Take your eyes off from the fall in price

[milewilda]

There is no how anyone who has an investment in bitcoin will totally remove their eyes from the price of bitcoin. Even if it is long term investment, at a point you need to pay attention to the price of bitcoin. Wherever the investment of man is there also his mind will be. But the difference is that a day trader will always have eyes on the price, a short term investors will have eyes once a while and the long term investors may almost seem uninterested about the price.

We can remove our eyes from it, if it causes us anxiety as that can lead to unexpected sell-offs. But even if one is too confident, he can as well leave his investments on the side and he will only come back after some time to harvest his gains.

This is the good thing about Bitcoin. We are sure that it can always recover no matter how low it fall, but if you pick up the risky coins, then you may need to monitor them frequently, as anything can happen to them. Day traders had their eyes glued on their screens or in the market because trading works slightly different from investing. It's hard, time-consuming and everything but worth it once they pull it off successfully.

True, you can fool your eyes but you cant be able to stop on what your mind is thinking and the emotions that had been accompanied to it.   You know that deep inside you cant really just make yourself that want to miss out on whatever the market is doing specially if you are really that wary on whats happening in the market. It cant really be something that you would really be just avoiding just because you dont want on seeing the market crash or whatever negativity of it but instead on getting the benefit on having no awareness, you might really be able to get the opposite one on which this is something that will really be putting you into a condition on which you would really be going into the opposite side of things when it comes to decision making. Its true that if ever you do make yourself that fully aware about the price then it do build up that confidence but with having the difference when it comes to experience then acts and possible movement or decision be made by a certain individual would be entirely be depending on your own knowledge and the skills you have gained overtime
which it would really differ into each person and this is why you can really tell that actions made will really vary.

[JoyMarsha]

Before now many speculators do say by this the price of bitcoin should be around $35,000 by now, and this is the kind of news investors wants to hear all the time but it is unfortunate that the price of bitcoin has drop to $25k which can be heart breaking to some investors expecially the new ones. 

OP It's as if you already know how heartbreaking the decline in the price of bitcoin is for some investors, especially the new ones. They are in an awful situation since they are unaware of bitcoin's volatile nature and how it works (price increases and decreases). They bought bitcoins for short-term goals, not for long-term goals. If people truly intend to invest in Bitcoin for long-term objectives, the price decline won't break their hearts instead providing them with a chance to buy additional Bitcoin at a lower price.

The majority of new crypto investors experience heartbreak and lose hope in bitcoin when the price changes in ways that are greater than what they anticipated (price reduction). Because of that, some of them may even be able to sell their bitcoin holdings at a loss.

[Don Pedro Dinero]

In the stock market, the people who get the highest returns are the ones who touch the investment the least. That's assuming you buy quality stocks, or if you don't want to get complicated, just index funds. It is the same in bitcoin. Think of the people who bought 10 years ago and the same thing. Who has benefited the most? The one who didn't sell anything or the one who got carried away by the news of the moment and sold? In the end, if what you buy is good and you are going for the long term, the best thing to do is to forget the noise and hold on to the investment for the planned term. Another thing is that you plan to make partial sales in bull markets, as I just mentioned in another thread, but that can be part of the plan.

[Silberman]

Before now many speculators do say by this the price of bitcoin should be around $35,000 by now, and this is the kind of news investors wants to hear all the time but it is unfortunate that the price of bitcoin has drop to $25k which can be heart breaking to some investors expecially the new ones. 

OP It's as if you already know how heartbreaking the decline in the price of bitcoin is for some investors, especially the new ones. They are in an awful situation since they are unaware of bitcoin's volatile nature and how it works (price increases and decreases). They bought bitcoins for short-term goals, not for long-term goals. If people truly intend to invest in Bitcoin for long-term objectives, the price decline won't break their hearts instead providing them with a chance to buy additional Bitcoin at a lower price.

The majority of new crypto investors experience heartbreak and lose hope in bitcoin when the price changes in ways that are greater than what they anticipated (price reduction). Because of that, some of them may even be able to sell their bitcoin holdings at a loss.

