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BlackBoss_
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Today at 03:19:38 AM
 #101

This depends on the situation because if you are an investor and you made an entry at the top of the market and of course you dont have a budget anymore to buy only your choice is to hodl your coins and you dont want to see your bitcoins value going down, now next is the people who have a perspective that accumulation is the best because you are aiming for a long term hodl and you will see the potential at the next cycle so loses is part of your journey so you dont care much the bitcoin already prove its potential already all you need is to trust.
With people who are investors and truly had their plans as investors, they will not feel panic by making a wrong entry. Because surely they can simply hold their coins bought around ATH, hold it for market recovery, wait for a next market cycle, a next bull run, and next ATHs in the future. People only get panic if they don't have good finance, don't make proper financial management and their bad investment entries mean they won't get profit in short term and mid term, then if unluckily emergencies come, they will have to sell bitcoins with losses.

With investors who are either newbies or experienced investors, if they use good and safe investment approaches such as Dollar Cost Averaging which supports by good finance and risk management, they will do Bitcoin accumulation gradually over time quite comfortably without stress from bear market.

R


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Today at 06:26:46 AM
 #102

One clear thing that separates real Bitcoiners from short-term speculators is that real Bitcoiners enjoy situations where they can accumulate BTC cheaper – a bear market.

I agree, and I've never understood the general whining about a price drop. Incidentally, a price drop could happen now... after all, Bitcoin's fall below its 200-week moving average, which is near 62,000, increases the risk of further decline in July. A similar loss of support at long-term moving averages preceded a deeper decline during the 2022 bear market, when Bitcoin continued to decline before bottoming out. A break of Bitcoin's bearish "flag," analysts say, increases the likelihood of a price drop to $55,000 in July unless Bitcoin quickly regains its place above that same 200-week moving average. After all, it's one of the most powerful technical analysis indicators, in my opinion.

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Today at 07:12:19 AM
 #103

One clear thing that separates real Bitcoiners from short-term speculators is that real Bitcoiners enjoy situations where they can accumulate BTC cheaper – a bear market.

I agree, and I've never understood the general whining about a price drop. Incidentally, a price drop could happen now... after all, Bitcoin's fall below its 200-week moving average, which is near 62,000, increases the risk of further decline in July. A similar loss of support at long-term moving averages preceded a deeper decline during the 2022 bear market, when Bitcoin continued to decline before bottoming out. A break of Bitcoin's bearish "flag," analysts say, increases the likelihood of a price drop to $55,000 in July unless Bitcoin quickly regains its place above that same 200-week moving average. After all, it's one of the most powerful technical analysis indicators, in my opinion.
Sometimes some of us who consider ourselves bitcoiners always focus on the decline that has occurred after ATH but do not pay attention to the previous increase. Even though we know that bearish is a natural form after we feel bullish.

We should not need to panic excessively because we must know that after the bearish is over, the bullish will return because the cycle is always like that.
Temporary concern just because getting a discount is a thing that will be in vain but some do not realize this because they expect bitcoin to always experience an increase in value but they do not think about the process that must be passed before the increase occurs.

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Today at 07:19:40 AM
 #104

This depends on the situation because if you are an investor and you made an entry at the top of the market and of course you dont have a budget anymore to buy only your choice is to hodl your coins and you dont want to see your bitcoins value going down, now next is the people who have a perspective that accumulation is the best because you are aiming for a long term hodl and you will see the potential at the next cycle so loses is part of your journey so you dont care much the bitcoin already prove its potential already all you need is to trust.
With people who are investors and truly had their plans as investors, they will not feel panic by making a wrong entry. Because surely they can simply hold their coins bought around ATH, hold it for market recovery, wait for a next market cycle, a next bull run, and next ATHs in the future. People only get panic if they don't have good finance, don't make proper financial management and their bad investment entries mean they won't get profit in short term and mid term, then if unluckily emergencies come, they will have to sell bitcoins with losses.

With investors who are either newbies or experienced investors, if they use good and safe investment approaches such as Dollar Cost Averaging which supports by good finance and risk management, they will do Bitcoin accumulation gradually over time quite comfortably without stress from bear market.
This is the point that causing panic sales is real takeaway. When it comes to entry points, it is rarely about price we enter, it is about whether we even had an emergency fund outside of our Bitcoin portfolio to begin with. If you buy at $126k ATH and you have the way to lose money, you have no issue. They just wait and see, market cycles come and go, and history has proven it. Individual who must sell at loss is almost always facing a cash flow emergency and not one that is related to their idea. That is why DCA and enough emergency savings go hand in hand. DCA helps to average out your buyin over time, and having emergency fund means you do not have to sell Bitcoin when it is not a good time, to pay bills or other needs. The majority of bad investor stories you hear are actually bad financial planning stories in bitcoin costume.

