Do not get discouraged by the current price of Bitcoin

[tottong]

Although the Market is not always predictable as BTC Price is constantly fluctuating, of course, and they always stick to low price moments, especially if indicators confirm a possible change in direction.

The logic is that this is true and some people who have a small budget for accumulation will wait for a downturn to buy.
Although sometimes we have a DCA strategy for buying bitcoin in an orderly manner and for some people there will be a separate concept in carrying out investments.

There are many traders who feel that the market, for example, is considered bullish when seeing prices soar, but we should also be careful with the current situation because there have been many fake pumps lately.

I always think the price is correcting in the middle of the rise and maybe we will wait for a sharper decline to accumulate more.
When investing in bitcoin, there is no need to worry because there is always a moment of recovery or a cycle that occurs. So our most important task is how to make as many purchases as possible. Holding will always provide benefits for someone who dares to hold and no matter how sharp the price decline is because when we understand the cyclical processes that occur that is where we can take big profit steps.

[bitcampaign]

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.

You have to go in to crypto well-equipped by knowledge and understanding of how the market moves. You can not be led by emotions and let yourself decide in very important matters if you are easily affected.

At least focus on the main goal, if you really want to be involved in both cryptos, everything has been taken from the start, we invest in crypto, whatever the results in the market, it doesn't mean taking the risk of panic, we will become more mature and knowledgeable every year by observing Bitcoin's movements in various countries. big market, it has often been seen that emotions and bad influences from news that lead to create panic in a person, so that's why learn knowledge about the movement of Bitcoin or other digital currencies.

[Skfox]

I think people shouldn't get discourage by that, though I didn't experience other halvings cause I had zero knowledge about Bitcoin then but i think something similar have occurred before in one of the previous halving where Bitcoin price didn't go up as expected but later traced back and went up after some period, a lot of people might begin to panic and sell their coins but I still see this an opportunity to buy more Bitcoin and for those who are not opportuned to do so, holding is the best option, please correct me if you think am wrong  

Getting discouraged? only the newbies just joining may have a second thoughts about bitcoin market price, we have been into this for a while now, last year when Bitcoin go dip as far as $16,000 and people never loose hope, this is just a mere warming up, to create an avenue for those interested on making an investment, they could rather see this as an entry point for them to invest and wait till the same opportunity lands for more bull, what we are seeing is only preparing us for the expectations ahead, the earlier the better we understand that all we need is to hold now.

No doubt only newbies or beginners like me can feel discouraged but in course of learning and acquiring knowledge about bitcoin, discouragement is no where close. One who is fully educated on bitcoin or one who is an expert on bitcoin will not be discouraged whether the price is dropping or going up instead he will know the method to go with in other to make profit. About the price of bitcoin now, buying and holding is the best with the expectations that the price will go up.
As newbies to bitcoin instead of being discouraged, I will advise we ask questions and seek advice from experts or those who are experienced in the crypto world.

[GeorgeJohn]

Everyone can say whatever thing he or she understand by Bitcoin where is certain person who condemn cryptocurrency, so I know quite well now those people really advise people wrongly not to invest in Bitcoin when they have not invested in Bitcoin before so I believe that the only thing that will make you to invest in Bitcoin is when you have make your research to know if bitcoin or not so you can invest really without adhering to anyone advice

[Bravut]

I think people shouldn't get discourage by that, though I didn't experience other halvings cause I had zero knowledge about Bitcoin then but i think something similar have occurred before in one of the previous halving where Bitcoin price didn't go up as expected but later traced back and went up after some period, a lot of people might begin to panic and sell their coins but I still see this an opportunity to buy more Bitcoin and for those who are not opportuned to do so, holding is the best option, please correct me if you think am wrong  

Getting discouraged? only the newbies just joining may have a second thoughts about bitcoin market price, we have been into this for a while now, last year when Bitcoin go dip as far as $16,000 and people never loose hope, this is just a mere warming up, to create an avenue for those interested on making an investment, they could rather see this as an entry point for them to invest and wait till the same opportunity lands for more bull, what we are seeing is only preparing us for the expectations ahead, the earlier the better we understand that all we need is to hold now.