Then those people simply do not have what it takes to be part of this market, I could understand that kind of attitude from someone that was investing in this market when it was on its early stages, but anyone that invest now can watch the price history of bitcoin and watch how it moves, and if they feel they cannot deal with those movements then they can decide to not invest in bitcoin, but instead they just come here because they have heard they can make easy money, and then they get disappointed the market did not gave them the fortune they were expecting in a matter of weeks.

[lienfaye]

As a young bitcoiner that is having plans to invest in bitcoin or already investing. How do you feel about the current price of bitcoin?
* is it encouraging to you that this is an opportunity for you to buy more.
* does it makes you  lose  hope concerning your investment that it should have gone beyond bitcoin current price of $25,835.

I'm a long term investor and used to seeing the price of Bitcoin turning up and down. Hence, it's not surprising anymore if the market currently is not what many investors expected it to be (turning bullish because of the near halving). So if you dyor before investing to Bitcoin, you'll understand how it works because you track its past history and aware of what happened in the past.

Thus, if you're a new investor and losing hope due to the current condition, remember that this is just temporary. It can help if you stop monitoring the market and forget for a while the price to prevent stressing yourself and thinking how long the bear season will last. It's part of the cycle and it has an advantage for investors waiting to buy at cheaper price.

[Nrcewker]

Yes don’t get panic with these small dips. These are just opportunities to buy the coins at low price. Newbie investors always gets panic by seeing this price dumps. But they need to know that, once the coin’s price goes down, the demand to accumulate it also increases due to the low price. Now here price goes up ultimately in order to maintain the demand. So yes don’t take too much stress on these price manipulations.

[DanWalker]

As a young bitcoiner that is having plans to invest in bitcoin or already investing. How do you feel about the current price of bitcoin?
* is it encouraging to you that this is an opportunity for you to buy more.
* does it makes you  lose  hope concerning your investment that it should have gone beyond bitcoin current price of $25,835.

I'm a long term investor and used to seeing the price of Bitcoin turning up and down. Hence, it's not surprising anymore if the market currently is not what many investors expected it to be (turning bullish because of the near halving). So if you dyor before investing to Bitcoin, you'll understand how it works because you track its past history and aware of what happened in the past.

Thus, if you're a new investor and losing hope due to the current condition, remember that this is just temporary. It can help if you stop monitoring the market and forget for a while the price to prevent stressing yourself and thinking how long the bear season will last. It's part of the cycle and it has an advantage for investors waiting to buy at cheaper price.

Those who have not left the market so far prove that they are all too familiar with what has happened with bitcoin. The drop only made them more excited because they were able to accumulate more bitcoins at a high discount. As for those who are new to the market and have never experienced a bear season, I don't think they need to stop watching the market. I mean it's not easy to do that because they are also investing money in the market. In my opinion, it is not necessary to avoid them, but to face them instead. They should take advantage as bear season continues and this should be seen as a time-saver to improve their knowledge. Only if they have solid knowledge and understand everything about bitcoin then nothing can scare them.

[onecall123]

we've knew that big investors and large pump-and-dump groups frequently manipulate cryptocurrencies. That's just how the crypto world works; it's kind of like gambling, but with slightly better odds if you stay updated on what's happening. Honestly, it doesn't matter much why the price dropped. The main objective is to make a profit.
Buy low, sell high.

[justdimin]

OP It's as if you already know how heartbreaking the decline in the price of bitcoin is for some investors, especially the new ones. They are in an awful situation since they are unaware of bitcoin's volatile nature and how it works (price increases and decreases). They bought bitcoins for short-term goals, not for long-term goals. If people truly intend to invest in Bitcoin for long-term objectives, the price decline won't break their hearts instead providing them with a chance to buy additional Bitcoin at a lower price.

The majority of new crypto investors experience heartbreak and lose hope in bitcoin when the price changes in ways that are greater than what they anticipated (price reduction). Because of that, some of them may even be able to sell their bitcoin holdings at a loss.

