The truth is that not everyone can hodl, so this is a major reason why panic at these times because not many people are mindful to hodl on long term. So many are caught in the dip. It's best to be patient at this time and apply DCA if you have the funds.
If they can be patient, they can hold on for a certain amount of time and won't panic if something happens in the market. Those who can do that must have gone through a long journey in the crypto world to be calm and patient and not panic in making decisions. If the market is down, those with the funds will buy again because it is a good time to buy. So we need to manage our emotions in any situation and condition to see the opportunity to use the moment. 
Topic: Crypto Price Up & Down is normal be patient All Crypto Holders (Read 378 times)
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The truth is that not everyone can hodl, so this is a major reason why panic at these times because not many people are mindful to hodl on long term. So many are caught in the dip. It's best to be patient at this time and apply DCA if you have the funds.
this is true, proper strategy is needed if it comes in holding for a long term, after all the bearish could lasts for more than a year as far as I know seeing from the past cycle.if anyone with big capital and big income is holding, they could just leave their investment be, but for anyone with insufficient money for basic needs, holding gonna be a disaster.
also accumulating in the bearish is like catching a falling knife.
the current market conditions are in an unlikely situation, where we must really be patient waiting for the market to improve again. but still that it's normal. but on the one hand you can take advantage of this opportunity to buy most of the top coins at cheap prices and you just have to wait until the situation improves. At the very least you need to prioritize bitcoin and some of the top crypto assets.
The truth is that not everyone can hodl, so this is a major reason why panic at these times because not many people are mindful to hodl on long term. So many are caught in the dip. It's best to be patient at this time and apply DCA if you have the funds.
Actually most of top coins will always follow Bitcoin price, so it's useless to compare the top coins price as we're only need to look on Bitcoin price to see the market is bearish or bullish.
Yeah, well said in theory but we don't know about the reality. The question is how you can know the bottom? Which person can guessing Bitcoin price will ever touch $3K at that time? Mostly those people who bought Bitcoin at $3K is DCA-ing Bitcoin.
That's probably the case. No one is patient enough to wait just to buy when the price is at its bottom, mostly they start to buy when the price is in dips. However, if they do DCA, buying at its bottom price is always possible. But it could also mean you need to prepare good amount of funds during bearish market because even if you do DCA, there will be a need of funds everytime you place a buy order.Yeah, well said in theory but we don't know about the reality. The question is how you can know the bottom? Which person can guessing Bitcoin price will ever touch $3K at that time? Mostly those people who bought Bitcoin at $3K is DCA-ing Bitcoin.
your mind and emotion on the time you do make out some decisions thats why this is situation is something depending on someones capacity in terms of finances and thats why its really
important to have some saved amounts or funds in case the market would really be having that kind of behavior.You cant just get in if you dont have funds.
Actually most of top coins will always follow Bitcoin price, so it's useless to compare the top coins price as we're only need to look on Bitcoin price to see the market is bearish or bullish.
Yeah, well said in theory but we don't know about the reality. The question is how you can know the bottom? Which person can guessing Bitcoin price will ever touch $3K at that time? Mostly those people who bought Bitcoin at $3K is DCA-ing Bitcoin.
That's probably the case. No one is patient enough to wait just to buy when the price is at its bottom, mostly they start to buy when the price is in dips. However, if they do DCA, buying at its bottom price is always possible. But it could also mean you need to prepare good amount of funds during bearish market because even if you do DCA, there will be a need of funds everytime you place a buy order. Yeah, well said in theory but we don't know about the reality. The question is how you can know the bottom? Which person can guessing Bitcoin price will ever touch $3K at that time? Mostly those people who bought Bitcoin at $3K is DCA-ing Bitcoin.
Buy and wait. The next Halving will be on 2024. That's a long wait. But yes sure, can't believe a $1k worth of Shib is now worth $2.
Lots of so called experts actually are saying we are at the bottom already which there could be a bull run again. We may not know until it happen but hey if you are willing to wait, just do it. As long as you won't spend your BTC and wait for the price to go up, you won't lose anything. There - that should be encouraging.
Ups and downs of crypto price are the crypto way. Happens all the time. Happens to both old and new crypto. Crypto is for holding for a long time for maximum profit.
Recalling History :
And we also know, that Shiba INU from worth $1000 down to $2 for almost a year. Later Shiba INU worth $1,000 became $10m!
How do you think people got rich in crypto and hold Crypto worth tens of thousands and millions?
The answer is that they buy when the price is very low like in the current market. Now is the time to buy. That being said, Bitcoin before went from $19k down to $ 3k and smart people bought Bitcoin at $ 3k! The same thing is happening again. Crypto price is all about up and down. The rich buy crypto when the price is very low like now, keep it and the price increase 10 times + from $1 to $100+ then they sell with huge profit. So make sure to buy Crypto now and wait.
