Bitcoin is one area where many investors were burnt but stock market is another. There are so many people who lost their savings due to stock market losses. The biggest lately is Tesla stock.
Even one guy says he lost $10M of his families retirement due to overinvesting in Tesla and it’s not the only company. Meta, Netflix, Nvidia, Etc where all stocks that were popular and ongoing huge corrections.
Topic: Each time you see a red candle! - page 3. (Read 376 times)
The worst state of any investor is to be at long term loss. It comes with so much anxiety, anger, Fuddity, pressure, spoiled plans and many more ill happenings. But I see it as a time to abandon the old investment and focus on taking advantage of the bear moment seeking for new opportunities because as far as Bitcoin is concern there are new opportunities in every cycle. The beauty of an investment is in its quantity because with much quantity comes so much value.
One of the biggest issues Bitcoin buyers face is that they use money meant to solve an urgent need to invest and end up selling at a loss to meet up with the need. Investment is best done with funds that don't have used in the nearest future, I prefer to call it errand money and because it is an errand money it is not meant to return immediately so errand takes longer time before they get delivered. The beauty of Bitcoin is long term investment. Hodl until it turns green. If it is not green, it isn't ripe for harvest. Each time a red candle appears, it is a signal to look out for buying opportunities.
The truth is that a great deal of investors which put their sights in this market do not really have what it is needed to become successful in this market, at the most basic level you only need two things and that is seed capital and knowledge about investing, and most of those investors do not have either of those two things, they do not know anything about investing and they do not have the money to spare either, because as you mention at the first sign of trouble they sell their coins as they simply cannot afford to lose any money, even if this is inevitable for any investor during their careers. One of the biggest issues Bitcoin buyers face is that they use money meant to solve an urgent need to invest and end up selling at a loss to meet up with the need. Investment is best done with funds that don't have used in the nearest future, I prefer to call it errand money and because it is an errand money it is not meant to return immediately so errand takes longer time before they get delivered. The beauty of Bitcoin is long term investment. Hodl until it turns green. If it is not green, it isn't ripe for harvest. Each time a red candle appears, it is a signal to look out for buying opportunities.
The worst state of any investor is to be at long term loss. It comes with so much anxiety, anger, Fuddity, pressure, spoiled plans and many more ill happenings. But I see it as a time to abandon the old investment and focus on taking advantage of the bear moment seeking for new opportunities because as far as Bitcoin is concern there are new opportunities in every cycle. The beauty of an investment is in its quantity because with much quantity comes so much value.
You only lost when you sell your crypto at a price lower that you bought it. And so it's a paper lost if you just hold on your crypto and not willing to sell unless you really make some money or wait till the next bull run.
One of the biggest issues Bitcoin buyers face is that they use money meant to solve an urgent need to invest and end up selling at a loss to meet up with the need. Investment is best done with funds that don't have used in the nearest future, I prefer to call it errand money and because it is an errand money it is not meant to return immediately so errand takes longer time before they get delivered. The beauty of Bitcoin is long term investment. Hodl until it turns green. If it is not green, it isn't ripe for harvest. Each time a red candle appears, it is a signal to look out for buying opportunities.
If that is the case then you are not investing what you can afford to lose simply as that. Because if the money that are you investing are just for investing itself then why would you sell at a lost? So yeah, just invest some errand money or just extra in your pocket and look for the long term returns.
Hodl until it turns green. If it is not green, it isn't ripe for harvest. Each time a red candle appears, it is a signal to look out for buying opportunities.
As trading is a course to learn, hodl is simpler but it is worth learning too which is not difficult at all. Assuming bitcoin was at $50000 and you bought $250 worth of it. When it decreased to $30000, you bought $250 of it. When it got to $20000, you bought another $250. When it got to $16500 and stayed for long, you bought $250 of it. The average buying when you will start making profit would be $23300 while the price you bought in average would further decrease to favour you as you buy more at lower price.Do not just buy bitcoin at once, have a plan like averaging.
To avoid fear or pressure, know what you are doing. A long candle won't mean that it is the end of a 'rally'. The market itself is unpredictable; even TAs are just for guidance only and won't mean certainty with the market price behavior.
The worst state of any investor is to be at long term loss. It comes with so much anxiety, anger, Fuddity, pressure, spoiled plans and many more ill happenings.
Since you've engaged to long term invest, that should be normal because that is the 'gamble' to long term holding. If this is the case, I think (if I'm wrong please correct me) investor id at fault if he would suffer from lomg term loss. In the first place, not because it is long term, you won't take precautionary actions to either cut or endure the loss. You still need to measure if there are possibilities of recovery or not; whether to move from one to another token. 
Sounds and it do looks simple but this isnt something that you could easily deal with because as a human being you would really be looking for the bottom price as low as possible.
Also we are that having those emotions which you cant really assure yourself that you would be able to withstand market swings and so as with your emotional swings too.
Honestly, it is really hard to control it out if you dont have that sufficient experience and awareness about this market.This isnt something you could really
deal with.
Also we are that having those emotions which you cant really assure yourself that you would be able to withstand market swings and so as with your emotional swings too.
Honestly, it is really hard to control it out if you dont have that sufficient experience and awareness about this market.This isnt something you could really
deal with.
The worst state of any investor is to be at long term loss. It comes with so much anxiety, anger, Fuddity, pressure, spoiled plans and many more ill happenings. But I see it as a time to abandon the old investment and focus on taking advantage of the bear moment seeking for new opportunities because as far as Bitcoin is concern there are new opportunities in every cycle. The beauty of an investment is in its quantity because with much quantity comes so much value.
One of the biggest issues Bitcoin buyers face is that they use money meant to solve an urgent need to invest and end up selling at a loss to meet up with the need. Investment is best done with funds that don't have used in the nearest future, I prefer to call it errand money and because it is an errand money it is not meant to return immediately so errand takes longer time before they get delivered. The beauty of Bitcoin is long term investment. Hodl until it turns green. If it is not green, it isn't ripe for harvest. Each time a red candle appears, it is a signal to look out for buying opportunities.
One of the biggest issues Bitcoin buyers face is that they use money meant to solve an urgent need to invest and end up selling at a loss to meet up with the need. Investment is best done with funds that don't have used in the nearest future, I prefer to call it errand money and because it is an errand money it is not meant to return immediately so errand takes longer time before they get delivered. The beauty of Bitcoin is long term investment. Hodl until it turns green. If it is not green, it isn't ripe for harvest. Each time a red candle appears, it is a signal to look out for buying opportunities.
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