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Author Topic: Why the market is like this? - Should i quit crypto for good!  (Read 514 times)
skorupi17
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June 13, 2018, 04:11:49 PM
 #21


Is this a whale manipulation to get in lower or there are some really bad news in crypto market? Please be honest and tell the truth. I am really thinking to quit crypto world for good as i can still quit as a winner from my initial investment. I am getting sick of this market and hope and patience is not good enought for me. I dont believe in Bitcoins new ATH by the end of the year. What i saw in may and now in june it really turn me pesimistic about the crypto market. So i want to save my last BTC i have left.


It would be idiotic if you'll bail out. I see that you haven't been around that long in order to understand how cryptocurrency works. The whole market is in distress so the current status is not that alarming at all. If you quit now you might end up regretting your action months from now. We won't see the bull running at all times, it'll slows down eventually and take its rest. Just hang tight, week hands like you are the ones who suffers the most.
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June 13, 2018, 05:06:43 PM
 #22

You should have already known after entering the crypto market that volatility is the name of its game and if you cannot adapt to it then all of your investments will be lost due to emotional decisions. It is very natural in the market to have a very huge dips this also happens in the forex but in the crypto market it is much frequent as many factors are behind it. As such you should have other means to earn when big dips happen or strategies so that when the moon comes you will gain profits.
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June 13, 2018, 05:27:31 PM
 #23


Is this a whale manipulation to get in lower or there are some really bad news in crypto market? Please be honest and tell the truth. I am really thinking to quit crypto world for good as i can still quit as a winner from my initial investment. I am getting sick of this market and hope and patience is not good enought for me. I dont believe in Bitcoins new ATH by the end of the year. What i saw in may and now in june it really turn me pesimistic about the crypto market. So i want to save my last BTC i have left.

It is up to you if you want to quit because only you can decide it to yourself and you are considered as one of the weak-hands holders who doesn't have patience to wait. How long have you been in this forum and how long have you been looking the chart that you still don't get the process of the market. Bitcoin market is so unpredictable in a way that your hopes might turn to dust and disappear in thin air.

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June 13, 2018, 05:34:35 PM
 #24

As warren buffet said "Be greedy when everyone is fearful and be fearful when everyone is greedy." That cannot be anything better or more fundamental than this. Everything starts here and ends here.

This is investing, economics in one line. There you go.

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June 13, 2018, 05:43:48 PM
 #25

No, this is the time to hold your crypto with heavy patients. Also, you can buy in the dip. Now there are many cryptos which are in very lucrative price and you must buy all these coins some of them are; CAPP, HVN, STQ and Dim Coin.
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June 13, 2018, 05:49:16 PM
 #26

I am getting sick of this market and hope and patience is not good enought for me.

Yep, you should definitely quit. The volatility markets isn't a suits place for you. and also lack of patience could be the roots of all your problem. There is no an easy and quick way to make money.
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June 14, 2018, 06:17:39 AM
 #27


Is this a whale manipulation to get in lower or there are some really bad news in crypto market? Please be honest and tell the truth. I am really thinking to quit crypto world for good as i can still quit as a winner from my initial investment. I am getting sick of this market and hope and patience is not good enought for me. I dont believe in Bitcoins new ATH by the end of the year. What i saw in may and now in june it really turn me pesimistic about the crypto market. So i want to save my last BTC i have left.

I think you should finish cryptography now, so that you have the opportunity with the remaining capital to come when there will be a bullish trend and a strong position of coins. You do not have the patience that plays the first role here.

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June 14, 2018, 07:01:39 AM
 #28

OK, I understand what you mean. My advice to you is to stay calm. It is normal for cryptocurrencies to have whales. You don't have to panic. Anxiety is also normal. I am also anxious. But apart from cryptocurrency, I can't find a better way to invest and manage money.
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June 14, 2018, 07:09:22 AM
 #29

Is this a whale manipulation to get in lower or there are some really bad news in crypto market? Please be honest and tell the truth. I am really thinking to quit crypto world for good as i can still quit as a winner from my initial investment. I am getting sick of this market and hope and patience is not good enought for me. I dont believe in Bitcoins new ATH by the end of the year. What i saw in may and now in june it really turn me pesimistic about the crypto market. So i want to save my last BTC i have left.
Now we only need the majority of crypto holders think like you and the next uptrend will come  Grin
If you can't stand the volatility or if you are seriously afraid of your money, better get out and only invest what you can afford to lose!
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June 14, 2018, 07:20:21 AM
 #30

The market become red because many news about bitcoin or cryptocurrency and that is negative. Many people who are panic selling their bitcoin so the market down . Patient is our need and need promote cryptocurrency in the other people to increase the price.

