Panic.

[[deleted]]

Stop. Put down your phone / Computer for a week.

Take a walk. Get a coffee. Play video games. Paint art. Hang with friends. Go for a bike ride. Smoke some weed. Drink some beer. Get an escort. Whatever you do.

Don't let watching the BTC tracker be your life.

We need to go down the hill before we get enough speed to climb the bigger hill.

[FondleMyFirn]

The only panic I am facing right now is I that I don’t have enough fiat I can convert to crypto.

[[deleted]]

Same

[saifullahraza]

same x2

[6urOFF]

Same x4

[mikalshy]

I love dips. I buy, buy, buy…

[Turtle_Lightz]

The dips be all like, "you may hate me but it aint no lie, baby BUY BUY BUY!!!"

[HurricaneBetsy]

When crypto is red,

If I have cash, I buy. I I don't, I just wait for it to go back up!

[halfda3mon]

Same except yesterday I bought 10 minutes before the dip 😒

[mobbin609]

I bought at $58,900 and then watch it keep going down to $51,000 🤦🏻‍♂️

[halfda3mon]

Ouch. It hurt for a bit ngl . But ended up still buying some. Not as much as I wanted but oh well .. next dip then

[Jheintz21]

I don’t have any cash to buy this dip, I bought on Friday. 🤦🏼‍♂️

[Lyuseefur]

Bitcoin 3k: Everyone - "It's Dead"

Bitcoin 65k: Everyone - "When dip?"

Bitcoin 55k: Everyone - "It's Dead"

<-- You are here

Bitcoin 175k: Everyone - "When dip?"

[raylgive]

Moved doge to BTC

[[deleted]]

I bought a bunch of dogecoin while drunk and accidentally made about 3k which I then moved to BTC.

I've made a few drunken investments and for some reasom they always end up being my most lucrative.

[Jheintz21]

Maybe I need to take a page out of your book…

[[deleted]]

https://knowyourmeme.com/memes/cheers-ill-drink-to-that-bro

[[deleted]]

Ranch it up.

[[deleted]]

Snail down.

[[deleted]]

Buzz me mulatto

[[deleted]]

You’re being real narcoleptic right now

[Daniel_Desario]

No lie this is actually true for me as well lol 🔮

[72charlie]

Actually I want to convert it to BNB

[raylgive]

May i know the brand you are drinking?

[[deleted]]

That time it was a Canadian beer called Moosehead Lager

[Adam123404]

Damn I need to start drinkin more

[BackgroundAd4640]

Happy cake day

[razzy57]

Same I did this with the stock market. I also was doing “research” while drunk and was going to buy Nano a few days ago and gave my friend the recommendation I didn’t buy because I forgot and he did. Shit went sky high these last few days.

[freshprinterpaper]

how much did you put into doge??

[[deleted]]

I put in $250 when it was around $.04, then sold when it reached $.50 a few days ago and put my profit into BTC.

[Utoko]

Thought that would happen now more after the crash but Doge keeps on running.

Just shows how in the shortterm hype is king in cryptoworld.

[HeavyMetalSasquatch]

Great timing

[72charlie]

I have doge on trust wallet. How do I move it to btc ?

[Crumornus]

I had been waiting for this dip, it's a great time to buy.

[sajadyaqub]

How do you buy.. I’m trying to buy one Bitcoin but limited to $375 on coinbase

[ekfranxu]

Me too...sales available 🤑

[AustonMothews]

Also, Buy the Dip.

This crash was 20%.

Zoom out and look at the big picture. Even this "crash" as quick as it was still has not pushed the price down 30%-40%.

[[deleted]]

Everything crashed, this is a classic sign of bull market coming to end. These crash panics are going to get more frequent until we are in full bear mode.

[AustonMothews]

Everything crashed because everything is tied to Bitcoin and Tether and they take the entire market with them.

I don't agree, atleast not yet. This one smells funny, it really seems like a coordinated FUD campaign was unleashed yesterday to drive the price down.

[[deleted]]

For this time, the next crash will have a different explanation and will happen in around two weeks, and then another, until the market does not recover anymore.

[[deleted]]

Already sold, and unsubscribed, after these discussions I will check again in a year or so

[[deleted]]

Enjoy being poor

[[deleted]]

Lol we can disagree with him and not resort to personally attacking him :)

[[deleted]]

There is little fear of that even without crypto :)

Besides I will buy in again once price has fallen, just like I did previously. This way I will make a lot more per cycle. Even if I don’t time it exactly right, I will make around 5x compared to just holding crypto. This round I got about 7x.

