Should I keep calm and wait?

[iTradeBit]

Bitcoin is ready to stabilize, is it worth to calm down and wait?
How quick will the market begin to return to the massive increase in altcoins in your opinion?

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[glowing10]

Without patience their is nothing in this crypto  market as you would require lot of calmness if you have to stay in long term and make millions of dollars. In short term you can make small money but for long term you would require to be calm and keep buying.

[hermankoles]

we know that crypto has a bad climate in 2018 because prices continue to decline, and the price decline will take longer to rise from the worst. but every crypto user must be more optimistic because crypto is a technology product that is needed in the future, be patient and continue to provide positive learning about crypto to everyone because this will provide a good climate for crypto

[buwaytress]

What's the alternative to "keep calm and wait"? Panic and rush in? Doesn't really feel like there's any other good way to deal with Bitcoin, is there?

Forget asking about the opinion of others, and form your own. It's going to prove to be just as accurate, if not more so, than any opinion you'll get from this forum.

It's like anything in life really, come to think of it. If you can't afford to be patient with Bitcoin, best not dabble. If you're after quick profits, you'd best try your luck (yes, luck) at gambling on exchanges, buy and sell with the tide. If you can afford the time, spend it reading up and learning about Bitcoin before asking about price opinions. You'll thank yourself later for having learnt more about Bitcoin and using it in more useful ways - regardless of what price it's at.

[Koadharber]

Bitcoin is ready to stabilize, is it worth to calm down and wait?
How quick will the market begin to return to the massive increase in altcoins in your opinion?

Bitcoin is always been good to see it as a main coin when we do talk possible increase on altcoins too because its always been tied up on how BTC price behave in the market.
For now panic cant really be avoided but if you are here on this market for quiet sometime then you would already know on what to do. Hold your position and accumulate more since the
price was still low compared on last years.

[harizen]

Bitcoin is ready to stabilize, is it worth to calm down and wait?
How quick will the market begin to return to the massive increase in altcoins in your opinion?

After making lots of threads, I think you should understand by now how to deal on that concern.

Is it worth to calm down and wait? You are the only one who can answer this. For some, it's worth it. For some maybe it's not. We have different approach so better make on your own. Other doings might not be effective to you that's why you need to rely on your strategy. You have reasons to believed in bitcoin but it's up to you to make a decision.

For the last question, no one knows what will happened next. There should be a basis before making a speculation about that.

[jointherevolution]

Do you need your money back fast? If you take it now you will not get all you invested, it will be a loss. You must wait like all of us. The market is a cycle and has ups and downs. It is worth waiting if you see how the market grows after hitting low in the years before.

[zoeylee]

Yes, we should keep calm and wait if you want to earn big amount of money. Long investment for all the risk takers without impulsive actions and decisions.

[Ridwan Fauzi]

The price increase in 2017 may be caused by everyone who is new to cryptocurrency and then they start investing in it. And the decline in prices in 2018 is also caused by everyone who is new to cryptocurrency and they do not know the true characteristics of the cryptocurrency, so when there are sales by several investors, each new person follows the same thing to sell the assets they have. Investing in cryptocurrency is different from other places, usually everyone who will invest elsewhere they will really assess the place, but when investing in cryptocurrency they have ignored it. This is your problem, between calm and wait there's actually something you have to do.

[The Sceptical Chymist]

What's the alternative to "keep calm and wait"? Panic and rush in? Doesn't really feel like there's any other good way to deal with Bitcoin, is there?

I know, right?  How are you supposed to answer questions like this?  "No, be frantic and continue pulling your hair out" isn't exactly good advice if you're trading bitcoin or anything else.

If you're a holder of bitcoin at the moment, I'd definitely keep holding.  Selling when prices are down is how you lose money, and unless you really believe bitcoin is going lower for the long-term, there's no need to sell.  In fact, it's probably a good time to buy if you ask me--and I've said that numerous times over the past few days.  It just sucks not having enough fiat to get in right now.

[buwaytress]

What's the alternative to "keep calm and wait"? Panic and rush in? Doesn't really feel like there's any other good way to deal with Bitcoin, is there?

I know, right?  How are you supposed to answer questions like this?  "No, be frantic and continue pulling your hair out" isn't exactly good advice if you're trading bitcoin or anything else.

If you're a holder of bitcoin at the moment, I'd definitely keep holding.  Selling when prices are down is how you lose money, and unless you really believe bitcoin is going lower for the long-term, there's no need to sell.  In fact, it's probably a good time to buy if you ask me--and I've said that numerous times over the past few days.  It just sucks not having enough fiat to get in right now.

Heh, yeah. It's as if people just want validation for decisions they've already made a long time ago.

People don't want to admit it but most who "got into Bitcoin" never really had a plan. They probably bought on impulse, harbouring some unrealistic dream of x100 and lambo moons. And when the inevitable arrives (yes, this has happened before this crypto winter), they're begging for people to pat them on the back and say "it's okay, get out now, rush out, we all are".

You're right. If you truly believe Bitcoin's dead or headed for the grave, then yeah. Sell. But that belief shouldn't have led you to buying Bitcoin in the past year, which is what OP probably did.

Sucks for us exactly. I also still have to sell as I do every few weeks, and the past 2 big sells were particularly painful, took my BTC holdings back down a level I'd taken so long to build up.

[hahay]

Yes you have to stay calm and wait if you are the holder of bitcoin, but all of those decisions are on yourself and you cannot always follow the choices of others, because if you always follow the choices of others, I worry about the choices you choose from people others it is a mistake. So by having personal beliefs like what your decision or choice is, then at least you will become accustomed later and not always ask for people's opinions.

For me personally, I will always try to stay calm when a crash occurs and wait to recover, I'm also not too concerned about how long I have to wait. Honestly, I panicked when this crash happened and had wanted to sell, but because I still had confidence in the future of crypto, I tried to stay calm and I was willing to wait not to sell it when it was dumped.

[bitbunnny]

You should definetely stay calm, that is the best thing you can do. Of coir, sometimes when you invested a lot that isn't the easiest thing to do but with panic and reckless decisions you could only make situation worse.
If you have any experience then you are aware that this is not the first or last such situations when the market is falling. As well you know that it will recover eventualy, it's the question of time.
Don't listen to different panic predictions and don't bother with price too much and you will be fine.

[Indamuck]

"Good things come to those that wait"

All you have to do is be patient and don't let the negativity effect you.  People who sold recently will be crying when bitcoin hits 100k.  Crypto veterans have been through this many times before so this is nothing new.  I don't even check prices daily anymore because I know the price will rise in the long run.

[Hamphser]

OP usually newbie ask this kind of question so i think you better to do investment here like do it little by little because market or btc and alts here can grow after a year or meaning it takes time or it can happen anytime then unfortunately vice versa like it can continue to drops so crypto investment is really unpredictable so apply this in your question like you need to be calm and just wait until market go grow

Not at all because even veteran would really have the same questions on mind.I doubt that you do ask out this kind of basic thing of question.When it comes to investment
seeing this current market condition will really lead into those questions which I don't really see any problem with it. Patience is always been a good move where waiting out
the best opportunity to set-in.

[Tnt1971]

Yes . nothing can do without keeping Calm and wait.because marking down speed is always continue..no upward motion of market.so be patient.. only patient.

[Hans17]

Bitcoin is ready to stabilize, is it worth to calm down and wait?
How quick will the market begin to return to the massive increase in altcoins in your opinion?

Yes you should probably wait until it opens up a new opportunity, for my own experience is that i wait yes i wait until i see some good price, well for now case we should wait, take the risks so there would no be regret at the end of the day.

[Soniapanesar]

More calm we are, more we can see and listen. So always keep patience.

[Shinpako09]

Actually you don't need to ask if you need to be calm. It's a common sense that you need to be calm at all time. Getting panic has never been good. Being calm will prevent yourself from making a bad decision that will result into losses if not. Aside from being smart, working hard, patience and stay calm is all you need to do if you want to have a success here in crypto.

[rickadone]

Yes, we should keep calm and wait if you want to earn big amount of money. Long investment for all the risk takers without impulsive actions and decisions.

Is there any other thing left to do at this stage ? I guess not!

If there is anyone actually getting scared, panicking and selling at loss at this point, then, it pretty much shows their level of intelligence when it comes to the market. When situations like this arrives, the best is to just keep calm, have a plan, know how to execute those plans, and in between those plans, you actually want to be buying at this stage and not selling.

Investment should always be long term, if you want to trade, learn how to trade, if you cannot trade, then focus on the long term; it is just as simple as that. These days, I feel people just tend to take too much risk than they can handle, and that is always the problem.