Angry - page 4. | Bitcointalksearch.org

serjent05

legendary

Activity: 3010

Merit: 1280

Get $2100 deposit bonuses & 60 FS

Quote from: Trixoempire on May 19, 2021, 07:29:08 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.

So you are thinking that the current Bull season had passed? And you followed the 4-year cycle? If so you should know that the current bull season is yet finished (according to the 4-year cycle you followed). We can say that the bull cycle will be finishing in the 4th quarter of this year. So there is still plenty of time for BTC to rally and record a new ATH before the actual bear season comes in.

bitterguy28

full member

Activity: 2170

Merit: 182

“FRX: Ferocious Alpha”

Quote from: Trixoempire on May 19, 2021, 07:29:08 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.

who told you that it will take 3 years? for the next halving again ? is that what you are pointing?
if does well you are definitely wrong because the market is just having correction for the final blow.

_________________________________________________________

Best that you take a rest and for a while don't check your holdings since you are willing HODL for that 3 years time

caffinated

jr. member

Activity: 128

Merit: 2

30% really? we dropped so much? ok ill look at selling my crypto...it'll take me a year to get off my ass to sell it though... or maybe longer lol

Karartma1

legendary

Activity: 2310

Merit: 1422

Quote from: Trixoempire on May 19, 2021, 07:29:08 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.

You guys are so new here, I should very sorry for you but I can't.
I've seen this many times in the past when people where rage-quitting bitcoin when it dropped from the top anytime that happened.
Welcome to the club, try to understand why you bought in the first place, or else you shouldn't have been here at all.

Kong Hey Pakboy

member

Activity: 1120

Merit: 68

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!

Easy to say when this didn't happen to you am I right? Also you have a really stupid advice, why go on a hiatus when the prices are down? You can take those time as an opportunity to accumulate more bitcoin that you will sell when the prices have gone right.

ADCrypto101

newbie

Activity: 29

Merit: 1

Quote from: Trixoempire on May 19, 2021, 07:29:08 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.

China already banned it years ago...lol best fud ever

elisabetheva

full member

Activity: 1708

Merit: 105

Quote from: davis196 on May 20, 2021, 12:52:19 AM

I'm beginning to think that 2021 is going to be the same as 2018/2019 for Bitcoin.
The price will keep falling from the ATH and we might face a "crypto winter",just like when the BTC price was 3-4K USD,during the winter of 2019.Eventually,the market will recover for sure,after all the Elon Musk FUD madness goes away.Whoever HODLs Bitcoins for the long term will win.A lot of newbies,who bought BTC at 50K USD will lose their minds,sell everything and leave.

I hope people start to realize from the actions of an entrepreneur that we cannot really blame that the goal is none other than looking for profit in a way that can be done and what is tweeted can actually influence many crypto holders who are experienced to be trapped in that game.

entrepreneur is aiming to find as much profit as possible in a way that can influence or through the company that is used as a tool for that. I hope the awareness will be realized soon and the feared incident that will happen like 2018 will not happen and will still be able to start recovering again.
because obviously many are disappointed because the very deep correction of bitcoin occurred before the time came.

akiho yoshizawa

full member

Activity: 640

Merit: 100

be patient sir, maybe yesterday was not just you who had minus tens% a lot of losses from #bitcoin BTC down ,,, in bots alone there are lots of whales liquidation tens or even hundreds of dollars ,, many are fudge If you sell now, you will definitely lose the more. Hold is hard I admit ...

lienfaye

hero member

Activity: 3010

Merit: 629

Dont feel bad if your assets are 30% down, just keep holding because it will recover for sure BUT this is only applicable for the coins with real use cases and well-established like bitcoin, otherwise you're rekt.

Quote from: kryptqnick on May 19, 2021, 09:40:54 AM

Op might be right about 3 years, referring to the time it took for Bitcoin to recover from the end of 2017 will the end of 2020. Nobody can say for sure whether this is going to be the case this time because for now, not enough time has passed to see the general tendency. In any case, people should be aware of the risks when investing in cryptos, and they should be prepared to hodl for years if necessary. I'm sorry that your investment is 30% down, but it's not anything out of the ordinary with Bitcoin.

I doubt it will take 3 years to recover, the situation now is different from the past. We see more adoption now and increased of users thus I think it might take shorter than usual to bounce back from bearish situation. Nevertheless no one can accurately predict the future of crypto but what im certain is, this is only temporary and we can see another recovery for the coming days, months or even it takes years.

electronicash

legendary

Activity: 3178

Merit: 1054

Quote from: TheUltraElite on May 20, 2021, 12:44:18 AM

Quote from: Trixoempire on May 19, 2021, 07:29:08 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.

Of course it is never possible for anyone to predict when a country might take a negative approach to crypto but when prices are high make it a point to at least sell a fraction of your holding to cash out and wait for the drop to happen.

Quote

Now all my crypto 30% down. and it will take 3 years to recover.

Now that is BS. Crypto can go up and down within hours. You cannot declare an absolute number like that in this market. True that price may drop even more but rise will happen with time. Three years is a long way, many more things might happen in a year.

china is the only one doing it. The banning isn't really new, its the same rules but the news media just recycled the news. countries today are more into solving covid problem than anything like currency problem. Palestine wanna solve peace in their country, not about crypto. there is just much to solve like political instability than playing around with cryptocurrency. India today forgets about cryptocurrency law but accepts Vitalik's donations which is from cryptocurrency.

actually 40% down. but its gradually growing up again. if OP had sold, he could have grown his holdings so yes he has the right to get angry at binance. or to elon probably? Grin

CryptoWebDirectory

jr. member

Activity: 152

Merit: 6

HODLer

The news from China does suck, but if you really believe in crypto just look at this as another set back and it will bounce back. I don't know where you got the idea of 3 years to recover from this? Look how much Ethereum is up still just over the past few months! The market was do for a correction and the news from China didn't help, but don't get angry. You just need to be patient and wait for the market to bounce back some. It sucks if you need the money, because I think at this point your better to just hold then sell at the low's we're seeing now, just my opinion..

davis196

hero member

Activity: 3150

Merit: 937

I'm beginning to think that 2021 is going to be the same as 2018/2019 for Bitcoin.
The price will keep falling from the ATH and we might face a "crypto winter",just like when the BTC price was 3-4K USD,during the winter of 2019.Eventually,the market will recover for sure,after all the Elon Musk FUD madness goes away.Whoever HODLs Bitcoins for the long term will win.A lot of newbies,who bought BTC at 50K USD will lose their minds,sell everything and leave.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: Trixoempire on May 19, 2021, 07:29:08 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.

Of course it is never possible for anyone to predict when a country might take a negative approach to crypto but when prices are high make it a point to at least sell a fraction of your holding to cash out and wait for the drop to happen.

Quote

Now all my crypto 30% down. and it will take 3 years to recover.

Now that is BS. Crypto can go up and down within hours. You cannot declare an absolute number like that in this market. True that price may drop even more but rise will happen with time. Three years is a long way, many more things might happen in a year.

Lordhermes

sr. member

Activity: 1232

Merit: 379

Quote from: Trixoempire on May 19, 2021, 07:29:08 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.

You shouldn't be crying, this is the opportunity to bag more quantity of cryptos of your kind, I know you are just coming into the space but it doesn't work that way, if it took 3 years for bitcoin to recover from $10k to the new ATH, how long do you think it will take to recover from this recent dip of the market to new ATH.

This is not the first time china is banning crypto related things, China's ban on ICO back then in 2016 or so got all the cryptos on red, unfortunately, it recovered, pandemic occured, the same recovery occured too, the same good news will happen soon after Musk bitcoin rejection on Tesla. Watch out.

supine

full member

Activity: 1036

Merit: 109

Quote from: kryptqnick on May 19, 2021, 09:40:54 AM

Op might be right about 3 years, referring to the time it took for Bitcoin to recover from the end of 2017 will the end of 2020. Nobody can say for sure whether this is going to be the case this time because for now, not enough time has passed to see the general tendency. In any case, people should be aware of the risks when investing in cryptos, and they should be prepared to hodl for years if necessary. I'm sorry that your investment is 30% down, but it's not anything out of the ordinary with Bitcoin.

If OP's assumptions would be true then there is nothing to worry we should celebrate it instead because if it would be the same then we would see another big bounce after 3 years and it would make another set of record for ATH.
But we couldn't be so sure about it we don't really know if it would really happen.
I just sold my crypto a few hours ago and now I am waiting for it to go lower and re-enter at $20K if possible.

kryptqnick

legendary

Activity: 3248

Merit: 1402

Join the world-leading crypto sportsbook NOW!

Op might be right about 3 years, referring to the time it took for Bitcoin to recover from the end of 2017 will the end of 2020. Nobody can say for sure whether this is going to be the case this time because for now, not enough time has passed to see the general tendency. In any case, people should be aware of the risks when investing in cryptos, and they should be prepared to hodl for years if necessary. I'm sorry that your investment is 30% down, but it's not anything out of the ordinary with Bitcoin.

thirdprize

sr. member

Activity: 485

Merit: 274

This has been coming for a week. I sold this morning but i thought about it yesterday.

hitsnorth

jr. member

Activity: 145

Merit: 1

Don't invest more than you can afford to lose. Also, why 3 years? i don't think it'll take so long. From 2020 to 2021 BTC went from 10k to 60k.

Permonik

member

Activity: 275

Merit: 11

My hands are made from NEUTRON STAR!!!

virtualdn

legendary

Activity: 1358

Merit: 1093

Quote from: Amph on May 19, 2021, 08:52:09 AM

pump and dump nothing new, there were many of them but guess what? we are going up anyway in the long terms, so who care...see you in in the next halving for 100k ATH

To the Mooon! To everyone who holdled now, I send you my true congratulations, you are the real deal!!! Elon Musk and his FUD will soon be forgotten.

Topic: Angry - page 4. (Read 1117 times)