Why Bitcoin Price Action is Making You Nervous
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- čas přidán 10. 07. 2024
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00:00 Bitcoin Price Action
02:20 What You Should Do
03:02 BTC Bottom
#Bitcoin #BTC #crypto #cryptocurrency
When do you think BTC will bottom?
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Not nervous, just numb. Respecting the process and remaining patient.
Same same .... just chilling 😊
Now’s the time to blindly buy. 🎉I’ve been here since 2015
People are actually worried about altcoins, not so much about bitcoin yet
This I agree with. My BTC is still in profit. But some of my alts that were over 200% are now getting close to 60%. Some are under now. I bought at the bottom last year. This is only my second run. Started Jan 2021. Still learning.
Nervous??? Nope
Bought the dip like life depended in it.
Wish I was a whale 🐋 🐟 🐠 🎣
Cheers Toby.
I survived 15.5 k .
IF YOU SELL YOU ARE NOT CUT OUT TO BE IN BTC.
Please continue to tell us how great you are and who's cut out to be here. Randos on the internet are the best
Just bought more!
Leverage makes great buying opportunities. Do what the whales do. The carry trade unwinds slowly and then rockets the price. Standby for rocket up. Toby is so right. Started following him 4 years ago and slowly came to the realization, he and and Heidi are good OGs in the space. Thanks for keeping our emotions in check CT.
I am not scared. I just want it to crab along until the end of August.
Seems like a very organized drop to me ,it's a fact they will do what ever they have to drop to own your Bitcoin
staying cool, DCA
Btc is better than fiat. Pick your fighter 🥊
But will never be better than Ethereum. That's the prize Blackrock really wants.
@@perthian government created eth, oh ya sure 😂
59k and tanking still..
Back up stabilizing a bit here.
I've been trading Btcoin independently for the past six months but have been experiencing losses, It’s a bad psychological position to be in. My heart felt like it was going to explode and I lost too much sleep over thinking about my positions. Any last minute tips to improve my situation???
How are you trading btc and losing money? Buy and store it in a wallet and hold until the end of the current super cycle, around 2030. BTC should drop in price at the start of 6th super cycle. Buy it back and sell at peak of 6th super cycle
I feel your pain and for people that take losses and keep trading, kudos for your dedication, but remember to take care of your health too
I will advise you stop trading on your own if you keep losing. And i don't trade on my own anymore, I always required help and assistance
Honestly I really need help winning trade. Seeing my portfolio low makes me very sad.
Building a good investment portfolio is more complex so I would recommend you seek Dave’s support. This way you can get strategies designed to address your unique long/short-term goals and financial dreams.
Leverage is also exacerbating these drops because the leverage is being played and whales scoop up the leveraged longs and shorts, making money both ways. They then use that liquidity to buy more Bitcoin, making it easier for them to create bigger drops in the future.
I'm not scared I'm just annoyed. I feel like the last halving had a blue sky break out and now I'm spoiled from that.
The halving was only 2 months ago - it takes around 4 months to go up again this was expected. Just hold and wait another 6-8 weeks
Last Halving was in May 2020. Nothing happened for several months the last time. There was just no “sky breakout” until November of 2020. Why should it be different this time?
Buy and hold your BTC. Dips become virtually meaningless.
Good info and good data. Thank you sir.
Great vid Toby
Scared? I need this crash and panic! Give me more cheap Bitcoin!
I Love RED CANDLE SALES 🤑🤑🤑Remember people, we BUY RED, SELL GREEN 👍🏼🇨🇦
I am buying the dip.
Most people are just annoyed that we didn't take profits around the $70k mark. I'm pretty sure nearly $600 million left the ETFs also. The question is despite the ETF pre-halvening rally and the drops that result from their outflows, will Bitcoin follow past trends and still have a normal rally expected a year or so after the halfing event?
I'm buying BTC, ETH, and SOL. I'm doing it DCA style because I've been burned by putting too much on at once. I use a hybrid of DCA and VCA (Value Cost Averaging). As prices go lower I increase the frequency of the buys a little to get more at lower prices.
Same. I believe thats the best you can do without being an obsessive basement screen troll. Couldve done better with dog and frog but,,,,;not me
Thank you Toby. A good time to be Dollar Cost Averaging and Stacking. Can you say when Heidi's book will be available and where one would get a copy?
I'm buying and holding
$58,270 local bottom, then more sideways all summer.
in June 2020 $9,000 wasn’t the local bottom. It was at a 2.5x from the bottom in March 2020.
You can’t rely on past performance because outside factors like the global economy are different.
The longer you are in Bitcoin the more the rhe price drops excite you.
Ma man with the master plan!
Scared and Loving it 🤗
This is a great dip for anyone that has yet to become a whole coiner… Good graphs and explanations Toby 👍
Comparing to 2017 is pretty idiotic it was a completely different anima back then
"Btc doesn't wait for anyone..." - Toby march 2023. Hahaha
Sell everything now. Toby wasnt fast enough.
These drops seem almost normal, healthy and cleansing, unlike the S&P, which is likely heading for a likely apocalyptic reversion.
bottom at 30k ish would be a nice discount to pick some up at for sure.
Best market strategy of the last decade, DCA falling BTC then Hodl the eventual rocket
No. Toby I'm buying for the long term... Four purchases in the last few days... Ready to buy double the size per transaction if we get into the 50s again
We're about to have some volatility on next Friday
We won’t see drops in % as large as 2017, since the MCap then was much smaller, needing significantly less money to drop hard, and Bitcoin did a 20X
Fire sale wheeeew. Buying more SATS all the way back up to new all time high.
yes don't panic now, sell it all at the bottom!
