Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Metha Wulandarin on July 05, 2024, 04:41:05 PM
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(https://i.ibb.co.com/QYskWq8/IMG-20240705-211828.jpg)
Today we were shocked again by the huge drop of Bitcoin and followed by Ethereum, BNB and Solana a huge transfer of funds and sale of Bitcoin that made Bitcoin plunge directly into the abyss.
(https://i.ibb.co.com/m9DjGRS/IMG-20240705-212913-826.jpg)
Mt Gox moves 47,228 BTC ($2.71 billion dollars) from cold storage to a new wallet.
https://mempool.space/tx/2171d96446f26e86aa09321424d7cc6fd1a06bbcef5a855bf554ea08d42a6217
Whether this will be a new burden for Bitcoin heading into the bullish season remains to be seen as there could be a subsequent decline.
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Whether this will be a new burden for Bitcoin heading into the bullish season remains to be seen as there could be a subsequent decline.
I did not see my funds today and we should better not to be because it will creat a panic and stressful situation for holders. This tip is only for holders because they have to hold the funds for longer period of time and if they will see the market again and again, they will fall prey to market sentiments and become a victim of FUD and FOMO and other sentiments and will plan to sell all of there funds or some.
While that's not right for a holder, because this dump we are seeing is not permanent maret will recover from this point very soon once the all distribution happening from MT gox and selling happening from Germany will come to an end. But till then we have to be patient.
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We have seen the worst even in an unexpected ways, like the FTX collapse that forced the entire market to go on it kneel, and before the recent market breakout, we have to build some confident in the market and also to look out for any possible chance to buy more bitcoin at discounted price.
Let see what goes on with the market in the days ahead but even at that I am not surprised to see this current red market.
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We have seen the worst even in an unexpected ways, like the FTX collapse that forced the entire market to go on it kneel, and before the recent market breakout, we have to build some confident in the market and also to look out for any possible chance to buy more bitcoin at discounted price.
Let see what goes on with the market in the days ahead but even at that I am not surprised to see this current red market.
but its not yet done. it will retest that $53k support line once again in the next few days to weeks. if the selling of those BTC stops we may see a bounce but don't expect too much of it yet.
it would be an opportunity for DCAing actually. i would really be stacking sats if i have the money to pour for this opportunity. wait 2-4 weeks, it will be going up faster than you can buy in the price below $60k. just as what others were saying , this is a manipulated market dip. and i certainly think so too.
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Blood on the streets! Reminds of a meme that I see every time this happens, someone drinking coffee saying 'he's fine' while everything around is burning ;D
I don't check the value of my portfolio unless I want to sell. It's not the time yet that's why I'm still cool despite the red.
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It was quite surprising when the Bitcoin market went into bearish mode so quickly.
Even though the price of Bitcoin has recovered quite well in the last few days, but when some news of Mt.Gox payments were made again this July, the price of Bitcoin suddenly plummeted.
And don't ask whether the portfolio is minus or not, which of course there are many disadvantages.
But as long as it does not sell at a low price, it is still quite safe.
Now just buy it back at a cheaper price if you still have spare money.
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I understand the fear that many of you have, and I understand that you may see this drop as something quite bad but the reality is that its a lot more common than people think it is. I believe that we shouldn't really consider what we have right now as bad because its just some time that happens quite often and we could get a better result from it as well. This isn't really anything that marginal, because people have seen this before and it did not change much. We should consider the fact that this has happened before and we have seen it be better and the results weren't bad. The price drops like this all the time and after a while it starts to go back up. Considering we are right after halving, we may see 100k+ and none of that would be shocking to us, we just need time for that to happen. All of these drops are fine, and its so easy to predict that the price will go up a lot more, we just need to wait and do not be afraid.
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Whether this will be a new burden for Bitcoin heading into the bullish season remains to be seen as there could be a subsequent decline.
Yes, it will be a new burden. It will be a new burden for those users who are tired of seeing the crypto market going down for the last couple of weeks. It will be a burden for those people who bought Bitcoin at the $70,000 and panicking now.
A subsequent decline = a great opportunity for us, isn't it? I mean isn't it better to buy Bitcoin at $55,000 rather than buying it at $70,000? TBH, the price movement of Bitcoin in the last few weeks is a bit surprising for me because I believe that we will be bullish for the rest of the year already, but I was wrong. Even though I'm wrong, I'm not disappointed or panicking whatsoever. I looked at my crypto portfolio yesterday and I was down more than half already. Despite being down half, I feel happy because I have the opportunity to buy more. :)
For those new users out there, don't panic when you see the market declining for quite some time. If you have spare money, use it to buy even more cryptocurrencies. Your welcome. :P.
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We have seen the worst even in an unexpected ways, like the FTX collapse that forced the entire market to go on it kneel, and before the recent market breakout, we have to build some confident in the market and also to look out for any possible chance to buy more bitcoin at discounted price.
Let see what goes on with the market in the days ahead but even at that I am not surprised to see this current red market.
The approval of Bitcoin Spot ETF brought so much attention to the market. There were predictions that the price will keep increasing till next year. The price went up as expected but there was also a need to be careful because there will always be a correction. So like you said I am not also surprised to see the price drop recently because it was already predicted. If I had the money, I would have bought more Bitcoin because this might be one of the lowest prices Bitcoin will be in the next seven months. With the global economy recovering gradually and inflation dropping, we might see so much growth that will make Bitcoin hit a new ATH.
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Many don't like what's happening in the market because it has been so low. But you folks focus always on the dip but not on the gains that has happened to Bitcoin. If you're going to take a look at what has happened for its recovery, it has been up since yesterday.
So, if you always look at the value of your portfolio and portraying disappointment with it, don't look at it when the market crashes.
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Many don't like what's happening in the market because it has been so low. But you folks focus always on the dip but not on the gains that has happened to Bitcoin. If you're going to take a look at what has happened for its recovery, it has been up since yesterday.
So, if you always look at the value of your portfolio and portraying disappointment with it, don't look at it when the market crashes.
Spot on! Bitcoin cannot always remain in green. Red is good for Bitcoin as the next time when it goes green those who took position when it was red would get good profit. Currently that what happened as through the ETFs institutional investors and big investors bought Bitcoin yesterday.
https://cointelegraph.com/news/spot-bitcoin-etfs-record-143m-inflows-july-6
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Many don't like what's happening in the market because it has been so low. But you folks focus always on the dip but not on the gains that has happened to Bitcoin. If you're going to take a look at what has happened for its recovery, it has been up since yesterday.
So, if you always look at the value of your portfolio and portraying disappointment with it, don't look at it when the market crashes.
It's not that if we focus on the decline of Bitcoin it's good that we can buy when Bitcoin experiences a large enough decline as is happening now and sell it when recovery mode occurs.
Everyone must feel disappointed and regret for not selling before Bitcoin goes down but the problem is whether anyone can guess or predict with %100 correct, there is no right, And from yesterday Bitcoin continued to decline from $72k to now $55k there has been no recovery.
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Stop constantly tracking your portfolio. The feeling of losing your assets will be devastating or lead you to make wrong decisions, and Bitcoin always heads upward in the long term.
Bitcoin's downward movement put pressure on the price of most altcoins, and therefore every trading pair is affected by the price of Bitcoin and is not suitable to be part of your asset diversification policy.
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Many don't like what's happening in the market because it has been so low. But you folks focus always on the dip but not on the gains that has happened to Bitcoin. If you're going to take a look at what has happened for its recovery, it has been up since yesterday.
So, if you always look at the value of your portfolio and portraying disappointment with it, don't look at it when the market crashes.
Spot on! Bitcoin cannot always remain in green. Red is good for Bitcoin as the next time when it goes green those who took position when it was red would get good profit. Currently that what happened as through the ETFs institutional investors and big investors bought Bitcoin yesterday.
https://cointelegraph.com/news/spot-bitcoin-etfs-record-143m-inflows-july-6
While it is very painful to check it on the spot when it's dropping but it won't last for a long time there.
