How do you interpret the fluctuation of Bitcoin price ?

[midasjohn]

I believe from my 11 years experience, that we will bottom somewhere around $8K after the CBDC and Western Hemisphere Vendetta begins and smashes the idiots out of the space. Then we true hodlers can enrich ourselves still further. It's so long since I posted many many years ..... these times are bringing the true spirit back again. Hodl On! (p.s. be careful as we may go much lower than that - it's a wonderful opportunity for those who missed the foundation years)

[AnonBitCoiner]

Ups and downs are a realistic portion of crypto market so we should not worries about it. If bitcoin price drops so it's also beneficial because lots of people are in desires to make investment in Bitcoin so this is the best chance for them to make investment.

In my opinion if bitcoin drops even more than this, bitcoin will always be the foremost option for investors. According to the market experts the cost of coins is greatly concerned with information about coins some people spread wrong information so therefore the price downs and it spreading of good information initiate then the price ups.

[Bananington]

What do you think of the recent drop of Bitcoin price ? Please share your views.

It is expected and the recent drop is not the worse that bitcoin investors have experienced. The recent drop can be discouraging for new Investors who just purchased bitcoins this year and were expecting that the days of bitcoin dropping in price ended with last year, and that this year was just going to be a steady climb. A drop in the price of bitcoin always brings you back to the reality that it can happen. To avoid panicking that can lead to you deciding to sell the bitcoins you have, get used to the feeling so you do not make emotional decisions.

[South Park]

Bitcoin price has dropped below $20k from the recent high of $25k in mid February. Personally I have no problem with this fluctuation because compared to altcoins and taking the bear market into consideration, Bitcoin is still reliable and the volatility is pretty reasonable. For new potential investors, is this still a good time to invest in Bitcoin ? What do you think of the recent drop of Bitcoin price ? Please share your views.

There is not much to interpret since this is simply how bitcoin moves, there were some users predicting we could see another important growth during this month, but such a thing would have brought the price close to 30k, and with the halving so far away it seemed as if it was too soon for such a price to be reached, so a drop on the price makes sense, however what is surprising about the current movement is that during some minutes the 20k floor was broken, which I personally thought we have left behind for good already.

[Bushdark]

Bitcoin price has dropped below $20k from the recent high of $25k in mid February. Personally I have no problem with this fluctuation because compared to altcoins and taking the bear market into consideration, Bitcoin is still reliable and the volatility is pretty reasonable. For new potential investors, is this still a good time to invest in Bitcoin ? What do you think of the recent drop of Bitcoin price ? Please share your views.

We need to be patient as an investor and we don't need to be following the market back to back when we are not yet a trader. Bitcoin is a volatile asset and we should be ready for anything that would happen whether is it good or against our wish. Bitcoin was able to reach $25k late February and now it is back to $19k making our to be skeptical and thinking whether we should buy or not. As a Bitcoin holder or any cryptocurrency we need to be ready for the swinging of the market price which also include new projects that is entering into the market.

[decodx]

When it comes to Bitcoin price fluctuation, I totally get where you're coming from. But, Bitcoin still seems to be a pretty safe bet, especially if you consider the recent bear market. As for investing, that's always a tough call, right? I mean, there's no telling what could happen tomorrow! Bitcoin is known for its volatility, and let's be real, investing is always a gamble. But hey, sometimes taking risks pays off big time!

Personally, I'm not too worried about it. These things tend to happen, right?

[Fivestar4everMVP]

It's a good time to buy more bitcoin I suppose, I mean if I have plans of buying bitcoin at the moment, now is a good time to buy.

Those who are following the news knows why the entire market is bleeding, not just bitcoin, so it's not entirely a new thing, sooner than we expect, bitcoin is gonna be back above $25k and above, so, there is absolutely no panic for those already understand this market.

[FireDAOJackie_Z]

When it comes to Bitcoin price fluctuation, I totally get where you're coming from. But, Bitcoin still seems to be a pretty safe bet, especially if you consider the recent bear market. As for investing, that's always a tough call, right? I mean, there's no telling what could happen tomorrow! Bitcoin is known for its volatility, and let's be real, investing is always a gamble. But hey, sometimes taking risks pays off big time!

Personally, I'm not too worried about it. These things tend to happen, right?

Well, I really like the way you interpreted: investing is always a gamble, which is simple, direct and effective. Most comments on this thread are reasonable based on facts and their experience/confidence, sometimes investors' confidence plays a big role. However, the problem is that very few of them could admit that investment is another form of gamble. If anyone believes this is a good time to buy in Bitcoin, then just do it. Otherwise they should hold their wallet tight. Too much analysis might affect the right decision and miss the opportunity in general.

[nullama]

Bitcoin price has dropped below $20k from the recent high of $25k in mid February. Personally I have no problem with this fluctuation because compared to altcoins and taking the bear market into consideration, Bitcoin is still reliable and the volatility is pretty reasonable. For new potential investors, is this still a good time to invest in Bitcoin ? What do you think of the recent drop of Bitcoin price ? Please share your views.

Bitcoin is an appreciating asset in long term, with high volatility in the short term.

You will see the price moving up and down since the entire world is buying and selling 24/7 for many different reasons.

But, at the end of the day, every roughly 4 years the new batch of Bitcoins produced is halved, so that means there's less Bitcoins moving around for the people that want it.

Even assuming the same amount of people want to buy, this means the price will go up.

And the thing is that over time, there's always more and more people interested in becoming free of fiat.

Eventually, the price will just continue to go up over a long period of time.

So, it doesn't matter too much when you start, but for how long you've been accumulating(saving) your money in Bitcoin.

[ilovealtcoins]

The price of Bitcoin fluctuates due to two reasons: demand and supply. The more people are willing to buy and sell a cryptocurrency, the higher it will be traded at. The second factor can be seen in terms of exchange from fiat currencies into Bitcoin; with more exchange happening on exchanges, the price rises because there are more people willing to buy it.

The value of any asset or commodity depends on supply and demand. However, with the bitcoin market being a small and speculative market, its price is still manipulated by financial sharks. Bitcoin was a currency revolution, but it was eventually manipulated by sharks, and they created more shitcoins, thereby creating a money game market where we compete for each other's money. In the future, cryptocurrency will likely be an important industry for the world economy, but for now, it is a big gamble.

[Zorigi]

Of course, with this decline, I am not surprised because bitcoin is indeed volatile, and at the same time it opens up space for new investors who want to try investing in bitcoin.
and also opening space for old investors, by not missing this good opportunity by being able to buy bitcoin again and of course it will be even more good if you use the DCA system.

but sometimes I wonder why there are always selling bitcoin at a loss when the market is down....

[ethereumhunter]

The important thing is that potential new investors can accept the risks involved in investing in bitcoin and know that the crypto market will fluctuate more often. If they can accept the risk, they can invest in bitcoin immediately and keep it long-term. This decline may still occur and we just need to be prepared for it and buy bitcoin at low prices.

But the fluctuations in the crypto market can be overcome by studying where the market is moving so we can use it for our benefit. And don't be afraid of these fluctuations because after this decline, we will surely see a reversal and price recovery again.

[Nrcewker]

Bitcoin price has dropped below $20k from the recent high of $25k in mid February. Personally I have no problem with this fluctuation because compared to altcoins and taking the bear market into consideration, Bitcoin is still reliable and the volatility is pretty reasonable. For new potential investors, is this still a good time to invest in Bitcoin ? What do you think of the recent drop of Bitcoin price ? Please share your views.

Listen, mate, you need to understand first when and why the price of bitcoin gets affected. So unlike any other asset, Bitcoins also follow the policy of supply and demand. So when the demand for the coin increases, the price increases, and since bitcoins are limited in number, no more can be created. And the reverse happens when the demand decreases. So this price drop is very normal, to be honest. Yes, I agree that this price drop has brought new opportunities to buy the bitcoins at a low price, so without wasting any more time, I would suggest everyone buy the coins.

