The Fear is back - how are you handling it?

[Dave1]

Fear is always present but that doesn't mean it can't be avoided. My simple approach is to avoid constantly monitoring the market and focus solely on long-term accumulation. Consider this month a special month where Bitcoin is offering discounts. HODL is the best approach. After all, we've experienced this kind of market many times, stay optimistic and don't let fear weaken your hand and force you to sell. Behind every weak hand, there's a smart investor who exploits it.

It is not easy to avoid monitoring the market because even if you are not doing intentionally you will always get an update either from your exchange or on social media.
The only way to overcome fear and be focus on continuous accumulation of bitcoin is to have a good understanding of how bitcoin works. Someone that don't know much about market volatility maybe paralyze with fear of losing there money in this bearish season we are in. People should understand that as much as there is a bull run that there will likely be a bear season.

It's true, but if you are into long term holding, it doesn't matter what the price is. On the other hand, if you see that the price is on a massive decline, then it could be positive to you as you are willing to buy more as your goal is to accumulate.

I know that others might be fearful when the price goes below $70k, but this is a test for all of us,whether you are going to sell and not invest at all or just continue to accumulate or start your accumulation phase.

It's going to be very long but in the end, after the bear market, then you will see how big your profit is.

[Republikcoin.com]

~~~

When Bitcoin was at $69,000, I was considering this time as a buying opportunity. Although I invested using the DCA method, when Bitcoin fell below $70,000, I tried to buy a little more because we invested $100,000, we invested $90,000, when Bitcoin reached $69,000, it created more opportunities for investment. I don't know what will happen next, but if the market drops further, I will plan to buy more because this time may come or may not come.

Now, Bitcoin's price is still at $66,000 and even reached a much lower price of $60,000 earlier this month. So, the opportunity you're hoping for has truly arrived, and I hope you still take advantage of it by buying more Bitcoin because that's already a fairly low price compared to its peak. And for this month, I'm also unsure whether Bitcoin will surprise me again by reversing, as price increases after declines are common for Bitcoin at certain times.

[Mame89]

When Bitcoin was at $69,000, I was considering this time as a buying opportunity. Although I invested using the DCA method, when Bitcoin fell below $70,000, I tried to buy a little more because we invested $100,000, we invested $90,000, when Bitcoin reached $69,000, it created more opportunities for investment. I don't know what will happen next, but if the market drops further, I will plan to buy more because this time may come or may not come.

Now, Bitcoin's price is still at $66,000 and even reached a much lower price of $60,000 earlier this month. So, the opportunity you're hoping for has truly arrived, and I hope you still take advantage of it by buying more Bitcoin because that's already a fairly low price compared to its peak. And for this month, I'm also unsure whether Bitcoin will surprise me again by reversing, as price increases after declines are common for Bitcoin at certain times.

To overcome fear when Bitcoin experiences a drastic decline especially as it has recently fallen to $60,000 you need to understand Bitcoin's movements before and after each halving. This knowledge is crucial to avoid excessive fear that could lead to panic.

The current decline in Bitcoin is a common occurrence. Even when Bitcoin experiences a significant decline, various negative issues can exacerbate panic. However, when you have a good understanding of Bitcoin instead of feeling afraid you can even exploit this decline as an opportunity to buy Bitcoin at a discount. Of course, Bitcoin won't recover in the near future and it may even experience another decline. This is why the DCA strategy is highly suitable for implementing in market conditions like these.

[Orpichukwu]

From my past experience during previous corrections, stepping away from charts helps avoid emotional decisions. Are you treating this as a buying chance or waiting for more confirmation?

As someone who doesn't have money to buy, the best I can do is watch the market do its thing. If not, this could have been the best time to buy and add to one's portfolio, but for those who are holding what was just recently acquired at a high price level, the best is just to avoid going through the chart, as it will lead to a high level of unnecessary pressure.

[Emeraldo]

~~~

When Bitcoin was at $69,000, I was considering this time as a buying opportunity. Although I invested using the DCA method, when Bitcoin fell below $70,000, I tried to buy a little more because we invested $100,000, we invested $90,000, when Bitcoin reached $69,000, it created more opportunities for investment. I don't know what will happen next, but if the market drops further, I will plan to buy more because this time may come or may not come.

Now, Bitcoin's price is still at $66,000 and even reached a much lower price of $60,000 earlier this month. So, the opportunity you're hoping for has truly arrived, and I hope you still take advantage of it by buying more Bitcoin because that's already a fairly low price compared to its peak. And for this month, I'm also unsure whether Bitcoin will surprise me again by reversing, as price increases after declines are common for Bitcoin at certain times.

