The Fear is back - how are you handling it?

[Kelward]

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.

I expect only newbies to be very reactive with fear regarding how the market is going now because they don't have experience and not been properly schooled about bear seasons. The only difference between now and previous circles is that we had a new ATH in the last quarter of last year aside from this Bitcoin has always plunged in bear run and recovered in bull run, it's not like this is the first time that we're experiencing dip in the market. I don't think that experienced Bitcoin holders have anything to fear except that they have lost believe that Bitcoin will recover, it always does and we are expecting it to happen again. Instead of being in panic and offloading your stash you should accumulate and increase it that is the smart thing to do in this dip.

[barbara44]

I am already buying but only in small portions. I will wait for future confirmations before investing major chunk. As of now, yes there is fear in markets, and it has overcome the greed index. This will continue until we get back above $80,000 which can take some time. Maybe a few months from now but until then, people will continue panic selling. People had mixed moods the moment we can below $100,000 but were positive thinking this is a short downfall, and price will recover eventually but that did not happen instead the drop continued. This makes new investors panic and fear the markets before starting to invest back in.

For me, DCA is working really well, and I will continue until the drop stops. Once I have strong confirmation about the trend reversal, I will pour majority of my funds in bitcoins and will lock my positions for a couple of months or years until it reaches my desired levels.

[coolcoinz]

Don't care. I've been here when we crashed to $3k during covid and did nothing, I've been her when FTX collapsed and we crashed below $20k and again did nothing. In fact I started buying when we went below $30k and kept buying all the way down to $20k which I expected to be the bottom and when we crashed below I was out of money and couldn't buy anything

Right now it feels like a long time when you wake up every day and bitcoin is down, but it's nothing in the grand scheme of things. Usually these crashes last about a year and we've been 5 months in, so calm down, keep stacking if you have the money to do so, maybe leave some cash to buy if it goes lower. I don't care what price we get a month from now, as long as it's sub $100k I'm not interested in touching it.

[letteredhub]

And am looking at it to be the beginning of many leverage positions being wiped out with the constant sharp fluctuations that the market has being making recently. But if you're not trading but investing then the price fluctuations wouldn't raise any sought of emotions and fear since it's an opportunity rather to accumulate more on your portfolio with cheaper price should the price falls further.

[JoyMarsha]

Normally there are People who will fear, panic and sell now that Bitcoin price is down. Fear is something that is existing among men, but you can choose to be different. Anyone who understand Bitcoin and who know the history of Bitcoin will never think of sell his or her Bitcoin now. Rather the person will see this dip as an opportunity to buy more Bitcoin at a cheaper price and hold for long term.

And as for me, I am not bothered about Bitcoin price presently, because I know Bitcoin will bounce back just with time. So I am using this opportunity that Bitcoin has presented before me to accumulate more Bitcoin to add up to my existing Bitcoin portfolio and then hold for long term.

The fear would still be in the minds of people who don't understand Bitcoin. That's the way it has being for long, I  don't think that will change anyway since most investors(newbies) are investing with a high expectations in their minds to become rich. As that is not going as they planned, they tend to shiver unnecessary, selling at a loss price so that they won't continue to see their portfolio at loss.

[_BlackStar]

-snip-

I expect only newbies to be very reactive with fear regarding how the market is going now because they don't have experience and not been properly schooled about bear seasons. The only difference between now and previous circles is that we had a new ATH in the last quarter of last year aside from this Bitcoin has always plunged in bear run and recovered in bull run, it's not like this is the first time that we're experiencing dip in the market. I don't think that experienced Bitcoin holders have anything to fear except that they have lost believe that Bitcoin will recover, it always does and we are expecting it to happen again. Instead of being in panic and offloading your stash you should accumulate and increase it that is the smart thing to do in this dip.

The most common advice I hear in the midst of a market crash is to accumulate - but some people forget that not all bitcoin holders have an emergency budget they can use for accumulation. Your advice is basically right - but especially for those who already have an emergency budget, while for others accumulation is not the solution. Some investors ultimately have to wait a long time for the market to recover because they have no other solution - so, I guess they are the ones who end up having to give up early due to market pressure.

Right now - it is difficult to get additional budget for accumulation, unless you have a business that has good returns where some of the profits you can safely use for accumulation. Without additional budget - I think all of us will just have to wait patiently for recovery or until the trend changes for the better.

[suhadi88]

And am looking at it to be the beginning of many leverage positions being wiped out with the constant sharp fluctuations that the market has being making recently. But if you're not trading but investing then the price fluctuations wouldn't raise any sought of emotions and fear since it's an opportunity rather to accumulate more on your portfolio with cheaper price should the price falls further.

If you're brave and able to read market movements, there's a great opportunity to keep pushing, but the chaotic patterns of sudden rises and falls seem real and then get wiped out.

I think if we want to play it safe, trade on the spot rather than let your emotions get the better of you and increase your capital losses.

