Stop the panic, I doubt we will see 14k or less Bitcoin

[serjent05]

The current market condition always makes me worry if I will drop again, this is a difficult choice or hold, I already intend to sell since the price of dropping below $ 30k, but I am patient because I hope the price can return to $ 35k or more, this Maybe it is my last wait and if the price does not change until early December then I will sell.

Actually, the choice is very easy, you don't have to think about it even if you bought Bitcoin at $60k.  Selling it will incur you huge losses while holding it won't.  You just need to have patience and wait fo the Bitcoin market to rally and surge.  If the price drop, DCA.  That way you can lower your purchase price average.  DCA gives you two things, lower price average, and let you accumulate more Bitcoin.  Even if the price of Bitcoin drop to 14k, just DCA and wait patiently for the new ATH.

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[Chato1977]

Literally articles are flooding saying the bottom isn't here etc etc.

The FTX thing sucked, but Bitcoin can only go so low with the amount of support it has and how integrated it has become with the banking system.

Stop the FUD.

EDIT: For those of you who seem not to remember what FUD stands for:

Fear. Uncertainly. Doubt.

when the recent bottom is 17k , many of us doubt that there will be another low but 16k happens , now it is 14k that has been spreading so better or worst, be ready for this , if it happens then we can survive and if not? then we will win.

I have to see how much of us losing in the past dumping but we already knew something like this will come so better be ready or be a loser for life.

[kotajikikox]

Literally articles are flooding saying the bottom isn't here etc etc.

The FTX thing sucked, but Bitcoin can only go so low with the amount of support it has and how integrated it has become with the banking system.

Stop the FUD.

EDIT: For those of you who seem not to remember what FUD stands for:

Fear. Uncertainly. Doubt.

Let FUD be there mate , because this is part of system and without this the market would not be as colorful as how we have now and those who brings FUD is also supporters of crypto , its just happened that they wanted to add flavor to the investors , look at how we managed to earn and lose?

[Wong Goblog]

Seeing the current market conditions certainly make many people panic, more than a week the price of bitcoin is below $ 20k and it seems that until the end of the year the price will be difficult to return to $ 20k, as investors we must be able to see opportunities and be brave to make fast decisions, And we must be optimistic that the market can rise even though it takes a long time, now is a good time to buy.

[woez]

I lke this the words "Stop the FUD" It seems that people who are confused about the future price of bitcoin are still asking whether it will go up or not. Personally, I think it will be very difficult for people to stay away from bitcoin because everyone is talking about how good an investment it is.

[Agbe]

I don't think FUD can be stopped, because it is part of human being. That is why in the investment of bitcoin it is only thick skin can survive. Whenever bitcoin goes down to it bearish level people begin to loss hope. And from the beginning of the bear market, news and experts have been forecasting  that the bear market of Bitcoin will at the level $10k which will be the worst stage or f bitcoin in this generation. Therefore, the panicking level of Bitcoiners will also increase. Even in the all time low, the thick skin will still survive.

[Nrcewker]

Literally articles are flooding saying the bottom isn't here etc etc.

The FTX thing sucked, but Bitcoin can only go so low with the amount of support it has and how integrated it has become with the banking system.

Stop the FUD.

EDIT: For those of you who seem not to remember what FUD stands for:

Fear. Uncertainly. Doubt.

Bitcoins are struggling in the 16k price segment for couple of days now. So yes, if we greed more and wait for more longer, then definitely we gonna miss the best price of the coin. People are panicking, and selling their coins, which they shouldn't do, as Bitcoins are just affected by the big whales, who are manipulating the market in order to get little profits. Just have trust on Bitcoins and wait a bit longer, then definitely, we will see a great profit in the price of Bitcoins. In the mean time we need to buy as many Bitcoins we can and hold for couple of months. Let's hope for the best.

[DudeAtWork420]

Genesis is crumbling and refuse to show their proof of reserve. If this company also file bankruptcy then we can see below 10k level. This matter is so serious because Genesis is the biggest holder of BTC and most of the institution use this platform to get interest over their BTC. This company has exposure to FTX so it is clear that they are not in a good shape right now. So i am not certain about your opinion.

