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Author Topic: It takes the balls...  (Read 500 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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SamReomo
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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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peter0425
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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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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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April 14, 2024, 04:19:48 PM
 #21

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.
It's because people don't have a clear plan. They are waiting for the dip, then the dip happens, and they start wondering whether buying now or waiting because maybe it could go down even more, and at the end what does it happen? Nothing, they do nothing. If you have the liquidity just place your orders and forget about them.

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April 14, 2024, 04:34:28 PM
 #22

Well, it is always easy to talk than to act. Reminds me of people who are blaming early investors for selling too early but cannot buy during a big dip. I do get the idea of how circumstances play a role in the lives of investors such that there will be time you'd be worried of losing whoch also scares you to engage into it. Well, it is really a valid thing to hesitate but this should end the idea as well of either selling or buying earlier than what's ideal simply because the market itself is unpredictable. Imagine assuming that the dip will already be the last but the market keeps on falling when you happened to sten in that margin. We are not even required to embrace that much of a risk if we don't really feel like. Wait for more if that would be better on your end and just avoid FOMO to not escalate the problem. Problem is with people wishing to maximize the profit by more engagements into it.

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April 14, 2024, 04:44:28 PM
 #23

Some people would barely get satisfied. Those who keep asking for something will start asking for more when they get that thing, something similar always happens in the cryptocurrency market. You will see people saying that they will buy if there is a dip, they would have been filling their bag if the price was on x point, etc., but as soon as the price reaches that point, you will see them having different thoughts, asking or looking for a lower price now, such hypocrisy if you ask me.

I saw people predicting and being optimistic about Bitcoin going to $50k after the recent dip, the same people were hoping it goes to $60k so that they can buy more before the bull run but their words have changed so did their plans.

Everything is temporary, but the confusion among some Bitcoin investors about when they should buy is permanent.  Grin

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April 14, 2024, 04:54:25 PM
 #24

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.


People that crying for dip is always scared on buying whenever there’s a price movement regardless of upward or downward movement. They are crying for dip because they are scared to purchase when the price is increasing which they do too when the price id dipping. People like this usually purchased when Bitcoin is on top because the only thing that will push them to buy out of fear is the hype.

Quote
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.

Bitcoin halving is already around the corner. I think the war intensifies the bearish move which frequently happened when halving is already near to occur then price will pump after the event when weak hands shake off.

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April 14, 2024, 04:58:20 PM
 #25

There are many who will wait for the dip to get deeper before they start buying and they might miss the current prices only because of this. As you said, the ones who start doing DCA at this point will benefit a lot from the dip because we are not sure whether we will see it going further down or not and if we don't buy and it starts going up again, we will miss the opportunity that we have got either because of the conflict or any other reason unknown to us.
 
Investors who thought it wouldn't go down anymore and bought Bitcoin and other assets when Bitcoin was around $70k will regret their decisions now other than the ones who were doing DCA even then because in that case, they must still have money left behind that they can use to buy the dip and continue with their DCAing.

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April 14, 2024, 05:31:12 PM
Last edit: April 14, 2024, 11:51:09 PM by sokani
 #26

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

<snip>

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.


Apparently, people like building castles in the air but when presented with an opportunity, they allow it slip through their fingers. I never for once thought the price of Bitcoin could deep to $61k before halving, but it did and now it's back up to $64k. People shouldn't hope for another deep because they may not get one, a good investor will always see the deep as a perfect opportunity to fill his bag and hodl.
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April 14, 2024, 08:03:00 PM
 #27

The BUT here is how people get so weak after the dips finally happen and they do nothing...
But of course, you don't expect those who see Bitcoin as a shortcut to escaping poverty to have that strength of character to buy in when they see any sharp fall. These ones aren't real investors, they're only seeking a way out to multiply their money if invested. For me, this crash is supposed to be an energizer for buying. Whatever that's responsible for the crash isn't supposed to be a thing to scare anyone from buying. It's an external issue and not issues arising from Bitcoin specifically. Those who still have funds not tied to one project or another should find what's happening in the market now a wake up call to buy more.

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April 14, 2024, 08:39:08 PM
 #28

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.
Nah, I don't see it that's the effect of the conflict of Iran and Israel. If there is, then it's because some army there or their government withdrew money to buy arms? or whales from the affected countries have withdrawn because of the conflict? no.

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.

I agree, DCA while you can and take every dip as an opportunity to buy because you'll not see it again once we enter the bull run.

But we might see it after it but it's going to be during the bear market and you'd consider these prices that are still quite expensive before you buy so, DCA.

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April 14, 2024, 09:09:56 PM
 #29

Reading the OP, I remembered a chat someone posted yesterday of a newbie asking the person whom introduced them to bitcoin to refund their money back because the market is dumping. Many new investors cannot deal with the losses that exist in the market, I call them delusional investors. They have such high expectations for their returns on their investments and refuse to accept that the market can go sideways. A common problem with these investors is that they are short term holders, they are not interested in hodling for more than a 5month period.

No matter the price of Bitcoin, still there are those who will sit on the sidelines and tell themselves that they are waiting for the right time to buy. There is no right time to buy. Buy as much as you can afford and hodl.

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April 14, 2024, 09:15:23 PM
 #30

Bitcoin was dipping around $60K. Are your friends still looking for more dips? I don't think there will be more dips unless Iran and Israel continue the war. Because halving is too near, and after halving, there would be significant movements. Also, Hong Kong would approve an ETF that would drive Bitcoin up. During the dip, altcoin was more dip. So I accumulated some altcoins at that time since I was also holding a small amount of bitcoin. 

