BTC Drowning - Send Lifeguard!!! | Bitcointalksearch.org

olumyd

full member

Activity: 658

Merit: 117

Quote from: Lasvista on February 04, 2018, 01:24:58 AM

Quote from: olumyd on February 02, 2018, 02:40:39 AM

Don't want my stash of BTC deteriorating. Can anyone help with these questions? Sad

1. What can the support community do to maintain a steady state in the price of BTC?
2. What can we expect in the coming Q2 of 2018 for BTC - should we hodl, sell or buy BTC?
3. Is it advisable to hedge to USDT? Any known consequences???

To be honest that is true bitcoin is drowning and needed a lifeguard but on the other hand , bitcoin can never or never been a stable crypto currency , and as far as I know bitcoin value will pump back . And I should say just hold it and buy some bitcoin though cause for sure it will explode again!

Don't you think it would be a little hard for late adopters to understand buying bitcoin on a dip, especially when they bought at high prices? It really takes a lot of convincing to buy at let's say $15k USD and then buy again at $6k USD when you are not sure how the market will eventually turn out.

But we can see that BTC has started gaining weight again so we should start smiling soon. That is if some FUD doesn't ruin the party.

Lasvista

full member

Activity: 396

Merit: 104

Quote from: olumyd on February 02, 2018, 02:40:39 AM

Don't want my stash of BTC deteriorating. Can anyone help with these questions? Sad

1. What can the support community do to maintain a steady state in the price of BTC?
2. What can we expect in the coming Q2 of 2018 for BTC - should we hodl, sell or buy BTC?
3. Is it advisable to hedge to USDT? Any known consequences???

To be honest that is true bitcoin is drowning and needed a lifeguard but on the other hand , bitcoin can never or never been a stable crypto currency , and as far as I know bitcoin value will pump back . And I should say just hold it and buy some bitcoin though cause for sure it will explode again!

leowonderful

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Activity: 1624

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Bitcoin FTW!

Quote from: olumyd on February 03, 2018, 09:06:03 PM

I think media really has so much influence on the market functions of cryptocurrency trading. I was thinking of simply keeping my BTC as a store of value, and not necessarily using it to build up a financial portfolio - you could say am the 'value stock' kind of guy. However, with the current trends in the ecosystem, it's really hard to decide what to do; the fear of selling and regretting it later is more damaging than the thought of selling at a loss.

The thing is we've recently accumulated many new buyers recently, most of which have weak hands are easily influenced by the media. The media cranks out much more negative news and FUD than anything positive during these times, and newbies who bought above 15k that see this will become tempted to sell. As long as crypto exists this'll be an issue.

olumyd

full member

Activity: 658

Merit: 117

I think media really has so much influence on the market functions of cryptocurrency trading. I was thinking of simply keeping my BTC as a store of value, and not necessarily using it to build up a financial portfolio - you could say am the 'value stock' kind of guy. However, with the current trends in the ecosystem, it's really hard to decide what to do; the fear of selling and regretting it later is more damaging than the thought of selling at a loss.

player514

legendary

Activity: 1414

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Quote from: olumyd on February 02, 2018, 02:40:39 AM

Don't want my stash of BTC deteriorating. Can anyone help with these questions? Sad

1. What can the support community do to maintain a steady state in the price of BTC?
2. What can we expect in the coming Q2 of 2018 for BTC - should we hodl, sell or buy BTC?
3. Is it advisable to hedge to USDT? Any known consequences???

People will be coming to their senses soon. The realization is that when cryptos are low, people can take advantage of the volatility and buy when they see the lows lose momentum. We've rebounded a good amount in the last 24-36 hours.

1) The community needs to decide if they actually support Bitcoin. If they do, they'll research more, get to understand what powers these crypto currencies, spread the word about them, and invest. If this happens, the markets will end up going back up.

2) I'd say hold until you see Bitcoin bust a good amount, sell if you think the coins going to drop even more, and pick it up at the low points. You'll get more BTC and buy at a good time. Rebounds will pick you back up.

3) Tether is an interesting project, but there's been an odd stigma around it. I'm not too sure about it, so I can't say much on the topic.

grimesrhymes

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📶Decentralized free Wi-Fi📶

Quote from: olumyd on February 02, 2018, 02:40:39 AM

Don't want my stash of BTC deteriorating. Can anyone help with these questions? Sad

1. What can the support community do to maintain a steady state in the price of BTC?
2. What can we expect in the coming Q2 of 2018 for BTC - should we hodl, sell or buy BTC?
3. Is it advisable to hedge to USDT? Any known consequences???

1. Hold, buy more and be positive, spread the word and fight the FUD.
2. I see a recovery coming up soon and a bright Q2 and onwards for BTC, I would advise you to hold your coins, if you're looking to buy more I would buy them now instead of when the price has increased.
3. I wouldn't, price is low and I don't see it falling much further, the upside is much greater than the downside. The only risk with USDT is that something could happen that would mean it's not honoured 1:1 with USD (such as the suspicions it's being printed without reserves being confirmed). But the main risk is that you're going to miss out on BTC's recovery.

InvoKing

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✋(▀Ĺ̯ ▀-͠ )

Quote from: olumyd on February 02, 2018, 02:40:39 AM

Don't want my stash of BTC deteriorating. Can anyone help with these questions? Sad

1. What can the support community do to maintain a steady state in the price of BTC?

Solution 1 : By not comparing BTC to fiat
Solution 2 : by comparing BTC to gold (for example 1 BTC = 1 kg gold)
Solution 3 : 1 BTC = 1 BTC, problem solved.

Quote from: olumyd on February 02, 2018, 02:40:39 AM

2. What can we expect in the coming Q2 of 2018 for BTC - should we hodl, sell or buy BTC?
3. Is it advisable to hedge to USDT? Any known consequences???

2- HODL or sell and cry later
3- get scammed like the USD/GOLD scam.

olumyd

full member

Activity: 658

Merit: 117

Well at least we have some good news coming up, following mining colonies in NY, we could expect more development.

tokeweed

legendary

Activity: 3976

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Life, Love and Laughter...

^ But hey, you gotta admit those life guards really look good in their shorts and swimsuits. I wish I was one right now instead of this guy losing a bunch of money in crypto. Lololol.

And the music in that vid. The music! Makes you forget all your losses doesn't it? Makes you dance despite the losses too. Grin

olumyd

full member

Activity: 658

Merit: 117

Lol... I was always told I was meant for great things... Grin

and then I met BTC... and some FUD Voodoo Prank won't let me be Angry

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

We can't do anything... The market needs to do what it needs to do. All you can do is have a game plan and follow it. But I can call a life guard tho if you want. But I doubt he'll be able to do anything. Lol. Cheesy

Your Life Guard
https://www.youtube.com/watch?v=PldT2jq7ApM

Look at them go! Rofl.

olumyd

full member

Activity: 658

Merit: 117

Don't want my stash of BTC deteriorating. Can anyone help with these questions? Sad

1. What can the support community do to maintain a steady state in the price of BTC?
2. What can we expect in the coming Q2 of 2018 for BTC - should we hodl, sell or buy BTC?
3. Is it advisable to hedge to USDT? Any known consequences???

Topic: BTC Drowning - Send Lifeguard!!! (Read 196 times)