Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Domithra on November 15, 2018, 01:59:44 AM
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Bitcoin dropped in price and even the so called crypto believers and users begin to panic. Is it because we fail to learn? Why do people anticipate Bitcoin to have similar trend as last year December, 2017? This is not how crypto operate. Let's get this clear, Crypto is unpredictable and every user is expected to know this before joining the crypto space in order not to panic in times like this.
Study the history of Bitcoin and you will know that Bitcoin has even suffered worse dips than this yet recovered along the line. Stop panicking and start buying while it is cheap now.
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you're right indeed crypto is unpredictable because there are so many indicators that influence it and market behavior that is not easy to guess what their motivation is to sell their bitcoins, so let's also report positive things about bitcoin and stop talking about profits with promising promises in crypto trading because all of them have risks
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The true believers of bitcoin are probably out in the mountains, in the beach, or in the club enjoying their time while others are panicking and selling out. Bitcoin has been crushing a lot of expectations already with its unpredictability and it looks like it's not going to stop doing so.
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The true is that some investors do not understand the trend of Bitcoin because no good orientation is been given to these investors,that is why the panic of selling is always in their thought.
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The offshoot of the digital coin, known as Bitcoin Cash, is barely being used in commerce, according to blockchain analytics firm Chainalysis. A review of payments received by the world’s 17 largest crypto merchant processing services, such as BitPay, Coinify and GoCoin, found that Bitcoin Cash .
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I do not think there is anything wrong when people feel uncomfortable when btc falls because btc is not just falling but their investment is also dwindling.
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Bitcoin dropped in price and even the so called crypto believers and users begin to panic. Is it because we fail to learn? Why do people anticipate Bitcoin to have similar trend as last year December, 2017? This is not how crypto operate. Let's get this clear, Crypto is unpredictable and every user is expected to know this before joining the crypto space in order not to panic in times like this.
Study the history of Bitcoin and you will know that Bitcoin has even suffered worse dips than this yet recovered along the line. Stop panicking and start buying while it is cheap now.
Yes you are absolutely right with what you say that crypto is unpredictable because there are so many indicators that influence it and market behavior that is not easy to guess what their motivation is to sell their bitcoin, so let's also report positive things about bitcoin and stop talking about profits by promising promises in crypto trading because everything has risks
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Failure to learn is really a canker to the whole crypto space. It is so sad to see crypto users turning away from Bitcoin when there is a dip in price. Perhaps, they had inadequate knowledge in how the crypto market works. Cryptocurrency belongs to the one ready to learn and patiently wait for a rise in price (no panic sellers).
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Yes, it is true. We shouldn't be panic with the decline price of bitcoin. It is only temporarily, the price of bitcoin will rise again soon. We have experienced this phenomenon for years. So just stop to be panic and continue to buy & hold.
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This is true, if you look at the price of Bitcoin for the entire time of its existence and compare it, for example, with last year’s, it has grown. But now everyone is panicking because the Bitcoin price has dropped below $ 5800, the lowest price of 2018. Panic in the market is always reflected in the form of falling prices, but I believe that this is not a critical drop and there is no reason to worry.
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The price of Bitcoin is still kept at a fairly high level, and to a greater extent this is due to enthusiasts and those who believe in Bitcoin and its potential, otherwise the price would have dropped much more. I hope that in the near future large investors will come and give impetus to the birth of a bullish trend in the crypto market and the growing popularity of cryptocurrencies.
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It's really hard to find today an investors which is a true believer of bitcoin most especially that today the price of bitcoin drops by more than $1000 may be they are now hiding and start planning to sell their crypto investment.
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I don't know why this happened either. Bitcoin is a good coin and the strongest coin on Cryptocurrency and certainly many true users and loyal to Bitcoin. But now Bitcoin is so sad and makes many people, especially Bitcoin users panic. I think this is a bad thing for the future of Bitcoin.
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the true believers of bitcoin are the silent type. you never see them advertise their beliefs or the amount of bitcoin they own. there is no reason for that. they are simply accumulating more and more bitcoin before the big bang happens and we reach mass adoption.
the noisy ones are always the short term traders who are trying to earn "fiat" using bitcoin.
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I didn't fail to believe on bitcoin but still after seeing that huge dipped I learned a lot of things. Now I learned that there's really a lot of way to have a good future here in crypto.
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Sure mate, crypto investment is for the risk takers and not faint hearted. There’s no need to panic as bitcoin continues to dip. Be courageous and rather buy more because it will fly again.
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The one that panic is not crypto believer, it just the newbie or people that try to get profit from bitcoin, a true believer know that bitcoin still full of potential and the price already in a good track because there are rising every year, so there are no panic sell because we already knew the market well, and we even try to buy some more when bitcoin price fall down
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I feel like I'm a true believer. I have sold some coins when Bitcoin was above 10,000 USD and I'm trying to save up the rest of my coins for better times. I can wait a year or 2 for the next bull market to start and I'm sure it will start. It always starts, just like the sun rises every morning. One thing that people taught me to do is to never look at daily price changes. Always observe long term trends and the lowest price is getting higher and higher every year. Last year we were at 800 USD, this year if it goes bad we'll go to 4000, which is still 5 times higher.
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Stop panicking and start buying while it is cheap now.
This is a good option if there's still enough fiat left to buy without selling his/her bags at a loss.
I agree that Bitcoin will recover. It has fallen to $5000 level many times already this year and it has always bounced back.
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When a consortium of miners also owns a large portion of coins, they are in no position to dictate anything, because they cannot sell their position or the price will crash before they can liquidate.
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That's right we can't predict everything but we need to learn everything in bitcoin to control and to know what will our next move for us not to lose big money or investment we should know when to buy and when to sell. Bitcoin is very down right now it's better to buy and hold it and wait it to pump again then sell. Do not believe that every year crypto will be the same just be open and keep updated to you to become more aware.
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the adherents are always always in various conditions, nothing fails as long as he doesn't give up, because honestly we always need crypto