Learn to laugh even if Bitcoin is crashing

[ChiBitCTy]

Peter Schiff is such a joke himself. He’s an absolute clown. I have followed him on twitter for some time just to look at all his tweets and laugh. Yes while bitcoin had been down of late it’s been very annoying seeing him spout of more and more nonsense but I’m more than confident we will be the ones having the last laugh.

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[panukurap]

I agree with you, whatever the situation, even when Bitcoin is crashing, we should still be able to laugh or not be stressed. This can be a way for us to be able to control our emotions more so that we don't get angry and instead sell it at a cheap price. This is a big mistake, it's not easy. that said but you do have to try so that such an incident will never happen, I think this is important. We must be patient when deciding to enter the world of crypto, prepare mentally and the necessary capital.

[Bitstar_coin]

It is easier said than done,  to be honest when the market started going down I was a bit unease because of course my investment was going down and the thought of 2017 came to mind but after doing some reading and hearing from different sources their views regarding this current dip I became calm,

No matter how tough we try to appear whenever btc is dipping, it still get to us, but now am more relaxed, am not stressed and I try not to check price every time, I have a long term goal, so the earlier I learn to stop stressing anytime btc and rest of the alts price dips the better it will be. Even if we are not able to laugh in times like this we can learn to remain calm and control our emotions.

[goku19]

Crashing is only for assets that will not rise again or are completely destroyed but bitcoins are not. bitcoin will forever be a volatile asset and market corrections will be a frequent occurrence. then stay calm and relax when the price of bitcoin goes down because it will definitely go up again.

[Hamphser]

There are many traders who are all invested in bitcoin and altcoins, so they do not have extra funds (USDT) to buy the dip. Its not easy for everyone to see their portfolio go down and they remain emotionless. Even though we know that bitcoin prices will recover but still there is a fear of further dump which sometimes make the trader panic.

Thats why diversifying would always be the best on which you could potentially able to make possible other sources of income unlike when you do have single source.

Somehow this do really require proper financing and experience to handle it well.If not then expect the different results.It would really be depending on someones choice whether they do opt in or focus on single to have that kind of focus but honestly if you do look on bigger scale then there are lots of options to take.