Winterfrost (OP)
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March 20, 2024, 07:38:05 AM |
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What's been your reaction when you're expecting an upward trend up to $100k and boom, it dips back to $61k? If you're too bothered about this, then you're probably a trader and haven't been long in the system.
This is a mentality checker for those coming into the circle for the first time but for those that have been around for a while, every DIP or bull is to your advantage.
Don't loose sight, keep stacking.
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coinlary
Jr. Member
Offline
Activity: 53
Merit: 10
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March 20, 2024, 08:26:02 AM |
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What's been your reaction when you're expecting an upward trend up to $100k and boom, it dips back to $61k? If you're too bothered about this, then you're probably a trader and haven't been long in the system.
This is a mentality checker for those coming into the circle for the first time but for those that have been around for a while, every DIP or bull is to your advantage.
Don't loose sight, keep stacking.
That's what we call Volatility. You don't expect a market like Bitcoin to keep on rising without a dip and every dip to me seem an opportunity as there's been worsed dip before which have been recovered in a short period of time. Also, if you are thinking about investing in BTC you should know that you've to be patience to see a good ROI so keep holding and buying the dip
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SamReomo
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March 20, 2024, 08:30:44 AM |
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I wasn't expecting $100k at all, all I was expecting was to see Bitcoin at $80k this month and I'm still positive that there's a chance for Bitcoin to reach $80 or at least $75k in the month of this March. I was expecting it to reach that point sooner but now I believe it will take some time.
The DIP has been beneficial for me as a trader because during the pump's peak I opened some short positions and due to the recent dump I made profits from those positions. So it depends on your mindset that how you see the volatility of the market.
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Nwada001
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March 20, 2024, 08:40:08 AM |
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What's been your reaction when you're expecting an upward trend up to $100k and boom, it dips back to $61k? If you're too bothered about this, then you're probably a trader and haven't been long in the system.
The same way that I was never really expecting bitcoin to click above $70,000 the time that it did, I know Bitcoin will hit $100,000 and above, but I was never expecting it to happen just that fast and in an instant. A price correction after a large pump always occurs, and I believe this drop is part of that price correction. We might even see Bitcoin go below $60,000 before it can start recovering again. $100,000 is certain, but we can't really tell when that will happen for now. Maybe that should be after the halving, or if we see another unexpected pump, just like last time, we might see Bitcoin reach $80,000 and above. The goal is to hold until it hits your expected price target, and until then, this small price drop should not bother someone much. It's a long-term investment for many, and it's only those short traders who expect fast profit that will be affected by this drop in price.
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AirtelBuzz
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March 20, 2024, 08:54:14 AM |
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What's been your reaction when you're expecting an upward trend up to $100k and boom, it dips back to $61k?
The price of any coin in the crypto currency market is never fixed, just as the price of Bitcoin is not fixed, it will fluctuate constantly. It is normal for everyone to react badly when the market goes down. Many of us expected it to hit 100K after seeing the price of Bitcoin rise, but I didn't expect the price to be that high at all.I guessed that the price of Bitcoin may touch 80 thousand dollars by March but that was not possible after the price of Bitcoin touched 72 thousand the market dumped. But the good news is that for those of us who wanted to invest, we may be able to invest in Bitcoin now that the price of Bitcoin is low.
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CryptoBuds
Legendary
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HODL
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March 20, 2024, 09:46:02 AM |
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I wasn't expecting $100k at all, all I was expecting was to see Bitcoin at $80k this month and I'm still positive that there's a chance for Bitcoin to reach $80 or at least $75k in the month of this March. I was expecting it to reach that point sooner but now I believe it will take some time.
The DIP has been beneficial for me as a trader because during the pump's peak I opened some short positions and due to the recent dump I made profits from those positions. So it depends on your mindset that how you see the volatility of the market.
I'm really confused with what you said. You expect BTC to reach $80k this March but you open some short positions when bitcoin hits $73k? So what exactly are you waiting for? Also, you would be a very talented person if you had the confidence to open some short positions when bitcoin hit $73k. I join quite a few social networks to follow market news and what I've seen in the past 2 days is that many people are losing money and losing all their profits because of the market correction. I haven't seen anyone boasting that they profited when bitcoin dropped in price, let alone those who were trading futures. You are the first case I have encountered.
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Dave1
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March 20, 2024, 11:25:35 AM |
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What's been your reaction when you're expecting an upward trend up to $100k and boom, it dips back to $61k? If you're too bothered about this, then you're probably a trader and haven't been long in the system.
This is a mentality checker for those coming into the circle for the first time but for those that have been around for a while, every DIP or bull is to your advantage.
Don't loose sight, keep stacking.
Not saying that I'm immune, but I have seen worst and never react, who forget the massive downfall during the pandemic about 4 years ago? Right, it's the time wherein there is a uncertainty and the price plummeted to $3,500? So for those who have been here that time, there is the time that everyone is fearful and yet we survived, we had that halving and then years after all time high at $69k which was subsequently broken already. So just think about that time before you think of having a mental check.
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Fatunad
Sr. Member
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PredX - AI-Powered Prediction Market
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March 20, 2024, 01:42:41 PM |
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What's been your reaction when you're expecting an upward trend up to $100k and boom, it dips back to $61k? If you're too bothered about this, then you're probably a trader and haven't been long in the system.
This is a mentality checker for those coming into the circle for the first time but for those that have been around for a while, every DIP or bull is to your advantage.
Don't loose sight, keep stacking.
Well this is just normal since we are just humans on which we dont really like to see our investments going down and even if you are an old timer or veteran then it cant really be just that avoided that you would really be having those kind of reactions on which this is something that would really be that normal. A market could really be only having 2 possible movements which is going up and down on which on the time that you do step your foot into this market then it would really be better that you should really be that aware with those kind of movements so that there would really be no great or huge disappointment on the time that the market would really be having it corrections. When it comes to DIP then instead on making yourself that seeing this to be on panic mode, it would be wise that you should really be seeing this as an opportunity because majority of people would really be freaking out on the time that they would really be seeing those dropping prices. You would really be that making yourself that missing out those opportunities on making profits in short time.
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EarnOnVictor
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March 20, 2024, 04:21:04 PM |
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What's been your reaction when you're expecting an upward trend up to $100k and boom, it dips back to $61k? If you're too bothered about this, then you're probably a trader and haven't been long in the system.
This is a mentality checker for those coming into the circle for the first time but for those that have been around for a while, every DIP or bull is to your advantage.
Don't loose sight, keep stacking.
You are just entirely wrong here, you do not use the basis of Concern to make a judgment against anyone and anyone who is concerned is wise as it's a means to prove that the person is cautiously bothered about the happening in the market. Perhaps you should have said the person should be more speculative in this regard than fidgeting, but you never said that. More analysis and speculation are the next steps here for the trader/investor to know the way forward. Also, you cannot crucify anyone for having made any informed decisions after the analysis, especially if the person liquidates his position due to the sense of danger. This is the financial market we are talking about, it is so dynamic and could be so tricky and deceptive at times. For this, you don't blame traders/investors when they lose their sleep on the market situation. It is better to be concerned but act right instead of being too relaxed the way you are preaching it now. And the only way to act right is to continue to be conversant with the situation and continue to update analyses to reveal the best decision to be made.
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Republikcoin.com
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March 20, 2024, 05:44:34 PM |
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What's been your reaction when you're expecting an upward trend up to $100k and boom, it dips back to $61k? If you're too bothered about this, then you're probably a trader and haven't been long in the system.
This is a mentality checker for those coming into the circle for the first time but for those that have been around for a while, every DIP or bull is to your advantage.
Don't loose sight, keep stacking.
It's not worth taking your eyes off just because there is a slight price drop currently occurring in the market for Bitcoin. I still really want to monitor the market and buy on the Dip because in a market trend like now it is possible that the price decline like now will not last too long on Bitcoin so it is still quite feasible to be prepared to buy again in this downtrend. Apart from that, the next upward price trend is still quite possible for Bitcoin to return and I believe it could return in the near future or at least before the halving starts this year.
