virtualdn (OP)
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May 12, 2022, 06:24:10 AM Last edit: May 12, 2022, 06:50:27 AM by virtualdn Merited by NeuroticFish (2) |
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It's funny and sad to see all people panicking. They are selling and losing. They're buying inflationary fiat Do they even know it? Remember guys, 1 BTC will always equal 1 BTC and the supply is very limited. If you can see this in the long run you will be a winner. Of course, chickens will run home as always Don't worry, HODL, BTC will come back stronger than before. To The Moon! BTC- Let the haters feel good, this is all they can do anyway.
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1 BTC = 1 BTC
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coinycoiny
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May 12, 2022, 06:39:35 AM |
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One tulip is still worth 1 tulip. Good job I didn't sell at the peak and buy a house
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kiddex
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May 12, 2022, 07:02:08 AM |
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yeah that true but where is the bottom to this $hit show we are currently at 27000 for bitcoin. I am no TA expert at all but i ve heard the next support is somewhere between 20000-21000.
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virtualdn (OP)
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May 12, 2022, 07:21:56 AM |
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yeah that true but where is the bottom to this $hit show we are currently at 27000 for bitcoin. I am no TA expert at all but i ve heard the next support is somewhere between 20000-21000.
It doesn't matter. You can still HODL at $10,000 like you do at $20,000. Everything is temporary in life, so are these dips.
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1 BTC = 1 BTC
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Get-Paid.com
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May 12, 2022, 08:01:11 AM |
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If the trend is changing because the US raised the rates and they are expected to raise it further - then nothing can save Bitcoin.
Yes, 1 BTC = 1 BTC but what if 1 BTC = 1 BTC = $500
How would those who bought it for $60,000 feel?
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Jatiluhung
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May 12, 2022, 08:27:09 AM |
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what happened to bitcoin today is like a tsunami phenomenon
"SEA WATER REDUCED BEFORE THE TSUNAMI HAPPENED"
then this bitcoin decline I think is a square before a bigger wave occurs.
remember in 2018 this happened. and see in the next year . then you will understand.
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kryptqnick
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May 12, 2022, 11:10:50 AM |
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1 BTC = 1 BTC is, of course, a true statement from a purely formal perspective. However, when people say this, they somehow ignore the fact that the purchasing power of money is a crucial trait of it. There's no need to calculate this purchasing power in fiat, of course, but it's just done for the sake of convenience. If you have 1 BTC and can buy a flat with this money, it's one thing. If you have 1 BTC and can buy only a bike with this money, it's a different thing. When the price is lower, it indicates that for the same amount of BTC people can afford less than before. And while it might be a temporary thing, the price thus does matter if one treats Bitcoin as money, not merely as an asset one invests in.
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Upgrade00
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May 12, 2022, 12:01:38 PM |
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One tulip is still worth 1 tulip. Good job I didn't sell at the peak and buy a house
This tulip argument doesn't really apply. The tulip mania was fueled majorly by hype and fomo with no real utility. It was basically a bubble as we have seen in many instances. When someone says, 1 BTC would remain so, it simply means that it retains the qualities that make it valuable, despite price corrections and dips and we've come through different market cycles, and still rebounded in price. There was nothing really making tulips valuable besides the idea of luxury which it offered and once that dissipated, the bubble burst.
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coinycoiny
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May 12, 2022, 12:32:08 PM |
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Sounds like BTC is exactly like Tulips
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ChiBitCTy
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May 12, 2022, 12:49:47 PM |
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It's funny and sad to see all people panicking. They are selling and losing. They're buying inflationary fiat Do they even know it? Remember guys, 1 BTC will always equal 1 BTC and the supply is very limited. If you can see this in the long run you will be a winner. Of course, chickens will run home as always Don't worry, HODL, BTC will come back stronger than before. To The Moon! BTC- Let the haters feel good, this is all they can do anyway. Amen! People tend to forget you only lose when you sell. When you sell the. Sure then you have what’s called a “realized loss”, or “realized gain” , but neither happens until you actually trigger that event. Stop panicking if you don’t need the money right now. Things will get better! The worst time you can sell anything is when you’re down. Would you sell your home just because it’s market value is down significantly? No..same applies here. Sounds like BTC is exactly like Tulips
I hope you’re joking.
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Nrcewker
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May 12, 2022, 12:59:14 PM |
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It's funny and sad to see all people panicking. They are selling and losing. They're buying inflationary fiat Do they even know it? Remember guys, 1 BTC will always equal 1 BTC and the supply is very limited. If you can see this in the long run you will be a winner. Of course, chickens will run home as always Don't worry, HODL, BTC will come back stronger than before. To The Moon! BTC- Let the haters feel good, this is all they can do anyway. The main reason for the downfall of the Bitcoins are is that people cannot understand the bearish market, and therefore gets panic and sell their coins. This is the reason for which Bitcoins have fallen more than 20% of it’s original price. The people who are selling the Bitcoins, don’t have the knowledge that BTC will be the future. As the supply is limited, when the demand will increase, automatically the price will increase and all the holders will be come reach af. So it’s my advice to all the fellow Bitcointalk members to buy as much BTC as you can at the current point of time. Soon you will make a huge profit from this master crypto. All the best to all the traders.
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avikz
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May 12, 2022, 01:03:14 PM |
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It's funny and sad to see all people panicking. They are selling and losing. They're buying inflationary fiat Do they even know it? Remember guys, 1 BTC will always equal 1 BTC and the supply is very limited. If you can see this in the long run you will be a winner. Of course, chickens will run home as always Don't worry, HODL, BTC will come back stronger than before. To The Moon! BTC- Let the haters feel good, this is all they can do anyway. I am not on the same page. Bitcoin has not yet reached tonsuch a point where we can stop comparing it with fiat and derive the value of bitcoin in some other way. Fiat is still very much all over the place and bitcoin has just started out. Probably in future we will be able to stick to 1 btc = 1 btc but for now it's simply not possible. One thing I agree is that it's not a time to sell, rather it's time to accumulate more!
