Is Bitcoin and Economy rare?

[Mhd-Bobbi]

The prices of bitcoin and Altcoin are all declining, I am stressed thinking about the current price situation that is getting destroyed.

And I also think that the necessities of economic life are getting more expensive, what is needed is also the price of higher needs in the store.

What do you think about the current situation, will this be rare for the long term, the longer I feel stressed in these two needs.

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[jossiel]

The prices of bitcoin and Altcoin are all declining, I am stressed thinking about the current price situation that is getting destroyed.

You are overthinking and just pressuring yourself, you're the one that gives yourself stress. The market is here to stay and it won't be 'destroyed' easily, this is ridiculous just you see it fall and crash you're having that opinion of destruction.

And I also think that the necessities of economic life are getting more expensive, what is needed is also the price of higher needs in the store.

What do you think about the current situation, will this be rare for the long term, the longer I feel stressed in these two needs.

That's normal, inflation isn't rare and we are just getting used to it. All things and expenses are getting expensive and I think you are applying this logic to bitcoin that the longer you'll get into it, prices are likely to increase if that is so that's I agree with that logic.

[1Referee]

The hype is over. I think people don't understand that yet. Everything that happened last year wasn't normal, especially not what happened with all the ICO's. I was shocked every $1000 we increased last year, because Bitcoin itself didn't reflect being worth that much, neither did altcoins.

Even if Bitcoin's own selling pressure is no longer an issue, the selling pressure coming from the altcoin market still is. Altcoins lack liquidity, so what happens is that altcoins get converted to BTC and then dumped for USD. It lowers Bitcoin's price even further, and thus altcoin prices as well since everything here is tied to BTC.

Considering that certain altcoins are still pretty expensive, we might be due for more dumps, but that's my personal view.

[Yaunfitda]

The prices of bitcoin and Altcoin are all declining, I am stressed thinking about the current price situation that is getting destroyed.

And I also think that the necessities of economic life are getting more expensive, what is needed is also the price of higher needs in the store.

What do you think about the current situation, will this be rare for the long term, the longer I feel stressed in these two needs.

You just make things complicated here. I'm suspecting that you're getting stress because

[1] - You invested a lot of your funds in crypto and since we are in a bear market, no profits are coming in

[2] - The cost of living in your country is going up every year and you are having a hard time coping with it since your investment is going down.

So I suggest to not overthink about it but continue to save for the future. Best of luck!!!

[figmentofmyass]

The hype is over. I think people don't understand that yet. Everything that happened last year wasn't normal, especially not what happened with all the ICO's. I was shocked every $1000 we increased last year, because Bitcoin itself didn't reflect being worth that much, neither did altcoins.

i don't think there's a "fair" valuation for bitcoin. what would it be based on? i figure it's worth whatever buyers and sellers say it is. i'm never surprised at the highs in this market because it's a low liquidity and highly speculative market, with strong fundamentals to boot. and because i've seen the gains from past cycles.

[Herucooles]

Maybe not you who experience this, many people out there are stressed and depressed looking at the market.
You don't have to invest all your money because the risk is huge in digital money. There must be reserves such as gold investment or savings.
Now is the time to go with family for recreation in the mountains. Refresh your mind and forget about your problem for a moment.

[zeingrind777]

If there are still many people who believe in bitcoin and crypto, the market is still engaged in crypto buying and selling, then it will not end. Although prices have decreased in the market, the buying and selling process is still ongoing. If the price of basic necessities is increasingly expensive. You have to be more hard and smarter at work. Don't depend on your prices on the crypto market.

[Indrawan77]

Yeah I understand your situation, nowadays people are making money from money, so we need to do extra hard work to make our lives become better, the declining price is not permanent there are still big hopes for crypto in the future and even in this declining market you still can make money from trading
The inflation rate is very high, so you need to find a good passive income, it can either from fiat and crypto investment, but I think crypto investment will give you better ROI

[BitHodler]

The inflation rate is very high, so you need to find a good passive income, it can either from fiat and crypto investment, but I think crypto investment will give you better ROI

I honestly haven't ever seen a legit crypto related investment allowing the average person here to generate passive income. All currently available options are either outright scams, or simply not viable.

