Why You should not worry about BTC price action

[Tony116]

This is not the first time bitcoin has plummeted, it is a part of bitcoin history today. We have already seen the price drop as a sign that we are about to have a new ATH for next season, we have to wait for it to happen. I hope newbies on the forum calm down and don't dump when seeing this photo, we have to be patient don't sell for any reason, bulls will come to pick us up again.

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[lixer]

If you are experienced enough with the trading,you will not look into this.Because the price of bitcoin is based on the halves.It’s essential to hold till the next halves,which is 2024.It may be seems very longer.But the important one is holding.Many people losing their money by just selling then and their.Don’t get any panic,when the market was in the negative side.

Will not look into what? Price action or price movements? But I think that was an essential part for the traders. They used that to predict the market. If you mean to say to not worry well that is possible since they are experienced anyway but there are times where they can not helped it. The worry is not only lite though and it does not lead for them to quit.

There are bots that are invented in trading which is perfect to use if we are too emotional or if we are worrying too much. Halving is said to help the price rise but btc isn't only based on that alone. Also hodling till the next halve is too long and not all are willing to do that. It is still possible to profit nowadays.

[coupable]

This is not the first time bitcoin has plummeted, it is a part of bitcoin history today. We have already seen the price drop as a sign that we are about to have a new ATH for next season, we have to wait for it to happen. I hope newbies on the forum calm down and don't dump when seeing this photo, we have to be patient don't sell for any reason, bulls will come to pick us up again.

Those who are still affected by the price movement are either psychologically susceptible beginners or investors who aspire to profit at the near or medium level. As i said before, the principle of "offer and demand" is affected by the psychology of users and not by the real need to offer or demand it, since most users are investors and do not use Bitcoin in their businesses such as using it to buy and sell products.

[wmaurik]

Those who are still affected by the price movement are either psychologically susceptible beginners or investors who aspire to profit at the near or medium level.

I think Yes, it is clear and it is true. Because they still really want to get profits quickly and also in the near future so they never use patience in every case and condition. I think that kind of person will always be more afraid when the price of the coin he owns has decreased and will immediately choose to sell it immediately without remembering to stay in such a position.

[barbara44]

If you are experienced enough with the trading,you will not look into this.Because the price of bitcoin is based on the halves.It’s essential to hold till the next halves,which is 2024.It may be seems very longer.But the important one is holding.Many people losing their money by just selling then and their.Don’t get any panic,when the market was in the negative side.

Will not look into what? Price action or price movements? But I think that was an essential part for the traders. They used that to predict the market. If you mean to say to not worry well that is possible since they are experienced anyway but there are times where they can not helped it. The worry is not only lite though and it does not lead for them to quit.

There are bots that are invented in trading which is perfect to use if we are too emotional or if we are worrying too much. Halving is said to help the price rise but btc isn't only based on that alone. Also hodling till the next halve is too long and not all are willing to do that. It is still possible to profit nowadays.

I am sure that what he meant was not look into this as the only thing. If the meaning was do not look at price action at all, never, then it is going to be quite a tough challenge. But, if we are talking about just a small time and period, then I would understand. Sure there are moments in crypto when the price looks like it is going to go down, and all the data shows that but it goes up. That type of movements where we are shocked about the result could happen at all times and that's fine.

I personally believe that just because unexpected stuff could happen doesn't mean that we should keep doing that at all times, we should be moving towards another method eventually.

[justdimin]

Those who are still affected by the price movement are either psychologically susceptible beginners or investors who aspire to profit at the near or medium level.

I think Yes, it is clear and it is true. Because they still really want to get profits quickly and also in the near future so they never use patience in every case and condition. I think that kind of person will always be more afraid when the price of the coin he owns has decreased and will immediately choose to sell it immediately without remembering to stay in such a position.

I think it's mainly the newbies, I mean sure it's not the biggest deal ever, but at the same time we are talking about a situation where it's going to pass and people will become better, same people who make these mistakes when they are newbies, will not make the same mistakes when they are veterans.

This is not a big trouble, if you think bitcoin is a get rich quick thing, and you make losses based on movements and get scared and sell, then you are going to get it better for sure. This is why I believe that people should not be focusing on these people, just realize that they are newbies and all will get better in the end.

[ethereumhunter]

Those who are still affected by the price movement are either psychologically susceptible beginners or investors who aspire to profit at the near or medium level.

I think Yes, it is clear and it is true. Because they still really want to get profits quickly and also in the near future so they never use patience in every case and condition. I think that kind of person will always be more afraid when the price of the coin he owns has decreased and will immediately choose to sell it immediately without remembering to stay in such a position.

They will never make big profits if they stay that way because they can't hold their coins until the price increases again. But most people will behave like that, selling their coins when the price drops instead of selling at the highest price because they always expect the price to continue to increase. Maybe sometimes it can happen but we also have to know that the price can't always be like that so we have to be prepared if another decline occurs.

[wmaurik]

They will never make big profits if they stay that way because they can't hold their coins until the price increases again. But most people will behave like that, selling their coins when the price drops instead of selling at the highest price because they always expect the price to continue to increase. Maybe sometimes it can happen but we also have to know that the price can't always be like that so we have to be prepared if another decline occurs.

At first glance, this is the behavior of newbies who do not care about their own assets (including assets such as Bitcoin) so they prefer to sell them when prices are falling because they think that prices will continue to decline. Even though the best coins like Bitcoin can always stay in a good position and are also in demand by many people so selling them at low prices is a mistake because they don't defend themselves.

[Smack That Ace]

I've come to terms with waiting a few years before I can see a possible recovery in order to sell, I'm not too worried despite the upsetting situation in the market and the economy in general. Having made that mistake in the past, where I abandoned Bitcoin in 2018, only for it to recover two years later, rendering it one of the largest mistakes I made involving cryptocurrencies, as it was an opportunity that could possibly result into thousands in profit.

Bitcoin investors who missed out on bitcoin in 2018 or before, will not be scared off by this drop and will view it as a long-awaited opportunity, chance to own cheap bitcoin.

I won't make the same mistake again, bear market, I'm not scared or worried instead I'm glad I bought some bitcoins for under $20k. I think I will no longer have a chance to buy bitcoin at low price when bitcoin hit an ATH of 69k, last year.

[FanEagle]

I think it's mainly the newbies, I mean sure it's not the biggest deal ever, but at the same time we are talking about a situation where it's going to pass and people will become better, same people who make these mistakes when they are newbies, will not make the same mistakes when they are veterans.

This is not a big trouble, if you think bitcoin is a get rich quick thing, and you make losses based on movements and get scared and sell, then you are going to get it better for sure. This is why I believe that people should not be focusing on these people, just realize that they are newbies and all will get better in the end.

People becoming veterans have a different amount of time. Some people start as newbies and in a year they are already veterans because they saw many things happening at the same time, and they knew a bit of finance beforehand. Some people do not become veterans for many years like me, I didn't get the idea for a long time.

I didn't think bitcoin was a get rich quick thing, but I always believed that it could crash; which resulted with me selling for a loss many times back in the day. All the above, ever since 2017 peak, I know what's going on and I make moves based on that. It certainly did help me and I have been making a good chunk of profit since then.

[Paul Pogba]

Whatever happens to the bitcoin price volatility then I'm sure it's only temporary, with the growing global community making me optimistic that slowly the price will skyrocket again, the low price now is a good opportunity to buy.

[Minecache]

They will never make big profits if they stay that way because they can't hold their coins until the price increases again. But most people will behave like that, selling their coins when the price drops instead of selling at the highest price because they always expect the price to continue to increase. Maybe sometimes it can happen but we also have to know that the price can't always be like that so we have to be prepared if another decline occurs.

At first glance, this is the behavior of newbies who do not care about their own assets (including assets such as Bitcoin) so they prefer to sell them when prices are falling because they think that prices will continue to decline. Even though the best coins like Bitcoin can always stay in a good position and are also in demand by many people so selling them at low prices is a mistake because they don't defend themselves.

It's not that they don't care about their assets, it's that they have no expertise and are afraid of losing money. As they have never experienced a bitcoin drop before, they will be panicking when they see a 60-70% drop in bitcoin, even though this is a completely normal thing for us to experience on a regular basis. Bitcoin has always held its position as the most valuable coin in the market and bitcoin in the long term is a consistently good growing asset.

[Agbe]

()

Wow!!! This is nice analysis with a nice pictorial chart that tells the model of prices on the bitcoin market from 2010 to 2022. But the subject is contradicting the whole content.

Only newbies in crypto would be afraid to the current price of BTC. For us that have been here for some years in crypto space, we're already used to this market situation and we know that this is the best opportunity to buy bitcoin and prepare for the next market cycle. As for me, I'm waiting if btc will stabilize at this price until October or before the year ends as I think we will dump more hitting $13-15k range.

Really, it is newbies that will be afraid of the bear market right now. And also for those who think that this is the best time in the bitcoin Market should be careful because they should not buy what they can lose and cry later. It is not even those who were in the bitcoin space but for those who have the confidence and faith in the market. If you do not have thick skin in the market, you will just collapse. And one thing the buys should know is that there is risk in every business but how you take manage the business in bear market is the real matter.

