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Topic: It´s not about IF but WHEN - don't panic - page 2. (Read 627 times)

member
Activity: 868
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I want people be aware that investing (not only in bitcoin) should know first its rule. Indeed, every investment place have the same rule but if you know the ins and out about the place you will be know that the place has own rule that is different with another place. It mean, learning about bitcoin first before spend money is more important here. Most people who just went away because they failed to invest in bitcoin are they who have no knowledge against bitcoin, they only force themselve to gain money as much as possible and didn't pay attention the basic thing beside it.
member
Activity: 434
Merit: 29
Guys, how many times BTC faces a lot of problems, and there´s always people saying: BTC is scam, BTC will reach zero, BTC is over, BTC is dead?


EVERY SINGLE YEAR since BitCoins high, people have been saying that " This Year " BitCoin would go to the moon by the end of the year  Cheesy Cheesy Cheesy

Had I said in Jan 2018, and Jan 2019, that BitCoin would be at 6700 in 2020, you would have all ridiculed and dismissed it as FUD,  but now it is FACT.

WISE UP...



hero member
Activity: 2912
Merit: 556
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If you have been in crypto for so long I think you should get used to it already.
The price would drop down but it would always move up again and it is true it isn't about if it is about when.
When would it bounce back again because it would surely bounce back.

Yes, now we see bitcoin bounce back, and that is a good sign for us to prepare for the next thing that might happen with bitcoin. Perhaps, we don't know what will happen, but if we are ready, then we can follow where the price wants to go. I think right now, and it is a good time to sell some bitcoin at a high price before the rate adjusts to the lower price again. As long as we don't panic with anything happen at the market, we can see the chance to use the moment for ourselves, and who knows, we will be able to make a big profit later.
sr. member
Activity: 994
Merit: 257
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If you have been in crypto for so long I think you should get used to it already.
The price would drop down but it would always move up again and it is true it isn't about if it is about when.
When would it bounce back again because it would surely bounce back.
hero member
Activity: 2744
Merit: 541
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Guys, how many times BTC faces a lot of problems, and there´s always people saying: BTC is scam, BTC will reach zero, BTC is over, BTC is dead?
everytime when Bitcoin starts fading and same personalities are coming from the dead to Create fud again,there are same faces whos being active only when the market is dumping but become silence when the bull return.

So it´s just a question of time, if you have money, buy BTC and wait, just wait
If you have BTC enough, just hold
the problem is those who are throwing bad words for bitcoin are those same person that waiting for the price to fall down so they can purchase more.
We have been through MANY situations like this.
Why would that be the last?
So it´s just a question of TIME, soon or later we'll see green candles everywhere
and Green are starting to fire now,actually since yesterday because market now grows 20billion dollars in capitalization.
full member
Activity: 232
Merit: 113
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Guys, how many times BTC faces a lot of problems, and there´s always people saying: BTC is scam, BTC will reach zero, BTC is over, BTC is dead?

And every single time BTC rise and stay relevant

So it´s just a question of time, if you have money, buy BTC and wait, just wait
If you have BTC enough, just hold

We have been through MANY situations like this.
Why would that be the last?
So it´s just a question of TIME, soon or later we'll see green candles everywhere

I agree with you and it is not just a question of time but also able to have a longer patience. Bitcoin really faces many problems, but it still now alive. People should not startle because of its price dropping on the market. Please do have a patience because after this crisis about corona virus, I think the market for the cryptos will go back again to normal.
legendary
Activity: 3024
Merit: 2148
Panicking is one of the worst things you can do as an investor, when the price has fallen there's really not much you can do, the risk that it will fall further is always low, so it's unlikely that you will save yourself from further losses. People who sold below $4k must be really salty right now, as the price already increased by 50% from that.

We have been through MANY situations like this.
Why would that be the last?
So it´s just a question of TIME, soon or later we'll see green candles everywhere

To be honest, this is the first time Bitcoin experienced a global market crash, so it's not exactly the same as Bitcoin's own speculative crashes. But fundamentally nothing changed for Bitcoin, it's network still works, so in the long run this crash will have no effect.
sr. member
Activity: 1330
Merit: 326
I believe those who were at panic in times like this were the ones who are new at this crypto world. The fact that this will flactuate ease the worries of investors. And the moment that we invest bitcoin, we knew that we will experience volatile prices. This is not the worst bottom. Last year, we've seen btc at $3k but we still hold. Now is not the time to panic but see the good side and opporunity of it.
copper member
Activity: 2968
Merit: 575
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Guys, how many times BTC faces a lot of problems, and there´s always people saying: BTC is scam, BTC will reach zero, BTC is over, BTC is dead?

And every single time BTC rise and stay relevant

So it´s just a question of time, if you have money, buy BTC and wait, just wait
If you have BTC enough, just hold

We have been through MANY situations like this.
Why would that be the last?
So it´s just a question of TIME, soon or later we'll see green candles everywhere
Yeah, what you wrote over here is true. But, trust me. It is easy to say but hard to execute. Think about those new investors that have invested thousands of dollar on bitcoin and then all of a sudden they see their investment going down every hour. Obviously they are going to panic and try to save remaining of their investment by selling it. Now there are hundreds of such investors that starts panicking. I wouldn't blame them at all. They have never experienced such thing before, so it is quite normal for them to panic.
I would also suggest the same, take advantage of the dipping to maximize your profit!
hero member
Activity: 2842
Merit: 772
If I may just add, yes we have seen a lot of times that bitcoin has been tested, but every time is was different. And so are today, we haven't seen this pandemic before, that's why the market reacted very negative that really tested a lot of traders/investors psychologically.

So the market has been shaken, weak hands have sold, but still probably go back to BTC again when they realised that they have made the mistake of selling off in the panic. BTC now is up by 20%.
sr. member
Activity: 2422
Merit: 264
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Bitcoin hit by a hammer on the head, market already crashed and we don’t know exactly when the situation turns up completely
but  we are seeing light at the end of the tunnel, it needs some months but the situation will become better everyday now.
anyway we will have a vaccine this fall  Smiley
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
There are always Bitcoin users who tend to panic and especialy now in this time of uncertainty.
Every time when the price is down so many people spread paroles like Bitcoin is a bubble, it's over, it's scam and similar and in opposite situation when price goes up everyone is excited saying Bitcoin to the moon.
But all these two groups are showing they are ignorant about Bitcoin and not very well aware how it's functioning.
Now it's time to stay calm.and not to panic but have patience because sooner or later price will recover.
legendary
Activity: 3248
Merit: 1402
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Guys, how many times BTC faces a lot of problems, and there´s always people saying: BTC is scam, BTC will reach zero, BTC is over, BTC is dead?

And every single time BTC rise and stay relevant

So it´s just a question of time, if you have money, buy BTC and wait, just wait
If you have BTC enough, just hold

We have been through MANY situations like this.
Why would that be the last?
So it´s just a question of TIME, soon or later we'll see green candles everywhere
I believe the same thing. Bitcoin has been through rapid drops like the recent one before, I remember them. I would even say that back then it seemed more of a big deal to me because it was triggered by something related to cryptos (South Korea's regulations, Craig Wright's crazy behavior). This time it's not about Bitcoin or cryptos, it's about the world economy and an obvious trigger. As for holding, though, many point out in this situation that it just doesn't make sense. Why hold and risk if you can sell and buy afterward? I behave as if nothing happened, I try not to touch my BTC for now.
sr. member
Activity: 644
Merit: 364
In Code We Trust
Would it be clear if we understand the word "Volatility" ? because knowing it will allow us to fully understand why prices fluctuates that much and I could say, there is a never ending ups and down for the price of bitcoin. But I am sure that over time, Bitcoin's market price will increase slowly because of the word "Scarcity". As long as many adopts bitcoin as their currency, more and more demands comes upon it. That is the reason to say that bitcoin is gaining higher ATH over the years.

Well, regarding the term "Panic", it doesn't really applies to everyone as long as the person knows how the market behaves, they will hodl till a profitable price is there, and that is the time they could sell.

If I were you, just hodl whenever your funds have big losses, because merely selling it with the low market price is like surrendering and accepting losses.
sr. member
Activity: 1036
Merit: 329
People usually lament during times like this and quickly forget how profitable the market has been to their favor. It's part of human nature to complain when their target is not achieved. Bitcoin has fallen many times and quickly rise back. Just see how volatile the bitcoin market has been, such way much more is made by day traders, while they daily smile, another person laments.
This is the good time for buying and full all your bags the only problem is if you have enough money to use to full it.

Since its crisis you will also need money to buy things that you need are preparing your budget if something worste happen.
Many people forget to buy stocks or crypto at this time because they are much more needed fiat.
member
Activity: 858
Merit: 13
Christ The King
People usually lament during times like this and quickly forget how profitable the market has been to their favor. It's part of human nature to complain when their target is not achieved. Bitcoin has fallen many times and quickly rise back. Just see how volatile the bitcoin market has been, such way much more is made by day traders, while they daily smile, another person laments.
legendary
Activity: 2366
Merit: 1408

 but time and again btc always raise to the occasion and shut them all up,


BitCoin has never seen an ECONOMIC CRISIS.  BitCoin Grew up in a bubble economy where almost nothing could lose.   Whatever you saw in the past means nothing, it is a DIFFERENT WORLD and ECONOMIC CRISIS NOW, and BitCoin is crashing worse than anything....

Hard Facts

BTC is not crashing worse than anything like you said
Look at stocks, at least in my country they have to stop 6 times due to the losses, and how many times did we stop BTC?
Everytime is different, and they said lot of times that BTC will not survive that time because was different...

So, money did not disappear, soon or later people will put money again on streets
hero member
Activity: 2716
Merit: 552
Guys, how many times BTC faces a lot of problems, and there´s always people saying: BTC is scam, BTC will reach zero, BTC is over, BTC is dead?

And every single time BTC rise and stay relevant

So it´s just a question of time, if you have money, buy BTC and wait, just wait
If you have BTC enough, just hold

We have been through MANY situations like this.
Why would that be the last?
So it´s just a question of TIME, soon or later we'll see green candles everywhere

That's the spirit. Always be positive with every movement of Bitcoin.
When you see it's declining, then it means Bitcoin is inviting more investors to come in the market, and when it's rising, then it is giving the investors the opportunity to sell and get the desired profit, depends on the specified target.
I have seen Bitcoin in this situation many times as well, and I'm still wondering why there are still people who panics when the price drops big time (except those who are new to the game).
full member
Activity: 560
Merit: 104
terra-credit.com
In fact, the crypto world is always full of surprises that were unthinkable before. New investors come when the pump price hype, they buy without calculation and analysis, then when the price move not as expected, they lose, then say BTC scam, etc. That's a very careless act. Although the history of previous price developments cannot be used as a definite reference, we can learn a lot from this pattern to prepare for the next step. Indeed, this is only about time, as proof of whether the analysis and strategy that we have implemented are appropriate or not. So first understand the risks, so it is not easy to get caught in mistakes.
sr. member
Activity: 2506
Merit: 368
Those were the weak hands who's always saying Bitcoin is dead once they see such downfall of the price. I guess they never trust Bitcoin or their investment in the first place that's why it's so easy for them to say that. Bitcoin is indeed volatile but once you trust the process no matter what are the circumstances, I believe you will achieve what you are wishing for. It's a matter of trust with your investment so there's no need to panic.
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