[Vinaa77]

Literally articles are flooding saying the bottom isn't here etc etc.

The FTX thing sucked, but Bitcoin can only go so low with the amount of support it has and how integrated it has become with the banking system.

Stop the FUD.

EDIT: For those of you who seem not to remember what FUD stands for:

Fear. Uncertainly. Doubt.

For those who are new to crypto, of course they will panic with the sudden dump of Bitcoin prices. But for those who are experienced and have known crypto for a long time, of course seeing events like this is an opportunity. If Bitcoin drops, of course, this is an opportunity for investment, because we know that Bitcoin will be pumped again.

[Vaskiy]

Literally articles are flooding saying the bottom isn't here etc etc.

The FTX thing sucked, but Bitcoin can only go so low with the amount of support it has and how integrated it has become with the banking system.

Stop the FUD.

EDIT: For those of you who seem not to remember what FUD stands for:

Fear. Uncertainly. Doubt.

Bitcoins are struggling in the 16k price segment for couple of days now. So yes, if we greed more and wait for more longer, then definitely we gonna miss the best price of the coin. People are panicking, and selling their coins, which they shouldn't do, as Bitcoins are just affected by the big whales, who are manipulating the market in order to get little profits. Just have trust on Bitcoins and wait a bit longer, then definitely, we will see a great profit in the price of Bitcoins. In the mean time we need to buy as many Bitcoins we can and hold for couple of months. Let's hope for the best.

Right now it is time for DCA, because we're not sure whether the price will continue to decline or takes a forward move. Whales always try to manipulate the market out of the opportunities. People who fall for them will experience loss and the Whales invest at the best price. In recent days bitcoin have reached $15900 and $14k isn't much away. We need some good news rolling out to trigger the market forward.

[Alisha-k]

it is cool OP mentioned that Bitcoin can only go low depending in the strength of the support it gets. Speculating digital asset has become even more difficult. What i have resolved to do is follow where ever the direction blows if it decides to fall further i will simply buy and still wait no need for much consolations or hopes. Bitcoin will eventually do away with this phase but till then the wave leads.

[Baofeng]

it is cool OP mentioned that Bitcoin can only go low depending in the strength of the support it gets. Speculating digital asset has become even more difficult. What i have resolved to do is follow where ever the direction blows if it decides to fall further i will simply buy and still wait no need for much consolations or hopes. Bitcoin will eventually do away with this phase but till then the wave leads.

We are in a bear market, that's why it's really difficult for everyone. As you have said, it depend on us, but if there is so much FUD and then negative news, the price will surely falter as there are going to be panic sellers. And with that, we have to accept that fact, bear market brings the worst out of everyone, panic, nervous and fear. Nevertheless, this is just a test that everyone needs to understand and feel and so that the next time we experience this one, we are more tough and mentally strong not to be affected by it and on the contrary, take the opportunity to buy bitcoin at a lower and discounted price.

[STT]

I dont judge it as a bear market because it goes sideways for too long.   We rise 20% perhaps one or two weeks and people think the negatives are over but its just a longer timeline for the whole layers of BTC to filter through.   We can be at this price for at least the rest of this year, in working days thats only a month its not as long as it might appear and very often people get worn out just waiting worrying wondering what happens next when its really very little and then we do one day move larger but hard to say when.
  Neutral to negative, I still dont feel as negative to be bearish as perhaps price alone appears, and I know that the news was negative recently but a company screwing up their books and debt is not a new surprise sadly.

[Taskford]

it is cool OP mentioned that Bitcoin can only go low depending in the strength of the support it gets. Speculating digital asset has become even more difficult. What i have resolved to do is follow where ever the direction blows if it decides to fall further i will simply buy and still wait no need for much consolations or hopes. Bitcoin will eventually do away with this phase but till then the wave leads.

We are in a bear market, that's why it's really difficult for everyone. As you have said, it depend on us, but if there is so much FUD and then negative news, the price will surely falter as there are going to be panic sellers. And with that, we have to accept that fact, bear market brings the worst out of everyone, panic, nervous and fear. Nevertheless, this is just a test that everyone needs to understand and feel and so that the next time we experience this one, we are more tough and mentally strong not to be affected by it and on the contrary, take the opportunity to buy bitcoin at a lower and discounted price.

You get panic you lose so even if its hard we should learn to create something beneficial to us. And if we are losing since the value of our holding is decreasing then dumping it is one of best solution if you cannot hold it anymore but make sure to have plan on when to so buy backs since if you are easily got affected with it and leave the space then this is how you become a loser.

[milewilda]

it is cool OP mentioned that Bitcoin can only go low depending in the strength of the support it gets. Speculating digital asset has become even more difficult. What i have resolved to do is follow where ever the direction blows if it decides to fall further i will simply buy and still wait no need for much consolations or hopes. Bitcoin will eventually do away with this phase but till then the wave leads.

We are in a bear market, that's why it's really difficult for everyone. As you have said, it depend on us, but if there is so much FUD and then negative news, the price will surely falter as there are going to be panic sellers. And with that, we have to accept that fact, bear market brings the worst out of everyone, panic, nervous and fear. Nevertheless, this is just a test that everyone needs to understand and feel and so that the next time we experience this one, we are more tough and mentally strong not to be affected by it and on the contrary, take the opportunity to buy bitcoin at a lower and discounted price.

You get panic you lose so even if its hard we should learn to create something beneficial to us. And if we are losing since the value of our holding is decreasing then dumping it is one of best solution if you cannot hold it anymore but make sure to have plan on when to so buy backs since if you are easily got affected with it and leave the space then this is how you become a loser.

For those who are new into this market then it would really be inevitable for you to panic and made out some bad decisions or actions that had been made but you are the ones who do really make yourself learn
out of those experiences that you had encountered along the way.Doesnt matter if it would really be dropping below 14k or not, the important thing is that you should really know
on what you should gonna do on the time you do experience these moments.No one could ever predict on where these market would behave or goes on.
Panicking is something not could really be wiped away on this market, even lets say that there are experienced but there are times which we are emotional
where doubts on every actions is there.

[Punakawan]

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.

[crunck]

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.

It doesn't matter how long you participate in the market, the important thing is that you have enough faith in bitcoin or not, as long as you have enough faith in it, I guarantee bitcoin will never let you down.
There is no certainty next year bitcoin will skyrocket but we have hope with the market recovery after the halving occurs. Historically, bitcoin has always bounced back after halving, and this time people also believe history will repeat itself.

[dezoel]

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.

It doesn't matter how long you participate in the market, the important thing is that you have enough faith in bitcoin or not, as long as you have enough faith in it, I guarantee bitcoin will never let you down.
There is no certainty next year bitcoin will skyrocket but we have hope with the market recovery after the halving occurs. Historically, bitcoin has always bounced back after halving, and this time people also believe history will repeat itself.

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.

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.

[indah rezqi]

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.

Experience might help investors stay calm during these market situation, but I believe they care a lot about the impact.
New traders or investors who appear to be inexperienced are more likely to experience panic attacks due to falling prices. They would probably learn a lot by now about the market, but it would be best if they avoided panicking as much as possible.

$14K is another low that is only worth thinking about as a possibility during a bearish period, nothing definitive, but probably an analysis so a decision can be made. There is confidence about $12K, but this is only if the bearish trend will last longer.

[peter0425]

Bitcoin has gone a long way for its community support to go low. This kind of online propaganda has been encountered on several occasions in crypto advising people to stay off from bitcoin. At the end of it all, bitcoin will take the lead and prove all the findings wrong.

propaganda that until now gathers effect from weak and noob people in crypto.

while they enjoy the effect of manipulation , others are crying because of wrong decisioning .

Be used to this fud. Shit does happen in crypto, to test your fate in crypto. whether to learn from it or teach you a lesson

Let them learn by getting their lesson in being affected of FUD , in the end they will understand why they need to close eyes when this market happens and open back when its normal again.

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.