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Topic: Keep calm, and take a coffee. A trader said... - page 2. (Read 1451 times)

full member
Activity: 812
Merit: 100
Keep calm, and have a coffee, said me a trader when lemhan and half  financial world collapsed in 2008. He said "Don't follow your ideas, follow the market! Remember that as the world goes, there will always be something to eat ".


Nothing could be more true!

If you are a trader, a real trader, you  will make your fortune when the market goes down and others sell! Short all & buy at discount. The sales time is starting
I believe that bitcoin  or the market will be back to normal.  So keep calm and don't panic and buy more as you can. Who knows by the end of this year we get surprise that market will green day again.
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
To sell now, this is the worst thing that those who bought at 10,000 can do. It's better to really drink a cup of coffee and for a while not even look at the graphics.

It actually depends on your risk appetite, so yeah it could've been the better choice vs cashing out sometime lower.

With regards to the market, it's been showing signs of life lately, although I really suspect that this upward movements as a trap.
hero member
Activity: 1400
Merit: 536
I am a little more relaxed because I have reduced my investments in Bitcoin, and Bitcoin will not regain its reputation as long as it does not go down to $ 10,000. Yes, I think the biggest problem is still not new investors. So big companies and brands should support Bitcoin.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!

I may feel that trades are getting busy buying coins right now before taking their rest and waiting for a market bounce back. Exactly this is the moment to relax cause if you always check your holdings, it only gives you stress and make you sad,  it is much better to check it 2 weeks from now and to see possible changes for sure.

That is indeed what I do - I almost completely avoid checking balances during the bearish trend.
For the same reason, I also avoid watching the news on a telly.....

Well coffee sometimes brings anxiety to people so i'd skip on the coffee but i'm ready to ride out whatever's coming our way here. I don't even mind looking at the price plummetting. I'm past that stage right now and basically i'm just looking at it as a long term investment that may take a little longer to reap the rewards.
jr. member
Activity: 51
Merit: 2
Namaste
Price is What You Pay, Value is What You Get.

Warren Buffett once said that as an investor it is wise to be “Fearful when others are greedy and greedy when others are fearful.” ... Keep in mind, the price is what you pay, and value is what you get—pay too high a price and returns are decimated.21 Jan 2016
full member
Activity: 322
Merit: 141

I may feel that trades are getting busy buying coins right now before taking their rest and waiting for a market bounce back. Exactly this is the moment to relax cause if you always check your holdings, it only gives you stress and make you sad,  it is much better to check it 2 weeks from now and to see possible changes for sure.

That is indeed what I do - I almost completely avoid checking balances during the bearish trend.
For the same reason, I also avoid watching the news on a telly.....
hero member
Activity: 1078
Merit: 501
Keep calm, and have a coffee, said me a trader when lemhan and half financial world collapsed in 2008. He said "Don't follow your ideas, follow the market! Remember that as the world goes, there will always be something to eat ".


Nothing could be more true!

If you are a trader, a real trader, you will make your fortune when the market goes down and others sell! Short all & buy at discount. The sales time is starting
I agree, but there are still most of us doesn't believe that bitcoin will rise up again in the future because they are just believing with those fake news that is spreading the whole time, that buys bitcoin price is dropping drastically.
hero member
Activity: 1946
Merit: 502
Dont look at the market for at least a month, think of a thing that will separate you from crypto world. We are in bear market this month and we need a vacation in seeing our portfolios, and thats what i do.
newbie
Activity: 168
Merit: 0
To sell now, this is the worst thing that those who bought at 10,000 can do. It's better to really drink a cup of coffee and for a while not even look at the graphics.
hero member
Activity: 2828
Merit: 518
Keep calm, and have a coffee, said me a trader when lemhan and half  financial world collapsed in 2008. He said "Don't follow your ideas, follow the market! Remember that as the world goes, there will always be something to eat ".


Nothing could be more true!

If you are a trader, a real trader, you  will make your fortune when the market goes down and others sell! Short all & buy at discount. The sales time is starting

You know that coffee actually increases the blood pressure?  Grin

Top traders always do exactly the opposite of what everybody else does.... Somehow I never get to figure what that is  Cheesy
I may feel that trades are getting busy buying coins right now before taking their rest and waiting for a market bounce back. Exactly this is the moment to relax cause if you always check your holdings, it only gives you stress and make you sad,  it is much better to check it 2 weeks from now and to see possible changes for sure.
full member
Activity: 322
Merit: 141
Keep calm, and have a coffee, said me a trader when lemhan and half  financial world collapsed in 2008. He said "Don't follow your ideas, follow the market! Remember that as the world goes, there will always be something to eat ".


Nothing could be more true!

If you are a trader, a real trader, you  will make your fortune when the market goes down and others sell! Short all & buy at discount. The sales time is starting

You know that coffee actually increases the blood pressure?  Grin

Top traders always do exactly the opposite of what everybody else does.... Somehow I never get to figure what that is  Cheesy
hero member
Activity: 626
Merit: 500
Keep calm, and have a coffee, said me a trader when lemhan and half  financial world collapsed in 2008. He said "Don't follow your ideas, follow the market! Remember that as the world goes, there will always be something to eat ".


Nothing could be more true!

