In just three days the enthusiasm of Bitcoin seems to be over!

[BrolySSJ]

I don't want to write a thred about the steep drop of about $ 5,000 in Bitcoin, which occurred only in the last five days, because this is now known to all.
But I would like to make a clarification. During the year 2020, where this crypto had an increase in value equal to 500%, beating all previous records, all the people I heard here on Bitcoin topics, seemed really excited to invest, even aiming to clear that, such crypto could reach as much as $ 300,000 within 2021 !!
But in just three days Bitcoin collapses by 20% and now all these people, seem to "cry!".
Now I say, although maybe it would have been better to think about it BEFORE, because it could not be ruled out that this could have happened!
But, forgive me, in short, in my opinion nothing is compromised!

The drop in the price of Bitcoin was rather sudden, and I think that for many of the traders this was a drop that was not expected in the slightest and for hem there were losses that were involved. However since the drop there has been a certain degree of recovery n the market. So I don;'t think that the enthusiasm may be over yet, but it thinks that it is definitely drawing to a close in its enthusiasm.

 

[alberello75]

Bitcoin drop is normal for most of us who are use to the trend of activities in bitcoin , people who invested recently really got disappointed and discouraged because most made a panic sales while people who believe it normal didn't, bitcoin is gradually retuning, it above $36k now.

Most disappointed people are these short-term investors. Or maybe those who were not allowed to lose for their budget right now.

But that there was a drop , after a rise that had lasted for almost a year now, this should not surprise the experts above all. After all, it is well known that the economy in general is made up of ups and downs.

 

[Rimsha kanwal]

I don't want to write a thred about the steep drop of about $ 5,000 in Bitcoin, which occurred only in the last five days, because this is now known to all.
But I would like to make a clarification. During the year 2020, where this crypto had an increase in value equal to 500%, beating all previous records, all the people I heard here on Bitcoin topics, seemed really excited to invest, even aiming to clear that, such crypto could reach as much as $ 300,000 within 2021 !!
But in just three days Bitcoin collapses by 20% and now all these people, seem to "cry!".
Now I say, although maybe it would have been better to think about it BEFORE, because it could not be ruled out that this could have happened!
But, forgive me, in short, in my opinion nothing is compromised!

BTC Price Prediction “Between real enterprise adoption and its growth as a hedge against fiat currencies, we predict that 2021 will be a very good year for BTC,” commented Walter Kok, CEO of Energy Web Foundation. Andy Agnas, Founder & CEO of SparkPoint, is also optimistic about bitcoin price.

 

[alberello75]

The drop in the price of Bitcoin was rather sudden, and I think that for many of the traders this was a drop that was not expected in the slightest and for hem there were losses that were involved. However since the drop there has been a certain degree of recovery n the market. So I don;'t think that the enthusiasm may be over yet, but it thinks that it is definitely drawing to a close in its enthusiasm.

In the common way of thinking of every person, however, I find this mentality an ordinary thing!
For example, the fact that in just one year, Bitcoin broke every previous record, this made everyone fly in the wake of enthusiasm. But a few days were enough to have a drop of about $ 5000, this sent many (I turn also to those who have not even invested anything yet) into discomfort.
After all I't obviously no one is happy to lose, let's be clear. So I think that from now on, everyone (rightly) will be very careful before making any move forward.

 

[BrolySSJ]

In the common way of thinking of every person, however, I find this mentality an ordinary thing!
For example, the fact that in just one year, Bitcoin broke every previous record, this made everyone fly in the wake of enthusiasm. But a few days were enough to have a drop of about $ 5000, this sent many (I turn also to those who have not even invested anything yet) into discomfort.
After all I't obviously no one is happy to lose, let's be clear. So I think that from now on, everyone (rightly) will be very careful before making any move forward.

Yes in these markets it is important to be careful because there is a high degree of price volatility in the markets as well. So I think that it is very important to be able to have patience and to be able to stick to your guns. The price has broken many records and I think that even if the price did have to crash that it would reach this point in the future as well which is good for people investing now. It is just as a matter of holding and waiting for that point to sell.

 

[Afrinish]

All investors in Bitcoin should be aware of the enormous risk that is involved in such kind of investment by now, the worst investors in Bitcoin are those that invested in the coin when it was at it's highest price ever.
The good thing about Bitcoin is that it's not a stable coin but a very volatile coin, so the coin can definitely rise back again in a short time, they shouldn't lament about their loss for now, infact what a serious investor should have done

 

[alberello75]

BTC Price Prediction “Between real enterprise adoption and its growth as a hedge against fiat currencies, we predict that 2021 will be a very good year for BTC,” commented Walter Kok, CEO of Energy Web Foundation. Andy Agnas, Founder & CEO of SparkPoint, is also optimistic about bitcoin price.

in Italy the business newspapers admit that the temptation to invest a part of the salary / pension in a currency that in ten years has seen its value grow so much, now is high!
But in short, this is not the advice of anyone who has been working with Bitcoins for years. Or rather, they say it is not at all!