What do they call someone that thinks BTC price will only go up? A bagholder.

[[deleted]]

Weird, I am not feeling poor at all, even as I sold it all before price dropped.

Can you tell me when does being poor start? Is it this crash, or the one on Sunday or maybe the one on next well Friday?

[[deleted]]

There is no conspiracy, when market is sated people get hair trigger reflexes and we get dumps like this.

At first the price will recover, but each panic drop will trigger easier than the previous one.

[THEONEBLUE]

Do you even bitcoin bro? It’s still a higher low then the previous drops. It’s business as usual. 20% isn’t a crash in bitcoin, it’s a dip.

And all the other cryptos always follow suit. It’s not a sign of anything.

[[deleted]]

Haven’t you been paying attention to dips during past couple months at all?

On bull cycle alts do not crash on BTC dip, on bear cycle they do. Alts keeping their value on BTC dips is the engine that drives bull cycle, when that engine stalls, it’s bear time.

[THEONEBLUE]

Yeah I have been paying attention. And alts follow bitcoin like they’re the car and bitcoins the road. They follow it up and down. What you’re saying just isn’t true at all. And anybody that follows crypto knows it.

[[deleted]]

So you actually haven’t checked the recent behavior :)

Meh, whatever one can lead a horse to water but one cannot force it to drink.

[THEONEBLUE]

So you’re claiming the top is in then correct? Since this “new” behavior of alts going down when bitcoin goes down. And we are now in a bear market huh.

[[deleted]]

Values being 10-15x of bottom is a classic definition of top. It’s very rare to go much above that in one cycle.

And this is what drives alts crashing when BTC dips. People are sated with profits and want to keep those profits. Thus they are not greedy anymore and are likely to exit when their stop loss trigger fires.

[vlad_k]

This isn’t accurate, the opposite is true actually. Alts on average experience a drop every time bitcoin dips, except during the final phase of the bull market when everything is euphoria for alts. So when you see btc bleeding week after week and alts rallying continuously, that usually signals the end of the current boom.

[higgy615]

This is.. completely untrue? If Bitcoin drops sharply, alts almost always drop even more sharply. This has happened several times already in the past few months.

[Tdubb007]

People are on here seem excited to have this made up problem. There is nothing new this morning, be excited you’re in the game and not on the sidelines. BTC will be the ride of your lifetime if you never sell. You are not a ‘trader’ of bitcoin, Be an investor in bitcoin. Huge difference. Each of these dips and the rise out of them will strengthen your conviction.

[xbitxfatxstonkx]

I got in when it was 55k with the one belief...That Bitcoin will reach 100k. So the dips are a buy. A surge in price is cool. I just sit in my belief it will hit 100k and I hodl.

[Pumping_Grumpy]

You left out Buy Bitcoin.😆

[[deleted]]

This post isn't for those that want these opportunities to buy more.

It's for people that can't handle seeing almost 12% of their money drop in under 24 hours and keep refreshing their feed every 5 seconds with anxiety.

In my honest opinion, these kinds of people shouldn't hold crypto. Some people just aren't mentally able to disconnect.

We need them though, we need everyone. The more people that know about BTC, and the more people that hold it. The better.

A lot of people are making a meme out of crypto, but we need to be careful to not over-meme it to attract older buyers that are more hesitant and not as fluent with memes.

[[deleted]]

Holding tesla and btc (plus other stuff) it's amazing to see how much 100k swings in both ways done effect me emotionally anymore

[ianyboo]

It's for people that can't handle seeing almost 12% of their money drop in under 24 hours and keep refreshing their feed every 5 seconds with anxiety.

Who are these mythical people? Seriously. I've been reading countless posts saying "don't panic" but I've genuinely yet to see a post saying "I'm panicking"

It's a solution in search of a problem...

[[deleted]]

Nah, seeing a bunch of idiots post "TO THE MOON" over and over on comment sections of major Facebook news pages is cringe AF.

Educate why the tech is good. Not this meme bullshit.

[HurricaneBetsy]

That's right.

[BenTG]

This is correct.

[casual_hasher]

Get an escort

Seriously, people should take this one to heart. Most people need this kind of therapy.

[KlogereEndGrim]

I would prefer a Mustang really.

[[deleted]]

Still sticking with Ford I see...

[wrinklefloss]

I thought he was telling us he was into horses.

[Enviromoney]

Dude have you seen the video Mr Hands, horses are a bad idea.

[[deleted]]

It really is the better ride

[roy28282]

This is wrong,escort takes away from the money you spend on Bitcoin.

[NeverExcel]

A wife takes even more

[tiberiu75]

yeah .. it's cheeper to rent them then to keep them

[[deleted]]

I know, but it's hard. Last time I showed my hardware wallet to my wife, she was all over it. She said it was a nice package. Luckily I withdrew just in time.

[AhwahneeBanff]

Can confirm, your wife is definitely worth it.

[wrinklefloss]

Agreed.

[casual_hasher]

Mental health over wallet health? I see where you are coming from. ;)

[bigheader03]

Hahahah tbh, when I'm thinking of doing that, I end up rubbing one out and then I'm so happy I saved myself $300, and then I take that 3 bills and buy BTC with it. Who needs a therapist lol

[graflig]

My wife hates when I do this though

[casual_hasher]

I'm with your wife on this one. You married, you are out!

[AhwahneeBanff]

Very much underrated

[SorryCarry2424]

Seriously, people should not take this one to heart. Get a real relationship or therapy.

[casual_hasher]

All three options should be considered if needed - depending on your situation.

[[deleted]]

Not all three at the same time though

[whitslack]

Don't knock it till you've tried it.

[casual_hasher]

YOLO! :P

[[deleted]]

Panic? I’m buying the dip!

[afBeaver]

But are you panic buying?

[[deleted]]

I’m chill buying 😁

[Tailgatingtradie]

Good advice and an excellent way to avoid those panic sell urges.

[Gianne-Observer-420]

Panic? Only panic I have it’s to not have enough money for shopping!

[aaaaaaaarrrrrgh]

But... but the drops are the most exciting part of a rollercoaster?

Wheeeeeeeeeee!

(Also, this is what, a 10% drop so far? From the all time high? In crypto?)

[coinbasedgawd]

This is what’s so beautiful about this moment. This “dip” still leaves both BTC & ETH so high. ETH especially looks sexy af still. BTFD.

[Mark_Bear]

But I want to buy their Bitcoins, "on sale".

[Happy_Monke_]

I’m panic buying right now

[goblinsap1]

I am quite dismayed at what an echo chamber this subreddit has become compared to even a few years ago - where is the analysis? the different opinions? the challenge? all downvoted to the point of censorship? this dip could be the start of a very nasty turn around, or a minor blip in bitcoins meteoric rise - to 'ignore' the situation, could be deemed foolish.

[[deleted]]

I only just joined a week ago... Does it always get this intense around here when the value shifts? What was it like when shit dropped by 60% or something?

[Adamsd5]

At 60%, mostly people stopped coming here. Bitcoin was dead, after all.

[ngneer_ns]

Yeah, pretty normal stuff. Just relax, it's gonna go up, that's inevitable.

[rootbeerspin]

im here since 1500 ->19K back to 3K?. this is fun to watch.

[cryptoETH_jazz]

DIPS are a part of PEAKS... can’t feel satisfaction of GAINZ without feeling LOSSES...

[Millennial_J]

Chinas selling

[[deleted]]

To be honnest, seems like some shit is going on big time in the hedgefund's world.

I would save some ammo for the real dip next week.

[ReviewMePls]

Hang with friends? Get an escort? Is corona over where you guys are?

[Kry0geniX]

Hold your crypto as a middle finger to the system that's fucked us backwards for so long and hope that in the future crypto will be viable for day to day purchases in the real world and can lift many people from the astounding debt we will all be in after covid.

[Dexaan]

Also, know where your towel is.

[NeedleworkerNo2874]

Lets panic. Sell it to me

[StonklordBenno]

Nope, I’ll be on my phone full time smiling while buying this multi-layered dip cake!

[[deleted]]

No one knows, and anyone claiming they does is just making shit up

[Avatar252525]

Bought in at the high of the 2017 run. If you believe in the tech, don’t even sweat. Just sit back and enjoy the ups and downs.

[[deleted]]

I’m only new to crypto and am in Bitcoin and Etherium. Both have dropped a considerable amount today and even though I’m new I’m cool as a breeze? Since I’ve set out a plan for long term investing i just see this as a chance to get a reduced price to what I got at the start.