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April 14, 2024, 09:39:48 PM
 #31

Finally it's happening, are you buying already? Because I asked three friends via WhatsApp and they wanted more dips.
People that want more dip are not really ready to buy the dip, they just keep on saying they want dip, no matter how bitcoin dip, when you contact them and ask them if they already bought, they will say they want more dip. Their are some set of people that do say they want to invest in bitcoin, but from their action, it’s obvious that they are not really planning to invest. If you think you can buy bitcoin at the lowest price, then it’s not going to be possible, the best thing is just for you to plan yourself, do your research and know when to invest. But what I notice is that, most people are always scared to invest when they are actually suppose to invest.

When their is a dip, people do end up panicking and they won’t invest, but when a coin bounces back, that’s when they will start buying, the dip is suppose to be for accumulating coins.

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April 14, 2024, 09:49:57 PM
 #32

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.


I agree. Although I expect another correction on the 4 hour chart, down to the 55k support, if we go below 61k again. I have put in a stop-loss buy @65k, in case this is a bear trap. But the probability of making a profit from another daily red candle is quite high, from my perspective. We have been waiting on a correction too long, so this dip might have a bit more dip in it, especially with the Iran-Israel scare. (Although I find holding Bitcoin is more safe than fiat or gold, in the event of a third world war)

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April 14, 2024, 09:58:49 PM
 #33

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.


The current price dips is already a big opportunity to enter the market for newbies, but it would be more attractive if the price would drop even more so that even old investors will continue to DCA and create a maximum purchase. However, those who are new in the market and have bought bitcoin when the price is quite high must be real panicking at this moment but knowing this is just temporary so they should not feel highly pressured now because it would only push them to create wrong decision that they might only regret later on.

Just buy and hold. Stick with your plan so you can finally achieve your goal while the current market condition is giving you huge opportunity to make it happen.

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April 14, 2024, 10:16:25 PM
 #34

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.


The current price dips is already a big opportunity to enter the market for newbies, but it would be more attractive if the price would drop even more so that even old investors will continue to DCA and create a maximum purchase. However, those who are new in the market and have bought bitcoin when the price is quite high must be real panicking at this moment but knowing this is just temporary so they should not feel highly pressured now because it would only push them to create wrong decision that they might only regret later on.

Just buy and hold. Stick with your plan so you can finally achieve your goal while the current market condition is giving you huge opportunity to make it happen.

I see what happens on Monday. But I can get a few thousand dollars worth in staggered buys if I chose to.

Maybe 61, 59, 57 if they come up.

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April 14, 2024, 10:54:17 PM
 #35

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.

We see this story every single time we are close to the bull run, the ones that are the most vocal about wanting a dip, so they can buy for a price which is lower than the current one, are for the most part the ones that will refuse to take action once that happens, and they will always excuse themselves when the dip pass them by saying that they were waiting for a bigger dip or that their strategy told them not to buy, but we know the truth, they chicken out and they are just giving excuses to hide the fact they did so.

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April 14, 2024, 11:09:47 PM
 #36

~
I just buy now whenever it dips to 65k lol. Considering it has happened quite a few times, I reckon I've made pretty good out of the small dips the market has had ever since reaching the $70k levels. This is separate from my DCA though, at that point I just buy in at whatever the price really is.

Honestly, if people wanted to talk about buying the dip, they would've done so back when it was $20k, or even $30k. Talking about buying the dip now when it's pumping seems kind of contradicting.

R


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April 14, 2024, 11:18:54 PM
 #37

Well, the red dip is gone now and it's back up. There are a lot of happenings in just a short amount of time and I hope that everyone has taken advantage of the sale and has profited somehow. Everyone who has bought should be up right now.

I think it has something to do with the psychology, knowing that it's red, it might be a warning to them that it's not yet time to buy or something. It's probably good to train yourself to feel different when it's red or something.

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April 14, 2024, 11:28:05 PM
 #38


Instead of doing nothing, consider DCA.[/b]

And how does DCA help? When the price dipped, you should buy more while you can, and putting $100 every week is the opposite of it, if the bull run will peak at 2-3 times higher price than now, that would still be a small gain.

If someone sits on a large BTC investment, they don't necessary have to buy even more now, it only applies to those who missed the bear market and now are looking for their last chance to buy for the current bull run.
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April 14, 2024, 11:40:40 PM
 #39

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.

Personally, I've done my fair share of DCA and I don't think my risk appetite calls for another one of those for now. It's asking me to make sure I don't get burned to a crisp by the crash and that I was able to still save some profits for myself, and honestly, I think everyone who's able to take profit from the previous month's pumps should do so as well. At this point the halving crash that always happens whenever there is a halving is almost always ensured, and that means that regardless if you buy or sell, bitcoin's going to the shitter in the next few days, now as a sensible investor and not a "bitcoin is the second coming of jesus christ" type of investor, I'm going to get my pimply ass off and sell my bitcoin, and then reentry at a lower price point sometime after the halving and wait it all out.

DCA is good and all but if you're not willing to take the risks of losing your money (at least temporarily) then consider selling and then reentering the market sometime after, nobody's gonna call you out for doing so anyway, and most of all, you're making sure you're able to save your self from utter annihilation and if you got profits, you're able to secure them as well.

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April 14, 2024, 11:42:01 PM
 #40

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.
(...)
This is really what I am waiting for people who are fans of telling this line always. It seems they are driven by their emotion and when the time comes, they are already afraid to do what they are hoping to happen, sometimes this opportunity comes only once, so we must stick with our plan or decision.

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April 15, 2024, 01:22:04 AM
 #41

Finally it's happening, are you buying already? Because I asked three friends via WhatsApp and they wanted more dips.
Of course they want more dips.  And when the dip they want never happens, Bitcoin is too expensive!  So why buy now when you can wait until Bitcoin is 100,000 Dollars so you can whine about how expensive it is and how it will NEVER go higher than that.

Stop wasting time with these kind of friends.  They will be stuck in a continuous loop of pretending to be smarter and never actually buying.  At the end of the day, they will lose the most.  Do your own thing, buy your Bitcoin when you feel like it and that is it.

