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Author Topic: These drops are very bad for newbies and new investers!  (Read 168 times)
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May 12, 2018, 11:32:35 AM
 #21

Weak hands will sell whether they’re new or older investors. People need to grow a pair of balls & HODL through bad times. Bitcoin goes up over time, it’s just what it does. 

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May 12, 2018, 12:08:22 PM
 #22

Most of us have been here many times and see it as a good opportunity to buy more.
But I think the volatility is scaring new investors and can potential kill crypto in the long run.

Since bitcoin is a digital currency,the price fluctuation is quite common.Be a wise trader,we have to buy at any dip.As compared to last week ,the bitcoin price reduced 1400$.On 5th May,bitcoin price is around 9900$ and now 8500$.Check the below chart,

https://www.coindesk.com/price/

Even you can buy now for your future.If the new investors analyse this chart,they will get clear.The price fluctuation is common in Digital currency like bitcoin.
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May 12, 2018, 12:11:35 PM
 #23

I would actually argue that high volatility is better for inexperienced investors, if they can keep their emotions under control.

In a very stable market where one trend prevails, if you pick the wrong trade then it could be many months or years before it reverses and allows your to recuperate your investment.

In a volatile market, it may return to its original price or even a profitable market position in a matter of days or weeks. So there's two ways of looking at anything :-)
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May 12, 2018, 12:24:27 PM
 #24

Most of us have been here many times and see it as a good opportunity to buy more.
But I think the volatility is scaring new investors and can potential kill crypto in the long run.
Volatility don't kill the crypto and the investors,ofcourse it is the main reason for bitcoin success in very short time.But as you said it can kill the newbie investor who don't have any trust on bitcoin.
On the other hand the newbie investors the main reason for more bumps and dumps because they even selling their cryptos for small price drops so if they want to make money from their investment then they need to hold it longer and don't care about the temporary price falls.

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May 12, 2018, 12:58:48 PM
 #25

This is not surprising actually. Bitcoin, since it began, has been prone to volatility. And those who wants to get involved here should be very well aware of that fact so that once into this thing, it wouldn't bother them that much. This happening is actually normal due to some factors already discussed in other threads.

As for newbies, it would be a good first step if they read threads that will help them gather new knowledge and ideas, as well as reading related articles that will provide them significant thoughts. And for the investors, they must invest wisely and also know when and when not to commit money in order to earn financial return. Enough knowledge and proper technique will guide them through these bad times.

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May 12, 2018, 02:03:32 PM
 #26

I don't agree with you.
We are not trying to keep new investors, we are trying to keep real users, and real users( people who uses bitcoin for really  paying people/for services and are not speculators).
If a speculator is going out because he lost money, then it's okay, it's the same as someone invested in a stock and the stock went down so he lost money,the company shouldn't be caring the someone is going to  stop investing in the stock.
We should be focusing in the technology that drives bitcoin, and to make bitcoin a better coin in the technology aspect, and we should be stop worrying about down trends.


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May 12, 2018, 03:50:24 PM
 #27

Most of us have been here many times and see it as a good opportunity to buy more.
But I think the volatility is scaring new investors and can potential kill crypto in the long run.
YES absolutely they will be scared but they will only scared if they don't have atleast a little knowledge about bitcoin and not just thinking about the money that they can gain in the Digital currency world. They must sure that they have the researching in what they are investing with in order to gain more confidence in it.



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May 12, 2018, 05:01:30 PM
 #28

Most of us have been here many times and see it as a good opportunity to buy more.
But I think the volatility is scaring new investors and can potential kill crypto in the long run.

You look at it wrong. It give newbies a chance to buy more Bitcoin cheaper. Let say now Bitcoin would be $50k and price would keep growing.  How could a newbie aford whole Bitcoin one day.  Might take him years of hard work and starvation. No new clothes no new car no hobbies.    This way if price goes down new Crypto newbies will be able to bu cheap Bitcoins at $8k and $6k and $4k and cheaper.

