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Author Topic: WHY ANXIOUS ABOUT BITCOIN PRICE?  (Read 2179 times)
Cherylstar86
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January 29, 2019, 12:34:51 PM
 #121

We all know that Bitcoin prices have dropped sharply after a fairly high price increase at the end of 2017, and until now there has not been a surge in price increases that can exceed the highest price Bitcoin has ever reached. If your father really thinks of avoiding the risk of a greater loss, then he wants to sell it, so I think that is something to do because no one can ensure that bitcoin will rise again the price is much higher than the previous price seeing the market situation this time. But if your father still has confidence in Bitcoin, you should wait for the first quarter of this year, maybe the price of bitcoin will rise and your father can avoid the risk of loss from the investment he made.
Market keeps on moving ups and downs, it seems to be very uncontrollable. It's very important that we are aware, knowledgeable, and well-educated about its nature, so we will be able to learn how to deal with its trend wisely and strategically. Feeling anxious is a normal feeling but don't let it distract you too much, don't be too affected with it because it doesn't help at all. It only hinders productivity and success. Take a look at the brighter side and don't lose hope.
mich
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January 29, 2019, 04:35:15 PM
 #122

Anxiety is brought upon by stress so if youre stressing the price of Bitcoin, this is where your anxiety is coming from.
For a person to buy Bitcoin at a price of, for example, 5,000$ and now see the price around 3,500$, you can become anxious to when you will recover your money.
This is very common in investing or the little investing I do.  But its a feeling that is difficult to avoid especially in the crypto market.

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serjent05
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February 04, 2019, 10:42:14 PM
 #123

If he bought his bitcoin at $18k-$20k price then he has the right to be anxious  Grin. Well, he has no other choice if he wants to recover his loses but to hodl and wait. Though it cannot guaranty him to recover it in holding but at least there could be a chance unlike if he sells it now his lose will be sure and there will be no chance for him to recover it back. All investment is risky and it is compared to gambling too, so no pain, no gain. Better lose in trying than lose in not trying at all
anehh
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February 05, 2019, 02:01:45 PM
 #124

If indeed your father feels anxious and unsure, I think it's best to sell even at a lower price. Because no one can ensure the price of Bitcoin will rise again, maybe the price of bitcoin will actually go down even further. That is why if there really is a need that must be fulfilled and afraid of the risk of loss that is greater, then in my opinion it is best to sell the bitcoin that your father has from being a burden of thought which ultimately makes your father stressful later on.
Raggie
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February 08, 2019, 03:32:14 PM
 #125

Usually, peoples who anxious about bitcoin price are they who have many coins in their possession.
If you have only some fractions of bitcoin, then you won't be anxious about it because you won't loss much if the price going down.
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