That's right, everyone lines up at 64k but when its trading at such a discount they run away screaming and crying hahahha. Nonsense. I'm not worried one bit. Keep stacking your chips folks!

Expect for these kind of common impression and actions whenever the market do really make out some decline then people or community cant really be avoided for them to freak out.

Panic selling is very common scenario without realizing that  selling their coins in a dumping market is a dumb decision to make.You wont lose nothing if you dont materialized those losses.

Instead of selling then its better to accumulate while its still on bargain because you would surely regret once again if the market recovers.

You are correct, tulips do have some value if you want something pretty in your garden. BTC doesn't, come back in 10 years and see if I'm right

Yeah, but there's not so many on here these days is there?

well that is the difference between people who trade daily and people who invest long term.

people who invest long-term then their mentality is already prepared with what will happen as it is today. because the price goes down and up is normal. and they only focus on the price target or big potential in the future.

but I can understand those who trade day by day. those who choose a cutloss after a loss of a few percent is a good move. because they can buy back from the bottom and sell back at the top.

so the two circumstances have different methods between scalpers and long term investments.

and its application should not be a scalper using thinking that invests long term because it is not suitable. because scalpers or day traders focus on daily earnings. if you lose today. can start trading again the next day.

When there is a wave of threads saying you shouldn't panic, how everything is fine, how 1 BTC= 1BTC you can be sure as hell there are a lot of people who have already shi* themselves, and my bet is the ones that are actually opening these topics.
Let's follow the logic, if the OP knows people are selling at a loss and panicking and he knows he can make a profit by buying low, why open a topic telling people not to do so and hurt his own future profit? As I can see, the only explanation is that Walmart is out of adult diapers!


So let's make a test
I'm offering you 5 000$ for one coin and 200 000$ for two coins.
Would you be interested in any of those offers?

If you are a long-term holder and investing in bitcoin doesn't affect your day-to-day economy, then I don't think you should worry too much and worry about how much bitcoin will drop.
If you go through 2018 you will see bitcoin drop from $20k to $3k and in 2021 you will see BTC's all-time high of $69,000. No need to worry too much about the price, keep holding in the bear market and wait for a bull market to see its rewards.

sometimes we are tempted by a similar incident in 2018, but what is called humans, sometimes they are not strong enough to hold on, so they do panic sells, and suffer losses. moreover we have to hold long up to 4 years. it is possible that the price of $20k-$21k is a strong support, because there is resistance in 2017, therefore we must believe in ourselves and do something according to personal analysis, so that whatever happens we don't feel disappointed

But what is happening with the market today is this a fresh start to return to the prices of four years ago.?
Isn't there a price correction every year?
Only those who panic sell always feel a loss because they think that everything will just pass.