My advice to Bitcoin newbies: relax

[zolfa]

Hello everyone, recently there has been a lot of panic on this forum due to the big price change of Bitcoin (as it always happens). Understandably, many people are confused and worried as they have lost thousands in their value, especially if they have bought higher than the current price. But as someone who has been into Bitcoin for 1.5 years (not too long, I know) I want to advice to newcomers to simply relax. Huge price swing were always a part of Bitcoin, so there's nothing extraordinary here and the worst thing you can do is to make panic trades. Basically, there are two main approaches to Bitcoin trading - you either hodl it, meaning you never sell it until it reached "the moon", or you are actively trading it to get profit from volatility. So, if you believe in Bitcoin's technology and don't have experience as a trader, I suggest you to not touch your coins - Bitcoin always tends to increase in its value in the long run.

I think it's natural that everyone feels panicked when bitcoin prices go down, especially people who have bought bitcoin of course they feel that the loss is getting closer.
Panic or worry may, but do not overdo it to make unreasonable decisions, sometimes just panic that makes us take the wrong decision.
One solution is to balance our panic with a sense of relaxation and patience, sure everything will come back as before and will not fall again....

[1713826469]

1713826469

[1713826469]

1713826469

[Bes19]

Newbies will panic coz they thought it is the end. But old bitcoiners will relax and take it easy. There is no reason to panic. It is normal to experience such dip especially these days due to some occassions. Yeah sometimes it is scary especially when you invested at higher value but don't worry market will be in green soon.

[KingOfWinterfell01]

Hello everyone, recently there has been a lot of panic on this forum due to the big price change of Bitcoin (as it always happens). Understandably, many people are confused and worried as they have lost thousands in their value, especially if they have bought higher than the current price. But as someone who has been into Bitcoin for 1.5 years (not too long, I know) I want to advice to newcomers to simply relax. Huge price swing were always a part of Bitcoin, so there's nothing extraordinary here and the worst thing you can do is to make panic trades. Basically, there are two main approaches to Bitcoin trading - you either hodl it, meaning you never sell it until it reached "the moon", or you are actively trading it to get profit from volatility. So, if you believe in Bitcoin's technology and don't have experience as a trader, I suggest you to not touch your coins - Bitcoin always tends to increase in its value in the long run.

He's right. To all the newbies out there who just bought and now in a dilemna of panic selling, just relax and keep hodling. You wouldn't get as much profit as you can if you do. Don't waste your the value your bitcoins have now by jumping the ship the moment you get a little drizzle. Relax and just hold.

[nellakarisma]

relax is very important not only for the newbie even the seniors must relax. especially after seeing the price of bitcoin or coin which again on the down.
sometimes I also pity gan after seeing their account there is no merit at all. if I see and I think their post quality.
if newbie jr member member want to relax how their account want to rise to rank aja difficult. whether they should accept this fate constantly .

[Gabb]

If something characterizes newbies, it is the extreme anxiety with which they enter the "business" of bitcoin looking for a way to make a lot of money quickly and effortlessly. Therefore, asking them to remain calm in the face of current volatility scenarios does not seem to be very valid for them, however I am convinced that if they are able to control their anguish and remain calm, their patience will be will be rewarded in few months.

[simpleholmes]

in addition when btc was 5k and reached 20k everything seemed very good but nothing was normal because that increase was not a healthy one. So because of greed the majority couldn`t see it and now this drop is quite normal due to the high rise.

[Doge dealer]

It makes no sense to enter into any activity without first equipping yourself with the necessary tools to get the job done , not only will it be laborious but you will experience ditches and bumps that could have been avoided.Newbies take the time needed to understand and learn what bitcoin is , the technology behind it and then you your less likely to get nervous so easily ,look at the facts huge conglomerates with reputations that they have built over millennia that are moving in the direction of bitcoins , do you think those companies would put their good names and brands and years and years of hard work at stake? , come on everyone lets wake up and smell the coffee or weed or whatever, bitcoins are here to stay.

[yohananaomi]

in addition when btc was 5k and reached 20k everything seemed very good but nothing was normal because that increase was not a healthy one. So because of greed the majority couldn`t see it and now this drop is quite normal due to the high rise.

maybe this is the most stable price for bitcoin, because the rise and fall is not very far away, if remembering at the end of last year can be seen very fantastic increase and the situation every time also unpredictable, the price goes up very high and finally quite confusing.
this price will last until the end of the month, and we see the next month.

[Bitcoinismylife12345]

Hello everyone, recently there has been a lot of panic on this forum due to the big price change of Bitcoin (as it always happens). Understandably, many people are confused and worried as they have lost thousands in their value, especially if they have bought higher than the current price. But as someone who has been into Bitcoin for 1.5 years (not too long, I know) I want to advice to newcomers to simply relax. Huge price swing were always a part of Bitcoin, so there's nothing extraordinary here and the worst thing you can do is to make panic trades. Basically, there are two main approaches to Bitcoin trading - you either hodl it, meaning you never sell it until it reached "the moon", or you are actively trading it to get profit from volatility. So, if you believe in Bitcoin's technology and don't have experience as a trader, I suggest you to not touch your coins - Bitcoin always tends to increase in its value in the long run.

I agree to what you say dude. Bitcoin community grows as the year passes and its price tends to increase as the community develops so don't panic whenever there's a quick change of its price in the market cause it will surely rise up again.

[alexseuwka]

Пpивeт

Steve Strongin said that it is possible for one or two cryptocurrencies to survive the so-called "speculative bubble", and even become a kind of analogue of Amazon or Google in the crypto sphere, but they will never achieve the same heights

[GavenJack]

guys, stop panicking, any financial instrument, has the property to change its price, or what's terrible is that the bitcoin price has fallen, it does not need to be written off, I'm sure that everything will be all right, for the bitcoin future

[vv181]

The title should be "the hard way advice for Newbs.". I'm sure most of the newbie will never understand what you advising, they are lack of education and experience, telling them to relax is will only make them either get worse or have excitement but its really depend on the Bitcoin movements. I bet the newbies jump in onto Bitcoin without proper technical analysis and trading plan, so that is what makes them get panicking.

[glaciercapital]

guys, stop panicking, any financial instrument, has the property to change its price, or what's terrible is that the bitcoin price has fallen, it does not need to be written off, I'm sure that everything will be all right, for the bitcoin future

Yeah if you want to invest in bitcoin you need to take a long term perspective. There is always going to be ups and downs in this market, the key is to understand that and take advantage. Buy the dips and sell on the way up

[carlisle1]

This is not an ordinary "price" swing.  The end is near for legacy Bitcoin.

You seem to be one of the guy who got bitcoin cash on bubble at peak price with the hope that it will soon replace bitcoin 
There were tens of such clones before which was hyped to replace bitcoin in near future but all of them failed to do so and same thing gonna happen to bitcoin cash.

If you have bought bitcoin cash at over $2k than don't forget to sell them at under $500 soon LOL

i guess so mate,thats why the men is crying now while being bitter how come do buying that bitcoin cash,and now can even recover from the dip..bitcoin legacy is son to tell because this coin will be here for more than 10 years from now

[Lhaine]

guys, stop panicking, any financial instrument, has the property to change its price, or what's terrible is that the bitcoin price has fallen, it does not need to be written off, I'm sure that everything will be all right, for the bitcoin future

Yeah if you want to invest in bitcoin you need to take a long term perspective. There is always going to be ups and downs in this market, the key is to understand that and take advantage. Buy the dips and sell on the way up

Investing in bitcoin is really need a time, because its not that day by day, the best thing to do to get huge profit is hold your bitcoin for long term and wait until bitcoin increase a lot.

[TitanGEL]

Hello everyone, recently there has been a lot of panic on this forum due to the big price change of Bitcoin (as it always happens). Understandably, many people are confused and worried as they have lost thousands in their value, especially if they have bought higher than the current price. But as someone who has been into Bitcoin for 1.5 years (not too long, I know) I want to advice to newcomers to simply relax. Huge price swing were always a part of Bitcoin, so there's nothing extraordinary here and the worst thing you can do is to make panic trades. Basically, there are two main approaches to Bitcoin trading - you either hodl it, meaning you never sell it until it reached "the moon", or you are actively trading it to get profit from volatility. So, if you believe in Bitcoin's technology and don't have experience as a trader, I suggest you to not touch your coins - Bitcoin always tends to increase in its value in the long run.

It is true! I know that most of the people who are panicking are the newbies. They are becoming afraid if they see that the price of the bitcoin is going down. All newbies should always be calm and relax.

[PIR]

patience... and self control is the key to these.. if we have this thing tendency we get disappointed and became distracted because of the current issue about bitcoin, prices usually goes up and down in the market, what ours hopefully remain steadfast, our attitude and views matters most...so enjoy and learn everything while waiting... your time will come...there's time for everything rushing will do us no good it will only spoiled everything we worked hard... just wait...  

[ipanks]

guys, stop panicking, any financial instrument, has the property to change its price, or what's terrible is that the bitcoin price has fallen, it does not need to be written off, I'm sure that everything will be all right, for the bitcoin future

Yeah if you want to invest in bitcoin you need to take a long term perspective. There is always going to be ups and downs in this market, the key is to understand that and take advantage. Buy the dips and sell on the way up

Investing in bitcoin is really need a time, because its not that day by day, the best thing to do to get huge profit is hold your bitcoin for long term and wait until bitcoin increase a lot.

holding our bitcoin for a long-term will give many benefits for us and we can make a lot of profit and it is better if he can stay calm and not panic because it is just for temporary and the price will be back normal. I've seen many people that is panic when bitcoin price is down and I think it is not just for new people but some of them is the early people which actually know that bitcoin price is always volatile but they doesn't accept that the price always changes in every time.

[Tux99]

Hello everyone, recently there has been a lot of panic on this forum due to the big price change of Bitcoin (as it always happens). Understandably, many people are confused and worried as they have lost thousands in their value, especially if they have bought higher than the current price. But as someone who has been into Bitcoin for 1.5 years (not too long, I know) I want to advice to newcomers to simply relax. Huge price swing were always a part of Bitcoin, so there's nothing extraordinary here and the worst thing you can do is to make panic trades. Basically, there are two main approaches to Bitcoin trading - you either hodl it, meaning you never sell it until it reached "the moon", or you are actively trading it to get profit from volatility. So, if you believe in Bitcoin's technology and don't have experience as a trader, I suggest you to not touch your coins - Bitcoin always tends to increase in its value in the long run.

This is really the way how bitcoin can survive its recent value and even increase more.  Holder is never touch the coin till the moon. So dont touch it if you holder.
Just think that the money you inveat is already loss so using free money is very helpfull to build not panic in the trading.

[korean1999]

Yes I appreciate your views. There are a lot of people worried about the crypto market going up and down. They do not trust the crypto market as well as what they have invested in.
I think they have not learned about the atlcoins they have invested in. They just listen to the wrong instructions from many people on the bitcointalk forums. I would like to advise those newbies that they should trust what they have invested. In addition, they should carefully study the technology of the altcoins they invest.