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Topic: How to overcome fear and doubt in bitcoin? - page 3. (Read 388 times)

jr. member
Activity: 35
Merit: 4
MORPHEUS LABS
February 12, 2018, 10:48:18 AM
#11
They just have to study more about cryptocurrencies, investing and trading. Once they full understand it i'm sure they will gain trust over bitcoins. Interms of investing, all investments have risks involved so there's nothing new with that, also, if they take a look on previous years graph on the price of bitcoins, the dip always happen at this time but recovers before mid year, so no worries, bitcoin will recover.
hero member
Activity: 994
Merit: 544
February 12, 2018, 10:45:37 AM
#10
     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?

I do not think that there is cure for that unless bitcoin price goes up again to its price two months ago.  They are the ones who are new into bitcoin.  Or they are the ones who invested a good amount of money.  The only cure would be telling them to relax and just wait for bitcoin price to goes up.
full member
Activity: 336
Merit: 106
February 12, 2018, 10:45:08 AM
#9
First thing you should do is research and study what and how bitcoin works. If you know the ins and outs of bitcoin then you will have a lot of confidence when you're investing. Second is invest what you can afford to lose. Don't go over board and sell all your properties just to invest bitcoin. I know bitcoin is high risk but always remember, the higher the risk, the higher the gain.

If you really knew what you were investing in and see how much it had potential, you wouldn't be too worried of losing investment with the thought in the back of your head that bitcoin will continue to become better and have higher value in the future. Another is to expect that the price will change often and there will be times when the price will go down. You have to be ready for this because most investors get scared when the price drops and they choose to sell right away then regretting it right after.
full member
Activity: 252
Merit: 101
February 12, 2018, 10:41:49 AM
#8
You should change your mindset that in every business you should take the risk.
Like in bitcoin, if you're going to invest it may go up and also may go down.
The status is not always stable.
You should professionally open your mind to accept and be brave to face the risks.
jr. member
Activity: 266
Merit: 1
February 12, 2018, 10:30:48 AM
#7
First thing you should do is research and study what and how bitcoin works. If you know the ins and outs of bitcoin then you will have a lot of confidence when you're investing. Second is invest what you can afford to lose. Don't go over board and sell all your properties just to invest bitcoin. I know bitcoin is high risk but always remember, the higher the risk, the higher the gain.
jr. member
Activity: 251
Merit: 2
February 12, 2018, 10:25:29 AM
#6
     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?


Yes obcourse, because this is volatility there is a possibility to  the price high is back again, so my advise to all the people who would be panic this situation of bitcoin is just to relax and calm. try to look at the Blackchain market it is gradually higher price value don't lose your hope you gonna get a big profit when you apply to your self become patience anytime.
member
Activity: 294
Merit: 14
February 12, 2018, 10:14:08 AM
#5
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.
newbie
Activity: 54
Merit: 0
February 12, 2018, 10:07:12 AM
#4
You can overcome fear and doubt in bitcoin if you trust and believe in bitcoin. Believe that its value will continue to increase with time. Also, you should take risks because investing is always a risk. You cannot earn a lot by just staying in your comfort zone and afraid of taking risks.
full member
Activity: 448
Merit: 110
February 12, 2018, 10:03:23 AM
#3
    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?

Every investment, be it offline or online, has an/some element(s) of risk which every intending investor should get themselves informed of before taking that plunge. Knowledge of these risks beforehand and planning an exit strategy to mitigate losses is the only cure.
newbie
Activity: 91
Merit: 0
February 12, 2018, 09:56:45 AM
#2
First you should take a risk.Like in bounties,based on my experience not all bounties gives the agreed stakes once you are done with your task.But through perseverance and posivity,anything is possible you just have to lessen your guard and let yourself explore the opportunities in bitcoin. Smiley
newbie
Activity: 281
Merit: 0
February 11, 2018, 04:11:52 AM
#1
     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?
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