Bitcoin Forum

BUT, I should continue to hodl at this point right?

I have patience, I'll hold for years, that's not a problem,

but my imagination has me thinking that the cryptobubble just burst and we'll never see prices like the past few months again. Just somebody PLEASE tell me this thought is stupid and completely without merit. That I'm not the only one hodling. To uninstall Blockfolio so that I'm not constantly grabbing my phone. That we will see 3k again by the end of the year. That it will all be OK in the end...

I'm also open to any suggestions you vets have on how you get through these times. Experience?


T.

If you've been really trading for more than a year, you should definitely know that this drop is only going to be temporary

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         ^


Good luck.

I'm sure there are a bunch of posts like this today and I'm sure you all are getting sick of hearing it. I am TRULY sorry. I'm usually VERY self sufficient, but I NEED reassurance today. I tried not to post this, but I couldn't help myself.

Been trading for around a year (crypto anyway, some pennies/forex for a few years back in college), wasn't until past few months that I started seeing REAL profit (like most I imagine...). I lost lots by panicking on those red days back in June. It turns out I don't handle this sort of pressure well. Not well at all...

Knowing this, I was going to move into fiat a few weeks back in preparation for the scaling issue FUD and corresponding dump, but I decided that I had the intestinal fortitude to keep a portion of my portfolio in small cap coins, dumps be damned. At first it was 1/10th, then 1/4, and by the end of June I was gobbling up shitcoins like hungry hippos eat white marbles, constantly telling myself "bah, I can handle any losses knowing that they are only temporary". I have about 1/2 my portfolio in low cap alts.

I was WAITING for today, for something FAR worse than today, for the mythical 1500-1800 everyone keeps talking about, the pools and pools of blood flowing like a river through the streets, yet I'm already freaking the f*ck out. It turns out my hands are not strong. Not even a little. They're like little baby hands that shake like leaves at the first sight of a daily close below 2200.

 BUT, I should continue to hodl at this point right?

 I have patience, I'll hold for years, that's not a problem, but my imagination has me thinking that the cryptobubble just burst and we'll never see prices like the past few months again. Just somebody PLEASE tell me this thought is stupid and completely without merit. That I'm not the only one hodling. To uninstall Blockfolio so that I'm not constantly grabbing my phone. That we will see 3k again by the end of the year. That it will all be OK in the end...

I'm also open to any suggestions you vets have on how you get through these times. Experience?


T.

The decreasing is getting worse, the volatility in the market had cause difficulty for me to do trading, the price really unstable and unpredictable, but if you are a long term investor then there will be no problem, unless you are investing in alt coin, if you are investing in Bitcoin then you can relax

I'm also open to any suggestions you vets have on how you get through these times. Experience?

~snip~

 I have patience, I'll hold for years, that's not a problem,but my imagination has me thinking that the cryptobubble just burst and we'll never see prices like the past few months again. Just somebody PLEASE tell me this thought is stupid and completely without merit. That I'm not the only one hodling. To uninstall Blockfolio so that I'm not constantly grabbing my phone. That we will see 3k again by the end of the year. That it will all be OK in the end...

I'm also open to any suggestions you vets have on how you get through these times. Experience?


T.

If you have patience for years, than why still need reassurance? Don't take it so serious dude, current dump is just a manipulation to make some weak hand to sell their coins at cheaper price, so they could buy more bitcoin as it will increase significantly in the next month. Nonetheless, it doesn't matter whether it drop right now or it will continue to decline next month because you can hold for years. I suggest to you, do not look at bitcoin price until the time you decide to wake up in the morning and check bitcoin price, maybe in 5 years later.  Bitcoin has been proven as a good investment and its value always growing as time goes on, hopefully in 5 years later you could get more profit than what you've invested.

I completely believe that this dump is for temporary period. The thing is bitcoin fork has caused this dump to happen and this was already assumed by many of us. There were pre-hyped people as well who got answers upon this situation as well.

According to me this is really not gonna last long. It may come up with amazing price by tomorrow or within month or so for sure. I would love to invest more money at this very situation and take advantage of this dump. I'm full positive about it and you should as well.

SO.... Do not risk money you can´t afford to loose. This is the basic one. So considering you didn´t go over your head and you don´t need that money to buy water, food or pay the rent, just hold. Some say it will be 6 months to a year to come back, some are more cryptooptimistic and see a big recovery by the end of the year. anyway i´m holding both my BTC and my ALTS. And im ready for some of them to be gargage, but overall i think ill be kept in profit as i am until now.

Yes no need to take tension for this big dump this was expected long back. And those who have experience in this field they know that it is a temporary dump and in coming days we will see a massive hike in Bitcoin price. According to me the price still goes down it has a chance to go below $2000. If it happens also don't panic, i am sure it will come up.

As it stands now, everyone is also in panic as to regards with the way coins are going RED in the Crypto maket, this panic is fueled by the Bitcoin fork rumours coming up early next month or later this year.
I Invested in alot of coins, but now everything have gone on an extreme loss and it keeps going down.
Best thing is to wait and see how it all turns out.
BITCOINS HAS COME TO STAY

To speak the frank truth Etherum is only gonna rule to whole crypto economy later some years. I have read a article, it speaks that Eth is 300% growth more than bitcoin get as of now. This changes my mind that ETH will be the toppest coin in soon future. I am simply worry that holding bitcoin will work in future years.

To speak the frank truth Etherum is only gonna rule to whole crypto economy later some years. I have read a article, it speaks that Eth is 300% growth more than bitcoin get as of now. This changes my mind that ETH will be the toppest coin in soon future. I am simply worry that holding bitcoin will work in future years.

BUT, I should continue to hodl at this point right?
...
I'm also open to any suggestions you vets have on how you get through these times. Experience?

T.

whether you sell to fiat, change to alt (which is down as well), HODL for long term to have it recovered later, hedge it with short future contracts are all depends on what you want, and your strategy.  But at least for now, btc and altcoin are in bearish trend.

what to do ? It is just part of any type of market and unfortunately we are facing it within bitcoin market after the quick time from big bumps. Honestly I'm not getting worried on seeing falling prices of bitcoins because I am confident price will bounce back into multiple times from what we had with last bump.

Segwit activation will be the reason for next rally. Till then I like to suggest you to stay away from your trading because protecting your capital should be given higher priority rather than making new profits.

Usually I prefer to stay away only from fluctuating market and current market situations are giving good buying opportunity for any trader who has faith on bitcoins.

Rather than staying away from market, it would be good to go for buying time to time when seeing a new lower prices. When we cannot be sure about the bottom prices, it would be good idea to buy in average then no worry of never will be seeing a new lower prices.

in my view rather than buying bitcoin people should buy altcoins as they are dumped below their ico price and hype price,mostly invest in potential ethereum tokens as due to hype in bitcoin price fall.majority of traders are selling them,so it good opportunity for investor to buy them in bulk .it will certainly give better profit than bitcoin.

if you cant take the heat gtfo the kitchen

whether you sell to fiat, change to alt (which is down as well), HODL for long term to have it recovered later, hedge it with short future contracts are all depends on what you want, and your strategy.  But at least for now, btc and altcoin are in bearish trend.

Not a good suggestion to ask for going into alts. Because there were coins they have never got chances to recover after big dumps. There will be no meaning of how long you will be holding them. But sometimes few highly established altcoins may start to recover but it is just a gambling.

My recommendation must be, keep on holding bitcoins for the same longer haul. It will definitely get recover in more quicker time compared to any altcoins.

I've watched a few $100 drops before, but a few things are different this time:

A) I never held enough for it to affect me too much
B) My alt bags used to pump when BTC dropped
C) This is REALLY starting to feel like a bubble

It's the last one that killed me as I'm not sure how the bursting of said bubble would affect my bags long term.

With that said, I think it's a mistake to assume BTC will do nothing but rise in the future.

Usually I prefer to stay away only from fluctuating market and current market situations are giving good buying opportunity for any trader who has faith on bitcoins.

Rather than staying away from market, it would be good to go for buying time to time when seeing a new lower prices. When we cannot be sure about the bottom prices, it would be good idea to buy in average then no worry of never will be seeing a new lower prices.

Yes this must be the right time to buy back some more bitcoins if you have booked some big profits in the range of $2700 and above. But I do see many traders are waiting for the prices to hit $3300 and $3500 to book short-term profits but unfortunately markets made the turn within $3000 price levels so most of the traders have missed to book profits at high prices.

