Bitcoin Forum

Many do not understand what the power of will is and that is why others can make decisions for them.

Such decision might be right or wrong and even if it is right, you might not be able to manage it well, because you did not choose it by yourself.

Take for instance you buy a good coin that you know nothing of, considering the volatility of cryptocurrency, you might end up not selling at the right time, which could result into a loss.

Be in control if your decisions, most especially in this bear market or even beyond.
Never let another person decide for you on what to invest in or when to invest.
Your strength, power and success are in your will. So do your study and make the right decision.

You are right personally i sometimes feel stuck in some trades because of long one directional trends, i think there is an urgent need of implementation of either direction trading like we see in forex, there should be option to either buy or sell the pair, only long option is not good for active traders.

The decision everyone makes today, can either make or mare one's success in life and most especially in cryptocurrency.
Even if people make suggestions for you, those suggestions should be seen as your research directions or as tools to enhance your research, such as focus.
You should go ahead to carryout research on those that have been suggested. Afterwards, make your decisions from the outcome of your research.

Personally, I am really stucking, not feeling more.  :) And I try to leave it by making a new decision with my asset. With altcoins, don't stuck in it too long if you don't want to lose indeed.

the final decision is on yourself and it really has to be done, if there are interventions that affect you, you better do research to prove a truth from others.

I guess even if you do not let other people decide for you, they still can make an impact on your decision in the cryptocurrency space. People have influences and we can never decide without their help. But remember we still have the right to choose, so choose the right crypto buddies.

This is good advice in regards to not basing your decisions purely on hype or speculation but instead doing your own research into market trends, rates of adoption, practical use cases, and where innovation is going technologically so you're making well informed decisions and this forum is one of the places where you'll find some of the sources of this information

I would agree that this is a good advise specially for those people who entered the market without knowing anything. They just go and put their money on crypto and then ask later. And then you will hear them bitching around saying they lost so much money, but if you look closer they tend to follow others advises. So let this be a lessons for everyone to do your own research before investing your money here.

It is very important that you made the right decision, from selling to buying tokens, if you failed to follow the coins that you purchase, you will end up the only one having the sell order, so timing is very important in selling and buying on coins that you wish to hold.

This is a reason why it is mandatory for every crypto currency hodler to do their own personal research neglecting influencers or suggestions on the internet

Be willing to do the right things and understand the facets of life; whatever goes up must come down
And whatever is down might tarry, but will soar on

I strongly agree with you that this is a rare quality in the cryptocurrency market. The willpower is very important. Frequent transactions can't make ordinary investors more money. Unless you are professional, you should wait patiently for market changes.

You are right, basically people go with others suggestion like we have a genuine example of McAfee. I hope you all remember what he said last year about Bitcoin like the value will go more than 50k, what happened finally? It's a kinda business we need to be very very careful while investing, we need to research on our own rather than trusting others.

Decisions taken without giving thought to them, and only as per market manipulations would always be foolhardy.

As the saying goes: "And there is power, and there is will, but there is no willpower." Most people still rely and listen to others who are considered authority. This is human nature, although it is worth noting that there are researchers who don’t believe anyone except themselves, such a minority. Yes, then many cry when they lose their coins and capital, but they are unlikely to become smarter from this, only a few perceive it as a lesson. Usually, the one who cries goes for advice to other people and again comes on the same rake. Therefore, all this is useless, it is necessary to bring up strength and will in yourself, but not all of them can.

Undoubtedly, willpower must be present in every person, but what's wrong with that if someone buys the same coin as an example as another person.I think willpower should be used elsewhere, not in cryptography.

If you think it's right, it's true, and wrong, it's wrong. But in my opinion long or short is good if you know the calculations, there are good strategies to respond to them. Do not worry much just do it and wait for the results from it for us ;D

The will power is truly important in crypto currency
But it has to be coupled with guile intelligence too

If you wonder how ?
Just do your own research and focus on the basics too
Life is easy after all

Research is paramount and very essential. It is the key to every successful investment. If you do it thoroughly, you will not have any reason to begin to ask people what to invest in and neither will you in any way depend on them, because you might get confused.
The reason you will get confused is that, everyone will tell you their own opinion and imagine the number of opinions you will receive.

Advice that matures our thinking. Indeed, there is truth in having to make a decision in investing or a choice, it must go through research and also on personal thoughts. But also need to find a little input from other people for consideration or how to determine, and choose those that are in accordance with personal thoughts. Whatever will happen, it would be better if he chose himself so as not to blame others later on. I think this is indeed going to be and right. Thank you.

Thanks mate for the inspiring words. Some advise sometimes serve as reminder, because we might not be conscious or we might be to busy to put some things in mind, but coming across this will trigger something in you to always do your own research.
If you are not careful, people will get you confused. Instead do your own research and, because you cannot depend solely on others.

That is the importance of having analytical skills and knowledge of the basics of cryptocurrency. With these two things, a cryptocurrency user will not be easily influenced by fud and speculation that is not directed. Do with your own risk, keep learning and add experience.

This is one thing I have learnt for sometime now, I take full responsibility of my trades whenever I decide to buy or sell any coin. I don't follow people's call to make trades.

I would add to your words that it is necessary to make decisions without haste and keeping a sober mind. You should never panic. Believe me, all your mistakes you make in this state, so try not to panic.

"Be in control of your decisions, most especially in this bear market or even beyond." Great suggestion!