Then those people simply do not have what it takes to be part of this market, I could understand that kind of attitude from someone that was investing in this market when it was on its early stages, but anyone that invest now can watch the price history of bitcoin and watch how it moves, and if they feel they cannot deal with those movements then they can decide to not invest in bitcoin, but instead they just come here because they have heard they can make easy money, and then they get disappointed the market did not gave them the fortune they were expecting in a matter of weeks.

I wouldn't be that harsh towards them, but it is true that it would be hard for those people to stay in the bitcoin world, it would not be easy to handle it all. I understand that it is not going to be easy thing to make sure that they stay in the market and not worry about it, but there are way too many people who keep worrying about it all the time.

I think it should be tough to handle it, and because of that we can't really end up with a solution that would be easy to handle. I believe the best thing to do would be making sure that we are doing a good thing in the end that benefits us on the long run. I hope that it can be something people could hold for a while and not starting selling again so that it can go up.

[Latviand]

Yes don’t get panic with these small dips. These are just opportunities to buy the coins at low price. Newbie investors always gets panic by seeing this price dumps. But they need to know that, once the coin’s price goes down, the demand to accumulate it also increases due to the low price. Now here price goes up ultimately in order to maintain the demand. So yes don’t take too much stress on these price manipulations.

Was supposed to say the same thing but you beat me to it, and when I looked at the price, I knew then and there that I'm going to be spending my next payroll to buy more bitcoins, hopefully I could buy around 500 USD before the price goes up again. To relieve yourself of the stress, if you're not a trader, make sure to turn off your notifications on price alerts and make it a habit to not check the market from time to time, unnecessary stress on something that you have no control is such a disgusting thing.

[G_Besar]

Was supposed to say the same thing but you beat me to it, and when I looked at the price, I knew then and there that I'm going to be spending my next payroll to buy more bitcoins, hopefully I could buy around 500 USD before the price goes up again. To relieve yourself of the stress, if you're not a trader, make sure to turn off your notifications on price alerts and make it a habit to not check the market from time to time, unnecessary stress on something that you have no control is such a disgusting thing.

Currently, not everyone is experiencing stress, although there are many people who check the price of Bitcoin in the market, because most of the people who check the market when the price is down are traders and a small portion are investors who still want to increase the amount of their portfolio before the next price increase. It happens again.

And if you still want to buy more Bitcoin with 500 USD, that would be very good for you considering that the price of Bitcoin is now below $26K with the potential for a price increase still very possible after this month. Because historically September is not a good month for Bitcoin, but this month Bitcoin could make a difference by continuing to show price improvements in the market and this will also be a more unique and new history for Bitcoin.

[KingsDen]

-snip-

It is better to have some sort of result where it will be a big deal and when you can do that then it is going to be a lot more important. You should forget about your investment whenever you can and that will result with you doing a lot better and you should be making a profit when one day you come back to it when you hear that the price went up a lot.

I don't think it would be easy to leave our investment in the wallet with no concern for anything in the long term and return only to hear the value has skyrocketed after a while. It could happen, but I don't think many investors do that unless they actually have other income that is 100x the value they invested.

I know what you're trying to say, but they shouldn't ignore potential security risks. We can just ignore price volatility until the desired target is reached, but every now and then we also need to keep the storage wallet safe just to guard against things that are not desirable.

You understood me rightly. It is not all about the price volatility but also to ensure the security of your coins. You cannot invest and the investment is under your custody and you will not care about it. This can only happen in the fix deposit account of banks and not for an investment under your control.
In as much as we are in the cryptocurrency market, whether we are day trading, future trading, mining or holding, whenever there is price change, everyone will be interested to know why and how.

[Rockstarguy]

Yes don’t get panic with these small dips. These are just opportunities to buy the coins at low price. Newbie investors always gets panic by seeing this price dumps. But they need to know that, once the coin’s price goes down, the demand to accumulate it also increases due to the low price. Now here price goes up ultimately in order to maintain the demand. So yes don’t take too much stress on these price manipulations.

