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Author Topic: For all those frustrated by the price  (Read 264 times)
quichiship
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August 06, 2018, 06:41:34 AM
 #41

LOL that is good
But all those people that are frustrated, just do not know how bitcoin works and why the price is so dumped at the moment, they do not even care about bitcoin, they only care about money

That’s why I always say the bitcoin investment needs two things one is patience and other is courage. If you have these two qualities then you will not be frustrated. Frustration increases when you see your loss. Other way is day trading to recover your deficits because holding is not the solution for recovery and your frustration will not be reduced.
These two are the key factors for any king of investment and trading. I think that those people who have the courage to put their money in risk only such people can make profit and can earn a lot of money. But beside courage and taking risk it is also important to have some good study and analysis about the market.
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royalcrypt
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August 06, 2018, 07:11:44 AM
 #42

Problem is that it is testing lower support level again and again. Some group of people are determined to drop it as low as they can. while I admire their enthusiasm, I don't think its wise to scare away the investors that are left.
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August 07, 2018, 01:44:29 PM
 #43

LOL that is good
But all those people that are frustrated, just do not know how bitcoin works and why the price is so dumped at the moment, they do not even care about bitcoin, they only care about money

That’s why I always say the bitcoin investment needs two things one is patience and other is courage. If you have these two qualities then you will not be frustrated. Frustration increases when you see your loss. Other way is day trading to recover your deficits because holding is not the solution for recovery and your frustration will not be reduced.
These two are the key factors for any king of investment and trading. I think that those people who have the courage to put their money in risk only such people can make profit and can earn a lot of money. But beside courage and taking risk it is also important to have some good study and analysis about the market.

Well frustration is something that cannbe difficult to avoid especially since we're talking about money. Even the most patient person can still get frustrated with an extended bear market though how you cope with frustrations would determine how you'll survive.

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August 07, 2018, 03:54:16 PM
 #44

Only newbies are always have problem in bitcoin investment because they take risk without knowledge about what they doing here in crypto actually i also like them still i try first in not big money so it so affordable for me to lose that so for me better to study first before you try anything here then try in already trusted here so you can avoid scam

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August 07, 2018, 04:01:17 PM
 #45


For those people who are frustrated right now about the market price of cryptocurrency, the best thing to do is read different positive speculations in order to boost up your confidence on holding your coins.

This is a good way to boost confidence, but it won't always work for everyone. Especially if there is good news that repeatedly comes out and the price keeps on sliding down. The one thing I always recommend is if the price is stressing you out too much, just lock up your coins in a safe place, and step away from the whole market for a while. Come back sometime later, because things can be completely different after just one year! As tom lee says, most of Bitcoins gains happen within a 10 day period, so don't stress for the rest of the year, just wait for those 10 days Wink
carlisle1
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August 07, 2018, 04:21:03 PM
 #46

How does a McDonald's logo on hat applies here? How it shows the sentiment of being poor?
Is it like after investing all your fortune in bitcoin at peak price, you now lost all your saving and you have to work in mc donald's outlet to survive?  Huh

Found bit confusing but price is pretty high..Is it your design?
I'm in a group with friends and we got this joke going on, decided to put it on a shirt.
Invested at 20k and now we're at lots of loss, not all of us did this, but it also reflects on alts and we all have some losses.

So if you lost a lot of money with the dip in the price, you end up working at McDonald's for a minimum wage? Right?

Wrong, because you lost ZERO money, if you held on to those coins. People who lost money are the people who panicked and

exited the market early. So, what do we learn from this... DO NOT sell and own one or more of those franchises in the

future.  Grin

Indeed this is the problem with so many users here that lookingon the value on daily basis,they don't anticipate that unless you sold the coins you will never loss even a single cent

This panicked people are the reason why market continues to drowning because they do not have faith in the capacity of bitcoin and other good coins to survive things like this
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