Fear is not Real. - page 3. | Bitcointalksearch.org

Betwrong

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Quote from: Altryist on January 31, 2022, 11:14:11 AM

Quote from: Slow death on January 31, 2022, 04:57:52 AM

~

A person will have fear at any level, even now when bitcoin is not worth 68,000, but 38000, people are still afraid that it may fall lower. And if the price will be 20k, the person will still have the same fear. But I agree with you that the exit point should be determined at the stage of buying a coin. Greed is perhaps an even more terrible enemy of people than fear.

I absolutely agree with you. I mean, it's not "perhaps", greed is definitely much worse than fear. You might not earn big profits because of your fear, but because of your greed you can lose everything you have. I think it would be right to say, "Don't be afraid of holding when it's crashing big time", but it would right only if the amount invested was not that significant for you.

wajik-tempe

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Quote from: uneng on February 01, 2022, 07:15:59 PM

Fear only affects the small fishes which have no influence over bitcoin's price. If they sell their coins or not, it won't have any impact on bitcoin price at all... The problem are the whales moving huge amounts of bitcoins in single transactions. And they don't do this because they fear the market, rather they sell their coins because a more tempting opportunity is disponible to them (like the currently increase in interest rates in USA) in another market.

So, it's not fear the cause of bearish markets and crashes in price. It's just the lack of temporary interest from big investors for crypto universe because their money is generating more income by sitting somewhere else...

It's not true, the fact is small fishes is everywhere in crypto and a group of small fishes could be the same size of a whale, so if they are panicked reading about bad news it could also impact the market, that's the target of the whales they want to make them panicked to the price will be lower before the whales are buying at the dip while the newbies are FOMO when it starts to rise again.

lalabotax

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Quote from: Tony116 on February 01, 2022, 08:30:39 PM

Actually it is also needed to accumulate the market condition, right? If people don't have any fear to sell their Bitcoins then institution will never be able to buy a lot of coins within short period.

People must have fear, it is normal. It is impossible to expect everyone has no fear, investment should always have some risks that make people be fear. As long as the market condition is changeable, fear will exist. But sure, fear isn't always a bad thing, it sometimes gives us a chance to buy at a low price. If people aren't fear, they mustn't sell at a cheap price.

Quote from: Tony116 on February 01, 2022, 08:30:39 PM

Another thing is long term hodling is not for newbies. Actually, new traders are always worried about their investment and start panicking as soon as they see bearish conditions.

Why don't? Depends on the coin. If it is Bitcoin, holding it for a long time is very appropriate for newbies. Bitcoin value is increasing from one halving to another halving, we may see Bitcoin price above $80k in the next halving, in 2024-2025. So, for newbies, it is the right decision to buy Bitcoin now and hold it until the next halving.

Tony116

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Quote from: uneng on February 01, 2022, 07:15:59 PM

Fear only affects the small fishes which have no influence over bitcoin's price. If they sell their coins or not, it won't have any impact on bitcoin price at all... The problem are the whales moving huge amounts of bitcoins in single transactions. And they don't do this because they fear the market, rather they sell their coins because a more tempting opportunity is disponible to them (like the currently increase in interest rates in USA) in another market.

So, it's not fear the cause of bearish markets and crashes in price. It's just the lack of temporary interest from big investors for crypto universe because their money is generating more income by sitting somewhere else...

Actually it is also needed to accumulate the market condition, right? If people don't have any fear to sell their Bitcoins then institution will never be able to buy a lot of coins within short period. Cheesy

Another thing is long term hodling is not for newbies. Actually, new traders are always worried about their investment and start panicking as soon as they see bearish conditions. Only those who have been monitoring Bitcoin for a long time can do long-term hodling. In short trading, the risk is higher than the profit, whereas if you can hold long term, it is normal to gain your investment 2x or 3x.

uneng

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Fear only affects the small fishes which have no influence over bitcoin's price. If they sell their coins or not, it won't have any impact on bitcoin price at all... The problem are the whales moving huge amounts of bitcoins in single transactions. And they don't do this because they fear the market, rather they sell their coins because a more tempting opportunity is disponible to them (like the currently increase in interest rates in USA) in another market.

So, it's not fear the cause of bearish markets and crashes in price. It's just the lack of temporary interest from big investors for crypto universe because their money is generating more income by sitting somewhere else...

Fatunad

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Quote from: Kelvinid on February 01, 2022, 06:46:21 PM

Quote from: uchegod-21 on February 01, 2022, 05:03:54 PM

Fear of missing out and fear, uncertainty and doubt are not only words that is associated to cryptocurrency alone.
These are words that is associated to human behaviour. It is what human being does even before cryptocurrency came to exist.
Now that it has find meaning in cryptocurrency, it means it will remain in the system as long as human being is in cryptocurrency.
Humans are full of uncertainty and fear. Fear of not hodling and fear of missing out.

And everyone had carried that kind of behavior, it was just about to happen that some people were will able to control it. But we can never think that we can control to the fullest as normally, being a human being will feel that.

