I know we all feel sad - let's cry here

[Don Pedro Dinero]

I know 90% of us here feel very sad watching BTC plummetting from its 20K high to below 7K.

I might be part of that supposed 10% because I keep yawning as I watch other people cry.

Only noobs feel worried, most of us saw the biggest crash ever after MtGox at around 90% crash, so this is just a joke right now.
In any case, what did you all expect? to hit $1,000,000 in one shoot?

Yes I remember back in December when this forum was flooded with posts on how fast bitcoin was going to reach that figure, or similar ones, and how everybody was going to be rich and happy.

There are people here who bought in at the top, just as there are in all bull markets.  Those people are the ones who should be glued to the wailing wall. 

The problem is, the masses invest just like that: they but an asset when they hear from the news that it has skyrocketed and sell out of panic when the first dip comes. Just the opposite of what a wise investor should do: when it goes up very fast, sell at least partially and buy when the everybody is panicking. Or even better: buy and hold. Do your research before buying an asset for long term. Follow basic investing principles, like some diversification or investing only money you can afford to lose, and you won’t worry in bear markets.

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[Tigorss]

not only sad, but confused, what should we do with this situation, holding back may be better, but until when the price is still not rising, we all hope the price can go back up, but whether it can be realized quickly

[btcone111]

not only sad, but confused, what should we do with this situation, holding back may be better, but until when the price is still not rising, we all hope the price can go back up, but whether it can be realized quickly

Depends on how much you've already chipped in.
Indeed I agree with you beside a bit sad it's also the uncertainty and confusion.

I also don't think price could go back up quickly and sustainably without a proper accumulation period.

[creativenl]

i am already crying on my own since januari. thanks for the offer though
i think we will be crying for a long time. 2018 is going to be a bad year.

[MakeMoneyBtc]

I really dont understand all of you guys. Does it help you if you are sad and unhappy? Does the price of bitcoin change if you cry? There is no point in being sad and nervous and other emotions because it really doesn't help you in absolutely any way. Yes, the market is very low and we all have investments in cryptocurrencies but we have to stay strong and wait for the market to become green because we all know that is possible and it is going to happen pretty soon. Stop being sad and crying about how much the price went down because you are making this situation worse. If you belive in bitcoin than you should have no doubt it is going to come back stronger than before and break all the records

[creativenl]

I really dont understand all of you guys. Does it help you if you are sad and unhappy? Does the price of bitcoin change if you cry? There is no point in being sad and nervous and other emotions because it really doesn't help you in absolutely any way. Yes, the market is very low and we all have investments in cryptocurrencies but we have to stay strong and wait for the market to become green because we all know that is possible and it is going to happen pretty soon. Stop being sad and crying about how much the price went down because you are making this situation worse. If you belive in bitcoin than you should have no doubt it is going to come back stronger than before and break all the records

ok im positive. in may next bull run. hell yeah !!!!!

[pey]

If I had only invested in bitcoin, I would not be so sad about the crash because many altcoins lose more than %80-90 of their value, but bitcoin iis pretty good compared to altcoins.

[sjefdeklerk]

Just the opposite of what a wise investor should do: when it goes up very fast, sell at least partially and buy when the everybody is panicking. Or even better: buy and hold.

LOL, this is always SUCH a nonsense. I mean sure in hindsight it's easy to see when you should have bought and should have sold. But bitcoin prices have ALWAYS gone up very fast, did you sell when it hit $2000 for the first time? $5000? And when are the prices "very low"? Most idiots here will say that the $6500 it's at now is very low. I say it's still very high and that we'll see <$2000 this year. And if that happens, which I think it will, then this $6500 in hindsight wasn't exactly 'very low'. So these oneliners you post are really nonsense.

[leea-1334]

I know 90% of us here feel very sad watching BTC plummetting from its 20K high to below 7K.

I might be part of that supposed 10% because I keep yawning as I watch other people cry.

Only noobs feel worried, most of us saw the biggest crash ever after MtGox at around 90% crash, so this is just a joke right now.
In any case, what did you all expect? to hit $1,000,000 in one shoot?

Yes I remember back in December when this forum was flooded with posts on how fast bitcoin was going to reach that figure, or similar ones, and how everybody was going to be rich and happy.

There are people here who bought in at the top, just as there are in all bull markets.  Those people are the ones who should be glued to the wailing wall. 

