Each time you see a red candle!

[Zilon]

The worst state of any investor is to be at long term loss. It comes with so much anxiety, anger, Fuddity, pressure, spoiled plans and many more ill happenings. But I see it as a time to abandon the old investment and focus on taking advantage of the bear moment seeking for new opportunities because as far as Bitcoin is concern there are new opportunities in every cycle. The beauty of an investment is in its quantity because with much quantity comes so much value.

One of the biggest issues Bitcoin buyers face is that they use money meant to solve an urgent need to invest and end up selling at a loss to meet up with the need. Investment is best done with funds that don't have used in the nearest future, I prefer to call it errand money and because it is an errand money it is not meant to return immediately so errand takes longer time before they get delivered. The beauty of Bitcoin is long term investment. Hodl until it turns green. If it is not green, it isn't ripe for harvest. Each time a red candle appears, it is a signal to look out for buying opportunities.

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[Quidat]

Sounds and it do looks simple but this isnt something that you could easily deal with because as a human being you would really be looking for the bottom price as low as possible.
Also we are that having those emotions which you cant really assure yourself that you would be able to withstand market swings and so as with your emotional swings too.
Honestly, it is really hard to control it out if you dont have that sufficient experience and awareness about this market.This isnt something you could really
deal with.

[Yatsan]

To avoid fear or pressure, know what you are doing. A long candle won't mean that it is the end of a 'rally'. The market itself is unpredictable; even TAs are just for guidance only and won't mean certainty with the market price behavior.

The worst state of any investor is to be at long term loss. It comes with so much anxiety, anger, Fuddity, pressure, spoiled plans and many more ill happenings.

Since you've engaged to long term invest, that should be normal because that is the 'gamble' to long term holding. If this is the case, I think (if I'm wrong please correct me) investor id at fault if he would suffer from lomg term loss. In the first place, not because it is long term, you won't take precautionary actions to either cut or endure the loss. You still need to measure if there are possibilities of recovery or not; whether to move from one to another token.

[Oshosondy]

Hodl until it turns green. If it is not green, it isn't ripe for harvest. Each time a red candle appears, it is a signal to look out for buying opportunities.

As trading is a course to learn, hodl is simpler but it is worth learning too which is not difficult at all. Assuming bitcoin was at $50000 and you bought $250 worth of it. When it decreased to $30000, you bought $250 of it. When it got to $20000, you bought another $250. When it got to $16500 and stayed for long, you bought $250 of it. The average buying when you will start making profit would be $23300 while the price you bought in average would further decrease to favour you as you buy more at lower price.

Do not just buy bitcoin at once, have a plan like averaging.

[TravelMug]

The worst state of any investor is to be at long term loss. It comes with so much anxiety, anger, Fuddity, pressure, spoiled plans and many more ill happenings. But I see it as a time to abandon the old investment and focus on taking advantage of the bear moment seeking for new opportunities because as far as Bitcoin is concern there are new opportunities in every cycle. The beauty of an investment is in its quantity because with much quantity comes so much value.

You only lost when you sell your crypto at a price lower that you bought it. And so it's a paper lost if you just hold on your crypto and not willing to sell unless you really make some money or wait till the next bull run.

One of the biggest issues Bitcoin buyers face is that they use money meant to solve an urgent need to invest and end up selling at a loss to meet up with the need. Investment is best done with funds that don't have used in the nearest future, I prefer to call it errand money and because it is an errand money it is not meant to return immediately so errand takes longer time before they get delivered. The beauty of Bitcoin is long term investment. Hodl until it turns green. If it is not green, it isn't ripe for harvest. Each time a red candle appears, it is a signal to look out for buying opportunities.

If that is the case then you are not investing what you can afford to lose simply as that. Because if the money that are you investing are just for investing itself then why would you sell at a lost? So yeah, just invest some errand money or just extra in your pocket and look for the long term returns.

[Silberman]

The worst state of any investor is to be at long term loss. It comes with so much anxiety, anger, Fuddity, pressure, spoiled plans and many more ill happenings. But I see it as a time to abandon the old investment and focus on taking advantage of the bear moment seeking for new opportunities because as far as Bitcoin is concern there are new opportunities in every cycle. The beauty of an investment is in its quantity because with much quantity comes so much value.

One of the biggest issues Bitcoin buyers face is that they use money meant to solve an urgent need to invest and end up selling at a loss to meet up with the need. Investment is best done with funds that don't have used in the nearest future, I prefer to call it errand money and because it is an errand money it is not meant to return immediately so errand takes longer time before they get delivered. The beauty of Bitcoin is long term investment. Hodl until it turns green. If it is not green, it isn't ripe for harvest. Each time a red candle appears, it is a signal to look out for buying opportunities.

