Crypto Moment is not encouraging

[Alphakilo]

All I see right now is nothing but an opportunity to hold and accumulate more Bitcoin because the bull run would come when the landscape stabilizes, but who knows when this will be, because the rise of investment in AI technology is an arms race that many countries and individual retail investors are very much interested in, so that leaves only the hardcore believers of Bitcoin to keep up the grind and wait patiently.
No need to open long term positions while trading so as to preserve and manage capital and for those who are more familiar with automated grid parameters, its good to stay within limits while we ride the current market over the medium term.

[PrivacyG]

Any sane person would know there is no such thing as 'always encouraging' Markets.  You get in the Bitcoin game, you pretty much have to expect what usually comes which is some times a lot of turbulence.  Open up the All Time chart!  Do you see a line going straight up?

[Popkon6]

In this current situation, no matter how low the price of Bitcoin is, people will make a mistake if they wait any longer. Because this situation is under control, those who want to invest in Bitcoin will definitely be able to invest in Bitcoin. But those who just keep up with the market and people will only hope that the price of Bitcoin will fall further but they will not buy, when the price of Bitcoin will gradually go down, they will say that Bitcoin is dying.
So those who take the risk to buy Bitcoin have already bought Bitcoin, many are holding Bitcoin by following the DCA method, this is the best. Because the longer the Bitcoin investment and the continuity of purchase, the more successful that person will be in Bitcoin investment.

[Orpichukwu]

Not encouraging. Were you expecting the value to be going only upward and not have time to settle down? These are the moments where many can consider it an opportunity to buy cheap and stock up while you are waiting for the government to stabilise the market. People are busy bagging up. How you see the market depends on the period you are in; if you are expecting to sell, then it’s not a good time, but if it’s holding, this is time to still buy more.

[2stout]

It really makes no difference unless one is expecting a quick money or facing a margin call.  Otherwise, this is another buying at a discount opportunity.  Bitcoin is all about the long game, keep hodling; it isn't a moment, it's a movement.

[Tmoonz]

As it is not encouraging for some people, it is encouraging for some people. Some people want to buy bitcoin at lower prices.

The market can change at anytime, but if it will take the next 6 months before the bull market will begin to appear, it is no more far and people can wait. That is what most people are expecting because of the 2022 bear market that lasted for 13 months from November 2021 to December 2022. Just buy more bitcoin in time like this when many people can be afraid to be it, it is the best time to buy.  There are some people that are happy for this bear market that occured.

Your points are spotted on and I agree with you, the present market condition is worth most people prayer point and a good moment for more shots and they will be doing it with all excitement but funny enough how it is not going to be encouraging for some people, in time like this I understood perfectly well what it happening, in life there are moment when some people optimally utilize opportunity that others ignores but however, every action and inaction in life can have potential benefits and or consequences which we have to take responsibility and accountable for, am not really if the moment of the market seems not encouraging for some people but yes we can't generalized this since others are also taking advantage of it and perhaps what's happening is no longer new.

[X-ray]

Today coins news shows that BTC losing percentage weight of 1.4% down while Etherium is 2.8% down, on this data trends has shows several comments where traders and investors complaining how capital has turned lost coins and most investors says the cause of this dramatic change maybe as a result of geopolitical factors and rise of oil prices.

This moment may continue for the next 6 months pending when inflations over prices and stability of government interest on crypto and the need to investors as State or country, that alone will trigger a reversal moment to favor buys who are victims now. But for now is not encouraging

Bitcoin has its bearish season the same way any other investment. 1.4% down is nothing after Bitcoin has reached new all time high earlier than expected.

Even current price is still sitting at 2021's ATH which means if you bought bitcoin before march 2024, you're basically break even or still in profit.

If you hold spot normally, I think you can wait until the next bullish season. Bitcoin is cyclical and we are supposedly already in a bearish.

I don't hear the same complaint about KOSPI dumping 20% and Roundhill Memory ETF dumping 30% yet somehow 1.4% is a problem.

[Warkop]

Everyone who invests in bitcoin should be able to learn from the moments when the four-year cycle comes, seeing the movement in the market with a decrease in the price of bitcoin, it seems there is no need for excessive panic, because the price of bitcoin will not fall too far at the current price, what we should do is buy as much as we can, because a moment like this will not happen again even if we have to wait for the next cycle.

[Outhue]

Today coins news shows that BTC losing percentage weight of 1.4% down while Etherium is 2.8% down, on this data trends has shows several comments where traders and investors complaining how capital has turned lost coins and most investors says the cause of this dramatic change maybe as a result of geopolitical factors and rise of oil prices.

This moment may continue for the next 6 months pending when inflations over prices and stability of government interest on crypto and the need to investors as State or country, that alone will trigger a reversal moment to favor buys who are victims now. But for now is not encouraging

Bitcoin will surely go down, the bottom is almost here but 60k isn't that bottom, we will start seeing people giving up, they will complain and get tired and fed up of the market, this has always been the case with bear market, they will be disappointed and even the perma bulls will have nothing to say, I'm not seeing this happening yet.

