My advice to Bitcoin newbies: relax

[davit putra]

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.

You are right, do not panic, because bitcoin can still increase in value, bitcoin resistant because bitcoin will not fall forever and the future can rise much higher.

[david roman]

Hello, I have some advice for you to know and join the crypto that you have to always be optimistic, relaxed and believe in the crypto, so you will not worry. or panic when the market drops.

[staywoke081]

Just like Aaron Rodgers told the Packers a couple years back R-E-L-A-X people! You can either sell now at a loss, or have faith the market will return to a bull one and enjoy the profits later.

[missyqt29]

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.

Yes I agree with this post. Bitcoin's fluctuating is pretty normal, even compare to other currency like in fiat or other crypto. The peaks and drops of the price are all expected and you should be good at estimating here in this kind of business. The online market has a quite complicated system so the price will really shock you at first. Just get in the flow and trade wisely or invest wisely. Take your pick.

[indiejeff]

No need to panic, just relax continue to observed the bitcoin trend, i believe bitcoin will rise again sooner

[ipanks]

No need to panic, just relax continue to observed the bitcoin trend, i believe bitcoin will rise again sooner

I agree that we need to relax and don't panic if we see the price is down and don't sell the bitcoin that we have because we are going to lose our money. although we are many times see the price is up and down, it doesn't mean that we need to sell with fast but we have the opportunity to wait for the price is increase back and reach the highest price again. even if we buy bitcoin at a very high price, we don't have to feel sad and there is no worry about waiting for the price increase again.

[Nyeyzel]

I would suggest to the newbie like me is keep on reading about bitcoin. Research some possible advantage or disadvantages, like know the update in the marketplace. Be patient stay focus on your goal don’t follow your emotion especially if you see the price is decreasing and you think that you will lose your money. Know the strategies of the expert follow them copy their step.  And if you do that I am sure that your worries will be lessened. And the most important try to ask someone if you need help.

[heisenberg0000]

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.

Thanks for this very informative post. I also want to encourage the newbies not to panic sell during FUD's. I there are negative news about bitcoin then dont focus on it too much. Instead focus on your strategy and keep on maintaining it. You just need to stick with your goals for both short term and long term. Do not sell on loss especially when you are so fearful. And as we always say only invest the money you can afford to lose.

[gordeevaverona]

I think that for a beginner the best way right now is not that chnobas rest but start with something to participate for example in the bounty or just to develop watching a video or just talking with people who are participating in the sale of bitcoin.

[The_prodigy]

The best way to do if you got a large amount or even a small amount of tokens and bitcoin in your hand is to forget your current holdings and stay away from the monitor and wait for a couple of months if that value doesn't change just go panic selling. LOOOOL! I don't have a large amount of bitcoin because I just invested the amount of I can afford to lose in my trades.

yes probably. when it comes to trading we must invest on the price that we can afford to lose. trading is not always about winning a high profit , winning in bidding it is always  a matter or skills in trading and brave heart

[bitbunnny]

I think that new users don't have the will or the patientce to get deeper into Bitcoin philosophy. They are just interested in fast and easy money without deeper digging so majority of them give up very fast, on the first sign of price dump.
I guess this is also one of the bad sides of Bitcoin popularity and spreading on the big number of people. So don't waist the words, they will not listen to you anyway.

[DoublerHunter]

I think that new users don't have the will or the patientce to get deeper into Bitcoin philosophy. They are just interested in fast and easy money without deeper digging so majority of them give up very fast, on the first sign of price dump.
I guess this is also one of the bad sides of Bitcoin popularity and spreading on the big number of people. So don't waist the words, they will not listen to you anyway.

That is why investing is not the best option for the newbies who are interested in bitcoin because they will not get the best entries and possible mindset if they will not study first. They should learn how the bitcoin works and what are the problems that they are going to encounter so i really think that newbies should study first so they don't need to panic.

[DonnieMitchel]

Yep, Just need to be patient. Let bitcoin roll and wait for the result. \m/

[lutfor]

I'm also agree with you. When bitcoin price raise like a rocket all especially newbies are very happy & there is no negativity. But when it's goes little bit down all are behave like that bitcoin will end very soon & they are lost their everythings. We need to understand that price up-down is a part of crypto currencies. So why we need to take tensions?

[AliMan]

I'm also agree with you. When bitcoin price raise like a rocket all especially newbies are very happy & there is no negativity. But when it's goes little bit down all are behave like that bitcoin will end very soon & they are lost their everythings. We need to understand that price up-down is a part of crypto currencies. So why we need to take tensions?

Yes that's right. That's.part of the adventure. Bitcoin's value really goes down and up and there's some advantage to that nature of bitcoin. Relax if its value goes down for it will not stay there always. Give it a time and see what happens.   Just continue doing what you have to do and keep on learning new things. Do more study and research because that's part of the investment.

[sarasofrup]

True. Newbies always panic so much when they see a drop in price and they think the price will keep dropping. Just relax and hold your coins, the price will go back up.

[khurramshah]

Hi Everyone i must start from the moto Future belongs to Bitcoin so my advice to every newbies is to hold your seats don't be panic bitcoin shows you how much worth he has in near future stay calm and relax.
As a newbie every person want to see the increase in there holdings of bitcoin my advice to them hold wait and see BTCBTCBTCBTC

[EugeneJanet]

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.

Yes, some bitcoin beginners should get used to the current change in bitcoin. Don't panic and sell your bitcoins because bitcoin's brief decline will cost you a lot of money. What we need to do is to calm down and think about what you should do.

[angec0719]

As a newbie in bitcoin, I can say that patience is needed since ranking up is a long process especially if you are lazy. One must read thoroughly in order to expand his/her learning about bitcoin and to not do things against its rules. Earning money is easy if you are hardworking and if you have broader mind so you must trust bitcoin and be hardworking enough in investing.

[Pinoyfan]

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.

yeah we need to relax even the value of bitcoin is so low because this is the time that investors and rich people will invest more in bitcoin so just wait and we need to wait until it bump again you will see the chart of 2017 to 2018 it is so similar but before january bitcoin price is 1000usd only but now if you seee the value of bitcoin now you will amazed more in the future.