Still there will be no wrong to arrange new funds to buy more bitcoin to save for some long period.

yes no doubt that it is the right time to invest more money in bitcoin, i think the price of bitcoin is trading in very reasonable price and hope that it wil surely five your  a very good profit therefore i think purchasing bitcoin in current price will be more profitable.

I agree with that, it will be an opportunity to buy bitcoin at lower prices compared from these past few months, I think even with high price, some tried to buy bitcoin because it has been a trend and its sudden rise had become a big influence. Many are feeling uneasy because bitcoin’s price have been going down but I think that it is just normal. Bitcoin’s price had a sudden increase and there is no doubt that it can also have a decrease anytime. That’s how volatile bitcoin and the other crypto currencies are.

Still, many are still having doubts of keeping bitcoin from now on because of the news about August 1. It is very alarming and it is also influential that I think may would convert their bitcoin to fiat just to make sure.

all you need to do is waiting and hold and you did it right. if you can hold until a year, then i am sure that you can hold it a moment while you can waiting what will happen in august 1. i am sure that in the end, you can make a lot of profit and in that time, you can have big smile in your face while you are in your new house. just be patience sir and waiting and you can do another thing to not open your android phone too often.

You must be never talking about huge money like thousands dollar or so.
How worry you are when see your $50,000 turn down to $42,000 within a week!
A high experience needed otherwise indeed you will get panic and sell it as soon as possible , we cannot say to be calm down as it is about big money.

You must be never talking about huge money like thousands dollar or so.
How worry you are when see your $50,000 turn down to $42,000 within a week!
A high experience needed otherwise indeed you will get panic and sell it as soon as possible , we cannot say to be calm down as it is about big money.

You should study the historical price data of stock, commodities, forex and now crytocurrency and you will find out that this is the nature of trading. Trading is a games of skills like football and you should create your own strategy for you to be able to nock out this presents panic you are having concerned price action. Don't trade without using your strategy and fears will be on it ow.

You should study the historical price data of stock, commodities, forex and now crytocurrency and you will find out that this is the nature of trading. Trading is a games of skills like football and you should create your own strategy for you to be able to nock out this presents panic you are having concerned price action. Don't trade without using your strategy and fears will be on it ow.

Based on my own technical analysis  i.e analysis using japanesse candlestick pattern shows that price is on consolidation or correction and there is the tendency that the price will begin it's journey northward any moment from now therefore don't panic it is a rule of trading.

it will be all ok, all thing will have to circle around !! best to diverse your investments!

Based on my own technical analysis  i.e analysis using japanesse candlestick pattern shows that price is on consolidation or correction and there is the tendency that the price will begin it's journey northward any moment from now therefore don't panic it is a rule of trading.

Based on my own technical analysis  i.e analysis using japanesse candlestick pattern shows that price is on consolidation or correction and there is the tendency that the price will begin it's journey northward any moment from now therefore don't panic it is a rule of trading.

Yeah because if you only make some panic move you can only loss .If you believe that if you invest not in shitcoins you it is ok wait for the market . So it is better to stay away from seeing market now for you to not be in panic selling.

If we keep ourselves looking at those value we will be felt worrysome ,so if were not in need of my using it then let it just be,just go with the flow ,we all know that btc have a future and that it may take time to recover but it qill aurely recover, we should just claim that.

Didn't read every comment. But, I lost much money this time (I sold almost everything at a very low point (2-3 days ago), I had to sold earlier or not), Im probably the worst trader :p. But I learned something from this.
Never enter a trade emotional, your choice for the coin with your fundamental research is therefore very good. At this point I would tell you therefore to hold. BTC will probably hit around 1700 dollar (around 1 aug), and I expect another altcoin selloff. It is very likely that the market will reverse from then on, to higher levels than ever before ($5000-$6000 per BTC), and hit this target around november (or start in november). I expect that you don't have such weak hands that you cant hold for 3-4 months right?

Which coins do you hold?

To be panicknis okay.
But there is one rule:
Trading under acertain condition as you ready to loose it.

Dont be too greedy too.

That it will all be OK in the end[/b]...

Hey OP, you should don't panicking because of the trend down all of digital coins, should you have made calculating about the risk losing value because this trend down, it will be ok after the activation of segwit on bitcoin's network although the trend down of all of digital coins are still continue until 1st August, so relax wait and see until 1st August.

One thing i have noticed about crypto trading is there are very few strong hands because there are always speculations going round and the only way you can avoid been the weak hand which leads into panic is keep holding for longer periods and disist from using some groups which are aimed at spreading fud which benefits them...

Isn't this the main reason trading is said to be risky and speculative? This isn't only with crypto trading, it is also with forex trading. Thus, a rule of thumb in trading should be trade without emotions and also trade your plan!

If you're worried that's fair, I'm also worried about the rapid decline in bitcoin prices, but I think this could be a good time for long-term investments, because we can buy bitcoin prices at low prices. In my opinion, bitcoin will stabilize again ;)

If you're worried that's fair, I'm also worried about the rapid decline in bitcoin prices, but I think this could be a good time for long-term investments, because we can buy bitcoin prices at low prices. In my opinion, bitcoin will stabilize again ;)

I'm sure there are a bunch of posts like this today and I'm sure you all are getting sick of hearing it. I am TRULY sorry. I'm usually VERY self sufficient, but I NEED reassurance today. I tried not to post this, but I couldn't help myself.

Been trading for around a year (crypto anyway, some pennies/forex for a few years back in college), wasn't until past few months that I started seeing REAL profit (like most I imagine...). I lost lots by panicking on those red days back in June. It turns out I don't handle this sort of pressure well. Not well at all...

Knowing this, I was going to move into fiat a few weeks back in preparation for the scaling issue FUD and corresponding dump, but I decided that I had the intestinal fortitude to keep a portion of my portfolio in small cap coins, dumps be damned. At first it was 1/10th, then 1/4, and by the end of June I was gobbling up shitcoins like hungry hippos eat white marbles, constantly telling myself "bah, I can handle any losses knowing that they are only temporary". I have about 1/2 my portfolio in low cap alts.

I was WAITING for today, for something FAR worse than today, for the mythical 1500-1800 everyone keeps talking about, the pools and pools of blood flowing like a river through the streets, yet I'm already freaking the f*ck out. It turns out my hands are not strong. Not even a little. They're like little baby hands that shake like leaves at the first sight of a daily close below 2200.

 BUT, I should continue to hodl at this point right?

 I have patience, I'll hold for years, that's not a problem, but my imagination has me thinking that the cryptobubble just burst and we'll never see prices like the past few months again. Just somebody PLEASE tell me this thought is stupid and completely without merit. That I'm not the only one hodling. To uninstall Blockfolio so that I'm not constantly grabbing my phone. That we will see 3k again by the end of the year. That it will all be OK in the end...

I'm also open to any suggestions you vets have on how you get through these times. Experience?


T.

Panic selling is just for those people who doesn't believe on what would be the outcome of bitcoins future but for those knowledgable people around im so sure that they grab the oppurtunity of last weeks downfall. And look what happen now? they earn with that and their earning is not just cents but instead thousands of dollars, so if you still have a doubt with bitcoins then you should learn its movement so that you can figure it out on how bitcoins grow healthier.

Panic selling is just for those people who doesn't believe on what would be the outcome of bitcoins future but for those knowledgable people around im so sure that they grab the oppurtunity of last weeks downfall. And look what happen now? they earn with that and their earning is not just cents but instead thousands of dollars, so if you still have a doubt with bitcoins then you should learn its movement so that you can figure it out on how bitcoins grow healthier.

Your feared mythical 1500-1800 limit might be on its way already. You might feeling more f***ed up!

Hear me bro! Keep those head of yours relaxed. Keep calm! On the contrary, if you still have some spare money there, buy more. This is temporary. This will not even last long. Less than a month is no forever. You will have your gain soon.

Where is 1500! Was waiting for it now it's 2700. What?!   >:( >:( >:( >:(

in fact those people who do not have any experience in trading and those who do not know about the nature of bitcoin they are really panicking very soon. i think they should stay strong and wait for some time as the price of bitcoin will start increasing very soon.

Panic selling is just for those people who doesn't believe on what would be the outcome of bitcoins future but for those knowledgable people around im so sure that they grab the oppurtunity of last weeks downfall. And look what happen now? they earn with that and their earning is not just cents but instead thousands of dollars, so if you still have a doubt with bitcoins then you should learn its movement so that you can figure it out on how bitcoins grow healthier.