Investments in crypto should always be seen as an active investment, even when it concerns trading bots. I see people hype up trading bots allowing them to earn like 1-5% per day guaranteed, but that's utter nonsense.

People should focus on other (non crypto) income streams, because the fear that's going through the market during corrections is a clear indication that people have put their everything into crypto.

Those who are calm and not bothered by the current bear market don't depend on crypto to do well. It makes you sleep a whole lot better knowing that whatever happens, you're still doing great and your wealth isn't in danger.

[Ranly123]

The prices of bitcoin and Altcoin are all declining, I am stressed thinking about the current price situation that is getting destroyed.

And I also think that the necessities of economic life are getting more expensive, what is needed is also the price of higher needs in the store.

What do you think about the current situation, will this be rare for the long term, the longer I feel stressed in these two needs.

If you started investing Bitcoin just the start of this year then you might as well be feeling some decline. But for some people out here who is almost a decade in doing such, still Bitcoin has a high prcie compared to previous years. So I don't think it has much effect on the economy due to it being a digital currency.

[wuvdoll]

The prices of bitcoin and Altcoin are all declining, I am stressed thinking about the current price situation that is getting destroyed.

And I also think that the necessities of economic life are getting more expensive, what is needed is also the price of higher needs in the store.

What do you think about the current situation, will this be rare for the long term, the longer I feel stressed in these two needs.

The trouble with economy right now can be understood much better if you read the story called "I want the earth plus 5% more" which goes into detail to tell how banks loan you 100 dollars and want 105 back whereas there is only 100 in the market which means if you can pay 105 back it means someone else can't and they will confiscate his/her items and sell to someone.

With that in mind those people keep failing paying for a long period of time and the rich will get richer and be able to pay whereas poor will get poorer and will have hard time paying while making things more expensive so they can try to at least cover some part of it or at least move to the rich side.

Hence, the world owes a lot of debt that can't be mathematically paid, there are more debts than there are money out there, if there is 100 dollars in the whole world and the combined debt of the world is 400 dollars, there is no money to be capable of paying all those debts. Its just a wrong system that will keep the prices higher and higher every single day in order to be able to pay.

[Kakmakr]

A lot of people are sharing your concerns and there are nothing wrong with that, because they want to see a quick return on their investment. Unfortunately Bitcoin is not a "Get rich quick" scheme, where you invest X amount of money today and then receive a guaranteed massive profits in the same month or year. 

Most of the people who made the biggest profits in Bitcoin, waited several years for it to blossom and to reach the ATH price in 2017. You should just calm down and stop watching the price on a daily basis. <This turns into a obsession and it leads to panic selling> 

[Mhd-Bobbi]

You are overthinking and just pressuring yourself, you're the one that gives yourself stress. The market is here to stay and it won't be 'destroyed' easily, this is ridiculous just you see it fall and crash you're having that opinion of destruction.

I imagine it because I have bought some of my favorite coins. I thought December was the end of the year that was fun for me, but the reality was not in line with my expectations.

That's normal, inflation isn't rare and we are just getting used to it. All things and expenses are getting expensive and I think you are applying this logic to bitcoin that the longer you'll get into it, prices are likely to increase if that is so that's I agree with that logic.

I thought this was not normal, because the market price declined, I did not find an idea to overcome this, and finally I had to work there, to fulfill all my needs, I also hoped that early next year there would be better improvements. . I also hope to pay off my debts that I have made for investment.

[Mhd-Bobbi]

Maybe not you who experience this, many people out there are stressed and depressed looking at the market.
You don't have to invest all your money because the risk is huge in digital money. There must be reserves such as gold investment or savings.
Now is the time to go with family for recreation in the mountains. Refresh your mind and forget about your problem for a moment.

