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Author Topic: If I get heart Attack that is because of BITCOIN  (Read 813 times)
Munir575
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October 04, 2022, 08:46:35 AM
 #61

Invest and hold. Check prices once a week rather than everyday. You never know if a pump will be followed by a dump or another pump, so resist the need to react to every pump or dump. Wait until you are truly at ease before selling. What will you get if you start with $200 and bitcoin increases by 5%? $10 in revenue? Stop short-term trading, and stop often checking the price.
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October 04, 2022, 09:31:40 AM
 #62

Hi guys I think I might have heart Attack cause when I buy Bitcoin it goes to lows and when I sell Bitcoin it goes higher and today I sold my all Bitcoin earnings that were 200 dollars and than. BITCOIN starting pumping very hard and that was very very annoying to me. What should I do about this?

That means take all slow don't rush all decisions you made since sometimes you will grab the wrong position because you get FOMO by what you read.  Also take note on your decisions which you made a mistake because those experience can help you to decide what is right on your next trades and also you will be more better trader for  what you experience.

R


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October 04, 2022, 10:42:29 AM
 #63

I will get a heart attack if I don't manage to accumulate another BTC before the next bull run! Grin
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October 04, 2022, 11:24:50 AM
 #64

Hi guys I think I might have heart Attack cause when I buy Bitcoin it goes to lows and when I sell Bitcoin it goes higher and today I sold my all Bitcoin earnings that were 200 dollars and than. BITCOIN starting pumping very hard and that was very very annoying to me. What should I do about this?
I think you should set your own goal when you want to sell your Bitcoin, since when you buy Bitcoin the price goes down and when you sold your Bitcoin the price is up maybe it's because you panic selling when the Bitcoin go down after you buy it and it rebounds to at some price which made you get some heart attack. Try to hold for the long term and something like this is almost not going to happen.
Predicting the future doesn't make you a profit because you may end up predicting it wrong. But, if you calculate when you should sell based on the price and not the date, you will end up with a profit for sure. I am not saying that I will sell it next year, or the year after that, or next month, it doesn't matter "when" it will reach where I need it to reach.

I always say that I will sell when it is high enough amount that I would be able to retire with it, and right now it is impossible to do that with bitcoin, but if I could earn more from altcoins that go to moon, then I will be able to retire when the amount is enough for me to retire, not "when" but "how much".

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October 04, 2022, 12:38:04 PM
Merited by _BlackStar (1)
 #65

Hi guys I think I might have heart Attack cause when I buy Bitcoin it goes to lows and when I sell Bitcoin it goes higher and today I sold my all Bitcoin earnings that were 200 dollars and than. BITCOIN starting pumping very hard and that was very very annoying to me. What should I do about this?

You can stop trading. Trading is not for you, you can buy bitcoin only for a long term purpose and pay no attention to the price fluctuations. It happened to me, when I was trading I was so much clued to my screen to the extent that I don't even trust my stop loss Grin. When my portfolio reduces much, that feeling that the market will never reverse will overwhelm me, I'll then sell. After selling at loss, few days later the market will start rising again.
This happened to me because I came from the foundation of forex trade, where if market goes against you, it might never reverse till eternity.

When I noticed that trading wasn't good for my health, I started buying for a long term purposes with DCA paying little/no attention to price fluctuations. I now have peace of mind.

R


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October 04, 2022, 12:57:19 PM
 #66

We are all in the same boat! You need to take a chill pill. Things will get better with time. Have patience and hold it.
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October 04, 2022, 01:17:14 PM
 #67

My advice to you is... take a break and do other things that will get your mind off btc price fluctuation. The more you look at it, the more you get apprehensive over the market condition and the more it will affect your health.
I would have suggest you hodl it for long period but from the tone of your voice, you sounded like you have limited cash and your invested fund will be required in a short term. if this is the case, you can always sell and wait for when the market is in recovery to get back in again.

It is always serviceable to only invest what you can afford to lose or invest your spare cash that will not be needed in a short period. There is nothing anybody can do at this point than to patiently wait for market recovery. There is no need to give yourself heart attack over something that is totally out of your control. Stay Healthy.
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October 04, 2022, 02:01:55 PM
 #68

Hi guys I think I might have heart Attack cause when I buy Bitcoin it goes to lows and when I sell Bitcoin it goes higher and today I sold my all Bitcoin earnings that were 200 dollars and than. BITCOIN starting pumping very hard and that was very very annoying to me. What should I do about this?
Stop trading and start planning long term investments, this should be the best advice for you.

I don't think you should always be an active trader if you panic too much about price fluctuations, it definitely won't be good for your heart in the long run. Remember, you are doing all this for profit not for disease. So consider my advice for your health, one more thing ignore price fluctuations and focus on your long term plans.



-snip-
Hmmm, I have to sigh about this, somehow I had the same thought as you, but to be honest I didn't pay attention to your suggestion before I replied to the OP.


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October 04, 2022, 03:03:37 PM
 #69

I'm sorry to hear that, I know it must be very upsetting for you. but remember, things like this are common and become a risk in trading.
calm your mind and don't think you are the only one, many people who experience losses like that even more losses they experience.
okay, I hope in the future you can make things like this a valuable lesson and I hope you don't repeat your mistakes again.
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October 04, 2022, 07:06:08 PM
 #70

Stop trading and start planning long term investments, this should be the best advice for you.
It is true, trading more often makes traders experience panic attacks especially if the market is in a bearish phase. Panic was felt by many traders, not limited to novice traders. The loss percentage will be calculated so traders may feel like a failure and exit once the price drops beyond their expectations.

For that, I agree long-term investment is best for those who don't have many ways to control their psychology. It's hard to be a trader capable of having good self-control, but I think experience and knowledge will make a difference.

.
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October 04, 2022, 07:42:54 PM
 #71

Hi guys I think I might have heart Attack cause when I buy Bitcoin it goes to lows and when I sell Bitcoin it goes higher and today I sold my all Bitcoin earnings that were 200 dollars and than. BITCOIN starting pumping very hard and that was very very annoying to me. What should I do about this?
DYOR first so you will know the best time to buy and sell, and not that you start buying and selling just because you think its the right timing. Otherwise, if you keep doing the same thing, you will always see yourself panicking and will always be pressure on the rise and fall of bitcoin price. Also, stop monitoring the price chart more often if you think it’s not helping at all.

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October 04, 2022, 09:08:10 PM
Merited by fillippone (2)
 #72

Hi guys I think I might have heart Attack cause when I buy Bitcoin it goes to lows and when I sell Bitcoin it goes higher and today I sold my all Bitcoin earnings that were 200 dollars and than. BITCOIN starting pumping very hard and that was very very annoying to me. What should I do about this?

It seems you were not well mentally prepared before investing into bitcoin. You need self learning or preferably a coach to guide you about that. Investing into bitcoin is not a life sentence that you feel like having heart attack. These are one of the things you should avoid as a beginner, not having enough knowledge and jumping into investment without prior research.

One of the qualities of a good trader is to be patient and have self-control in whatever situation the market is. If you don’t have sufficient knowledge about the market yet, it is better to invest for a long-term and you won’t worry about the price fluctuations now till your target is meant.

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October 04, 2022, 09:08:24 PM
 #73

Hi guys I think I might have heart Attack cause when I buy Bitcoin it goes to lows and when I sell Bitcoin it goes higher and today I sold my all Bitcoin earnings that were 200 dollars and than. BITCOIN starting pumping very hard and that was very very annoying to me. What should I do about this?
DYOR first so you will know the best time to buy and sell, and not that you start buying and selling just because you think its the right timing. Otherwise, if you keep doing the same thing, you will always see yourself panicking and will always be pressure on the rise and fall of bitcoin price. Also, stop monitoring the price chart more often if you think it’s not helping at all.
If you do know on what you are doing and expect something which are the things that could possibly happen in the market, then you wouldnt really make yourself freak out or having that heart attack.

Its normal that this market is totally unpredictable and since we are just humans then it is really that normal that we would really be having these kind of reactions towards price volatility.

You cant really make out on being that too confident or just chilling out whenever you do have crypto investment unless if you do go for long term.
It is really hard and this is something that you cant really able to handle it all easily.

R


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October 04, 2022, 09:47:19 PM
 #74

Hi guys I think I might have heart Attack cause when I buy Bitcoin it goes to lows and when I sell Bitcoin it goes higher and today I sold my all Bitcoin earnings that were 200 dollars and than. BITCOIN starting pumping very hard and that was very very annoying to me. What should I do about this?
Nobody who sell he or her bitcoin in dip season and that period of time the price increase that always be happy of it's transaction, it's what i observe, it's with patients that makes people to understand that being panic in cryptocurrency value when the value is getting dip in the market is not really good from my perspective, because it's one of the major thing that lure people and mostly people that are new to cryptocurrency to sell out their coin without benefit or profit.



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October 04, 2022, 09:55:27 PM
 #75

Hi guys I think I might have heart Attack cause when I buy Bitcoin it goes to lows and when I sell Bitcoin it goes higher and today I sold my all Bitcoin earnings that were 200 dollars and than. BITCOIN starting pumping very hard and that was very very annoying to me. What should I do about this?
Then always think twice before you create such decisions. Make a thorough research first and analyze how the market moves so you will know if it’s profitable to buy or sell. Otherwise, you will always make wrong decisions and regret it in the end. And I hope you already know from the start that bitcoin investment is like a roller coaster, sometimes you’re up, sometimes you’re down.

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October 04, 2022, 10:46:05 PM
 #76

Hi guys I think I might have heart Attack cause when I buy Bitcoin it goes to lows and when I sell Bitcoin it goes higher and today I sold my all Bitcoin earnings that were 200 dollars and than. BITCOIN starting pumping very hard and that was very very annoying to me. What should I do about this?
Then always think twice before you create such decisions. Make a thorough research first and analyze how the market moves so you will know if it’s profitable to buy or sell. Otherwise, you will always make wrong decisions and regret it in the end. And I hope you already know from the start that bitcoin investment is like a roller coaster, sometimes you’re up, sometimes you’re down.

It's true in the crypto world where investing or trading does have a very high risk, so don't be too hasty in making decisions. We can do research
and analysis first, to predict where Bitcoin will move. Most people make the mistake of making decisions based on other people's opinions, because
other people's opinions are not necessarily accurate. From now on try to trust the results of our own research and analysis, even if Bitcoin does not
move according to predictions, it is a common thing in the crypto world.

What we need to do is never panic when Bitcoin's movements don't match predictions, the important thing is that we understand how Bitcoin works.
Which we should not sell our Bitcoins at low prices, meaning that after we buy Bitcoin the price goes down, we have to hold the Bitcoin until the price
goes up again. Even if we still have money, we can buy Bitcoin every time the price goes down. Then we will hold the Bitcoin until it reaches the target
price we want, the conclusion is that we really have to be patient when investing or trading Bitcoin.

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October 05, 2022, 02:37:58 AM
 #77

Hi guys I think I might have heart Attack cause when I buy Bitcoin it goes to lows and when I sell Bitcoin it goes higher and today I sold my all Bitcoin earnings that were 200 dollars and than. BITCOIN starting pumping very hard and that was very very annoying to me. What should I do about this?
To begin with you need to relax, I know that losing money is always hard and this is not something anyone wants to experience but if you are not able to take your losses more lightly you will really get sick one day, the next thing to do is to be honest with yourself and evaluate how much effort you have put towards becoming a good trader, how many months or years you have studied the markets? How many hours you spend daily on this? How much research material have you read? If you cannot answer those questions honestly then most likely you are not ready to be a trader.



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NicNacCoin
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October 05, 2022, 08:51:06 AM
 #78

Hi guys I think I might have heart Attack cause when I buy Bitcoin it goes to lows and when I sell Bitcoin it goes higher and today I sold my all Bitcoin earnings that were 200 dollars and than. BITCOIN starting pumping very hard and that was very very annoying to me. What should I do about this?
Actually sir it is no fault of your forehead. No one is 100% successful in this cryptocurrency.This type of incident is not only in your life, I think that this type of incident has happened in the life of everyone who works in cryptocurrency.Be patient and keep reinvesting again.A long-term investment with patience will definitely make you profitable Never lose patience. And remember that you invested in the most popular currency thinking that if you left it for the long term, you would definitely get something out of it.

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October 05, 2022, 09:04:18 AM
 #79

Hi guys I think I might have heart Attack cause when I buy Bitcoin it goes to lows and when I sell Bitcoin it goes higher and today I sold my all Bitcoin earnings that were 200 dollars and than. BITCOIN starting pumping very hard and that was very very annoying to me. What should I do about this?
Actually sir it is no fault of your forehead. No one is 100% successful in this cryptocurrency.This type of incident is not only in your life, I think that this type of incident has happened in the life of everyone who works in cryptocurrency.Be patient and keep reinvesting again.A long-term investment with patience will definitely make you profitable Never lose patience. And remember that you invested in the most popular currency thinking that if you left it for the long term, you would definitely get something out of it.

I believe this happens to almost everyone, who is investing in this market, I have met many times like this. Every time I finished selling the coin went higher and when I bought it fell even further, it's normal in trading, as long as we always make a profit every time we close the trade everything is fine. The market is always moving so we cannot expect to sell at the highest price or buy at the lowest price and if you have a long-term investment strategy, don't worry too much about short-term fluctuations.

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October 05, 2022, 02:52:52 PM
 #80

You need to learn how to manage your emotions because Bitcoin investment is such a challenging thing. This usually happens to most Bitcoin investors but you have to set your target goal on when to sell your assets so you will have a guide. Also, you need to deal with the volatility of the market. Panic selling will only lead to wrong decisions and losses so you must have to control yourself whenever you fear afraid that the market would fall without you gaining any profit.
That is because bitcoin moves like a real roller coaster and you know what it feels to ride one in the amusement park. It's like you will get a heart attack but if you know that you are a faint hearted then should not try to engage on it because you might get a real heart attack and that can end up your life easily.

The only difference of bitcoin from a real roller coaster ride is that you are putting more funds in it so you can lose more money if you didn't manage your investment well but if only one will study bitcoin carefully, I think they won't be shocked anymore for whatever movements it can make and then will also know how to deal with it.

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