This is how the system works and besides, FEAR had something to do with the market and this even make it more volatile. In fact, FEAR has a huge influence on decision-making, and this is sometimes a cause of our losses. Whether we like it or not, FEAR will exist on us and we can't rid it out no matter what we do.

Fear or other related emotions would really be there thats why its not surprising that there are market conditions which do shows a valid proof on how its been mainly affected with fear specially into those
times on where FUD do happens which you could see that everywhere there's a blood on the streets and investors are really that hesitant on making out investment decisions within these times
thats why success would really be varying on someone on how they would dealt up with the market.

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Quote from: uchegod-21 on February 01, 2022, 05:03:54 PM

Fear of missing out and fear, uncertainty and doubt are not only words that is associated to cryptocurrency alone.
These are words that is associated to human behaviour. It is what human being does even before cryptocurrency came to exist.
Now that it has find meaning in cryptocurrency, it means it will remain in the system as long as human being is in cryptocurrency.
Humans are full of uncertainty and fear. Fear of not hodling and fear of missing out.

And everyone had carried that kind of behavior, it was just about to happen that some people were will able to control it. But we can never think that we can control to the fullest as normally, being a human being will feel that.

This is how the system works and besides, FEAR had something to do with the market and this even make it more volatile. In fact, FEAR has a huge influence on decision-making, and this is sometimes a cause of our losses. Whether we like it or not, FEAR will exist on us and we can't rid it out no matter what we do.

uchegod-21

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Fear of missing out and fear, uncertainty and doubt are not only words that is associated to cryptocurrency alone.
These are words that is associated to human behaviour. It is what human being does even before cryptocurrency came to exist.
Now that it has find meaning in cryptocurrency, it means it will remain in the system as long as human being is in cryptocurrency.
Humans are full of uncertainty and fear. Fear of not hodling and fear of missing out.

savetheFORUM

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Quote from: Mame89 on January 30, 2022, 10:12:27 PM

Bitcoin may be temporarily down as interest rates are currently rising. I think the decline will be temporary, and for those who already hold BTC I think there is no need to sell it at the current price if you need to collect as much BTC as we can and hold it for a long period of time and just ignore what people say that are not convincing.

It’s not really about ignoring what people are having to say, it’s mainly about you knowing what is right and what is wrong information in the market. If you decide to keep on ignoring every thing and every information that you’re being given, you might be ignoring the right information that would be of use to you and you wouldn’t know that.

So, it is very important you know what’s right and wrong, be able to filter whatever information and get the right ones. Sometimes you don’t need anybody to guide you ,you just need your thoughts to guide you in making the right decision that you’re meant to make.

Mahanton

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Quote from: bitbunnny on January 31, 2022, 04:29:58 PM

When it comes to Bitcoin there is always a little bit of fear. Or maybe fear is too strong word but caution might be appropriate. Any serious Bitcoin holder isn't fully relaxed even when the market is fully green.
Too much emotions could be bad and prevent you from rational thinking and decision making however you can't exclude it entirely. If you ask me s small amount of fear is good and keeps you awake.

Fear level would depend on how experienced you are on which if you arent that experienced enough then you would really be having that kind of fear which is on higher level.
but if you are aware on how things works on this market then you wouldnt really make yourself on rattling whenever you do experience out things but if you are just new
then its normal that you would really be having these kind of reactions but if not then it is really just common.

bitbunnny

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When it comes to Bitcoin there is always a little bit of fear. Or maybe fear is too strong word but caution might be appropriate. Any serious Bitcoin holder isn't fully relaxed even when the market is fully green.
Too much emotions could be bad and prevent you from rational thinking and decision making however you can't exclude it entirely. If you ask me s small amount of fear is good and keeps you awake.

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Will Smith made an entire movie about this, complete with big scary fear sensing monsters and a young boy's struggle to contain his emotions. Not a bad flick actually. The movie was called After Earth and here's the quote I'm referring to:

Quote

Fear is not real. The only place that fear can exist is in our thoughts of the future. It is a product of our imagination, causing us to fear things that do not at present and may not ever exist. That is near insanity.

https://www.youtube.com/watch?v=wSKzLtRzY78

I've seen so many people make bad decisions out of fear. I think it's best to train yourself to not have fear. Whether this be with desensitizing yourself to scary situations or just making a conscious effort to disregard emotions that will be harmful in intense situations. Personally, I like to watch lots of horror movies late at night and put myself in situations that others may find uncomfortable. As a result, when in dangerous situations I do not cower in fear, but step forward with an adrenaline rush and sense of excitement.

carlfebz2

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Quote from: Altryist on January 31, 2022, 11:14:11 AM

Quote from: Slow death on January 31, 2022, 04:57:52 AM

It depends on the situation, there are situations where fear saves us. and also in the world of investments fear can be a great ally, for example when the price was at $68000, all people who were afraid that the price could drop a lot they sold and today they can buy more bitcoins, so in this case fear was the salvation of these people. blind hodl is the biggest danger I see, people need to know entry point and sell point they can't just think that they will only be buying and doing eternal hold and that even when the price drops a lot they can't sell, an explosion like that scenario is the current scenario where people are at a loss because they bought in the $68000

A person will have fear at any level, even now when bitcoin is not worth 68,000, but 38000, people are still afraid that it may fall lower. And if the price will be 20k, the person will still have the same fear. But I agree with you that the exit point should be determined at the stage of buying a coin. Greed is perhaps an even more terrible enemy of people than fear.

