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Author Topic: Wake up and learn, stop being a basement dweller!  (Read 265 times)
WolkGold
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June 14, 2018, 04:21:07 AM
 #21

if they stop and in the basement. That is really wrong. I think they will regret it later. The data in the April fluctuation shows that bitcoin will continue and remain a king on the market as it continuously adds value> $ 8k in just two days. If you forget the volatile nature of bitcoin it will be more difficult when you buy bitcoin when value increases.
Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
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CodyAlfaridzi
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June 14, 2018, 04:23:41 AM
 #22

Btc will always regain and have higher highs - it's only a waiting game as long as you don't have to cash out.
Enjoy that free advice, it works!  Wink
Be careful on that one mate. Although I'm a longterm bull as well but having such optimism can be bad for you. If you have your financial life secured, then its ok to hold during losses. It's a waiting game, true, but nobody has forever. Our time is limited, the market could stay irrational longer than you can stay liquid. So it's okay to cash out with some losses. You can always buy lower or short the market.
Crown1
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June 14, 2018, 04:57:37 AM
 #23

BTC is our future, then hold the BTC is a right decision at any time, if BTC is in decline in the short term, so it doesn't matter, you only need to wait for, waiting for the BTC to rise. Grin

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Gambitter
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June 14, 2018, 05:04:45 AM
 #24

Yes that's actually right. Most of us here doesn't have enough patience, and that is why in the end regrets takes its place, but it is not the end. Just keep learning from experience and what you have read, then try to apply it on your side, and then the most important thing of all is control your own emotions.
apirmalakas
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June 14, 2018, 06:37:15 AM
 #25

This is entirely true. Bitcoin and blockchain in general is still in its early stages. Just like how most companies and new industries started. They are met with criticisms and backlashed from traditional people and businesses since they threaten their existence and model. It will just be a matter of time before everyone is using blockchain and/or bitcoin in their daily lives.
eye-con
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June 14, 2018, 11:05:17 AM
 #26

Keep this nugget of knowledge...

If you hold any btc, it will always be worth 100,000,000 satoshis per btc.

When the markets crash like this, you will still have 100,000,000 satoshis per btc

The opportunity is the crashed value of the satoshi value of other projects. This is when you Buy and also is when true wealth will be made.

Btc will always regain and have higher highs - it's only a waiting game as long as you don't have to cash out.

Enjoy that free advice, it works!  Wink
that's exactly the words needed for negative people who thinks anything bad about bitcoin, they should be shared this kind of positivity. many people are so afraid of losing their money, they risk their money without knowing the risk that they might face in the future. for that situation, people must have enough knowledge first before investing, and think more than twice, and if you finally decided to invest, you must believe on your investment. especially on bitcoin.

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keycellko
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June 14, 2018, 11:08:56 AM
Last edit: June 15, 2018, 11:35:16 AM by keycellko
 #27

Yes, indeed. There's really no need to worry when it comes to these times when the market is red. We can see greater highs after this. This has always been the behavior of bitcoin. But never has it not recovered after a big fall. Panic selling will only result to lowering down the price even more. Just chill, watch for the next bump and we'll be ok.
kewlc3s
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June 14, 2018, 11:13:05 AM
 #28

If you hold any btc, it will always be worth 100,000,000 satoshis per btc.

If rephrase you can use this everywhere.
If you hold a kg of gold, it will be always worth 1000 grams, or 1 USD will always be 100 cents. And so on.. 

But, in big steps I agree with you  Wink
hiphoptrail (OP)
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June 14, 2018, 02:30:18 PM
 #29

If you hold any btc, it will always be worth 100,000,000 satoshis per btc.

If rephrase you can use this everywhere.
If you hold a kg of gold, it will be always worth 1000 grams, or 1 USD will always be 100 cents. And so on.. 

But, in big steps I agree with you  Wink


Very true. But we peg btc satoshi value to other projects. Those projects go down in sats, we buy and accumulate more.