Many don't like what's happening in the market because it has been so low. But you folks focus always on the dip but not on the gains that has happened to Bitcoin. If you're going to take a look at what has happened for its recovery, it has been up since yesterday.
So, if you always look at the value of your portfolio and portraying disappointment with it, don't look at it when the market crashes.
It's not that if we focus on the decline of Bitcoin it's good that we can buy when Bitcoin experiences a large enough decline as is happening now and sell it when recovery mode occurs.
Everyone must feel disappointed and regret for not selling before Bitcoin goes down but the problem is whether anyone can guess or predict with %100 correct, there is no right,
You're right that no one can predict when the drop will come 100% and that's why you have to set yourself at what price you'd sell. And whether a drop comes or not, you're already set and you just have to take the profit and enjoy it.
And from yesterday Bitcoin continued to decline from $72k to now $55k there has been no recovery.
From $72k? I don't think so.
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Mt Gox moves 47,228 BTC ($2.71 billion dollars) from cold storage to a new wallet.
Mt Gox are set to begin repayments of lost funds to their creditors this month, and since we have a lot of weak hands in the community, this period may not be the best in terms of the price. So many people are going to make the decision of selling their coins or converting it to stablecoins for sometime.
However, the price can only dump for a short time, it will surely start rising soon, so from the way i see it, a dump is just an opportunity to buy more coins.
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One has to love a thing about this crash analyzing it:
- MtGox moves coins to repay victims (BTC!!!)
- Altcoins crash faster then BTC!
The whole thing is just ridiculous, imagine if in the stock market, the crash of a company like Enron would affect the share price of Konami (in case you don't know it's a Japanese video game maker)
So, can anyone provide a real motive why selling BTC make fetch.ai drop at one point 50% on the month?
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It is my habit to check my funds with my accounts in CEXs and I wish hadn't seen it but it's just the truth in trading. All the speculation and happening could be directly related to your portfolio.
You must have stop losses in place so you won't lose a lot of money when trading but when just HODLing, it's really different. You have to accept those uPnL.
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So, can anyone provide a real motive why selling BTC make fetch.ai drop at one point 50% on the month?
Maybe because everything depends on BTC? Every "disturbance" in the BTC market causes even greater disruptions in altcoins, because many have already learned that they should get rid of alts as quickly as possible when the price of BTC drops.
Spot on! Bitcoin cannot always remain in green. Red is good for Bitcoin as the next time when it goes green those who took position when it was red would get good profit. Currently that what happened as through the ETFs institutional investors and big investors bought Bitcoin yesterday.
What I see is that yesterday's inflow is around 2600 BTC, but on the first of July we had an inflow of 2000 BTC - so there is not necessarily a connection between the drop in the price of BTC and yesterday's results. The last big inflow into spot ETFs was about a month ago (over 20 000 BTC).
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Actually, this is something we usually see from the market, but what surprises us is when we want to see the market continue to be green. In this way, we feel as if this is something new, even though it is not.
I think if we still believe in the increase in bitcoin that will occur, this is one of the moments when we can buy bitcoin again. If we have funds that we have prepared, then we can take advantage of this decline. But still be careful.
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Stop constantly tracking your portfolio. The feeling of losing your assets will be devastating or lead you to make wrong decisions, and Bitcoin always heads upward in the long term.
Bitcoin's downward movement put pressure on the price of most altcoins, and therefore every trading pair is affected by the price of Bitcoin and is not suitable to be part of your asset diversification policy.
That's just the best way to avoid being pressured on your Bitcoin investment because there always an awful feeling someone normally have whenever they see there investment on Bitcoin deprecating seriously and at that moment they will feel bad if they should calculate the amount of money that had already gone against them.
So actually I like what you said because always watching on there investment portfolio can possibly make them to change there mind about holding because no matter how determined somebody is on there holding but the moment they decided to monitor there portfolio it will always affect them psychologically, so actually if the person intentions is for holding they should just focus on that instead of watching there investment.
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situations like this it is better to stay away from wallets and exchanges, it hurts to see a very big minus, I have experienced situations like this in early 2019, and ended happily in 2020 - 2021 and this situation will always be experienced by crypto players so if you believe in more increases it's good to take a break for a while to get a change in the near future
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situations like this it is better to stay away from wallets and exchanges, it hurts to see a very big minus, I have experienced situations like this in early 2019, and ended happily in 2020 - 2021 and this situation will always be experienced by crypto players so if you believe in more increases it's good to take a break for a while to get a change in the near future
Some people don't even know that Blackrock and some other new institutional investors that are buying all this while are waiting for this drop, they ar doing dollar cost average buying all the cheap Bitcoin they can get before they send the price above $100k the next time Bitcoin start another run and when people that refused to buy will join them in the race helping them push the price.
Funny thing about this drop is that I remember when Bitcoin move from $50k to $60k, some were angry that they missed out but see them now, they are the ones reposting images of traders mocking them about how they warned them about Bitcoin and they never listen. They will wail again.
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Mt Gox moves 47,228 BTC ($2.71 billion dollars) from cold storage to a new wallet.
Whether this is coincidental timing or not, fortunately Mt.Gox started making refunds when the bitcoin value was high enough, close to the ATH price.
Welcome and enjoy some OG's bitcoins returning to the market and discounted prices from normal days. I think there will be a lot of big parties eager to buy stack after stack until the discount slowly decreases and we miss out on taking part.
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Well, I am honestly now surprised by the recent declines we've witnessed in the price of bitcoin, which undoubtedly and as always expected, has affected several Altcoins, forcing most of them to lose their value more than 50 percent, it is no surprise at all and I also expect that this should come as a surprise to any crypto og, things like this happen often in crypto, and people like myself who have witnessed this alot of times should already have gotten used to it by now.
Bitcoin will bounce back in due time, and Altcoins will bounce back too, and I assure you all that, we will have our deserved bull run in the coming months not far from now.
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Funny thing about this drop is that I remember when Bitcoin move from $50k to $60k, some were angry that they missed out but see them now, they are the ones reposting images of traders mocking them about how they warned them about Bitcoin and they never listen. They will wail again.
And so it will be :)
When Bitcoin goes down there is a fear of buying it for fear that Bitcoin will continue to decline but when Bitcoin increases they regret missing the opportunity to buy it.
I'm sure there must be others who have experienced this including myself but not in Bitcoin. Lol
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Many don't like what's happening in the market because it has been so low. But you folks focus always on the dip but not on the gains that has happened to Bitcoin. If you're going to take a look at what has happened for its recovery, it has been up since yesterday.
So, if you always look at the value of your portfolio and portraying disappointment with it, don't look at it when the market crashes.
The market value is very low and those who have not sold their Bitcoin at 73k$ are in regret because the current value is 56k$ which is very reduced value but this is not time of panic selling and there is no need to regret for investment but it is the time where we can buy more coins and wait for bull run initiation.
If someone is not happy with such situations and is in doubt then he should keep his investment without thinking about the cost because very soon the situation will become favorable for all of us. The market is not going to reduce forever so be patient and don't lose your money by showing negative response and selling of coins at loss.
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Current situation in the market is not very good as the Bitcoin market price was 61K last week and has decreased much from that to 57K this week. So at this time investors are selling their bitcoins. Because they don't want to take risks. But they should always keep in mind that if they want to get something good, they have to take risks. We all know how profitable it is. So here investors are investing to do good at this time or they are taking risk. However, they should always be careful that they do not panic by getting any wrong information. If they are patient and careful, they will do better next time.
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situations like this it is better to stay away from wallets and exchanges, it hurts to see a very big minus, I have experienced situations like this in early 2019, and ended happily in 2020 - 2021 and this situation will always be experienced by crypto players so if you believe in more increases it's good to take a break for a while to get a change in the near future
You are right. When the market is like today, looking at prices all the time will only drain our energy and make our minds restless.
High price volatility of a crypto asset is normal and is part of market dynamics.
Stay calm, and take a little time to relax to prevent stress because stress can disrupt our investment strategy.
