maxreish
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June 05, 2020, 04:07:16 AM |
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At some point, those who disappear after the market dumped were not the true believers of bitcoin. You know, that in the first place bitcoin is not stable and that we may tend to profit or become deficit. But the fact that the price flactuates is some kind of a hope or opposite to others. If we tend to patiently wait like most of us here are doing, then we guarantee success at the end. Remember that bitcoin will not always bear and will not always down.
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AniviaBtc
Sr. Member
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June 05, 2020, 06:40:06 AM |
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Bitcoin has come a long way, little by little. It takes a lot of time and effort to get acquainted. However, I believe that its use will soon increase worldwide as a 100% reliable currency. Panic by Sell is everywhere. It will always be in the future. It has greatness, so there is no need to think too much about it. As soon as the use of Bitcoin increases in online payment methods and real life, people's confidence will increase and it will be possible to avoid Tax by converting their capital to Bitcoin when they know when they will enter Bitcoin.
Effort, time and patience are the requirements for you to become successful in your investment. You just need to deal with the things that are happening in the market, you need to learn how to adapt and adjust so that you will become more effective in the market. People are panicking when they see that the bitcoin's price dropped. You need to plan all of your actions in manipulating your bitcoin, you should not make any decision without studying the market or if you don't have any basis to perform transactions. Most of the people are losing their money because of greed, so learn how to stay patient and wait for the right time to buy and sell bitcoin.
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michellee
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June 05, 2020, 06:43:11 AM |
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At some point, those who disappear after the market dumped were not the true believers of bitcoin. You know, that in the first place bitcoin is not stable and that we may tend to profit or become deficit. But the fact that the price flactuates is some kind of a hope or opposite to others. If we tend to patiently wait like most of us here are doing, then we guarantee success at the end. Remember that bitcoin will not always bear and will not always down.
Correct. Many people can't be patient to wait for a while, and they decide to sell their bitcoin at the wrong time. But I guess that in the end, they will learn about the patient so that can help them to wait until the price can back to the higher price. The other trader who leaves the market when it's dumped will not back for temporary because they get trauma from the last experience. Maybe they will not come back to the market again.
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winterlemon912
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June 05, 2020, 12:34:43 PM |
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Rome wasn't built in a day, and Bitcoin won't take off to the moon right now. It will take a lot of improvement, a lot of new technology and a lot of hard work.
The people who buy in rallies and sell during bear markets and then don't believe in bitcoin anymore are clowns. If the price went to 25k in the next few months I guarantee it that the community will double maybe even quadruple in just a few days.
And then if it dropped back to 15k, suddenly most of these people will disappear again. They won't believe in bitrcoin and they will not care.
If you don't want your money to be created by bankers and the government at their whim the actual price of bitcoin is secondary. Bitcoin is a central part of the puzzle when it comes to the people getting back their sovereignty.
I think that you are right that patience is the one prevailing matter here in cryptocurrencies and in bitcoin also because patience is the one that will help us earn more in this field because we need to earn more within the time that we are also consuming so it is important to have patience always because it will be really more rewarding to you if you understand the matter of what you can earn with what you are gonna be earning so it is important to not be hasty in your decisions but instead be wise and have long patience and it will help you be successful here in cryptocurrencies
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yazher
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June 05, 2020, 01:05:39 PM |
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This is one of the reasons why there are lots of investors who hold at least 1 BTC for each one of them. these guys are planning to hold this 1 BTC for the long term and they have encouraged themselves to not listen to any bad thing about bitcoin. One thing we will need in investing on BTC is to have patience, especially those who are planning to hold their BTC for years. You just need to learn how to wait and you need to understand that often visiting the crypto market to watch the price every day will lead to some kind of light panic and if not halt, you might end up selling your BTC to a lower price.
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agourbet
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June 05, 2020, 01:40:35 PM |
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Bitcoin is a free protocol and software to use. Anyone can participate and win/lose during the participation. The ones that came and go because of the bitcoin price are not clowns,in my opinion. They are a useful component of the ecosystem. They will promote bitcoin when the price goes up and will demote it when the price goes down. Either way they are a free marketing machine and they will bring attention to Bitcoin whenever they feel sad or good. Some of the people that will hear Bitcoin from them, will like the software/protocol/idea and will participate in the network, with whatever way they can. This is the beauty of Bitcoin network. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Pumuckel21
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June 05, 2020, 05:13:54 PM |
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I am with the OP here, so if Bitcoin moons it mighht attracct a lot of newbies, but if 50% of these newbies will interact with crypto and realizie the benefits of crypto it is a good aspect as well.
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Sanugarid
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June 05, 2020, 06:12:58 PM |
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At some point, those who disappear after the market dumped were not the true believers of bitcoin. You know, that in the first place bitcoin is not stable and that we may tend to profit or become deficit. But the fact that the price flactuates is some kind of a hope or opposite to others. If we tend to patiently wait like most of us here are doing, then we guarantee success at the end. Remember that bitcoin will not always bear and will not always down.
