Be patient and calm yourself

[markj113]

[daarul50]

Currently the price of bitcoin falls, and now patience is a wise choice. Be as patient and be as calm as possible, bitcoin will not die but surely can rise again.

The problem is how long we have the patience to do. I personally better sell now than to get big losses later and after that we wait for momentum to buy back when the market has a bullish run.

[exstasie]

yes you are true patience and can control the personality of yourself will definitely give very much result because you do not sell it when the price is cheap, it is better when the price drops it is a good moment to buy coin again as much as you can and just wait until the price back up.

Aha. So you must have bought a lot of coins when it dropped from 20k to 15k? And then to 10k, you went all in? Bought even more at 8k? And now even at 6500? Haha, you're a WINNER!

Buying the dip worked for years. Can't blame people for taking a while to switch gears. I remember clowning people the same way in 2014 and 2015. Yet some of the permabulls I knew ended up far outperforming savvy bears from that time. The price recently dropping 60-70% is really no comparison to the historical exponential gains. The people who relish in these crashes the most are generally those who never profit from the bubbles in the first place.

[Doell]

Tranquility is the source that causes panic to disappear in everyone's mind ,ppatience has unique characteristics similar to bitcoin prices and unique bitcoin characteristic as well ,it seems you are right patience that will benefit in bitcoin because it has the same characteristics in my opinion ,And this dip is a normal

[Hazir]

Hold on for a moment and think - why exactly bitcoin is crashing right now? Because of some negative news (nothing global or major though), FUD and... that's all.
Some time will pass and as always people would pump the price of BTC again like it happened many times before.
I hope that this year we will see new ATH and hopefully BTC will reach $25k before the year's end.

[JanpriX]

Currently the price of bitcoin falls, and now patience is a wise choice. Be as patient and be as calm as possible, bitcoin will not die but surely can rise again.

This is a very serious advice that shouldn't be ignored. Most people in the cryptosphere always ignore these things and forgot that they are really important especially if you are trading volatile markets like this one. Being calm provide you a good grasp of what's happening and will let you decide efficiently for your trades. This coincides with patience. Many of my past trades could be much profitable if I just have the patience to wait for the right time to buy or sell my coins. These two will make your life being a trader easier. Without them, you could succumb to the negative happenings in the market today and will let you panic sell (with huge loss).

Manage your emotions and everything should be fine. 

[sidodadii]

Most people tell to be patient in the current conditions, but better we all take advantage of the moment to get more profits by doing short trading, if just be patient the longer our mental will be more disturbed and continue in the shadow of fear.

[HatakeKakashi]

We need to patient becauss for sure after few weeks or few months of waiting the price for sure will increase again and the cryptoworld for sure will be happy becaude finally bitcoin increasing again. But before that happen we need to buy more bitcoin and keep your bitcoin to your wallet until the price up again. Don't panic selling because it's not to you and probably it's not good to us.

[uszaty43]

I prefer to do this, but it is somethign pretty difficult to do if you do not have a proper knowledge of how to do it so.. So i prefer to stay way from short trading and focus on my main sources of income.

it works for me, well, at least, i earnt some money from this.

Most people tell to be patient in the current conditions, but better we all take advantage of the moment to get more profits by doing short trading, if just be patient the longer our mental will be more disturbed and continue in the shadow of fear.

[blockman]

I don't want to take in and breathe in the negativity of others. I've been calm since then but before I was naive to buy the panic.

Most people tell to be patient in the current conditions, but better we all take advantage of the moment to get more profits by doing short trading, if just be patient the longer our mental will be more disturbed and continue in the shadow of fear.

Exactly! this should be the best moment for those people that are also complaining before that they can't buy bitcoin since it's too expensive, now it's on bargain.

[pitiflin]

What makes you actually think that they will even bother listening to you? Panic sellers sell when the markets are crashing. Patience won't stop them, anything won't stop them. I have said this time after time and now I'm just getting too old for this shit. Go fuck yourselves already.

[pealr12]

Im still as calm as a water , even with this bitcoin  price drop  . My holdings suffered from a very big loss  but still i mange to be calm and positive. I hope this storm will end this month.

[Majormax]

I guess we have been involved with Crypto for a similar amount of time. Interested to know how you dealt with the 2014-16 bear market.

Did you sell a lot, or just hodl ? Did you nurse the price anxiously, or just busy yourself in other areas ?

This would be instructive for newer holders, as we could be entering a similar market period.

Myself, I run 2 full time businesses not connected with crypto, so that took a lot of my attention and hodling was the line of least resistance.

[markdario112616]

Be smart and cautious is a much better term to use.

The problem is how long we have the patience to do. I personally better sell now than to get big losses later and after that we wait for momentum to buy back when the market has a bullish run.

It's a matter of timing, I know how it feels to when your money is at stake but given the situation (even though it's quite hard to predict what would happen next) This is the best time to buy as the price is low. You are already at loss to start with it, I agree that by selling to cut much more losses is justifiable but before claiming it, Please do have enough information to support. Rush decisions could only result in such regrets.

[DPoS2]

Hold on for a moment and think - why exactly bitcoin is crashing right now? Because of some negative news (nothing global or major though), FUD and... that's all.
Some time will pass and as always people would pump the price of BTC again like it happened many times before.
I hope that this year we will see new ATH and hopefully BTC will reach $25k before the year's end.

Mt. Gox cloud is still there.. just because it stopped raining doesn't mean the sky is clear.  No whales are going to buy into that asshole dumping again..  he needs to be taken away from the account for good and they need to figure out how to send BTC instead of massdump

[dewi91]

Easy to say keep patience until the market recover whereas we never know when it Will happen. I do not know how far we can survive if this situation is continue to deteriorate. I try to keep calm but I still worry if I Will lose my money.

[lablab03]

Currently the price of bitcoin falls, and now patience is a wise choice. Be as patient and be as calm as possible, bitcoin will not die but surely can rise again.

yes it will never die , as long the price still high. But Unless if the price goes back to $100 'cause that is the most scariest price. So as long the price still expensive no need to worry on it. just relax and buy more instead while the price gaining strength 'cause surely after this it will rebound again.

[Hannahanto]

Currently the price of bitcoin falls, and now patience is a wise choice. Be as patient and be as calm as possible, bitcoin will not die but surely can rise again.

Present situation is not good to sell it's the time to buy as many coins as you can as all are in red. Hold back the coins you have now with patience. The price would resume back to normal probably this month. It should zoom back to minimum $9K by end of April. So don't worry on things. Just move with other works holding back the coins. Profits would certainly hit your wallet.

[nl247]

lol. I feel these days patience is being over stated. I would rather stay smart, look at some conditions in the market that is not just looking normal and take advantage of it. However, for someone who did not sell at $19k, definitely, patience is the only virtue they need to have now until the market recovers.

[markj113]

I guess we have been involved with Crypto for a similar amount of time. Interested to know how you dealt with the 2014-16 bear market.

Did you sell a lot, or just hodl ? Did you nurse the price anxiously, or just busy yourself in other areas ?

This would be instructive for newer holders, as we could be entering a similar market period.

Myself, I run 2 full time businesses not connected with crypto, so that took a lot of my attention and hodling was the line of least resistance.

I simply dont get greedy forever HODLing hoping for a bit more then a bit more.

Set yourself financial goals, stick to the plan taking profit at key points investing that money elsewhere buying back in on the dips.

The strategy has worked well for me, 2 years ago I paid off my current house and recently have made enough to buy a nice car and another larger house.  My current house will now go to my daughter when she is old enough giving her a good head start in life.