The problem is, the masses invest just like that: they but an asset when they hear from the news that it has skyrocketed and sell out of panic when the first dip comes. Just the opposite of what a wise investor should do: when it goes up very fast, sell at least partially and buy when the everybody is panicking. Or even better: buy and hold. Do your research before buying an asset for long term. Follow basic investing principles, like some diversification or investing only money you can afford to lose, and you won’t worry in bear markets.

Was going to comment but funnily enough, someone else here is also yawning. Tears are free. They were joyful when everything was climbing beyond expectations. Why should we cry more when crypto actually has not dropped beyond expectations? I know I expected this dip for a long time. Strange if no one else was going to expect the same.

But masses act as they always do. We need them however.

[fabiorem]

At least the OP is honest.

There are others who are so desperate that they are in a complete denial of the situation, and write titles like "this correction is NORMAL", "bitcoin going UP", "we BULLISH, WHALES news", without any explanation, resorting to superstition - if you say it is going up several times, then its going up. This is a invitation for sadists to prey on their desperation. And the more they post these kind of threads, the more the price go down.

[sjefdeklerk]

There are others who are so desperate that they are in a complete denial of the situation, and write titles like "this correction is NORMAL",

Hahaha exactly this indeed. Man how many times did we read in the days around christmas that it was NORMAL that bitcoin dropped, because people needed money to buy christmas presents? LOL And now those same people say that others who bought around christmas levels were STUPID for doing so, because 'everybody knew those prices were too high'.

[B1tUnl0ck3r]

 

just kidding .

[pitiflin]

Yes we all know the logic story. It's all good and sound. Please read my original post carefully.

Im creating this thread / space hoping it could help some people let out their emotional negativites, if any

If you don't have any feelings, that's fine. Not everyone is on the same curve

Feeling emotional pain and discussing about it could be part of a learning process for some, if not for you.

Do you know a Korean student committed suicide because he lost money on crypto?

https://zycrypto.com/20-year-old-korean-student-commits-suicide-losing-money-bitcoin-trading/

Of course i'm sure you would dismiss his death as his own f***ing stupidity. But I don't agree with you.

I hope we create an environment here where we support all sorts of different people - we could only progress and mature fast as a community by facilitating a positive constructive and supportive environment where crying / feeling sad together (for those who want to ) sometimes is OK.

Mate look, these people who'll apparently share their feelings are nothing but made up bullshit. I'm trying to help you avoid nonsense. They will just spam to earn a few bucks.
Also discussing someone's pain on a forum won't help them much, rather they should go for therapy. It sounds ridiculous but if you're really that emotional then you better go.
Anyone who commits suicide is fucking stupid. Cause you only live once. Enjoy whatever you can. Sure people will forgive you after sometime.
Any investor if he gets a loss shouldn't sob about it. He should learn from his mistakes. And people won't listen to you or me. They'd learn the hard way because they are just fucking stubborn. I don't mean to hurt you or something but it's the truth.

[lol1yatme]

i am already crying on my own since januari. thanks for the offer though
i think we will be crying for a long time. 2018 is going to be a bad year.

Not at all! Why are you paying attention to rumors about the permanent downfall of bitcoin? Though there is stressful atmosphere in the crypto market but that does not mean you lose all hopes and start weeping. Crying is not going to do any good to you. What can save you from all this is patience and firm belief in god that he is not going to do anything wrong with you. Keep in mind nothing is going to stay forever.

[Palmerson]

Yes we all know the logic story. It's all good and sound. Please read my original post carefully.

Im creating this thread / space hoping it could help some people let out their emotional negativites, if any

If you don't have any feelings, that's fine. Not everyone is on the same curve

Feeling emotional pain and discussing about it could be part of a learning process for some, if not for you.

Do you know a Korean student committed suicide because he lost money on crypto?

https://zycrypto.com/20-year-old-korean-student-commits-suicide-losing-money-bitcoin-trading/

Of course i'm sure you would dismiss his death as his own f***ing stupidity. But I don't agree with you.

I hope we create an environment here where we support all sorts of different people - we could only progress and mature fast as a community by facilitating a positive constructive and supportive environment where crying / feeling sad together (for those who want to ) sometimes is OK.

Mate look, these people who'll apparently share their feelings are nothing but made up bullshit. I'm trying to help you avoid nonsense. They will just spam to earn a few bucks.
Also discussing someone's pain on a forum won't help them much, rather they should go for therapy. It sounds ridiculous but if you're really that emotional then you better go.
Anyone who commits suicide is fucking stupid. Cause you only live once. Enjoy whatever you can. Sure people will forgive you after sometime.
Any investor if he gets a loss shouldn't sob about it. He should learn from his mistakes. And people won't listen to you or me. They'd learn the hard way because they are just fucking stubborn. I don't mean to hurt you or something but it's the truth.

I don't see any reason to cry at all. When the price of bitcoin grew I heard a lot of cheers that we will wait until 2020. Many people said that they would save their bitcoins for 10 years or more. Why now cry. Bitcoin is rising in price every year so be patient and wait for the fall. Bitcoin always rewards its loyal users.

[darewaller]

What a thread! Funny though!! The thing you guys should understand is that Rome was not built in a day, and the fact that you heard some people who have held their coins over the years have made a lot does not make a newbie to just think they can easily just come within a year and expect the bitcoin price to just skyrocket all of a sudden.

Maybe you should know by now that it took about seven years plus to even get to this stage. Plummeting is not the end of the world; it is just the beginning of better movements ahead.

[el kaka22]

     I feel that "sad" is a poor choice of words. I want to see bitcoin growth and am not enthusiastic about its decline in price. I think it is important to remember though, that the price is still higher than what it was 6 months ago. Most people who are buying into bitcoin for the long run are not really looking that closely to the month swings. Bitcoin price is still up an exponential amount of what it was just a few years ago. I think it is important to remember this when reflecting upon short-term price swings.

I like it when I see newbies thinking like this, unless you are of course just a newbie on this forum and you have been investing for a long time, as it seems you are talking like an experienced investor. The truth is that downtrends are normal in any market, and rather than feeling sad for the market being down, what anyone should be feeling sad about now is not having money in fiat to buy more at this dip and accumulate for the future.

[BitHodler]

Plummeting is not the end of the world; it is just the beginning of better movements ahead.

Noobs don't think like that. Bitcoin for them is doing well during price increases, and preferably after them having entered the market. It's pure hypocrisy and stupidity ruling this community and the market as well.

No wonder people here only end up with less coins overall, while smart investors hodl and and trade their way up, making use of the volatility we quite often experience. I wish I had free capital left to buy with right now.

It's a great moment to enter the market, but some people just don't want to realize that, or they are too stupid to do so. I think both factors play an important role here. Soon people will blame themselves for not having bought

[burner2014]

Plummeting is not the end of the world; it is just the beginning of better movements ahead.

Noobs don't think like that. Bitcoin for them is doing well during price increases, and preferably after them having entered the market. It's pure hypocrisy and stupidity ruling this community and the market as well.

No wonder people here only end up with less coins overall, while smart investors hodl and and trade their way up, making use of the volatility we quite often experience. I wish I had free capital left to buy with right now.

It's a great moment to enter the market, but some people just don't want to realize that, or they are too stupid to do so. I think both factors play an important role here. Soon people will blame themselves for not having bought

We don't need to cry things out, as it is not yet the end of bitcoin world, everyday is not a payday, let us just think that we are doing a job and we are just waiting for the right day to claim our payday so no need to cry things out there, don't be in a hurry we will all gonna celebrate again tomorrow.

[Canis Majoris]

Let me start first --- every time I check the market I feel so negative and unsure. Logically I tell myself I'm happy to see BTC going to below $3K because I could buy more cheap coins. But every time when I see the bearishness of the market I just feel pretty hopeless and not sure when my position could go back to my buying price. My avearge buy was around $11K but I had 40% in alts that have already lost 70%.

I also question myself on why I haven't sold some of my coins when BTC reached $20K

I start to wonder if BTC would take 2 / 3 years to recover or would it take 15 years (like dot com bubble) for BTC to reach $20K again?

I just feel quite hopeless!

False hopelessness is more dangerous and detrimental than false hope. When you feel negative, you will be just sitting and crying over there. When you are feeling positive, you will be more inclined to act consciously, not like in panic selling when you don't understand what you are doing. There were plenty of opportunities to make up for the losses since December, and this is what people who think positive must have already done numerous times. Now they are earning profits.