Do not get discouraged by the current price of Bitcoin

[wiss19]

We should let people be with their thoughts and do what they want, at the end of the day, their decisions are going to affect them and not us. If someone thinks that Bitcoin is a scam because its price didn't soar after the halving event, they should go ahead and sell their assets so that they can regret it when they see the market going up after a few months, but then there will be no going back for them and they won't be able to recover their losses then.

People who think this way about Bitcoin and the market are the ones who lack basic knowledge about the market and things such as the halving, they have just heard about the halving being a signal for a bull run which isn't completely accurate because the market doesn't start going up right after the halving.

[Natsuu]

We should let people be with their thoughts and do what they want, at the end of the day, their decisions are going to affect them and not us.

I don't agree with this. You see trading alone is difficult enough and if you add up the stresses within the psychology side of it. It will be so much daunting. I think that's why we have community like this. That is to put up positive expectations within the market. As a market participant and Bitcoin holder, I want more people to come in also. That is way any kind of encouragement will be beneficial. Of course it hurts when you have negative position on your holding, but it's part of the process. We may not convince ore people, but at least we can motivated those who are already in to hold on to their investments and not sell.

[boyptc]

No worries at all if you know and seen how and last year has started.

Those that are worried probably bought at the new peak which is $73k.

The best is yet to come and who will be the most patient wins.

Anyone who understands how BTC operates would see no reason to get worried or panic cause the best is yet to come. It's only those who rushed to invest into it when they got little idea that would see a reason to panic when the price of Bitcoin goes down, most of them got into the market due to wrong informations they got about the halving.

 I believe the man who was complaining to his friend when the price went down would be very disappointed at himself currently if he had sold then cause few days after the price went beyond the initial price of about 57k it was when he made mention of selling his coin. Now this would teach him a lesson if he sold cause Bitcoin is currently 63k and has a potential of going higher.

 For a person holding for a long term, buying at the peak of 73k shouldn't be an issue, mostly  if the person bought bulk Bitcoin then there's no reason for panic cause there's a great possibility of Bitcoin going beyond that mark.

I agree, if you understand how BTC goes on over the period of time you'd be the most chill guy and you're relaxed and don't have to worry with how the price goes in action from time to time.

As for buying lumpsum at the new ATH, they have to give themselves extra patience because many did that in 2021 and 2017 bull runs and did sold too early.

I guess for newbies, the current price will certainly be a big issue for them because if bitcoin price will consistently drop its price, that will make their investment doomed. But if they know that being patient in the market most especially in times like this will pay a lot, then they won’t be worrying too much knowing the fact that this is just part of price correction.

Those who came with knowledge and completely understand the volatility of bitcoin will just face the market calm and chill, but for those who rush to invest without studying first, clearly that will be a disadvantage for them.

It's normal for them to react like that because they have lesser experience and stay.

But we guarantee them that if they are going to worry now, they're going to end up losing their holdings and could cause them to panic sell.

[Nothingtodo]

Investors are not at all worried about the current market of Bitcoin because they have seen such price fluctuations many times in past history and investors have gained experience from all these markets. So no matter how much the market fluctuates, investors are not worried about all these things. It's different for me because I'm not an experienced investor at all so the price of Bitcoin is a big concern for me.

[uneng]

Many investors got discouraged by the current price of Bitcoin, because high expectations were raised due to the halving event, so many people thought that right after the halving Bitcoin price should immediately skyrocket to 100,000$ or 150,000$ without any delays and setbacks. Of course everyone here would like that happened, however in practice we have a lot of obstacles through the way, and here I would like to highlight market's manipulation by whales, the big players who drive this market upside and down by selling or buying large chunks of Bitcoin at once.

I just think what investors should have in mind is that if those big players are so focused in Bitcoin, it means it has a lot of potential, otherwise they would have already moved their funds to another niches of financial world. All investors have to do is to be patient and remain encouraged that Bitcoin will still increase a lot of in price. It's just a matter of time, and a matter of remaining confident until the right time.

[Yukyzu]

Investors are not at all worried about the current market of Bitcoin because they have seen such price fluctuations many times in past history and investors have gained experience from all these markets. So no matter how much the market fluctuates, investors are not worried about all these things. It's different for me because I'm not an experienced investor at all so the price of Bitcoin is a big concern for me.

Those who already have the knowledge and skills will of course not be affected by the downward movement of Bitcoin prices, of course they will take advantage of this opportunity by trying to collect so that they can enjoy profits when the price increases and also for each investor, of course they have an investment target. and also they always make good planning before deciding to invest, if you continue to learn about investing in Bitcoin well of course you will be able to become an investor who has skills and experience in this field.

[YUriy1991]

Yes. The decision you make is correct, of course. Well, if BTC goes up there is also a special notification for example tomorrow it will rise high again to 65K, of course not So, I think what your friend does is his right and what you already know just run it.

For me BTC is very unique and potential. I see this small correction journey after the halving is not completely finished, there could be some additional corrections, of course, for those who are already professionals in the world of BTC investment, this is a common thing where the most awaited is the big moment, which is one year after. In fact, before the Halving, the price of BTC has been pumped, how about after the next 1 year Halving .

[Ever-young]

We should let people be with their thoughts and do what they want, at the end of the day, their decisions are going to affect them and not us.

I don't agree with this. You see trading alone is difficult enough and if you add up the stresses within the psychology side of it. It will be so much daunting. I think that's why we have community like this. That is to put up positive expectations within the market. As a market participant and Bitcoin holder, I want more people to come in also. That is way any kind of encouragement will be beneficial. Of course it hurts when you have negative position on your holding, but it's part of the process. We may not convince ore people, but at least we can motivated those who are already in to hold on to their investments and not sell.

Inasmuch as what you've said is right.
But you know what they always say about experience being the best teacher, ordinarily, when you tell people something, they may really not understand the gravity of what you're telling them until they make a mistake on their own, it is that mistake they learn from and when they've made that mistake, they'll avoid that particular scenario that led them into making that error, even in a lifetime. It is then that they will actually understand the gravity of that error and will do everything possible to avoid it, it's called learning the hard way.
Making mistakes in your market approach isn't ultimately a bad thing, but not learning from your mistake and still repeating the same mistake is what is bad. So allow people to make their own mistakes the same way you've made yours.

[tottong]

I overheard a discussion between two friends and one was telling the other that Bitcoin is a scam and that a lot of people preached about the halving and how people could cashout from it. The other friend was trying to convince him to continue holding his asset but he refused and replied that nothing would stop him from selling the coins he's holding.

I don't try to explain anything to people about bitcoin because people who hate it will continue to look for the truth regarding their understanding and vice versa for people who believe more in bitcoin.
In fact we have seen how great Bitcoin is but not everyone can see that, there is no point in convincing anyone about Bitcoin if they don't try to find out for themselves.

When I heard that man mentioned cashing out from the halving, I understood that he might know about Bitcoin but he's not properly enlightened concerning it. A lot of expectations were cut short after the halving event cause most people expected Bitcoin to set a new height of $80k but then it didn't even get close to the previous all time high and have reduced below $60k currently.

Maybe the man needed money so he tried to sell some of the bitcoins he had before the halving occurred.
In fact, I myself felt the same way because at that time I needed money so I was forced to sell bitcoin according to the percentage I wanted. In certain circumstances we cannot hold bitcoin from being sold, especially if we don't have spare money.
Therefore, if things happen like what I experienced, we also have to prepare savings to avoid selling bitcoin at certain times.

[fullhdpixel]

There is no chance to say that Bitcoin is currently a scam. But you cannot force your friend to earn money by investing in Bitcoin. Our world is such that if someone benefits from me he may thank me but if any harm is caused then he will fully blame me. So it would be wise to do your own thesis about Bitcoin and invest as much as you can on your own. The fact that Bitcoin has not yet reached the desired target but has fallen does not mean that it has no chance to rise. However the current drop in prices has created an opportunity for investors. So there is still time to invest in Bitcoin and profit from it.

There's even people that even they benefit at you already, they won't still thank you and even talk negatively at you once you or they walk away. They're so cruel. BTC has no desired target. It moves in mysterious way, so it can either stop at one price point or continue until oblivion. It was only us people who have a desired target. This is why we are called as speculators, apart from investors, risk taker,  etc... Yeah the current, past, future drop in price is an opportunity for us and not something that can discourage us but being discourage is a negative feeling or trait that one must avoid if they want to achieve something in their lives.

[Fara Chan]

Investors are not at all worried about the current market of Bitcoin because they have seen such price fluctuations many times in past history and investors have gained experience from all these markets. So no matter how much the market fluctuates, investors are not worried about all these things. It's different for me because I'm not an experienced investor at all so the price of Bitcoin is a big concern for me.

Whether you have experience or not, the price of Bitcoin will still be noticed by many people at this time, especially by people who already like and believe in Bitcoin. So that makes them very enthusiastic and confident to continue watching the price of Bitcoin even though it's not to sell it, because sometimes monitoring the price can also be quite useful for investors who like to buy Bitcoin in any condition. So it's not only about whether investors are worried about price fluctuations or not, but in this case there are still good opportunities that can be exploited by investors who like to buy and hold Bitcoin for the long term.

[Baki202]

Investors are not at all worried about the current market of Bitcoin because they have seen such price fluctuations many times in past history and investors have gained experience from all these markets. So no matter how much the market fluctuates, investors are not worried about all these things. It's different for me because I'm not an experienced investor at all so the price of Bitcoin is a big concern for me.

