Topic: How to overcome fear and doubt in bitcoin? (Read 400 times)
To overcome this fears and doubt in bitcoin before you will be involve in this cryptocurrency you should the know the terms of risks. Every investment in any platform risks is always existing and your mind set is positive that bitcoin will rise its value.
You just have to believe that bitcoin will be more valuable in the future. Many people fear that bitcoin would not have any value in the future because they hear and see all the FUDs relating to it but if you search more about it and understand why Satoshi made it then you will be able to grasp the reality that is happening around in the financial industry. Though it may be hard to let go of the fiat system, at least there is already an alternative to it which can become the currency in the future or may retain as an alternative payment system.
It is hard to let go of the fear and doubt when you put some money in the line but you have to take the risk or else you would not be able to move forward. All those people who are successful now one way or another took risk before that's why they are reaping the rewards now. You may be suffering now but think of the possibilities when you are able to surpass it. Just always think positive.
It is hard to let go of the fear and doubt when you put some money in the line but you have to take the risk or else you would not be able to move forward. All those people who are successful now one way or another took risk before that's why they are reaping the rewards now. You may be suffering now but think of the possibilities when you are able to surpass it. Just always think positive.
I've been reading bitcoin's history since it was launched and studying its graph and understanding it, thus helping me to be optimistic about bitcoin now and its future. The graph will suffice to tell how really strong bitcoin is and how bright its future.
Most of the people now have fear and doubt because of bitcoin price down. We always read and see repeatedly"bitcoin price is down,should we sell or hold?",it is the end of bitcoin?..etc...etc....
Most of the people who invest in bitcoin are fear that they will not gain profit ant lose their capital. Others has a doubt if bitcoin can recover or not...
Is there any cure for this matter?
Most of the people who invest in bitcoin are fear that they will not gain profit ant lose their capital. Others has a doubt if bitcoin can recover or not...
Is there any cure for this matter?
Only way it to read and learn. What Bitcoin actually is. What is it bringing to us. You will soon lose all fears. You will be just sad when price will go down. No more afraid.
Most of the people now have fear and doubt because of bitcoin price down.
You should add that most of the new investors are having doubts and fear if bitcoin's price will go up again.We always read and see repeatedly"bitcoin price is down,should we sell or hold?",it is the end of bitcoin?..etc...etc....
That is because they are inexperience and this might be the very first time to encounter correction.Most of the people who invest in bitcoin are fear that they will not gain profit ant lose their capital. Others has a doubt if bitcoin can recover or not...
It they have invested just to earn that much and didn't invest because of the tech behind that's what they'll get.Is there any cure for this matter?
Believe to bitcoin and the blockchain technology, for sure in the future many will adopt it.
Nobody does not know how price will be tomorrow because there is no reason like any news will influence cryptocurrency. Cryptos are downing because most of the crowd are selling their bitcoins. So nobody will exactly say you that how will be end of BTC. If my opinion is interesting to you i wanna say you for this time HODL and when its arrived you will sell your BTCs for higher price.
Most of the people now have fear and doubt because of bitcoin price down. We always read and see repeatedly"bitcoin price is down,should we sell or hold?",it is the end of bitcoin?..etc...etc....
Most of the people who invest in bitcoin are fear that they will not gain profit ant lose their capital. Others has a doubt if bitcoin can recover or not...
Is there any cure for this matter?
Most of the people who invest in bitcoin are fear that they will not gain profit ant lose their capital. Others has a doubt if bitcoin can recover or not...
Is there any cure for this matter?
I think the best way to overcome fear is with time. I started investing in Bitcoin at the end of 2013 and I did a lot of panic buying and panic selling. Now I have come to expect price fluctuation, corrections, and crashes. I’ve seen a crash and recovery before so I wasn’t surprised to see the price crash this time. So now I’m just holding through the price drop and I expect to see new highs eventually.
I think that this feeling is difficult to change because the risk in this area is common and without it there is nowhere to go, even after a while the fear of investing is present and it is quite normal as I think
If you want to make profit you have to take risks. Nothing is guaranteed, chances are 50 50 depending on your skills and choosing the right moment when to buy and when to sell.
People that panic easily are usually small investors that have a small amount of money and just want to see it grow fastly, but big whales always have planB in case things don't go well.
People that panic easily are usually small investors that have a small amount of money and just want to see it grow fastly, but big whales always have planB in case things don't go well.
Because bitcoin is in the process still to many people to adopt it has many speculations either negative or positive. People who invest and believe in bitcoin might be our inspiration and we can tell they have their biggest luck so far with bitcoin. It helps also learning about bitcoin the history from the beginning until now. When you are ready to put money in to it just invest what you can afford to lose. Be informed of the news about bitcoin and I think for now bitcoin is a good asset or investment.
Most of the people now have fear and doubt because of bitcoin price down. We always read and see repeatedly"bitcoin price is down,should we sell or hold?",it is the end of bitcoin?..etc...etc....
Most of the people who invest in bitcoin are fear that they will not gain profit ant lose their capital. Others has a doubt if bitcoin can recover or not...