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April 15, 2024, 02:56:50 AM
 #42

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.


See, this is why "just holding" is not easy as what every people who do not actually hold thinks. It is always gonna be the decision that messes up everything. From deciding when to buy to when to sell, this has always been the struggle for every holder who were trying to maximize the potential profit that they're making.
People wants a dip or a correction, what it started with a a few thousand dollars, the decision changes opting to wait for a little dip further. Not everyone are actually maximizing the DCA opportunity, some who does DCA might have missed a lot of correction as well as they also want to find the bottom possible.
It is their decision anyway, let them realize what DCA really means.

R


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April 15, 2024, 11:18:29 AM
 #43

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.
Everybody do have some money, the difference is are they willing to let go of the money? Are they prepared to risk the money on investment? There are people that don't want to take risks on digital assets and they have enough money.

For most, money isn't the problem, its a matter of choice to choose to trust in Bitcoin, unfortunately in today's world many  people still thinks that Bitcoin is a wrong investment.

This Bitcoin thing is best for those who understand it, this way they will be able to triumph over their emotions, those who sees dump as an opportunity will surely take the risks and those who lacks the knowledge will find it hard to risk more money, although not everyone will be able to keep on buying and buying, especially those who haven't witness a bear to bull market before.

I just believe that Bitcoin deserves to be bought using the DCA method every now and then, and no amount of dump should be able to put a doubting sprit in you.
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April 15, 2024, 12:55:46 PM
 #44

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.

They didn't buy any as they wanted more dip...Perhaps, this is the mindset of the people who are actually not in the interest of buying Bitcoin. They are just good at speaking but not good at doing. They want the dip, but they don't spend any penny because for another reason (what IF's). We can hear a lot of stories about this but we can't force them to take risks when they are not nor ask them to try.
Investing is a matter of choice, not all see the potential of Bitcoin, and even how many times it has been proven, still a lot of people keep ignoring it.

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April 15, 2024, 01:27:22 PM
 #45

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.
Most people who are into bitcoin actually know that the dip is here already, but they are probably not buying because maybe there are not financially stable yet and for those that are financially stable they might still have the believe that there will be more dips in the coming weeks. If you are not financially stable fine not to invest, but  if you are actually waiting for more DIP then I think you are a risky kind of investor, though life itself is about risk but investing now is probably the best odd you can get on this DIP Period, because more DIP is not certain and as you are actually waiting Bitcoin might start pumping.

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.

Well on this Aspect I totally agree with you, the Dip is already here and it actually the best time to invest if you have the plans to invest in bitcoin. For those who want more Dip are really not ready because if you have plans to invest during the Dip, how Dip do you want bitcoin to go before you can invest. About considering the DCA I think it a nice idea, probably the best in this DIP period.let assume  you are earning on wages or salary I don’t think you can miss out on the Dip because you always investing each time you get paid. So instead of waiting for more Dip it probably best to invest each time you get paid no matter how little your investment might be it better than waiting and maybe missing out on Bitcoin investment.
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April 15, 2024, 02:00:58 PM
 #46

Well, people are often greedy, and when the prices drop, they just want to wait for them to drop even further. If it doesn't happen, it's a missed opportunity. If it happens, people often lose faith in Bitcoin because now the price is apparently too low, and it might not recover.
I agree that it's one of the reasons why DCA is a good strategy. With DCA, people don't have to think about the prices, and they simply invest a certain amount on a regular basis, which is a way to avoid weaknesses like greed.

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April 15, 2024, 04:18:30 PM
 #47

~
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.

I have the balls (literally), and at the same time, I have the balls to spend my spare money just to buy Bitcoin.
I already sold my phone just to buy more Bitcoins in preparation for the bull run. Just Kidding I will not do that. Cheesy

It's a bit ironic that there are many people who wants Bitcoin to go down 10-20% but when they saw it happened, they wanted more. They wanted Bitcoin to dip even more and because of that mindset, they most of the time miss the opportunities to buy Bitcoin at a much lower price. DCA is considered the safest, and newbie-friendly way of investing, but it still has risks. It will just all come to "how willing you are to take that risk" and buying Bitcoin at it's current price, and you don't care about it going even lower because you're buying it for the mid to long term or at least you will sell it during the bull market.

Overall, if you want to be profitable in investing, you just need to have the balls to buy Bitcoin if it's at it's lowest possible price like this time or maybe a few days ago.

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April 15, 2024, 05:50:53 PM
 #48

Well, the red dip is gone now and it's back up. There are a lot of happenings in just a short amount of time and I hope that everyone has taken advantage of the sale and has profited somehow. Everyone who has bought should be up right now.
I'm sure so many will still be waiting for further dip, not knowing that price had left them behind. The sharp drop was eaten up so easily that it's almost like the huge dump was minor. The dump was so sharp that some portfolios lost over half of their hodlings, but the market is recovering now within 48 hours it happened. If it were before, such a drop could take the market more than a week to recover its loss.

As for taking advantage of the dip to DCA, I won't be alarmed if people aren't doing it but waiting for price to dip more. That has always been the psychology of man; too scared to take action when he knows he's likely to be in the minority to act.

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April 15, 2024, 06:04:07 PM
 #49

It takes balls, money, and wisdom to invest in cryptocurrency. Even before gathering the balls, you need to have the funds for investment, but that's not what I want to go into now. Many people are waiting for the right time to invest in cryptocurrency but in my little time spent learning and knowing kinds of stuff about crypto there's no such thing as " the right time". You may think you've bought those assets and a lower price until after a while the price begins to come down and you start feeling like you've lost more than enough.

The thing about the crypto market is that it fluctuates often. One needs wisdom to understand charts and the movement of the market. Do what you must and do it fast.