No doubt only newbies or beginners like me can feel discouraged but in course of learning and acquiring knowledge about bitcoin, discouragement is no where close. One who is fully educated on bitcoin or one who is an expert on bitcoin will not be discouraged whether the price is dropping or going up instead he will know the method to go with in other to make profit. About the price of bitcoin now, buying and holding is the best with the expectations that the price will go up.
As newbies to bitcoin instead of being discouraged, I will advise we ask questions and seek advice from experts or those who are experienced in the crypto world.

True, just seek knowledge from relevant sources, and knowledgeable ones not from ignorant individuals that often misleads newbies and those who don't have any background knowledge.

I often and will keep saying, Knowledge first before Investing as you have to understand what you're about to get in, just keep accumulating according to your investment plans, hold and have a long term view of the market.

Patience is the key in Bitcoin accumulation phase.

[MissNonFall9]

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.

Not observing market movements and getting confused by volatile markets are signs of pessimism. So if one observes and analyzes these situations regularly then I think he doesn't have to think about anything else. So it is wise to go ahead with the plan without worrying about the cost and strengthen the hand battle in your opinion.

[blckhawk]

Everyone can say whatever thing he or she understand by Bitcoin where is certain person who condemn cryptocurrency, so I know quite well now those people really advise people wrongly not to invest in Bitcoin when they have not invested in Bitcoin before so I believe that the only thing that will make you to invest in Bitcoin is when you have make your research to know if bitcoin or not so you can invest really without adhering to anyone advice

Totally agree, if all you do is listen to what others have to say before you invest or that those people yapping about not investing or investing in bitcoin when they themselves haven't even tried that one too, then at the end of the day, you end up making all the losses because youre too spooked to take the first step. People always get it wrong, they do their research but they never deliver when it comes to investing, they think that what the influencers say is the gospel and so it's a waiting game for them forever, no real will to invest in bitcoin and so they end up regretting and getting bitter over it.

[enwi]

Everyone can say whatever thing he or she understand by Bitcoin where is certain person who condemn cryptocurrency, so I know quite well now those people really advise people wrongly not to invest in Bitcoin when they have not invested in Bitcoin before so I believe that the only thing that will make you to invest in Bitcoin is when you have make your research to know if bitcoin or not so you can invest really without adhering to anyone advice

Totally agree, if all you do is listen to what others have to say before you invest or that those people yapping about not investing or investing in bitcoin when they themselves haven't even tried that one too, then at the end of the day, you end up making all the losses because youre too spooked to take the first step. People always get it wrong, they do their research but they never deliver when it comes to investing, they think that what the influencers say is the gospel and so it's a waiting game for them forever, no real will to invest in bitcoin and so they end up regretting and getting bitter over it.

When we get advice to buy a coin, we should never immediately make a decision to buy it. We should try to do research to find out the potential the coin has. We also make sure that the products they develop have high enough demand so that they will make a profit when we enter. However, for purchasing Bitcoin, I prefer to purchase using the DCA method which I think is safer.

[Vinaa77]

When we get advice to buy a coin, we should never immediately make a decision to buy it. We should try to do research to find out the potential the coin has. We also make sure that the products they develop have high enough demand so that they will make a profit when we enter. However, for purchasing Bitcoin, I prefer to purchase using the DCA method which I think is safer.

Doing our own research about the coin we are going to buy is of course very important and if the coin we are going to buy has good potential, of course we can buy it to be able to make a profit from that coin and a coin that already has high interest. of course this will give us profits from these coins and buying Bitcoin using the DCA method of course this will be very profitable for those of us who cannot buy large amounts at once and if we can use the DCA method consistently then I think we will get big profits big too.

[Freddie Boyer]

No doubt only newbies or beginners like me can feel discouraged but in course of learning and acquiring knowledge about bitcoin, discouragement is no where close. One who is fully educated on bitcoin or one who is an expert on bitcoin will not be discouraged whether the price is dropping or going up instead he will know the method to go with in other to make profit. About the price of bitcoin now, buying and holding is the best with the expectations that the price will go up.

In this case you are right. People who have experience certainly really understand and are able to describe what will happen in the BTC market next and it will mostly be successful than what was planned.

As newbies to bitcoin instead of being discouraged, I will advise we ask questions and seek advice from experts or those who are experienced in the crypto world.

However, if we come by adopting the style of those who have been successful in investing using long-term patterns, I think applying it like them would also be very good and if there are any doubts, you can share them in this forum.

