Nheer
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April 17, 2024, 03:14:32 PM |
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Well yesterday Bitcoin literally experience some dip , and I was excited ( because I see it has an opportunity to get myself some good quantities) while some individuals was out there selling their holdings, due to the dip which initiated some panicking. But I won't blame them though , because most people are just new in this space without any solid knowledge on how things work here , so due to that at any slight dip they would quickly sell with the fear that the dip may continue.
At times like this we should not panic at all as it is an opportunity for us to accumulate more bitcoins at a cheaper rate but a lot of people fail to see it that way instead they panic and sell at loss thinking they are saving themselves for running at loss. I feel say all because dem go invest more money pass their power wey dem fit afford to lose na why dem no wan see bitcoin de decrease in price and dem de forget say bitcoin de volatile and fit move go any direction. All investors suppose de prepare themselves against times like these and train their minds not to panic when there is a drop in price. People who are able to withstand the pressure and didn’t sell at times like this end up to become the most successful.
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I_Anime (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 17, 2024, 06:14:34 PM |
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Well yesterday Bitcoin literally experience some dip , and I was excited ( because I see it has an opportunity to get myself some good quantities) while some individuals was out there selling their holdings, due to the dip which initiated some panicking. But I won't blame them though , because most people are just new in this space without any solid knowledge on how things work here , so due to that at any slight dip they would quickly sell with the fear that the dip may continue.
At times like this we should not panic at all as it is an opportunity for us to accumulate more bitcoins at a cheaper rate but a lot of people fail to see it that way instead they panic and sell at loss thinking they are saving themselves for running at loss. I feel say all because dem go invest more money pass their power wey dem fit afford to lose na why dem no wan see bitcoin de decrease in price and dem de forget say bitcoin de volatile and fit move go any direction. All investors suppose de prepare themselves against times like these and train their minds not to panic when there is a drop in price. People who are able to withstand the pressure and didn’t sell at times like this end up to become the most successful. That's true , alot of investors as already mess up using money that are important or relevant for them as emergency funds to invest in Bitcoin, just in the name of being aggressive with their accumulation in wanting more profits. Most time Such individuals mindset are mainly fixed for short-term profit that why they would go ahead using any funds that comes to their way to invest , which is not encouraging at all . Because it may lead to them selling their investment in loss or when haven't yield them anything due to having a certain emergency or due to fact not being able to bare seeing their funds decreasing in value whenever there's a slight dip in market. That's why most time the best accumulation strategy to recommend to any individual expecially those that are still new in this space is DCA strategy, whigh buying Bitcoin at any price interval in a fixed time either weekly or monthly. Buy using a certain percentage of your earnings to engage in DCAing . Without going all in with your funds in order to have some emergency funds to take care of some expenses while holding
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Obim34
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April 17, 2024, 06:50:59 PM |
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As all of us d for this forum we don know wetin to experience for this halving and how to follow am and I believe most of us are using it in our favor to accumulate bitcoin at a dip price. All the same, all this advice wey we d give on a regular for this forum, I go like make we extend am to our family and friends on what they should expect in this dip market, so that them no go d panic as the price of bitcoin and other altcoins d decline so. As for most of us, we panic not cos we don already know what to expect in this halving and we d see this dip as an opportunity to buy more bitcoin and hodl am till the bull run comes
Yes, Na true u done talk so, this period no be tym we suppose to panic normally we done see DIP wey surpass this one, this na something usual wey dey guaranteed for every Bitcoin cycle, e no go just dey pump dey go like dat, most times e go observe market correction so e go fit meet new price mark and e good to create awareness so much people no go fall victim of selling just too early due to panic from seeing the price of Bitcoin Decline. We just need to priorities our interests on accumulating more Bitcoin inside this current DIP, every DIP counts, we may not frequent such price again.
