Topic: Bitcoin's price, and mental health. - page 5. (Read 3587 times)
Patience plays a very important role in the crypto market. The investment is made in the long term, during which time decreases of price, less pleasant can happen. It's easy to talk about in theory, but the truth is, you can't be quiet when you lose some money. But panic and depression will not help you, but on the contrary it is important to keep your calm and wait for the prices to increase to recover your money.
The last thing I will ever do is take my life because of a difficult situation that I'm going through. Nah, I don't stress myself like that. Whatever that is meant to be will always be, it's up to you the way you stand up to it. You shouldn't let situations you go through make you feel depressed or whatsoever, you should learn to control your feelings and learn to have joy at all times.
Even if I should lose money here, I still wouldn't be bothered. And that reminds me, this is one of the reasons why we should all plan things ahead of times. Imagine those that invested more than they can afford to risk at this time, they will be the ones regretting more. No one ever expected this Coronavirus to come out of nowhere and wreck things like this.
Even if I should lose money here, I still wouldn't be bothered. And that reminds me, this is one of the reasons why we should all plan things ahead of times. Imagine those that invested more than they can afford to risk at this time, they will be the ones regretting more. No one ever expected this Coronavirus to come out of nowhere and wreck things like this.
Money is for life, life is not only for money. It is universal true that no business goes in the way of a strait line. There will be ups and downs. Todays down may be ups tomorrow. So suicide decision is just a stupid idea. Life is far important than money.
When looking bitcoin lower price our mentality really shock and look frustrated, but when bitcoin on the top price we are very happy. Its reality and way process in bitcoin and altcoin price, some one without good mentality never allow for investing or trading with bitcoin and altcoin. Keep use other way to get much money.
if you enter the world of trader or investment just make sure you have a strong mind and open minded to avoid being suicidal mindset. suicide is not the sulotion when if you see is your investment is going dump. otherwise grab the opportunity to add your fund. dont give up continue your step to reach your goal..
The fall in prices can indeed create emotional burdens for fear of losing, and even though it is difficult, we must be able to think positively that the market will be able to recover.
Only one thing leads to frustration - expectations. When they do not correspond to what is happening in reality, we are usually upset.
Therefore, it is important not to have expectations that may not come true. It is better not to have any expectations at all, then you can always be surprised and rejoice at what is happening.
No! Why they will be frustrated if they followed their plan very well. I do not hold and I do short term trade. I will not be frustrated even if the price of the bitcoin double in the near future because I follow my plan very well. For me it has more advantages than to do holding. We have different point of view after all because we have different goals and plan.
What we should be focus is our trading psychology, we need discipline especially if we want to earn money in the market. The discipline that I talking about is following our plans very well. For example, if we want to do short term trade then we should do it with the right criteria and we should follow our plan. The mentality of the traders are sometimes become the reason why they lose in the market.
Very few people can follow their plans because when they are already in the trading market, they tend to deviate from their original plans because they thought they will earn more by doing so. There is nothing wrong about it, but one should be ready for what will be the consequences of his decisions. Because if it doesn't go from your expectations, you will be disappointed and depressed of the results. So don't put too much expectations and just be conservative about it, so you will not be so disheartened if things go sideways.
The fall in prices can indeed create emotional burdens for fear of losing, and even though it is difficult, we must be able to think positively that the market will be able to recover.
Only one thing leads to frustration - expectations. When they do not correspond to what is happening in reality, we are usually upset.
Therefore, it is important not to have expectations that may not come true. It is better not to have any expectations at all, then you can always be surprised and rejoice at what is happening.
No! Why they will be frustrated if they followed their plan very well. I do not hold and I do short term trade. I will not be frustrated even if the price of the bitcoin double in the near future because I follow my plan very well. For me it has more advantages than to do holding. We have different point of view after all because we have different goals and plan.
What we should be focus is our trading psychology, we need discipline especially if we want to earn money in the market. The discipline that I talking about is following our plans very well. For example, if we want to do short term trade then we should do it with the right criteria and we should follow our plan. The mentality of the traders are sometimes become the reason why they lose in the market.
