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Author Topic: Crypto Price Up & Down is normal be patient All Crypto Holders  (Read 374 times)
poodle63
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June 04, 2022, 11:13:01 PM
 #21

investing like this is just a game of waiting for the right time, unfortunately some of us could hardly go against the market psychology because it's like going against the current and that is hard.
Basically even if our investment has been down more than 50% it's still an unrealized loss as long as we keep holding it for long waiting for the right moment for making profit.
that's literally the only hardest thing in investing, but eventually if the altcoin that you are holding is good, you are already destined for gaining great return of investment by holding long term.

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June 04, 2022, 11:21:19 PM
 #22

Getting money from cryptocurrency is not every thing and any time cryptocurrency fall all hope will be lost, cryptocurrency if you are holding coin try and hold it strong because cryptocurrency, this is the pattern since i know cryptocurrency, it makes people to lose hope and when it wants to recover it recover fully with out stoppage, those list op make is what will contribute to discourage long holders of any coin weather is bitcoin or altcoins, don't fear hold your coin because I'm holding my coin until bull market

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June 04, 2022, 11:43:55 PM
 #23

Yes it  is very normal for the cycle of up and down trend in the crypto space. Moreover, it is now heading to bearish era. This means that every day may be full of price drops although it may also increase, it will not be significant. Btw related to our holding, as long as the coins or tokens that we are holding have good market cap, we may not really worry. Although I also know that everything is risky in crypto world. but at least, we can decrease the risk by holding top coins only that are no hype. Moreover Bitcoin, it is just a matter of buy and hold.
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June 05, 2022, 03:45:32 AM
 #24

You already know the answer Grin
~snip~
Definitely right and it was proven and tested for how many years.
This is a very normal scene of BTC price, the up and down which makes their price so volatility. But have you noticed that BTC always ended up at a high price and always create a new ATH?
That is right, we need to extend our patience and wait until BTC will reach a new ATH again which is a lot of people will have a benefit from holding BTC and sell in the right time or never sell much better.
For people who have been in the bitcoin world for a long time, you must know that bitcoin always reaches its highest price at a time and always creates new ATH. The problem is that people who just joined bitcoin don't know it or don't believe that bitcoin will increase again after being at the bottom and that makes them panic and can't wait for the price to go up.

If they could wait patiently, they would get a big profit and their wait would not be in vain. In addition, they also have to pay attention to when it's time to buy and sell so they don't get stuck in high prices when they buy.

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June 05, 2022, 07:29:58 AM
 #25

Good things come to those who wait. As long as you trust your holdings as well as their capability, patience would really be the best thing to do especially during this market situation. Crypto is volatile and the cycle of the bullish and bearish market is necessary. This is the challenging state for most of the investors but great upcoming events especially the Bitcoin halving would have a positive impact on the market so let's just keep on holding.
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June 05, 2022, 10:09:19 AM
 #26

...Blind investment wouldn't get you nowhere unless you really have that risky appetite on you, but if you don't, better have a financial advisor with you.

It is obvious that not all coins, after the end of the bear market, can increase in price to high, while installing a new ATH. Therefore, it is very important to conduct your own research before buying a particular coin, otherwise you may lose your money.

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June 05, 2022, 10:13:36 AM
 #27

The main problem why some people can't make good profits from crypto is lack of patience, some people think 2024 like a very long time coming. The same thing I said back in 2018 but between 2018 and 2021 btc price went up a lot more than we expected.  
All you need to do as a holder is just leave your asset in your own personal wallet. Patience is key in every investment otherwise there won't be a positive outcome.

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June 06, 2022, 11:01:42 AM
 #28

...Blind investment wouldn't get you nowhere unless you really have that risky appetite on you, but if you don't, better have a financial advisor with you.
It is obvious that not all coins, after the end of the bear market, can increase in price to high, while installing a new ATH. Therefore, it is very important to conduct your own research before buying a particular coin, otherwise you may lose your money.
People likely wanted to find coins that may give them 100x or more, it's a not a bad culture but for some reason it's getting rare unless you got in early. People will tend to focus on altcoins when in fact Bitcoin can still be profitable in the long term. Don't invest on coins you don't know how it works, just a simple advice.

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June 06, 2022, 12:18:55 PM
 #29

...Blind investment wouldn't get you nowhere unless you really have that risky appetite on you, but if you don't, better have a financial advisor with you.

It is obvious that not all coins, after the end of the bear market, can increase in price to high, while installing a new ATH. Therefore, it is very important to conduct your own research before buying a particular coin, otherwise you may lose your money.
Sometimes some people neglect to do research even though it is very important,
In minimizing mistakes in buying coins I think doing research is one that has a big role,
but it's different if it's talking about top coins like Bitcoin, Ethereum, and BNB because they are unquestionable coins
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June 06, 2022, 12:19:50 PM
 #30

This is being discussed all the time but thanks for reminding everyone once again, just in case someone forgots this facts already and they are now starting to lose their motivation to continue holding and buying. Not all cryptos are to hold for a long time, we can use the late luna for example. It already reached its maximum price after a year or so, before it died down.

Over a year isn't that long imo. It is important to know the capacity of the coin if it has the potential to stay for a much longer time or not and about that shiba inu, where did you get that information, lol wtf? Shib didn't even cross a dollar yet. Not sure if what you mean is a different coin or I only didn't get your message.
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June 06, 2022, 12:26:05 PM
 #31

Wait, I don't understand the prices that you've given for Shiba Inu. Shib didn't even reached a price of dollar because of its supply but I do understand the logic that it's also up early this year just like the other altcoins but the pricing, it's wrong that you've said.

How do you think people got rich in crypto and hold Crypto worth tens of thousands and millions?
You have already explained it that they've bought when the price is low and became greedy so, they've accumulated a lot of it. Whilst holding it, they might have some other businesses that they're relying on while waiting for their crypto investments to flourish. Holders are investors, businessmen and also normal people that have other things to do. So, when their investments in crypto gets a boost and grown a lot, it's the time they'll decide whether they'll quit their jobs and build their businesses and other source of income through the profits they've made out of crypto.
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June 06, 2022, 12:36:17 PM
 #32

...Blind investment wouldn't get you nowhere unless you really have that risky appetite on you, but if you don't, better have a financial advisor with you.

It is obvious that not all coins, after the end of the bear market, can increase in price to high, while installing a new ATH. Therefore, it is very important to conduct your own research before buying a particular coin, otherwise you may lose your money.
Sometimes some people neglect to do research even though it is very important,
In minimizing mistakes in buying coins I think doing research is one that has a big role,
but it's different if it's talking about top coins like Bitcoin, Ethereum, and BNB because they are unquestionable coins

And sometimes even if the knew still they afraid on what currently they see and they didn't even think about what will happen in future that's why many people got mistake to ride at the dumping party while the market slides down and didn't do anything when opportunity to buy is occuring on their sight. That's why we see so many people regret about not buying or dumping their coins at early because they can earn or recover if they just extend their patience. So newbie's should not follow this that's why its good to do our own research because we can find this information and data exist before and even now.

R


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June 06, 2022, 02:02:23 PM
 #33

That only applies to those who have been in this industry for a long time because they have the experience and also enjoy the ride they believe in and also don't care when the price drops again after going up, and they know what to do.
different from the new, because it is only tempted when many people become rich because of bitcoin and other cryptocurrencies without being based on sufficient knowledge and also good analysis.
but it is a real journey and many of them hate it when they suffer losses and there are also those who are successful but whatever the reason that happens to them will add users, because the successful ones will survive, and there are also those who fail also survive. And they will learn from their previous mistakes and learn everything well.
So the new one did not make a fatal mistake even though it would affect the market, just a lack of knowledge but with events like this sooner or later it will increase users. And that's the process of becoming popular.


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June 06, 2022, 03:01:30 PM
 #34


Buy and wait. The next Halving will be on 2024. That's a long wait. But yes sure, can't believe a $1k worth of Shib is now worth $2.  Grin

Lots of so called experts actually are saying we are at the bottom already which there could be a bull run again. We may not know until it happen but hey if you are willing to wait, just do it. As long as you won't spend your BTC and wait for the price to go up, you won't lose anything. There - that should be encouraging.

That's because Shiba was a pump and dump. There are a lot of those. I'm not saying that it's good or bad but if you are investing in scams dog coins, make sure that you aren't the one caught holding the bag when the music starts. If you are interested in making money long term in crypto, consider POS blockchains with high APY rewards, like CNDL and NEAR. That way you can profit in both bear and bull markets.
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June 07, 2022, 08:08:18 AM
 #35

That is why i said the market is being flooded with impatient users or investors, the real investors who knows too well about the industry never panic rather they always prays for another chance to come for them to utilized it again to stand for a better chance of making good profits. It's only those who had about the recent rise of BTC with reputable currencies that jumps into the market thinking it will all be Bullish but fails to understand the common principles in the market.