Im not saying we're done but 200 ma is around 57,000 and you know what it means if we drop below that.
BTC, LINK, ICP and ONDO are on sale. Buy up!
The cheaper it goes, the more i can buy.
So we going to 50k?
If you believe in diminishing returns, you should also believe in diminishing volatility..
I want follow too :)) , but you never take XMR topic up ... :))) why ?
I was around the bull in '98, and it didn't really kick in until the fall!
Down to $58.6 k today for a bit… now $60k. Vs ur 8 hour old video when $62k …
I still agree with you but it is a bit ugly 😊
No, im not scared. Im buying. These balls are steel.
“Laser eyes protect you from all the lies”
I'm taking up golf something more frustrating than crypto to take my mind of it!!
Landlubbers need to paddle to shore and stay there.
Hold
In since 21 no leverage drop baby drop
BTC 39.000 🙏
I'm so very nervous coz UNABLE to buy some more of this drop
Easy when your long
"If you bought back in 2010...." (interrupting) "I don't remember you showing me chart after chart after chart in 2010 ha!"
i would like the price to stay low til end of month so i can stack some more at a good price.
👍
60k? No problem! 55k? No problem! 50k? No problem! 45k? No problem! Just remember: a 50% drop requires a 100% rise "only" to recover!!!! Golden rule... just remember that!
I'm only bummed because I get paid on Wednesday and I had no available money to scoop up those deals on Monday.
Shhhhhhhh! you are pissing off the manipulators :)
The feds ain't printing. Or lowering interest rates. Why would btc pump? Started investing in btc because I thought it had nothing to do with the markets. Now I see they are heavily correlated to each other. Really negative now..
Always printing. What are you on?
I agree with you on this..The ETF's opened up total manipulation..I knew this would happen.
Take a look back into previous bull runs, you’re clueless - go buy some Gold or Growth stocks
nervous shit
I'm buying STEATY
my favorite thing is on sale
We have numerous top signals happening right now..How can u just ignore that?
Just DCA at every drop with long term vision. No complains please
When in doubt, zoom out! 8-)
I like $ go up
is there a big possibility that Bitcoin price will drop to $50,000 or even lower by the end of 2024?
sure, but it will go up again because it always does
Why not compare it to 2021? Why 2017? Institutional money came in last run right?
BTC is not private, XMR is. ;-)
Only down $11.000.00 means you bought much lower so no sweat. For those that just got in after the "to the moon halfling" This is a disaster!
Scared not scared laughing my head told you all last week by fri it be under 58k so obvious all them puts options plus grayscale dumps end off month 😂
I would love to see an end to many of these meme coins, seeing Ytbers now creating meme coins and rugging their own communities , when that happens somethings about to happen.
Why Bitcoin Price Action is Making You Nervous? Because we probably don't believe, but we might be entering a new bear market.
??? So what happens if we go to war ???
Fox news will still blame Obama😂
You'll need your Bitcoin to get to a safe country
No. Iam out 😅
I agree BTC is more than dollars. However, Wall Streeters think it is dollars.
More money in the market cap comes with more manipulation. But over time, less fud
BECAUSE I'M OVER LEVERAGED 😂😅
But in fact not, I'm not
There is literally no youtubers or influencers who believe that we are done with the bull market.
Because the Bitcoin 4-year cycle is real.
Germany selling
Bro you might be on to something saying they are leveraging 🤣‼️‼️ thats gonna literally kill them big money players💯💯 i think you might be right
The more people who truly understand the more every dip will just get ate up. Especially when the people who really dont need money truly understand. Governments or big position players will only be able to manipulate the price so much. Because at a certain point, no matter how much they sell, it will almost immediately get ate back up, and not given back… and they want the most
People are taking a profit to go on vacation. No worries chill
Only rookies get scared
Well those leverage bods will have to learn their lesson...if not, they're more idiotic than I thought!!
We are not in 2017. Blackrock doesn’t care about your feelings!
People that leveraged...that's their concern.What surprised me are the noobs...they're scared because they're zooming in.Zoom out people ! Look at bitcoin performance from 2009 till now 2024 ! Look at the charts from far people.Combined yearly performance not minute charts...hourly charts...daily charts...weekly charts etc.If you continue looking at short terms period bitcoin performance charts....it'll screw you mind up ! Not worrying one bit !
Bag holders
Sending btc? It's a freakin dinosaur. Wait til they announce who satoshi is.
Toby is getting scared. He's whistling in the dark.
Bro,what you inhaling.
No he is not.
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wtf is this video quality, it looks fake
bull market is cancelled
this vid looks like ai generated bs.... you are not seen credible is such producions
Btc can be copied by other crypto which are better than btc. Nothing technologically special about btc.
You're ignorant 😂
You might wanna start studying Bitcoin if that's what you believe. There is no other crypto like it right now. You can copy it all you want the difference is whoever copies it won't walk away from the project and they will give a bunch of their friends and family coins on startup. Bitcoin runs itself and is the only crypto that uses proof of work except Doge coin. Many other reasons but I don't feel like explaining to ignorant people. Go buy your shit coins and have fun losing money.
@@chrismcalister4428 pyramid scheme just like any other, nothing special about the crypto , it can copied