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Mt Gox are set to begin repayments of lost funds to their creditors this month, and since we have a lot of weak hands in the community, this period may not be the best in terms of the price. So many people are going to make the decision of selling their coins or converting it to stablecoins for sometime.
Why would people decide to sell low just to get stablecoins for what to get an entry again at a lower price. How low BTC can go let's say $50k or $45k not lower than that, and I assume most of the people already had buying at $30k and lower than that. Because this time there was more people who accumulated BTC at lower prices. So why would these people be selling their funds now for some extra satoshi? This is not the right move it would be if a person had already done it before the dump.
But now it's just waiting for what we can do and we will see high selling pressure at the rate of $70k because people who kept patience and bear this dump, bought high will sell their assets at $70k. Therefore we will see a correction at $70k as well and this selling will only provide an opportunity for buyers thus more demand will be there increasing the pric of BTC.
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OP, let's go in parts, first without exaggerations, which abyss? I would believe that if we surpass the lowest value this year, which was in the range of +40K... then, yeah.
On the other hand, you are showing the Binance panel, and it is obvious that BNB always appears there, it is not the best comparison, in reality there are no better comparative parameters, other than with the same historical figures of bitcoin, stay calm. 8)
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I'm trying to close my eyes checking the market because i cannot stand seeing how much it dumps but I kept looking in the prices because i wanted to buy more in chance of earning more when the bull market comes .
OP, let's go in parts, first without exaggerations, which abyss? I would believe that if we surpass the lowest value this year, which was in the range of +40K... then, yeah.
but I find it impossible for bitcoin to fall down to 40k again , because this is the halving year and this is the halving bullrun.
On the other hand, you are showing the Binance panel, and it is obvious that BNB always appears there, it is not the best comparison, in reality there are no better comparative parameters, other than with the same historical figures of bitcoin, stay calm. 8)
yups , lets calm and lets wait for the final moment and it seems to be couple of months to go.
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but I find it impossible for bitcoin to fall down to 40k again , because this is the halving year and this is the halving bullrun.
Do not use the word "impossible" when it comes to Bitcoin, because it is extremely volatile and obviously very easily manipulated. Regardless of the fact that the halving has passed, it does not automatically mean that something should happen, and in fact, until now, it has only happened after 6+ months after the halving.
The fact is that there is currently concern on the market about the coins that Mt.Gox will soon start paying out, and about the coins that the German government is currently playing with. In the middle of summer in the northern hemisphere, when people travel and enjoy vacations, it is obvious that the supply is far greater than the demand, so you should not expect a bull run at such times.
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Yes I saw and I don't care about current decline rather I bought more, if further dip comes, I will buy more again as long as I have fund.
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Yes I saw and I don't care about current decline rather I bought more, if further dip comes, I will buy more again as long as I have fund.
Of the many people who comment on this post, only you comment like this and I think that's good, it means that you always prepare funds for Bitcoin conditions like now I also want to be like you but my funds have run out for others but if later there are more funds and Bitcoin is in the same condition maybe I will make a purchase of Bitcoin even though it is not in large quantities.
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OP, let's go in parts, first without exaggerations, which abyss? I would believe that if we surpass the lowest value this year, which was in the range of +40K... then, yeah.
but I find it impossible for bitcoin to fall down to 40k again , because this is the halving year and this is the halving bullrun.
Even me I find it impossible to expect the Bitcoin price to drop to $40k, actually is an imagination that would likely not going to come true, though I'm surprised that so many people believe that Bitcoin price will drop to that amount knowing fully well that the price is even finding it difficult to even hit $54k let alone dropping to $40k is actually not going to be possible.
So actually if I'm to be in the shoe of those investors that set there buying Orders at the range of $40k I would actually remove it because in as much as Bitcoin price is not stable doesn't really mean that it could possibly fall to that level, so perhaps to avoid missing buying opportunities the best way is either to bring the Order a bit up or continue buying at the normal price because so many people have missed a good opportunity because of waiting.
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I am not surprised to see this happening so soon because when you follow the historical data you would see that this month is actually a bear month were investors should be extremely careful to venture into the market to make investment.
From what I observed within the market, this month isn't a favorable Month for bitcoin to bull hence, Fri next month we could start experience some slight change in the market where the main bull run could start from ending of next month.
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Even me I find it impossible to expect the Bitcoin price to drop to $40k, actually is an imagination that would likely not going to come true, though I'm surprised that so many people believe that Bitcoin price will drop to that amount knowing fully well that the price is even finding it difficult to even hit $54k let alone dropping to $40k is actually not going to be possible.
So actually if I'm to be in the shoe of those investors that set there buying Orders at the range of $40k I would actually remove it because in as much as Bitcoin price is not stable doesn't really mean that it could possibly fall to that level, so perhaps to avoid missing buying opportunities the best way is either to bring the Order a bit up or continue buying at the normal price because so many people have missed a good opportunity because of waiting.
In fact, it is critical thinking to say: today is a good day to buy bitcoin, that is the approach, waiting for certain prices to buy in Dip is already a trader's strategy, so for those who have just arrived or are not interested to trading , your words are the best vision of what to do.
Now, with bitcoin it's always good to think "it can happen!" When you have seen an asset fall 80% and then recover, that tells you that in fact those possibilities are always in force. Although, the +50k range is undoubtedly strong.
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Yes I saw and I don't care about current decline rather I bought more, if further dip comes, I will buy more again as long as I have fund.
Good, that's the right decision, I'm sure you will get a big profit and be proud of yourself for making the right decision.
If you have a large profit later, don't forget to take a minimum profit from the capital you spend because it can make you feel calmer and relaxed about the upcoming price changes.
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Today we were shocked again by the huge drop of Bitcoin and followed by Ethereum, BNB and Solana a huge transfer of funds and sale of Bitcoin that made Bitcoin plunge directly into the abyss.
The past few days, especially July 5, have become very tense and worrying. the market really dropped, the price of Bitcoin really dropped and in the end most of the altcoins, especially the top coins that became real followers, they also dropped very drastically too. And even today, market conditions are not that good. Yes, it's just that it has increased quite a bit, but it's still not that significant.
But at least Ethereum has been able to rise above $3k again, after previously falling below that. And for Solana, this can be said to be a top coin that is quite likely to come back again. Compared to other top coins such as BNB and ETH, Solana's market condition in the last 7 days has not been able to return to its original level, and even the drop condition is still quite high.
Source:
https://coinmarketcap.com/
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Yes I saw and I don't care about current decline rather I bought more, if further dip comes, I will buy more again as long as I have fund.
Good, that's the right decision, I'm sure you will get a big profit and be proud of yourself for making the right decision.
If you have a large profit later, don't forget to take a minimum profit from the capital you spend because it can make you feel calmer and relaxed about the upcoming price changes.
I have kinda high hopes from the coin purchased (that might sound generic, but I really do have high hopes), so i'm gonna ride all the way for at least a year without taking a single penny out (because I'm expecting market peak between mid-eof next year).
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Yes I saw and I don't care about current decline rather I bought more, if further dip comes, I will buy more again as long as I have fund.
Good, that's the right decision, I'm sure you will get a big profit and be proud of yourself for making the right decision.
If you have a large profit later, don't forget to take a minimum profit from the capital you spend because it can make you feel calmer and relaxed about the upcoming price changes.
I have kinda high hopes from the coin purchased (that might sound generic, but I really do have high hopes), so i'm gonna ride all the way for at least a year without taking a single penny out (because I'm expecting market peak between mid-eof next year).
Before the Altcoin party started there was a possibility of a big decline from Bitcoin I thought last night Bitcoin would pass the price of $59k it turns out not if last night Bitcoin was able to pass the price of $59k there was a big possibility of a continued increase but Bitcoin has not been able to pass it and now instead Bitcoin I think Bitcoin will experience a decline to below $50k.
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Yes I saw and I don't care about current decline rather I bought more, if further dip comes, I will buy more again as long as I have fund.
Good, that's the right decision, I'm sure you will get a big profit and be proud of yourself for making the right decision.