  Not .....
I think this is not the time for recreation, I will be more depressed, because I have a lot of debt, I have made a lot of investments, maybe I will be more stressed because I think about my debt,
I have invested in some of my favorite coins, and I have saved some for my reserves, but I feel a little disappointed, because I have invested some of my money to buy my favorite coins, and now my money is a lot to buy coins, but market prices are not in accordance with my expectations, did you experience it?

[Fuhre]

Some people have been hit hard by the current market conditions, too confident at the end of the year with high hopes of making big profits in December, a saturated market for quite a long time and no clarity in terms of regulations that make some people doubt about it, many people withdraw funds to wait until they are finally free, but the extraordinary increase will definitely occur after the price reaches a better agreement than all investors to buy it at a cheaper price, don't be in a hurry and don't be depressed whatever happens it's too late to wait better than big losses and get nothing after an unexpected increase.

[dothebeats]

It is bound to happen; coins are overbought and there's literally no reason to push past $19000. Some time along the way, the price needs to correct, and that's what's happening now. It's stressful, yes, but only to those who bought in late to the party and whose incomes come from crypto gains. I'd say risk more, get your own real-world business and try to stay afloat. If not, learn a skill, get a job and be better at your craft.

The world doesn't end on crypto losing its price.

[cizatext]

The decrease in the general crypto market is as a result of it demand in the market, since cryptocurrency is operated base on the economic law of demands and supply. But from your analysis I sense frustration and it sims you are among those that bought bitcoin and other altcoins during the last year bull run season so I will advice you hold on and wait for a brighter day ahead.

[MFahad]

Maybe not you who experience this, many people out there are stressed and depressed looking at the market.
You don't have to invest all your money because the risk is huge in digital money. There must be reserves such as gold investment or savings.
Now is the time to go with family for recreation in the mountains. Refresh your mind and forget about your problem for a moment.

Lack of experience is making OP think in a negative manner. Things are not so good for now and there is no hope for bitcoin to grow anytime fast but then there is no point in looking at our portfolio again and again.
Sometimes a rest from all the work serves as a mind refreshing and who know things might be better in a month or so.

[HeRetiK]

I'm fairly confident that Bitcoin will recover. I wouldn't bet on this happening within the next 2-3 years though. So I'm justing hanging out at Bitcointalk waiting for it all to blow over. I'd advise you to do the same, unless you're in dire need.

[Renaldi blackspadeteam]

Yes, I also think like that, and my head is always dizzy when I think about it for the long term,

see the price of bitcoin and other crypto drops sharply, makes anxiety, depression, and fear,

I think the alternative is real work to save life's needs,
there is news that makes me a little calm is ETF, because the price of other Bitcoin and Crypto can go up,

keep working, don't give up and be grateful for what is now.
hope for the better

[houjinglong]

Such a market is not uncommon. This is usually rare for new members. You can observe the history of Bitcoin and you will find that Bitcoin has depreciated many times. This is normal in my opinion, a good attitude is more in line with market investment.

[Kemarit]

The prices of bitcoin and Altcoin are all declining, I am stressed thinking about the current price situation that is getting destroyed.

Everyone is getting REKT at this point. And its pretty obvious that majority has exited specially those newbies who FOMO'ed. But the question is, are those investors getting destroyed according to you, won't enter the market again when the bear season ended?

And I also think that the necessities of economic life are getting more expensive, what is needed is also the price of higher needs in the store.

I can only speak to where I'm living. Yes, prices tend to go up and getting expensive so its really up to you to make adjustments, its hard but that's the facts of life you have to accept.

What do you think about the current situation, will this be rare for the long term, the longer I feel stressed in these two needs.

I'm sure that this bearish trend will have to end eventually, just like the price won't go on parabolic rise. It's not a matter of time, I'm sure that everyone is getting stressed out, but just look at the bright side and let this be a lesson for everyone. If the bull run started and make a lot of money then save enough for the rainy days. It's a cycle so you better prepared for the best and the worst situation, just saying.

