Bitcoin crash sparks largest liquidation in history -$19B gone and counting

[Jubilee58]

According to coin market cap, bitcoin price has dumped significantly, taken one of it's most painful bearish movement in recent times, plummeting from over $122000 to $105000 on some exchanges and extend to as low as $101000 on other exchanges.
Check on this link for full details of the news:https://coinmarketcap.com/community/articles/68e9f255db8809059ca76730/

What do you think about the present bitcoin crash right now? Do you think this the right time to withdraw or sell your  Bitcoin, or the time to buy the dip? Your contributions are welcomed.

[Oshosondy]

According to coin market cap, bitcoin price has dumped significantly, taken one of it's most painful bearish movement in recent times, plummeting from over $122000 to $105000 on some exchanges and extend to as low as $101000 on other exchanges.
Check on this link for full details of the news:https://coinmarketcap.com/community/articles/68e9f255db8809059ca76730/

It plummeted below that price. Look at the chart after you click on this link:

https://bitcointalk.org/index.php?topic=5561981.msg65907267#msg65907267

What do you think about the present bitcoin crash right now? Do you think this the right time to withdraw or sell your  Bitcoin, or the time to buy the dip? Your contributions are welcomed.

I think it is better to buy the dip, but I am not confident about it. I have sold since some months ago, I only have little amount of money left there. If you are unsure of what to do, why not DCA.

[KiaKia]

At this point it is better to DCA if you believe that Bitcoin will still go up, cowen seem to be pointing at Bitcoin price must stay above 50MA on the weekly, those who are into trading should knwi what this meant.

I am almost out on all Bitcoin that I hold, I don't like sitting on good amount of profit all because we could go higher, all this whole market is a big manipulation, I expect Trump to come up with something better after several days but aside his family are getting richer.

I am sorry to announce this but the decentralised part of Bitcoin isn't powerful over price action, centralised entity unfortunately still have power to make Bitcoin bend the knee.

[Alpha Marine]

What do you think about the present bitcoin crash right now? Do you think this the right time to withdraw or sell your  Bitcoin, or the time to buy the dip? Your contributions are welcomed.

In the past 24 hours, itcoin has dipped about 9%, it's not a good look, but it's not a foreign concept with bicoin. The usual dip is about 2-3% within 24 hours, but this is different. However, a dip like this is not new to itcoin. If you will sell your coins every time there is a dip like this with Bitcoin, then there is no need to hold Bitcoin for a long time, because more dips like this will happen. The fact that the bitcoin price is down doesn't mean you should panic and sell; just be calm, and with time, it will appreciate again. If you have the money, see this as an opportunity to buy the dip.

[Iranus]

What do you think about the present bitcoin crash right now? Do you think this the right time to withdraw or sell your  Bitcoin, or the time to buy the dip? Your contributions are welcomed.

The decision is yours because each of us has different thoughts about bitcoin. If you no longer believe in bitcoin or think the bull run is over, you can sell and leave the market temporarily. But if you believe that the bull season is not over yet, bitcoin will soon rise again. DCA is the right thing to do now instead of waiting because the recovery can happen quickly and you will miss the opportunity.

Personally I feel the bitcoin drop, liquidation and market reset is a good thing and a good time to buy more.

[Don Pedro Dinero]

According to coin market cap, bitcoin price has dumped significantly, taken one of it's most painful bearish movement in recent times,

This is a typical headline designed to grab attention, as these price drops are quite normal when Trump stirs up the markets with his statements on tariffs. The drop occurred at exactly the same time across the main US stock indices. As bitcoin is more volatile, it is normal for it to fall more.

I think it is better to buy the dip, but I am not confident about it. I have sold since some months ago, I only have little amount of money left there. If you are unsure of what to do, why not DCA.

It is definitely better to buy the dip if you have a long term vision. You like to try to predict what will happen in the short term, so it's normal to have doubts. But in 5, 10, and 20 years, the price will be much higher than it is now.

