Topic: Don't be discouraged! Keep holding. - page 20. (Read 3577 times)
This is what we need to take in. If we fail in crypto trading, don't be discouraged but we should make it as our key to success. Everything will become fine, if we just hold on. Discourage scenario is happening when bear market goes on and we are thinking to sell all our coins so that we cut our losses. But then, the best thing to do is to hold on after all, we can see that price will go back again.
I bought bitcoin when it was around $14,500 in January and I am still holding because I am not discouraged. I have great hope that bitcoin is going to increase in price and volume in some years to come.
I do agree with your decision on not to sell despite of the loss due to the down trend this year. It won't be a complete loss if you won't choose to let go already because it is just the market value of Bitcoin which is gowing down not the amount of your holdings or investment perhaps. Ofcouse, once recovery happen, profit will again be earned. And given that dumps are temporary, it is I think an enough reason to hold. 
I bought bitcoin when it was around $14,500 in January and I am still holding because I am not discouraged. I have great hope that bitcoin is going to increase in price and volume in some years to come.
That's right don't just get discouraged by the trend of the market today everything will going back to normal and what we are experiencing is just a normal flow of the market. Just HODL if you feel like you lost more than of your investments in your portfolio. Just relax and be patience and stop looking always the market of how it always goes down it will feel you more stressed and might triggered you to panic selling. 
I think HODLing for now is by far the best option. The market and BTC value is expected to rise by the end of the year and there's no point in losing faith now. Things are banned to get better.
Edit: Glad to see some positivity in this thread, that's what I like!
Edit: Glad to see some positivity in this thread, that's what I like!
I am aware what kind of market cryptomarket is, so I'm not that easily upset or discouraged, so I keep HODLING!
May the power of Bitcoin be with you!
May the power of Bitcoin be with you!
You're great, I can't imagine if I became you now. I also have the same beliefs as you, but my weakness is panic about the risks that could occur. Anything can happen to cryptocurrency, hopefully next year is a bright day for all ( HODLER ALWAYS WIN ) .
. I bought bitcoin when it was around $14,500 in January and I am still holding because I am not discouraged. I have great hope that bitcoin is going to increase in price and volume in some years to come.
Well, that is very good, hoping you are not affected by the panic of the downward market to pull your stock, I am sure that the bearishness in the current year will be over, and believe in your confidence by holding it up will definitely happen even though little by little The price has already gone down. The best thing to do is to keep holding. If you sell now, you would e counter huge loss. If you have more fiat, I would advice you to buy more cheaper at this rae and hold
It is usually the way to go most of the time, to at least get the best of the market in the long run. We all make mistakes, but understanding that investing for the long term is never a mistake would make anyone to keep having the hope in the future of cryptocurrency and to also know that holding, even though could be a tough call is a better way to go most especially if you bought at the top.Nevertheless, another way to even gain more in the long run is to buy more of the dips if you have some cash to spare. It works a whole lot because as the market is recovering, you are already being compensated from the dip you bought.
Dont be discouraged. The market fluctuates and is volatile enough. Keep holding your coins even as it is down. Do not sell in loss, hold it for the long term and you would see exponential growth in this same market in the long run
You need to forget about crypto currency for a while. I think that you can come here in a year or two and see what will happen.
The price has already gone down. The best thing to do is to keep holding. If you sell now, you would e counter huge loss. If you have more fiat, I would advice you to buy more cheaper at this rae and hold
It is good to hold coins and the market is not god to make any transaction while this is investment opportunity for the future. I would like to encourage people towards economy and if i keep holding crypto for future then it is really good for us and for those who love to invest in very profitable business.
You're right, as a long term hodler and also have btc that I bought when the value is in peak price I am not discourage even the current price is not what I expected it to be. Just keep holding because even the price is declining our btc holdings is still intact as long as we dont sell, we just have to wait for the bull market who knows we might experience it again in the last quarter like what happened last year.
Instead of thinking negative thoughts its better to be optimistic and deal with this situation without stressing ourselves. We know the market is high volatile and unpredicted hence many possibilities can happen lets keep holding and take this bear market positively.
Instead of thinking negative thoughts its better to be optimistic and deal with this situation without stressing ourselves. We know the market is high volatile and unpredicted hence many possibilities can happen lets keep holding and take this bear market positively.
Yes, in the present situation of the market we have to hold until the market starts recovering because many people will lose their patience if it takes more than one year to increase their price. People should always remember one thing we need a lot of patience in order to order to make a good amount of money.
Its a great dedication, the users need this kind of encouragement to pass this long bear market condition, and the price fall down more than 50% and causing a lot of frustration, but I think bitcoin will able to find it's best performance, there are still potentials that wait to unrevealed, I also enter the market at the wrong time but until now I still hold my coin
I also agree that bitcoin will still grow well in price and other cryptocurrencies that have real activity and demand in some areas of life!
it is true that we do not need to be discouraged by the very low price of bitcoin like this, because I also believe that the price of bitcoin will return above the peak price in 2017 yesterday.
that can be the only strategy which can prevent us from a big lost. in fact most of the people lose their heart when the price fell down and then stay down for a long time. they want to get rid from the market even if they will lose their money.
Holding till maturity and value appreciation is the name of the game, you can not be successful in cryptocurrency if you are not patient to go through all market situation to the extent that your patience pay off.
I bought bitcoin when it was around $14,500 in January and I am still holding because I am not discouraged. I have great hope that bitcoin is going to increase in price and volume in some years to come.
You have better faith than I do, already cut loss because my analyze show that this situation will continue until end of the year. I see crypto is like gold, they have similar pattern and if they have the same moving and I keep hold my asset, stuck in long term period will be mine. I hope my step is right and I don't regret it, just keep trying and see you next time.
Moreover, we go from here though, time will tell and the best thing is to just try to see how the market is going to end up developing rather than trying to rush in so fast. Experience thought me that anyway as a trader. The thing with the market is that there is a lot of uncertainty, and it is best to keep that at the back of one's mind if trading this market at this point since it is a lot of risk.
I bought bitcoin when it was around $14,500 in January and I am still holding because I am not discouraged. I have great hope that bitcoin is going to increase in price and volume in some years to come.
That is really a bad thing for you, but don't worry! Everything will goes back to its price. Just wait and hold on because I know that the result of ETF will become successful and it is a positive views for all of us. I will store bitcoin today specially if I recieved the payments of the bounties I have joined. Jump to: