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Poll
Question: Did you lose your confidence as an investor?
Yes, I've lost everything - my confidence, my money. REKT completely.
Nope, I still believe in crypto and I know that it'll recover for sure, if not sooner, later.
Haven't invested anything yet, so I'm still safe.
Can't say.

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Author Topic: Did you lose your confidence as an investor?  (Read 26505 times)
Stedsm (OP)
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December 29, 2018, 12:27:16 PM
 #1

The sudden rise (from the very beginning of 2018) to fall (end of 2018 and still continuing), did you have the courage to hodl your coins and have your confidence intact just as before? Or did the extreme hustle of the bearish markets ended everything for you and even compelled you in such a way that you're now no more going to put anything in cryptocurrencies? Do you think this is an opportunity itself or is this going to end up hard in grave like most of the best ICO projects of whose tokens got dumped down to even 1/20th their ATH?

P.S.: This is just a poll, so don't take it as a measurement to decide whether to remain and/or invest in crypto or not.

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BlackPanda
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December 29, 2018, 12:57:06 PM
 #2

We will definitely experience a decrease in self-confidence. Investors must have fear when the price of Bitcoin / Altcoin decreases. But when investors just stay quiet they won't get anything. Though this kind of investment is profitable, this increase and decrease can be a momentum and the most important thing is how we make the best decisions. Take advantage of every momentum that exists and always pay attention to any price movements that occur at any time seriously.
OmegaStarScream
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December 29, 2018, 01:10:42 PM
 #3

As far as I'm concerned, I see nothing worrying when it comes to bitcoin because the development is more active and the community is bigger than ever. It's also no secret that the market is being manipulated so holding is probably wiser.

If we're speaking about crypto in general, then It's worrying to a certain degree but that's our fault. People are looking for fast earning and quick money, so they just follow the hype and then realize they're investing in a project that is a scam and eventually loses their money. That gives a bad image to the cryptosystem and make people stay away from it sadly.


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MiiDoViic
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December 29, 2018, 01:35:15 PM
 #4

I haven't lost fate in cryptocurrencies yet , but definetly lost hope in all ICOs . I think the only thing that's draging us down is all the scams that grew during the last bullrun , all the lies and fake hopes we were given by these imposters. Luckily they started to decrease now that no one is being into their crap and hopefully they disapear forever.
If you want to invest , go for the top coins on the market cap or else you are taking a huge risk without any potentials.
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December 29, 2018, 01:51:58 PM
 #5

The extreme bearish markets might look scary for some of the newcomer investors. Personally, I still have faith in Bitcoin and just thought the current markets is just a continuation of the market cycle. We were at a parabolic movement market cycle, and the current condition is still healthy.
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December 29, 2018, 01:57:54 PM
 #6

If investor means invest on ICO then I lose my hope as well most of them are scammer. If you are asking about existing and reputed crypto currency then I have confident to hold them. But usually I don't want to hold longer, I like to trade them and increase my coin. Like something I bought for 1$, if price raise 1.5$ then obviously I will sell that and I will wait for another dip. If in case drop again then I will take it otherwise I will move another coin. Investing on reputed coin is not bad now. I think it's good time to buy crypto include Bitcoin. So eventually you can say I have confident as an investor to invest on existing and well reputed coin.

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QuadsPoker
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December 29, 2018, 01:58:29 PM
 #7

The sudden rise (from the very beginning of 2018) to fall (end of 2018 and still continuing), did you have the courage to hodl your coins and have your confidence intact just as before? Or did the extreme hustle of the bearish markets ended everything for you and even compelled you in such a way that you're now no more going to put anything in cryptocurrencies? Do you think this is an opportunity itself or is this going to end up hard in grave like most of the best ICO projects of whose tokens got dumped down to even 1/20th their ATH?

P.S.: This is just a poll, so don't take it as a measurement to decide whether to remain and/or invest in crypto or not.

You should add an extra option in your poll. I am pretty sure there are people that made profits in this bear market year. Or is the poll for hodlers only. Cause in my case the market went down entirely this year but I still made VERY good profits and more than tripled my investment during 2018

Signature for rent. Your signature will be displayed an entire year in one of my threads that is visited 200+ times daily
akram143
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December 29, 2018, 03:11:52 PM
 #8

The sudden rise (from the very beginning of 2018) to fall (end of 2018 and still continuing), did you have the courage to hodl your coins and have your confidence intact just as before? Or did the extreme hustle of the bearish markets ended everything for you and even compelled you in such a way that you're now no more going to put anything in cryptocurrencies? Do you think this is an opportunity itself or is this going to end up hard in grave like most of the best ICO projects of whose tokens got dumped down to even 1/20th their ATH?

