Stop Worrying about the Bitcoin Price

[dimastegar]

Most people who are worried about BTC prices are newcomers. Because they still haven't gained experience about holding or giving up losses they can get when the price of Bitcoin goes down. A few years ago, I was worried when I first bought BTC lol. Almost every minute I check the price of BTC and my heart beats fast when the chart shows a red candle  . An unforgettable experience.

[Colt81]

Most people who are worried about BTC prices are newcomers. Because they still haven't gained experience about holding or giving up losses they can get when the price of Bitcoin goes down. A few years ago, I was worried when I first bought BTC lol. Almost every minute I check the price of BTC and my heart beats fast when the chart shows a red candle  . An unforgettable experience.

Yes. The people who are worried about bitcoin's price are the ones who are new in buying bitcoin which they always panic when they see that bitcoin's price is falling down because they are afraid not to earn any profit in their investment. I think it is pretty normal for bitcoin and other cryptocurrencies to decrease it's price because sooner or later they will recover it's price that new comers should not be worried in bitcoin's price anymore.

[ashmodeus]

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!

worries is one of the common characteristics of traders.
and i am a trader, not the holders.
and i guess, even the holders have a same thing.
its not , if u have a tons of money that will not run out until the stable period of BTC comes ( and i guess that come about 10-15 years from now)
another fact, there are already 7% from total supply already on major exchange, that mean, 7% already has been sold/or traded.

[bitbunnny]

It's a well known fact that Bitcoin price is volatile and changes both ways, up and down. So you can't expect that the price will always be in your favour.
People who are worried all the time about the price are usualy newbies without enough experiences or those who invested a lot, at high price, usually beyond their possibilities so they are afraid of loss they will be not able to cover. I guess those categories will always exist.

[ILuckyGuyI]

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!

If truth be told, I believe in the ideals of Bitcoin. In my opinion, it will be among the top three currencies in the world in 20 years. Besides, I agree with you and I don't worry about the price. We know that Bitcoin is volatile. So, these rising-falling moves are normal. We just don't exactly know when Bitcoin will rise or fall.

[pixie85]

Most people who are worried about BTC prices are newcomers. Because they still haven't gained experience about holding or giving up losses they can get when the price of Bitcoin goes down. A few years ago, I was worried when I first bought BTC lol. Almost every minute I check the price of BTC and my heart beats fast when the chart shows a red candle  . An unforgettable experience.

As a trader you are worried about the price doing the opposite of what you're expecting it to do. This is your occupational hazard!
Not only newcomers are worried. I'm sure that if the price fell today by another 10% you would start to worry. I sure would.

Only people who did not invest or invested long ago and don't risk anything are not worried

[Wysi]

Most people who are worried about BTC prices are newcomers. Because they still haven't gained experience about holding or giving up losses they can get when the price of Bitcoin goes down. A few years ago, I was worried when I first bought BTC lol. Almost every minute I check the price of BTC and my heart beats fast when the chart shows a red candle  . An unforgettable experience.

As a trader you are worried about the price doing the opposite of what you're expecting it to do. This is your occupational hazard!
Not only newcomers are worried. I'm sure that if the price fell today by another 10% you would start to worry. I sure would.

Only people who did not invest or invested long ago and don't risk anything are not worried

But I have different opinion on this as I would not be worried even if the price drops by another 10 or 20 percent when it comes to bitcoin because bitcoin has regained it's  momentum after every single dump,  this is not the case with the altcoins as they don't get a chance to pump after the value drops.

[pixie85]

But I have different opinion on this as I would not be worried even if the price drops by another 10 or 20 percent when it comes to bitcoin because bitcoin has regained it's  momentum after every single dump,  this is not the case with the altcoins as they don't get a chance to pump after the value drops.

Every uptrend can come to an end. Past is not an indicator of future performance.

When did you buy your coins? At what price? There can be different reactions depending on that small factor.

