why are the tears more when bitcoin price drops?

[Cookdata]

This is an alarming occurance that takes place every time the bitcoin price drops lower than expected, we hear rumors of suicide, heart failure, high BP and lots of sad news from families of traders and other bitcoin users
what measures can be considered when investing in bitcoin to reduce these problems?

99% of this are fake news, just another day of few things that never even happen at all. What you need to understand about this market is there is manipulation in both side when the market is pumping and when the market is falling. When whales and market manipulators see that we are in beer market, they tend to throw bad headlines for people to buy into and cause FUD so they can sell, most often they sold their Bitcoin at the top and will do anything to drag the price down.

Similarly, this goes well when the market is pumping, you see good news and all that. This is how speculation market work, get used to it but don't take it as anything. The sentiment can change at anytime, it's the Bitcoin you have that is going to determine if you are winning or you are losing. Just hold and forget about this noise of somebody dies. Even if it happen, there is 1000 more that has happened in the traditional market and they don't talk about it enough.

[bettercrypto]

This is an alarming occurance that takes place every time the bitcoin price drops lower than expected, we hear rumors of suicide, heart failure, high BP and lots of sad news from families of traders and other bitcoin users
what measures can be considered when investing in bitcoin to reduce these problems?

We are well aware that Bitcoin is highly volatile. For long-term investors, this is expected; they are simply waiting for the right time to sell their holdings, even if it takes a long while.

However, for those who aren’t as familiar with the fact that these price fluctuations are a reality specifically the concepts of 'bear markets' and 'bull markets' it’s important that they understand these two seasons. This knowledge helps them avoid becoming emotional when those massive price dumps eventually happen.

[Richbased]

This is an alarming occurance that takes place every time the bitcoin price drops lower than expected, we hear rumors of suicide, heart failure, high BP and lots of sad news from families of traders and other bitcoin users
what measures can be considered when investing in bitcoin to reduce these problems?

I don't think that bitcoin investors do experience any of those things you mentioned. When the price of bitcoin falls, it falls along with other cryptocurrency which those investors mostly trade on those altcoins but in the news it will be sounding as if the market down trend affected mostly bitcoin investors not knowing that those that invested on other coins are the ones that are affected. Real bitcoin investors don't panic when the market goes sideways, unless they are trading with it. I wonder if there are many people who are still afraid of the market when the price of bitcoin is falling.

[Dictator69]

This is an alarming occurance that takes place every time the bitcoin price drops lower than expected, we hear rumors of suicide, heart failure, high BP and lots of sad news from families of traders and other bitcoin users
what measures can be considered when investing in bitcoin to reduce these problems?

I have not heard about heart attacks, high bp or any other kind of sad news yet but it you are referring to some old one, then mention them. But investing in bitcoin is somehow the same as investing in a business because in both, we are making profit and loss.

The risk is high too, but in bitcoin long term profit is good and it can be started with a small amount too. People who lose money to business shows such signs of heart failure or if someone betrayed them or they did suicide, because they took a loan for trading and now they can't pay their loan back and they fear something worse. There is no justification for suicide, so I can't say how someone could do it but it is even worse.

[TheUltraElite]

Morbid events happen everyday and it is never possible attribute them to one specific cause. That same person might have a poor diet, lifestyle and hence they became diseased. Bitcoin trading is often made a devil here and said to be the culprit but it is only one part of the full big picture.

I know trading is stressful when seen from outside but it can be made simpler and less stress inducing if you know how to handle it and dont consider making it a main source of income.

[Accardo]

They thought wrong about it from the start in that case.

And they can cry all they want about it, the reality is they would need more time, there is nothing more to it.

Some people like such investors won't hesitate to sell at any giving profit added to their initial investment, that is if they were discipline of not selling at loss. They need more time understanding 'holding' than they wish for the market to skyrocket.

[Anayochukwu]

This is an alarming occurance that takes place every time the bitcoin price drops lower than expected, we hear rumors of suicide, heart failure, high BP and lots of sad news from families of traders and other bitcoin users
what measures can be considered when investing in bitcoin to reduce these problems?

