I'm ready to learn crypto - page 2. | Bitcointalksearch.org

KingsDen

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Quote from: Zanab247 on September 18, 2023, 02:22:21 PM

. Why newbies are more afraid of bear market than senior crypto users? Is it because they don't know that bull market will come up later? I asked this question because whenever there is a long bear in the market, I always have that feeling of making a wrong choice to invested such amount of money on crypto at the moment but when the bull take over the market I celebrate myself for making it. Can you impact us how to eliminate this spirit of fear in crypto investment by sharing your idea or experience because, I'm ready to learn crypto so that I will be bold in any season I will come across in the future.

Whenever the bear market last st longer than expected, there is always fear in the mind of the investors, not necessarily only newbies.
While some established members of the forum would seem that they are coordinated and not afraid of the market. There are other old members that are also afraid. What brings about this perpetual fear is the type of assets invested in.
I can see you have been mentioning that you want to learn crypto. There is a big difference between learning crypto as a whole and knowing about bitcoin. If you invest in Bitcoin and the bear market stays very long, your fear will not be much if at all you are supposed to be afraid. But if you bought a shitcoin or a random altcoin and the bear market stays longer, you should be afraid and if possible say bye to your Investments because those altcoins in the period of bull run might not see another all-time high till they extinct from the market

traderethereum

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Beginners are not ready to see price changes that occur constantly, so they worry too much and end up investing their money in inappropriate coins.
But if they only own bitcoins and focus on accumulating bitcoins, their choice will be right and will provide profits in the bull market later.

You don't need to be afraid of market changes as long as your focus is only on collecting bitcoins and buying bitcoins using DCA.
But if you want to trade, you must learn more about trading analysis to know market entries and exits.

In this case, beginners need to be more patient and calm so that they are not influenced by what other people do and can still decide to buy more bitcoins.
During a bear market like this, you get the opportunity to buy lots of coins that have the potential to increase but still focus on collecting bitcoin as the main investment.

Outhue

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What goes up must come down and what comes down also have it's surging days, this is how crypto works, avoid the negativity that many people are saying about crypto and develop your crypto foundation with knowledge and hope, you need to understand the market sentiment and oy invest what you can afford to lose, yes crypto can turn a poor man into a rich man but it's still risky, that's why you need to invest only what you can afford to lose.

Many crypto investors are not real investors, they have fear in them and that's why bear market looks like a never ending situation for all, but it's a matter of time and dedication, this tough time will also pass.

Learn how to make money off bear and bull markets, The majority of people lose money in the bull market and even the bear market, that's because they don't understand how the crypto cycle works, The Bear market is where you keep your mind out of fear and make decisions, people will run from the market to avoid losing money, but it's the best time for the brave to accumulate and wait.

The Bull market is where you want to start reaping your hard work in the bear market, avoid greediness and start taking profits, leave others out of it, and let them make their own decisions.

reagansimms

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Ignore all the negative views of the government and its minions on crypto assets, they are never happy with the presence of crypto because they consider it a threat to the continuity of their business. Decentralized Cryptocurrency cannot be controlled, making governments unable to fully accept crypto assets developing in their countries. The presence of Cryptocurrency has changed people's view of banks, bank customers are starting to turn to crypto because it offers all the advantages they don't find in banks.

There will always be people who want to learn Cryptocurrency after knowing all the advantages and convenience when making transactions, they will try to use their free time to read all the information that can increase their insight into crypto. Don't ever get bored of learning Bitcoin, you will get great benefits when you already know how to increase your income from Bitcoin.

Learn Bitcoin

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Quote from: Zanab247 on September 18, 2023, 02:22:21 PM

Now that I know how important crypto is to the life of humanity despite the condemned governments and many bankers has condemned the decentralized currency just to gain more population from the world, but the truth has show up for people to know that crypto is not a scam but an asset that will add income to you when you have the idea and invest on it.

