how often do you check BTC price and how to cope with stress associated with this? I am checking it every few hours and it drives me crazy and makes me anxious. Is there anybody in a similar situation and how do you cope with this?
PS: I was trying to do this once a month, but I think, I missed the beginning of the bear market in January this year because of this.
Thanks,
Mike
almost every day I see changes in market conditions, because I can easily see it through the application on my handphone in my hand. to deal with stress due to market conditions that have not recovered as it is today. I am entertaining myself by doing other work that can make me earn money. for example by participating in a prize campaign program or doing daily trading. in essence, I will concern myself not to always think about the market prices that have not recovered. |
|
|
|
|
I think for the first time, you have to find someone who can be trusted and start learning from that person's experience. start looking for a community that talks about trade and immediately joins them. You can also search from the internet, I think there is a lot of content that contains strategies to trade cryptocurrency on the internet. You can also see with YouTube or something else. but I think the best in learning to trade is to find someone who can be trusted, who is willing to give their experience to you.
|
|
|
|
|
I think three years later cryptocurrency will be increasingly recognized by many people and more and more people are looking for income with cryptocurrency. and of course more and more ico coins will appear, but it won't affect the top ten bitcoin and coins. and market conditions will definitely be more crowded with buying and selling activities. so I think three years later the market price will be even higher.
|
|
|
|
|
I saw your post last June. and indeed at that time, the market showed blue. but then we all see that the market is not what we expect today. it's been a very long time for me to survive and wait for prices to recover, even though all this is very boring. in my opinion calmness and patience are needed to deal with the current market conditions.
|
|
|
|
|
I think that most altcoins follow the bitcoin trend. I think bitcoin is still the benchmark for other coins. although not all coins follow the development of bitcoin. Now there are so many ico coins that have just appeared on the cryptocurrency market. and I think the newly emerging coins have a lot of risks, and fail so their prices continue to break.
|
|
|
|
Very few of us have seen first rise and nose-dive of bitcoin. Then came the tremendous growth report of bitcoin which forced the world to take bitcoin and alt-coin seriously. This tremendous growth soon started to get correctly. That is from 16000 USD to ~6200 USD correction has happened so far. As as of now the prices have remained stable about 6000 USD.
Do you think this the better time to go for bitcoin purchase spree again? As from the bitcoin price history bitcoin has shown tendency to spike periodically.
Considering the bitcoin novelty has worn off across the glob, Now there is sufficient awareness about the bitcoin and crypto. what could be the driving factors If yes then what could be the driving factors for the growth? As previous factors may be less significant this time.
I think buying bitcoin or altcoin at the moment depends entirely on your personal readiness, are you able to hold your coins even if the price of bitcoin starts to fall once again? If you can accept that, buying bitcoin is the right time for you, because I think the current market price is still stable below. and no one knows for sure what will happen next. can go up and it can also go down, depending on the amount of demand that will encourage the growth of bitcoin. |
|
|
|
|
indeed today there are many ico that are only nonsense, which does not give rewards to people who have participated and worked on the ico project. but in my opinion removing ico is not the best way to do it. by participating in various ico, can make someone earn income. and people can take advantage of their free time. and in my opinion, hunting ico can make someone minimize their sense of saturation when they see market prices that are not as they expected today. and with the presence of ICO, it might be an attraction for wealthy investors who want to enter the world of cryptocurrency.
|
|
|
|
|
there are several reasons for me to respond to your statement. first we must understand that the government cannot control or control bitcoin. hence the government will be too difficult if they want to prevent the growth of bitcoin. second, maybe they are still considering the benefits of bitcoin. we all understand that there are so many benefits of bitcoin for people. with bitcoin, people can trade securely and they can also earn money with bitcoin. and can make human life even better. isn't all that a positive thing ...? so I think the government will definitely let bitcoin continue to grow and they will think again if they want to prevent it.
|
|
|
|
|
I am sure that all that might happen in the future. nowadays more and more people are using and utilizing bitcoin and cryptocurrency. and the more time goes by, the more people will want to learn and jump into the world of cryptocurrency. we can imagine if someday the majority of people have used cryptocurrency. if indeed the majority of people have used cryptocurrency, then surely someday people will use cryptocurrency as a tool for any transaction.
|
|
|
|
|
yes, in my opinion the experience will be the best teacher for yourself. I also experienced something like what you felt. in trading there must be a failure and we must be patient with everything. You also have to always see market price movements if you trade daily. You must take advantage of the momentum, and don't become a greedy trader. it's better to get little results, than we finally regret because prices fall again.