[leonair]

When we get advice to buy a coin, we should never immediately make a decision to buy it. We should try to do research to find out the potential the coin has. We also make sure that the products they develop have high enough demand so that they will make a profit when we enter. However, for purchasing Bitcoin, I prefer to purchase using the DCA method which I think is safer.

Doing our own research about the coin we are going to buy is of course very important and if the coin we are going to buy has good potential, of course we can buy it to be able to make a profit from that coin and a coin that already has high interest. of course this will give us profits from these coins and buying Bitcoin using the DCA method of course this will be very profitable for those of us who cannot buy large amounts at once and if we can use the DCA method consistently then I think we will get big profits big too.

Loses from investing in Bitcoin are very rare if one holds it for a long time. Investing for a short period of time can lead to losses as Bitcoin price corrections are often seen due to Bitcoin price volatility. so if someone panicked and sold their bitcoins at that time, the loss would be theirs. So yes, if you invest in DCA with the intention of investing in Bitcoin for a long time, there is definitely a chance of having a big coffee from there. and DCA greatly reduces the possibility of loss

[martinex]

Totally agree, if all you do is listen to what others have to say before you invest or that those people yapping about not investing or investing in bitcoin when they themselves haven't even tried that one too,

That's true and usually the correct buyer for BTC coins works directly to buy, especially if he is proficient and experienced in trading or investing with BTC coins and if asked, will give a santa answer and seem ordinary, not like influencers who are too eager to describe something.

Never advice anyone to invest in anything, if things go south - you will be blamed, you will lose a friend or maybe get in a life long fight with a family member.
Worst case scenario, they will go to court with you for wrong financial advice etc.

I agree with this thought and of course the risk is that we will also be the ones to bother ourselves with the explanation and of course we will receive many follow-up questions, one of which is why our ideas or assumptions are seen as not producing the results we previously conveyed to them.

[MissNonFall9]

When we get advice to buy a coin, we should never immediately make a decision to buy it. We should try to do research to find out the potential the coin has. We also make sure that the products they develop have high enough demand so that they will make a profit when we enter. However, for purchasing Bitcoin, I prefer to purchase using the DCA method which I think is safer.

Doing our own research about the coin we are going to buy is of course very important and if the coin we are going to buy has good potential, of course we can buy it to be able to make a profit from that coin and a coin that already has high interest. of course this will give us profits from these coins and buying Bitcoin using the DCA method of course this will be very profitable for those of us who cannot buy large amounts at once and if we can use the DCA method consistently then I think we will get big profits big too.

Loses from investing in Bitcoin are very rare if one holds it for a long time. Investing for a short period of time can lead to losses as Bitcoin price corrections are often seen due to Bitcoin price volatility. so if someone panicked and sold their bitcoins at that time, the loss would be theirs. So yes, if you invest in DCA with the intention of investing in Bitcoin for a long time, there is definitely a chance of having a big coffee from there. and DCA greatly reduces the possibility of loss

Truly holding Bitcoin for a long period will certainly yield good dividends but there are some opportunity costs to be excluded. That is many people may think that if they invest elsewhere for such a long time they will get profits from there. There is no way to deny it. However it is clear that the opportunity cost of holding bitcoins for a long period of time is much smaller than this kind of profit. It is a currency that is very old and past statistics have always been promising. So investing in Bitcoin with courage will never let us down only thing we have to remember is never to panic.

[Wakate]

Everyone can say whatever thing he or she understand by Bitcoin where is certain person who condemn cryptocurrency, so I know quite well now those people really advise people wrongly not to invest in Bitcoin when they have not invested in Bitcoin before so I believe that the only thing that will make you to invest in Bitcoin is when you have make your research to know if bitcoin or not so you can invest really without adhering to anyone advice

This is what we know has bad influence and we have to be wise enough not to follow that kind of step. We can make in crypto through different ways and that should not make us to think that making money through Bitcoin is not possible. I am still taking my time to look for other means to make money just like many of us that are into cryptocurrency. There are many ways we can make money without doing something illegal. We need to be wise and make sure to buy Bitcoin and hold for the next bill run not this actually. Although this could be easy for people that have sufficient funds without having anything to do with it.

[Kristiyana]

When we get advice to buy a coin, we should never immediately make a decision to buy it. We should try to do research to find out the potential the coin has. We also make sure that the products they develop have high enough demand so that they will make a profit when we enter. However, for purchasing Bitcoin, I prefer to purchase using the DCA method which I think is safer.