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OgNasty
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March 20, 2024, 06:04:45 PM |
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If you find yourself being emotional over the dips than that means you own too much BTC and should sell some. Sure, that's not the smart move and it lets your emotions get the best of you costing you future profits, but it will give you a peace of mind. If Bitcoin dips and you don't care, congratulations, you own a healthy amount of Bitcoin for your risk tolerance. Nobody should be risking a heart attack over every dip betting with their life savings. Just stack sats and chill. Don't get caught up in betting the farm on every move. Eventually that won't work out for you.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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kentrolla
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 20, 2024, 06:22:18 PM |
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It was just another day on crypto for me as I am not a newcomer and this was expected, I am comfortable with such dips as we are used to exclusively for Bitcoin wherein I don't but the situation would be bit different had it been any Altcoin (right now I have much of my investment into Bitcoin hence not bothered about Altcoins).
I think it would be better if everyone understands just like day and night there would be pump and dump in the market we have to utilize it to our benefit rather than panic selling or stressing on it.
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█████████████████████████ ████████▀▀████▀▀█▀▀██████ █████▀████▄▄▄▄██████▀████ ███▀███▄████████▄████▀███ ██▀███████████████████▀██ █████████████████████████ █████████████████████████ █████████████████████████ ██▄███████████████▀▀▄▄███ ███▄███▀████████▀███▄████ █████▄████▀▀▀▀████▄██████ ████████▄▄████▄▄█████████ █████████████████████████ | BitList | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . REAL-TIME DATA TRACKING CURATED BY THE COMMUNITY . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | List #kycfree Websites |
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BABY SHOES
Sr. Member
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HODL - BTC
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March 20, 2024, 06:34:11 PM |
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The downtrend to $61K has not crossed the halving limit whether it will be a result of panic, I don't think it needs to decline now it is still considered reasonable because after all it will inevitably correct first so it will stick with HODL even if the price drops.
Those newbies who just entered the circle then became worried and panicked then it is natural they will not be familiar with the current situation especially having bought at $73K, but when they already know there is a decline then it will be an opportunity to buy DIP then when you have capital do DIP of course in the future the price will go to $100K. Just wait for patience and strong HODL to take advantage of every moment.
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| | | SHUFFLE.COM | | | | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ | ████████████████████ ████ ██ .
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KiaKia
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March 20, 2024, 06:58:37 PM |
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It's risky to be out of Bitcoin, if you know what's good for you, find some stable coins and buy this dip, I have been expecting this dip for weeks because we moved up too fast.
Now that this correction is happening, it's not something to be scared of, this is necessary for a more healthy market moment to occur down the line in this same year, I knew that a BTC halving would never happen without a big correction.
This is normal, if you are smart you will take advantage of this dip after Bitcoin halving we will see another pump again, but emotions will surely get the best of many people.
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| DAKE.GG | │ | ░░░░░░▄█████▄ ▄█████████████████▄ ██░░░░░░░░░░░░░░░██░░▄██▄ ██░░▀▀█░▀▀█░▀▀█░░██░░████ ██░░░█▀░░█▀░░█▀░░██░░░██ ██░░░░░░░░░░░░░░░██░░░██ ███████████████████░░░██ ▀█████████████████▀░░░██ █████▀▀▀▀▀▀▀▀▀█████▄▄▄██ █████▄▄▄▄▄▄▄▄▄█████▀▀▀▀ ░█████████████████ ░░▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | | | | | | ░░░░░░░░░▄▄▄▄▄▄ ░░░░████████▀▀▀▀ ░░░░██░▀░██░████████▄▄▄▄ ░░░░███▄███░█░░█████████ ░░░░░█████░█████████████ ░░░░░▀████░█████▀░█████ ▄▄▄▄▄░███░░███▀░░░░████ █▄█▄█░░██░███▄░░░░░▄██▀ █▄█▄█░░▀▀░▀████▄░▄████ ▄▄░░░░█████░██████████ ░▄▄▀░░██▄██░▀▀▀▀█████ ░░░░█░▀▀▀▀▀ | │ | | │ | | │ | █▀▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄▄ | PLAY NOW | ▀▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄▄█ |
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electronicash
Legendary
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March 20, 2024, 07:00:06 PM |
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i was bothered for awhile. its not he first time i am wrong with my analysis as i thought the dip would just be on 65k actually so I was just feeling very positive that it would bounce quickly so I didn't sell. it's too late for me to sell so I was just holding them since i was expecting more profit after halving.
as of the time of writing its already back tp $65k. this could be the bounce I'm looking for and my altcoins are back to green again.
