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Yablee0 (OP)
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Today at 09:25:37 AM |
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If you are following up the market price of Bitcoin for sometime now you will noticed that the price isn't that encouraging and it has been making many investors to be more skeptical in their investment journey, as of today Bitcoin is currently at a price of $78,734.43 and before the end of today you will see a different figure.
However haven't seen all this constant fluctuation in Bitcoin price I decided to bring up this thread to encourage as many that has invested in Bitcoin to stay strong regardless what going on today. For sure, what the future hold in stock for us is greater than we can imagine, don't consider looking back in your investment journey just keep on doing your thing because those that we laugh last actually laughed the best and you must not be left out.
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Frankolala
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Today at 09:53:21 AM |
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There's nothing wrong with the way bitcoin price is moving. We have seen this price $78k several times before now. When you will start telling people not to panic is if the price hits $70k and below. Bitcoin price is doing fine, don't expect UPity all the time because bitcoin is volatile in nature. We are in the bear market expect bitcoin price to go dipper than this.
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Jubilee58
Member

Offline
Activity: 168
Merit: 39
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Today at 10:29:11 AM |
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Bitcoin is not doing anything different from the past, is a volatile asset and always fluctuating. Those with low risk tolerance cannot invest in Bitcoin because bitcoin rewards those who are patient with their investment. Am sure those of us who have been in the bitcoin market for so long now are not frightened with the present market conditions that is how the market works. The newbies should be encouraged because bitcoin is not a get rich quick investment scheme rather is an asset that reward long term investors.
Those of us that understand Bitcoin, one of the ideas behind good Bitcoin purchase is to buy the dip, so every Bitcoin bearish trend should be seen as an opportunity to buy more, this way when the bitcoin price eventually turn bullish, your profit will become huge.
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Finebone
Full Member
 
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Activity: 238
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Bitz.io Best Bitcoin and Crypto Casino
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Today at 11:33:58 AM |
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There's nothing wrong with the way bitcoin price is moving. We have seen this price $78k several times before now. When you will start telling people not to panic is if the price hits $70k and below. Bitcoin price is doing fine, don't expect UPity all the time because bitcoin is volatile in nature. You might not see anything wrong in it because you are experience, you know how the market behaves unlike newbies investors that are just coming into the system, so even though it's true that nothing is wrong with the market or price of bitcoin, people that are not that informed will always panic, so I don't think that it's a bad idea that the op is encouraging holders to hold strong. We are in the bear market expect bitcoin price to go dipper than this.
I don't entirely agree with this statement because Bitcoin has not broken the $72k support. It has tested that support level once in the past few days and am expecting a retest again, but if it successful broke and closed below it on a monthly timeframe, that's when I can confidently say that we are in the bear season, but if it fails to break that support level on a monthly timeframe, then be rest assured that we are still in the bullish season.
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Joy_learns_crypto
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Today at 11:37:51 AM |
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There's nothing wrong with the way bitcoin price is moving. We have seen this price $78k several times before now. When you will start telling people not to panic is if the price hits $70k and below. Bitcoin price is doing fine, don't expect UPity all the time because bitcoin is volatile in nature. We are in the bear market expect bitcoin price to go dipper than this.
Nothing is wrong with the price at $78k and if OP is encouraging people at that price then what will happen when it goes down lower than $50k Encouraging people to not sell at $78k should be about telling them to trust their own instincts and not the one wey you carry for mind.
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Odohu
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Today at 11:44:45 AM |
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However haven't seen all this constant fluctuation in Bitcoin price I decided to bring up this thread to encourage as many that has invested in Bitcoin to stay strong regardless what going on today. For sure, what the future hold in stock for us is greater than we can imagine, don't consider looking back in your investment journey just keep on doing your thing because those that we laugh last actually laughed the best and you must not be left out.
The drop in price that has happened to Bitcoin now is not the first or second time it is happening, it's been happening in the past yet one thing remained constant which is that Bitcoin will always recover. There have been times Bitcoin even dropped below 50% from its ATH, but it still recovered and make new ATH thereby earning those who held and bought more, some serious profits. I believe that the market is preparing to create new millionaires. Those that will fear and sell will be the losers while those that will be bold and hold will always profit from the market. My recommendation is to buy more and HODL.
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Ndabagi01
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Today at 12:26:07 PM |
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The fluctuations in the price of bitcoin will only affect those that are yet to understand how the market works. These is a volatile asset and you can’t expect it to continue in one direction for a long time, they’ll definitely be having sometimes that the trend will change and go into another direction. Newbie holders/investors are most likely going to be the ones to panic about their investment in bitcoin, most of investors that already understand the nature of the market or the asset they’ve invested into won’t look back or feel trembled to want to exit their investment, they know that better days are ahead for them with their investment and will hold on to the market and flow with the condition of the market for now.