This month is a good green month for us because we are going to be seeing the price of Bitcoin falling and I think we should not expect any green movement this month. The month of February will be ending soon and I doubt if we are ever going to see the price of Bitcoin exceeding 80k because of the fud in the market that is making skme investors to halt the idea of buying any Bitcoin for now because of the rumors in the market that the price of Bitcoin could suddenly crash to 10k.

[LogitechMouse]

The mood changed fast this week. The drop to $69k brought fear back into the market, likely due to leveraged positions getting wiped out and macro uncertainty around interest rates. From my past experience during previous corrections, stepping away from charts helps avoid emotional decisions. Are you treating this as a buying chance or waiting for more confirmation?

Well, if you lost too much money from this downwards movement of the market then stepping away and relaxing yourself really is the best thing that you can do right now because you might become insane or worse, you might end up losing more money because of the bad decisions that you will make.

That drop really caused a lot of fear around the crypto market, and we can see it in the Fear and Greed Index where it went to as low as 5 a few days ago. What's good is that, the CPI that has been announced hours ago went below to the expected one which in some times a bullish news, and the market reacted to it. Now Bitcoin is back at near the $69,000 area, but it's weekend now though so there will be much lower volume right now, and because of that we might see short pumps and dumps here and there.

This drop has been very sharp, and as much as I want to see Bitcoin go to as low as $50,000, I still expect for a lower high to be created, or at least a bit of a relief bounce in the upcoming weeks then from there, we will see if it will continue or it will just go down from there, and will create lower lows. I don't see this for me as a buying opportunity, but I'll observe the market for me to enter a short position once I see the relief bounce happening.

[Strongkored]

The mood changed fast this week. The drop to $69k brought fear back into the market, likely due to leveraged positions getting wiped out and macro uncertainty around interest rates. From my past experience during previous corrections, stepping away from charts helps avoid emotional decisions. Are you treating this as a buying chance or waiting for more confirmation?

Fear will dominate day traders, especially those who have just experienced Bitcoin's four-year cycle. If they have gone through at least two four-year cycles, they will understand what to do. Investors will also see this as a buying opportunity, especially if they still have funds to use to buy Bitcoin. If they don't have funds, just pay attention to the market, there's no need to force themselves to borrow money to buy.

[Cleanslate_]

The mood changed fast this week. The drop to $69k brought fear back into the market, likely due to leveraged positions getting wiped out and macro uncertainty around interest rates. From my past experience during previous corrections, stepping away from charts helps avoid emotional decisions. Are you treating this as a buying chance or waiting for more confirmation?

Investors nowadays are always looking up on the chart which is really putting a lot of panic and fear in them making the weaker investors start selling their investment for the fear of more loss, but for the stronger ones, sees it as either hodl unto whatever they have or keep accumulating without waiting and hodl until bitcoin price bounce back.

Hodl is the best for now.

[danherbias07]

Indeed, a buying chance. I still look at charts even if they're going down because it's a great opportunity to hoard more Bitcoin. I guess we just need that courage to face reality, and it's going to swing back and forth just like what is happening now.

From 64k to 71k, then back to 68k. It's not fun to see it if you are a long-time holder of Bitcoin and getting ready to sell. I bet some thought about increasing their Bitcoin amount by selling high and then buying now, but because we do not have a crystal ball to tell the future, we surely miss it. It's frustrating when you are in that position, and now the patience will be tested.

[davis196]

The mood changed fast this week. The drop to $69k brought fear back into the market, likely due to leveraged positions getting wiped out and macro uncertainty around interest rates. From my past experience during previous corrections, stepping away from charts helps avoid emotional decisions. Are you treating this as a buying chance or waiting for more confirmation?

The experienced Bitcoin HODLers don't feel any fear whatsoever. Only the crypto noobs do feel some kind of fear. I totally understand the people, who put their life savings into BTC and are afraid of losing a lot, when the price drops down even further. Not having enough money as a "safety net" and investing everything into a volatile asset can be really frustrating and irritating. The BTC protocol still works like a charm. The market was influenced by a bunch of geopolitical nonsense. The greed will return on the markers after a year or two. The "4 year cycle" theory might be valid after all. We are in a bear market right now, but the bull market will come somewhere around 2028. Patience is key.

[POPOLUV]

The mood changed fast this week. The drop to $69k brought fear back into the market, likely due to leveraged positions getting wiped out and macro uncertainty around interest rates. From my past experience during previous corrections, stepping away from charts helps avoid emotional decisions. Are you treating this as a buying chance or waiting for more confirmation?

