Bitcoin Forum
December 17, 2017, 05:15:16 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 »  All
  Print  
Author Topic: Has cypto always been this stressful?  (Read 835 times)
ContrivedShark
Jr. Member
*
Offline Offline

Activity: 43


View Profile
August 07, 2017, 01:56:56 AM
 #1

I am quite late to the party, joining only 3 months ago.

I bought a bitcoin and invested in a number of alt coins.

In that time my portfolio doubled in value, halved in value, bitcoin forked, and I am now just about in profit again.

Has it always been this stressful?

Regardless, I am hooked...
1513487716
Hero Member
*
Offline Offline

Posts: 1513487716

View Profile Personal Message (Offline)

Ignore
1513487716
Reply with quote  #2

1513487716
Report to moderator
1513487716
Hero Member
*
Offline Offline

Posts: 1513487716

View Profile Personal Message (Offline)

Ignore
1513487716
Reply with quote  #2

1513487716
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513487716
Hero Member
*
Offline Offline

Posts: 1513487716

View Profile Personal Message (Offline)

Ignore
1513487716
Reply with quote  #2

1513487716
Report to moderator
ranreichman
Full Member
***
Offline Offline

Activity: 140

Snip CEO


View Profile WWW
August 07, 2017, 02:18:18 AM
 #2

Yes. In crypto a week is like a month in regular trading. The best way to handle it is to lay low and hodl.
The past weeks were extreme but expect similar stuff in the future

Pearls Before Swine
Sr. Member
****
Offline Offline

Activity: 406


View Profile
August 07, 2017, 02:33:42 AM
 #3

Been in crypto for about 2.5 years now, and it has always been this 'stressful'.
I don't get stressed about it,  tho, because I didn't make any major investments
in it like you did.  You probably should have taken a profit when you doubled
your money.  Nothing wrong with that.   If your goal is to just hold, you might
want to not be checking the price constantly.
6Asmodeus6
Full Member
***
Offline Offline

Activity: 154


View Profile
August 07, 2017, 02:37:01 AM
 #4

I used to watch cryptocurrency charts but since I wasn't trusting them i never made an investment Cheesy.I don't know if it's something that you should get stress unless you are risking a lot of money but it was always like that.There were up/down movements on the charts.At the end of the day if you are profiting that it what it metters. Smiley
prometheum
Jr. Member
*
Offline Offline

Activity: 51


View Profile
August 07, 2017, 03:40:15 AM
 #5

Yes it has always been very stressful during the lows, but the highs kind of make up for it.
jedigeiss
Jr. Member
*
Offline Offline

Activity: 36


View Profile
August 07, 2017, 05:21:08 AM
 #6

yeah always ... things are just a bit more flexible Smiley
chip1994
Sr. Member
****
Offline Offline

Activity: 259



View Profile
August 07, 2017, 05:29:59 AM
 #7

I am quite late to the party, joining only 3 months ago.

I bought a bitcoin and invested in a number of alt coins.

In that time my portfolio doubled in value, halved in value, bitcoin forked, and I am now just about in profit again.

Has it always been this stressful?

Regardless, I am hooked...
Unluckily, the time you investing to the market is worst time in this year, because in this time ended bullish trend from March to May and beginning bearish trend in June until today the price of most cryptocurrency can't recovery to the value in May. Well the crypto market always has been this stressful, so everyday have some trader give up marketplace Grin

Immakillya
Sr. Member
****
Offline Offline

Activity: 392


Democratizing Global Trade - ICO NOW LIVE


View Profile
August 07, 2017, 05:38:10 AM
 #8

Yup. Your journey has just begun. Me, i encountered a lot of situations. Like diving on peak then the price dump quickly. That was really stressful because i lose almost half of my portfolio that time. Lesson to be learn: don't put all your eggs on one basket. Don't give what you can't afford to lose. The market is very hard to predict. So you must be careful.

Good for you because you earned good this time. Last month was bad because the market is having huge corrections. Now i see a lot of coins are recovering. I see IOTA is moving fast.

aleix
Legendary
*
Offline Offline

Activity: 1386



View Profile
August 07, 2017, 05:40:32 AM
 #9


Has it always been this stressful?

Regardless, I am hooked...


Nah, the scene is so much easy and calm now, I remember back in my early days....

Welcome to cryptoland Smiley


Bitcoin.Barcelona - @BTCbarcelona 
tsaroz
Legendary
*
Offline Offline

Activity: 980



View Profile
August 07, 2017, 05:49:24 AM
 #10


Has it always been this stressful?

Regardless, I am hooked...


Nah, the scene is so much easy and calm now, I remember back in my early days....