The first thing you should know is all cryptocurrencies are not decentralized. All cryptocurrencies are not legit. I was reading a thread by 1miau a few minutes ago, and I think it's important for everyone to read. Here is where you can read it: Important to know: Difference Coin / Token and shady marketing practices. Scammers created thousands of cryptocurrencies to steal users' money, and those cryptocurrencies are centralized.

Quote from: Zanab247 on September 18, 2023, 02:22:21 PM

Why newbies are more afraid of bear market than senior crypto users? Is it because they don't know that bull market will come up later?

Actually, it depends. Seniors are afraid if they know they have invested in some pump-and-dump thing. The difference is seniors know which coin they bought and have an expected time to pump. If the time is over already, they know this toke won't make it anymore. So you have to choose the right coin, Bitcoin.

SquirrelJulietGarden

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Quote from: Zanab247 on September 18, 2023, 02:22:21 PM

Why newbies are more afraid of bear market than senior crypto users? Is it because they don't know that bull market will come up later?

Because with newbies, they don't understand about the psychology of market cycles.

They see profit clearly in bull market and always see losses in bear market but they don't know that even in a bull market, they can lose money and even can lose it more easily than in a bear market. Because in a bull market, many new scam projects will be created and they are advertised by influencers as very potential and good projects.

blue Snow

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Quote from: Zanab247 on September 18, 2023, 02:22:21 PM

Why newbies are more afraid of bear market than senior crypto users? Is it because they don't know that bull market will come up later? I asked this question because whenever there is a long bear in the market, I always have that feeling of making a wrong choice to invested such amount of money on crypto at the moment but when the bull take over the market I celebrate myself for making it. Can you impact us how to eliminate this spirit of fear in crypto investment by sharing your idea or experience because, I'm ready to learn crypto so that I will be bold in any season I will come across in the future.

A bear market is the best opportunity to collect crypto and invest it. Many newbies don't know that because they are only afraid of losing money. but there are some newbies who understand that and secretly bought it. Many people don't know this either because they judge the newbie is still a beginner who doesn't know anything, as you know he was just starting out in crypto, but have experience investing on stock and Foreign currency before.

Zlantann

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Quote from: Zanab247 on September 18, 2023, 02:22:21 PM

Can you impact us how to eliminate this spirit of fear in crypto investment by sharing your idea or experience because, I'm ready to learn crypto so that I will be bold in any season I will come across in the future.

Regardless of the level of knowledge you have gained in cryptocurrency investment, there is always the feeling of uncertainty when you want to invest. But you still put in your money because you believe that you will gain something from your investment. I have spent just a few years in the Bitcoin environment and have learned some ways of defeating the fear of investing in Bitcoin.

One of my strategies is to keep learning every day. I ensure that I gather basic knowledge of the past and recent developments in the Bitcoin space. Reading about the past will enable one to understand how Bitcoin works and knowing about the latest developments is important in making investment decisions. Knowledge is a potent instrument to fight FUD triggered by lies from the media.

Secondly to limit my fears and worries I don't invest more than I can afford to lose or bear. Acknowledging that the sector has it's level of risk has made to invest only funds I can survive without. There is no need to be greedy which can spur one to borrow or sell valuable assets to invest in Bitcoin just to make a huge profit. I have learned to be content and invest only what I can comfortably afford.

sheenshane

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Quote from: Zanab247 on September 18, 2023, 02:22:21 PM

Why newbies are more afraid of bear market than senior crypto users? Is it because they don't know that bull market will come up later?

I quickly checked your account it seems I found you were here 3 years ago which I think is enough time to gain knowledge and not be afraid of investing in crypto. The main reason could be, that newbies to crypto may not have experienced multiple market cycles and they might not be aware of the historical pattern of crypto markets, where bull markets are often followed by bear markets and vice versa. Senior users have likely been through these cycles and understand that bear markets are temporary.

Quote

I'm ready to learn crypto so that I will be bold in any season I will come across in the future.

Good to know!
Community engagement is an ideal way to boost your knowledge about crypto in a technical aspect, however, upon investing, you'll be safe if you intend to hold your crypto assets for a long-term purpose.

So good luck!

tabas

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Quote from: Zanab247 on September 18, 2023, 02:22:21 PM

Can you impact us how to eliminate this spirit of fear in crypto investment by sharing your idea or experience

Just look at the ones that have been successful investors. They're the most patient people in the world and doesn't look at the crypto market in the short term. There could be some rare cases that looked on this market in the short term, invested and then profited from it.
But that fear will only be removed if you ever experience how the volatility of this really is removing those that have weak hearts. If you happen to survive that moment, the bear market, then that has made you stronger than ever and that fear could be removed already if you ever witness that.

Quote from: Zanab247 on September 18, 2023, 02:22:21 PM

I'm ready to learn crypto so that I will be bold in any season I will come across in the future.

I'm sure you do and you have a stronger feeling emotionally and that's what you need to prepare for.

Questat

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Quote from: Zanab247 on September 18, 2023, 02:22:21 PM

Why newbies are more afraid of bear market than senior crypto users? Is it because they don't know that bull market will come up later?

No, I believe they know already but because of their doubtful minds and less experience, they've been influenced by their emotion and worried about the situation. It is normal for anyone who is new to crypto, the lack of trust because negativity arises and many people talk about when the market is in a bear situation and this will affect their thinking. But it all gonna change when we fully embrace and understand the volatility of the market. And of course, when having faith in crypto, especially for Bitcoin.

Spaceman1000$

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Quote from: Zanab247 on September 18, 2023, 02:22:21 PM

Now that I know how important crypto is to the life of humanity despite the condemned governments and many bankers has condemned the decentralized currency just to gain more population from the world, but the truth has show up for people to know that crypto is not a scam but an asset that will add income to you when you have the idea and invest on it. I believe many newbies are ready to learn crypto to improve despite the sacrifice you need to pay by reading books that contain crypto and more active in this forum to learn so many things from Bitcointalk forum. Why newbies are more afraid of bear market than senior crypto users? Is it because they don't know that bull market will come up later? I asked this question because whenever there is a long bear in the market, I always have that feeling of making a wrong choice to invested such amount of money on crypto at the moment but when the bull take over the market I celebrate myself for making it. Can you impact us how to eliminate this spirit of fear in crypto investment by sharing your idea or experience because, I'm ready to learn crypto so that I will be bold in any season I will come across in the future.

As somebody that really want to learn about crypto or wants to invest, you don't need to be afraid as bitcoin is tested and trusted investment. But you need to be careful with your learning process, don't rush into it, take out time to do your studies thoroughly.
In eliminating your fears as a new investor, you need to start with small amount and grow through the process little by little, with time you will build your expertise.
And don't be controlled by emotions too much as an investor, learn how to study the market forces before making a move.

Stable090

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Quote from: Zanab247 on September 18, 2023, 02:22:21 PM

Now that I know how important crypto is to the life of humanity despite the condemned governments and many bankers has condemned the decentralized currency just to gain more population from the world,

The government and banks are just fighting for their own personal interests, and they make everything look like bitcoin is bad and can only be used for bad things, and people who don’t really know anything about bitcoin will easily believe them. And they make fiat currency look like it’s not used for any illegal activity just because they know they can control fiat currency, but they don’t have power over bitcoin.

Quote from: Zanab247 on September 18, 2023, 02:22:21 PM

Why newbies are more afraid of bear market than senior crypto users? Is it because they don't know that bull market will come up later?

When beginners are afraid of bear markets, I don’t blame them since they are new to the crypto space, so I think it’s normal. Even beginners who have the mindset of holding for a long time will be scared if they witness a bear market because they don't know how it will end. But people who have witnessed bear markets before do not have to panic, they already know that after a bear market, there will be a bull run, and they have witnessed both bear and bull market before.

Quote from: Zanab247 on September 18, 2023, 02:22:21 PM

Can you impact us how to eliminate this spirit of fear in crypto investment by sharing your idea or experience because, I'm ready to learn crypto so that I will be bold in any season I will come across in the future.

No matter how you try to eliminate the spirit of fear in newbies, you are just wasting time because when there is a bear market, people are still going to panic, they might not sell, but some might be regretting why they invested early, they should have been holding a stable coin so that they will invest when the price is already down.

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You can only be afraid if you don't know the kind of investment plan you are going into, bitcoin investment is not a quick get rich scheme or a ponzi scheme you could just invest and expect to make serious profit over a night.
My only advice is that, you need to choose either Short term or long term with this you can be able to detect how much you can hold your bitcoin or not, naturally altcoin investment are always advisable to be short time if those coin are not reputable coin maybe a newly launched coin be subjected into short term since you don't know much about the project you are investing. You can always enjoy bitcoin while you hold for long term by then you could be that tension free, again before venturing into market always utilize the bear market and wait for the bull to strike only if you are interested on short investment.

edmundduke

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Quote from: Zanab247 on September 18, 2023, 02:22:21 PM

Now that I know how important crypto is to the life of humanity despite the condemned governments and many bankers has condemned the decentralized currency just to gain more population from the world, but the truth has show up for people to know that crypto is not a scam but an asset that will add income to you when you have the idea and invest on it. I believe many newbies are ready to learn crypto to improve despite the sacrifice you need to pay by reading books that contain crypto and more active in this forum to learn so many things from Bitcointalk forum. Why newbies are more afraid of bear market than senior crypto users? Is it because they don't know that bull market will come up later? I asked this question because whenever there is a long bear in the market, I always have that feeling of making a wrong choice to invested such amount of money on crypto at the moment but when the bull take over the market I celebrate myself for making it. Can you impact us how to eliminate this spirit of fear in crypto investment by sharing your idea or experience because, I'm ready to learn crypto so that I will be bold in any season I will come across in the future.

I would suggest having a look at different currencies and how they work aswell. Even if you have no interest in coding, knowing how something works (you can easily find some guides on Youtube) can help guide decisions in investing etc as you will be way more familiar with how something works.
I wish you luck on the learning journey

Fauderz

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Actually, it's quite simple in my opinion, because new people, especially those who are still learning crypto, will definitely experience more panic because they have never experienced it before, unlike those who have been in crypto for a long time.
Experience is important and we will only be able to know what to do after we have experienced so in this case it is very natural for many beginners to feel panic even though they have learned because in this case when even the theory is out of the head it is impossible for us not to panic in the realization that is done especially for the first time feeling bearish.

GeorgeJohn

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I'm emphasising on the point "while newbie been afraid of bitcoin whereas senior members are not afraid of bitcoin, number one reason is that the senior colleagues has been acclimatised with the rate or conditions of bitcoin whenever it's experiencing rising and falling, so therefore, we don't need say that bitcoin newbie is afraid of bearish season they only scared of losing their funs or capitals for the investment, in which it's obvious that many people have already experienced the rising and falling of bitcoin before they got to the Sr member rank, so they are no longer been afraid of bitcoin.

Zanab247

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Now that I know how important crypto is to the life of humanity despite the condemned governments and many bankers has condemned the decentralized currency just to gain more population from the world, but the truth has show up for people to know that crypto is not a scam but an asset that will add income to you when you have the idea and invest on it. I believe many newbies are ready to learn crypto to improve despite the sacrifice you need to pay by reading books that contain crypto and more active in this forum to learn so many things from Bitcointalk forum. Why newbies are more afraid of bear market than senior crypto users? Is it because they don't know that bull market will come up later? I asked this question because whenever there is a long bear in the market, I always have that feeling of making a wrong choice to invested such amount of money on crypto at the moment but when the bull take over the market I celebrate myself for making it. Can you impact us how to eliminate this spirit of fear in crypto investment by sharing your idea or experience because, I'm ready to learn crypto so that I will be bold in any season I will come across in the future.

Topic: I'm ready to learn crypto - page 2. (Read 331 times)