If you bought above 12 thousand you're like fuck it I don't care because I'm already holding a big bag. If you bought at 5 or below you're totally fine whatever happens. We won't go below that. But if you bought at this level like at 9k and it falls 20% you really should be worried. If you don't you're a rare specimen.

[Rufsilf]

Most people who are worried about BTC prices are newcomers. Because they still haven't gained experience about holding or giving up losses they can get when the price of Bitcoin goes down. A few years ago, I was worried when I first bought BTC lol. Almost every minute I check the price of BTC and my heart beats fast when the chart shows a red candle  . An unforgettable experience.

As a trader you are worried about the price doing the opposite of what you're expecting it to do. This is your occupational hazard!
Not only newcomers are worried. I'm sure that if the price fell today by another 10% you would start to worry. I sure would.

Only people who did not invest or invested long ago and don't risk anything are not worried

But I have different opinion on this as I would not be worried even if the price drops by another 10 or 20 percent when it comes to bitcoin because bitcoin has regained it's  momentum after every single dump,  this is not the case with the altcoins as they don't get a chance to pump after the value drops.

You can't feel it anyway if you are buying below $8k but what you may think if you are buying at $10k, didn't you feel the stress for it? I think it was normal to feel that way cause we are human. If we think of 10-20 percent drops it is big enough that people could feel their losses even though we believe that Bitcoin could recover later.
If you didn't mind the difficulties we have today, then that be with you...and as you've said, we have different opinion.

[TitanGEL]

It is a misconception formed in the market, people are investing in bitcoin because they though that bitcoin is a quick rich scheme where they can become a millionaire after they make investments. It is a perception that we should change in order to not lose anymore money.

[dimox]

sometimes people get rich instantly here, if they are lucky. but i know how to earn bitcoin piece by piece so you collect them all and become perfect shape. and im not surprised when crypto value is decrease.
people worry about bitcoin price because they buy at high price and they cant sell it now, stuck on exchange and their fund cant be rotated.

[cotton ball]

Worry about how bitcoin price today is normal for investor because bitcoin still down, bitcoin look not serious when will be higher price after last moth have raise above $10k and now bitcoin back down lower under $10k, will be this year bitcoin still lower price? Usually on  this month become good moment for bitcoin can back to higher price and have many good news to make bitcoin become most expensive to allow altcoin will be in higher price too.

[Zeke_23]

Most people who are worried about BTC prices are newcomers. Because they still haven't gained experience about holding or giving up losses they can get when the price of Bitcoin goes down. A few years ago, I was worried when I first bought BTC lol. Almost every minute I check the price of BTC and my heart beats fast when the chart shows a red candle  . An unforgettable experience.

As a trader you are worried about the price doing the opposite of what you're expecting it to do. This is your occupational hazard!
Not only newcomers are worried. I'm sure that if the price fell today by another 10% you would start to worry. I sure would.

Only people who did not invest or invested long ago and don't risk anything are not worried

But I have different opinion on this as I would not be worried even if the price drops by another 10 or 20 percent when it comes to bitcoin because bitcoin has regained it's  momentum after every single dump,  this is not the case with the altcoins as they don't get a chance to pump after the value drops.

You can't feel it anyway if you are buying below $8k but what you may think if you are buying at $10k, didn't you feel the stress for it? I think it was normal to feel that way cause we are human. If we think of 10-20 percent drops it is big enough that people could feel their losses even though we believe that Bitcoin could recover later.
If you didn't mind the difficulties we have today, then that be with you...and as you've said, we have different opinion.

It is actually normal, especially buying at $10k and seeing its price now which is were at $8.3k, it will be a painful sight for an investor to see his investment to drop like that.
Worrying about an investment cannot be remove, but worrying too much can kill your wallet. It might be result to panic selling which an investor will decide to stop his losses than to lose even more of his investment.

[aysg76]

Worry about how bitcoin price today is normal for investor because bitcoin still down, bitcoin look not serious when will be higher price after last moth have raise above $10k and now bitcoin back down lower under $10k, will be this year bitcoin still lower price? Usually on  this month become good moment for bitcoin can back to higher price and have many good news to make bitcoin become most expensive to allow altcoin will be in higher price too.

From the investors' point of view, the price is still quite low to make a good purchase as I believe this could be a great opportunity to get the coin below 10k$ and not getting it now at this would only make you regret in the future. Also if you're already havin' it then there's no need to worry about the price as that would only cause you to make some hurried decisions such as panic selling which would only lead you to lose further...

[poptok1]

It is a misconception formed in the market, people are investing in bitcoin because they though that bitcoin is a quick rich scheme where they can become a millionaire after they make investments. It is a perception that we should change in order to not lose anymore money.

But what can you propose instead of "get rich quickly" slogans?
People don't seem to care about freedom and financial independence, all that most are chasing is the easy money schematics.
No sensible reasons can speak to masses, only some populistic BS. I guess we have no other choice but to accept this "propaganda of instant success" as mainstream view. People care about their fiats, bitcoin is just a mean to get more colourful pieces of paper, sad but true. There is just t to much stuff to learn about the world, for folks to wake up and see the bars of their mental prison.
Tell them about the possibility of becoming your own bank and all they will ask will be -so how many banknotes can I print?
Maybe I'm being overly pessimistic but seriously, I can't see any other way.

[mdzahed134]

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

That menas without panic selling anyone will never loss in the Bitcoin investment?  BTC price reached almost 20k$ on end of the 2017 and when a lot of new investors entered in the market but since 2018 when BTC market was hardly collapsed price was around 3k$. Just you can imagine still who investors can't recover their money. I think who guys will never replace their losses until BTC reach 20k$. Definitely huge people’s still suffering the big losses in BTC investment.              

[gandame]

Stop worrying because bitcoin is good for long investment many are invest in bitcoin when the price goes 20,000$ and some have worries because bitcoin dump the price. So maybe don't think when the bitcoin price goes up again all we have to do is set back and wait for that time.

[Golftech]

Stop worrying because bitcoin is good for long investment many are invest in bitcoin when the price goes 20,000$ and some have worries because bitcoin dump the price. So maybe don't think when the bitcoin price goes up again all we have to do is set back and wait for that time.

People who will keep on enhancing their knowledge regarding to this industry will understand the big future potential of this currency. Once the market start to rise back and more adoptions to happen, the value of your invested money will increase to the point that you'll enjoy. You won't regret anything just be patience and keep yourself in the positive side.

[jarhed]

Stop worrying because bitcoin is good for long investment many are invest in bitcoin when the price goes 20,000$ and some have worries because bitcoin dump the price. So maybe don't think when the bitcoin price goes up again all we have to do is set back and wait for that time.

People who will keep on enhancing their knowledge regarding to this industry will understand the big future potential of this currency. Once the market start to rise back and more adoptions to happen, the value of your invested money will increase to the point that you'll enjoy. You won't regret anything just be patience and keep yourself in the positive side.

Good prognosis from you. But I would not argue that way. Who then will pay us for the growth of the market? Does this need a large number of new players in the cryptocurrency market? It seems to me that growth will be very slow in the cryptocurrency market.

[jarhed]

Worry about how bitcoin price today is normal for investor because bitcoin still down, bitcoin look not serious when will be higher price after last moth have raise above $10k and now bitcoin back down lower under $10k, will be this year bitcoin still lower price? Usually on  this month become good moment for bitcoin can back to higher price and have many good news to make bitcoin become most expensive to allow altcoin will be in higher price too.

You're right, there should not be concern about the drop in the price of Bitcoin to $ 8,000. You need to use the opportunity to buy Bitcoin at such a low price. Soon there will be a shrinkage in Bitcoin mining, the price will increase.