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Author Topic: Let's prepare for the worst  (Read 2480 times)
CryptoToxicAvenger
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December 23, 2018, 09:01:01 PM
 #101

We all know that the cryptocurrency market is very unpredictable, so we should always be ready for anything. You should always have some money in Fiat so you can buy crypto any time. And of course, we must be mentally prepared for any outcome of events.
GunsLair
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December 23, 2018, 09:35:19 PM
 #102

We all know that the cryptocurrency market is very unpredictable, so we should always be ready for anything. You should always have some money in Fiat so you can buy crypto any time. And of course, we must be mentally prepared for any outcome of events.

Anyone who is engaged in investments should always be prepared for different situations, including bad ones. Since he himself chose this kind of activity. As for me, I keep my emotions under control, as I'm confident in the success of bitcoin in the near future.
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December 23, 2018, 09:40:25 PM
 #103

If this isn't a bull run then the market would surely crash down way more deeper than before.
But if it is a bull run then we shouldn't worry about it right now and let's just enjoy the holidays.

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December 23, 2018, 09:52:13 PM
 #104

Let's all be prepared ,the way I'm seeing things I think bitcoin hasn't find its bottom yet ,I'm guessing around 2500$ before we see better recovery ,always remember cryptocurrency is never for the weak ,be prepared and do what you do best ,things will surely turn around but good things never comes easily .

If you think that the bottom of Bitcoin's price is at $2500, you're definitely not prepared for the worst. The truth is that the price of Bitcoin can fall even below $1000 and even then it will not be known if this is the end of price drops.

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NavI_027
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December 23, 2018, 10:37:05 PM
 #105

How to become prepared for the worst if you really don't have a clue what is the worst thing could happen (Of course, reaching $0 is obviously the worst but I don't put in consideration since chances are very small for it to happen). So if you are scared for the next thing  and can't hold it any longer then feel free to cut yout losses, that was sad but at least your savings will not experience further drops anymore. It was definitely an impractical decision but if it is the only way to make you feel relieved then go.
Cryptoreflector_666
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December 23, 2018, 10:46:49 PM
 #106

Let's all be prepared ,the way I'm seeing things I think bitcoin hasn't find its bottom yet ,I'm guessing around 2500$ before we see better recovery ,always remember cryptocurrency is never for the weak ,be prepared and do what you do best ,things will surely turn around but good things never comes easily .

As you can see, the market has made a turn and now we are seeing a smooth rise with minimal drawdowns, which create a good ground for a quick big Bang. This is a classic schedule that we observed last year, so I advise you to fasten your seat belts and buy as soon as possible.

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December 23, 2018, 10:46:56 PM
 #107

Let's all be prepared ,the way I'm seeing things I think bitcoin hasn't find its bottom yet ,I'm guessing around 2500$ before we see better recovery ,always remember cryptocurrency is never for the weak ,be prepared and do what you do best ,things will surely turn around but good things never comes easily .

This is quite realistic scenario because the historic retrace levels are between 80-87% this corresponds to 2600-3000$ usd, so you are close to my prediction but a bit too much there.

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Harrisonimo
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December 23, 2018, 10:53:17 PM
 #108

Let's all be prepared ,the way I'm seeing things I think bitcoin hasn't find its bottom yet ,I'm guessing around 2500$ before we see better recovery ,always remember cryptocurrency is never for the weak ,be prepared and do what you do best ,things will surely turn around but good things never comes easily .


Someone said the Bitcoin value will still dump to about 2,800$ before it can start having a course towards its recovery and then a possible bull run. As much as possible, one should prepare for the worst and also prepare for the unexpected too; the real cryptocurrency business is for the strong!
Coinifyx
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December 23, 2018, 10:58:01 PM
 #109

You have no idea of what the bottom really is

https://twitter.com/gregschoen/status/70261648811761665

Nothing to say
Lorin
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December 23, 2018, 11:07:49 PM
 #110

If you are in crypto you should always prepared. You dont know when should decrease or increase. But despite of that we all know crypto is a  big opportunity for all of us.
We encounter now the downfall  but still we are hoping for the recovery of it soon. Be patient and calm.
elwiswoodie
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December 24, 2018, 01:12:24 AM
 #111

If this isn't a bull run then the market would surely crash down way more deeper than before.
But if it is a bull run then we shouldn't worry about it right now and let's just enjoy the holidays.
the main provision in investing and holders is understanding market prices so that they can be prepared when the market goes down and can take the opportunity to buy when prices fall. I am sure all can be calm and patient in the face of falling prices because our goal is to make a profit.
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December 24, 2018, 05:21:03 AM
 #112

Let's all be prepared ,the way I'm seeing things I think bitcoin hasn't find its bottom yet ,I'm guessing around 2500$ before we see better recovery ,always remember cryptocurrency is never for the weak ,be prepared and do what you do best ,things will surely turn around but good things never comes easily .

Now the price is bounce back to around $4200 which is good sign for the long term trading I guess. The passion should be on again from now on and wish there will be no more deep drop in the near future. But yes, we should be prepared for the bad scenario as well.

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December 24, 2018, 06:21:13 AM
 #113

Don't prepare for the worst yet, we all know that good things come to and end, but as of what I am seeing right now in the market is from a small recovery now has recovered much more, the price is indeed upsetting but I think that it will fully recover soon, and it is not only Bitcoin whose recovering, some altcoins are recovering as well.
kalel18
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December 24, 2018, 12:50:00 PM
 #114

everything is not easily provided, everyone is tortured for good outcome. we do not need to be prepared for the deep bitcoin bitrate, my confidence is that bitcoin will return to the previous price if this recovery happen everything will come back to what user,trades has.
sirminesalot
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December 24, 2018, 01:20:35 PM
 #115

I am not worried about bitcoin, the bad possibility is that bitcoin is decreasing in value and of course after that there will be a possibility for recovery, I think the essence of it is that we have to have patience.
yes, of course, being patient is most needed here, we all know that crypto will not continue to be stable and there will definitely be bad. everything that happens here has become a risk and we must be prepared to accept all the risks well so as not to lose.
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December 24, 2018, 01:31:25 PM
 #116

We should also be prepared for the good.
Worst happens to test your ability to cope up on the situation. The solution matters than the problem. Good and bad scenario should be end in positive outlook in life.

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December 24, 2018, 01:36:23 PM
 #117

I am not worried about bitcoin, the bad possibility is that bitcoin is decreasing in value and of course after that there will be a possibility for recovery, I think the essence of it is that we have to have patience.
yes, of course, being patient is most needed here, we all know that crypto will not continue to be stable and there will definitely be bad. everything that happens here has become a risk and we must be prepared to accept all the risks well so as not to lose.

Agree with you, we need to have a backup strategy, so if somehow the market is not run as our prediction, we could still take the profit and leave the market until the situations are back normal again. The risk in the market can happen at any time, and it depends on what preparation we do to minimize the loss. Besides that, I am sure that we can pass any difficulties that will happen in the market if we are ready for the worst thing and I think being patient is also helps us to find a way to solve the problem.

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December 24, 2018, 02:11:27 PM
 #118

i don't think things are going back like it has once been. Well no one has a correct prediction or calculation on how the market is going to turn to. But I think we all have to be positive and encourage more investor into the crypto space
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December 24, 2018, 02:25:10 PM
 #119

Crypto will be fine and I don't need to hesitate or worry about crypto, the market can go down and make most people panic, but in my opinion even though crypto falls as low as possible, I believe crypto can rise again.

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December 24, 2018, 03:45:08 PM
 #120

I am ready for both good and bad times in Bitcoin. At this time the market that bitcoin has gone down considerably. But I believe. That there will be a good increase in the market in the next couple of days.

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