No, any level of trader regardless of their knowledge and experience might be getting panic during trading hours. It will be impossible to keep your nerves down when you are watching your hard earned money is dissolving in numbers. Many traders are getting panic just hearing about bad news itself when they are having open positions.

I'm sure there are a bunch of posts like this today and I'm sure you all are getting sick of hearing it. I am TRULY sorry. I'm usually VERY self sufficient, but I NEED reassurance today. I tried not to post this, but I couldn't help myself.

Been trading for around a year (crypto anyway, some pennies/forex for a few years back in college), wasn't until past few months that I started seeing REAL profit (like most I imagine...). I lost lots by panicking on those red days back in June. It turns out I don't handle this sort of pressure well. Not well at all...

Knowing this, I was going to move into fiat a few weeks back in preparation for the scaling issue FUD and corresponding dump, but I decided that I had the intestinal fortitude to keep a portion of my portfolio in small cap coins, dumps be damned. At first it was 1/10th, then 1/4, and by the end of June I was gobbling up shitcoins like hungry hippos eat white marbles, constantly telling myself "bah, I can handle any losses knowing that they are only temporary". I have about 1/2 my portfolio in low cap alts.

I was WAITING for today, for something FAR worse than today, for the mythical 1500-1800 everyone keeps talking about, the pools and pools of blood flowing like a river through the streets, yet I'm already freaking the f*ck out. It turns out my hands are not strong. Not even a little. They're like little baby hands that shake like leaves at the first sight of a daily close below 2200.

 BUT, I should continue to hodl at this point right?

 I have patience, I'll hold for years, that's not a problem, but my imagination has me thinking that the cryptobubble just burst and we'll never see prices like the past few months again. Just somebody PLEASE tell me this thought is stupid and completely without merit. That I'm not the only one hodling. To uninstall Blockfolio so that I'm not constantly grabbing my phone. That we will see 3k again by the end of the year. That it will all be OK in the end...

I'm also open to any suggestions you vets have on how you get through these times. Experience?


T.

If you have invested to viable coins, yes it is right to hodl. I am a long term trader / hodler too and I see gaining profit after a year or two, not after a day or a month.

I do technical and fundamental analysis on the coins I invest into. If you need tips, strategies and guidance in crypto trading, please find time reading the message I sent you. Thanks!

Panic sellers are not only amateurs or low self esteem people, there are also professional traders that take role in panic sellings of coins. Panicking is normal, but this (panic) should not cause a mistake.

This could be my first experience here for what happen right now in crypto we cant avoid panicking like now and yes some of traders will panic because for what was happening now but hope it would be ok soon.

I'm sure there are a bunch of posts like this today and I'm sure you all are getting sick of hearing it. I am TRULY sorry. I'm usually VERY self sufficient, but I NEED reassurance today. I tried not to post this, but I couldn't help myself.

Been trading for around a year (crypto anyway, some pennies/forex for a few years back in college), wasn't until past few months that I started seeing REAL profit (like most I imagine...). I lost lots by panicking on those red days back in June. It turns out I don't handle this sort of pressure well. Not well at all...

Knowing this, I was going to move into fiat a few weeks back in preparation for the scaling issue FUD and corresponding dump, but I decided that I had the intestinal fortitude to keep a portion of my portfolio in small cap coins, dumps be damned. At first it was 1/10th, then 1/4, and by the end of June I was gobbling up shitcoins like hungry hippos eat white marbles, constantly telling myself "bah, I can handle any losses knowing that they are only temporary". I have about 1/2 my portfolio in low cap alts.

I was WAITING for today, for something FAR worse than today, for the mythical 1500-1800 everyone keeps talking about, the pools and pools of blood flowing like a river through the streets, yet I'm already freaking the f*ck out. It turns out my hands are not strong. Not even a little. They're like little baby hands that shake like leaves at the first sight of a daily close below 2200.

 BUT, I should continue to hodl at this point right?

 I have patience, I'll hold for years, that's not a problem, but my imagination has me thinking that the cryptobubble just burst and we'll never see prices like the past few months again. Just somebody PLEASE tell me this thought is stupid and completely without merit. That I'm not the only one hodling. To uninstall Blockfolio so that I'm not constantly grabbing my phone. That we will see 3k again by the end of the year. That it will all be OK in the end...

I'm also open to any suggestions you vets have on how you get through these times. Experience?


