Post
Topic
Board Bitcoin Discussion
Re: Today, Bitcoin dump ?
by
TCortese
on 09/09/2017, 00:42:14 UTC
Can anyone tell me what is happening to Bitcoin? BTC price from 4660 dropped 4k1 and still continues to decrease, investors and trade as I'm feeling very confused. Give me some advice right now, so I can calm down.



I'm not as experienced as some of these other posters. I've only seen 4 or 5 major corrections/crashes during my time in bitcoin and every time it scares the living hell out of me. Every time I worry that this drop is different, the bubble finally burst, that a repeat of 2014/2015 is coming, etc. and it always recovers. Interestingly, I'm told that is a very common worry among inexperienced traders in all markets; that the market will crash and not recover. Settle down, breathe deep, it will all work out just fine.

My advice to you would be no different than many others you've heard: It's normal and all part of this game. Hold. Look at it as a buying opportunity.

Interesting side-note: I actually found this forum while trying to locate a place to express my concerns and seek reassurances during a crash just like you. My first post was very similar to this. It was considerably more dramatic than yours. I was going for funny, think I came off as whiny.