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tomahawk9
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May 12, 2022, 01:08:50 PM |
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1 BTC will always equal 1 BTC no shit sherlock. This is one of the dumbest thing ppl say during a bear market and a crash and i'm not sure why is this still a thing. What do they accomplish by saying stuff like that? has this become some kind of mantra to some people or what? a coping mechanism?
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traderethereum
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May 12, 2022, 02:11:58 PM |
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That's because they are afraid to see large amounts of money lost even though this situation has been exploited by people who have a lot of money to buy bitcoins at cheap prices. If they can be more patient to hold bitcoin, no matter what happens, they will surely smile broadly when they see the bitcoin price increase again because of my prediction, after this sharp decline, the bitcoin price could be higher than the previous ATH. But we can't force them to keep holding bitcoin because many of them use their money to seek profit from bitcoin. And that's why they sell their bitcoins at current prices to try to buy at low prices.
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retreat
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May 12, 2022, 02:49:26 PM |
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It's funny and sad to see all people panicking. They are selling and losing. They're buying inflationary fiat Do they even know it? Remember guys, 1 BTC will always equal 1 BTC and the supply is very limited. If you can see this in the long run you will be a winner. Of course, chickens will run home as always Don't worry, HODL, BTC will come back stronger than before. To The Moon! BTC- Let the haters feel good, this is all they can do anyway. We really can't stop people from panicking and selling, but we can stop ourselves from selling. those who have a "weak hand" will only experience heavy losses and those who have a "strong hand" will gain large profits from the bulls that will occur in the future. let those who are weak out of the market, and we who are strong stay and believe in bitcoin.
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NeuroticFish
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May 12, 2022, 03:01:20 PM |
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Sounds like
Sounds like you have no idea what you're talking about, but found the perfect time for trolling. But no worries, welcome to my ignore list. And for those selling BTC: you'll make some people very happy, so, yeah, go on. It's your choice. As OP greatly said: 1 BTC = 1 BTC. no shit sherlock. This is one of the dumbest thing ppl say during a bear market and a crash and i'm not sure why is this still a thing. What do they accomplish by saying stuff like that? has this become some kind of mantra to some people or what? a coping mechanism?
I'm surprised that you don't understand. What you've done on bitcointalk since 2016?!
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Luzin
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May 12, 2022, 03:28:57 PM |
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Yes, 1 BTC = 1 BTC but what if 1 BTC = 1 BTC = $500
How would those who bought it for $60,000 feel?
No, I don't think the price will arrive as you mentioned. Many institutions are holding bitcoin prices. This time patern is similar to the year of having 2017. After halving 2016 BTC dropped to about 80% of ATH. If this happens this year then btc's worst estimate will cost around $11k. If the trust is agreed, it will appear a new ATH again after halving in 2024. I hope this will happen, it all just takes patience.
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buwaytress
Legendary
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Join the world-leading crypto sportsbook NOW!
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May 12, 2022, 03:31:18 PM |
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But why stop people from panic selling and pushing us back into discount territory? They're doing it with stocks, they're doing the same with Bitcoin. If not for them, we'd be stuck in sideways markets for months, and then we complain it's boring. At least this way we get some much-needed adrenaline, no? heh
Bring it on, bigger, lower =P
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$crypto$
Legendary
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Activity: 2366
Merit: 1041
Smart is not enough, there must be skills
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May 12, 2022, 03:45:22 PM |
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I'm not going to do anything, it's my decision to stick with the Bitcoin holding. 1 BTC = 1BTC ($100,000 or higher I'm smiling broadly)
They are selling at this time because they don't want to be a big loss. The reason is that even moving to fiat it will not make a recovery, they are just securing it but still experiencing losses, this is weak fundamentals in my opinion.
I believe our OP is more optimistic for Bitcoin to the moon again.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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legcramp
Jr. Member
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Activity: 49
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May 12, 2022, 05:10:15 PM |
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If the trend is changing because the US raised the rates and they are expected to raise it further - then nothing can save Bitcoin.
Yes, 1 BTC = 1 BTC but what if 1 BTC = 1 BTC = $500
How would those who bought it for $60,000 feel?
They should feel like an idiot for not educating themselves before FOMOing into it. Those who have a system of DCA'ing into BTC no matter the price need not apply.
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Ale88
Legendary
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Activity: 2380
Merit: 2370
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May 12, 2022, 05:24:11 PM |
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One tulip is still worth 1 tulip. Good job I didn't sell at the peak and buy a house
What are you even doing here if you think that bitcoin is the same as tulips? If you're in this forum and you still haven't understood how and why bitcoin is different I'm very sorry for you.
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. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | ▄▄███████▄▄ ▄███████████████▄ ███████████████████ █████████████████████ ███████████████████████ █████████████████████████ █████████████████████████ █████████████████████████ ███████████████████████ █████████████████████ ███████████████████ ▀███████████████▀ ███████████████████ | | .
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bitcrystal
Sr. Member
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Activity: 419
Merit: 252
Crashgambler.io - Crash Gambling Guide
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May 12, 2022, 06:23:24 PM |
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not so easy especially for paper hands that dont think of the future. we will get better and get back on the moon track. might only take a little time . anyone who bought higher should just be patient and hodl. buying high and selling low is the worst of it. maybe some people need to be tutored before investing in cryptocurrency.