T.

All traders i think feel that too they panicking if they saw their holding coins drop.  But very important things to avoid that i think you can hold your coins and set it to your like price then wait until that price reach.
After you set it up don't log in to your account so that you didn't see your coins are dropping.
Very important are, you have positive thoughts and patient to wait that your coins goes up again.

It depends.  If you experience it enough times, you would eventually get desensitized to it and sort of adapt.  I remember losing $10k in a day, which was obviously a terrible feeling to have.  Nowadays if I lose some money, I have some disappointment in myself, but try to just not make the same mistake going forward.  And that approach has shown to improve in performance and returns over time.

If you had most of your holdings on safe ground, you would not be panicking. You have to decide what is best for yourself, but if I were you I would start liquidating my altcoins as early as possible. Bitcoin not only is safer, but could even cover your losses, especially now that segwit is almost guaranteed.

in fact those people who do not have any experience in trading and those who do not know about the nature of bitcoin they are really panicking very soon. i think they should stay strong and wait for some time as the price of bitcoin will start increasing very soon.

If you want the truth here it's coming. We observed a great pump times and this happened for almost last 2 months. But it ended for a while. There must a serious correction and it came up now. Moreover, bitcoin fork rumors made the things even worse.

The market will take a rest. If you're a long term investor, I think there is nothing to fear. It should be allright again. If not in 2017, it will be okay in 2018. But it will, for sure.

Agreed, you are correct. If each bitcoin believers have a strong belief in bitcoin no matter how the price value drop, we the holders of bitcoin we shouldn't panic instead we must be at ease most of the time because it will come or return the original or more for sure after a couple of days or weeks for sure. Just be patience and control your emotion as well.

Panic is the main enemy of the crypto currency. If each of us starts to panic, then we will get a very difficult situation in the market and a big price drop. Therefore, you just need to wait and believe that the situation with bitcoin will be solved in the most pleasant way

Well looking at how btc is faring right now, i'd say panicking a week ago would've been a big miatake that amyone can make in crypto. As we can see, btc has recovered pretty well and pretty fast. The setback for a few daysnonly served as traders' opportunity to earn more.by buying at a way lower price. This has happened before so for those new to btc, this should serve as a good lesson for the future

Correct, the price is pretty stable for the past few days. I did panic sell the previous week, selling some mBTC, when the BTC price was at $2400, it raised to $2800 in 2-3 days after that.
Fortunately, I only exchanged a very small amount, so it was minimal losses.

You're still lucky to sell it at $ 2400, I sell all my bitcoin for $ 2200, and badly I sell all my bitcoin at the time, and now I do not have bitcoin, it's really political, I'm sorry to panic about the issue

in fact those people who do not have any experience in trading and those who do not know about the nature of bitcoin they are really panicking very soon. i think they should stay strong and wait for some time as the price of bitcoin will start increasing very soon.

Yes it is good idea for those who invest much of their money on bitcoins and they think that the price of bitcoins shall decrease day by day, this never going to happen, because the price of bitcoin start increasing very soon, This crash happen due to some irrelevant issue which going to be fix soon. 

Yes if you want to save your money then bitcoin is better option than bank as you said invest money into bitcoin instead starting some business it is quite good idea there are no effort to deal business the little effort which is called easiest effort ever just go to website and withdraw your bitcoin into cash. So that's all from me what I have defined.

It's a good motivation of saving money since it's been so rewarding in the future if you seen you asset grow as a result of your patience of not spending it. So in trading decisions like with the investments you had with crypto currency I guess it was just normal to panic at this moment now and it's not that ok if you will panic sell your holdings. You can withdraw it all anf exchange to cash but how will you know in the future if bitcoin will be reaching to top regrets will come your way; frustrations will be the effect.

yes i agree just calm down set asside and think positive thoughts.so what! if the price is getting down or up it cannot kill you.it will only take another short period of time to rebuild up and rise.and after a couple of days,week or even in a year,it will rise again.that was it.it is only drawn repeatedly on that situation.we  dont have to be ignorance to it.

