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Author Topic: Stop the panic, I doubt we will see 14k or less Bitcoin  (Read 2839 times)
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November 21, 2022, 03:15:58 PM
 #101

I know that even a newbie now can research and be familiar with btc but I think experience is still different. Once the newbie experience their first bear market, the feeling of being scared might still be there but not for an experienced bitcoiner.

someone once said: "all people have a limit to how far they can take it" that means that even someone who has been in this cryptocurrency market for years has a limit to where they can start to panic, for example if a person who is 5 years in this market and buys bitcoin at a price of 50,000$ and sees the price drop to 15000$ and does not panic, is calm and confident that the price will recover but then the price drops to 3500$ so at that time the person starts to panic, because everyone has a limit, and the limit of that person who bought at $50,000 was $3,500

When the market is recovering, a newbie can also be overwhelmed easily resulting for them to sell before the real bull run occurs but experienced bitcoiner can be able to wait for that moment and sometimes they can over hodl and miss the selling opportunity but it's fine as there will always be next time. Anything can happen here. It's possible that the market can recover now and start an immediate rally or it can also start next year. I hope all are now ready for that.

in my opinion, in this market, only those who put in money that they don't need to use in the short term profit, so that person can hold it for more than 3 or 5 years or even more years, it's not about being a beginner or not, it's about being person with great knowledge about investments and courage and financial power to be able to buy and do hodl, for example for many people who bought at $30,000 and thought they bought low at this moment have losses of 50% but as they are doing hodl for 3 or 5 years then they can wait and profit

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November 21, 2022, 04:54:32 PM
 #102

If we already know Bitcoin for at least 2 years, we will understand the current price pattern, things like this week have often happened and most people panic and sell and then a month he said regretfully because of panic, for those who have profit goals then making the price of drop is an opportunity good for buying.
During a bearish season many people who are a novice in cryptocurrency always have a remorse or a regret during the process of bearish season, because some of them panick to sell out their coins always lead's them to regret if the market recover within a short time. I think the best situation or impact to be play via investment of cryptocurrency is to ensure that yiu hold your investment for long time until the market recover totally.

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November 21, 2022, 08:45:50 PM
 #103

Panic will make us sorry for selling at a low price, if we already know Cryptocurrencies at least 2 years then don't ever panic, now the price is Dip but I'm sure next year the price will skyrocket again, and it becomes the wrong thing if we panic by selling and losing money.
sometimes Panic helps mate , there are chances that i panicked and after? then market drops bad so I saved my funds from losing big.
I really do not understand why people are so afraid of making their own decisions. That is the number one problem we have in the crypto world, there are tens of thousands, maybe millions of newbies who are not making smart decisions and end up with a ton of problems. I mean if you do not make your own decision, it’s not going to be really that much helpful for you at all, it is going to in fact hurt you more than it helps you and yet some people just don't realize that.

I know it’s not going to be that much easy to find your own moves, because what to buy is a big question and when to buy is even bigger, but if you don't find the answers yourself, others will just tell you what they want you to buy, not what they think you will profit with.

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November 21, 2022, 09:46:58 PM
 #104

Please do not panic but BTC will hit $1
Ill be buying about $100k if this one hits a buck in price. Grin

Doesnt matter whether we would be going down wayback into those early years.Honestly, this is the best time to fill up your bags.Some might be still holding their funds and wait up for the possible
bottom which is something  that cant be determine because market could really move on random way.There's no way that you could really be able to predict on where it would be heading.
If it does below 14k then so be it, my funds is already prepared in case it would really go as low of 10k which lots had been anticipating for us to go that below.
Its an opportunity and not something that indicates that this market is over.

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November 21, 2022, 09:58:32 PM
 #105

Please do not panic but BTC will hit $1
What are you saying because bitcoin cannot eat up to $1 even when it was created it was not up to some weeks the dollar rate rise above $1 so we will all people who is panicking concerning the downfall of Bitcoin or the Barish time of Bitcoin I will say that those people does not know how bitcoin work

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November 21, 2022, 11:24:56 PM
 #106

I think the earlier people realized that Bitcoin is a phoenix and the proverbial cat with nine lives, the better for the health of their heart. With that there won't be unnecessary panic whenever the media spreads FUD. What I'm saying in essence is that people shouldn't panic once a dip is sighted, especially if it's Bitcoin dip. Members who've been here since 2017 should've  figured that out by now.

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November 22, 2022, 11:00:16 PM
 #107

Please do not panic but BTC will hit $1
What are you saying because bitcoin cannot eat up to $1 even when it was created it was not up to some weeks the dollar rate rise above $1 so we will all people who is panicking concerning the downfall of Bitcoin or the Barish time of Bitcoin I will say that those people does not know how bitcoin work
Conditions now have started to be different and cannot always be worthy of being equated with the past that has become history in Bitcoin. Personally I don't feel panic about Bitcoin's fall now because I still have faith that Bitcoin can still rise again next year so there's no need to panic this year. After all, some people who did not experience losses should actually be quite relaxed about the current market conditions without having to panic with those who have lost.

