Bitcoin holders must remain calm - page 3.

Janation

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Being bitcoin holders is not easy because you need to hold your emotions mostly if you buy in higher price and now the price dropping. It's hard to see that you invest keep on dropping so bitcoin holders no choice but to hold it what they have and wait great time to make a good profit.

That is the problem of many investors of cryptocurrencies, they are always impatient in terms of selling and buying investments and joining other new projects since most of them are scams.

Being patient is one of the greatest feature of an investor of cryptocurrencies. With the volatility of cryptos, you can earn yourself a good amount of profit in time the price pumps up in the future. Instead of panicking when the time the price dumps happen, better stick to your plan or strategy, you can also distract yourself by checking good projects or cryptos in the market that has a possibility of having a good price.

Soots

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Really it's normal to saves Bitcoin now holding situation and waiting panic time'when Bitcoin market price making selling time.im not nervous about market situation because it always unstable.

Staying calm can greatly help to think and decide creatively. There's no need to panic as bitcoin is there to stay and can definitely recover. Price fluctuation can bring so much mixed emotions, it's like a roller coaster ride but when we all stay calm and be patient while staying productive then it can give a satisfying and rewarding outcome.

Bonsaiav

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he first thing that the bitcoin holder needs to do is not be panic, panic will make them panic sell. They need to stay calm when the market is down.

Panic selling is a situation where investors sell massive bitcoin in a short span of time. Usually this action is triggered by feelings of panic or investors' excessive fear of certain things, such as media coverage or FUD. This's far different from selling action which is motivated by fundamental or technical considerations such as those often experienced by traders, because of this panic selling usually driven by mere emotional factors.

If we look more closely, actually this panic selling action is not only caused by the emergence of issues, rumors, social/political turmoil, or other external factors. But it is caused by unstable and uncontrollable investor/trader psychological conditions.

So, when markets experience price fluctuations, we should think more objectively with the help of facts and data. By thinking more objectively, we can easily protect crypto assets especially when there's a panic selling action in the crypto market.

MeongElek

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Quote from: Shimmiry on October 27, 2018, 06:52:21 PM

Quote from: ngm22585 on October 24, 2018, 06:44:14 AM

There are people who invested more than they should, and get nervous at the volatility.

Probably those are newbies who did not foresee the possibility such as going down too much. Therefore we can say that engaging in crypto currency you must be ready to see how volatile everything is. And also you need to have patience in waiting and trust along with this.

Before becoming a Bitcoin holder or investor, we must know the characteristics of cryptocurrencies that cannot be stable (fluctuating). So that we feel ready in the face of a sharp decline in prices. We know, the bitcoin holder who is panic will make us lose Bitcoin assets.

rodel caling

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Because people should learn well for past quick downfall they receive a lot of loses because of panic, panic isn't good investment in crypto, i advise those people specially to the newbies do not make decision quick without study and research to avoid loses.

Shimmiry

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Quote from: ngm22585 on October 24, 2018, 06:44:14 AM

There are people who invested more than they should, and get nervous at the volatility.

Probably those are newbies who did not foresee the possibility such as going down too much. Therefore we can say that engaging in crypto currency you must be ready to see how volatile everything is. And also you need to have patience in waiting and trust along with this.

goolesby

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Gistcoin

I have my own perception about the true bitcoin holders. I think a true bitcoin holder is someone who keeps their bitcoin for a long term. I don't think people who buy bitcoin today and sell it tomorrow as a true holder. They only deliver the bitcoin from a person to another one.

abhi777

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Quote from: adzino on October 27, 2018, 08:13:23 AM

Quote from: pat4cryptoreal on October 27, 2018, 05:39:00 AM

Investment usually involves expectation of profit. If bitcoin is not having the potentials of yielding interest within a speculated timing there is nobody that will invest in bitcoin so every holders have some profit in mind to make.

And this is the mentality or way of thing thinking that we should be changing for the betterment of the development of crypto currencies. Most of the people (including me, i won't lie) are just here for the profits, not for the technology and the power of the crypto currencies. They are investing on crypto currencies with a hope of making quick profit and sell it back for fiat currency. But was bitcoin actually made for making profit and using it as a storage value? or was it made so that people can get financial freedom and stop the using fiat currency?

