Many people have their doubts on themselves if this is an ideal to make an investment with this coin or just ignore this coin and nothing will happen on it. Its all about the risk taken by the investor it's a high risk-reward. We have different situations and financial stability so it's one of the factors too. It's all about the risk that can manage by the investor. This is like if you a change grab it or ignore the opportunity.
People who are not well financially stable would always be worried whenever they invest their money in the cryptocurrency market, because they know that they can be in need of that money that they have invested at any time. So they won’t be able to hold that much and when they notice that the market is going down, they would be forced to sell their position in the market and get off. If you’re not financially stable, sometimes you might have some problems that would require money for you to solve and you’d have no other option than to go ahead and your sell your coins no matter the condition in the market. 
Topic: Fear is not Real. - page 6. (Read 2043 times)
if fear and risk are not real, no one will learn and repent if no trials come and in a loss no one learns something and pays with money. and in these invincible and win games, people are always getting and learning about two things, profit or experience. there is no loss if the reason is money.
90% of crypto geniuses failed just because they failed to HODL it learn from them don't be one of them.
First thing to learn in BTCitcoin is Hodl it - Fear is not Real
First thing to learn in BTCitcoin is Hodl it - Fear is not Real
Majority of new comers (including me when I initially joined crypto) come with mind that they will become rich overnight since thats what crypto is all about. With this mind set they adopt day trading and end up losing all they have. IMO HODLING is the only strategy that can save you from losses in the long run.
Well, it has a possibility, but not that high since the market is very volatile. I think this mindset comes with all investments, like when they are putting up a store and thinking that they will gain their capital in just a week or more. That's why there are a lot of people getting scammed and losing their money because they want easy and fast money, like they want to be millionaires over night, and that ain't gonna happen. We should consider both sides, both profit and loss.
90% of crypto geniuses failed just because they failed to HODL it learn from them don't be one of them.
First thing to learn in BTCitcoin is Hodl it - Fear is not Real
First thing to learn in BTCitcoin is Hodl it - Fear is not Real
Majority of new comers (including me when I initially joined crypto) come with mind that they will become rich overnight since thats what crypto is all about. With this mind set they adopt day trading and end up losing all they have. IMO HODLING is the only strategy that can save you from losses in the long run.
The fear of traders about learning bitcoin is quite understandable. Everything is pretty simple - what is worth only is how often the price of bitcoin changes.
The topic is about fear and FOMO which are psychological phenomenon that can be shown in a large scale. FOMO is somehow what lead users to create a bubble like what happened re cently with Elon Musk Tweets.
By bringing crypto further into the mainstream, the fearness will decrease as time goes by.
From another side, the actual market situation confirms what i am trying to explain, as we used to see the price getting the highest volatility at every end of a year and the start of a new year. I fund this quote explaining the situation:
2014: $323
2015: $458
2016: $897
2017: $14,577
2018: $4028
2019: $7252
2020: $24,667
2021: $50,946
2022: $.........
2015: $458
2016: $897
2017: $14,577
2018: $4028
2019: $7252
2020: $24,667
2021: $50,946
2022: $.........
Fear and Fomo are real psychological phenomenon and they are reflected on Fear & Greed index. [1]
They also have impacts on price because basically when people are fearful, they will panic sell; when they are greedy, they will FOMO buy. In turn, panic sell makes price dump and FOMO buy causes price pump.
[1] https://alternative.me/crypto/fear-and-greed-index/
If you check the Fear & Greed Index chart and compares it with Bitcoin price chart, you will see how Fear and Greed affects market price. Today the index is about 40 and Bitcoin gradually rallies from the extremely panic area below 20 of the Index, a few weeks ago.
They also have impacts on price because basically when people are fearful, they will panic sell; when they are greedy, they will FOMO buy. In turn, panic sell makes price dump and FOMO buy causes price pump.
[1] https://alternative.me/crypto/fear-and-greed-index/
If you check the Fear & Greed Index chart and compares it with Bitcoin price chart, you will see how Fear and Greed affects market price. Today the index is about 40 and Bitcoin gradually rallies from the extremely panic area below 20 of the Index, a few weeks ago.
Many people have their doubts on themselves if this is an ideal to make an investment with this coin or just ignore this coin and nothing will happen on it. Its all about the risk taken by the investor it's a high risk-reward. We have different situations and financial stability so it's one of the factors too. It's all about the risk that can manage by the investor. This is like if you a change grab it or ignore the opportunity.
Those people who have doubt in bitcoin never really know what or how bitcoin works. They just assumed that it's just like an internet money which gonna fade away over time. Blockchain technology is new to them that's why they didn't understand the concept of how bitcoin works.Those who risk of investing in bitcoin cherish their profit nowadays if they were the early adopters.
No matter what the Op say, bitcoin will never be a stable coin due to the traders and other factors that would appreciate the price in the future and it's always that way.
Many people have their doubts on themselves if this is an ideal to make an investment with this coin or just ignore this coin and nothing will happen on it. Its all about the risk taken by the investor it's a high risk-reward. We have different situations and financial stability so it's one of the factors too. It's all about the risk that can manage by the investor. This is like if you a change grab it or ignore the opportunity.
