TROUBLED, PANIC ? READ THIS

[demenBTC]

you are right but everyone make order for profit and everyone's prediction and pshylogy is different.i think its going to fall more and i sell, you read the graphic and decided its going to move up, you buy.thats how market works.

so indeed when the market is in a bad condition, a person's mental and psychology will change drastically, previously planning for longterm but seeing conditions like this, he immediately tried to sell even though loss was only to secure assets. If they wait for market recover to get a better price, that is not worth it

and this is the hardest mental test of the year before, many people have lost the current situation and some people still survive expecting the market to recover as soon as possible to convince the future

[BrewMaster]

you are right but everyone make order for profit and everyone's prediction and pshylogy is different.i think its going to fall more and i sell, you read the graphic and decided its going to move up, you buy.thats how market works.

so indeed when the market is in a bad condition, a person's mental and psychology will change drastically, previously planning for longterm but seeing conditions like this, he immediately tried to sell even though loss was only to secure assets. If they wait for market recover to get a better price, that is not worth it

and this is the hardest mental test of the year before, many people have lost the current situation and some people still survive expecting the market to recover as soon as possible to convince the future

this is only showing once again who invested in bitcoin irrationally and emotionally and who invested in bitcoin after extensive research and because of its technology and the potential that it has.

the first group are the ones that usually invest a lot too, and they always panic. and the second group is always investing more logical amounts that they can afford to lose and never panic.

people should try to be in the second group!

[mahibul49]

i have read your thread analysis and i am really admire and yes you are right and we know that market will be ok very soon.people trust bitcoin thats why they are buying.

[Coyster]

As long as one invested properly and not out of greed, hodling on should not pose much of a grave problem,i think those who are really panicking are those who invested a ton more than they can actually lose.

@OP thread really shows in depth knowledge of the system and I think everyone should key into what was said in the thread
It's all about being patient,bitcoin isn't ending as most people want us to believe,it actually just got started

[izanagi narukami]

Actually I'm still on profit because I play btc when the value still $ 299/btc , 4 years ago.
When the value reach almost $ 20.000 , I'm just sell 0.05 on $ 17.500 and still hold the rest because I believe it could be higher and the fact says the opposite.

Do I still hold the rest ?
Yes, because I'm an investor !

[adzino]

i have read your thread analysis and i am really admire and yes you are right and we know that market will be ok very soon.people trust bitcoin thats why they are buying.

This is the actual problem where people think that the price of bitcoin is assigned by their "believe"/"trust". Everyone "believes" on bitcoin and other crypto currencies. They "believe" that the price will increase. But what are they doing to help the value of crypto currencies to increase other than just investing and sitting on the corner? Just believing won't help us in anyway. We should come forward and help to develop the full potential of crypto currencies as much as possible.

[noormcs5]

to all panic sellers,

WHO AM I ?
1> HODLER
2> Guy who lost 80% + on alt coins [around 130 BTC ]
[ means not only btc price is going down, the amount of bitcoin i hold are going down too]
3> my mining farm is not able to cope even my daily expenses
[ yes i am mining and i will keep mining no matter what]

Facts :
1> btc is down, accept it.
2> btc is down for everyone, 10000s guys like you have there money in it, you are not alone
3> so you say that you are down 70% down on your investment, how can you be down if you not sell, you bough XXX btc, which is same amount now.
4> market is not stupid
for every guy selling = there is one guy buying

Understand this
if there is no trust in crypto world then market would simply go to zero if it fell even 10%, everyone would start selling if they don't believe, and no one will buy it.
5> this forum is being manipulated by fake panic creating posts, by newbies accounts.
6> BTC trading is banned in INDIA, CHINA and people are still investing. cause our governments are corrupt.
7> all small nations are already full into crypto, people simple don't trust centralized money distributions
8> binance, bittrex, bitfinex are largest bitcoin exchanges, they don't make money in $$$ dollars, they make profit in crypto, did they shut down there website ? no because its been used now more then over.
[ they own top 10 biggest balance bitcoin addresses, are they selling ? no]
9> everyday lots of applications and companies are implementing crypto, so forget the price, use case is exponentially growing
 

REMEMBER : MARKETING TIP if you ever wanted to exit a market leave when it goes 20%-30% down, and that time is long gone, so the best a& wise decision is to hodl and smile at these whales manipulation to buy bitcoin lower

Whats Best Now ?
1> open you exchange place sell order at 7X Amount you bought, and enjoy movies and games for a while.
2> Hold on before investing in ICO at the moment.
3> dump shit coins, that are not minable


COINS you should trust:

1> minable
2> not centralized

here is the full list, https://coinmarketcap.com/coins/views/filter-non-mineable/

dump rest of centerlized shit

I think you have lost it some where, but now you can't find it

First of all there is NO MINABLE coin now, as no mining is profitable, all mining is now > than cost of electricity, so you want to mine and lose money? More power to  you, this is an idiot game, a MINE doesn't mine GOLD unless there is a profit to be made.

So mining is no longer 'mining' now its just 'wasting electricity, and losing money'

Your other point 'centralization', what a joke, all MINERS are made by one company BITMAIN, and all mining hardware call's home through MAMA-BITMAIN, and uses their mining-pools, so what in the HELL do you mean when you talk 'centralization', everything has been centralized for years, there isn't any minable, non-centralized crypto on this planet.

what i meant was minable = decentralized depended on number of nodes

this is why i said dump the centralized shit, not dump the tokens, and pos


Example =>

waves = minable for me
ripple = shitcoin for me

got the example ?