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Qhunman
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Today at 02:08:48 PM |
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Bitcoin price will keep fluctuating whether we like it or not and folks who feels like this is the end of the journey are free to stop accumulating bitcoin.. believe they would regret later. The price of bitcoin is fine,even if it falls further, people shouldn't sell. The more sells,the likely the price will fall further, selling is not the best option for me and the worst ideal to consider. This is best time to buy bitcoin consistently.
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Zigabel
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Today at 02:13:54 PM |
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If you are following up the market price of Bitcoin for sometime now you will noticed that the price isn't that encouraging and it has been making many investors to be more skeptical in their investment journey, as of today Bitcoin is currently at a price of $78,734.43 and before the end of today you will see a different figure.
However haven't seen all this constant fluctuation in Bitcoin price I decided to bring up this thread to encourage as many that has invested in Bitcoin to stay strong regardless what going on today. For sure, what the future hold in stock for us is greater than we can imagine, don't consider looking back in your investment journey just keep on doing your thing because those that we laugh last actually laughed the best and you must not be left out.
Not to sell hopes but we know and and believe that Bitcoin has got potential and that will be seen most manifest in the near future, if you are doing Bitcoin short term, you are very likely to be having it really rough at this time and so it will be encouraged that you rather take a pause or you will want to switch to the long term as you will be able to get the most in the long term than you would with the short term on situations as this. What we are seeing happening in Bitcoin is something that happens often where Bitcoin begins to correct some moves in the past and rebalance positions that will eventually be exceeded in the future when it happens that there be a bullish move which will eventually take place actually. Thinking long term for Bitcoin does often helps you do better than you will short term with Bitcoin.
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Doan9269
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Today at 02:17:00 PM |
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We should always remember that in some condition, the market may rise and fall, while it is also common that we see it behave in a fake put manner, that we may be thinking its rising, whereas it was heading to fall more, which makes it more unpredictable and deceiving by its ways of performance, but when we are able to hold and remain unshakable with the market, going after it may cause more losses, but holding and waiting could be more rewarding at last for us, when the market begin to rise again.
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Promocodeudo
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Today at 03:11:50 PM |
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We should always remember that in some condition, the market may rise and fall, while it is also common that we see it behave in a fake put manner, that we may be thinking its rising, whereas it was heading to fall more, which makes it more unpredictable and deceiving by its ways of performance, but when we are able to hold and remain unshakable with the market, going after it may cause more losses, but holding and waiting could be more rewarding at last for us, when the market begin to rise again.
All you said at the bolded area should be seen as part of Bitcoin market, those are some behaviours that contributes to the reasons why we often say that the market is unpredictable, if the market is consider as being unpredictable it means that the market is not expected to head to a particular direction permanently, there will be continuous price shift to accommodate both the ups and down of Bitcoin, since we have seen, observed or heard Bitcoin performance overtime, it will be a wise and good decision if we stand very firm or keep buying to hodl for a long-term, although it might be difficult but it is worth it considering how beneficial it is at the long-term.
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cxtreenal
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Today at 03:26:45 PM |
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If you are following up the market price of Bitcoin for sometime now you will noticed that the price isn't that encouraging and it has been making many investors to be more skeptical in their investment journey, as of today Bitcoin is currently at a price of $78,734.43 and before the end of today you will see a different figure.
However haven't seen all this constant fluctuation in Bitcoin price I decided to bring up this thread to encourage as many that has invested in Bitcoin to stay strong regardless what going on today. For sure, what the future hold in stock for us is greater than we can imagine, don't consider looking back in your investment journey just keep on doing your thing because those that we laugh last actually laughed the best and you must not be left out.
The current price is not encouraging for those who trade. Investors who are involved in DCA and are regularly accumulating Bitcoin are praying for this period to be extended. The aim is to increase the holdings by buying Bitcoin frequently and reduce the average price by increasing the amount of Bitcoin sat. In my personal opinion this extension should be for another 3-6 months. The price situation that has existed since October last year needs to improve. But if this period is longer, there is a possibility of increasing fear. Long term investors see the period of Bitcoin decline as a dynamic to accumulate more Bitcoin holdings with a small amounts of dollars.
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Obim34
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Today at 03:29:45 PM |
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However haven't seen all this constant fluctuation in Bitcoin price I decided to bring up this thread to encourage as many that has invested in Bitcoin to stay strong regardless what going on today. For sure, what the future hold in stock for us is greater than we can imagine, don't consider looking back in your investment journey just keep on doing your thing because those that we laugh last actually laughed the best and you must not be left out.
The aim of every investment is to make profits, investor's tolerance to hold for a long time is different, some just want the little short term profits and they are fine, your advice isn't bad, it is much better to hold through this period, for those who value long term goals, or those who bought at a higher price than $78K which is the current price, is better on not selling now.
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