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Author Topic: Stop Worrying about the Bitcoin Price  (Read 1179 times)
Zemomtum
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October 10, 2019, 11:53:51 PM
 #41

Nobody can predict tomorrow accurately, we can only speculate. Bitcoin to this price, Bitcoin to that price is just becoming a major topic in crypto circle. I have the belief that no one can lose investing in Bitcoin unless you sell in panic

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October 11, 2019, 04:07:36 AM
 #42

That's the main problem of the people who are involved in this Bitcoin, Most of the people think that Bitcoin is the tool to get rich within a short time, they don't think Bitcoin is just a currency. People take this platform as a short cut way to earn money so they are investing they money and time here, It's true many people already got huge money from this platform but some of the people who can't make money basically those are worried about the price of Bitcoin so much. There is a lot of options in order to make a profit, but the price of Bitcoin got them excited, I think the main reason for this scenario is emotion and ready-made profit. I also believe that there is nothing to get worried anymore, it's a natural process of ups and downs of the Bitcoin price.

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October 11, 2019, 04:14:22 AM
 #43

You have a good vision and values when it comes to Bitcoin and you see it as something a lot more long term and not a get rich scheme, which I do admire in other BTC supporters.

It's hard for everyone to have that sort of mindset though, people get really anxious when they realise that their investment and their money has gone down overnight.

Best advice I can give, is just relax and play the long game, you'll come up on top.
Yes. Although it's hard to stay relax and calm seeing your investments are already drowning, but still the best thing to do is worry less. Giving much attention to bitcoin price especially in its dumping moments won't bring any positive action because it will just make you desperate and even make a negative decision that will make you lose in the end. So never let your emotions rule yourself.
Emotions make us alive that is why we have that worrying, doubts, and etc...are such feeling existed because we are a human.
I can't deny that I have that feeling but I kept in mind that it won't help me to further extend my patience but rather helping me to think bad/negative towards the market.
May we could say that Bitcoin price isn't good and healthy buy as I/we believe that time will come sooner more than a thing that its shows us today.
We are all feeling that way when our investment might go down due to the sudden decrease in the price of our investment. It will be hard to remove our emotions when these things happen. It is our responsibility to control our self to overcome fear and doubts, we should trust our own decision when it comes to investing. If an investor worry too much in his investment, he will end up losing half of his investment.
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October 11, 2019, 04:52:59 AM
 #44

Nobody can predict tomorrow accurately, we can only speculate. Bitcoin to this price, Bitcoin to that price is just becoming a major topic in crypto circle. I have the belief that no one can lose investing in Bitcoin unless you sell in panic
There’s no accurate that can be given when speculating about bitcoin price. We often cannot avoid worrying when price declined. For some do panic selling because of the thinking of losing the investment. Better we must stick on our decisions and beliefs that bitcoin will recuperate it’s value.
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October 11, 2019, 04:56:26 AM
 #45

That's the main problem of the people who are involved in this Bitcoin, Most of the people think that Bitcoin is the tool to get rich within a short time, they don't think Bitcoin is just a currency. People take this platform as a short cut way to earn money so they are investing they money and time here, It's true many people already got huge money from this platform but some of the people who can't make money basically those are worried about the price of Bitcoin so much. There is a lot of options in order to make a profit, but the price of Bitcoin got them excited, I think the main reason for this scenario is emotion and ready-made profit. I also believe that there is nothing to get worried anymore, it's a natural process of ups and downs of the Bitcoin price.
There's nothing to worried if you are ready to whatever directions bitcoin will bring your investment. People who are afraid of losing are the most who's worry about the situations, thinking differently from those who are experienced investors who are just okay whatever the trend is bringing them. Knowing that in due time the set targets will be fill and the value will soon favor their investment. You need to think the same way, being optimistic and have enough patience to hold on.

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October 11, 2019, 05:07:31 AM
 #46

The Bitcoin price certainly affects many things. It can help us gauge adoption along with other metrics as well as the sentiment of people who are currently invested.
because we cannot blame anyone because money is what vested here
Quote
Bitcoin is not a get rich quick scheme.
people now are starting to realize this specially when the great dumping happens in 2018 when all of the so called"wanted to get rich instantly"fails and many are still trapped now

Other than that we have some whales playing in the ocean.

Remember this is about change and technology.
If you believe in the ideals money is more than likely to follow.

Be well!
you have said it clear and corrected mate,though whales in some ways manipulating the market still they cannot control the technology behind bitcoin and cryptocurrency
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October 11, 2019, 05:22:09 AM
 #47

BTC remains one of the best investment targets.
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October 11, 2019, 06:10:32 AM
 #48

Other than that we have some whales playing in the ocean.
This is the reason why the market is so volatile, with rampant manipulation in the market we cannot expect a stable market.
It will pump and dump as normal but there's nothing we can do to change it since we are not whales and we are no control of the whales.
they have the power to move this market for them to profit, so we should be aware of that to ensure we will not fall for their game.

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October 11, 2019, 06:11:29 AM
 #49

I used to be addicted to price checking until I became addicted to the technology, specifically optimizing bitcoin. This has been on my mind the last few months, when I really think about the value, for me it has to be that it encourages technology, many more people, including the young and innovative have become interested because of the Blockchain. this is a bigger innovation than the Internet. it's going to change everything. we will now have a perfect record of transactions of all kinds, not strictly financial, with no need of a central authority to validate them. this is a tectonic shift.

Stability and growth for Bitcoin in the future requires adoption as a true currency that can be useful for the masses as a real purchasing tool, and adoption means 1 BTC equal $1,000,000. Because of its scarcity and inflation immunity, the price will go up in the short and very long future. Every buy order will give you profit sooner or later and if not, averaging the price will give you back your ROI and proper profit and way to HODL no matter what. so stop worrying about the Bitcoin price and focus on technology.
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October 11, 2019, 06:47:36 AM
 #50

Unfortunately people can't stop emphasizing on about the price of btc because it's what gives the excitement, the technological aspect does not get much attention from many btc holders at this point, if only people can actually stop worry too much about price, go less about the predictions, and talk more about the possibilities, it will be nice.

Price isn't just the basis of excitement for crypto users, price of the bitcoin will determine the outcome of the investment of our fellow traders. So, if we are worried about the price, it means that we are worried about our return of investment from a cryptocurrency. That makes sense as it helps us to think for possible solutions to keep on track with profit if we are worried.
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October 11, 2019, 06:56:40 AM
 #51

The Bitcoin price certainly affects many things. It can help us gauge adoption along with other metrics as well as the sentiment of people who are currently invested.

Bitcoin is not a get rich quick scheme. It is the currency of the internet designed as a super hard form of money to challenge many status quos.

Even if we were to pay more attention to the price. Many of the people worrying don't know the basics of TA. I'm here to tell you that if you own any amount of BTC you are riding a rollercoaster that is affected by adoption, politics, whales and many other factors out of your control. The one thing you can count on is the math, The fact that is was the first, the 21million cap, it's security, and the torrent of frustration it brings older businesses who have grown lazy and abuse the masses(banks).

From a TA standpoint (i'm a noob with a background in music but i've been studying and doing paper trades for years now). Bitcoin has been consolidating for a few months after a pullback from a 1 year high. The fact that it's been trading in the range its at means that the whales and traders who bought in late can't affect the die hard HODLERS who were already in the market in early 2019. You can find articles explaining the demographics of Bitcoin holders. Those who bought in at 10k+ were the ones selling.

Other than that we have some whales playing in the ocean.

Remember this is about change and technology.

If you believe in the ideals money is more than likely to follow.

Be well!

For traders price is everything but if you are a long term hodler it is best that you should not worry about the price and you can just monitor your investment either weekly or monthly is enough.

As you have said, bitcoin price is affected by many factors which is out of our hand especially if we are just a small investors but if you are wise then you can just ride the flow of the market and you will surely profit in the end. Worrying will not bring us profit.

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October 11, 2019, 07:06:25 AM
 #52

Why not worrying about bitcoin price today? if you remember you are joining and investing your money in bitcoin at last end of 2017 where bitcoin above $15K and now how much your money lower than bitcoin drop price, I am sure back to higher again but I am worry when bitcoin can back to higher price to get back what have I invested with bitcoin.
Bitcoin it not just investment we know that  bitcoin is peer to peer coin that we can use to our daily lives. Op is just concern to some people who really worried and only focusing to the price. If you really know how bitcoin is we cant be worried in the price even its down or gain another new highest price. We can manage well our assets specifically bitcoin if will stop worrying about the price. It's reality that the price is go down and up so it's up to us the control if we want to lose or not.
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October 11, 2019, 08:37:08 AM
 #53

Not a time to worry, a time to trade
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October 11, 2019, 10:32:16 AM
 #54

It really irritates me when some person is addicted to price of bitcoin. I know such a person who all the time checks its price and price is the only thing that worries him. Not adoption, technology or improvements. Only the price and how rich he could be. What is more annoying, is that he reacts to every little price change too emotionally and immediately makes stupid predictions like a child. Just calm down, man.
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October 11, 2019, 10:57:08 AM
 #55

I do not speculate bitcoins,  I do not also use fundamental analysis.  I'm a technician where I use technical analysis when I'm trading. I'm not worrying about the price of the bitcoin because I think it is normal in a market cycle.
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October 11, 2019, 11:02:19 AM
 #56

Why not worrying about bitcoin price today? if you remember you are joining and investing your money in bitcoin at last end of 2017 where bitcoin above $15K and now how much your money lower than bitcoin drop price, I am sure back to higher again but I am worry when bitcoin can back to higher price to get back what have I invested with bitcoin.
Bitcoin it not just investment we know that  bitcoin is peer to peer coin that we can use to our daily lives. Op is just concern to some people who really worried and only focusing to the price. If you really know how bitcoin is we cant be worried in the price even its down or gain another new highest price. We can manage well our assets specifically bitcoin if will stop worrying about the price. It's reality that the price is go down and up so it's up to us the control if we want to lose or not.
Worrying about the price of bitcoin will not give anything good with your investment, as long as you panic on how its price will flow, you will only think of selling it without thinking of the possible loss and you're just letting your opportunity to go. Its better to stop thinking the price and focus more on the other things, controlling oneself is the best way to avoid panic selling.


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October 11, 2019, 11:14:46 AM
 #57

Well i am not worrying about the price of bitcoin because i am really confident that btc price will able to increase very high again and if we can just able to wait for long term i am definitely sure that our investment on bitcoin will be worth it.

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October 11, 2019, 11:45:52 AM
 #58

Unfortunately people can't stop emphasizing on about the price of btc because it's what gives the excitement, the technological aspect does not get much attention from many btc holders at this point, if only people can actually stop worry too much about price, go less about the predictions, and talk more about the possibilities, it will be nice.

Exactly, very good point. People lost their minds because they choose to focus on the price, and not on the count of what they've had. They think that is not valuable anymore and not a good investment because of the price fluctuations it have, especially right now on the bearish market, too many people are selling out their holdings because of misinformation they've had in their minds.

Worrying will not help us to provoke the bull, we just have to be brave and patient while holding our coins and wait for the bull.
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October 11, 2019, 12:07:25 PM
 #59

Well i am not worrying about the price of bitcoin because i am really confident that btc price will able to increase very high again and if we can just able to wait for long term i am definitely sure that our investment on bitcoin will be worth it.
Good for you mate.
Bitcoin proves it several times and we are not disappointed anyway. It makes things clear that Bitcoin could even survive and probably will stay for many years. May we see that it is not in the good position but what actually it shows now it still gives positive insights of we might expect to happen sooner. Not probably a bull run but we might be able to see it bouncing back again.

R


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cotton ball
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October 11, 2019, 12:16:31 PM
 #60

Why have worry with bitcoin price now? did you ever when bitcoin dump to $3k and now have raise up to $8k. No reason why have to keep worry with bitcoin because bitcoin price always can up, just wait and re investing for take double profit with your investment with bitcoin. I have faced many time with bitcoin have lower price for every time.
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