Bitcoin Dumps to $53K, Time to Panic?

The stock market is strong and jobs numbers look great, so why is Bitcoin crashing? Isn’t Bitcoin supposed to be a store of value? Are you ok?
These are the questions Bitcoiners get on days like today where the price of Bitcoin fell as low as $53k.
Dante shares some of the ways he responds to questions like this and gives some investing wisdom to hold onto as you weather the storms in your Bitcoin journey.
► Connect with Swan Bitcoin:
✓ KZbin: / @swan_bitcoin
✓ Twitter: / swan
✓ Instagram: / swanbitcoin
✓ Telegram: t.me/swanbitcoin
✓ LinkedIn: / swanbitcoin
► Swan Bitcoin is the best way to accumulate Bitcoin with automatic recurring buys and instant buys from $10 to $10 million. Start your Bitcoin journey today, and your first $10 purchase is on us
✓ swanbitcoin.com/yt
► Download the all-new Swan Bitcoin App
✓ www.swanbitcoin.com/app/?utm_...
► Join us for Pacific Bitcoin Festival 2024! Purchase your tickets now before prices go up (Fully Refundable Until February)
✓ ⁠www.pacificbitcoin.com/collec...
► Secure your bright orange future with the Swan IRA today! Real Bitcoin, no taxes
✓ www.swanbitcoin.com/bitcoin-i...
► For high-net-worth individuals and corporations seeking to build generational wealth with Bitcoin, Swan Private is your guide
✓ www.swanbitcoin.com/private/?...
► Want to learn more about Bitcoin? Check out Welcome To Bitcoin a FREE Introductory course. Learn about Bitcoin in under 1 hour!
✓ welcome.swanbitcoin.com/
► Get paid to recruit new Bitcoiners by joining Swan Force
✓ www.swanbitcoin.com/enlist/?u...
WARNING: Beware of scammers who use Swan's image and name in the comment section. We will never ask you to contact us through KZbin. If you have any questions and want to reach us directly, follow our Twitter account @Swan and send us a message.

[@Swan_Bitcoin]

WARNING: Beware of the scammers in the comment section that use Swan's image and name. We will never ask you to contact us through KZbin. If you have any questions and want to reach us directly follow our Twitter @SwanBitcoin and send us a message.

[@user-wg2vw3mz1v]

@Swan_Bitcoin It's not time to panic, it's time to *_POUNCE_* !

[@bapibapi5672]

Don't let the crypto crash distract you from the reality that Elon's new XAI80K is currently printing millionaires.

[@aminromero8599]

Scam

[@fazotakeiteasy]

Bitcoin is on sale. Thank you for dumping - I'm buying.

[@Well_Read]

💯💯💯

[@aaso2828]

bought 1BTC from this crash

[@Well_Read]

Nice! My goal for this year is to have 2BTC

[@Ekzt21]

Well done, don’t be greedy buy another 0.2 Maybe it dips more. But this is still a solid dip.

[@pomp4401]

It's going to $30k

[@darrencarter8468]

Legend status achieved!

[@TheStevethebungee]

Hope so time to stack ​@@pomp4401

[@geoms6263]

Time to Panic let´s buy

[@JimmieJohn]

I’m selling this bullshit

[@user-wg2vw3mz1v]

​@@JimmieJohn 🤣

[@user-wg2vw3mz1v]

It's not time to panic, it's time to *_POUNCE_* !

[@Ekzt21]

This is one of the most important years for Bitcoin . ETF approved. Trump pro Bitcoin . The planet just can’t ban it now. This dip a steal! Thank to this dip , my grand grand son will buy a lambo too.

[@Ekzt21]

@@JimmieJohnYes sell those stupid dollars.

[@andrewthompson5242]

Time to buy.

[@JohnTurner313]

"Stay calm and stack on." Love it! Thanks, Dante and Swan! 👍

[@sahilvlogs-qp9mt]

XAI80K movement begins and everyone is like acting crazy. Let's bring it up!

[@FrankGallagherr]

Scam

[@chrisd8968]

Bought an extra .0003!

[@onehappydawg]

Me too 😎👍 DCA all day

[@JimmieJohn]

You killing dat a$$!!

[@davidarkshob2612]

Awesome what a great way to spend a 20 dollar bill

[@user-wg2vw3mz1v]

Five bucks and change worth LOL That won't even cover the TX fees when you go to move or sell it 😂

[@DanJohnsonAffordableAviation]

Dang! You know what? You're GOOD at this Dante. Another strong report. I've been in media for 50 years and I'm impressed.