The truth is that a great deal of investors which put their sights in this market do not really have what it is needed to become successful in this market, at the most basic level you only need two things and that is seed capital and knowledge about investing, and most of those investors do not have either of those two things, they do not know anything about investing and they do not have the money to spare either, because as you mention at the first sign of trouble they sell their coins as they simply cannot afford to lose any money, even if this is inevitable for any investor during their careers.

[adaseb]

Bitcoin is one area where many investors were burnt but stock market is another. There are so many people who lost their savings due to stock market losses. The biggest lately is Tesla stock.

Even one guy says he lost $10M of his families retirement due to overinvesting in Tesla and it’s not the only company. Meta, Netflix, Nvidia, Etc where all stocks that were popular and ongoing huge corrections.

[Outhue]

Well said, this was the same strategy I used in 2017 and I end up selling 70% of my assets just to sustain myself, many people think that investing in crypto is a short term especially now that we are in a bear market, if you aren't preparing for a long term investors do not even try to invest.

This market can last another one and a half years before we start seeing good returns on investments, we haven't even gotten to the point where everyone will feel frustrated like in march 2020, I believe that we will see such again.

Be prepared.

[LFC_Bitcoin]

Well said, this was the same strategy I used in 2017 and I end up selling 70% of my assets just to sustain myself, many people think that investing in crypto is a short term especially now that we are in a bear market, if you aren't preparing for a long term investors do not even try to invest.

This market can last another one and a half years before we start seeing good returns on investments, we haven't even gotten to the point where everyone will feel frustrated like in march 2020, I believe that we will see such again.

Be prepared.

Exactly right, most people are just too impatient & want instant profits. It doesn’t work like that & it very rarely ever does.

"The stock market is a device for transferring money from the impatient to the patient."
(Warren Buffett)

The above quote applies to bitcoin also.

[bittraffic]

The worst state of any investor is to be at long term loss. It comes with so much anxiety, anger, Fuddity, pressure, spoiled plans and many more ill happenings. But I see it as a time to abandon the old investment and focus on taking advantage of the bear moment seeking for new opportunities because as far as Bitcoin is concern there are new opportunities in every cycle. The beauty of an investment is in its quantity because with much quantity comes so much value.

One of the biggest issues Bitcoin buyers face is that they use money meant to solve an urgent need to invest and end up selling at a loss to meet up with the need. Investment is best done with funds that don't have used in the nearest future, I prefer to call it errand money and because it is an errand money it is not meant to return immediately so errand takes longer time before they get delivered. The beauty of Bitcoin is long term investment. Hodl until it turns green. If it is not green, it isn't ripe for harvest. Each time a red candle appears, it is a signal to look out for buying opportunities.

Money meant for something else is to be set aside for that purpose not to invest it. People do this because they are hopeful, they could get ROI in the time they would need to spend already. Unfortunately, profit doesn't come easily.

Short-term investors do this as they think its an easy money. Short-term investing is also good as long as they have it in mind to buy at the bottom and even just earn $50 they can sell as long as they could keep making a profit.

[irhact]

The beauty of Bitcoin is long term investment. Hodl until it turns green. If it is not green, it isn't ripe for harvest. Each time a red candle appears, it is a signal to look out for buying opportunities.

I still don't understand why people invest in Bitcoin for short term and not long term, haven't they learnt from history that Bitcoin always reward it's hodlers and those who sell early always end up regretting. As an investor hoping to benefits in this market, we should learn to do our research on the history of Bitcoin before investing so we know what we're getting ourselves into.

Some investors see red candles as selling opportunity when what they should be doing is observing as you said to see if the market will give them a very good discount with price drop of the market. As an investor your target should be that when it's about time you exit the market, you can do so comfortably without caring about the state of the market (don't care if it's a green or red candle) because you are in profit no matter the situation of the market, that should be your goals as an investor and not investing short term.

[maydna]

That is a mistake often made by novice investors who are less experienced in investing because they think that if they use a lot of money to invest in bitcoin, they will be able to get big profits in a certain time. They don't know that there will be a decline in the price of bitcoin and most of them start investing in bitcoin when the price reaches a peak. And when the bitcoin price slowly decreased, they panicked because they never imagined that the bitcoin price would fall and even experience a drastic decline.

But if they know that investing has risks, they will try to minimize the level of risk by adjusting the amount of money to invest. This will save them from losing a lot, and they can also buy more bitcoins when the price is low. And the red candle is nothing to be afraid of but is where our opportunity to buy more bitcoins is.

[Sebas.tian]

I agree with you OP, using funds that you don't want to use in two or three years time to invest in Bitcoin, is a good advice to bitcoiners in the community, because those that apply this strategy in the past, smile at the end of their investment.  I think, many investors will learn from this information to buy Bitcoin when there is a Red candle, and hold for two or three years for the green candle to remain stable before he or she can sell to make a good income. I don't think, I will miss this opportunity because the red candle is preparing to turn to green candle which is the best signal for investors to be alert of bullish season.

[dansus021]

Well one of biggest enemy of trade is emotion ( Fear and Greed ) Know how to stop loss and know how to take profit, even myself still can't control my emotion when red candle showed up but one big red candle is another opportunity. of course before do trade know what you are doing Research is always.

Fundamental First Techincal Analyst second and bit of luck hahah

[Tony116]

I am in accumulation mode, so to be honest, I prefer the red candle to the green candle. The market has more red candles which gets me excited because I know it's my chance, and that's also why I never expected bitcoin to recover this year. 2022 is also considered a pretty successful year for my goals.

I still don't understand why people invest in Bitcoin for short term and not long term, haven't they learnt from history that Bitcoin always reward it's hodlers and those who sell early always end up regretting. As an investor hoping to benefits in this market, we should learn to do our research on the history of Bitcoin before investing so we know what we're getting ourselves into.

Most of the short term bitcoin investors are newbies, and they are lazy to learn about the history of bitcoin, they invest in it thinking that it will give them quick returns. Those mistakes will always exist in the market because there are always newbies entering the market every day.

[Fesatmas]

True, it is better to invest using money that will not be touched at all. I even consider the money I invest is lost money, because I have my own emergency fund that does not require me to take money from my investment. It's times like this that we have to distinguish which money is for daily needs, which money is for urgent situations, and which money is for investing. Sometimes we are wrong in dividing the money, we use funds that should be used as emergency funds instead to invest. We have to manage as smartly as possible, it doesn't matter if our investment isn't big, as long as we don't take it at a loss.

[Ziskinberg]

One of the biggest issues Bitcoin buyers face is that they use money meant to solve an urgent need to invest and end up selling at a loss to meet up with the need. Investment is best done with funds that don't have used in the nearest future, I prefer to call it errand money and because it is an errand money it is not meant to return immediately so errand takes longer time before they get delivered. The beauty of Bitcoin is long term investment. Hodl until it turns green. If it is not green, it isn't ripe for harvest. Each time a red candle appears, it is a signal to look out for buying opportunities.

It was difficult when we invest in crypto or anything without knowledge. Because what I see is that people who come here and investing crypto are thinking that they could make money quickly that is why when they fail in their expectations, they easily quit and sell their coins even though they are losing. This situation is not new and we keep hearing these things always.
And why?
 - lack of knowledge
 - lack of determination
 - impatient

[Odusko]

Well said, this was the same strategy I used in 2017 and I end up selling 70% of my assets just to sustain myself, many people think that investing in crypto is a short term especially now that we are in a bear market, if you aren't preparing for a long term investors do not even try to invest.

This market can last another one and a half years before we start seeing good returns on investments, we haven't even gotten to the point where everyone will feel frustrated like in march 2020, I believe that we will see such again.

Be prepared.

Exactly right, most people are just too impatient & want instant profits. It doesn’t work like that & it very rarely ever does.

"The stock market is a device for transferring money from the impatient to the patient."
(Warren Buffett)

The above quote applies to bitcoin also.

Weak hand are always doing the steel hands a favor by buying dumping. their investment om them to buy cheap, when it comes to bitcoin speculation it is easier said than done and most people will just jump in when their think the price is low enough and expect a quick rise to cash out profits but as time pass by their discovery that the stock market doesn't work that way most especially in a volatile market like bitcoin.
To gain profits from Bitcoin, investors have to invest for lonlong-termse and be ready to wait out the time no matter the direction the market is going.

[MoonOfLife]

I will agree with you that bitcoin is a long term investment so we need to invest with idle money not money to cover daily necessities. It can be said that this is a common mistake of newbies because they think they can quickly make a profit when starting bitcoin, and this is also the reason they dump every time they see a red candle instead of buying.

[xSkylarx]

There are no investments that will make you rich over night. It really takes years or more for the business to go boom, and the same is true with bitcoin. If you have extra money to spend, it is better to spend it in bitcoin rather than put it to sleep because you will not profit from it. Though the real issue with buying and holding bitcoin is our emotions, because as time passes, our mind tells us to sell it because we are losing money, which is why we must control our emotions.