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Author Topic: Learn to laugh even if Bitcoin is crashing  (Read 1542 times)
virasog
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April 23, 2021, 06:16:03 PM
 #41

I am laughing right now that the price is crashing because I know that I will be able to afford more bitcoin and I can be at peace because I will not be tempted to sell my bitcoin because I know that I won't get a big profit so I can hdl at peace and wait for bitcoin to go back up again with more bitcoin in my possession.

When the bitcoin price is dropping, its better to stay away from the market. I usually logout my exchange account in such times so that i am not tempted to sell in loss and in panic. Its human nature that when you see price dropping, a lot of fear begins to develop in your mind and the best way to avoid making any wrong decision is to stop seeing the prices.
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April 23, 2021, 06:39:34 PM
 #42

 I bought in the mid 50's.  I'm not concerned about being underwater today, but in the ride up there will clearly be frequent predictable 10-20K drops, so I should not hold at $55K.  It may pay to keep trading it up.  Meaning I should next sell at 60K + and buy at 55K then sell at 70k and buy at 60k.  This is a predictable pattern for BTC, no? 
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April 23, 2021, 07:09:43 PM
 #43

this will happen and be emotionally prepared not to make the same mistakes most traders do in the past. So yeah, doing the things you love the most to relieve your stress and have quality time for yourself.

So agree with this statement. experiencing it real with your asset it much difficult than just imagining it. we choose what we want to feel, if we want goin stress its gonna make people going do greddy action in market. if cut loss its really needed just do it as long keep buying it.
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April 23, 2021, 07:21:02 PM
 #44

Crashing bitcoin price is the best time and great opportunity for me to buy back, but I late because last night I put litecoin buy order, when wake up my order filled and price dump. Not worry because bitcoin will back to higher price but if I have chance I get buy back litecoin and other altcoin with lower price.
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April 23, 2021, 08:24:53 PM
 #45

Laughter when BTC is like this will be a little comforting.
I have several FIAT pieces that were used when there was a big dump like now. I held onto a few coins that had good potential and bought them again at their current low prices.

There's nothing wrong with Holder, it's a great opportunity to buy cheap. The price will come back good and give you some profit in return.

Don't forget that technical and fundamental analysis is the benchmark for the market and where the market is going.
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April 23, 2021, 08:27:06 PM
 #46

Laugh and hold if already bought, buy more if still have capital or maybe short BTC if dare to do it. I think as traders must know any moment so they not missed it. Especially now there are a lot of way to do trading activity like future, which can we use when bitcoin price still on bear trend.

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April 23, 2021, 09:17:35 PM
 #47

It’s their turn to laugh at us HODLers after many months of laughing at them.

Quote

Now that #Bitcoin  is back below $50k I think it's time for @APompliano to tweet out $1k milestones on the way down the way he did on the way up.

This isn't the best time to laugh at holders I think those who has left out on bitcoin should seize this opportunity to invest. Because once it retraces we should be expecting a major spike that would cause a major bullish trend in bit coin price.

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April 23, 2021, 09:27:09 PM
 #48


Peter is in the business for all his life so he knows how all these fud works for their advantage. He must have been doing all this dirty work since his first day in his job. From the Stock market fud to the crypto market. He couldn't make himself announce that he is buying BTC since he'd be kicked by his boss if he does but his son can declare owning BTC.

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April 23, 2021, 09:33:31 PM
 #49


Peter is in the business for all his life so he knows how all these fud works for their advantage. He must have been doing all this dirty work since his first day in his job. From the Stock market fud to the crypto market. He couldn't make himself announce that he is buying BTC since he'd be kicked by his boss if he does but his son can declare owning BTC.

I am more than positive, that this kind of person is secretly buying some btc stash when he feels it is in his advantage. But of course, he will say something different to the public. But he is somehow promoting bitcoin also, because even with his negative remarks will create curiosity among the public. So one way or another, it is still good to have this kind of person who is indirectly promoting the very subject by his own negative perspective.
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April 23, 2021, 09:42:41 PM
 #50

Well we can only laugh when we know that it's not dying, it's normal to go low for a while since bitcoin is strong and will surely increase again. But for those who're new and don't know? they will panic for sure lol and sell all of their bitcoin.
But well surely it'll be good for those who hold and wait patiently though, since their patience will bear fruit sooner or later, and those who sold it will only regret it again, like what happened before.

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April 23, 2021, 09:47:30 PM
 #51

Let's laugh together, smiling at every condition of the crypto market. Being stressed or even depressed will not also help. So, it is better to laugh, smile, and also keep calm. Utilize every down market to gain more BTC before pumping again  Grin Grin Cheesy

I'm laughing because many people tell me that BTC is dying. But i'm just buying it when it dips because i know it'll grow. This happened so many times lol.
No worry, every fudder will be always here around us, saying BTC will go to zero, Bitcoin is a scam, and bla bla bla..

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April 24, 2021, 12:06:10 AM
 #52

Nice tweet to relax us!
Peter Schiff is a man who also tracks bitcoin prices as his son said in a comment on this tweet. Peter also received a kind reply from Pompliano. The times I see a tweet from Peter is these circumstances some about bitcoin. I still remember when in a tweet he said that he lost his seed from his bitcoin wallet. That tweet was hilarious!