To be honest I don't believe on those rumors because most times people use it to deceive the new investors. The truth is that we should always be ready to over look any price of Bitcoin and continue with your investment plan because it has always been there since and that is how the old investors was managing it until they get what they want without any panic. However, we should always try to invest with the amount that wouldn't affect us when the market go down because obviously an investors might likely experience such thing when they invest with big amount.

[henry_of_skalitz]

They thought wrong about it from the start in that case.

And they can cry all they want about it, the reality is they would need more time, there is nothing more to it.

Some people like such investors won't hesitate to sell at any giving profit added to their initial investment, that is if they were discipline of not selling at loss. They need more time understanding 'holding' than they wish for the market to skyrocket.

Usually such peeps just sell at the smallest loss and think BTC is a ponzi afterward

[AGogi2003]

They didn't have it in mind to hold Bitcoin for too long, and that's exactly what the faltering price of Bitcoin makes them do, they can't sell lesser than they bought. Selling at this moment would be loss, and the time scheduled for the investment may have elapsed. This type of scheduling is common amongst investors who need quick profits to push into another niche, say, real estate or full time entrepreneurship. The panick isn't meant to be there if time is not running out on them, they saw Bitcoin move from 20k to 100k, what's there to be afraid of?

Anyone that didn't invest for long term in bitcoin investment, he should no that he won't get any benefit in it because Bitcoin is always for long term periods. If you think you want to invest for short term you should focus on trading so that you can get fast money. But in bitcoin you just need to invest for the long term before you can get the benefit. He will be very difficult for anyone that invest and says he get huge profit in bitcoin in a short period of term.

Many people that are panicking in there investment in Bitcoin they didn't set there target they just invest and think they can be profitable easily. Or some invest money that they can't afford to lose that is why anytime the price of bitcoin is dropping they will start to be scared thinking they will lose everything in there investment journey and bitcoin can not make you lose all your funds, because the more the price drop that is how they price will increase because is volatile. Nothing to be scared in bitcoin if you understand the market well.

[henry_of_skalitz]

They didn't have it in mind to hold Bitcoin for too long, and that's exactly what the faltering price of Bitcoin makes them do, they can't sell lesser than they bought. Selling at this moment would be loss, and the time scheduled for the investment may have elapsed. This type of scheduling is common amongst investors who need quick profits to push into another niche, say, real estate or full time entrepreneurship. The panick isn't meant to be there if time is not running out on them, they saw Bitcoin move from 20k to 100k, what's there to be afraid of?

Anyone that didn't invest for long term in bitcoin investment, he should no that he won't get any benefit in it because Bitcoin is always for long term periods. If you think you want to invest for short term you should focus on trading so that you can get fast money. But in bitcoin you just need to invest for the long term before you can get the benefit. He will be very difficult for anyone that invest and says he get huge profit in bitcoin in a short period of term.

Many people that are panicking in there investment in Bitcoin they didn't set there target they just invest and think they can be profitable easily. Or some invest money that they can't afford to lose that is why anytime the price of bitcoin is dropping they will start to be scared thinking they will lose everything in there investment journey and bitcoin can not make you lose all your funds, because the more the price drop that is how they price will increase because is volatile. Nothing to be scared in bitcoin if you understand the market well.

They didn't plan it properly, and they failed due to it.

Fear controls them once they don't know what to do, and to avoid such fate, one should understand BTC and act accordingly to that knowledge.

[slaman29]

Never heard of recent suicides either but why blame Bitcoin? People do it much more from gambling, bet on horse, bet on football, bet on casino. Bitcoin price drops only 10 or 20% how is that going to push people to suicide and what not?

Guys like you are pushing the rumors I guess

There have been many rumors but the last one I think was confirmed on 11th October, after the 10th October's biggest liquidation, many traders lost all of their funds and a millionaire in Ukraine lost his life as he was found dead in his Lamborghini.

He was shot dead he even sent a message to his family and that he was facing some financial crisis. Crypto made his life and he took his life because of his financial status, it was really sad and a lot of other people faced critical health problems that day because they were not prepared for such a huge dump it was a black swan event. The current situation is almost the same as it was then, but this one is slow unlike the 10th October because that was quick and caught the trader off guard.

Sad story if true, and I hope people learn, but there are so many stories back home here of suicides from taking loans from loan sharks. Usually because of gambling (and I always say in Trading there are many gamblers and not so many traders).

