Topic: As new members, take it easy and go step by step (Read 251 times)

Of course, as investor this moment can be good for entry and double their assets when bitcoin hitting second bullish waves till end of 2019 or at least till mid 2020 when halving because after bullish there will be find bearish moment. But, entry from this position have a risk too. Newbie don't need to follow anything if not sure with something don't understand. Learning from bearish situation like this it will be good to make you are ready fot the next market condition in the future.

Look at the price chart of bitcoin is a long time frame



You can see the cycle of bullish and bearish from one to another, so if we are in bearish trend then bullish trend will follow for sure but no one can say when it will happen so take a break until it arrives if you want to reap profits. But bearish trend is the right time to enter as crypto investor.

Bull is followed by a bear and bear is followed by bull means alternative breaks?

I am just curious, where do you classify new "traders" or "investors" who constantly find reasons why price went up or down?

This is the best part for me. It's the laziness or the refusal to learn that usually gets every newbies rekt.

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The post reminded me of this cycle:

image taken from https://harvestprofit.s3.amazonaws.com/aap/si/content_investorbrain-1462194836.gif

Don't think Holding always works. Considering those who are holding bitcoin and altcoins from early 2018 are still in a loss. If they had been active, they could have sold in mini bull markets and buy back cheap on major dumps. Holding and sleeping is not my way of working.

I do not believe the option to hodl or not to do so decides who a true bitcoiner is, we all have preferences and areas we're good in. If one knows he can afford to buy bitcoins and keep them for years without worrying about the bear period, then they are good hodlers, some others do better in daytrading and some people sell off to cut their losses.

I do hodl, and I advice people to do same, but rather than hodl and lose sleep whenever there's a bear market, it's better to sell off at intervals when you've made some profits at least, and buy again when it's convenient for you.

Real Bitcoiner will HOLD and will never panic in such situations. There are times when you need to sell because of some emergencies but generally a person who do not have full trust in bitcoins, sell it in bear markets and always complain.

That's how we roll.
By the way I write it B&H.

What profit you are talking about? HODL!!!!

Those who held so far made the most of the profit. Imagine someone bought bitcoin at $100 or less and held those coins till now instead of selling them at $105 or even $200.

If you can not afford to hold then you are not a bitcoiner. Yes you will spend if this is really necessary but do not spend them for those shitcoins LOL

Take a break if you see bears. This is what I will suggest to a newbie.

You can't make profits from the next day itself since you invested in bitcoin it will take time maybe weeks or even years so be prepared for it to face in meanwhile.

WO bro is now moving to B&S as well.

A small, accurate BTC tail how Micg handled his business


*So, as many have experienced the pressure of BEARS and FUD.... Price going down.... Yeah, I was as most of the people just running away, dodging bullets, seeking more and more advice etc     (sometimes at wrong places.... so don't easily take every news or advice for granted and always keep doing research)




*After more learning about BTC and its fundamentals and gaining some good advices.... an important moment occur, fear of price drops, running and the thought of dodges some losses went away (with dodging I mean every red dildo fear and every bounce-back relief.... just the wrong way of living it)




*While many still getting chased by FEAR of losing a dime..., though there long enough in the mix to have learned and understand its just the market being runned on supply, demand, buying and selling etc nothing new to see anyway




*Now, time to take it easy and rethink strategies while newbs still getting chased by the market the should embrace




*Find some moments to relax, having a drink, observing the market from a distance but keep staying invested and HODL with much more confidence..






*While the shit show keeps going, I will not fall into financial emotion cause of losing FIAT net worth as I learned 1BTC = 1BTC no matter what happens, and thats where my future is based on, so keep watching the newbs getting chased and rekt by FUD and BEAR attacks.




*I have witnessed and saw people getting rekt, I told many about BTC and clearly said to studie and learn, not thinking its a get rich quick scheme, some have listened and even while losing in FIAT terms they believe stronger as ever (that are new born strong hands), I have people seen losing money whiteout understanding and doing it all wrong, and I have seen people who are HODLing and being up... So all kinds of people I do know, most important is do not be the ones losing a lot whiteout any understandings and do not think its a get rich quick scheme!!!!




*Always keep your mind on the game, don't get fooled by market behavior, don't get played, don't end REKT




*Instead be prepared with good knowledge and understanding why to buy BTC when it dips or to buy BTC whenever its possible and comfortable with the live style you currently run.... (Always keep living the live you have and don't go on only bread and water.....life is too short to forgo!!!)
If so then HODL with me and other committed BTC-HODLers and drown the FUD, BEARS and whatever they try to scare some on-knowing people



Bottomline as a new person involving himself with BTC, just start with the most easy part of buying some and learn how to store it on the safest way......

Then start learning every day cause there is always new stuff to learn, and when your able to understand why your buying and HODLing whiteout being affected cause of price movements yeah thats the moment you becoming a true BTC'er !!!