Rufsilf
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August 24, 2022, 01:39:17 PM |
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I am very disappointed with the state of Bitcoin in the current market. Because last week its price was 24000 dollars but now it shows 21 thousand dollars. I want to know from you, is the price of Bitcoin likely to fall further?
It was really confusing for a beginner who have missed the chance to check the price chart many years ago. Because if you see it, price fluctuations can be obviously seen and this is why the crypto market has been called a high-risk investment due to uncontrolled market trends. Volatility is hard to deal with for newcomers but if you can adapt to the situation, that was not bothering you why this is happening. If you can see the price of Bitcoin at $21k today, never expect it will stay that line by tomorrow, changes will come next.
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ethereumhunter
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August 24, 2022, 04:39:46 PM |
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I am very disappointed with the state of Bitcoin in the current market. Because last week its price was 24000 dollars but now it shows 21 thousand dollars. I want to know from you, is the price of Bitcoin likely to fall further?
What would you do if the bitcoin price dropped further? Would you sell your bitcoins and exit the market at a loss? I don't think it would be recommended because if you can be more patient by holding the bitcoins you have and waiting for the price to go up again, you will get the opportunity to sell bitcoins at a higher price than now. We can only predict where bitcoin will move but don't know if bitcoin will indeed move as we predict. It all depends on your decisions in the face of turmoil in the market.
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ShowOff
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August 24, 2022, 05:06:49 PM |
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I am very disappointed with the state of Bitcoin in the current market. Because last week its price was 24000 dollars but now it shows 21 thousand dollars. I want to know from you, is the price of Bitcoin likely to fall further? The price of bitcoin is very volatile by nature and we can't really predict it with an almost perfect exact score. You must understand that the price of bitcoin has two directions, it can be high and it can be low following the market trend. You can convince yourself to hold on to the correction if you really believe that in the long term the price will go higher. Support can always be expected, but you don't need to be confused about why the price keeps correcting from time to time because that is normal. If we can expect it to go up, then we can also expect it to fall deeper. But if you don't panic then take a chance on every drop you see to buy more. That strategy has benefited many people, not only me but also others. Do it at your own risk.
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XwWnu
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August 24, 2022, 05:33:34 PM |
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I am very disappointed with the state of Bitcoin in the current market. Because last week its price was 24000 dollars but now it shows 21 thousand dollars. I want to know from you, is the price of Bitcoin likely to fall further?
while we are still holding on to the support price, because $20k in my opinion is a strong support, it is evident that the past few days have fallen from $24k to $21k and bitcoin is still holding above $20k, of course this is a good sign, because the bears are still not overly strong.
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judaspriest
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August 24, 2022, 07:06:02 PM |
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don't be confused about bitcoin volatility, because this is a natural thing, if you get into cryptocurrency trading, of course you have to learn the importance of technicals, both analysis and fundamentals.because bitcoin is very wild, what you have seen is the proof, yesterday at $24k then the next day the price of bitcoin to $21k that's the specialty of bitcoin ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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CryptoBuds
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HODL
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August 25, 2022, 01:03:26 AM |
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I am very disappointed with the state of Bitcoin in the current market. Because last week its price was 24000 dollars but now it shows 21 thousand dollars. I want to know from you, is the price of Bitcoin likely to fall further?
Yes, when the portfolio shrinks significantly, it can be quite unpleasant. In the crypto market, such fluctuations are normal, and you should get used to them if you want to survive. Bitcoin has always been labeled as a risky investment because of its short-term volatility, but in the long-term bitcoin will not let you down. Bitcoin drops from 24k to 21k in a day and may even drop below 20k, who knows? but as long as you hold tight, once the bulls appear, bitcoin can reach $70k-100k. Bitcoin only rewards those with a long-term vision.
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Shasha80
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August 25, 2022, 01:28:07 AM |
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I am very disappointed with the state of Bitcoin in the current market. Because last week its price was 24000 dollars but now it shows 21 thousand dollars. I want to know from you, is the price of Bitcoin likely to fall further?
After Bitcoin's rise to the price of $24k many people hoped Bitcoin would continue to rise. But the fact is that Bitcoin has suddenly dropped to $21k, and there is still a possibility that Bitcoin will drop even lower. But if Bitcoin falls even lower, no one will know the lowest Bitcoin price. That is why investing in Bitcoin is high risk, because Bitcoin price movements are very difficult to predict. So instead of our time is spent thinking how far the price of Bitcoin will fall and eventually make us put off buying Bitcoin. We'd better learn from the history of Bitcoin's movement that Bitcoin can always recover how deep its price fell. So there is no need to worry if the price of Bitcoin does not move according to our expectations, which is certain as long as we believe in the future of Bitcoin, and holding Bitcoin until the price goes up again, we can make big profits from Bitcoin. My advice is not to wait for Bitcoin to hit its lowest price to buy Bitcoin and not to be confused by Bitcoin's downward movement. We just need to focus on collecting as much Bitcoin as possible and holding it until the Bitcoin price reaches the target we want, if we really want to make a big profit from Bitcoin.