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Richbased
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April 17, 2024, 07:01:00 PM |
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As all of us d for this forum we don know wetin to experience for this halving and how to follow am and I believe most of us are using it in our favor to accumulate bitcoin at a dip price. All the same, all this advice wey we d give on a regular for this forum, I go like make we extend am to our family and friends on what they should expect in this dip market, so that them no go d panic as the price of bitcoin and other altcoins d decline so. As for most of us, we panic not cos we don already know what to expect in this halving and we d see this dip as an opportunity to buy more bitcoin and hodl am till the bull run comes
Yes, Na true u done talk so, this period no be tym we suppose to panic normally we done see DIP wey surpass this one, this na something usual wey dey guaranteed for every Bitcoin cycle, e no go just dey pump dey go like dat, most times e go observe market correction so e go fit meet new price mark and e good to create awareness so much people no go fall victim of selling just too early due to panic from seeing the price of Bitcoin Decline. We just need to priorities our interests on accumulating more Bitcoin inside this current DIP, every DIP counts, we may not frequent such price again. Yeah this dip might be the last corrections before the halving which is just about some couple of days away, just like you said we have encountered dip of this nature in the past so it's not something that should cause any panic at all because I know how anxious some hodlers can be as a result of this dip but anyone who have been following up the movement of Bitcoin price will really know that this dip is rather an advantage to accumulate more Bitcoins to one's portfolio because after these corrections the price of Bitcoin may no longer dip to this point anymore till after the bull run.
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R |
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Mate2237
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 17, 2024, 07:57:10 PM |
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Today Bitcoin hit $60k and it was also a good time to buy and the halving na just 2 days nai don remain and di halving Bitcoin go fit go down to $50+k but dat one e no dey certain. But one thing we I know say go affect Nigerian who dey invest in Bitcoin na di national currency wey dey appreciate. Although it is good say di naira dey appreciate but foe those wey no sell when di naira been dey #1900 and Bitcoin was $73k and dem been dey shey dem go sell when di All Time High comes. And now now naira na #1000 and Bitcoin na $61+k. And they are still hodling for the All Time High. It is a good one we all know dat. But if in case when Bitcoin finally hit $100,000 and Naira hit #500. How you go take talk dis one?
Everything na brain work. Hodling is good but wisdom is needed.
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Mr.suevie
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 17, 2024, 09:22:26 PM |
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As all of us d for this forum we don know wetin to experience for this halving and how to follow am and I believe most of us are using it in our favor to accumulate bitcoin at a dip price. All the same, all this advice wey we d give on a regular for this forum, I go like make we extend am to our family and friends on what they should expect in this dip market, so that them no go d panic as the price of bitcoin and other altcoins d decline so. As for most of us, we panic not cos we don already know what to expect in this halving and we d see this dip as an opportunity to buy more bitcoin and hodl am till the bull run comes
Yes, Na true u done talk so, this period no be tym we suppose to panic normally we done see DIP wey surpass this one, this na something usual wey dey guaranteed for every Bitcoin cycle, e no go just dey pump dey go like dat, most times e go observe market correction so e go fit meet new price mark and e good to create awareness so much people no go fall victim of selling just too early due to panic from seeing the price of Bitcoin Decline. We just need to priorities our interests on accumulating more Bitcoin inside this current DIP, every DIP counts, we may not frequent such price again. Many people way never really understand these things go fear and actually sell off their coins because say them see the price dey go down again and most of them fit no even relate to watin dey happen with market. Some persons fit even talk say the great dip wey carry Bitcoin from $67k as of 2021 to as low as 16k$, so this fright will be among person who aren't really don't have the guts to experience what happened twice
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Jaycoinz
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God is All
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April 17, 2024, 11:50:39 PM |
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As all of us d for this forum we don know wetin to experience for this halving and how to follow am and I believe most of us are using it in our favor to accumulate bitcoin at a dip price. All the same, all this advice wey we d give on a regular for this forum, I go like make we extend am to our family and friends on what they should expect in this dip market, so that them no go d panic as the price of bitcoin and other altcoins d decline so. As for most of us, we panic not cos we don already know what to expect in this halving and we d see this dip as an opportunity to buy more bitcoin and hodl am till the bull run comes
Yes, Na true u done talk so, this period no be tym we suppose to panic normally we done see DIP wey surpass this one, this na something usual wey dey guaranteed for every Bitcoin cycle, e no go just dey pump dey go like dat, most times e go observe market correction so e go fit meet new price mark and e good to create awareness so much people no go fall victim of selling just too early due to panic from seeing the price of Bitcoin Decline. We just need to priorities our interests on accumulating more Bitcoin inside this current DIP, every DIP counts, we may not frequent such price again. Yeah this dip might be the last corrections before the halving which is just about some couple of days away, just like you said we have encountered dip of this nature in the past so it's not something that should cause any panic at all because I know how anxious some hodlers can be as a result of this dip but anyone who have been following up the movement of Bitcoin price will really know that this dip is rather an advantage to accumulate more Bitcoins to one's portfolio because after these corrections the price of Bitcoin may no longer dip to this point anymore till after the bull run. For some real time investors who carefully studied the market, they are well aware that this dip was certain to come and that's the reason why there are even well prepared to buy the dip and HODL it. But if this is your first time witnessing the bull season or halving then that's a totally different case because you would be scared that the price is starting to go down and let me just sell off and take my profits which is the average common thinking instinct of everyone who lacks the knowledge involved.
