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Author Topic: Stop Worrying about the Bitcoin Price  (Read 1179 times)
Doell
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October 27, 2019, 12:28:18 PM
 #141

Because the market is influenced by large holders, including those who influence. I agree with you that if we buy bitcoin or invest crypto many things will come without our control. Considering this is a high risk, it is better not to worry about prices and more to worry about how you can survive in the crypto market.
survive from crypto is quite easy you dont sell if you lose mate and continue to reach a profit ,panic because the price is reasonable I mean but dont be provoked when conditions occur keep hodl

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October 27, 2019, 12:30:25 PM
 #142

Yes exactly we need to stop worrying about the prices as this create more panic situation leading to dump situations in the market and ultimately we loose our profits.We need to control our nerves and think btc as mode of payment and investment oppurtunity for the long run which will surely give you returns.With time the technology will be more developed and issues relating to transaction fees,speed,volatility can also be reduced which can create more adoption at global level.So wait for that time and until that HODL.
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October 27, 2019, 12:44:11 PM
 #143

I think personally no one should have to worry about Bitcoin price because there are mainly two reasons behind this

1) The price of Bitcoin is not controlled or evaluated by any authorized entities.
2) The Bitcoin has the ability to divide into multiple units, where every unit can be identified and can be traded.

Considering these two factors according to the specification of Bitcoin there is no worry about the price of Bitcoin. Bitcoin is basically offering an innovative and revolutionary platform for investment. But it needs more concentration, information, knowledge, and understanding.
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October 27, 2019, 12:49:55 PM
 #144

Its nature of majority of people in world that they are worrying about money. Money is need of every person in world its obviously true But only money is nothing. I think everyone in the world need to think about an exemplary system in which all people are equal and everyone can get its right in response of its work. My research about bitcoin is designed to bring such exemplary system so that everyone can get its own right and decrease princess system and destroyed difference between rich and poor forever.
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October 27, 2019, 12:57:25 PM
 #145

As long as you look at the price of bitcoin every minute of your life, you cannot sleep well. People should not focus on the short movement of bitcoin because its highly volatile. The good thing right now is that, the price starts to recover and its good for those who don’t panic sell, it will rise big again soon.

More people are for profits or thinking the investment aspect of bitcoin not taking into consideration the original purpose of bitcoin which is a digital currency for peer to peer transaction. To some investors, price is all that matters, I can’t blame them because if the price is high then they can get big profits. On the other hand, I agree that the price is now recovering so we just have to trust in bitcoin.
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October 27, 2019, 01:11:10 PM
 #146

Bitcoin is solving a problem of high inflation and centralization. People might not realize this right now but soon owing to the instability in the global economy, Bitcoin can emerge as a n alternative to fiat currency. Right now the marketcap isn't enough to sustain global economy and people are hesitant because of little or no education. But this will likely to change in future. We are in initial phase of BTC development and price volatility is expected to be high around this point. But this will improve in future.
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October 27, 2019, 01:16:44 PM
 #147

I think personally no one should have to worry about Bitcoin price because there are mainly two reasons behind this

1) The price of Bitcoin is not controlled or evaluated by any authorized entities.
2) The Bitcoin has the ability to divide into multiple units, where every unit can be identified and can be traded.

Considering these two factors according to the specification of Bitcoin there is no worry about the price of Bitcoin. Bitcoin is basically offering an innovative and revolutionary platform for investment. But it needs more concentration, information, knowledge, and understanding.

When we enter crypto, one should understand the risk in it. The price is too volatile but when we research it and see some aspects how it can increase in time then we can used those opportunities. The fact that is it not controlled we can used it privately for our invest.ment. There just really advantage and disadvantage in it that we know what to do on those events. So stop worrying too much set realistic timeline and amount we wanted to reach it.

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October 27, 2019, 01:28:52 PM
 #148

I think personally no one should have to worry about Bitcoin price because there are mainly two reasons behind this

1) The price of Bitcoin is not controlled or evaluated by any authorized entities.
2) The Bitcoin has the ability to divide into multiple units, where every unit can be identified and can be traded.

Considering these two factors according to the specification of Bitcoin there is no worry about the price of Bitcoin. Bitcoin is basically offering an innovative and revolutionary platform for investment. But it needs more concentration, information, knowledge, and understanding.


You are right, but it also depends on the person who is involved in this system. There are different types of people, investors and speculators. Investors who see the future and just keep bitcoin, such people do not need to look at the current price. And there are speculators who are interested in getting rich right here and now, now they are very worried about the current price and where it will go for several days. We are on https://neironix.io tracking both those and those people. But we believe that Bitcoin has a bright future and it’s better not to waste your nerves on short-term movements, but rather to direct efforts towards the development of all the cryptocurrency and blockchain industries.

https://neironix.io/
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October 27, 2019, 01:33:40 PM
 #149

Sometimes I think the whales are making a game, as a market maker they have a big influence, supported by rumours, news and the hottest issues related to cryptocurrency will definitely give a greater impact in moving the market and other small fish will follow. Actually, seeing bitcoin price movements that always increase when viewed from a long time frame, then there is little hope that you will not be disappointed if you are sure and able to control your mind and emotions in holding.
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October 27, 2019, 01:34:29 PM
 #150

The value of bitcoin directly affects its holders, and gamblers and margin players are strongly influenced by it. I think the last person to get big profits is the speculators. At this point, BTC value has stabilized in the 9-10k zone after a sharp volatility a few days ago! This is a good sign for a strong growth in 2020

