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carlfebz2
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June 01, 2021, 05:42:05 PM
 #61

I am angry rn I knew I should execute all my crypto yesterday when China anounced ban.
Now all my crypto 30% down.  and it will take 3 years to recover.


I think it wouldn't need 3 years to recover. Maybe soon or maybe in this year you will get at least your ROI back. If you still hold bitcoin i think you shouldn't need to be worried because i think a lot of people did same things too. As long you follow the rules about always use money that you at least afford to lose, or maybe not to be used as daily needs as investment, you should be ok then.
If the bull market is not over as many people think then he could even recover his money in a few months but that will only be true if he decides to hold his coins, something that may not happen especially if he is as angry as he says he is.

This should be a lesson to all of us, when engaging in an investment or a trade then it needs to be done without using your emotions at all because if that happens then you are bound to make mistakes that will cost even more money than any drop in the market could cost you.
Being angry would be just normal because we dont want to lose money and with this very unpredictable market then situations like this is really unavoidable due to unpredictablity

and you should be aware on the first place so that you wouldnt really get shocked once you chad seen your portfolio drop that fast in a short span of time.

Its normal for a human being to have these reactions but you shouldnt really tolerate this because once you get angry will really result into desperation which would
create bad possible moves.

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June 01, 2021, 09:37:21 PM
 #62

I am angry rn I knew I should execute all my crypto yesterday when China anounced ban.
Now all my crypto 30% down.  and it will take 3 years to recover.


It is your own fault for not doing it because of greed and you still haven't lost it if you didn't sell it.
So if you could wait for another 3-4 years or for the next ATH then it would be better your negative 30% right now would surely fly when it recovers and hit a new ATH,
Or you could just do some trades to gain back your -30% instead of waiting.

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June 02, 2021, 08:39:35 PM
 #63

I am angry rn I knew I should execute all my crypto yesterday when China anounced ban.
Now all my crypto 30% down.  and it will take 3 years to recover.


It is your own fault for not doing it because of greed and you still haven't lost it if you didn't sell it.
So if you could wait for another 3-4 years or for the next ATH then it would be better your negative 30% right now would surely fly when it recovers and hit a new ATH,
Or you could just do some trades to gain back your -30% instead of waiting.
Crypto is maybe a game of patience and if you don't have patience you can surely get loss in a long run, there are so many evidence that if we have patience we can really earn in crypto, look at them who hold thier bitcoin they earned a lot specially those who buy btc on year 2018 imagine the prize of the big patience.
Patience is indeed a real deal but only into those coins which are really worth to deal with and not to those shitty coins that others do tend to engage on.

Patience does have its cons too on where it might really result into missed opportunities on making profits in shorter duration which would really leave us
on regretting on not making appropriate action on certain condition.

Market volatility is common and this is why playing with moving prices neither give you a positive one or negative.Depends on how you do make out
decisions.

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June 02, 2021, 09:41:54 PM
 #64

Now all my crypto 30% down.  and it will take 3 years to recover.
In finances history may not repeat itself. Investors always say past events can't be used to foresee future events. Last time bear market lasted 3 years, but this time it can last less or more, although due to bitcoin's popularity and demand it's probably going to last much less than 3 years. Many people think like you, so they will wait 3 years to enter the market again, as it worked like a cake's recipe.
Meanwhile, clever investors, who are already aware about the common general mindset will enter the market before 3 years, suddenly pumping bitcoin and finishing bear market. So those who will be still waiting are going to be taken by surprise and everyone around will hear that fateful phrase again: *I wish I had bought bitcoin before...*

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yohananaomi
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June 02, 2021, 10:34:56 PM
 #65



Crypto is not a get rich quick scheme as many think lately.
Looks like you haven't experienced anything from crypto, in anything you do in crypto. of course very unfortunate. you must continue to study diligently and you will surely regret why only now you know.


Sorry it is if you know the way. Many investors have cashed big money during this few months of bull. Almost all coins overtook ATH of the previous and that is profit for people who dumped. It is a get rich scheme sure, only if you identify. Hodling don't give you such profit but trading is surely a good ride to profit.
experience also determines that what is done in crypto is certainly very fun and profitable. but not everyone can enjoy it properly because there is no desire to be able to properly explore the existence of crypto and the benefits it brings.

even though there is a lot that can be done in crypto to gain income that might add to the financial coffers. but if it is not done properly, of course what is expected from crypto will not be enjoyed. there are still many who are like our colleagues and eventually they will regret it because they are late to join.

