DO NOT GIVE UP !!

[TheGreatPython]

I do not feel like the drop in price is the trouble with bitcoin and I am not considering getting out because it went down. I feel like the swings are the problem, I feel like going up and down this quickly doesn't make it easy to accept bitcoin as a payment option.

You can take any amount of money you want from your customers for bitcoin and when the money is with you are not getting exactly the same amount. If you cash out right away you may get something close however if you do not than your money swings like crazy up or down. I feel like stabilizing would kill bitcoin but also swings are killing it for me as well.

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[deisik]

I see that the price of Bitcoin is still around $ 6500. Maybe I am one of the many people who expect bitcoin to jump to more than $ 10,000. Until now, I can only hope this will happen in the coming months in 2018. I think being patient and having high hopes optimistically will be a loyal friend in this mind.
Thank's.

I can assure you that you are not alone waiting for these prices

That's why we are very unlikely to see them soon as quite a few people are waiting to jump off at the first opportunity, i.e. to get rid of their coins as soon as they can even if that means gaining nothing or booking some losses. There was plenty of enthusiasm and expectations of prices rebounding from levels of around 12k when the first serious wave of Bitcoin crash overwhelmed the market. And in fact, there was a rebound, a typical dead cat's bounce as it turned out later. So there is a massive amount of bitcoins waiting to get sold off. Since people are always thinking that are wiser than the rest of the pack, many are not actually going to wait that long and will be ready to liquidate faster at lower prices. And the practice confirms that hypothesis as we see a tremendous resistance instantly building up whenever there is a hint at price growth

In a sense, we are like a hamster on a treadmill, so no matter how fast we run, the wheel just spins faster

It's not always like this. In 2016 people had many opportunities to unload everything especially since they could buy at $350 and sell at $650 in a matter of weeks between April and May. It did not happen. The majority quickly forgot about the bear trend and kept buying above 600 USD. They did not want to buy at $300 2 months before but they were buying at 600 now. Inner workings of human mind.

Times look different now

You miss an important factor which was likely at play back in the day and which is absent today. First of all, how could the price go from $300 to $650 in a matter of weeks if no one had been buying? But this is a minor issue. The major one is that people who were buying in September, 2016 (as it was then when the prices had started to rise in earnest), and from then on, were mostly first-time buyers, and there were plenty of them at that point. Theoretically, if many millions of new comers enter the Bitcoin market right now, all resistance will be double-penetrated brutally in less than no time, but personally, I don't believe there is a good store of fresh souls willing to accomplish this feat. That's why things may be and likely are different today

[Cacingkemi]

One need not to optimistic about high market value of Bitcoin in the remaining month of 2018 because this year cannot in any way be compared to that of last year, though   this year cannot in any way be seeing as the worst year for Bitcoin and crypto currency in general growth.
Patients/ holding is all we need to help the market recover from this downward trend.

You're right,restoring the market with the BTC hodl is a good method,but there are daily traders who play there to make a profit.by the way We all know that market value will grow if there is a lot of demand and it must be done by every trader.of awareness to grow it difficult But this year is't so bad the value is getting better.

[mace15]

One need not to optimistic about high market value of Bitcoin in the remaining month of 2018 because this year cannot in any way be compared to that of last year, though   this year cannot in any way be seeing as the worst year for Bitcoin and crypto currency in general growth.
Patients/ holding is all we need to help the market recover from this downward trend.

You're right,restoring the market with the BTC hodl is a good method,but there are daily traders who play there to make a profit.by the way We all know that market value will grow if there is a lot of demand and it must be done by every trader.of awareness to grow it difficult But this year is't so bad the value is getting better.

Well exactly by having patience we can indeed hold our btc until it can start for the recovery of price. Also hard to compare the value always from last year and this year. But eventually we could hope for the best price of btc to increase this late year ends.

[carlisle1]

I see that the price of Bitcoin is still around $ 6500. Maybe I am one of the many people who expect bitcoin to jump to more than $ 10,000. Until now, I can only hope this will happen in the coming months in 2018. I think being patient and having high hopes optimistically will be a loyal friend in this mind.
Thank's.

One need not to optimistic about high market value of Bitcoin in the remaining month of 2018 because this year cannot in any way be compared to that of last year, though   this year cannot in any way be seeing as the worst year for Bitcoin and crypto currency in general growth.
Patients/ holding is all we need to help the market recover from this downward trend.

Theres no worst  year for bitcoin,its just happened that we are comparing the prices on what bitcoin reached last December when the market value got bubbles and taken advantage by the whales to pumps the value so that many aspiring investors will buy bitcoin at the hype.so many are trapped when the price dumped by the whales

[candra raditya]

Giving up means losing, why give up if there is still a chance to win, and to win patience is the best weapon. The market will not be forever like this and with the running time there will be changes and the benefits of crypto will get.

[Dilerium90]

I see that the price of Bitcoin is still around $ 6500. Maybe I am one of the many people who expect bitcoin to jump to more than $ 10,000. Until now, I can only hope this will happen in the coming months in 2018. I think being patient and having high hopes optimistically will be a loyal friend in this mind.
Thank's.

I agree with this opinion. I suppose that in the autumn should be a similar jump in prices not only for bitcoin, but also for other cryptocurrencies. This is of course only an assumption, but I am positive about the price increasing.

[KorakPawon]

I do agree with your opinion. That's exactly right thing that we can do to face it, keep patient and wait. Being patient is not easy, because it is also give risk, that is time we gambled. Besides, indefinite price which can be low or high is another case we worry about. So, yeah, it's the right choice I guess.

[bitbunnny]

Don't expect too much, it's not very likely that Bitcoin price will cross 10000$ this year or even reach that price.
Although Bitcoin price natters I think that many are too foucused only on price and they are forgetting all other good aspects of Bitcoin.
Anyway, I stoped talking people not to give up, everyone has its own free will to do what they want. At the end, it's their loss.

[realBitcoiner]

Thank you very much to all who give their suggestions or motivations and opinions. I see there are still many people who are very excited about difficult situations. I appreciate all of you, keep your spirit together and wait for the good news that will be present for bitcoin. Success for all of you..

It is a fact that if you want to make money from your coins, you will have to hold your coins for long time and would have to bear this current situation of the market. No doubt the price will go up in the future and those who hold their coins in these rough conditions will be the richest persons of their community in the coming days. Be cool and wait for some more time.

[jostorres]

I do not feel like the drop in price is the trouble with bitcoin and I am not considering getting out because it went down. I feel like the swings are the problem, I feel like going up and down this quickly doesn't make it easy to accept bitcoin as a payment option.

You can take any amount of money you want from your customers for bitcoin and when the money is with you are not getting exactly the same amount. If you cash out right away you may get something close however if you do not than your money swings like crazy up or down. I feel like stabilizing would kill bitcoin but also swings are killing it for me as well.

For people who just trade bitcoin to make more money in return it is easy to tell others not to give up but the problem is some of us are not into bitcoin because we want to get rich with trading (even tho all of us trade here and there sometimes).

I for one am a person who accepts bitcoin as a payment method, which means I do not try to make more money by trading (well until I get the money to the point where I cash out the price changes so I kiiiinda trade) but with just accepting bitcoin, I even give discounts when accepting bitcoin. Back when price went up that was a good thing but right now it is getting worse and worse.

[Roni116]

Giving up is a desperate attitude, and to achieve success I must remove the word surrender in mind. Crypto still has a chance to grow, and holding is the choice I take.

[LyQaN]

We should never give up on our bitcoin investmnets.No doubt Bitcoin is going through a difficult phase but it is a time for us to stand with the coin which  has made us earn huge profits.We should keep holding and should invest more.We should not worry about our investments because in the coming months price will surely rise and we will definitely find a better price to sell.

[okala]

I strongly believe that bitcoin is going to recover likewise every other cryptocurrencies and we just need patience for us to be able to make money from this market. Some of us that buy cryptocurrencies in some years ago make money from it when the whole market was in bull run in 2017.

[thefaucetrunner]

i dont see if give up is a good way for every crypto enthusiast facing current market situation, bitcoin price showed stable and will remain stagnant until the end of this year in approx $6000 - $9000. dont ever quit for what you have started in cryptocurrency, because quitter will always regret of their decision. Patience are always needed in every cryptocurrency investment, not only in bear market, when bull comes we still have to be patient to earn profit.

[CrazeCoinz]

You need just follow the main rule of investment in cryptocurrency: You have lost you money by buying any coin. And also you don't need to hold all the eggs in one basket! Life will be easier if you follow this simple rules.

Yeah, Diversified your investment to minimize the risk if other currency will dump and you may recover your lose to other coins. This is a good advice which I think applicable at any market situation. You just need to invest on those project with good reputation.

[splacque]

Don't give now because this month and next comings months bitcoin will be good and price will pump again.

yes, new hope will continue to arrive in each moon, when you will give up, but you still have tomorrow, so don't give up, because that can be the thing that builds our success. well, regarding the price of bitcoin, I think there are still many possibilities to see the price getting higher.

Those who give up and withdrew or converted their investment to Altcoin will rub their hands to see the growth in bitcoin price in the near future. I think that all the investors should stay in bitcoin because when the investment cap decreases the price will also decreases and when more people invest in bitcoin, the price will go up and it is happening in the near future.

[BerneirBTC]

Well, I've been patient quite long tho, but believe me being patient isn't the option, the only thing that you need to do is just make your own other bussiness or try to go work in many other place, because we don't know nothing about how we grow the prices up. So just let it flow.

You're right i give the same advice to my friends and relative but they refuse and sell there coins without any profit. 

Giving up is the quality of those who have no target and even have not enough knowledge that is why decision of giving up has no solution. If you want to survive in market conditions like this then you will have to hold all your coins for some more time.

Real investors buy in low market with large quantity and then sell in high market with huge profit for this purpose they hold it for a long time which ends as a result of perfect solution.

[bering]

Most people at here also have same hope such as you that they are hoping the price could bounce back again and surpassing $10k or even more but until reach that time then this is good time to buy bitcoin because it's could be useless if the price increase again soon but you're regretting your decission with not buy back when the price low

[davit putra]

I will be patient and not give up on the falling market. What is certain is that bitcoin can still survive and have the highest value in crypto, and there will be opportunities for bitcoin to grow back and provide profits.