When it comes down very quickly people are referring to the end. When it goes up, people talk about the blessings of God. The trend-changers are just turning themselves into clowns, recognizing trends and transforming them to succeed.
Topic: Good news - page 7. (Read 1369 times)
Fear is one reason why some of our mate panicking to sell their tokens when price go down and continuously falling, always remember that bitcoin has a strong foundation that cannot be easily gone by the bads news or whatever issue.
We quickly forget about the true essence of bitcoin - be your own bank. Cryptocurrencies are now looked upon (in general terms) as an investment hub. While that is a positive view, the perception, however, have generated the high volatility value for bitcoin. The price now depends on peoples activities which basically is to buy and hold/invest - the basic idea being to invest/trade and make profit.
There is a massive change in the perception people have in bitcoin. I used to hear a lot of bad news about bitcoin in the middle of this year around June and July. People had fear during those times because of the constant fall in the price of bitcoin. People have now reached a state where they have realized that bitcoin has gone beyond collapse. The fake news by bitcoin antagonists have been identified by cryto lovers especially those have not known bitcoin for quite too long and the new members who wish to join the bitcoin train. This is as a result of the good education, advice and constant flow of information the crypto lovers and activist always give. Their efforts are yielding effect now. Many people have now realized the need to hodl their bitcoin and not to be dumping it. New members are doing a lot of research now.
I am saying this because I was one of those people who was afraid of the collapse of bitcoin. I got swayed away by those fake and baseless news about bitcoin until I got myself with some of the information being shared on this forum. I know a lot of people who at first wanted to sell their coins but have hold because of the education they got from this forum.
I have found an article written by @Technomage very useful and I recommend it to everyone.
My advice to crypto lover is that do not be swayed away by the fake news about bitcoin. Do a lot of research about bitcoin and you will see the relevance of it. I love to be educated. Let's all unite and safeguard our pride.
I agree, we must not be easily affect by the negative things that anti bitcoin says against on it because they dont knkw what they are saying. Their are lack of knowledge about what bitcoin is. If we dont know something about bitcoin or on how it works, do some research and read different articles about it which may help to understand it more. Dont get distracted by the negative news that people are talking about bitcoin. I am saying this because I was one of those people who was afraid of the collapse of bitcoin. I got swayed away by those fake and baseless news about bitcoin until I got myself with some of the information being shared on this forum. I know a lot of people who at first wanted to sell their coins but have hold because of the education they got from this forum.
I have found an article written by @Technomage very useful and I recommend it to everyone.
My advice to crypto lover is that do not be swayed away by the fake news about bitcoin. Do a lot of research about bitcoin and you will see the relevance of it. I love to be educated. Let's all unite and safeguard our pride.
The market has not been affected
by news as much as before
This is a sign of maturity that
will attract many money into the market.
by news as much as before
This is a sign of maturity that
will attract many money into the market.
When Bitcoin jumped from $1500 to $19000 in few months everybody was praising it, even some business tycoons said, investing in Bitcoin is better than investing in Gold but when it slipped to $6500 perception changed, no need to get panic here, people should be patient and look for the right point to enter, there is nothing to worry about bitcoin, such fluctuations are important part of every financial market.
When people see bitcoin price dropped rapidly then it is normal if they were getting panic from those situations but indeed some of them has been learn more although they were lost but usually they are coming back and involved again in bitcoin and probably you says it is true that currently people will more confident to see further price because they see bitcoin have bright future
While I hated that the price went down, I did look at the positive side more than the negative one.
Our community grows unsustainably during the bull-runs. Then a crash happens and most people leave (but we still have more than we started) those who stay are mostly not the solely get rich quick guys. They are fire tested people who also dig deeper.
If the price had just been rising without crashing since 2008, the first big crash could decimate our community but instead we have built resilience through the evolution of a community that is resistant to fear uncertainty doubt and the market cycle.
Our community grows unsustainably during the bull-runs. Then a crash happens and most people leave (but we still have more than we started) those who stay are mostly not the solely get rich quick guys. They are fire tested people who also dig deeper.
If the price had just been rising without crashing since 2008, the first big crash could decimate our community but instead we have built resilience through the evolution of a community that is resistant to fear uncertainty doubt and the market cycle.
yes, panicking is one aspect that makes bitcoin fall drastically this year, and the crypto market is not normal.
reading and comparing information is a method that I always use to avoid fake news, so I don't feel panic.
besides, the bitcoin community helped me maintain my perception of bitcoin.
reading and comparing information is a method that I always use to avoid fake news, so I don't feel panic.
besides, the bitcoin community helped me maintain my perception of bitcoin.
I fail to see the good news here 
Cryptocurrencies are gonna change the way we do our transactions of monetary value, But they need time to do that. People still don't know anything about the possibilities.
Cryptocurrencies are gonna change the way we do our transactions of monetary value, But they need time to do that. People still don't know anything about the possibilities. many people try to drop prices, so last year bitcoin has shocked everyone.
but most people respond with panic, they lose faith and get caught up in greed. forget it and it's time to come back confident that bitcoin has a future.
but most people respond with panic, they lose faith and get caught up in greed. forget it and it's time to come back confident that bitcoin has a future.
Anyone who knows this is still the owner of Bitcoin. Those who sell their bitcoins will regret it in the future and maybe they will buy it again at a high price.
many people try to drop prices, so last year bitcoin has shocked everyone.
but most people respond with panic, they lose faith and get caught up in greed. forget it and it's time to come back confident that bitcoin has a future.
but most people respond with panic, they lose faith and get caught up in greed. forget it and it's time to come back confident that bitcoin has a future.
The right advice is not to read and not too much trust in bad news about bitcoin which may still be circulating. Remember, however bitcoin also reached a very expensive price last year, and never worry about the current decline in bitcoin prices that touch and hold at $ 6500. Everything will still be fine.
You are absolutely right. We should not swayed from fake news. Actually we need not follow someone blindly. When fake news are spread, it effects on people's mind.We should raise our voice against fake and stupid news.
..yeah that's true,,many news and bad humours are spreading about Bitcoin in the pass few days..but if you are a crypto lover and do believe in the power of Bitcoin,,you will not easily deceive and get in touch in the bad comments that Bitcoin encountered..we all know the fact that crypto market is volatile and no one can tell weather altcoins will pump nor dump..that is the characteristics of crypto coins..
Yes, that is probably the common mentality of crypto investors who are unavoidable. When the market fluctuates, everyone is happy, and many things will go down. Uncertainty will cost you money and this can cause you to lose confidence in the market.
Yes, there is a massive change in the perception of people about Bitcoin. People have now been able to distinguish between the real news and fake news abput Bitcoin. It is more evident with price of Bitcoin being stable. The occasional dumping is till there, but that has reduced to a large extent. This shows that people now have more knowledge about Bitcoin that what they had earlier this year.
There is a massive change in the perception people have in bitcoin.~
there is a good news in here somewhere but not because of what you said. there is no change in the people's perception of bitcoin. it has not changed that much. however what has changed is that the weak hand newbies who were panic selling are almost gone now. and these type of people have always been the loudest. which means they were mostly the target of FUD and the FUD spreaders themselves. now that they are mostly gone the community is calm and more silent because what is left is those who understand things better.
This same way makes people get swayed in crypto with all sort of articles , I don't believe much in article cause I believe it was writing by human like me on what he believes or must have done research on or may heard from somewhere or can even be an imagination from him, so I do my own research and stand firm to what ever I believe in or discovered, and if I tell people they might also see it as a wrong part but I know and believe that which ever one will prevail and the technology is here to stay no matter what.
My advice to crypto lover is that do not be swayed away by the fake news about bitcoin. Do a lot of research about bitcoin and you will see the relevance of it. I love to be educated. Let's all unite and safeguard our pride.
Reliable information about bitcoin, cryptocurrency, blockchain, or financial advice would be better if we subscribe to information channels such as CNBC, Cointelegraph. because of course some of the above channels are often a trusted reference in this field.
CNBC has been horrible when it comes to crypto, in my opinion
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