One more filed smear campaign against Bitcoin

[DooMAD]

Haven't we learnt from the past? We are still doing panic selling which was witnessed as there were fuds created by some influencers about possible rejection of spot ETF

The real FUD comes from buying into the myth that institutional investors matter.  Bitcoin functions just fine without them.  It's only speculators who care about this. 

It is possible that the SEC could reject every single one of the current applications.  And it wouldn't matter in the slightest.  Unless you're a speculator and the current price in fiat is important to you. 

[1714688799]

1714688799

[1714688799]

1714688799

[1714688799]

1714688799

[franky1]

Imagine spending money and resources creating smear campaigns against Bitcoin when you could just buy some. 

firstly spending small money to create smear campaign. EG paying a couple trolls a couple hundred bucks to echo chamber a mantra.. if done right causes bitcoin price to discount saving someone THOUSANDS when they buy

I'm not sure why people think there is going to be an ETF verdict soon. Government agencies are not known to work quickly.

governments have deadlines and one deadline is next week

[blckhawk]

Ask a friend of mine about the recent dump, seems that it's miners selling a lot of their bitcoin that have been on hodl for a really long time. Sad thing that a lot of people have panicked and now they've made a mistake, the prices are stabilizing again and now they either can come back because they've lost value or they're so shocked at what happened. Can't blame them though, they're going to do that kind of thing no matter how much we want to warn people not to panic sell, some people just don't have the nerve to not sell when the price is not looking favorable to them.

[LogitechMouse]

Haven't we learnt from the past? We are still doing panic selling which was witnessed as there were fuds created by some influencers about possible rejection of spot ETF and once this spread across we saw how people were on selling mode which literally brought down the value of Bitcoin to $40750. But this was a tight slap on face of those who tried bringing down Bitcoin as it survived this attempt as well and rising again.
~

Don't think about yourself. Think about other people out there.
You might not get panicked because you've seen it numerous times already,  but there are still newbies out there who don't know what to do at times like that, thus they are panicking and then selling their Bitcoin.

I can't say the exact number, but I believe that there is always a newbie who comes and invests in Bitcoin on a daily basis. These newbies are the ones who don't know what to do when the worst thing happens. These investors are the ones that didn't experience the negative side of cryptocurrency. For the newbies, see FUDs as negative, but for old ones, see FUDs as opportunities. I mean if you only bought Bitcoin near its lows, you are now at least up by 5% or even more with your capital.

[someone703]

Yesterday's dip showcased this beautifully. A cocktail of news, profit-taking, and pre-set targets sent it tumbling towards $40k, only to be met by a wave of opportunistic buyers eager to snatch up bargains. It was a microcosm of the entire market, a constant push and pull, a waltz of fear and exuberance.

While eliminating FOMO entirely might be akin to defying gravity, I agree that individual discipline plays a crucial role. Setting clear goals, investing within your risk tolerance, and developing a long-term vision can be your armor against the siren song of the moment.