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Author Topic: How to overcome fear and doubt in bitcoin?  (Read 388 times)
goodvibes05
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February 12, 2018, 09:34:41 PM
 #41

     Most of the people now have fear and doubt because of bitcoin price down. We always read and see repeatedly"bitcoin price is down,should we sell or hold?",it is the end of bitcoin?..etc...etc....
    Most of the people who invest in bitcoin are fear that they will not gain profit ant lose their capital. Others has a doubt if bitcoin can recover or not...
Is there  any cure for this matter?
actually that's true. People or investors as well have a panic attack because of what's happening with bitcoin now. I myself feel the same too, because of bitcoin falling down. But if we believe in bitcoin, we have to be patient and hold still because it will definitely go up again, it always do after the clash. That's the reason why many people invest in bitcoin, they belive it will give them profit. To overcome the fear and the doubts, just believe and be patient. For sure in a matter of time bitcoin will still recover.

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Byatt
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February 12, 2018, 09:37:12 PM
 #42

Because bitcoin is in the process still to many people to adopt it has many speculations either negative or positive.  People who invest and believe in bitcoin might be our inspiration and we can tell they have their biggest luck so far with bitcoin.  It helps also learning about bitcoin the history from the beginning until now.  When you are ready to put money in to it just invest what you can afford to lose. Be informed of the news about bitcoin and I think for now bitcoin is a good asset or investment.
khaled0111
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February 12, 2018, 11:38:12 PM
 #43

If you want to make profit you have to take risks. Nothing is guaranteed, chances are 50 50 depending on your skills and choosing the right moment when to buy and when to sell.
People that panic easily are usually small investors that have a small amount of money and just want to see it grow fastly, but big whales  always have planB in case things don't go well.

icopir
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February 13, 2018, 12:05:13 AM
 #44

I think that this feeling is difficult to change because the risk in this area is common and without it there is nowhere to go, even after a while the fear of investing is present and it is quite normal as I think
aardvark15
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February 13, 2018, 12:16:57 AM
 #45

     Most of the people now have fear and doubt because of bitcoin price down. We always read and see repeatedly"bitcoin price is down,should we sell or hold?",it is the end of bitcoin?..etc...etc....
    Most of the people who invest in bitcoin are fear that they will not gain profit ant lose their capital. Others has a doubt if bitcoin can recover or not...
Is there  any cure for this matter?

I think the best way to overcome fear is with time. I started investing in Bitcoin at the end of 2013 and I did a lot of panic buying and panic selling. Now I have come to expect price fluctuation, corrections, and crashes. I’ve seen a crash and recovery before so I wasn’t surprised to see the price crash this time. So now I’m just holding through the price drop and I expect to see new highs eventually.
Xardasim
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February 13, 2018, 12:52:47 AM
 #46

Nobody does not know how price will be tomorrow because there is no reason like any news will influence cryptocurrency. Cryptos are downing because most of the crowd are selling their bitcoins. So nobody will exactly say you that how will be end of BTC. If my opinion  is interesting to you i wanna say you for this time HODL and when its arrived you will sell your BTCs for higher price.
batang_bitcoin
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February 13, 2018, 12:57:52 AM
 #47

Most of the people now have fear and doubt because of bitcoin price down.
You should add that most of the new investors are having doubts and fear if bitcoin's price will go up again.
We always read and see repeatedly"bitcoin price is down,should we sell or hold?",it is the end of bitcoin?..etc...etc....
That is because they are inexperience and this might be the very first time to encounter correction.
Most of the people who invest in bitcoin are fear that they will not gain profit ant lose their capital. Others has a doubt if bitcoin can recover or not...
It they have invested just to earn that much and didn't invest because of the tech behind that's what they'll get.
Is there  any cure for this matter?
Believe to bitcoin and the blockchain technology, for sure in the future many will adopt it.

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February 13, 2018, 01:05:37 AM
 #48

     Most of the people now have fear and doubt because of bitcoin price down. We always read and see repeatedly"bitcoin price is down,should we sell or hold?",it is the end of bitcoin?..etc...etc....
    Most of the people who invest in bitcoin are fear that they will not gain profit ant lose their capital. Others has a doubt if bitcoin can recover or not...
Is there  any cure for this matter?

Only way it to read and learn. What Bitcoin actually is. What is it bringing to us. You will soon lose all fears. You will be just sad when price will go down. No more afraid.
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February 13, 2018, 02:04:21 AM
 #49

I've been reading bitcoin's history since it was launched and studying its graph and understanding it, thus helping me to be optimistic about bitcoin now and its future. The graph will suffice to tell how really strong bitcoin is and how bright its future.

entrepmind23
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February 13, 2018, 02:26:38 AM
 #50

You just have to believe that bitcoin will be more valuable in the future. Many people fear that bitcoin would not have any value in the future because they hear and see all the FUDs relating to it but if you search more about it and understand why Satoshi made it then you will be able to grasp the reality that is happening around in the financial industry. Though it may be hard to let go of the fiat system, at least there is already an alternative to it which can become the currency in the future or may retain as an alternative payment system.

It is hard to let go of the fear and doubt when you put some money in the line but you have to take the risk or else you would not be able to move forward. All those people who are successful now one way or another took risk before that's why they are reaping the rewards now. You may be suffering now but think of the possibilities when you are able to surpass it. Just always think positive.

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Gotomoon
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February 13, 2018, 03:29:44 AM
 #51

To overcome this fears and doubt in bitcoin before you will be involve in this cryptocurrency you should the know the terms of risks. Every investment in any platform risks is always  existing and your mind set is positive that bitcoin will rise its value.
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