Pages:
Author

Topic: Do not panic. Everything will get better - page 13. (Read 5392 times)

member
Activity: 392
Merit: 31
August 08, 2022, 11:27:24 PM
with the decline in the price of bitcoin, many people panic selling, even though they get losses because the price is not as intended, even though selling at a price that is not what they want is a wrong action, because they will harm themselves. even though if they don't panic and be patient, the price will definitely come back up again.
hero member
Activity: 2884
Merit: 620
August 08, 2022, 07:45:42 PM
The first week of August, Bitcoin charts are already starting to look good. July 10 Bitcoin started at $21.86K and stopped at $23.8K on August 8th and is likely to last until the end of August.
Bitcoin has once again back to $24k and Ethereum to $1800. Just as we always say, everything is going to be nice again and we have to patient on these market situations since we've been too hit of it for so many times.

Meanwhile, the global economy is trying to bounce back. We need intelligence to be able to make the right decisions.
We're going to see if the entire global economy will back. IMO, I don't think that everyone is going to be back while some other countries has to push the others low for many of them shall go up and focused on their own.
full member
Activity: 952
Merit: 105
August 08, 2022, 07:28:12 PM
The first week of August, Bitcoin charts are already starting to look good. July 10 Bitcoin started at $21.86K and stopped at $23.8K on August 8th and is likely to last until the end of August.
Meanwhile, the global economy is trying to bounce back. We need intelligence to be able to make the right decisions.
Agreed, the month have started in a good way. The price movements were also good. Today we experienced a massive rise in the price. During this time period more number of cryptocurrency users have jumped into trading. There is regular variation in the price, even a small marginal variation will bring little profit. The global economy won't make a big move for some months.
Sometime we are so upset on a few things but later that time pass away too...
and we see ourself lost in a different situation - life is not a bed of roses and one day we are all going to die. leaving all the miseries behind and willl take along our deeds only
hero member
Activity: 2282
Merit: 532
Sugars.zone | DatingFi - Earn for Posting
August 08, 2022, 05:29:18 PM
The first week of August, Bitcoin charts are already starting to look good. July 10 Bitcoin started at $21.86K and stopped at $23.8K on August 8th and is likely to last until the end of August.
Meanwhile, the global economy is trying to bounce back. We need intelligence to be able to make the right decisions.
Agreed, the month have started in a good way. The price movements were also good. Today we experienced a massive rise in the price. During this time period more number of cryptocurrency users have jumped into trading. There is regular variation in the price, even a small marginal variation will bring little profit. The global economy won't make a big move for some months.
sr. member
Activity: 1554
Merit: 260
August 08, 2022, 02:36:46 PM
The first week of August, Bitcoin charts are already starting to look good. July 10 Bitcoin started at $21.86K and stopped at $23.8K on August 8th and is likely to last until the end of August.
Meanwhile, the global economy is trying to bounce back. We need intelligence to be able to make the right decisions.
Thing will remain the same - but people will be used to of all this inflation and ecnomic crisis.
They wont worry about inflation - they thing they will worry only will be peace.
hero member
Activity: 1470
Merit: 755
August 08, 2022, 01:05:19 PM
The first week of August, Bitcoin charts are already starting to look good. July 10 Bitcoin started at $21.86K and stopped at $23.8K on August 8th and is likely to last until the end of August.
Meanwhile, the global economy is trying to bounce back. We need intelligence to be able to make the right decisions.
full member
Activity: 1204
Merit: 110
Patience in crypto don't come by default it is been learnt. If you don't have patience definitely panic will set in. To avoid panicking wait till when the bulls takes charge else if you can risk it for more dips if that happens then buy and hold. We have had a lot who thought $18k was the dip and bought but who knows the plunge will move even further.
Likewise Patience in life do not come by default too - for all those who are in a hurry and want to get things fixed are always in trouble.
So patience in life and in gambling is very important for everyone - for players and for a person.
Because panic will not always bring good result. It brings in trouble most of the time.
member
Activity: 840
Merit: 23
Patience in crypto don't come by default it is been learnt. If you don't have patience definitely panic will set in. To avoid panicking wait till when the bulls takes charge else if you can risk it for more dips if that happens then buy and hold. We have had a lot who thought $18k was the dip and bought but who knows the plunge will move even further.
hero member
Activity: 1344
Merit: 565
There is no need to keep advising people to hold, i have seen this advice so much in the last weeks since bitcoin started plunging, if they do not believe in bitcoin or that this kind of plunge has happened before and that it will return back up, then let them sell to stronger hands that are ready to buy at all times, and just maybe experience will teach them to research next time.
You are right but sometimes some people can't help it, they just have to keep talking about Hodling your Bitcoin or any other Alts at least the good projects that is, during bear markets like this but I too believe that this has been said well enough and investors should know this too looking at the history of the market but again, regardless people will panic sell no matter what has been said and at the end of the day, these same people will come back a few "years" to tell how they should have HODL when Bitcoins price was $20K after the market hits another ATH  Grin
full member
Activity: 1022
Merit: 133
Sure, there have been worst things happened to us (the world and economy) but ultimately we survived them all, weaker hands are busy in selling, optimistic people are buying in now for they know market will rise eventually, but these are the times that burns a person's patience power to make them stronger, the ability to control on emotions come with great experiences of pain Wink
legendary
Activity: 2394
Merit: 1848
Leading Crypto Sports Betting & Casino Platform
There is no reason to worry about the current bitcoin market dump. Because it won't take long for Bitcoin to pump the market. The market will be fine very soon.
That would take forever if someone didn't know what was going on in the market but for those who know, they know. Bitcoin is for long term investment so it's just appropriate to just hold them for too long and don't mind if the market is down. This won't last long though but someone should understand that it's how the market works and I think panic is normal for someone who doesn't know what will going to happen in the market especially if they are investing big money.
If most people were clear that every time BTC drops in price, that means that at any moment there could be a bullish rally, and that probably means the new state of a possible new ATH, we all know that the new BTC ATH they are very good, some predict the BTC at $100k, others at $150k and I think it can happen, but the only thing that is stopping it is the wars, the Ukraine vs Russia, also the possible war between China and Taiwan, are things that are on the table, but when it happens it will undoubtedly cause a big drop in the speculative markets, including the panicked btc.
full member
Activity: 1204
Merit: 110

