Panic..

[Dreadboost]

It's easy to get caught up of the price movements today, but have you considered taking a look at the bigger picture of this asset?
Many are tempted to go out now many are waiting for few more drops in price to move out immediately. But I just want to remind everyone today that Bitcoin is not defined by its short term dips, but rather it's long term potential for massive growth and massive rewards.

In the past, at the range of 2021-2023 you will observe Bitcoin made the craziest dip of all time, but today look at how far the coin has gone. It literally Shaked off the investor's with panic and worry. Sometimes I look at individuals say "Omo I wish I invested in Bitcoin earlier" the real question is would you have survived the dip that happened between 2021-2013?

So Bitcoin is still on the move, no fear it will certainly shake some investors out sure, but look at the bigger picture, you made an investment, consider it a set and forget,

That's why we try to preach to people in this forum to use their discretionary income, and also use DCA strategy, to avoid all these panic, but some no free hear and now I de hear news of suicibe.

[IjawMan]

Op no be 2021-2023 you hold for mind to write? Edit your post and correct deh mistake.

Di truth na make people stop to the make regrettable statements onto what them for done make in profit if them been done enter di bitcoin investment from the first beginning, cause no be every man weh buy bitcoin that time hold am till now.

This one na our turn to grab di opportunity with how demand for bitcoin done deh high pass the total supply no so every circle di value go deh rise and na only people weh hold am for di next 6-8 years go chop di profit just as Di people weh begin with bitcoin chop for e early time come reach present day.

[Odogwu-Blockchain]

Where you hear that news of suicide, I never see am anywhere on the internet o, that victim must be a newbie who think say Bitcoin investment na come chop, as you invest, you don cashout mindset. But no be so, even some people sef wey be oldies dey still shake when dips like this happened.

The thing be say, na the culture be that, e must fall, e must rise, nothing person go do about am, when it's time to fall, take advantage, when it's time to rise, take advantage too.

[Y3shot]

It is just a matter of understanding and good decision making. Understanding bitcoin will always bring reasons why you need to invest in Bitcoin and because of the understanding you have to make your decisions because you know what the outcome will be like at the end. Like I always say most people who get panic about the dip in bitcoin is either they dont understand bitcoin or the reason for investing is to get profit quick which it is possible they might be investing with the amount they can afford to lose.

[Nathrixxx]

Ad some are buying, it also serves as the best selling position for some other, this shows that we all have our different entry and exit plans, and that everyone must be able to understand which best suits his own personal interest before taking an action over the market, while I don't see being into panic as something we need to do, when others are still very much more holding onto their position to avoid loss, some are selling or buying in fear, all because of panic or what we called FOMO.

[Nheer]

It's easy to get caught up of the price movements today, but have you considered taking a look at the bigger picture of this asset?
Many are tempted to go out now many are waiting for few more drops in price to move out immediately. But I just want to remind everyone today that Bitcoin is not defined by its short term dips, but rather it's long term potential for massive growth and massive rewards.

In the past, at the range of 2021-2023 you will observe Bitcoin made the craziest dip of all time, but today look at how far the coin has gone. It literally Shaked off the investor's with panic and worry. Sometimes I look at individuals say "Omo I wish I invested in Bitcoin earlier" the real question is would you have survived the dip that happened between 2021-2013?

So Bitcoin is still on the move, no fear it will certainly shake some investors out sure, but look at the bigger picture, you made an investment, consider it a set and forget,

That's why we try to preach to people in this forum to use their discretionary income, and also use DCA strategy, to avoid all these panic, but some no free hear and now I de hear news of suicibe.

I like as OP dey motivate others it's really good, many people actually don't look at the bigger picture of what they want to achieve with Bitcoin and I wonder if they were not actually prepared of situations like this. When Investing into Bitcoin and alts you should be aware of the volatility and price movement and as such they should expect dips to occur at some point. Bitcoin has made several incredible turn around after experiencing dips so people should be aware by now that with time it will bounce back.

Somethings happens for a reason so you shouldn't regret why you haven't started your investment journey earlier the main thing is that you started. It's never too late to join because Bitcoin is a reliable asset with potentials.

People who commit suicide are very unserious people, always investing far more than they can afford to lose. Too greedy chasing profits that they can't risk losing money. We fit tolerate risk pass each other na why Dem talk say "invest only what you can afford to lose".but people go neglect am.

[Donk1]

I agree with what you said op .. to me I believe that we should not only try to pass through the bitcoin market dip, no we should also see it as an open opportunity . because when the prices are high everybody would be worried if they had bought early, and when the price is also low everyone is also worried . to me I believe  that as a crypto enthusiast If you have enough money to spare you should over look all those dips as minor set back. that's just it ,to be financially successful it not always about the good times sometimes you have to endure and also pass through the tough times as well...

