Big gains come with big losses - page 26.

ajaymukund

member

Activity: 784

Merit: 10

https://streamies.io/

Quote from: Sinecoin on March 27, 2018, 09:49:20 PM

To everyone complaining about the current situation crypto is in or questioning why its happening you need to keep in mind that if something triples in price in a relatively short period of time, it can crash just as hard in the same period of time. I remember when eth had its climb up $1400 people were ecstatic and they thought that we were never gonna see sub $1k eth again when just a few months ago eth was just $300. This greed brought on by the price influxes is blinding people from the reality that crypto prices cant keep going up forever.

right. I highly appreciate your comment. People are always complaining about the market going down and it seems they have not thoroughly analyzed the problems around.
As your opinion, something goes up so fast and can go down very quickly. So when bitcoin goes down, we should not be too surprised because it will increase slowly.

Jating

hero member

Activity: 2842

Merit: 772

Quote from: Sinecoin on March 27, 2018, 09:49:20 PM

To everyone complaining about the current situation crypto is in or questioning why its happening you need to keep in mind that if something triples in price in a relatively short period of time, it can crash just as hard in the same period of time. I remember when eth had its climb up $1400 people were ecstatic and they thought that we were never gonna see sub $1k eth again when just a few months ago eth was just $300. This greed brought on by the price influxes is blinding people from the reality that crypto prices cant keep going up forever.

This is really what investing in crypto really brings. Look at just how those newbies who really thought that we can go on a parabolic rise forever, they bought even the price is too steep at almost $20K. It was good times I have to admit, but the irrational buyers thinks otherwise. I see the price increasing like $1K or more everyday and I say to myself that something is not right and in the end it eventually crashes, together with some of those newbies dream of getting a lot of money out of this market. Yeah this crashes bring back some senses to most of us experience traders and newbies a expensive and hard lesson to learn.

First, everyone should understand that this is still a speculative market so its either you stick your with your plan on having a entry/exit, so you will not be burned at the end. Greed is far the number enemy of every trader here, if you don't know what to manage, it will be the cause of your downfall just like we are witnessing in the last 3 months. Those irrational buyers get out the minute the price goes on a correction and just decided to cut their losses by selling early.

cheezcarls

hero member

Activity: 2282

Merit: 659

Looking for gigs

I honestly agree with this statement. When Bitcoin rised to an all-time record of $19k, it dropped to as low as $5.7k in February before climbing back to between $6.5k to $12k during the market crash. However, I would not mind about that as long I know how to diversify my options to sustain myself. I also believe that within June onward, a bull run will commence like what happened for few consecutive years consistently.

cydrix

full member

Activity: 602

Merit: 129

Quote from: Sinecoin on March 27, 2018, 09:49:20 PM

To everyone complaining about the current situation crypto is in or questioning why its happening you need to keep in mind that if something triples in price in a relatively short period of time, it can crash just as hard in the same period of time. I remember when eth had its climb up $1400 people were ecstatic and they thought that we were never gonna see sub $1k eth again when just a few months ago eth was just $300. This greed brought on by the price influxes is blinding people from the reality that crypto prices cant keep going up forever.

IMO everyone knows here what it is before handling huge amount of money for investment in crypto's unless they are ignorant fools who are trader wannabe but in fact they are just talking nonsense. Greed is what powers bitcoin miners have different method and rigs to power your transaction and greedy amount of investors are good in bitcoin because everyone will benefit through that but lately there are some manipulators are lurking around this moment to indicate a surprise attack in bitcoin that damages all of us.

Shenzou

sr. member

Activity: 1400

Merit: 283

Quote from: Sinecoin on March 27, 2018, 09:49:20 PM

To everyone complaining about the current situation crypto is in or questioning why its happening you need to keep in mind that if something triples in price in a relatively short period of time, it can crash just as hard in the same period of time. I remember when eth had its climb up $1400 people were ecstatic and they thought that we were never gonna see sub $1k eth again when just a few months ago eth was just $300. This greed brought on by the price influxes is blinding people from the reality that crypto prices cant keep going up forever.

