the decline in price of bitcoin

[Kliss]

You are on  spot about the typical price correction after Bitcoin halving. It's natural for the price to dip, but those who understand the market know that it's just a temporary phase before another rise. The media can sometimes make it sound scarier than it is, especially for newcomers freak out during Bitcoin dips. But no need to panic, the market usually goes through  these dips before the big surge. Many actually happy about the dips as it's  an opportunity to buy before the next big rise.Quantity matters too the more Bitcoin stash can mean more profits during the bull run. If you are in it for the long term these fluctuations should not worry you. Every success story has its ups and downs Holding onto your Bitcoin and maybe even buying more during a dip could lead to better profits when the price surges again. It's all about playing the long game and staying confident in your investment strategy. Taking Bitcoin seriously and  being strategic and not missing out on the opportunities Bitcoin offers could yield benefits despite the price down turns.

[liasbaa]

Basically, anyone that is well acquainted with bitcoin knowledge will always maximize the Bitcoin dips as long as they know that bitcoin is never going to vanish for any reason the best thing to do is to make use of every opportunity that bitcoin brains during his price fall or correction as we may call it.

A portion of disposable income must be used to exploit every drop in Bitcoin and increase purchasing volume. Such as setting aside a portion of income every month or every week to accumulate bitcoins. Every drop in Bitcoin brings an opportunity for investors to influence its future growth and you can make higher profits.

Most of the people who engage in selling Bitcoin for buying altcoins are usually people with low knowledge of the capability of Bitcoin or those impatient people who see altcoins as the way to turn into millionaires overnight.

You are right that Bitcoin is going to be an ideal investment that reduces investment risk and motivates you to manage for the long term. There are many examples of shitcoins losing investment margins with high risk and mostly hype. You can opt for long-term Bitcoin holdings to diversify your portfolio, which can yield massive returns over time.

[Derek jnr2001]

actually na normal thing say after bitcoin halving we go come experience the price correction wey go make the price of bitcoin waka come down, just like how e come down after bitcoin reach the previous ATH of $68k. so normally the price of bitcoin fit go down well well but person wey know em left and right know say bitcoin go still rise again because after the price correction na better pump in price naim we go see. the news and some social media talk dem fit present the matter in a scary way but make una no panic especially the newbies, if your aim na to invest for long term then you no suppose get issue with this changes because every great story start from somewhere and if to say some of those big holders quit them for no dey where dem dey today. i no too like the idea of selling bitcoin to buy altcoin this period because na now we go see many of those altcoins turn to shitcoins, and since bitcoin go experience some dip why not channel more fund to buy at a cheaper rate so that when the price pump again you go get better profit for hand?

actually na normal thing say after bitcoin halving we go come experience the price correction wey go make the price of bitcoin waka come down, just like how e come down after bitcoin reach the previous ATH of $68k. so normally the price of bitcoin fit go down well well but person wey know em left and right know say bitcoin go still rise again because after the price correction na better pump in price naim we go see. the news and some social media talk dem fit present the matter in a scary way but make una no panic especially the newbies, if your aim na to invest for long term then you no suppose get issue with this changes because every great story start from somewhere and if to say some of those big holders quit them for no dey where dem dey today. i no too like the idea of selling bitcoin to buy altcoin this period because na now we go see many of those altcoins turn to shitcoins, and since bitcoin go experience some dip why not channel more fund to buy at a cheaper rate so that when the price pump again you go get better profit for hand?

You're absolutely right I think this is the best time to invest in bitcoin now that bitcoin is experiencing dip in the price, i think this is huge opportunity for us to start accumulating bitcoin in our portfolio so that before it will think of surging high by then we must have accumulated a lot of bitcoin in our portfolio. However this is our right time to start investing in bitcoin we don't have to procrastinate, most of those earlier investors loss a huge opportunity as a result of procrastination, I think those experience that those earlier investors has is supposed to serve as a big note of warning to us not to believe in procrastination.

[Felicity_Tide]

True talk. Long term Investors no get business with trouble wey dey market. Price fluctuation na watin suppose they disturb those wey dey trade often, but not in the case of long term Investors. Just as you've said, they can only monitor just for the sake of finding better opportunity to buy when there is a dip.

Most of the people who engage in selling Bitcoin for buying altcoins are usually people with low knowledge of the capability of Bitcoin or those impatient people who see altcoins as the way to turn into millionaires overnight. As long as Bitcoin is concerned it is more of a long term project or investment, so since it has to do with long term one most always have in mind that if eventually the price goes down, at the end of every price fall their is always going to be another price pump so this price pump will turn your little capital which was invested in Bitcoin into a huge profit but not in a short period of time. To expect a good profit one most wait for at least a 4 years cycle to be accomplished.

Selling your Bitcoin to buy altcoin sounds more like selling your own house to go leave in a rent. The sad truth is that such things happens as some people think it's beneficial to them. Though our main aim is to make profits only, but it still surprises me to see how some people don't acknowledge the profits in a long term investment in Bitcoin. Take a look at how Bitcoin has grown over the years. I remember sometime last year around late Q1/early Q2 when the price of Bitcoin fell down to as low as $25K. It was a crazy opportunity for so many investors, which I even doubt if such opportunity could repeat itself. In all sense, long term investment will always yield good returns, but that doesn't make short term bad either.

[sotelorene]

Thank you very much boss for making me know the meaning of ATH, most people feel that once they have learn there's no need for other people to learn. If someone wants to write abbreviation or acronym at least after or before the abbreviation they should always write the full meaning too so that others can learn.

Guy, you no supposed to reason am like that, irrespective of the fact say this forum Na for learning, you no go expect make dem spoon feed you like that. Many of the things wey most of us learn Na out f curiosity, and as we hear for forum, we dey go Google to go get more information, so you no go fit expect person to dey write the meaning of every abbreviation wey e wan all the time, just because of say some learners still plenty for ground. Use you google and search to know more rather than waiting for someone to spoon feed you like a baby.

You are absolutely right most of the things i have learnt here is out of curiosity I mean the eager to know that particular thing cause I know it will help me a lot and some day I will start using it even in my thread perhaps I have been thinking it is just a cryptocurrency language that it may not mean same thing if Googled it, so It was later I started searching it in terms of Cryptocurrency cause those abbreviations could mean different thing in different field or discipline. Moreover, I am just pleading for people that may see it as stress to be replying thread and same time going to Google to search for meaning of something, I know that is best way to train someone but most people are using Android it will be very difficult and sometimes when you minimize before you will go back the whole thing will be reloading and that can be very annoying and I believe you know what am taking about.

[DubemIfedigbo001]

actually na normal thing say after bitcoin halving we go come experience the price correction wey go make the price of bitcoin waka come down, just like how e come down after bitcoin reach the previous ATH of $68k. so normally the price of bitcoin fit go down well well but person wey know em left and right know say bitcoin go still rise again because after the price correction na better pump in price naim we go see. the news and some social media talk dem fit present the matter in a scary way but make una no panic especially the newbies, if your aim na to invest for long term then you no suppose get issue with this changes because every great story start from somewhere and if to say some of those big holders quit them for no dey where dem dey today. i no too like the idea of selling bitcoin to buy altcoin this period because na now we go see many of those altcoins turn to shitcoins, and since bitcoin go experience some dip why not channel more fund to buy at a cheaper rate so that when the price pump again you go get better profit for hand?

Selling a valuable coin as bitcoin to invest in a shit coin at this time we're all expecting some goodies from bitcoin is a very wrong decision and a sign of poor orientation on the nature of bitcoin.

I think if people who go into bitcoin investment has some proper pre information on the trends associated with bitcoin, we wouldn't have such wrong decision at this crucial time when we're expecting the treasure carrying bull run.

The trend should be selling your shit coins to invest massively in bitcoin and not the other way round. I'm referring to investors and not traders who gamble with bitcoin to get immediate gains on the pump of newly listed shit coins. Their orientation is different and short termed, but investors should always call to mind that the longer they keep their investments, the more it gets profitable. Just ignore the pressure and HODL!.