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November 22, 2022, 11:54:59 PM
 #108

Please do not panic but BTC will hit $1
What are you saying because bitcoin cannot eat up to $1 even when it was created it was not up to some weeks the dollar rate rise above $1 so we will all people who is panicking concerning the downfall of Bitcoin or the Barish time of Bitcoin I will say that those people does not know how bitcoin work
Conditions now have started to be different and cannot always be worthy of being equated with the past that has become history in Bitcoin. Personally I don't feel panic about Bitcoin's fall now because I still have faith that Bitcoin can still rise again next year so there's no need to panic this year. After all, some people who did not experience losses should actually be quite relaxed about the current market conditions without having to panic with those who have lost.
You would really be that relaxed if you've been here on this market and been fully aware on whats currently happening in the market which you could really be able to handle up your emotions
in relation to the movements.I dont really care if it drops to 14k which this is only pertaining on usd value but on the coins that you are potentially earning would be more considering the lower
price which means accumulation is much more faster specially if you do have plans or target on acquiring 1 btc gradually. People are really just too impatient and do
really always love to see high prices specially on fiat value and do easily freak out when market crashes.

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November 22, 2022, 11:56:38 PM
 #109

I think the earlier people realized that Bitcoin is a phoenix and the proverbial cat with nine lives, the better for the health of their heart. With that there won't be unnecessary panic whenever the media spreads FUD. What I'm saying in essence is that people shouldn't panic once a dip is sighted, especially if it's Bitcoin dip. Members who've been here since 2017 should've  figured that out by now.

if it is btc, we don't need to stress ourselves with the panic. because in time, it will go up again. worry if you are holding a never-heard alt with no strong use case in the market. but if it is btc, it is just a matter of time before we see it soaring up again.

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November 23, 2022, 04:10:07 AM
 #110

Anything related to cryptocurrency will have its impact over bitcoin. This can happen on the positive as well as on the negative side. Now things are more to be on the bearish trend. The market of bitcoin is supposed to move high during the month of November - December. For time being the price took off and experienced massive crash over the days. The problem haven't come to an end or got a solution. So, there is more chances of downward movement reaching $14k in the upcoming days.
The positive and negative sides always come in four years, I mean the Bitcoin price trend cycle has a pattern that repeats itself in four years. Here I started to think whether this cycle is a myth or a fact. Now we are in a bearish trend, this bearish condition occurred in 2015 and repeated for the next four years in 2019.
As we have been through in the four-year cycle, after a bearish trend, the Bitcoin price is slowly moving towards a bullish trend. When conditions are experiencing a massive crash, usually investors who have read Bitcoin movements will immediately enter the market to buy it up at a low price.
Don't panic, now is the time to get Bitcoin at a discount.

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November 23, 2022, 01:49:48 PM
 #111

I think the earlier people realized that Bitcoin is a phoenix and the proverbial cat with nine lives, the better for the health of their heart. With that there won't be unnecessary panic whenever the media spreads FUD. What I'm saying in essence is that people shouldn't panic once a dip is sighted, especially if it's Bitcoin dip. Members who've been here since 2017 should've  figured that out by now.

if it is btc, we don't need to stress ourselves with the panic. because in time, it will go up again. worry if you are holding a never-heard alt with no strong use case in the market. but if it is btc, it is just a matter of time before we see it soaring up again.

We are aware of this and should not exaggerate, let alone until someone is frustrated because they see the price of bitcoin has decreased, for me this is just like a season later the price of bitcoin will return and recover again so there is no need to panic too much.
For those who feel people are panicking, we have to know about the bitcoin cycle and also some of the FUD that is being spread, it won't be completely negative, I think it's just driving opinion in the ongoing bearish period, but if those who already understand this cycle will stay calm about anything because they believe that bitcoin will definitely experience a recovery except for altcoins I don't trust it.

R


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November 23, 2022, 03:44:26 PM
 #112

Please do not panic but BTC will hit $1
What are you saying because bitcoin cannot eat up to $1 even when it was created it was not up to some weeks the dollar rate rise above $1 so we will all people who is panicking concerning the downfall of Bitcoin or the Barish time of Bitcoin I will say that those people does not know how bitcoin work
Conditions now have started to be different and cannot always be worthy of being equated with the past that has become history in Bitcoin. Personally I don't feel panic about Bitcoin's fall now because I still have faith that Bitcoin can still rise again next year so there's no need to panic this year. After all, some people who did not experience losses should actually be quite relaxed about the current market conditions without having to panic with those who have lost.
You would really be that relaxed if you've been here on this market and been fully aware on whats currently happening in the market which you could really be able to handle up your emotions
in relation to the movements.I dont really care if it drops to 14k which this is only pertaining on usd value but on the coins that you are potentially earning would be more considering the lower
price which means accumulation is much more faster specially if you do have plans or target on acquiring 1 btc gradually. People are really just too impatient and do
really always love to see high prices specially on fiat value and do easily freak out when market crashes.

