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Author Topic: This why you shouldn't be worried  (Read 3043 times)
khaled0111
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November 22, 2018, 11:37:49 PM
 #61

I am not worried at all not only because I have a strong belief that Bitcoin price will rise again but also because I don't have any right now Smiley
Bitcoin price like all other cryptos, is known by its high volatily, which is one of its major disadvantages.

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November 22, 2018, 11:43:34 PM
 #62

This is why you shouldn't be worried and should understand how bitcoin works



ps. sorry I don't know how to load an image  Grin
FUD is what bothers most of us. An increase will make us so excited while a crash or dip will make many of us panic! Some are seated back and relaxed while many are walking back and fort with their hands shaking because of media intervention which usually makes the whole scenario worst! So if we allow ourselves to be consumed by these negativities, things will not get any better. We should compose ourselves and have some faith. Because all bad things always come to an end.

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November 22, 2018, 11:49:00 PM
 #63

Good and encouraging statistics here but someone said it pays more to know when you ought to sellout and buy in. This implies that when you get lucky some persons are getting the burn for a wrong entry at the particular time. Well, my worry is how the majority will be made happy again from this major DIP!
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November 22, 2018, 11:49:47 PM
 #64

It is necessary know to all newcomers. Many people panic when they look at the price of bitcoin now. And only experienced consider this drop as an opportunity to buy and wait for growth. If you're new, just look at this picture and calm down.

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November 22, 2018, 11:55:24 PM
 #65

For almost a decade we see how the bitcoin's value grow exponentially from a fraction of cent to almost 20k USD that's how the bitcoin survive for how many years despite of struggles, FUDs, speculations, bashers, forking,death threats but still bitcoin stand strong and unstoppable. Always remember that if you are looking for a short term goal of bitcoin you will always in a panic mode and that's what makes you worried and thinking this will be the end of bitcoin everyday.
Gabrielexas (OP)
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November 23, 2018, 12:06:54 AM
 #66

For almost a decade we see how the bitcoin's value grow exponentially from a fraction of cent to almost 20k USD that's how the bitcoin survive for how many years despite of struggles, FUDs, speculations, bashers, forking,death threats but still bitcoin stand strong and unstoppable. Always remember that if you are looking for a short term goal of bitcoin you will always in a panic mode and that's what makes you worried and thinking this will be the end of bitcoin everyday.

Exactly.

Someone asked me "Will you now trade your bitcoin for fiat currency?" and I replied " Why would I trade the past for the future?"
Janation
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November 23, 2018, 12:32:50 AM
 #67

I am not worried at all not only because I have a strong belief that Bitcoin price will rise again but also because I don't have any right now Smiley
Bitcoin price like all other cryptos, is known by its high volatily, which is one of its major disadvantages.

I think there are a lot of people that is being confident but still, you can't remove people that are being nervous these days.

Being an investor of cryptocurrencies means you will be dealing with a lot of movements or price changes since we all know that they are volatile. And not all of these investors are that confident the price will continue to rise these year so I think some sold their Bitcoins already and some waited some time and focus on other investments since not all of the cryptos dumped, some are just starting to increase.
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November 23, 2018, 12:46:18 AM
 #68

Thanks for this I was wondering why my image would not show. Great reminder to those who are not aware of the history of bitcoin to get used that this is not new and probably not the end but the beginning of a new cycle which by judging by the history of bitcoin itself, will bring a new all time high in the future.
a strong warning to traders, that all trades will definitely experience ups and downs, this is a very common thing in buying and selling, bitcoin has decreased but the word should be aware that currency trading is very fast changing from high to low, this is normal, which sometimes makes splashy usually at beginner traders who always want to keep making a profit, if a little loss has been shouted out, if I'm afraid of losing don't trade, trading is only decided for those who have strong spirits and soul fighters.
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November 23, 2018, 01:07:51 AM
 #69

Studying how the bitcoin moves from the chart is good idea, but not all things can happen like the prediction on the picture. So, basically we all don't know about the rise after this decline period. But for me, I'll keep holding bitcoin as long as there is a hope for the rise.

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coldplay3r30
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November 23, 2018, 01:35:31 AM
 #70

Our goal is profit. In any case, to achieve the goal, patience and calmness are necessary. Based on your table, you can observe the pattern in the price change and conclude that in the future Bitcoin will become even more expensive.
trust in trading is very necessary, the table really makes us able to analyze the potential of bitcoin in the future, but not only that, changes in time are also very influential in the crypto world, we can see bitcoin first appeared, the price is very cheap because technology cannot followed at that time, but after payment technology was able to follow and develop further, the price of bitcoin soared to high, because the payment system could use bitcoin, the same thing happened in the future. The trading system is very advanced and is in dire need of virtual currency, this can be answered by Bitcoin so we can be sure the price will definitely rise again.
aizen10
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November 23, 2018, 01:49:36 AM
 #71

This is why you shouldn't be worried and should understand how bitcoin works



That's what you wanted to post
It will definitely rise again. all that matters is what one's strategy is. One should know when to exit or how long to hold. Either way, we are in it for profits, Isn't it?

ps. sorry I don't know how to load an image  Grin
It's all okay, Newbies are restricted from posting images but once you rank up to Jr Member, You should be able to pst images.