Correct. Many people can't be patient to wait for a while, and they decide to sell their bitcoin at the wrong time. But I guess that in the end, they will learn about the patient so that can help them to wait until the price can back to the higher price. Yet we cannot blame them coz what if they really a money? especially during these times that we really need it, it is their full responsibility to keep away out from the market. And since we be talking about patience in here, I've seen a lot of people be confused on what patience are we talking about, if it is the patience to wait for the market to run good so we can sell out our coins or the patience to wait for the bitcoin to be adopted in the real world. What you got on these two? The other trader who leaves the market when it's dumped will not back for temporary because they get trauma from the last experience. Maybe they will not come back to the market again.
If that's the case then they are really for the crypto market, coz from the beginning it's been that way that you have to deal with simply this industry is pretty volatile. It's not trauma that caused them to not to come back to the market, it is the affordability mate.
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coinfinger
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June 05, 2020, 07:31:31 PM |
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Everyone follows their own ways. We are never the same and we all have different belief and how we live our lives and do business. It's not everyone that can invest in Bitcoin and I do tell some of my friends that if they don't have enough money to invest in Bitcoin and have patience, then it's best to leave it for now and work hard whatever safe and less risky way they choose to do so, and after they might have raised enough money they can get back to investing their money in whatever asset or stock they choose. I do see some people that became millionaires.
Bitcoin is so far highly rewarding all the people who opt to hold for years rather than active traders nor short term holder. If you have patience then you can easily become a bitcoin billionaire in coming years. Not all the people are minding about saving bitcoins for their retirement life but in my culture we value saving and surprisingly bitcoin works as per my culture.
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XCANA
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June 05, 2020, 07:46:38 PM |
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Those who bought bitcoin during the bullish trend shouldn't be given any name of sort like clowns because there might be reasons why they did that. There are different challenges in life and those who face life have different approach to life solving. If they sold to save life then they're good but outright selling for panics isn't encourage. Holding bitcoin has helped me got some deceit profits some years back and I love to keep for future purpose.
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LUCKMCFLY
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June 05, 2020, 09:42:51 PM |
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The Bitcoin market has reached maturity, since it has passed its Accumulation stage from 2014 to 2017 and its Distribution stage in 2018, which is normal in a market, nowadays it has been going through the Accumulation stage but as the Fundamental Covid-19 has passed, it has made unexpected changes.
In the Stock Market it is normal for these changes to occur, in fact the important changes occur every 8 to 10 years, the BItcoin market the accumulation stage has been somewhat faster, this is due to the enormous volatility that exists.
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winterlemon912
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June 05, 2020, 10:33:25 PM |
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Rome wasn't built in a day, and Bitcoin won't take off to the moon right now. It will take a lot of improvement, a lot of new technology and a lot of hard work.
The people who buy in rallies and sell during bear markets and then don't believe in bitcoin anymore are clowns. If the price went to 25k in the next few months I guarantee it that the community will double maybe even quadruple in just a few days.
And then if it dropped back to 15k, suddenly most of these people will disappear again. They won't believe in bitrcoin and they will not care.
If you don't want your money to be created by bankers and the government at their whim the actual price of bitcoin is secondary. Bitcoin is a central part of the puzzle when it comes to the people getting back their sovereignty.
Patience is really a virtue because every one who has a successful career with crypto currency has a long patience and those guys who doesn't have enough patience is lossing their opportunity tobe rich so patience is really important for all of us especially for those who is dedicated to be rich with using crypto currency. But we cannot just have only patience and no hard work because hard working is also important and if we don't have it, we cannot survive the daily routine of crypto currency.
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rathaha10
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June 05, 2020, 10:59:15 PM |
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Rome wasn't built in a day, and Bitcoin won't take off to the moon right now. It will take a lot of improvement, a lot of new technology and a lot of hard work.
The people who buy in rallies and sell during bear markets and then don't believe in bitcoin anymore are clowns. If the price went to 25k in the next few months I guarantee it that the community will double maybe even quadruple in just a few days.
And then if it dropped back to 15k, suddenly most of these people will disappear again. They won't believe in bitrcoin and they will not care.
If you don't want your money to be created by bankers and the government at their whim the actual price of bitcoin is secondary. Bitcoin is a central part of the puzzle when it comes to the people getting back their sovereignty.
