matrix2020Newbie
Posts: 29 · Reputation: 37
#1Jun 10, 2023, 02:43 AM
Bitcoin just took a nosedive, dropping from over $122k to around $101k. That's massive! What’s everyone thinking? Should we sell, or is this the classic buy-the-dip moment?
Bitcoin Price Plunge: What's Next?
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shard_2013Full Member
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#2Jun 10, 2023, 04:43 AM
It actually went lower than that in some places. Check out this chart. Gotta say, I’m leaning towards buying more, even though I sold off a bit a while back. Maybe DCA is the way to go.
DCA sounds smart if you still believe in Bitcoin’s future. Heard some trader talk about how it needs to hold above the 50MA. But honestly, I’m getting tired of riding the waves with this market.
kevin_bridgeFull Member
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#4Jun 10, 2023, 11:58 AM
Yeah, it’s rough right now. Bitcoin dropped about 9% in the last day. But if you panic-sell every time it dips, you’re not really in it for the long haul. Just hold on and it’ll bounce back... eventually.
You gotta make your own call on this. If you think the bull run is done, then sure, sell. But if you believe Bitcoin will recover, DCA is the right move. I see this as a buying opportunity.
Honestly, I see this liquidation as a reset. A chance for new players to jump in. But some folks are just gonna sit tight, thinking the price will keep falling.
mike.degenMember
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#7Jun 10, 2023, 08:11 PM
That dip to $101k was shocking! Not really a dip zone, more like a mid-range. Might be wise to DCA, but I feel another drop is coming soon... just a hunch.
Yeah, it’s bad news, but for regular investors, it’s just noise. Short-term fluctuations happen. Holding is key, and this dip might actually be a buying discount.
n1nja_2020Newbie
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#9Jun 11, 2023, 05:19 AM
Lol, biggest liquidation ever and only a 15% drop? Feels like a joke. Who’s panicking? It’s just a bump in the road.
quantumminerMember
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#10Jun 11, 2023, 09:59 AM
Some traders might be hurting if they went long and got rekt, but if you’re holding, don’t sell! Just wait it out; the market will bounce back.
I was shook too! Never seen a dump like that before. It felt like a glitch at first. But after the panic, I thought this is where the real opportunities are.
Qu4ntumNinj4Newbie
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#12Jun 13, 2023, 12:30 AM
Same here, glad to know I’m not alone in feeling this way. But honestly, the percentage wiped out doesn’t scare me anymore. I’ve seen worse.
Selling now? No way! This is the perfect buy-the-dip time. What's with investors panicking? Short-term goals or lack of faith in Bitcoin?
You do you, but if you don’t believe in Bitcoin’s future, maybe it’s best to sell. I think we’re in for a recovery soon.
In crypto, if you want to minimize risk, just stick to Bitcoin. Don’t rush to sell during dips holding is the name of the game.
Really? Asking if you should sell after a dip? Come on, we’ve seen this before. I’m either adding more coins or holding my current stash.
Play stupid games, win stupid prizes. This isn’t the end for Bitcoin.
stake_2017Newbie
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#18Jun 17, 2023, 03:12 PM
Liquidation volume is insane compared to previous events. But selling now after the crash? That's just dumping at a discount. Buy the dip!
DCA is a must! But keep an eye on risk. If you piled into alts, it might be time to trim some of those positions.
seed_ninjaNewbie
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#20Jun 17, 2023, 08:38 PM
True, but many alts dropped hard recently. Remember, they’re all paired with Bitcoin. When Bitcoin drops, alts get crushed too.