How to overcome fear and doubt in bitcoin?

[Fire316]

     Most of the people now have fear and doubt because of bitcoin price down. We always read and see repeatedly"bitcoin price is down,should we sell or hold?",it is the end of bitcoin?..etc...etc....
    Most of the people who invest in bitcoin are fear that they will not gain profit ant lose their capital. Others has a doubt if bitcoin can recover or not...
Is there  any cure for this matter?

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[Shakiramae]

First you should take a risk.Like in bounties,based on my experience not all bounties gives the agreed stakes once you are done with your task.But through perseverance and posivity,anything is possible you just have to lessen your guard and let yourself explore the opportunities in bitcoin.

[kevoh]

    Most of the people now have fear and doubt because of bitcoin price down. We always read and see repeatedly"bitcoin price is down,should we sell or hold?",it is the end of bitcoin?..etc...etc....
    Most of the people who invest in bitcoin are fear that they will not gain profit ant lose their capital. Others has a doubt if bitcoin can recover or not...
Is there  any cure for this matter?

Every investment, be it offline or online, has an/some element(s) of risk which every intending investor should get themselves informed of before taking that plunge. Knowledge of these risks beforehand and planning an exit strategy to mitigate losses is the only cure.

[caaaaaaaattleah]

You can overcome fear and doubt in bitcoin if you trust and believe in bitcoin. Believe that its value will continue to increase with time. Also, you should take risks because investing is always a risk. You cannot earn a lot by just staying in your comfort zone and afraid of taking risks.

[chocolaty]

Fear and doubt are feelings caused by lack of knowledge. You need to learn first about bitcoin. Know its history, its background and how much well it did in the crypto market since it was invented. Once you know which coin you are about to encounter, that is the time that your fears and doubts will disappear.

[doraegun]

     Most of the people now have fear and doubt because of bitcoin price down. We always read and see repeatedly"bitcoin price is down,should we sell or hold?",it is the end of bitcoin?..etc...etc....
    Most of the people who invest in bitcoin are fear that they will not gain profit ant lose their capital. Others has a doubt if bitcoin can recover or not...
Is there  any cure for this matter?

Yes obcourse, because this is volatility there is a possibility to  the price high is back again, so my advise to all the people who would be panic this situation of bitcoin is just to relax and calm. try to look at the Blackchain market it is gradually higher price value don't lose your hope you gonna get a big profit when you apply to your self become patience anytime.

[bigblackdeck45]

First thing you should do is research and study what and how bitcoin works. If you know the ins and outs of bitcoin then you will have a lot of confidence when you're investing. Second is invest what you can afford to lose. Don't go over board and sell all your properties just to invest bitcoin. I know bitcoin is high risk but always remember, the higher the risk, the higher the gain.

[InahC]

You should change your mindset that in every business you should take the risk.
Like in bitcoin, if you're going to invest it may go up and also may go down.
The status is not always stable.
You should professionally open your mind to accept and be brave to face the risks.

[Sir Cross]

First thing you should do is research and study what and how bitcoin works. If you know the ins and outs of bitcoin then you will have a lot of confidence when you're investing. Second is invest what you can afford to lose. Don't go over board and sell all your properties just to invest bitcoin. I know bitcoin is high risk but always remember, the higher the risk, the higher the gain.

If you really knew what you were investing in and see how much it had potential, you wouldn't be too worried of losing investment with the thought in the back of your head that bitcoin will continue to become better and have higher value in the future. Another is to expect that the price will change often and there will be times when the price will go down. You have to be ready for this because most investors get scared when the price drops and they choose to sell right away then regretting it right after.

[Xester]

     Most of the people now have fear and doubt because of bitcoin price down. We always read and see repeatedly"bitcoin price is down,should we sell or hold?",it is the end of bitcoin?..etc...etc....
    Most of the people who invest in bitcoin are fear that they will not gain profit ant lose their capital. Others has a doubt if bitcoin can recover or not...
Is there  any cure for this matter?