The fall in prices can indeed create emotional burdens for fear of losing, and even though it is difficult, we must be able to think positively that the market will be able to recover.
Only one thing leads to frustration - expectations. When they do not correspond to what is happening in reality, we are usually upset.
Therefore, it is important not to have expectations that may not come true. It is better not to have any expectations at all, then you can always be surprised and rejoice at what is happening.
The fall in prices can indeed create emotional burdens for fear of losing, and even though it is difficult, we must be able to think positively that the market will be able to recover.
Only one thing leads to frustration - expectations. When they do not correspond to what is happening in reality, we are usually upset.
Therefore, it is important not to have expectations that may not come true. It is better not to have any expectations at all, then you can always be surprised and rejoice at what is happening.
Almost all people are surprize the unexpected impact of covid-19 and the government fronliner forces has creating some medical check up to all bounderies to avoid infected person to enter inside the respective area is to control the propagation of the pandemic virus, at this season we are all the victims there is no exempted in fact we are still worried about the price of Bitcoin but totally this not the end of the world we need to stay waiting for the increase because it's all about a trials on how we stable.
Longterm holders should not worry about the price that much. I think im a longterm holder, but I cant resist from checking the prices every now and then. My estimate is that in a day I check the Bitcoin prices at least 40-70 times. And with everyone working from home now, staying away from this habit has become even more difficult.
Yea, Suicide is not the last step in life i think. LIfe if like a war and we are in battle field. So there must be ups and downs every time but if we go to suicide that means we Defeated in war. In crypto life also like battle field and we have to fight with our brain always. We have to invest with claver so that we may win.
good day.
good day.
It's that time again, where bitcoin(and pretty much almost every other non-stablecoin cryptocurrencies) does a huge nosedive. This is just a reminder that whatever amount you've "lost" with the market crash, in the end, it's just money. Money can be made back in the future through multiple various ways, whereas you have only one life to live. It's not the end.
Whether you're invested in bitcoin, whatever altcoin, or even the stock markets, if you've been having suicidal thoughts, please think twice and try talking to a professional.
For the suicide hotline for the country you're in, please refer to this list: https://en.wikipedia.org/wiki/List_of_suicide_crisis_lines
Times like today are so reminiscent of the last market crash whereas suicide-related posts and suicide hotlines are popping out on multiple crypto-related subreddits. But yea, this might be cheesy as hell, and while a lot of people here have been here since like forever(hence are probably immune to the effects of these crashes at this point), but if this saves one person it's well worth it.
Happy trading and investing!
Whether you're invested in bitcoin, whatever altcoin, or even the stock markets, if you've been having suicidal thoughts, please think twice and try talking to a professional.
For the suicide hotline for the country you're in, please refer to this list: https://en.wikipedia.org/wiki/List_of_suicide_crisis_lines
Times like today are so reminiscent of the last market crash whereas suicide-related posts and suicide hotlines are popping out on multiple crypto-related subreddits. But yea, this might be cheesy as hell, and while a lot of people here have been here since like forever(hence are probably immune to the effects of these crashes at this point), but if this saves one person it's well worth it.
Happy trading and investing!
This is a pleasing and contenting write up. It is the truth. That we lost in long term trade today does not mean the market is nothing to rise again. We should be hopeful and full of positive thoughts now. Like me, I still believe in bitcoin halving. I still believe that this year bitcoin will still be over $10,000 again. Because investors will invest because of some certain reasons. All in my post in the link below.
https://bitcointalksearch.org/topic/m.54008321
I wrote this above thread some days ago, to let people still know that bitcoin and strong altcoins will still rise this year and next year. Do not let us underestimate the anticipatory bitcoin halving effect of whales manipulations and retail investors capital crypto investments.
People are linking the recent fall to corona virus which I believe can directly and indirectly be the cause of the recent drop. But, as bitcoin droppd 6% in January after the spread in China, bitcoin later increase to above $10,500.
So, I do not think corona virus is the only cause of crypto fall and I belive the recent fall can be a preparation to the next bull run in which whales are manipulating and price drop for other investors to sell bitcoin.
The fall in prices can indeed create emotional burdens for fear of losing, and even though it is difficult, we must be able to think positively that the market will be able to recover.