[@CC-ii9hg]

Smash buy today, bro.

[@tracyt4327]

Omg, there is blood in the streets!.... Just bought more. Thanks Uncle Rome.

[@pedrofussell5402]

I have 0.013 share of a bitcoin! Hopefully if it stays at this level on payday I can top up and reap the benefits of this low. When people are telling you not to buy, that is the time to buy. When people tell you to buy that is the time to stop. Thanks for these vids Dante❤

[@Coover90210]

You are half right. When others are greedy you STILL buy. This is because we are still early in the adoption curve, unlike a traditional stock or real estate investment. You want to hold on to your BTC until full adoption. You will know that has occurred when most paychecks are denominated in btc. GL!

[@koohami]

I was scared in the past. I live in a third world country, and I have been in Bitcoin for a while. We have all heard about these chrashes

[@DKBOYS644]

Good news XAI80K will be added to Binance 🚀🚀

[@BidobaGonduba]

@@DKBOYS644 once it’s added I’ll buy it scammer

[@Yotaciv]

I prayed it would drop because my wife has an inheritance check to cash on Monday. Lol she got in near the top, needs to lower her average price Thanks be to God, praise be to the Lord.

[@SuperheroArmorychannel]

My question is; who the hell is selling? Why would anybody be crazy enough to sell?

[@vincentdegennaro3375]

Mount Gox, German government and US Government

[@kirkD9349]

Govt has never been very smart.

[@danmanr]

Maybe they are trying to get the price lower so it costs them less to confiscate all the coins on Coinbase, where all the ETF's store BTC.

[@gwynedd1]

@@vincentdegennaro3375 Leveraged longs and stop loss too.

[@BidobaGonduba]

@@kirkD9349 govt is trying to create fud and shake off baby hands so they can swoop in and buy cheap.

[@imisskatelyn9517]

Dante is slaying it with love.

[@motopolak]

By no means am I an OG but I rode the 2021 peak of 69k all the way down to 15.5k…. And people are scared of 73k to 53k? 😆 Excellent reminders here Dante. Keep buying…. Don’t sell!

[@PinakiGupta-sf2fk]

I have been riding from 2017. 53k is already here. Its basically how low it can go is what ppl thinking. Also each cycle we are making less and less gains and the explosive crypto adaptation never came.

[@motopolak]

@@PinakiGupta-sf2fk Even if your argument that "we make less and less gains" is true, my purchasing power is still increasing simply from HODLing. There's literally no other better lifeboat to be in, in my opinion, unless maybe you have real estate that cash-flows, which most normal people do not. Bitcoin or bust! Lol

[@PianoPsych]

Excellent video, Dante! Thank you.

[@adrianlopez3373]

This kind of dips put hair on your chest and it’s nothing compared to previous ones! We gotta be wise enough to know how and where to spend our gains when we get there.

[@DontDieSenpai]

Smashing buy!

[@NinaKrebbers]

Time to stock up!!! Time to be excited and clear 🎉

[@davidedsall9362]

once again out of the park the best one you have done.

[@Aaronymous_71]

Great stuff, Dante!!

[@Ekzt21]

Omg!!! I panicked !! And bought the dip. What am I doing?? Wait.. That’s actually a good thing…. All good. I said nothing. Delete.

[@deanmikalauskas2826]

Thx Dante. Your words are true and calming

[@andyjohnson9402]

Adjusting the jobs numbers lower by 35% after the official statement. Sums up the Liberal party.

[@InvestBetter.]

When you follow your feelings, they will hurt you even more.

[@veritasmatrix7593]

Thank you, Dante.😊

[@kirkburns1308]

Thanks for the videos. Keep it up

[@everythingwave]

Great vid. Should rename: “AMERICAN WITH NO BITCOIN? TIME TO PANIC!”

[@danamon4077]

Excellent content!!

[@MyTube4Utoo]

_"What's going on with Bitcoin?"_ The crypto gods are giving us another chance to stack coins at bargain basement prices. They're nice like that.

[@kenczerwinski6365]

Keep stacking!

[@cesuntbanii]

love this vids! keep em coming. thanks!

[@user-bi6dd7cc2w]

This is fantastic for investors. Doesn't anyone remember BTC history. Things often repeat themselves in high volatility markets, most already know this, but some choose to ignore this. HODL.

[@gogogogov8463]

Bitcoin to 38k

[@staff8518]

Amazing info .. great analysis.. common sense stuff. Ignore the FUD

[@SlightlyCrypto-]

When Bill corrects himself saying 'almost' 21M! He has done his research. There is no Bitcoin, only Satoshi. Integers. No floating points.

[@bitcoinpoemspro1406]

Thx Dante

[@SSJUFC]

The best video yet 🔥🔥🔥🔥

[@Shinehead3]

Nothin but a sweet DCA Summer 😊 Buy, Stack, and Chill 😊

[@JeffFlowersgoogle]

Thank you for these. And yeah, I'm buying the dip!

[@MarkOfBitcoin]

Great video to share with doubters. Thanks!

[@FrankGallagherr]

It’s going to $17k

[@Godsservant778]

Great video

[@defaultdefault812]

BTC is going nowhere until the net selling pressure is complete.

[@MrJules409]

Great explanation

[@mr-qu6mj]

well done, Sir

[@djplexiglass]

Thanks for having a longer episode, since there wasn't one yesterday. God bless😄

[@kirkD9349]

Thanks for the excellent data, charts, and encouragement, Dante! Bought 3x on the way down. Got more btc for the same fiat amount. People who are panicking are fiat traders.

[@blackthai5023]

tis but a scratch

[@ArndBrugman]

Real Estate has a great future behind it.

[@18cutleryco]

When you bought cycles ago it’s still a store of value!

[@InvestBetter.]

3:45. Was this guy in "American Pie?" "And then another time, at Band Camp......"

[@michaelsilva2648]

You always convey search knowledge and wisdom. You offer a breath of fresh air in a world of confusion and misrepresentations. Thank you

[@Raven28Pisces]

I've been waiting for so long... HODL ON... 🤣🤣🤣

[@anthonyC9199]

Time to buy

[@gh-om3pk]

Stay humble and stack sats with some diamond hands.

[@sarashah1558]

e-tuk tuk is driving change in the transport sector 🚛💪

[@millenialmemoirs]

Buy buy buy

[@TheStevethebungee]

I don't mind i bought the dip again

[@ayeshashehzadi-j5z]

Pepe Unchained's MACD crossover is signaling a buy 🐸📈

[@whybri4593]

💪🏻 $BTC

[@blindSilver3090]

Caught a nice long on the way up, eased the pain.

[@vincentdegennaro3375]

Ah Gold, estimates there’s 3 TRILLION Tons of Gold in the Earths Crust, only a matter of time it will be dug up..

[@joemama69448]

I'll nibble at these prices but it's too late to go hard. 2022 was the time to buy.

[@nznerdboy]

Too late depends on your timeframes. Too late for 2030? No.

[@world-uk2vj]

Possibly still a small amount of fall to play out still.

[@kevinm7523]

People think BTC and crypto in a more general meaning being (a store of value ) think that means it cannot go down. All it means is it will trend either sideways during a medium time frame and upwards in a long time frame versus fiat currency. It's still in a volatile market, especially since it's nacent, but the downward dips, whether during a bull or bear markets simply give you buying opportunities. The LARGEST problem with crypto is it attracts everyone who has no concept of how markets/ economies work and simply jump in with the false sense of hubris that they can input a few dollars and become millionaires over night. Because they read or hear hyperbolic stories that sound good but are usually missing key info, such as this person bought BTC in 2015 at 300, and now they are multi millionaires

[@1528StCyrille]

Mic drop!

[@mistapikkles]

Double bottom... Buy it.

[@kwekuadedimeji6515]

Thank you, Dante! I am a young man, a Millennial from Africa and I have 0.03 BTC currently. I got on the stacking train 2 months ago, and it is my desire to at least double this amount before the year ends. My immediate major goal is to hit 0.1 BTC, before the Bull run goes full swing. Bitcoin needs no convincing of anyone at this point, however we can only be inspired by people like yourself who keep bringing superior arguments over fiat sentiments. The crypto market is dipping and it is amazing. Panic is the last thing I feel right now and all I look forward to is more opportunities to keep stacking. BTC to me is total freedom, the ultimate financial liberation. Thank you very much for this and as a follower of Swan Bitcoin, I can ill afford to appreciate your efforts.

[@ShinghaHyeong]

No sell button? That is siiiick😎

[@onehappydawg]

Shaking out the lettuce hands and giving a chance to us that can’t afford much to buy the amazing dip 😎

[@24theMoney]

Its called the late comers FOMOing into BTC are exit liquidity and bagholders now. No different than the stock market my man. Always about the entry price.

[@HelenCynthia-xf8tp]

*Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires*

[@DeanAbelsen]

Hello , I am very interested. As you know, there are tons of investments out there and without solid knowledge, I can't decide what is best. Can you explain further how you invest and earn?

[@JulieSalting]

Same, I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Andrew Louis Stella, has been an amazing experience.

[@vagitawaltz]

Hello how do you make such monthly?? I'm a born Christian and sometimes I feel so down 🤦‍♀️of myself because of low finance but I still believe in God

[@fulougeeMaxwell]

I'm favoured, $90K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America,, all thanks to Ms Louis Stella 😊🎉

[@Haliyaiowa]

Good day all👍🏻 from Australia 🇦🇺. I have read a lot of posts that people are very happy with the financial guidance she is giving them ! What way can I get to her exactly ?

[@hankthetank1964]

Everyone's goals are different. I want a nice retirement, One, I deserve, after working for 32 years at the same nuclear research facility. At the same time, I want my kids to be OK. So I buy bitcoin for both reasons... to supplement my pension, so I can live the life I want and still be able to leave value to my children when I'm gone. Dante, you and the SWAN team are the sharpest knives in the drawer. Excellent video, very informative. Thank you.

[@positivetradingofficial500]

With all the amazing news btc failed to make any significant upwards movements not to mention alts. Alts didn't even leave the bearmarket zone.

[@NetraAmorosi]

They also only count homeless people actively looking for a job / on unemployment. The actual unemployment is going to be much higher then reported.

[@eddiefelson782]

2009 BTC at $0.0009…..what else do you need to know …..

[@kitnoCC]

Howard Marks in the GOAT

[@lovepeacebliss]

The whole point of feelings are to follow them. Its your true self pointing you in the correct direction

[@apochkin]

Unless somebody is manipulating them 😊

[@motopolak]

This mindset is how you get the 50%+ divorce rate. People are weak and follow their feelings too often.

[@user-hx8vs9ju8b]

❤ing it. Crash more please.

[@hansyounga]

this one time, at band camp.....

[@eddiegill]

Workers switch to renovations

[@stevedre1]

Your real estate comparison is correct for BTC but the acceleration curve is already far greater than real estate, and will continue its upward trend. BUT real estate IS more utilitarian and will remain a strong investment. You cannot live in a BTC, Just sayin. Once the realization that BTC is undefeatable by the majority, world wide, it is a launch pad.

[@LeonIngram-n9h]

I have it in my mind that Pepennedy will be the best project this year. What do you think?

[@ErinSabah]

dont panic mt gox doing it for almost 6 year so stay on longterm invest im on eth and mx and joining events profit high enough

[@88gcllc]

Time 2 DCA

[@raymonddewit9182]

Just bought extra

[@kiranshehzadi-v4h]

Mega Dice Token's Range Action Verification Index breaking above zero line bullish momentum confirmed. 📈🎲

[@vincenttacraebnam8379]

I get zero texts 😂 Lone abandoned wolf - let BTC crash more so we can DCA more with our paper 🙏👍🤞every time I buy more BTC I know one day all the Blackrocks (the ETFs) will make it worth more than the pieces of paper that get printed like scam coins

[@duncanbarger7101]

Bought an extra .08

[@JeremyHelm]

3:44 oh no! It's doing it again!

[@JeremyHelm]

6:18 I miss those drawdowns :/

[@JeremyHelm]

6:57 it's up only

[@JeremyHelm]

10:09 great advice

[@JeremyHelm]

10:30 well, and our psychological understanding as a species is just a baby!

[@JeremyHelm]

11:14 don't just do something, be there

[@honkonglim-vm9nh]

it's

[@tnpermaculture2130]

I'm fomoing today as hard as I can!!!!!

[@gavinclaassen6440]

I would temporarily buy Bitcoin to move money to where I can buy gold and / or platinum or silver or other useful / trade able commodities that I need to survive . I would not but and hold Bitcoin for the long term . Bitcoin is still vulnerable to wars and electronic infrastructure destruction and we lose whatever Bitcoin we have . So use it like a boat to cross the river , but don't live in the boat , unless it's a luxury yacht in the ocean, then that's different.

[@gussstavo]

aaaaaaAAAAAAAAAAAAAHHHHHHHHHH!!!!!!!😱

[@mikejawoski5904]

The zoom in is super repetitive

[@prestonjackson9086]

Tic Talk another block