~
Basically. Some investors are particularly good at generating a profit in the short term, and while Bitcoin is at its most volatile its probably a good idea to do frequent trading if your good at predicting the market. To me personally it's never easy. When I see Bitcoin dropped 20% I often think the trend will continue, and if I might need some extra money in the nearest future, I would cash out only to see BTC starting to rise the next day. And when I see an ATH but no money is needed at the moment, I don't cash out even a bit, and later I see that I missed a good opportunity to get the same $200 for lesser amount of satoshis.
I still cannot understand what's so attractive in this phrase. Yes, 1 BTC = 1 BTC, just how 1 USD = 1 USD; it's the exchange rate that changes.
There can be different meanings to it, depending on what your interpretation of it is. I've always seen it as; Bitcoin is more valuable than the current exchange rate suggests, so I treat the current price of Bitcoin differently to its value. At the moment, I consider my Bitcoin invaluable, and not something I routinely use as a currency. Whereas, those that look at the price of Bitcoin regularly are more likely either withdrawing, and depositing frequently, but don't have much of a long term outlook on it. The other interperation is; some people consider Bitcoin a currency, and are a little bit over zealous in my opinion, on being adamant that Bitcoin shouldn't be compared to other currencies, because it's own currency. Having that point of view is fine, but not one I'm particularly keen on. Most assets, and currencies are compared with others, even ones which are vastly different; gold etc.
What is fail from your perspective? If someone made 100x of their investment in 2 years you consider it fail because they could make 10,000x in 10 years? Honestly, I wouldn't call it a fail. Besides, not everyone can hodl all the time. There are situations when you need cash, and you really don't care that what you are selling may cost 20 times more in 2-3 years.
Basically. Some investors are particularly good at generating a profit in the short term, and while Bitcoin is at its most volatile its probably a good idea to do frequent trading if your good at predicting the market. I've also taken Bitcoin out when I've needed a little bit of a boost in fiat, at the moment instead of using Bitcoin as a currency, I'm mainly storing my wealth in it, and then hoping it continues to appreciate in price down the line.
no matter how smart someone analyzes bitcoins will surely find mistakes and this is what creates fear but with the occurrence of mistakes sometimes makes the holder stronger to hold on what will happen is a challenge for holders like bullrun 2017-2018 which is still a scourge for me personally
As long as they can manage their fear and still analyze the bitcoin movement, I am sure they will see a chance to enter the market and trade without making a mistake. That is why every person who wants to enter the market needs to learn to control themselves, especially control the fear that can happen later. It needs the courage to say that they can control the fear while still trying to analyze the market and see their chance to buy low comes.There is a relevant reason for fear to arise, and it is the panic caused by losing money, this is all that causes fear, many who enter the market always have the fear of losing their money, and in fact when entering their capital decreases (more if they do it at the moment) but there is a principle by which everyone must start and that is the fact that the best investments require time, and above all to choose the best stock / currency to invest, no matter the As long as it passes, what matters is that profits can be obtained, in crypto they are obtained quickly compared to the stock market.
Whenever you do tend to resist on not to fear but still it would cripples out into your spine and mind because you do know on what would happen if things gets more worst.
No matter how experienced you are but still it wont be something that cant really be removed on someone for them to feel out.
First thing to learn in BTCitcoin is Hodl it - Fear is not Real
How can you hold if you're lacking of information? I think before learning to hold (no matter what happen), it would be best to fill your mind with knowledge in order to better understand what you're getting into. After digging deeper of what you should know, its the time to decide whats best and beneficial for you in the long run.Having fear is quite normal because there are many uncertainties that could happen along the way. However it depends on your belief on how far the price of BTC can go if you continue to hold.
I think no one on earth knows what the future price of BTC can be.
I disagree with these words by OP
~
90% of crypto geniuses failed just because they failed to HODL ~
90% of crypto geniuses failed just because they failed to HODL ~
What is fail from your perspective? If someone made 100x of their investment in 2 years you consider it fail because they could make 10,000x in 10 years? Honestly, I wouldn't call it a fail. Besides, not everyone can hodl all the time. There are situations when you need cash, and you really don't care that what you are selling may cost 20 times more in 2-3 years.
First thing to learn in BTCitcoin is Hodl it - Fear is not Real
How can you hold if you're lacking of information? I think before learning to hold (no matter what happen), it would be best to fill your mind with knowledge in order to better understand what you're getting into. After digging deeper of what you should know, its the time to decide whats best and beneficial for you in the long run.Having fear is quite normal because there are many uncertainties that could happen along the way. However it depends on your belief on how far the price of BTC can go if you continue to hold.
no matter how smart someone analyzes bitcoins will surely find mistakes and this is what creates fear but with the occurrence of mistakes sometimes makes the holder stronger to hold on what will happen is a challenge for holders like bullrun 2017-2018 which is still a scourge for me personally
As long as they can manage their fear and still analyze the bitcoin movement, I am sure they will see a chance to enter the market and trade without making a mistake. That is why every person who wants to enter the market needs to learn to control themselves, especially control the fear that can happen later. It needs the courage to say that they can control the fear while still trying to analyze the market and see their chance to buy low comes.There is a relevant reason for fear to arise, and it is the panic caused by losing money, this is all that causes fear, many who enter the market always have the fear of losing their money, and in fact when entering their capital decreases (more if they do it at the moment) but there is a principle by which everyone must start and that is the fact that the best investments require time, and above all to choose the best stock / currency to invest, no matter the As long as it passes, what matters is that profits can be obtained, in crypto they are obtained quickly compared to the stock market.