I do not think that there is cure for that unless bitcoin price goes up again to its price two months ago.  They are the ones who are new into bitcoin.  Or they are the ones who invested a good amount of money.  The only cure would be telling them to relax and just wait for bitcoin price to goes up.

[deathguardian20]

They just have to study more about cryptocurrencies, investing and trading. Once they full understand it i'm sure they will gain trust over bitcoins. Interms of investing, all investments have risks involved so there's nothing new with that, also, if they take a look on previous years graph on the price of bitcoins, the dip always happen at this time but recovers before mid year, so no worries, bitcoin will recover.

[deliveryblock]

In me personal view,

if this is the end of bitcoin,

downfall was more harsh and faster as historical markets such as tulip or stock.

[audaciousbeing]

     Most of the people now have fear and doubt because of bitcoin price down. We always read and see repeatedly"bitcoin price is down,should we sell or hold?",it is the end of bitcoin?..etc...etc....
    Most of the people who invest in bitcoin are fear that they will not gain profit ant lose their capital. Others has a doubt if bitcoin can recover or not...
Is there  any cure for this matter?

The only cure for that is simple but because we are all too greedy and dont want to exercise patience in our greediness, we tend to be carried away by things that are ephemeral. Everyone involved in the crypto world should as a matter of default knows the position he wants to be whether to be day trader or to be a long term trader. A day trader is someone who is never caught up in a crash because crash dont happen at once its a gradual fall in price which the trend can be caught accordingly and actions would be taken. When price crashes, he is also buying at the crashed amount and sell when there is a little gain in price.

Others that shout are the ones that want to make the most profit in the short term which is not something that easy because there is no way to separate your activities from checking the daily price news, the predictions, the news for or against price, the FUDs and the real ones etc. Finally, choose one side and be free from heartbreaks.

[hackzang12]

Dont fear bitcoin. Fear on people behind you and what's going on our society. Just trust bitcoin you should have knowledge on technology and how it will use in the future. I think reading is not the basis on how you'll help yourself you should love and absorb bitcoin and,blockchain. Go out with your friends that does know how blockchain works. You should talk with them in a simpliest way. You need a deep research.

[felicanoma]

The way to get rid of these fears is by adding knowledge about bitcoin and you should also read the history of bitcoin from 2010 until now.
Because I'm sure once you read that history your heart will feel calm because in the history of bitcoin fluctuations it's a common thing that happens all the time so not something to be afraid of.

[gandhe83]

I think knowledge and belief in bitcoin. It can help you overcome this difficult period, overcome fear and doubt about bitcoin. That's all I can do now.

[Qartersa]

Fear and doubt is not like a disease that have a cure. You, as an investor, should be in control of your emotions before you even embark in cryptocurrencies. But admittedly, even those who have been in the business for so long do have fears and doubts altogether, just that they manage them artistically and with poise -- this, is what sets the boundaries between the experienced and the inexperienced. Hence, if I were you, I will do whatever I can to manage my emotions before my emotions take control of me. If the latter scenario would dictate your pace, surely you will not get anywhere in the world of investing. Your fears and doubts will just haunt you and cloud your thoughts every now and then.

[dothebeats]

There isn't a general way to overcome the fear of losing money in bitcoin and any investments in general, that's why most experienced traders often advice newbies that what they're dealing with comes with high risks. Personally, if I'm new into investing, I wouldn't sell everything I have and go all in into something I don't fully understand. Instead, I'll keep my doubts with me and do further research before trying it out for myself with an amount that seems to be negligible to me. That's what's wrong with newbies today: they tend to go all in once they see bitcoin breaking records but when the time comes everything comes shattering, they'd be the ones who'd sell first and keep on casting their doubts into bitcoin after.

[SUDARMONO]

we should be able to learn from the past from last year, because such an event happens not only once and twice every year, I suggest that you hold your bitcoin until bitcoin prices rise again.

[kangbasir]

if I myself to face the fear I see bitcoin prices down that is in the take it easy and also not easily instigated and must have a sense of confidence and also must dare to take risks