Yes it is always effective to be a positive person because it will come up always as we are monitoring the price of the bitcoin and avoid panic because the more you panic selling or buying it is the time when others are happy because it is the time they can buy or sell their profits

Just relax.Bitcoin is an ever increasing coin and most of people know it very well especially big whales.What makes the difference is that big whales try to create FUD and make newbies panic and make them sell their bitcoins.Thats what we saw previously during BU issues,the price fall in bitcoin following its speedy recovery.Such FUDs would still continue and what you have to do is just ignore it and hold your bitcoins firmly.Thats the way to earn more profits.

it will be OK and it will be go to moon soon. this weekend it will over 3k$.
keep calm and HODL.

I'm sure there are a bunch of posts like this today and I'm sure you all are getting sick of hearing it. I am TRULY sorry. I'm usually VERY self sufficient, but I NEED reassurance today. I tried not to post this, but I couldn't help myself.

Been trading for around a year (crypto anyway, some pennies/forex for a few years back in college), wasn't until past few months that I started seeing REAL profit (like most I imagine...). I lost lots by panicking on those red days back in June. It turns out I don't handle this sort of pressure well. Not well at all...

Knowing this, I was going to move into fiat a few weeks back in preparation for the scaling issue FUD and corresponding dump, but I decided that I had the intestinal fortitude to keep a portion of my portfolio in small cap coins, dumps be damned. At first it was 1/10th, then 1/4, and by the end of June I was gobbling up shitcoins like hungry hippos eat white marbles, constantly telling myself "bah, I can handle any losses knowing that they are only temporary". I have about 1/2 my portfolio in low cap alts.

I was WAITING for today, for something FAR worse than today, for the mythical 1500-1800 everyone keeps talking about, the pools and pools of blood flowing like a river through the streets, yet I'm already freaking the f*ck out. It turns out my hands are not strong. Not even a little. They're like little baby hands that shake like leaves at the first sight of a daily close below 2200.

 BUT, I should continue to hodl at this point right?

 I have patience, I'll hold for years, that's not a problem, but my imagination has me thinking that the cryptobubble just burst and we'll never see prices like the past few months again. Just somebody PLEASE tell me this thought is stupid and completely without merit. That I'm not the only one hodling. To uninstall Blockfolio so that I'm not constantly grabbing my phone. That we will see 3k again by the end of the year. That it will all be OK in the end...

I'm also open to any suggestions you vets have on how you get through these times. Experience?


T.

Yes it is good idea for those who invest much of their money on bitcoins and they think that the price of bitcoins shall decrease day by day, this never going to happen, because the price of bitcoin start increasing very soon, This crash happen due to some irrelevant issue which going to be fix soon.  

Well, bitcoin prices go back up in preev. Well, but less than 4 days, 1 August. Well, do not panic if bitcoin prices go down, because I'm sure 1 August just the beginning that bitcoin prices will arrive at a high price going forward.

If you want the truth here it's coming. We observed a great pump times and this happened for almost last 2 months. But it ended for a while. There must a serious correction and it came up now. Moreover, bitcoin fork rumors made the things even worse.

The market will take a rest. If you're a long term investor, I think there is nothing to fear. It should be allright again. If not in 2017, it will be okay in 2018. But it will, for sure.

to me i think those people who are worrying about the price of bitcoin that it will reduce too much before 1st August. i think they should try to avoid investing money in bitcoin and should try to keep their money in a safe plae where even after spit their money will remain as safe.

Bitcoin will definitely going to trade above $10,000 but when it will be I don't know. For now we can all testify what happened few months ago when the price was in serious bubble and we were all clapping our hands for bitcoin and Ethereum but now is the time that we should allow the market price to make a correlation for future price upward movement. If I will advise you this is the time to buy not selling sir.

Well looking at how btc is faring right now, i'd say panicking a week ago would've been a big miatake that amyone can make in crypto. As we can see, btc has recovered pretty well and pretty fast. The setback for a few daysnonly served as traders' opportunity to earn more.by buying at a way lower price. This has happened before so for those new to btc, this should serve as a good lesson for the future

I'm sure there are a bunch of posts like this today and I'm sure you all are getting sick of hearing it. I am TRULY sorry. I'm usually VERY self sufficient, but I NEED reassurance today. I tried not to post this, but I couldn't help myself.

Been trading for around a year (crypto anyway, some pennies/forex for a few years back in college), wasn't until past few months that I started seeing REAL profit (like most I imagine...). I lost lots by panicking on those red days back in June. It turns out I don't handle this sort of pressure well. Not well at all...

Knowing this, I was going to move into fiat a few weeks back in preparation for the sc2aling issue FUD and corresponding dump, but I decided that I had the intestinal fortitude to keep a portion of my portfolio in small cap coins, dumps be damned. At first it was 1/10th, then 1/4, and by the end of June I was gobbling up shitcoins like hungry hippos eat white marbles, constantly telling myself "bah, I can handle any losses knowing that they are only temporary". I have about 1/2 my portfolio in low cap alts.

I was WAITING for today, for something FAR worse than today, for the mythical 1500-1800 everyone keeps talking about, the pools and pools of blood flowing like a river through the streets, yet I'm already freaking the f*ck out. It turns out my hands are not strong. Not even a little. They're like little baby hands that shake like leaves at the first sight of a daily close below 2200.

 BUT, I should continue to hodl at this point right?

 I have patience, I'll hold for years, that's not a problem, but my imagination has me thinking that the cryptobubble just burst and we'll never see prices like the past few months again. Just somebody PLEASE tell me this thought is stupid and completely without merit. That I'm not the only one hodling. To uninstall Blockfolio so that I'm not constantly grabbing my phone. That we will see 3k again by the end of the year. That it will all be OK in the end...

I'm also open to any suggestions you vets have on how you get through these times. Experience?


T.

Indeed, if you panic sell a week ago then you missed the opportunity. So much negative news indeed that brought the price  of bitcoin downward, but before the August 1 deadline, it recovered. For me, just relax and stay calm and watch the show.

I think there's no reasons to panic, because on the first place even were affected in segwit. I believe that bitcoin can handle it also, if you can review the fluctuation of bitcoin price in the market it seems pretty good because the value of bitcoin are continuously increasing.

I agree with you, more secure if temporarily stored in real money. Store it in BANK.
Before the 1st of August BTC will slide, it's time to buy Bitcoin.

Indeed, if you panic sell a week ago then you missed the opportunity. So much negative news indeed that brought the price  of bitcoin downward, but before the August 1 deadline, it recovered. For me, just relax and stay calm and watch the show.

Yes I’m definitely agree with you, it is the time to buy bitcoins and if you really want some e secure investment then you have to make some plan according to which you can make investment like invest money on bitcoin and ETH equally so that you can make yourself satisfy.

Everything went well and there is no reason to panicking as bitcoin rised again to $2,700. Now you can relaxed decide whether you believe in its further rise or if you fear it will go down heavily again like it did a week ago.

If it will fall again and you did not sell then it was your fault, because you had the chance to sell at its high.

it will be OK. For me I already transfered my coins in ETH knowing that there will be a sell of coming for BTC have profit a bit. But dont worry BTC will be back soon enough.

The decreasing is getting worse, the volatility in the market had cause difficulty for me to do trading, the price really unstable and unpredictable, but if you are a long term investor then there will be no problem, unless you are investing in alt coin, if you are investing in Bitcoin then you can relax

It will be alright. Just wait and have patience on its price. It is because bitcoin price was constantly fluctuating and doesn't have a fixed value, so maybe the there is a tendency to increase again. I'm not panicking but, it is better to prepare what would possibly gonna happen on August 1. I've already cashed out all money in my wallet. Better to prepare than regret.

Me: I am hodling my btc until the end no matter what

Also me: *obsessively checks btc value every hour*

Guys, please do not rush and panic. Everything will be OK in the end... As always was
dump is an opportunity to buy
pump is an opportunity to sell

Yep! Treating dumping as an opportunity for buying more coins is far better than getting panicked and giving up on precious bitcoins. Same is the case with pumping; you just need to stay calm and enjoy the great profit. I don’t understand why people are treating Segwit as a black day. This Segwit is going to make history. So, all bitcoins supporters need to get ready for enjoying grand profit.

If you are trader dont be panic everything will be fine. For sure if bitcoin price dump or decrease it will increase again after few days or few weeks. More bitcoin more chances to earn a lot of profit but you need a lot of patience here.

Having the feelings of panicking or worrying its a normal things for the beginner or newbie. But for an old member in this forum I think that's
not a thing, Because a good traders always look for a long term basis to achieve big bitcoin in the near future.

i thin now everything has become ok. and we can see that the price of bitcoin is now trading above 3300$ that is really a big progress.