Quote from: South Park on February 02, 2018, 07:44:06 PM

Quote from: chiggz on February 02, 2018, 10:11:40 AM

Every dip someone comes up with some unrelated predictions to explain the market. Why don't people predict this before the dip happening? These predictions are being made from the point BTC fell to $14K from $17K, $14K to $11K, and now $11K to $8K. Its started with the CMC price confusion, Korean FUD, Lunar year, Wallstreet manipulation and now Indian FUD. Many people also say that this is the correction Bitcoin needed, which is very healthy.

I have Just gotten used to the fact that the market is always irrational and unpredictable. Nobody can time the market and it will always do the opposite you expect. It can dump with good news, and moon with bad news. This is just a random dump, we have had many before and we will have many in the future. Just Hodl Away!!

Markets can be irrational but that does not mean there are not reasons behind that behavior, to be honest I thought this drop was because of the recent Tether FUD we had lately but I suppose that explanation is as good as any other explanation, what we must decide is what to do with the current price and the only two available options are to buy or to hold.

True, and if you do have an extra pair of money you can manage to buy another bitcoin and altcoin. No matter what the news brings be strong and believe to your investments as we are the only one that can control our emotions. SO HODL!