It's that time again, where bitcoin(and pretty much almost every other non-stablecoin cryptocurrencies) does a huge nosedive. This is just a reminder that whatever amount you've "lost" with the market crash, in the end, it's just money. Money can be made back in the future through multiple various ways, whereas you have only one life to live. It's not the end.
Whether you're invested in bitcoin, whatever altcoin, or even the stock markets, if you've been having suicidal thoughts, please think twice and try talking to a professional.
For the suicide hotline for the country you're in, please refer to this list: https://en.wikipedia.org/wiki/List_of_suicide_crisis_lines
Times like today are so reminiscent of the last market crash whereas suicide-related posts and suicide hotlines are popping out on multiple crypto-related subreddits. But yea, this might be cheesy as hell, and while a lot of people here have been here since like forever(hence are probably immune to the effects of these crashes at this point), but if this saves one person it's well worth it.
Happy trading and investing!
Whether you're invested in bitcoin, whatever altcoin, or even the stock markets, if you've been having suicidal thoughts, please think twice and try talking to a professional.
For the suicide hotline for the country you're in, please refer to this list: https://en.wikipedia.org/wiki/List_of_suicide_crisis_lines
Times like today are so reminiscent of the last market crash whereas suicide-related posts and suicide hotlines are popping out on multiple crypto-related subreddits. But yea, this might be cheesy as hell, and while a lot of people here have been here since like forever(hence are probably immune to the effects of these crashes at this point), but if this saves one person it's well worth it.
Happy trading and investing!
your information is useful!
But if you started talking about suicides, maybe it's time to think about the content on the forum: post positive news more often, make messages with financial statistics more neutral. The author does not have to decide with what mood the reader will read the message. These are just numbers. And now it’s such a time that there is no person who this situation would not touch in any way.
I wish you all strength, patience, and health.
It's that time again, where bitcoin(and pretty much almost every other non-stablecoin cryptocurrencies) does a huge nosedive. This is just a reminder that whatever amount you've "lost" with the market crash, in the end, it's just money. Money can be made back in the future through multiple various ways, whereas you have only one life to live. It's not the end.
Whether you're invested in bitcoin, whatever altcoin, or even the stock markets, if you've been having suicidal thoughts, please think twice and try talking to a professional.
For the suicide hotline for the country you're in, please refer to this list: https://en.wikipedia.org/wiki/List_of_suicide_crisis_lines
Times like today are so reminiscent of the last market crash whereas suicide-related posts and suicide hotlines are popping out on multiple crypto-related subreddits. But yea, this might be cheesy as hell, and while a lot of people here have been here since like forever(hence are probably immune to the effects of these crashes at this point), but if this saves one person it's well worth it.
Happy trading and investing!
Well said, if you are going to invest, you should know the risk of doing that, investing is not a sure win situation, you will not assure yourselves that it is 100% profitable because there is still a chance to lose your money especially when you invest last 2 months and then thins bitcoin dumped happens. Even though bitcoin dumping happens do not lose hope the you will lose your money, just still keep it, do not pull it out, just wait for the price of bitcoin to rise again so you will still make money. Whether you're invested in bitcoin, whatever altcoin, or even the stock markets, if you've been having suicidal thoughts, please think twice and try talking to a professional.
For the suicide hotline for the country you're in, please refer to this list: https://en.wikipedia.org/wiki/List_of_suicide_crisis_lines
Times like today are so reminiscent of the last market crash whereas suicide-related posts and suicide hotlines are popping out on multiple crypto-related subreddits. But yea, this might be cheesy as hell, and while a lot of people here have been here since like forever(hence are probably immune to the effects of these crashes at this point), but if this saves one person it's well worth it.
Happy trading and investing!
Do not jave suicidal thoughts, that is not the good option to do, it is just a money do not kill yourself just because you lose your money. Money is only money, you can still work for it, if you kill yourself, you can not make money anymore.
why do investors should sell BTC before halving if they have it already for some time
Well coins are up to 7200 as I type.
I am sure some will sell today. Some simply are short cash and this is all they have to convert to cash.
Others may have purchased anytime before Novemeber 7th 2017 It had yet to ever reach 7000 until later in nov of 2017.