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April 15, 2024, 06:25:34 PM
 #50

I wouldn't concern myself with short-term price movements even when they are as significant as the ones that we witnessed because of Iran's bombing of Israel. Whoever has been here for a few years has seen it all and shouldn't be stunned by anything anymore no matter in what direction the price is moving. Everyone would, of course, prefer if it went upwards but it can't always be like that. Those who are patient, usually profit in the long-run. 

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April 15, 2024, 06:49:20 PM
 #51

Finally it's happening, are you buying already? Because I asked three friends via WhatsApp and they wanted more dips.
Of course they want more dips.  And when the dip they want never happens, Bitcoin is too expensive!  So why buy now when you can wait until Bitcoin is 100,000 Dollars so you can whine about how expensive it is and how it will NEVER go higher than that.

Stop wasting time with these kind of friends.  They will be stuck in a continuous loop of pretending to be smarter and never actually buying.  At the end of the day, they will lose the most.  Do your own thing, buy your Bitcoin when you feel like it and that is it.
They will be like, it is within the range of 60k, it is still high. I hope it will go back to the range of $40k then I will buy. Then, 40k will never happen again. They will keep speculating until it is bull run and the price is moving fast to 100k. They will eventually join at the range of 90k when the FOMO is very high. Then the bear will happen to them and they will panic and sell at lose. The cycle continues that way.

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April 15, 2024, 06:54:16 PM
 #52

each one has to discover the true btc value at the price he/she deserves... good time for DCA

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April 15, 2024, 07:11:09 PM
 #53

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.

Im not seeing that these current prices are the bottom but rather i would really be that tending to expect that there would really be much more lower than this on which it would really be that a normal day here on crypto space on which this is something that we dont really know on where it would really be heading. Have the balls? not all would really be doing such thing specially when making up some DCA.
Whenever the market would really be giving out such movement then to those who do lack experience and awareness on how this market behaves or moves would usually freak out
but for those people who do have the experience then they do really know on how things works and behaves.

Actions would really be taken on the right moment and on the right time but of course no one could be able to know on whats the bottom of this dip. Im expecting something way lower than $50k.

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April 15, 2024, 09:49:46 PM
 #54

Well, based on what I saw in social media and other blogs, the recent dip in bitcoin price is diue to someone or a whalse just sell its bitcoin assets and the amount is too big that's why you can notice the dip in price and it is normal but the changes is significantly noticeable, but this is a good opportunity for us, we could take the risk and buy the dip but also do mind that bitcoin halving is coming in a few days so we are still not sure on what will happen to the bitcoi price, will it keep on increasing or take a massive dip either way its up to us investors on how much risk can we do, I do also hope that the bifcoin price may drop into $50k then I would buy more, because I believe in bitcoin, so I'm ready to take the risk as this may be a good opportunity.

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April 15, 2024, 10:06:24 PM
 #55

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.

People here will believe any narrative they want. The conflicts in those countries have nothing to do with BTC's price drop. It's a few days out before the halving; this always happens. It's a little bit more accumulation before any major movement.

Stop trying to push some strange agenda; it's very weird.
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April 16, 2024, 05:17:04 AM
 #56


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.

When the market is in dip, people become crazy and think negatively --drops, collapse, end of crypto, etc...
For many years that have been here, this is the normal situation and still be the possible situation many years from now. Those who think that Investing in Bitcoin is worth will take their chance but those who are not will simply don't mind about it.

Investing should be planned well, if we don't have the guts to risk, then better forget or just enjoy other stuff rather than forcing ourselves to do something that we don't prefer or something that we don't understand. Because this not just talk about money but also preparations and mindset.

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Sebas.tian
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April 16, 2024, 06:23:10 AM
 #57

Yes, the time has come again for investors to purchase Bitcoin from the market, because the price has decreased from higher to lower for those that prepared for it to use this opportunity to purchase Bitcoin, but not everybody that can use this opportunity to purchase because some investors are waiting for the price to reach $40,000 before they can make use of their opportunity to purchase from the market. I think, many investors that missed this year bullish season have learned their lesson not to be in a hurry to purchase Bitcoin , because those that purchased Bitcoin when the price was $19,000 last three years make huge amount of income than those that purchased when the price was $40,000, which it will be a good decision to exercise patience for the price to decrease to your satisfaction before you can purchase. Those that get weak whenever bearish season begin to happen, are those investors that have spend all their income and nothing to use to purchase Bitcoin from the market, because they know that loaning capital to purchase Bitcoin is not advisable to any investors and it can make them weak in the bearish season.

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April 16, 2024, 07:54:31 AM
 #58

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.


I have the balls to do whatever I want, I have sold my cars and my properties to buy Bitcoin, and I am still looking forward to buy more Bitcoin, but do not forget that it will get to a point where you won't have a lot more to spend, I am up a lot because I bought my bitcoin using this money at 17k per one Bitcoin, and I am still up till today.

Even with DCA method it will get to a point where you won't be able to keep up, because we are humans, we have other things that we must do, my advice is people need to only do their bests and leave the rest, Bitcoin investment is not a do or die thing.

You don't have to risk all you have on Bitcoin, let's not forget that its easy to invest in Bitcoin but its not easy to be a long term holder, not all money deserves to be invested into Bitcoin, we got to live, we have responsibilities, if you have 0.005 BTC you are already a Bitcoin holder, even if all you have is $500 BTC you are still good.

Make sure you are investing what you can afford, and do not forget to live your life, we are all waiting for a new all time high today, but no one knows tomorrow, it is possible that not everyone will see Bitcoin reach a new all time high, let not having at all be the problem you should fix.

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April 16, 2024, 05:23:43 PM
 #59

I wouldn't concern myself with short-term price movements even when they are as significant as the ones that we witnessed because of Iran's bombing of Israel. Whoever has been here for a few years has seen it all and shouldn't be stunned by anything anymore no matter in what direction the price is moving. Everyone would, of course, prefer if it went upwards but it can't always be like that. Those who are patient, usually profit in the long-run.  
We have time to decides on our future in the space. Profits is important to everyone in the market, we trade and invest because we want to reap enormous profits. Those patient investors are usually the ones that grabbed significant profits in the market. We have watch and experince how these tough seasons happen. The long and short term price movement have always been the top value because there's basically more to achieve this season with our strategy.

