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Thoughts when bitcoin went down?


xtinepink

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Posted

Bitcoin and other cryptocurrency market received a very low price just yesterday and the past days. 

Bitcoin even went down at the price of $5800. At that moment have you ever felt that twas the end? 

Many people believe in bitcoin but some people really believe that it’s not bitcoin that they believe into but actually the blockchain technology. 

What will happen it went down a little more like at $4000? Will you still accumulate more or hopeless about this? 

What are your thoughts?

  • 1 month later...
Posted
On 6/26/2018 at 12:38 AM, bauwerax said:

Goodbye to bitcoin gambling

Lol seriously you will stop gambling just because the price went down ? Lol that's when you have to gamble win big and hold

Posted
42 minutes ago, Lillyflow said:

I think the bottom has already been touched and we will rise. Up up up. Watch ! 

mmm you never know it might rise a little bit but it also might drop like a shit again ( dont forget that it ll was at 20k+)

Posted
5 minutes ago, niki014 said:

mmm you never know it might rise a little bit but it also might drop like a shit again ( dont forget that it ll was at 20k+)

I want it to drop like shit again! so that I could buy and store some! :D

Posted
2 minutes ago, KinAniK said:

I want it to drop like shit again! so that I could buy and store some! :D

if it does amma buy so many btc like a lot and i ll hold em for 2 days and i ll see that it aint jumping ( ik it aint working like that ) and i ll go in stake or fortunejack or some other shiti ass site to gamble em away 

Posted
11 minutes ago, niki014 said:

mmm you never know it might rise a little bit but it also might drop like a shit again ( dont forget that it ll was at 20k+)

Correct.. no one knows whats next

Posted
45 minutes ago, KinAniK said:

I want it to drop like shit again! so that I could buy and store some! :D

Well then try to buy a bit now cause I think it might not drop again

Posted
1 minute ago, niki014 said:

you never know it might just drop like crazyyyyy

Um yeah but since it dropped to 7k and rose ban again to 8k makes be believe it will rise to 10k at least

Posted
12 minutes ago, KinAniK said:

I thought but afraid to buy at this price :(

Well if you are a risk taker then buy it now If not then wait for some time

Posted

I came to this because of the twitter plug.

Bitcoin is an application of the blockchain to facilitate a decentralized payment network.  It separates payments from capital formation and so solves the too big to fail problem* of banks.  Therefore, I believe in the project and so am not too worried about price.  Don't get me wrong, I GREATLY prefer price to go up rather than down, if for no other reason than I want all the Wall Street Bankers who trash talked Bitcoin :looking at you Jamie Diamon: to be wrong.  It hasn't worked out that way, but even if BTC goes back down to 100 USD I expect I'll have some.  There's simply no way to know what the price will do.

 

* I don't really believe in this problem, it was solved by unbacked money + government financed deposit insurance, but that's another post.

Posted
On 7/30/2018 at 6:18 PM, Kate said:

Well if you are a risk taker then buy it now If not then wait for some time

Risk Taker takes considerations as well, for example when to buy and when to sell. you also have to be wise.

Posted
58 minutes ago, wilbur said:

If it went down for more 4,000$ to 3,000$ then i have to make a way to secure at least 1btc as my investment. Hodl it and gonna sell it at the right time

 

Everytime it went down, it’s just a bad timing as welll since no funds available to buy some. Lol

Posted
6 hours ago, xtinepink said:

Risk Taker takes considerations as well, for example when to buy and when to sell. you also have to be wise.

Yeah but when you buy the coin there are times where you have to make decisions so quick that can either be good or bad and that's a risk. Risk takers are people who doesn't care about small losses like hundred bucks

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