Don't Lose Hope Just Yet

[XLadyX]

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.

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[Anti-Cen]

The Tulip crash took time too but I got in low on BTC and got out at $18k and will have a very mere Christmas
because I am not greedy and knew how to read the writing on the wall after "Virtually free fees" became $55 per transaction
ten months ago.

Hey I bet you wised you got out when I did hey!

Mining rigs in China are being thrown in the skips because the rewards don't cover the electricity bills so if you are feeling cold
this xmas you can always pick up these rigs because I am told that they make excellent heaters if you turn on the hash-code
CPU war shitware that is core apparently to the smooth running of the Bitcoin network 

[fistteam]

The important thing we should do now is hope, waiting for the future bitcoin will come back strong. Do not sell all crypto coins at the moment as you may lose money and make the market worse.

[Oniko]

Some cold Ethereum wallets that have not touched for 3 years have begun active actions.

More than 300 thousand Ethereum began to translate to unknown addresses. I think the market decline will continue.

[cizatext]

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.

Excellent article right there with a clear analysis on how bitcoin price moved in the past from low to high and from high to low, it a price correction season and we must all be ready to wait and go through it all at the end I have that strong believe that the price is going to recover and rise again. 2018 has been a hell of a challenging year for bitcoin and the entire cryptocurrency market but I have strong hope in the future.

[klarki]

Some cold Ethereum wallets that have not touched for 3 years have begun active actions.

More than 300 thousand Ethereum began to translate to unknown addresses. I think the market decline will continue.

Can you provide the proof?

[usekevin]

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.

[mahibul49]

those who are selling now just remember the past history of bitcoin.there will be negative and positive news for every things but bitcoin is definately different and its related to blockchain technology thats why bitcoin will stay.

[Bennix]

Over time,bitcoin has fall in price only to come stronger than people think.The truth truth still remains,history will keep on repeating itself.moreover,anything that goes up will come down,meaning in every business price goes up and come down as well.I think the same thing is applied to cryptocurrency,but the problem is some people joined cryptocurrency because of the success it recorded in December, 2017.However,some don't know that many investors that make huge amount of money from cryptocurrency made it because they were patient ,they understand the dynamics in business ,they are focused,determined and resolute.They don't give up ,and they stand for what they believed in.on the other hand,they went through turbulent situation we are into now,but that didn't make them to loose hope.
Do not loose hope especially now Bakkt and ETF are on the pipe lines of which if  they get approved bitcoin may skyrocket unexpectedly.

[Tipsters]

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.

Yes this is up for a debate and yes a good correlation. What's happening now is not new whether some people will say time is different as many have known crypto that it can't go up or return to where it hit its ATH. I'd say that the difference of today is that more and more stability is happening because of gradual adoption. Like what happen before as speculative, the next one would be some sort of organic or the turn of fundamental reasons.

[o_e_l_e_o]

What about all the people in April 2013 who bought at the all time high of $260 and then lost 83% of their USD value in only 3 days when it crashed to $45? Or if you bought at the all time high of $1163 in November 2013 and then lost 87% of their USD value over the coming months as it fell to only $150 in 2015? Bet you wish you were one of those people that bought and held now.

Warren Buffet has said "The stock market is a device for transferring money from the impatient to the patient". Bitcoin is no different. If you bought at the all time high in April 2013, and were patient, you would still currently be up 1500%. If you were impatient and sold, then well, you would have nothing. This bear market is no different. If you can't handle the price fluctuations, then stop paying attention to them. Be patient and come back in 5 years.

[jake zyrus]

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.

Right, patience is very important it is the key of success. Never lose patient when you joining in investment cause when it lose you never gain profit and panic it may cause to lose your assets it's better to study the market works be calm when you see the price value goes down cause this is normal in one investment.
 

[tunapa]

This is an evidence that this dip is not a new occurrence  these times will pass and we will all be alright. The one who loses is the one who sells at loss.  Let everyone believe and hold his faith.  Cryotocurrency is here to stay. 

[rodskee]

Yes exactly what are you saying don't lose hope
But can't avoid thise people making panic during the price drops
They can't control emotion especially if there are huge amount of bitcoin or altcoins they have bought in hugh value

[AimHigh]

The crash or the dumping of the value of bitcoin was normal it is same what happen last previous  years so yes you ate right don't  lose hope be patient and always think positive for the positive result we know that this dumping is for this year only and we hope that for the coming year is the year of rising.

[yazher]

Bitcoin Price is going so deep down is not new for the veterans investors, however the newcomers will likely more panic than the old one and start to spread some malicious rumors about the bitcoin after seeing the price has go down some of them are telling people about the negative things about bitcoins and some of it will never happen just some mere speculation. my advise is if we cant help on anything it is better to shut our mouth for good.

[Get-Paid.com]

The Aussie dollar was in parity and was worth even more than the USD in the past 10 years.
But since then it never hit that position again.

Bitcoin can go through a similar route. No one knows.

[mekie]

I agree, the stock market crashes and bounces back with great regularity and when it drops everyone thinks it's the end of the world and like now with bitcoin they panic and sell. I think now and over the next few weeks may well be a good time to buy-however I could be very wrong buy I hope not.

[coolcoinz]

I find it funny that most people claim that it will come back stronger, yet if we asked each of you if you sold into the crash, most would answer with a yes.
It's not a bad thing to sell if you're getting close to your entry point. By no means should you allow yourself to be on the loss, but never sell for less! So many people buy during bear market and panic sell when it keeps going down. This is a very bad idea and I can assure you that you will regret it.

The article isn't saying anything new. The market always works in waves, you just can't predict when the waves will start and how high they will take you. Another bull market could begin next month, or in 3 years. It's possible that it will reach another all time high, or that it will only take us to 10k USD.

[messito]

Now you really want to give up, but believe me, if you don’t sell your coins now, you can earn very well in the future