Bitcoin Forum

For those who complain too much when you see the market going down, this is how you sound;

You walk into a store where you have always seen a Gucci sneakers for $19800 and then one fateful day, you walk into the same store and discover a promo going on with the same original Gucci sneakers being sold for $6000, obviously a mouth watering offer, isn't it?

I am sure in that case, no one will ask the store owner why the price has gotten so low but would rather buy if there is cash at hand to take hold of the opportunity before the promo ends. Let alone, an investment that could set you up for life for being part of the future getting low, and instead of seeing it as a great buying opportunity, you keep complaining.

The market will never stay low forever, and if you do not make use of the opportunity that you have now, you will end up joining the bandwagon of those who are going to end up regretting not utilizing a good chance when they had it. See what is going on as a promo to buy lower, and keep in mind that promos don't last for long.

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EDITED: Ok! I can see some have complained about my example not going with the flow. So, let me readjust it to the business lane for those who care about the example. Let's say you are a retailer, and then you actually did what I said above, by buying some sneakers at that value ($19800) and then Gucci decided to do a promo and sell the sneaker for $6000 which like I said will not obviously last for long. In that case, will you complain about the promo, or take the opportunity to buy some of those sneakers and wait for the promo to be over to make your profit? Probably, that would sound a lot better for those who bought at the previous ATH as well and those who are keen on making quick profit as well, if they understand the value of what they are holding.

Yes we really need to stop complaining, before we do holding maybe we should be aware of that the price of the current coin may also rise and fall. That is why if we are going to hold we really need to have a big patience because patience is really important on the crypto currency feild.

not such a good example in my opinion. people don't buy "Gucci sneakers" to make profit, they buy them to wear. but when it comes to bitcoin, most people are buying it to make a profit and worst thing about them is that they are not traders so they want a rising market only to make profit and they don't even know how to make profit if the market is anything but rising only. so when the market is not moving according to their expectations and they not only not making profit but also losing a lot, they start complaining and panicking and eventually their panic sell crashes the price (the final crash before the reversal).

if someone is buying bitcoin to benefit from bitcoin (like how they benefit from a "Gucci sneakers") or if they are traders, they would have never complained about dropping price of bitcoin.

And that is really the point and the main reason I used the Gucci Sneakers. Isn't the benefit obvious? But the thing is that people do not want to know and I understand some see it just as a get rich quick scheme which is where they totally missed it from the start, but if everyone can understand the benefit they stand to gain in the long term without looking at the quick profit, I am sure they would see it this way and would rather not complain.

Nevertheless, I can actually buy Gucci sneakers to make profit if I am planning to resell as a retailer in the long run, so one way or the other, based on how I perceive it, it is still an opportunity at that moment, but I absolutely get your point.

That is exactly how the attitude of anyone into trading should be, What I would like to add here is that when the market is STABLE as most of us call it or when it is rising, we should select some of the cryptocurrencies which we feel would rise further in the coming time and research as much as we can about those selected cryptocurrencies while saving some amount to invest in the finalized cryptos after reasearch and wait for the drop in the market that is when the market is low and then invest in those selected cryptos while the market.

It is just an indisputable fact to stop complaining because of drastic price decreases of the coins you are holding. We should be in the better position to understands that these Cryptocoins are volatile in nature and are at such subtle to either increase or decrease of their coins value due to various unforeseen circumstances that comes to be inevitably.

And this is actually the reality that affected many people who are into Bitcoin thinking that the value will never go down when in fact they know that Bitcoin can be so volatile based on its past history and what is currently happening in the market. Last year there was an influx of newcomers to cryptocurrency and these people were complaining when the market was down. We just have to wait for it because I am sure that eventually Bitcoin will start to rise again.

Too many people are thinking short term and checking the prices every 10 minutes.  Think like warren buffet. Buffet is a long term investor.  Crypto is a long term game. It's only going to grow in the future.

The coins price movement is always been drag by the bull and the bear and your understanding of the one that has an upper hand will assist you in making money. Actually bitcoin price cannot keep moving up and also cannot been falling all the time but both are all needed for cryptocurrencies development. I have seeing some people making money by just buying low and sell high and that is the cycle of this market.

All those who are complaining are generally newbies who think that crypto is like a gold mine where you dig once and you are rich for life. But they must understand the difference between the trading and investing.
1. If trading stay sharp and make short trades and gain daily profits by controlling the greed to earn more which may lead to heavy losses.
2. If investing then find the good project and HOLD for atleast 3 months.