|
|
|
|
|
maybe you can start trading at this time because the current price is below and you also have to learn all about trading. because in my opinion experience will be the best teacher for yourself. in trading there must be a failure and we must be patient with everything. You also have to always see market price movements if you trade daily. You must take advantage of the momentum, and don't become a greedy trader.
|
|
|
|
|
I myself also have saturation with conditions like this. but I still persevered and there was no intention to resign from the current market. because I will experience defeat if I surrender at this time. we all have to be sure that the price will definitely recover soon. by waiting for the price to recover, we must be able to make a profit for our daily needs. I recommend doing daily trading, or earning income by participating in several bounty campaigns. maybe all of that can be done to be able to minimize panic and boredom when facing the current market situation.
|
|
|
|
|
I do not understand what you are saying, and I do not believe if ethereum is fraud. indeed until now eth prices have not recovered, but I still believe if eth is not a fraud or a ponzi scheme or something else. I see there are still a lot of people who hold eth and eth are also the best altcoins in my opinion. I see some ico projects working with eth. I don't care about what other people say, I still believe in ethereum, and I'm sure the ethereum market will definitely recover soon.
|
|
|
|
Hey, guys!
I become more and more nervous about my crypto safety.
I used different wallets for different coins before and now I want to choose one wallet for everything.
I have Bitcoin, Ethereum and Ripple.
The point is that even the biggest and as I thought the most reliable wallets have problems these days.
Money disappear somewhere, there's problems with access and withdrawals.
Can you recommend me a good, safe and reliable wallet, please?
I'm sure you have more experience in it.
maybe not only you are afraid, in my opinion everyone must be afraid of losing their money. I am currently using myetherwallet (MEW), and there are no obstacles in me to date. maybe the MEW wallet can be a recommendation for you. Don't be too scared and too panicked, maybe you should always learn about strategies and risks. if until now you are still afraid, you better leave the crypto market. and looking for jobs that you feel are safer that do not pose a risk, so you do not continue to be haunted by fear. |
|
|
|
|
I have never been cheated and hopefully fraud does not happen to me. indeed not a few people who want to get profits but in a negative way. and that is very worrying in the world of cryptocurrency. I myself work with hunting prizes in various ico campaigns. and there are some ico who don't give me rewards, and in my opinion it is fraud. maybe that's the only thing that makes me disappointed, already working but the ico manager gives no rewards. that's the only bad thing that happened to me.
|
|
|
|
|
yes, it does not have to be with large capital to make a profit in cryptocurrency. You also have to think that behind the big profits there is also a big risk too. especially if you have to sell some of your property, and that will be very risky for yourself. so it's true what you say, it's better that you invest in the amount you can afford to lose. don't be someone who is greedy.
|
|
|
|
|
very easy to talk like you do. but for me the topic of the conversation was very reasonable when I saw the long-standing market movements did not immediately rise to the top. Maybe you say that, because you don't think that many people start buying bitcoin when the price is above. try to remember when at the end of last year, the end of last year the price of cryptocurrency increased dramatically and not a few people who began plunging into the world of cryptocurrency at the end of last year. and when things are like this, it is not natural for them to complain about the situation and really hope the price will recover soon.
|
|
|
|
|
in my opinion not only those of you who feel saturated see the current market movements. already tired enough to wait for prices to rise and stabilize upwards. but I think, I myself must remain patient in facing this kind of situation if I want to benefit. and I try to do various things that can eliminate current boredom. for example I am looking for a job that can make money for my daily needs. and that slightly relieves the pain when I see prices that don't recover soon enough.
|
|
|
|
|
in my opinion when a country accepts bitcoin, surely there will be new rules that will be raised by that country. and these rules may only be rules for transactions and will not eliminate the decentralized nature of bitcoin. I think bitcoin will become an acceptable currency in a country and accompany the fiat currency in that country. I think bitcoin will be increasingly known to people in a country, if bitcoin has been accepted even though there must be rules.
|
|
|
|
|
in my opinion bitcoin is independent and does not depend on fiat currencies. when you say that bitcoin depends on the dollar, maybe because the dollar is better known by the majority of countries. indeed the value of bitcoin is calculated with fiat currency, but I don't think it's just a dollar. every country must have its own fiat currency. and users in that country must see the value of bitcoin with their own currency. thus the value of bitcoin can be known by all countries in the world.
|
|
|
|
|
Show Posts
