change your perspective

[sleepfirefly]

people worry now because bitcoin has been drawing back and has not been
making new ath which we all expected to happen but this is what eric trump has to say

Bitcoin exactly two years ago today was at $36,500. And what are we sitting at? You know, $102,000, $103,000, $105,000. We're dancing in that region. It was well over $120,000. So you had what, almost a 200% return in a two-year period of time.

i sit on this thought and realize he is right

critics use bitcoin's volatility to hate on it but it actually is what keeps us investors alive
volatility is what makes the world go ROUND! without volatility, the percentages of your return will be low

source: https://www.aol.com/finance/crypto-price-plunge-eric-trump-133032563.html

[Aanuoluwatofunmi]

people worry now because bitcoin has been drawing back and has not been
making new ath which we all expected to happen

What about all the previous all time high we made before now aren't they relevant anymore?

This is the common public narrative, they tend to believe that each time the market is on a downtrend, they exhibit fear of missing out, forgetting they are not dealing with altcoins at this, while during the bullrun and we make all time high, you observe the social media calmness of related talks and attacks on Bitcoin.

[headingnorth]

Bitcoin exactly two years ago today was at $36,500. And what are we sitting at? You know, $102,000, $103,000, $105,000. We're dancing in that region.
It was well over $120,000. So you had what, almost a 200% return in a two-year period of time.

This is somewhat misleading. What Eric Trump doesn't mention is that bitcoin dropped back down to $36K from its previous ATH of $69K
in 2021 before going back up again to over $69K and then over $100K in the next cycle.

So for a true doubling or tripling bitcoin would have to reach 2 x $69K (or 3 x $69K) which would give you $140K to double or $210K to triple.
It is a lot easier to double or triple from $36K than it is from $100K plus. The former is much more realistic to do.

So the most realistic way to double or triple your money is to buy low during the bear market (crypto winter) and then sell high during the bull market.
You could even 4X or 5X your money if you bought near the bottom of the last bear market when bitcoin was at $16K.

[Dave1]

We should not forget about cycles, maybe two years ago we are in the bearish trend so obviously the price is not that big as compare to what the last ATH is. So it is always be the same, as we approach the bearish season, we might see the price going down.

I remember years ago when someone said, here or in reddit that imagine if we hit $150k in the future and then dip so hard that the lowest low is $75k. So just imagine that, a lowest low of $75k or even $100k? That sounds crazy before but now it will come into fruition.

[Agbe]

Changing our perception from what to what exactly. Because for those of us that has been into crypto we know that this is not the first time that Bitcoin is dropping in price after making a all time high. Anyone at this point in time that is afraid of Bitcoin simply due to the current fluctuations in price must be a novice when it comes to Bitcoin because this is just a temporary fall in price , we have seen Bitcoin go back to all time high after this type of sharp drop in price before times without number.

[Free Market Capitalist]

We should not forget about cycles, maybe two years ago we are in the bearish trend so obviously the price is not that big as compare to what the last ATH is.

This. People aren't disappointed because two years ago the price was $36K, they're disappointed because  given  where we are in the cycle, the price hasn't gone up much. The ATH from the previous cycle has not even been doubled. We don't know if this means a change in what we call cycles, and we will have a bullish 2026, but for now, there is no reason to celebrate.

[Crypt0Gore]

So what perspective should we change? That volatility is a thing? I have been into Bitcoin for so long and I know about volatility, retails are the ones who talks trash once Bitcoin start going down.

There is no way that Bitcoin will not go up or down, you can't just keep expecting the price to keep going up and up all the time, many retails still lacks the market orientation, dumps are the best time for buying and surges are the right time to take profit.

Bitcoin have done pretty well since 2022 bear market, anyone saying negative words now must have missed the bottom and the top altogether, many believed that Bitcoin is going under 10,000 in 2022, when things started turning around from 15,000 they got angry because they missed it.

[hugeblack]

Bitcoin does not move within two years, but rather in cycles linked to Bitcoin halving. Therefore, the current fear is that the continuation of the decline automatically means breaking these cycles, and thus the price of Bitcoin will be more difficult to predict, or at least to determine long-term peaks and troughs.

[fikrett]

I agree with others on the cycles perspective, rather than just looking at it from the volatility point: the world now is also not as stable as it could be and every day may be a day which won't go well for the overall market, crypto and traditional one alike.

[Odusko]

people worry now because bitcoin has been drawing back and has not been
making new ath which we all expected to happen but this is what eric trump has to say

Bitcoin exactly two years ago today was at $36,500. And what are we sitting at? You know, $102,000, $103,000, $105,000. We're dancing in that region. It was well over $120,000. So you had what, almost a 200% return in a two-year period of time.

i sit on this thought and realize he is right

critics use bitcoin's volatility to hate on it but it actually is what keeps us investors alive
volatility is what makes the world go ROUND! without volatility, the percentages of your return will be low

source: https://www.aol.com/finance/crypto-price-plunge-eric-trump-133032563.html

Well we have realized that for quite a long time now and that have been the vibe of our mindset as investors, in fact most of us have been on the lookout for this present market drawback since it an opportunity for us to buy at a more lower price than we used to in the past when the price of Bitcoin was at all time high, so don't be discouraged when you read negative comments about Bitcoin during time like this when the price of Bitcoin dip down, same way you see alot of hype during all time high Bitcoin price record.

[Cointxz]

I remember years ago when someone said, here or in reddit that imagine if we hit $150k in the future and then dip so hard that the lowest low is $75k. So just imagine that, a lowest low of $75k or even $100k? That sounds crazy before but now it will come into fruition.

CZ keeps doing that kind of post on his social media way back when the price is very low. Anyone can predict that very optimistic price speculation since everyone is free to do that without any consequences.

I think what is important to consider now is how far Bitcoin price already grow from the start and it’s consistent growth in long term.

If we knew how consistent Bitcoin on pumping after fall I believe no one will pay much attention on draw back because it will surely pump back hard.

[martinex]

people worry now because bitcoin has been drawing back and has not been
making new ath which we all expected to happen but this is what eric trump has to say

Bitcoin exactly two years ago today was at $36,500. And what are we sitting at? You know, $102,000, $103,000, $105,000. We're dancing in that region. It was well over $120,000. So you had what, almost a 200% return in a two-year period of time.

i sit on this thought and realize he is right

critics use bitcoin's volatility to hate on it but it actually is what keeps us investors alive
volatility is what makes the world go ROUND! without volatility, the percentages of your return will be low

source: https://www.aol.com/finance/crypto-price-plunge-eric-trump-133032563.html

Once someone has read and understood the direction of the Bitcoin whitepaper, which, if I'm not mistaken, consists of eight pages titled "Bitcoin: A Peer-to-Peer Electronic Cash System," there's no need to be afraid or uneasy about today's market volatility.

BTC's scarcity has become the absolute answer to the false promises of the endlessly printed paper money. This is simply a CME gap and a panic-induced change in players. Continue buying with DCA, even if your current BTC is only a small fraction.

Let's change our perspective now.

[promise444c5]

Isn’t he the same guy that said Bitcoin is going to $175k … we expected as much or close anyways without him saying it.He can stop giving sentiment now because we can see clearly what’s going on with the market, if you can’t then you need glasses … him and 99 others keep messing with the market to shake off inv. and make more money..
Get used to it, this is going to continue for long time but atleast, it’s not too bad , we get to stack cheaper sats from time to time.

[Sammye3]

Volatility for me is opportunity and a foundation for a bigger phase. Like OP mentioned, there would be no significant profits without volatility as the market gives investors an opportunity for a buy order during setbacks.

Bitcoin has not disappointed in the past and would not do in the future, patience is key for long term investment.
It would definitely break through the cycle and it's only a matter of time. In the next two years, Bitcoin's price would definitely not be where it is currently and that is for sure.

[Oasisman]

Volatility for me is opportunity and a foundation for a bigger phase. Like OP mentioned, there would be no significant profits without volatility as the market gives investors an opportunity for a buy order during setbacks.

These huge dips are actually a sign of a healthy market. Anyone who was here when Bitcoin had an unprecedented bullish run in 2017 has an idea about the cycles and how investors would react before and after the bull run and bearish run. These patterns are almost identical to every bull market we have experienced so far.
These critics are here for a reason, and they don't always bear negative effects on Bitcoin. In fact, they can somehow help create a buying opportunity for those who believe in Bitcoin. Weak hands normally fall for these critics, especially during a sharp dip like what's happening currently.   
Most people in this community don't worry much about it though.

[Stablexcoin]

critics use bitcoin's volatility to hate on it but it actually is what keeps us investors alive
volatility is what makes the world go ROUND! without volatility, the percentages of your return will be low

Who again should listen to critics when they speak, the market has been fair enough ever since.

When the market makes ATH everywhere becomes silenced, their doubts are dropped but as soon a massive decline happens, they begin to criticize so people don't make profits from there. It is a tactics from them that have failed, bitcoin volatility is one of the most interesting phase that investors enjoys the most, time when everyone becomes serious to accumulate very huge portion of bitcoin.

[TastyChillySauce00]

people worry now because bitcoin has been drawing back and has not been
making new ath which we all expected to happen but this is what eric trump has to say

Bitcoin exactly two years ago today was at $36,500. And what are we sitting at? You know, $102,000, $103,000, $105,000. We're dancing in that region. It was well over $120,000. So you had what, almost a 200% return in a two-year period of time.

i sit on this thought and realize he is right

critics use bitcoin's volatility to hate on it but it actually is what keeps us investors alive
volatility is what makes the world go ROUND! without volatility, the percentages of your return will be low

source: https://www.aol.com/finance/crypto-price-plunge-eric-trump-133032563.html

The critics always dunk on bitcoin whenever there's correction like this but this kind of correction is completely normal.

They seem to forget that we are sitting on 200%+ ROI already. Anyone buying 2 years ago would still be making some good profit out of the market.
Even S&P 500 and stocks are dumping now. To selectively criticize bitcoin like this is an obvious sign of FUD.

[348Judah]

We should not stay too long on a spot when things are not changing, we need to make moves and seek the various means we can help the way through, there's need for new ideas, initiatives and many other things that could draw in more changes to us from what we do and expect to see, it is also important that we keep to learning new ideas as part of the development efforts to make everything work as we wanted.

[michellee]

Let's critics use volatility to hate but we use volatility to profit. Nothing to worry about if the price is lower than now. That means we can accumulate at a lower price and do the same thing as we did two or more years ago. Bitcoin will increase and those who believe will use this time to accumulate. Volatility gives us more chances to buy low and sell high. That is the truth and that is what moves the market. If you have not been making a profit before, you can wait for the next chance. That will still be open for those who want to make a profit. But you should be patient and not in a rush.

[Gozie51]

I was thinking in the early stage some people thought bitcoin will one day crash but that has not happened yet, investors are expecting even more volatility because that is actually where the juice is. Bitcoin price should not stay in a place, it should move from a point to another point, that makes the difference. Last month we saw bitcoin in the 6 digits but that is not the same today, you have price shift which shows that there is trading and traffic created. It is not a docile market for btc and eric trump is correct, there have been a lot of ground covered by bitcoin from beginning to this time.