[Dave1]

What do you think about the present bitcoin crash right now? Do you think this the right time to withdraw or sell your  Bitcoin, or the time to buy the dip? Your contributions are welcomed.

The decision is yours because each of us has different thoughts about bitcoin. If you no longer believe in bitcoin or think the bull run is over, you can sell and leave the market temporarily. But if you believe that the bull season is not over yet, bitcoin will soon rise again. DCA is the right thing to do now instead of waiting because the recovery can happen quickly and you will miss the opportunity.

Personally I feel the bitcoin drop, liquidation and market reset is a good thing and a good time to buy more.

Sometimes in this kind of market condition, we can only break it and look at the good things. As you have said, we could look at it as a form of reset so that old and new players can buy and get into the picture. But there could be negative investors who don't like what they see and just shrug their shoulders and not wanting to go and buy at this point as they could still be thinking that the price will continue to go down.

So yeah, decision is hours, we have our own believed and it could be different as our speculation could be bad (that the market started to show some bearish sign), or that the market will bounce back soon (we are still in the bullish sentiment).

[BitMaxz]

I was shocked to see the sudden price dump yesterday reach the dip price at around $101k.
Since it was pumped fast around $110k, this isn't a dip zone but the mid zone. Doing it through DCA might be a good idea since we don't know if the price will pump again or if this huge dump is a sign of a bearish season.

A small DCA won't hurt much, but I have another perspective about the current price action.
I believe this isn't the last drop; there might be another wave this coming Monday, but I'm not sure. It's just my gut telling me another dump wave is coming, just like what happened the last time the price touched $124k in August. It pumped a bit, but another dump happened again on the 2nd day in the NY session.

So this is risky if you go all in to buy BTC. My current dip price is around $100k, just like what I said before, and now it's already filled the $101k. It might be the last touch, or this coming week it might try to retest the $100k zone.

[Renampun]

What do you think about the present bitcoin crash right now? Do you think this the right time to withdraw or sell your  Bitcoin, or the time to buy the dip? Your contributions are welcomed.

It's quite bad news that Bitcoin dumped so quickly, but if someone is just investing regularly, they don't need to panic because short-term price fluctuations are normal in the market, if they don't sell and just hold, they can wait for the Bitcoin price to rise again, it just takes time as the market is unlikely to continue being bearish, and eventually, the price will rise again. so it would be a shame to sell just because of short-term price fluctuations, instead in conditions like these, we should consider it a discount period to accumulate at a lower price, and when the Bitcoin price rises, we can reap higher profits by buying at a lower price.

[Greyhats]

Odd right biggest liquidation dropped it by about 15%, that’s fuck all tbh dip for ants

[348Judah]

What do you think about the present bitcoin crash right now? Do you think this the right time to withdraw or sell your  Bitcoin, or the time to buy the dip? Your contributions are welcomed.

I must confess that those fallen under its investment may not have to lose much on it like that, compared to those who took some trading leverage position such as long positions, because the market wen the opposite direction, this is one of the reason that we often advise not to take trades or risk on what we cant afford to lose.

Going by my own advise, if you have already invested, don't sell, instead continue to hodl and the market will soon pump back as usual, if you can afford it, try not to sell, if you sell, you're already losing on profits and selling in lose, we should forget about what other media platforms and influencers may be saying right now, even the stock market assets fall a times and people go in massive loss the same way.

[Mr_Brilliant$]

Bro, I was so shocked when I saw the crash..  I have been around the market for a while, but I have never seen something this wild before..  It came out of nowhere, every thing was so calm, next thing you know, billions was gone and Bitcoin was just bleeding red everywhere…. It felt unreal at first, I thought it was a glitch or something..

But funny enough, after small panic, yes i won’t lie I did panicked a little lol  , I did took advantage of it..  I just had to tell myself this is where the real opportunities come in…  Moments like that don’t show up often, and when they do, we gotta be bold enough to act…

[buwaytress]

Somewhat reassuring in a way to see people still comment about how shocked they are, how they've never seen anything so wild. Makes me feel like I really have seen it all.