If you have a large profit later, don't forget to take a minimum profit from the capital you spend because it can make you feel calmer and relaxed about the upcoming price changes.
That can be done, we can withdraw the money that is our capital at the beginning when there is an increase, and we can hold the rest for a long time. We don't have to take profits, at least we secure our capital first and what we hold is purely profit.
Usually I do this when I invest in a new project, but this can also be applied to our bitcoin investments. But it will be our decision whether to do this or not.
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I'm trying to close my eyes checking the market because i cannot stand seeing how much it dumps but I kept looking in the prices because i wanted to buy more in chance of earning more when the bull market comes .
OP, let's go in parts, first without exaggerations, which abyss? I would believe that if we surpass the lowest value this year, which was in the range of +40K... then, yeah.
but I find it impossible for bitcoin to fall down to 40k again , because this is the halving year and this is the halving bullrun.
On the other hand, you are showing the Binance panel, and it is obvious that BNB always appears there, it is not the best comparison, in reality there are no better comparative parameters, other than with the same historical figures of bitcoin, stay calm. 8)
yups , lets calm and lets wait for the final moment and it seems to be couple of months to go.
- For me, there is no problem even if the price value of Bitcoin declines at the moment; as long as I have the purchase of altcoins that really have future potential, I will accumulate for sure. Because nothing else is important to me but what I can accumulate by holding potential cryptocurrencies.
So that I don't have a zero balance on the day of the bull run and there is a profit to be made, my effort to accumulate cryptocurrencies that are top-listed in the market will be meaningful.
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- For me, there is no problem even if the price value of Bitcoin declines at the moment; as long as I have the purchase of altcoins that really have future potential, I will accumulate for sure. Because nothing else is important to me but what I can accumulate by holding potential cryptocurrencies.
So that I don't have a zero balance on the day of the bull run and there is a profit to be made, my effort to accumulate cryptocurrencies that are top-listed in the market will be meaningful.
The issue is bitcoin, at least thinking that you hold more than 50% in bitcoin in your cryptofolio, today it is difficult to get a "ticket" (any Alts) in that proportion, that is, that compensate for the "losses" you suffer if bitcoin eventually falls in price,ok, we already know that it recovers, but balancing that with alts is not so easy, well, unless your cryptofolio does not give relevance to bitcoin.
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Yes I saw and I don't care about current decline rather I bought more, if further dip comes, I will buy more again as long as I have fund.
Good, that's the right decision, I'm sure you will get a big profit and be proud of yourself for making the right decision.
If you have a large profit later, don't forget to take a minimum profit from the capital you spend because it can make you feel calmer and relaxed about the upcoming price changes.
That can be done, we can withdraw the money that is our capital at the beginning when there is an increase, and we can hold the rest for a long time. We don't have to take profits, at least we secure our capital first and what we hold is purely profit.
Usually I do this when I invest in a new project, but this can also be applied to our bitcoin investments. But it will be our decision whether to do this or not.
I was once told by my senior he said this way collect Bitcoin when Bitcoin has decreased and save USDT when Bitcoin has increased after I thought it was right too and this became new knowledge and now it is still time to collect Bitcoin and other coins that have the potential to follow the direction of Bitcoin.
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(https://i.ibb.co.com/QYskWq8/IMG-20240705-211828.jpg)
Today we were shocked again by the huge drop of Bitcoin and followed by Ethereum, BNB and Solana a huge transfer of funds and sale of Bitcoin that made Bitcoin plunge directly into the abyss.
Actually am not shocked mate because week ago we are expecting this dumping to happen so maybe many of us aren't aware but like me?
have expected this already.
(https://i.ibb.co.com/m9DjGRS/IMG-20240705-212913-826.jpg)
Mt Gox moves 47,228 BTC ($2.71 billion dollars) from cold storage to a new wallet.
https://mempool.space/tx/2171d96446f26e86aa09321424d7cc6fd1a06bbcef5a855bf554ea08d42a6217
and this is the main reason aside from the German Government disposing their Bitcoins that also have a huge effect in the market.
Whether this will be a new burden for Bitcoin heading into the bullish season remains to be seen as there could be a subsequent decline.
don't worry mate we are near 60k once more now https://coinmarketcap.com/ so afraid nothing .
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That can be done, we can withdraw the money that is our capital at the beginning when there is an increase, and we can hold the rest for a long time. We don't have to take profits, at least we secure our capital first and what we hold is purely profit.
Usually I do this when I invest in a new project, but this can also be applied to our bitcoin investments. But it will be our decision whether to do this or not.
I was once told by my senior he said this way collect Bitcoin when Bitcoin has decreased and save USDT when Bitcoin has increased after I thought it was right too and this became new knowledge and now it is still time to collect Bitcoin and other coins that have the potential to follow the direction of Bitcoin.
You should be grateful to someone who told you about this, because it is the words that play an important role and finally you can realize the things we can or should do in times of downs and ups.
During a downturn, some people are afraid to buy, even though it is an opportunity for us to buy. We should not follow the fears experienced by other people. Because we definitely have our own analysis, especially with the provisions that your senior said.
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That can be done, we can withdraw the money that is our capital at the beginning when there is an increase, and we can hold the rest for a long time. We don't have to take profits, at least we secure our capital first and what we hold is purely profit.
Usually I do this when I invest in a new project, but this can also be applied to our bitcoin investments. But it will be our decision whether to do this or not.
I was once told by my senior he said this way collect Bitcoin when Bitcoin has decreased and save USDT when Bitcoin has increased after I thought it was right too and this became new knowledge and now it is still time to collect Bitcoin and other coins that have the potential to follow the direction of Bitcoin.
You should be grateful to someone who told you about this, because it is the words that play an important role and finally you can realize the things we can or should do in times of downs and ups.
During a downturn, some people are afraid to buy, even though it is an opportunity for us to buy. We should not follow the fears experienced by other people. Because we definitely have our own analysis, especially with the provisions that your senior said.
It's true that in the past I was also afraid of buying when it was going down, afraid that it would go down further and have no value, but over the years and continuing to learn until now I understand when the market is going down if you have the funds. , it is recommended to increase the pf, and if the market is going up and we get a profit from the target we made, release it into USDT, and if it goes up, don't ever regret releasing what we have because it is possible that our luck is only at that price.
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Blood on the streets! Reminds of a meme that I see every time this happens, someone drinking coffee saying 'he's fine' while everything around is burning ;D
I don't check the value of my portfolio unless I want to sell. It's not the time yet that's why I'm still cool despite the red.
Yeah it only gives stress when we always check our portfolio especially during red days. It is I think the best to atleast forget it all and then come back when it's all green. I personally do check my wallet before but now I just check it only when I need to withdraw same as you did.
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Blood on the streets! Reminds of a meme that I see every time this happens, someone drinking coffee saying 'he's fine' while everything around is burning ;D
I don't check the value of my portfolio unless I want to sell. It's not the time yet that's why I'm still cool despite the red.
Yeah it only gives stress when we always check our portfolio especially during red days. It is I think the best to atleast forget it all and then come back when it's all green. I personally do check my wallet before but now I just check it only when I need to withdraw same as you did.
When the price graph on the exchange looks red then it should be the right time to buy again. Never be influenced to sell our assets when market conditions are red, wait until the price goes up again as we saw, the collapse of Bitcoin prices in the last few days after Germany sold all the Bitcoin assets they owned, ultimately impacting the prices of other coins and making the market bleed.
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That can be done, we can withdraw the money that is our capital at the beginning when there is an increase, and we can hold the rest for a long time. We don't have to take profits, at least we secure our capital first and what we hold is purely profit.
Usually I do this when I invest in a new project, but this can also be applied to our bitcoin investments. But it will be our decision whether to do this or not.
I was once told by my senior he said this way collect Bitcoin when Bitcoin has decreased and save USDT when Bitcoin has increased after I thought it was right too and this became new knowledge and now it is still time to collect Bitcoin and other coins that have the potential to follow the direction of Bitcoin.
You should be grateful to someone who told you about this, because it is the words that play an important role and finally you can realize the things we can or should do in times of downs and ups.
During a downturn, some people are afraid to buy, even though it is an opportunity for us to buy. We should not follow the fears experienced by other people. Because we definitely have our own analysis, especially with the provisions that your senior said.
But unfortunately every time Bitcoin goes down I always don't have FIAT funds I am now focusing on collecting coins from airdrops even though the estimated price is not much but maybe when the Altcoin season comes the price can go up just think of this as savings to sell when the Altcoin season starts.
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Bitcoin (BTC) When we think about funds, it is important to keep an eye on Bitcoin. Bitcoin is creating a stir in the world. Be it an experienced trader or a new investor, everyone considers Bitcoin important. Bitcoin is considered to have its main role in cryptocurrency. In recent times, Bitcoin has been full of ups and downs. It is important for us to check our crypto funds and stay informed about the latest developments. Because Bitcoin is a peer-to-peer network operated by blockchain technology, which provides a level of security and transparency. By keeping an eye on Bitcoin prices, we can analyze market trends and manage our portfolio and by the coming time 2025 we will be able to make our funds special.
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You should be grateful to someone who told you about this, because it is the words that play an important role and finally you can realize the things we can or should do in times of downs and ups.
During a downturn, some people are afraid to buy, even though it is an opportunity for us to buy. We should not follow the fears experienced by other people. Because we definitely have our own analysis, especially with the provisions that your senior said.
It's true that in the past I was also afraid of buying when it was going down, afraid that it would go down further and have no value, but over the years and continuing to learn until now I understand when the market is going down if you have the funds. , it is recommended to increase the pf, and if the market is going up and we get a profit from the target we made, release it into USDT, and if it goes up, don't ever regret releasing what we have because it is possible that our luck is only at that price.
Actually, you are not wrong when you predict that prices will fall again, because on several occasions we have also found the same thing. That's why we are advised to do DCA because with DCA when the decline continues we can buy again.
Like some time ago, when the price was at 20k, many people made purchases, but the price fell again and reached 15k. But there we don't panic but instead we seize the moment to buy again.
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When the price graph on the exchange looks red then it should be the right time to buy again. Never be influenced to sell our assets when market conditions are red, wait until the price goes up again as we saw, the collapse of Bitcoin prices in the last few days after Germany sold all the Bitcoin assets they owned, ultimately impacting the prices of other coins and making the market bleed.
I rarely monitor my portfolio during market re-accumulation periods like this: even though the volatility is positive or negative, I have no plans to sell them, I will continue to DCA BTC & ALTS to make a profit in the bullrun. Mt.Gox and the German government may be very scary for the market but they are not the reason for me to give up the potential tokens in my account.
Traders should have a plan to handle their accounts carefully to preserve capital, while holders just need to identify assets that are really valuable to accumulate until the bullrun. I am a holder so I think I can be lazy for a while and focus on my outside work to earn money to buy crypto ^^
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Bitcoin (BTC) When we think about funds, it is important to keep an eye on Bitcoin. Bitcoin is creating a stir in the world. Be it an experienced trader or a new investor, everyone considers Bitcoin important. Bitcoin is considered to have its main role in cryptocurrency. In recent times, Bitcoin has been full of ups and downs. It is important for us to check our crypto funds and stay informed about the latest developments. Because Bitcoin is a peer-to-peer network operated by blockchain technology, which provides a level of security and transparency. By keeping an eye on Bitcoin prices, we can analyze market trends and manage our portfolio and by the coming time 2025 we will be able to make our funds special.
Yes, you are absolutely right, that way we can plan for the future, especially in 2025, we must move quickly to get the maximum profit when the Altcoin season starts, be careful in making decisions and always do independent research or can be assisted by existing facilities such as CMC or CoinGecko or for those who can already use the Tradingview application, you can use this application too.
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Red is the symbol of confidence for the crypto market, TBH we need to ignore the color these days and focus on the accumulation of the Bitcoin, rather than following every hour and heading towards depression a good and wise solution is to have some rest cut off from market focus on mental and physical health.
A short view can't help you in any way. In my case, these days I'm on a short leave, playing pubg more and more haha killing bots is a good idea compared to killing dreams by analyzing the market.
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Blood on the streets! Reminds of a meme that I see every time this happens, someone drinking coffee saying 'he's fine' while everything around is burning ;D
I don't check the value of my portfolio unless I want to sell. It's not the time yet that's why I'm still cool despite the red.
Yeah it only gives stress when we always check our portfolio especially during red days. It is I think the best to atleast forget it all and then come back when it's all green. I personally do check my wallet before but now I just check it only when I need to withdraw same as you did.
My own case is different from you both. I check my portfolio all day to know when the opportunity to buy additional bitcoin or altcoins has been made open since I am not interested in selling yet till 2025 when the market will be bullish.
I feel happy each time I find out that my invested bitcoin and altcoins have decreased in price. You know why I feel that way because the opportunity to buy additional bitcoin and altcoins has made open to buy and hodl till next year.
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You should be grateful to someone who told you about this, because it is the words that play an important role and finally you can realize the things we can or should do in times of downs and ups.
During a downturn, some people are afraid to buy, even though it is an opportunity for us to buy. We should not follow the fears experienced by other people. Because we definitely have our own analysis, especially with the provisions that your senior said.
It's true that in the past I was also afraid of buying when it was going down, afraid that it would go down further and have no value, but over the years and continuing to learn until now I understand when the market is going down if you have the funds. , it is recommended to increase the pf, and if the market is going up and we get a profit from the target we made, release it into USDT, and if it goes up, don't ever regret releasing what we have because it is possible that our luck is only at that price.
Actually, you are not wrong when you predict that prices will fall again, because on several occasions we have also found the same thing. That's why we are advised to do DCA because with DCA when the decline continues we can buy again.
Like some time ago, when the price was at 20k, many people made purchases, but the price fell again and reached 15k. But there we don't panic but instead we seize the moment to buy again.
, coz , before I didn't understand the performance of BTC, if there was a decline there would definitely be a rise again, I used to think that if it fell it would be zero, even if it rose it wouldn't be big, only 0.x% and it would take a long time, it turns out that behind the decline there would be an achievement of the highest value new and this applies to every session even for 4 years but for profits there is no doubt that BTC is the best
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I check my portfolio all day to know when the opportunity to buy additional bitcoin or altcoins has been made open since I am not interested in selling yet till 2025 when the market will be bullish.
IMO, if there is significant dump, news will be all around about the dump and you'll automatically become aware of buying opportunity.
At least that's how it works for me, I rarely check market without reason but whenever there is huge upward/downward moment, telegram/twiter gets filled with it's discussions — and then I check market and make decisions accordingly.
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I know that the market is bearish, and I haven't looked at my BTC balance the last few weeks... I really don't like this bad news... considering my assumption that there will be a bull market in the near future, it seems to make me a little doubtful that the bullish moment seems to have to be postponed.... so instead of having to be sad about the fate of our portfolio, it's better for us to ignore it so that our emotions are not affected by the FUD that is happening... remember, that for every bearish moment there will be a bounce... so stay optimistic at this moment the reflection occurs, then I will check my balance again.
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We know why is there the current dump (Germans selling, mtgox repaying), although we are up today — often knowing the cause makes you less worried, history shows where we are headed, so calm down and enjoy the ride.
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We know why is there the current dump (Germans selling, mtgox repaying), although we are up today — often knowing the cause makes you less worried, history shows where we are headed, so calm down and enjoy the ride.
Knowing the reasons can make us less worried but ignoring it and focusing on our strategy will makes us worry way lesser.
We've seen the market going down a few weeks ago, and TBH, I didn't know the reason, and I completely ignore why it happened. I'm just focusing on what I'm doing which is to continue accumulating.
Anyway, I agree with what you said that as investors we need to calm down, don't make impulsive decisions and enjoy what's happening with the market. If you have spare money, continue accumulating. We are seeing a gradual increase in the price of Bitcoin (currently at $64,000), and who knows, this might be the start of the bull run that we are waiting already. :D
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Actually, you are not wrong when you predict that prices will fall again, because on several occasions we have also found the same thing. That's why we are advised to do DCA because with DCA when the decline continues we can buy again.
Like some time ago, when the price was at 20k, many people made purchases, but the price fell again and reached 15k. But there we don't panic but instead we seize the moment to buy again.
, coz , before I didn't understand the performance of BTC, if there was a decline there would definitely be a rise again, I used to think that if it fell it would be zero, even if it rose it wouldn't be big, only 0.x% and it would take a long time, it turns out that behind the decline there would be an achievement of the highest value new and this applies to every session even for 4 years but for profits there is no doubt that BTC is the best
When you first got to know Bitcoin, it was something natural. I think everyone will have experienced the same thing, having negative thoughts about Bitcoin and panicking when holding it but at the same time experiencing a decline.
However, over time we understand more about how Bitcoin moves, and that makes us more calm when holding it but there is a decline. Even now we will try to take the opportunity to increase our assets.
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When you first got to know Bitcoin, it was something natural. I think everyone will have experienced the same thing, having negative thoughts about Bitcoin and panicking when holding it but at the same time experiencing a decline.
However, over time we understand more about how Bitcoin moves, and that makes us more calm when holding it but there is a decline. Even now we will try to take the opportunity to increase our assets.
Indeed, at first I had trust issues on bitcoin network, and was scared of the price movements if it approaches any decline. As a newbie I was influenced and affected by my emotions to make decisions out of fear of decline, but not until I came to understanding of the concept of demand and supply, and considering the scarcity in the market, then I realized how many more halvings are there to be experienced, and that butcoin is getting more scarce. That was when I stopped having those fears when experiencing any dump or sideways trend. Knowledge is power, if you have any newbie who is still having those fear, just give them time and if possible tell them to make more research on Bitcoin, you'll be surprised who strong they'll grow after making intensive research.
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(https://i.ibb.co.com/QYskWq8/IMG-20240705-211828.jpg)
Today we were shocked again by the huge drop of Bitcoin
What about now? are younot shocked about the hype of bitcoin price together with altcoins?
this shows how high Bitcoin increase from that last week that you created this thread lol.
sometimes people are just looking and creating thread when there is dumping but not extending their efforts when the growth happened.
Yeah just these past 2 days that I only check my folio because of the sudden fall recently .
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for now I haven't seen my funds but I will continue to hold and in conditions like we have to remain relaxed, don't panic, because panic will make us regret in the future what we do now... so the point now is for everyone who holds BTC, they definitely each has its own strategy and even has the best plan for the future in managing its assets.
I'm sure BTC will continue to rise even though it is currently experiencing a decline and in the future BTC will change many people in this world.
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Have you guys seen your crypto funds today
Actually it is not considered appropriate to check your funds again and again because it increases the heartbeat. We should maintain our confidence in the market. In such a situation, it is advisable to stay under the advice of a good trader. Keep your faith in the cryptocurrency market for a long time.
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Red is the symbol of confidence for the crypto market, TBH we need to ignore the color these days and focus on the accumulation of the Bitcoin, rather than following every hour and heading towards depression a good and wise solution is to have some rest cut off from market focus on mental and physical health.
That's pretty good advice neatly now the market has started to improve and many coins have experienced a recovery even though not completely, for those who have made purchases when Bitcoin has decreased now is the right time to sell it.
A short view can't help you in any way. In my case, these days I'm on a short leave, playing pubg more and more haha killing bots is a good idea compared to killing dreams by analyzing the market.
I don't really like playing games like PUBG, it's better for me to play games on telegram which has the potential for important Airdrops to distract me from Bitcoin.
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Indeed, at first I had trust issues on bitcoin network, and was scared of the price movements if it approaches any decline. As a newbie I was influenced and affected by my emotions to make decisions out of fear of decline, but not until I came to understanding of the concept of demand and supply, and considering the scarcity in the market, then I realized how many more halvings are there to be experienced, and that butcoin is getting more scarce. That was when I stopped having those fears when experiencing any dump or sideways trend. Knowledge is power, if you have any newbie who is still having those fear, just give them time and if possible tell them to make more research on Bitcoin, you'll be surprised who strong they'll grow after making intensive research.
Majority of people also had the experience about Bitcoin during there early days in Bitcoin investmen, including me when I started investing in Bitcoin I never had much knowledge about it and I was thinking that immediately you invested the market will start rising, so when I invested I began to realize that my perception on Bitcoin investment was completely different from what I was seeing, so it was from there I learned and understand Bitcoin investment very well, though during that time I use to get emotional whenever I see the market moving against my direction.
However I realized that one of the reasons why most beginners get scared at first is because they don't really understand the dynamics behind demand and supply because those are the mystery behind the price movement.
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We know why is there the current dump (Germans selling, mtgox repaying), although we are up today — often knowing the cause makes you less worried, history shows where we are headed, so calm down and enjoy the ride.
The Germans selling their coins took a really big hit on the price of BTC, but now that all of that is over, BTC price has started rising again, and i think it will continue in that way until Mt. Gox actually starts reimbursing their creditors whom they owe money. Weak hands will always be worried about the price of BTC, but those who understand the network well enough will know that certain dumps is only temporary.
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I don't really like playing games like PUBG, it's better for me to play games on telegram which has the potential for important Airdrops to distract me from Bitcoin.
Clicking screen is not fun, is it? Ok, allurement of money may keep you motivated, but I would still not call it fun.
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As of now, I don't have holdings of btc because of emergency that I have to pay (medical) not long ago but if I still have then I won't be looking at it many times and would only check how much value it drops before leaving it and wait before the price increase again. If a newbie doesn't know about crypto much then they would surely get scared or even panic when they will see the price changes so, it's better that newbies shouldn't look at their assets for now.
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As of now, I don't have holdings of btc because of emergency that I have to pay (medical) not long ago but if I still have then I won't be looking at it many times and would only check how much value it drops before leaving it and wait before the price increase again. If a newbie doesn't know about crypto much then they would surely get scared or even panic when they will see the price changes so, it's better that newbies shouldn't look at their assets for now.
Newbies should choose to hold for the long term, this is safer for them. Because it is not affected by fluctuating changes in market prices.
I also hold long term even though I also do daily trading because I need daily profits.
Actually, when investing in crypto, we have to understand the character of the coins we buy, if we choose to trade, but if we hold for the long term it is recommended to choose bitcoin and ethereum, they are safer.
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As of now, I don't have holdings of btc because of emergency that I have to pay (medical) not long ago
Sorry to hear that friend, i hope you are fine now?
If a newbie doesn't know about crypto much then they would surely get scared or even panic when they will see the price changes so, it's better that newbies shouldn't look at their assets for now.
I agree, people who are new to the network tend to be weak hands, and they sell immediately there is a price correction or any kind of fud. However, when they learn more about bitcoin, they would know how its price moves and they will understand that BTC is a long term project and when you buy it you have to ignore fud.
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When you first got to know Bitcoin, it was something natural. I think everyone will have experienced the same thing, having negative thoughts about Bitcoin and panicking when holding it but at the same time experiencing a decline.
However, over time we understand more about how Bitcoin moves, and that makes us more calm when holding it but there is a decline. Even now we will try to take the opportunity to increase our assets.
Indeed, at first I had trust issues on bitcoin network, and was scared of the price movements if it approaches any decline. As a newbie I was influenced and affected by my emotions to make decisions out of fear of decline, but not until I came to understanding of the concept of demand and supply, and considering the scarcity in the market, then I realized how many more halvings are there to be experienced, and that butcoin is getting more scarce. That was when I stopped having those fears when experiencing any dump or sideways trend. Knowledge is power, if you have any newbie who is still having those fear, just give them time and if possible tell them to make more research on Bitcoin, you'll be surprised who strong they'll grow after making intensive research.
We will gain this knowledge over time, as long as we are willing to continue learning and learning without giving up. Someone who can ultimately be successful from bitcoin is those who do not give up and continue to deepen their knowledge.
Without us realizing it, many people here were initially beginners who didn't know anything about Bitcoin. However, as time goes by, we increasingly know what Bitcoin is and what benefits we will get here.
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Yeah mate, it takes determination to learn without giving up. Even with cryptocurrency investment which may seem really easy to you, there are persons who still battle with the thought of continuing or giving up along the way due to the loses that they've encountered. This is the more reason why knowledge is very important in the life of every newbie or Bitcoin enthusiasts. Those who go for concrete knowledge by making research are like to make the right decision in terms of coin investment, but there are newbie out there who prefer to rely on someone else's prediction and analysis to make their investment.
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Yeah mate, it takes determination to learn without giving up. Even with cryptocurrency investment which may seem really easy to you, there are persons who still battle with the thought of continuing or giving up along the way due to the loses that they've encountered. This is the more reason why knowledge is very important in the life of every newbie or Bitcoin enthusiasts. Those who go for concrete knowledge by making research are like to make the right decision in terms of coin investment, but there are newbie out there who prefer to rely on someone else's prediction and analysis to make their investment.
Today Bitcoin is a little unstable it seems like there is a movement from mtGox that makes Bitcoin experience a slight decline, currently it is not very good to hold coins or trade unless you have a lot of usdt inventory.
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Today Bitcoin is a little unstable it seems like there is a movement from mtGox that makes Bitcoin experience a slight decline, currently it is not very good to hold coins or trade unless you have a lot of usdt inventory.
Yes as we know market must not remain stable and always move to uptrend at all times most of the time we may like experience kind of declined in the market but what makes us a smart trader or investors is the ability for us to utilize the changes that occurs in the market at all time. The German government dumping thousands of bitcoin is also an attributes to market manipulation.
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Today Bitcoin is a little unstable it seems like there is a movement from mtGox that makes Bitcoin experience a slight decline, currently it is not very good to hold coins or trade unless you have a lot of usdt inventory.
Yes as we know market must not remain stable and always move to uptrend at all times most of the time we may like experience kind of declined in the market but what makes us a smart trader or investors is the ability for us to utilize the changes that occurs in the market at all time. The German government dumping thousands of bitcoin is also an attributes to market manipulation.
We all know that manipulation will always occur in the crypto market and we as investors must be able to take advantage of that. We must always follow market developments and read the news circulating, this is for those who like short and medium term investments. but for those who like to hold for the long term, all that is not necessary.
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Today Bitcoin is a little unstable it seems like there is a movement from mtGox that makes Bitcoin experience a slight decline, currently it is not very good to hold coins or trade unless you have a lot of usdt inventory.
It's normal to experience movement like this, we cannot expect the price to have a smooth upward trend all the time, there are times where the price would go sideways or even dump. But the most important thing is that you keep holding no matter what, until you have met your target. Bitcoin is a reputable project and we are currently anticipating a bull which means whatever happens now should not disseminate fear of dump but rather this could be seen and a little dip to buy in your DCA. With DCA there is no time or season for buying or selling, so one can still make his accumulation irrespective of the trend.
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If I talk about mine my answer is no I can't see my crypto asset more than 5days because currently our dict*ator ruler of our country is turning off whole country internet connection for silence the agitators. And today there was some specific isp line which have the net. So for me this is an disaster situation and as well as the others peoples of my country.
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Investor is the ability for us to utilize the changes that occurs in the market at all time. The German government dumping thousands of bitcoin is also an attributes to market manipulation.
An important point you make is that it is normal for the market to rise. Keeping an eye on these ups and downs, we need to note an important aspect because at this time, if we can do something with good trading ideas and explore the ups and downs of the market, then it is a good time for us. Even when the German government dumped thousands of bitcoins, many well-informed traders profited from a good trade signal. It is natural that market volatility will come and go and it should be exploited. If you can use it, you can get something good from here
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Investor is the ability for us to utilize the changes that occurs in the market at all time. The German government dumping thousands of bitcoin is also an attributes to market manipulation.
An important point you make is that it is normal for the market to rise. Keeping an eye on these ups and downs, we need to note an important aspect because at this time, if we can do something with good trading ideas and explore the ups and downs of the market, then it is a good time for us. Even when the German government dumped thousands of bitcoins, many well-informed traders profited from a good trade signal. It is natural that market volatility will come and go and it should be exploited. If you can use it, you can get something good from here
I agree dude, we have to take advantage of market volatility to make a profit. A professional trader can read market movements and gain profits by making entries and exits at the right time. This is a difficult thing to do because it requires experience and expertise. To become a professional trader takes a long time, because it requires expertise and predictions that are close to accurate.
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I agree dude, we have to take advantage of market volatility to make a profit. A professional trader can read market movements and gain profits by making entries and exits at the right time. This is a difficult thing to do because it requires experience and expertise. To become a professional trader takes a long time, because it requires expertise and predictions that are close to accurate.
Yeah, you're correct though but that is what make trading more risky than holding your coins for long term. Though the profits are good when you make a valid research and buy a true potential project else you'll run at loss. Even experts do make mistakes and paraventure fall into losses. Bitcoin is good for both long and short term investment but the longer your Investment term is, the more relaxed and less risky your Investment would be. For a guy with lots of activities going on on real life, we might probably consider going for long term than having our eyes fixed on the market for dips and pumps.
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Once we have created our market orders for sell or buy, we don't have to worry ourselves too much on navigating through the chart, once the order placed had been reached, the sell will be confirmed and we can save ourself of every unnecessary headache on checking through the market or wallet portfolio each time, also, if the the market falls, it will certainly rises if we hold for that time to come.
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People are calling Bitcoin at $55K and Ethereum at $3k an abyss, folks I have nothing left to say if that's what you think.
A few years ago, people were excited for Bitcoin and Ethereum entering these prices. Let's not act like that this is it for them and they aren't ever going to go up again, because time and time again, the heavyweights of crypto always show their strength in the market
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I agree dude, we have to take advantage of market volatility to make a profit. A professional trader can read market movements and gain profits by making entries and exits at the right time. This is a difficult thing to do because it requires experience and expertise. To become a professional trader takes a long time, because it requires expertise and predictions that are close to accurate.
Yeah, you're correct though but that is what make trading more risky than holding your coins for long term. Though the profits are good when you make a valid research and buy a true potential project else you'll run at loss. Even experts do make mistakes and paraventure fall into losses. Bitcoin is good for both long and short term investment but the longer your Investment term is, the more relaxed and less risky your Investment would be. For a guy with lots of activities going on on real life, we might probably consider going for long term than having our eyes fixed on the market for dips and pumps.
Trading is indeed more risky than hold for the long term, but by taking that risk and trying to learn to be a trader we can get experience and knowledge about trading, of course we need the idea of becoming a professional trader. Many experiences that we can get in trading, because we cannot always win and make a profit. Sometimes we will suffer defeat.
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Trading is indeed more risky than hold for the long term, but by taking that risk and trying to learn to be a trader we can get experience and knowledge about trading, of course we need the idea of becoming a professional trader. Many experiences that we can get in trading, because we cannot always win and make a profit. Sometimes we will suffer defeat.
Well, I agree with you that failure is also part of our life experiences and that is one of the reasons we become stronger and experienced in handling same issues, no one was born perfect so mistakes are bound to happen at first and if you are smart enough, you'll learn and make adjustments but most newbiesneglectthe learning part, and after having a basic knowledge they try to compare themselves with expert and the result alway turns out to be loss. However to become a good trader, it requires commitment and patience, one must be patients with study and research. Greatness isn't built in a day, it takes process.
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Trading is indeed more risky than hold for the long term, but by taking that risk and trying to learn to be a trader we can get experience and knowledge about trading, of course we need the idea of becoming a professional trader. Many experiences that we can get in trading, because we cannot always win and make a profit. Sometimes we will suffer defeat.
For crypto activists, the science of trading or analyzing the market is mandatory to learn,
if crypto activists can't trade and don't know the science of trading and analysis, then they are still not real crypto activists.
