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Author Topic: Those who survived previous winter, please share some courage!  (Read 667 times)
DanWalker
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January 21, 2023, 08:35:35 AM
 #101


...If you are in doubt with Bitcoin or overall crypto investment then this place isnt for you because
the main thing you should mind first is on to accept the risk and bare it up on the time you do step into this market.

For those who have not yet witnessed the collapse of bitcoin, we should also sympathize with them, although they took the risk and were willing to lose the money they invested, once invested, no one wanted to lose their investment. The feeling of fear of newbies is the same feeling we had experienced in the past when we first entered the market. I believe there isn't a single newbie who didn't panic when he first saw bitcoin drop 80%. Belief must be built over time and cannot be formed in thought without experience.

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Ziskinberg
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January 21, 2023, 10:27:48 AM
 #102


...If you are in doubt with Bitcoin or overall crypto investment then this place isnt for you because
the main thing you should mind first is on to accept the risk and bare it up on the time you do step into this market.

For those who have not yet witnessed the collapse of bitcoin, we should also sympathize with them, although they took the risk and were willing to lose the money they invested, once invested, no one wanted to lose their investment. The feeling of fear of newbies is the same feeling we had experienced in the past when we first entered the market. I believe there isn't a single newbie who didn't panic when he first saw bitcoin drop 80%. Belief must be built over time and cannot be formed in thought without experience.
Newbies can't figure out what really happens in the past few years and I understand them but I think it is also important for them to know about it. Perhaps, it was their obligation to search back and understand why old investors are encouraging them to hold. It is important to educate ourselves and don't just remain as newbies, we have to enhance our knowledge as well even though we are new in the crypto market. Otherwise, we never go far and remain ignorant of what happened before.

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DanWalker
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January 22, 2023, 02:31:26 AM
 #103


...If you are in doubt with Bitcoin or overall crypto investment then this place isnt for you because
the main thing you should mind first is on to accept the risk and bare it up on the time you do step into this market.

For those who have not yet witnessed the collapse of bitcoin, we should also sympathize with them, although they took the risk and were willing to lose the money they invested, once invested, no one wanted to lose their investment. The feeling of fear of newbies is the same feeling we had experienced in the past when we first entered the market. I believe there isn't a single newbie who didn't panic when he first saw bitcoin drop 80%. Belief must be built over time and cannot be formed in thought without experience.
Newbies can't figure out what really happens in the past few years and I understand them but I think it is also important for them to know about it. Perhaps, it was their obligation to search back and understand why old investors are encouraging them to hold. It is important to educate ourselves and don't just remain as newbies, we have to enhance our knowledge as well even though we are new in the crypto market. Otherwise, we never go far and remain ignorant of what happened before.


In my opinion, advice or studying history only partially helps them, and cannot help them have strong and absolute beliefs like us. Our trust is built over the years by experiencing and raising awareness for ourselves. So I think let them experience things for themselves in this bear season they will have the same faith as us. There is no better advice than to experience it for themselves, and once they have it, no bear season can scare them away again.

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rozak
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January 22, 2023, 04:35:53 AM
 #104

In my opinion, advice or studying history only partially helps them, and cannot help them have strong and absolute beliefs like us. Our trust is built over the years by experiencing and raising awareness for ourselves. So I think let them experience things for themselves in this bear season they will have the same faith as us. There is no better advice than to experience it for themselves, and once they have it, no bear season can scare them away again.
what you say is right. those who survive the bear season will have firm faith. but those who falter will be cast aside. that's what we will always see when the market situation fluctuates. would naturally select those with willpower and those who simply wouldn't be able to endure even the slightest shock.
but when the bull market revives, everyone will flock to the market again to start again. and it was too late because they missed the very cold bear season.



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Rainbot
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January 22, 2023, 09:35:41 AM
 #105

Newbies can't figure out what really happens in the past few years and I understand them but I think it is also important for them to know about it. Perhaps, it was their obligation to search back and understand why old investors are encouraging them to hold. It is important to educate ourselves and don't just remain as newbies, we have to enhance our knowledge as well even though we are new in the crypto market. Otherwise, we never go far and remain ignorant of what happened before.
That's fine, they will live and learn. I mean I didn't understand what was going on in 2014 and 2015 period neither. I thought that in 2014 we were going up so high that it was always a shock the more it went up, and I didn't think that it would ever go higher and it still went up, it was insane period because it was the first time I saw it rising like that. Imagine seeing it at 30-40 dollars and then one day it was like 1400 dollars, that was insane.

Also following that it crashed to 150 dollars or so, did not see that as a thing neither, didn't know if it was dying or not. After that 2017 was a bit more expected, still higher than I expected, from 700 low on 2017 to 20k high, that was a lot, but it was expected to go up at least. So in 2021, it was just boring good old increase that I always knew that would happen.

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Lillominato89
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January 29, 2023, 03:03:17 AM
 #106

I started learning about bitcoin shortly after the 2017 dump, when it was worth around $3000 and I started accumulating on that price. Over time, studying I understood that in trading if you don't really want to hurt yourself you have to maintain a "zero emotion" attitude " not to get anxious and think about simple rules, buy low and sell high, and it doesn't matter if days or weeks or months can pass between a buy or a sell! the important thing is to bring the profit in your pocket Wink

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kapalmabur
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January 29, 2023, 03:40:42 AM
 #107

In my opinion, advice or studying history only partially helps them, and cannot help them have strong and absolute beliefs like us. Our trust is built over the years by experiencing and raising awareness for ourselves. So I think let them experience things for themselves in this bear season they will have the same faith as us. There is no better advice than to experience it for themselves, and once they have it, no bear season can scare them away again.
what you say is right. those who survive the bear season will have firm faith. but those who falter will be cast aside. that's what we will always see when the market situation fluctuates. would naturally select those with willpower and those who simply wouldn't be able to endure even the slightest shock.
but when the bull market revives, everyone will flock to the market again to start again. and it was too late because they missed the very cold bear season.
You could say the bear season is like a filter those with strong will will survive and vice versa,
it must be admitted that it is not easy to survive the bear season,
having a strong mentality and patience is essential to survive bear season.
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