Re: We are now down 70% and still dropping

As of this morning BTC went below 6000 - that is a 70% drop from the peak at the end of 2017.

"This is normal in crypto" says many in here. Come on - get real. It is a full-on crash, and it is not over yet.

This is an enough reason on not to sell because it is jist making the market value of Bitcoin to fall even more. Jist hold in order to mske the demand high and its market price to rise. No dump is permanent so we'll get rid of this one soon. For now, invest to some coins that you've like because the moment that coin's price starts to rise, profit will be earned.

So, all we have to do is just calm down. This is perfectly normal, even this is a great opportunity to increase investment if the tone has more funds. Or this can be a test of patience to hold bitcoin longer before getting big profit. The bitcoin veterans will be calm, while newcomers will panic up the bitcoin roller coaster. Grin

I guess that's all we have to do since we can't do anything about it rather than panic selling which is a big loss if ever happens. Just think a useful way rather than watching the downfall of all of your crypto holdings.

I believe the price has begun to recover, so it is better to wait with patience for few more days. This could lead to successful growth than selling on panic losing all that investment that has been made when the price was at the peak hoping for a bigger profit as more adoption has been taking place by that time.