Don't Lose Hope Just Yet

[CryptoGosu]

I agree with you that you should not lose hope in Bitcoin and other cryptocurrencies . If you do not believe in cryptocurrencies, then you will be more susceptible to stress during the collapse of the market.

[Ronaldcoin2017]

Well we need to wait with a big patience. Because I believe that in crypto patience is always a virtue. Form the start crypto market is really unstable. Looking back from the past few years in crypto i believe that there is no constant change that happen the price is always unstable and sometime it will dump to the bottom and rise again so there is no need to be afraid on its price and hope is always there we only need to believe on it.

[Bonsaiav]

No one can guess the market price with certainty and accuracy, we also never know what the market conditions will be. But in essence, optimism and patience are the most effective ways for us when faced with increasingly painful market conditions. Do not give up hope, because what has happened before certainly will happen again in the future, both decline and increase.

[nydiacaskey01]

Don't be like someone I know who is kicking himself by know for selling his Bitcoins when price went to $3,600 last Tuesday and now 48 hours later price is back at $4,183. That's a loss of 16%. If he hold on a little longer and did not read to those "Bitcoin will Die" threads his money is still at same price.

[Lomberjack]

Indeed. Some users now know how bitcoin works. It goes up and down every year because when the price gets very low, the investors will start to invest and when it recovers again, will will make a huge profit. So dont lose hope.

[:wq]

I hate reading things like this. It's just some foolish hype without any merit. There are a lot of companies on markets in the world that have never recovered from their all time peaks.

[ardhigalau]

People easily get scare in minor things. But in a business , patience is very important. If you lose the patience in trading ,you will sell your cryptocurrency with panic. Panic always make you to lose your hard-earned money. Now the price of bitcoin and Ethereum had reduced ,so use this as opportunity to inverse in cryptocurrency instead of criticising his fall of price.

I agree with you, only patient people will succeed with the world of cryptocurrency. Prices up and down are natural, we only need to take advantage of the moment, we don't need to be greedy, just a little profit is enough.

[VaLeRaaa]

I am sure that after Bakkt a bull market is waiting for us again.

Bakkt, the cryptocurrency trading exchange developed by ICE, the parent company of the New York Stock Exchange, is set to open a futures market in January that delivers physical Bitcoin to its investors, but as of now, no regulated US futures market holds cryptocurrencies for its customers.

For Goldman Sachs to hold cryptocurrencies for its clients, it needs regulatory approval to operate as a regulated and trusted crypto custodian. Several companies like Coinbase and BitGo have implemented unique methods to be approved as a custodian.

BitGo, for instance, launched its own regulated custodian, BitGo Trust.

Goldman Sachs executive Justin Schmidt said that custody is an important component which the bank lacks, and without regulatory approval, it will not be able to directly hold digital assets for the bank’s client base.

“Custody is this foundational piece that is absolutely necessary. Custody is part of an overall integrated system where different parts need to work well with each other and safely with each other and you have to be able to trust all the different parts in that chain, from buying something to transferring it to storing it in for the long-term,” added Schmidt.
https://www.ccn.com/goldman-sachs-still-cant-hold-crypto-on-behalf-of-clients-despite-growing-demand/

[resty]

I've been in so many Cryptocurrency groups with so many regrets flying around about Bitcoin. Although I've not been for one minute discouraged about the present price of Bitcoin, because I know for ever high there's always a corresponding low. Even stocks and tech shares are falling. Came across this article and it renewed my faith in Blockchain and Bitcoin as a whole. I hope it also helps an investor feeling lost out here.


https://moneyweek.com/498164/bitcoin-will-survive-but-it-could-easily-fall-to-usd3000/

An excerpt from the article.

That's true sir, Transition of Price is better for us and the new future investor because no encouragement if always Price high, and also almost existing investor availed and few new investor come up  if they have no chance to start in low price. so my advice to new wanting to invest in bitcoin just buy now while the price is very low.

[Siren]

No one can guess the market price with certainty and accuracy, we also never know what the market conditions will be. But in essence, optimism and patience are the most effective ways for us when faced with increasingly painful market conditions. Do not give up hope, because what has happened before certainly will happen again in the future, both decline and increase.

OP has a point and actuakky what he says is full or truthful thoughts,i love the way he delivered this thread with positivity and trust in crypto market,specially in bitcoin since we are all upset of whats happening in our community now.many are doubting abouthe capabilities of cryptocurrencies to overcome this burden .i hate this situation but i have no choice,since this is the only option i have right now.hopell of us will do the same thing so we ca help the market maintain its momentum

[walemil]

Rather than lose hope, it is better to go back to bitcoin price history over the years and educate yourself. The price cannot remain on the rise all the time. Don't forget that some people also see this decline as opportunities as they have always seen some good cryptocurrencies too high for them to buy large quantities.

[Ezenwanyi]

With the increasingly market downward trend in recent times, I think the best way to overcome the temptation ola!d the thought of loosing hope is been positive and having patience also perseverance.
We all know the market will recover just that we don't know when.

[Brigalabdis]

Yup i know that we somehow feel anxious about what is happening on bitcoin now, but it doesnt mean to just let it go and just go through and follow your emotions you should somehow consider what is happening now is for the good and sake of the future.

Be and have patience that's it, for what i believe.

[chrismartin]

We can do nothing but trust into bitcoin mate, we don't lose our hope that some day, it will be back to its highest pick. Yes, it will take some years to bitcoin to be recover and lets wait and hold it. Even if there are so many negative news right now has been published about bitcoin. Still many holders are there that don't believe on it.

[gulshan1]

Loosing hope is the main reason of loss in the crypto world but don't afraid from this market and become a strong investors in the crypto world because this field belongs to the winners who can stay in the market with the fear of panic situation.

[Spider A4]

In every business there are challenges and all business comes with it own risk,same is applied to the cryptocurrency market.And this is the challenging time for the cryptocurrency market so am not counting loses yet.

Definitely every risk own who going to invest in the crypto currency market. This is a business so risk involved i believe it is terns & condition before invest in the platform. Keep every hope with patience.

[Jackolantern]

It is not necessary to lose hope never! To my mind hope is everything we have! it should be the best way to earn money by investing in coins but only if doing this wisely

[davit putra]

In the worst situation, hope is important to stay calm. Be patient, strengthen your beliefs and still hold fast to gain profits in the future.

[truongdhnh]

Bitcoin decreases a lot then after a long time we all see it has a price increase again.The increase of it will be very high hope is always there for those who have to learn about it.Bitcoin still exists and we will hope the miracle about it.

[hahay]

Yes anyway, correction of any market seems to have become a common thing and there is nothing to worry about, if we are patient then the opportunity to obtain future profits is very possible. So this is a normal occurrence because the market is always volatile, just holding I think it's enough than you have to sell when dipped and you will lose and regret when you see the market recover.