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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 26473 times)
mkmdoc
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January 04, 2019, 03:24:59 AM
 #101

In some cases, it is possible to lose patients due to continuous drops in the market. But with the market recovery, there might be chances for the investor to stay strong in the market. So always try to be positive in the crypto market because the chances of recovering prices are possible.


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January 04, 2019, 03:41:17 AM
 #102

Not entirely, it's just that at this time I think we should rest first so that we are not too depressed with the market conditions that continue to fall. Anyway, even though this seems pessimistic to get up, but I personally still believe the market will recover and will continue to hold it even though we know buying is the best way if we still believe the market will recover in the future, but if the market value continues to disappear I think we need to take a break.

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kawetsriyanto
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January 04, 2019, 04:40:06 AM
 #103

I still believe crypto market will recover even if it will take a long time. Luckily, I didn't spend a lot of money to buy coins on the last year. I traded my bounty coins to buy top altcoins. So, I don't think too much about when the market will recover.       

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January 04, 2019, 07:52:19 AM
 #104

Iam loss too much money in 2018 but i still keep holding all my crypto because i still believe crypto market will rebound and back to bull run again. I learned many thing from this my loss and will never do it the same mistake again just like last year. Greedy bring to me loss much money and i promise with myself will never do it again later. Bull market sure will coming soon or later because this is market cycle. I believe crypto market will be huge and the marketcap will going up to $1 trilliun next year because more mass adoption of crypto and blockchain technology used in many industry.

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January 04, 2019, 09:22:28 AM
 #105

It`s not pleasant when your fortune is melting in front of your eyes, that feeling is stronger in the beginning, later your mind harden. I didn`t lose my confidence in crypto, we are much higher now than when I came here for the first time, how can I lose confidence. Last year was a proof what bitcoin is capable off, and after that crazy ride we are still very high. Crypto is growing, crypto is learning, there are many good and bad things in crypto, but that is all part of growing up.
Of course, it is not something appealing, but at the same time, when you understand the reason why you got in the first place, except if you have none or got in for the wrong reasons, you will know why you should be confident and hopeful for the future. Just as you said, we are in the growing and learning phase, so one way or the other, we will keep getting better at the decisions we make over time and our approach to the market as well.
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January 04, 2019, 10:05:09 AM
 #106

I can say for sure – my faith stay the same, I still have the confidence in crypto. I think this bearish market provide me with the opportunity to buy in more coins. IMO, this is a temporary situation and market will turn to be better eventually.
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January 04, 2019, 11:04:22 AM
 #107

As for me, I still am very confident that what I did was right. I got into crypto, released a good amount of savings from my wallet, bought Bitcoin and several altcoins, took some of the profit after a while, HODL the rest, and got rekt after that. I am not regretful. Nor am I losing confidence of what I am doing right now. I have watched crypto for a while now, rising and falling is always the way.
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January 04, 2019, 12:43:03 PM
 #108

There were times I feel like, the investment will go no where, but looking back how the Crypto have reach it gives me hope to hold. Currently I take opportunity on buying greater volume of coins and store it in my most secure wallet called HODLER. Hoping that eventually the price will recover.
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January 04, 2019, 02:21:17 PM
 #109

2018 was a very dismal for most crypto traders, i have also lost a lot of money but i am still holding some coins. As i believe the market would definitely recover sooner or later, so selling all your coins is not a solution, as you have to sell it cheaply.

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January 04, 2019, 02:52:53 PM
 #110

2018 was a very dismal for most crypto traders, i have also lost a lot of money but i am still holding some coins. As i believe the market would definitely recover sooner or later, so selling all your coins is not a solution, as you have to sell it cheaply.
You make it hold for only coins that have potential for a long term hold. We knows how the market flows and it came to a huge changes that crypto won't be that much profitable as of before.
Investors will look for profits as they could risk huge amount of money just for these but losing to much would make a decision to diversify into other form of investment.
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January 04, 2019, 03:18:29 PM
 #111

My ego took a hit indeed as I didn't exit the markets when we entered into a bear market, but now I am more bullish than ever on the crypto markets. I know that many projects are have already prepared huge partnerships and infrastructures like MOBU or STRATIS. In short words the future is bright!
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January 04, 2019, 06:01:05 PM
 #112

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 will not blame those that nurse the fear of investing into cryptocurrencies market at this current market price and also investments into cryptocurrencies market is a very highly risk  venture and I think we should not rush or encourage people to go into it without telling them how risky it is and how much people have lose since January this year till now.
Those that buy bitcoin in 2011 when market speculators were saying that bitcoin is overpriced and it is risk to invest into it at $0.07 are regretting because bitcoin surprise everyone by making a good move since that time till ending of 2017. Therefore I am not discouraged about investing into cryptocurrencies marke.
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January 04, 2019, 06:15:35 PM
 #113

Confidence as an investor will always fade if the market you are investing with is at its state of coldness but it is still up to you if you have the passion to pursue investing in that industry then go. As an investor, you should always expect things you did not mean to expect. Before you went committed, you should have known and been ready for the risks it would take to your investment. In Bitcoin, I would like you to at least try to save some of your assets and just let the price go low or high. If it goes up, you win, if it goes low, that's still fine. Just try and save some assets you can hatch someday.
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January 04, 2019, 06:59:23 PM
 #114

In some cases, it is possible to lose patients due to continuous drops in the market. But with the market recovery, there might be chances for the investor to stay strong in the market. So always try to be positive in the crypto market because the chances of recovering prices are possible.