Forget the amount wiped out. Volume is easy to imagine with a six-figure digit asset. 10%? 15%? Oh that was normal even during the last cycle, babies.

[Floxynice]

What do you think about the present bitcoin crash right now? Do you think this the right time to withdraw or sell your  Bitcoin, or the time to buy the dip? Your contributions are welcomed.

Sell? Hell no! This is the time to buy the dip instead. I am still wondering why investors still panic  when there is a dip, could it be that they are panicking because they have short term investment goals or because they do not trust bitcoin to be able to bounce back?

With my knowledge of Bitcoin, I have come to realise that every season and price movement is an opportunity. The best investment strategies come when investors make good use of these opportunities. Wrong use of these opportunities will result in possible losses and regrets.

To avoid all of these panics, they should always have the long term mindset so they can ignore all of these price crash noise.

[Coin bag]

What do you think about the present bitcoin crash right now? Do you think this the right time to withdraw or sell your  Bitcoin, or the time to buy the dip? Your contributions are welcomed.

The decision is yours because each of us has different thoughts about bitcoin. If you no longer believe in bitcoin or think the bull run is over, you can sell and leave the market temporarily. But if you believe that the bull season is not over yet, bitcoin will soon rise again. DCA is the right thing to do now instead of waiting because the recovery can happen quickly and you will miss the opportunity.

Personally I feel the bitcoin drop, liquidation and market reset is a good thing and a good time to buy more.

The decision is left for you you have to decide if you want to buy or sell your Bitcoin if you don't really believe that Bitcoin is good soon the investment rate of Bitcoin will be very very high in a rate that you we sell and make good profit on bitcoin you should know between is arising and falling trading coins I would like to advise you on this to go and buy a DCA because soon the recovery we take place

[Dunamisx]

In cryptocurrency, if you don't want to take much risk, don't go into trading and don't invest on altcoins to that extent, concentrate more on bitcoin investment and hold, whenever the market falls, it also requires that we don't rush to sell, but hold and wait till the market pumps, this is what is expected of us to do in times like this, while trading could take more risk to lose more as it also present the chances of earning more from it.

[Coyster]

What do you think about the present bitcoin crash right now? Do you think this the right time to withdraw or sell your  Bitcoin, or the time to buy the dip? Your contributions are welcomed.

Are you asking us if you should sell your bitcoins because of a normal dip in price? I can't tell you what to do, but we have seen similar dips like this numerous times in the past. It is not unprecedented like the media is painting it. And i also do not think we are in the bear season just yet.

That said, for me it is either i accumulate more coins or i leave my portfolio exactly the way it is. There is no way i am selling. I didn't sell anything when we hit a new all time high, so definitely not selling now.

[OgNasty]

Play dumb games, win dumb prizes.

[JeffBrad12]

Liquidation looks big compared to covid-19 incident because crypto futures market is getting bigger and the recent decentralized perp more or less contribute to the chaos because everyone want to get perp airdrops.

What do you think about the present bitcoin crash right now? Do you think this the right time to withdraw or sell your  Bitcoin, or the time to buy the dip? Your contributions are welcomed.

Selling bitcoin would be dumb because the crash already happened, you're literally selling at discount, it's instead time to buy to dip.
A bit corny but it reminds me of warren's wise words buy when everyone is in fear.

[mindrust]

DCA is a must without a doubt but also keep an eye on your risk levels. If you have too much money on alts, consider trimming them. It is a bit late to do this though most of them have made a nose dive against bitcoin but some of them at least partially recover and that will be your chance to redistribute your portfolio. If you put too much money on alts, that means you are taking too much risk. You may lose your money in alts, that the risk and we have seen it very clearly recently. Some alts literally grounded, went to zero on binance. It is because every alt has a btc pair and when btc makes a sharp move downwards, all the alts “die”