[virasisog]

()

Wow!!! This is nice analysis with a nice pictorial chart that tells the model of prices on the bitcoin market from 2010 to 2022. But the subject is contradicting the whole content.

Only newbies in crypto would be afraid to the current price of BTC. For us that have been here for some years in crypto space, we're already used to this market situation and we know that this is the best opportunity to buy bitcoin and prepare for the next market cycle. As for me, I'm waiting if btc will stabilize at this price until October or before the year ends as I think we will dump more hitting $13-15k range.

Really, it is newbies that will be afraid of the bear market right now. And also for those who think that this is the best time in the bitcoin Market should be careful because they should not buy what they can lose and cry later. It is not even those who were in the bitcoin space but for those who have the confidence and faith in the market. If you do not have thick skin in the market, you will just collapse. And one thing the buys should know is that there is risk in every business but how you take manage the business in bear market is the real matter.

Long-time Bitcoin investors already know that this is what we should deal with. The price might change anytime but we're used to it since it already happened before. We already know how to take advantage of every market situation and I guess it's what newbies should try to learn. We've been beginners before and we're also easily affected by FUD but as time passes by, we learned that the bear season is an opportunity and not a crisis.

[Jatiluhung]

I am not at all worried about bitcoin price fluctuations. I'm more worried about the resilience of my money to keep buying bitcoins. I hope my money can continue to be available to buy bitcoin in every drop.

[TelolettOm]

Yes indeed, one of the reasons why I must not worry about this current Bitcoin price condition is that of the history of Bitcoin price itself, the cycle of the bearish and bullish periods. This is always happening and around us, right? We may now face the down market of BTC. But we know and trust how worthy and valuable Bitcoin is. It is only a matter of time of the cycle. Once the bearish market end, Bitcoin will just wiatfor litle bit moment to rise up and reach the revous ATH again. ALthough the price is still seculative, but most of us agree that Bitcoin will then [ump again after the bearish market is ended.

[gunhell16]

Honestly, there is really nothing to worry about with the volatile price of Bitcoin in this industry. There really is a harvest season and a drought season, just like what happens here in the world of the Bitcoin industry there is a Bull and Bear market season. By this time anyone here has had the opportunity to buy and sell correctly no matter how much Bitcoin they hold. Then this is really the cycle or ecosystem of this world of digital currency.

[South Park]

Honestly, there is really nothing to worry about with the volatile price of Bitcoin in this industry. There really is a harvest season and a drought season, just like what happens here in the world of the Bitcoin industry there is a Bull and Bear market season. By this time anyone here has had the opportunity to buy and sell correctly no matter how much Bitcoin they hold. Then this is really the cycle or ecosystem of this world of digital currency.

It is a nice analogy, just as there are different seasons when it comes to the weather the same happens to the market, however that does not stop people from wishing that it was always sunny and to even believe such a thing is even possible, and that is when people get in trouble, I think we can enjoy a bull market due to the massive profits we can get with it but that also means that we need to always be on or guard, as the more incredible the bull market then the greater the crash that we will get to see which is brought by the bear market.

[BuNga_cute]

Yes indeed, one of the reasons why I must not worry about this current Bitcoin price condition is that of the history of Bitcoin price itself, the cycle of the bearish and bullish periods. This is always happening and around us, right? We may now face the down market of BTC. But we know and trust how worthy and valuable Bitcoin is. It is only a matter of time of the cycle. Once the bearish market end, Bitcoin will just wiatfor litle bit moment to rise up and reach the revous ATH again. ALthough the price is still seculative, but most of us agree that Bitcoin will then [ump again after the bearish market is ended.

It is true to further convince us that the price of Bitcoin will recover again, we can study the history of Bitcoin movement. From there we will know
Bitcoin has been dumped not once, but several times the price of Bitcoin dumped, but interestingly how deep the price of Bitcoin falls, surely Bitcoin
will always recover again. Therefore we do not need to panic and worry about what is happening to the Bitcoin price today. If there are people who
still doubt the future of Bitcoin, I am very sure that person has not learned Bitcoin from a trusted source. Because if we learn about the crypto
world correctly and from trusted sources, we will definitely be optimistic that Bitcoin will recover soon. Therefore, instead of worrying about when
Bitcoin will recover, we better focus on collecting as much Bitcoin as possible. So if it turns out that Bitcoin suddenly recovers we can make a big profit.

[ireor]

I am very optimistic about Bitcoin, but I think we might have a saturation point within few years where the aggressive investors and panic sellers might come together in an equilibrium state and Bitcoin won't be as much volatile against world developments as it is today! We will see much more utilization and realize the true potential of crypto along with the underlying technological asset, the blockchain!