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June 04, 2021, 01:02:38 PM
 #66

u can change the subject to happy now... we recovered quite abit so far im smiling ear to ear looking at my portfolio today

Some of the major coins suddenly bleeds in the last 24 hours, I thought that bitcoin will go up to $40k at least, but there seems to be some manipulation behind as the price suddenly goes down and the market -6%.

So we are still far from recovering, we need to break that $40k first, and If I'm not mistaken, this is the 4th attempt and it failed again. Some mysterious hands have been pulling the price down. Nevertheless, we should still hodl and buy some if you have some extra cash for investments.
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June 06, 2021, 12:30:30 PM
 #67

Some of the major coins suddenly bleeds in the last 24 hours, I thought that bitcoin will go up to $40k at least, but there seems to be some manipulation behind as the price suddenly goes down and the market -6%.

So we are still far from recovering, we need to break that $40k first, and If I'm not mistaken, this is the 4th attempt and it failed again. Some mysterious hands have been pulling the price down. Nevertheless, we should still hodl and buy some if you have some extra cash for investments.
Keeping the price under $40k will not be profitable much for whales. The fluctuation of the price isn't interesting these days and we may see +$40k soon then a dip then a bull run and so on. These hidden hands will eventually try to stay with a positive profit and bringing down the price under $40k + paying fees to buy again at $35k requires a lot of funds to remain with a gain.

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June 08, 2021, 09:31:41 PM
 #68

Being angry would be just normal because we dont want to lose money and with this very unpredictable market then situations like this is really unavoidable due to unpredictablity

and you should be aware on the first place so that you wouldnt really get shocked once you chad seen your portfolio drop that fast in a short span of time.

Its normal for a human being to have these reactions but you shouldnt really tolerate this because once you get angry will really result into desperation which would
create bad possible moves.
Is it normal to get angry when something does not go your way? Yes, is it productive and it helps to resolve your problems? No, when it comes to trading you need to try to remain as calm as possible even when the market turns against your prediction, and if you cannot do that then most likely you do not have what it is necessary to become a good trader.

Also sometimes the anger comes from the false expectations traders have out of the market or their own skills, no one wins 100% of the time or even something close to it, if your prediction failed then just accept it and move on, because if you do not then those feelings could be the reason of a subsequent error.
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June 08, 2021, 09:39:41 PM
 #69

u can change the subject to happy now... we recovered quite abit so far im smiling ear to ear looking at my portfolio today

Some of the major coins suddenly bleeds in the last 24 hours, I thought that bitcoin will go up to $40k at least, but there seems to be some manipulation behind as the price suddenly goes down and the market -6%.

So we are still far from recovering, we need to break that $40k first, and If I'm not mistaken, this is the 4th attempt and it failed again. Some mysterious hands have been pulling the price down. Nevertheless, we should still hodl and buy some if you have some extra cash for investments.

And the bleeds continue, strong hands needs to add more patients and if spare money still available

it's also a good time to buy for more and wait till the price rise back. Currently he market still in red and

all of the assets are less in value, try not to rush in taking any plan if you are in your losing  side, investment

always have up and down and the cycle will continue, do your best to stay positiviely and work on in every opprotunities.
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June 16, 2021, 01:15:07 PM
 #70

And the bleeds continue, strong hands needs to add more patients and if spare money still available

it's also a good time to buy for more and wait till the price rise back. Currently he market still in red and

all of the assets are less in value, try not to rush in taking any plan if you are in your losing  side, investment

always have up and down and the cycle will continue, do your best to stay positiviely and work on in every opprotunities.
if you have enough capital don't hesitate to make a purchase and hold it, because seeing the current correction it's not like 2018 and it can be seen from the beginning of the year that bitcoin actually increased and reached renewable ATH several times, different from 2018 which actually fell steadily.

right now it is due to the concurrent effect of bad news and it is not good for crypto development to continue to be given the stage for such people to seek profit. by trusting the news that is tweeted.

currently bitcoin is in a fairly stable position in the range of $31K-$40K and has no intention of dropping further below $30K which could make the situation different of course.but bitcoin does not do that, this indicates that bitcoin will try to increase.

but it does need a process that cannot be instant, bitcoin will continue to rise and fall in a position that is already stable and prepare for the time when bad news is no longer happening and bitcoin will jump to very high prices. and it will happen at the end of this year.

