Angry - page 3. | Bitcointalksearch.org

Ararbermas

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Quote from: Trixoempire on May 19, 2021, 08:29:08 AM

I am angry rn I knew I should execute all my crypto yesterday when China anounced ban.
Now all my crypto 30% down. and it will take 3 years to recover.

are you serious 3 years to recover? Lol seems you're one of those ppl who's saying crypto currency is dying and there's no way for it to last. No offence mate but where did you get that mindset? Did you how this things really work or you're just spreading nonsense here like what fuds doing.. Try to make some research first and educate your self maybe it can help and enlighten you.. Lol

TheUltraElite

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Quote from: tabas on May 24, 2021, 04:21:00 PM

3 years? that's a joke. Maybe you should really have should at the top but you've probably thought that there's going to be more top with what bitcoin has reached.

Even self-proclaimed analysts give a wide "Disclaimer" before giving their analysis. Three years is a long time, a lot can happen in between. But it is true that those who became euphoric after the last few years of bear trend made a mistake not to sell at the top.

Quote from: Wilhelm on May 24, 2021, 08:35:59 PM

No parabolic phase....
Can only mean one thing...
It’s a correction....

Haiku?

Getting some Ghosts of Tsushima vibes there. Lets see how this turns out. Keep both fiat and BTC ready to use and you should be able to make profits of the market changes.

Wilhelm

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No parabolic phase....
Can only mean one thing...
It’s a correction....

Haiku?

famososMuertos

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I have seen many Shitcoin holders complaining about the current situation, but if you are holding shitcoin, you should have had Doge so this Meme is saving the season to many despite the actual down, that in reality it is not so tragic, if you have time In the market shitcoin in fact there are still profits in ETH.

Two or three years, it is an uncertain time for a market in which maybe some tokens it does not increase its price and stay stagnant between 3 and 7 decimals ($) even in more time.

But the important thing here is that if you do not compensate your lost with the winners of this year despite the current situation, something you are doing wrong.

stomachgrowls

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Quote from: Trixoempire on May 19, 2021, 08:29:08 AM

I am angry rn I knew I should execute all my crypto yesterday when China anounced ban.
Now all my crypto 30% down. and it will take 3 years to recover.

Dont blame yourself and its better to move on rather than making yourself keeping on regretting on why you hadnt able to secure your profits before the news.Situations like these could happen from time to time

and if you are just new into this market then better brace yourself into countless situations or events like this that could happen which might result into neither be pumping or dumping into the price.

Market is highly reactive to sentiments or news that floats around and its part of your analysis neither you should take actions on this or would simply ignore it. Dont get angry but rather take this

as a lesson that will help you to mold up yourself to be a better investor because once you had gained that experience then you would know on what would you do in next events that might possibly happen.

OgNasty

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Quote from: Trixoempire on May 19, 2021, 08:29:08 AM

I am angry rn I knew I should execute all my crypto yesterday when China anounced ban.

You cannot change the past, but you can change your attitude. There is no point in being angry over something that did not happen. If you live your life this way you will mostly certainly make yourself and those around you miserable. Instead of being negative over things that didn't happen, try being positive about what does happen in your life. Money isn't everything and it won't solve any of your problems no matter how much you think it will. Better than having a million dollars is having a positive attitude that breathes life into those around you. Maybe investing in crypto isn't for you and your time would be better spent enriching the lives of those around you. Something to ponder...

Gozie51

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Op don't need to be angry because you are waiting for more tops in gain but that is the nature of cryptocurrency investment. Many have the experience from this kind in the previous years just like you have yours this year. Hope you are going to learn during the next bull run.

Quote from: virtualdn on May 19, 2021, 08:31:01 AM

Crypto is not a get rich quick scheme as many think lately.

Sorry it is if you know the way. Many investors have cashed big money during this few months of bull. Almost all coins overtook ATH of the previous and that is profit for people who dumped. It is a get rich scheme sure, only if you identify. Hodling don't give you such profit but trading is surely a good ride to profit.

tabas

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3 years? that's a joke. Maybe you should really have should at the top but you've probably thought that there's going to be more top with what bitcoin has reached.
Don't get mad when the market corrects, you're likely to sell at losses when you can't control your emotion.

milewilda

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Quote from: Trixoempire on May 19, 2021, 08:29:08 AM

I am angry rn I knew I should execute all my crypto yesterday when China anounced ban.
Now all my crypto 30% down. and it will take 3 years to recover.

How did you know that it would take 3 years for it to recover? If you do try to look at on the current price then its starts to climb up again going to $40k, yes it might not be that high
but at least we are seeing some progress which this situation wont really be the same as we do look wayback into that 2018 crash of price where it did take a couple of years
for us to see some significant rise or recovery but lets hope that the situation wont comes even more worst on upcoming days or months and lets hope that the
market will really be showing off some recovery and thinking that you arent the only ones who got wrecked or does have that kind of problem at the moment.

gabbie2010

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Quote from: ?? on ??

I think you just have to accept the loss, make conclusions and wait for a while... No one knows which way the market will go now... If down, you really better go back in a year if you can't hold your coins for long!

The OP never believe in cryptos and had never bother to check the price history of it, imagine predicting a whopping 3 years price recovery, he has totally given up hope of quick price recovery whereas the price can pump within a month to regain his lost coins, infact presently the had reached bottom and a possible price recovery is imminent the bulls are gradually started entering the market.

wxa7115

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Quote from: Trixoempire on May 19, 2021, 08:29:08 AM

I am angry rn I knew I should execute all my crypto yesterday when China anounced ban.
Now all my crypto 30% down. and it will take 3 years to recover.

Why should it take so long for you to recover your money? Even if your post is short it seems to imply that you are a trader right? If that is the case you can also short the market and earn profits while the market is going down so I do not see the problem.

The only way this could be true is if you decide to keep holding your coins and become a long term holder, however I am not so sure this is a good idea since you are not entering the market with the conviction of a long term holder, you have been forced in that position by your trades and your inability to cut your losses and that is always a difficult situation to find yourself to be in.

The Sceptical Chymist

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Quote from: virtualdn on May 19, 2021, 08:31:01 AM

You must be a newbie probably. Just HODL and you will be fine. Crypto is not a get rich quick scheme as many think lately.

OP has got to be a noob and probably is in this for short-term profits, just like a lot of people are. I'd imagine that most newcomers to crypto (as in the ones who started this year) see bitcoin as a get-rich-quick scheme, as they've seen others actually get rich quickly--it certainly can and does happen.

I'd suggest to OP that a 30% drop in the price of bitcoin doesn't at all mean that it's going to take years to recover. Just take a look at bitcoin's 10-year price chart and you'll see how many times it's dropped 30% or more in a matter of days and how many times it's rebounded quicker than any stock would had that stock experienced the same drop in value. That's how bitcoin is; it's resilient, and I don't think the bull market is over quite yet, despite the huge correction we just saw.

Quote from: tokeweed on May 21, 2021, 02:12:54 PM

I doubt it would take three years to recover from a 30% draw down. You could make it in one.

A recovery from a 30% decline could take way less than a year. It just depends on market sentiment, and I haven't seen any really bad news that would indicate that we're in for a sustained bear market.

o48o

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Quote from: Trixoempire on May 19, 2021, 08:37:04 AM

Now its the bear market and it follow 3 years cycle to recover.
We will see now decline every day.
BTC will retrace to $20k.

This isn't necessarily true. We were waiting for this cycle to be longer too, bear cycle could be short as well, if everyone is trying to follow same pattern it usually fails at some point when people try to bit on the same time to make maximal gains. Cycle lenght is broken and there will be other models then s2f

michellee

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Quote from: tokeweed on May 21, 2021, 02:12:54 PM

Quote from: Trixoempire on May 19, 2021, 08:29:08 AM

I am angry rn I knew I should execute all my crypto yesterday when China anounced ban.
Now all my crypto 30% down. and it will take 3 years to recover.

I doubt it would take three years to recover from a 30% draw down. You could make it in one.

And it’s ok.. To make you feel better, I’m also in somewhat of a rut and it could take some time making it back. Lol. But I’ve taken some losses before so no big deal. The weird thing is I wasn’t angry. I felt numb.

Yes, we can hope that soon, the market will be back, and we can make a profit again, even we will make a big profit because the bull run will come back to the market.
We all have the same experience to see our portfolio is down a lot, but we need to be patient because it is only temporary. Besides that, this downtrend happens for just 2 weeks, so there is still a chance to see the bull run after this. Just be patient and wait for a while.

yohananaomi

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Quote from: tokeweed on May 21, 2021, 02:12:54 PM

Quote from: Trixoempire on May 19, 2021, 08:29:08 AM

I am angry rn I knew I should execute all my crypto yesterday when China anounced ban.
Now all my crypto 30% down. and it will take 3 years to recover.

I doubt it would take three years to recover from a 30% draw down. You could make it in one.

I think there is still a deeply ingrained optimism that it is all so common in bitcoin that bad news can always make a correction. because currently bad news is at the same time from @elonmusk and it is banned in China.
but all will be able to recover again when all can not always believe the bad news, and getting used to it that it's not everything makes bitcoin collapse.

Quote from: tokeweed on May 21, 2021, 02:12:54 PM

And it’s ok.. To make you feel better, I’m also in somewhat of a rut and it could take some time making it back. Lol. But I’ve taken some losses before so no big deal. The weird thing is I wasn’t angry. I felt numb.

all can be sure to experience losses that occur because the correction movement is very fast, just like when last year bitcoin increased sharply. actually this natural thing happened but it became unnatural because all could not hold back, thus worsening the reality that did happen.
for me when there was a sharp increase and many received profits and now there was a deep correction, there were also many who lost, so actually something that is understandable and does not need to be enlarged.

tokeweed

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Quote from: Trixoempire on May 19, 2021, 08:29:08 AM

I am angry rn I knew I should execute all my crypto yesterday when China anounced ban.
Now all my crypto 30% down. and it will take 3 years to recover.

I doubt it would take three years to recover from a 30% draw down. You could make it in one.

And it’s ok.. To make you feel better, I’m also in somewhat of a rut and it could take some time making it back. Lol. But I’ve taken some losses before so no big deal. The weird thing is I wasn’t angry. I felt numb.

lixer

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Quote from: Trixoempire on May 19, 2021, 08:29:08 AM

I am angry rn I knew I should execute all my crypto yesterday when China anounced ban.
Now all my crypto 30% down. and it will take 3 years to recover.

Well, since you knew it that it takes three years for the price to get back up, then you should have known as well that a bull run doesn’t last forever lol. Or did you think that this bull run was going to last through out this year? It wasn’t. We have seen bull run happen over the years, what people are never going to tell you is that the price will fall, they won’t tell you that. Forget all the hype, and those saying that the price is going to reach $100,000 and all that. Of course I do know that it is very possible because of how cryptocurrency fluctuates all the time, but you can’t be so sure about it.

Maybe next time when you’re investing in crypto you’re going to be that with money you can be able to hold even when the market crashed, because that’s really important. Some people who end up selling their coins is because they are in need of money, and for that they can’t continue holding.

quocsi

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Quote from: Trixoempire on May 19, 2021, 08:29:08 AM

I am angry rn I knew I should execute all my crypto yesterday when China anounced ban.
Now all my crypto 30% down. and it will take 3 years to recover.

Condolences with you. We were all surprised that the price of Bitcoin fell so quickly. The advice for you is that when participating in the cryptocurrency market, you must be quick and decisive. When you feel profitable, you have to close immediately, if you hesitate, you will lose or even lose everything. My friends have a lot of similar situations like you. If there is a profit before closing the stormy market, the loss will be heavy. You have lost 30% what a pity!

NeuroticFish

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Quote from: Trixoempire on May 19, 2021, 08:47:32 AM

I can afford it just sucks and make me angry cause it will take 6 months to make it again.

Quote from: NeuroticFish on May 19, 2021, 08:58:50 AM

Then you should be OK. Shit happens and hopefully in 6 months you'll be laughing when you'll be thinking back.

This is the "beauty" of over-reacting. If you didn't FOMO-sell (I hope you didn't!!), you didn't lose anything and the "6 months" you were expecting have pretty much already passed, i.e. the price has already recovered after yesterday's mess.

thirdprize

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Quote from: TheUltraElite on May 20, 2021, 01:44:18 AM

Quote from: Trixoempire on May 19, 2021, 08:29:08 AM

I am angry rn I knew I should execute all my crypto yesterday when China anounced ban.

Happens with the best of the traders. Important thing is that you learn your lesson from this. Governments tend to oppress crypto when it goes up and this brings the price down again, a type of feedback loop that makes the traders suffer for their euphoria on seeing high prices, I concur that this is a important lesson for everyone to know when to sell.

For what it is worth btc is down $3K on the previous day. It is pretty much where it was before, so you have not lost that much. Of course yesterday morning (before the dump) was down $15K on two weeks ago. That is a different matter.

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