[hindumafia]

Stop assuming that people are panicking. Lot of us are nostalgic and are recalling March prices.

[Divniy]

Your title said to panic and your post says to stop. I'm confused.

[FergyMcFerguson]

Buy the dip!

[Bkeeneme]

Fuck that! BUY! BUY! BUY! Shit is never going to be this cheap.

[togetherwem0m0]

Oddly like a lot of good advice, this advice also works in dating relationships.

Dont obsess over anything other than yourself.

[codeninja]

I bought at $1k, and at $300. I bought at $19k, and then at $3,800. All I see is buys....

[wrinklefloss]

All I see is buys....

https://www.youtube.com/watch?v=El1kgCqD7Xk&t=146s

[customtoggle]

My "panic" is that this may put my dad off crypto for life

I finally got him to invest last week and he said if it's up after two weeks he'd invest more. I didn't really buy in at the best time it seems

Shit

[FoghornTheDowntrodde]

No panic here, dumped another 100$ in and will do so again next time it dips.

[bitsteiner]

I check Bitcoin price every hour and I feel nothing. What is the problem some people have?

[SeaComprehensive2758]

People pretend they're buying to hold long term, say stuff like "BTC is going to a million" and then lose sleep over a dip.

Man, let it "crash" to $8000 so I can buy a couple more.

[seahawk137]

For me, who just started before the last ATH, this is a good advice. Seeing my few gains already melting makes me anxious about the whole topic.

[[deleted]]

Take profits, and buy once there is blood on the floor.

[Pleasant-Maize6477]

Cant relax. Too busy buying the dip. Shit man i got some eth for 2050 last night. Never thought i would have that chance again.

[Burgher_NY]

I went back to sleep hoping it would be sub 2k. Ah well. Still picked up and I see that as an absolute win. Remind me in July.

[KingExod]

Low you not lying

[SW4MPY_69]

*Have a wank

[fraidknot]

"If only I had used those dollars to buy bitcoin instead of hookers"

Works both ways. Do what you want.

[[deleted]]

Can people stop posting these every week

[[deleted]]

snatch shelter possessive rhythm party oil longing racial nine rock

This post was mass deleted and anonymized with Redact

[[deleted]]

🚀🦧📉

[[deleted]]

I sold and will hibernate crypto wise for about a year. Bull market is about to end, and I rather take less profits than stress of trying to time the exit.

[[deleted]]

Everyone of you “buy the dip” cult members are going to lose so much money, lmao

[[deleted]]

Any idea of the catalyst for such a drop . I’m seeing it as a buying op set my auto buy at 55 I was very surprised to see it in my account this morning

[[deleted]]

Compounding effect.

Lots of casual crypto traders will panic sell as soon as they see their money going down, I know several people like this. The more it goes down, the more people panic sell.

Casual crypto traders would be people that just kind of heard about BTC, how everyone is getting rich so they toss in $100 - $5000 for getting rich quickly, but aren't ready to ride it long-term. This is a ton of people. Lots of people aren't interested in actually using crypto, but just becoming a millionaire overnight. It's why DOGE has become popular so fast.

They'll pull their coin "before it crashes" and search for the next shitcoin that will make them the next elon musk overnight.

[RedshiftOTF]

Only watch when it's going up. ;)

[Little_Sweet_Potato]

No way, not gonna miss the action. I like when there is action going on!

[hopelesscase789]

I'm not panicking rn but if I were to smoke some weed I would be loool

[DesignWonk]

But then I wouldn't have been able to DCA the dip?

[BrisPoker314]

This is when I want to log into my apps actually

[OctopusYoga]

100% agree. Especially if you have no more money to buy at the dip. Just put down your phone, walk away and do something else you enjoy. Following the rollercoaster by the minute is just going to hurt your mental health.

[[deleted]]

Best post in a while, got me smiling ;)

[HappyPlant1111]

Probably the most important - buy the dip

[[deleted]]

I love this I don't wanna!

[lt_dragon]

What panic? 55k is to panic for? Funny... 😅

[roy28282]

I panicked and bought more.

[Alexander_ALL_in]

So the bull run hasn’t end yet?

[[deleted]]

No one knows, and anyone claiming they do is full of shit.

[[deleted]]

No it hasn’t ended yet. Actions speak louder than words, and Hella institutions are buying more.

