I don't think people nowadays will put their emotion into trading since people now just follow the trends, whether it's a bear trend or a bull trend.
Topic: A must read article for all emotional investors out there,FUD spreaders,skeptics - page 2. (Read 205 times)
August 14, 2018, 09:44:35 AM
August 14, 2018, 09:39:25 AM
I hope that this will give a good icebreaker to those who are impatient about bitcoin price recovery and they will decide to buy and hold for their future. Yeah we should not be panic on this situation as we had survive when bitcoin was at lower than $1k and make a good rally to pump and hit at almost $20k. Those strong rally could be repeated soon. Just be patient
August 14, 2018, 09:34:06 AM
A helpful discussion for the newbies. I believe the best of the best do not ever go with such kind of hypes or FUDs. But newbies get anxious by these, and this sort of discussions helps them recover.
August 14, 2018, 09:29:48 AM
Thanks for the writeup. The truth is this, if you want to invest into bitcoin and other cryptocurrencies, you should endeavor to know everything about the cryptocurrency world. Once you have the knowledge of everything, it will guide you in your decision making. Cryptocurrency may not be meant for you if you are attempting to get rich quickly.
August 14, 2018, 09:26:25 AM
The condition of the crypto market changes from 2014 due to lot of huge hype happened in 2017 where lot of short term investors entered into the market just for the quick profits irrespective of the technology of bitcoin.This hurts long term holders as you said but if we truly hold for bitcoins for its technology it will pay you off in the future.
August 14, 2018, 09:19:43 AM
I completely agree with you. We must be patient and support Bitcoin more in this dump. We should not panic and sell of our Bitcoins in a hurry. The cryptocurrency market is always fluctuating and this dump should not affect us.
August 14, 2018, 09:08:56 AM
Many new investor decided to sell their BTC by thinking that BTC will dead soon. But they should need to be patient for future.
August 14, 2018, 09:02:51 AM
I agree with all the points you mentioned except one, the hodlers are not affected by the dip is what I believe. These people, who have been holding for a long time will eventually wait for the right time till market gets bullish. And according to Elliot Wave's theory we are now experiencing the 4th wave which is correction of market. Once the 5th wave starts a bullish trend all these hodlers will gain the most profit out of it.
August 14, 2018, 08:21:13 AM
Yes, definitely I would agree with the author's comment. I believe that with the btc community supporters globally will still be continuing to support btc in the crypto market, it will continue to survive despite of the deep down trend in the current market we had experienced. Investors and supporters of btc should be strong enough on their stand and belief in btc and do not let your emotions thrive in your decision making. JUst continue to hold and wait for the right moment.
August 14, 2018, 08:15:02 AM
This article is very well written for the people who are being emotional investors. As the price value of Bitcoin is going down the emotional and new bees into this market are panicking. No, at this moment you shouldn’t be emotional rather hold the patience to see the positivity. Because market will recover surely. You should not lose your hope rather believe in the technology!
August 14, 2018, 08:13:16 AM
Hodlers would be true holders if they can manage to hold despite huge loss, so you can't be hodler by holding few months etc.
August 14, 2018, 08:04:13 AM
I'm also one of the supporters of this awesome technology. I have been monitoring the Bitcoin quality for many years. Bitcoin and its economic value are extremely high. I like to invest in bitcoin.
August 14, 2018, 06:45:22 AM
https://ethereumworldnews.com/here-is-how-bitcoin-btc-has-survived-worse-including-the-mt-gox-saga-of-2013-2014/
I'm one of the supporters of this awesome technology. I've been monitoring bitcoin values since 2014 and an avid fan of blockchain. I'm no expert when it comes to its technicalities and predicting fluctuations. What I'm certain about is my belief that bitcoin won't just go down the drain because of the solid support of the community and help of some brilliant developers to maintain and improve its key features.
We are now experiencing bloodbath and huge dips in bitcoin's value. Emotional and newcomers into crypto are already panic selling. I just wanted you to know that this moment in time isn't the worst that BTC has ever experienced and I'm so certain that BTC's performance in the market will surely recover in the near future.
Hodler's may have been hurt due to this huge fall of bitcoin's value but only stronger hands wins this kind of waiting game for we all know that bitcoin will surely when it comes to value over time as its mining difficulty,usage and adoption increases.
Kudos to all bitcoin enthusiasts and supporters out there that truly believes in the technology despite the bloodshed that we are experiencing now or until the end of the year.
Remember that the weaker hands can't win in this kind of situation. Whales will be laughing at them who do panic selling.
Great thread, hope other will read it as well and think through their decisions. I'm one of the supporters of this awesome technology. I've been monitoring bitcoin values since 2014 and an avid fan of blockchain. I'm no expert when it comes to its technicalities and predicting fluctuations. What I'm certain about is my belief that bitcoin won't just go down the drain because of the solid support of the community and help of some brilliant developers to maintain and improve its key features.
We are now experiencing bloodbath and huge dips in bitcoin's value. Emotional and newcomers into crypto are already panic selling. I just wanted you to know that this moment in time isn't the worst that BTC has ever experienced and I'm so certain that BTC's performance in the market will surely recover in the near future.
Hodler's may have been hurt due to this huge fall of bitcoin's value but only stronger hands wins this kind of waiting game for we all know that bitcoin will surely when it comes to value over time as its mining difficulty,usage and adoption increases.
Kudos to all bitcoin enthusiasts and supporters out there that truly believes in the technology despite the bloodshed that we are experiencing now or until the end of the year.
Remember that the weaker hands can't win in this kind of situation. Whales will be laughing at them who do panic selling.
August 14, 2018, 05:27:34 AM
Very well said! I agree that investors will get a good profit in the long term.
There are also many new ICO projects that are well-established and can help investors multiply their deposits
There are also many new ICO projects that are well-established and can help investors multiply their deposits
August 14, 2018, 05:26:28 AM
I am not now motivated because i am a pratical person wherein market price goes down i literally trade my crypto for the fear that there could be nothing left on my money being invested on cryptocurrency. Anyway if bitcoin market price will going to recover i will be here back again.
August 14, 2018, 05:25:05 AM
This article is really very helpful for the people who are being emotional when the price goes down. They are the people who started panicing. But you have to hold your patience in this situation. Becuase market will surely increase. Just you have to believe in the technology and hold your emotions!
August 14, 2018, 05:24:55 AM
I believe that btc will make a recovery in the near future and all we need to do right now is just to continue to hold while waiting for the bullish market to be in place.
This probably depends on what you define as 'near future'.
IMO it is unrealistic to expect a 'recovery' to prices around ATH within the next months or year.
I am confident BTC will reach a new ATH. But it probably won't happen before the next halvening. Bitcoin needs adoption right now, to increase the dollar-value.
I am expecting the next big pump/run when a technological milestone has been reached (e.g. lightning network fully tested and functional). Because only the development of bitcoin is really increasing the value.
With the development going on (LN, schnorr, etc.. ) it is just a matter of time until adoption will increase at a rapid pace. And with increasing adoption the overall presence is also going to increase.
This will lead to an upwards movement of the BTC/USD price through all of the new demand.
August 14, 2018, 05:14:10 AM
Investors who become emotional when the price goes down must read this article. This will give them the motivation to hole their patience back. Market will rise one day for sure. So don;t lose hope. Something better is waiting!
August 13, 2018, 05:12:23 PM
I believe that btc will make a recovery in the near future and all we need to do right now is just to continue to hold while waiting for the bullish market to be in place. Moreover, this is still the best time to purchase more btc while the price is still low. Do not get affected with the negativity and FUD for it is just part of the market activity.
August 13, 2018, 05:01:56 PM
I was decided to sell all my BTC because I was panic about BTC and I was hope that BTC will dead soon. But one of my friend help me to be patient for future of BTC then I change my mind.
Yes you need to be patient, you can't panic sell every time there's a bit of a drop.
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