P.S.: This is just a poll, so don't take it as a measurement to decide whether to remain and/or invest in crypto or not.

You should add an extra option in your poll. I am pretty sure there are people that made profits in this bear market year. Or is the poll for hodlers only. Cause in my case the market went down entirely this year but I still made VERY good profits and more than tripled my investment during 2018

If we lost the confidence in investing and cryptocurrencies then nothing will be write for us because if we think with kind or some other currency will not worth then we cannot survive in this field so if you want to get better result then trust that currency.

Stedsm (OP)
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December 29, 2018, 03:27:39 PM
 #9

You should add an extra option in your poll. I am pretty sure there are people that made profits in this bear market year. Or is the poll for hodlers only. Cause in my case the market went down entirely this year but I still made VERY good profits and more than tripled my investment during 2018

Glad to know that you've had profits even during bearish days, but would surely like to know whether it was from shorting BTC or other crypto listed over leverage providers or did you profit from exchanges like Binance, Bittrex and/or Poloniex through alts and tokens trading? If we talk about raking in profits in 2018, yes there were opportunities till the middle of this year, but since the market started falling down badly, most of the traders have lost only (except from the current swings going on in markets through small pumps in BTC and alts as well). BTW, it's not entirely about making profits but having/losing confidence in crypto. Smiley

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December 29, 2018, 03:37:53 PM
 #10

I remember where crypto will go nothing on 2014 that's why I sell almost 0.5
But the fate say different things when bitcoin enthuasiast begin in Nov 2017. Feel regret ? Of course , maybe not just me I can guarantee !

On 2018, the market begin to normal and something will be difficult to climb as high as before but I still believe that Nov 2017 incident will happen in the future so I try to keep hold it tight !

Smiley
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December 29, 2018, 03:40:18 PM
 #11

Well, I am a combination of both 2 and, I got REKT but I still believe in Crypto, I am still holding tight and in some Tokens and Coins I am already 90% down but I keep telling myself and I believe that things will change soon, I already adjusted with the situation because I already knew that this could happen any time so I was kinda prepared mentally.
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December 29, 2018, 03:46:22 PM
 #12

did you have the courage to hodl your coins and have your confidence intact just as before? Or did the extreme hustle of the bearish markets ended everything for you and even compelled you in such a way that you're now no more going to put anything in cryptocurrencies?
I believe I never need to worry due to this downfall of crypto markets. Basically, I am a bitcoin investor since 2014. I was working for campaign by the beginning of 2015 when bitcoin prices was trading around $220 and I am still holding those bitcoin payments. I am still into profits which are more than 10x reward for my faith on bitcoins. I believe this is the advantage of being a long-term holder and I am in real life realizing that benefit.

Do you think this is an opportunity itself
When bitcoin was trading positive I was never thinking about buying more bitcoins nor never going for analyzing with the idea of buying few reputed altcoins. But I am doing those right now because this downfall must be a very big opportunity to have quicker returns for our capitals.
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December 29, 2018, 03:59:23 PM
 #13

Not yet, as I'm still invested as far as my wallet is concerned and am still hoping for a bounce back. My business is still growing too so I don't care that much if bitcoin slides further down the slippery slope, and knowing how this market works, it will surely find its footing once more and make another run for it, granting yet another profit-spell to everyone who's invested. Right now, I'm not in a loss, as all the money I've invested on this current cycle are basically profits from the run from 2015-2017, so I'm still good.