Doing our own research about the coin we are going to buy is of course very important and if the coin we are going to buy has good potential, of course we can buy it to be able to make a profit from that coin and a coin that already has high interest. of course this will give us profits from these coins and buying Bitcoin using the DCA method of course this will be very profitable for those of us who cannot buy large amounts at once and if we can use the DCA method consistently then I think we will get big profits big too.

You're right i think using the DCA method is the best that's for those who don't have large capital to invest, but if you're using this DCA method before you know it you have accumulated a lot of bitcoin in your portfolio. However making research is very good because sometimes someone can give us wrong advice/opinion so in this case if you don't make research there's no way you can find out that the opinion that was given to you was a wrong one, this is why is very good to make research so that whenever time you seek for advice from people and they give you a wrong advice you can easily find out by making research.

[Asuspawer09]

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.

 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.

 I think people shouldn't get discourage by that, though I didn't experience other halvings cause I had zero knowledge about Bitcoin then but i think something similar have occurred before in one of the previous halving where Bitcoin price didn't go up as expected but later traced back and went up after some period, a lot of people might begin to panic and sell their coins but I still see this an opportunity to buy more Bitcoin and for those who are not opportuned to do so, holding is the best option, please correct me if you think am wrong  

This is obviously pretty obvious for a lot of trading, especially for a lot of people who don't have enough knowledge of cryptocurrency it wouldn't make a lot of sense for them to hold their investment, when they see that the market price is declining, for example, 20k$ would of Bitcoin drop to 10k$ worth for most investors that don't have enough knowledge they would probably panic and sell right away because they think that they just gonna continue to lose money, Right now Bitcoin was on pretty high market price around 69k$ which is pretty high enough a lot of newbies would probably buy because of the rising market price but easily panic when it drops to around 40k$. It is going to be a huge issue for them but for people who know what they are doing, they could easily hold their Bitcoin because they know what Cryptocurrency and Bitcoin are, and selling is not going to be a good decision.

I mostly advise traders here to do a lot of research because even starting to invest, if you think that you know what you are doing already that is the time when you could start your investment journey, If you know what you are doing your not easily get discouraged by the current market price of Bitcoin.

[EarnOnVictor]

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.

When I heard that man mentioned cashing out from the halving, I understood that he might know about Bitcoin

All I can say in this regard is that the guy who wanted to sell all his holdings in Bitcoin is naive about Bitcoin. Although the price of Bitcoin is a discouragement now, the reason for him to want to liquidate his Bitcoin asset is not right as well, he should have educated himself better. Maybe he will later realise his mistakes, or he will be the one who will be proven right, either way, time will tell.

Nevertheless, in my understanding, the halving is a Bitcoin tradition that happens every 4 years and it has helped Bitcoin to grow in price even as it attracts more adopters to the coin. But the halving is not an automatic means for Bitcoin to appreciate in price, it takes time. The guy should have at least learned about Bitcoin and halving very well before running his mouth in discouragement. Looking at the chart of the past Bitcoin histories in relation to halving would have helped him calm his nerves instead of deciding based on what he did not know.

In some past Bitcoin chart histories, Bitcoin only moved significantly higher in post-having effect after 7 months in some cases. So buying is not automatic, but at the same time, if one is cautious judging by the high price of Bitcoin, it may be a very good reason to devest. There is no need to stop anyone from doing what they want to do.

[amihada]

Bitcoin prices are not stable, there are times when they go up and there are also times when they go down. The main key to investing in Bitcoin is don't be reckless, don't be influenced by circumstances, for example the price goes down, don't panic. If you panic, you will give up your Bitcoin, so be patient and hold on to your Bitcoin.

[0t3p0t]

That guy literally has no idea how Bitcoin and the market works that is why he panic sell though it is his decision and investment then yeah he has the right to do that but in an investment perspective he needs more knowledge about how crypto investment works so he would not be doing something like a newbie or maybe he is.
 

[wtsimis]

As a small investor I am not at all worried about the current Bitcoin market value. Because Bitcoin has had more price fluctuations many times in its history it certainly has some experience. There is also some story behind Bitcoin's steep price declines. Because impatient investors are blinded by the volatility and think Bitcoin is a scam. Although most investors know that the market bounces. But we saw Bitcoin go back to $18k and currently the price has risen to around $70k. So I think there is little reason to be worried about Bitcoin going higher.