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tread93
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May 12, 2022, 06:44:09 PM |
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It's funny and sad to see all people panicking. They are selling and losing. They're buying inflationary fiat Do they even know it? Remember guys, 1 BTC will always equal 1 BTC and the supply is very limited. If you can see this in the long run you will be a winner. Of course, chickens will run home as always Don't worry, HODL, BTC will come back stronger than before. To The Moon! BTC- Let the haters feel good, this is all they can do anyway. That's right, everyone lines up at 64k but when its trading at such a discount they run away screaming and crying hahahha. Nonsense. I'm not worried one bit. Keep stacking your chips folks!
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naira
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May 12, 2022, 06:54:37 PM |
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At a time that is indeed quite crucial for investors and crypto holders and traders. But we need to know and pay close attention that the natural market will be like this, there are times when we have to be patient. It's time for us to plant, isn't the bull time we enjoy so much fun? We've made a lot of dollars. But don't let us sacrifice what we've been fighting for and have to give up because of the bear market.
This advice is specifically for me personally to be healthier in responding to market conditions. Regardless of whether we are mentally strong or not, in the end we will reap the rewards of that patience. And for those who still survive as holders, congratulations that you are great people who can control ego.
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Lanatsa
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May 12, 2022, 07:09:50 PM |
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It's funny and sad to see all people panicking. They are selling and losing. They're buying inflationary fiat Do they even know it? Remember guys, 1 BTC will always equal 1 BTC and the supply is very limited. If you can see this in the long run you will be a winner. Of course, chickens will run home as always Don't worry, HODL, BTC will come back stronger than before. To The Moon! BTC- Let the haters feel good, this is all they can do anyway. Expect for these kind of common impression and actions whenever the market do really make out some decline then people or community cant really be avoided for them to freak out. Panic selling is very common scenario without realizing that selling their coins in a dumping market is a dumb decision to make.You wont lose nothing if you dont materialized those losses. Instead of selling then its better to accumulate while its still on bargain because you would surely regret once again if the market recovers.
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Anonylz
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May 12, 2022, 07:26:33 PM |
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If the trend is changing because the US raised the rates and they are expected to raise it further - then nothing can save Bitcoin.
Yes, 1 BTC = 1 BTC but what if 1 BTC = 1 BTC = $500
How would those who bought it for $60,000 feel?
Of course, they will feel bad, @op bought his btc back in 2013 so it is easy for him to see things this way, those who bought btc at the to or around 50k are not finding things funny, it is true if you don't sell you haven't lost anything but not everyone understands this, especially the new investors who came in with big hopes and dreams. This market is not only shaking weak hands.
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coinycoiny
Member
Offline
Activity: 273
Merit: 18
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May 12, 2022, 08:33:47 PM |
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What are you even doing here if you think that bitcoin is the same as tulips? If you're in this forum and you still haven't understood how and why bitcoin is different I'm very sorry for you.
You are correct, tulips do have some value if you want something pretty in your garden. BTC doesn't, come back in 10 years and see if I'm right
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aoluain
Legendary
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Activity: 2254
Merit: 1256
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May 12, 2022, 09:19:56 PM |
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1 BTC will always equal 1 BTC no shit sherlock. This is one of the dumbest thing ppl say during a bear market and a crash and i'm not sure why is this still a thing. What do they accomplish by saying stuff like that? has this become some kind of mantra to some people or what? a coping mechanism? To make people who bought at $60k and now sell at <$30k realise that their Bitcoin amount doesnt shrink or grow with the trending market value at any given moment. Many people with weak hands think they are "losing money" when the market falls, they are so focussed on the FIAT value and react on that. Contrary to what you might think a lot of people NEED to realise this. What are you even doing here if you think that bitcoin is the same as tulips? If you're in this forum and you still haven't understood how and why bitcoin is different I'm very sorry for you.
You are correct, tulips do have some value if you want something pretty in your garden. BTC doesn't, come back in 10 years and see if I'm right Tulip mania only lasted 3 years, from a pessimistic viewpoint I'm amazed you give Bitcoin another 10 years, that would be a total of 23 years of Bitcoin which kind of bursts your bubble. Welcome to many peoples ignore lists!
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coinycoiny
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May 12, 2022, 09:52:18 PM |
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Welcome to many peoples ignore lists!
Yeah, but there's not so many on here these days is there?
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lalabotax
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BK8 - Most Trusted Gambling Platform
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May 12, 2022, 09:56:09 PM |
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That's it. We only will lose BtC if we have converted to stable coins, when we have finished sold it. This may be easy for people who think for long term investmnet because they believe that BTC will rise up again. But this will be didferent for trader who may feel bad when the price of BTC is dropped too much because they also still need the asset to trade and get profit everyday
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Jatiluhung
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May 13, 2022, 02:53:38 AM |
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That's it. We only will lose BtC if we have converted to stable coins, when we have finished sold it. This may be easy for people who think for long term investmnet because they believe that BTC will rise up again. But this will be didferent for trader who may feel bad when the price of BTC is dropped too much because they also still need the asset to trade and get profit everyday
well that is the difference between people who trade daily and people who invest long term. people who invest long-term then their mentality is already prepared with what will happen as it is today. because the price goes down and up is normal. and they only focus on the price target or big potential in the future. but I can understand those who trade day by day. those who choose a cutloss after a loss of a few percent is a good move. because they can buy back from the bottom and sell back at the top. so the two circumstances have different methods between scalpers and long term investments. and its application should not be a scalper using thinking that invests long term because it is not suitable. because scalpers or day traders focus on daily earnings. if you lose today. can start trading again the next day.
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rodskee
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★Bitvest.io★ Play Plinko or Invest!
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May 13, 2022, 03:26:09 AM |
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It's funny and sad to see all people panicking. They are selling and losing. They're buying inflationary fiat Do they even know it? Remember guys, 1 BTC will always equal 1 BTC and the supply is very limited. If you can see this in the long run you will be a winner. Of course, chickens will run home as always Don't worry, HODL, BTC will come back stronger than before. To The Moon! BTC- Let the haters feel good, this is all they can do anyway. Supporting your post here because I have seen you posting several times about your attitude in Bitcoin from 2013 in which you keep holding the coins in your wallet for that long . and Now even the value climbed more than 100x ? yet you are keeping the coins on hold and that is how i adore your strategy . I will Keep holding for at least couple of years more before converting all to real life business .