But anyway, you think people learn lessons from others but they don't. I blame the way the world makes trading look so attractive and easy when its anything the opposite of that.

Please guys, understand this and switch to hodling.

[fikrett]

Never heard of recent suicides either but why blame Bitcoin? People do it much more from gambling, bet on horse, bet on football, bet on casino. Bitcoin price drops only 10 or 20% how is that going to push people to suicide and what not?

Guys like you are pushing the rumors I guess

There have been many rumors but the last one I think was confirmed on 11th October, after the 10th October's biggest liquidation, many traders lost all of their funds and a millionaire in Ukraine lost his life as he was found dead in his Lamborghini.

He was shot dead he even sent a message to his family and that he was facing some financial crisis. Crypto made his life and he took his life because of his financial status, it was really sad and a lot of other people faced critical health problems that day because they were not prepared for such a huge dump it was a black swan event. The current situation is almost the same as it was then, but this one is slow unlike the 10th October because that was quick and caught the trader off guard.

Sad story if true, and I hope people learn, but there are so many stories back home here of suicides from taking loans from loan sharks. Usually because of gambling (and I always say in Trading there are many gamblers and not so many traders).

But anyway, you think people learn lessons from others but they don't. I blame the way the world makes trading look so attractive and easy when its anything the opposite of that.

Please guys, understand this and switch to hodling.

Yeah, it's a shiny wrap up of a thing that leaves most with red lines and some, as you said - a fate worse than that.

People just crave the green lights - they see them as signals to do the same, but with no analysis behind it, they may arive at the same destination the others failed at..

[DraculaBTC34]

This is an alarming occurance that takes place every time the bitcoin price drops lower than expected, we hear rumors of suicide, heart failure, high BP and lots of sad news from families of traders and other bitcoin users
what measures can be considered when investing in bitcoin to reduce these problems?

Price crashes are hazardous in most instances when individuals invest more than they are in a position to manage both emotionally and financially. To me, the first policy would always be straightforward, do not put money into what you cannot afford to lose. You feel like you are having a life crisis over every other market move as long as you renting, saving or day to day needs are pegged with Bitcoin.
The other is supplementary consideration of not overexposing. Shun holding all in one thing diversification will lessen panic when the market is volatile. Employers should also be careful not to watch the chart all the time as it causes more anxiety and rather encourages emotional decision making. I firmly hold that investors need to be long-term oriented minded when joining the market instead of being short term profit oriented. Bitcoin has short term swings in its nature. It is not only important to protect your capital, but also your mental health. You must fix limits, have rest and you must keep in mind that there is no investment you can make with your wellbeing.

[Razmirraz]

This is an alarming occurance that takes place every time the bitcoin price drops lower than expected, we hear rumors of suicide, heart failure, high BP and lots of sad news from families of traders and other bitcoin users
what measures can be considered when investing in bitcoin to reduce these problems?

I think this kind of expectation is too much. The current decline hasn't even reached half of the previous ATH, so why worry so much that you think it's the end of everything? Mental preparedness is essential when investing in Bitcoin because situations like this can happen unexpectedly. This is why it is highly recommended to invest with money you can afford to risk.
Bitcoin is a highly volatile asset, they should have been aware of this when they started investing. Traders who have lost some of their asset value must change their strategy to prevent greater losses. At the very least, they must be confident in Bitcoin's potential because, based on past price movements, Bitcoin has always been able to recover from adversity. Instead of being overly burdened by the decreasing value of Bitcoin, why not try to continue accumulating it to increase profits in the future.
 

[melinoe]

This is an alarming occurance that takes place every time the bitcoin price drops lower than expected, we hear rumors of suicide, heart failure, high BP and lots of sad news from families of traders and other bitcoin users
what measures can be considered when investing in bitcoin to reduce these problems?

I think this kind of expectation is too much. The current decline hasn't even reached half of the previous ATH, so why worry so much that you think it's the end of everything? Mental preparedness is essential when investing in Bitcoin because situations like this can happen unexpectedly. This is why it is highly recommended to invest with money you can afford to risk.
Bitcoin is a highly volatile asset, they should have been aware of this when they started investing. Traders who have lost some of their asset value must change their strategy to prevent greater losses. At the very least, they must be confident in Bitcoin's potential because, based on past price movements, Bitcoin has always been able to recover from adversity. Instead of being overly burdened by the decreasing value of Bitcoin, why not try to continue accumulating it to increase profits in the future.
 