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December 29, 2018, 05:00:56 PM
 #14

You should add an extra option in your poll. I am pretty sure there are people that made profits in this bear market year. Or is the poll for hodlers only. Cause in my case the market went down entirely this year but I still made VERY good profits and more than tripled my investment during 2018

Glad to know that you've had profits even during bearish days, but would surely like to know whether it was from shorting BTC or other crypto listed over leverage providers or did you profit from exchanges like Binance, Bittrex and/or Poloniex through alts and tokens trading? If we talk about raking in profits in 2018, yes there were opportunities till the middle of this year, but since the market started falling down badly, most of the traders have lost only (except from the current swings going on in markets through small pumps in BTC and alts as well). BTW, it's not entirely about making profits but having/losing confidence in crypto. Smiley

I am on an overall profit. except for 5BTC I sold off most between 17k and 19k and most of my ETH above 1K. Then I took 25k to trade short to take daily profits on micro trades and profits. In that way I increased my fiat value. And the other profits I took by selling of end 2017 I used to enter the market again during previous month. So at this time I hold about 5-6 times more crypto than the point I sold 1 year ago.

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December 29, 2018, 05:56:59 PM
 #15

The sudden rise (from the very beginning of 2018) to fall (end of 2018 and still continuing), did you have the courage to hodl your coins and have your confidence intact just as before? Or did the extreme hustle of the bearish markets ended everything for you and even compelled you in such a way that you're now no more going to put anything in cryptocurrencies? Do you think this is an opportunity itself or is this going to end up hard in grave like most of the best ICO projects of whose tokens got dumped down to even 1/20th their ATH?

P.S.: This is just a poll, so don't take it as a measurement to decide whether to remain and/or invest in crypto or not.

To be honest I still hold as much as I can up until the April-May of this year. But common sense tells me that its time to dumped but my friends didn't listen to me and instead they keep on holding, but we all know what happen next, because after that everything went crashing hard and the market condition worsens.

I guess it really boils down as to what 2019 will bring, if the market recovers then I'm sure ICO will be alive again and more money pouring in.

 
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December 29, 2018, 06:44:23 PM
 #16

I still have confidence as an investor because I am believing at the bull run in the near future,many people who lost confidence at bitcoin now are the one who entered at late and looking to make the quick money without knowing the what is bitcoin actually is,so we don't care about those lost investors the real investors are still holding the bitcoin.

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Maestro75
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December 29, 2018, 06:51:24 PM
 #17

This year we battled with two things, the sharp fall and scam icos. I think the bigger problem is not the decline. It is with the scam icos and developers who at the end will always run away with investors money. As for the market, I know it will recover some day. If not in 2019 it will be at another time.

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exstasie
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December 29, 2018, 07:10:11 PM
 #18

The sudden rise (from the very beginning of 2018) to fall (end of 2018 and still continuing), did you have the courage to hodl your coins and have your confidence intact just as before? Or did the extreme hustle of the bearish markets ended everything for you and even compelled you in such a way that you're now no more going to put anything in cryptocurrencies?

The answer to this question will depend on whether you're a new investor or an old hand.

We see it play out after each bubble. New investors tend to be weak hands. At the beginning of the crash, they are confident and hopeful and intent on "buying the dip." By the end of the crash, most of them have sold at a loss and are calling Bitcoin a scam. It's something we see in all markets: impatient investors give away their money to patient investors.

I've been trading Bitcoin for almost 6 years. Nothing surprises me anymore, especially not deep crashes. It doesn't destroy my confidence at all, but it can be stressful having to hedge the value of my coins by frequently short selling.

Capt00
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December 29, 2018, 07:41:07 PM
 #19

For those newbies in the market, they are now scared and probably every single minute always checking the price in the market.
But for those real crypto enthusiasts, they are now relaxing and forget for a while the market bearish and wait for the bull run.

I voted, I still believe in crypto and I know that it'll recover for sure, if not sooner, later. We must do this to avoid panic selling for those weak hand people.
tdrinker
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December 29, 2018, 08:35:55 PM
 #20

The sudden rise (from the very beginning of 2018) to fall (end of 2018 and still continuing), did you have the courage to hodl your coins and have your confidence intact just as before? Or did the extreme hustle of the bearish markets ended everything for you and even compelled you in such a way that you're now no more going to put anything in cryptocurrencies? Do you think this is an opportunity itself or is this going to end up hard in grave like most of the best ICO projects of whose tokens got dumped down to even 1/20th their ATH?

P.S.: This is just a poll, so don't take it as a measurement to decide whether to remain and/or invest in crypto or not.

I would be lying if I said that my confidence hasn't taken a big kick in the teeth but it is still intact. I have held throughout this bear market and will continue to do so because I do believe in crypto and that the market overall will recover. A lot of alt-coins will never return to past ATHs but that's in my opinion for the best.

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