TheBraveDesolator (OP)
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March 30, 2018, 01:32:36 AM |
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While I'm reading Tony Robbins' great book Unshakeable, I decided to go to coinmarketcap and check the graphs. I noticed that there is another correction and when I went to this forum, I see posts about negative things in bitcoin. Well let me tell you something -- a part in the book that I'm reading.
"In 2009, blue chip companies' stocks went to pennies on the dollar. Citigroup sank to a low of 97 cents a share from $57 a share. You can literally own a piece of the company for less than it cost you to take money out of an ATM. But here's a kicker: winter is always followed by springtime, and sometimes the seasons turn much quicker than you'd ever guess. This 97-cent stick shot to $5 within five months, giving investors a 500% return."
All I can say is that when the market is very depressed, negativity from news, forums, discussions may arise. People really pulls out their investments as a reaction to its very low price but let me tell you this: Big time investors like Warren Buffet, treats bear market as an OPPORTUNITY. They buy while the market is in its very low value, equipping themselves for the future. Winter will always be followed by spring, market will always be reversed irregardless of how long the bear market will last. Imagine if you pull out all of your cryptocurrencies and the market soon skyrocketed, you will miss LOT OF THINGS.
HODL my brothers, winter is here. Are you the one who's stuck outside, freezing in the bitter cold? Or do you want to be the one who's wrapped up warmly by the fire, toasting marshmallows?
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globe-biz
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March 30, 2018, 01:36:04 AM |
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Bitcoin went down to almost 6000 at the end of January 2018, the move that is happening now is not bad unless it goes below 6000.Then we will talk about crisis.But as long as it stays above 6000 we are forming a double bottom which means the reversal of the price is coming
Google search "why a double bottom is good"
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TheBraveDesolator (OP)
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March 30, 2018, 01:38:01 AM |
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Yup. BTC price is not that bad. I posted this because a lot of negative news and discussions about crypto is all over the internet.
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Sudarmoon
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March 30, 2018, 01:42:55 AM |
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It's true with what you say, that prices can skyrocket at anytime, and when we sell and suddenly prices go up quickly then it's a nightmare for us, to be an intelligent investor if we still have better bitcoin we hold or over well we buy bitcoin again at a low price.
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Cryptopher
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Keep it dense, yeah?
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March 30, 2018, 02:01:51 AM |
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If you're in cold storage, hodl. If you are not, then short. Simples.
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Sign up to Revolut and do the Crypto Quiz to earn $15/£14 in DOT
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rockyfeller
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🚀🚀 ATHERO.IO 🚀🚀
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March 30, 2018, 02:02:32 AM |
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For me it's very normal as we put our self on a high risk investment. Bitcoin is too volatile and alts as well, it's a minor correction remember few years back when bitcoin is worth a cents and nobody wants to buy bitcoin that time and now it's on mainstream media we should have hodl them or else you'll regret.
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pooya87
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March 30, 2018, 04:10:39 AM |
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Big time investors like Warren Buffet, treats bear market as an OPPORTUNITY. They buy while the market is in its very low value, equipping themselves for the future. HODL my brothers, winter is here.
these two are contradictory! taking advantage of a bear market and seeing it as an opportunity means you either continuously short bitcoin while it is dropping or you do pull out at the start of the market (not near the end obviously) and then wait for the bottom to buy as much bitcoin as you can. HODL means missing opportunities that this market is now offering you. HODL is only for those who don't want to trade or at times when you can't predict the market.
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coinmaster241
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March 30, 2018, 05:24:11 AM |
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Big time investors like Warren Buffet, treats bear market as an OPPORTUNITY. They buy while the market is in its very low value, equipping themselves for the future. HODL my brothers, winter is here.
these two are contradictory! taking advantage of a bear market and seeing it as an opportunity means you either continuously short bitcoin while it is dropping or you do pull out at the start of the market (not near the end obviously) and then wait for the bottom to buy as much bitcoin as you can. HODL means missing opportunities that this market is now offering you. HODL is only for those who don't want to trade or at times when you can't predict the market. Agreed with your opinion, Opportunities with Hold is much different, the opportunity that took his decision at the beginning / ICO for Crypto, While HOLD it is for people who already have but for a while held for the price to be worth selling or the desired price.