[justdimin]

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.

Taking eyes off the markets might not be the best solution here. Instead, keeping an eye on the fear and greed index, market manipulations and sudden volume pikes can make us take informed decisions. In market situation like this, we should not rely on single source instead should make our own analysis using multiple sources just to be sure. Situations like these are quite confusing especially for new investors and they don't know what exactly to do in situations like these. Should they sell or keep buying is a mystery for them.

Here, they should actively monitor the charts and make predictive analysis to understand what can happen in the coming months. Only after the analysis, they can start making their own decisions whether they have to sell or continue buying to hold for a longer duration. The decision also depends on individual risk appetite.

[Uhwuchukwu53]

In this market situation now experience speak better in confidence, as it can curve some panic. The level of fear with experience investor or holder can't be same with newbie in the market, though both will be in fear but not in the direction, there is no better way to the market as it keeps dipping than stay off avoid daily monitoring that leads to depression and concentrate on buying mostly when one still need more to accumulate. This period in the market is never a time of thinking how to get anything from once investment but time to invest more, it's more favourable in buying now than selling, but whereas the investor has invested much that don't deem necessary to buy best is to wait because any rush could leads to regret.

[Princess Leah]

And am looking at it to be the beginning of many leverage positions being wiped out with the constant sharp fluctuations that the market has being making recently. But if you're not trading but investing then the price fluctuations wouldn't raise any sought of emotions and fear since it's an opportunity rather to accumulate more on your portfolio with cheaper price should the price falls further.

If you're brave and able to read market movements, there's a great opportunity to keep pushing, but the chaotic patterns of sudden rises and falls seem real and then get wiped out.

I think if we want to play it safe, trade on the spot rather than let your emotions get the better of you and increase your capital losses.

The risk is still very high dear,insteading of that, buying Bitcoin consistently is a better option atleast one would be on a safe side and won't have to panic whether the market drops or not.

 It' takes a brave person to be patient and keep holding when the market is down but the that's where the greater opportunity you talked about lies and not in trading spot which is still very risky. When the market drops is an opportunity to accumulate more at a cheaper price and keep holding.

[Odusko]

In this market situation now experience speak better in confidence, as it can curve some panic. The level of fear with experience investor or holder can't be same with newbie in the market, though both will be in fear but not in the direction, there is no better way to the market as it keeps dipping than stay off avoid daily monitoring that leads to depression and concentrate on buying mostly when one still need more to accumulate. This period in the market is never a time of thinking how to get anything from once investment but time to invest more, it's more favourable in buying now than selling, but whereas the investor has invested much that don't deem necessary to buy the best is to wait because any rush could lead to regret.

Very well and those that are experienced in the cryptocurrency market know how to take advantage of the market at any point, and they are always waiting to buy up newbies' assets when there is panic and fear in the market which mostly affects only the newbies and not experienced cryptocurrency investors most especially those that have a stake in the market and have constantly followed things.

[whiteblue]

If you're brave and able to read market movements, there's a great opportunity to keep pushing, but the chaotic patterns of sudden rises and falls seem real and then get wiped out.

I think if we want to play it safe, trade on the spot rather than let your emotions get the better of you and increase your capital losses.

The risk is still very high dear,insteading of that, buying Bitcoin consistently is a better option atleast one would be on a safe side and won't have to panic whether the market drops or not.

 It' takes a brave person to be patient and keep holding when the market is down but the that's where the greater opportunity you talked about lies and not in trading spot which is still very risky. When the market drops is an opportunity to accumulate more at a cheaper price and keep holding.

Trading if you can make a profit is fine in my opinion, especially for those who are experienced and successful traders, but the fact is that trading is not for everyone and most people fail in trading, whether spot or other trading, we often see reports about it, so for those who cannot trade it is better not to take that very high risk, it is better to accumulate bitcoin slowly, it has become the safest and most profitable answer, only that we must have the courage and strength to hold the bitcoin we have for several years in order to have a profit that we are proud of, this is the best method.

[Alonso_]

I’m really not scared about how bitcoin is dropping in price, because I absolutely know what Bitcoin is all about because I have been investing in bitcoin for a very long time, and there is every possibility that Bitcoin would even drop more and that Bitcoin would also increase the more, we might also have a new ATH, so at this point it’s better to keep buying Bitcoin more consistently instead of panicking to sell out Bitcoin is more better to keep buying and holding when we have a discretionary income, but it’s normal to panic because of the manner that Bitcoin keeps dropping and coming down, I think the price that Bitcoin is now is normal and still affordable so it has presented a different opportunity to keep buying Bitcoin on a consistent and sustainable basis.

[Hardyrobust]

If you're brave and able to read market movements, there's a great opportunity to keep pushing, but the chaotic patterns of sudden rises and falls seem real and then get wiped out.