Ripple although is centralized but yet it is at number 2 position right now. Even though i also do not like Ripple but still i trade ripple often and get good profits. The reason is that there are many forces behind ripple which keep on pumping ripple at regular intervals.

[Scharfenberger]

Well, it is good someone has tried to make sense of the situation and even shared his ideas to public. Some points ARE really valuable.

[TheLoser]

i have read your thread analysis and i am really admire and yes you are right and we know that market will be ok very soon.people trust bitcoin thats why they are buying.

This is the actual problem where people think that the price of bitcoin is assigned by their "believe"/"trust". Everyone "believes" on bitcoin and other crypto currencies. They "believe" that the price will increase. But what are they doing to help the value of crypto currencies to increase other than just investing and sitting on the corner? Just believing won't help us in anyway. We should come forward and help to develop the full potential of crypto currencies as much as possible.

You are quite right, it is not enough to believe or not to believe in bitcoin now it is necessary to support bitcoin . In order for bitcoin to start growing, it is necessary to maintain its price .  But now there is a reverse trend to reduce the cost of bitcoin lower and lower . And this is already alarming .

[aoluain]

Good points by the OP.
A lot of people need to realise that you havent lost anything as long as you
dont sell at a loss, even stock market traders know this. It is not unique to
crypto.

[daweller1]

[kelz1]

Everyone from hodlers to investors to miners are losing coins now. The only smart thing to do is to convert it to stable coins, but that should have been done weeks ago. Bit late now i'm afraid

[towi078]

Basically there are many indicators that show that bitcoin will not die. But many of us don't pay attention to it, maybe because it's too panic

[btcluisdiki]

I agree with OP's statements and with the current market condition of btc, I would say people are now  affected with the market crush and most likely prefer to hold their btc until it may recover again. The current situation is a reverse of what had happened last year and  most probably there will be no bull market this month as everyone was expecting to happen. In such case, if market condition will continuously drop, need to use their btc for their payment transaction so that btc will continue to evolve in the market.

[zhengqi]

You're right. Now it makes no sense to fix the loss, because we have already lost too much. We must continue to believe in crypto. Or learn to trade to make a profit even in this situation in the market.

[bolbau]

well with you explaining how much you have lost in crypto it is enough to prove that this industry is very dangerous and risky for investors, especially beginners. but I really appreciate your trust in bitcoin, your analysis of what is happening in the bitcoin market can be said to be true, but your advice only applies to fellow holders, while investors who are just entering the market need more mature consideration than trust.

[Vongola]

Do I still hold the rest ?
Yes, because I'm an investor !

The real question is, how long you can hold your bitcoin? How if bitcoin value back to $19500? Will you sell your bitcoin?

I'm same with OP. I'm prefer go big or go home, that's no make sense if we sell our coin now, it's already too late though.

[Wingleness]

to all panic sellers,

WHO AM I ?
1> HODLER
2> Guy who lost 80% + on alt coins [around 130 BTC ]
[ means not only btc price is going down, the amount of bitcoin i hold are going down too]
3> my mining farm is not able to cope even my daily expenses
[ yes i am mining and i will keep mining no matter what]

Facts :
1> btc is down, accept it.
2> btc is down for everyone, 10000s guys like you have there money in it, you are not alone
3> so you say that you are down 70% down on your investment, how can you be down if you not sell, you bough XXX btc, which is same amount now.
4> market is not stupid
for every guy selling = there is one guy buying

Understand this
if there is no trust in crypto world then market would simply go to zero if it fell even 10%, everyone would start selling if they don't believe, and no one will buy it.
5> this forum is being manipulated by fake panic creating posts, by newbies accounts.
6> BTC trading is banned in INDIA, CHINA and people are still investing. cause our governments are corrupt.
7> all small nations are already full into crypto, people simple don't trust centralized money distributions
8> binance, bittrex, bitfinex are largest bitcoin exchanges, they don't make money in $$$ dollars, they make profit in crypto, did they shut down there website ? no because its been used now more then over.
[ they own top 10 biggest balance bitcoin addresses, are they selling ? no]
9> everyday lots of applications and companies are implementing crypto, so forget the price, use case is exponentially growing
 

REMEMBER : MARKETING TIP if you ever wanted to exit a market leave when it goes 20%-30% down, and that time is long gone, so the best a& wise decision is to hodl and smile at these whales manipulation to buy bitcoin lower

Whats Best Now ?
1> open you exchange place sell order at 7X Amount you bought, and enjoy movies and games for a while.
2> Hold on before investing in ICO at the moment.


COINS you should trust:

1> minable [POS POW etc etc]
2> not centralized

here is the full list, https://coinmarketcap.com/coins/views/filter-non-mineable/

dump rest of centralized shit

This is well detailed and very useful info that is worth passing round for others, especially newbies to get enlightened. Lots of FUD clouding the community at the moment thereby hiding the good news going on.

[Amevalentine]

......
8> binance, bittrex, bitfinex are largest bitcoin exchanges, they don't make money in $$$ dollars, they make profit in crypto, did they shut down there website ? no because its been used now more then over.
[ they own top 10 biggest balance bitcoin addresses, are they selling ? no]
....

I didn't know that. That was the "ah ha " one for me. Thank you for that. I didn't know that they help so much. If they didn't have faith then they would be dumping as well.

I also like you can't get anything important. I'm sure and confident and praying is enough, I think so and thank you

[jake zyrus]

i have read your thread analysis and i am really admire and yes you are right and we know that market will be ok very soon.people trust bitcoin thats why they are buying.

Investors have trust and believed in bitcoin it will recover in the market very soon. It's better now to collect more coins and hold and invest it cause one day you're investment it grows in high profitable income.