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niisarearning
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March 30, 2018, 05:28:13 AM |
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I do agree with your point but people who invested at the time of each dump finally not having enough money to buy for this massive dump. I am finding any news about marketcap falling but I dint find any news . Still market is bearish trend all I can do is that hold my coins .
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GeorgiyBilyk
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March 30, 2018, 08:51:35 AM |
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Spring still gives us heat! I'm sure, as practice shows, the price of bitcoin in the spring starts to increase! soon correction will end and good growth will begin! This year I'm sure bitcoin will show us new price records!
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Crypdon
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March 30, 2018, 10:06:31 AM |
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This is the reason why Warren Buffet is so successful, i would follow his strategies on buying while the market is depressed and get super gains during the recovery. Weak hands can run away and regret it later, but seasoned investors will enjoy this buying opportunity and reap the rewards later in the year.
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TheBraveDesolator (OP)
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March 30, 2018, 03:24:44 PM |
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Big time investors like Warren Buffet, treats bear market as an OPPORTUNITY. They buy while the market is in its very low value, equipping themselves for the future. HODL my brothers, winter is here.
these two are contradictory! taking advantage of a bear market and seeing it as an opportunity means you either continuously short bitcoin while it is dropping or you do pull out at the start of the market (not near the end obviously) and then wait for the bottom to buy as much bitcoin as you can. HODL means missing opportunities that this market is now offering you. HODL is only for those who don't want to trade or at times when you can't predict the market. But that's not the point. Either HOLD or trade. It is your choice. But panic selling is not good. Withdrawing your funds because of what your emotions are telling you is not good. You must remain calm and be unshakeable. Don't be carried away by the pundit's news about bitcoin. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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cryptojohnn7
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April 01, 2018, 04:04:33 AM |
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Yes, you are absolutely right. Depression in market is not a unnatural. It will start to raise when it is to go. So, my plan also thought is to hold down for the period. Winter will end and spring will come soon.
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Janademir4
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April 01, 2018, 04:08:24 AM |
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I agree with you, after spring, now winter will arrive soon. bitcoin prices are showing growth, although not yet significantly but its growth is getting better days.
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Aleshia696
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April 01, 2018, 07:36:04 AM |
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Since the price of bitcoin is low now, this is the best time to buy bitcoin. The price may continue to go down for few more months but in the long run the price will rise much higher. So, this will be the best investment for anyone.This is the way how investors make money.
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Jating
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April 01, 2018, 07:52:09 AM |
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Big time investors like Warren Buffet, treats bear market as an OPPORTUNITY. They buy while the market is in its very low value, equipping themselves for the future. HODL my brothers, winter is here.
these two are contradictory! taking advantage of a bear market and seeing it as an opportunity means you either continuously short bitcoin while it is dropping or you do pull out at the start of the market (not near the end obviously) and then wait for the bottom to buy as much bitcoin as you can. HODL means missing opportunities that this market is now offering you. HODL is only for those who don't want to trade or at times when you can't predict the market. But that's not the point. Either HOLD or trade. It is your choice. But panic selling is not good. Withdrawing your funds because of what your emotions are telling you is not good. You must remain calm and be unshakeable. Don't be carried away by the pundit's news about bitcoin. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) But the problem is that there are a lot of newbies in the ecosystem who joined specially during the December peak. So they are all enthusiastic and saying that bitcoin will go to the moon specially when institutional investors CBoE and CME started offering bitcoin future contracts. Sadly though those who FOMO got easily burned the following months. And even if we call them not to panic, they get out cut their losses by selling because they are carried away by FUD, but who can blame them? And yeah, as this market situation, there's only 2 choices for us, either to HODL forgot about the price and came back after six month or at the end of the year, or trade and take advantage of the wild price swing and take margin (even small) of profits. Personally, it you want no headaches you might as well bought in dip and stack more bitcoin and let it just sit in your hardware wallet for as long as you can.
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Razick
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April 01, 2018, 09:32:09 AM |
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The spring is surely coming after this winter but I think the winter will last a while longer before going away. A lot of people are still panic selling and dumping their coins on the market thereby increasing supply on the market and there is not enough demand to actually level the playing field so it is possible that prices will keep dropping for a while longer.
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ACCOUNT RECOVERED 4/27/2020. Account was previously hacked sometime in 2017. Posts between 12/31/2016 and 4/27/2020 are NOT LEGITIMATE.