To be honest why should one even panic? More down side means better price, better buying opportunity, people who panic have no idea what they are doing, it will be a big opportunity if we see Bitcoin down into the 50s range, this is where I will start buying heavily, for now I am just using small money for DCA, nothing big at all. Don't be afraid, get your fiat or stablecoin ready, big buying opportunity is coming

[Wiwo]

As at the time you created this thread, most cryptocurrency assets where trading on a positive market lines, bitcoin was at $64k+ plus as of yesterday, and this is entirely different from the concept of not encouraging, as used in your thread. You should know how the cryptocurrency market works in the first place; there is never a straight line of action or direction for the chart.

Volatilities always change the face of the market constantly and we should prepare ourselves not to get carried when such price reduction of less than 5% dips happens.

[Somegory]

I don't expect any other reaction than this from a beginner, they freak out when the price of Bitcoin dumps and when there is no hope of fast recovery in sight they start to lose confidence in Bitcoin.

For your own information, this is how big profit is been made by smart investors, OP for your own information you are not a smart investor and you aren't even working on becoming one, it would end well.

You still the change to change your mindset about Bitcoin investment, while the value is going down is when you should be buying and keeping in your wallet, you lost nothing in bitcoin investment even if you start to buy at 70k, three years to this time Bitcoin will be over 70k.

We could be on the way to a new all time high by the time.

[Rockstarguy]

that alone will trigger a reversal moment to favor buys who are victims now. But for now is not encouraging

That is the biggest problem that occurs to Bitcoin users, where when the crypto market is stuck in a long bear market trend, many investors/Bitcoin users themselves panic, they often have excessive hallucinations, Most of us think there is no longer any hope for Bitcoin investment, so they often take steps and risks that are detrimental to themselves.

Remember one thing, situations like this have happened before, in the crypto market, they lost a lot of Bitcoin turnover due to falling Bitcoin prices, at times like this we test our patience in Bitcoin investment, who is patient in the long term, they are the ones who succeed andotherwise.

Some people are fond of complaining about the bear market, and in every bear market, it is very common to see how people have lost hope. However, in this era, I feel people should understand Bitcoin and learn how to be patient and calm during the bear market.

The constant complaints about the bear market have made me realize that many people don’t even know what to do during this time. The goal of the market is to accumulate Bitcoin from time to time, but it seems that when small amounts of Bitcoin are acquired, investors just want a change in the market and for the price of Bitcoin to start skyrocketing. Investing in Bitcoin is all about patience, and if one does not have that, they will lose focus on what to do during the bear market. Throughout last year, we had an incredible movement in the market, and it is expected for the bear market to be at this time.

[laspol65]

Everyone who invests in bitcoin should be able to learn from the moments when the four-year cycle comes, seeing the movement in the market with a decrease in the price of bitcoin, it seems there is no need for excessive panic, because the price of bitcoin will not fall too far at the current price, what we should do is buy as much as we can, because a moment like this will not happen again even if we have to wait for the next cycle.

Yes, I also believe that buying Bitcoin at this time is a good and good idea as the price of Bitcoin has decreased. So it is better to use the right time for the right purpose and use the money properly, those who are deprived of buying Bitcoin at this time will be the most foolish. Because the only opportunity to invest in Bitcoin is to buy Bitcoin now and wait for the next time, among these, there are many investors who invest in Bitcoin and keep it for a long time, they will be better investors and benefit recipients. At present, the market is growing through pumping and dumping, so there is no reason to panic.

[noorman0]

I thought only ChartBuddy had the right to post about small volatility, but apparently we need a dedicated topic for every inch of movement.
Seriously, isn't a bear market never an encourage thing, and it's been going on for months now?

-snip-
investors complaining how capital has turned lost coins

How did that happen? I don't think a bear market is where a lot of coins are "lost."

[Btcdeybodi]

You're correct that ''Crypto moment is not encouraging'' but bitcoin moment is encouraging because while you are lamenting about the fall, some investors have been waiting for this moment in order to start buying bitcoin at a cheap price. Despite the price of bitcoin, there is no loss for anyone who is still holding unless they sell their bitcoins that is when the actual loss can be recorded. People forgot so soon that we have the bear season and the bull season which is what keeps the market in a balanced state. When the price of bitcoin got to $126,000, that was its peak in the last bull season so we should be patient till the end of this bear season which we don't even know what the bottom will be.

[ImGenius]

Today coins news shows that BTC losing percentage weight of 1.4% down while Etherium is 2.8% down, on this data trends has shows several comments where traders and investors complaining how capital has turned lost coins and most investors says the cause of this dramatic change maybe as a result of geopolitical factors and rise of oil prices.

This moment may continue for the next 6 months pending when inflations over prices and stability of government interest on crypto and the need to investors as State or country, that alone will trigger a reversal moment to favor buys who are victims now. But for now is not encouraging

Actually the drops are normal in crypto market. I don't think it's a weakness and it will continue like this for next six months. Those who sell their coin just because of short term bad news will never be able to see the bigger picture. While long term investor focus on fundamentals and review their strategy in time of volatility like this not like those people who sell their coin emotionally. In crypto temporary corrections are common and needed.