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April 16, 2024, 06:07:04 PM
 #60

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.


I have the balls to do whatever I want, I have sold my cars and my properties to buy Bitcoin, and I am still looking forward to buy more Bitcoin, but do not forget that it will get to a point where you won't have a lot more to spend, I am up a lot because I bought my bitcoin using this money at 17k per one Bitcoin, and I am still up till today.

Even with DCA method it will get to a point where you won't be able to keep up, because we are humans, we have other things that we must do, my advice is people need to only do their bests and leave the rest, Bitcoin investment is not a do or die thing.

You don't have to risk all you have on Bitcoin, let's not forget that its easy to invest in Bitcoin but its not easy to be a long term holder, not all money deserves to be invested into Bitcoin, we got to live, we have responsibilities, if you have 0.005 BTC you are already a Bitcoin holder, even if all you have is $500 BTC you are still good.

Make sure you are investing what you can afford, and do not forget to live your life, we are all waiting for a new all time high today, but no one knows tomorrow, it is possible that not everyone will see Bitcoin reach a new all time high, let not having at all be the problem you should fix.
Bitcoin has now been more used as an investment, rather than a currency as such. I think you have the balls, if you actually did sell your property to buy Bitcoin.
Using the DCA strategy during the dip and during the pump seasons will make an investor more disciplined to get returns, but having to DCA for a short while and then sell won't assure much reasonable returns.
DCA is for long term investment, so while we experience the dip and anticipate the halving, let's not forget that now is the right time to invest in owning BTC as an asset before it becomes high and unaffordable for those with small income.

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April 16, 2024, 07:07:01 PM
 #61

Still considering DCA instead of buying dips, not because you don't want to but your financial ability is always not supporting when dips then DCA is the most appropriate way when you have money then buy bitcoin at any price.

We think that now we are at the dips price, but most people want more dips, yes they are not satisfied with the current decline and want to go down more when the price goes up, so only this regret is often encountered by our friends.

I only take advantage of the situation that prices are falling, even though some say this is a small correction, it doesn't matter, some also say wait for a sharper decline then make another purchase.

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Alone055
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April 16, 2024, 07:26:44 PM
 #62

I only take advantage of the situation that prices are falling, even though some say this is a small correction, it doesn't matter, some also say wait for a sharper decline then make another purchase.

Can one time the market perfectly? No, no one can time the market perfectly, so those who suggest that you wait for a sharper decline or a deeper dip, are among the people who often miss very good opportunities and then regret not buying anything when the prices were good.

The current prices might not be the best ones because the market might decline more, but do we know it? No, we don't know that and when we are not sure about something, we don't base our decisions on that and only keep it in the possibility area of our mind.

So, no matter what the condition of the market is, an investor willing to buy should keep doing DCA so that they don't miss any opportunity.

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April 16, 2024, 09:47:10 PM
 #63

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.

We do know that when prices do drops then DCA would really be the best thing that you should do but since not all would really be having such
consideration because of the ff;

1. Scared on taking up risks
2. Lack of funds
3. Waiting up for more bottom

Once you dont have that kind of courage on which you could really be able to make use of specially into these kind of moment or condition then
you would really be definitely be having that kind of missed opportunity on which it might be causing up for you to have that kind of regret deep inside.
When taking up the risks then it would really be needing up that kind of determination and of course this is something that you wont really
to fade out once you do see the opportunity.

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April 16, 2024, 10:00:27 PM
 #64

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.

Yeah, more than anything else, we definitely need money to buy in dips. And most of the time, people are willing to buy because we know how the price will go in the future. But for some, the timing must be off and so we all go back to DCA and there's nothing wrong with that.

And it's not like the dip is huge, the price is still above $60,000 but if someone here has that huge capital then why not buy it as the OP suggested. And this could be the last opportunity, halving is just days away and so this is a perfect chance for everyone before it's too late as we might see a parabolic rise after this.

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April 16, 2024, 10:08:58 PM
 #65


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.


I understand that people have different kinds of choices and decisions for investing in any asset and such decision is not what they can cut short for any reason. Some people want Bitcoin to dip to $55k before they can buy and some other persons want the price to dip to $60k so they can buy too, you can not force them to buy above that price. The reason why some people are not buying now is probably because they are not yet comfortable with the current price and they believe that the price will continue to drop.  Also, some people don't have money to buy any Bitcoin now, I am using my self as an example, I don't have some money to buy now.

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SamReomo
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April 17, 2024, 06:37:20 AM
 #66

Yeah, more than anything else, we definitely need money to buy in dips. And most of the time, people are willing to buy because we know how the price will go in the future.
Yes, money is the main thing that's needed, without it the ones even who are willing to buy in such dips won't be able to do anything. I think this dip will not stay for longer and the ones who already have bought in this dip will make some good profits after the halving event.

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April 17, 2024, 08:34:02 AM
 #67

Yeah, more than anything else, we definitely need money to buy in dips. And most of the time, people are willing to buy because we know how the price will go in the future.
Yes, money is the main thing that's needed, without it the ones even who are willing to buy in such dips won't be able to do anything. I think this dip will not stay for longer and the ones who already have bought in this dip will make some good profits after the halving event.

That's why I say the best time to buy is when we have the money and are willing to take the risk, not what the bitcoin price is. Because even if bitcoin drops to $10k, if we If you don't have money, this is not a good time to buy bitcoin.

Don't pay attention to the short-term trend of bitcoin, just remember that after the halving, the bull season will come sooner or later. So what we should do now is buy more bitcoin if someone still has money, those who don't have money should hold tight and not think about optimization.

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April 17, 2024, 10:16:30 AM
 #68

That's why I say the best time to buy is when we have the money and are willing to take the risk, not what the bitcoin price is.
Yes, the best time to buy Bitcoin is when someone has money to invest in it. As long as Bitcoin is below $100k in this bull run, it's an opportunity for the investors. The ones who buy Bitcoin now by investing their money in it would gain enough profit when Bitcoin get to new peak during the high intensity of this bull run.

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April 17, 2024, 02:06:32 PM
 #69

I have held since the price of BTC at $71k and until now I kept holding with this market only people who have a golden hand will have the gains, people want to have more dips because they want to take the opportunity to at least take a ride with the market, we know people keep doubting the BTC during its lowest price around 20k and they keep waiting to make dip but after a few weeks the price of the bitcoin goes up and break its resistance so they keep hoping they can make at least small ride gains with this mini dumps before the price goes sky rocket.

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April 17, 2024, 03:23:28 PM
 #70

I have held since the price of BTC at $71k and until now I kept holding with this market...
That's not an ideal example because it would make little sense that you sell now if you acquired the asset at around $71.000 and loss money. Bitcoin's value is now $10k less than the valuation you mentioned. A better example of strong hands would be if you said that you held your BTC from $20k, and didn't sell any even when the price increased to $71k.

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April 17, 2024, 06:28:30 PM
 #71

I only take advantage of the situation that prices are falling, even though some say this is a small correction, it doesn't matter, some also say wait for a sharper decline then make another purchase.
Can one time the market perfectly? No, no one can time the market perfectly, so those who suggest that you wait for a sharper decline or a deeper dip, are among the people who often miss very good opportunities and then regret not buying anything when the prices were good.

The current prices might not be the best ones because the market might decline more, but do we know it? No, we don't know that and when we are not sure about something, we don't base our decisions on that and only keep it in the possibility area of our mind.

So, no matter what the condition of the market is, an investor willing to buy should keep doing DCA so that they don't miss any opportunity.
That's because we don't know when the best price really is, we are not perfect in analyzing only taking advantage of opportunities when I think it's good (discounted price) then take action if you just wait for that person to obviously lose the opportunity to buy not a few many people like this.

Even when prices go down they look more at what narrative is going down and talk about when it goes up again because they see the portfolio continues to fall, selling is foolishness at a loss then buying is an opportunity where it will get returns again.

Well, that's the most appropriate, DCA is the best way for prices to go up or down and still buy that way.

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April 17, 2024, 09:44:57 PM
 #72

That's why I say the best time to buy is when we have the money and are willing to take the risk, not what the bitcoin price is.
Yes, the best time to buy Bitcoin is when someone has money to invest in it. As long as Bitcoin is below $100k in this bull run, it's an opportunity for the investors. The ones who buy Bitcoin now by investing their money in it would gain enough profit when Bitcoin get to new peak during the high intensity of this bull run.

There is no perfect time to buy Bitcoin but it is better to buy during a market correction than the current situation (Bullrun). Even though we think that it was below $100k, if we consider that we are not sure what will happen next or just say, the price suddenly drops, how these people can manage to hold?
 
It is indeed profitable but buying during this time is not a good decision even applying DCA. This is why many people have lost because they buy Bitcoin during the bull season and just sell it as the price drops after.

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April 18, 2024, 02:51:33 PM
 #73


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

I always buy more whenever I have the money to buy more. I hardly waited for Bitcoin dip before buying because I always see every Bitcoin price as an opportunity. Because the Bitcoin price is hard to be predicted, and one thing again, I always buy at any time is that I am willing to hold my Bitcoin for a long period of term.

Those set of people that are not buying now and waiting for more dip, are set of people that even Bitcoin price down to $10k, they will still want more dip. The truth is that this set of people are hardly satisfied with the Bitcoin price at any price it is. But I see these people as the people that don't understand Bitcoin properly. If not, they should have looked for one of accumulating Bitcoin, especially by using DCA method, buying regularly monthly or weekly.

There are any people that have a great opportunity of buying Bitcoin at low price, but due to they will wait for more dip make them lose the great opportunity, and if they have accumulated Bitcoin at that period of time, they should have been in reasonable price by now. Let know that some set of people have the opportunity to buy Bitcoin when the price went down dip to $16k, but they did not but want more dip. The truth is that it is very possible that your friends may not get the opportunity to buy the at its current price again.

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April 18, 2024, 03:46:36 PM
 #74

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.

Of course, those who are new to or investing in Bitcoin will definitely be shocked to see the current price decline and will be afraid to buy it again. On the contrary, if investors already understand what investing in Bitcoin is, they certainly won't be surprised that this happens. They certainly won't see what price they previously bought each month. If they don't do or add anything in the following month of course there must be things that we don't know about that person. Either they were affected by a disaster that occurred in their family, so it is more important for them to hold fiat than investment.



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April 18, 2024, 04:50:04 PM
 #75

Everyone claimed that they wanted the dips, every friends I knew have been screaming about Bitcoin dips for weeks now.
Not everything, I didn’t want the dips Smiley, but it was inevitable, because bitcoin’s chart looked too good for this to continue.

Finally it's happening, are you buying already? Because I asked three friends via WhatsApp and they wanted more dips.
The fear factor also played a role here. If bitcoin depreciates even more, then these guys will not be comfortable with their actions. And greed. They want to buy even cheaper, but as a result they only miss a good chance to buy BTC at a discount at the last moment.

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.
Any growth is accompanied by a fall (temporary) and alternates.

It's all part of the game, so very normal.
And the one who knows the rules wins this game. And whoever follows them loses. Smiley

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.

I am sure that the current fall has discouraged many, because they were anticipating a direct and quick rally to $100k. Naive dreamers Smiley and weak hands that could strengthen if they were a little firmer in their intentions (to buy bitcoin).

P.S. Any investor, to be even remotely successful, must have steel balls. Smiley

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April 18, 2024, 06:30:37 PM
 #76

There is no perfect time to buy Bitcoin but it is better to buy during a market correction than the current situation (Bullrun). Even though we think that it was below $100k, if we consider that we are not sure what will happen next or just say, the price suddenly drops, how these people can manage to hold?
 
It is indeed profitable but buying during this time is not a good decision even applying DCA. This is why many people have lost because they buy Bitcoin during the bull season and just sell it as the price drops after.


Currently the market is down and most of the people will think that now is the best time to buy bitcoin but I will suggest that don't be too desperate to buy currently because the market is very hard to predict and there is no guarantee that the price of Bitcoin will surge again after halving.

We should keep calm under such conditions because if we are buying more and more but the price does not move higher according to our expectations then what will we do? There will be no option with us instead of selling with loss or waiting for another four years.



 

 

 

 

 

 


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April 19, 2024, 12:37:26 AM
 #77

Well. We cannot expect all people to have the mentality of successful Bitcoin Traders, otherwise, there would be many successful traders out there and the market would certainly look very different because of it.
It also depends on what the personal definition of a dip is for each one of your friends. Depending of the general weather of the market, a dip can be a 5%, but since we are seeing a high degree of volatility, then I would not be surprised to see red days going down 8% of the current value of Bitcoin. It certainly takes balls to buy at these prices, even after what we would call a "dip".

By the way, while certainly the escalation of the conflict in the middle east could play a significant role of this descent of the price of Bitcoin, I still believe it is too soon to talk about a different influence over Bitcoin from the conflict between Iran and Israel.

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April 19, 2024, 02:42:22 AM
 #78

Well. We cannot expect all people to have the mentality of successful Bitcoin Traders, otherwise, there would be many successful traders out there and the market would certainly look very different because of it.
The market is made up of winners and losers and in other words, there are successful people and unsuccessful people in a same market. You can not have one and don't have another in the same market because in a limited zero-sum game market, capital only switches from losers to winners and around internally.

Successful people will hope that unsuccessful people continue to repeat mistakes and lose money to winners in the market. You can not change the market to be a place where there are only winners or only losers as it always needs to have both.

Fortunately you can change yourself from a loser to a winner by learning and upgrading your knowledge and having more wisely and properly strategies and approaches in the market.

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April 19, 2024, 03:24:58 AM
 #79

Any drop whether large or small will always be present and my assumption regarding the Iran-Israel conflict I think is normal and does not really matter for BTC. All of the events above only affect investor behavior indirectly so that more or less it has an impact on negative sentiment in the market.

The impact of short-term or long-term price fluctuations we must take advantage of more now. Yes, with DCA whatever the market conditions are, it can always help us and I think the moment now can be started rather than just being a spectator.

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April 19, 2024, 03:56:07 AM
 #80



By the way, while certainly the escalation of the conflict in the middle east could play a significant role of this descent of the price of Bitcoin, I still believe it is too soon to talk about a different influence over Bitcoin from the conflict between Iran and Israel.

1 hour ago, some news said that Israel counterattacked Iran and immediately bitcoin reacted and the price fell below 60k$ again. But less than an hour later, Iran announced that there was no attack from Israel and bitcoin is now trading above $62k. To me, I never believe this news and it seems like someone is trying to manipulate the market with fake news (I mean the entire financial market, not just bitcoin). We are very close to bull season, don't let market makers take away your bitcoins, don't rush to believe any news without verification.

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April 19, 2024, 04:12:52 AM
 #81

By the way, while certainly the escalation of the conflict in the middle east could play a significant role of this descent of the price of Bitcoin, I still believe it is too soon to talk about a different influence over Bitcoin from the conflict between Iran and Israel.
1 hour ago, some news said that Israel counterattacked Iran and immediately bitcoin reacted and the price fell below 60k$ again. But less than an hour later, Iran announced that there was no attack from Israel and bitcoin is now trading above $62k. To me, I never believe this news and it seems like someone is trying to manipulate the market with fake news (I mean the entire financial market, not just bitcoin). We are very close to bull season, don't let market makers take away your bitcoins, don't rush to believe any news without verification.
For bitcoin holders, there should be no need to believe news from outside. We just need to know it and be ready with our analysis. News like that can be very manipulative, so we have to be careful in determining our attitude. We must not be trapped by unclear news, nor should we rush into taking action.

We should always monitor and analyze the market so that we know where the market will move. The bullish season is coming. We have to remember and prepare for it to take advantage of it. Sometimes there will be a diversion of issues from the problems that are currently occurring so that we will all be led to another scenario.
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April 20, 2024, 10:30:33 AM
 #82

By the way, while certainly the escalation of the conflict in the middle east could play a significant role of this descent of the price of Bitcoin, I still believe it is too soon to talk about a different influence over Bitcoin from the conflict between Iran and Israel.
1 hour ago, some news said that Israel counterattacked Iran and immediately bitcoin reacted and the price fell below 60k$ again. But less than an hour later, Iran announced that there was no attack from Israel and bitcoin is now trading above $62k. To me, I never believe this news and it seems like someone is trying to manipulate the market with fake news (I mean the entire financial market, not just bitcoin). We are very close to bull season, don't let market makers take away your bitcoins, don't rush to believe any news without verification.
For bitcoin holders, there should be no need to believe news from outside. We just need to know it and be ready with our analysis. News like that can be very manipulative, so we have to be careful in determining our attitude. We must not be trapped by unclear news, nor should we rush into taking action.

We should always monitor and analyze the market so that we know where the market will move. The bullish season is coming. We have to remember and prepare for it to take advantage of it. Sometimes there will be a diversion of issues from the problems that are currently occurring so that we will all be led to another scenario.

