Why Bitcoiners should stay positive despite the current dip

[fuguebtc]

I think one of the major disadvantage of the involvement of governmental bodies in Bitcoin will be their manipulation of Bitcoin price. They buy in large quantity which I think gives a little edge over individual investors and because they invest more, they can easily spread FUD among crypto marketers by sharing exaggerated information so they can make huge profits from price manipulation. The good thing is that Bitcoin is decentralized and will always be no matter how the worst they can do is to manipulate the market and not to control the Bitcoin network. We've seen how recent pronouncements from Donald Trump had major effects on the price of crypto but to experts, they already understand the game and would not fall for these manipulative moves.

Even without the involvement of large government agencies or organizations, bitcoin can still be manipulated and that has been happening in the market for years. Any financial market will always have whales, sharks, market makers and manipulation is not new, it has been a part of the market since the early days.

The concern when government agencies enter the market is that there will be more regulation, we will be more closely controlled and managed...not manipulated. But this is inevitable and we have to adapt no matter which way things go.

[pinggoki]

The only reason that you should stay positive is the fact that you're going to make a lot of profit in the long run and this dip is just a thing that happens gradually, on the contrary, dips should be a positive for us because that's an opportunity for us to buy and increase the amount of bitcoin that we have in our possession, it's really weird that people are still scared like they haven't seen the price of bitcoin go down so hard in the past 10+ years, either they're newbies or they just don't learn anything when it comes to bitcoin. @Botnake is right, if you let your emotions rule over in things like this, you're never going to be making profit, it's not really good to invest when emotions are running high, emotional invests should be on people not money.

[Negotiation]

Despite the current decline the reason why Bitcoin users remain positive is that if they hold on for the long term investors can get good profits. And they can ensure the ability to adapt to market volatility when the market falls it creates an opportunity for new investors. Bitcoin's price may fall but it will rise again in the future and those who have a long term view of bitcoin can see this decline as a potential investment opportunity. Short term investors can contain their emotions and sell out in panic when the price drops.

[taufik123]

Seeing how the current state of the crypto market requires us as people who know about crypto and invest in it to keep believing and being patient with this cycle.

Now it is not just an ordinary cycle, but there are also many manipulations that are carried out so that the market seems to continue to be played.

The ATH may have been reached, but after that a considerable decline continues to occur. Will this be the end of a bullish cycle that is happening today?
Of course, it cannot be concluded that way, because the market is still moving, there are those who continue to buy and sell, but this is still quite normal.

Now when the price is not good, is it time to leave it?
Take advantage of the current state of the market to buy back, don't be afraid and panic because of the decline,
as this can be an opportunity to make profits that were delayed if you didn't take advantage of the previous ATH cycle.

[Muba20]

Growing Governmental and Institutional interests
Recently, we've experienced huge investments into the Bitcoin market from two powerful governments of the world namely USA and Brazil. If the government of the USA which controls the largest economy of the world can buy reserves, it'll definitely attract other top national governments to also do same so it's expected that in the nearest future, the influence that comes with the presence of these governments will cause a high surge in the prize of Bitcoin which will likely to see it reach a new ATH. Again, regardless of the short-term volatility, institutional investments have been on the rise. Renowned companies and firms are adopting Bitcoin, resulting to long-term stability and credibility to the mother coin.

The supply of Bitcoin is limited but the number of interested investors is numerous. There is a clear idea that the price of Bitcoin can increase. If the recent plan to reserve Bitcoin based on country is implemented, then the demand for Bitcoin will continue to increase greatly. There will also be a competition between the governments of different countries to hold Bitcoin. In the meantime, the United States of America has started its activities. Also, if European countries also start doing this, it will be more difficult for the general public to hold Bitcoin. The price of Bitcoin will definitely increase to a large extent.

Although many are currently unsettled by the temporary decline of Bitcoin, those who are confident in Bitcoin are trying to invest according to their means. Those who will be frightened by the decline in the price of Bitcoin will be the ones who will suffer the most.

[davis196]

Market Cycles Are Normal

Growing Governmental and Institutional interests

Bitcoin Scarcity Remains Timeless

Regulatory Transparency Is Improving

1.Yes, market cycles are normal, but the current crypto price pumps and dumps weren't caused by market cycles. They were caused by Donald Trump.

