Daily: Surviving the Dip
Today Bitcoin and other Cryptocurrencies took a major dip today. Bitcoin almost drop 18% with potentially larger dips in other cryptocurrencies. The blame game has started with fingers pointing to South Korea and China. I was lucky enough to visit Seoul Bitcoin Center and found that there isn't any bad news coming from the government here!
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market is red every where... red!
Good... smaller investors can become whales in time as well now!
https://steemit.com/bitcoin/@maykocan/why-is-bitcoin-are-being-asked-to-create-the-wrong-perception
Thanks, great video! I just posted some updates on several coins.
IMPORTANT Coin Updates (BTC, ADA, BTS, EMC2, ETC, GNT, SBD, STEEM, XVG)
https://steemit.com/bitcoin/@benkalashnikov/important-coin-updates-btc-ada-bts-emc2-etc-gnt-sbd-steem-xvg
Surely you be used to it now =), hold and buy. Take everything give them nothing.
@eight-rad that is well said. My thoughts exactly.
Starting Jan 7, 2014... BTC crashes -23.13% (24 days before Chinese New Year which was Jan 31, 2014)
![](https://steemitimages.com/640x0/https://steemitimages.com/DQmSg9Sd6wCkw7febtiqp1AcF81WnTSWPy4BnPktfSPKcni/image.png)
Starting Jan 26, 2015... BTC crashes -32.35% (24 days before Chinese New Year which was February 19, 2015)
![](https://steemitimages.com/DQmd6boDUZa3gxwWzDMKSg3HWsbkTJu8Bh6NnkCfoB4himr/image.png)
Starting Jan 15, 2016... BTC crashes -24.19% (24 days before Chinese New Year which was February 8, 2016)
![](https://steemitimages.com/640x0/https://steemitimages.com/DQmWT8EmU2Qvp3skNMMyKKqcJGn1cz3GabpLcys5yRvwXfz/image.png)
Starting Jan 5, 2017... BTC crashes -35.39% (23 days before Chinese New Year which was January 28, 2017)
![](https://steemitimages.com/DQmWkvWVDFoqBRHWe3HPXBCCa8QqdA4RRg7RACUYUDNPXZK/image.png)
Starting Jan 24-25, 2018... will BTC crash 25-35% to continue the trend??? (23-24 days before Chinese New Year which is February 16, 2018)
![](https://steemitimages.com/640x0/https://steemitimages.com/DQmZPdc72mYDc6C6HWVLNrzSj9VYNp7sKuGYREhPAptbNj3/image.png)
Very nice :) exactly my point too sir.
Unfortunately yes. We will see $9,000
Interesting seasonality there... However, if the China had already banned trading, how are they having so much influence on the price?
Think they banned trading jn september and lost billions when bitcoin went to 20k..so dont think they will ban it anytime soon..if they do like s korea it wont be permanent ...lots of money to be made for countries trading crypto
Charts dont lie!
It is f*cking bloody!
When you see so much red.. is the best time to buy more..
The dip is over! everything is on sale! the next stop is 50k!
It's easy don't think about is as about lose and buy more
hodl
Ya, I decided I wasn't going to check it for a while too......... maybe I lasted a little longer than 20 minutes! So true about that Reddit comment.
I've checked 100+ times a day lately, no joke
lol thats hilarious same exact thing here... I was like im just not gonna look not watch till i start hearing buzz of the bounce back but i been on a hundred times watching the blood bath... ohhh We shall recover!! we been here before. thats what i keep saying
panic