No need to be worried. A war against Bitcoin just began by financial institutes and governments, as they fear losing influence to customers/citizens. As we see on Korea, they took back their announcements for Bitcoin ban, because they fear to lose a majority of voters.
Financial institutes also try to manipulate Bitcoin price to gain profits. But also there was only a quite little correction, when we remember the Bitcoin price at beginning of last year at 800$.
But governments and financial institutes will not get back the influence to the whole Bitcoin community, that is still growing. It is to strong already.
Governments can't remove cryptocurrencies and their technology like they couldn't remove internet.
Topic: I am worried! - page 7. (Read 983 times)
Fear means one thing, and one thing only.
You either made extremely poor choices, or (well, AND) you are not cut to be here.
This is a madhouse, volatile, reckless, and irrational market. Suscepptible to emotion, manipulation, and moodswings that make bleeding 13 year old girls look like butter bisquits. Do not be afraid.
Fear is how not only you end up losing everything, it is also fucks with your health.
Do not be afraid. Yes, this might be the end. it's possible. chances are it's not, on balance, but nobody can predict it. If it IS the end, so be it. It will come wether you panicked or not. You'll just get there with your liver intact.
Now, IF you have money tied up in bitcoin you cannot afford to see vanis... first of all, know it's people like you that fuck the world. secondly, sell now, everything, at a loss. kep at most 1% of whatever you're holding and get out. never come back.
You either made extremely poor choices, or (well, AND) you are not cut to be here.
This is a madhouse, volatile, reckless, and irrational market. Suscepptible to emotion, manipulation, and moodswings that make bleeding 13 year old girls look like butter bisquits. Do not be afraid.
Fear is how not only you end up losing everything, it is also fucks with your health.
Do not be afraid. Yes, this might be the end. it's possible. chances are it's not, on balance, but nobody can predict it. If it IS the end, so be it. It will come wether you panicked or not. You'll just get there with your liver intact.
Now, IF you have money tied up in bitcoin you cannot afford to see vanis... first of all, know it's people like you that fuck the world. secondly, sell now, everything, at a loss. kep at most 1% of whatever you're holding and get out. never come back.
Right!
And despite the fact that FUD/Panic always leads to price decrease but I always see it as a healthy symptom and a brilliant opportunity to increase your holdings (according to your plans and budget of course) or to jump in the boat (for people who aren't onboard yet)
And despite the fact that FUD/Panic always leads to price decrease but I always see it as a healthy symptom and a brilliant opportunity to increase your holdings (according to your plans and budget of course) or to jump in the boat (for people who aren't onboard yet)
The lack of knowledge is definitely something that drive people to sell. If people trusted the technology, they wouldn't panic sell just because Warren buffet or Jamie Damon said something. My advice for newbies would be to only browse /r/Bitcoin and Bitcointalk, FUD is much less compared to other places like Twitter but I don't think this is possible to stop as there will be always people who join without educating themselves.
Most of the newbies does not even know how Bitcoin really works they are not even supporting Bitcoin they're in just for the cash that then can get for the volatile price of it. If you do know the potencial of BTC it depends to you on what you would do with your holdings.
Yes many people here are not supporting crypto currency world they only working to earn bitcoin, and those users are very affected in decreasing its value because their earning would be lower than usual, while us a trader we are afraid for loosing our investments. Hoping that crypto world will recover fast. Everyday, more and more fud are being spread all throughout the internet because of the recent happenings on bitcoin. Which causes the prices to decrease even more. Even when they do not have enough knowledge about bitcoin peole believe them because they are famous. I think this will be bad for bitcoin. Specially for newbies that only bought bitcoins for greed and don't understand how it works. They will surely panic sell and also spread fud about bitcoin because they lost capital because of their stupidity. This really is a but scary. But i sure won't be selling my bitcoins no matter what.
Seriously, I think you should just get out of Bitcoin. Every time there is a dip we get all the nervous panic posts here and everywhere. It's always going to be the same, so if you are the nervy type I suggest you get out for your own peace of mind because it will always be this way.
Most people don't have the bottle for Bitcoin
Bitcoin tradings or other cryptocurrency trading is not for people who is soft, you need to stay calm and trust the system or else you will end up frustrated. I am down $5,000 as of this moment but I am not withdrawing it by the way because I believe on it that it will bounce back again to a much more higher price despite that left and right FUDs. The current total market cap of the whole cryptocurrency is down by almost $200 billion and I think there are whales that withdrawn back their investments so if you will be affected by this then it's up to you.
I believe that before buying bitcoins newbies should learn and study alot about crypto currencies and crypto market, because investments is a pretty serious things. If they have enough knowladge they will be able to make their own conclusions
we need learn every thing that brings good stuff for us so you know what you will do in the future.
Most of the newbies does not even know how Bitcoin really works they are not even supporting Bitcoin they're in just for the cash that then can get for the volatile price of it. If you do know the potencial of BTC it depends to you on what you would do with your holdings.
I believe that before buying bitcoins newbies should learn and study alot about crypto currencies and crypto market, because investments is a pretty serious things. If they have enough knowladge they will be able to make their own conclusions
Everyday, more and more fud are being spread all throughout the internet because of the recent happenings on bitcoin. Which causes the prices to decrease even more. Even when they do not have enough knowledge about bitcoin peole believe them because they are famous. I think this will be bad for bitcoin. Specially for newbies that only bought bitcoins for greed and don't understand how it works. They will surely panic sell and also spread fud about bitcoin because they lost capital because of their stupidity. This really is a but scary. But i sure won't be selling my bitcoins no matter what.
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