r/Bitcoin

2021-05-17 20:37:34 We’ve seen this play out before. A year from now, we will look back on May 2021 and say “I should have bought the dip.”

I’ve been involved in crypto for a long time. Whenever it comes to a point where people are buying and selling based on tweets, the market corrects. A year or two later, those corrections never mattered. Bitcoin is bigger than any one person or company. How many posts have we made here where we “should have bought” at $200? $1000? $3000? $10000?? These dips don’t matter, either you believe in bitcoin long term or you don’t. And if you’re going to sell based on one man’s tweets, maybe you should buy something else instead.

HODL

https://redd.it/nej9d9
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2021-05-17 19:37:36 ARK weighs on Elon drama, is firmly on Team Bitcoin:
https://twitter.com/ericbalchunas/status/1394297139157733381?s=21

https://redd.it/neidyn
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2021-05-17 18:37:48 94.33% of mining power has signaled for Taproot

BTC top has signaled for Taproot in their most recently mined block. As of 0933 EST 2021-05-17 94.33% of mining power supports Taproot.

Taproot will not be activated during this difficulty cycle, but there is a good chance we will hit 90% total block support during the next difficulty adjustment period, which behind in approximately ten days.

https://taproot.watch/miners

https://redd.it/negi4x
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2021-05-17 17:37:36 Poor people are selling their bitcoin to rich people just to buy it back at a higher price in 3 weeks when the headline says: „bitcoin grows 15% in 24 hours“



https://redd.it/neg4s0
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2021-05-17 16:37:45 Saifedean on Pedo Musk : "You better sell all your and your company's bitcoin now or you're going to look like a pathetic hypocritical coward. Sell all your coins you corporate-welfare whore! Sell it all you rent-seeking leech!"
https://twitter.com/saifedean/status/1394174804593463298

https://redd.it/neb9v5
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2021-05-17 15:37:45 That's it i'm selling charts not looking good it's crashing

For real take a look at the usd/btc it has been crashing for weeks! Sold my fiat and bought more bitcoin see you guys at 100k

https://redd.it/ne9xcr
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2021-05-17 14:37:41 To all the crypto newbies like myself - if you invested what you can afford to lose and plan to hold for a long time, you have no reason to be worried! Here is my personal experience:

I started buying crypto this January and my portfolio already doubled which made me greedy and super scared of any dip as I thought this could be the next bear market. It eventually led me to try day trading and I quickly lost $1500 because I was blinded by imagining myself driving a lambo.

The lesson I’ve learnt is that as long as you invest what you can afford to lose and buy crypto that you believe in, you can stay calm even during dips or a brutal bear attack. I FOMOed into several coins that ever having their moment but ended up selling them because I didn’t have confidence in holding them for months or years to come.

There is only few now, with Bitcoin in the lead, that I really believe will have a tremendous value in the future. That’s why right now I keep my coins in interest accounts (I know - not my key not my crypto) and trying to use all the extra cash I have to buy the dip.

I might not make 100x profits this year or ever in my life from crypto but my short journey has so far been really great and I know that in several years I will be thanking myself for not being afraid and HODLING since 2021! I’m sure that we’re still very early in the game.

Last tip for everyone who’s experiencing anxiety because of the recent drop: if you really planning to HODL just stop checking your porffolio, go take a walk, talk with your family or play some games. Sooner or later everything will be alright

https://redd.it/nearo6
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2021-05-17 13:37:43 Pls stop talking about Elon. Bitcoin has been successful without him. It doesn’t matter what Elon says. Just ignore what he is saying. He is not Jesus nor the crypto god.



https://redd.it/ne9dxe
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2021-05-17 12:37:28 Anybody else feel relieved this dip finally happened?

I hate the feeling but at the same time I'm relieved it finally happened. We all knew a 30% dip was coming. If not now it would have happened at $100K. Probably will happen at $100K! This price action is totally normal for bitcoin, my resilience atrophies during the bull runs.

https://redd.it/ne3knm
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2021-05-17 11:37:39 Elon confirms that Tesla has not sold any bitcoin: "To clarify speculation, Tesla has not sold any Bitcoin"
https://twitter.com/elonmusk/status/1394170030741413888

https://redd.it/ne87qw
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