Topic: Bitcoin FUD is for losers. BE A WINNER. Stay Cool- Be Positive =D - page 3. (Read 395 times)

So you're saying that throwing your life savings into Enron or Theranos investments because everyone else is doing it is a better strategy?

If you have been around for years, you know Bitcoin is dead to every one every time it enters a bear market.  I recently spoke to someone who said Bitcoin never dropped like this ever before.  Fiat wise, not.  Percentage wise, we had worse drops in previous years.  But instead of giving it a very quick, five minute Google search and finding out why Bitcoin rises and will never die, they rather have opinions based on what the TV, radio, newspaper or general public says about it.

I rather just give up and stop arguing with them when I know they only have eyes and ears open to what the general public or the 1% says.  The piece of information telling you that Bitcoin is decentralized is literally the first thing you get to learn when researching Bitcoin.  It is ignorance and laziness that leads to everyone rather speculating on what Bitcoin is and is not.

Is it not scary that they are insisting on convincing you about something you are into and they are not, just because they think what the media told them is the actual truth?  Like what the hell, does the current society not grow a brain to think with any more?

If you think 2018 was bad, I can tell you 2015 was worse.  It was the first time almost everyone actually thought Bitcoin was going to die.

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Regards,
PrivacyG

Many had made fun of us for the past years especially during the bear market of 2018. They keep blabbering about bitcoin being dead and there's no more hope on it. Anyone who invests on it will just regret and already lost their money.

Not until the bull run has came back and they became optimistic again. This is always the case that happens and those people that keep on talking negatively about bitcoin has really no idea on it and we need to prove nothing against them.

We just mind our own business and keep holding.

This is mostly happening to newbies, FUD really affects the mindset of individuals whose knowledge about crypto is just limited. They got easily manipulated and change their mindset turning negative. But what I see, for now, FUDs aren't completely winning these days, newbies/newcomers had already learned from the mistakes of others as shared with them and they are now getting aware of the situation and ready enough to face the market challenge.

I would suggest that bitcointalk is also crypto related, so you might want to stay away from here as well . But, I get the idea, I am not really staying away because seeing all those people who do FUD really helps me love bitcoin even more. Makes me feel like I am seeing something that others can't see and that is why I love it so much.

I mean it is like there is this hidden gem that nobody appreciates, and you know it is true value, and when it goes up in value and everyone wants a piece of it, you feel validated and relieved that it wasn't something crazy and you really did know what the real value of it was and you were the one that made profit from it the most.

I hope you recover your btc from recovered funds from mtgox hack. It a good news for mtgox victims if the distribution happens but I'm sure there will be a lot of panic whenever victims started selling. For those who are new to space or have no idea about the distribution, It would be a disaster for them for sure!

It's nice that I've got an update from you OgNasty, Surely I'll get myself in touch with the mtgox happening and make myself ready for the massive selloff to buy some more BTC 

Bitcoin Fud will always be there forever, its a thing that the whales and media use in manipulation of the market, anyone who falls for it doesn't really understand how the market is like, because those who are used to the Fud and know when to buy the dip with such fud are truly the winner

It's natural for a beginner to try to express interest that during a bear market it's time to take more. That's already put him in the right place a bit. But we've been through the long process of getting Bitcoin to the $20K point in a few seasons. Whether it's to treat a sense of concern or not, the OP is sure to try so he feels confident Bitcoin will reach its highest point in a short time. After a long process, it's time for a bear market to move through a vulnerable line.

Why would you do that? Information is just information, even FUD. The one who makes the final decision to buy or sell is you. Let's say in the worse possible situation, Bitcoin got a compromise and everyone rushed to sell the coin, how would you feel if you don't know about it and missed the chance to cut loss? Sound like a lot of people in this thread has become a Bitcoin cultist, not a sensible, cool-head investor anymore.

Despite all the knowledge that a newbie may accumulate there is not really any way to explain to them how a bear market actually feels like, those which have not gone through one have no idea of how difficult it is and as such they overestimate the chances they have of holding their coins even under those circumstances, however if you are one of those which can in fact overcome it then no bear market will ever affect you as you will know what it is like and you will know the price will eventually recover.