I believe none of us here can predict correctly what will be the bottom price so if we can't make the best timing to buy, then we'll do DCA. It's always a safe strategy to use so we will never lost the opportunity to buy bitcoin at its lowest price, or even the solid altcoins in the market. Wise investors will always make good market predictions and analysis, but if we can hardly do it, then settle for DCA as its always a win win strategy. Recalling History :
- Bitcoin went from $19,000 to $3,000 Then to #60,000
- Ethereum went from $1,000 to $80 Then to $4,000
- Dogecoin went from $0.001 $0.00008 Then to $0.1
- BNB went from $400 to $60 Then to $500
And we also know, that Shiba INU from worth $1000 down to $2 for almost a year. Later Shiba INU worth $1,000 became $10m!
How do you think people got rich in crypto and hold Crypto worth tens of thousands and millions?
The answer is that they buy when the price is very low like in the current market. Now is the time to buy. That being said, Bitcoin before went from $19k down to $ 3k and smart people bought Bitcoin at $ 3k! The same thing is happening again. Crypto price is all about up and down. The rich buy crypto when the price is very low like now, keep it and the price increase 10 times + from $1 to $100+ then they sell with huge profit. So make sure to buy Crypto now and wait.
Just let those impatient users or investors panic or be confused waiting for the market to move and in the end, if they stay like that, they will lose their money.
We must remain patient, waiting for the market to increase again while still being given the opportunity to buy various potential coins, including bitcoin.
Yesterday's bitcoin price increased again but now it's back down again and this is our chance to accumulate more bitcoins after getting profits.
But in the long term, the price of bitcoin could still rise high again in the future so if you can hold on to your bitcoins, you have the possibility to sell bitcoins at high prices again.
Those impatient or manic people are the reason why we are capable of making money so easily. If it wasn't for that people, how would I know how to make money? I just do the opposite of what they do and make a good profit. Like for now, right now you could just buy anything you want at the top, wait, and eventually you will profit, there is no need to be manic about it and you would be fine.We must remain patient, waiting for the market to increase again while still being given the opportunity to buy various potential coins, including bitcoin.
Yesterday's bitcoin price increased again but now it's back down again and this is our chance to accumulate more bitcoins after getting profits.
But in the long term, the price of bitcoin could still rise high again in the future so if you can hold on to your bitcoins, you have the possibility to sell bitcoins at high prices again.
However, these people end up trading like crazy, even leverage trade during Luna crash, and hope that they would get rich. The "need" to do something in order to make money is a real one, people fail to comprehend the idea of making money without doing anything.
Sometimes some people neglect to do research even though it is very important,
In minimizing mistakes in buying coins I think doing research is one that has a big role...
In minimizing mistakes in buying coins I think doing research is one that has a big role...
The problem is that not everyone can independently and thoroughly conduct research. In large funds, whole teams of specialists are working on this, who are engaged in assessing the prospects of the coin. On the forum, instead of trying to conduct our own research, request help with the choice of coins for investment. Just not the fact that such a purchase will be profitable.
That is why i said the market is being flooded with impatient users or investors, the real investors who knows too well about the industry never panic rather they always prays for another chance to come for them to utilized it again to stand for a better chance of making good profits. It's only those who had about the recent rise of BTC with reputable currencies that jumps into the market thinking it will all be Bullish but fails to understand the common principles in the market.
Just let those impatient users or investors panic or be confused waiting for the market to move and in the end, if they stay like that, they will lose their money.We must remain patient, waiting for the market to increase again while still being given the opportunity to buy various potential coins, including bitcoin.
Yesterday's bitcoin price increased again but now it's back down again and this is our chance to accumulate more bitcoins after getting profits.
But in the long term, the price of bitcoin could still rise high again in the future so if you can hold on to your bitcoins, you have the possibility to sell bitcoins at high prices again.
Buying at low price and hold until it reached your set value to sell seems easy and simple but actually its not suited for everyone who cant hold for long.
You can be a huge gainer if you invest in crypto but it takes a lot of patience because that history of ATH for crypto didnt happen in short period, investors waited for years. Thus if you can hold for long period and can bear seeing the market in bloody status without worrying then its likely for you to have a good result. But its only possible if you invest in coins that wont turn to shitcoins as time passes by.
You can be a huge gainer if you invest in crypto but it takes a lot of patience because that history of ATH for crypto didnt happen in short period, investors waited for years. Thus if you can hold for long period and can bear seeing the market in bloody status without worrying then its likely for you to have a good result. But its only possible if you invest in coins that wont turn to shitcoins as time passes by.
That is why i said the market is being flooded with impatient users or investors, the real investors who knows too well about the industry never panic rather they always prays for another chance to come for them to utilized it again to stand for a better chance of making good profits. It's only those who had about the recent rise of BTC with reputable currencies that jumps into the market thinking it will all be Bullish but fails to understand the common principles in the market.
Buy and wait. The next Halving will be on 2024. That's a long wait.
Investment of 2 years is not that much, rather it's advisable you should invest with spare money or money not in a budget for used at the main time. Getting Rich is not an easy task therefore it requires patient for someone moving to the next level.
