Share Your Thoughts on the Recent Crypto Price Drop

[R100K-Martin-Lunger]

During the last week the crypto world has been quite a ride with the price slump we've experienced. With Bitcoin and altcoins taking a notable dip on the 23rd, I'm curious to hear how everyone is coping and how it affected your investments and what your strategies are moving forward considering the upcoming halving.

For the veterans, is this just another cycle, or does it feel different this time? And for the newcomers, how are you handling your first major dip?

Also, how do you think this slump will affect the growth of Bitcoin and altcoins in 2024? Are you adjusting your strategies, or holding firm to your original plans?

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[logfiles]

It's just a not-so-big slump compared to past bitcoin price dips, so I don't see why this should make anyone so worried. It's how markets behave, I actually expected a price correction a long while back. With Bitcoin Spot ETFs getting approved, I know so many people expected an immediate Bitcoin price rally all the way up, but that is not what happened. The fact that Bitcoin rose all the way from 20K prior to the Spot approvals means that those who were smart enough bought way back and did have to wait until the day an official announcement was made.

I believe the same thing is going to happen after halving. There won't be an immediate bull run. It might take a while. Well the market can be unpredictable sometimes

[kojektea]

The decline in the price of Bitcoin doesn't seem to be that big, maybe as other people have said, they deliberately dropped the price of Bitcoin and of course investors will sell some of the Bitcoin they have, they feel this is the right moment to buy Bitcoin now, because today It's getting closer to halving, this is just an assumption but I'm a little sure about this

[Wind_FURY]

OP, we're in that part of the cycle where all DIPs should be welcomed to buy Bitcoin with a discount. It's the pre-halving phase, and your "mission should YOU choose to accept it" is to look for extra liquidity to buy these Bitcoin DIPs, especially if it's the BIG DIP, which I believe there's a high probability of happening.

But it will be painful, and it will make everyone panic. But during 2025, the DIP will not be noticed in a Bitcoin chart that shows the price at six digits.

[snowpega]

OP, we're in that part of the cycle where all DIPs should be welcomed to buy Bitcoin with a discount. It's the pre-halving phase, and your "mission should YOU choose to accept it" is to look for extra liquidity to buy these Bitcoin DIPs, especially if it's the BIG DIP, which I believe there's a high probability of happening.

But it will be painful, and it will make everyone panic. But during 2025, the DIP will not be noticed in a Bitcoin chart that shows the price at six digits.

Or perhaps we can say every dip does not have a strong reason behind it because the crypto space is recognized for its volatility so if we find any dip we can consider a buying opportunity in the case of Bitcoin to fill our bags more. Indeed there maybe another opportunity of buying again before halving which is near.

well, six figures are easy pizzy and My hope for the middle of 2025 bitcoin prices will trade above the level of 130k. what do you say?

[God bless u]

During the last week the crypto world has been quite a ride with the price slump we've experienced. With Bitcoin and altcoins taking a notable dip on the 23rd, I'm curious to hear how everyone is coping and how it affected your investments and what your strategies are moving forward considering the upcoming halving.

For the veterans, is this just another cycle, or does it feel different this time? And for the newcomers, how are you handling your first major dip?

Also, how do you think this slump will affect the growth of Bitcoin and altcoins in 2024? Are you adjusting your strategies, or holding firm to your original plans?

Whenever you see Bitcoin in the crypto world going down in price, it means it has to go up, so it reverses to its original price. It goes to mean it has to run but once it is there it will come back and then it will go up.

my own analysis that by coming April Bitcoin can go to 60K because I have seen it many times that whenever it wants to go up, the people shorted from the top, then it goes down, many people withdraw it's amount but people have no tseen th Bitcoin price of what it is now has not gone up, it will go up in April, but people will see, then they will cry and say we missed.

[m2017]

During the last week the crypto world has been quite a ride with the price slump we've experienced. With Bitcoin and altcoins taking a notable dip on the 23rd, I'm curious to hear how everyone is coping and how it affected your investments and what your strategies are moving forward considering the upcoming halving.

Do you consider a drop of ~$4,000 catastrophic? This is a temporary fluctuation, which is not at all uncommon in the cryptomarket and there is nothing to coping here, because it is commonplace. If the main strategy with bitcoin is hold, then why change plans due to a short-term drop, which, by the way, has already recovered. There is no need to change anything here, “just hodl.”

For the veterans, is this just another cycle, or does it feel different this time? And for the newcomers, how are you handling your first major dip?

The cycles and fluctuations remain the same. Only perception changes depending on experience. As you noticed, the attitude towards such situations is very different between beginners and veterans.

Also, how do you think this slump will affect the growth of Bitcoin and altcoins in 2024? Are you adjusting your strategies, or holding firm to your original plans?

It won't have any effect. Growth in 2024 may be affected by other events (rumors and news). What to answer if there is no strategy or plans?

[mk4]

Always remember that dumps happen ALL THE TIME, and you know what? Bigger dumps actually happen in bull markets, not in bear.

Also, the dumping is significantly(but definitely not totally) caused by the selling by GBTC. Once they're done(whenever that is), expect lesser negative price action.

[kentrolla]

I will share my opinion as a veteran, it really didn't create any panic or impact on me as we have seen this in the past and will continue to see this in the future as well, this is just a trailer of what we are going to see until the bull run because we are heading towards halving and this will occur more often. This should be considered as an opportunity to make some quick profit by buying more Bitcoins. I cannot commit on altcoins as it's bit risky but we can go for Bitcoin during these fluctuations and by the way it was not a huge dip.

[Bushdark]

Recently I heard there was restrictions on Bitcoin in China which I don't think that could have been a reason for that.
The Bitcoin ETF that had been trending for weeks now could not even keep the price up as long as possible. Very soon we should be expecting some market manipulation since majority had been waiting for the Bitcoin halving, thinking the Bitcoin ETF would be a first bull run for the halving to skyrocket the price of Bitcoin to the real bull. Now we are seeing something contrary!

[snuffman8]

i dont think theres any worries about. Actually, it was a good price to even buy a little bit more

[tvplus006]

...Are you adjusting your strategies, or holding firm to your original plans?

This correction was expected, although no one could know exactly what price level it would start from. After all, after such an increase in the price of all coins, on the eve of the approval of the Bitcoin ETF, the market should go into correction. And once again we were convinced of the truth of the saying that "Buy on rumors, sell on facts".

[Vaculin]

Seeing this recent price drop, it only gives us another opportunity to stick to the original plan, that is to maximize our bitcoin portfolio before facing the final bull run. Hence, this recent price dip is not made to worry us, but to gives us better opportunity to prepare ourselves  and our bitcoin investment to maximize our profits when bitcoin bull run finally happens.

[mirakal]

This is another opportunity for us to accumulate and maximize our bitcoin investment, not in a way of buying all in but through DCA, it can be a great initiative to perform buying without even worrying on preparing for a huge amount of capital. With this recent crypto price drop, I don't see any reason to panic or put yourself into worries because we all know that this will only occur at a temporary time. Eventually, the price will recover again and will set a goal to reach its new all time high.

While this brings joy and excitement for those who are eyeing the market for long, but due to price hike, it becomes a struggle for them to enter the market. But here it is now, although it's not a do or die, but we all know that it's a lot more satisfying in the future if we can start investing today and benefit the profits in the near future. While patience is a must, risk management is also a must do for us.

[gunhell16]

During the last week the crypto world has been quite a ride with the price slump we've experienced. With Bitcoin and altcoins taking a notable dip on the 23rd, I'm curious to hear how everyone is coping and how it affected your investments and what your strategies are moving forward considering the upcoming halving.

For the veterans, is this just another cycle, or does it feel different this time? And for the newcomers, how are you handling your first major dip?

Also, how do you think this slump will affect the growth of Bitcoin and altcoins in 2024? Are you adjusting your strategies, or holding firm to your original plans?

From what I saw, the events were natural selling; I did not see any manipulation in the things happening in the market. Instead, what I see and notice is that the whale manipulators are accumulating bitcoins at the moment.

It is not in their minds to sell Bitcoin right now; they can make excuses for others who have holdings of Bitcoin to sell, and when what they want to happen is a drop, they will also take advantage of buying a lot of Bitcoin.

[2Pizza410000BTC]

During the last week the crypto world has been quite a ride with the price slump we've experienced. With Bitcoin and altcoins taking a notable dip on the 23rd, I'm curious to hear how everyone is coping and how it affected your investments and what your strategies are moving forward considering the upcoming halving.

For the veterans, is this just another cycle, or does it feel different this time? And for the newcomers, how are you handling your first major dip?

Also, how do you think this slump will affect the growth of Bitcoin and altcoins in 2024? Are you adjusting your strategies, or holding firm to your original plans?

The ensuing bloodbath that started in the market did not turn out to be too bloody. But this dumping position of the market didn't bother me much as I held the investment in DCA method even after seeing the dumping condition of the market I invested some money from outside. At present the market has improved a lot, I hope the market will not be dumping anymore. We know there will be dumping before the bitcoin halving, maybe the current dumping was a signal of that bitcoin halving. I have invested using DCA method and will continue to invest hopefully I will definitely profit when Bitcoin and Altcoin bull season starts.

[AicecreaME]

Dips are normal because of its volatility. It's not about always going up, you're gonna used to it soon enough.
There's nothing to worry about the price, the pumps and dumps are cryptocurrency everyday routine, even in any timeframe. Newbies always panic whenever there's a dump happening, making them do panic selling making the price goes up when it is oversold, and goes down again when it's overbought.

[tranthidung]

You should walk away from your trading accounts, trading charts, and do something beyond trading like hanging out, doing physical activities and you will no longer feel panic and bad.

Market is always manipulated and the more time you look at chart, more probability your psychology will be less stable, less normal and your actions will be manipulated as well.

Please tell me after you see this historic retraces of Bitcoin.

[terrific]

This is not the major dip. I haven't been active for several months but I am still updated with the market, I don't feel any worry about any recent dips. They're all normal if you're going to think about the possibility of seeing the next all time high. If you don't like what's happening on the market before a huge pump goes, you have to endure all of the pain because if you can't, you better get out of this market.
As I said about normalizing these feelings for these normal motions of going up and down, you have to bear that because in the end, you'll be happy that you've stayed and endured.

[Peanutswar]

I have already a testing with this uptrend because we know always happens in every halving the market price drop and based on the history of the chart of the BTC this price is just temporary and based on my expectations I'm right so most of my accumulating coins are just already pulled out and trade into stable coin USDT specifically so I'm waiting again for the real price drop after this if there's any, else Ill make another retest with the market to make sure my plot in the market is right and if goods all well position must be settled ofcourse every movement we take profit.