[Mr.suevie]

actually na normal thing say after bitcoin halving we go come experience the price correction wey go make the price of bitcoin waka come down, just like how e come down after bitcoin reach the previous ATH of $68k. so normally the price of bitcoin fit go down well well but person wey know em left and right know say bitcoin go still rise again because after the price correction na better pump in price naim we go see. the news and some social media talk dem fit present the matter in a scary way but make una no panic especially the newbies, if your aim na to invest for long term then you no suppose get issue with this changes because every great story start from somewhere and if to say some of those big holders quit them for no dey where dem dey today. i no too like the idea of selling bitcoin to buy altcoin this period because na now we go see many of those altcoins turn to shitcoins, and since bitcoin go experience some dip why not channel more fund to buy at a cheaper rate so that when the price pump again you go get better profit for hand?

Selling a valuable coin as bitcoin to invest in a shit coin at this time we're all expecting some goodies from bitcoin is a very wrong decision and a sign of poor orientation on the nature of bitcoin.

I think if people who go into bitcoin investment has some proper pre information on the trends associated with bitcoin, we wouldn't have such wrong decision at this crucial time when we're expecting the treasure carrying bull run.

The trend should be selling your shit coins to invest massively in bitcoin and not the other way round. I'm referring to investors and not traders who gamble with bitcoin to get immediate gains on the pump of newly listed shit coins. Their orientation is different and short termed, but investors should always call to mind that the longer they keep their investments, the more it gets profitable. Just ignore the pressure and HODL!.

Well you won't blame them when the right orientation is not there then the era of the day would just be errors and blatant mistakes. One of the reasons why some one could even think of selling their Bitcoin and using that money to stock pile altcoin is just something that you don't get to hear everyday infact the whole reason why this happens is because of the unnecessary hype that they hear about of crypto influencers online or something related and they feel with Bitcoin the profits is slow but with altcoins faster which is just a big trap for me.

[Ever-young]

Na better talk you raise here, this one na normal thing wey dey happen after the Bitcoin halving event, sometimes eh go drop very low beyond expectations and that go make plenty people to dey panic say them go lose their coins but make dem no fear because the coin go still pump again after a while and I get believe say eh go still set another ATH too, so this na opportunity to buy more, instead of selling make everybody wey dey invest in Bitcoin buy as much as dem fit buy especially for people wey dey ready to invest for long term, this na the right time to buy more so them go fit make profit when the coin go begin pump again. As for newbies wey get small knowledge about Bitcoin, i wan tell una say make una no dey misled by those social media talk, I hope say by now una suppose done know say Bitcoin dey volatile in nature, sometimes eh dey increase and sometimes eh dey decrease too, but when eh decrease make una no go panic sell coins so una no go regret when the coin pump again. Currently Bitcoin na the  crypto asset wey em face show pass so eh go make sense to seize the opportunity to invest for that kind asset when the price drop, imagine wetin people wey invest when the coin been dey 18- 20k dey enjoy now.

True talk, na e make e good make person get the idea or knowledge of Bitcoin before we go involved ourselves in it , that is to either invest or trade, so that when we encounter things like market fluctuating at times, we no go see am as new thing again and fear no go dey our body again.

Just like you said, say make they no sell their coins because say Bitcoin don come down and na true you talk so, if only they go get this idea, no investors especially the newbies go dey complain or regret why they dey go rush go sell their coins, so e really dey very important to know wetin we dey do before we go do am.

[MainIbem]

 Normally if you trace back to other previous halvings you go confirm say as the OP talk am, na so eh dey always be, and person wey done get experience come understand Bitcoin well go know say when the price come down, na better opportunity to buy more then hodl since eh know say Bitcoin dey volatile and the price go still rise again. Well I no blame Newbies wey dey rush sell at any slight drop, most of them na ignorance but some na lack of patience or maybe them invest with the mindset of making urgent profit. But like the OP done talk, which na true, if you carry for mind to invest for long-term, then you no get any reason to dey panic at every slight drop for the price of Bitcoin since you suppose done get orientation say the nature of Bitcoin dey Volatile. However I no go advise anybody to withdraw or swap their Bitcoin to invest for Altcoin cause many na pump and drop (shit coins) but eh no mean say them no get any Alts wey get potential, no be all Alts be shit coins some still get better potential and dey good for investment, but DYOR before you invest for any.