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Topic: CAN ANYONE PLEASE SHED SOME LIGHT? WHAT'S WRONG WITH BTC? - page 2. (Read 454 times)

jr. member
Activity: 112
Merit: 2
The media patrons spreads negative news, the market drops like hell, they buy low and the price rises in few days... they sell and after other news and rumors cames around, the same thing happen again and again and again Smiley
legendary
Activity: 1596
Merit: 1026
But ARE these people just saying it with hope or actual knowledge?
They are saying it because if you and everyone else sells it lowers the price.  They want to get out before you do at a better price.  So they tell you to 'HODL' while they look for the best time to SODL!!!  

Don't be an idiot.  Sell before it goes much lower.  Don't let the whales get your money.

 How much money can you really afford to lose? 
member
Activity: 252
Merit: 10
it's just negative news about bitcoin, we do not have to worry about that
and, do not be a weak hand .. and also,don't ever be affected by negative news
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!

OK, I'll cut straight to it. I see all these people saying "Yeah it will be fine" and "it always bounces back".. etc etc..

But ARE these people just saying it with hope or actual knowledge?

Are the banks and big hedgers truly suppressing in order to scoop up more BTC cheaply?

As far as I knew from last week (or so the news went) Saudi Arabia was going to be highly involved in btc and I presumed the price would boom again. I love BTC and I love anything to do with crypto, but I'm truly scared and anyone that says they're not I think are either just trying to keep a straight/strong face, and are basically all as scared as me.. (well I hope they are, as this shit is getting serious).

I'd love to hear some truth and real thoughts.

Cheers'
Paul

Are you 5 years old?

Do you read what you write? You ask crypto community to tell you for sure, based on actual knowledge that everything is going to be fine with crypto?Huh??

If you need somebody to hold you crypto hand during harsh times, I think you re definitely in the wrong industry and should stick with traditional banking.

So you can either grow some balls and patience, go through this red tide shit with the rest of us or you stay scared.

It s up to you. I AINT SELLING!
sr. member
Activity: 518
Merit: 268
There is nothing wrong with Bitcoin except the scaling problems. But that is not really a problem anymore if so much countries are banning Bitcoin and therefore reducing the traffic on the Bitcoin network. The value decrease is caused by the hype, because new investors are cutting out there losses.
member
Activity: 805
Merit: 26
There is nothing wrong with btc even its price is volatile. What is wrong is the speculations of the people from btc. They are just saying based on what they see in the price. Speculations make bitcoin more dipping down because some of investors having a panic selling.
full member
Activity: 224
Merit: 101
weak hands, newbies in this world are struggling to understand this market.
If you just read around, check graphics and the history you will see that BTC has always been like this, roller coasting all around, price is subject to change every minute and this is the way it should be for now.
In this world you should be more practical than emotional because when we are talking about money emotions never helps to take the right decision.
Unless you are a daily trader, just hold and stop checking the BTC price every 10 minutes, clear your mind and start to check it every week or month, don't be stupid to jump off the train at 7/6/5k because when the price will get back you will definitely regret it.
newbie
Activity: 14
Merit: 2
Are the banks and big hedgers truly suppressing in order to scoop up more BTC cheaply?
If the banks got convinced that cryptocurrency was the future the first thing they'd do is create their own blockchain, and cut the existing BTC holders out.  So it doesn't make any sense that they're manipulating the BTC price.
full member
Activity: 478
Merit: 113
As for BTC, 20K was overinflated for that time when it happened. Just hodl. All indicators show that BTC is badly oversold. It will rise again.
member
Activity: 294
Merit: 14
A lot of things have happened last month like India banning cryptocurrencies, Korea allowing real name trading with 24.2% tax and a lot more, and these events afflicted Bitcoin and all other cyrptocurrencies as well. It maybe at its recalibration. Things are adjusting. Bitcoin is highly volatile to small changes in the market which is why it may sometimes surprise us with its sudden pumps and dumps. Let us wait and hold.
sr. member
Activity: 812
Merit: 250
Nothing to be worried about, BTC is very vulnerable to issues. Bad things always happen and the cause is a negative issue from influential countries.
China and India this month banned crypto trade. this makes everyone panic.
Be patient and hold it until the storm ends.
jr. member
Activity: 54
Merit: 8
My old account was compromised - Can't get it back

OK, I'll cut straight to it. I see all these people saying "Yeah it will be fine" and "it always bounces back".. etc etc..

But ARE these people just saying it with hope or actual knowledge?

Are the banks and big hedgers truly suppressing in order to scoop up more BTC cheaply?

As far as I knew from last week (or so the news went) Saudi Arabia was going to be highly involved in btc and I presumed the price would boom again. I love BTC and I love anything to do with crypto, but I'm truly scared and anyone that says they're not I think are either just trying to keep a straight/strong face, and are basically all as scared as me.. (well I hope they are, as this shit is getting serious).

I'd love to hear some truth and real thoughts.

Cheers'
Paul
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