 

[GIFTMICHAEL]

You are right because when I saw the surging in Bitcoin over this period of time I knew it was to make people to invest in the business.
Every thing that goes up will surely come down.

The enthusiasm will definitely drop as the value of Bitcoin is dropping drastically.

 

[GoldenLady]

I don't want to write a thred about the steep drop of about $ 5,000 in Bitcoin, which occurred only in the last five days, because this is now known to all.
But I would like to make a clarification. During the year 2020, where this crypto had an increase in value equal to 500%, beating all previous records, all the people I heard here on Bitcoin topics, seemed really excited to invest, even aiming to clear that, such crypto could reach as much as $ 300,000 within 2021 !!
But in just three days Bitcoin collapses by 20% and now all these people, seem to "cry!".
Now I say, although maybe it would have been better to think about it BEFORE, because it could not be ruled out that this could have happened!
But, forgive me, in short, in my opinion nothing is compromised!

Anyone serious about Bitcoin knows it's a volatile market, and this fall should not be a cause for concern.

It's quite healthy, infact.
Long term investors just make use of these opportunity to buy more.

 

[alberello75]

Anyone serious about Bitcoin knows it's a volatile market, and this fall should not be a cause for concern.

It's quite healthy, infact.
Long term investors just make use of these opportunity to buy more.

Yes, of course, the volatility of Bitcoin should be more or less known to all. You mean, many think they are taking advantage of this sudden drop in this cryptocurrency, to be able to buy it now at a slightly lower price. Did I understand correctly?
Thank you.

 

[ahmedo24]

Every body can't gain in any business or Investment because there are early , mid and late Investors in it , Crypto currencies are not exception in this case , bitcoin is fast recovery, it is at $38k plus so if those who did panic sales had been patient they won't loose out

 

[GoldenLady]

Yes, of course, the volatility of Bitcoin should be more or less known to all. You mean, many think they are taking advantage of this sudden drop in this cryptocurrency, to be able to buy it now at a slightly lower price. Did I understand correctly?
Thank you.

Yes. This dip is a good time to get some, especially considering how the price has been rising in the past 24 hours.

We might be seeing another bull run if this continues for the next three days.

 

[Niftyyem]

Just like someone had rightly stated, your understanding of your investment tool is very important before committing your funds. Many people who understood bitcoin may have had concerns but not enough to panic sell.

 

[alberello75]

Yes. This dip is a good time to get some, especially considering how the price has been rising in the past 24 hours.

We might be seeing another bull run if this continues for the next three days.

Exactly. Given the Bitcoin trend graph, I can see that, in the last 5 days, after all, it has not fallen below value of $ 30,000.

Forgive me an off topic question. But given your nickname here, do you wearing pantyhose?
I ask this because, there is a famous nylon stockings for women, which has exactly this name.
Thank you.

 

[GoldenLady]

Exactly. Given the Bitcoin trend graph, I can see that, in the last 5 days, after all, it has not fallen below value of $ 30,000.

Forgive me an off topic question. But given your nickname here, do you wearing pantyhose?
I ask this because, there is a famous nylon stockings for women, which has exactly this name.
Thank you.

Nope. It's just the nickname I was given in school, when I didn't use powder on my face, and I have really oily skin.

Somehow the name has stuck for more than 8 years

 

[alberello75]

Nope. It's just the nickname I was given in school, when I didn't use powder on my face, and I have really oily skin.

Somehow the name has stuck for more than 8 years

I see. I'm sorry and forgive me, it was just to find out if there was a match between these two names. But of course, it wasn't absolutely my idea to be offensive.
Thank you and greetings.

 

[Keibah]

I do not know a lot about the technicalities involved but I knew the excitement was short-lived. I know a lot who have lost and are depressed right now. Though, some smart ones were still able to make a fortune out of it.

 

[GoldenLady]

I do not know a lot about the technicalities involved but I knew the excitement was short-lived. I know a lot who have lost and are depressed right now. Though, some smart ones were still able to make a fortune out of it.

I really see no reason to be depressed about the end of bitcoins bull run.
Anyone who is investing in Bitcoin should understand how volatile it is, and tread with caution.

It's sad to lose the profits you made, bit the coin is already picking up once more.

 

[Iamsodex]

Well it was expected.Yoy can never trust a cryptocurrency to stay stable after a price surge like that. Bitcoin price was always bound to come down. The people that didn't anticipate it are the newbies who rushed and invested in bitcoin when the price was high.

I agree with you, most newbies don't really understand that the market isn't a one way thing, it goes up and down. Coming down is part of the market trend so they shouldn't expect price to just keep on going in one direction without any bearish movement. Whenever market weeks liquidity above an ATH the market must be traded efficiently.

 

[alberello75]

In essence, at least in my opinion, don't worth it now to get depressed by a sudden and unexpected drop for Bitcoin.
However, afterwards, in just two days, (January 13 and 14), I notice in the graph, an increase th such crypto of about $ 7000, which is no a little thing!
Which means that now, Bitcoin could clearly be on the upswing.