Yes you are correct in sometimes the confident level of us was very low being an investors a lot of problems will be faced by us especially in sometimes like this situation the value of critical in law so we don't know what to do but in sometimes we feel cryptocurrencies are the life changing equipment so continuing the journey will be good in all time.
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January 04, 2019, 08:29:41 PM
 #115

No, I'm still 100% crypto believer.
I understand fully on what's happening in the market, there are always ups and down that is why crypto volatility is high.
In times that people are panicking, that's the time I feel secure because I understand that when they dump, there are people who are eager to buy.

What I put in my mind is that when whales can manipulate the price to dump, they can also do the opposite, so that's what I'm waiting to take place this year.
as investors we have to ready to face any condition in cryptocurrency market.while we decided to invest our money into this market it mean we fully understand about the risk.
that's right man , we have to prepared our self with worst condition if some day market crashing and make our assets decrease alot.being weak hand was not adviced in cryptocurrency market because market very extrem.
That’s not good for sure before enter the market you will have to know that it’s not always green for you. Sometimes you will have to face red as well so at that time you will have to show your skills and keep holding will make you earn good money but losing patience. Have you ever seen anything business at top always if it’s no then have patience everything will be fine.
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January 04, 2019, 08:50:57 PM
 #116

There were times I feel like, the investment will go no where, but looking back how the Crypto have reach it gives me hope to hold. Currently I take opportunity on buying greater volume of coins and store it in my most secure wallet called HODLER. Hoping that eventually the price will recover.

This is really good mate people like you are the real reason why crypto trading is on progress day to day. If you have bought coin right now you really did well because price now a day is good and the other thing that I must appreciate is that you put all of your coin in wallet at once and that’s shows how  concerned you are for your investment.
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January 04, 2019, 09:45:25 PM
 #117

Losing your confidence would only mean that your mind is weak to handle market risks and you did not understand the market risk properly when entering it in the first place. Newbies can often fall prey of such emotions but they gradually learn to get over it and rectify their mistakes. Then again some people would stop trading or investing and call crypto a scam.  Cheesy

The safer bet is always the top 10 altcoins except the forked shitcoins. Most ICOs will abandon the project after a year or so when team vesting periods are over and then it will be lost as a shitcoin dump.
Losing a part of your confidence is not always bad, how many newbies invest in this market thinking they will be the next success story without knowing anything about the market? A substantial amount I could guess, those newbies need a reality check and need the market to show to them it will not be that easy, once they understand it they can begin the process to grow as investors and traders which if done right could be the key that brings them the success they were looking for.
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January 04, 2019, 09:47:59 PM
 #118

In everyday of life, challenges will always come and being in crypto is no exception from bad moments. 2018 was really challenging for me in crypto and my confidence was well tested, my faith in the tech was also put to test. But here I am, still trading, buying, selling, participating in bounties and of course still hodling. So much to say that I still believe in cryptocurrency. Beyond the current market situation lies ahead a booming future.

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January 05, 2019, 04:34:55 AM
 #119

My ego took a hit indeed as I didn't exit the markets when we entered into a bear market, but now I am more bullish than ever on the crypto markets. I know that many projects are have already prepared huge partnerships and infrastructures like MOBU or STRATIS. In short words the future is bright!
cryptocurrency market has bright future for us.after we face bearish trend in a year maybe this year we will see bullish run started.although many prediction bitcoin price will not hit ath this year.and much investors become more confidence this year.
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January 05, 2019, 09:39:13 AM
 #120

Losing a part of your confidence is not always bad, how many newbies invest in this market thinking they will be the next success story without knowing anything about the market? A substantial amount I could guess,
You are right about that. 99% of the noobs entering the crypto space think it to be a place where fantasies about making money and getting rich are true and end up buying some shitcoin for 1000$ hoping it will pump to 1000x in a few days. Heck they were trapped by some people who dumped on them. Grin

Quote
those newbies need a reality check and need the market to show to them it will not be that easy, once they understand it they can begin the process to grow as investors and traders which if done right could be the key that brings them the success they were looking for.
Truely speaking, every newbie needs one to two years of simple exposure to the market without actual trading. Thats how I have learnt things here myself and even if sometimes you feel bored its the best way to learn.

R


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