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LogitechMouse
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August 25, 2022, 02:43:23 AM |
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I am very disappointed with the state of Bitcoin in the current market. Because last week its price was 24000 dollars but now it shows 21 thousand dollars. I want to know from you, is the price of Bitcoin likely to fall further?
Newbies are the ones who are asking these kind of question the most and I understand because maybe it's your first time to see this kind of movement from the market. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) However, we don't know what will be the future movement of Bitcoin or at least nothing knows with 100% accuracy. We can say that it might fall further but the opposite happen and vice versa. You are disappointed maybe because you are at a loss right now. Just be patient and stay calm. A $3000 price drop of Bitcoin is nothing compare to it's recent drop from $69,000 all the way to $18,000. I've seen numerous drops of more than $3000 already but I stayed calm an see it as an opportunity to buy more. Just an advice If you have spare money, try to accumulate more Bitcoin. If you believe that Bitcoin will go up in the future, accumulate more. If you trust Bitcoin then accumulate more. Remove panic and impatience and focus on accumulating.
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lienfaye
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August 25, 2022, 03:09:37 AM |
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I am very disappointed with the state of Bitcoin in the current market. Because last week its price was 24000 dollars but now it shows 21 thousand dollars. I want to know from you, is the price of Bitcoin likely to fall further?
No one knows for sure thus what we can do is to wait. If you invest in crypto, it takes a lot of patience because you cant expect the market to move the way you wanted it to be. Many investors here already used to this kind of movement hence they're not asking a similar questions. So learn to wait and be positive to refrain yourself committing wrong decision because of your worries.
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Tony116
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August 25, 2022, 03:37:02 AM |
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I am very disappointed with the state of Bitcoin in the current market. Because last week its price was 24000 dollars but now it shows 21 thousand dollars. I want to know from you, is the price of Bitcoin likely to fall further?
Why are you worried, bitcoin has dumped from $70k to $17k and you're still here with us. So why are you disappointed when bitcoin goes from $24k to $21k. Is that a serious drop? Investing in bitcoin you should be patient, and not in a hurry that will lead to wrong decisions. Bitcoin may fall further but will also rise again, bitcoin price prediction is useless, as it is very volatile. You should collect bitcoin every time it drops more instead of being disappointed, when the price of bitcoin goes up you will be more and more frustrated because you didn't buy cheap bitcoin.
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btc78
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August 25, 2022, 03:42:15 AM |
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I am very disappointed with the state of Bitcoin in the current market. Because last week its price was 24000 dollars but now it shows 21 thousand dollars. I want to know from you, is the price of Bitcoin likely to fall further?
Why are you worried, bitcoin has dumped from $70k to $17k and you're still here with us. So why are you disappointed when bitcoin goes from $24k to $21k. Is that a serious drop? it is 68k mate and bitcoin never crossed that 70k , Not yet lol. but the sentiment is the same , why being upset when bitcoin had climbed so much high and fall so much low recently and more worst than what he was pointing. Investing in bitcoin you should be patient, and not in a hurry that will lead to wrong decisions. Bitcoin may fall further but will also rise again, bitcoin price prediction is useless, as it is very volatile. You should collect bitcoin every time it drops more instead of being disappointed, when the price of bitcoin goes up you will be more and more frustrated because you didn't buy cheap bitcoin.
unless he can take the perfect timing when the price is in increasing position and he managed to buy that time ,then he will get His bonus shortly .
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Fundamentals Of
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August 25, 2022, 04:06:39 AM |
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Don't ask presuming that we also know. That might only disappoint you more. If others would say no it doesn't fall further from here anymore, and the price fell further, you will get disappointed. If others say yes the price would fall further from here, and the price didn't fall but rise instead, you would also get disappointed for getting the wrong prediction.
So I would just say that expect nothing too much. Be open to all the possibilities. The price could actually fall further but it is also a possibility that it would instead recover. Just hodl and think of the long term.
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Paul Pogba
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August 25, 2022, 04:54:11 AM |
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I am very disappointed with the state of Bitcoin in the current market. Because last week its price was 24000 dollars but now it shows 21 thousand dollars. I want to know from you, is the price of Bitcoin likely to fall further?
Bitcoin is more than 10 years old, sharp price fluctuations are common, 2017 when the bitcoin price hit $19k then dropped below $3500 made me think that bitcoin has no hope and future anymore, but it only took about 3 years to skyrocket reach over $69k or over 20x.