I agree, with the prices going up t high values last year, this market gained a lot of popularity and a lot of reputation for making people rich, so many who have no idea about cryptocurrency and how it works jumped into it, in hope for fast and big profit, but they were greeted by disappointment, the people who got rich from it got it after many years of waiting and having the strength to keep holding and the patience to support the idea of cryptocurrency, they didn't not get it it between a day and night, so these people who complain about it are just no good for this type of market so they quit and say bad things about.

putrii

full member

Activity: 420

Merit: 100

Quote from: Sinecoin on March 27, 2018, 09:49:20 PM

To everyone complaining about the current situation crypto is in or questioning why its happening you need to keep in mind that if something triples in price in a relatively short period of time, it can crash just as hard in the same period of time. I remember when eth had its climb up $1400 people were ecstatic and they thought that we were never gonna see sub $1k eth again when just a few months ago eth was just $300. This greed brought on by the price influxes is blinding people from the reality that crypto prices cant keep going up forever.

probably because you can not control your emotions and may not be able to control your patience because the trading you need to pay attention to is your patience in having the coin you have.

Leonard2016

hero member

Activity: 1036

Merit: 520

I'm so agree with you , if you can't tolerate big losses you don't deserve big gains , this market needs a lot of patient , and deciding by rush , doesn't work very well in there.

zhuiyongliang8

newbie

Activity: 210

Merit: 0

Quote from: Sinecoin on March 27, 2018, 09:49:20 PM

To everyone complaining about the current situation crypto is in or questioning why its happening you need to keep in mind that if something triples in price in a relatively short period of time, it can crash just as hard in the same period of time. I remember when eth had its climb up $1400 people were ecstatic and they thought that we were never gonna see sub $1k eth again when just a few months ago eth was just $300. This greed brought on by the price influxes is blinding people from the reality that crypto prices cant keep going up forever.

In eight years from 2009 to 2017, bitcoin has soared by 7.54 million times.

From $1, 000 to $10, 000, it took only a year.

How to solve the worry, only the rich. Bitcoin seems to be the shortcut to riches.

But often risk when wealth is also exist at the same time, in the currency price reached $20000 last year, so far, only a few months the price of the currency to just $7000, profits and risks coexist.

Viyamore

hero member

Activity: 658

Merit: 500

Quote from: semobo on March 28, 2018, 12:06:02 AM

Most people are always scared to risk but they only want the profits so it is not possible if someone don't want to take risks.If tge people who are strong enough to make bild decision at the hard times can make more money.So people need to realize that and start investing on the cryotocurrencies.

Yup! No business had ever existed without havin loss. Besides, we ca never enter trading or any business without taking the risk.
I cannot recommend any business alternative without any risk.
If you want to earn without risk, i think you have to live to a live a impossibility.

sejhdjdt

newbie

Activity: 122

Merit: 0

I agree with your point of view. Benefits and risks coexist. When you want to get great benefits at the same time, then you will have great risks. But I still believe it will erupt again. I have bought some bitcoins and Ethereum, and I will look forward to their boom.

xuan87

legendary

Activity: 1666

Merit: 1001

This is a very true statement, a lot of people need to read the market more precise, the rising sometimes is just a whale pumping and can't hold for a long time, people need to know that it's not that easy to predict crypto and therefore need to be more careful when want to invest in crypto, don't because of the greed keep on buying at peak price and in the end lose a lot of money

cryptoalfs76

full member

Activity: 406

Merit: 100

▰▰▰ MODULE ▰▰

Quote from: Sinecoin on March 27, 2018, 09:49:20 PM

To everyone complaining about the current situation crypto is in or questioning why its happening you need to keep in mind that if something triples in price in a relatively short period of time, it can crash just as hard in the same period of time. I remember when eth had its climb up $1400 people were ecstatic and they thought that we were never gonna see sub $1k eth again when just a few months ago eth was just $300. This greed brought on by the price influxes is blinding people from the reality that crypto prices cant keep going up forever.

Will,we must accept the facts that all things happen now have a reason,and just like other bussiness in stock market there are times of profitable and there are times of loosing,but the important is cryptocurrency is still there continue to move on,beyond this many changes happen now in crypto world,that despite in everythings of this we still to continue to moving forward in our trading investment,and hoping someday the clock will turn back to those prosperous time that all coins will high there value and become profitable again.

shkon5

newbie

Activity: 135

Merit: 0

Sir, high risk and high returns are inevitable. We should treat cryptocurrencies rationally, instead of blindly thinking that tokens will appreciate forever. This is very dangerous.