The experienced Bitcoin HODLers don't feel any fear whatsoever. Only the crypto noobs do feel some kind of fear. I totally understand the people, who put their life savings into BTC and are afraid of losing a lot, when the price drops down even further. Not having enough money as a "safety net" and investing everything into a volatile asset can be really frustrating and irritating. The BTC protocol still works like a charm. The market was influenced by a bunch of geopolitical nonsense. The greed will return on the markers after a year or two. The "4 year cycle" theory might be valid after all. We are in a bear market right now, but the bull market will come somewhere around 2028. Patience is key.

That is just it, that those experienced Bitcoin HODLERS don't feel any fear whatsoever, because most investors that has not gotten to their expectations since how many years they have been into Bitcoin investments is due to fear in then, that has been keeping them from buying and accumulating, and know that so many investors are still panicking due to the fluctuation why some investors see the fluctuation as a normal thing with Bitcoin behavior in the market, so for any investors to excel in Bitcoin investments, should always consider buying now that is we are in the bear market because definitely one we will approach the bull market very soon.

[Ndabagi01]

Now, Bitcoin's price is still at $66,000 and even reached a much lower price of $60,000 earlier this month. So, the opportunity you're hoping for has truly arrived, and I hope you still take advantage of it by buying more Bitcoin because that's already a fairly low price compared to its peak. And for this month, I'm also unsure whether Bitcoin will surprise me again by reversing, as price increases after declines are common for Bitcoin at certain times.

The lowest price we’ve seen Bitcoin for this year has really been a good buying opportunity for those that are willing to take advantage of the market. The market is very volatile and it has reduced so much that it has slashed the price it got to at the peak by 50%. The Bitcoin price has been very low and more bearish momentum could still take place in the market in the coming days or weeks. For those wanting to buy at a lower price, the current price isn’t that bad of a price to get into the market with, overtime things will tend to get better but one doesn’t need any more confirmation to dive into this market and make the most out of it.

[batang_bitcoin]

It's important to protect your emotional being and if the market is damaging you so badly because whenever you look at your portfolio, it's just bad and keeps on dropping. No doubt the best thing to do is to avoid looking at the charts and closing your portfolio tracker. It will not do you good when you're so stress about the market and you have no idea when it will recover. The time to make more money is now and that's to buy if you have the means to do it. The rich makes money during bear markets because they've come prepared for it while the others are fearful.

[barbara44]

People "fear" when the price goes down, should we probably consider that it could be calculated and not fear as well? I know that not everyone is calculated, but some of the people are calculated and could be considered a decent investment for most of them. I think it is going to be pretty good if you risk at calculated level rather than just believing into your technical or only relying on fundamentals. if your investment risks are per predetermined plans then that must include what you should do for bear market as well.

These type of people do not fear, they just know that others will, and the price will fall, so they sell at the top and get out and get back in lower and end up with double the amount of bitcoin they had and profit later when bull comes back.

[dunfida]

The mood changed fast this week. The drop to $69k brought fear back into the market, likely due to leveraged positions getting wiped out and macro uncertainty around interest rates. From my past experience during previous corrections, stepping away from charts helps avoid emotional decisions. Are you treating this as a buying chance or waiting for more confirmation?

The experienced Bitcoin HODLers don't feel any fear whatsoever. Only the crypto noobs do feel some kind of fear. I totally understand the people, who put their life savings into BTC and are afraid of losing a lot, when the price drops down even further. Not having enough money as a "safety net" and investing everything into a volatile asset can be really frustrating and irritating. The BTC protocol still works like a charm. The market was influenced by a bunch of geopolitical nonsense. The greed will return on the markers after a year or two. The "4 year cycle" theory might be valid after all. We are in a bear market right now, but the bull market will come somewhere around 2028. Patience is key.

That is just it, that those experienced Bitcoin HODLERS don't feel any fear whatsoever, because most investors that has not gotten to their expectations since how many years they have been into Bitcoin investments is due to fear in then, that has been keeping them from buying and accumulating, and know that so many investors are still panicking due to the fluctuation why some investors see the fluctuation as a normal thing with Bitcoin behavior in the market, so for any investors to excel in Bitcoin investments, should always consider buying now that is we are in the bear market because definitely one we will approach the bull market very soon.

Well, there's still that fear and thats normal specially when you do see your investment or holdings do shows up some negative but since you've been here on this market for a while then its something that you wouldnt be shocked on whatever the market would be that behaving and you've been get used to it and it turned out that it would be just that like a normal day and thats why it is that totally different into those people who had been just recently dive in into this market or simply those newbies that having that kind of immediate reaction or having those assumptions that the market would go to zero and this is a normal approach. Its best that before you would be diving in into this market then make sure that you are wary about the unpredictability and the volatility of this market so that you wouldnt be having any shock at the time the market moves on big expansions whether on bearish or bullish run.