Buy and wait. The next Halving will be on 2024. That's a long wait.
Investment of 2 years is not that much, rather it's advisable you should invest with spare money or money not in a budget for used at the main time. Getting Rich is not an easy task therefore it requires patient for someone moving to the next level.
Buy and wait. The next Halving will be on 2024. That's a long wait. But yes sure, can't believe a $1k worth of Shib is now worth $2.
Lots of so called experts actually are saying we are at the bottom already which there could be a bull run again. We may not know until it happen but hey if you are willing to wait, just do it. As long as you won't spend your BTC and wait for the price to go up, you won't lose anything. There - that should be encouraging.
That only applies to those who have been in this industry for a long time because they have the experience and also enjoy the ride they believe in and also don't care when the price drops again after going up, and they know what to do.
different from the new, because it is only tempted when many people become rich because of bitcoin and other cryptocurrencies without being based on sufficient knowledge and also good analysis.
but it is a real journey and many of them hate it when they suffer losses and there are also those who are successful but whatever the reason that happens to them will add users, because the successful ones will survive, and there are also those who fail also survive. And they will learn from their previous mistakes and learn everything well.
So the new one did not make a fatal mistake even though it would affect the market, just a lack of knowledge but with events like this sooner or later it will increase users. And that's the process of becoming popular.
different from the new, because it is only tempted when many people become rich because of bitcoin and other cryptocurrencies without being based on sufficient knowledge and also good analysis.
but it is a real journey and many of them hate it when they suffer losses and there are also those who are successful but whatever the reason that happens to them will add users, because the successful ones will survive, and there are also those who fail also survive. And they will learn from their previous mistakes and learn everything well.
So the new one did not make a fatal mistake even though it would affect the market, just a lack of knowledge but with events like this sooner or later it will increase users. And that's the process of becoming popular.
...Blind investment wouldn't get you nowhere unless you really have that risky appetite on you, but if you don't, better have a financial advisor with you.
It is obvious that not all coins, after the end of the bear market, can increase in price to high, while installing a new ATH. Therefore, it is very important to conduct your own research before buying a particular coin, otherwise you may lose your money.
In minimizing mistakes in buying coins I think doing research is one that has a big role,
but it's different if it's talking about top coins like Bitcoin, Ethereum, and BNB because they are unquestionable coins
And sometimes even if the knew still they afraid on what currently they see and they didn't even think about what will happen in future that's why many people got mistake to ride at the dumping party while the market slides down and didn't do anything when opportunity to buy is occuring on their sight. That's why we see so many people regret about not buying or dumping their coins at early because they can earn or recover if they just extend their patience. So newbie's should not follow this that's why its good to do our own research because we can find this information and data exist before and even now.
Wait, I don't understand the prices that you've given for Shiba Inu. Shib didn't even reached a price of dollar because of its supply but I do understand the logic that it's also up early this year just like the other altcoins but the pricing, it's wrong that you've said.
How do you think people got rich in crypto and hold Crypto worth tens of thousands and millions?
You have already explained it that they've bought when the price is low and became greedy so, they've accumulated a lot of it. Whilst holding it, they might have some other businesses that they're relying on while waiting for their crypto investments to flourish. Holders are investors, businessmen and also normal people that have other things to do. So, when their investments in crypto gets a boost and grown a lot, it's the time they'll decide whether they'll quit their jobs and build their businesses and other source of income through the profits they've made out of crypto.
This is being discussed all the time but thanks for reminding everyone once again, just in case someone forgots this facts already and they are now starting to lose their motivation to continue holding and buying. Not all cryptos are to hold for a long time, we can use the late luna for example. It already reached its maximum price after a year or so, before it died down.
Over a year isn't that long imo. It is important to know the capacity of the coin if it has the potential to stay for a much longer time or not and about that shiba inu, where did you get that information, lol wtf? Shib didn't even cross a dollar yet. Not sure if what you mean is a different coin or I only didn't get your message.
Over a year isn't that long imo. It is important to know the capacity of the coin if it has the potential to stay for a much longer time or not and about that shiba inu, where did you get that information, lol wtf? Shib didn't even cross a dollar yet. Not sure if what you mean is a different coin or I only didn't get your message.
...Blind investment wouldn't get you nowhere unless you really have that risky appetite on you, but if you don't, better have a financial advisor with you.
It is obvious that not all coins, after the end of the bear market, can increase in price to high, while installing a new ATH. Therefore, it is very important to conduct your own research before buying a particular coin, otherwise you may lose your money.
In minimizing mistakes in buying coins I think doing research is one that has a big role,
but it's different if it's talking about top coins like Bitcoin, Ethereum, and BNB because they are unquestionable coins
...Blind investment wouldn't get you nowhere unless you really have that risky appetite on you, but if you don't, better have a financial advisor with you.
It is obvious that not all coins, after the end of the bear market, can increase in price to high, while installing a new ATH. Therefore, it is very important to conduct your own research before buying a particular coin, otherwise you may lose your money.Jump to: