Bitcoin's price, and our mental health.

[Wind_FURY]

No. Those are simply weak hands selling. What are their plans when Bitcoin goes back to the road to 6 digits? Buy again? Haha.

Believe.

This guy Wind_FURY is one of the dumbest, most dishonest people in the forum.

I'm the stupid one in the forum. Dishonest? No.

Using a non linear graph and trying to show a trading band is NOT VALID.  Even a dumb person can see BitCoin price has been in a downtrend since its high in DEC 2017.  

It's not valid for you, because you want to see what you want to see. The reaility is, zoom out, and see everything.

Would anyone invest in a Wall Street investment if your broker said " Believe " ?    When someone tries to tell you something and says " Believe ", that is exactly when you should RUN AWAY.  

Wall Street? Those scammers? Hahaha.

Yes, believe. DON'T BUY IF YOU DON'T.

See you in 5 years.

Only the dumbest, most uneducated fools would fall for a snake oil salesman saying " Believe "  

Bitcoin doesn't care.

Believe.

[Shasha80]

A few weeks ago when bitcoin dropped to $ 4,000 many people panicked and sold at cheap prices. There are even cases of stressful
bitcoin holders and exposed to mental health, some think to suicide. Things like this are really worrying, we if playing investment must
have a strong mentality. And you should be able to face investment risks calmly, especially the price of bitcoin is very volatile. So the
price dropped drastic is a natural thing, it will also rise again later. Evidently now the price of bitcoin has gone up to the price of $ 6200,
I'm sure in the near future will return to the price of $ 10k.

[Kurokonobasuke]

We all know the price of the bitcoin is going down deeply, because of the pandemic coronavirus. But many people that using bitcoin are experiencing such sadness because many people are regrets of sudden decline in the price market. I must to say that when the crisis comes like this it is normal to fell the bitcoin price deeply, the only thing we do is to pray that the pandemic coronavirus are gone or to find a cure for that disease and if the time comes when everything are fine, the market price are slowly going back to normal.

[HardFacts]

We all know the price of the bitcoin is going down deeply, because of the pandemic coronavirus. But many people that using bitcoin are experiencing such sadness because many people are regrets of sudden decline in the price market. I must to say that when the crisis comes like this it is normal to fell the bitcoin price deeply, the only thing we do is to pray that the pandemic coronavirus are gone or to find a cure for that disease and if the time comes when everything are fine, the market price are slowly going back to normal.

This guy is making the typical mistake of a DUMB person.   It is not the CoronaVirus that is causing the price decline of BitCoin, it is the ECONOMIC CRISIS, which will get worse and last for many years to come....

Hard Facts

[simonkn0wsbest]

That's correct. Just keep "holding" this is not the first time the market crash. What was lost can be gained again as long as you are well and sane. So hold on through this wave.

[milewilda]

Emotional people are really present always here on investment world on when the time their ports becomes deeply red then they do consider out on committing suicide to solve up the problem
which is a totally a dumb thing to be done and as said- money can still be found and possibly recovered  - . People are way too different though when it comes to emotion handling, some arent just to
that tough when it comes to difficult situations thats why suicide is the primary thing that do comes out into their mind to solve out everything without even re-thinking that life is more precious
and theres so lots or much things in this world that you can still done not just on making money.

[HardFacts]

theres so lots or much things in this world that you can still done not just on making money.

THAT DEPENDS on the person...  If a person just used " Gambling Money " to buy BitCoin, if it goes down to near zero he will be OK.   BUT, a lot of people mortgaged their houses, borrowed, used money they can not afford to lose hoping to get rich from a BitCoin investment.    These people will be DESTROYED mentally and financially if BitCoin goes down in the 1000's or below.

For some people MONEY IS LIFE, imagine trying to survive on the streets with no job, no money, and having lost everything.

Hard Facts

[DooMAD]

BUT, a lot of people mortgaged their houses, borrowed, used money they can not afford to lose hoping to get rich from a BitCoin investment.    These people will be DESTROYED mentally and financially if BitCoin goes down in the 1000's or below.

Then that's the fault of those particular people, not Bitcoin.  They'd have undoubtedly found something to lose their money on if they're doing stupid shit like that.

[LUCKMCFLY]

In moments like those in which the world is going through, the best thing is to have clear thoughts according to the most intelligent decision, what is most recommended is investment, because now what the world is most impacted on is the Covid-19. The mental health of many investors could be said to be on hiatus, since what they most want is to live, to survive. For now in those countries like China that have exceeded the fundamental are the ones that take the most advantage of improving their economy, I think it will be a matter of no more than 15 days that the price of Bitcoin continues on its recovery path.

[Wind_FURY]

We all know the price of the bitcoin is going down deeply, because of the pandemic coronavirus. But many people that using bitcoin are experiencing such sadness because many people are regrets of sudden decline in the price market. I must to say that when the crisis comes like this it is normal to fell the bitcoin price deeply, the only thing we do is to pray that the pandemic coronavirus are gone or to find a cure for that disease and if the time comes when everything are fine, the market price are slowly going back to normal.