People should have this kind of mindset on where inflation is inevitable therefore the main solution is to make yourself sustainable despite of these conditions and that would be
via various sources of income which you could made whether it do came from other work or would really be through investment.We cant just really able to avoid these scenario
or circumstances where everyone would really be having the chance on experiencing it.Speaking about crypto market fluctuations then better get used to it because
if you do make yourself panic then you would really be in lost track on doing possible recovery or other options to handle out your investment.
One thing is for sure - that is nothing is going to get better. Be it inflation or other trouble.
Life is not a bed pf roses and one thing or the other will keep coming everyday - let's pray to lord that we are not tested beyond our strength.
hero member
Activity: 2548
Merit: 533
Being positive when we trade is the main capital because with great patience and seeing opportunities that will happen in the future when looking at all discount prices, people who have a strong mentality will get big profits by shopping at the right time because we get Bitcoin prices. fell significantly during the last 1 month so many people panicked there and suffered heavy losses due to panic to secure assets so as not to fall too deep again.
Even if the things get better - one should not stop having a side hustle so that inflow of the money keep topping up your account.
The things would not come back to normal - the inflation will keep bothering people through out the world - its a global issue. So better work a bit harder and bit smarter - save the leaks of your money. An enjoy life~
People should have this kind of mindset on where inflation is inevitable therefore the main solution is to make yourself sustainable despite of these conditions and that would be
via various sources of income which you could made whether it do came from other work or would really be through investment.We cant just really able to avoid these scenario
or circumstances where everyone would really be having the chance on experiencing it.Speaking about crypto market fluctuations then better get used to it because
if you do make yourself panic then you would really be in lost track on doing possible recovery or other options to handle out your investment.
full member
Activity: 952
Merit: 105
Being positive when we trade is the main capital because with great patience and seeing opportunities that will happen in the future when looking at all discount prices, people who have a strong mentality will get big profits by shopping at the right time because we get Bitcoin prices. fell significantly during the last 1 month so many people panicked there and suffered heavy losses due to panic to secure assets so as not to fall too deep again.
Even if the things get better - one should not stop having a side hustle so that inflow of the money keep topping up your account.
The things would not come back to normal - the inflation will keep bothering people through out the world - its a global issue. So better work a bit harder and bit smarter - save the leaks of your money. An enjoy life~
full member
Activity: 1204
Merit: 110
Being positive when we trade is the main capital because with great patience and seeing opportunities that will happen in the future when looking at all discount prices, people who have a strong mentality will get big profits by shopping at the right time because we get Bitcoin prices. fell significantly during the last 1 month so many people panicked there and suffered heavy losses due to panic to secure assets so as not to fall too deep again.
The only solution to this panic is financial freedom -  those who have worked hard and invested at the right time are successful people.
However - people like me are now in the state of panic after losing the job which was my only source of income. Thanks to these signature campaigns - I am able to survive.
member
Activity: 83
Merit: 11
Being positive when we trade is the main capital because with great patience and seeing opportunities that will happen in the future when looking at all discount prices, people who have a strong mentality will get big profits by shopping at the right time because we get Bitcoin prices. fell significantly during the last 1 month so many people panicked there and suffered heavy losses due to panic to secure assets so as not to fall too deep again.
hero member
Activity: 2996
Merit: 609

I know plenty of people who are buying millions of dollars worth of bitcoin right now, all because they know that even if it is just a 5% return, that is a ton of money and could be made in a few days, by next week. If you make moves based on your smaller amount, saying 1000 dollars investment doesn't worth the 5% return, then you will not make money like they do.
Who are these rich people - in our country people don't have money to buy food. The inflation in my country has reached to 25% and the official says it will reach to 30% or more. The petrol prices are at the hike. There is nothing in control - although everyone needs financial freedom but now it is very difficult. This is very tough time.
This would really be survival of the fittest and fighting against inflation or in speaking with survivability on our living then its up to someone on finding another source of income which would really make

yourself at least able to handle the situation but of course this isnt for anyone and it do actually depends on someone capability or capacity on doing extra jobs that requires specific skill set.

Sometimes its easy to make yourself to be that optimistic in things in life but when you are reaching into the point that you had done your best and extreme effort but still not really
that enough then this is where panic begin.
sr. member
Activity: 1274
Merit: 265

I know plenty of people who are buying millions of dollars worth of bitcoin right now, all because they know that even if it is just a 5% return, that is a ton of money and could be made in a few days, by next week. If you make moves based on your smaller amount, saying 1000 dollars investment doesn't worth the 5% return, then you will not make money like they do.
Who are these rich people - in our country people don't have money to buy food. The inflation in my country has reached to 25% and the official says it will reach to 30% or more. The petrol prices are at the hike. There is nothing in control - although everyone needs financial freedom but now it is very difficult. This is very tough time.
legendary
Activity: 2002
Merit: 1072
Leading Crypto Sports Betting & Casino Platform
I totally agree that things will go back to normal. Feeling a bit of fear is perfectly normal when your investing but feeding the fear and ruminating on it is not helping your mind or your wallet.

I recommend just trying your best to stay calm, exercise more and find your inner confidence that things will turn around eventually. Personally, I don’t even look at my wallet anymore because right now it’s a bit of a waiting game until the markets level out.
Yeah when we see our wallet down by more than 50% there's only depression and panic in our minds so we can't think clearly to make the next decision. Leave it alone is one of best choice right now I think until the market back to normal or recover. Well even it's easy to tell but let's practice more rather than just panic sell and lose our investment.
This is a timing situation and if you could time it right then you could make an insane amount of return from it for sure. I believe that the best thing to do right now would be making a huge purchase. If you buy bitcoin at this price then you should be making a great return not too long time later.

I know plenty of people who are buying millions of dollars worth of bitcoin right now, all because they know that even if it is just a 5% return, that is a ton of money and could be made in a few days, by next week. If you make moves based on your smaller amount, saying 1000 dollars investment doesn't worth the 5% return, then you will not make money like they do.
full member
Activity: 952
Merit: 105
Panic should be the last thing an investor can think about if he wants to succeed in this business. And if thoughts about this do appear, then you need to immediately drive these thoughts away from yourself, calm down and pull yourself together, because panic moods can only spoil the situation, and then only aggravate the situation. No matter how banal it sounds, you need to think in advance about such difficult situations and plan what actions will be taken. It is always necessary to have spare options and not put all the eggs in one basket, that is, not to keep everything in one kind of cryptocurrency, also part of it needs to be kept in stablecoins. It should also be borne in mind that a collapse is always followed by some rebound, which can compensate for some losses.
Strange times for all those who have not made investments earlier. But the inflation is killing everyone. I am not sure but in our city now there is less rush on the roads - people don't leave house unnecessarily and when they leave they don't leave for one task. They gather most of the tasks and than take out their car.
Pages:
Jump to: