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Author Topic: It takes the balls...  (Read 491 times)
Crypt0Gore (OP)
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April 14, 2024, 06:13:23 AM
 #1

Everyone claimed that they wanted the dips, every friends I knew have been screaming about Bitcoin dips for weeks now.

Finally it's happening, are you buying already? Because I asked three friends via WhatsApp and they wanted more dips.

It seems that the Iran Israel conflict is affecting the price of Bitcoin but also do not forget that every bullrun has ever has a 30% plus drops on the way up, its obvious if you are good at reading charts.

It's all part of the game, so very normal.

The BUT here is how people get so weak after the dips finally happen and they do nothing, Wake the hell up, now it's happening right in front of your eye, do not sleep on it.

Instead of doing nothing, consider DCA.

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April 14, 2024, 06:21:12 AM
 #2

Yes, not only balls but money as well. Most people who want to accumulate Bitcoin don't have enough money for the accumulation and that's why they miss the dips while others who have money often miss the dips in hope to see more intense dips. Bitcoin is already down and anyone who knows that it's a great opportunity should try his/her best to accumulate some of it.

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April 14, 2024, 06:29:37 AM
 #3

Lots of investors are still waiting for a lower entry point.

It might be pressuring so it is important to keep a clear head. All these screams about buying now might make an investor panic and do something out of impulse.

Stick with your plan but learn how to assess a situation and adapt into it accordingly instead of jumping right into it.










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SAHASAN
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April 14, 2024, 06:30:02 AM
 #4

Everyone claimed that they wanted the dips, every friends I knew have been screaming about Bitcoin dips for weeks now.

Finally it's happening, are you buying already? Because I asked three friends via WhatsApp and they wanted more dips.

It seems that the Iran Israel conflict is affecting the price of Bitcoin but also do not forget that every bullrun has ever has a 30% plus drops on the way up, its obvious if you are good at reading charts.

It's all part of the game, so very normal.

The BUT here is how people get so weak after the dips finally happen and they do nothing, Wake the hell up, now it's happening right in front of your eye, do not sleep on it.

Instead of doing nothing, consider DCA.


After the bitcoin halving, the bear trap is formed before the bull run begins.
The Iran/Israel conflict will not affect the market much.
I always see a bear trap before the Bitcoin bull run (after Halving).
It can actually be called a market manipulation by whales.
I made a post about this topic.

https://bitcointalk.org/index.php?topic=5492660.0

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April 14, 2024, 06:36:14 AM
 #5

Everyone claimed that they wanted the dips, every friends I knew have been screaming about Bitcoin dips for weeks now.

Finally it's happening, are you buying already? Because I asked three friends via WhatsApp and they wanted more dips.

It seems that the Iran Israel conflict is affecting the price of Bitcoin but also do not forget that every bullrun has ever has a 30% plus drops on the way up, its obvious if you are good at reading charts.

It's all part of the game, so very normal.

The BUT here is how people get so weak after the dips finally happen and they do nothing, Wake the hell up, now it's happening right in front of your eye, do not sleep on it.

Instead of doing nothing, consider DCA.


The Bitcoin price dropped from 73K to 62K USD several weeks ago(March 15-17). Were there any big news about major conflicts back then?
Why do everyone thinks that the price drop is caused by the Izrael-Iran conflict? The Gaza conflict started back in October 2023, when the BTC price was below 30K and Bitcoin managed to double it's price during the first three months of 2024. I guess that not all conflicts around the globe are bearish for Bitcoin. And yes, a 10-15% price drop isn't anything big for Bitcoin. The traders, who want to buy the dip are waiting for 30-40% or ever 50% price drops.

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April 14, 2024, 06:41:22 AM
 #6

Of course I did, I have like $500 left over and I've used about half of it to buy when the price dipped, definitely hodling and not taking a profit though, it feels like it can go higher and I got to say that I'm still fine even without the money, won't mind it growing in bitcoin no matter what, I pity those that are still indecisive though, you got to do something about that because you're never going to be getting what you want if you've got your doubts last minute when prices starts tanking.

You also forgot to mention OP, that some of these people that you proudly call no balls investors, most of them probably don't have the money to dispose of right now that the price has dipped suddenly, it's not like they wanted to not invest, it's just that they've got some priorities so understand that some of them can't just buy because they don't have the money and time.

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April 14, 2024, 08:08:53 AM
 #7

The truth has been spoken, this is what happens everytime as people will keep screaming for dip and saying they will buy in the dips they are waiting for dip but even if there is a dip of 5% the same crowd will go mute and won't buyback and rather start panicking and this is not new this is happening for years now.









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April 14, 2024, 09:59:29 AM
 #8

Well, it depends for me.  I don't just follow whatever everyone else is doing without thinking.  This could be a decent chance to get bitcoins for a good price, but you still gotta watch out and not go too crazy.  I try to stick to what I'm comfortable with taking a risk on.  The dip looks nice, yeah but I think about what I'm trying to do long-term too.  DCA-ing into stuff a little at a time is usually pretty solid when stuff is volatile like this.

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April 14, 2024, 10:05:32 AM
 #9

It seems that the Iran Israel conflict is affecting the price of Bitcoin but also do not forget that every bullrun has ever has a 30% plus drops on the way up, its obvious if you are good at reading charts.
I'm using the DCA method in collecting Bitcoin and I sincerely love the dip we are experience now prior to the halving because it will give me ample time to collect more Bitcoin at discounted prices. However, I don't thing we will see as much as 30% drop in price considering that halving is just days away.

The BUT here is how people get so weak after the dips finally happen and they do nothing, Wake the hell up, now it's happening right in front of your eye, do not sleep on it.

Instead of doing nothing, consider DCA.

Anyone who is doing nothing at this point is probably not interesting in buying Bitcoin. From January till now, Bitcoin have enjoy positive news following the ETF approval and many critics have even embraced reality. Consequently, there have been injection of fresh capital that have lead to the sustained growth we have experienced. Like I said before, those still sitting on the fence till this time are not ready to be invested in Bitcoin.

R


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April 14, 2024, 10:35:12 AM
 #10

The Bitcoin price dropped from 73K to 62K USD several weeks ago(March 15-17). Were there any big news about major conflicts back then?

As far as I remember no there was not but this is the risk of bitcoin. It’s extremely volatile and easily moved by people buying or selling. It does not always follow predictions based on past cycles.

Quote
Why do everyone thinks that the price drop is caused by the Izrael-Iran conflict?

It might not be the reason but someone really thought it was so they took their coins and now it has caused a domino effect with everyone else trying to sell their coins as soon as possible.

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April 14, 2024, 10:57:49 AM
 #11

Everyone claimed that they wanted the dips, every friends I knew have been screaming about Bitcoin dips for weeks now.

Finally it's happening, are you buying already? Because I asked three friends via WhatsApp and they wanted more dips.

It seems that the Iran Israel conflict is affecting the price of Bitcoin but also do not forget that every bullrun has ever has a 30% plus drops on the way up, its obvious if you are good at reading charts.

It's all part of the game, so very normal.

The BUT here is how people get so weak after the dips finally happen and they do nothing, Wake the hell up, now it's happening right in front of your eye, do not sleep on it.

Instead of doing nothing, consider DCA.


The Bitcoin price dropped from 73K to 62K USD several weeks ago(March 15-17). Were there any big news about major conflicts back then?
Why do everyone thinks that the price drop is caused by the Izrael-Iran conflict? The Gaza conflict started back in October 2023, when the BTC price was below 30K and Bitcoin managed to double it's price during the first three months of 2024. I guess that not all conflicts around the globe are bearish for Bitcoin. And yes, a 10-15% price drop isn't anything big for Bitcoin. The traders, who want to buy the dip are waiting for 30-40% or ever 50% price drops.
You are right, it is not the conflicts between those two countries. I thought that by now people who are into bitcoin are used to the price of bitcoin pumping and dumping because it is volatile in nature. The war has been on over for some times now and bitcoin recorded a price higher than the previous ATH before the halving, yet they want to still hold the conflicts responsible for this dump.

Ever since bitcoin price reached 73k, this is how the price have been moving, it moves down to 62k,and back up to 71,and down again. So I don't see what is new here tht is caused by the ongoing conflict in Gaza. It is just that in every scenario tht plays out, human will always look for what or who to put the blame on. Keep stashing up more bitcoin now that we can buy in discount, and enjoy your profit in future.

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April 14, 2024, 10:59:31 AM
 #12

Id really hopes its just the same like last time. Investors wanted a lower entry before the bull run and they need to shake up much users about this dump. Well we already learned to not fear this kind of dump cause we know its their way of dragging others to sell too and make a lower entry for themselves. Im not sure if the current issue on war really have impact with rhis or solely a whale game by the people who wanted a bargain price.

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April 14, 2024, 11:41:52 AM
 #13

Yes, not only balls but money as well. Most people who want to accumulate Bitcoin don't have enough money for the accumulation and that's why they miss the dips while others who have money often miss the dips in hope to see more intense dips. Bitcoin is already down and anyone who knows that it's a great opportunity should try his/her best to accumulate some of it.

I agree with you. It's not all about showing one a way on how to make money, what also to be considered is if the person in question do have the resources to invest? Just as you said, if the resources just as investing on bitcoin whether the dip, bear or whatever is about money as the resource to invest in It, anyone who's interested of investing and doesn't have the money would still be setback with the excuses of no money to Invest on. And believably, there are people like that who have the interests to invest on bitcoin but doesn't have the fund to make it real.
And we that are already in the bitcoin system is already aware that it's not just about investing but you must have alternative on how you can keep earning while your bitcoin holding works out to bring you profits in matter of time.
So not everyone who's are interested in this journey are capable to meet up with the demands.

Moreover, anyone who has been of irreverent excuses to Invest in this bitcoin would always have excuses nomatter how clear and flexible the opportunity would be for them and not basically that the price of bitcoin has befall on the dip where we can buy cheaper. It all depends on what we want and our readiness including individual ability of securing ita provisional demands

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April 14, 2024, 01:16:58 PM
 #14

Everyone claimed that they wanted the dips, every friends I knew have been screaming about Bitcoin dips for weeks now.