Bull season is approaching and more Fud will appear, the aim of the market makers is to make us panic and sell our bitcoins to them. Therefore, we need to be more alert at this time so as not to fall into their trap and regret it later. I believe that negative news like the Fed will not lower interest rates, the risk of world war 3 will appear more in the near future and as I said, the purpose is for us to panic and sell bitcoin. But let's not forget the halving is complete, the price increase season will happen and that is inevitable, don't pay too much attention to small fluctuations in the short term.

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April 20, 2024, 11:43:54 AM
 #83


We should always monitor and analyze the market so that we know where the market will move. The bullish season is coming. We have to remember and prepare for it to take advantage of it. Sometimes there will be a diversion of issues from the problems that are currently occurring so that we will all be led to another scenario.
IMHO if the goal is a long-term investor, there should be no need to monitor too hard until every day because in the end our goal is not short-term but long term than that so we don't need to bother to monitor every time the market movements are fluctuating because in the end it's just a waste of time if our intention is for long-term investment.

Unless our intention is to be a trader who must be ready to trade every day and manage margins at all times then indeed it may be necessary but i think if the goal is only for long-term investment although it is very good to study the market but we do not need to monitor the volatile market every time because it does not make any impact on the long-term investment we are doing.

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April 20, 2024, 12:19:09 PM
 #84

By the way, while certainly the escalation of the conflict in the middle east could play a significant role of this descent of the price of Bitcoin, I still believe it is too soon to talk about a different influence over Bitcoin from the conflict between Iran and Israel.
1 hour ago, some news said that Israel counterattacked Iran and immediately bitcoin reacted and the price fell below 60k$ again. But less than an hour later, Iran announced that there was no attack from Israel and bitcoin is now trading above $62k. To me, I never believe this news and it seems like someone is trying to manipulate the market with fake news (I mean the entire financial market, not just bitcoin). We are very close to bull season, don't let market makers take away your bitcoins, don't rush to believe any news without verification.
For bitcoin holders, there should be no need to believe news from outside. We just need to know it and be ready with our analysis. News like that can be very manipulative, so we have to be careful in determining our attitude. We must not be trapped by unclear news, nor should we rush into taking action.

We should always monitor and analyze the market so that we know where the market will move. The bullish season is coming. We have to remember and prepare for it to take advantage of it. Sometimes there will be a diversion of issues from the problems that are currently occurring so that we will all be led to another scenario.
More or less everyone wants to deposit bitcoins, some may or may not deposit bitcoins because of necessity, and many people who have more investment money can definitely deposit more bitcoins. Those who buy Bitcoin for the long term must focus on the market rather than relying on other news because the market needs to be checked and then bought.

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April 20, 2024, 02:47:00 PM
 #85



By the way, while certainly the escalation of the conflict in the middle east could play a significant role of this descent of the price of Bitcoin, I still believe it is too soon to talk about a different influence over Bitcoin from the conflict between Iran and Israel.

1 hour ago, some news said that Israel counterattacked Iran and immediately bitcoin reacted and the price fell below 60k$ again. But less than an hour later, Iran announced that there was no attack from Israel and bitcoin is now trading above $62k. To me, I never believe this news and it seems like someone is trying to manipulate the market with fake news (I mean the entire financial market, not just bitcoin). We are very close to bull season, don't let market makers take away your bitcoins, don't rush to believe any news without verification.
I don't think bitcoin prices have fluctuated around events in the Middle East. We have always seen in the past that before the Bitcoin halving, the price of Bitcoin falls, but this year the price of Bitcoin has fallen, but I think that has taken too much of a correction. Bitcoin price peaked before the halving, so the market was in good shape before the halving this year and still is. With Bitcoin halving, it seems to me that the market is in a normal position. I'm not worried about the price of Bitcoin going up and down due to a war between the two countries, although that seems baseless to me. I hope Bitcoin will appreciate in the coming days, so I am focusing on holding my Bitcoin for the long term.

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April 21, 2024, 05:03:40 AM
 #86



By the way, while certainly the escalation of the conflict in the middle east could play a significant role of this descent of the price of Bitcoin, I still believe it is too soon to talk about a different influence over Bitcoin from the conflict between Iran and Israel.

1 hour ago, some news said that Israel counterattacked Iran and immediately bitcoin reacted and the price fell below 60k$ again. But less than an hour later, Iran announced that there was no attack from Israel and bitcoin is now trading above $62k. To me, I never believe this news and it seems like someone is trying to manipulate the market with fake news (I mean the entire financial market, not just bitcoin). We are very close to bull season, don't let market makers take away your bitcoins, don't rush to believe any news without verification.
I don't think bitcoin prices have fluctuated around events in the Middle East. We have always seen in the past that before the Bitcoin halving, the price of Bitcoin falls, but this year the price of Bitcoin has fallen, but I think that has taken too much of a correction. Bitcoin price peaked before the halving, so the market was in good shape before the halving this year and still is. With Bitcoin halving, it seems to me that the market is in a normal position. I'm not worried about the price of Bitcoin going up and down due to a war between the two countries, although that seems baseless to me. I hope Bitcoin will appreciate in the coming days, so I am focusing on holding my Bitcoin for the long term.

If you pay attention, you will notice that bitcoin corrected before the war news and bitcoin corrected more when the war news spread. War or not, a bitcoin correction is almost inevitable. As I said before, bitcoin has increased in price for 7 consecutive months and bitcoin corrections are completely normal and a sign of a healthy market. But there are many people who don't want bitcoin to adjust but just want bitcoin to increase vertically, so they panic even more when there is a coincidence between bitcoin's adjustment and war.

In conclusion, let's ignore all that clutter and see what's going on, bitcoin is trading above $65k, unlike many that predicted bitcoin would drop to $50k soon. Those who are waiting for bitcoin to drop to $50k to buy should reconsider their plans as I believe this is not the time for any major correction to occur.

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