Rahar02

hero member

Activity: 910

Merit: 523

Quote from: Sinecoin on March 27, 2018, 09:49:20 PM

To everyone complaining about the current situation crypto is in or questioning why its happening you need to keep in mind that if something triples in price in a relatively short period of time, it can crash just as hard in the same period of time. I

It happens all the time in the cryptocurrency market since most people treat bitcoin as a speculative object rather than real currency for daily transactions. That's why, if you don't believe in bitcoin, don't be a holder waiting for bitcoin reach $100K, instead take your chance to sell it at the peak and buyback after it falls down, you will have cash and bitcoin as well, no regret at all.

carlfebz2

hero member

Activity: 2926

Merit: 722

DGbet.fun - Crypto Sportsbook

Quote from: Finestream on March 29, 2018, 08:45:28 AM

Quote from: Alex077 on March 29, 2018, 07:49:34 AM

Quote from: Borisb52 on March 28, 2018, 03:46:05 AM

Big profits always carry great risks. If even go to risk, then do it in a balanced manner. Although in my opinion it is better to have a smaller profit but steadily and with minimal risk. If you are trying to earn a large sum immediately, then be ready to lose the same large sum.

You are exactly right: the higher hypothetical profit may cause the bigger losses. This rule works not only for cryptocurrencies, the stock market works just as well; the recent situation with a Facebook is a quite good confirmation (of this rule). Facebook lost 15% of its cap in a day just because of the news.

Agreed.We all have the chances to make big profits when we succeed,but in times we fail,we also got the same big amount when we lose.So this two is just a natural scenario particularly in trading or even in gambling.No one gets win if the other one does not lose the game.

That's how it goes and do works. If theres a gainer then theres a loser.We do know on how do trading works if we earn money then someone loses money at the same time.Therefore we should know how to utilize those gains into other aspects or field.You should secure out yourself for you to add up even more possible side incomes without even just focusing into single type of investment.Always diversify and losing out bigtime can really happen anytime.

WSDN

sr. member

Activity: 493

Merit: 250

IDENA.IO - Proof-Of-Person Blockchain

yes, i think this is the normal rule of the market. although crypto is invented in many years ago but 2017 is the first year BTC and altcoin are attented in the world and with their value, they makes people crazy about them. But now, after a long time đropping, i believe that they will grow up slower.

Finestream

hero member

Activity: 3052

Merit: 606

Quote from: Alex077 on March 29, 2018, 07:49:34 AM

Quote from: Borisb52 on March 28, 2018, 03:46:05 AM

Big profits always carry great risks. If even go to risk, then do it in a balanced manner. Although in my opinion it is better to have a smaller profit but steadily and with minimal risk. If you are trying to earn a large sum immediately, then be ready to lose the same large sum.

You are exactly right: the higher hypothetical profit may cause the bigger losses. This rule works not only for cryptocurrencies, the stock market works just as well; the recent situation with a Facebook is a quite good confirmation (of this rule). Facebook lost 15% of its cap in a day just because of the news.

Agreed.We all have the chances to make big profits when we succeed,but in times we fail,we also got the same big amount when we lose.So this two is just a natural scenario particularly in trading or even in gambling.No one gets win if the other one does not lose the game.

Shutup

full member

Activity: 588

Merit: 100

Quote from: Sinecoin on March 27, 2018, 09:49:20 PM

To everyone complaining about the current situation crypto is in or questioning why its happening you need to keep in mind that if something triples in price in a relatively short period of time, it can crash just as hard in the same period of time. I remember when eth had its climb up $1400 people were ecstatic and they thought that we were never gonna see sub $1k eth again when just a few months ago eth was just $300. This greed brought on by the price influxes is blinding people from the reality that crypto prices cant keep going up forever.

Bitcoin gains comes with big loses. Yes l agree on that because l have so many loses because of too long to wait now for exchanger. But it's a big gain if the price of bitcoin rise up to a expensive price. Because this is all we wait for the high price of bitcoin.

Alex077

legendary

Activity: 3640

Merit: 1209

Quote from: Borisb52 on March 28, 2018, 03:46:05 AM

Big profits always carry great risks. If even go to risk, then do it in a balanced manner. Although in my opinion it is better to have a smaller profit but steadily and with minimal risk. If you are trying to earn a large sum immediately, then be ready to lose the same large sum.

You are exactly right: the higher hypothetical profit may cause the bigger losses. This rule works not only for cryptocurrencies, the stock market works just as well; the recent situation with a Facebook is a quite good confirmation (of this rule). Facebook lost 15% of its cap in a day just because of the news.

shulio

legendary

Activity: 1540

Merit: 1016

Big gains coming in long time will not reflect big losses. Bitcoin and orher crytpo currencies had big price increase in a very short time. So we are here and having big losses nowadays.

Topic: Big gains come with big losses - page 26. (Read 2479 times)