Topic: Guys, just hold.. We can agree on a few things. - page 5. (Read 21153 times)

None of us, has a crystal ball and we're not all-in on the tech, we are emotional individuals and we've been financially attacked.  

If the majority of us were looking at the same chart and a general direction of the market, guess who will see that, and take advantage when opportunity awaits. It's the seasoned vets. They've been there, done that. The finance guys shorting the markets for a living. We could argue speculation, math and politics all day long, but, what's been done has been done. None of us have crystal balls. One instrument we access to is past history. We can see that they are real numbers. But they are in the past for everyone else to see.. I want to quote a few of Warren Buffett's quotes that came up in my mind when people were panicking.

"The investors of today does not profit from yesterday's growth." "Someone is sitting in the shade today because someone planted a tree along time ago."

"What we learn from history is that people don't learn from history." When investors get either too fearful or too greedy, they sometimes hide behind the notion that "This time it's different." Usually they regret it.

"If past history was all there, the richest people would be librarians."

You can teach risk management, but you can't teach balls. It's definitely going to be harder to grow your investments in this space. My personal advice would be to hold. I don't know where you got in or out, but eventually, you will learn from your mistakes and you will have that much more knowledge in the next run. I hope this helps

I suggest don't wait for the markets to bottom out because no one knows about it. So just start buying small quantities now and then to get a good average buy price....

I would advise to hold the coins you invested in. But in troubled times on the market you can sell coins. When the situation becomes more understandable, you can invest again. Risk management is not only profit, but also an opportunity to save your trading account.

Someone holds, someone sells. It's a natural movement of the market, so let it be. It's impossible that everyone gets the benefits - there always will be a situation when someone loses. But someone gains, as well! It's normal!

You can teach risk management, but you can't teach balls. It's definitely going to be harder to grow your investments in this space. My personal advice would be to hold. I don't know where you got in or out, but eventually, you will learn from your mistakes and you will have that much more knowledge in the next run. I hope this helps

None of us, has a crystal ball and we're not all-in on the tech, we are emotional individuals and we've been financially attacked.  

If the majority of us were looking at the same chart and a general direction of the market, guess who will see that, and take advantage when opportunity awaits. It's the seasoned vets. They've been there, done that. The finance guys shorting the markets for a living. We could argue speculation, math and politics all day long, but, what's been done has been done. None of us have crystal balls. One instrument we access to is past history. We can see that they are real numbers. But they are in the past for everyone else to see.. I want to quote a few of Warren Buffett's quotes that came up in my mind when people were panicking.

"The investors of today does not profit from yesterday's growth." "Someone is sitting in the shade today because someone planted a tree along time ago."

"What we learn from history is that people don't learn from history." When investors get either too fearful or too greedy, they sometimes hide behind the notion that "This time it's different." Usually they regret it.

"If past history was all there, the richest people would be librarians."

You can teach risk management, but you can't teach balls. It's definitely going to be harder to grow your investments in this space. My personal advice would be to hold. I don't know where you got in or out, but eventually, you will learn from your mistakes and you will have that much more knowledge in the next run. I hope this helps

It is a good thing for those who have been in the community for a very long time and that is the reason why they have been able to understand the importance and the benefits of holding. I really do not see why anyone should not be holding, except they are professional traders who are trying to trade the fluctuations to hold a better position in the market in the long run. Holding has always been a very good option and there is really no doubt about it.

In this world ,everything is unpredictable so for trading case, it's far more unpredictable especially when you're using your own money, the emotion included !
For me, I was amaze when I knew bitcoin 4 years ago, ( $ 299 / btc ) and today it's already $ $ 8000++/btc , I'm sure either everyone.
That's why I always hold most of my bits until now !

I can't agree more. But, patience require discipline and some bumpy roads ahead to gain the experience and knowledge to withstand financial pressure. Money is a very sensitive topic for everyone. We can agree on that. I would ask the new individuals coming into this space to educate themselves in traditional markets and study historical price volatility we've had.

That is the idea and I do not know people tend to expect just so much in a very little period with bitcoin and these same set of people are busy calling bitcoin ponzi just because they got greedy. If only people can get to understand that in real life, quick money is even considered to be bad, and they should be holding themselves responsible for any silly decisions they make.

Patience is all that is required to see what you believe in grow hugely in value and that is what is always important, not the present moment.

Assets gain value with time because assets are wealth by which I mean to say they are stock variables. Their value increase with time rather than a downfall. Also the demand for a particular asset rises its value further more because according to the law of demand, when the demand increases, the prices also rises and vice versa. So keeping the money you do not need for some time in the form of Bitcoin will rise its value.

It's hard to just keep your coins, when every day you look at their price and see how it falls steeply)) It's better not to go to the stock exchange for a couple of months

I really liked these two quotes. Thanks for having shared them. They tell everything one would need to know in this field.

If you aren't prepared to loss your money in order for your to have a good profit in the future,  you are not ready for cryptocurrency investing.  If your idea of inverting is no risk at all,  then you should go out and buy government securities.