I think if we want to play it safe, trade on the spot rather than let your emotions get the better of you and increase your capital losses.

The risk is still very high dear,insteading of that, buying Bitcoin consistently is a better option atleast one would be on a safe side and won't have to panic whether the market drops or not.

 It' takes a brave person to be patient and keep holding when the market is down but the that's where the greater opportunity you talked about lies and not in trading spot which is still very risky. When the market drops is an opportunity to accumulate more at a cheaper price and keep holding.

Trading if you can make a profit is fine in my opinion, especially for those who are experienced and successful traders, but the fact is that trading is not for everyone and most people fail in trading, whether spot or other trading, we often see reports about it, so for those who cannot trade it is better not to take that very high risk, it is better to accumulate bitcoin slowly, it has become the safest and most profitable answer, only that we must have the courage and strength to hold the bitcoin we have for several years in order to have a profit that we are proud of, this is the best method.

  I don't think if anyone can be sure of making profit from trading especially when they haven't traded before. The best thing is to focus on bitcoin accumulation and not to think about making quick profit. Majority of the people that are trading bitcoin doesn't understand that the best way to make profit from bitcoin is through investing in bitcoin and then hold for long . Trading to me is gambling and the chances of losing is very high compare to that of making profit from it.

[Princess Leah]

I don't think if anyone can be sure of making profit from trading especially when they haven't traded before. The best thing is to focus on bitcoin accumulation and not to think about making quick profit. Majority of the people that are trading bitcoin doesn't understand that the best way to make profit from bitcoin is through investing in bitcoin and then hold for long . Trading to me is gambling and the chances of losing is very high compare to that of making profit from it.

It takes someone with a deep knowledge about cryptocurrency and know how to analyse the market and manage it's risks to make good profits from trading which is why trading is not advised, most especially for beginners in cryptocurrency since their knowledge is still very little.
 
 That's why people who make it big in trading are those who's been into the game for a while and understand what they're doing based on experience, it's not something that you can just jump in and get lucky without knowing how to calculate stop lose, read chart properly etc. That's the more reason why buying and holding a good coin like Bitcoin is more preferable especially for beginners.

[Zigabel]

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?

Currently Bitcoin stands at a price below $69k, for speculative purposes you may not want to get entries now because the chances are that it may further go even below $60k as it is currently around $66k as at the time of typing this reply. stepping away form the chart at this time will be one of the best options in that you will have your emotions and all your worries or bothers about price calm, but if you you are actively trading, the chances are that you will be worried at every move you get to see on the chart but then if you have an already open long term position you can leave it as it is beginning to look like the bear market is about getting exhausted for some corrections to take place. you can keep HOLDING but do not open a new position just yet because there is so much of uncertainties in the market now for a retail trader.

[Rockson1]

It takes someone with a deep knowledge about cryptocurrency and know how to analyse the market and manage it's risks to make good profits from trading which is why trading is not advised, most especially for beginners in cryptocurrency since their knowledge is still very little.
 
 That's why people who make it big in trading are those who's been into the game for a while and understand what they're doing based on experience, it's not something that you can just jump in and get lucky without knowing how to calculate stop lose, read chart properly etc. That's the more reason why buying and holding a good coin like Bitcoin is more preferable especially for beginners.

This is the truth because trading requires much knowledge and skills and that is what those people that jump in still come out easily or continue to lose money because they think that trading is something they can go in without being knowledgeable before profiting, am not saying that knowledgeable traders do not lose at times of course they will encounter loss but not as those who has no knowledge do, so for newbies, they most be very patient ro learn, if that is what they have chosen to do, I think everything has a procedure and process which I believe that trading has it's concepts too which those that find it interesting must follow.

[Sonia_123]

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?

This a buying chance, waiting for more confirmation is not the best thing to do but just keep buying and holding for as long as you wish because you don't know what the market will be in the next minute.

 Bitcoin is a volatile asset which makes the price unstable for its investors, the correction has to take place in other for bitcoin to move forward, it is only the traders that will have to be watching the market to known when to sell their coins but for investor of long term don't bother themselves but patiently waiting for the future.

[Emeraldo]

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.

There is sentiment in the market and people that are planning to buy Bitcoin and trying to wait for a while so that they can take a full advantage if the price of Bitcoin can drop again. This is what is going through some investors mind because they want to make hige money from investing in Bitcoin by buying at the lowest dip so that with a slight movement in Bitcoin, they can be in huge profits.
The sentiment in the market is making some holders to believe that they can make money from as the price continues to drop for a potential opportunity to buy and sell when price went up.

[STT]

This thread was began start of February but on balance at this point we're past fear, it should be opportunity thats lit flashing on the dashboard waiting for correct action.  Only buying on hyped highs is an expensive game, the cost is having to deal with the pullbacks like this which do tend to happen.  
   Right now, considering the chaos and a higher dollar as of late, BTC is pretty fearless so far.