I don't see the reason why they should panic because of price, Before anyone invested, they must have seen how the price has not been stable, so why panic? Because businessmen  should not be panicking because of price, and that should be the concern for those who are holding for traders, either short or long, you should know how to take profit from every market. and with time, you will get used to the market and you won't bother much about it.  there will be time when you will have a good profit and not worry much about the market. and if you always get worried about the market, you can give trading a try and do daily or short trading, it will now depend on which one you want to do.

[MissNonFall9]

There is no chance to say that Bitcoin is currently a scam. But you cannot force your friend to earn money by investing in Bitcoin. Our world is such that if someone benefits from me he may thank me but if any harm is caused then he will fully blame me. So it would be wise to do your own thesis about Bitcoin and invest as much as you can on your own. The fact that Bitcoin has not yet reached the desired target but has fallen does not mean that it has no chance to rise. However the current drop in prices has created an opportunity for investors. So there is still time to invest in Bitcoin and profit from it.

I agree about not forcing our friends to invest in Bitcoin. Let him choose after he has looked for the information, but if he doesn't want to look for more information about Bitcoin, we still shouldn't force him. Everyone can invest in Bitcoin but it depends on how they view Bitcoin. If we believe in investing in Bitcoin, we just continue investing while waiting for the time when we can make a profit. One day maybe our friends will realize Bitcoin's potential for them and they will come to us to learn more about Bitcoin and start investing in Bitcoin. The current price position is a good time to start investing and hopefully, those who haven't started yet can start immediately so that they can later benefit from Bitcoin.

Bitcoin will be viewed by a person the way he studies and reviews Bitcoin. Some people will see Bitcoin as gambling because they don't know anything about Bitcoin and have not analyzed the statistics, they will have to leave it in the hands of fate and their destiny will be determined by God. And those who invest with proper knowledge and analysis about it will be the business for them and they will make their own fortune.

[GideonGono]

Only newbie would be discouraged when the price drops down after having a huge increase.
We have seen this scenario so many times before, relax and try to accumulate more then HODL, I believe most of the old crypto earners are doing this.

[Winterfrost]

Only newbie would be discouraged when the price drops down after having a huge increase.
We have seen this scenario so many times before, relax and try to accumulate more then HODL, I believe most of the old crypto earners are doing this.

Most persons are just too lazy to do learning about Bitcoin, I don't know if they just see Bitcoin as a source of income, monthly or weekly payout that should automatically generate profit for them. Bitcoin is all about the bull and bear season, whatever season we find ourselves it's best to be on maximum calmness, our interest should be on buying and holding instead of complaining.

[coolcoinz]

Why would I be discouraged by being close to the ATH? If someone held bitcoin last year when we were below 20k that person is going to be in euphoria right now.

I always tell people one thing when they ask me what to do in such situations. If you can't wait, need money, don't hold bitcoin, but when you have enough money right now and can wait a year or two always get some bitcoin to hold. It would be dumb not to have the best performing asset of the last decade.

[Peanutswar]

You don't need to get worry about the price of the Bitcoin if you know every actions you made. Before entering into an investment at the first place there's a plan you made and plot this will be serve as a guide to your journey and path if you lose yourself due to market volatility. if you are active trader you must need to get a ride with the market movement if no and you will look forward to the BTC for a long run you don't need to stress your self every time to keep watching in the market again your goal is to take profit to the next ATH and you are not a daily trader you are a holder. Investment in crypto is a battle of strongest hand.

[btc78]

Most persons are just too lazy to do learning about Bitcoin, I don't know if they just see Bitcoin as a source of income, monthly or weekly payout that should automatically generate profit for them.

Obviously many are still looking at bitcoin as a get rich quick scheme and they think that it is so easy to earn income from bitcoin. It is not as easy as everyone thinks and I would say that it’s actually kind of stressful at times.

The crypto world is very vast and complicated. There are just too many things to learn that if you don’t you know you will be left behind and you’d need to say goodbye to your dreams of earning profits from bitcoin.

[Ben Barubal]

      I agree with the topic made by OP that no matter what coins we hold, even if their price falls, don't look at it as a reason to be disappointed; you should take it as something that is a good sign that you will invest even more save it.

     There are many who use this method, and from what I have seen, it has been an effective method for most. Stay positive, even if you are facing something bad in this field of cryptocurrency.

[coinerer]

      I agree with the topic made by OP that no matter what coins we hold, even if their price falls, don't look at it as a reason to be disappointed; you should take it as something that is a good sign that you will invest even more save it.

     There are many who use this method, and from what I have seen, it has been an effective method for most. Stay positive, even if you are facing something bad in this field of cryptocurrency.

The price of Bitcoin always fluctuates and sometimes the price of Bitcoin goes down a lot. there is nothing to be surprised by these because even if the price of Bitcoin falls, it will rise. If you invest in Bitcoin for the long term, then there is no reason to be disappointed by the price of Bitcoin.  Because if you dig past history, you will see many amazing history of Bitcoin.  Bitcoin is a coin with a lot of potential, which holds a lot of profit. those who are shocked by the price of Bitcoin will not get anything good from Bitcoin