You are right, a lot of people only care about the price of bitcoin and the profits they can take off from it due to it's volatile nature of moving up and down and as such, they tends to abondon cryptocurrency when there is extreme bear in the market. A lot of wprk really need to be done, i believe if we can get the general public to accept bitcoin the more, it will stop the volatility as the market will be driven by the force of many people instead of selected few. If the algorithms of bitcoin network canbe Improve, it will really help a lot in pushing bitcoin for mass adoption
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michellee
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June 06, 2020, 02:32:30 AM |
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Correct. Many people can't be patient to wait for a while, and they decide to sell their bitcoin at the wrong time. But I guess that in the end, they will learn about the patient so that can help them to wait until the price can back to the higher price.
Yet we cannot blame them coz what if they really a money? especially during these times that we really need it, it is their full responsibility to keep away out from the market. And since we be talking about patience in here, I've seen a lot of people be confused on what patience are we talking about, if it is the patience to wait for the market to run good so we can sell out our coins or the patience to wait for the bitcoin to be adopted in the real world. What you got on these two? Maybe they use a wrong strategy to use all of their money to trade so when the market is going down, they don't have back-up money, and that can makes them to sell the coin at a loss. The patience that we talk is about how we can be patient to wait until the market to run good or until the price can increase at least, more than the price we buy so they can close the trade and make some profit. The other trader who leaves the market when it's dumped will not back for temporary because they get trauma from the last experience. Maybe they will not come back to the market again.
If that's the case then they are really for the crypto market, coz from the beginning it's been that way that you have to deal with simply this industry is pretty volatile. It's not trauma that caused them to not to come back to the market, it is the affordability mate. I think they join in the market because of the trend that they see in social media, and make them curious, so they think that it is easy to try. But the fact is, trading will be more than they think, and it needs to learn to trade before they use their money. Some people will be afraid to enter the market again, and some of them still hold their coins for a long time. Maybe it's trauma or maybe it's not trauma because we don't know what they think.
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lienfaye
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June 06, 2020, 02:44:19 AM |
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Its a human nature to see an investors getting interested to engage themselves in crypto if the market is in bullish trend. Because they want to earn and join the hype of increasing price, though we know its not the right timing to buy and a risky decision if ever you want to own bitcoin or alts.
The fact that some of us are only after earning through crypto and not here because of the technology and what it can do our lives, are the reasons why some people are quitting because they cant stand seeing the market in bearish status.
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Janation
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June 06, 2020, 09:53:11 AM |
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I am with the OP here, so if Bitcoin moons it mighht attracct a lot of newbies, but if 50% of these newbies will interact with crypto and realizie the benefits of crypto it is a good aspect as well.
I am good as long as people are continuing to use it. There are a lot of people I know that say they are keeping an eye on the price of Bitcoin. I don't know what happened to them since they're not really giving me updates to what they are doing now. The price is not that bad right now but I am always telling them that this time, this price might still be a bad time to invest, better wait for a little bit longer. If the price increases, people will still wait before they invest to it since I don't think they would be buying at that high price.
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Rulelies
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June 06, 2020, 07:16:35 PM |
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Bitcoin is not an investment for now. bitcoin is for the future it might be 5 years or even more but that time even 0.00001btc will worth a lot. So the 1Btc you have now can will worth so much.
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noormcs5
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June 06, 2020, 08:01:19 PM |
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At some point, those who disappear after the market dumped were not the true believers of bitcoin. You know, that in the first place bitcoin is not stable and that we may tend to profit or become deficit. But the fact that the price flactuates is some kind of a hope or opposite to others. If we tend to patiently wait like most of us here are doing, then we guarantee success at the end. Remember that bitcoin will not always bear and will not always down.
Those who dump bitcoins are not necessary those who have no trust in bitcoins, infact they are mostly the big traders or whales which sell high quantity of bitcoins and later they buy them cheap again. This is how this pump and dump cycle continues and bitcoin price is never stable.
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mersal
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June 06, 2020, 09:05:37 PM |
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People who invest and the oeak and selling at the bottom are inexperienced in investing sector because the perfect time for an Investor to jum into any investment is when people selling of their assets.Long term is the real profitable in cryoto as well but high volatility on crypto prices made people to think that they can become rich in no time so they invest when everyone investing and when there is a dumo they sell for loss and quot the market.
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verita1
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June 06, 2020, 09:30:03 PM |
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At some point, those who disappear after the market dumped were not the true believers of bitcoin. You know, that in the first place bitcoin is not stable and that we may tend to profit or become deficit. But the fact that the price flactuates is some kind of a hope or opposite to others. If we tend to patiently wait like most of us here are doing, then we guarantee success at the end. Remember that bitcoin will not always bear and will not always down.
Those who dump bitcoins are not necessary those who have no trust in bitcoins, infact they are mostly the big traders or whales which sell high quantity of bitcoins and later they buy them cheap again. This is how this pump and dump cycle continues and bitcoin price is never stable. It all makes sense because Bitcoin's price is unstable, but the community that believes in Bitcoin is not passed out. We may not have large amounts but we still support it, bitcoin is our freedom and we will not let it escape.
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