Before and after bull run. - page 3.

sunsilk

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Quote from: Forever101 on October 08, 2023, 05:20:54 PM

Before and after bull run , please keep in touch with your relatives who are into bitcoins/Cryptocurrency. We have heard of cases of people commiting different kind of crimes due to bear market hitting them unprepared. No matter how prepared everyone can be, there are people who will keep holding until the bear market strikes.
No matter how prepared we can be, there are people who will loose their funds in one way or the other. We can not fully predict what to expect but we should try as much as possible to be in touch with relatives before and after bull run.
No life is worth loosing for any reason, the bull market and the bear market ahead should not be the genesis of another disaster.

Keep in touch with your family and friends before and after bull run, the happiness of profit can also drive one crazy which can make one do something unreasonable such as getting drunk, driving recklessly and many more. To those who will see this thread, please keep this words in mind.

I've done that with my friends who stayed intact with me in bears and bulls. Many have already let go of their hands together on this journey but only a few that can be counted with fingers stayed with me til' the end. Anyway, I've got no problem with the ones that held with me until they have finally sold.

They have regretted their decision after seeing the low price this time but that's how their journey was and can't go back anymore because they find it too expensive based on their living situations.

Although it is a sad thing that there have been stories in the past that many can't take the bear market because it's either their first time or they've lost a lot on it and don't know what to do.

I think most of those that have sadly ended their lives and committed what shouldn't be done were majority victims of the scam projects like luna.

OcTradism

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Quote from: Forever101 on October 08, 2023, 05:20:54 PM

Before and after bull run , please keep in touch with your relatives who are into bitcoins/Cryptocurrency.

Keep in touch with your family and friends before and after bull run, the happiness of profit can also drive one crazy which can make one do something unreasonable such as getting drunk, driving recklessly and many more. To those who will see this thread, please keep this words in mind.

When they have money for investment, I assume they already have jobs and are matured enough to control themselves. You can not control a matured person and you don't have rights to do this. Even their parents can not do this on their matured boys and daughters so don't feel like you can do this.

When people are too optimistic or pessimistic, they can become uncontrollable and undisciplined with their actions so that they can gain some unwanted results. If you try to keep in touch with your family members, it is good but you can not save them all times. Anyway, paying attention on them is better than don't do that.

If you want to help them, you have to tell them
- When you have profit, try to save your capital first. They can use profit to buy things, enjoy life or reinvest it but initial capital should be saved.
- When you have loss, tell them that it's not the end of the world. Opportunities will come later but they must be calm and smart.

Tell them to not touch altcoins because they will lose money to altcoins.

Cryptoababe

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Do it For Better Humanity (Bitget trader)

Thats why people are advised to invest the amount they can afford to lose. Because crypto is still early and the market is very volatile. Although, only leverage traders and memecoins degens can easily lose huge amount of money.

mk4

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Paldo.io 🤖

I remember various communities on various platforms having suicide hotlines on deep bear markets; those have almost always been decent signals to go heavy on bitcoin/crypto due to market sentiment being close to an all-time low.

letteredhub

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Next Generation Web3 Casino

Why not just put a radar on them or a micro chip maybe that will help keeping them in touch about their whereabouts during and after the bullrun. Grin

As humans we will always want to celebrate our success but any wise person ought to know that we have just one life and shouldn't let our excitement expose it to risk. Life isn't money you can recover later if lost

This ain't the first bullrun and won't be the last we're expecting, so just like the first comment explicitly put, if you love them that so much then get them oriented about bitcoin and about money management entirely maybe that can relief the tension tension when the time arrives.

decodx

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🇺🇦 Glory to Ukraine!

I get why people worry about their loved ones who are into crypto, what with how up and down the markets can be. It makes sense to keep in touch with your family and friends whether things are going great or the markets tanking. Gotta make sure the highs don't go to anyone's head or the lows don't bum anyone out too bad. Supporting each other is good. Your people matter more than money.

But I also agree with JeromeTash, people need to learn to deal with the consequences of their actions themselves. This aint kids' stuff we're dealing with here. Everybody's got to take responsibility for themselves and the risks they take. We can support each other, but we cant be babysitting grown folks or cleaning up their messes for them. They want to play with fire they're gonna get burned sometimes. That's just how it is.

JeromeTash

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Heisenberg

Or maybe the best thing you can do is get them oriented into Bitcoin, investments, the downsides of investing, risk management and how to keep at the top rather than just "keeping in touch" with them Wink

Humans are not like dogs, you can't keep them on a leash forever.

Forever101

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Before and after bull run , please keep in touch with your relatives who are into bitcoins/Cryptocurrency. We have heard of cases of people commiting different kind of crimes due to bear market hitting them unprepared. No matter how prepared everyone can be, there are people who will keep holding until the bear market strikes.
No matter how prepared we can be, there are people who will loose their funds in one way or the other. We can not fully predict what to expect but we should try as much as possible to be in touch with relatives before and after bull run.
No life is worth loosing for any reason, the bull market and the bear market ahead should not be the genesis of another disaster.

Keep in touch with your family and friends before and after bull run, the happiness of profit can also drive one crazy which can make one do something unreasonable such as getting drunk, driving recklessly and many more. To those who will see this thread, please keep this words in mind.

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