BUK2016
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June 26, 2018, 12:05:41 PM |
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The economic crisis always has an effect on financial institutions all over the world if eventually the economic crisis is that of world all over and so shall it affect the digital currency. And I need not to be afriad of its effect on the crypto currency market because i will put up a measure in place so that the effect will not be much on my investment.
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foxbat
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June 26, 2018, 12:37:59 PM |
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I think the next economic crisis will affect the digital money market. what's your point of view?
I really feel afraid of the current market. I can not predict anything. I lost a lot of money before I felt depressed and sold the whole bitcoin today. I will wait for the market to settle down.
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1Referee
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June 26, 2018, 01:35:21 PM |
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I can not predict anything.
No one here can, you are not alone. I lost a lot of money before I felt depressed and sold the whole bitcoin today. I will wait for the market to settle down.
That's pretty dumb actually. As long as you haven't sold below your buying price, you haven't lost anything. It's just a virtual loss that you experienced, nothing more. But it's too late since you sold already. Why couldn't you just wait? If you don't need the money then it makes no sense to sell at current levels. This market can explode at any time and then you are left with your fiat that will buy you fewer coins back. You could have even sold just 50% and let the rest sit in Bitcoin to see where things go. Right now you purely depend on a further decline. Not smart man, not at all. People really should start to distance themselves from their fiat bias. It's causing way more harm than good.
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gabmen
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June 26, 2018, 01:56:54 PM |
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I think the next economic crisis will affect the digital money market. what's your point of view?
I really feel afraid of the current market. I can not predict anything. I lost a lot of money before I felt depressed and sold the whole bitcoin today. I will wait for the market to settle down. Lol if tried to predict how the market will move, you've already made a big mistake. We only have to be flexible and adaptable to it because we can't predict anything from it. And if there will be a great economic crisis that'll happen, i think this crypto market will be one of the few that people can opt in to since it'll be a great alternative that won't be as much affected as the more conventional economic markets out there.
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pereira4
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June 26, 2018, 02:15:02 PM |
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I was always psychologically ready since august of last year to see a massive crash because I was sensing too much of a FOMO market. I could be able to tolerate $4900, worst case scenario, re-testing the MtGox bubble peak... if it goes lower, I may start panicking, but at that point, why even sell? it wouldn't be life changing money, and maybe you end up selling right at the bottom of the biggest dip ever, instead of buying at such prices which would never be retested again after recovery starts.
At this point, buy and hold, too late to risk losing a position.
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sunlitit654
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June 26, 2018, 04:37:32 PM |
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Actually I am not afraid of this because crypto market is down now so it’s the high time to buy some coins with a cheap price and hold this coin till the profit raise based on this people who are smart enough they are holding their coins because they know it will increase soon.
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f150
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June 26, 2018, 05:23:45 PM |
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right now I am not afraid to see the market, this is precisely my chance to buy and hold it. maybe for those who buy at high prices early in the year yesterday maybe they're scared and panicked.
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olubams
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June 26, 2018, 05:30:40 PM |
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I think the next economic crisis will affect the digital money market. what's your point of view?
Economic crisis affects every sector of the economy because the same player who operate in other sectors operate in crypto as well. We don't live in an island, if the economic crises would affect the real estate even as a player in the market, you will have to bear it because you will have to lay for rent. On whether I am afriad, I think there is no point for that, its not something that would isolate indivuaks that it will affect and being afraid does not change anything either to stop it from happening or to navigate through it when it eventually happen.
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vionas
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June 26, 2018, 05:59:47 PM |
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I think the next economic crisis will affect the digital money market. what's your point of view?
I am a little worried, but I still believe the market will be stable again and the price of crypto currency will be more stable. The market will be able to grow and still can provide decent benefits.
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AldoCrawley
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June 26, 2018, 10:55:14 PM |
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There is no reason at all to be afraid of the crypto market. As we know the nature of the cryptocurrency is decentralized thus it makes the market volatile. So price will rise up and fall down rapidly. We just need to wait and make our move patiently.
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vivavivu
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June 26, 2018, 11:12:19 PM |
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Honestly, i am not afraid of market now. Crisis at economics can make crypto currency investment increasing, actually.
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batang_bitcoin
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June 26, 2018, 11:19:03 PM |
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I think the next economic crisis will affect the digital money market.
Why you think so that it will affect the crypto market? Are you afraid of the market now? I'm not afraid of the market now. Just remember the words of Warren Buffett about afraid/fear in economy. It's an advantage for someone who can clearly understands this market.
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Clark05
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June 26, 2018, 11:22:42 PM |
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Im not afraid even we experienced dumping price of coins or tokens in the market. It's a normal because not always the price up they have time the price to decrease because they prefare for the next pumping which is very high.
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jho0810
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June 26, 2018, 11:30:39 PM |
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Im afraid yes because you dont have any assurance if you will win or will be lose your money in crypto investment. Especially now that the market is so volatile now.
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romneymoney
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HODL
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June 26, 2018, 11:37:51 PM |
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We're nowhere near uncharted territory yet. Every huge pump has been followed by a devastating bear market. Now is the time to be increasing holdings, the lower prices now are good as long as the next huge pump happens. I'll be afraid in the 2020's if we're still farting around in the < $20k range.
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Maddinson100
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June 27, 2018, 06:52:19 AM |
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If i said i wasn' t afraid , i' d be lying. I' m a little nervous when bitcoin prices drop down under 6k$ today. But i still have great faith in this market. Patience and wait There are a few surprising new ico that have been developed to increase the flow of traditional financial markets. This could be a new wind to get to the market
We should remember that we are in a long term investment and it is clear that market needs time to recover after a down fall. So we do not have to take tension about the market because we have seen many down falls like this in the past and seen it recover again, the down fall is the time to buy and the recovery time when give you a high maximum value is the time to sell.
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westlake4
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June 27, 2018, 07:10:02 AM |
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I think the next economic crisis will affect the digital money market. what's your point of view?
I really feel afraid of the current market. I can not predict anything. I lost a lot of money before I felt depressed and sold the whole bitcoin today. I will wait for the market to settle down. It's a right decision at this time since no one can predict where will bitcoin go to. This downtrend will not end soon, at least until the end of 2018. Bitcoin price had pumped 2 years continue (2016 - 2017).
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lablab03
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June 27, 2018, 07:29:45 AM |
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Sort of, but I'm still believing that it will increase again soon, so i will keep holding no matter what happen on my money, yes it's definitely sad situation but this is already happened so must accept the fact. 'cause this is the only choice we have which is as of now we need take all the risk to regain our losses,
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sclmte
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June 27, 2018, 07:35:54 AM |
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I think the next economic crisis will affect the digital money market. what's your point of view?
If you have no doubt about crypto capabilities, there is no way to worry even having the current situation we are struggling right now. Do I feel bad and sometimes lost hope but isn't big enough to surrender my trust towards crypto. And I know that this could be over soon, and red turns into green once again. I may just stay calm and will patiently waiting for.
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rickadone
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June 27, 2018, 06:23:24 PM |
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I am definitely not afraid to jump in on the market as this is the best time of the year to bag some good coins. What about you?
I wonder why anyone will be afraid of the market that would actually serve as a store of value in the case of economic recession. Physical assets were used in the past for cases like this by investors and now where we have digital assets; things would actually even be easier for anyone trying to store value. Right now, we are going to be seeing a new era in which things would even get a lot more interesting for the cryptocurrency world.
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