Bitcoin Forum

     Most of the people now have fear and doubt because of bitcoin price down. We always read and see repeatedly"bitcoin price is down,should we sell or hold?",it is the end of bitcoin?..etc...etc....
    Most of the people who invest in bitcoin are fear that they will not gain profit ant lose their capital. Others has a doubt if bitcoin can recover or not...
Is there  any cure for this matter?

First you should take a risk.Like in bounties,based on my experience not all bounties gives the agreed stakes once you are done with your task.But through perseverance and posivity,anything is possible you just have to lessen your guard and let yourself explore the opportunities in bitcoin. :)

Every investment, be it offline or online, has an/some element(s) of risk which every intending investor should get themselves informed of before taking that plunge. Knowledge of these risks beforehand and planning an exit strategy to mitigate losses is the only cure.

You can overcome fear and doubt in bitcoin if you trust and believe in bitcoin. Believe that its value will continue to increase with time. Also, you should take risks because investing is always a risk. You cannot earn a lot by just staying in your comfort zone and afraid of taking risks.

Fear and doubt are feelings caused by lack of knowledge. You need to learn first about bitcoin. Know its history, its background and how much well it did in the crypto market since it was invented. Once you know which coin you are about to encounter, that is the time that your fears and doubts will disappear.

Yes obcourse, because this is volatility there is a possibility to  the price high is back again, so my advise to all the people who would be panic this situation of bitcoin is just to relax and calm. try to look at the Blackchain market it is gradually higher price value don't lose your hope you gonna get a big profit when you apply to your self become patience anytime.

First thing you should do is research and study what and how bitcoin works. If you know the ins and outs of bitcoin then you will have a lot of confidence when you're investing. Second is invest what you can afford to lose. Don't go over board and sell all your properties just to invest bitcoin. I know bitcoin is high risk but always remember, the higher the risk, the higher the gain.

You should change your mindset that in every business you should take the risk.
Like in bitcoin, if you're going to invest it may go up and also may go down.
The status is not always stable.
You should professionally open your mind to accept and be brave to face the risks.

If you really knew what you were investing in and see how much it had potential, you wouldn't be too worried of losing investment with the thought in the back of your head that bitcoin will continue to become better and have higher value in the future. Another is to expect that the price will change often and there will be times when the price will go down. You have to be ready for this because most investors get scared when the price drops and they choose to sell right away then regretting it right after.

I do not think that there is cure for that unless bitcoin price goes up again to its price two months ago.  They are the ones who are new into bitcoin.  Or they are the ones who invested a good amount of money.  The only cure would be telling them to relax and just wait for bitcoin price to goes up.

They just have to study more about cryptocurrencies, investing and trading. Once they full understand it i'm sure they will gain trust over bitcoins. Interms of investing, all investments have risks involved so there's nothing new with that, also, if they take a look on previous years graph on the price of bitcoins, the dip always happen at this time but recovers before mid year, so no worries, bitcoin will recover.

In me personal view,

if this is the end of bitcoin,

downfall was more harsh and faster as historical markets such as tulip or stock.

The only cure for that is simple but because we are all too greedy and dont want to exercise patience in our greediness, we tend to be carried away by things that are ephemeral. Everyone involved in the crypto world should as a matter of default knows the position he wants to be whether to be day trader or to be a long term trader. A day trader is someone who is never caught up in a crash because crash dont happen at once its a gradual fall in price which the trend can be caught accordingly and actions would be taken. When price crashes, he is also buying at the crashed amount and sell when there is a little gain in price.

Others that shout are the ones that want to make the most profit in the short term which is not something that easy because there is no way to separate your activities from checking the daily price news, the predictions, the news for or against price, the FUDs and the real ones etc. Finally, choose one side and be free from heartbreaks.

Dont fear bitcoin. Fear on people behind you and what's going on our society. Just trust bitcoin you should have knowledge on technology and how it will use in the future. I think reading is not the basis on how you'll help yourself you should love and absorb bitcoin and,blockchain. Go out with your friends that does know how blockchain works. You should talk with them in a simpliest way. You need a deep research.

The way to get rid of these fears is by adding knowledge about bitcoin and you should also read the history of bitcoin from 2010 until now.
Because I'm sure once you read that history your heart will feel calm because in the history of bitcoin fluctuations it's a common thing that happens all the time so not something to be afraid of.

I think knowledge and belief in bitcoin. It can help you overcome this difficult period, overcome fear and doubt about bitcoin. That's all I can do now.

Fear and doubt is not like a disease that have a cure. You, as an investor, should be in control of your emotions before you even embark in cryptocurrencies. But admittedly, even those who have been in the business for so long do have fears and doubts altogether, just that they manage them artistically and with poise -- this, is what sets the boundaries between the experienced and the inexperienced. Hence, if I were you, I will do whatever I can to manage my emotions before my emotions take control of me. If the latter scenario would dictate your pace, surely you will not get anywhere in the world of investing. Your fears and doubts will just haunt you and cloud your thoughts every now and then.