I agree with you, all the bitcoin holders meanwhile must always be patient and do not rush to take a bad step before you will feel disappointed. staying patient is the key to all. wait until the time has arrived and it's right to buy or sell bitcoin.

noorammak

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Calming when the market is not stable is a necessity but not everyone can do it, Bitcoin shows them the opportunity to make money but can also make them lose everything. Many investors are failing because of their wrong decision. They feel fear and sell everything they have, this is the common psychology of new investors. Be calm and watch the market if you do not want to be a loser.

beatzcoin123

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Quote from: ngm22585 on October 24, 2018, 06:44:14 AM

There are people who invested more than they should, and get nervous at the volatility.

i don't think that the term ''more then they should'' is proper, there is no said amount that's too much to invest in bitcoin, we should understand that bitcoin is not just a currency but also a store of value. Investing as much as possible in bitcoin isn't a wrong move, but one need to trust in the coin you hodl through tough and hard times.

ajaymukund

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Quote from: jems on October 24, 2018, 06:33:41 AM

I have seen so many people claiming to be HOLDERS, just because they hold their bitcoins as long as the market falls like a few months, they call it that even though their true nature still feels uneasy when negative news arrives and the market does not show positive movement according to what they expected and led to panic. I think true HOLDERS are those who really hold their Bitcoin up to the time limit they specify or how much the coin they hold will grow regardless of outside influences.

Yes, and that is the main reason why many investors fail. When investing, they do not make certain plans. they do not know they should cut losses and interrupted at any rate at any rate. that is the biggest mistake. Investing needs a certain bond and we need to follow the principle. If not, greed will lead us to failure!

wahyu5

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Those who have understood about bitcoin investment, will certainly remain calm in the face of a sharp decline in bitcoin prices in 2018. Don't get carried away by emotions and be affected by negative news that will make us suffer losses, still believe that bitcoin is a long-term investment that will provide we profit, so we will never be afraid of facing price reductions and still be patient waiting for rising bitcoin prices.

hahay

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Quote from: ice18 on October 27, 2018, 08:45:33 AM

Holders are the one who is only holding not selling they continue to accumulate more bitcoins in bear market and holding for a long time without any selling just keeping into their own storage traders are not holders of bitcoin they are the players who make profits once the market moves.

Yes, bitcoin holders are only those who continue to collect more in any way, whether it's buying, mining etc. They tend not to care about the issues that are circulating and will definitely remain calm because he already has high confidence about the future that at least he will get very good profits when the market is pumped again.

carlisle1

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Quote from: jems on October 24, 2018, 06:33:41 AM

I have seen so many people claiming to be HOLDERS, just because they hold their bitcoins as long as the market falls like a few months, they call it that even though their true nature still feels uneasy when negative news arrives and the market does not show positive movement according to what they expected and led to panic. I think true HOLDERS are those who really hold their Bitcoin up to the time limit they specify or how much the coin they hold will grow regardless of outside influences.

I have been holding for quite sometime and what i wanna say is that normal feeling to become uneasy when the value of our coins dipping badly,and i am sure many of us feels the same way and only hypocrites may say they don’t

But if we have mindset of capacity to hold longer,couple of years or more until we get what we wanted to reach

ice18

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Holders are the one who is only holding not selling they continue to accumulate more bitcoins in bear market and holding for a long time without any selling just keeping into their own storage traders are not holders of bitcoin they are the players who make profits once the market moves.

gurupauts

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Becoming a bitcoin holder might make us stressful and bored because of the worsening market conditions, but we must know that it is a risk in crypto so we must remain calm in facing everything and hope things will soon get better

toast

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Quote from: ngm22585 on October 24, 2018, 06:44:14 AM

There are people who invested more than they should, and get nervous at the volatility.

certainly now with the conditions and conditions that are now like fear and panic but if the investors before starting to invest in crypto currencies understand and understand all the risks that are obtained in investing I feel that fear will be slightly reduced because we have confidence and patience in investing

osmo

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I think at this time it is indeed necessary for the holders of cyrptocurrency, especially bitcoin, to be calm, because the current market conditions of cyrptocurrency does not show a positive trend, and there is a lot of negative news so that market conditions do not improve, my hopes for this situation will end soon, patience will bring good luck, hopefully God bless us all

Mainman08

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There are still so many bitcoin holders that panic easily. They always tend to sell bitcoin when they see a big drop. And some of this holders easily believe on the news and predictions that come out. Holding is the best strategy to use even in this down market.

cryptosmoker

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Quote from: ELOCIN on October 26, 2018, 07:17:37 AM

Since i used to invest in bitcoin and alternative coins, i am quite sure of the things that i am doing and i also already know how risky it is. Since i already know the basic, panicking is not already in my vocubulary because bitcoin always comes back when it crashes.

I like your statement. Yeah, that's true. When we decided to invest here, we have to know how risky it is. But panicking is not an easy thing to be controlled, it will take time. The most important thing is hard work to reach our goal.

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