A little reminder

[Pumpsta]

The untold truth is.. someone who buys BTC because others told them it recovers will be among the first in line to sell when panic & fear strikes. You can’t cheat what you’re convinced about and you won’t feel safe hodling something you’re unsure about. So if you ain’t ready for another sharp drop, don’t do it. You’ll do more damage to yourself buying something you’ll sell for less later on..

[freedomgo]

ACCUMULATE.

Its always a benefit to have some knowledge of the historical movements of the
Bitcoin market but not everyone does that and so end up thinking at times like this
that the market is going to crash hard and Bitcoin will end.

This has happened many times before and will continue in the future.

Well, we can’t really blame them if their knowledge is stuck where it is. That’s just the reality of investing, not everyone ends up profitable. But since we’re already in this game, we need to make sure we’re making the right decisions to actually win in the long run. And we’d be stupid if we don’t learn from the OGs here who are sharing their experiences, you know.

[JoyMarsha]

Bitcoin is struggling right now and everyone is tempted to sell, I bet. A few are probably thinking that this might be the end of bitcoin. But let’s take a deep dive into the past.

Those who don't know the history of Bitcoin price will react negatively to Bitcoin declines by selling their Bitcoin. I don't blame at times anyway. It is a lack of knowledge that causes it, and they invested with a lot of expectations in mind of what they stand to gain in the short term if they invest in Bitcoin. And when their short term plan fails by making them have terrible losses, they become frustrated, to sell out of disappointment to relieve themselves from continuing to feel emotionally drained from the losses they have made in their Bitcoin investment.

[reefsea]

Bitcoin is struggling right now and everyone is tempted to sell, I bet. A few are probably thinking that this might be the end of bitcoin. But let’s take a deep dive into the past.

Those who don't know the history of Bitcoin price will react negatively to Bitcoin declines by selling their Bitcoin. I don't blame at times anyway. It is a lack of knowledge that causes it, and they invested with a lot of expectations in mind of what they stand to gain in the short term if they invest in Bitcoin. And when their short term plan fails by making them have terrible losses, they become frustrated, to sell out of disappointment to relieve themselves from continuing to feel emotionally drained from the losses they have made in their Bitcoin investment.

It is undeniable that for now a fairly excessive reaction is always carried out by those who still do not really understand how bitcoin works so that they will always consider that this situation is really a problem that cannot even be solved by anyone because this will always be considered a destruction for bitcoin.

But in the end a situation like this is certainly not something that should be worried too much because those of us who have been in bitcoin for a long time must realize that a situation like this is still a normal situation because every increase must have a correction for the continuation of the previously delayed rally.
It is important for us to still hold considerable confidence so that everything goes according to expectations and the long-term investments we make get maximum results.

[Majestic-milf]

I will skip the Bitcoin discussion board for a while since there is nothing new to discuss.

It is always about bitcoin dropping in price, panic selling, motivational quote to not sell now, bla bla bla.

What do you expect? Isn't it the same thing going on in the speculation board? People need to keep themselves motivated and encouraged so when they create such threads and the number of replies come up, it's more of a way to also pass the time

[The Founding Titan]

Bitcoin's history had shown us that it will always recover after every DIP and even hit a new ATH, every one who has tracked it's price movement over the years will understand better, but for people who are new in bitcoin and haven't personally experienced a dip this high before they will tend to show a certain level of fear because experience will always beat third party knowledge but this particular knowledge has a good track record of over 15 years so we can tell that bitcoin has been through higher percentage slashes and still recovered from it, instead of panicking and selling now it would be better to try to buy more, if you are too unsure to buy more but you have have from your previous purchase then the best thing to do is hold out till the end of this dip and at the end of the day your patience and discipline will eventually pay off.

[Fiatless]

I will skip the Bitcoin discussion board for a while since there is nothing new to discuss.

It is always about bitcoin dropping in price, panic selling, motivational quote to not sell now, bla bla bla.

What do you expect? Isn't it the same thing going on in the speculation board? People need to keep themselves motivated and encouraged so when they create such threads and the number of replies come up, it's more of a way to also pass the time

When the price was skyrocketing, several posts about how to buy and not miss out on the opportunity were everywhere. Social media was also filled with news about how to invest in the crypto market.

It is usual to expect the opposite as we are getting close to the bear market. Those who have surface knowledge about Bitcoin will panic sell since they are not patient and saw Bitcoin as a quick means of getting profit.   

[yudi09]

Bitcoin is struggling right now and everyone is tempted to sell, I bet. A few are probably thinking that this might be the end of bitcoin. But let’s take a deep dive into the past.

Now we’re here. So before you doubt bitcoin, remember to go look in the past. Bitcoin has always recovered and it will again.

There are phases in life: the past, the present, and the future. The past is a time that people have gone through, and it is from the past that people can determine how decisions should be made for the future. We have seen and experienced Bitcoin, so that what is happening now can be considered normal and we are not tempted to sell. Selling in the midst of a market situation like this is not an action that would be taken by people who have studied how the Bitcoin price market works.

Look at the market now, it is starting to leave behind prices that are considered bad because it has fallen from $100k to $90k and continues to fall below that. It is slowly starting to increase again towards $90k. This is normal for us with the ups and downs of the situation.

[Majestic-milf]

When the price was skyrocketing, several posts about how to buy and not miss out on the opportunity were everywhere. Social media was also filled with news about how to invest in the crypto market.

It is usual to expect the opposite as we are getting close to the bear market. Those who have surface knowledge about Bitcoin will panic sell since they are not patient and saw Bitcoin as a quick means of getting profit.   

That's true and I'm not even against these threads that are popping up and giving their two cents about the future of Bitcoin or even asking for opinion because like I said earlier, its easy to asks for opinions on how people view the market, what their plans are for it and who knows, these responses could encourage those who were panicking to hold on and have a little patience.

[HONDACD125]

That's true and I'm not even against these threads that are popping up and giving their two cents about the future of Bitcoin or even asking for opinion because like I said earlier, its easy to asks for opinions on how people view the market, what their plans are for it and who knows, these responses could encourage those who were panicking to hold on and have a little patience.

Well, I don't think panic sellers would change their minds or decisions only by reading some posts or messages in a public forum, because they are generally impatient, it's in their nature, and you can't change someone's nature through verbal schooling. Even if they take a note or two from what they read or hear, it will only be temporary, and the motivation won't last too long, and as soon as something else happens later, they will forget everything and start panicking again, because it's in their nature, they just can't help it.

I have literally seen people having panic attacks, and when that happens, they will become restless, looking at the market again and again, asking questions to those who they think have more knowledge about the market, inquiring whether the market will recover or not, and if the market goes down further during that time, the panicking increases rapidly, and then at one point, it goes out of hand, and that's when they decide to exit and finish the suffering.

[qurbanshah02]

The untold truth is.. someone who buys BTC because others told them it recovers will be among the first in line to sell when panic & fear strikes. You can’t cheat what you’re convinced about and you won’t feel safe hodling something you’re unsure about. So if you ain’t ready for another sharp drop, don’t do it. You’ll do more damage to yourself buying something you’ll sell for less later on..

At this point, he will feel that either I have been cheated or I have bad luck because of which Bitcoin is doing this, while it is wrong and there is no real reason for this movement of Bitcoin yet, so we cannot tell anyone. If he sells it because he thinks it will wipe out our money, he will regret doing so and seeing the same Bitcoin go up in the next few weeks. According to me, we should be patient because Bitcoin has not yet come down much, it is above last year's ATH. Therefore, all investors should be patient and see Bitcoin in profit. If we want big profits, we should be patient, which we see clearly in Bitcoin, but only those who know it well know it.

[nakamura12]

Well, I don't think panic sellers would change their minds or decisions only by reading some posts or messages in a public forum, because they are generally impatient, it's in their nature, and you can't change someone's nature through verbal schooling. Even if they take a note or two from what they read or hear, it will only be temporary, and the motivation won't last too long, and as soon as something else happens later, they will forget everything and start panicking again, because it's in their nature, they just can't help it.

If won't change their mind if they are old bitcoin investor because they know and experience it themselves before where the situation is similar or even worse compared to dip right now. I would say the same thing if I am an investor of bitcoin. Well, for those who have lots of money can take advantage of the price decrease to accumulate more bitcoin or not at all (depends on them). The situation right now is I think that it is what happens to bitcoin when it's price is being corrected.

[uchegod-21]

Every bitcoin season brings about three different emotions; excitement, panic and regret.

During the bull season  when the price of bitcoin is rising, there are lots of excitement, people get euphoric and anticipate good returns while the bull season lasts.

Once the price of bitcoin dips, same people who showed excitement when bitcoin's price was rising will begin to panic. Weak hands will begin to sell their bitcoins to avoid losing more.

Then the regret comes once bitcoin recovers and weak hands have already exited the market, missing out on the opportunity to make massive profits.

This whole pattern is normal, I am not shakened by the noise everytime bitcoin's price moves in a certain pattern. The plan remains the plan no matter the price movement.

[Boiboi20]

No, I am not tempted to sell my Bitcoin but I hodl it tight and still accumulate. Bitcoin is now at $84k, a decrease once more. But that doesn't mean we have to panic especially for those who saw what happened to Bitcoin in the past. We need to hodl Bitcoin and not panic so we can see when we can start accumulating more Bitcoin. If the bear market comes soon, so be it but we are ready for it and will buy Bitcoin. Bitcoin will recover soon so don't be afraid of the fall but prepare your money and continue your DCA.

However i am not even thinking about selling I am still holding and adding more when I can yeah bitcoin dropped back to $84k but that is nothing new if you have watched how it moves over the years no need to panic if we do slide into a bear market that just mean more chances to buy bitcoin has always recovered so instead of worrying about the dip I am just keeping some cash ready and sticking with my DCA.

[melinoe]

However i am not even thinking about selling I am still holding and adding more when I can yeah bitcoin dropped back to $84k but that is nothing new if you have watched how it moves over the years no need to panic if we do slide into a bear market that just mean more chances to buy bitcoin has always recovered so instead of worrying about the dip I am just keeping some cash ready and sticking with my DCA.

Panic is temporary, BTC is eternal, that's all I can say

[Finestream]

History may not be a guarantee but its important for us to be aware of its history so we can be more enlightened and encourage that no matter how low bitcoin price drops, it will never settle there, but will definitely make a way to recover, and from there, there's higher chances that it will reach another peak price.

Bitcoin is freedom, and hope as well. So do not resort into panicking if ever the price reaches another dip, that will take some days and reversal is on the way. Be calm and relax instead, and hold your coins, not risk them and sell.

[Joy- maker]

Bitcoin is struggling right now and everyone is tempted to sell, I bet. A few are probably thinking that this might be the end of bitcoin. But let’s take a deep dive into the past.

Point of correction Bitcoin is not struggling right now so get that into your f****** head. This is just bear market which is normal, and we are already familiar with it, so stop saying b******* that Bitcoin is struggling right now, and from this your statement above it shows that you don't really have Good knowledge and better understanding about Bitcoin, that's why you end up making such an inappropriate statement, and that's statement alone has automatically condemn the whole things you wrote. Sincerely speaking you made this thread because you just wanted to post something that's why you failed to pick your words careful. Normally this dip had made a lot person's to panic and sell, although I won't blame them because they lack knowledge, they don't have a good understanding on how Bitcoin work, because assuming they are knowledgeable enough I don't think they will be selling their Bitcoin holding do to the dip that occurred, rather they will see it as a buying opportunity to buy more Bitcoin at a cheaper price and add up to their existing portfolio.

[Botnake]

I will skip the Bitcoin discussion board for a while since there is nothing new to discuss.

It is always about bitcoin dropping in price, panic selling, motivational quote to not sell now, bla bla bla.

What do you expect? Isn't it the same thing going on in the speculation board? People need to keep themselves motivated and encouraged so when they create such threads and the number of replies come up, it's more of a way to also pass the time

What do you expect in bitcoin discussion? Discussion of how bitcoin stays on top when bitcoin is currently on a huge price decline?

We are here to get acquainted with what is going on with bitcoin and in the crypto market, not to sugar coat the realities with bitcoin.

[Scarlett_23]

Bitcoin is struggling right now and everyone is tempted to sell, I bet. A few are probably thinking that this might be the end of bitcoin. But let’s take a deep dive into the past.

Bitcoin in 2010 never reached a $1. The next year, 2011, bitcoin reached almost close to $30. Bitcoin in 2012 peaked at $13 just before the year ended.

The first halving happened the month before in year 2012. Not even 5 years into its creation, bitcoin reaches $1000 in 2013.

Bitcoin fell during 2014. 10 years ago, 2015, bitcoin’s highest price was only around $400. Bitcoin had a slow appreciation in 2016 but eventually reached $1000 by end of the year.

2017 changed a lot of people’s lives with bitcoin reaching a high of $19,000. 2018 on the other hand was quite painful with bitcoin closing in on around $3000. Bitcoin in 2019 resulted in mixed feelings but it gained positive traction when it jumped from $3000 to $13000 again in the middle of the year.

 2020 showed extreme lows and extreme highs but ultimately reached close to $29000. Bitcoin in 2021 reached an astounding $60,000. In 2022, bitcoin wasn’t notable playing only around $20000-$30000. Bitcoin in 2023 closed at $40000. 2024 saw bitcoin reach the big $100000 milestone.

Now we’re here. So before you doubt bitcoin, remember to go look in the past. Bitcoin has always recovered and it will again.

Those who have basic knowledge about Bitcoin know what the dynamics of Bitcoin will be like. A decrease in price does not mean that Bitcoin is gone. We know that the price of Bitcoin increases in the long term. Again, even if it decreases in the short term, it starts increasing again after a period of time. However, those who do not know about Bitcoin will say that Bitcoin is gone, it will not exist. Again, if those who expect to buy when the price drops are told that the price has dropped, buy now, then they will say that they do not want to lose money by investing here. Such people are not investors. They are critics.

[zeuner]

Bitcoin is struggling right now and everyone is tempted to sell, I bet. A few are probably thinking that this might be the end of bitcoin. But let’s take a deep dive into the past.

If one bear market is the beginning of the end, looking at the previous ones probably won't change that.