I suggest to study some history of Bitcoin and how the situation was developing in the past. It's also usefull to listen some advice from experienced users.
Trust is something that comes with experience and knowledge about the currency you are trading with. If you are not looking only for fast short term profit you will realise that Bitcoin is currently the best investment, of course with certain risks and possible losses but that is why you have to play smart and use your head, not only heart.
Topic: How to overcome fear and doubt in bitcoin? - page 2. (Read 388 times)
1. Your capital money should be from money you not use it for daily needed or the money you able to lost, make it far from debt capital
2. Already read and learn more about the risk, so you should know investment in bitcoin have very high risk.
3. Don't just always watching the market when bitcoin price down, you can looking for project in this forum for more income.
That's all I do when bitcoin price go down. Please never sell bitcoin though you lost very little money of your capital. And I'm sure bitcoin price will be go up back to normal again in half of this year because the total supply of bitcoin isn't too much. Thank you
2. Already read and learn more about the risk, so you should know investment in bitcoin have very high risk.
3. Don't just always watching the market when bitcoin price down, you can looking for project in this forum for more income.
That's all I do when bitcoin price go down. Please never sell bitcoin though you lost very little money of your capital. And I'm sure bitcoin price will be go up back to normal again in half of this year because the total supply of bitcoin isn't too much. Thank you
to overcome fear and doubt you should back to your purpose when the first you think to invest in bitcoin, at that time you must have confidence that bitcoin will give you an advantage. when you start to do something, then try to survive to the end, the end when you can get an advantage.
Fear and doubt are feelings caused by lack of knowledge. You need to learn first about bitcoin. Know its history, its background and how much well it did in the crypto market since it was invented. Once you know which coin you are about to encounter, that is the time that your fears and doubts will disappear.
I agreed to that! All investment involved risk.but knowledge and experience can give you confidence, it helps you overcome fear And doubt.
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?
There are many such people. Every man has a medicine in his head! We create restrictions and statements for ourselves, in this or that situation. Weak - go away, strong - stay
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 it is better to have a part of BTC in portfolio. Anyway BTC is the main criptocurrency at present. Usually BTC have oposite trend with altcoins so your portfolio will be more balanced if you have as bitcoins as altcoins
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?
Most people became skeptical about bitcoin when the price started falling. The fear of losing made people involve in panic sale. This can only be averted when people equip themselves and have a strong knowledge about the currency. Because i believe when one is properly groomed on something, there would be a strong mind to overcome any fear that may arise.
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?
many people have this kind of fear but i want to tell those people do not take tension about btc price. btc is volatile. that's why it happens. btc is more beneficial investment than any other coin. if it falls after some time later it will bounce back. just have patience. and after a specific time later you got huge returns. just hodl it. 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?
Doubt is a good thing. You don't want to get rid of doubt entirely - that would make you overly/unrealistically optimistic
You should be prepared for Bitcoin to go up as well as down.
You should be prepared for Bitcoin to go up as well as down.
You will eventually learn how you are going to over come your fear, actually I have done it whenever every night I am seeing my children I want to give even not the best but all the things they need in their life, the right education, books (not gadgets), clothes to wear but not too expensive. So, whenever I am seeing them I am seeing myself as a hero where in I can do anything just for them.
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 and lose their capital. Others have doubt if bitcoin can recover or not...
Is there any cure for this matter?
Its answer is " believe",believe in bitcoin. Bitcoin is not the name of a new crypto. Bitcoin is the grandparent as per the seniority. It has that much experience and power to stand in the crypto market. So you should believe in Bitcoin. Most of the people who invest in bitcoin are fear that they will not gain profit and lose their capital. Others have doubt if bitcoin can recover or not...
Is there any cure for this matter?
if I myself to face the fear I see bitcoin prices down that is in the take it easy and also not easily instigated and must have a sense of confidence and also must dare to take risks
we should be able to learn from the past from last year, because such an event happens not only once and twice every year, I suggest that you hold your bitcoin until bitcoin prices rise again.
There isn't a general way to overcome the fear of losing money in bitcoin and any investments in general, that's why most experienced traders often advice newbies that what they're dealing with comes with high risks. Personally, if I'm new into investing, I wouldn't sell everything I have and go all in into something I don't fully understand. Instead, I'll keep my doubts with me and do further research before trying it out for myself with an amount that seems to be negligible to me. That's what's wrong with newbies today: they tend to go all in once they see bitcoin breaking records but when the time comes everything comes shattering, they'd be the ones who'd sell first and keep on casting their doubts into bitcoin after.
Fear and doubt is not like a disease that have a cure. You, as an investor, should be in control of your emotions before you even embark in cryptocurrencies. But admittedly, even those who have been in the business for so long do have fears and doubts altogether, just that they manage them artistically and with poise -- this, is what sets the boundaries between the experienced and the inexperienced. Hence, if I were you, I will do whatever I can to manage my emotions before my emotions take control of me. If the latter scenario would dictate your pace, surely you will not get anywhere in the world of investing. Your fears and doubts will just haunt you and cloud your thoughts every now and then.
I think knowledge and belief in bitcoin. It can help you overcome this difficult period, overcome fear and doubt about bitcoin. That's all I can do now.
The way to get rid of these fears is by adding knowledge about bitcoin and you should also read the history of bitcoin from 2010 until now.
Because I'm sure once you read that history your heart will feel calm because in the history of bitcoin fluctuations it's a common thing that happens all the time so not something to be afraid of.
Because I'm sure once you read that history your heart will feel calm because in the history of bitcoin fluctuations it's a common thing that happens all the time so not something to be afraid of.
Dont fear bitcoin. Fear on people behind you and what's going on our society. Just trust bitcoin you should have knowledge on technology and how it will use in the future. I think reading is not the basis on how you'll help yourself you should love and absorb bitcoin and,blockchain. Go out with your friends that does know how blockchain works. You should talk with them in a simpliest way. You need a deep research.
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?
The only cure for that is simple but because we are all too greedy and dont want to exercise patience in our greediness, we tend to be carried away by things that are ephemeral. Everyone involved in the crypto world should as a matter of default knows the position he wants to be whether to be day trader or to be a long term trader. A day trader is someone who is never caught up in a crash because crash dont happen at once its a gradual fall in price which the trend can be caught accordingly and actions would be taken. When price crashes, he is also buying at the crashed amount and sell when there is a little gain in price.
Others that shout are the ones that want to make the most profit in the short term which is not something that easy because there is no way to separate your activities from checking the daily price news, the predictions, the news for or against price, the FUDs and the real ones etc. Finally, choose one side and be free from heartbreaks.
In me personal view,
if this is the end of bitcoin,
downfall was more harsh and faster as historical markets such as tulip or stock.
if this is the end of bitcoin,
downfall was more harsh and faster as historical markets such as tulip or stock.
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