Exactly. Meaning even how long it will take, the recory will comes and ATH will exist. So dont just give up and lost hope of what we are seeing just by now, look forward because you already knew how bitcoin works.
brotherwood12
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November 23, 2018, 11:29:33 AM
 #72

yeah , when we look back , bitcoin always rise up again after high dump , and we all hope it will happens this time , and the Bch hardfork will solve
Bitdressa
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November 23, 2018, 11:37:07 AM
 #73

This is why you shouldn't be worried and should understand how bitcoin works



That's what you wanted to post
It will definitely rise again. all that matters is what one's strategy is. One should know when to exit or how long to hold. Either way, we are in it for profits, Isn't it?

ps. sorry I don't know how to load an image  Grin
It's all okay, Newbies are restricted from posting images but once you rank up to Jr Member, You should be able to pst images.
wow this is good news for all of us for this bitcoin user. also to add revenue for the end of the year to be able to enjoy more vacations and also with a rather large fee for my additions.
Red_Evil
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November 23, 2018, 12:26:12 PM
 #74

This is why you shouldn't be worried and should understand how bitcoin works



That's what you wanted to post
It will definitely rise again. all that matters is what one's strategy is. One should know when to exit or how long to hold. Either way, we are in it for profits, Isn't it?

ps. sorry I don't know how to load an image  Grin
It's all okay, Newbies are restricted from posting images but once you rank up to Jr Member, You should be able to pst images.
wow this is good news for all of us for this bitcoin user. also to add revenue for the end of the year to be able to enjoy more vacations and also with a rather large fee for my additions.
I still feel a little worried because until now the market conditions continue to deteriorate, and for the end of the year no one knows yet because cryptocurrency has properties that are rapidly changing and difficult to predict.
Gabrielexas (OP)
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November 23, 2018, 01:48:21 PM
 #75

This is why you shouldn't be worried and should understand how bitcoin works



That's what you wanted to post
It will definitely rise again. all that matters is what one's strategy is. One should know when to exit or how long to hold. Either way, we are in it for profits, Isn't it?

ps. sorry I don't know how to load an image  Grin
It's all okay, Newbies are restricted from posting images but once you rank up to Jr Member, You should be able to pst images.
wow this is good news for all of us for this bitcoin user. also to add revenue for the end of the year to be able to enjoy more vacations and also with a rather large fee for my additions.
I still feel a little worried because until now the market conditions continue to deteriorate, and for the end of the year no one knows yet because cryptocurrency has properties that are rapidly changing and difficult to predict.

Probably forget about the end of the year to be quite honest and yes expect drops into the $3K. According to the photo here represented if we average the data shown in about 2 years bitcoin should be hitting around $50K (ave growth 153%). Don't wait for the end of this year that to me is quite far fetched.
CryptoBrainy
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November 23, 2018, 02:02:04 PM
 #76

For me it's simple. I bought BTC because I believe it has huge potential as a store of value. Nothing changed to Bitcoin during any crash, BTC keeps working as solid as always. I am not sure BTC is overvalued or undervalued now, I just know that it takes time to grow. I try to not look at the price too often, but that's hard with multiple friends panicking everytime BTC drops. I can't blame them though, they are 80% in the red. But I believe that even for the people who bought at 16k+, there is no need to worry as long as u hold hold hold.
paparexon0414
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November 23, 2018, 02:43:59 PM
 #77

Actually, the history of bitcoin really helps me a lot to be a strong holder. Thinking about the big crashes of bitcoin before and going up again might be possible in the current situations. Everytime i feel panicked and down everytime i see the red marking all over the market, i always looked back and think again the experienced bitcoin had been through, so a little light of hope lit in my mind and just continue keeping my coins and still waiting for the possible rise of it in the future.
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November 23, 2018, 03:24:33 PM
 #78

This is why you shouldn't be worried and should understand how bitcoin works



ps. sorry I don't know how to load an image  Grin

Thanks for posting this pic, I have saved it in my laptop. This pic says it all, market is about rotation, it goes up it goes down and same is the case with bitcoin, do not consider it the death of bitcoin, this is the right message to all panic sellers, hold and wait for recovery of the crypto market, just hold, it may take some time but recovery will be there.

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November 23, 2018, 06:08:42 PM
 #79

There are so many people who are not used to such dramatic falls and making people informed about the history of bitcoin is a good idea.  For people who have been following bitcoin prices for a long time is not new but this table summarizes cycles of price of bitcoin and it brings a new perspecitive to Newbies. Thus, we should just keep strong. Also these cyles are not only happening in crypto market.
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November 23, 2018, 06:11:52 PM
 #80

So, regardless of the current price, bitcoin always closes with a new ATH, I don't know why people despair so much if we clearly see that every year, there is always a bear market accompanied by a bull run, true that none has been as long as this, but that only indicates what is yet to come.
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