DYOR before joining!!!!!!!!!!!!!!

[olabiyijummy02]

I don't know if I am the only one that is not worried about the market and feel it is doing fine?

I see different posts about people saying different things like "it is the end", "crypto is dead", "I lost it all, it is time to get out" blah blah blah and I get pissed off. Most people don't do a proper research before FOMO into crypto and confuse it for a get rich quick scheme.
I definitely know the bull run will come but I am not expecting it soon. We just saw a massive bull run about 13 months ago and I think it is too early too see another, because there needs to be room for market correction, which is presently happening. Last year the price of Btc increased by about 1000% and has only reduced by about 600% which means there is still room for more correction. So do away with the fantasy that bull run will occur every year to get you rich and face the reality.

It is only the weak hands that are complaining while the wise ones are taking advantage of the market to get good altcoins at cheap prices.

What is you thought?

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[Baofeng]

You are right because majority FOMO'ed and wasn't able to get out on time. And for those who have bought it at such a high price, majority of them get out when the price goes below the 5 digit mark and bitching around that they have lost in this market and blaming bitcoin.

It's a hard lessons to learn but you need to understand that the price doesn't go on parabolic rise although the market is fairly young, but you can see that it works on cycle. So now we're on the wrong side of it because its goes on a bearish mode for almost a year now. So there's no guarantee whatsoever that you will always see good profits.

[supine]

I don't know if I am the only one that is not worried about the market and feel it is doing fine?

I see different posts about people saying different things like "it is the end", "crypto is dead", "I lost it all, it is time to get out" blah blah blah and I get pissed off. Most people don't do a proper research before FOMO into crypto and confuse it for a get rich quick scheme.
I definitely know the bull run will come but I am not expecting it soon. We just saw a massive bull run about 13 months ago and I think it is too early too see another, because there needs to be room for market correction, which is presently happening. Last year the price of Btc increased by about 1000% and has only reduced by about 600% which means there is still room for more correction. So do away with the fantasy that bull run will occur every year to get you rich and face the reality.

It is only the weak hands that are complaining while the wise ones are taking advantage of the market to get good altcoins at cheap prices.

What is you thought?

If you trust crypto and have seen how it grew, you will stop posting senseless posts without even providing proof of your statements. Some people must just be trolling or spreading FUD just to let the price fall, which can also be beneficial since they can buy at cheaper price.

[davis196]

increased by about 1000% and has only reduced by about 600% which means there is still room for more correction.

I don't see any logic in this statement.Do you think that just because the last year's price pump was 1000%,this year's price crash has to be 1000% as well?What about the 2013-2014 price crash?
If we follow your logic,the bitcoin price has to go down to 10-20 USD again.
Just don't read posts made by people,who complain about BTC all the time.

[Indamuck]

You are right because majority FOMO'ed and wasn't able to get out on time. And for those who have bought it at such a high price, majority of them get out when the price goes below the 5 digit mark and bitching around that they have lost in this market and blaming bitcoin.

It's a hard lessons to learn but you need to understand that the price doesn't go on parabolic rise although the market is fairly young, but you can see that it works on cycle. So now we're on the wrong side of it because its goes on a bearish mode for almost a year now. So there's no guarantee whatsoever that you will always see good profits.

All these people had to do was hold but they lacked patience.  Go back and look at the past bitcoin charts, these type of crashes are normal and bitcoin always rebounds stronger.  There is also a lot of manipulation at work here and the bitcoincash hash wars made the crash even worse.

[b3llsf1l3s]

yes, most people at that time in my opinion just followed the hype without knowing there was a risk of crypto here, should learn more deeply, not only in trading but studying the positive and negative sides of crypto as a whole

[Sarastiche]

Some investors in the cryptocurrency space are all out for regular profit, crypto is not a ponzi scheme, it is a platform well structure to experience the up and down market trend, To build confidence in the space ensure you are equiped with current knowledge relativeto the happening  in the space per time.

[Herucooles]

I don't know if I am the only one that is not worried about the market and feel it is doing fine?

I see different posts about people saying different things like "it is the end", "crypto is dead", "I lost it all, it is time to get out" blah blah blah and I get pissed off.

Real investors survive when looking at the market today ... They will not panic sell. Mental strength is prepared when entering the crypto market. Only investors who enter at the end of 2017 think they want to get rich quick and always say that. This is the risk that occurs in digital money.

[guoyu78]

I don't know if I am the only one that is not worried about the market and feel it is doing fine?

I see different posts about people saying different things like "it is the end", "crypto is dead", "I lost it all, it is time to get out" blah blah blah and I get pissed off. Most people don't do a proper research before FOMO into crypto and confuse it for a get rich quick scheme.
I definitely know the bull run will come but I am not expecting it soon. We just saw a massive bull run about 13 months ago and I think it is too early too see another, because there needs to be room for market correction, which is presently happening. Last year the price of Btc increased by about 1000% and has only reduced by about 600% which means there is still room for more correction. So do away with the fantasy that bull run will occur every year to get you rich and face the reality.

It is only the weak hands that are complaining while the wise ones are taking advantage of the market to get good altcoins at cheap prices.

What is you thought?

Everyone is doing their own research anyway, the problem is not doing research but they are both very anxious to get in and also wants to hear from others to confirm their beliefs. If I believe that bitcoin is going up and do my own research on why bitcoin will go up I will see other peoples reactions and taughts on the subject which is not a "research" to begin with since I am still reading from other people and if I want to I can just read about how bitcoin will be 100 thousand dollars in 2019.

I can also try to look for news or opinion pieces about bitcoin going to 1 thousand dollars soon and I can find that too. So do your own research doesn't work in this market since you can find both directions and both sides of the coin. It is more like "have your own opinion" instead of do your own research at this point.

[gabmen]

You are right because majority FOMO'ed and wasn't able to get out on time. And for those who have bought it at such a high price, majority of them get out when the price goes below the 5 digit mark and bitching around that they have lost in this market and blaming bitcoin.

It's a hard lessons to learn but you need to understand that the price doesn't go on parabolic rise although the market is fairly young, but you can see that it works on cycle. So now we're on the wrong side of it because its goes on a bearish mode for almost a year now. So there's no guarantee whatsoever that you will always see good profits.

All these people had to do was hold but they lacked patience.  Go back and look at the past bitcoin charts, these type of crashes are normal and bitcoin always rebounds stronger.  There is also a lot of manipulation at work here and the bitcoincash hash wars made the crash even worse.

Lacked patience or can't afford to go long since they expected quick easy profits. If you made your research, you'll know that it's very dangerous to have that kind of mindset when you're in this industry. It could've saved a lot of people's money if they took time to get themselves familiar with what they're doing.

[aoluain]

Its a tricky o e, if you are a newbie its difficult to know what is fake and what is real.
On this site I wouldnt be listening to anyone who joined after june or july 2017,
instead i would be following those who joined in the early days. That would give me
a fairly good sense of the current state of crypto.

[Oilacris]

Lacked patience or can't afford to go long since they expected quick easy profits. If you made your research, you'll know that it's very dangerous to have that kind of mindset when you're in this industry. It could've saved a lot of people's money if they took time to get themselves familiar with what they're doing.

This is what most new people do think about crypto on where making "fast profits" where they do tend out to rush themselves up to make money without even
realizing on the things that should really be consider first before putting up money.

Its a tricky o e, if you are a newbie its difficult to know what is fake and what is real.
On this site I wouldnt be listening to anyone who joined after june or july 2017,
instead i would be following those who joined in the early days. That would give me
a fairly good sense of the current state of crypto.

Good thing to be followed but not all people do early joined do have that sufficient knowledge or advices that would be given out to people.

[Renaldi blackspadeteam]

they spread the FUD realistically, I think you are the type of person who is not easy to be influenced by what people say, and that's good,
they don't do research on average before FOMO becomes Crypto, with a get rich quick scheme.
they must know, there is no investment that makes people get rich instantly. everything needs a process.

[CoinChili]

Majority of those who are in panic state were those who are new in cryptocurrency. But for those who joined crypto before, knowing that this is just a storm passing by, have a ful confidence that it will still go up.
Anyway, advicing newcomers to dyor is also beneficial for them to understand well why this market is volatile.

[Sanitough]

You are right, DYOR is the most important and things that every investors has to do.
If they will understand the market, they can easily make a decision that they will not regret, crypto is not a kind of traditional investment, the risk is high here and no government yet that will protect investors against the price manipulators, we will see a pump and dump which is not a healthy one.

[talkbitcoin]

most of the market (meaning most of the altcoins) are already dead and they won't revive ever again. so what you have been reading is partly true you just have to see the context not read the out of context!

as for bitcoin it obviously is not the end. anybody who says otherwise is either an idiot or is trying to buy bitcoin at a cheaper price and is getting desperate.

has only reduced by about 600%

you do realize that you can not mathematically go lower than 100% right? a 100% drop means going down to nothing or zero!

[Indamuck]

Everyone says DYOR but lets be honest, most people will do better by listening to advice from others.  If you find someone knowledgeable and is actually successful in crypto your better off taking to heart what they say.  At this point it has kind of become a meme, everyone says DYOR just so they don't receive any blame if things happen to go south.

[shinharu10282016]

Everyone says DYOR but lets be honest, most people will do better by listening to advice from others.  If you find someone knowledgeable and is actually successful in crypto your better off taking to heart what they say.  At this point it has kind of become a meme, everyone says DYOR just so they don't receive any blame if things happen to go south.

Some listening can be very bad. Why not do both? Ask from the experts in the field and it will do better than DYOR alone and hearing someone's advice. I have been always doing both since I can't afford to listen to some person saying this and that is dead but it was just lying in the end. We all need to know what is there to 'do your own research' and to listen.

[STT]

Research to me involves listening mostly to others and the part I play is in deciding how much I listen to one source over another.   Obviously the biggest most conventional source says stay away, crypto is completely unknown and too risky.

Is does depend on your own risk profile whether to engage and by how much of your % worth or spare capital /earnings

because there needs to be room for market correction, which is presently happening

Correction is occurring and it will never just be negative pricing.  Its possible to go within crypto and be part of some of the rises during this time even while market decides various factors like protocol itself but also pricing vs FIAT or each other.   Tricky bit is there is no flare fired into the sky when correction is over and we are surely in a bull market.  Just take some of your profits is all I argue for any asset type

[CryptopreneurBrainboss]

Everyone says DYOR but lets be honest, most people will do better by listening to advice from others. 

I see some truth in your statement but when you come to think of it, the reason the saying "Do your own research" is highly encourage is because this days you won't know who to trust. You speak of them been better off listening to advice from others, the same "others" that get paid to promote a particular token or those hired to hype some wanna be shitcoins calling it the main or next bitcoin?. I still feel you'll be far better doing your own research. When you DYOR and pick the right coin/tokens to invest in and profit, you succeed and if you pick the wrong ones and loss, you learn and move on. Although you are far better sticking to investing in bitcoin to avoid falling victim to those scam projects out there.