Hold your bag when you can - page 3.

Reatim

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Quote from: Joswa Russell on July 25, 2022, 11:23:30 PM

In my opinion, risk is always involved in all the financial markets. Though no one can anticipate what will happen next. After all, we all are making anticipations. It is better to have a strong risk management and not invest which the money we can afford losing.

If you cannot risk your money then you will never have a chance to earn bigger because there is a saying that the more you risk is the more you earn/loss.

but best to have the attitude about knows when and how to risk , and also never lose faith because even if the coin you trusted losses its potential always keep in mind that the chance to earn again is there at some point in time.

Ahli38

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at this time I can only hold tightly the bitcoins that I have. and continue to add to it whenever the opportunity comes.

Fud news has become my daily food. and it doesn't affect my psychology too much anymore.
even fud helped me to be able to collect bitcoin back from low price.
and fud news has even made people who don't know bitcoin know bitcoin. and people who don't dig into bitcoin knowledge to start digging the news to find out about bitcoin. and today small btc holders continue to increase by leaps and bounds.

keep calm and enjoy this moment.

Joswa Russell

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In my opinion, risk is always involved in all the financial markets. Though no one can anticipate what will happen next. After all, we all are making anticipations. It is better to have a strong risk management and not invest which the money we can afford losing.

Nicholas Schaefer

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I am really happy investing in bitcoin. Even though the market has faced many ups and downs, I am still optimistic and ignore whatever others have to say about investing in bitcoin.

carlfebz2

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Quote from: freedomgo on July 23, 2022, 04:11:15 PM

Quote from: Fivestar4everMVP on July 20, 2022, 10:57:40 AM

This is like what the rumors(I call it rumors because it's not confirmed yet) am hearing that the government of my country wants to withdraw a certain amount of money from the bank account of each and every citizen of the country in order to settle the dept the country is owing other countries.
Upon the arrival of this rumor, many in the country have panicked and went ahead to withdraw all the money they had in their bank account to God knows where, I on the other hand have used all my fiat saving to by Bitcoin plus other promising coins and kept them in my private wallet, this is something I've learnt to do every day, week or month, depending on how I earn fiat money.

Governments and central banks through fiat have learnt to control their citizens and bring them under financial subjection and slavery, Bitcoin has come to show the way to Freedom, it's time we break free.

People should have done it long before and have never saved a lot of fiat in their bank account only to find out that they could be taken advantage of by the government and circulate the funds to create more interest. That way, they are using our own money for their own prosperity. Now, if we want to stay out of it, then put some portion of your hard earned money into bitcoin, and some of them you can keep it or also invest in other types of businesses outside the crypto market.

You cant really say that this kind of decision would really be just too easy because trusting up something when you had just recently heard of like crypto will really be putting you in doubt whether you do invest or not and totally not surprising kind of action for someone but on the time that they would be seeing profit making opportunities then these impressions would commonly changed up.

We know the reality on how bank works and how they do make money which majority of people wouldnt really care as long they do stick into those standard things which is on fiat.

Investment decisions will really vary on each person because some are open minded and risk takers and some do really like to play safe and wont be touching up something
that they would be looking for it to be risk which i cant blame of.

freedomgo

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Quote from: Fivestar4everMVP on July 20, 2022, 10:57:40 AM

This is like what the rumors(I call it rumors because it's not confirmed yet) am hearing that the government of my country wants to withdraw a certain amount of money from the bank account of each and every citizen of the country in order to settle the dept the country is owing other countries.
Upon the arrival of this rumor, many in the country have panicked and went ahead to withdraw all the money they had in their bank account to God knows where, I on the other hand have used all my fiat saving to by Bitcoin plus other promising coins and kept them in my private wallet, this is something I've learnt to do every day, week or month, depending on how I earn fiat money.

Governments and central banks through fiat have learnt to control their citizens and bring them under financial subjection and slavery, Bitcoin has come to show the way to Freedom, it's time we break free.

People should have done it long before and have never saved a lot of fiat in their bank account only to find out that they could be taken advantage of by the government and circulate the funds to create more interest. That way, they are using our own money for their own prosperity. Now, if we want to stay out of it, then put some portion of your hard earned money into bitcoin, and some of them you can keep it or also invest in other types of businesses outside the crypto market.

