Topic: Have you reached your breaking point? (Read 199 times)
There are no rooms for the impatient people in bitcoin, It will surely require patient in this kind of market and right now that we are in the midst of a bearish month there are many people that are getting itchy in selling their bitcoin and I think this kind of person will not gain much in this kind of market, We should focus on earning more, investing more in a cheaper price, and Hold still to your bitcoin up to the time we can feel the bull run, or even if it is not a bull market the price will surely increase because this is how bitcoin works if you can clearly see the floor of bitcoin is increasing instead on the other way around, That means the value will surely continue to pump in a more impending years to come.
It all depends on why you invested in bitcoin and for how long you planned to Hodl.
And also how much you know of the background information surrounding bitcoin apart from the chart history.
There has been many news and updates thus year, and bitcoin has been more stable than ever. And with upcoming bitcoin ETF decision, and BAKKT implementation. There's lots to be optimistic about.
This not a quick profit scheme, but a legitimate investment option.
And also how much you know of the background information surrounding bitcoin apart from the chart history.
There has been many news and updates thus year, and bitcoin has been more stable than ever. And with upcoming bitcoin ETF decision, and BAKKT implementation. There's lots to be optimistic about.
This not a quick profit scheme, but a legitimate investment option.
Firstly edit your subject/topic,its kinda difficult to understand(should be reached)
Talking about the market being unfavorable,it depends on the angle you're coming from,and how long you've been investing on this platform,if you study the price of bitcoin in relation to other years, then you'll understand how well the market has improved
But if you keep paying attention to minor pumps and dumps(ups and downs), then you'll keep feeling the market is unfavorable...
Anyone giving up at this particular time, is probably one who bought at the wrong time(when the price was rising)
But that's the more reason why they wouldn't give up, because they'll be making huge losses selling at this particular point in time
You can't always expect the market to enrich you greatly,a 5--10% increase in the price is profit made also..
That's how to invest
Talking about the market being unfavorable,it depends on the angle you're coming from,and how long you've been investing on this platform,if you study the price of bitcoin in relation to other years, then you'll understand how well the market has improved
But if you keep paying attention to minor pumps and dumps(ups and downs), then you'll keep feeling the market is unfavorable...
Anyone giving up at this particular time, is probably one who bought at the wrong time(when the price was rising)
But that's the more reason why they wouldn't give up, because they'll be making huge losses selling at this particular point in time
You can't always expect the market to enrich you greatly,a 5--10% increase in the price is profit made also..
That's how to invest
Not doubt the market hasnt been favourable since the first quarter of the year, and even till this last quarter things are not showing signs of a possible bullrun.
If you keep thinking a bull run is coming then you wont survive till it really comes because you will already be insane with mental trauma. This is a speculative market for those wannabe traders who bought at the pump, sadly. 
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It is now tiring to a point and most people are beginning to give up.
Dont make assumptions that you dont have any base/proof of. How many of the real bitcoin hodlers do you think visit the online chatrooms and forums? Its mostly the newbies who enter join them because they want to talk about it and garner opinions. The real whales act from the backstage and never show their faces here.Quote
Is this your breaking point?
In a speculative market people need nerves of steel. If they dont have it then they should sell and exit.
Not doubt the market hasnt been favourable since the first quarter of the year, and even till this last quarter things are not showing signs of a possible bullrun. It is now tiring to a point and most people are beginning to give up. Is this your breaking point? If yes, rise your mind back up, better days are still ahead, this is not the bottom.
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