If you are a trader, a real trader, you  will make your fortune when the market goes down and others sell! Short all & buy at discount. The sales time is starting
Love these words. There's no argument with that statement. Just my personal opinion, Markets have cycles. If you can't ride them out, then this isn't for you. Everyone is talking about his own favor, So it's much better than follow the market rather admire that shit talk.
That's the only thing we can do anyway, we can cut loss and regret it when we see that the market arise, we should be consistent on our decision, if we want to keep it then keep with no doubt on what is happening.
member
Activity: 189
Merit: 11
The prices are going down and I think it is right that we should be calm. Make this as an opportunity to buy bitcoin now that it is low. And keep it until the prices become high, patience is a virtue. Don't panic.
Everybody can't just feel the same, why? how about those newcomers who bought during ATH of bitcoin? which is at a price of $19k, imagine how much ones loss they are experiencing right now even if you tell them to hodl, although we know that prices being so cheap is not forever but how long it will take to recover again.

You make it seem like they bought 50 BTC at $19k when they only bought fractions and loss probably half money or less if they pulled the plug.

You can lose more now buying at $7k and have it fall back to $2k

STT
legendary
Activity: 4088
Merit: 1452
I think now is the time to buy more. Everyone is panicking and afraid. As a real investor, we should take the opportunity to buy and wait for it to show off in 2018.
The prices become most inaccurate when people are selling just because the next guy is selling.    Its like mexican wave or something, people dont question it and the direction comes without reason.   
Right now there is a negative effect from the end of tax year and some news of adverts for crypto being reduced.   There'll still be adverts somewhere as the internet is not just the largest companies only.
member
Activity: 196
Merit: 10
Keep calm, and have a coffee, said me a trader when lemhan and half  financial world collapsed in 2008. He said "Don't follow your ideas, follow the market! Remember that as the world goes, there will always be something to eat ".


Nothing could be more true!

If you are a trader, a real trader, you  will make your fortune when the market goes down and others sell! Short all & buy at discount. The sales time is starting
Shorting can be a great way to make a lot of money but at the same time it's quite risky, especially in the market of cryptocurrencies where a coin can skyrocket almost immediately, if you are in the right side and bought the coin you can make a lot of money but those that are shorting the coin can lose everything if they do not have a sell order.
full member
Activity: 1093
Merit: 103
Keep calm, and have a coffee, said me a trader when lemhan and half  financial world collapsed in 2008. He said "Don't follow your ideas, follow the market! Remember that as the world goes, there will always be something to eat ".


Nothing could be more true!

If you are a trader, a real trader, you  will make your fortune when the market goes down and others sell! Short all & buy at discount. The sales time is starting
This is a very nice thought that could help anybody who doesn't know what to do in this situation when bitcoins is dump more traders tend to sell of their holdings because of afraid to loose their money while they can make a much better idea in holding and making some good ideas over the market side.
I think that there are always situations when one wins at the expense of others. This market and from such rules can not get away. for today we see the real state of things, but that someone purchases something, someone sells.
sr. member
Activity: 659
Merit: 250
Keep calm, and have a coffee, said me a trader when lemhan and half  financial world collapsed in 2008. He said "Don't follow your ideas, follow the market! Remember that as the world goes, there will always be something to eat ".


Nothing could be more true!

If you are a trader, a real trader, you  will make your fortune when the market goes down and others sell! Short all & buy at discount. The sales time is starting
This is a very nice thought that could help anybody who doesn't know what to do in this situation when bitcoins is dump more traders tend to sell of their holdings because of afraid to loose their money while they can make a much better idea in holding and making some good ideas over the market side.
member
Activity: 238
Merit: 10
Good steerage, I see a real broker should have joy, these days all merchants quit quite the universe of business, seeing the market is not steady, but he can have the capability to find a profit yet once the economic things square measure awful. strive to not surrender once lost. Not with standing the slight most popular viewpoint but he ought to be a real bourgeois.
sr. member
Activity: 728
Merit: 250
i never worry about my bitcoin, in fact, i seldom see my bitcoin on the wallet, i already plan to hold btc for a very long time and the price have little influence on me indeed
I recommend to you that you check your bitcoin more often maybe you know you are not going to sell but you need to check that your coins are okay you never know when a hacker may get access to one of your wallets and steal your bitcoin and you need to be able to reduce the damage and that is only possible if you are alert.
Frequently checking his bitcoin might make him kind of obsessed to his investment. Obsession might lead him to make unwanted or regretful decisions which might make him suffer later. Its better to leave his investment along check after a long time. Moreover if his coins get hacked, there is nothing much he can actually do, since he can not reverse the transactions.
You do not really need to check your bitcoin every hour or even every other day, if you are holding for the long term you still need to check your coins periodically maybe once a month, that way you can check how your investment is going and if something fishy is happening which your stored coins.
hero member
Activity: 1022
Merit: 503
Staying calm is really very difficult. For those who first start trading - it is very difficult not to panic and not to make wrong decisions. I remember when I started trading, it was 2015, it was too difficult for me to be calm. I was very nervous all the time.

Actually having those feelings and all usual and you can say to yourself that this is it, this is the test of patience and this is what makes the traders complete. I mean we're all human and it's fine to feel those but don't embrace it, feel it for a moment and let go. Once we feel it, we feel more calmer than ever and your journey starts here.
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