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Wexnident
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April 01, 2018, 10:00:15 AM |
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While I'm reading Tony Robbins' great book Unshakeable, I decided to go to coinmarketcap and check the graphs. I noticed that there is another correction and when I went to this forum, I see posts about negative things in bitcoin. Well let me tell you something -- a part in the book that I'm reading.
"In 2009, blue chip companies' stocks went to pennies on the dollar. Citigroup sank to a low of 97 cents a share from $57 a share. You can literally own a piece of the company for less than it cost you to take money out of an ATM. But here's a kicker: winter is always followed by springtime, and sometimes the seasons turn much quicker than you'd ever guess. This 97-cent stick shot to $5 within five months, giving investors a 500% return."
All I can say is that when the market is very depressed, negativity from news, forums, discussions may arise. People really pulls out their investments as a reaction to its very low price but let me tell you this: Big time investors like Warren Buffet, treats bear market as an OPPORTUNITY. They buy while the market is in its very low value, equipping themselves for the future. Winter will always be followed by spring, market will always be reversed irregardless of how long the bear market will last. Imagine if you pull out all of your cryptocurrencies and the market soon skyrocketed, you will miss LOT OF THINGS.
HODL my brothers, winter is here. Are you the one who's stuck outside, freezing in the bitter cold? Or do you want to be the one who's wrapped up warmly by the fire, toasting marshmallows?
It's a wonderful story and it's really related in what are we encountered now in cryptoworld. It wanted us to understand that after all the problem or the trouble or an ups and down we experience is there are always be the way or chances to survive. It is like now, we experiencing a nonstop dipping down of coins value in the market that causes some of us are really nervous and do panic selling because they afraid to loses. But even if the situation is like this, we need to be brave and have faith that this long run of dipping down will end soon and the upcoming highest pumps are awaiting. It's better to keep to our mind that as long as we alive there's only a chance and hope for everyone of us. It is also like a rainbow that appear always after the rain.
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R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Red-Apple
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April 01, 2018, 10:26:16 AM |
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Big time investors like Warren Buffet, treats bear market as an OPPORTUNITY. They buy while the market is in its very low value, equipping themselves for the future. HODL my brothers, winter is here.
these two are contradictory! taking advantage of a bear market and seeing it as an opportunity means you either continuously short bitcoin while it is dropping or you do pull out at the start of the market (not near the end obviously) and then wait for the bottom to buy as much bitcoin as you can. HODL means missing opportunities that this market is now offering you. HODL is only for those who don't want to trade or at times when you can't predict the market. But that's not the point. Either HOLD or trade. It is your choice. But panic selling is not good. Withdrawing your funds because of what your emotions are telling you is not good. You must remain calm and be unshakeable. Don't be carried away by the pundit's news about bitcoin. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) But the problem is that there are a lot of newbies in the ecosystem who joined specially during the December peak. So they are all enthusiastic and saying that bitcoin will go to the moon specially when institutional investors CBoE and CME started offering bitcoin future contracts. Sadly though those who FOMO got easily burned the following months. And even if we call them not to panic, they get out cut their losses by selling because they are carried away by FUD, but who can blame them? And yeah, as this market situation, there's only 2 choices for us, either to HODL forgot about the price and came back after six month or at the end of the year, or trade and take advantage of the wild price swing and take margin (even small) of profits. Personally, it you want no headaches you might as well bought in dip and stack more bitcoin and let it just sit in your hardware wallet for as long as you can. the only people who get "burned" are those who have no idea what they are doing. they never invest, they never trader, instead they are gambling and a gambler is always going to be burned. it doesn't matter if the price were rising they would have still gotten burned. an investor knows that any investment has a risk. and when you invest in bitcoin you are taking a bigger risk an when you invest in bitcoin when price has gone up 100% in 1 months (from <$10k to ~$20k) you are obviously taking a bigger risk and there are solutions for unexpected drops such as stop loss!
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--signature space for rent; sent PM--
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buburjelly
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April 01, 2018, 11:00:00 AM |
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At the beginning of this year bitcoin price movements tried several times to test the strength of the support point price of $ 6000 but the chart continues to show a reflection which means there is a refusal from some investors to go down further related to the price of bitcoin so that the reversal time will happen in the near future.
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