Well it depends on the people since not all the people would complaint about BTC going low. Everybody has a different perspective. A person who wanted to buy BTC from a long time would be happy for the dip whereas the person who wanted to sell at higher price would be sad for it. A wise man would always make use of such opportunities. The matter of fact is the knowledge that one posses about crypto that leads to his thinking about it.

I totally agree with this. A lot of people cannot see the market crash as a good opportunity to get more coins at cheaper price. Instead of complaining, why not turn thw situation around and take it as an opportunity to get good coins at a discounted price. However, most people panic because they think they are losing money. We should remember that we only lose money when we sell at bad price, not when we hold our investment.

I really don't give a fuss about my holdings right now even the market is down all I do is continue to do my daily routine and go to work. People who complains are have no other choice and expect they could be rich in small amount of time but the fact is they need to wait maybe for at least a year or maybe longer. Investing in crypto can gives us surprises and sometimes it's a good one. Just accept the truth that there will be a losing moment and wining one. There is another way on how to avoid yourself from complaining, just simply sleep and eat and go out jog with out checking your portfolio within a month or two, that's if you have the guts.

That's natural respond but you don't know the true is? How about if you invest in ICO project with loan money and the price falling down or the project become scam, if you have complaining/ angry it's fine and realistic. Before enter market, we must know how market works and the risk. Most people doesn't realized that knowledge is important. Complaining, angry, stress should not happen if you know the risk. Let people complain, from there you know they don't have enough knowledge to start journey.

You have to buy at low value ,to avoid of complaint about dip.Just consider you had brought gold or any assets ,when the price of that asset is reduced. Do you complain for that.Bitcoin is as like that and bitcoin is more than that.If you will get profit do you complain for that.Use the dip to buy a huge amount of bitcoin and sell when the price reaches the moon.

It is a good example, you just have a different point of view from it. What's more worst is that, because they are not really a trader, whenever they see a little drop in the price of bitcoin and knowing that they already lose their investment, they immediately sell their share to prevent more losses. There is a lot of people like that, they invest in something they really don't know how it works.

Lack of experience, desire to make big profit in short time, to superficial approach to cryptocurrencies that are all reasons why people get disappointed and give up after short period of time. They think only on short term profit and because of that complain every time bitcoin price goes down thinking it's the end of the world.
But I don't think this will ever going to change, it's the human nature. Never satisfied, always complaining.

Yes in today's market conditions there are many traders and other people who try to blame the market whenever there is a downfall in their portfolio. Especially when the fall has happened after the negative news or rumors. They don't try to analyze the market or the price charts and blindly complain about the downtrend and so this problem can be solved only by them personally by just analyzing the market with proper price action and according to the trade plan. You should be knowing how to find the real value of the price and also you should be knowing to find the overvalued price and undervalued price that's it, this is enough for us to know.

Exactly, the fact that the value will still rise up should be consider by many supporters, those who are complaining about the sudden downfall needs to
study deeper, the value was volatile and fluctuations are always unpredictable, but in somehow, we just need to wait and think of this matter for much
longer terms, bitcoin will rise up and everything will be good and green again.

Let's removed the example instead as it was not making sense. Once people used money to buy cryptos they are expecting to have a return. Does people expect a profit after buying a sneakers? We must head directly to the main point of the topic and forget that example.

Ok moving on...

Even how low some people holdings are, they used their own hard earned money on it so complaining is not the issue here but rather they must be educated to understand that market trend is not always uptrend. Panic is part of the progress so just give them time to realized that market crash is part of the risks that they will faced and encounter once they entered the world of crypto. Don't think of them too much as overall, like you said, their holdings are low so they can't even shake a market a bit whatever actions they will made.

It's the mentality of some people that we can't change.We can't blame anyone for that as it is there money and they have every right to do what they want to do but the only thing that i have to tell to them is that if somebody knows that they are very impatient then they should take such risk which harms themselves as well as each individual who is trading.Soo i urge everybody to first analyse yourself and think whether you are suitable for this or not and than take any decision.

besides why would you complain? that's how the market works, many people are saying that volatility of bitcoin and alts makes it profitable so why are we getting surprise here  :D
just study the market condition and invest on what you can afford to lose so far and you are good to go :)

Yes we cannot blame them but they can control their emotions if they want to that is why we need to stop seeing the price, or separate the bitcoin that is for withdrawal and for investment, and don't see the bitcoin you are saving. Make some ways so you won't cry seeing your holding is getting low.

