The main problem why some people can't make good profits from crypto is lack of patience, some people think 2024 like a very long time coming. The same thing I said back in 2018 but between 2018 and 2021 btc price went up a lot more than we expected.
All you need to do as a holder is just leave your asset in your own personal wallet. Patience is key in every investment otherwise there won't be a positive outcome.
Topic: Crypto Price Up & Down is normal be patient All Crypto Holders - page 2. (Read 378 times)
...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.
Good things come to those who wait. As long as you trust your holdings as well as their capability, patience would really be the best thing to do especially during this market situation. Crypto is volatile and the cycle of the bullish and bearish market is necessary. This is the challenging state for most of the investors but great upcoming events especially the Bitcoin halving would have a positive impact on the market so let's just keep on holding.
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You already know the answer 
~snip~
Definitely right and it was proven and tested for how many years.~snip~
This is a very normal scene of BTC price, the up and down which makes their price so volatility. But have you noticed that BTC always ended up at a high price and always create a new ATH?
That is right, we need to extend our patience and wait until BTC will reach a new ATH again which is a lot of people will have a benefit from holding BTC and sell in the right time or never sell much better.
If they could wait patiently, they would get a big profit and their wait would not be in vain. In addition, they also have to pay attention to when it's time to buy and sell so they don't get stuck in high prices when they buy.
Yes it is very normal for the cycle of up and down trend in the crypto space. Moreover, it is now heading to bearish era. This means that every day may be full of price drops although it may also increase, it will not be significant. Btw related to our holding, as long as the coins or tokens that we are holding have good market cap, we may not really worry. Although I also know that everything is risky in crypto world. but at least, we can decrease the risk by holding top coins only that are no hype. Moreover Bitcoin, it is just a matter of buy and hold.
Getting money from cryptocurrency is not every thing and any time cryptocurrency fall all hope will be lost, cryptocurrency if you are holding coin try and hold it strong because cryptocurrency, this is the pattern since i know cryptocurrency, it makes people to lose hope and when it wants to recover it recover fully with out stoppage, those list op make is what will contribute to discourage long holders of any coin weather is bitcoin or altcoins, don't fear hold your coin because I'm holding my coin until bull market
investing like this is just a game of waiting for the right time, unfortunately some of us could hardly go against the market psychology because it's like going against the current and that is hard.
Basically even if our investment has been down more than 50% it's still an unrealized loss as long as we keep holding it for long waiting for the right moment for making profit.
that's literally the only hardest thing in investing, but eventually if the altcoin that you are holding is good, you are already destined for gaining great return of investment by holding long term.
Basically even if our investment has been down more than 50% it's still an unrealized loss as long as we keep holding it for long waiting for the right moment for making profit.
that's literally the only hardest thing in investing, but eventually if the altcoin that you are holding is good, you are already destined for gaining great return of investment by holding long term.
You already know the answer
~snip~
Definitely right and it was proven and tested for how many years.~snip~
This is a very normal scene of BTC price, the up and down which makes their price so volatility. But have you noticed that BTC always ended up at a high price and always create a new ATH?
That is right, we need to extend our patience and wait until BTC will reach a new ATH again which is a lot of people will have a benefit from holding BTC and sell in the right time or never sell much better.
How do you think people got rich in crypto and hold Crypto worth tens of thousands and millions?
Yes, buy low and sell high but do you know that this thing wont really be that simple as it sounds? You would definitely be having those doubts anytime you do see a bear market which is something unavoidable.Its really that regrettable on missing out opportunities and we do wish that if we could turn back time then we would have accumulate lots but we know that this isnt something giving out some assurance
because its impossible for someone on having no thoughts on what if the price would go down even more kind of lines or words?
For sure people would be finding it confusing or something in relation with fear of making out any decision that's why risk-taking would be the main word on here and does vary on each person.
Getting rich in crypto still requires a lot of work and patience, because there’s no overnight success here and everything is the result of your hard work. Some traders wants an instant profit and the result is not good for them, it can discourage them from investing again. If you do have a dream or goal in life, you should not give up easily and the best way to achieve that is to make yourself knowledgeable about important things here in the market. Patience is very important, the volatility of the market can still give you good benefit so better to take advantage of that and reach your goal step by step.
The definition of the word "up" is from lower to higher, and you either got it wrong or did it on purpose so we wouldn't be fooled. I know for now the market will give a strong push as if there won't be another bear market after that. But there is still a bottom line below the bottom line or there is a decline below the decline. Waiting for the halving is not easy. Unless you have spare money elsewhere. Not all traders are in a favorable condition. Especially for beginners who are easily carried away by emotions when they see a slight increase right away without even thinking about making a purchase.
This is just really looking for long term perspective but in overall it was really just that showing off on how far we've moved after a decades time and we know that not all people are really that patient enough on waitingfor that long but well it does vary on preference since not all would really be that patient enough on seeing or on taking action in regarding with their investment thats why we do see that people will really be having
different takings and different actions on what they are currently seeing on the market.Patience is virtue but there are times which you do really need to make out some immediate action.