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salad daging
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 20, 2024, 07:54:29 PM |
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Expecting an upward trend to $100K will never be easy, there will definitely be more challenges including several corrections, so here the mental question will be whether the strength to withstand will overcome this challenge?
Beginners will definitely panic especially if they have just come and made an investment but rest assured this will all be sweet in the end with a goal of $100K by the end of the year that is my prediction.
Every decline definitely has good benefits, especially if you know where the gap is to buy bitcoin now, never give up hope because the correction takes too long, no matter what, it will definitely pass.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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aoluain
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March 20, 2024, 08:34:17 PM |
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The road to $100k is paved with many bumps and hollows! There is no way Bitcoin was going straight to $100k without a correction. and just because we have had a $10k drop doesnt mean there wont be another along the way. This is a mentality checker for those coming into the circle for the first time but for those that have been around for a while, every DIP or bull is to your advantage.
Some people refer this scenario as "weak hands" and "diamond hands". It happens alot where newcomers buy when the price is rising but when it falls back like we had in the last week they panic sell. Then it goes back up again after diamond hands bought the discounted coin and the short positions get liquidated.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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MFahad
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 20, 2024, 08:54:15 PM |
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What's been your reaction when you're expecting an upward trend up to $100k and boom, it dips back to $61k? If you're too bothered about this, then you're probably a trader and haven't been long in the system.
This is a mentality checker for those coming into the circle for the first time but for those that have been around for a while, every DIP or bull is to your advantage.
Don't loose sight, keep stacking.
My reaction was normal because, to be honest, I wasn't expecting Bitcoin to rally towards $100k straight because that doesn't happen, there had to be a correction in between, and as soon as the price started dropping after reaching $73k, I knew it's time for the correction though I wasn't sure how deep it can be, and to my surprise again, it didn't dip that much because I was expecting the price of Bitcoin to go below $60k at least. However, I was never worried or will ever be about short term corrections and dips because I know Bitcoin has got the potential to recover from any of such corrections and dips and even crashes.
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▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
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| | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | . ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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Obim34
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 20, 2024, 09:08:10 PM |
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What's been your reaction when you're expecting an upward trend up to $100k and boom, it dips back to $61k? If you're too bothered about this, then you're probably a trader and haven't been long in the system. This is a mentality checker for those coming into the circle for the first time but for those that have been around for a while, every DIP or bull is to your advantage. Bitcoin is currently at $67k, achieving $100k may not be possible but that of $80k before the halving can be touched.
Don't loose sight, keep stacking.
I haven't been bothered anyway, seeing the price even declining has given me another opportunity to hold Bitcoin at a low previous price, it's DIP became a favor to increasing my portfolio. I yet consider myself a late investor, and I find nothing sceptical on Bitcoin during the DIP as I have understood it's volatile nature and going through historical charts and data which helped in solidifying my heart and mind to withstand any Bitcoin DIP.
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Dr.Bitcoin_Strange
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 20, 2024, 10:34:29 PM |
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As a long-term investor who is always prepared to buy more Bitcoin, you will even be happy for every opportunity that the price of Bitcoin offers you to buy more. For example, the scenario you gave will create an opportunity for a long-term investor to cease the opportunity to accumulate more, while traders are the Bitcoiners who oftentimes get so bothered by Bitcoin price volatility. The long-term investor might also sometimes get bothered because of the percentage of losses they have already had, but traders get more bothered. If it was when I was day training on the spot trade, I would get scared of losing on the trade, I would get upset, and I would get emotionally depressed for experiencing losses at times, but since I have learned to trade with low leverage on futures, I don't bothered as much as when I was yet new to the game.
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