I think those who always complain are newcomers in crypto currency, may be they are thinking bitcoin will always stay in the high value, they invest in crypto without have knowledge. they are who always complain has potencial become a panic seller and it eventually worsened their situation.

nice thought,,


too many do stupid things ,, when complaining when the coin price falls ,, not just in one case ,, this happens over and over not just in bitcoi prices .. when bitcoin prices come down, people just complain about falling prices and not take quick steps to buy more

You can see that in the past few days, the prices of bitcoin and altcoin have been continuously decreasing for three consecutive months. This had a huge impact on the buyers and keepers sector in the early part of 2018, as the market went down and the price of bitcoin continued to fall causing huge losses for the holder, leading to panic and fear, loss of confidence in the market.

I think buying a product from $19k to become just $6k will really an opportunity as a selling price but buying as a consumer is far different from buying as investor in which you bought the product from $19k then only to lose at $6k. You can't blame them as we are here in this market as an investors not as consumer in which is very natural to complain because of the frustration that you lose your huge capital.

In the cryptocurrency market, it is normal for a crypto value to fluctuate, instead of complaining that it will not solve the problem, then analyze whether to keep or sell to get the money back its private, that is more necessary. The market is constantly changing so you should be prepared for the worst possible circumstances so as not to be too surprised and confused.

In reality, people who trade cryptocurrency or stock exchange always want the market to bull not knowingly that the market has its always a downturn period. A lot of people just want to earn but they cannot wait a long period of time and hold their coins. Yet, they know it is a risky in the first place, why they are doing tradings if they are fear to lose their capital? The only thing we need to do in order for us to earn in tradings is to play smart and wait till the bullish period goes on.

If you bought it with your spare money, no need to worry, Bitcoin will pass 20K in the future. But if you buy Bitcoin with your only money and with a dream of becoming rich, you will be disappointed.

I agree with you, I don't know either why some people complain or feel bad when prices are dropping until now, take note, knowing the fact that they're not already a beginner in this field. Can't they understand that deflations are normal here in crypto world?

Well, I admit that I also worried too much and get panic before when I'm still new here (the time when China bans ICO) but I learn to get used to it as time goes because I already see and understand the pattern of crypto in the market, that it will sky rocket the go down and even deeper then suddenly recovers .

The problem why they complained is because they entered the market in the wrong time, they buy at the peak and when Bitcoin got correction their investment become so little, and some of them are really impatient to wait and keep on complaining, and most of the time the one that complained is the people who just enter the market without any basic knowledge

Yeah, that is right. I am always complaining to myself in my mind. But there is nothing I can do about it, unless I can only collect Bitcoin as much as I can and as fast as I can. The amount of money when we are holding is very important indeed. If we just save or invest some small amount of money, the profit that we get will be small too and the time we spend to invest will be wasted. In the other hand, if we invest in a big amount of money or the value of money that we are holding is huge, we can benefit a lot from that. We can make a really good profit from there. But there risk is getting higher too, of course.

I think those who are always complaining are newbies in cryptocurrency world, veteran holders are not. Newbies are going on panic selling that results to low value of some coins, they should blame themselves also. If no one will go on panic and everyone will learn how to hold and have patience their coin holdings will have a good and high value in the market.

we should think first and we should not complain when the value of our holding is low because as far as i know we should consider things when we are going to hold and its too risky for us to hold because we do not know when will the value will rise or even when will dup.

I strongly agree with what you have said and I think this should be read by those people who are really affected why the market is at its deepest price. This will never be the end, good things are about to happen for a couple of months right now. Just keep on holding on. Keep the faith. Be patient.

That's a pointless argument if you take into consideration that the majority of the people don't know what this market is about, or even what Bitcoin actually is, where on top of that, they are also very short term minded. If you believe that Bitcoin might become worthless overnight, you'll likely panic sell during each correction. It's not for nothing that the gap in crypto wealth between holders and the rest of the market is only growing larger. Smart people hold through all market conditions, while most people either sell in panic due to their stupidity, or they wrongly think they can gain an advantage over this market with trading. These are the times holders use to accumulate more coins for later on, while others keep selling and don't realize how stupid it is.

Yes, now many web users express concern about the collapse of the currency. But I think the final collapse is not expected - at least until there is a direct ban on trade in key countries.

Yeah stop complaining when the market goes red it happens not only in crypto world but also on foreign exchange. We have nothing to do about that just stay have patience and wait for the market to recover.

Sometime red market is good to us because we can buy more coins at lower prices and then sell it at much higher value and we will have more income to come when the market recovers.

Yes, when you enter this industry, you should think of this and you must have the worst plan. Bitcoin's ups and downs in this market are exaggerated. If you continue to want to invest in this industry, you must be mentally prepared.