I even continued to learn until I understood how crypto works, how to take advantage of every opportunity to make a profit.
Everything is not instantaneous, but this can be learned slowly and gradually.
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also, if the the market falls, it will certainly rises if we hold for that time to come.
True, but i would also like to add the caveat that it depends on the coins you are storing, you cannot store a shitcoin and expect it to always pump whenever it falls, there would come a time it will dump and never rise again, because it has no usefulness.
However, if it is BTC you have in your wallet, you can keep on holding it and waiting anytime it dumps, because it has a lot of use cases, so there is value to pump the price again.
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Well, I agree with you that failure is also part of our life experiences and that is one of the reasons we become stronger and experienced in handling same issues, no one was born perfect so mistakes are bound to happen at first and if you are smart enough, you'll learn and make adjustments
as much as possible we should try avoid making mistakes but we should not be afraid to turn these mistakes into something we can benefit from it is not how you fall down but how you get up and dust yourself that is important
but most newbiesneglectthe learning part, and after having a basic knowledge they try to compare themselves with expert and the result alway turns out to be loss.
everyone wants to make money asap so it is normal to be a little impatient however newbies should learn how to take a step back and accept that there are still many things they have to learn the faster they accept that no one can be immediately good right off the bat, the more they can learn and avoid losses
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Well for me I really don't bother myself anymore checking my wallet if there's a drop or there's a rise, anyone into Bitcoin and in a long term investment in Bitcoin should not bother his or her self in checking his or her wallet because it will either cause you fear or happiness, when you are into a long term investment in Bitcoin all you need to think about is accumulating as many Bitcoin as possible, a lot of people if they check there Bitcoin wallet and they see there's a fall in Bitcoin they will either withdraw all there coin or stop accumulating.
Anyone into Bitcoin investment and involve in long term investment should not be bothered about the fall of it in fact when there's a fall it should be seen as an opportunity to accumulate more, I know of someone when he checks his wallet and he discovers there's a fall in Bitcoin he will stop investing and that has affected his Bitcoin accumulation journey.
Is not bad to check your funds but that should not be done always especially if you are into Bitcoin investment and holding for long term, I think people who should be bothered and worried about checking is those that are into trading.
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Well for me I really don't bother myself anymore checking my wallet if there's a drop or there's a rise, anyone into Bitcoin and in a long term investment in Bitcoin should not bother his or her self in checking his or her wallet because it will either cause you fear or happiness, when you are into a long term investment in Bitcoin all you need to think about is accumulating as many Bitcoin as possible, a lot of people if they check there Bitcoin wallet and they see there's a fall in Bitcoin they will either withdraw all there coin or stop accumulating.
Anyone into Bitcoin investment and involve in long term investment should not be bothered about the fall of it in fact when there's a fall it should be seen as an opportunity to accumulate more, I know of someone when he checks his wallet and he discovers there's a fall in Bitcoin he will stop investing and that has affected his Bitcoin accumulation journey.
Is not bad to check your funds but that should not be done always especially if you are into Bitcoin investment and holding for long term, I think people who should be bothered and worried about checking is those that are into trading.
A good suggestion if you intend to hold for the long term is not to check your wallet often and only have the goal of increasing your assets by doing daily trading or participating in airdrops and bounty campaigns. If I prefer to do daily trading and distinguish between a wallet for trading and a main wallet for long-term holding.
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There isn't really anything all that crazy right now, I mean 66k isn't that bad and I think it should be quite good for a while as well. The thing about the current situation is that we are talking about something larger than just today or yesterday or even tomorrow. We are seeing the market move and according to that I think we should be considering how well it could go as well. The situation isn't that simple and I can see that if you could hold it long term enough, you are going to get a good result, and that should be more than what we need, there isn't really any need for anything more than that.
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There isn't really anything all that crazy right now, I mean 66k isn't that bad and I think it should be quite good for a while as well. The thing about the current situation is that we are talking about something larger than just today or yesterday or even tomorrow. We are seeing the market move and according to that I think we should be considering how well it could go as well. The situation isn't that simple and I can see that if you could hold it long term enough, you are going to get a good result, and that should be more than what we need, there isn't really any need for anything more than that.
If you want to hold for the long term, make sure you use free funds to do so because crypto is very volatile, like now the market is experiencing a decline because the price of bitcoin has fallen which has caused the price of altcoins to also fall. Free funds are the safest funds that allow us to think more clearly in deciding to hold and wait until the market improves again.
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There isn't really anything all that crazy right now, I mean 66k isn't that bad and I think it should be quite good for a while as well. The thing about the current situation is that we are talking about something larger than just today or yesterday or even tomorrow.
Finally I checked my portfolio again, after a few days my portfolio was quite red and still had a - sign, so for today, I am really grateful. finally it really turned green. This is a color that is certainly awaited by more and more people.
Indeed, compared to the price decline that occurred before this, the results are actually still quite different. However, at least, we can start to reorganize our portfolio to stay focused and strong for holding.
Let them turn red, because our goal is to hold, right? As long as they are top coins, not fake coins or shit coins, right?
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There isn't really anything all that crazy right now, I mean 66k isn't that bad and I think it should be quite good for a while as well. The thing about the current situation is that we are talking about something larger than just today or yesterday or even tomorrow.
Finally I checked my portfolio again, after a few days my portfolio was quite red and still had a - sign, so for today, I am really grateful. finally it really turned green. This is a color that is certainly awaited by more and more people.
Indeed, compared to the price decline that occurred before this, the results are actually still quite different. However, at least, we can start to reorganize our portfolio to stay focused and strong for holding.
Let them turn red, because our goal is to hold, right? As long as they are top coins, not fake coins or shit coins, right?
if your portfolio contains top coins, stay strong even though the market is red because your assets will go up again. As long as it's not a shit coin, because I also lost a lot of capital when trying to play in shitcoin 3 years ago. So we have to choose coins that have a good reputation. don't be tempted by the words of friends who get a lot of profit from shitcoin. because when we are late to sell, we will lose because the price will dive sharply to be worthless.
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I think there is a level of exposure you will have about Bitcoin investment; you won't bother yourself checking your crypto wallet every time. You will only check your crypto wallet when you have spare fiat to accumulate more Bitcoin.
I think I have grown to a stage where I believe that this price decline of Bitcoin is just a while; there is no need to stress about it since the goal is to have a long-term investment plan. When the time for my long-term plan arrives, I will trade my Bitcoin quietly without notifying anybody that I have. Very easy approach
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if your portfolio contains top coins, stay strong even though the market is red because your assets will go up again. As long as it's not a shit coin, because I also lost a lot of capital when trying to play in shitcoin 3 years ago. So we have to choose coins that have a good reputation. don't be tempted by the words of friends who get a lot of profit from shitcoin. because when we are late to sell, we will lose because the price will dive sharply to be worthless.
Yes Crypto Market is likely to be re -improved, as long as we will hold the potential coin coins as you say we don't need to worry if you hold the top of the coin because the coin will rise again after the correction as long as it is not shitcoin. Investors who bought Shitcoin because they were tempted by high profits, even though the risk was so great.
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if your portfolio contains top coins, stay strong even though the market is red because your assets will go up again. As long as it's not a shit coin, because I also lost a lot of capital when trying to play in shitcoin 3 years ago. So we have to choose coins that have a good reputation. don't be tempted by the words of friends who get a lot of profit from shitcoin. because when we are late to sell, we will lose because the price will dive sharply to be worthless.
Yes Crypto Market is likely to be re -improved, as long as we will hold the potential coin coins as you say we don't need to worry if you hold the top of the coin because the coin will rise again after the correction as long as it is not shitcoin. Investors who bought Shitcoin because they were tempted by high profits, even though the risk was so great.
Spit out shitcoin because it will only bring losses because the risk is greater than buying other coins. From the beginning I invested in crypto I was not interested in buying shitcoin at all, because I think it is very dangerous and I am not interested in the stories of people who get high profits from shitcoins. Investing is full of risks, but take the smallest risk.