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#JOIN (Signature Campaign)
Bitcointalk username: Cnut237
Forum rank: Full Member
Posts count: (including your registration post) 412
ETH address: 0x2b37C729ab53f37D086693e88e887D5F1533F9b2
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You may remove your signatures.
Thanks! |
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The first lot of payouts will be made today, the rest will be tomorrow for everyone else.
I will not be accepting any new additions to the spreadsheet as it is well past the ICO date and I will only accept it if you have contacted me before the 30th of January, however I have missed you.
Hi Aventhe - I assume it is now okay to remove our signatures, but please could you confirm? |
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I think the current dip is healthy. The market was definitely overvalued and we were due a dip. It is quite an extreme one, but it is important not to panic.
If you bought high, then don't sell low - just have faith in cryptocurrencies and take shelter and wait until the storm is over.
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Will they be offering a Bounty? Sorry. Someone had to say it.  |
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Thanks for your positive comments, everyone! I hope I've been some help to those who are newer here  an excellent article for beginners, but on what are your thoughts based on the fact that bitcoin will go up, perhaps this is its limit for the coming year
I'm no expert on prices, I really don't know other than the general trend is upwards. I expect bitcoin and good alts will prosper, and I expect we will continue the move towards mainstream adoption, with all the regulation and legislative headaches (and seas of red) that brings. I expect a general move upwards in the future, more green than red, but plenty of both As to when we might pass the ALT of last month, who knows? But I think it's a 'when', not an 'if'. |
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I am glad that I started this thread. Almost everyone who has posted a reply seems to agree with me, so if you are new and you are panicking - please see that most people are telling you not to panic. Just close those charts for a month or so |
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For anyone who is panicking at the market-wide price drops, please don't! There is no reason to panic. Look long-term, don't look at price charts over the last week or month, look at them over the last year and see the pattern of rises followed by pullbacks... but the course is always upwards.
If you're new and bought in during December and now see huge losses... the worst thing you can do is sell now. Prices will increase in the long term. The current dip is just a correction to the wild excesses of last month. Don't panic!
If the prices you can see now are lower than the prices that you bought in at, then the best thing you can do is buy more. Why? This will lower your average entry price.
If you bought bitcoin at $16000 and see it now at $8000, the course of action is clear: buy the same amount at $8000, and your average entry point is no longer $16000, it's (16000+8000)/2=$12000.
Don't sell, buy!
What if someone needs money for now? whether the person is suggested to sell or hodl some time again in order to reduce the cut-loss. I think if you need money for now, then just take out the minimum that you need. Leave the rest untouched. So you will see a small loss that will turn to a gain in a few months' time. |
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For anyone who is panicking at the market-wide price drops, please don't! There is no reason to panic. Look long-term, don't look at price charts over the last week or month, look at them over the last year and see the pattern of rises followed by pullbacks... but the course is always upwards.
If you're new and bought in during December and now see huge losses... the worst thing you can do is sell now. Prices will increase in the long term. The current dip is just a correction to the wild excesses of last month. Don't panic!
If the prices you can see now are lower than the prices that you bought in at, then the best thing you can do is buy more. Why? This will lower your average entry price.
If you bought bitcoin at $16000 and see it now at $8000, the course of action is clear: buy the same amount at $8000, and your average entry point is no longer $16000, it's (16000+8000)/2=$12000.
Don't sell, buy!
i also think that nobody should sell anything, because up and downs are just normal and yes usually it's not a bad decision to buy low, if you have some money left. but somehow i can unterstand the people, which buy btc for such a high price like 18k per coin or more, that they prefer at the moment selling their coins instead of spending more money into the market, because some of them have put all their money inside allready :-) i mean, as i can see on your rank, you are in cryptos since a while, so it's easy to say don't sell because you probably have not made any losses yet. but for people, whitch lost 50 per cent or more of their money over the last 2 weeks, it's a hard decision, especially to put more money inside the market :-) I totally agree that it is hard if the current price is far below the price at which you bought in. That I why I thought I would make this thread, to try to calm people's nerves and get them to see the bigger picture, not just how the price has moved since they came into crypto. If I can just help one person not to panic, I will be happy |
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For anyone who is panicking at the market-wide price drops, please don't! There is no reason to panic. Look long-term, don't look at price charts over the last week or month, look at them over the last year and see the pattern of rises followed by pullbacks... but the course is always upwards.
If you're new and bought in during December and now see huge losses... the worst thing you can do is sell now. Prices will increase in the long term. The current dip is just a correction to the wild excesses of last month. Don't panic!