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gentlemand
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May 12, 2018, 05:12:12 PM
 #29

Anyone throwing their money into this and not being fully prepared for a lengthy wait with plenty of scares along the way is a fool by this point. This is what Bitcoin gets up to and this is what the professionals preying on those newcomers feed on.

There are now years of behaviour to draw on and this forum is littered with salutory lessons from silly sausages who threw in the towel when they would've been fine with a bit more patience and a bit less emotion.

There's going to be plenty more of it in the years to come. Either get a ringside ticket or bog off and don't whine from the car park.

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May 12, 2018, 05:26:59 PM
 #30

Most of us have been here many times and see it as a good opportunity to buy more.
But I think the volatility is scaring new investors and can potential kill crypto in the long run.

I agree
If we want to hit high mark we need bitcoin to constantly get new people who will stay on long and hold on long run. Current 4 month situation is not bringing in such people, its just scaring them to go away for ever.
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May 12, 2018, 05:43:55 PM
 #31

I think such situations leave only persistent traders who learn to leave long positions in time or wait for such falls in the right assets. And especially experienced people squeeze out of such situations the maximum benefit for themselves. Without such falls, it would be difficult to earn.

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May 12, 2018, 10:09:46 PM
 #32

Most of us have been here many times and see it as a good opportunity to buy more.
But I think the volatility is scaring new investors and can potential kill crypto in the long run.

I don't see how these corrections can kill bitcoin in the long run at all.

You're right first of all about the fact that these dips essentially are an extremely good time for accumulating some bitcoin at a much lower price than you would have have to pay at the peak of the rally. However, I fail to see why we should be concerned for newbies when it comes to these corrections.

Anyone investing in bitcoin should know that BTC is currently indeed extremely volatile, and should be prepared, especially during a rally since the correction can come at any given moment. Volatility of BTC will actually gradually get better as more adoption happens, so I'm not that worried at all.

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May 12, 2018, 10:46:51 PM
 #33

Most of us have been here many times and see it as a good opportunity to buy more.
But I think the volatility is scaring new investors and can potential kill crypto in the long run.
If you think that these drops are bad, then the people for whom you're feeling pity for don't deserve a goddamn chance. They should be well aware what they are getting into. And don't blame crypto here. Even stocks are volatile. It's not crypto's fault if people are fucking dumb and useless shits.


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exstasie
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May 12, 2018, 10:56:04 PM
 #34

You could just as easily say the bubbles are bad for newbies and new investors. It's a pretty obvious cycle: after the bubble comes the crash. Wink

Most of us have been here many times and see it as a good opportunity to buy more.
But I think the volatility is scaring new investors and can potential kill crypto in the long run.

You've only been here since April 2018 so I can understand why you're so concerned about the price. Zoom out on the chart.... this down trend is nothing new for Bitcoin. It's just a correction in a long term uptrend.

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May 12, 2018, 10:57:04 PM
 #35

Most of us have been here many times and see it as a good opportunity to buy more.
But I think the volatility is scaring new investors and can potential kill crypto in the long run.
If you think that these drops are bad, then the people for whom you're feeling pity for don't deserve a goddamn chance. They should be well aware what they are getting into. And don't blame crypto here. Even stocks are volatile. It's not crypto's fault if people are fucking dumb and useless shits.
As in the quote, it needs to be given importance as an opportunity to invest at a lower price. Very few get into such thoughts while majority get into the panic state thinking the reason behind the price fluctuations in the high margin. Nothing to blame, each and everyone were clear about the volatility and the advantages of being volatile.

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May 12, 2018, 11:46:21 PM
 #36

I think such situations leave only persistent traders who learn to leave long positions in time or wait for such falls in the right assets. And especially experienced people squeeze out of such situations the maximum benefit for themselves. Without such falls, it would be difficult to earn.
Every failures their is a success, every patience their is a good news awaits. These drops are affecting not for newbies only but fo all who invest, but if a person understand the huge risks in crypto you will know fluctuation is a normal. Strong hands in this market is good somehow this fluctuation is certain cannot kill crypto that fluctuation is do exists as before.

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