2.Bitcoin was supposed to be anti-government and anti-bank, but now we are relying on the governments and banks to pump the BTC price.
This sounds like a joke to me.

3.I can agree with this one, but scarcity is a little bit overrated. Altcoins can also be scarce, but the trust in altcoins cannot be compared to the trust in the Bitcoin protocol.

4.I can assume that by "regulatory transparency" you mean "KYC everywhere". Nobody likes KYC, but we have no choice.

[Luzin]

If we are in the crypto space for many years, we could really say that everything that happens in the market has a reason—to buy (bear season) and to sell (bull season).

Their mentality has been trained, they don't talk much, they do not work much. I think bitcoin holders have understood themselves and prepared steps to avoid losses or increase profits. Everything has been thought out carefully. In addition, history has pushed us to be an analyst who believes in repeating even the slightest difference.

I think that the owners of bitcoin today have worked for a long time and they are just leaving the rest of what they have earned for capital. In addition, there is another factor that bitcoin owners not only earn income from Bitcoin, I believe they have many other businesses that can finance their living needs.

The addition of trust continues to grow and is now becoming more and more visible. Look at many countries, big companies are adopting it. Then this will look even more beautiful in the future.

[FortuneFollower]

Despite the current decline the reason why Bitcoin users remain positive is that if they hold on for the long term investors can get good profits. And they can ensure the ability to adapt to market volatility when the market falls it creates an opportunity for new investors. Bitcoin's price may fall but it will rise again in the future and those who have a long term view of bitcoin can see this decline as a potential investment opportunity. Short term investors can contain their emotions and sell out in panic when the price drops.

Simply put - time will heal everything up.
BTC will prevail, just hodl.

[michellee]

A true Bitcoin holder will not worry with the recent dip because they know that is just temporary. They are smile seeing this situation because they see the low price coming to them so they can buy back more Bitcoin. While other people panic and worry with their Bitcoin investment, those Bitcoin holder just still calm down and relax while they are waiting for the next dip. But they already buy some in this recent dip.

They still remain positive and confident in this recent dip because they already have this experienced before. So they can calm down themselves and prepare their money to buy back for more. They know that maybe they will not have the chance to buy at the current price so they will not want to miss that.

[FortuneFollower]

A true Bitcoin holder will not worry with the recent dip because they know that is just temporary. They are smile seeing this situation because they see the low price coming to them so they can buy back more Bitcoin. While other people panic and worry with their Bitcoin investment, those Bitcoin holder just still calm down and relax while they are waiting for the next dip. But they already buy some in this recent dip.

They still remain positive and confident in this recent dip because they already have this experienced before. So they can calm down themselves and prepare their money to buy back for more. They know that maybe they will not have the chance to buy at the current price so they will not want to miss that.

A dip is a sale, a pump is a test of fate.
That's how it should be seen by most enthusiasts out there.

[Alpha Marine]

Don't you people think you're overestimating this "bitcoin dip" of a thing"?
I get that Bitcoin has previously been in the $100k—$90k region, but it is currently $83k. Of course, it's not an ideal price, but I don't think I'll term it a dip that will have everybody shaking with fear.

Things going on in the US are part of what makes people scared about bicoin but I don't see anything reason to be scared. I don't even pin the future growth of bitcoin on government involvement. Deep down I don't buy the Federal Reserve idea. I just want the governments to be open-minded towards bitcoin and stop fighting it.

[Donneski]

You can't feel worried or panicked if you have a strong trust in bitcoin. And we know since before about the volatile nature of the market, which is why bitcoiners should confidently believe that it will rise again. So instead of thinking badly, we'd rather take this time to take some breaks and wait for the perfect time to buy more.

If we are in the crypto space for many years, we could really say that everything that happens in the market has a reason—to buy (bear season) and to sell (bull season).

As a legendary member of this forum, I think it's very normal for you to possess this knowledge. I'm happy you also shared it here so newbies and existing Bitcoiners who are having doubts can learn from your submission on the subject matter. I saw several posts from different accounts that suggests people are beginning to grow doubts about the future of Bitcoin and that birthed the need to put up this post after making a little research. At the end, I hope this post strengthens every doubting mind.

[Nothingtodo]

Those who know about Bitcoin always invest in Bitcoin and remain normal. They are never worried about the Bitcoin market. An experienced holder knows that the Bitcoin market can change direction at any time and that these market conditions are temporary. A legendary investor invests and holds with patience, knowing very well that this cycle of rise and fall of Bitcoin is cyclical. Moreover, those investors who are worried about market conditions are afraid of taking short-term or long-term risks.