This guy is making the typical mistake of a DUMB person.   It is not the CoronaVirus that is causing the price decline of BitCoin, it is the ECONOMIC CRISIS, which will get worse and last for many years to come....

Zoom out. What's the price decline? Look at this beautiful logarithmic chart,



Plus do you believe an economic crisis will be forever? Research what happens after an economic crisis.

Weak hands, sell! We HODL!

[wozzek23]

The last thing I ever do is to worry myself about money. Whatever happens, it has happened and there is nothing you can do about it than to endure and have patience till everything comes back in place. Yes, you're going to feel bad for losing your money, but you should take it as part of the experience you're meant to have in life and then work hard in getting back what you have lost and even bigger than your past.

The first time I invested in bitcoin I had a similar experience and that was around 2014 or 2015, that I invested $250 and within a short while the price of bitcoin dropped and what I was seeing in my wallet was around $190. I didn't worry myself because that amount wasn't much, I invested a little cause I was still new to it. But even if I did lose much, I still wouldn't bother myself, life they say is the biggest gift of all.

[Lorence.xD]

Well said mate, we are facing a crisis now, which is the COVID-19,  a very strong and dangerous virus to the point that different economy of different countries falls and even the market also falls which resulted of bitcoin dumping, but do not lose hope by that things. We had experienced these things before, bitcoin reaches for about 2000$ before but look,  the bitclin still bounce back and recovered, so I think the bitcoin will rise again, just believe to the bitcoin, do not sell your coins with lower amount.

Just hold it and wait for the bitcoin to rise again. That is the best option that you may do as of this moment. 

[hahay]

it's funny just because money or a crisis situation like this makes anyone have the intention to end his life due to economic hardships etc., however suicide is not the best way for you to go out of this problem, as explained earlier it's just a matter of money or anything and anyone certainly have the ability to overcome and improve things better with a process and indeed, this problem is only about time because most of those who do not have patience are those who do not have the good mentality to deal with all the problems that exist.

[Arcas]

Your mentality is know when trade with bitcoin and altcoin during you get lower price after you finish buying bitcoin, when you try to sell price suddenly drop and take your mentality how to control your soul become frustrated with bitcoin suddenly down or you look keep stronger.

[HardFacts]

Plus do you believe an economic crisis will be forever? Research what happens after an economic crisis.

Weak hands, sell! We HODL!

The Economic crisis will last for MANY YEARS  The Great Depression lasted 13 years.  The government is doing exactly the WRONG things, which will make this economic crisis last even longer.    So you want to HODL and hope for that long, good luck with that 

I wonder at which price you just disappear and stop posting, to ashamed to admit you were wrong, BitCoin 3000 ?  BitCoin 1000 ?

Hard Facts

[Wind_FURY]

Plus do you believe an economic crisis will be forever? Research what happens after an economic crisis.

Weak hands, sell! We HODL!

The Economic crisis will last for MANY YEARS  The Great Depression lasted 13 years.  The government is doing exactly the WRONG things, which will make this economic crisis last even longer.    So you want to HODL and hope for that long, good luck with that  

Not scared. Research each "economic crisis", and what came after those "crisis". New All Time Highs.

I HODL because Bitcoin will DELETE the legacy banking system.

I wonder at which price you just disappear and stop posting, to ashamed to admit you were wrong, BitCoin 3000 ?  BitCoin 1000 ?

Never.

You have said it, the government is doing the WRONG things. HODL. Zoom out, and look at the logarithmic chart.

[HardFacts]

Never.

I hope you do stick around no matter what !!!  It will be very interesting to see what you think when BitCion price is down in the 1000's   

I might even buy some bitcoins when they are around 1 dollar each, just because I do not mind gambling with my Lunch Money 

Hard Facts

[Wind_FURY]

Never.

I hope you do stick around no matter what !!!  It will be very interesting to see what you think when BitCion price is down in the 1000's    

I might even buy some bitcoins when they are around 1 dollar each, just because I do not mind gambling with my Lunch Money  

Hard Facts

OK, but you, you want everyone to work very hard for $30,000 every year, save in a bank, only for the government to print trillions of dollars, devaluing everyone's savings.

[HardFacts]

OK, but you, you want everyone to work very hard for $30,000 every year, save in a bank, only for the government to print trillions of dollars, devaluing everyone's savings.

I do have to admire you PASSION !!!   I hope you are here for a very long time, one day you can put that passion to something good

You are correct about your statement above, I totally agree it is so very wrong, but that is a whole different issue than BitCoin.   That is also why you should own REAL COINS to protect yourself against that.  I get why you are doing the whole BitCoin thing, and are absolutely right in your idea, you just invested in the wrong asset.

Hard Facts

[DooMAD]

The Economic crisis will last for MANY YEARS  The Great Depression lasted 13 years.  The government is doing exactly the WRONG things, which will make this economic crisis last even longer.

If that's your argument against investing in Bitcoin, I'd love to hear what you think the arguments "for" are.  You could be the greatest advocate we've ever seen.  

"Buy those government coins, they're doing it wrong and are ruining the economy"?  You see how that doesn't follow logically, right?

you just invested in the wrong asset.

I think we'll let history be the judge of that.  It seems to be more qualified than you.