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Today at 08:28:39 AM
 #105

One clear thing that separates real Bitcoiners from short-term speculators is that real Bitcoiners enjoy situations where they can accumulate BTC cheaper – a bear market.

I agree, and I've never understood the general whining about a price drop. Incidentally, a price drop could happen now... after all, Bitcoin's fall below its 200-week moving average, which is near 62,000, increases the risk of further decline in July. A similar loss of support at long-term moving averages preceded a deeper decline during the 2022 bear market, when Bitcoin continued to decline before bottoming out. A break of Bitcoin's bearish "flag," analysts say, increases the likelihood of a price drop to $55,000 in July unless Bitcoin quickly regains its place above that same 200-week moving average. After all, it's one of the most powerful technical analysis indicators, in my opinion.
Sometimes some of us who consider ourselves bitcoiners always focus on the decline that has occurred after ATH but do not pay attention to the previous increase. Even though we know that bearish is a natural form after we feel bullish.

We should not need to panic excessively because we must know that after the bearish is over, the bullish will return because the cycle is always like that.
Temporary concern just because getting a discount is a thing that will be in vain but some do not realize this because they expect bitcoin to always experience an increase in value but they do not think about the process that must be passed before the increase occurs.
A new investor asked me why the price of Bitcoin is gradually decreasing. I asked him if he was expecting any unusual market value from Bitcoin. I advised him to analysis the market and practice Bitcoin price graphs. He did so and told me that he had found his answer. Bitcoin's last ATH occurred on October 6th of last year when the highest price reached $126,198.

If you expect Bitcoin's ATH to occur every month, that is not a reality. Both ups and downs will happen in the market. How you decide your investment strategy is your responsibility. Price decreases do not occur to create panic in investors. Each correction period of Bitcoin is an opportunity for investors to buy. Investors who take advantage of this opportunity and can regularly accumulate Bitcoin will be successful in the future.

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Today at 08:40:13 AM
 #106

One clear thing that separates real Bitcoiners from short-term speculators is that real Bitcoiners enjoy situations where they can accumulate BTC cheaper – a bear market.
Snip
Snip
A new investor asked me why the price of Bitcoin is gradually decreasing. I asked him if he was expecting any unusual market value from Bitcoin. I advised him to analysis the market and practice Bitcoin price graphs. He did so and told me that he had found his answer. Bitcoin's last ATH occurred on October 6th of last year when the highest price reached $126,198.

If you expect Bitcoin's ATH to occur every month, that is not a reality. Both ups and downs will happen in the market. How you decide your investment strategy is your responsibility. Price decreases do not occur to create panic in investors. Each correction period of Bitcoin is an opportunity for investors to buy. Investors who take advantage of this opportunity and can regularly accumulate Bitcoin will be successful in the future.
It's worthy to note that new investors should not always expect a a surge in price, because that is not possible with Bitcoin as an asset. Bitcoin is not a stable asset so for any investor to always think about the price always been on the positive side is lack of sufficient knowledge, which is one of the reasons why individuals especially newbies get discouraged when their expectations did not come to reality.


We should always know that Bitcoin Volatility there there, and that Bitcoin price will fluctuate from time to time. Just like the price has been down since the all time high of last year. This is characteristics of Bitcoin and that is what makes Bitcoin unique and different from other assets.

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Today at 09:02:15 AM
 #107

Sometimes some of us who consider ourselves bitcoiners always focus on the decline that has occurred after ATH but do not pay attention to the previous increase. Even though we know that bearish is a natural form after we feel bullish.

We should not need to panic excessively because we must know that after the bearish is over, the bullish will return because the cycle is always like that.
Temporary concern just because getting a discount is a thing that will be in vain but some do not realize this because they expect bitcoin to always experience an increase in value but they do not think about the process that must be passed before the increase occurs.

Bitcoin's cycle will continue to run at peaks and then decline, and for some bitcoiners, this is a normal market event.
This activity will encourage bitcoiners to capitalize on the momentum, allowing anyone who can see an opportunity to achieve a much larger amount of bitcoin than the accumulation concept applies. The cycle will remain the same, with times of bullish and times of bearish. What distinguishes a true bitcoiner is how they see opportunities, as experience will undoubtedly help them maintain composure.

Panic will cause problems, and if not handled properly, it will have an impact.
True bitcoiners know when to be patient and when to enter the market to accumulate, whether in large or small amounts, according to planned targets.
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