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stompix
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Activity: 2884
Merit: 6291
Blackjack.fun
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May 13, 2022, 03:39:30 AM |
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Remember guys, 1 BTC will always equal 1 BTC and the supply is very limited. If you can see this in the long run you will be a winner. Of course, chickens will run home as always When there is a wave of threads saying you shouldn't panic, how everything is fine, how 1 BTC= 1BTC you can be sure as hell there are a lot of people who have already shi* themselves, and my bet is the ones that are actually opening these topics. Let's follow the logic, if the OP knows people are selling at a loss and panicking and he knows he can make a profit by buying low, why open a topic telling people not to do so and hurt his own future profit? As I can see, the only explanation is that Walmart is out of adult diapers! Remember guys, 1 BTC will always equal 1 BTC
So let's make a test I'm offering you 5 000$ for one coin and 200 000$ for two coins. Would you be interested in any of those offers?
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. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | ▄▄███████▄▄ ▄███████████████▄ ███████████████████ █████████████████████ ███████████████████████ █████████████████████████ █████████████████████████ █████████████████████████ ███████████████████████ █████████████████████ ███████████████████ ▀███████████████▀ ███████████████████ | | .
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SpenserReed
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May 13, 2022, 04:01:35 AM |
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Remember guys, 1 BTC will always equal 1 BTC and the supply is very limited.
But it seems to me that 1 USD will also always equal 1 USD... but I support 100% that fiat is inflationary
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ilovealtcoins
Sr. Member
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Activity: 1246
Merit: 263
SmartFi - EARN, LEND & TRADE
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May 13, 2022, 04:12:59 AM |
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yeah that true but where is the bottom to this $hit show we are currently at 27000 for bitcoin. I am no TA expert at all but i ve heard the next support is somewhere between 20000-21000.
If you are a long-term holder and investing in bitcoin doesn't affect your day-to-day economy, then I don't think you should worry too much and worry about how much bitcoin will drop. If you go through 2018 you will see bitcoin drop from $20k to $3k and in 2021 you will see BTC's all-time high of $69,000. No need to worry too much about the price, keep holding in the bear market and wait for a bull market to see its rewards.
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Leviathan.007
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May 13, 2022, 06:21:23 AM |
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You made a good point by saying one bitcoin is one bitcoin, no matter what's the price you still own one bitcoin, you only lose some funds if you sell the bitcoins on a lower level and bearish market to buy and hold the useless fiat currency otherwise even if the price makes a deeper correction you still didn't lose anything, the only thing happens in the time when the price falls down deeply is some mental pressures and fears in the market and because of these factors, investors will be under the pressure of panic selling their assets to save themselves while that's a moment when they actually lose, during the time of the bearish market, investors need to control their emotional actions more than anything else.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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nur rochid
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May 13, 2022, 06:36:21 AM |
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yeah that true but where is the bottom to this $hit show we are currently at 27000 for bitcoin. I am no TA expert at all but i ve heard the next support is somewhere between 20000-21000.
If you are a long-term holder and investing in bitcoin doesn't affect your day-to-day economy, then I don't think you should worry too much and worry about how much bitcoin will drop. If you go through 2018 you will see bitcoin drop from $20k to $3k and in 2021 you will see BTC's all-time high of $69,000. No need to worry too much about the price, keep holding in the bear market and wait for a bull market to see its rewards. sometimes we are tempted by a similar incident in 2018, but what is called humans, sometimes they are not strong enough to hold on, so they do panic sells, and suffer losses. moreover we have to hold long up to 4 years. it is possible that the price of $20k-$21k is a strong support, because there is resistance in 2017, therefore we must believe in ourselves and do something according to personal analysis, so that whatever happens we don't feel disappointed
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virtualdn (OP)
Legendary
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Activity: 1372
Merit: 1093
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May 13, 2022, 06:36:32 AM |
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Remember guys, 1 BTC will always equal 1 BTC and the supply is very limited.
But it seems to me that 1 USD will also always equal 1 USD... but I support 100% that fiat is inflationary That's the trick, 1 USD is never equal to 1 USD. It applies to all fiat.
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1 BTC = 1 BTC
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lornadane
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May 13, 2022, 06:41:53 AM |
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yeah that true but where is the bottom to this $hit show we are currently at 27000 for bitcoin. I am no TA expert at all but i ve heard the next support is somewhere between 20000-21000.
If you are a long-term holder and investing in bitcoin doesn't affect your day-to-day economy, then I don't think you should worry too much and worry about how much bitcoin will drop. If you go through 2018 you will see bitcoin drop from $20k to $3k and in 2021 you will see BTC's all-time high of $69,000. No need to worry too much about the price, keep holding in the bear market and wait for a bull market to see its rewards. sometimes we are tempted by a similar incident in 2018, but what is called humans, sometimes they are not strong enough to hold on, so they do panic sells, and suffer losses. moreover we have to hold long up to 4 years. it is possible that the price of $20k-$21k is a strong support, because there is resistance in 2017, therefore we must believe in ourselves and do something according to personal analysis, so that whatever happens we don't feel disappointed But what is happening with the market today is this a fresh start to return to the prices of four years ago.? Isn't there a price correction every year? Only those who panic sell always feel a loss because they think that everything will just pass.
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NeuroticFish
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Activity: 3668
Merit: 6373
Looking for campaign manager? Contact icopress!