If the prices you can see now are lower than the prices that you bought in at, then the best thing you can do is buy more. Why? This will lower your average entry price.
If you bought bitcoin at $16000 and see it now at $8000, the course of action is clear: buy the same amount at $8000, and your average entry point is no longer $16000, it's (16000+8000)/2=$12000.
Don't sell, buy!
I think it is quite for me to be calm because all my money are in the coins.  In that case I would say: 1) have one look at the price charts over the last year or all time to get some perspective (not just this day or month) 2) close the price chart window and don't check it again. come back in maybe a month. 3) if you believe in crypto, then don't sell! I'm just trying to stop people from making bad decisions. If you sell now then you have a guaranteed loss. If you hold and try to forget about it and come back in a few weeks or a month, you will see higher prices again. |
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I think it's a general correction triggered partly because December rose too high and had to pullback some, and partly because of a swathe of negative news stories in the last month or so. The latest dip is probably also affected by automatic filling of a load of sell orders as we drop past price milestones, such as $10k for bitcoin.
And all through this, some of the people who only got in recently will quite naturally start to panic and want to cut their losses. This I think is now the main driver of the fall, plus experienced traders trying to exploit this by shorting their coins.
Believe in crypto. Don't panic. Lower your average entry point if you can. Look to the future, we will see green again!
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nice one bro , im doing this too  , but its hurts lol Glad I can help! I'm posting just to try to stop newcomers from making rash decisions. I know the panic myself from when the market dipped just after I entered. I don't have a huge amount of experience, but I'll pass on what I can. This is absolutely the time to clear your emotions out of the way and make calm, considered decisions. Remember if you believe in crypto, then any chance to lower your average entry price is a great opportunity. |
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For anyone who is panicking at the market-wide price drops, please don't! There is no reason to panic. Look long-term, don't look at price charts over the last week or month, look at them over the last year and see the pattern of rises followed by pullbacks... but the course is always upwards.
If you're new and bought in during December and now see huge losses... the worst thing you can do is sell now. Prices will increase in the long term. The current dip is just a correction to the wild excesses of last month. Don't panic!
If the prices you can see now are lower than the prices that you bought in at, then the best thing you can do is buy more. Why? This will lower your average entry price.
If you bought bitcoin at $16000 and see it now at $8000, the course of action is clear: buy the same amount at $8000, and your average entry point is no longer $16000, it's (16000+8000)/2=$12000.
Don't sell, buy!
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For me the percentages would be different. If I had made $1 million in crypto, I would convert maybe 30% to fiat and keep 70% in crypto because I had seen it grow so much. But if I had $1 million in fiat I would be more wary and only put maybe 30% into crypto and keep 70% in fiat. I think the difference is a sort of inertia where I would be biased towards keeping the majority of the money where it is, and only converting a small amount into the other. Or maybe I am just illogical |
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We all need to wait, and give the new system some time to settle in. Yes it is frustrating to make what you think are quality posts, but get no merit. I myself have not earned any beyond what I was originally assigned - although this may just mean that my posts are poor quality If the system doesn't work as intended, then I'm sure that it will be revised. In general, merit is a great idea, it may or may not need tweaking as time goes on, but we must learn to live with it and try to raise our post quality. If after a few months people have zero merit and can point to a catalogue of evidence of quality posts, then that is better than just complaining after a couple of days, with no evidence. Also please could this thread be moved to the 'meta' area of the forum? It shouldn't be under the alts section. |
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It's just a prelude to regulation. They want to stop the scams, and in an unregulated market the only way to do that is to start by banning everything, and then later on approve the legitimate ones . It's just a very broad approach as a first step. Crypto will be back on there, I'm sure of it. And if it means the scams get blocked then so much the better.
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It's similar to what governments are doing. They don't want to ban crypto, they want it regulated. Regulation takes time, so the initial position is to ban everything until such time as there is sufficient oversight, then cryptos will be allowed again. They even say this 'policy is intentionally broad'. Give it time, the scams will be blocked and legitimate projects will be permitted.
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I totally agree with the point about the answer being affected by how much $1 million means to you.
I think it is an interesting question, and maybe I phrased it too imprecisely:
If your total money in the world is $1 million, then -
If it is all in crypto, how much would you convert to fiat?
If it is all in fiat, how much would you convert to crypto?
Are these two answers the same, and if not then why not?
What I am suggesting is that logically the two answers should be the same, but in practice they may not be... and there are various reasons as to why that might be the case.
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