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June 16, 2021, 04:34:31 PM
 #71

I am angry rn I knew I should execute all my crypto yesterday when China anounced ban.
Now all my crypto 30% down.  and it will take 3 years to recover.


One of the factors that caused the price of Bitcoin to plummet was a statement from Elon Musk who said, Tesla temporarily suspended transactions using Bitcoin, but I don't think that recovery will take up to 3 more years, some time ago even the price of bitcoin started to increase slightly due to the existence of the adoption of bitcoin in salvador and also the latest statement from Elon Musk and according to it if positive sentiment will continue to occur, maybe in the next few months crypto prices will return to the positive trend path as before Smiley.

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June 16, 2021, 05:05:16 PM
 #72

And the bleeds continue, strong hands needs to add more patients and if spare money still available

it's also a good time to buy for more and wait till the price rise back. Currently he market still in red and

all of the assets are less in value, try not to rush in taking any plan if you are in your losing  side, investment

always have up and down and the cycle will continue, do your best to stay positiviely and work on in every opprotunities.
if you have enough capital don't hesitate to make a purchase and hold it, because seeing the current correction it's not like 2018 and it can be seen from the beginning of the year that bitcoin actually increased and reached renewable ATH several times, different from 2018 which actually fell steadily.

right now it is due to the concurrent effect of bad news and it is not good for crypto development to continue to be given the stage for such people to seek profit. by trusting the news that is tweeted.

currently bitcoin is in a fairly stable position in the range of $31K-$40K and has no intention of dropping further below $30K which could make the situation different of course.but bitcoin does not do that, this indicates that bitcoin will try to increase.

but it does need a process that cannot be instant, bitcoin will continue to rise and fall in a position that is already stable and prepare for the time when bad news is no longer happening and bitcoin will jump to very high prices. and it will happen at the end of this year.


It needs process and more adoptions, for now if you indeed have good amount of capital it's still good

buying more asset and keep it, make sure to store your coins inside your safe wallet, it takes time but

it's fruitful many investors who take their long journey harvest the best outcome that everyone wanted

to have.
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June 16, 2021, 06:40:43 PM
 #73

Being angry would be just normal because we dont want to lose money and with this very unpredictable market then situations like this is really unavoidable due to unpredictablity

and you should be aware on the first place so that you wouldnt really get shocked once you chad seen your portfolio drop that fast in a short span of time.

Its normal for a human being to have these reactions but you shouldnt really tolerate this because once you get angry will really result into desperation which would
create bad possible moves.
Is it normal to get angry when something does not go your way? Yes, is it productive and it helps to resolve your problems? No, when it comes to trading you need to try to remain as calm as possible even when the market turns against your prediction, and if you cannot do that then most likely you do not have what it is necessary to become a good trader.

Also sometimes the anger comes from the false expectations traders have out of the market or their own skills, no one wins 100% of the time or even something close to it, if your prediction failed then just accept it and move on, because if you do not then those feelings could be the reason of a subsequent error.
Anger would really make the situation even more worst if you do let your emotion do control you because if you are in the state of anger then making out decisions will really be not that well and making out mistakes just because you cant think that well.

Things wont go as we anticipated and if it does then lots had already been smiling on making out of this market. This place is never been predictable so its just normal that you would really experience these situations.

Just get used to it when it comes to situations like this because lots of possible situations that you would surely be facing off and this isnt the only
one will really make you angry.

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June 16, 2021, 08:13:10 PM
 #74

I am angry rn I knew I should execute all my crypto yesterday when China anounced ban.
Now all my crypto 30% down.  and it will take 3 years to recover.


One of the factors that caused the price of Bitcoin to plummet was a statement from Elon Musk who said, Tesla temporarily suspended transactions using Bitcoin, but I don't think that recovery will take up to 3 more years, some time ago even the price of bitcoin started to increase slightly due to the existence of the adoption of bitcoin in salvador and also the latest statement from Elon Musk and according to it if positive sentiment will continue to occur, maybe in the next few months crypto prices will return to the positive trend path as before Smiley.

Don't be pessimistic because most crypto is still down, I believe the crypto market will recover in the near future. No need to wait up to 3 years
to recover, remember what is happening now is very different from what happened in 2017/2018. Now that many institutions are involved
in the crypto market, the chances of the crypto market recovering will be much faster. I think now we must be able to control our emotions
so that we are calm and don't panic easily seeing the movement of the crypto market which has not yet recovered.