[Majestic-milf]

Where you hear that news of suicide, I never see am anywhere on the internet o, that victim must be a newbie who think say Bitcoin investment na come chop, as you invest, you don cashout mindset. But no be so, even some people sef wey be oldies dey still shake when dips like this happened.

The thing be say, na the culture be that, e must fall, e must rise, nothing person go do about am, when it's time to fall, take advantage, when it's time to rise, take advantage too.

Bro, this last dip wey bin occur last month cause people to kpai and if you wan dey sure, see  Link here.
 You fit talk say nah newbie investor be that but baba e sure me say nah strong hand wey no prepare for that sudden crash.
Bitcoin nah something wey dey volatile and e no for one day promise say e go stop the volatility rate but wetin people need to understand be say if their risk tolerance no match up, make them leave investment of Bitcoin to people wey fit because in times like this nah you go see those weak hands dey rush go sell or begin to entertain any yeye FUD wey come up.

[Joy_learns_crypto]

Where you hear that news of suicide, I never see am anywhere on the internet o, that victim must be a newbie who think say Bitcoin investment na come chop, as you invest, you don cashout mindset. But no be so, even some people sef wey be oldies dey still shake when dips like this happened.

The thing be say, na the culture be that, e must fall, e must rise, nothing person go do about am, when it's time to fall, take advantage, when it's time to rise, take advantage too.

The only news about suicide I heard na that man wey lose millions of investors money, and this thing no be that Kin recently wey e happen. If you have evidence of any suicide news caused by the dip you should post link to it.
But dem Always they talk say invest wetin no go burden you. If you even what you can’t afford to lose it can cause suicidal ideation.

[Callido]

Where you hear that news of suicide, I never see am anywhere on the internet o, that victim must be a newbie who think say Bitcoin investment na come chop, as you invest, you don cashout mindset. But no be so, even some people sef wey be oldies dey still shake when dips like this happened.

There are news about suicide even recently after the massive drop that happened in a month ago, but those are not Bitcoin investors rather more like those who trades with Bitcoin. Any Bitcoin investor that invests, understands that volatility, deep volatility is a must although that which happened was a big surprise but an investor holding millions of Dollars worth of Bitcoin already understands the market perfectly, so why commit suicide when knowing the price will rise back up, the victims are those who had their Bitcoin liquidated.

If investors panic and sell in the short term, below their entry price they lose the chance of making profits, use funds that you won't be needing for desperate measures, Bitcoin is always profitable at the end most especially in the long run.

[Fiatless]

Bro, this last dip wey bin occur last month cause people to kpai and if you wan dey sure, see  Link here.
 You fit talk say nah newbie investor be that but baba e sure me say nah strong hand wey no prepare for that sudden crash.
Bitcoin nah something wey dey volatile and e no for one day promise say e go stop the volatility rate but wetin people need to understand be say if their risk tolerance no match up, make them leave investment of Bitcoin to people wey fit because in times like this nah you go see those weak hands dey rush go sell or begin to entertain any yeye FUD wey come up.

One of my paddy dey always tell me say make I no expect too much from anybody or thing. People bin expect too much from Bitcoin for this bull run. Dem feel say as institutional investors don enter the crypto space, bitcoin go nak $200k. So many of them still dey hold even when dem supose cashout.

The good part about BTC bi say the price go still rise. If the price no rise from now till early next year, make dem prepare to hold till another bull market enter.

[Sammye3]

Bitcoin's price has always been speculative with a lot of interests from investors, as well as uncertainty around it's route for the future.

Success does not come easy, setbacks are bound to happen, even in physical businesses they're often challenges faced on the long run that cannot be avoided as they become part of the experiences.

This current Bitcoin phase is a period for learning and gathering experiences not a time to hit "out" because of fear or uncertainty. True investors do not panic, avoid investing what you can't afford to lose and trust the process.

[Samlucky O]

So Bitcoin is still on the move, no fear it will certainly shake some investors out sure, but look at the bigger picture, you made an investment, consider it a set and forget,

Normally anybody wey dey invest for Bitcoin no sopos dey look the market bcos de market dey go up and down, de person sopos dey look far far ahead bcos Bitcoin no be just something wey person go put money now come dey fear say something go hapen. Anybody wey don tey for this business no sopos reason all dos kind matter. If we look Bitcoin price since 2009 Till today we go see say anybody wey put money no fit regret. As Bitcoin dey do I'm thing dey go jejely e be like e dey slow for people eye but if you check am Wella you go see say e dey go. E movement be like turtise movement, e slow but with time e go reach where e dey go. Na only newbie investor naim btc price fit shake off, no be old investors wey Sabi BTC matter wey fit dey do dat one.

That's why we try to preach to people in this forum to use their discretionary income, and also use DCA strategy, to avoid all these panic, but some no free hear and now I de hear news of suicide.

See make I Yan you tori, if you like use discretion fund as oyibo man call am, person wey go panic go still panic. Person wey no go panic no go panic.

[Tmoonz]

Bitcoin's price has always been speculative with a lot of interests from investors, as well as uncertainty around it's route for the future.

Success does not come easy, setbacks are bound to happen, even in physical businesses they're often challenges faced on the long run that cannot be avoided as they become part of the experiences.

This current Bitcoin phase is a period for learning and gathering experiences not a time to hit "out" because of fear or uncertainty. True investors do not panic, avoid investing what you can't afford to lose and trust the process.

The truth remains that whatever that uses to happen whenever the market is on a crash like this will happen, those that will panic will panic and they are free to do so am saying this because there can never be a time when Bitcoin will have any Sharp crash and there will not be those that will panic, men of little faith will forever exist in this space, Bitcoin  will never be going up all the time and  which we are supposed to have in mind so that we don't panic any time we see a market crash, those that have ears should hear and learn the process or face the consequences of any actions they take.

[Wiwo]

To be frank with you, i have come to a point in crypto market that i dont check the price of Bitcoin as often as people have taken serious with and that what it means most times, so dont follow such  trends rather you should make out ways to better position yourself to win over the market.

This is the best time to buy.

No need to sell if you dont have urgent need of the money, that is very important for every investors since selling at current price definitely put you at lost.

[rachael9385]

It's easy to get caught up of the price movements today, but have you considered taking a look at the bigger picture of this asset?
Many are tempted to go out now many are waiting for few more drops in price to move out immediately. But I just want to remind everyone today that Bitcoin is not defined by its short term dips, but rather it's long term potential for massive growth and massive rewards.

In the past, at the range of 2021-2023 you will observe Bitcoin made the craziest dip of all time, but today look at how far the coin has gone. It literally Shaked off the investor's with panic and worry. Sometimes I look at individuals say "Omo I wish I invested in Bitcoin earlier" the real question is would you have survived the dip that happened between 2021-2013?

So Bitcoin is still on the move, no fear it will certainly shake some investors out sure, but look at the bigger picture, you made an investment, consider it a set and forget,

That's why we try to preach to people in this forum to use their discretionary income, and also use DCA strategy, to avoid all these panic, but some no free hear and now I de hear news of suicibe.

It's normal to have doubts but with the little experience we all have It's common knowledge that the dip isn't a permanent thing, just because the market isn't going in the direction we want doesn't mean that it won't,  a lot of people have started panicking unnecessarily, be calm and don't let your emotions decide for you. Bitcoin can hit ath again at anytime,  selling your tokens right now is a bad idea

[Marykeller]

Why most of the investors wey we get for this crypto space panic na because they let their emotions to the control them for their decision making for where Bitcoin dey, whether na to sell or no keep hodling. Most of them do end up selling sha, some wey get mind d decide not to sell because d believe in the future of Bitcoin to be great.

OP, You know why em be sae up to date we still d get people wey d sell their Bitcoin in any dips wey happen to Bitcoin upon them knowing to well that future profits of Bitcoin awaits them na because they lack conviction of hodling Bitcoin for long, no be mostly their spare money they use to invest for Bitcoin. For them to stay at the safe side, it is better for them to avoid further losses, they need cash to pay bills, and to sort out unexpected expenses.

[Pablo-wood]

This is the best time to buy.

No need to sell if you dont have urgent need of the money, that is very important for every investors since selling at current price definitely put you at lost.

Since the goal remains long term every time is the best to buy just that some opportunities gives better entry points than others but on the long run everyone has a share of the returns made at when the market eventually gets ripe.

Selling as rightly said should be a matter of urgency but if by chance there are others ways to source the money to tackle that pressing need or there is a possible calculative move to raise the money over a period of time and still solve the problem without losing anything then it's best we just hold.

[Agbam]

OP I don Dey see am say Panic Dey synonymous with dip, you no fit comot am but where the matter tie wrapper na wen you no get proper knowledge and you go com use fear go sell at a loss, that one no good at all. This na why dem Dey advise us make we use money wey b discretionary income, so we nogo too feel am or Dey pressured cos of urgent needs.

The thing I don Dey learn now na to stop to Dey check the market price every now and then cos that one fit follow they make person think too much.
Dem say bitcoin na for people wey get akpobi, I don Dey get am and I Dey see dips as more opportunities now…. Something like promo price to buy something.

[Makus]

Last month the dip made a lot of crypto enthusiasts killed themselves and I eas beginning to wonder if they have really been involved in cryptocurrency all these while for them to do such an outrageous thing then it hit me that they just panicked, some lost millions of dollars and at that moment they forgot totally that the market can get back on track. This is why it's important to be in control of your emotions if you are planning to be fully involved in crypto. Just because the price is reducing doesn't mean you should start panicking, keep on holding because it's going to hit ath again