That’s how it is, people sometimes calls for a thing and when it happens they get scared because they don’t believe it would happen like that. Just like yesterday they weren’t expecting a -10% dip when you tell them there will be an heavy correction. Also reason why some of the are that sacred are because they must have invest an amount they cannot afford to lose and they are worried as to when the price will pump again. One thing is this dump will take out the chicken/weak hands off the market, because people will still sell at a loss mostly altcoin investors.

 
Quote
Why do everyone thinks that the price drop is caused by the Izrael-Iran conflict?

It might not be the reason but someone really thought it was so they took their coins and now it has caused a domino effect with everyone else trying to sell their coins as soon as possible.

War always has its negative effect on any market, because it causes not just unrest that makes people to panic and sell but also if prolonged will affect the energy supply market and anything that affects energy comes back to affecting the bitcoin mining which in turn causes a drop in bitcoin price.

Yesterday’s incident wasn’t the cause of the dump because they were already few drops ongoing. But immediately after announcement of the conflict there was a sniper drop of bitcoin from the $65k region to less than $61k in just like 2 hours. Had there been a prolonged alteration we might have face a more sever drop still

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April 14, 2024, 01:17:51 PM
 #15


Finally it's happening, are you buying already? Because I asked three friends via WhatsApp and they wanted more dips.



In my opinion, people who truly believe and want to invest in bitcoin will invest whenever they have money and don't care too much about its price. As for those who always say they want bitcoin to decrease, they wait for bitcoin to decrease and will buy more. Most of those people will never dare to buy bitcoin and when bitcoin drops they use the excuse of wanting it to decrease even more, until bitcoin recovers but they still don't have bitcoin in their hands.

We are only 5 days away from the halving and I don't think anyone expects bitcoin to drop more and most won't buy if it drops more because no one has any money left to buy. I'm one of them, LOL.

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April 14, 2024, 01:21:37 PM
 #16

Everyone claimed that they wanted the dips, every friends I knew have been screaming about Bitcoin dips for weeks now.
Only very experienced investors can understand about the market well, so they can feel calm during market dips or better they can prepare money and wait for dips to buy.

For newbies, it's hard for them to stay calm during dips and they can easily feel panic. They can hope for dips but when dips appear, they are fearful, not greedy. Dips are always big tests for people with their investment plan, capital preparation and mentality during dip time.

If you have money, feel calm now, have long term plan with Bitcoin, buy dips in bull market is great action to get profit.

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April 14, 2024, 01:46:54 PM
 #17

Im not sure if the current issue on war really have impact with rhis or solely a whale game by the people who wanted a bargain price.

I also believe that the war has an impact on the crypto market. There are several more things that may affect the market as well. A Bitcoin analyst predicted that we may see a correction during the US tax day this year. Investors will sell their shares and cash out profits from all markets and they will pay taxes. The day is here and we are only one day before the US tax day.

I don't really know how much it impacted the market and how much the war, but we can see how hard it's dumping. Bitcoin is at 64K at this moment and most of the alts are bleeding. I have read some other reasons as well, but I don't remember what are those.

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April 14, 2024, 01:55:59 PM
 #18

BTC price is ~ $64k right now, i don't think that's the 'dip', i know there has been a correction in price, but it didn't fall too much in my honest opinion, neither do i think it is going to fall much lower than that.

Take note that weak hands always have an excuse, they wouldn't buy when the price is very low, and when the price is high, they either fomo buy, or start waiting for it to fall again so they can buy. I would not waste time with such people, they do not believe in BTC and they just want to see if they can make money quickly from it.

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April 14, 2024, 02:44:48 PM
 #19

BTC price is ~ $64k right now, i don't think that's the 'dip', i know there has been a correction in price, but it didn't fall too much in my honest opinion, neither do i think it is going to fall much lower than that.





Bitcoin has gone from $15k to $73k, a 15-20% correction is normal but many people are overreacting. It seems like people are not just investing in bitcoin, most are also investing in altcoins and many altcoins are having quite large drops and people think things are getting worse. But if we only invest in bitcoin and what is happening with bitcoin, bitcoin is not even down 15% then we cannot call this a big dump. But whether bitcoin will continue to decline or recover from here is something no one can predict.

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Agbe
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April 14, 2024, 03:04:13 PM
 #20

Yes everyone who understands the ecosystem would like to invest but are there are restriction on them. And those your friends that wanted to invest in Bitcoin all these while and now the price is decreasing for them to invest have you asked them if their financial status is in good condition for them to invest. If people are not investing in Bitcoin now even at the deepest dip or at the bottomless pit don't blame them because everyone is struggling to survive because of the sudden high cost of living. Goods and services have skyrocketed to the sky that the small amount of money you have now is for survival first because if is only the living can invest. And foe the DCA, I don't think this is the best time to invest with DCA because the time is very short. This morning when I checked, it is only 860 blocks left to start the halving so if anyone wants to invest just invest at once then also invest in the halving and after the halving then the person can use the DCA method to acquire more.

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