Welcome to cryptoland Smiley

Crypto world trading is more stressful at the moment.
With the rise of numerous options and the nature of most coins with general tendency of yearly increase in supply+halving makes it much more complicated.
And the steady rise of price of bitcoin makes the bitcoin-crypto trading portfolio complicated.

Tutellus██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
|██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
cryptosifu
Full Member
***
Offline Offline

Activity: 224


View Profile
August 07, 2017, 05:54:07 AM
 #11

Cryptocurrency can make or break you. 
White sugar
Legendary
*
Offline Offline

Activity: 980


View Profile
August 07, 2017, 05:55:55 AM
 #12

Bitcoin sed to be worse in the past, now is more stable, but still volatile.

Altcoins are like Bitcoin in early days.

Better be used or join the hodl team

Herbert2020
Legendary
*
Offline Offline

Activity: 1064



View Profile
August 07, 2017, 06:23:02 AM
 #13

well, you are dealing with money and it is a risky investment, nobody can doubt that. and because of this risk it becomes stressful. but how much stress you endure depends on many different things.
for example if you have invested a large amount of money, obviously you will endure a lot more stress than someone who has invested $50. and it is not just about the absolute number it is how much that number mean to you. $50 can be a lot for someone and a million can be nothing for a rich person. as they say, invest what you can afford to lose.

the other factor is how much experience you have. investing in bitcoin is easy. you always know bitcoin price will go up no matter what. in the long term bitcoin is the winner.
but when you invest in altcoins it is not true anymore. if an altcoin goes down it may never come back up. so you have to act accordingly. sell at a loss if you have to and prevent bigger losses and then invest at the bottom. never hold alts. this way you reduce the stress, consequently you can think better and make better decisions.

and don't worry you are still new (3 months is nothing). with time things will get easier for you.

.BITSLER.                 ▄███
               ▄████▀
             ▄████▀
           ▄████▀  ▄██▄
         ▄████▀    ▀████▄
       ▄████▀        ▀████▄
     ▄████▀            ▀████▄
   ▄████▀                ▀████▄
 ▄████▀ ▄████▄      ▄████▄ ▀████▄
█████   ██████      ██████   █████
 ▀████▄ ▀████▀      ▀████▀ ▄████▀
   ▀████▄                ▄████▀
     ▀████▄            ▄████▀
       ▀████▄        ▄████▀
         ▀████▄    ▄████▀
           ▀████▄▄████▀
             ▀██████▀
               ▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄            
▄▄▄▄▀▀▀▀    ▄▄█▄▄ ▀▀▄         
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄      
█  ▀▄▄  ▀█▀▀ ▄      ▀████   ▀▀▄   
█ █▄  ▀▄   ▀████       ▀▀ ▄██▄ ▀▀▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█  ▀▀       ▀▄▄ ▀████      ▄▄▄▀▀▀  █
█            ▄ ▀▄    ▄▄▄▀▀▀   ▄▄  █
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█ ▄▄   ███   ▀██  █           ▀▀  █ 
█ ███  ▀██       █        ▄▄      █ 
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  
▀▄            █        ▀▀      █  
▀▀▄   ███▄  █   ▄▄          █   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀    
▀▀▄   █   ▀▀▄▄▄▀▀▀         
▄▄▄▄▄▄▄▄▄▄▄█▄▄▀▀▀▀              
              ▄▄▄██████▄▄▄
          ▄▄████████████████▄▄
        ▄██████▀▀▀▀▀▀▀▀▀▀██████▄
▄     ▄█████▀             ▀█████▄
██▄▄ █████▀                ▀█████
 ████████            ▄██      █████
  ████████▄         ███▀       ████▄
  █████████▀▀     ▄███▀        █████
   █▀▀▀          █████         █████
     ▄▄▄         ████          █████
   █████          ▀▀           ████▀
    █████                     █████
     █████▄                 ▄█████
      ▀█████▄             ▄█████▀
        ▀██████▄▄▄▄▄▄▄▄▄▄██████▀
          ▀▀████████████████▀▀
              ▀▀▀██████▀▀▀
            ▄▄▄███████▄▄▄
         ▄█▀▀▀ ▄▄▄▄▄▄▄ ▀▀▀█▄
       █▀▀ ▄█████████████▄ ▀▀█
     █▀▀ ███████████████████ ▀▀█
    █▀ ███████████████████████ ▀█
   █▀ ███████████████▀▀ ███████ ▀█
 ▄█▀ ██████████████▀      ▀█████ ▀█▄
███ ███████████▀▀            ▀▀██ ███
███ ███████▀▀                     ███
███ ▀▀▀▀                          ███
▀██▄                             ▄██▀
  ▀█▄                            ▀▀
    █▄       █▄▄▄▄▄▄▄▄▄█
     █▄      ▀█████████▀
      ▀█▄      ▀▀▀▀▀▀▀
        ▀▀█▄▄  ▄▄▄
            ▀▀█████
[]
Butchick
Full Member
***
Offline Offline

Activity: 196



View Profile
August 07, 2017, 08:39:36 AM
 #14

The erratic values in crypto makes everything stressful. Because money is at stake and we all want to profit in allthe investments that we made in crypto world, the decreased value of some coins makes us anxious. Even the highs make us a bit anxious for it brings confusion as to sell or hold on to it for a while; pressure is always  high. 

stealth.money
Sr. Member
****
Offline Offline

Activity: 377


ARK --- all-in-one blockchain


View Profile
August 07, 2017, 08:58:35 AM
 #15

Not at all

ChinkyEyes
Sr. Member
****
Offline Offline

Activity: 336


View Profile
August 07, 2017, 09:07:38 AM
 #16

Bought an altcoin 2 years ago, joined this forum around November 2016 and I've never experienced stress.
Only had fun in seeing my portfolio grow.

Don't invest money you cannot lose. Invest without emotions and try to stay down to earth about it all. Keep in mind that there is a chance that you wake up one day and you might have lost your money.


 ▄████                ████▄
██▀                      ▀██
██                        ██
██   ▄  ▄▄▄▄▄▄   ▄▄▄▄▄    ██
     █▄███████  ███▀▀▀▀
     ███▀▀▀██▀  ▀██▀
     ███▀
   ▄███     ▄███▄
   █████▄  ▄██▀▀
   █████████████▄
   ▀██████████
     ▀▀█████████▀
        ██████▀
        ▀████████████
██       ▀██████████▀     ██
██          ▀▀▀▀▀▀▀       ██
██▄                      ▄██
 ▀████                ████▀
 



███                                                                      ███                              ███
███                                                                      ███                              ███
███                                                                      ███                              ███
███  ██████▄   ███   ▄███████████   ██████████████████▄   ███████████▄█████████  ▄██████   ███   ▄██████  ███   ▄███████████
███      ███   ███   ███            ███     ███     ███            ███   ███     ███       ███   ███      ███   ███
███      ███   ███   ███      ███   ███     ███     ███   ███  ▄▄▄▄███   ███     ███       ███   ███      ███   ███▄▄▄▄▄▄▄▄
███      ███   ███   ███      ███   ███     ███     ███   ███  ▀▀▀▀▀▀▀   ███     ███       ███   ███      ███    ▀▀▀▀▀▀▀▀███
███      ███   ███            ███   ███     ███     ███   ███            ███     ███       ███   ███                     ███
███████████▀   ███   ███████████▀   ███     ███     ███   ▀███████████   ▀██████████       ███   ▀███████████   ███████████▀
   

    / 
FACEBOOK    TWITTER
TELEGRAM    DISCORD
 

ContrivedShark
Jr. Member
*
Offline Offline

Activity: 43


View Profile
August 07, 2017, 10:26:13 AM
 #17

I have only invested around 2.5kusd and have accepted that I can lose it all!

I have picked out a few solid looking coins and plan to hold.

Currently my portfolio is: Ether, Waves, Shift, Ubiq, APX

Let's see what the rest of the year has in store.


kelnel
Jr. Member
*
Offline Offline

Activity: 51

Farming coins


View Profile
August 07, 2017, 05:05:35 PM
 #18

I try to not look at overall value of portfolio. I just keep my head in research on a certain coin, or on technical analysis of chart. That way I dont feel the swings. I just act on analysis. I check portfolio maybe once or twice a month. Its a nice way of keeping the stress away

Get cryptos but dont go broke tryin'
riskthebiscuit
Full Member
***
Offline Offline

Activity: 210



View Profile
August 07, 2017, 05:34:02 PM
 #19

the stress is what you make it really. If you are a day trader constantly trading then yeah your gonna be stressed out. Much more than the swing or position trader who would rarely check their portfolio. also if you got into crypto and knew it was volatile then you simply should expect some of this. Sure it is big swings but they happen both ways and the quicker we teach ourselves that the quicker we flourish imo

▀     DeepOnion  |  TOR Integrated & Secured  [ Facebook  Telegram  Bitcointalk  Twitter  Youtube  Reddit ]     ▀
Your Anonymity Guaranteed  ★  Your Assets Secured by TOR  ★  Guard Your Privacy!   ❱❱❱ JOIN AIRDROP NOW!
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬  File Authenticity Guaranteed by DeepVault  ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Asimov
Full Member
***
Offline Offline

Activity: 124


View Profile
August 07, 2017, 06:49:37 PM
 #20

just go  long term no stress
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!