11-27-2021, 01:54 PM
For someone who were buying at 3k-5k, people who say 55k$ is dip is hilarious
<!-- SC_OFF --><div class="md"><p>This isn't a dip. What happened to this sub? Either 90% people here or at age 15 trying crypto first time or you really like to FOMO and panic sell.</p> <p>For people who watched BTC for over 5+ years will know that BTC many times crashes %70 %80 in 12 hours. You would wake up to see BTC is down %50 then you went to sleep.</p> <p>Always think about percentages, not numbers. 5k$ means nothing when BTC is 50k$. That's %10. That's nothing. When BTC goes to 55k$ from 5k$, you're making %10 gain. Not 5k$. Don't look at the price. Look at the change.</p> <p>Secondly, if you wanna know when it's bear market I have an clue for you: It's when people (who now says they are HODLers) starts to open threads in <a href="/r/cc">r/cc</a> about their mental health and leaving crypto for it. </p> <p>You will never time the market. You see people thought BTC would never hit 10k$ again when it hit 20k$ ATH first time. Then it went down to 10k$, 8k$, then crashed %70 like 12 hours to 3.5k$. No one thought that bull run would be %100 erased. It did. It took like 3 years to bear market reverse but in that time, %99 "hodlers" got off the train.</p> <p>Same thing would happen if bear market starts. BTC would hit 30k$. You guys would buy thinking it's dip from %50 off from ATH. It would dip even more. Panic sell starts, even strong hands turn into weak. Then new bull cycle starts.</p> <p><strong>I remember buying at 5k$ (after 20k$ ath in bear market) and came to this sub, there was absolutely no one. Not even 1k online people LOL. Now everybody gives hope in %1 changes here. No one can here has idea how BTC price works.</strong> </p> <p>But I can tell you one thing, buy BTC a lot when you have no one to talk in this sub</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/mercedeskyron"> /u/mercedeskyron </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r2q4s0/for_someone_who_were_buying_at_3k5k_people_who/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r2q4s0/for_someone_who_were_buying_at_3k5k_people_who/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>This isn't a dip. What happened to this sub? Either 90% people here or at age 15 trying crypto first time or you really like to FOMO and panic sell.</p> <p>For people who watched BTC for over 5+ years will know that BTC many times crashes %70 %80 in 12 hours. You would wake up to see BTC is down %50 then you went to sleep.</p> <p>Always think about percentages, not numbers. 5k$ means nothing when BTC is 50k$. That's %10. That's nothing. When BTC goes to 55k$ from 5k$, you're making %10 gain. Not 5k$. Don't look at the price. Look at the change.</p> <p>Secondly, if you wanna know when it's bear market I have an clue for you: It's when people (who now says they are HODLers) starts to open threads in <a href="/r/cc">r/cc</a> about their mental health and leaving crypto for it. </p> <p>You will never time the market. You see people thought BTC would never hit 10k$ again when it hit 20k$ ATH first time. Then it went down to 10k$, 8k$, then crashed %70 like 12 hours to 3.5k$. No one thought that bull run would be %100 erased. It did. It took like 3 years to bear market reverse but in that time, %99 "hodlers" got off the train.</p> <p>Same thing would happen if bear market starts. BTC would hit 30k$. You guys would buy thinking it's dip from %50 off from ATH. It would dip even more. Panic sell starts, even strong hands turn into weak. Then new bull cycle starts.</p> <p><strong>I remember buying at 5k$ (after 20k$ ath in bear market) and came to this sub, there was absolutely no one. Not even 1k online people LOL. Now everybody gives hope in %1 changes here. No one can here has idea how BTC price works.</strong> </p> <p>But I can tell you one thing, buy BTC a lot when you have no one to talk in this sub</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/mercedeskyron"> /u/mercedeskyron </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r2q4s0/for_someone_who_were_buying_at_3k5k_people_who/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r2q4s0/for_someone_who_were_buying_at_3k5k_people_who/">[comments]</a></span>Kind Regards R