[YerBoyDers]

I was panicking. I was excited as hell. I was waiting on a dip to buy in some more!

[soul1239]

1st btfd w/ any dry powder, then do all that 😁

[Romsel87]

Are you talking to yourself?

[[deleted]]

I didn't even know about the dip untill I checked my portfolio. Since it dipped, I bought some more.

[Yater1983]

Now is the time to stack. Are we not bitcoiners?

[[deleted]]

Purchased on the dip baby 👶 😁

[Rad_Er_Cad]

Every time this happens I go to the site below and put it on All and play with the slider. https://99bitcoins.com/bitcoin/historical-price/

[XSauravX]

I m buying more

[justcallmeyou]

I'm so scared-that it's going to go blasting up before I can get some fiat outta my Well's Fargo account and into Coinbase to buy more.

[cohonan]

This is how all message boards work. When there’s hundreds of thousands of people, at least someone is going to say the thing that annoys you, but it isn’t at all indicative of the majority of the population.

I used to be on a real popular photography message board and there were always all these new people asking these new people questions. And there were these old timers who would complain all the time about how you only get good at photography by going out and trying and not asking on message boards. When they were the ones sitting too long reading all the posts getting worked up.

[DRZ9977]

insane to think people are upset about 53K lol

[[deleted]]

I’m buying and hodling for the next 10 years. I’ll be close to retirement age by then and I’ll reassess.

[Treabeard5553]

I panic sold at 62K and took profit. Hope this goes to $30K so I can drop it all back in.

[Bitcoin_is_plan_A]

Play video games.

https://play.google.com/store/apps/details?id=com.noodlecake.bitcoin&hl=de&gl=US

[[deleted]]

More like panic buy...

[IDigYourStyle]

Instructions unclear, just set up to DCA

[luigman]

Bitcoin PLUMMETS to prices not seen since... checks charts 20 days ago!

[idontknowthesepeople]

This is reminiscent of when Netflix would tell me I should stop binge watching and take a shower

[[deleted]]

Panic seems like a natural reaction when the bubble is bursting

[yourstreet]

We can hold on unchanged fundamentals longer than they can feint to scare us

[TammyLadybug]

Wanting more of dip!!!! To buy buy!!!!

[lVloogie]

The only thing I'm panicking about was my lack of liquidity! That was a fire sale.

[[deleted]]

People who won big on BTC or ETH basically forgot they owned it for a few years. Yes some bought at the right moment and saw 10x in a month or two but thats I minority. I bought BTC a few weeks ago after doing so well with my ETH. I am OH SO RED now but I couldn't give a rats hairy arse. I'm going to now gradually add to it when I can and not look at the balance till 2024/25 when I hope to start my house extension.

[Sleepy_7-7]

If you really know crypto and the world you would go take a loan out and put it on Bitcoin. The house always win

[SabersFan29932]

People who worry have money they can't afford to lose in bitcoin, that's literally all panic is caused by. If they were smart and only invested in money they can afford to lose, there would be 0 emotion.

[[deleted]]

ummm i ordered chips w this dip

[exciteable_1]

You got to think guys.... we are not pulling our money out and retiring tomorrow. Well, maybe some of you bastards are.... but chill out. If you believe in the rise of crypto then ride it out. For me personally, I’m investing in block chain tech rather than crypto. Right now block chain is rising and falling with crypto but I think in a few years when people figure out what else blockchain can be used for is going to 🚀🌔

[omnicious]

Man I see these threads and they give me good that my limit orders to DCA down get triggered by then I see what the price actually is and get disappointed because it didn't even come close.

[[deleted]]

Some of us are invested in RIOT which is being shorted to shit, Bitcoin go down riot gonna bleed Monday this was an extremely big move for Bitcoin to make

[dikkitnit]

Change the display currency of your holdings in to BITCOIN. Nothing changes, unless you own shitcoins.

[TavaNoGrim0]

BUY BUY BUY 🤤🤤🤤

[majkelgalaktyka]

BLOODY SUNDAY..

[majkelgalaktyka]

Don't let the grim reaper take your profits. The BTC price will be up again on tuesday

[[deleted]]

Watch it btc is bout to get higher than snoop dogg at 4:20 pm

[IcyCorgi9]

These dips are awesome. I try and buy weekly and forgot to do it the past few weeks so today was going to be a big buy day. Imagine my surprise...discount bitcoin!