin is Dead Headline" is a Buying Opportunity

Yes exactly, because this is FUD that is spread about Bitcoin. When so many people or certain particular person/parties say about "Bitcoin will be dead" and other similar FUD about Bitcoin, people start panicking. Then, the price will be dropped, so many waves of panic sell.
But, for some other certain people, this can be an opportunity to buy more Bitcoin and collect them during the crash market, at a low price. Why? Because we believe in Bitcoin and want to hold Bitcoin for the long term. This trust can lead us to hold more Bitcoin and enjoy the market when it's a bull later

[blockman]

Yes, that's absolutely the signal whenever the media tells us that bitcoin is dead and it has been said 400+ times. There's nothing new to say from them because that's the pattern that they've said to do.
And we know that every cycle, there's a big correction that happens and when that comes in, you know what you're up to and that's the time that you should be buying whether you DCA, a big purchase, or when it's about to rise again. Just buy.

[AmoreJaz]

Yes, that's absolutely the signal whenever the media tells us that bitcoin is dead and it has been said 400+ times. There's nothing new to say from them because that's the pattern that they've said to do.
And we know that every cycle, there's a big correction that happens and when that comes in, you know what you're up to and that's the time that you should be buying whether you DCA, a big purchase, or when it's about to rise again. Just buy.

with more than decade-long existence of BTC, we really have heard, read countless times BTC gone dead. and yet, BTC remains to be at the top position of this market. and i am not seeing that this will be gone soon. at least, with my opinion on this market.
if you do believe that this market will stay and further increase in the future, why not get some while we are in this bearish period? but up to your financial capability here. as we have no idea what we will encounter in the next years to come, you should assess your financials before plunging in.

[Myleschetty]

A declaration by Binance CEO- CZ

I cant agree more with this man, when other people are busy shouting "Bitcoin is dead",

When the market is in bear season, this is the normal statement of people who are naive about the concept of Bitcoin. They always say Bitcoin is dead.

CZ is saying that that is the best time to load and reload your Bitcoin bag

CZ was right but it something every sensible crypto investor ought to understand long time ago.

[Hypnosis00]

Perhaps, what you can do with your money is to invest in crypto, a great opportunity for those who have a plan to join here. In fact, if we are aware of the previous ATH, it appears after the bear season which we have now. Though I won't urge people to put risk their hard-earned money in crypto I think they also have to understand the possible return upon investing in promising coins like BTC and ETH. We are going to believe that this bear condition isn't forever the same thing as the bull market, and if we understand that, then this is our chance that we don't have to miss.