Word of encouragement for Bitcoin investors

[Z390]

It could get to the point where many crypto investors will start giving up on their dreams, the air will be filled with the word 'crypto is dead' and it will feel like it's over for crypto, this SVB issue might be the bringer of that weird feeling into crypto space once again, after the year 2020 collapse, still, I believe that Bitcoin should be everyone's main target, this present hassle in crypto space will once again prove to the world why Bitcoin is truly the people's money.

So my dear friends,  do not give up,  what is coming can be faith-shaking, be prepared for the worst.

Keep dollar cost averaging.

Your long-term investment should include money that you won't need in the near future.

Have it in mind, Bitcoin doesn't always go down forever, it always passes the test of time.

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[arhipova]

It could get to the point where many crypto investors will start giving up on their dreams, the air will be filled with the word 'crypto is dead' and it will feel like it's over for crypto, this SVB issue might be the bringer of that weird feeling into crypto space once again, after the year 2020 collapse, still, I believe that Bitcoin should be everyone's main target, this present hassle in crypto space will once again prove to the world why Bitcoin is truly the people's money.

So my dear friends,  do not give up,  what is coming can be faith-shaking, be prepared for the worst.

Keep dollar cost averaging.

Your long-term investment should include money that you won't need in the near future.

Have it in mind, Bitcoin doesn't always go down forever, it always passes the test of time.

Instead of worrying about this issue, we should keep the bigger picture in mind. Bitcoin is here to stay because it serves as an alternative to current forms of payment and investment options. And most important thing is that it is far superior than previous forms because it is built on blockchain.

Events like SVB have happened in the past also but it could not end bitcoin or crypto. Crypto is growing at a phenomenal rate which no other medium has demonstrated in past.

[mk4]

If a person needs words of encouragement to be able to hold on to their bitcoin, were they bullish in the first place?

If people are easily scared off their bitcoin holdings, let them sell. I'd gladly buy corn at cheaper prices.

[stadus]

Those who come and have the plan to invest should never think about investing in crypto as a sort of trial and error because I don't want you to lose your money. That is why before to start investing in Bitcoin or altcoins, we have to make sure that we already have enough knowledge about the market. In fact, it was a part of the investment plan, we have to study the nature of the market and all the things needed. A failure to do this will end up losing our money and of course, time.

Better we understand how crypto world, it is possible we commit mistakes but never make this as an excuse to quit unless we really don't have a plan to correct our mistakes.

[kryptqnick]

I remember a huge 'crypto is dead' wave in 2018, following the crash of Bitcoin, lots of altcoins, and a build up of disbelief toward ICOs. But when Bitcoin managed to recover, even though it took a while, I think many became convinced that a bear market is just a temporary thing and Bitcoin doesn't die even if many altcoins do.
All crypto investments are risky, but investing in Bitcoin is safer than investing into altcoins or projects that haven't even made it to major exchanges yet. That being said, people who invest these days shouldn't expect unrealistic profits, remembering how high Bitcoin went in the past in terms of percentage. Bitcoin has been slowing down for a while, so expectations should be adjusted accordingly.

[borovichok]

Those who come and have the plan to invest should never think about investing in crypto as a sort of trial and error because I don't want you to lose your money. That is why before to start investing in Bitcoin or altcoins, we have to make sure that we already have enough knowledge about the market. In fact, it was a part of the investment plan, we have to study the nature of the market and all the things needed. A failure to do this will end up losing our money and of course, time.

Better we understand how crypto world, it is possible we commit mistakes but never make this as an excuse to quit unless we really don't have a plan to correct our mistakes.

Failure is never an option for us, and I'm not going to back down from what I'm doing as I strive to get better every day in the market, comprehending and offering advice. We must to be able to comprehend the market's fundamental principles and workings completely. Instead of missing out on market entry that would lead to profit ends, we should be motivated to invest only what we can afford to lose. Due to its high trading volume and ranking as the top cryptocurrency, Bitcoin is extremely popular in the market. Its owners should be encouraged because they persevered to reach a stable point in the market.

[AnonBitCoiner]

All those points which you have described here are important and one should remember these for achievements of profit. This is the main thing that Bitcoin's price reduction occurs but it does not persist longer and it never destroy as a whole but as crypto is volatile so ups and downs are normal part of it. If just rise happens then how users will put money so for users success these two situation plays important role.

As previous year like 2020 was not a good year for holder and the price was not much higher as we hope but now its high and provide higher return so people did not get rid of it but instead of this they wait further for beneficial action in price.

News can change its price and alteration can occur but we should always think about future that it will bring numerous benefit for us.

[RealMalatesta]

It could get to the point where many crypto investors will start giving up on their dreams, the air will be filled with the word 'crypto is dead' and it will feel like it's over for crypto, this SVB issue might be the bringer of that weird feeling into crypto space once again, after the year 2020 collapse, still, I believe that Bitcoin should be everyone's main target, this present hassle in crypto space will once again prove to the world why Bitcoin is truly the people's money.

So my dear friends,  do not give up,  what is coming can be faith-shaking, be prepared for the worst.

Keep dollar cost averaging.

Your long-term investment should include money that you won't need in the near future.

Have it in mind, Bitcoin doesn't always go down forever, it always passes the test of time.

I would say that looking at what is going on with the banking world right now and how the government is trying to save their ass again, I would say that it is actually pretty smart to invest into crypto right now, bitcoin is by far better than any fiat currency in the world and not investing into it is not just a choice, but also a very silly move.

I am not saying put 100% into bitcoin but by looking at what is going on with silicon valley bank, second biggest bank in the nation, you could see that fiat is fragile and even though bitcoin does go down, it never crashes to zero and takes your money with it, at least you know that it will go down but then go up.

[bitterguy28]

It could get to the point where many crypto investors will start giving up on their dreams, the air will be filled with the word 'crypto is dead' and it will feel like it's over for crypto, this SVB issue might be the bringer of that weird feeling into crypto space once again, after the year 2020 collapse, still, I believe that Bitcoin should be everyone's main target, this present hassle in crypto space will once again prove to the world why Bitcoin is truly the people's money.

So my dear friends,  do not give up,  what is coming can be faith-shaking, be prepared for the worst.

Keep dollar cost averaging.

Your long-term investment should include money that you won't need in the near future.

Have it in mind, Bitcoin doesn't always go down forever, it always passes the test of time.

your encouragement is good mate but remember that this crypto world is composed of 2 type of people ., those who are truly supporting each coin they purchase and those people that only here to double or multiply their investments but does not completely understand the market.
remember that in this type of community. others must lose for others to gain.

[woez]

About financial predictions about the future of Bitcoin can only be predicted either by experts or other financial experts. I myself think that the cryptocurrency market is known to experience cycles of high volatility and significant price fluctuations especially in recent months. Some events or news may cause a temporary decline or spike in the market and that past performance does not guarantee future results and diversifying the portfolio is one way to manage risk.

[Questat]

The only thing I would say is that - let us open our mind and see not only the negative thing about Bitcoin but also the benefits we can get from it.  We might fail today but never think it was our end, we can do better as long as we learn the mistakes we did. Quitting is not the solution but rather to find ways when we are in troubled.

About financial predictions about the future of Bitcoin can only be predicted either by experts or other financial experts.

You don't need to become an expert in making predictions as everyone can do might be different from those who already have a long year of market experience and exposure.

[jayce]

It's not the first time bitcoin price drops because of recent news like SVB and FTX, which in fact, there is always same issue in every year, such as Mt. Gox, hacking of Chinese exchangers, bitcoin banning in several countries, dark markets, etc. It simply makes those sweaty hands and anyone who doesn't understand bitcoin completely to leave it and creates bearish market, and once it recovers, they regret it.

But it doesn't mean that you can just sell all of your assets and buy bitcoin, because a greediness always bad, no matter how good the investment you take. Just do simple research, invest responsibly, and enjoy it.

[Lorence.xD]

It simply makes those sweaty hands and anyone who doesn't understand bitcoin completely to leave it and creates bearish market, and once it recovers, they regret it.

When investing in bitcoin, you should know the risk of putting your money in a volatile system where you just aim to flip or profit in a short period of time. That's why a lot of investors who'd sell due to fud that they might lose their investment. However, knowing the process of how bitcoin works would give the hodlers to have huge profit especially holding even knowing the worse situation of bitcoin. Diamond hands always will give you a good opportunity to increase your chance to profit. Also knowing your timing when selling is also a good decision for a good investor.

It simply makes those sweaty hands and anyone who doesn't understand bitcoin completely to leave it and creates bearish market, and once it recovers, they regret it.

But it doesn't mean that you can just sell all of your assets and buy bitcoin, because a greediness always bad, no matter how good the investment you take. Just do simple research, invest responsibly, and enjoy it.

I agree that you don't have to put all your money because of fomo, trend and etc. This will just lead you to lose more cause you to loss a lot and have an urge to throw all your assets just to get back your money. I suggest to start little by little which you invest the money you afford to lose.
 

[hZti]

Bitcoin price is actually behaving quite good in the last weeks. You should in general not buy bitcoin If you just buy it for the price. If you do it you will 100% have a bad time  So if your friend is only interested in earning money, tell him to go work and sell his bitcoin.

[jayce]

It simply makes those sweaty hands and anyone who doesn't understand bitcoin completely to leave it and creates bearish market, and once it recovers, they regret it.

When investing in bitcoin, you should know the risk of putting your money in a volatile system where you just aim to flip or profit in a short period of time. That's why a lot of investors who'd sell due to fud that they might lose their investment. However, knowing the process of how bitcoin works would give the hodlers to have huge profit especially holding even knowing the worse situation of bitcoin. Diamond hands always will give you a good opportunity to increase your chance to profit. Also knowing your timing when selling is also a good decision for a good investor.

It simply makes those sweaty hands and anyone who doesn't understand bitcoin completely to leave it and creates bearish market, and once it recovers, they regret it.

But it doesn't mean that you can just sell all of your assets and buy bitcoin, because a greediness always bad, no matter how good the investment you take. Just do simple research, invest responsibly, and enjoy it.

I agree that you don't have to put all your money because of fomo, trend and etc. This will just lead you to lose more cause you to loss a lot and have an urge to throw all your assets just to get back your money. I suggest to start little by little which you invest the money you afford to lose.
 

Trust to me, it was me that convert everything into bitcoin because of fomo after its skyrocketting price in 2017, and somewhere in 2019 when bitcoin price dropped extremely low, there was an urgent situation irl that forced me to sell major part of my bitcoin. Hurtful but nothing else I could did, and some important lessons taken. Don't put all of your assets in one basket, and always prepare an emergency fund.

Bitcoin price is actually behaving quite good in the last weeks. You should in general not buy bitcoin If you just buy it for the price. If you do it you will 100% have a bad time  So if your friend is only interested in earning money, tell him to go work and sell his bitcoin.

And in fact, most people have that kind of mindset who believes bitcoin as an investment that generates instant profit. I also tell my friends to work harder every time they ask about bitcoin and want to learn it because they think it give much money. Im 100% sure this kind of people will sell their bitcoin immediately once its price decreases without knowing the reason why that happens.

[KaliLinux]

It could get to the point where many crypto investors will start giving up on their dreams, the air will be filled with the word 'crypto is dead' and it will feel like it's over for crypto, this SVB issue might be the bringer of that weird feeling into crypto space once again, after the year 2020 collapse, still, I believe that Bitcoin should be everyone's main target, this present hassle in crypto space will once again prove to the world why Bitcoin is truly the people's money.

So my dear friends,  do not give up,  what is coming can be faith-shaking, be prepared for the worst.

Keep dollar cost averaging.

Your long-term investment should include money that you won't need in the near future.

Have it in mind, Bitcoin doesn't always go down forever, it always passes the test of time.

I don't think anyone that is engaged in Bitcoin investment needs to be convinced that Bitcoin will bounce back regardless of whichever news or FUD brings the market down for a bit.

We can see from the SS above that since the news came out On March 10, Silicon Valley Bank, one of the most prominent lenders in the start-up ecosystem, collapsed. the market hasn't really been affected that much as Bitcoin has quickly renounced back to $26k+ before dropping a bit. I believe the market is still in a good position of an upside instead of a downward.

[firesurfer]

Panic when people are greedy and greedy when people panic. I advise people to be afraid as Buffet told. Bitcoin is on the rise so seize the opportunity. Season at this time may not be a wise choice but it can be a good choice to use 1/2 or 1/3 of the total amount you have. Forget altcoins for the time being because BTC.D doesn't support them.

[GideonGono]

Just keep in mind that crypto could always drop down and fly high, as a crypto investor you shoul be prepared for those rollercoaster rides.
And I agree with OP long term investment should be done by the money that you don't need in the near future or your extra money.
People tends to be greedy on crypto that they would invest or risk more than they could afford, that is why when things got a bit shaken they are too scared of it and jump off making them lose instead of gaining profit from their investment.

[Asiska02]

In general, to earn a lot of money from an investment, you must be willing to wait and go through a series of tests and obstacles; the patient always win in the end.

Having to need an encouragement or booster to keep the hope alive, the hope that bitcoin will bounce back and regain its former strength, is not needed by those who have been in the market for a while now, and even some newbies do not need to be told this, for those who have gone through a series of learning and grasp the entire concept of bitcoin investment.

If you've decided to join for the first time, nothing should deter you from wanting to leave when you don't have a good reason to. People frequently give up due to lack of sufficient knowledge and unprepared mindset of the market trends.

[lousie9]

Those who come and have the plan to invest should never think about investing in crypto as a sort of trial and error because I don't want you to lose your money.

but I don't think there's anything wrong with trial and error either, for beginners who don't really understand investing in crypto, of course they will try it at first because they don't have a specific goal yet right?.
what's wrong is when investing in crypto but don't want to go deeper and don't set investment goals, but they just follow the trend that is happening.

That is why before to start investing in Bitcoin or altcoins, we have to make sure that we already have enough knowledge about the market. In fact, it was a part of the investment plan, we have to study the nature of the market and all the things needed.

i agree with your opinion, wanting to learn basic knowledge about cryptocurrencies is the most important part for our own success and important capital to support all activities that we will carry out in the crypto world whether it's investing, trading and others.

Better we understand how crypto world, it is possible we commit mistakes but never make this as an excuse to quit unless we really don't have a plan to correct our mistakes.

everyone must have a plan to fix the mistakes or problems they face, but it all depends whether they want or not to overcome the problems they face.