So any btc aquired from 2009 to Nov 7th 2017 would sell at a profit.
Now some purchased at the march 2020 dip to 3900 so selling now is close to 2x your money.
I realize that from nov 7 2017 to april 2020 we were over 7200 often. we were also under 7200
So those selling in that position say 8500 average price for their coins and sell for 7200 they are willing to take the loss.
Maybe hardfacts has swayed them.
The troll is finally showing his true colors. OK, I will humor you. What is the REAL COIN that we should be holding?
I think they're saying coin to throw you off the scent. HardFacts is a goldbug and devout disciple of the Church of Schiff. I'd imagine "coins made of gold" would be the only definition of "real coin" they would be prepared to accept.
Or THE silver bug throwing of another scent. Hahaha.
I believe he was a regular poster in WO before.
BUT, it's NOT. Do you believe that all the helicopter money will do the economy good in 10 years? Everyone SHOULD be saving part of their salary in Bitcoin starting NOW.
What is the REAL COIN that we should be holding?
Wind_FURY,
Slow down and read what I am saying... I agree with you that the helicopter money is very bad, but it is even worse than you think
It will not take 10 years, it will be MUCH MUCH sooner to see the inflationary effects of this. Try a matter of MONTHS to start to see significant noticeable inflation, and hyperinflation within about 1 - 2 years depending on the amount of printing they do. These are VERY ROUGH guesses, since they depend a lot on Federal Reserve actions, but what I do know is that it will NOT, NOT, NOT be anywhere near 10 years. Then there's no time! FOMO-buy Bitcoin, and HODL.
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Given your statement, I just do not understand why you are incredibly overly optimistic about the US Dollar
Overly optimistic? Or do you only want to believe what you want say?
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You still do not understand REAL Coins ?? Really ?? Do you think I am talking about quarters and dimes in a piggy bank ?? I am talking about the one in the picture you did not see above, so I will post it again. You can even get one with BitCoin on it since you like BitCoin so much
Bitcoin Gold!
...
The LIE of BitCoin as " Digital Gold " or a " Safe Haven " has been exposed. No rational person is buying that false narrative anymore. A 50 % crash in price due to the economic crisis told every rational investor that BitCoin was nothing more than gambling at the Casino
Central Banks, Countries, and Large Institutional Investors are getting as much Gold as they can, NONE, NONE, NONE of them are buying BitCoin.
WISE UP, That pipe dream is OVER.
Hard Facts
You sir are the lie against bitcoin.
BTC is a method to turn electrical power into coins. It can be used as a safe haven in some cases not all.
Essentially no asset is safe from the sun doing a super nova. So all assets are only some what of a safe haven.
Is BTC a safe haven against a world wide disaster that kills off 7 of the 8 billion humans on earth no.
BTW gold would be a big fail in that case.
The degree of a safe haven for wealth is complex.
Reality is only space travel and multiple locations in the universe will get us to have really good safe havens.
Toss in a variation of altered carbon on netflix with multiple clones of ones self placed on multiple planets in multiple solar systems and save have becomes close to being acheived.
BTC is a safe haven in a local war or disaster.
It is better then gold as you do not have to carry pounds of gold in your pocket when you are running.
As to a 50% collapse in price. Lets look at that 3900 the low for march and 6800 the price today.
That is a large uptick for a BTC purchase.
A miner gets the added benefit of a 15% difficulty adjustment in his favor.
So he get 1.15 coins mined vs 1.
which means 6800 x 1.15 = 7820 from 3900 back in march.
This makes for a nice gain for a miner. Even better then one that purchased a coin.
It is quite clear to me you will continue to be soft with those limp half truths you choose to tell here.
Whole world is in a crisis scenario so nothing to worry if you lost money because you are not alone.
HORRIBLE ADVICE
Smart investors can MAKE a lot of money from a crisis, and many are !!! Are you really going to feel better if you are broke, and can not buy anything or pay your bills, and losing your house just because a lot of other dumb people made bad choices along with you
Hard Facts
Best practice is to set different money for your investment and your savings, in case you need money for emergency you have something to use and
not the money from your investment asset.
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