There isn't a general way to overcome the fear of losing money in bitcoin and any investments in general, that's why most experienced traders often advice newbies that what they're dealing with comes with high risks. Personally, if I'm new into investing, I wouldn't sell everything I have and go all in into something I don't fully understand. Instead, I'll keep my doubts with me and do further research before trying it out for myself with an amount that seems to be negligible to me. That's what's wrong with newbies today: they tend to go all in once they see bitcoin breaking records but when the time comes everything comes shattering, they'd be the ones who'd sell first and keep on casting their doubts into bitcoin after.

we should be able to learn from the past from last year, because such an event happens not only once and twice every year, I suggest that you hold your bitcoin until bitcoin prices rise again.

if I myself to face the fear I see bitcoin prices down that is in the take it easy and also not easily instigated and must have a sense of confidence and also must dare to take risks

Its answer is " believe",believe in bitcoin. Bitcoin is not the name of a new crypto. Bitcoin is the grandparent as per the seniority. It has that much experience and power to stand in the crypto market. So you should believe in Bitcoin.

You will eventually learn how you are going to over come your fear, actually I have done it whenever every night I am seeing my children I want to give even not the best but all the things they need in their life, the right education, books (not gadgets), clothes to wear  but not too expensive. So, whenever I am seeing them I am seeing myself as a hero where in I can do anything just for them.

Doubt is a good thing. You don't want to get rid of doubt entirely - that would make you overly/unrealistically optimistic

You should be prepared for Bitcoin to go up as well as down.

many people have this kind of  fear but i want to  tell those people do not take tension about btc price. btc is volatile. that's why it happens. btc is more beneficial investment than any other coin. if it falls after some time later it will bounce back. just have patience. and after a specific time later you got huge returns. just hodl it.

Most people became skeptical about bitcoin when the price started falling. The fear of losing made people involve in panic sale. This can only be averted when people equip themselves and have a strong knowledge about the currency. Because i believe when one is properly groomed on something, there would be a strong mind to overcome any fear that may arise.

I think it is better to have a part of BTC in portfolio. Anyway BTC is the main criptocurrency at present. Usually BTC have oposite trend with altcoins so your portfolio will be more balanced if you have as bitcoins as altcoins

There are many such people. Every man has a medicine in his head! We create restrictions and statements for ourselves, in this or that situation. Weak - go away, strong - stay

    I agreed to that! All investment involved risk.but knowledge and experience can give you confidence, it  helps   you overcome fear And doubt.

to overcome fear and doubt you should back to your purpose when the first you think to invest in bitcoin, at that time you must have confidence that bitcoin will give you an advantage. when you start to do something, then try to survive to the end, the end when you can get an advantage.

1. Your capital money should be from money you not use it for daily needed or the money you able to lost, make it far from debt capital
2. Already read and learn more about the risk, so you should know investment in bitcoin have very high risk.
3. Don't just always watching the market when bitcoin price down, you can looking for project in this forum for more income.

That's all I do when bitcoin price go down. Please never sell bitcoin though you lost very little money of your capital. And I'm sure bitcoin price will be go up back to normal again in half of this year because the total supply of bitcoin isn't too much. Thank you

I suggest to study some history of Bitcoin and how the situation was developing in the past. It's also usefull to listen some advice from experienced users.
Trust is something that comes with experience and knowledge about the currency you are trading with. If you are not looking only for fast short term profit you will realise that Bitcoin is currently the best investment, of course with certain risks and possible losses but that is why you have to play smart and use your head, not only heart.

overcome fear and doubt on bitcoin if you believe in bitcoin. Believing that its value will continue to increase over time. In addition, you have to take risks because investing is always risky. You can not get much by just staying in your comfort zone and afraid of taking risks.

To combat my bitcoin fear I'm thinking of a bit of bitcoin today and it's never going to be a scam and no bitcoin prices are going down again and that's what I'm thinking of not being afraid of bitcoin. This could seem like a bad thing at first that would negatively influence the cryptocurrency market by creating division, but in reality, it means that Chinese citizens can now relax and use their country’s local exchanges to trade cryptocurrencies without having to fear legal penalties from their Government.

BTC is very volatile.It encompasses both high risk and high return.If you compare BTC with other cryptocurrencies you woul feel that other cryptocurrencies are also very lucrative but ration of profit margin is very high in BTC Case.If you go in BTC detail and if you analyze its crash history your confidence would restore that after every crash BTC bounced back with high power and got higher price.2017 is a good recent example for BTC high price.Some days ago,there were news regarding regulation of BTC,ban in China and South Korea,but after green signal BTC price again rose to $9000 a week ago,Still marketcap of BTC is lying at top in Coinmarket.There are predictions that BTC would appear more effective than 2017 as more investment is anticipated in coming months.Soon dip period would be converted into Pump up period.BTC is the only cryptocurrency which determine the overall marketcap of coin market.

We must understand that bitcoin is like any other investment, we need to take a risk, there is a chance of either loss or income in the future. Another is that volatility is one of bitcoin's nature and we cannot help but to experience sudden increase or decrease in bitcoin price. The only way you can eliminate fear rely on your trust over your investment, I think being optimistic is needed in this kind of investment.