Buy and wait. The next Halving will be on 2024. That's a long wait.


Investment of 2 years is not that much, rather it's advisable you should invest with spare money or money not in a budget for used at the main time. Getting Rich is not an easy task therefore it requires patient for someone moving to the next level.

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June 07, 2022, 08:30:38 AM
 #36

Buying at low price and hold until it reached your set value to sell seems easy and simple but actually its not suited for everyone who cant hold for long.

You can be a huge gainer if you invest in crypto but it takes a lot of patience because that history of ATH for crypto didnt happen in short period, investors waited for years. Thus if you can hold for long period and can bear seeing the market in bloody status without worrying then its likely for you to have a good result. But its only possible if you invest in coins that wont turn to shitcoins as time passes by.

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June 07, 2022, 08:52:26 AM
 #37

That is why i said the market is being flooded with impatient users or investors, the real investors who knows too well about the industry never panic rather they always prays for another chance to come for them to utilized it again to stand for a better chance of making good profits. It's only those who had about the recent rise of BTC with reputable currencies that jumps into the market thinking it will all be Bullish but fails to understand the common principles in the market.
Just let those impatient users or investors panic or be confused waiting for the market to move and in the end, if they stay like that, they will lose their money.
We must remain patient, waiting for the market to increase again while still being given the opportunity to buy various potential coins, including bitcoin.
Yesterday's bitcoin price increased again but now it's back down again and this is our chance to accumulate more bitcoins after getting profits.
But in the long term, the price of bitcoin could still rise high again in the future so if you can hold on to your bitcoins, you have the possibility to sell bitcoins at high prices again.

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June 07, 2022, 01:47:13 PM
 #38

Sometimes some people neglect to do research even though it is very important,
In minimizing mistakes in buying coins I think doing research is one that has a big role...

The problem is that not everyone can independently and thoroughly conduct research. In large funds, whole teams of specialists are working on this, who are engaged in assessing the prospects of the coin. On the forum, instead of trying to conduct our own research, request help with the choice of coins for investment. Just not the fact that such a purchase will be profitable.

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June 08, 2022, 07:46:48 PM
 #39

Just let those impatient users or investors panic or be confused waiting for the market to move and in the end, if they stay like that, they will lose their money.
We must remain patient, waiting for the market to increase again while still being given the opportunity to buy various potential coins, including bitcoin.
Yesterday's bitcoin price increased again but now it's back down again and this is our chance to accumulate more bitcoins after getting profits.
But in the long term, the price of bitcoin could still rise high again in the future so if you can hold on to your bitcoins, you have the possibility to sell bitcoins at high prices again.
Those impatient or manic people are the reason why we are capable of making money so easily. If it wasn't for that people, how would I know how to make money? I just do the opposite of what they do and make a good profit. Like for now, right now you could just buy anything you want at the top, wait, and eventually you will profit, there is no need to be manic about it and you would be fine.

However, these people end up trading like crazy, even leverage trade during Luna crash, and hope that they would get rich. The "need" to do something in order to make money is a real one, people fail to comprehend the idea of making money without doing anything.

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June 08, 2022, 09:59:32 PM
 #40

Ups and downs of crypto price are the crypto way. Happens all the time. Happens to both old and new crypto. Crypto is for holding for a long time for maximum profit.

Recalling History :

  • Bitcoin went from $19,000 to $3,000 Then to #60,000
  • Ethereum went from $1,000 to $80 Then to $4,000
  • Dogecoin went from $0.001 $0.00008 Then to $0.1
  • BNB went from $400 to $60 Then to $500

And we also know, that Shiba INU from worth $1000  down to $2 for almost a year. Later Shiba INU worth $1,000 became $10m!


How do you think people got rich in crypto and hold Crypto worth tens of thousands and millions?

The answer is that they buy when the price is very low like in the current market. Now is the time to buy. That being said, Bitcoin before went from $19k down to $ 3k and smart people bought Bitcoin at $ 3k! The same thing is happening again. Crypto price is all about up and down. The rich buy crypto when the price is very low like now, keep it and the price increase 10 times + from $1 to $100+ then they sell with huge profit. So make sure to buy Crypto now and wait.




I believe none of us here can predict correctly what will be the bottom price so if we can't make the best timing to buy, then we'll do DCA. It's always a safe strategy to use so we will never lost the opportunity to buy bitcoin at its lowest price, or even the solid altcoins in the market. Wise investors will always make good market predictions and analysis, but if we can hardly do it, then settle for DCA as its always a win win strategy.

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