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May 13, 2022, 06:54:45 AM |
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Remember guys, 1 BTC will always equal 1 BTC
So let's make a test I'm offering you 5 000$ for one coin and 200 000$ for two coins. Would you be interested in any of those offers? This would prove nothing. It could prove that you don't know how to make a good business. That's because even if 1 BTC = 1 BTC (always!), still, business is business
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. .HUGE. | | | | | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . CASINO & SPORTSBOOK ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | |
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dataispower
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May 13, 2022, 07:09:45 AM |
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We really can't stop people from panicking and selling, but we can stop ourselves from selling. those who have a "weak hand" will only experience heavy losses and those who have a "strong hand" will gain large profits from the bulls that will occur in the future. let those who are weak out of the market, and we who are strong stay and believe in bitcoin.
Stopping people from panicking to sell their coin's will be actualize when you use this platform of bitcointalk to correct people that is in sin of not understanding the structure. When someone panic to sell they always end up of getting lost but whenever someone compute itself whenever market is dropping the person make or regained profit when it rises. Getting profit you most learn how to take risk and hiw to patient for the investment. Been eager to sell will lead people to lost
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m2017
Legendary
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Activity: 1806
Merit: 1304
keep walking, Johnnie
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May 13, 2022, 10:28:33 AM |
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It's funny and sad to see all people panicking. They are selling and losing. They're buying inflationary fiat Do they even know it? From the outside, the current panic of the surrounding people, who control themselves and have strong nerves, like virtualdn, can look both funny and strange. Yes, you are undoubtedly right when virtualdn say that with the sale they only fix their losses and it will be impossible to restore the lost. If the alarmists didn't do this, then over time, when the market recovers, they would have every chance to compensate for the "paper" losses. Now, their losses are not on "paper", but in reality, which creates even more losses, since this is fiat subject to inflation. Remember guys, 1 BTC will always equal 1 BTC and the supply is very limited. If you can see this in the long run you will be a winner. Of course, chickens will run home as always Those who panicked immediately forgot about it, because fear blinds their eyes and envelops their minds. Their fate is only in their hands. This is the peculiarity of bitcoin. This needs to be handled thoughtfully and carefully. Don't worry, HODL, BTC will come back stronger than before. To The Moon! BTC
- Let the haters feel good, this is all they can do anyway.
So it was before, always, and so it will be in the future. I think haters should be ignored. There are ways to spend your time on more important and interesting activities.
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ethereumhunter
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May 13, 2022, 01:15:52 PM |
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Those panicked people will be around even though they also know that the sharply falling bitcoin price will surely rise again one day. But they still can't accept if the price of bitcoin drops, let alone drops past 10% and that's why many of them then sell some of the bitcoins they have in the hope of buying at the lowest price. Maybe that way, they can withdraw profits for a while if bitcoin conditions are not stable or have not gone up high so they can still benefit from the difference in bitcoin prices.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Findingnemo
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May 13, 2022, 01:21:14 PM |
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Only few people are buying bitcoin as bitcoin while most of them are buying because bitcoin is digital asset which is giving unimaginable returns in very short term for them it is never going to be easy to see their portfolio lose its half of the value in just matter of hours. Buy when its low and stand out from the crowd we can't able to make others decision while we can grab our opportunities.
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Vaskiy
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May 13, 2022, 08:52:57 PM |
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Even at this market condition MicroStrategy CEO Michael Saylor is bullish about the bitcoin price. He has mentioned of bitcoin as a long term investment and he'll continue to buy regardless of the price moves. His company stocks price fell down 45% from the previous week closing at the low of $168. About Dollar, the monetary policy expansion and inflation is a big problem affecting the purchasing power.
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non fungible anxiety
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May 13, 2022, 09:21:13 PM |
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oh noes it's depegging!!! 1 btc = 0.95 btc now It's a joke.
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Lanatsa
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May 13, 2022, 09:57:01 PM |
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Even at this market condition MicroStrategy CEO Michael Saylor is bullish about the bitcoin price. He has mentioned of bitcoin as a long term investment and he'll continue to buy regardless of the price moves. His company stocks price fell down 45% from the previous week closing at the low of $168. About Dollar, the monetary policy expansion and inflation is a big problem affecting the purchasing power.
We could really be having our own inputs and views on certain things and since we are talking bitcoin or crypto market as a whole then we do know on what are the probabilities and risk attached to it. Whether they do see for it to reach out 100k or more is something correlates to those perma-bulls but we know that this market doesnt really only move on a single path which we do obviously seeing these scenarios to happen which is really that very common and something that someone should really be aware of.
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ajochems
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May 13, 2022, 10:23:00 PM |
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The Fiat value of bitcoin was changing every day with some investors. If ery simple to make a sheet and inverse on the same side. When the price of bitcoin was increased in the strengthen. Cash out the funds, when you found it very useful. Buy at the inflation and the price will go the next pump. It's enough to sell such type, don't worry about the minor change in the price of bitcoin.
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hatshepsut93
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May 13, 2022, 11:21:09 PM |
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Somehow people never say that 1 BTC = 1 BTC when it's the bull market and everyone is fixated on its USD price, but when there's a bear market, we should all forget about USD price This crash like any other bear market shouldn't be downplayed. It's a sign that Bitcoin still operates on the basis of speculative boom-bust cycles, so it's not really a strong safe haven asset that can rival gold. Sure, Bitcoin will recover and reach new highs, but it doesn't mean that crashes like this one don't matter at all.
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NeuroticFish
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May 14, 2022, 02:08:03 PM |
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Somehow people never say that 1 BTC = 1 BTC when it's the bull market and everyone is fixated on its USD price, but when there's a bear market, we should all forget about USD price You are right. On bull market people also start partying because the price looks great, forgetting that they are on profit only if they sell; and most may only sell when the price actually goes down. Sure, Bitcoin will recover and reach new highs, but it doesn't mean that crashes like this one don't matter at all.
Of course they matter, but imho telling that 1 BTC = 1 BTC often enough may help on newbies' morale. Understanding that 1 BTC = 1 BTC and the price should eventually get back (at least) to the levels they've bought at might help some to avoid buying high and selling low (and if that's achieved, they can easily become long term holders). At least this is how I see the things.
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. .HUGE. | | | | | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . CASINO & SPORTSBOOK ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | |
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Marvelman
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May 14, 2022, 03:49:58 PM |
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Somehow people never say that 1 BTC = 1 BTC when it's the bull market and everyone is fixated on its USD price, but when there's a bear market, we should all forget about USD price You are right. On bull market people also start partying because the price looks great, forgetting that they are on profit only if they sell; and most may only sell when the price actually goes down. During the bull market, people count 1 BTC = how many gold bars, teslas, lambos, boats ... no one cares about the USD. Sure, Bitcoin will recover and reach new highs, but it doesn't mean that crashes like this one don't matter at all.
Of course, it matters. It matters because it gives an opportunity to new investors to enter the market. Bitcoin may not offer the same opportunity that early investors had, but it still presents an opportunity for everyone to double their investment within a few years. This makes it the best asset on the market today.
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MinMan
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May 14, 2022, 06:26:21 PM |
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well that is the difference between people who trade daily and people who invest long term.
people who invest long-term then their mentality is already prepared with what will happen as it is today. because the price goes down and up is normal. and they only focus on the price target or big potential in the future.
but I can understand those who trade day by day. those who choose a cutloss after a loss of a few percent is a good move. because they can buy back from the bottom and sell back at the top.
so the two circumstances have different methods between scalpers and long term investments.
and its application should not be a scalper using thinking that invests long term because it is not suitable. because scalpers or day traders focus on daily earnings. if you lose today. can start trading again the next day.
I don't believe that only the traders are selling these days but there must be investors with weak hands that sells because they are too scared seeing the price dumped too much. Stable coins are useful and they can prevent your coins from fluctuating, and selling coins doesn't always mean that you sell at a loss but there must be an old investor that have bought when btc was cheaper than what the price we are seeing today so they still earns something even if they sell their coins. If you are a trader, you haven't waited for this dip to sell but traders have already sold their btc before this dip happened and they are now at it, buying again. They will sell once they see a small increase.
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qwertyup23
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May 14, 2022, 07:19:14 PM |
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It's funny and sad to see all people panicking. They are selling and losing. They're buying inflationary fiat Do they even know it? Remember guys, 1 BTC will always equal 1 BTC and the supply is very limited. If you can see this in the long run you will be a winner. Of course, chickens will run home as always Don't worry, HODL, BTC will come back stronger than before. To The Moon! BTC- Let the haters feel good, this is all they can do anyway. Like what I also mentioned into several similar posts like these, it is easier said than done especially if a person has more than a couple of BTCs in their wallet. This means that the slightest shift to its price, whether a slight increase/decrease, means a gain/loss of over thousands to millions of $$$ in the process. But I do agree with your statement, 1 BTC will always be equal to 1 BTC regardless of its value in the market and its inflationary nature. That is why, always HODL for the meantime especially if you are not experiencing any financial strains or conflict. Treat these as your long-term investments just like any other blue chip companies.
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UmerIdrees
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May 14, 2022, 07:42:38 PM |
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Even at this market condition MicroStrategy CEO Michael Saylor is bullish about the bitcoin price. He has mentioned of bitcoin as a long term investment and he'll continue to buy regardless of the price moves. His company stocks price fell down 45% from the previous week closing at the low of $168. About Dollar, the monetary policy expansion and inflation is a big problem affecting the purchasing power.
Current price action may seem discouraging for crypto investments but believe me, these are the best price to get into crypto. You will not find bitcoin under 30,000$ for long. There will be pain and fud in the market. If you are strong enough not to sell your coins in these panic times, believe me, you will be rewarded huge in the coming future.
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justdimin
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May 15, 2022, 10:05:24 PM |
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Stopping people from panicking to sell their coin's will be actualize when you use this platform of bitcointalk to correct people that is in sin of not understanding the structure. When someone panic to sell they always end up of getting lost but whenever someone compute itself whenever market is dropping the person make or regained profit when it rises. Getting profit you most learn how to take risk and hiw to patient for the investment. Been eager to sell will lead people to lost
This is true if you are investing into something that is great. Like for example bitcoin dropped and ethereum dropped as well so if you buy them a lot more right now then you are going to profit on it a lot in the future as well. However, if you end up buying Luna because it dropped so much and even 1 dollar would pay your mortgage levels of hope, then you are going to be upset about it for sure, there is no way that you could profit from this at all, you will end up with a big loss. This is why you should be avoid buying big coins and you should invest into something that will make you some profit, a lot more profit, that's how you make a profit in the crypto world, not by investing into "anything" that goes down.
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Fatunad
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May 15, 2022, 11:03:59 PM |
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Even at this market condition MicroStrategy CEO Michael Saylor is bullish about the bitcoin price. He has mentioned of bitcoin as a long term investment and he'll continue to buy regardless of the price moves. His company stocks price fell down 45% from the previous week closing at the low of $168. About Dollar, the monetary policy expansion and inflation is a big problem affecting the purchasing power.
Current price action may seem discouraging for crypto investments but believe me, these are the best price to get into crypto. You will not find bitcoin under 30,000$ for long. There will be pain and fud in the market. If you are strong enough not to sell your coins in these panic times, believe me, you will be rewarded huge in the coming future. Instead on freaking out yourself on these red or bearish times its more ideal if you do consider on having that DCA system as long your finances or budget allocation do permits you. Not all would really be having the finances for them to make such action even if they wanted to but instead they do hold off their floating negatives until the market recovers. For those people who had been dealing with this market and does have money to be invested then times like these are really the best one to dive in into the opportunity.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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stompix
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May 16, 2022, 05:03:15 AM |
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So let's make a test I'm offering you 5 000$ for one coin and 200 000$ for two coins. Would you be interested in any of those offers?