In time like this. I usually buy in DCA method while turning off all the notification for my social media and news site so I can’t see any news about Bitcoin. I literally disconnected to the crypto so that my decision on buying will not be affcted by FUD. I just keep on buying and buyin using part of my salary at my job and save my signature campaign salary until Bitcoin finally recover. I don't want to miss the next bull run so I will grab this opportunity to buy below 100k.

One important step is to invest only money you afford to lose. Then you have a better chance neither FUD nor market changes scare you.

Reading the news, staying informed.. this is important. Afterwards, based on your knowledge you decide whether those news are worthy to act or not. Indeed, in most cases they are not worthy unless you have trader material and can get to multiply your funds only by paying attention to the market (of course, it's risky!).

Being positive is indeed a good advice. Bitcoin has a history of crypto winters and fantastic recoveries afterwards. We can surely hope this is yet another one that'll be followed by recovery.

For me it's good to hear those FUD though, I mean you can clearly see how ignorant are or some are really blatantly just wanted to attack bitcoin with their monger spreading. And then we will have a laugh moment because we know that is not true and then stay cool. And if we have the chance then we could rub it in to those personalities, sort of trolling them in social media.  , tit for tat and see who is going to crack first.

I guess experience is the best teacher, if we haven't seen a bear market, and this is the first time, then a newbie will lose his faith on bitcoin and totally give up. But for those who have seen this before, definitely we won't listen to FUD or any negative thoughts on bitcoin specially in this bear market. Just accept the fact and move on and wait for the next bull market. And for sure, majority of us will see each other again in 2024-2025 when BTC hits $100k or more. 

Buy and forget is what this sounds to me. it's a bit careless but it's probably fine if you're doing it on an asset that has come back to life time and time again. I think there's a better strategy to accumulate more BTC but that requires more skills. Perhaps not all is willing to learn that and content on DCA. Whatever approach you are more comfortable with I guess?

It looks like a classic long-term investor vs. trader debate is about to start. Keep it going. My popcorn is ready hehe.

Still trying to get my money back from mtgox.  Many others are as well.  If there were a reason to be pessimistic about the Bitcoin price, it would be that coming event.  When mtgox victims are eventually given the 200,000+ BTC sitting around waiting for them, I suspect it will lead to a massive selloff of BTC on the market.  This will likely be a short term event, but anyone even considering being overly bullish with leverage right now should be warned that they will likely be liquidated in the coming months.

If you know what you are doing then its fine, you can make profits if the results came as expected or it can be a lesson, these bulls and bears are not new but for people who are investing may take sometime to get used to that compared to the traditional volatility range. Buying cheaper is the key to make more returns so if you feel this is the cheapest price then buy and stack it until your desired price range happens which may take a year or two but make sure you have enough backup funds in the meantime, don't expect to reap the profits very soon because you may lose the actual potential of your investment with short term trades.

A really optimistic thread amongst all the bad news  

I am with you OP, and so are all the people who are in this community since its dawn.

Remember "Bitcoina" hack? Remember Mt. gox? BitInstant? CAVIRTEX? And how everyone reacted after all these incidents? 4chan/biz was flooding with "it's over" memes.

This crash is nothing compared to what's about to come   Right now people(and HEDGE FUNDS) are treating it like another stock market(and they are right to do so), it's yet to be used with its intended purpose. As more and more people learn about bitcoin and its potential benefits, its value will continue to increase. And when this happens, it won't be just another "inflated" asset. Hopefully we will be alive to witness that day(yes, it's a long road ahead)

I think you're definitely the guy i'm speaking to in this post. You have a nice little recipe for your posts lol make a claim, then insult, then pull some old quote out of your ass ahhahah. Hey having emotion and hope means that I am human. I'm trying to be positive light in this otherwise dark time and having some fun. I am looking at the long term picture for what Bitcoin has the chance to be over the course of my lifetime. I could be right I could be wrong only time will tell. 

In other words IGNORE any information that you do not like, disregard any information that interferes with your dream of becoming rich...

The above post is pure emotion and hope.

Any rational investor would laugh at the above as the worst way to invest, and a really good way to lose a lot of money....

OLD WALL STREET SAYING:  " Do not confuse brains with a bull market "...  In other words, even the dumbest investors can make money in a bull market.