[Aanuoluwatofunmi]

The recent dip in the price of Bitcoin have left so many investors feeling tensed and worried

All these are nothing worth more for one to remain on fear of missing out, because once it's Bitcoin, then there's no reason for fear, it the market falls, then hold till it rises, this is a confidence we all have by investing in bitcoin with the hope and expectations of the market to rise one day, since you're not considering on altcoins, why the panic, bitcoin has the consistent performance we can rely on, once we are able to hold for it to pump.

[Reatim]

1.Yes, market cycles are normal, but the current crypto price pumps and dumps weren't caused by market cycles. They were caused by Donald Trump.

the volatility recently? yes i believe so but overall i think trump only intensified the market cycles that otherwise would have happened anyway without him getting elected and talking about bitcoin so positively so it’s totally not a product of trump

2.Bitcoin was supposed to be anti-government and anti-bank, but now we are relying on the governments and banks to pump the BTC price.
This sounds like a joke to me.

yeah i can share the same logic i just hope people do not depend on etfs too much yes they might pump the prices but we must remember the #1 purpose of crypto and stay true to how it was intended

[Slimzeee]

I like your idea about but I think steadfastness is the way forward. Coming to think of it, this is not the worst price it has ever been so why should there be any form of panic.
I also believe for sustainability, it is designed to rise and fall and its absolutely nothing strange. This will be a good time for new people to go into the market as well.

[ChiBitCTy]

Well and for another thing, just take a look at how long these market "crashes" or "downturns" actually lasted.  Unlike in years past, in recent days when the spot price of bitcoin has notched down in to the 70's , it has quickly worked it's way back up.  This is not something that I could say we've seen a lot of in the past or something that we might have been able to count on in the past.  This is pretty impressive stuff today.

[coolcoinz]

It's a funny part of the bitcoin market that people feel worried only when it's their first cycle. I understand people who are freaking out when they bought bitcoin at 90k, it went close to 110 and backtracked to 80. They were up and now they're down on their investment. They feel like they're at a loss and it was a mistake to buy bitcoin.
This is the first separation of the wheat from the chaff. The strong keep holding while the weak accept the loss and move on to lose money somewhere else.

Once you've been through 2 or 3 cycles you become immune to these moves. I held Bitcoin when it was under 20k last year, so $80k is nothing to me. I'm immune to market sentiment. If it goes to 150k I'll spend some bitcoin and party, just like I did at $100k. That's all. Bitcoin is my long term investment and I'm planning to use it when I'm in my 50s and 60s.

[Miyens]

Anyone who has truly studied Bitcoin's patterns over the years will understand that every Bitcoin season is an opportunity to either buy or sell. As such, there is absolutely no need to panic when the price dips.

Bitcoin is not like altcoins that can crash or dip by up to 80%. Unless they are only interested in quick gains, there is no need to panic. Bitcoin is an asset that guarantees long-term gains. Only those who invest for short-term profits will be pessimistic whenever there is a slight correction.

Well said there, just as you have said Bitcoin isn't like any other crypto currency it is surely a profit giver if you truly understand how to t works, when to buy and when to sell and yet be able to hold what ever you must have had in possession because nothing good actual comes easy. If we are willing and able to bear what ever the market throws at us in a moment for quite some time definitely it will worth the time

[Ziskinberg]

Anyone who has truly studied Bitcoin's patterns over the years will understand that every Bitcoin season is an opportunity to either buy or sell. As such, there is absolutely no need to panic when the price dips.

Bitcoin is not like altcoins that can crash or dip by up to 80%. Unless they are only interested in quick gains, there is no need to panic. Bitcoin is an asset that guarantees long-term gains. Only those who invest for short-term profits will be pessimistic whenever there is a slight correction.

Normally, if we are seeing price is dipping, that would turn us feeling negative emotions, most particularly for beginners. But if we have been seeing btc price in dips and then recovers a lot of times, I guess we will be immune now that bitcoin is actually like that, where there is price drops, there an opportunity is newly open for those who want to enter the market.

The key to successful bitcoin investing is by remaining positive all throughout. If you lost your hope and stop trusting bitcoin, then you can’t expect to gain profits in whatever investment you are in.