Summer sale happening in cryptoland Cool
hiphoptrail (OP)
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June 14, 2018, 02:31:24 PM
 #30

Yes, indeed. There's really no need to worry when it comes to these times when the market is red. We can see greater highs after this. This has always been the behavior of bitcoin. But never has it not recivered after a big fall.


yes sir! I can tell this is not your first rodeo Cool
que91
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June 14, 2018, 02:35:47 PM
 #31

I think everyone in this cryptocurrency world also know that 1 BTC is always 100m sts but they don't really care about it, the only thing they care about is price of BTC in USD that why there are so many panic sellers when price of BTC just dropped a little bit. It's really easy to understand but it's not easy to control your emotional Grin
D3F4L7 RAT
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June 14, 2018, 02:38:22 PM
 #32

Yes, indeed. There's really no need to worry when it comes to these times when the market is red. We can see greater highs after this. This has always been the behavior of bitcoin. But never has it not recivered after a big fall.
This is very true mate! Actually if the price of bitcoin is in ted there is no need to worry about his price. Remember that when a cryptocurrency is in dip there is a high possibility that the market will grow even higher than the previous price. This is the best time to enter the market, new investors can now easily get in and get a profit.
newgal2017
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June 14, 2018, 02:47:26 PM
 #33

It is true that the price of Bitcoin is very unstable, one moment its increasing then next it gets really low, sometimes the value of Bitcoin even jumps from top to bottom and vice versa that makes it hard to foresee what will going to happen. But, as what happened through the past years, Bitcoin is continuously moving and recovering from every situation so therefore we shouldn't make decisions impulsively based on what our eyes see. Panic selling may cause us the higher price or profit we should've earn.
hiphoptrail (OP)
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June 14, 2018, 03:05:38 PM
 #34

Keep this nugget of knowledge...

If you hold any btc, it will always be worth 100,000,000 satoshis per btc.

When the markets crash like this, you will still have 100,000,000 satoshis per btc

The opportunity is the crashed value of the satoshi value of other projects. This is when you Buy and also is when true wealth will be made.

Btc will always regain and have higher highs - it's only a waiting game as long as you don't have to cash out.

Enjoy that free advice, it works!  Wink
that's exactly the words needed for negative people who thinks anything bad about bitcoin, they should be shared this kind of positivity. many people are so afraid of losing their money, they risk their money without knowing the risk that they might face in the future. for that situation, people must have enough knowledge first before investing, and think more than twice, and if you finally decided to invest, you must believe on your investment. especially on bitcoin.

well said!
hiphoptrail (OP)
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June 14, 2018, 03:08:02 PM
 #35

It is true that the price of Bitcoin is very unstable, one moment its increasing then next it gets really low, sometimes the value of Bitcoin even jumps from top to bottom and vice versa that makes it hard to foresee what will going to happen. But, as what happened through the past years, Bitcoin is continuously moving and recovering from every situation so therefore we shouldn't make decisions impulsively based on what our eyes see. Panic selling may cause us the higher price or profit we should've earn.

If only people realized this.

Thanks for posting and it needed to be said!


HadadC
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June 14, 2018, 03:12:08 PM
 #36

Thanks for advise.People should always learn new things.Stopping , just standing is not okay.You are so right.

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hiphoptrail (OP)
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June 14, 2018, 03:15:02 PM
 #37

Thanks for advise.People should always learn new things.Stopping , just standing is not okay.You are so right.


yes!

I love the movie shawshank redemption...this quote sums up what you said

get busy living or get busy dying

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Victorycoin
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June 14, 2018, 07:45:59 PM
 #38

Btc will always regain and have higher highs - it's only a waiting game as long as you don't have to cash out.
Enjoy that free advice, it works!  Wink
Be careful on that one mate. Although I'm a longterm bull as well but having such optimism can be bad for you. If you have your financial life secured, then its ok to hold during losses. It's a waiting game, true, but nobody has forever. Our time is limited, the market could stay irrational longer than you can stay liquid. So it's okay to cash out with some losses. You can always buy lower or short the market.
That's hitting the nail on the head, but unfortunately it may not really sink in, because of what some people here deem as positivism, but which in reality might be ignorance at work. We known Bitcoin has a history of always bouncing back after a crash, but just like now, the market is irrational and may well remain so longer than many can endure or remain liquid enough to contain the draw down. Unless there's an emergency, there's really no need to cash out when market starts to reverse, instead we can hedge our open positions by buying Tether= USDT and hodling it until price bottoms out and starts to climb again.
Master Third
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June 14, 2018, 07:49:06 PM
 #39

I also believe like you that btc will regain the good position in the market but I think, this truth still can not comfort the investors of btc while the price was at $20k before.
temilade200
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June 14, 2018, 07:54:32 PM
 #40

Yes, that is it. Every good trader and investor will always trade and invest using satoshi value instead of the dollar value. When investing in altcoins, it is better to always consider the satoshi value, because the satoshi value of bitcoin will always remain the same, while that of altcoins always change.
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