Anonylz

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Quote from: passwordnow on July 20, 2022, 10:56:06 AM

It's crazy when you realize that someone still thinks that bitcoin can go to $1 or even zero. Well, it's different these days and not the same anymore as before because bitcoin has gone far and despite being a very volatile asset, it's unlikely that it will go that low.
Think of those people that are waiting just to buy cheap bitcoin like around $10k down to $3k, there will be a massive buying order on exchanges if it's reached and even to $1k so thinking that it could be low as $1 or zero is totally crazy despite of that "possibility".

That's how you know the btc community is growing when you have people thinking it is possible btc will go to $1 (even though it sounds ridiculous) at the same time it makes you realize these are new people in the space and will learn over time just as we (the old timers) have all learn.
Many newbies won't be able to recognize the opportunity this bear market has presented to them until when the market is back in full bull mode, their thoughts are filled with all the crap they read from different news sources out there, so buying now is far from it, they are waiting to buy the $1 bottom. Cheesy

minime0105

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Quote from: Cling18 on July 23, 2022, 11:31:27 AM

Quote from: Yamifoud on July 23, 2022, 07:37:50 AM

Quote from: AakZaki on July 23, 2022, 07:21:02 AM

Quote from: virasisog on July 21, 2022, 12:54:34 PM

Panicking during the bear season is normal but if we have already seen how Bitcoin survived the previously bearish market and hit a good price during the bull run, we should trust its capability to resist this season again. I wonder why there are still people who are questioning Bitcoieen's potential when in fact, it already reached lots of achievements and milestones.

those who still question the potential of bitcoin certainly do not understand how bitcoin works, how bitcoin can reach its current price. Even though it is clear that Bitcoin is the highest coin or the most valuable digital asset. Bitcoin returns for long term investments are incredible. A bear market has become a common event, behind a bear market will appear a bull market that is coming soon. So better hold your bag tight and don't let it loose, we're still going to the moon.

It is a question to those who think that Bitcoin is still a scam thing. I'm not going to wonder why many still have doubts despite the fact that Bitcoin has been tested many times already. It is actually our mindset differs from others, some people hold their Bitcoin because they believe and trust it while some people remain doubtful. This will imply that Holding is really hard for those who don't want to change their beliefs and minds but I don't bother myself to correct them because that was their opinion.

Those who still question the potential of Bitcoin are those who didn't experience gaining profit from it and those who didn't research it. They only see it as a currency yet they don't know its real function and importance. They can also be those people who have a wrong mindset towards Bitcoin investment. Those who want to get rich instantly and failed because of wrong expectations.

Every one understand bitcoin in their own way of understanding and the way they feel, but the thing is that you can understand bitcoin in a way you can invest and knowing the lost that is involve towards the investment. You will not look at the investment in two ways you know that cryptocurrency investment is all about patient and consciousness. I believe that Bitcoin investment is things of strategies

Cling18

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Quote from: Yamifoud on July 23, 2022, 07:37:50 AM

Quote from: AakZaki on July 23, 2022, 07:21:02 AM

Quote from: virasisog on July 21, 2022, 12:54:34 PM

Panicking during the bear season is normal but if we have already seen how Bitcoin survived the previously bearish market and hit a good price during the bull run, we should trust its capability to resist this season again. I wonder why there are still people who are questioning Bitcoin's potential when in fact, it already reached lots of achievements and milestones.

those who still question the potential of bitcoin certainly do not understand how bitcoin works, how bitcoin can reach its current price. Even though it is clear that Bitcoin is the highest coin or the most valuable digital asset. Bitcoin returns for long term investments are incredible. A bear market has become a common event, behind a bear market will appear a bull market that is coming soon. So better hold your bag tight and don't let it loose, we're still going to the moon.

It is a question to those who think that Bitcoin is still a scam thing. I'm not going to wonder why many still have doubts despite the fact that Bitcoin has been tested many times already. It is actually our mindset differs from others, some people hold their Bitcoin because they believe and trust it while some people remain doubtful. This will imply that Holding is really hard for those who don't want to change their beliefs and minds but I don't bother myself to correct them because that was their opinion.

Those who still question the potential of Bitcoin are those who didn't experience gaining profit from it and those who didn't research it. They only see it as a currency yet they don't know its real function and importance. They can also be those people who have a wrong mindset towards Bitcoin investment. Those who want to get rich instantly and failed because of wrong expectations.

Myleschetty

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Quote from: AbuBhakar on July 20, 2022, 10:02:25 AM

I was going to point out what happened to Celsius customer investment which is same scenario to the article that you share but crypto counter part until I notice the Not your keys not your coin word. I believe people should avoid centralized investment platform even if it’s bank or in crypto because same scenario can happened if you don’t hold the keys to the wallet that contain your investment even on DeFi. Holding is the best and trading only in DEX is the best way to play safe on this current market.