 
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June 14, 2018, 07:31:47 AM
 #31


Is this a whale manipulation to get in lower or there are some really bad news in crypto market? Please be honest and tell the truth. I am really thinking to quit crypto world for good as i can still quit as a winner from my initial investment. I am getting sick of this market and hope and patience is not good enought for me. I dont believe in Bitcoins new ATH by the end of the year. What i saw in may and now in june it really turn me pesimistic about the crypto market. So i want to save my last BTC i have left.


I am discourage about the current situation right now too, but i put my trust in everything will be alright. I now play games online and take a little peek of what is happening out here. It kinda lessen the heat that i felt about and continue to hold even longer. Find something that you could use your time to remove depression.
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June 14, 2018, 07:49:37 AM
 #32

Don't worry, don't worry, don't sell, or you'll lose everything. Panic cannot participate in cryptocurrency investments. The cryptocurrency market is a normal growth period.
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June 14, 2018, 07:51:00 AM
 #33

Is this a whale manipulation to get in lower or there are some really bad news in crypto market? Please be honest and tell the truth.
Most people who are even knowledgeable to us about the current situation of the market here are honest and they don't even have an accurate word to say. They are giving what they can see and feel on what's the real cause of this dip. It can be a combination of manipulation and bad news.

I am really thinking to quit crypto world for good as i can still quit as a winner from my initial investment. I am getting sick of this market and hope and patience is not good enought for me. I dont believe in Bitcoins new ATH by the end of the year
You are free to get out of the market and quit for peace if you still have your initial investment. You're even luckier than the others who are still waiting for a good rise. Have you ever studied cryptocurrency before you entered? it's not about getting profit only but you have to be ready to face these types of crashes.

What i saw in may and now in june it really turn me pesimistic about the crypto market. So i want to save my last BTC i have left.
Then save your few btc left and be pessimistic, everyone has a freedom to do it.

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June 14, 2018, 08:00:34 AM
 #34

Ultimately its your choice

The market is very unpredictable but if its indicating its becoming over sold it's probably not an ideal time to liquidate all of your holdings

You could always reduce your investment and take some profits if the volatility is too much

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June 14, 2018, 08:03:02 AM
 #35


Is this a whale manipulation to get in lower or there are some really bad news in crypto market? Please be honest and tell the truth. I am really thinking to quit crypto world for good as i can still quit as a winner from my initial investment. I am getting sick of this market and hope and patience is not good enought for me. I dont believe in Bitcoins new ATH by the end of the year. What i saw in may and now in june it really turn me pesimistic about the crypto market. So i want to save my last BTC i have left.


It helps to look at the longer-term trend. Zoom out on the charts to look at the last 12 months. The progress is still steadily upwards, it's just that there have been a lot of ups and downs along the way.

Really it comes down to if you still have faith that crypto will change the world. If you do, then hold. If you don't, then maybe cash out at least in part.






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June 14, 2018, 12:04:25 PM
 #36

I think instead of leaving crypto you should start to think more long-term and take the current situation as an opportunity to buy in as much as you can.
That's at least what I'm doing.

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June 14, 2018, 12:21:05 PM
 #37

With the current situation, where the price is downtrend I think it is a reasonable prustration, but do not overdo it. it would be better if we always be optimistic and do not get too bad news Bitcoin negative, because all this is not over and there is still a chance in this crypto.
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June 14, 2018, 12:37:59 PM
 #38

If you're sick of the crypto market and you have said it already, give up and don't ever come back.

Get yourself something valuable to do IRL instead of crying to the internet with your skeptic mind to bitcoin. You don't believe on it anymore? fine, you can sell it now.

How long have you ever been involved in the crypto market?

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June 14, 2018, 12:39:57 PM
 #39

"Invest what you can afford to lose" sounds to me like you broke this golden rule and you're now regreting investing in cryptocurrencies with no idea about the basic concepts of this market. And you said "patience is not good enought for me", but what's the rush? oh, are you one of those who fell for the "get rich quick" crypto meme?

There are no bad news, and we don't know if this all a manipulation from the whales, what we do know is that the current state of the market is offering us the opportunity to buy cheap coins, so why not take advantage of it? If you wan to quit crypto then I think this is the best time to do it, bearish sentiment is strong so the current prices might keep going down, and I don't think you want to be here during another bloodbath.

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June 14, 2018, 12:49:30 PM
 #40

In crypto there are good times and bad times.
Now is a bad time, becuase almost all crypto are losing value, against USD/EUR, but i still believe that some cryptos will have a real use and value in the future so now is a good time to buy, despite i still think that it will go down a little bit in the next few weeks ... better to buy later...
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