I GOT BURNT TODAY | Bitcointalksearch.org

Oceat

sr. member

Activity: 2506

Merit: 368

Quote from: Mahanton on July 23, 2019, 07:43:46 PM

Quote from: Finestream on July 23, 2019, 07:36:51 PM

Quote from: sweetbet on July 22, 2019, 07:45:39 AM

We've all experienced fomo. HODL and you will recover your money within a few weeks or months at the most.

FOMO does happen surely to all of us here.Buying at its peak is not really considered a loss,we will only lose if we end up panic selling.So never gets tired of holding your coins until you see the market shows you good sign to sell.The money you spent in buying will definitely be double or triple when there is a bull run that will soon to appear.

Doubling or Tripling is possible but we would need to wait up for too long in these case specially with Bitcoin.For alts then it might be possible but for btc and other
top altcoins in the market then it will surely takes time.

It cant be considered as being burned if we arent selling any coins that we have bought.Patience would really be tested out in these kind of times.

Panic selling is your worst nightmare if you lose control of yourself because you were stressed out too much while watching the price that keeps on falling. Only people who do have a lot of patient tolerance who can hodl for a long time as long as he believes what was his target price before he will be going to sell it.

"You don't get burned if you don't sell it" Grin

Mahanton

hero member

Activity: 2730

Merit: 632

Quote from: Finestream on July 23, 2019, 07:36:51 PM

Quote from: sweetbet on July 22, 2019, 07:45:39 AM

We've all experienced fomo. HODL and you will recover your money within a few weeks or months at the most.

FOMO does happen surely to all of us here.Buying at its peak is not really considered a loss,we will only lose if we end up panic selling.So never gets tired of holding your coins until you see the market shows you good sign to sell.The money you spent in buying will definitely be double or triple when there is a bull run that will soon to appear.

Doubling or Tripling is possible but we would need to wait up for too long in these case specially with Bitcoin.For alts then it might be possible but for btc and other
top altcoins in the market then it will surely takes time.

It cant be considered as being burned if we arent selling any coins that we have bought.Patience would really be tested out in these kind of times.

Finestream

hero member

Activity: 3052

Merit: 606

Quote from: sweetbet on July 22, 2019, 07:45:39 AM

We've all experienced fomo. HODL and you will recover your money within a few weeks or months at the most.

FOMO does happen surely to all of us here.Buying at its peak is not really considered a loss,we will only lose if we end up panic selling.So never gets tired of holding your coins until you see the market shows you good sign to sell.The money you spent in buying will definitely be double or triple when there is a bull run that will soon to appear.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

You don't need to feel afraid if you cannot enter the market, you will get your chance if you search deeper on the market. I am sure that you will that way and you can manage the risk so you can get the coin at a low price. Anyway, FOMO will always be there but you don't have to be like them because, with your analysis, you can enter the market anytime.

sweetbet

full member

Activity: 961

Merit: 110

SweetBet.com

We've all experienced fomo. HODL and you will recover your money within a few weeks or months at the most.

stadus

legendary

Activity: 3080

Merit: 1292

Hhampuz for Campaign management

Quote from: ivankoh on July 21, 2019, 11:44:56 AM

Quote from: dmty.0809 on July 15, 2019, 08:20:46 AM

Take it easy, don't panic. Because all the prices of bitcoin and altcoin have decreased sharply. Hold and surely the price will rise again, there are times when the price will be bullrun. Keep checking the market every day so you don't miss a moment.

Keeping track of the daily market is essential for a trader because it helps you to capture new developments in the market, and can make the right decisions. Many investors do not regularly monitor the market every day and when volatility occurs they are unable to make accurate decisions.

An investors does not necessarily monitor the volatility of the market, it's more like a job of a day trader for me.
Investors won't loss in volatility, they look at the future price and hope the value will increase.

Cherylstar86

sr. member

Activity: 1484

Merit: 253

Quote from: sweetbet on July 11, 2019, 09:18:43 PM

Patience is a virtue. Even if you bought the top end of the pump, if you invested in a solid project, then I would advise you to hodl until you at least make your money back. So many investors have heavy bags that are underwater, but as the cryptoverse grows and more people enter the crypto space, the solid projects will prosper.

We all need space on our current struggles these days, as patience sustains and you knew what community you belong for your asset you don't have to worry. Even though we're not certain of those projects that's aiming for successful results, I believe someday it will hit the target.

ivankoh

full member

Activity: 1428

Merit: 120

Sugars.zone | DatingFi - Earn for Posting

Quote from: dmty.0809 on July 15, 2019, 08:20:46 AM

Take it easy, don't panic. Because all the prices of bitcoin and altcoin have decreased sharply. Hold and surely the price will rise again, there are times when the price will be bullrun. Keep checking the market every day so you don't miss a moment.

Keeping track of the daily market is essential for a trader because it helps you to capture new developments in the market, and can make the right decisions. Many investors do not regularly monitor the market every day and when volatility occurs they are unable to make accurate decisions.

Pamadar

legendary

Activity: 2982

Merit: 1028

Quote from: sweetbet on July 11, 2019, 09:18:43 PM

Patience is a virtue. Even if you bought the top end of the pump, if you invested in a solid project, then I would advise you to hodl until you at least make your money back. So many investors have heavy bags that are underwater, but as the cryptoverse grows and more people enter the crypto space, the solid projects will prosper.

Patience should be learned alongside of your invested money, it's hard to see that after buying at the peak the value went down so quickly, placing your investment to the losing side, you need to find courage to hold and not to allow yourself to quickly sell out not unless you have some hint that it will continue to fall then you can sell it out and buy more in times of continuous downfall.