Every user here has different financial needs so we can't blame them if they can't wait that long and see the improvement of price. Also, only valuable alts will have the chance to increase their price throughout the years. But if the foundation is weak and the team is anonymous, the likelihood that they will disappear in the market is very high. So if you have long-term plans with your coins, better be selective with your investments. One sure thing that won't disappear is bitcoin. So for me, you can always include btc in your portfolio.
And we also know, that Shiba INU from worth $1000 down to $2 for almost a year. Later Shiba INU worth $1,000 became $10m!
I'm having trouble understanding, since when did shib reach 1000$? and since when did shib reach 10 million?
here:
https://coinmarketcap.com/currencies/shiba-inu/
https://www.binance.com/en/trade/SHIB_USDT
even if I put a 1 year chart I don't see anything about $1000, it didn't even reach $1 so how are you talking about $1000? what part am i missing?
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.
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 $100+ then they sell with huge profit. So make sure to buy Crypto now and wait.
in this part I am 100% agreeing with you, the best option is to wait for the price to drop a lot and buy and sell when it reaches the top, for that one needs to have patience and knowledge of the market, because one can be wrong that 29000$ it's time to buy and then the price drops to 10,000$, this scenario that I just described must be happening to a lot of people right now, because everyone is looking at 29,000$ as the price they need to run to buy
The definition of the word "up" is from lower to higher, and you either got it wrong or did it on purpose so we wouldn't be fooled. I know for now the market will give a strong push as if there won't be another bear market after that. But there is still a bottom line below the bottom line or there is a decline below the decline. Waiting for the halving is not easy. Unless you have spare money elsewhere. Not all traders are in a favorable condition. Especially for beginners who are easily carried away by emotions when they see a slight increase right away without even thinking about making a purchase.
This is just really looking for long term perspective but in overall it was really just that showing off on how far we've moved after a decades time and we know that not all people are really that patient enough on waitingfor that long but well it does vary on preference since not all would really be that patient enough on seeing or on taking action in regarding with their investment thats why we do see that people will really be having
different takings and different actions on what they are currently seeing on the market.Patience is virtue but there are times which you do really need to make out some immediate action.
The definition of the word "up" is from lower to higher, and you either got it wrong or did it on purpose so we wouldn't be fooled. I know for now the market will give a strong push as if there won't be another bear market after that. But there is still a bottom line below the bottom line or there is a decline below the decline. Waiting for the halving is not easy. Unless you have spare money elsewhere. Not all traders are in a favorable condition. Especially for beginners who are easily carried away by emotions when they see a slight increase right away without even thinking about making a purchase.
I don't know if we really did hit the bottom already but there are signs and indication that it had already did and as well as the capitulation. We may never know this things but base on experience, you don't have to go against the trend, it's true the saying that "trend is your friend". 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.
Great, I am the follower of this particular formula. You can not win the crypto market if you are not patient enough to wait for an opporunit like this. Most of them call this as blood bath, crypto going to hell and what not. But thats completely non sense, they forget that this is the real opportunity and one should not be bending it over. Many of them cried when bitcoin went from 3k to 60k in the past, they did not even try to buy it when it was slowly moving towards new high. Always kept asking question like when bitcoin movement will stop, is this opportunity to buy and what not! That's completely insane, they should buy and keep buying when such bear trend is on the way.
The answer is that they buy when the price is very low like in the current market.
Are you sure this is the lowest, what if the end of this year drops even lower than now, for example Bitcoin, do they not lose and how all capital has been wasted at this time, that risk must also be considered.In my opinion, for now if people want to buy crypto/Bitcoin, it's good to have three methods, in dealing with capital.
E.g. capital: $5000
1. $1.666, buy now.
2. $1,666, see the development of the crypto market in the next 2-4 months, if it goes down buy again.
3. And $1,666, just in case, in case anything unexpected happens, I mean even lower vantage point, point 2.
Sure, if I'm going to do such a method.
Trading/investing options like that, you will most likely reduce the risk of big losses, profit if it is currently lower and will go to another month, what if the fall is worse.
It's normal on a volatile market and would naturally follow along early on but it wouldn't last forever, so don't assume that one can forever profit off of it. Take your time, we're only a decade in, and even if we consider how much the internet has helped in spreading and increasing Bitcoin adoption, it's still only a measly 10 years, there's still time for people to enter and take profit.
Though I don't think you can compare Dogecoin and Shiba (Probably, never really paid attention to it) to Bitcoin cause even if the scenarios were similar, the reasons for the two of them (imo) are different.
Though I don't think you can compare Dogecoin and Shiba (Probably, never really paid attention to it) to Bitcoin cause even if the scenarios were similar, the reasons for the two of them (imo) are different.
The comparison you mentioned is illogical, you did not compare cryptocurrencies on several big down trend, but rather on dwon or one major correction, but most of them fail to achieve gains after they collapse for the first time.
- Ethereum coin only tested one time.
- Dogecoin gained fame because of Elon Musk and don't expect to back to ATH.
- Shiba INU is just a worthless copy of Dogecoin and has no value, you will lose your money if you invest in it for the long term
...
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!...
- 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!...
It is obvious that you yourself are confused in the figures you presented, since they do not reflect reality) I cannot recall such a reduction in the value of BNB that you are writing about, since there has never been such a thing in the entire existence of this coin. The same goes for the Shiba INU coin, which has never been worth $1000.
xd
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