richardsNY
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January 18, 2018, 09:19:46 PM |
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Without weak hands there is no fun in this market. If everyone was a top tier holder, there wouldn't be a market at all. In some cases the panic reactions are a bit over the top, like what we experienced yesterday, but we just have to accept the fact that not everyone understands this market and its movements. In some cases it's even so obvious, that you more or less can be sure of being close to the peak levels, where you use that to secure profits. I did so too, and patiently waited for the market to correct, and it did. Not sure if the next attempt to break through $20k will be successful, but I'm sure we won't have to wait months and months for that. Sellers always buy back at premium levels.
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bob3772
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January 18, 2018, 10:04:39 PM |
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I have been through this time and time again. We go through a dip and everyone is running for the hills or selling their coins. The trolls come out of their caves and the panic nanny behaviour kick into action, triggering a massive sell off amongst the weak hands. <Newbies & Speculators> I woke up yesterday and I saw the price was just above $9000. My first thought was, "Damn, I need to buy quickly, before this goes up" and I did. ^smile^ Most people woke up and the first thing they did was to fire up a browser and to read the comments of these trolls and media shills and consequently selling their coins in a state of panic. The weak hands will lose money and the strong will thrive in this game. Hodl on people! <Buy the Dip> ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) It's quite funny really how you can probably read every thread in this forum and the two things you'll come across the most will be 'don't panic' and 'buy low, sell high'. Yet so many seem to be users of the forum and completely ignore all of that advice.
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anavir
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January 18, 2018, 10:45:43 PM |
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weak hands lose money but strong hands makes profits in this game because weak hands have a tendency to panic when bitcoin price drops where as strong hands makes profit in this game because they are patient enough to wait for the bitcoin valur to rise again and they do not panic..they strongly believe thay dropping value of bitcoin is only temporary
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ganlianshifu1
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January 19, 2018, 12:16:34 AM |
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First of all congratulations to you, your mood is so smooth! Indeed, in the present situation, I think it is a very wise choice to buy bitcoins at a low price. BTC must be a bright future! It will also bring us huge profits!
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Brunus
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January 19, 2018, 12:43:49 AM |
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Well, without losers, there wouldn't be winners... in forex, retail traders (that 95% that sistematically lose money...) are just called "plancton"... :-)
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linshisui38
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January 19, 2018, 01:47:46 AM |
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When prices are low, selling bitcoins is an example of how new users have no education to bitcoin and its system. Anything related to investment is always risky, and it all depends on your mind and determination, whether you leave or take it.
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Kakmakr (OP)
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January 19, 2018, 05:29:11 AM |
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I even have a strategy for this, I call it my "SkyFall" strategy. You sell 50% of your trading stash when the price is high and hold 20% for this exact scenario. When people say, "The sky is falling", you have to be ready to buy. The 20% fiat is always available to buy these cheap coins, when these people start dumping. ^smile^
I have missed too many good opportunities before, to buy cheap coins, because I was not ready with disposable fiat, when the sky was falling. ^lol^
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Theb
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January 19, 2018, 05:32:55 AM |
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Yup that is right. Being part of a massive panic selling is only putting yourself in a bad position. We must learn that this kinds of market crash are only temporary as it is mostly planned and the point here is for people to buy their cryptocurrencies at a cheaper price. Many people right now just like me are selling Bitcoin at a high price before it starts going down. People who know technical analysis knows what I am talking about. And if the price of Bitcoin have bottomed out they will start to buy again in order to accumulate more cryptocurrencies in the process.
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juragane
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January 19, 2018, 07:27:50 AM |
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I have been through this time and time again. We go through a dip and everyone is running for the hills or selling their coins. The trolls come out of their caves and the panic nanny behaviour kick into action, triggering a massive sell off amongst the weak hands. <Newbies & Speculators> I woke up yesterday and I saw the price was just above $9000. My first thought was, "Damn, I need to buy quickly, before this goes up" and I did. ^smile^ Most people woke up and the first thing they did was to fire up a browser and to read the comments of these trolls and media shills and consequently selling their coins in a state of panic. The weak hands will lose money and the strong will thrive in this game. Hodl on people! <Buy the Dip> ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) yes you are right only people who have a very high patience that will get maximum benefit, if the person is impatient or weak hand then he will not get the maximum profit, different if he has patience then he will get the maximum profit.
