Quote from: GIF-JOBS on February 24, 2025, 03:37:18 PM

Quote from: Pi-network314159 on February 24, 2025, 02:53:18 PM

Quote from: bad23 on February 23, 2025, 01:06:14 AM

What would cause bitcoin to drop 30% or more?

There are many things that can cause Bitcoin price to fall massively. Most times it couldn't be rumors or speculation which causes a lot of people to sell and this will eventually cause Bitcoin price to dip drastically. Sometimes when exchange has been hacked and huge amount of coins are sold, the market will crash and even other people who left their coins on different exchange will sell and the sell oder will be higher than the buy oder making it dip. Infact anything that creat panic in the market causing people to sell more than buy, that will eventually make Bitcoin fall drastically.

However, such declines are not long-term, they recover over time in the long term. In fact, such a negative event causes Bitcoin to dump a little, but later Bitcoin pumps more strongly. That is why instead of getting scared when you see such a dump, you should think long-term. Such short-term dumps or corrections of Bitcoin often happen, but they always recover later. So buying more during such a decline will give you better returns later. So you should buy more during the dump.

The market does only have two possible ways or paths to take on which it would neither be that pumping or would be that dumping on which there's additional on which it could be able to move sideways as well. It will really be that up to you on how you would really be that dealing up with the market because if you've been that wary or A 30% on Bitcoins price is never been that a shocking thing because it could be able to do neither way on which it could really be that pumping or dumping state. The important thing on here is that you do really know on what you are really that indeed doing because on the moment that you've seen yourself seeing these movements then it could neither be a signal whether you should be making out some buybacks or you would really be securing your profits on which it will really be that on situational basis.

For those who are really just that new into this market then they would really be that easily freaking on whats happening but at the time that they do able to gain up experience they do really know on what to do into the next one.