Calm down. - page 3. | Bitcointalksearch.org

bitcoinisbest

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Quote from: TmottaDing on July 17, 2019, 09:08:06 PM

Everything is going to be alright.

We have seen downtrends a lot of times already, and those who have been in crypto for more than five years, already know that this is weird and there is nothing else to do with it.

So keep calm, and keep waiting until a good opportunity to make profit comes back again, that's it.

It is very normal and this keeps on happening when the market rises and you will see that falls will follow it. So all those who thought it will not rise just wait for some time. Market will recover soon and again market will rise back from this drop.

traderethereum

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Quote from: TmottaDing on July 17, 2019, 09:08:06 PM

Everything is going to be alright.

It is like we sing a song, but that is the truth here Grin

We still need to patient and needs to calm down to wait for the market to be back to the higher price.
I guess we are still in the correction moment right now because the price seems to wait for something and then will increase higher.
Maybe it will increase in the next week or the next month because we are in the middle of this month, so we need to calm down for more.

TmottaDing

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Everything is going to be alright.

We have seen downtrends a lot of times already, and those who have been in crypto for more than five years, already know that this is weird and there is nothing else to do with it.

So keep calm, and keep waiting until a good opportunity to make profit comes back again, that's it.

timerland

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Extremely well written and said. Kudos to you.

Quote

This historical behavior, to me, implies two things:
1) For cryptocurrency as it is today, even "stability" sees 20% fluctuations.
2) Months-long periods of this "stability" are normal; not everything is boom or bust.

So today, with prices going back and forth between (roughly) $11k and $13k, I can't help but think that folks who are taking every motion as an omen of a larger trend are wearing themselves out needlessly. This might just be the start of another stable period - a chance for the ecosystem to get comfortable with the idea that $12k is the "normal" price of a bitcoin.

Calm down. "It" doesn't have to happen today, or even this month. It'll happen when it happens.

This correction should really only spook out those who were trading on margin that were going long with tons of leverage, or weak hands who probably bought due to the fear of missing out at highs of around $13k. Long term investors should not be concerned whatsoever.

These periods of sustained dips, as you mentioned, are nothing out of the ordinary even in bull markets. Especially when you look at this type of market activity as consolidation (especially from a psychological standpoint, the notion that you mentioned as "people get comfortable with these prices") of gains that were made over past months, it's actually healthy.

Plus, looking at historical trends, it's very likely that prices will likely near its peak only after the halving which is still miles away. Relax, take this opportunity to bring your buy average down. I'm confident enough in bitcoin's fundamentals, especially after LN, that adoption will pick up over the long run.

Adriano2010

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No bitcoin not crash and people not should be scared of nay drop, and start panic sell, they should wait and see how if market recover or start drop more, but there is a lot of FUD and this affect some people.

STT

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What was this great FUD, anyone got a precise video on it. Hard to believe they would criticise Bitcoin especially because there is far larger more obvious, more likely alternatives to the printing of dollars for value. Bitcoin is just mostly within its niche is how I see it, we hope it expands but this sounds alot like an elephant afraid of a mouse.

Ok got the video of our esteemed Treasury Secretary, thanks to Brew above - https://www.youtube.com/watch?v=aDmhT9UZPIk

Slow death

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Quote from: Qoheleth on July 11, 2019, 10:27:21 AM

It feels like every six hours I see a fresh "news" article on my feed about how "the bubble is on" or "BTC has crashed" because of a 15-20% price motion.

The news has a great power to move crypto markets, there is no way people will deny it. for example currently because of the facebook currency being under great pressure by the American politicians the price of bitcoin is being affected and thisis because unfortunately people were buying bitcoin because they thought that with the currency of facebook being launched would create space to also promote bitcoin and consequently attracted many investors.

eaLiTy

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Quote from: Wind_FURY on July 15, 2019, 03:51:17 AM

Where we are going, we will not BE the bagholders. Feel lucky for the new dip, it shall be our last possible opportunity to buy below $10,000. Cool

The market was looking like it will cross $11k twelve hours back and now i am surprised to see that the market slipped below $10k as i did not see any major negative news and i would say it is best for investors who thought they have missed the boat to invest during this period rather than diving in when the market is soaring. When the market broke the $10k resistance a few weeks back i was not sure where it was heading, hopefully we will not go down below $8k.