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I_Anime (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 18, 2024, 12:39:07 AM |
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As all of us d for this forum we don know wetin to experience for this halving and how to follow am and I believe most of us are using it in our favor to accumulate bitcoin at a dip price. All the same, all this advice wey we d give on a regular for this forum, I go like make we extend am to our family and friends on what they should expect in this dip market, so that them no go d panic as the price of bitcoin and other altcoins d decline so. As for most of us, we panic not cos we don already know what to expect in this halving and we d see this dip as an opportunity to buy more bitcoin and hodl am till the bull run comes
Yes, Na true u done talk so, this period no be tym we suppose to panic normally we done see DIP wey surpass this one, this na something usual wey dey guaranteed for every Bitcoin cycle, e no go just dey pump dey go like dat, most times e go observe market correction so e go fit meet new price mark and e good to create awareness so much people no go fall victim of selling just too early due to panic from seeing the price of Bitcoin Decline. We just need to priorities our interests on accumulating more Bitcoin inside this current DIP, every DIP counts, we may not frequent such price again. Yeah this dip might be the last corrections before the halving which is just about some couple of days away, just like you said we have encountered dip of this nature in the past so it's not something that should cause any panic at all because I know how anxious some hodlers can be as a result of this dip but anyone who have been following up the movement of Bitcoin price will really know that this dip is rather an advantage to accumulate more Bitcoins to one's portfolio because after these corrections the price of Bitcoin may no longer dip to this point anymore till after the bull run. For some real time investors who carefully studied the market, they are well aware that this dip was certain to come and that's the reason why there are even well prepared to buy the dip and HODL it. But if this is your first time witnessing the bull season or halving then that's a totally different case because you would be scared that the price is starting to go down and let me just sell off and take my profits which is the average common thinking instinct of everyone who lacks the knowledge involved. Well you're right, this is actually my first halving I'm going to experience. And I would have been panicky now honestly but due to the fact that I've gain some pretty good knowledge about Bitcoin in this forum I've been able to conquer such fear and learned how to take the dip to my advantage by purchasing the dip more. Though I've read about the previous halvings , how Bitcoin mining reward will be split into half , which may lead to some drop in prices in market, then there would be scarcity due to the reduction of the rate of creating of new Bitcoin. Then there would be massive increase in prices due to high demands in market , well the increasing of prices after the halving don't actually takes place in a instance, it take some time before the halving would make an impact in the increment of Bitcoin price. So this time around we should be aggressive In our Accumulation same time setting aside a reserve funds to further buy the dips . Taken the dip as an advantage to purchase more Bitcoin in a cheaper price rate . So all I really want now Is coins to dip more because the dippers it get , the better it is forus and if history repeats itself again Bitcoin going to rise massively after the halving and all we will be seeing Is all greens ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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RockBell
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April 19, 2024, 07:56:25 PM |
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A lot of people panic a lot and any time the price is down they start been scared and looking for ways to escape, in the process of trying to escape the red market they don't mind selling everything at lost. Instead of them to be patient and wait till the market bounces back. They just want their money back, regardless of the shape that the market takes. And if the investor can hold and just patiencely watch what will happens in the market, and that is why there is always more than just buying you have to have plans and have reasons of why you are buying if not you will just end up doing the same thing with others buying then selling even without profit.
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Belarge
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Eloncoin.org - Mars, here we come!
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April 19, 2024, 10:28:34 PM |
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A lot of people panic a lot and any time the price is down they start been scared and looking for ways to escape, in the process of trying to escape the red market they don't mind selling everything at lost. Instead of them to be patient and wait till the market bounces back. They just want their money back, regardless of the shape that the market takes. And if the investor can hold and just patiencely watch what will happens in the market, and that is why there is always more than just buying you have to have plans and have reasons of why you are buying if not you will just end up doing the same thing with others buying then selling even without profit.