Iykecollins

copper member

Activity: 376

Merit: 1

This is normal for a regular trader, that is why it is good to always plan a good entry and exit, I just got burnt just now but I blame it to my not analyzing the charts very well. I am just waiting for another good entry, don't allow it to weigh you down but prepare better for a next shot

sweetbet

full member

Activity: 961

Merit: 110

SweetBet.com

Patience is a virtue. Even if you bought the top end of the pump, if you invested in a solid project, then I would advise you to hodl until you at least make your money back. So many investors have heavy bags that are underwater, but as the cryptoverse grows and more people enter the crypto space, the solid projects will prosper.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: coingrowth on July 15, 2019, 04:32:28 AM

The day has come because yesterday was the correction day which the price of Bitcoin goes down below 10500$, which we might see the downfall will still continue and the Bitcoin price fluctuation is effecting on other coins which many potential coins have decreased their prices hugely.

Yup bitcoins did dip below 10k USD again. This is the probable correction coming from the bears having their selling pressure cleared out gradually. Lets hope it does not dip even more and rises back to 10k as the bulls get back in the game. OP is probably long gone while you guys keep discussing about what happened to them. Cheesy

Quote from: dmty.0809 on July 15, 2019, 08:20:46 AM

Take it easy, don't panic. Because all the prices of bitcoin and altcoin have decreased sharply. Hold and surely the price will rise again, there are times when the price will be bullrun. Keep checking the market every day so you don't miss a moment.

I am sure he has sold his coins and bought back by now. Market is dipped for a good buying price if you haven't already. This is not the time to hold but to buy because prices are cheap now.

torry28

legendary

Activity: 1680

Merit: 1001

Quote from: dmty.0809 on July 15, 2019, 08:20:46 AM

Take it easy, don't panic. Because all the prices of bitcoin and altcoin have decreased sharply. Hold and surely the price will rise again, there are times when the price will be bullrun. Keep checking the market every day so you don't miss a moment.

Checking the market in everyday only makes you think you should sell your coin now or the price will down later. I mean, if you believe if bitcoin will be rise more, just hold your coin and forget about market for some time or set your selling limit with the price you want so if btc already hit that price, you don't missed to sell it on peak price

dmty.0809

sr. member

Activity: 756

Merit: 250

Take it easy, don't panic. Because all the prices of bitcoin and altcoin have decreased sharply. Hold and surely the price will rise again, there are times when the price will be bullrun. Keep checking the market every day so you don't miss a moment.

Wduarte24

brand new

Activity: 0

Merit: 0

I totally agree with you, need to understand each terms very carefully and don't be disappoint and your should know the worth of it. So be motivated all the time.

coingrowth

member

Activity: 416

Merit: 21

Quote from: ?? on ??

it looks like you have to be more patient. at this moment the price correction occurs, and I think a considerable decline will occur. so keep calm and don't panic about the correction, I'm sure the price will exceed $ 11k

The day has come because yesterday was the correction day which the price of Bitcoin goes down below 10500$, which we might see the downfall will still continue and the Bitcoin price fluctuation is effecting on other coins which many potential coins have decreased their prices hugely.

rodel caling

full member

Activity: 952

Merit: 104

Quote from: Mahanton on June 22, 2019, 05:40:59 PM

Quote from: BayAngelo on June 22, 2019, 03:48:11 PM

Surely. i entered the market at its peak. Cry

. i doubt if i will survived this epic move of mine. btc was at 11,000K. i never checked TAs and just entered. i pray i recovered my money back. actually, it was FOMO. to be honest.

Don't stress yourself too much.Yeah,you had bought on the peak yet the price is dropping now but come to think that
you aren't selling it yet so it isn't still consider as a loss or being burnt.Just hold it up pal, yet we are just starting for a bull ride.
It will recover soon and its important not to panic sell.

That is pretty great advice from you mate. Op are panicking because they worry for this currently price drop because of a little bit effect of trump tweet. And yes I agree with you the bull ride is coming aoon so positive until op hold and keep it coin didn't considered burnt his money specuif bull run goes start.

FanEagle

legendary

Activity: 2884

Merit: 1117

Leading Crypto Sports Betting & Casino Platform

You may get burned today but maybe you did a great trade for the future? Who knows. Maybe if you bought at 13-14 thousand dollars you will still profit in couple of months. That is how it is for bitcoin world, you sometimes think you bought too high and it will go down and instead it goes up makes you profit or you sold and missed out on a good profit, sometimes you buy low and think that you got it right and it will go up from there and it just keeps going down.

There is really no person with a magic ball that can tell them which price is perfect to buy bitcoin and when it will go up or when it will go down, the only certainty in bitcoin is that it will probably be lower than this price in the future and it will probably be higher than this price in the future as well.

slaman29

legendary

Activity: 2674

Merit: 1226

Livecasino, 20% cashback, no fuss payouts.

Hey, at least you recognize the fact that you were part of the fomo, hope you managed to hold because it wasn't long ago really. And while now the bears are strong, the longterm chart is still bullish. In fact, long term is always bullish. So as an investor, be patient. Of course, if you speculated and wanted quick bucks, then you learn your lesson.

ufaiz50

hero member

Activity: 1666

Merit: 502

Quote from: BayAngelo on June 22, 2019, 03:48:11 PM

Surely. i entered the market at its peak. Cry

. i doubt if i will survived this epic move of mine. btc was at 11,000K. i never checked TAs and just entered. i pray i recovered my money back. actually, it was FOMO. to be honest.

Calm down, if you feel your decision is wrong to try to start from the beginning, I think you already know how the fomo is delivered and if you learn from it you will become a better trader. Many peoples like you, where they bought because of Fomo even though the market had gone up and there was no correction.

Topic: I GOT BURNT TODAY (Read 1405 times)