[kryptqnick]

Like the op, I don't have a problem with the ongoing volatility of Bitcoin. I don't think it means anything apart from the fact that there isn't enough support for a higher price, and especially for a bull market. As for me, Bitcoin is still doing pretty well, considering that it's a decentralized currency that no authority is managing by issuing more coins or burning some coins, or by setting up an artificial state-guaranteed price. It functions alright without regulations, without any external control. I don't think it's reasonable to expect Bitcoin to just endlessly grow, without temporary fluctuations and corrections.

[Solosanz]

Why it's not the right time to invest Bitcoin when Bitcoin price have suffered many dump and still able to make new ATH? as long as you buy Bitcoin using money you can afford to lose, you can hold for next few years until the bull run happen and you can make money.

The fluctuation of Bitcoin price is really normal and you shouldn't be surprised if Bitcoin price can change for 10% in a day.

[justdimin]

Bitcoin price has dropped below $20k from the recent high of $25k in mid February. Personally I have no problem with this fluctuation because compared to altcoins and taking the bear market into consideration, Bitcoin is still reliable and the volatility is pretty reasonable. For new potential investors, is this still a good time to invest in Bitcoin ? What do you think of the recent drop of Bitcoin price ? Please share your views.

I honestly think that it is just a drawback and nothing more. I know that people do not like it when someone has this much FOMO, people hate the optimists in the comments section and they will always mock around about it, but you will see when the time comes that I was right about this.

I can see at least 2x increase this year, and for that to happen we need to sometimes drawback like this, let the sellers and weak hands get out and when they do, stronger hands could end up holding longer and diamond hands will end up buying even more. That should have been the case for most people and I think it will continue to happen for a longer period of time.

[Japinat]

It's quite normal in the crypto space, but the good thing now is that the price has already pumped and remained at the $20k level. I believe that from here we will see a stable increase that could possibly result in a bull run. The only advice I can give is to buy when there's FUD (fear, uncertainty, and doubt) as it always gives us an opportunity, assuming that you believe Bitcoin will survive despite experiencing a significant dump.

[Yatsan]

Why it's not the right time to invest Bitcoin when Bitcoin price have suffered many dump and still able to make new ATH? as long as you buy Bitcoin using money you can afford to lose, you can hold for next few years until the bull run happen and you can make money.

The fluctuation of Bitcoin price is really normal and you shouldn't be surprised if Bitcoin price can change for 10% in a day.

Indeed fluctuation is a part of its natural volatility in terms of market value. Profit potential is high especially if you would be able to determine best times for engagement. When it comes with 'right' time to enter the market, it speaks for trend line I guess. Perhaps entering the market too early would require you to endure market downfalls before uprise movement be seen. Entering the best times for investing in Bitcoin and other technologies would allow an investor to maximize the profit potential. But if you are not into making efficient 'bets', then entering at any price points would be convenient still for lomg term investment.

To some, fluctuations are a bad thing, that is valid because they might be investors who cannot take that much of risk. To some, it is advantageous which is valid as well. It just depends on how an investor would view market behavior and to make use of it.

[Sweetbtc]

In theory, Bitcoin shouldn’t be affected by this recent bad news but since crypto investors are dumb to panic on every news that is not related to Bitcoin. Market dump to an insane level due to fear. I don’t suggest to buy now but Bitcoin is a good investment in general.

No doubt that Bitcoin investment is a great investment but timing is very important for it.The main reason why the price of Bitcoin is constantly falling is that there is a lot of bad news in the market right now۔
Whenever such news is circulating in the market, it creates a panic within people.And people try to exit the market.Which always causes the Bitcoin price to crash۔
And in a crash market if people withdraw money from BTC, it will affect the price of Bitcoin anyway.Because if people will withdraw capital, the price of Bitcoin will never increase, when people will put capital, then BTC will go and increase its price.When the market is down, everyone tries to protect their own capital by exiting the market and converting their assets into stablecoins, and this is a natural process.And this will also greatly affect the price of Bitcoin.

[Findingnemo]

25% price drop in a week of time frame is not happening first time so really nothing to panic for holders and for investors 8ts 25% discount price so more returns in long term and so on. Price drop and hike is very common in bitcoin so speculating about it will lead to nothing unless we carry enough funds to manipulate the market and make profits from it.