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Pleione527
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January 19, 2018, 08:01:49 AM |
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I agree earning in crypto currencies such as trading and investment requires patience and trust on what you have decided to buy and hold for those who got panic and sell their coins surely they will regret after few weeks or months because I'm pretty sure after this dump the price will recover and holders will have a good harvest. Crypto currencies are worth holding as a long term investment only if people will realize this
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vv181
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January 19, 2018, 08:05:26 AM |
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The weak hands will lose money and the strong will thrive in this game. Hodl on people! <Buy the Dip> ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Well, we should thank to the panic seller, they make the price deeper and help us to have more profit. Actually, its just a simple quotes us to make a profit. "Buy when everyone selling and Sell when everyone buying.
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CHENIEN
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January 19, 2018, 08:20:16 AM |
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I really like this kind of question, i really accept today that I'm one of those weak about bitcoin because i don't know how to make money with bitcoin , but i still studying and asking my friends on how to access by gaining bitcoin, i know someday I'm one of those people become and belong to strong hands, because i really believe the word, practice makes perfect.
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frowsiter
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January 19, 2018, 08:53:02 AM |
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I have been through this time and time again. We go through a dip and everyone is running for the hills or selling their coins. The trolls come out of their caves and the panic nanny behaviour kick into action, triggering a massive sell off amongst the weak hands. <Newbies & Speculators> I woke up yesterday and I saw the price was just above $9000. My first thought was, "Damn, I need to buy quickly, before this goes up" and I did. ^smile^ Most people woke up and the first thing they did was to fire up a browser and to read the comments of these trolls and media shills and consequently selling their coins in a state of panic. The weak hands will lose money and the strong will thrive in this game. Hodl on people! <Buy the Dip> ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) This is explained in great way. This is what everyone should follow if we want to keep the crypto currency market as clean as possible. However there are huge pump and dump groups which works altogether and destroys the very first principle of the crypto work flow. They make every coin in the market very weak and over the time the effect can be seen the way we are seeing currently. People like you and me who are the opportunistic in the first place will always go and buy more when the market is down. This actually create a vital support to the crypto currencies and thus we are the one who is becoming the backbone. But its not about you and me, we need millions more like this so that developers can actually focus on the real upgrades rather than getting stressed out about the market situation.
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Grayy
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January 19, 2018, 09:17:52 AM |
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My mantra in this game : "Either I make profit or give out everything for free". You just shouldn't panic. Hodling is for firmer hands. Keep hodling,people.
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boyptc
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January 19, 2018, 09:19:53 AM |
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My first thought was, "Damn, I need to buy quickly, before this goes up" and I did. ^smile^
Man we have inter related minds and we are not the only two who thinks this way. Panic sellers / weak hands or whatever you call them will certainly lose more money during this correction. We all went through this before and we are aware that it will be up again after a couple of weeks or months. The weak hands will lose money and the strong will thrive in this game. Hodl on people! <Buy the Dip> ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) You forgot those calm ones and that's the secret in holding. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fmedia.makeameme.org%2Fcreated%2Fthats-my-secret-xzjb2l.jpg&t=665&c=VCXLMzd4pQwNAw)
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amih
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January 19, 2018, 09:45:36 AM |
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to do that is very necessary a tranquility but also must be done a continuous observation and of course sometimes in terms of investing with bitcoin that is when prices are rising as well as prices are down. I am aware for new beginners joining to invest in bitcoin, of course there will be a panic when they are facing a very drastic reduction in bitcoin prices but if he is able to continue to stay in the investment on botcoin I am sure in the end they will get a fortune . but of course it will not be easy to have such thoughts and experience is necessary because with an experience of course we will know about what strategy to do in following bitcoin activities.
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fulmetal08larz
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January 19, 2018, 02:40:26 PM |
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Everything the OP said is entirely true. We must not get affected of the FUDs spreading across the social media and news. Hodling for long term and taking profit once you have achieved your goal is the best strategy during these bloodbath and massive sell-off. Emotion is unnecessary in cryptoverse investment.
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YoungMaster
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January 19, 2018, 02:49:04 PM |
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It's funny how the weak hands are so easily panic when the price crashed and then sold their coins, I think they need to learn to stay calm and no need worry with it.
In other side the strong hands will get some cheaper coins and they are going to HODL it for a long-term until the time when the price burst and they will get much profit than the weak hands.
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Dondon1234
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January 19, 2018, 02:54:30 PM |
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Yeah. In this kind of game. It is better if you have a strong hand. Dont give up early. Just Hold if you want a big profit. And also be wise and strategic.
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