In this matter, we really need to think wise and always calculate and analyze before we decide. Hopefully, that can help us prevent anything bad that can happen and the best is we can manage our feelings, including fear about something.
no matter how smart someone analyzes bitcoins will surely find mistakes and this is what creates fear but with the occurrence of mistakes sometimes makes the holder stronger to hold on what will happen is a challenge for holders like bullrun 2017-2018 which is still a scourge for me personally
As long as they can manage their fear and still analyze the bitcoin movement, I am sure they will see a chance to enter the market and trade without making a mistake. That is why every person who wants to enter the market needs to learn to control themselves, especially control the fear that can happen later. It needs the courage to say that they can control the fear while still trying to analyze the market and see their chance to buy low comes.There is a relevant reason for fear to arise, and it is the panic caused by losing money, this is all that causes fear, many who enter the market always have the fear of losing their money, and in fact when entering their capital decreases (more if they do it at the moment) but there is a principle by which everyone must start and that is the fact that the best investments require time, and above all to choose the best stock / currency to invest, no matter the As long as it passes, what matters is that profits can be obtained, in crypto they are obtained quickly compared to the stock market.
Fear is real and we do felt it and cant be possible be controlled no matter how aware or experienced you are.It is really just differs on how someone would manage out things
according into your past experiences which you could use into your future engagements specially on investment side.
no matter how smart someone analyzes bitcoins will surely find mistakes and this is what creates fear but with the occurrence of mistakes sometimes makes the holder stronger to hold on what will happen is a challenge for holders like bullrun 2017-2018 which is still a scourge for me personally
As long as they can manage their fear and still analyze the bitcoin movement, I am sure they will see a chance to enter the market and trade without making a mistake. That is why every person who wants to enter the market needs to learn to control themselves, especially control the fear that can happen later. It needs the courage to say that they can control the fear while still trying to analyze the market and see their chance to buy low comes.There is a relevant reason for fear to arise, and it is the panic caused by losing money, this is all that causes fear, many who enter the market always have the fear of losing their money, and in fact when entering their capital decreases (more if they do it at the moment) but there is a principle by which everyone must start and that is the fact that the best investments require time, and above all to choose the best stock / currency to invest, no matter the As long as it passes, what matters is that profits can be obtained, in crypto they are obtained quickly compared to the stock market.
I don't think fear is not real, fear exist. People panic when ever they see the price of coins they invested in crashed. Many do sell what is left and loses. But, I think patience is very important when it comes to Crypto Investment, try to hold unto your coins. Don't let fear and greedy to make you take decisions you might end up regretting later. One can sell, and the price starts to pump. Also, is adviseable to always invest amount you can afford to lose. Those who were greedy and sold their bitcoin when the price climbed $1 are probably regretting now.
no matter how smart someone analyzes bitcoins will surely find mistakes and this is what creates fear but with the occurrence of mistakes sometimes makes the holder stronger to hold on what will happen is a challenge for holders like bullrun 2017-2018 which is still a scourge for me personally
It should be underlined, these errors can add insight. I don't think we can completely eliminate that error in analysis, but at least we can minimize it. Fear occurs when we think a mistake is a failure. 
-snip-
There is always panic moments, and these are created in the past and people are easily manipulated to follow it. Now things are different, everyone have better learning and they don't easily fall as a prey for the Whales play.
whale prey will remain. those who are just getting in as the bitcoin hype is getting stronger are prey to whales that will fill them up.There is always panic moments, and these are created in the past and people are easily manipulated to follow it. Now things are different, everyone have better learning and they don't easily fall as a prey for the Whales play.
new people will start to be manipulated again just like old people in the past who are still groping about crypto.
I used to be prey to whales, but then as time progressed, I started to break away from whales and cultivate my mind to survive in crypto and coexist with whales.
If it was for bitcoin, the risks are worth it because it has never been like the other altcoin where its price has drained down to almost zero, it always finds some ways to recover and get back on track. But if you use that mentality on altcoins, then we have a problem because you could use all your funds thinking that it has the same attribute as bitcoin where in reality it was just used for pump and dump investment, and when the price will fall, it will never recover forever. That's why you need to establish fear in investment because of the high probability that something bad might happen.
I don't see anything bad for the bitcoin market at this time even though the bitcoin market is falling very sharply unlike usual but in fact bitcoin is going through a year-end correction closing the year-end period cycle for stockholders as well as dividend distribution to bitcoin asset owners. So there is no need to fear for the bitcoin market not recovering again as it will only take a few weeks to restart the start of the new year period.
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