This would prove nothing. It could prove that you don't know how to make a good business. That's because even if 1 BTC = 1 BTC (always!), still, business is business Well, to be honest, I'm not that good at doing business at all anymore. Five years of negotiating contracts to the penny (no joke!) have made me a negotiation hater, I would rather throw an old phone I wanted to sell out of the window than engage in 3 mins of negotiations with the person wanting to buy it. But the point stays, common, everyone that read it immediately thought 200k/2 > 100k coin 70k profit, if I would post an ad and asking for one or two BTC for a car everyone would first evaluate it in dollars then check the price then comment. Or we could go to the extreme, why not spend 10k BTC 1BTC=1BTC and one pizza is still one pizza Somehow people never say that 1 BTC = 1 BTC when it's the bull market and everyone is fixated on its USD price, but when there's a bear market, we should all forget about USD price or they say, it's still x100 higher than in 2009
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. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | ▄▄███████▄▄ ▄███████████████▄ ███████████████████ █████████████████████ ███████████████████████ █████████████████████████ █████████████████████████ █████████████████████████ ███████████████████████ █████████████████████ ███████████████████ ▀███████████████▀ ███████████████████ | | .
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NeuroticFish
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May 16, 2022, 01:36:11 PM |
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Well, to be honest, I'm not that good at doing business at all anymore. Five years of negotiating contracts to the penny (no joke!) have made me a negotiation hater, I would rather throw an old phone I wanted to sell out of the window than engage in 3 mins of negotiations with the person wanting to buy it.
I've never been good at negotiating, so don't worry But the point stays, common, everyone that read it immediately thought 200k/2 > 100k coin 70k profit, if I would post an ad and asking for one or two BTC for a car everyone would first evaluate it in dollars then check the price then comment. Or we could go to the extreme, why not spend 10k BTC 1BTC=1BTC and one pizza is still one pizza The thing is that depending on where we're looking at this, always one will be wrong and one will be right. So I will, in the same time, agree with you and keep disagreeing with you. You're right that the current price (always) matters. But on the other hand, it matters only for the one who will buy or sell. If one decides to just hold for long, simply because he's no longer a good trader, or has never been, the price is just something not-really-relevant, which has a better chance to make him die of hearth attack before he gets to enjoy the returns of the investment. Or makes newbies panic sell (same newbies will be disappointed now, but may buy again when FOMO bubble is nearly at peak again). So, price is important only if one indeed sells or buys. For the rest, don't panic, 1 BTC = 1 BTC. Of course, you may also argue that one can sell high then buy back low, but there's a risk factor there, making the equation less straightforward.
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. .HUGE. | | | | | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . CASINO & SPORTSBOOK ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | |
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amishmanish
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May 16, 2022, 03:10:54 PM |
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I think it all depend on your prospective, needs and expectations. Some people think bitcoin is a online gamble or something. Its not, bitcoin made its place by proving its worth over years as a technologically superior and safer mode of transaction as a currency and it will keep doing so in future. The only people who want bitcoin to fail are the the pessimist morons who find the smell of their fiat currency papers to irresistible. There are bigger powers at play as well who wield great financial power and the bitcoin seem make the economy trully liberal and thereby taking away their powers
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taufik123
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May 16, 2022, 04:25:15 PM |
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Being a BTC Holder will have many advantages, but we also have to know what the risks are. Buying at a low price or several years ago will certainly get a lot of benefits if psychology is still strong and believes that bitcoin will continue to grow. many people suddenly become rich because they managed to hold bitcoin until now. then buying at a cheap price today can also be a good choice. Remember the target price of $100k is still not reached, bitcoin still has a long way to go. Don't FOMO and don't follow the scattered FUD.
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sklopan
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May 16, 2022, 05:20:17 PM |
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I have always been surprised by those who are nervous about a bad investment. It is worth immediately assessing all the risks of such an investment in order to assess the possible results.
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Jatiluhung
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May 16, 2022, 08:23:04 PM |
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Being a BTC Holder will have many advantages, but we also have to know what the risks are. Buying at a low price or several years ago will certainly get a lot of benefits if psychology is still strong and believes that bitcoin will continue to grow. many people suddenly become rich because they managed to hold bitcoin until now. then buying at a cheap price today can also be a good choice. Remember the target price of $100k is still not reached, bitcoin still has a long way to go. Don't FOMO and don't follow the scattered FUD.
yeah right. keep doing your own research and looking from various sources to know when to start buying Bitcoins. I myself have paid in installments (DCA) . and as you said today many people become rich because they are so strong they hold bitcoin for years even though the fud is scattered but they are not consumed by bad news and still believe in bitcoin. so that they reap the sweet fruit of this day, namely, great wealth. and they deserve it because their struggle in holding bitcoin is not something that is easy to do especially for people who are mentally weak.
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stompix
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You're right that the current price (always) matters. But on the other hand, it matters only for the one who will buy or sell. If one decides to just hold for long, simply because he's no longer a good trader, or has never been, the price is just something not-really-relevant, which has a better chance to make him die of hearth attack before he gets to enjoy the returns of the investment. Or makes newbies panic sell (same newbies will be disappointed now, but may buy again when FOMO bubble is nearly at peak again).
I would say that it doesn't matter temporarily or for the time being. Even the persons that hold, they hodl till a moment when the price becomes attractive to sell, I doubt that when BTC (big if!) hits 1 million too many will keep saying 1btc=1btc and more like 1 btc =5 lambos! Or rather than going through long explanations or scenarios, how about, "everything has a price". . There will always be either a price or a moment in life when everyone will simply say, f*& holding, I'm rich! As for the newbies part, that's one of my biggest concerns when I'm entering bear mode. If newbies get continuously scared by price dumps and they get fleeced in scams or pump and dumps schemes there is a moment when the inflow of users will start shrinking, and with a limited userbase there comes a limited fiat injection, and, you obviously can guess the end result. That's why I'm always frowning and not cheering when I see talks about "weak hands/ cheap coins" and stuff like that.
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. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | ▄▄███████▄▄ ▄███████████████▄ ███████████████████ █████████████████████ ███████████████████████ █████████████████████████ █████████████████████████ █████████████████████████ ███████████████████████ █████████████████████ ███████████████████ ▀███████████████▀ ███████████████████ | | .
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yhiaali3
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May 17, 2022, 08:38:32 AM |
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I don't understand why people compare bitcoin to dollars or any other fiat, bitcoin alone holds value while fiat doesn't, what makes these worthless fiat currencies have so much value? They are the ignorant people who do not know that the dollar is a worthless fake paper!!! Why do they not pay attention to what happened in many countries such as Venezuela, Zimbabwe and others, where paper currency has lost its value and people are using it to set fire or toilet paper!!! The same thing can happen to the dollar.
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NeuroticFish
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May 17, 2022, 09:17:58 AM |
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I would say that it doesn't matter temporarily or for the time being.
I can agree to that. Even the persons that hold, they hodl till a moment when the price becomes attractive to sell, I doubt that when BTC (big if!) hits 1 million too many will keep saying 1btc=1btc and more like 1 btc =5 lambos! Or rather than going through long explanations or scenarios, how about, "everything has a price". . There will always be either a price or a moment in life when everyone will simply say, f*& holding, I'm rich! I think that the price has to be over (not just at) a certain level (which is different from person to person) for some time, to allow him sell. I don't realistically expect one will sell $1M worth of BTC at once, just because the price is good. Getting that much fiat can be ... risky. 1M is another story. People's expectations/dreams may also depend on how much BTC they have. But yes, here we're pretty much on the same page. As for the newbies part, that's one of my biggest concerns when I'm entering bear mode. If newbies get continuously scared by price dumps and they get fleeced in scams or pump and dumps schemes there is a moment when the inflow of users will start shrinking, and with a limited userbase there comes a limited fiat injection, and, you obviously can guess the end result. That's why I'm always frowning and not cheering when I see talks about "weak hands/ cheap coins" and stuff like that.
Imho the 1 BTC = 1 BTC is meant to help them handle their fears. Even "yay, more cheap coins to buy" is something I see as informative/useful for the newbies.
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. .HUGE. | | | | | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . CASINO & SPORTSBOOK ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | |
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Anders_Bitcoin
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May 17, 2022, 09:25:06 AM |
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It's funny and sad to see all people panicking. They are selling and losing. They're buying inflationary fiat Do they even know it? Remember guys, 1 BTC will always equal 1 BTC and the supply is very limited. If you can see this in the long run you will be a winner. Of course, chickens will run home as always Don't worry, HODL, BTC will come back stronger than before. To The Moon! BTC- Let the haters feel good, this is all they can do anyway. This is a fundamental thought. From trading profits (about 50% of it) I am buying bitcoin into my long-term spot portfolio. It does really matter
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dlightag
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May 17, 2022, 10:15:50 AM |
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That is the truth, bitcoin can not be compared to inflation coins, because Bitcoin Total supply 21,000,000, which 1BTC=1BTC no addition, and bitcoin is number one coin in crypto space, which many holder that did not saved it private key or Not saved it in propel for family not to have access to it and death take is the supply has automatically reduced without recorded on smart contract, Therefore is good to buy bitcoin and hold.
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taufik123
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May 17, 2022, 03:14:19 PM |
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-sni-p
investing with the DCA strategy will be very helpful. Because you will routinely buy bitcoin at any time even though the market is bearish or bullish. If you continue to do it and you believe, of course you will benefit from what you have done. Little by little more will accumulate. You also have to really prepare your mentality and of course there are some reserve funds that are specifically devoted to bitcoin installments.
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sklopan
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May 17, 2022, 04:20:57 PM |
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I like it better when someone buys a bitcoin at 60k and now the price has changed...and there is a debate about the final price.
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keios
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May 18, 2022, 03:06:34 PM |
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One tulip is still worth 1 tulip. Good job I didn't sell at the peak and buy a house
Tulips and bitcoins are not comparable.
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rodskee
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May 20, 2022, 02:12:28 AM |
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Even at this market condition MicroStrategy CEO Michael Saylor is bullish about the bitcoin price. He has mentioned of bitcoin as a long term investment and he'll continue to buy regardless of the price moves. His company stocks price fell down 45% from the previous week closing at the low of $168. About Dollar, the monetary policy expansion and inflation is a big problem affecting the purchasing power.
Current price action may seem discouraging for crypto investments but believe me, these are the best price to get into crypto. You will not find bitcoin under 30,000$ for long. There will be pain and fud in the market. If you are strong enough not to sell your coins in these panic times, believe me, you will be rewarded huge in the coming future. Instead on freaking out yourself on these red or bearish times its more ideal if you do consider on having that DCA system as long your finances or budget allocation do permits you. Not all would really be having the finances for them to make such action even if they wanted to but instead they do hold off their floating negatives until the market recovers. For those people who had been dealing with this market and does have money to be invested then times like these are really the best one to dive in into the opportunity. and besides there is other options right? and that is buying in the cheaper prices now and with that? of course we are all considering buying when the price is dumping right now . Like what OP says , it is 1btc=1btc and with that it will be always advantage for all of us in buying as long as we have our funds ready when there is a bear happening like now.
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