If peeps can't bear the red to see the green - they shouldn't start the process in the first place.

Or bear the losses they will go in if they will just fear-sell, basically.

[MusaPk]

There have been many rumors but the last one I think was confirmed on 11th October, after the 10th October's biggest liquidation, many traders lost all of their funds and a millionaire in Ukraine lost his life as he was found dead in his Lamborghini.

He was shot dead he even sent a message to his family and that he was facing some financial crisis. Crypto made his life and he took his life because of his financial status, it was really sad and a lot of other people faced critical health problems that day because they were not prepared for such a huge dump it was a black swan event. The current situation is almost the same as it was then, but this one is slow unlike the 10th October because that was quick and caught the trader off guard.

If you are day trader then sudden decline in price can wash your account and you have to bear huge loss. This is not the case if you are accumulating Bitcoin for long term through DCA strategy. In case of DCA, you can buy even more at dip that will decrease your overall buying price of all your bitcoins. This is exactly what Micheal Saylor is doing right now i.e. he buy Bitcoin when it was over around 120k and he is buying now again. Those who have understanding of Bitcoin knows that its price will go up in the long run and that's why they don't cry when price goes down.

[FortuneFollower]

There have been many rumors but the last one I think was confirmed on 11th October, after the 10th October's biggest liquidation, many traders lost all of their funds and a millionaire in Ukraine lost his life as he was found dead in his Lamborghini.

He was shot dead he even sent a message to his family and that he was facing some financial crisis. Crypto made his life and he took his life because of his financial status, it was really sad and a lot of other people faced critical health problems that day because they were not prepared for such a huge dump it was a black swan event. The current situation is almost the same as it was then, but this one is slow unlike the 10th October because that was quick and caught the trader off guard.

If you are day trader then sudden decline in price can wash your account and you have to bear huge loss. This is not the case if you are accumulating Bitcoin for long term through DCA strategy. In case of DCA, you can buy even more at dip that will decrease your overall buying price of all your bitcoins. This is exactly what Micheal Saylor is doing right now i.e. he buy Bitcoin when it was over around 120k and he is buying now again. Those who have understanding of Bitcoin knows that its price will go up in the long run and that's why they don't cry when price goes down.

it may be a case only if the trader uses leverage and a highhhh one.. then he may be liquidated on his own if he is not cautious enough, or if he doesn't add up funds to his positions.

[Furball808]

This is an alarming occurance that takes place every time the bitcoin price drops lower than expected, we hear rumors of suicide, heart failure, high BP and lots of sad news from families of traders and other bitcoin users

It is because they have put such insane amount of money in bitcoin and they can't bear to witness their money reducing basically.

what measures can be considered when investing in bitcoin to reduce these problems?

First of all do not put all your money in bitcoin. I know that we all believe in bitcoin but we still ought to at least diversify or save a few cash in case of emergencies. Second if you know you can't handle the news then avoid looking at it altogether especially if your plan is long term anyway.

[crwth]

There are reasons people act that way, and it's probably because they regret something or made a wrong move. I know some people who have made a loan and invested it in trading, and they have been doing well. I'm not sure about other people who have done it so that they might be the ones in tears.

I think if there are cases like this, you really need to be open and hear the person out, because the mental health strain someone may have might cause the end. So taking a break in trading might be a good breather.

"It's all about investing money that you cannot afford to lose". That might be the one that had happened.

[Alonso_]

People who cry and panic when Bitcoin drops are people who doesn’t know anything about bitcoin, bitcoin is always volatile and we know how Bitcoin works which means there will always be drop off with Bitcoin, so when people cry I wonder if they didn’t know anything about bitcoin before venturing into Bitcoin, people need to learn and know thing about bitcoin investment before venturing into Bitcoin, well I could understand people’s grievance because money is involved and they literally want to make money and profits but bitcoin doesn’t work like that and the most funny thing is that nobody controls bitcoin which is why there is always a bear market and a bull market all this thing have to be known and studied.