You would really be on fear on these kind of conditions neither you are a newbie or an experienced person which is truly unavoidable because we are just humans.It is just normal to have these kind of

reactions whenever prices do decline out which that tingle feeling would really be felt out but the difference into those people who are experienced is that they do able to handle such situation

since they are fully aware on whats its behavior compared into those new ones and thats the edge if you do ask me.

ThereinX

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Zanab247

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To some people fear is not real but for me fear is real, or since I missed many opportunities to sell when the price was high and I feel it will still go up before I can release them for sale that made me to lose profits last year 2021, Bitcoin price has dropped to $37 that is making many investors to start worry about their holding if what happened last year will still repeat itself again. Many people has not recover from the shock they got from exchange market during Christmas and new year celebration.
Since bitcoin has decreased to $37, there is a great fear to those that need huge amount of money to do one or two things in the community.

lixer

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Quote from: Mamun74 on January 31, 2022, 10:29:53 AM

Many People join investment in bitcoin 2020-2022 i think they don’t know bitcoin long journey. When I'm start about bitcoin journey then bitcoin price was too low like $300-400$ but some previous year bitcoin price was around $1-2$ this time but now bitcoin price huge increase and touched $65k+ in 2021.

Why will they invest from something that they are not familiar with? But, if they did then those people are already bankrupt and have left the bitcoin scene. However there are people that joined late but they are different from the first one that I said because they did a research first if what is btc and what is its story. Good for you that you know bitcoin earlier than most of us but the era were you start looks traumatic.

My salute goes to you guys old hodlers because you manage to overcome your fears . you deserve whatever profits you got now in btc. Let's hope that newbies in this scene will learn from your past experiences.

Altryist

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Quote from: Slow death on January 31, 2022, 04:57:52 AM

It depends on the situation, there are situations where fear saves us. and also in the world of investments fear can be a great ally, for example when the price was at $68000, all people who were afraid that the price could drop a lot they sold and today they can buy more bitcoins, so in this case fear was the salvation of these people. blind hodl is the biggest danger I see, people need to know entry point and sell point they can't just think that they will only be buying and doing eternal hold and that even when the price drops a lot they can't sell, an explosion like that scenario is the current scenario where people are at a loss because they bought in the $68000

A person will have fear at any level, even now when bitcoin is not worth 68,000, but 38000, people are still afraid that it may fall lower. And if the price will be 20k, the person will still have the same fear. But I agree with you that the exit point should be determined at the stage of buying a coin. Greed is perhaps an even more terrible enemy of people than fear.

Mamun74

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Many People join investment in bitcoin 2020-2022 i think they don’t know bitcoin long journey. When I'm start about bitcoin journey then bitcoin price was too low like $300-400$ but some previous year bitcoin price was around $1-2$ this time but now bitcoin price huge increase and touched $65k+ in 2021.

Betwrong

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Quote from: Slow death on January 31, 2022, 04:57:52 AM

Quote from: Mauser on January 31, 2022, 04:22:23 AM

I am with you on this one, acting out of fear is general not a good idea.

It depends on the situation, there are situations where fear saves us. and also in the world of investments fear can be a great ally, for example when the price was at $68000, all people who were afraid that the price could drop a lot they sold and today they can buy more bitcoins, so in this case fear was the salvation of these people. blind hodl is the biggest danger I see, people need to know entry point and sell point they can't just think that they will only be buying and doing eternal hold and that even when the price drops a lot they can't sell, an explosion like that scenario is the current scenario where people are at a loss because they bought in the $68000

Good point. Although I personally think that while we are below $200k you can safely buy at any ATH and still be in profit in the long run, at this moment you are right saying that fear saved some people from buying at $68k+. Indeed right now they can simply buy more BTC for the same money. It's only when you can afford holding for several years, in other words, when you will certainly don't need the money spent on buying BTC for a long time, you can fearlessly invest those money in Bitcoin.

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Quote from: bounceback on January 31, 2022, 04:07:50 AM

Quote from: noormcs5 on January 20, 2022, 05:03:44 AM

If fear was not real, we would not have seen selling pressure on Bitcoin prices. Unfortunately, the fear is real but the genius are those who buy in fear times instead of selling. That's how you can get crypto at a very cheap prices. Buy on fear and sell on greed is a secret to sucess.

Fear is only real for people who can't control their panic as we have seen before, whenever there is a downturn in the market then most people can't control their panic of course they are afraid the market will lose price forever, thereby causing them to sell all their assets despite losing.

I agree with you but I think that most retailers are mostly looking for quick profit so we could always expect to see these reactions in the market during any correction but the true believers that know that investment best result for investment are mostly over a longer time, those don't exhibit such fear plus they understand the market.

Topic: Fear is not Real. - page 3. (Read 2043 times)