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October 27, 2019, 02:38:06 PM
 #151

The hold is the oldest way in the bitcoin community, but it less attractive for most people due to the volatility of bitcoin which makes it possible to gain profits. The profits that could be used to buy more bitcoin, if there is a chance to get more bitcoin, why just watching the opportunity just passed by.
That's why we should worry about bitcoin price Cheesy
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October 27, 2019, 03:57:45 PM
 #152

The hold is the oldest way in the bitcoin community, but it less attractive for most people due to the volatility of bitcoin which makes it possible to gain profits. The profits that could be used to buy more bitcoin, if there is a chance to get more bitcoin, why just watching the opportunity just passed by.
That's why we should worry about bitcoin price Cheesy

The people will also do the price of it. How will you buy a bitcoin using a profit? If you hold the bitcoin and it doesn't get a new bitcoin by holding a bitcoin. You can gain a profit or gain another coin by using trading because it can increase the value of another coin by using your coin and by the volality of price can help the traders.



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October 27, 2019, 05:04:03 PM
 #153

Exactly, I agree. Once you've invested on it you tend to bargain everything. Just leave it for awhile. We must not worry about the price because there's only two chances, to go high or to go low. Either of the two, we always hope for the highest price. Otherwise, we'll wait and/or buy more of it.

Possibly, as long as bitcoin isn't been decrypted by quantum computers, there's always a hope for an increase on its market price. Though, there are whales that sells their own crypto in a huge volume, despite of this, it has been evidently regaining its market price. In this case, Worrying about bitcoins price is the same as worrying about the future of bitcoin itself. As we all know, bitcoin price is one of the factor why altcoins has a huge markatcap, worrying in bitcoin could be decreases, if we consider the benefits of altcoins andstable coins.
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October 27, 2019, 05:29:18 PM
 #154

yes, im agree with you. we should never underestimate btc and the blockchain technology.coz in the near future with the technological developments everyone is gonna understand how usefull this currency system. and one day this will be our main global digital currency system which anybody can use for anything very easy manner. trust me our lives gonna be so easy...

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October 27, 2019, 05:48:15 PM
 #155

As long as you look at the price of bitcoin every minute of your life, you cannot sleep well. People should not focus on the short movement of bitcoin because its highly volatile. The good thing right now is that, the price starts to recover and its good for those who don’t panic sell, it will rise big again soon.

More people are for profits or thinking the investment aspect of bitcoin not taking into consideration the original purpose of bitcoin which is a digital currency for peer to peer transaction. To some investors, price is all that matters, I can’t blame them because if the price is high then they can get big profits. On the other hand, I agree that the price is now recovering so we just have to trust in bitcoin.
People preferably use this currency for making profits via investment and trading simply because Bitcoin is undeniably volatile which is perfect for these kind of transaction. However, Bitcoin is versatile we can use it whatever way we want either peer to peer transaction or profitable transactions. Regards on recovering of Bitcoin, we should not worry about it especially now that the Bitcoin chart conveys a good movement.

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October 27, 2019, 05:55:55 PM
 #156

The hold is the oldest way in the bitcoin community, but it less attractive for most people due to the volatility of bitcoin which makes it possible to gain profits.
If you are a day trader then the high volatility in the market is what you should look for to make profits in a short period of time but if you are not an experienced day trader then having patience is the solution as that is the safest option, majority of the traders who flock the future market are traders who knows how the market will perform on a daily basis and if you look at the volume in those sites you will understand why people prefer these volatility than a stable price in bitcoin .
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October 27, 2019, 06:19:49 PM
 #157

I do not worry about the price but the only thing I worry about is that next bull run is starting and I am in no way prepared for it. I wish we had at least two or three Bitcoin now and then I would feel that my time in Crypto would have been worth while. Anyway Kudos to all of those people who made it well as early adopters. Of course it is not too late to start accumulating small amounts even nowadays, but I think the main money now has been made and now most of the leverage and futures traders are taking the rest of the profits. I hope that some of us who did miss out on the last bull run, get the chance to make some Bitcoin in this next round sooner rather than later of course.


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Wysi
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October 27, 2019, 06:26:55 PM
 #158

The hold is the oldest way in the bitcoin community, but it less attractive for most people due to the volatility of bitcoin which makes it possible to gain profits.
If you are a day trader then the high volatility in the market is what you should look for to make profits in a short period of time but if you are not an experienced day trader then having patience is the solution as that is the safest option, majority of the traders who flock the future market are traders who knows how the market will perform on a daily basis and if you look at the volume in those sites you will understand why people prefer these volatility than a stable price in bitcoin .

Volatility is always a gaining factor for trader and it's an opportunity for day traders to learn the art of trading starting from low volume and gradually bidding for high volume. I think we need to understand the fact that somebody's loss is somebody's profit. Volatility is important for people to make profit wherein whales take huge share and smart fishes take their share of profit but beginners are at the receiving end. We are heading away from the purpose of crypto as it wasn't meant for just investment as it was to make our lives easier.

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October 27, 2019, 07:38:32 PM
 #159

It is not abnormal to get worried about something that you have invested heavily in it. Those who have been there for many years are still fell behind their TA. cryptocurrency, in general, is so volatile and calls for worrying

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October 27, 2019, 08:20:44 PM
 #160

The last days have proven your suggestion to be true, BTC had a phenomenal rally upwards. I dont think that nay of us thought that this will happen, every single TA showed that it will go lower than 7500, then few hours later it skyrockets to 10k. So yes, dont worry about the price.

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