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Author Topic: Low prices and bad comments are taking the confidence of the Newbies?  (Read 1217 times)
Thatsit (OP)
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July 29, 2018, 04:01:41 PM
 #1

When the price drops, there are many bad comments coming from different directions. The Newbies are most affected by this. Because if someone wants to invest, they are lagging behind for those bad comments and they are afraid also. Is this reason their Confidence Level is not low?

I think we should stop our bad comment about Bitcoin. We will also benefit from this.     Sad
hugeblack
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July 29, 2018, 04:20:17 PM
Last edit: July 29, 2018, 04:49:26 PM by hugeblack
 #2

If you do not know why you want to invest? Do not invest.
Relying on the opinions of others always causes losses.
I'm against you. I think this is positive for the long-term because those who think of Bitcoin as an investment tool are making things worse.
Any bad news will lead to massive declines due to the random sales and thus give a poor evaluation of Bitcoin. "make it a bubble."

Your motivation must be technology and not profits
Vineeta2oct
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July 29, 2018, 04:26:50 PM
 #3

If you do not know why to invest, do not invest.
Relying on the opinions of others always causes losses "not only newbies."

Exactly. If people are going to invest only because they are reading/seeing food comments and views of others about it then they should not invest. First know why do you want to invest and then learn, do proper research and then think of jumping into any market.
Ahmed4200
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July 29, 2018, 04:27:29 PM
 #4

Yes, I think it is not just newbies but it's the impact on everyone. Because we check and take a look only after taking an initiative. If we see these bad comments on any site, then we will doubtfully work. And we'll decide to get it back.
So we should not do this for ourselves well.
ngamuk tok
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July 29, 2018, 04:33:14 PM
 #5

yes you are right, I have read hundreds of treads that just say bad about bitcoin.
and that did not help at all. it is time for everyone to think posisitf.
detector
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July 29, 2018, 04:34:38 PM
 #6

I try to invest crypto because of my inner sound not from bad comments.
Even Pro trader able experience loss because cryptocurrency is far more risky than ordinary stock trading
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July 29, 2018, 04:46:34 PM
 #7

It's fine in my opinion. The newbies that are here and leave because of a price drop is here for the wrong reasons. It's fine for them to be exposed to such discussions. If they stay even with the price dropping and with them realizing about the volatility of cryptocurrencies, then congratulations, they MIGHT be here for the technology and not solely for the money.

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Aleshia696
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August 01, 2018, 08:23:00 AM
 #8

I would say that firstly it is very important to know whether you truly want to invest or not and before making up your mind do analysis as much as you can .Do not care much about what other say.
Andruha1993
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August 01, 2018, 08:43:02 AM
 #9

I agree with you that newcomers always write bad comments and cry when Bitcoin's price starts to fall. But I understand them, because I myself was a beginner and also experienced it when the price of crypto went down. Just do not pay attention to them, they will soon gain experience and understand that when the price falls, this is normal.
Kakmakr
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August 01, 2018, 08:54:49 AM
 #10

When the price drops, there are many bad comments coming from different directions. The Newbies are most affected by this. Because if someone wants to invest, they are lagging behind for those bad comments and they are afraid also. Is this reason their Confidence Level is not low?

I think we should stop our bad comment about Bitcoin. We will also benefit from this.     Sad

You ever heard about "Freedom of Speech" before? People are free to express their opinions and to debate and analyse events. It is in this debate where the answers to problems are found. Sometimes you need harsh debate and even some negative comments to change a situation.

You cannot keep Bitcoin in cotton and expect it to survive. It is the small battles that we are fighting now, that will eventually lead to us winning the war.  Grin

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cryptohobbs7
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August 01, 2018, 09:08:31 AM
 #11

All good things have bad side also. Day by day bitcoin become popular and some people still talk about it's bad side which can be ignored. I suggest try to analyze the market and keep faith on bitcoin. Hopefully you will surely get profit.
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August 01, 2018, 09:15:40 AM
 #12

When the price drops, there are many bad comments coming from different directions. The Newbies are most affected by this. Because if someone wants to invest, they are lagging behind for those bad comments and they are afraid also. Is this reason their Confidence Level is not low?

I think we should stop our bad comment about Bitcoin. We will also benefit from this.     Sad

Naysayers will always be there but if you listen to them, you have pretty much made the choice for yourself! Also the way naysayers are harmful, similarly heavily optimistic people are also harmful in a way. you often come across many people who speculate that bitcoin will be worth a million dollars by 2020 without providing any prudent ground to their claim. That's astronomical and no reasonable person will believe this! This kind of FUD is also not good for the newbies and to the communities as well.

To all newbie, my recommendation is to stay reasonable. Bitcoin is not a magic wand which will be valued by a million dollars within 5 years. So don't have very high hopes! Yes, few hundred percent of profits is obviously possible but be observant of the market dynamics always. That will save you from any disaster and also allow you to score at a cheaper price!     

Appiah95
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August 01, 2018, 09:41:41 AM
 #13

Though am a newbie on this forum, I ve been in this crypto  business for quite long so I do not get bothered much when the price drops because I know it is part of the game

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rickyNmorty
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August 01, 2018, 09:52:16 AM
 #14

When the price drops, there are many bad comments coming from different directions. The Newbies are most affected by this. Because if someone wants to invest, they are lagging behind for those bad comments and they are afraid also. Is this reason their Confidence Level is not low?

I think we should stop our bad comment about Bitcoin. We will also benefit from this.     Sad

The reason it that newbies do not have a huge trust in bitcoin because they are just starting. So with this we need to encourage them to read more reliable mews, articles and such concerning about bitcoin, with this, they can trust bitcoin more than others. Newbies need experience in order for them to trust bitcoin, it is like building a relationship it takes time. Newbies who let go of the bitcoin is like throwing the great opportunity come to their lives.
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August 01, 2018, 01:43:39 PM
 #15

we should stop our bad comment about Bitcoin but now my suggestion is for newbies, when you first join, you should not just learn what Bitcoin is, but also learn about the risks that may occur during the investment process. As there have been many cases, the third party lost or stolen the Bitcoin of clients. The reasons usually are hacker attacks, theft by service operators, or loss due to technical errors. Therefore, your online wallet should only store a small
amount of Bitcoin is the best.
Shinpako09
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August 01, 2018, 01:52:06 PM
 #16

Actually, not just newbie in this industry. Even those been here for how many months or years still got tricked by an FUD. Maybe those are the people that got tricked when they were still newbie in crypto so until now they do the same and keeping on doing it even if they had experience about it.
Gotumoot
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August 01, 2018, 01:52:46 PM
 #17

I agree with you that newcomers always write bad comments and cry when Bitcoin's price starts to fall. But I understand them, because I myself was a beginner and also experienced it when the price of crypto went down. Just do not pay attention to them, they will soon gain experience and understand that when the price falls, this is normal.
Yes, no doubt that newbies are easily deceived by what they see. All of us gone through these situation, but for us to conquer this feelings, we study the basics and the market of bitcoin, and because of that, we know that bitcoin dropping of price is normal because of its volatility, and also we know that not all of the things that we see spreading on the social media is true. The best to do is to study first the things that you wanted to invest before investing on it, for you to manage carefully your investments.
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August 01, 2018, 01:53:19 PM
 #18

I think this is one of those who lower the confindence of newbie here in the forum. But if they believe in it right away and do not take steps to confirm it is really not going to them themselves and they have no future in bitcoin. So they should be researched and they should also know exactly what are the causes of what is happening today.

/Bitcoin / Ethereum / Ripple /
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August 01, 2018, 01:57:11 PM
 #19

When the price drops, there are many bad comments coming from different directions. The Newbies are most affected by this. Because if someone wants to invest, they are lagging behind for those bad comments and they are afraid also. Is this reason their Confidence Level is not low?

I think we should stop our bad comment about Bitcoin. We will also benefit from this.     Sad

I think that the fluctuations are now caused by big investors to make a profit, they sold Bitcoin at 8.2K now want to buy at 10% cheaper, it's about 7.4K.
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August 01, 2018, 01:59:04 PM
 #20

Yes,i agree with you opinion. But one should determine about his/her investment depends upon their own opinion. So if there is no such determination, its better not to invest. Everything has its own positive and negative site.
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