How to handle? It would be just that depending on you because you are the ones who do handle up yourself on this one and if you arent that prepared or you do still lack some experience then its normal that there would be having that impulsiveness and panic but one you do go forward then you would be able to adjust.

[Johnlomape]

It's important to protect your emotional being and if the market is damaging you so badly because whenever you look at your portfolio, it's just bad and keeps on dropping. No doubt the best thing to do is to avoid looking at the charts and closing your portfolio tracker. It will not do you good when you're so stress about the market and you have no idea when it will recover. The time to make more money is now and that's to buy if you have the means to do it. The rich makes money during bear markets because they've come prepared for it while the others are fearful.

The solution lies in our hand and investors should take their eyes off the market sentiment for now. There are so many sentiments in the market and we don't even know what to do at this moment, whether to buy Bitcoin or to wait for as long as possible for the price of Bitcoin to recover before buying again.

Many people that are are choking their eyes on almost all  events that is happening in the market and this will make it hard to invest in Bitcoin due to so many analysis that is supporting and contradicting the price of Bitcoin and the possible direction is may be going. The crypto market is bleeding and for those that have holdings, they might make wrong decision if they don't take their attention off the crypto market for now.

[Odusko]

The mood changed fast this week. The drop to $69k brought fear back into the market, likely due to leveraged positions getting wiped out and macro uncertainty around interest rates. From my past experience during previous corrections, stepping away from charts helps avoid emotional decisions. Are you treating this as a buying chance or waiting for more confirmation?

Agreeably yes, a step backwards is very important because the current market if not carefully followed can cause alot of fear and fomo that investors may get tempted to take some actions that ordinarily will not end well for the portfolio value, when the price of bitcoin dropped from $70,000k to around 63k we all saw how the fomo started to dip and leverage traders got emptied with liquidations hitting their leverage position, but for experience traders and bitcoin investors this the time to take a break from the market.

[Yaunfitda]

The mood changed fast this week. The drop to $69k brought fear back into the market, likely due to leveraged positions getting wiped out and macro uncertainty around interest rates. From my past experience during previous corrections, stepping away from charts helps avoid emotional decisions. Are you treating this as a buying chance or waiting for more confirmation?

Fear will dominate day traders, especially those who have just experienced Bitcoin's four-year cycle. If they have gone through at least two four-year cycles, they will understand what to do. Investors will also see this as a buying opportunity, especially if they still have funds to use to buy Bitcoin. If they don't have funds, just pay attention to the market, there's no need to force themselves to borrow money to buy.

Yes, as just like what the market here is, everything is in a cycle, those who have experienced multiple cycles already knows how to react in a bear market and not have a ounce of fear. But we all know that during our first time here, we are all afraid and we don't know how to react positively. So for us, this is a perfect opportunity to buy. Or start our accumulation phase. I remember the previous bear market, I didn't start until the 6 months. So I could have missed a lot of opportunity back then. But now, I won't make the same mistakes. I'm going to dedicated myself to buy thru DCA in this bear market and see how far I can go. Not going to check the price or be emotional, I'll just continue every week to buy and be a holder for this cycle.

[Bitcoin_people]

The mood changed fast this week. The drop to $69k brought fear back into the market, likely due to leveraged positions getting wiped out and macro uncertainty around interest rates. From my past experience during previous corrections, stepping away from charts helps avoid emotional decisions. Are you treating this as a buying chance or waiting for more confirmation?

According to the current situation in the market, most investors' moods change quickly, many are unable to be patient, they become emotional and frustrated. The market has fallen a lot, which is really disappointing, but we should not collapse, but we have to be patient, the market will definitely come back, just wait for time. So I think it would be best to invest from now on and follow DCA, which will make us more valuable in the future. According to such a situation in the market, almost all investors are planning to add more BTC to their wallets. I think instead of selling at this time, we should be patient and buy if we have money, this is the best way.

[bhadz]

The mood changed fast this week. The drop to $69k brought fear back into the market, likely due to leveraged positions getting wiped out and macro uncertainty around interest rates. From my past experience during previous corrections, stepping away from charts helps avoid emotional decisions. Are you treating this as a buying chance or waiting for more confirmation?

Whether you wait for more confirmation or a buying chance, both are good thoughts and decision while we're not yet back to $100k. We don't know for how long we need to wait until we see that price again. But one thing people know right now, we're heading to the bear market. Everyone needs to do their thing whether to preserve the value of their holdings or simply do nothing. And that's how I am dealing with it, to do nothing and if I have some more money to buy then that's the time that I'll start buying.