Is there any cure for this matter?
actually that's true. People or investors as well have a panic attack because of what's happening with bitcoin now. I myself feel the same too, because of bitcoin falling down. But if we believe in bitcoin, we have to be patient and hold still because it will definitely go up again, it always do after the clash. That's the reason why many people invest in bitcoin, they belive it will give them profit. To overcome the fear and the doubts, just believe and be patient. For sure in a matter of time bitcoin will still recover. Most of the people who invest in bitcoin are fear that they will not gain profit ant lose their capital. Others has a doubt if bitcoin can recover or not...
Is there any cure for this matter?
I think it has a lot to do with experience. The more you go through the more resistant you will be for FUD. With time you can select which chatgroups has value, and which one is just creating a bigger mess. You "enjoyed" a few market correction, and the next one wont even effect you... and use common sense
In the world of cryptocurrencies we are dealing with a huge bubble, and today it is difficult to assess which information or event had the greatest impact on the decline in prices. Perhaps the crowds of unfortunate information and unexpected movements made that we can buy bitcoin today for nearly half of the December price.
The cryptocurrency market is inflated and the situation with dotcoms will repeat. Then, tech companies that wanted to change the world were invested. Many big companies grew on the rubble of that crisis, which today are among the richest in the world.
With cryptocurrencies, most likely it will be similar. The bubble burst will be verified by the market where only the strongest players and projects will stand, behind which there are interesting services and people who have ideas and skills to develop and sell them well.
The cryptocurrency market is inflated and the situation with dotcoms will repeat. Then, tech companies that wanted to change the world were invested. Many big companies grew on the rubble of that crisis, which today are among the richest in the world.
With cryptocurrencies, most likely it will be similar. The bubble burst will be verified by the market where only the strongest players and projects will stand, behind which there are interesting services and people who have ideas and skills to develop and sell them well.
Most of the people now have fear and doubt because of bitcoin price down. We always read and see repeatedly"bitcoin price is down,should we sell or hold?",it is the end of bitcoin?..etc...etc....
Most of the people who invest in bitcoin are fear that they will not gain profit ant lose their capital. Others has a doubt if bitcoin can recover or not...
Is there any cure for this matter?
Experience will be the key. If you doubt that Bitcoin will be still successful despite of the dump, you have to see it for yourself. Try to observe, Bitcoin is downed for about 48%, and is now starting to recover. Eventually, you will see how great Bitcoin is. Just be patient, it will be again on its peak we just need to wait for it. Invest now while its price is still low and Hold! Most of the people who invest in bitcoin are fear that they will not gain profit ant lose their capital. Others has a doubt if bitcoin can recover or not...
Is there any cure for this matter?
There is this method i do to reduce the fear and doubt.
Take a 4 second deep breathe through the nose.
And exhale through the nose for another 4 seconds.
Do this for 1 minute and you'll find yourself calm and more relaxed...
This should get you back on track. Best of luck!
Take a 4 second deep breathe through the nose.
And exhale through the nose for another 4 seconds.
Do this for 1 minute and you'll find yourself calm and more relaxed...
This should get you back on track. Best of luck!
They are scared because they were not informed that bitcoin is not seen as a short term.investment. Those who really knew what they are doing know that they invest money for long term investment. Dumping and pumping happened sunce before, and old members are already used to it. Its a matter of taking a lot of time and reading a lot of information on what and why to invest in cryptosystem. Do nit see bitcoin as a wishing well than when you want it will. It takes a lot if thing to make bitcoin otice grow and stabilized.
We must understand that bitcoin is like any other investment, we need to take a risk, there is a chance of either loss or income in the future. Another is that volatility is one of bitcoin's nature and we cannot help but to experience sudden increase or decrease in bitcoin price. The only way you can eliminate fear rely on your trust over your investment, I think being optimistic is needed in this kind of investment.
BTC is very volatile.It encompasses both high risk and high return.If you compare BTC with other cryptocurrencies you woul feel that other cryptocurrencies are also very lucrative but ration of profit margin is very high in BTC Case.If you go in BTC detail and if you analyze its crash history your confidence would restore that after every crash BTC bounced back with high power and got higher price.2017 is a good recent example for BTC high price.Some days ago,there were news regarding regulation of BTC,ban in China and South Korea,but after green signal BTC price again rose to $9000 a week ago,Still marketcap of BTC is lying at top in Coinmarket.There are predictions that BTC would appear more effective than 2017 as more investment is anticipated in coming months.Soon dip period would be converted into Pump up period.BTC is the only cryptocurrency which determine the overall marketcap of coin market.
To combat my bitcoin fear I'm thinking of a bit of bitcoin today and it's never going to be a scam and no bitcoin prices are going down again and that's what I'm thinking of not being afraid of bitcoin. This could seem like a bad thing at first that would negatively influence the cryptocurrency market by creating division, but in reality, it means that Chinese citizens can now relax and use their country’s local exchanges to trade cryptocurrencies without having to fear legal penalties from their Government.
overcome fear and doubt on bitcoin if you believe in bitcoin. Believing that its value will continue to increase over time. In addition, you have to take risks because investing is always risky. You can not get much by just staying in your comfort zone and afraid of taking risks.
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