Was supposed to say the same thing but you beat me to it, and when I looked at the price, I knew then and there that I'm going to be spending my next payroll to buy more bitcoins, hopefully I could buy around 500 USD before the price goes up again. To relieve yourself of the stress, if you're not a trader, make sure to turn off your notifications on price alerts and make it a habit to not check the market from time to time, unnecessary stress on something that you have no control is such a disgusting thing.

Always going through the price of the market is not even necessary as an investor if not panning to accumulate bitcoin when the market gets down. Beginners are supposed to know the market is always not stable , it goes up and down.  When the price of bitcoin  go down it is opportunity to accumulate bitcoin and doesn't mean the price of  bitcoin will  remain the same without coming,  if their must be down in price their must be also rise in the Market.  Fall of price is a common thing that will always take part in the market, their is no point to get panic when the  market goes down.

[Yamifoud]

Fall of price is a common thing that will always take part in the market, their is no point to get panic when the  market goes down.

Perhaps it was a common thing but some people hardly understand the situation and even think that every price fall is a sign of more falls to come which makes them panic and upload their coins. It was definitely wrong but some people stance their wrong insights until such time they will find it by themselves that they are wrong. Sadly, some people need to commit big mistakes before knowing that it is a wrong decision.
Well, anyway, it was been told that experience is a great source of learning and this is really what happens to most of us.

[Lanatsa]

OP It's as if you already know how heartbreaking the decline in the price of bitcoin is for some investors, especially the new ones. They are in an awful situation since they are unaware of bitcoin's volatile nature and how it works (price increases and decreases). They bought bitcoins for short-term goals, not for long-term goals. If people truly intend to invest in Bitcoin for long-term objectives, the price decline won't break their hearts instead providing them with a chance to buy additional Bitcoin at a lower price.

The majority of new crypto investors experience heartbreak and lose hope in bitcoin when the price changes in ways that are greater than what they anticipated (price reduction). Because of that, some of them may even be able to sell their bitcoin holdings at a loss.

Then those people simply do not have what it takes to be part of this market, I could understand that kind of attitude from someone that was investing in this market when it was on its early stages, but anyone that invest now can watch the price history of bitcoin and watch how it moves, and if they feel they cannot deal with those movements then they can decide to not invest in bitcoin, but instead they just come here because they have heard they can make easy money, and then they get disappointed the market did not gave them the fortune they were expecting in a matter of weeks.

I wouldn't be that harsh towards them, but it is true that it would be hard for those people to stay in the bitcoin world, it would not be easy to handle it all. I understand that it is not going to be easy thing to make sure that they stay in the market and not worry about it, but there are way too many people who keep worrying about it all the time.

I think it should be tough to handle it, and because of that we can't really end up with a solution that would be easy to handle. I believe the best thing to do would be making sure that we are doing a good thing in the end that benefits us on the long run. I hope that it can be something people could hold for a while and not starting selling again so that it can go up.

Each person does have their own level when it comes to emotion handling or tolerance on which means that some might be able to have that kind of control and some wont really be able to do such thing but instead

they do become that impulsive if ever these things do happen.Most of the time which it cant really be avoided for you not to have some peek on the price specially if you do make out some significant amount of
money that you had invested which it cant really be able to remove into yourself on having not to check on what the market condition would be. Its not really that bad on doing so but there are people who would really be that totally impulsive on the time that they do make out some checks and eventually be ending up on making up some actions which its not really that totally a right thing to be done.

Just like the rest been saying that not all would really be good on making out such control towards themselves on which there are ones who do have that kind of handling and discipline towards themselves
and there are ones who cant really be just that able to stop on doing such alteration of their earlier decisions that had already been made and fixed earlier. It does really vary because
not all would really be that having that good self control.

[suzanne5223]

Knowledge is the power to thrive in every setting and there's no way a cryptocurrency investor will take his/her eyes off the market price but when quality knowledge about the market's 4years cycle built up, the market falling price will be seen as a blessing instead of counting it as a disaster which is the technically the reason why some people make lost despite prioritized their investment in BTC.

[lixer]

Yes don’t get panic with these small dips. These are just opportunities to buy the coins at low price. Newbie investors always gets panic by seeing this price dumps. But they need to know that, once the coin’s price goes down, the demand to accumulate it also increases due to the low price. Now here price goes up ultimately in order to maintain the demand. So yes don’t take too much stress on these price manipulations.

Old investors never panic's even to a large dip. As you said, dips are opportunities but maybe they can panic once the price rises because they know that many people are also rushing to sell. Maybe not all newbies are panicky because I think some newbies are well briefed by the people that encouraged them to join here.

There also who join alone and knows how to do their own research. If the price goes up, the demand is not maintained anymore but it slowly decaying. To be stressful is not good but it's also not wrong to take advantage of the price manipulations. And there can be signs to know if they are going to occur or not. We need to take note of it so that we are early.

[imamusma]

-

Old investors never panic's even to a large dip. As you said, dips are opportunities but maybe they can panic once the price rises because they know that many people are also rushing to sell. Maybe not all newbies are panicky because I think some newbies are well briefed by the people that encouraged them to join here.

There also who join alone and knows how to do their own research. If the price goes up, the demand is not maintained anymore but it slowly decaying. To be stressful is not good but it's also not wrong to take advantage of the price manipulations. And there can be signs to know if they are going to occur or not. We need to take note of it so that we are early.

Some people may have changed their long-term plans to profit from a few percent of short-term volatility. This makes it difficult for Bitcoin to maintain its value and this certainly sounds unpleasant. Of course I don't mind that strategy, but it's best to ignore short-term volatility if you have a long-term plan.

Current market conditions can be used for accumulation, but still maintain other strategies such as DCA. I believe the market will recover soon despite bitcoin's difficulty breaking through its resistance, but this will change soon.

[carlfebz2]

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Old investors never panic's even to a large dip. As you said, dips are opportunities but maybe they can panic once the price rises because they know that many people are also rushing to sell. Maybe not all newbies are panicky because I think some newbies are well briefed by the people that encouraged them to join here.

There also who join alone and knows how to do their own research. If the price goes up, the demand is not maintained anymore but it slowly decaying. To be stressful is not good but it's also not wrong to take advantage of the price manipulations. And there can be signs to know if they are going to occur or not. We need to take note of it so that we are early.

Some people may have changed their long-term plans to profit from a few percent of short-term volatility. This makes it difficult for Bitcoin to maintain its value and this certainly sounds unpleasant. Of course I don't mind that strategy, but it's best to ignore short-term volatility if you have a long-term plan.

Current market conditions can be used for accumulation, but still maintain other strategies such as DCA. I believe the market will recover soon despite bitcoin's difficulty breaking through its resistance, but this will change soon.

Everything could change instantly along the way on which if you do able to make yourself that able to go from long term to short term or would be both and it would be according into your own preference by making

those kind of adjustments. We know that it wont really be that totally shocking if ever traders would be making out such step for them to be able to take advantage or whatsoever in terms of profit making.
Just like been said that human beings are naturally that impulsive when it comes on losing money which it is really just that normal specially dealing on a place where it is really that volatile.
Watching out the market condition on very active manner does really give out that kind of impression or feeling that you would be needing to act fast or else you would be missing out the market.

Opportunities and dangers are really that something common you would really be facing on. You would really be that minding on how to make out adjustments
basing up with your own experience and knowledge on things.

[_BlackStar]

One thing about volatility; that's the true character of crypto trading. Nothing can stop this volatility as long as trading is not controlled – so it will be both profitable and detrimental for whoever the market participant is.

Volatility is common in trading - but it influences many people's investment decisions. After all, if this is all about bitcoin – then you should all realize that we are just in a cycle that may not be profitable, but it will turn into another cycle when the time comes. Keep your feet straight - the waves can sometimes be bigger than the boat, but rest assured it will work. That's how optimism is maintained.