Kasabus
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May 04, 2019, 06:51:42 AM |
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Most people that gets stressed are ones that are impatience and just want a profit in a short amount of time. We need to detach our emotions when it comes to cryptocurrency especially when it is a bear market season, just be patient hold and wait for the next bullrun to come in few years.
Looking for your good perspectives, aiming for long term will removed your worries, people who keep checking the value of their assets can easily be moved when sudden downfall happened, they will simply panics and sell with big loses, while people that knows how to carry things and willing to be wait and calmly being patients will stay positive and will hold, wait for the right time to sell their assets. I saw myself to that situation 2 years ago, I was so obsess with seeing the price and want to be updated all the time. I realize it was a mistake because investing is all about trusting and price volatility is a pretty normal thing in the market, now I learned. I get more matured as I stay longer in the crypto space.
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dameh2100
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May 04, 2019, 06:59:11 AM |
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The market now is all green, it is quite normal even if the price is in recovery process, there is no need to get stress at this time but those who invest last year in bulltrap, i know that they are so stress and they think that the current price is still part if a bearish and dump market.
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Cosbycoin
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May 04, 2019, 07:26:42 AM Last edit: May 04, 2019, 08:49:11 AM by Cosbycoin |
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This bear market is not different from the one experienced in 2013-2015 that one lasted a year and 9 months from November 24 2013 to August 24 2015. [im g]https://i.imgur.com/ijoZ79c.png[/img] We might still be 7 or so months away from a trend reversal, or who knows, maybe recent price action is trying to make a trend reversal. No matter what happens, you have to be clear of one thing: blockchain, even after 10 years of Bitcoin's inception, is still a technology that is in "beta". Decentralized systems are not fully figured out to push in a worldwide scenario, but we are all participating in the initial stages of development. Only like 2,000 people knew about the internet in the 70's so development was privatized but blockchain technology is being developed openly by the public, that's a huge difference. We are suffering the hypes and depressions of such volatile changes in price discovery because no one really clearly knows how much blockchain and cryptocurrencies should be worth or could be worth so you might have an investment worth 5 dollars in the future or 1 million, make sure you choose projects with great vision, leadership, development and market share. Also bet in favour to the small ones, but be extremely careful with small projects. Lastly, if you ever become too stressed from watching your portfolio going up or down, watch this video https://www.youtube.com/watch?v=KJVdvbrxtHocalming visuals and soothing music are effective in reducing stress and most cryptoheads at one point will suffer from this hahaha Cheers! Nah, I’m not going to stress myself because of this. I’ve just made up my mind to face whatever it is going to be, whether the price will go up or down, I will take it like that. But if it continues to go down, then I’m not going to withdraw anything, I will just abandon the money and wait for when the price will go up, no matter how long it takes.
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bitcoinst
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May 04, 2019, 11:44:28 AM |
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I am an adherent of a different concept of stress. If you believe the latest studies of stress, then we can conclude that the more stress we receive, the more stable our psyche becomes, but if the conditions are met that you think that it makes you stronger. Here is a paradox.
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BeGoods
Legendary
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May 04, 2019, 12:24:20 PM |
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Most people that gets stressed are ones that are impatience and just want a profit in a short amount of time. We need to detach our emotions when it comes to cryptocurrency especially when it is a bear market season, just be patient hold and wait for the next bullrun to come in few years.
Looking for your good perspectives, aiming for long term will removed your worries, people who keep checking the value of their assets can easily be moved when sudden downfall happened, they will simply panics and sell with big loses, while people that knows how to carry things and willing to be wait and calmly being patients will stay positive and will hold, wait for the right time to sell their assets. I saw myself to that situation 2 years ago, I was so obsess with seeing the price and want to be updated all the time. I realize it was a mistake because investing is all about trusting and price volatility is a pretty normal thing in the market, now I learned. I get more matured as I stay longer in the crypto space. one reason why people panic when bearish is because they aren't sure they can profit or at least recover losses on the coins they buy, that's where their panic starts. if every investor was sure of the coin they buy, convinced that in the long run the price would rise, there would be no more panic when bearish
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yvesp110
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May 04, 2019, 06:38:49 PM |
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Panic with decreasing prices is natural because it deals with losses, but crypto has proven to last until now and we must be able to regulate emotions so as not to be stressed.
Agree with you and it is natural to be worry about your money, if you invest your money in something you really feel possessive and it is good as well, because if you will be possessive you will spend more time in market, so don’t take tension and take this fall of price as an opportunity for you to buy at low price and enjoy your future earnings.
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acheampong64
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May 05, 2019, 01:40:40 AM |
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Very well said buddy. We're in the experimental phase of a great invention in the 21st century and we should be glad we are part. Apart from the price issues, i think this is the bigger picture we should shift our attention towards and it'll give us a honorable relief.
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ufaiz50
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May 05, 2019, 03:14:18 AM |
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Maybe for those who haven't been in the crypto world when 2013-2014 it will get more stress and panic, this year's decline is the deepest because of the high increase, I'm also very panicked when high bitcoin prices are even talked about to be more than $ 50K down be $ 5k. This condition is also to test new investors and those in the crypto world that digital currrency is very volatile and not a low risk investment.
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Kasabus
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May 05, 2019, 04:15:20 AM |
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Maybe for those who haven't been in the crypto world when 2013-2014 it will get more stress and panic, this year's decline is the deepest because of the high increase, I'm also very panicked when high bitcoin prices are even talked about to be more than $ 50K down be $ 5k. This condition is also to test new investors and those in the crypto world that digital currrency is very volatile and not a low risk investment.
We are more experience because we are here before the last bull run. Me personally, I started when bitcoin was still below $500, and this price now is really good though we dump real hard. The dump that we are seeing might be alarming for newbie, but for us who witnessed it many times, we see it a normal thing here.
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Janation
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May 05, 2019, 05:04:26 AM |
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Very well said buddy. We're in the experimental phase of a great invention in the 21st century and we should be glad we are part. Apart from the price issues, i think this is the bigger picture we should shift our attention towards and it'll give us a honorable relief.
Market is rising and will continue to rise in coming time as well . In 2018 we had seen the bear market and now it is the time to rise so keep investing in this good market and do not worry much about the bear market as it’s over now . They should do it now. The price is already increasing and they might regret if they did not invest now. But if they just invested on Bitcoin the time its price is at $3K, they would already have a good profit now and that is like $2K in just a short period of time. That is the reason if you have it already, better hold it than panic when it goes down.
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Landak
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May 05, 2019, 09:48:12 PM |
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because I didn't hold crypto since the bear market so I didn't experience stress like the others. holding not my style. stress will only make you panic sell or cut losses that endanger your portfolio. Because now there are bullish market signs, the stress should start to decrease
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HILIH KINTIL
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Bitcotalk
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May 06, 2019, 09:16:00 AM |
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Nah I’m never going to stress myself because of the bear market. Cause I know that no matter how long it is going to take, one thing for sure is that the price will still go up. I’ve bought a lot of coins (altcoins and Bitcoin) cause I know that this current prices in the market are the lowest prices its going to be. Very soon there is going to be a Bull run. If not this year, then its going to be next year. How come not stress with situation where we buy and invest at some altcoin on higher price and right now our asset at lower price, by the way is not good for our mind because have take lost with our investment.
You’ve got yourself to blame for that. You made up your mind to Hodl for a long time. I don’t do such a thing, I can’t allow my investment to be losing more than a 50% (20% is even a lot for anyone to lose in this market). If you buy and you’re making loss, the best thing for you to do is just to sell and convert your money to fiat and then wait for another time to buy in, that’s once the price gets to the bottom.
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nak02
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May 07, 2019, 07:43:07 AM |
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We know that this thing can irritate us because we've seen that we can grab this opportunity or not, that's why some people are stressing in but if we can set our minds in one thing that can we earn even we lose or win then this would be a best, I guess.
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Rustamm
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Bitcoin lover!
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May 07, 2019, 11:14:14 AM |
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There are still many people on the market who panic and sell their coins in case of an unexpected small fall. I think that now prices are too low for absolutely all altcoins and now is a very good time to stop panicking and start buying and storing coins.
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Botnake
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May 07, 2019, 11:38:36 AM |
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There are still many people on the market who panic and sell their coins in case of an unexpected small fall. I think that now prices are too low for absolutely all altcoins and now is a very good time to stop panicking and start buying and storing coins.
At the current market situation, I don't see any reason why people have to panic. I mean we are seeing great recovery here, bitcoin is close to touching a new high this year and I think if this will continue, it would benefit all of us. You are right, buying now is a good strategy, it's expected that price will rise more especially in the next half, take this opportunity.
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BeGoods
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May 07, 2019, 12:07:03 PM |
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There are still many people on the market who panic and sell their coins in case of an unexpected small fall. I think that now prices are too low for absolutely all altcoins and now is a very good time to stop panicking and start buying and storing coins.
I think they should be aware that we are not in bearish anymore. price declines occur with a small margin, no need to worry about that. instead there is no time for stress now, more opportunities come and you have to take advantage of that !
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Abiky
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www.Crypto.Games: Multiple coins, multiple games
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May 08, 2019, 10:39:28 PM |
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one reason why people panic when bearish is because they aren't sure they can profit or at least recover losses on the coins they buy, that's where their panic starts. if every investor was sure of the coin they buy, convinced that in the long run the price would rise, there would be no more panic when bearish
Exactly. This sort of behavior is mostly linked to newcomers into cryptocurrency, since they're unaware of how everything truly works in this space. Their emotions are quickly triggered when crypto prices start to rise at unprecedented levels. Given their inexperience in the market, newcomers buy high and sell low. Which means, that a bear market will cause them stress as they got in when prices were in their ATHs. For us veterans in the crypto space, it's a different situation. We know when to buy more crypto, and when to sell some of it. A bear market should be more of a delight to crypto enthusiasts, than a "stressful" moment as it gives us the opportunity to acquire coins at the cheapest price possible. It could take days, months, or even years for the next bull market to take effect. But, once everything starts to rise again, you could profit in many ways. Hence, the smart money is at the bear market while prices are still considerably low. Once this is over, there will be FOMO across the market causing a positive uptick in price. Which means, that you should save your crypto for the next "craze" on the market. Just my thoughts
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syaripudin
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May 08, 2019, 11:03:41 PM |
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There are still many people on the market who panic and sell their coins in case of an unexpected small fall. I think that now prices are too low for absolutely all altcoins and now is a very good time to stop panicking and start buying and storing coins.
I think they should be aware that we are not in bearish anymore. price declines occur with a small margin, no need to worry about that. instead there is no time for stress now, more opportunities come and you have to take advantage of that ! Obviously we must be able to take advantage of the current market conditions, I think the bear market is over and now we can enjoy the results we get from what we have done to hold back for a long time. but as much as possible we are not easily tempted by a slight increase at this time and must be able to consider the investment we make when the price is in the range of what number to calculate the percentage of profit to be obtained
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BennyK
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May 09, 2019, 01:31:23 AM |
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One lesson in crypto, "There is no single market trend in crypto. Bear and bull markets alternates." Hence once there is bear market, there will certainly be a bull market. Most investors who out of stress and fear during bear market sell off their valuable coins and regret later when the price begin to increase. Now, crypto market is gradually increasing and it will be smarter to hold and even buy more if possible than to sell now.
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Valhalaa
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May 09, 2019, 02:00:15 AM |
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naturally, every investor is afraid and out of crypto invest because they are afraid that the bear market sometimes falls free of the price of a crypto coin so that many investors are stressed because losing a lot of money in a matter of hours can be a loss so people surely think how to get out of a loss so they feel dizzy if from me, save USDT for minimal losses
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