Bitcoin's price, and mental health. - page 6.

Swordsoffreedom

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Leading Crypto Sports Betting & Casino Platform

Quote from: moonblocks on April 02, 2020, 02:59:52 PM

Quote from: mk4 on March 13, 2020, 08:36:19 AM

~snip~
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!

In one simple phrase... "don't panic!"
Even if the market flashes red indicators all over if you aren't in a losing position by a reasonable percentage (in crypto that's up to 40-50% even for a well balanced portfolio) then don't panic sell just perhaps hedge the alts until Bitcoin recovers and when it does it should make a swift recovery
Like come on this sub $6,000 price dip is embarrassing so hopefully it stays above that in the next few weeks and leads into a halving led recovery

The whole world is going through a bad time this impact on stock market too so market is crushed. Many people are lost their seed-money but suicide is not a solution. The previous crypto market history gives us an idea of this that the price of Bitcoin is dropped today but we hope it will rise again. Wait and keep your trust on Bitcoin. Everything will be fine.

semobo

full member

Activity: 1498

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Quote from: HardFacts on April 03, 2020, 02:38:55 PM

Quote from: semobo on April 03, 2020, 02:18:14 PM

Whole world is in a crisis scenario so nothing to worry if you lost money because you are not alone.

HORRIBLE ADVICE Angry

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 Huh

Hard Facts

Learn the difference between savings and investment capitals.You should have minimum amount of savings before going for risk investments like cryptos so if you are going to rely on the returns from your investments for surviving your months then you should be the dumb! Cheesy

HardFacts

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Activity: 434

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Quote from: semobo on April 03, 2020, 02:18:14 PM

Whole world is in a crisis scenario so nothing to worry if you lost money because you are not alone.

HORRIBLE ADVICE Angry

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 Huh

Hard Facts

semobo

full member

Activity: 1498

Merit: 146

Stop looking at the bitcoin's price every minute, from this we can avoid most of the mental stress which created by the volatility of prices.Investors have no reasons to check prices in that way still we are doing it.Whole world is in a crisis scenario so nothing to worry if you lost money because you are not alone.

HardFacts

member

Activity: 434

Merit: 29

Quote from: Wind_FURY on April 03, 2020, 01:03:56 AM

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 Shocked

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. Given your statement, I just do not understand why you are incredibly overly optimistic about the US Dollar Wink

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 Cheesy

Hard Facts

DooMAD

legendary

Activity: 3948

Merit: 3191

Leave no FUD unchallenged

Quote from: Wind_FURY on April 03, 2020, 01:03:56 AM

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.

moonblocks

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Activity: 714

Merit: 100

3... 2... 1... Launch!

Quote from: HardFacts on April 02, 2020, 04:58:51 PM

Quote from: moonblocks on April 02, 2020, 02:59:52 PM

(in crypto that's up to 40-50% even for a well balanced portfolio)

CORRECTION TO PREVIOUS PORTFOLIO RECOMMENDATION:

(in crypto that's 0 % even for a well balanced portfolio)

I was trying to be optimistic but you're probably more accurate with that guesstimate

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: HardFacts on April 02, 2020, 10:00:58 AM

Quote from: Wind_FURY on April 02, 2020, 03:15:35 AM

OK, but you, you want everyone to work very hard for $30,000 every year, save in a bank, only for the government to print trillions of dollars, devaluing everyone's savings.

I do have to admire you PASSION !!! I hope you are here for a very long time, one day you can put that passion to something good Grin

You are correct about your statement above, I totally agree it is so very wrong, but that is a whole different issue than BitCoin.

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.

Quote

That is also why you should own REAL COINS to protect yourself against that. I get why you are doing the whole BitCoin thing, and are absolutely right in your idea, you just invested in the wrong asset.

The troll is finally showing his true colors. OK, I will humor you. What is the REAL COIN that we should be holding?

HardFacts

member

Activity: 434

Merit: 29

Quote from: moonblocks on April 02, 2020, 02:59:52 PM

(in crypto that's up to 40-50% even for a well balanced portfolio)

CORRECTION TO PREVIOUS PORTFOLIO RECOMMENDATION:

(in crypto that's 0 % even for a well balanced portfolio)

moonblocks

full member

Activity: 714

Merit: 100

3... 2... 1... Launch!

Quote from: mk4 on March 13, 2020, 08:36:19 AM

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!

In one simple phrase... "don't panic!"

Even if the market flashes red indicators all over if you aren't in a losing position by a reasonable percentage (in crypto that's up to 40-50% even for a well balanced portfolio) then don't panic sell just perhaps hedge the alts until Bitcoin recovers and when it does it should make a swift recovery

Like come on this sub $6,000 price dip is embarrassing so hopefully it stays above that in the next few weeks and leads into a halving led recovery

HardFacts

member

Activity: 434

Merit: 29

Quote from: DooMAD on April 02, 2020, 12:11:33 PM

"Buy those government coins, they're doing it wrong and are ruining the economy"? You see how that doesn't follow logically, right?

I think we'll let history be the judge of that. It seems to be more qualified than you. Roll Eyes

I NEVER, NEVER, NEVER said to be invested in US Dollars, you are not reading what I have been posting... As a matter of fact, this is the one thing most of us agree on Cheesy

Yes history will be the judge here, and either I, or you guys will really wish we had been smarter Grin

REAL COINS, like this !! And you can even get one with BitCoin printed on it if you just love the idea of BitCoin but do not want to lose all your money.

Hard Facts

Gotumoot

sr. member

Activity: 1372

Merit: 261

Many investors are now having problems with falling bitcoin prices especially those who are investing heavily in it and investors who are in debt because they expect the Bitcoin bull run is about to start. All I can say right now is to be positive, to take advantage of the downfall of bitcoin to buy more as it is likely to rise in price again in the coming years, especially when the global pandemic ends.

DooMAD

legendary

Activity: 3948

Merit: 3191

Leave no FUD unchallenged

Quote from: HardFacts on March 31, 2020, 10:40:26 AM

The Economic crisis will last for MANY YEARS The Great Depression lasted 13 years. The government is doing exactly the WRONG things, which will make this economic crisis last even longer.

If that's your argument against investing in Bitcoin, I'd love to hear what you think the arguments "for" are. You could be the greatest advocate we've ever seen. Grin

"Buy those government coins, they're doing it wrong and are ruining the economy"? You see how that doesn't follow logically, right?

Quote from: HardFacts on April 02, 2020, 10:00:58 AM

you just invested in the wrong asset.

I think we'll let history be the judge of that. It seems to be more qualified than you. Roll Eyes

HardFacts

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Activity: 434

Merit: 29

Quote from: Wind_FURY on April 02, 2020, 03:15:35 AM

OK, but you, you want everyone to work very hard for $30,000 every year, save in a bank, only for the government to print trillions of dollars, devaluing everyone's savings.

I do have to admire you PASSION !!! I hope you are here for a very long time, one day you can put that passion to something good Grin

You are correct about your statement above, I totally agree it is so very wrong, but that is a whole different issue than BitCoin. That is also why you should own REAL COINS to protect yourself against that. I get why you are doing the whole BitCoin thing, and are absolutely right in your idea, you just invested in the wrong asset.

Hard Facts

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: HardFacts on April 01, 2020, 06:23:22 PM

Quote from: Wind_FURY on April 01, 2020, 03:24:23 AM

Never.

I hope you do stick around no matter what !!! It will be very interesting to see what you think when BitCion price is down in the 1000's Grin

I might even buy some bitcoins when they are around 1 dollar each, just because I do not mind gambling with my Lunch Money Cheesy

Hard Facts

OK, but you, you want everyone to work very hard for $30,000 every year, save in a bank, only for the government to print trillions of dollars, devaluing everyone's savings.

HardFacts

member

Activity: 434

Merit: 29

Quote from: Wind_FURY on April 01, 2020, 03:24:23 AM

Never.

I hope you do stick around no matter what !!! It will be very interesting to see what you think when BitCion price is down in the 1000's Grin

I might even buy some bitcoins when they are around 1 dollar each, just because I do not mind gambling with my Lunch Money Cheesy

Hard Facts

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: HardFacts on March 31, 2020, 10:40:26 AM

Quote from: Wind_FURY on March 31, 2020, 02:15:17 AM

Plus do you believe an economic crisis will be forever? Research what happens after an economic crisis. Cool

Weak hands, sell! We HODL!

The Economic crisis will last for MANY YEARS The Great Depression lasted 13 years. The government is doing exactly the WRONG things, which will make this economic crisis last even longer. So you want to HODL and hope for that long, good luck with that Grin

Not scared. Research each "economic crisis", and what came after those "crisis". New All Time Highs. Cool

I HODL because Bitcoin will DELETE the legacy banking system.

Quote

I wonder at which price you just disappear and stop posting, to ashamed to admit you were wrong, BitCoin 3000 ? BitCoin 1000 ?

Never.

You have said it, the government is doing the WRONG things. HODL. Zoom out, and look at the logarithmic chart. Cool

HardFacts

member

Activity: 434

Merit: 29

Quote from: Wind_FURY on March 31, 2020, 02:15:17 AM

Plus do you believe an economic crisis will be forever? Research what happens after an economic crisis. Cool

Weak hands, sell! We HODL!

The Economic crisis will last for MANY YEARS The Great Depression lasted 13 years. The government is doing exactly the WRONG things, which will make this economic crisis last even longer. So you want to HODL and hope for that long, good luck with that Grin

I wonder at which price you just disappear and stop posting, to ashamed to admit you were wrong, BitCoin 3000 ? BitCoin 1000 ?

Hard Facts

Arcas

hero member

Activity: 1036

Merit: 524

Your mentality is know when trade with bitcoin and altcoin during you get lower price after you finish buying bitcoin, when you try to sell price suddenly drop and take your mentality how to control your soul become frustrated with bitcoin suddenly down or you look keep stronger.

hahay

legendary

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Leading Crypto Sports Betting & Casino Platform

it's funny just because money or a crisis situation like this makes anyone have the intention to end his life due to economic hardships etc., however suicide is not the best way for you to go out of this problem, as explained earlier it's just a matter of money or anything and anyone certainly have the ability to overcome and improve things better with a process and indeed, this problem is only about time because most of those who do not have patience are those who do not have the good mentality to deal with all the problems that exist.

Topic: Bitcoin's price, and mental health. - page 6. (Read 3587 times)