BrewMaster

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Quote from: sana54210 on July 15, 2019, 03:59:07 AM

I think bitcoin had a website where people shared how many times bitcoin has died.

here is the link: https://99bitcoins.com/bitcoin-obituaries/
but it is not "people" sharing anything, it is all about articles that tried spreading FUD about bitcoin in major media outlets.
it is a good thing to see, specially those that belong to years ago to the time when price was something like $1 and they were saying it can't be sustained, and $10 is too high or things like that which people are also saying today but the "numbers" they use are different Cheesy

BitHodler

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Quote from: sana54210 on July 15, 2019, 03:59:07 AM

If Mr. Satoshi Nakomoto finally comes out of shadows and says that bitcoin is a failed project and nobody should use it anymore and prove that its actually him with a signed message, I would still not think bitcoin would die, even if price keeps going down because of it I would probably keep on buying bitcoin.

Satoshi saying Bitcoin is a failed project makes no sense, especially not with what it has achieved so far, and especially not with how many coins he still owns. I doubt people would even care.

If he really comes out and thinks Bitcoin has failed he has enough coins to short/sell. People like Peter Schiff continuously trash Bitcoin and think it will go to zero, but they do not put their money where their mouth is.

We have cash settled contracts over at CME where he can bet against Bitcoin. He doesn't have to touch Bitcoin nothing, just access his CME web portal and short it. Easy peasy.

sana54210

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I think bitcoin had a website where people shared how many times bitcoin has died. I do not remember the name but if you google "bitcoin death count" or something I am sure it will pop up. It showed hundreds of times news agencies wrote about how bitcoin died and/or it is dying whereas the price of bitcoin near that article shows each time they say the price goes up Cheesy

, which means if you read from anyone, and I mean anyone that bitcoin is dying do not believe them because it won't.

If Mr. Satoshi Nakomoto finally comes out of shadows and says that bitcoin is a failed project and nobody should use it anymore and prove that its actually him with a signed message, I would still not think bitcoin would die, even if price keeps going down because of it I would probably keep on buying bitcoin.

Wind_FURY

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Quote from: hatshepsut93 on July 14, 2019, 03:59:45 PM

Quote from: Wind_FURY on July 14, 2019, 05:51:10 AM

The face of an experienced crypto-trader. Very calm, and very serene. He considers 20% fluctuations as "very stable", and he eats them for breakfast.

This is why I HODL - it's still a bit nervous when the market crashes or fails to grow for a longer periods of time, but at least I don't risk to lose money on bad trades. The only important thing is to come up with a decent selling strategy, to not faill victim of own greed and instead of hodler become a bagholder and have to wait for years for yet another bull run.

Where we are going, we will not BE the bagholders. Feel lucky for the new dip, it shall be our last possible opportunity to buy below $10,000. Cool

Pursuer

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Quote from: rdluffy on July 14, 2019, 04:47:43 PM

Quote from: Dreamchaser21 on July 14, 2019, 04:24:51 PM

Quote from: rdluffy on July 14, 2019, 07:19:16 AM

Quote from: creeps on July 14, 2019, 06:19:07 AM

Quote from: goaldigger on July 12, 2019, 08:02:30 AM

The price really can disburb your inner peace. Its strong volatility and agressiveness makes it more exciting to invest but let your emotions makes your thinking unaccurately. Just calm down and observe because there's more to come in bitcoin.

Panicking are around the market, they always react every time the price down. A down price of $2k is indeed a big dump but we should remain focus and not panic, we can still expect another pump in the next days I’m confident about this one but I doubt for those week emotions to stop from reacting in the market.

I just regret losing the time to sell and buy again in the dip this time as I always try to do Grin

It's completely normal these dips of BTC

Regrets only if you don’t commit with your goal especially on taking profit. If the price is cheap again then keep on buying more bitcoin because you will have the chance on making higher profit. If the market recovers again, for sure it will be another regret to you on not buying during the dump price.

My goal is to accumulate more BTC as possible, but I already have a lot of fiat money invested in BTC, so put more fiat is not an option, what I do is sell and buy in the dips to have more BTC, but it's hard to stay connected every day, I have more activities to do and sometimes I lose the timing

I usually do the same thing and I have in the same boat of not having enough time to do it every day. of course the good news is that it is a lot easier to do it at certain cases than others so I don't really have to do it every day. basically I trade bitcoin every time I am absolutely sure of the direction it is going in. for example these days we are in the bull market and buying any dip doesn't require much thought.

justdimin

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It will continue to go up and down for a little more while, there is a huge wall and that creates a challenge for all of us to go above certain levels but since we are not also willing to go down there is a trend going on, it goes down to a level and then goes back up.

We have seen similar thing happened in 3.4k-4.2k levels and it went up and down many times before it broke through that level and we know what happened afterwards, that is why I think something similar could happen again here as well, maybe it will go up and down multiple more times but eventually it will eat enough of the wall to go beyond it eventually, people who are smart just get us to that level, watch people eat that wall a bit then sell at those levels and make it go down and buy from those levels and do it again and again until we can actually go even higher.

rdluffy

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Quote from: Dreamchaser21 on July 14, 2019, 04:24:51 PM

Quote from: rdluffy on July 14, 2019, 07:19:16 AM

Quote from: creeps on July 14, 2019, 06:19:07 AM

Quote from: goaldigger on July 12, 2019, 08:02:30 AM

The price really can disburb your inner peace. Its strong volatility and agressiveness makes it more exciting to invest but let your emotions makes your thinking unaccurately. Just calm down and observe because there's more to come in bitcoin.

Panicking are around the market, they always react every time the price down. A down price of $2k is indeed a big dump but we should remain focus and not panic, we can still expect another pump in the next days I’m confident about this one but I doubt for those week emotions to stop from reacting in the market.

I just regret losing the time to sell and buy again in the dip this time as I always try to do Grin

It's completely normal these dips of BTC

Regrets only if you don’t commit with your goal especially on taking profit. If the price is cheap again then keep on buying more bitcoin because you will have the chance on making higher profit. If the market recovers again, for sure it will be another regret to you on not buying during the dump price.

My goal is to accumulate more BTC as possible, but I already have a lot of fiat money invested in BTC, so put more fiat is not an option, what I do is sell and buy in the dips to have more BTC, but it's hard to stay connected every day, I have more activities to do and sometimes I lose the timing

Dreamchaser21

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Quote from: rdluffy on July 14, 2019, 07:19:16 AM

Quote from: creeps on July 14, 2019, 06:19:07 AM

Quote from: goaldigger on July 12, 2019, 08:02:30 AM

The price really can disburb your inner peace. Its strong volatility and agressiveness makes it more exciting to invest but let your emotions makes your thinking unaccurately. Just calm down and observe because there's more to come in bitcoin.

Panicking are around the market, they always react every time the price down. A down price of $2k is indeed a big dump but we should remain focus and not panic, we can still expect another pump in the next days I’m confident about this one but I doubt for those week emotions to stop from reacting in the market.

I just regret losing the time to sell and buy again in the dip this time as I always try to do Grin

It's completely normal these dips of BTC

Regrets only if you don’t commit with your goal especially on taking profit. If the price is cheap again then keep on buying more bitcoin because you will have the chance on making higher profit. If the market recovers again, for sure it will be another regret to you on not buying during the dump price.

hatshepsut93

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Quote from: Wind_FURY on July 14, 2019, 05:51:10 AM

The face of an experienced crypto-trader. Very calm, and very serene. He considers 20% fluctuations as "very stable", and he eats them for breakfast.

This is why I HODL - it's still a bit nervous when the market crashes or fails to grow for a longer periods of time, but at least I don't risk to lose money on bad trades. The only important thing is to come up with a decent selling strategy, to not faill victim of own greed and instead of hodler become a bagholder and have to wait for years for yet another bull run.

rdluffy

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Quote from: creeps on July 14, 2019, 06:19:07 AM

Quote from: goaldigger on July 12, 2019, 08:02:30 AM

The price really can disburb your inner peace. Its strong volatility and agressiveness makes it more exciting to invest but let your emotions makes your thinking unaccurately. Just calm down and observe because there's more to come in bitcoin.

Panicking are around the market, they always react every time the price down. A down price of $2k is indeed a big dump but we should remain focus and not panic, we can still expect another pump in the next days I’m confident about this one but I doubt for those week emotions to stop from reacting in the market.

I just regret losing the time to sell and buy again in the dip this time as I always try to do Grin

It's completely normal these dips of BTC

creeps

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Quote from: goaldigger on July 12, 2019, 08:02:30 AM

The price really can disburb your inner peace. Its strong volatility and agressiveness makes it more exciting to invest but let your emotions makes your thinking unaccurately. Just calm down and observe because there's more to come in bitcoin.

Panicking are around the market, they always react every time the price down. A down price of $2k is indeed a big dump but we should remain focus and not panic, we can still expect another pump in the next days I’m confident about this one but I doubt for those week emotions to stop from reacting in the market.

Ziskinberg

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Thanks for that, I'm always calm with whatever happens to the market because if we look at the entire picture, it cannot be denied that BTC has already increase over 4 times. Things like correction or unexpected dumps are just making the market stronger and I'd like to believe that people are believe now that BTC price should be valued at over $10,000 and that's a good thing when people stop believing that we will be hitting back to its low times again.

Topic: Calm down. - page 3. (Read 1197 times)