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June 16, 2021, 10:35:43 PM
 #75

I am angry rn I knew I should execute all my crypto yesterday when China anounced ban.
Now all my crypto 30% down.  and it will take 3 years to recover.


I don't think it will need 3 years but don't worry holding is a good thing to do. Well, at least it is better than panic and cut lose your assets. Back to basic, people should use money that really free to anticipate something like this. So when we holding, we still have our main income to fulfill our daily needs.

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June 16, 2021, 11:09:40 PM
 #76

I am angry rn I knew I should execute all my crypto yesterday when China anounced ban.
Now all my crypto 30% down.  and it will take 3 years to recover.


This is classic, panic, and panic, when a newbie comes into crypto, following hypes, and also influenced by the FUD, it will make them panic and frustrated stressed, and also worried enough. This is normal.
That si why before entering the crypto world, it is sure that we must be ready with our emotion, loss, and also profits are always here in crypto.
And about the down market today, it is true that the market today is very bad. But, it doesn't mean that the market is over now. I lose more than 50$. But I am still holding and also trading with other funds. I believe the bullish season in this year doesn't end yet.

R


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stomachgrowls
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June 16, 2021, 11:56:06 PM
 #77

I am angry rn I knew I should execute all my crypto yesterday when China anounced ban.
Now all my crypto 30% down.  and it will take 3 years to recover.


This is classic, panic, and panic, when a newbie comes into crypto, following hypes, and also influenced by the FUD, it will make them panic and frustrated stressed, and also worried enough. This is normal.
That si why before entering the crypto world, it is sure that we must be ready with our emotion, loss, and also profits are always here in crypto.
And about the down market today, it is true that the market today is very bad. But, it doesn't mean that the market is over now. I lose more than 50$. But I am still holding and also trading with other funds. I believe the bullish season in this year doesn't end yet.

Classic reaction for those who had just recently jumped in into this market where they havent expect that -30% could really happen in a short span of time.

This isnt something that can be compared with stocks or forex where price volatility isnt really that much and you would really get shocked when you do stepped in on crypto.

This is why you should really get used to it because the higher the volatility the higher the chance on making big profits too despite of the risk.

Once you do gain experience then these things wont really be bothering you again and would turn out to be casual stuff.

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June 17, 2021, 06:41:29 PM
 #78

I am angry rn I knew I should execute all my crypto yesterday when China anounced ban.
Now all my crypto 30% down.  and it will take 3 years to recover.


I don't think it will need 3 years but don't worry holding is a good thing to do. Well, at least it is better than panic and cut lose your assets. Back to basic, people should use money that really free to anticipate something like this. So when we holding, we still have our main income to fulfill our daily needs.
It is doubtful we are going to even need a year, to me this is simply another aspect of the bull market, I think that by the end of the year we are bound to see another strong increase in the price of bitcoin that will take it to levels that we could have only imagined a few years ago.

This means we need to be patient as the recovery is coming and we need our coins to take advantage of it, also I do not see why people still get scared when we see news that China is banning bitcoin, this happens almost every year and yet people keep falling into this FUD.
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June 17, 2021, 07:51:29 PM
 #79

I am angry rn I knew I should execute all my crypto yesterday when China anounced ban.
Now all my crypto 30% down.  and it will take 3 years to recover.


I don't think it will need 3 years but don't worry holding is a good thing to do. Well, at least it is better than panic and cut lose your assets. Back to basic, people should use money that really free to anticipate something like this. So when we holding, we still have our main income to fulfill our daily needs.
It is doubtful we are going to even need a year, to me this is simply another aspect of the bull market, I think that by the end of the year we are bound to see another strong increase in the price of bitcoin that will take it to levels that we could have only imagined a few years ago.

This means we need to be patient as the recovery is coming and we need our coins to take advantage of it, also I do not see why people still get scared when we see news that China is banning bitcoin, this happens almost every year and yet people keep falling into this FUD.
I agree with you. If we can see between 2014 until now, there are several times news said that China banning bitcoin and then legalize, support, ban again and it keep happens. Maybe now there are a lot of people who joined in crypto and i think mostly not read what happen in past and maybe affected because of it.

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June 17, 2021, 09:27:08 PM
 #80

You are not alone experiencing this.  30% is a number that is enough to frustrate yourself.  actually I wonder why the news appeared.  Isn't it about China where crypto is an old issue?  I have no idea .  the whale are always greedy. I just hope the market recovers soon

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