[eminemcookie]

The prices of bitcoin and Altcoin are all declining, I am stressed thinking about the current price situation that is getting destroyed.

And I also think that the necessities of economic life are getting more expensive, what is needed is also the price of higher needs in the store.

What do you think about the current situation, will this be rare for the long term, the longer I feel stressed in these two needs.

You need to sell some of your investment if stress is really bothering you. No amount of money is more important than sound financial health. Bitcoin isn't likely to recover to any great extent in the near future, many think it will take at least another 1 year to see the previous ATH return. I suspect it won't be until mid-late 2020.

[nicster551]

The prices of bitcoin and Altcoin are all declining, I am stressed thinking about the current price situation that is getting destroyed.

And I also think that the necessities of economic life are getting more expensive, what is needed is also the price of higher needs in the store.

What do you think about the current situation, will this be rare for the long term, the longer I feel stressed in these two needs.

I think the rareness of Bitcoin was about a year ago and for now it is neural for investors, but I think the huge investors are looking to it when it gets cheap enough for them to accumulate.

[Nellayar]

The prices of bitcoin and Altcoin are all declining, I am stressed thinking about the current price situation that is getting destroyed.

And I also think that the necessities of economic life are getting more expensive, what is needed is also the price of higher needs in the store.

What do you think about the current situation, will this be rare for the long term, the longer I feel stressed in these two needs.

They will never stand again! The bear market is not yet done and anytime it will continue to fall. I am ready to see bitcoin as 2K dollars in the market. Well, its unfamiliar with other investors who are new in trading. All of us are lose too much of money in this bear market. Because the prices are falling, we are scare to invest because it may goes in a long journey of bearish season.

[b3llsf1l3s]

The prices of bitcoin and Altcoin are all declining, I am stressed thinking about the current price situation that is getting destroyed.

And I also think that the necessities of economic life are getting more expensive, what is needed is also the price of higher needs in the store.

What do you think about the current situation, will this be rare for the long term, the longer I feel stressed in these two needs.

people also feel the increasingly high economic needs, making them think twice about entry into cryptocurrency, also supported by the continued decline in the price of bitcoin. For the long term there may still be opportunities but very little and many investors have withdrawn their money

[johanesrobin]

I feel the same way, the world is spinning fast and this is a difficult situation. the thing that is offering is that I am not alone and everyone experiences this.
there is no other way but to be patient and the market will change rapidly.

[axecommunity]

The prices of bitcoin and Altcoin are all declining, I am stressed thinking about the current price situation that is getting destroyed.

And I also think that the necessities of economic life are getting more expensive, what is needed is also the price of higher needs in the store.

What do you think about the current situation, will this be rare for the long term, the longer I feel stressed in these two needs.

I think the rareness of Bitcoin was about a year ago and for now it is neural for investors, but I think the huge investors are looking to it when it gets cheap enough for them to accumulate.

It is still rare in my country because it is not allowed by the government for investment and used due to so many issues. In addition, it is thought of as a possible threat to the economy of my country.

[Morpexmorpex]

The prices of bitcoin and Altcoin are all declining, I am stressed thinking about the current price situation that is getting destroyed.

And I also think that the necessities of economic life are getting more expensive, what is needed is also the price of higher needs in the store.

What do you think about the current situation, will this be rare for the long term, the longer I feel stressed in these two needs.

at the moment, the market situation is not stable and we can not talk about any guarantees in the markets. today it grows and tomorrow it decreases. everything becomes more expensive every day so it's better not to wait for something serious from the crypto industry, it's better to go and work for hire

[radjie]

Such a market is not uncommon. This is usually rare for new members. You can observe the history of Bitcoin and you will find that Bitcoin has depreciated many times. This is normal in my opinion, a good attitude is more in line with market investment.

It is undeniable that there are many people who are stressed in the face of a market situation that has always declined to this day, but most of them are easily affected by the current market situation, one of which is felt by beginners who have just been involved in cryptocurrency, but most people who have involved in this field for a long time, a sharp decline in market prices was a natural thing and had happened in previous years. In fact, most of them take advantage of the current market situation by adding their investment assets by making long-term investments to get greater profits in the future.

[andrei56]

The prices of bitcoin and Altcoin are all declining, I am stressed thinking about the current price situation that is getting destroyed.

And I also think that the necessities of economic life are getting more expensive, what is needed is also the price of higher needs in the store.

What do you think about the current situation, will this be rare for the long term, the longer I feel stressed in these two needs.

If you are so stressed about what it is happening in the market then the solution is easy stay away from the market for some months and do not comeback until you feel ready to deal with the market of cryptocurrencies again, but I can say you that your fears are unfounded, it is true this is not the best time of the market but this was going to happen anyway since it was impossible to maintain the previous prices caused by the bull market.

[Cosbycoin]

Such a market is not uncommon. This is usually rare for new members. You can observe the history of Bitcoin and you will find that Bitcoin has depreciated many times. This is normal in my opinion, a good attitude is more in line with market investment.

There is an in between zone for that type of thing. For example when the price of everything goes up in the world that means the sellers need more money to cover their expenses, they are not making the prices higher because they are greedy, they are increasing the price because its a cycle.

For example when you buy a burger and that burgers price is increasing that's not because the shop owner wants more money, they are increasing the price because beef prices are increasing, beef prices are increasing because butcher is getting the cows for more money, cow prices are increasing because the food for cows is increasing, foo... well you get the idea.

Hence when all of that increases eventually the inflation goes up, when inflation goes up the dollar becomes a bit less valuable, when it becomes less valuable your investments worth more in dollars.

[YOSHIE]

The prices of bitcoin and Altcoin are all declining, I am stressed thinking about the current price situation that is getting destroyed.

And I also think that the necessities of economic life are getting more expensive, what is needed is also the price of higher needs in the store.

What do you think about the current situation, will this be rare for the long term, the longer I feel stressed in these two needs.

I was thinking the same thing as you, at a time like this all crypto prices were destroyed and slumped hard for the current price prediction, this year it was indeed a year of bad luck for crypto when people knew a lot about crypto like Bitcoin and Economic. there isBitcoin mining company that closes like in Israel Bitmain Bleeds Further As It Shuts Down Company’s Israel Office makes people think negatively,
I hope this can improve crypto for the future.

[Bitfling]

The prices of bitcoin and Altcoin are all declining, I am stressed thinking about the current price situation that is getting destroyed.

And I also think that the necessities of economic life are getting more expensive, what is needed is also the price of higher needs in the store.

What do you think about the current situation, will this be rare for the long term, the longer I feel stressed in these two needs.

I think if we are believe on our own investment, better keep for long term. Crypto market condition right now is not too good for selling and i think better keep hold it. I am believe this bear market will find end and market will recover again.

[South Park]

The prices of bitcoin and Altcoin are all declining, I am stressed thinking about the current price situation that is getting destroyed.

And I also think that the necessities of economic life are getting more expensive, what is needed is also the price of higher needs in the store.

What do you think about the current situation, will this be rare for the long term, the longer I feel stressed in these two needs.

The market of cryptocurrencies is not for the investor that is looking for a market that gives slow and constant profits which by your attitude and your stress levels seems that is what you are looking for, this market is for the one that can sleep with no problems even when his investment goes down 20% during the week, if you cannot handle it get out of the market for your own good.

[Ridwan Fauzi]

I felt like that, a hard start when starting an investment. For someone who came to invest at the beginning of 2018 it was very painful, came with high confidence and high trust that investment in bitcoin will get a big profit when it is made into an expectation. However, the reality is far from an expectation. Everything has passed, accept with a roomy heart and look at the future of cryptocurrency maybe it will provide a freshness.