Do not be fooled - page 15. | Bitcointalksearch.org

Oasisman

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Quote from: Kvalentine on March 16, 2020, 04:56:45 AM

Coronavirus is the reason why market is in very bad shape, it will be very stupid to exit because of this while others are making good choice presently, many are already saying it's the end for crypto but the fact is Bitcoin died several times in the past and it's still alive today, do not be fooled by those who don't understand the technology

What do you mean Bitcoin died several times before?
Dead means zero value and totally not usable, and I didn't remember Bitcoin has become like that ever since.
Also, the corona virus wasn't the only reason why the market fell so hard. There were no direct correlation between cryptocurrency and the pandemic, but It still has it's slight effect when the global market is falling.

The dump was caused by the plus token scam and dump and followed by the panic by the covid-19, causing the price to rapidly decline. Nevertheless, this is an opportunity to buy. Once the marker recovers, it will be a guaranteed 100% profit.

istiak2277

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KUWA.ai

Don't listen to those people. This epidemic cause a serious downfall to all the economic sectors. It's not only in crypto. We are seeing a natural disaster and it will clam down in time. The scientist is trying to find a cure so no need to worry. I think its a very good time to invest in the market and fill up the bags a little bit before it's on the bull run again.

zaim7413

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Quote from: Novatech8 on March 17, 2020, 02:31:25 AM

Are you saying you sell off your coins just to stay alive? Where are you from if I may ask? Are you in china right now? What OP is trying to say is not to sell your coins because many are saying crypto is dead, crypto is not dead, once coronavirus is over those who refused to sell will make good gains

Yes, that's right, those who are still patient and still keep coins in their wallets, obviously will get a lot of benefits after the corona virus can be overcome by all countries, because until now all countries are dealing with this virus outbreak, so still calm in the current conditions.

Bohr256

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Quote from: Reid on March 16, 2020, 05:56:10 AM

Quote from: Kvalentine on March 16, 2020, 04:56:45 AM

Coronavirus is the reason why market is in very bad shape,

Stock market but not the crypto field.

But crypto follows the stock market. Stop pretending like crypto is 'safe' and somehow immune to tribulations because it's clearly not.

Yamifoud

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Quote from: Kvalentine on March 16, 2020, 04:56:45 AM

Coronavirus is the reason why market is in very bad shape, it will be very stupid to exit because of this while others are making good choice presently, many are already saying it's the end for crypto but the fact is Bitcoin died several times in the past and it's still alive today, do not be fooled by those who don't understand the technology

They fooled themselves many times as well.
Some people just appreciate crypto during the bullish season and then leave when they saw dumps are coming. Quite to think that they are just taking advantage and having good times during that time. They are so-called passing customers, anytime they will leave if they don't like the market trend and most kinda a panic seller. We can't expect support from them nor we think that they can help the market to recover but instead, we can expect them to ruin the market image.

Sanitough

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I agree with OP, it's stupid to exit because you are like getting panic also, I learn from my experience that when you panic in investing, you are likely to lose, therefore I will never exit at this time because in the first place, I am here for long term and I take advantage on opportunity like this.

Keep holding, its our best chance to make fortune investing in crypto and let the weak hands dump so it would be bought by people who trust which would only make this market stronger as it goes.

Novatech8

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Quote from: Yogee on March 16, 2020, 05:38:50 AM

I'm not being fooled but when my health is on the line, I would sell some of my portfolio to buy food, disinfectants, and other necessities in times like this. That is not a stupid decision, it is just common sense. If I survived this pandemic, there is always a chance to earn money and buy cryptocurrencies.

Are you saying you sell off your coins just to stay alive? Where are you from if I may ask? Are you in china right now? What OP is trying to say is not to sell your coins because many are saying crypto is dead, crypto is not dead, once coronavirus is over those who refused to sell will make good gains

Shallow

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Quote from: Kvalentine on March 16, 2020, 04:56:45 AM

Coronavirus is the reason why market is in very bad shape, it will be very stupid to exit because of this while others are making good choice presently, many are already saying it's the end for crypto but the fact is Bitcoin died several times in the past and it's still alive today, do not be fooled by those who don't understand the technology

That is true, those who lacks knowledge of the technology behind this space are quick to say Bitcoin or rather cryptocurrencies are dead. Starting with Bitcoin, it has passed through worst case scenarios yet it is still here with us, withstanding all things and coming out strong. Just like you pointed out, it will be of no sense to listen to those are just for quick profits; it is just a matter of time for everything to come to normal as every government is on the verge of getting a cure. Also, most people are already setting buy orders at different price intervals for their desired coins.

TanakabZX

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I see this as a big opportunity to get many hands on more coins that I never had simply because they are too costly but now that they are cheaper this season won't last long, many will be buying and once coronavirus is defeated those who make the hardest will gain alot

cahbagus555

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Quote from: Kvalentine on March 16, 2020, 04:56:45 AM

Coronavirus is the reason why market is in very bad shape, it will be very stupid to exit because of this while others are making good choice presently, many are already saying it's the end for crypto but the fact is Bitcoin died several times in the past and it's still alive today, do not be fooled by those who don't understand the technology

The current price decline, in my opinion is only temporary. The government must work hard to find a coronavirus vaccine and the market will recover as usual when even the halving moment approaches will make crypto prices go up

lienfaye

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Before we engaged ourselves in crypto we must be prepared for the worse situation like this. Its not unusual to see the price plunge because it also happened in the past. But like what op said, btc managed to recover though it takes time.

Thats why crypto investment is good for long term holding because we dont know until when we're going to wait before we can see a price increase. One thing is for sure only investors who have patience to be firm in holding are likely to earn huge when the time comes the market turn bullish.

taufik123

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People who say this is the end of crypto are people who want to take the opportunity to buy more Bitcoin and other altcoins. Because they only want crypto to be at the lowest price.

many FUDs were disseminated about the effects of COVID-19 Coronavirus which made BTC worse off.

This is a good opportunity to enter the Bitcoin market, many large investors take advantage of this situation to buy some Bitcoin and save reserves to anticipate Bitcoin falling deeper.

To overcome this problem we as crypto users must be aware and not get involved in spreading FUD news about Bitcoin, we must be able to filter out the right information and information that is merely aimed at influencing the deteriorating market.

ahyadinnn

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Quote from: LbtalkL on March 16, 2020, 04:31:45 PM

Some guys(whales) are abusing the situation of spreading FUDS and placing a short orders on leverage trading or futures and they earned a lot is this situation. I encourage everyone on futures to try in your own risk it seems manipulated right now it is better to be on spot trading so you can HODL how long you want and avoid being liquidated.

Stop panicking if you are really looking for better chances, the market will be okay after this virus so instead of trying to play with the whales it's best to buy and forget to deal for now. You'll lose if you keep trying to Short whales understand the behavior of each traders and they are good playing with it

true, opportunities like this should be taken advantage of by buying some bitcoin or altcoin, prices like this have happened several times so don't ever panic, if you panic is not the profit you get but you will get a loss from the panic about the current price situation

Twinkledoe

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Quote from: Ziskinberg on March 16, 2020, 06:30:43 PM

According to the site - https://99bitcoins.com/bitcoin-obituaries/

Bitcoin died 380 times, so are we still afraid on that? Every time bitcoin dies it resurrected to rise again, so it's just about faith here, if we have no faith anymore, we can dump and forget about bitcoin, but I am pretty sure there still a lot of people who trust bitcoin and they will be the reason why bitcoin should pump in the future.

This pandemic is just one of those hundred reasons why bitcoin died hundreds of times. It clearly shows that bitcoin will rise up again and again no matter what the challenge it is facing in the market. People who are sticking with crypto will reap the rewards and not regret for staying. I guess most of us are already over with the panic mode whenever this occurs to crypto.

Ziskinberg

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According to the site - https://99bitcoins.com/bitcoin-obituaries/

Bitcoin died 380 times, so are we still afraid on that? Every time bitcoin dies it resurrected to rise again, so it's just about faith here, if we have no faith anymore, we can dump and forget about bitcoin, but I am pretty sure there still a lot of people who trust bitcoin and they will be the reason why bitcoin should pump in the future.

jumail

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Productive housewife

WHO officially states that this is a pandemic (read this), in recent weeks there has been a significant increase in the number of cases and countries affected. This pandemic has an impact on all aspects, which is quite pronounced is the economic aspect, lockdown in some countries and places make everything in a "limited" position. No wonder the stock market, oil, etc. experienced a drastic decline, as did the crypto market. Whatever happens, believe that this is only temporary, getting out of the market is the best way to avoid the increased risk of extreme market changes. We know that this makes the atmosphere of crypto worse, the opposition will definitely say that bitcoin is a scam and die, in fact, this happens in all economic markets, we have to be wiser in receiving information and keep learning.

Denreal

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I sell when I wish to sell and if I feel the best thing to do, perhaps to keep safe is to sell, I will do that. The decision most times should lie in our hands. Even amidst the Coronavirus, te market might still rise again. That makes it to be independent of whatever comes up and is affecting almost all parts of the world.
This is bing attached to crypto, to cause more panic, which is why te market might dump more and there are people who are ready to buy now because they know that at the long run, they will make their profits, which might be huge.

hirngespenst

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Some people won't learn ever in their life, it's simple! From 2009 to now, Bitcoin price dumped many times and every time after a certain time, it bounced back! As you said, some people are buying Bitcoin and other reputed coins as much as possible! Even one of my friends selling his smartphone to buy Ethereum at 90-100$! And yet few people thinking Bitcoin will be zero! I stop bargaining with those types of people because they will remain a noob forever!

Utoy101

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Quote from: Kvalentine on March 16, 2020, 04:56:45 AM

Coronavirus is the reason why market is in very bad shape, it will be very stupid to exit because of this while others are making good choice presently, many are already saying it's the end for crypto but the fact is Bitcoin died several times in the past and it's still alive today, do not be fooled by those who don't understand the technology

You are right, this pandemic disease did place a dent on virtually every life activities out there. When you check other investments options, you'll discover that cryptocurrency market is just one out of many affected markets out there. This is surely the time to stock up portfolio as the entire market will rise just like always besides, virtually everyone is currently in loss due to the downtrend, so why would you just sell now and loose your assets due to fear and panic?

LbtalkL

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Some guys(whales) are abusing the situation of spreading FUDS and placing a short orders on leverage trading or futures and they earned a lot is this situation. I encourage everyone on futures to try in your own risk it seems manipulated right now it is better to be on spot trading so you can HODL how long you want and avoid being liquidated.

Topic: Do not be fooled - page 15. (Read 3964 times)