airdnasxela
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November 24, 2019, 06:13:42 AM |
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This advice fit beginners since they're still afraid and there is still doubt. Don't be stressed out or afraid if bitcoin isn't doing good. While the price is still low, buy more bitcoin so when the time comes for bull run, you won't regret anything... I read the article you've given and it's a good point. For beginners, telling them the (future) benefits of bitcoin will encourage them to hold more into crypto. It was a great article op!
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blckhawk
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November 24, 2019, 06:36:11 AM |
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Dumps like these are quite normal, as well as inexplicable pumps that happened over the last months. If you are a day trader that got in on the $8K range, then you'll probably want to sell to further cut losses. But if you don't need the money right now, it is always advisable to hold, if you believe that Bitcoin would surely experience a reversal and a possible bull run. The technology is quite early and we still may experience improvements and therefore, surge of investors that would increase the positive pressure on the prices.
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znation
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November 24, 2019, 07:14:10 AM |
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Thank you for your article, it makes sense that in the past few days the market has been in a downturn. Trust is now important and keep your head cool and alert, keep your Bitcoin and the future.
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enwi
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November 24, 2019, 09:04:10 AM |
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before we decide to invest in bitcoin then we should know about bitcoin and look for reliable information about bitcoin, so we will know and be ready with all the risks that might occur including when the market goes down
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Daniel91
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November 24, 2019, 10:09:21 AM |
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before we decide to invest in bitcoin then we should know about bitcoin and look for reliable information about bitcoin, so we will know and be ready with all the risks that might occur including when the market goes down
Personal experience is much more important. When I first heard about bitcoin 6-7 years ago, I didn't take it seriously. When I finally got involved and got my first bitcoins, instead of saving them, I wasted them on nonsense. When the price of bitcoin grew very much, I realized my mistake and started over. After that, the price of bitcoin repeatedly had a big rise and a big drop, but I never repeated my mistake. I know from experience that when the market goes down, it's the best time to buy more bitcoin and to hold. After every drop in value, there is always growth and so it has been for 10 years ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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slaman29
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November 24, 2019, 10:13:25 AM |
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not just this week but even the past week , days and months we always experience this bad and unstable condition of the market . all of us here are now imune to this issue and so are you . you should practice your self as well because if not then you are going to suffer mentally , emotioanlly and physically like the one's that you state on the first sentence of your message but i do like the last sentence of your message . your still showing a hope despite of the hardships that you experience which was great to see .
I really don't get it when people feel down when the market is down or is volatile. If Bitcoin were stable and slow, no one would be interested, plus it wouldn't make sense since demand is never slowly increasing in a stable manner. Even oil shows this same volatility and even was worse in the early days. This is early days for crypto. Get over it guys:)
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LogitechMouse
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November 24, 2019, 10:48:10 AM |
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Next bottom has to be below $3k, that's what you need to remember.
If it will happen then so be it ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) . I don't care if it goes at that level since I'm a long term holder of Bitcoin although I'm using some of it to buy some of my monthly expenses and needs. I'm ready whatever happens to Bitcoin whether it goes down or goes up before we decide to invest in bitcoin then we should know about bitcoin and look for reliable information about bitcoin, so we will know and be ready with all the risks that might occur including when the market goes down
Well, that is what newbies need to do but unfortunately only few of them are doing it. Maybe some of them are just relying to what they know and they are not doing their own research about it. We know that every market has ups and downs so this is just a normal move for Bitcoin. Bears are in control at this moment that is why we encountered a sudden price drop in Bitcoin.
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crossabdd
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November 24, 2019, 10:55:09 AM |
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that was the thought that I experienced when I first invested in bitcoin. after buying bitcoin, I saw prices fall. stress, fear, reduced capital. then I asked my friend, and suggested entering bitcointalk to find information about crypto. Yep, finally I have faith that this will return. proven in 2017, all pumps and give me many advantages. so today I stay relaxed seeing the bloody market, it doesn't matter. it is not a ruin, but an opportunity, an opportunity to buy back bitcoin at a low price. to make big profits in the future.
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Shasha80
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November 24, 2019, 11:33:36 AM |
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Indeed the biggest mistake investors who experience losses when investing in bitcoin is selling it too fast, not patient enough to wait until the price goes up. Because like mentioned in the OP article that bitcoin has many advantages, so we must believe 100% in the potential of bitcoin. If we already confident with the potential of bitcoin, want to go down how deep the price of bitcoin will not be stressed and panicked. Because there is already confidence planted that one day the price of bitcoin will rise again. If the investor's perspective and thinking is like that is very impossible will experience a loss when investing in bitcoin, because they already understand when to sell bitcoin.
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angrybirdy
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November 24, 2019, 11:48:56 AM |
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Next bottom has to be below $3k, that's what you need to remember.
If it will happen then so be it ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) . I don't care if it goes at that level since I'm a long term holder of Bitcoin although I'm using some of it to buy some of my monthly expenses and needs. I'm ready whatever happens to Bitcoin whether it goes down or goes up Same here, actually it is a great opportunity for long term holders like us, so even if the price of bitcoin suddenly drops to an expected price, then we can use that chance to invest and wait for more months to harvest our profit. before we decide to invest in bitcoin then we should know about bitcoin and look for reliable information about bitcoin, so we will know and be ready with all the risks that might occur including when the market goes down
Well, that is what newbies need to do but unfortunately only few of them are doing it. Maybe some of them are just relying to what they know and they are not doing their own research about it. We know that every market has ups and downs so this is just a normal move for Bitcoin. Bears are in control at this moment that is why we encountered a sudden price drop in Bitcoin. That is because the common thing that newbie does was to think about how they earn. They will first see if it is effective then they set aside learning and continue what they are doing. Yes, this is just a normal scenario in the market for a decade, we don't get in here at the same time, but the history repeat itself, so we all have the same expectation when its price will go up and down.
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Ailmand
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November 24, 2019, 11:56:12 AM Last edit: November 24, 2019, 12:55:29 PM by Ailmand |
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As long as you are not selling, you are notnlsing anything. Do not let the current value let you sell for losses, the dip that recently occurred had happened a lot since bitcoin was created and yet when price recovers, it goes up significantly. Just hodl and never get emotional during this kind of situation and if you can, accumulate.
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Cryptoshops
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November 24, 2019, 11:59:48 AM |
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Hope it goes low so I can buy buy buy
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AicecreaME
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November 24, 2019, 12:38:29 PM |
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Next bottom has to be below $3k, that's what you need to remember.
This is also the reason why newbies are doing panic selling, because of statements that doesn't have any evidence to back your story up. It is easy to spread FOMO maybe to make others go the same shoes like yours, still if you will said such things about the bitcoin's price again in the near future, better prepared some explanation and some technical analysis to make this statement a reality, we don't need trolls here.
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maxreish
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November 24, 2019, 12:56:33 PM |
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While others are afraid that btc may go down deep more and while others are panicking and FOMO-ing, well, I don't. For I know for a fact that this bearish season will be followed by a huge pump soon. I've been there, done that. There are rumours that it will go hit again down to $3k, but this will be an opportunity to buy and to hold. Nothing to worry about and we don't have to rush things when it comes to profits. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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d3nz
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November 24, 2019, 02:21:41 PM |
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Next bottom has to be below $3k, that's what you need to remember.
That's a nice prediction but still its nit gonna happen and the value could go drop at $7k but not more than below $6.8k and i think it might recover soon and bounce back to $10k before the end of this coming december. And right now the best way is to hodl and accumulate more bitcoin since its much really good for a long term investment and definitely earn a profit once it sky rocketed its value.
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dioanna
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November 24, 2019, 04:27:58 PM |
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Next bottom has to be below $3k, that's what you need to remember.
I don't need to remember cause I think it will never going to happen and even if the price gets back to 3k I still cannot afford to buy 1 bitcoin. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Xcode7
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November 24, 2019, 04:37:55 PM |
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While others are afraid that btc may go down deep more and while others are panicking and FOMO-ing, well, I don't. For I know for a fact that this bearish season will be followed by a huge pump soon. I've been there, done that. There are rumours that it will go hit again down to $3k, but this will be an opportunity to buy and to hold. Nothing to worry about and we don't have to rush things when it comes to profits. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) You already have trust and seem to have good abilities too. I also think the same when the market goes down at a price that is far away there will be price reflection, but I can't be sure of the price. and if the price really touches $ 3k I will set aside some of my money to buy it
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DreamStage
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November 24, 2019, 04:42:22 PM |
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You should not HODL only... ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) But instead take some of your portfolio and increase it with other coins such as alts if you are an investor. If you intend on waiting for the big price jump well that might not actually happen or happen depending on the circunstancies the world gets into. You should be always informative on alert for any situational improvement on the Cryptos prices but u shouldnt as well become too passive or too active. Else you will end up losing big time. Imagina that next halve doesnt increase the value and instead drops it even more hypothetically ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Nothing to see here
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Meowth05
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November 24, 2019, 04:59:52 PM |
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The last week has been a little bloody... And yet, after all we've been through, I have grown numb to this feeling. Stress, sleepless nights, etc... these are all a thing of the past. In fact, I just had a delicious breakfast with my girlfriend. For those of you that are scared of the current situation, awaiting for a sell-off, its best to remember the long-term benefits that Bitcoin and crypto bring to the table. I recently wrote an article outlining the most important ones. Instead of getting sweaty palms thinking of the next 24-hours, use your time wiser and educate yourself by reading my post: https://paybis.com/blog/benefits-of-cryptocurrency/Hold onto your BTC, we are the future millionnaire generation. If you really have an experience in this industry then you should not worry about these dump because you definitely know how the market move and how to deal with it. I have been in this industry for a long time and when I saw the market is in bear trend I knew what is the do's and dont's like panic selling. If FOMO have infiltrate your system this would be a problem.
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Oceat
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November 24, 2019, 05:10:34 PM |
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Why do you guys have to react like it's the end of Bitcoin where in fact the recent dump wasn't that too long compared to the days where Bitcoin stay for over a month with the a price of 10k to 8k. Where are you from that time? Do you guys think that Bitcoin will eventually drop to almost zero because it just drop the price this week?
When the market goes down remember that this is a great moment to buy and hodl! Always remember that.
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3996
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