We should have reasons to draw closer to the system. Keep buying and holding patiently because the market will come after us with everything, just operates with principles and observed the market. Don't underestimate our chances of of making substantial earnings from the system, the market have been in existence and our selections to adhered to them. We panic for what exactly? We have composed ourselves to become one of the very tough persons in the system.
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CryptopreneurBrainboss
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eXch.cx - Automatic crypto Swap Exchange.
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April 19, 2024, 11:06:24 PM |
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Well yesterday Bitcoin literally experience some dip , and I was excited ( because I see it has an opportunity to get myself some good quantities) while some individuals was out there selling their holdings, due to the dip which initiated some panicking. But I won't blame them though , because most people are just new in this space without any solid knowledge on how things work here , so due to that at any slight dip they would quickly sell with the fear that the dip may continue. Person selling no mean say person lose, some people dey for massive profits wey be say dem fit sell their Bitcoin anytime and e no concern them how the market be. They dey sell no mean say dem no get solid excuse to sell as many reasons fit dey why dem dey sell. Maybe dem dey sell so dem fit get faits incase anything happen for front wey go make market to dip well well. See ehh the market no just get a particular pattern again like that, anything fit sup anytime so e good make we dey hold fiats as we dey hodl Bitcoin too so we no go enter problem wey go make us to go dey sell our Bitcoin to bail ourselves. So make we no dey reason people wey dey sell because na dem know wetin dey make them sell because without a reasonable excuse no be person suppose tell you to dey hodl as bear market dun end so. Bitcoin also hit a new ATH before the halving , so this shows that Bitcon going to surge massively even more than we expected, (though there are no guarantees) , this upcoming bull market After the halving, is when alot of people will go to bed broke and wake up a millionaire. So what am just trying to say is don't panic just hodl. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Na this one shock me pass but I been dey expect am because alot of good things happen to Bitcoin wey supposed make am dun blow pass like this self. Imagine if the approval been happen during the bull market, the price of Bitcoin for don touch better price since. After this bull run e go hard to make money like that from Bitcoin so make we use am as an opportunity to do our best to fit make money from the market before Bitcoin gets so popular wey be say e no go too dey get better price movement to fit benefit from. Make we no use hodling play, e no get any coin wey you wan invest inside wey go give you full confidence like when you invest inside Bitcoin. The advice our brother dey give although na very popular advice but make we no use am play.
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I_Anime (OP)
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April 20, 2024, 12:40:58 PM |
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Person selling no mean say person lose, some people dey for massive profits wey be say dem fit sell their Bitcoin anytime and e no concern them how the market be. They dey sell no mean say dem no get solid excuse to sell as many reasons fit dey why dem dey sell. Maybe dem dey sell so dem fit get faits incase anything happen for front wey go make market to dip well well. See ehh the market no just get a particular pattern again like that, anything fit sup anytime so e good make we dey hold fiats as we dey hodl Bitcoin too so we no go enter problem wey go make us to go dey sell our Bitcoin to bail ourselves. So make we no dey reason people wey dey sell because na dem know wetin dey make them sell because without a reasonable excuse no be person suppose tell you to dey hodl as bear market dun end so. Your point is on track boss and you're right, many people expecially those ones wey dun tey for Bitcoin accumulation and their holdings go fit dey take profit as dey like because dem dun go far with Their own accummulation of Bitcoin. And keeping fiat as emergency funds still nice , we nor fit just dey hold say we nor get any fiat for hand , because as humans expenses must dey ground wey e go require some funds to solve or handle am even both expected an unexpected expenses. And having some good fiat go help person fit hodl bitcoin without much stress or without relying on their Bitcoin investment whenever any financial situation sup. Na this one shock me pass but I been dey expect am because alot of good things happen to Bitcoin wey supposed make am dun blow pass like this self. Imagine if the approval been happen during the bull market, the price of Bitcoin for don touch better price since. After this bull run e go hard to make money like that from Bitcoin so make we use am as an opportunity to do our best to fit make money from the market before Bitcoin gets so popular wey be say e no go too dey get better price movement to fit benefit from. Make we no use hodling play, e no get any coin wey you wan invest inside wey go give you full confidence like when you invest inside Bitcoin. The advice our brother dey give although na very popular advice but make we no use am play. This one dey very true , e get certain point wey Bitcoin go reach ehnn to afford Better quantities go dey hard and to make good profit go still dey hard because person nor go fit dey gather better quantities for himself to fit yield Better thing from there holding whenever there's any increase in price. Because at that time Bitcoin value nor go be person mate again ohhh and at that time e go dun get mad adoption. So the right thing to do now is to grab this opportunity wey dey ground so ( this bull run wey dey come so ) by stashing better quantities for their portfolio. That why many people dey pray wey dip sup before bitcoin skyrocket for the bull run so that dem go fit ready well with better Bitcoin stash for their portfolio.
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asarfiar
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July 14, 2024, 05:10:21 AM |
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Well yesterday Bitcoin literally experience some dip , and I was excited ( because I see it has an opportunity to get myself some good quantities) while some individuals was out there selling their holdings, due to the dip which initiated some panicking. But I won't blame them though , because most people are just new in this space without any solid knowledge on how things work here , so due to that at any slight dip they would quickly sell with the fear that the dip may continue. Even though at any chances the dip continues, it means you just got more lucky to buy the dip accumulating Bitcoin when there's decrease in prices. The reason most people do panic and endup making the wrong the decision, is because they have this habit of comparing bitcoin to other shitcoins they may have encountered, with the Idea that Bitcon may not recover from the dip like other shitcoins that experience dip without recovering back . Well the truth is that bitcoin ain't like those coin despite the dip bitcoin will always bounce back stronger. So this is the time to keep holding and the same time keep accumulating more bitcoin, and this is the week Bitcon halving going to take place, so this week may be bearish for some time, but still use it to your advantage in accumulating more bitcoin. And not selling your holdings. We are in the fourth cycle and base on recent events this cycle is going to be unique from the others (in a better way) and this the same cycle Bitcon ETFs got approved for the first time. And Bitcoin also hit a new ATH before the halving , so this shows that Bitcon going to surge massively even more than we expected, (though there are no guarantees) , this upcoming bull market After the halving, is when alot of people will go to bed broke and wake up a millionaire. So what am just trying to say is don't panic just hodl. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) It is crucial to dip bitcoins by adopting a disciplined informed strategy rather than succumbing to emotional impulses. We who are newbies create various confusing situations due to lack of proper knowledge about bitcoin, which is good and perfect for buying bitcoin and create a chaotic environment about the dips because of the wonder. We who are newbies should get proper knowledge about Bitcoin and master the dip strategy by consulting someone with BTC knowledge. How we can navigate the volatility of the cryptocurrency market with confidence and dip Bitcoin.
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Shadiq
Jr. Member
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July 14, 2024, 07:40:40 AM |
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It is crucial to dip bitcoins by adopting a disciplined informed strategy rather than succumbing to emotional impulses. We who are newbies create various confusing situations due to lack of proper knowledge about bitcoin, which is good and perfect for buying bitcoin and create a chaotic environment about the dips because of the wonder. We who are newbies should get proper knowledge about Bitcoin and master the dip strategy by consulting someone with BTC knowledge. How we can navigate the volatility of the cryptocurrency market with confidence and dip Bitcoin.
Are you planning to dip into Bitcoin? Bitcoin holders will suffer huge losses if Bitcoin just keeps sinking. I don't see Bitcoin market volatility as a negative. As prices rise, so does demand. Not only will the price go down, but it won't go up again. So market volatility is necessary to sustain an asset. Do not be alarmed by this instability. Taking this volatility positively will give you both buying and selling opportunities.
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Salahmu
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July 14, 2024, 09:28:12 AM |
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all this advice wey we d give on a regular for this forum, I go like make we extend am to our family and friends on what they should expect in this dip market, so that them no go d panic as the price of bitcoin and other altcoins d decline so.
Waiting you they yan na true na because we wey they for this place get better knowledge about the current situation of Bitcoin more than person way no they here, so after I done read your comments e reminds me of the day wey I they with friends they gist about the way the crypto market they do and some of them come they talk say for Bitcoin to they behave so in the price movement say the future no go pure, and funny enough some of them way been won start to they invest on Bitcoin come they fear to come in. So I come they ask they whether them sabi waiting them they call Bitcoin halving, them say them no sabi, so come realized say na just people way just like Bitcoin based on say people they talk about them good for investment, so I com they explain give them how the market works, so I tell them say na so the Bitcoin price they behave immediately after halving but make them no fear because when the bull market go start them go they surprise the way Bitcoin go move. E they good make we they motivate our love ones way they interested on Bitcoin to not lose hope say the price no go rise again.
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Promocodeudo
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 14, 2024, 11:31:00 AM |
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Well yesterday Bitcoin literally experience some dip , and I was excited ( because I see it has an opportunity to get myself some good quantities) while some individuals was out there selling their holdings, due to the dip which initiated some panicking. But I won't blame them though , because most people are just new in this space without any solid knowledge on how things work here , so due to that at any slight dip they would quickly sell with the fear that the dip may continue. Even though at any chances the dip continues, it means you just got more lucky to buy the dip accumulating Bitcoin when there's decrease in prices. The reason most people do panic and endup making the wrong the decision, is because they have this habit of comparing bitcoin to other shitcoins they may have encountered, with the Idea that Bitcon may not recover from the dip like other shitcoins that experience dip without recovering back . Well the truth is that bitcoin ain't like those coin despite the dip bitcoin will always bounce back stronger. So this is the time to keep holding and the same time keep accumulating more bitcoin, and this is the week Bitcon halving going to take place, so this week may be bearish for some time, but still use it to your advantage in accumulating more bitcoin. And not selling your holdings. We are in the fourth cycle and base on recent events this cycle is going to be unique from the others (in a better way) and this the same cycle Bitcon ETFs got approved for the first time. And Bitcoin also hit a new ATH before the halving , so this shows that Bitcon going to surge massively even more than we expected, (though there are no guarantees) , this upcoming bull market After the halving, is when alot of people will go to bed broke and wake up a millionaire. So what am just trying to say is don't panic just hodl. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) It is crucial to dip bitcoins by adopting a disciplined informed strategy rather than succumbing to emotional impulses. We who are newbies create various confusing situations due to lack of proper knowledge about bitcoin, which is good and perfect for buying bitcoin and create a chaotic environment about the dips because of the wonder. We who are newbies should get proper knowledge about Bitcoin and master the dip strategy by consulting someone with BTC knowledge. How we can navigate the volatility of the cryptocurrency market with confidence and dip Bitcoin. Newbies are always victims of what you just said, sometime I just don't get it when people panic about a condition that's not permanent, Bitcoin has always been known to be like this and it baffles me when people fail to make the necessary moves in other to know what Bitcoin dip is all about, the dip doesnt stay forever rather it is an opportunity to buy more of Bitcoin asset, I think every newbie should be conversant with the market in other not to shiver when the market goes dip. Knowledgeable bitcoiners knows the opportunity that calls when Bitcoin dips and they utilized the opportunity because it may not present itself again, although I won't really blame newbies much because they are novice but my sincere advise to them is that as a newbie once you have known the basics of this investment, just invest and make sure that you understand what every season says about Bitcoin in other not to be afraid of anything, Bitcoin like every other asset has the way they operate, so what ever comes along the line, newbies should know that it was meant to happen because of the nature of the market at that given period.
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DaNNy001
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July 14, 2024, 09:59:14 PM |
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Today Bitcoin hit $60k and it was also a good time to buy and the halving na just 2 days nai don remain and di halving Bitcoin go fit go down to $50+k but dat one e no dey certain. But one thing we I know say go affect Nigerian who dey invest in Bitcoin na di national currency wey dey appreciate. Although it is good say di naira dey appreciate but foe those wey no sell when di naira been dey #1900 and Bitcoin was $73k and dem been dey shey dem go sell when di All Time High comes. And now now naira na #1000 and Bitcoin na $61+k. And they are still hodling for the All Time High. It is a good one we all know dat. But if in case when Bitcoin finally hit $100,000 and Naira hit #500. How you go take talk dis one?
Everything na brain work. Hodling is good but wisdom is needed.
My bro you sef talk true jareh, which one be naira actually hitting 500 because na person wey no dey this Nigeria na go fit think this kind thing about the naira appreciation against the dollar. Nigeria naira isn't coming down against the naira anytime soon and so that one no even dey ma agenda when I dey check or hold my Bitcoin. As for the price fluctuations and the 100k mark we can only hope e get to reach there soon although no be every holder keep their hold threshold for 100k sha.
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Juicyhome
Member
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July 15, 2024, 11:11:28 AM |
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Today Bitcoin hit $60k and it was also a good time to buy and the halving na just 2 days nai don remain and di halving Bitcoin go fit go down to $50+k but dat one e no dey certain. But one thing we I know say go affect Nigerian who dey invest in Bitcoin na di national currency wey dey appreciate. Although it is good say di naira dey appreciate but foe those wey no sell when di naira been dey #1900 and Bitcoin was $73k and dem been dey shey dem go sell when di All Time High comes. And now now naira na #1000 and Bitcoin na $61+k. And they are still hodling for the All Time High. It is a good one we all know dat. But if in case when Bitcoin finally hit $100,000 and Naira hit #500. How you go take talk dis one?
Everything na brain work. Hodling is good but wisdom is needed.
My bro you sef talk true jareh, which one be naira actually hitting 500 because na person wey no dey this Nigeria na go fit think this kind thing about the naira appreciation against the dollar. Nigeria naira isn't coming down against the naira anytime soon and so that one no even dey ma agenda when I dey check or hold my Bitcoin. As for the price fluctuations and the 100k mark we can only hope e get to reach there soon although no be every holder keep their hold threshold for 100k sha. @DaNNy001, as of today naira is 1564 to dollar, I nor knw where you from they see your rate, no dream am dollar no fit fall reach 500nair, e dey go up everyday, this ur analysis no go well you dey think backward, bitcoin na 62k as of this morning, last week it fall to 56k and some investors buy, today is 62k, dey don benefit scatter, and every dip this is hope for increase. So no dey panic dey think well.
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EluguHcman
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July 15, 2024, 11:36:35 AM |
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The lead to investors panicking to sell their Bitcoins during the DIP seasons is because those set of investors are not studious to understand the volatile capabilities of Bitcoin on how it can not totally lost its whole values.
Just as you said, some investors has invested on shitcoins which when DIP, the coins does not recover its value again and that is usually the dump of such coins so rey relates the DIP exercises of Bitcoin to such shitcoins.
Simply because one can buy Bitcoin and holds without acquiring those technical factors of it but yet you can still invest and make good profits out of it has made lot of investors to be adamant not to develop impact in studying the potentials and how the accelerations of Bitcoin works.
All they cares was that they are coming to make profit on investing in Bitcoin but they fails to understand that every investment factors has its economy challenges such as deflations which the DIP of Bitcoin is a result of its own deflation but that has never been an end of it because it always has the potential momentum to rise again giving the patient holders the golden opportunities to profit massively at its rise or probably at the bull run.
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rachael9385
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Anybody wey know wetin de for Bitcoin matter go understand say wen di price de dip na dat time e de sweet pass to de accumulate more, so di dipper di price di better to de buy more, if you get di money. You de correct to reason say some investors wey no get surficient knowledge fit liken Bitcoin to dos scam projects wey be say if dem begin to de dip, no hope for dem to pump again, but Bitcoin don proof im reputation over di years say even if im price dip eventually e go pump again and e go de hit new ATH for every bull run, dat na why e de important to de hodl on long term basis.
Their is always one funny thing about the dip and some investors and the matter be say when Bitcoin price dey up people go dey complain say make e come down but immediately the price come down sef some scared person go still dey complain say the coin don too drop say dem dey fear make e no come get K-leg where as Bitcoin himself don prove for countless times say e come here to say and all this dip dey part of the market lifestyle. If one aren't new in the space, this shouldn't be a big deal. But some people are fear of this just because they don't want to lose their hard earn money. This is why buying with DCA is very important. Some people are not comfortable with crypto currency that is why they do all the necessary research that they need before buying, actually it's not bad for them to do the necessary research before they invest in Bitcoin, but it's more easier to learn from experience than researching without practicing. However because Bitcoin fluctuates some people don't like it, but they don't know that Bitcoin is more stable than other coins in the market. Lastly DCA method is an easy method to invest in Bitcoin, even if you do your research you will still have the same results that DCA is among the easiest methods to invest on Bitcoin.
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