I am not considering myself as a veteran even if I was like doing crypto during early 2017, but to keep myself calm, I just don't look often to the price. Even if the price is not like 1.00001x of what I invested already, I just do my usual stuffs. It's not like I risked everything anyway, and because of that one should not worry about anything. I don't mind if there ain't nothing to cash out. Just don't look at Bitcoin as something that will make you rich or even a replacement for your 8-5, and from that reason is why other people fully commit all their assets, even their houses, into it.
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Sheez. I thought the Musk period was over, but now it is getting brought up all over again here in crypto, let alone this forum. Let the guy just be and invest in your own discretion. Oh... and yes, the good ol' DYOR. One of these people would complain that the guy dumped the coins one day.
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They yearn for short term gains because of the volatility. The volatility of the market made them expect a lot in crypto space unlike stocks. I am still leaning to stock trading, and somehow I can see slightly the difference between them and knowing that my mindset in crypto would not apply in stocks as well.
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That would depend actually, but for it reaching $1 is quite impossible. If you're imagining this situation, first of course the panic will happen, but for some hodlers they'll just buy more of course. I wouldn't mind of that as it is more of opportunity. I wouldn't just commit all my assets to it for obvious reasons. Imagine all of your assets became worth <$1.
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From the last plummet of BTC, it seemed to be a whales trap so pretty much it is them. I would not mind if it is a bear market in the next "x" days. It is a more opportunity for me to buy more. I just hope that newbies not in this forum, but in crypto investment would consider taking that opportunity as well. Not an opportunity to panic.
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It is the reaction of those who are following celebrities, while those celebrities you're mentioning don't even have a single knowledge about crypto. Let the price of BTC dip and take the opportunity to buy more instead.
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Terrible fear? OP stop spreading fear to other users in here. There are a lot that are just meh still in this dip. Quite of an opportunity to buy more to be honest.
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It is obvious that the OP is just chasing for earning money in here. S/he already made her/himself revealed in this thread in case you are still wondering. Please motivate me! How to get high rank?OP has been inactive for almost week now and I doubt s/he will even bother to read all of the replies here now.
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I am kind of sus of these two send merit to each other with just 7 minutes in between sending merits. Both are described as Female in their profile and the composition of their post is quite similar.
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It will all just turn out to be just all p2p exchange which is not that bad at all in my case, just a bit hassle for me. Right now, I can still occasionally convert a little bit of my BTC to fiat to your mentioned reasons of converting one, but if one day those will be blocked out. My plan would be to find some people around my area that buys one.
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You're entirely entrusting your identity to groups of people that would not care if someone was willing to pay them for selling all of their user's info. I am not saying that reputated exchange would do this anytime soon, but it is money on what businesses like these exchanges are after.
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So it was all just breakeven for your acquaintance, huh? What was his/er reason of loaning in the first place, anyway? As I mentioned in this thread before, it is just doubling your risk because you might not be able to pay the said loan and it would be almost just breakeven at the best.
I am still curious on the reason of your acquaintance though.
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That China crackdown does not still stop popping up in my news feed in Facebook, so yeah it is indeed really loud outside the forum still. Somehow the return to 30k+ is nice already so we got that, but that is it.
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Heard of those a lot in here back in 2017, but it was always a "meh" for me even when I was still a newbie back then. Imagine why do people still work a lot when there's possibility that doublers even exist in the first place. From that mindset, I never believed in any of these doublers.
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Some just don't really see the bigger picture at all. There are those claiming that they are long-term hodlers but they are looking for short-term movements of the price. In 2019, I saw that the price was like around 4k but turned out to be rebounding back to 10k anyway.
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No Bitcoin to buy? That is quite unimaginable, OP. When that is almost happening, the price could have been way higher than imagined right now and people would consider selling their Bitcoins at that point.
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Get used to fluctuations, OP. Weren't you paying attention when dips happen and suddenly one miracle day it just surged upwards again? Get used to it because it is gonna happen a lot when you're into long-term hodling or if you are not really into that, just don't look at the price and now that you mention that you ran out of funds. Take a chill pill out of crypto.
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Oh tell me the same thing as well when it was back in 2017. I even recall when people are still like telling others not to panic sell because anytime soon the price will be around 20k by that time already. Although it failed to get past that price, I knew that a lot already panicked. Imagine those people that exited the market four years ago see the price now.
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Uhmm.. just like everyone trading in here are in it for profits. I don't think people trade to get losses. Why not take a chill pill, OP? Enjoy the opportunity to buy more and wait til the price again goes back up. Actually it was now up to about 33k as of writing this and that 28k that you and I saw just happened in the blink of an eye before it get back up again.
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Well thoughts on whether it'd be trading stocks or crypto? It does not matter anyway. If you can trade like for majority of the day, trading would suit the best at your pace. If not, it is the hodling that you can do.
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