I also read about the Celsius issue which I also believe is just like what happened to the people who have money saved in their bank accounts in China and I hope the US SEC will step into this situation rather than create some rules that will hinder the adoption of Bitcoin.

Yamifoud

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Quote from: AakZaki on July 23, 2022, 07:21:02 AM

Quote from: virasisog on July 21, 2022, 12:54:34 PM

Panicking during the bear season is normal but if we have already seen how Bitcoin survived the previously bearish market and hit a good price during the bull run, we should trust its capability to resist this season again. I wonder why there are still people who are questioning Bitcoin's potential when in fact, it already reached lots of achievements and milestones.

those who still question the potential of bitcoin certainly do not understand how bitcoin works, how bitcoin can reach its current price. Even though it is clear that Bitcoin is the highest coin or the most valuable digital asset. Bitcoin returns for long term investments are incredible. A bear market has become a common event, behind a bear market will appear a bull market that is coming soon. So better hold your bag tight and don't let it loose, we're still going to the moon.

It is a question to those who think that Bitcoin is still a scam thing. I'm not going to wonder why many still have doubts despite the fact that Bitcoin has been tested many times already. It is actually our mindset differs from others, some people hold their Bitcoin because they believe and trust it while some people remain doubtful. This will imply that Holding is really hard for those who don't want to change their beliefs and minds but I don't bother myself to correct them because that was their opinion.

Lida93

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Quote from: Myleschetty on July 20, 2022, 09:58:27 AM

A couple of days ago all I have seen are a lot of threads where people ask questions about the possibility of Bitcoin going down to $1 or coming to an end because they are panicked that Bitcoin may not experience another surge in price due to how the market downtrend a lot in just a few days ago. Are you wondering the reason behind this sudden surge in the price?

It's because "CCP tanks protecting banks because the Bank of China (Henan branch) declared that people's savings in their branch are now investment products and can't be withdrawn."

The world we are living in is far from perfect and issues like this where the institutions and FEDs take advantage of the people will always happen. This will make people realize the purpose of BTC and before that happen hold your bag when you can.
Always remember, not your key not your coin.

One thing I understand about centralized systems is that they always enjoy absolutism to control and as an investor such systems ain't favourable to us no matter how juicy its promises might be placed to us at the initial.

AakZaki

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Quote from: virasisog on July 21, 2022, 12:54:34 PM

Panicking during the bear season is normal but if we have already seen how Bitcoin survived the previously bearish market and hit a good price during the bull run, we should trust its capability to resist this season again. I wonder why there are still people who are questioning Bitcoin's potential when in fact, it already reached lots of achievements and milestones.

those who still question the potential of bitcoin certainly do not understand how bitcoin works, how bitcoin can reach its current price. Even though it is clear that Bitcoin is the highest coin or the most valuable digital asset. Bitcoin returns for long term investments are incredible. A bear market has become a common event, behind a bear market will appear a bull market that is coming soon. So better hold your bag tight and don't let it loose, we're still going to the moon.

CryptSafe

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Quote from: Myleschetty on July 20, 2022, 09:58:27 AM

A couple of days ago all I have seen are a lot of threads where people ask questions about the possibility of Bitcoin going down to $1 or coming to an end because they are panicked that Bitcoin may not experience another surge in price due to how the market downtrend a lot in just a few days ago. Are you wondering the reason behind this sudden surge in the price?

It's because "CCP tanks protecting banks because the Bank of China (Henan branch) declared that people's savings in their branch are now investment products and can't be withdrawn."

The world we are living in is far from perfect and issues like this where the institutions and FEDs take advantage of the people will always happen. This will make people realize the purpose of BTC and before that happen hold your bag when you can.
Always remember, not your key not your coin.

Holding bag is not as easy as you think. You know bear markets takes time before it picks up and come to talk of it, most times people buy at high price and with the thought of it going higher than as they had purchased but to their greatest surprise, the market heads towards bear direction which causes panic selling and the at the entire end run at loss. The most people falling victim of these actions are the new bees. it only takes a strong hand to hold bag because they have already been groomed in the system already. So they know when to buy and when to sell. The market situation doesn't effect them rather it makes then hold their bags and also fill their bags more if the needs arise because they know it is the right time to buy more as panic sellers would be on the verge of selling most of their bags.

Mauser

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I am really wondering why so many people worry about the bitcoin price dropping down to 1$, it's a very unrealistic scenario. It seems like panic is taking over and controlling investors, acting out of emotions is usually not a good idea. And even if the worst case scenario would happen, wouldn't it be the best time for us to buy more coins? How many of us came late to the crypto party and dream sometimes about having bought bitcoin back in the day when the price was below 100$? I would love to get another opportunity like that. Asset prices have been falling for weeks now, with crypto markets being down 40-50% since the start of the year I think it's a bad time to sell now. The goal is to buy low, not sell at low prices. And the lower the bitcoin price is falling the coins we can buy for our fiat money.

Russlenat

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Quote from: Myleschetty on July 20, 2022, 09:58:27 AM

A couple of days ago all I have seen are a lot of threads where people ask questions about the possibility of Bitcoin going down to $1 or coming to an end because they are panicked that Bitcoin may not experience another surge in price due to how the market downtrend a lot in just a few days ago. Are you wondering the reason behind this sudden surge in the price?

It's because "CCP tanks protecting banks because the Bank of China (Henan branch) declared that people's savings in their branch are now investment products and can't be withdrawn."

The world we are living in is far from perfect and issues like this where the institutions and FEDs take advantage of the people will always happen. This will make people realize the purpose of BTC and before that happen hold your bag when you can.
Always remember, not your key not your coin.

If the government create a stupid decision regardless if it’s unfair for the people or not, I guess that won’t matter anyway since they also have to set their plans and make them realized. This is why we should not be trusting the centralized government in the first place, otherwise we will be taken advantage with our money and possessions. If only people did realized the purpose of bitcoin and having it as our own bank, then this type of problem should have never happen.

romero121

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Hold need to be prioritised according to the market movement. When the market is bearish one should not lose hope and go for selling of the holdings. Holding at the right time lets the user generate good profit. Most of the users doesn't follow this and end up selling the holdings out of panic. According to me, right now is the time to hold. People who come out of fear and hold will surely profit big at the earliest.

yazher

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Bitcoins need to recognize by those people who got their money stucked from the bank because of some complicated issues. Now that they see how prone they are to lose their money if the banks and the authorities wanted to take it from them, the solution is to consider converting half of their assets to bitcoin if they really want to be free from this kind of discrimination.

justdimin

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Quote from: ?? on ??

Quote from: passwordnow on July 20, 2022, 10:56:06 AM

It's crazy when you realize that someone still thinks that bitcoin can go to $1 or even zero. Well, it's different these days and not the same anymore as before because bitcoin has gone far and despite being a very volatile asset, it's unlikely that it will go that low.
Think of those people that are waiting just to buy cheap bitcoin like around $10k down to $3k, there will be a massive buying order on exchanges if it's reached and even to $1k so thinking that it could be low as $1 or zero is totally crazy despite of that "possibility".

This question is always Knock in bearish markets. Because whenever btc starts dumping it doesn't take much time to hit the bottom. Then panic prevailed among the investors. But it seems unrealistic to me that Bitcoin will fall back to $1. I never think so. I think it is useless to spend time on this matter while some people are dreaming of conquering their elusive dreams by holding Bitcoin.

The going down is easier because that is how the technology works. What do I mean? Well, there are too many people who are in the leverage market and that means when they are making a bad move, their bitcoin is sold and USDT is paid in return to square the debt, right? Well that means, if you say long, and then you are wrong, and it goes down, then your bitcoin is sold, and it goes down a bit more, which causes my bet to be liquidated too, and then other guys and so forth which makes it quicker.

So when you are selling, it is not just people who sell, it is the system that sells to keep it going and that is why I think it is a lot easier to go down, and it is not as easy to go up.

bestcoins1

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Quote from: kaseygriffin on July 22, 2022, 02:50:03 AM

I find this funny because, after many years in the market, I have also gone through many different stages of it. But I never feel pessimistic about bad things, even when prices are down and gloomy for a long time. Sometimes the thoughts that people have imagined are absurd. Remember that the truth cannot be killed, and those who just want to distort it are trying to hide their own intentions. To me, I have full faith in BTC more than any other asset I know of. It has given me a happy life, so be grateful for the opportunities presented.

I think what you say is true, because Bitcoin deserves to be believed by many people with very good expectations. After all Bitcoin can still increase gradually in the market and it will also have an effect for other cryptocurrencies so obviously there is no need to worry so much when the downturn occurs with some people starting to become pessimistic.
Yes, being grateful is much better than being pessimistic about Bitcoin and also with what is happening in the market now.

Topic: Hold your bag when you can - page 3. (Read 1130 times)