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Agbe
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August 25, 2022, 05:12:40 AM |
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I am very disappointed with the state of Bitcoin in the current market. Because last week its price was 24000 dollars but now it shows 21 thousand dollars. I want to know from you, is the price of Bitcoin likely to fall further?
you should not be disappointed of bitcoin. Anyone who is disappointed on bitcoin does not know the basic meaning of bitcoin. Remember bitcoin is a decentralized currency which means no body control the rising and falling price of it. Therefore, it is very much possible for bitcoin to come down drastically. That is why anyone that deal with bitcoin must wear the thick skin to avoid disappointment and confusion. Yes when bitcoin climb to $24k I was also thinking that it would go up and the bear market has ended but ironically it comes down again. So with that I have to suspend most my expensive at the moment. The price of bitcoin is unpredictable, nobody sees the future of bitcoin but everyone can only give or drop a guest work. And the guest work is falling people. Me, I was even predicting that bitcoin will not come down below 24k but today I can not predict again, because if I do I might got the same result.
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Strongkored
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August 25, 2022, 06:17:53 AM |
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I am very disappointed with the state of Bitcoin in the current market. Because last week its price was 24000 dollars but now it shows 21 thousand dollars. I want to know from you, is the price of Bitcoin likely to fall further?
You are disappointed because you do not know how the price of Bitcoin is always volatile even when the bullish trend Bitcoin price is still possible to go down, it is impossible to expect the price to continue to rise accordingly because the market determines it. Many reviews about it and every time the price goes up there will be a review that the price will go down soon and vice versa.
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Untomabur
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August 25, 2022, 01:02:41 PM |
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I am very disappointed with the state of Bitcoin in the current market. Because last week its price was 24000 dollars but now it shows 21 thousand dollars. I want to know from you, is the price of Bitcoin likely to fall further?
Bitcoin is more than 10 years old, sharp price fluctuations are common, 2017 when the bitcoin price hit $19k then dropped below $3500 made me think that bitcoin has no hope and future anymore, but it only took about 3 years to skyrocket reach over $69k or over 20x. that's why whales confuse us, because the more we get confused by the very volatile price of bitcoin, the more it will trap us, even in bear markets I'm sure there are a lot of cut loses and Fud scattered around, that's why whales want to buy cheap!, so don't confused and keep holding the Bitcoin you have
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Wexnident
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August 25, 2022, 02:13:08 PM |
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First time? I reckon you should just let it go if you're not shorting, but if you are then I don't see any reason why you should be confused or disappointed, rather you should take advantage of differences in prices like this to profit. Price dropping down isn't an impossibility, you as well as us don' really have foresight so we don't really know what exactly is going to happen in the future. I honestly want you to just experience maybe this season without expecting much so that you can realize that this kind of changes is rather normal in the market.
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Iranus
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August 25, 2022, 02:19:04 PM |
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I am very disappointed with the state of Bitcoin in the current market. Because last week its price was 24000 dollars but now it shows 21 thousand dollars. I want to know from you, is the price of Bitcoin likely to fall further?
Why are you disappointed when bitcoin prices drop? I think it's a good thing because you will be able to collect bitcoin at a substantial discount when bitcoin prices drop. When the price of bitcoin increases but you don't have bitcoin in hand, how can you be happy so now take advantage of buying more bitcoin for yourself? Bitcoin decreases or increases that is the cycle of bitcoin, the stronger the decrease, the stronger it increases, so you don't need to worry too much about bitcoin but worry about your pocket.
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WeedGoW
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August 25, 2022, 06:23:50 PM |
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I am very disappointed with the state of Bitcoin in the current market. Because last week its price was 24000 dollars but now it shows 21 thousand dollars. I want to know from you, is the price of Bitcoin likely to fall further?
Why are you worried, bitcoin has dumped from $70k to $17k and you're still here with us. So why are you disappointed when bitcoin goes from $24k to $21k. Is that a serious drop? Investing in bitcoin you should be patient, and not in a hurry that will lead to wrong decisions. Bitcoin may fall further but will also rise again, bitcoin price prediction is useless, as it is very volatile. You should collect bitcoin every time it drops more instead of being disappointed, when the price of bitcoin goes up you will be more and more frustrated because you didn't buy cheap bitcoin. Comparing the drop between ATH to ATL vs the drop between $24k to $21k or around 20% is a very long stretch. It's more about the market looking grim and investors' trust slowly dries out. It might hurt the potential chance of BTC rising again. Sure BTC will rise again but how much if it has dropped at a low price for too long? Do you expect someone who bought BTC at 20k won't sell and keep on holding when it hit, say 30k? His worry and disappointment are not unfounded.
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suzanne5223
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August 25, 2022, 07:29:14 PM |
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I am very disappointed with the state of Bitcoin in the current market. Because last week its price was 24000 dollars but now it shows 21 thousand dollars.
You are disappointed with the market trend of Bitcoin because you don't understand how it works. Bitcoin price operated in a 4years cycle and we're currently in the market winter season which is also the best entry time and I will advise you to make use of the market dump in price advantage and hold till the next halving market ( which will happen in 2024) instead of you beating yourself on something you can never change. I want to know from you, is the price of Bitcoin likely to fall further?
Yes, the price of Bitcoin will likely dump in the future market and I expect BTC to achieve its bottom price during Q4.
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