Quote from: Justbillywitt on Today at 10:12:31 PM

Even why the price has dropped to this level some people won't still buy, they will be waiting to see if the price will fall more than this.
Some people are expert in making some bad news so that there will be panic in the market and people will start selling off, why they will be buying. Only newbies won't understand this tricks. But as an old investor who understands the game that's being played here, it's to buy while others are selling. Moreover Bitcoin will be here and will keep performing with or without the SEC giving it a go. The most important thing is to benefit from this dip by accumulating more.

True but what they will see is that it is not going to be lower than that. It dropped quickly to $40k and I've seen and then recovered back rapidly to $42k. These drops comes once in a while and there's a purpose of it, some big boats have sink for a while but then floated again.

I agree to all that you've said, it's basically what's happening to the market and will happen again when we're approaching the bull run. It's necessary to have some of these dips and those that have been watching the market should take their moment and be decisive before it full recovers and lands to another price that we've met since 3 years ago.

Quote from: JayJuanGee on Today at 09:39:03 PM

Newbies can get shaken fairly easily, so part of the volatility is likely caused by folks who are purposefully wanting to shake some newbies.

The other thing is that anyone who is either new to bitcoin or maybe in their first cycle are likely to be in a BTC accumulation phase, so they should love to be able to get bitcoin for lower prices. .and of course, it is not necessarily easy to keep buying as the income comes in, but there could be some positive thoughts, and of course, you jossiel are likely getting on two cycles, and sure it is possible that you are still accumulating bitcoin or that you made several mistakes along the way, and so it can take a while to get out of accumulation phase, even for someone who has been into bitcoin for a couple of cycles..... and I had given those kinds of examples in the past of someone who had been accumulating more aggressively compared to someone who had not and even compared with someone who made some mistakes along the way and started accumulating more aggressively at later dates...

I've made a lot of mistakes but I'm still accumulating and I think that I'll keep doing it as long as I live. But this time, when I see these quick crashes, it's no longer painful to my heart honestly. But way back years ago, believe me that it's like that someone's crushing my heart whenever I see it.

Those mistakes and experiences really have helped me to get over these scenarios and I am sure that everybody does that have been here for quite a while.

Quote from: JayJuanGee on Today at 09:39:03 PM

so even someone who has been around for a while, they might have spent their first few years in bitcoin without a very good or focused plan.

That's true and those moments have taught us a lot, it was a great experience and I am sure that there will be greater up to the greatest moments of our lives as we stay.