They are scared because they were not informed that bitcoin is not seen as a short term.investment. Those who really knew what they are doing know that they invest money for long term investment. Dumping and pumping happened sunce before, and old members are already used to it. Its a matter of taking a lot of time and reading a lot of information on what and why to invest in cryptosystem. Do nit see bitcoin as a wishing well than when you want it will. It takes a lot if thing to make bitcoin otice grow and stabilized.

There is this method i do to reduce the fear and doubt.

Take a 4 second deep breathe through the nose.

And exhale through the nose for another 4 seconds.

Do this for 1 minute and you'll find yourself calm and more relaxed...

This should get you back on track. Best of luck!

Experience will be the key. If you doubt that Bitcoin will be still successful despite of the dump, you have to see it for yourself. Try to observe, Bitcoin is downed for about 48%, and is now starting to recover. Eventually, you will see how great Bitcoin is. Just be patient, it will be again on its peak we just need to wait for it. Invest now while its price is still low and Hold!

In the world of cryptocurrencies we are dealing with a huge bubble, and today it is difficult to assess which information or event had the greatest impact on the decline in prices. Perhaps the crowds of unfortunate information and unexpected movements made that we can buy bitcoin today for nearly half of the December price.

The cryptocurrency market is inflated and the situation with dotcoms will repeat. Then, tech companies that wanted to change the world were invested. Many big companies grew on the rubble of that crisis, which today are among the richest in the world.

With cryptocurrencies, most likely it will be similar. The bubble burst will be verified by the market where only the strongest players and projects will stand, behind which there are interesting services and people who have ideas and skills to develop and sell them well.

I think it has a lot to do with experience. The more you go through the more resistant you will be for FUD. With time you can select which chatgroups has value, and which one is just creating a bigger mess. You "enjoyed" a few market correction, and the next one wont even effect you... and use common sense

   

actually that's true. People or investors as well have a panic attack because of what's happening with bitcoin now. I myself feel the same too, because of bitcoin falling down. But if we believe in bitcoin, we have to be patient and hold still because it will definitely go up again, it always do after the clash. That's the reason why many people invest in bitcoin, they belive it will give them profit. To overcome the fear and the doubts, just believe and be patient. For sure in a matter of time bitcoin will still recover.

Because bitcoin is in the process still to many people to adopt it has many speculations either negative or positive.  People who invest and believe in bitcoin might be our inspiration and we can tell they have their biggest luck so far with bitcoin.  It helps also learning about bitcoin the history from the beginning until now.  When you are ready to put money in to it just invest what you can afford to lose. Be informed of the news about bitcoin and I think for now bitcoin is a good asset or investment.

If you want to make profit you have to take risks. Nothing is guaranteed, chances are 50 50 depending on your skills and choosing the right moment when to buy and when to sell.
People that panic easily are usually small investors that have a small amount of money and just want to see it grow fastly, but big whales  always have planB in case things don't go well.

I think that this feeling is difficult to change because the risk in this area is common and without it there is nowhere to go, even after a while the fear of investing is present and it is quite normal as I think

I think the best way to overcome fear is with time. I started investing in Bitcoin at the end of 2013 and I did a lot of panic buying and panic selling. Now I have come to expect price fluctuation, corrections, and crashes. I’ve seen a crash and recovery before so I wasn’t surprised to see the price crash this time. So now I’m just holding through the price drop and I expect to see new highs eventually.

Nobody does not know how price will be tomorrow because there is no reason like any news will influence cryptocurrency. Cryptos are downing because most of the crowd are selling their bitcoins. So nobody will exactly say you that how will be end of BTC. If my opinion  is interesting to you i wanna say you for this time HODL and when its arrived you will sell your BTCs for higher price.

You should add that most of the new investors are having doubts and fear if bitcoin's price will go up again.
That is because they are inexperience and this might be the very first time to encounter correction.It they have invested just to earn that much and didn't invest because of the tech behind that's what they'll get.
Believe to bitcoin and the blockchain technology, for sure in the future many will adopt it.

Only way it to read and learn. What Bitcoin actually is. What is it bringing to us. You will soon lose all fears. You will be just sad when price will go down. No more afraid.

I've been reading bitcoin's history since it was launched and studying its graph and understanding it, thus helping me to be optimistic about bitcoin now and its future. The graph will suffice to tell how really strong bitcoin is and how bright its future.

You just have to believe that bitcoin will be more valuable in the future. Many people fear that bitcoin would not have any value in the future because they hear and see all the FUDs relating to it but if you search more about it and understand why Satoshi made it then you will be able to grasp the reality that is happening around in the financial industry. Though it may be hard to let go of the fiat system, at least there is already an alternative to it which can become the currency in the future or may retain as an alternative payment system.

It is hard to let go of the fear and doubt when you put some money in the line but you have to take the risk or else you would not be able to move forward. All those people who are successful now one way or another took risk before that's why they are reaping the rewards now. You may be suffering now but think of the possibilities when you are able to surpass it. Just always think positive.

To overcome this fears and doubt in bitcoin before you will be involve in this cryptocurrency you should the know the terms of risks. Every investment in any platform risks is always  existing and your mind set is positive that bitcoin will rise its value.