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April 24, 2021, 02:06:49 AM
 #53

What “crashing”?  My ticker still says that 1 BTC = 1 BTC.  The market is boring.

$1 is now hovering around 2k sats, and €1 is above 2400 sats, so I guess the shitcoin bulls are getting a reprieve before their stupid fake money continues sinking.  But it’s a bull trap, I tell you.  As a permabear, I think that this temporary bubble is a great time to DuPM your central bank shitcoins.  GET OUT while you can still get some real money!

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April 24, 2021, 02:57:41 AM
 #54

I bought in the mid 50's.  I'm not concerned about being underwater today, but in the ride up there will clearly be frequent predictable 10-20K drops, so I should not hold at $55K.  It may pay to keep trading it up.  Meaning I should next sell at 60K + and buy at 55K then sell at 70k and buy at 60k.  This is a predictable pattern for BTC, no? 
That depends on how surely you can predict the next high or the next low. It is not really predictable but the swings are much more than other trading places like the stock market.

Many people who have been doing this for a long time would also tell you that it is better to just HODL. What some of us do is to keep a part exclusively in BTC. That stash is only meant to be added to and not fiddled with. So we buy the dips and don't touch it. The other part can be your play money to have "fun" with and compound that portfolio by buying low and selling high. Mighty hard to do for even the best traders. Those who do it consistently, tend to keep the secret.
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April 24, 2021, 03:36:29 AM
 #55

It’s their turn to laugh at us HODLers after many months of laughing at them. But most importantly, learn to laugh at yourself. It relieves stress. Cool

Peter Schiff = 1, Anthony Pompliano = 0. Hahaha good joke.

https://twitter.com/peterschiff/status/1385424232818089990

Quote

Now that #Bitcoin  is back below $50k I think it's time for @APompliano to tweet out $1k milestones on the way down the way he did on the way up.

How we show and overcome challenges is how we step by step to success with results.  Most people mistakenly think going into this space will be easy.  Oh no, it always takes your mind, becomes a habit through price updates, you will lose sleep for that if you lose your optimism and trust.  Don't try if you don't want to do it.  Overcoming a state of inhibition, psychological domination.  That is the mentality of successful people.  And I'm on my way to learning the best, who are professional and impartial professors.  Lol
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April 24, 2021, 04:29:39 AM
 #56

Peter Schiff = 1, Anthony Pompliano = 0. Hahaha good joke.
Eventually, the self acclaimed "Chief Economist and Global Strategist" @PeterSchiff, will be the ultimate loser in this war of words.

The crash isn't even deep as what a dip normally does. It's just a minor correction and I'm certain most investors would be expecting it to get down more so they can jump on the chariot. Any sensible person knows that Bitcoin has come to stay and as such any slight correction is an opportunity to get in or accumulate more. Over 600% within a year as ROI isn't an easy feat for any project to achieve. Definitely, Bitcoin will still pick up fresh ATH before the end of 2021.

Before you boast of your material acquisition, take a stroll to a morgue and there you will find those who were once better than you're. Only fools think they've it all. Stay humble 🤔
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April 24, 2021, 05:33:57 AM
 #57

I guess dealing with yourself is the most effective way to relieve stress when holding bitcoins. Laughing may help but still it made your heart beats hardly if I presume. Telling when or what's the cause of the sudden change of price is difficult since it is so volatile it could drastically changed overnight or for a few days if there are some group that holds so many btcs and they simultaneously sold their btcs then it might change the price rapidly. At this rate the peak price might not recover for these year in my opinion only hehe.
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April 24, 2021, 05:58:11 AM
 #58

It’s their turn to laugh at us HODLers after many months of laughing at them. But most importantly, learn to laugh at yourself. It relieves stress. Cool

Peter Schiff = 1, Anthony Pompliano = 0. Hahaha good joke.

https://twitter.com/peterschiff/status/1385424232818089990

Quote

Now that #Bitcoin  is back below $50k I think it's time for @APompliano to tweet out $1k milestones on the way down the way he did on the way up.


There's nothing we can do with it the crash already happened so instead of getting stress out of latest market upset better laugh than crying.

But one thing we need to do know to avoid heavy stress is to uninstall bitcoin price tracker and hodl, avoid dumping since it will make us lose our money.


Or you should zoom out the chart to the maximum. It’s simply another golden opportunity to buy the dip, and HODL. Do I believe that “this is the dip” to buy? Not yet, we should wait. I hope some close friends and family will listen to me during the next cycle, when Bitcoin undergoes another great dip to $60,000 from ATH. Cool

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April 24, 2021, 07:06:54 AM
 #59

I guess dealing with yourself is the most effective way to relieve stress when holding bitcoins. Laughing may help but still it made your heart beats hardly if I presume.
That's the first thing to do when you are investing in the market, take control of your emotion because you need to be practical about your decisions and be logical.

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April 24, 2021, 09:34:01 AM
 #60

I guess dealing with yourself is the most effective way to relieve stress when holding bitcoins. Laughing may help but still it made your heart beats hardly if I presume.

That's the first thing to do when you are investing in the market, take control of your emotion because you need to be practical about your decisions and be logical.


But more than 50% of people in Bitcoin usually take the path that leads them to lose their emotions, make illogical decisions, and use their Bitcoins in a non-practical way by trading them with shitcoins.

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