I feel very comfortable seeing bitcoin drop and will be happy if it continues to fall as OP said. If fear causes bitcoin to drop to $14k or even $10k then I'm ready to panic because I want bitcoin to drop more than it is now. Simply because I want to buy bitcoin as cheaply as possible, if a few months ago with 20k$ we can only buy 1 BTC but if bitcoin dropped to 10k we will buy 2BTC for only 20k$. I don't see any losses and we are clearly on a double profit with 2BTC.

We need to remember that we are investing in bitcoin not Fiat so our duty is to own as many bitcoins as possible and this is a rare opportunity, if we let it go, there won't be a second chance.

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November 25, 2022, 06:00:05 AM
 #113

Negative news will continue to appear for bitcoin at this time, following the FTX case which is so developing on the internet, you don't need to be too skeptical about this kind of thing, because Bitcoin has gone through a long process. We just need to be calm and keep trying to buy bitcoin according to the financial capabilities we have.

Following FUD news, it will not be profitable at all, it is better to focus on the goals we want to achieve. Literally I believe, this is a preparatory step towards the next ATH. Currently Bitcoin is still holding in the $16K price range.

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November 25, 2022, 10:42:46 AM
 #114

Following FUD news, it will not be profitable at all, it is better to focus on the goals we want to achieve. Literally I believe, this is a preparatory step towards the next ATH. Currently Bitcoin is still holding in the $16K price range.
When we know that the information we read is FUD then ignoring it is the best way.
Media that doesn't like Bitcoin will not stop writing to distract the reader's focus. Moreover, the case that befell FTX will always be the subject of news to connect between crypto and Bitcoin even though it is clearly very different.

For that we need to look for some tips to anticipate ourselves so as not to get stuck with FUD.

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November 25, 2022, 11:16:58 AM
 #115

it looks like yes , though we drop down to 15k yet 14k seems to be far from happening any time this year and I assume that we will be increasing before the year ends this time.
1 week before November ends and we will count ships when December starts and I love not seeing this coming this

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November 25, 2022, 01:14:38 PM
 #116

it looks like yes , though we drop down to 15k yet 14k seems to be far from happening any time this year and I assume that we will be increasing before the year ends this time.
1 week before November ends and we will count ships when December starts and I love not seeing this coming this

Maybe the last month of the year bitcoin will not continue to fall, but for bitcoin to rise, the problem here is what catalyst for bitcoin to do that while the bad news still surrounds us. I doubt we will have a green December as the FTX crash has only just begun and it is spreading to other companies. One more thing, don't forget that the Fed will continue to raise rates, inflation has just started to fall doesn't mean they will stop raising rates.



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Rainbot
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November 25, 2022, 01:26:11 PM
 #117

Panic will only make things worse, if the majority of Bitcoin holders panic and sell it will occur greater pressure, it's time to calm down by holiday or doing a hobby that we like so that it can make wise decisions. Leave the market at this time, but we must be sure that the market is immediately rising.

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November 25, 2022, 02:24:26 PM
 #118

it looks like yes , though we drop down to 15k yet 14k seems to be far from happening any time this year and I assume that we will be increasing before the year ends this time.
1 week before November ends and we will count ships when December starts and I love not seeing this coming this
Dont you see we are still in bear market? And most investors today are not confident to buy now because of too many negative happenings in crypto in the last few months that cause panic and market capitulation and this is one of the most difficult to predict what will happen in the next few weeks, I doubt bull can recover quickly.   

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November 26, 2022, 03:16:20 AM
 #119

Too many people are working towards making the lower prices happen, between the sellers, the panic filled people, the SBF type of bad news makers, and all the twitter FUD spreaders, and the short futures buyers, they are all trying to make the lower prices possible.

As I said before, the moment it was possible to make money with shorting, the moment people realized lower price of bitcoin could still mean profit, the healthy growth of bitcoin was damaged. It still goes up in the long run, but on the short term there are a lot of people who try to take advantage of the promising future and keep crashing it and take money out of people who want to see bitcoin grow.

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November 26, 2022, 04:12:36 AM
 #120

The type of person who will regret and lose is too easy to panic, seeing the market situation which is still red as it is now, it's better to relax and do other activities, I'm sure the market will improve soon after the negative ends or it's better to buy more.
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