I see more and more people are starting to doubt Bitcoin because the price doesn't go up in this new year. Honestly, I am always optimistic and continue to wait for the increase even I know that the price increase cannot be timed. So what and what should I do now?
I'm sure people who are still here still have high enthusiasm or optimism with crypto, even though they have been disappointed because there is still no movement in the crypto market to increase earlier this year, but with high enthusiasm they will certainly only hold and be patient waiting for the market to recover. Yes, you just have to keep your spirit to be more patient and if you have the ability to buy, then I think it will be better. 
Topic: Lots of doubt on - page 7. (Read 991 times)
you should hold your bitcoin. that is what you should do. get to understand bitcoin more better and you see the price doesnt just wake up one morning and pump, it can be at anytime. for now just get busy with other things that can give you money while you hold your bitcoin
Ask yourself what are the reasons you bought into Bitcoin.
1. Because the price will one day go up: Why? will there be a real demand for Bitcoin and what will be the factor(s) to cause said demand? If speculation is your only answer then Bitcoin might as well be a Ponzi Scheme wouldn't it?
2. Because it's a new technology: How so? have you seen it work in real time? What was your experience in using Bitcoin? did it feel just like a bank because you put them in Coinbase? Have you used a Bitcoin Client? Do you know where are your private keys and how easy it is to "load" your bitcoin in a new computer just by typing it in? How can you be convinced it's a new amazing technology if you've never got down and dirty with it?
3. Because Bitcoin is Freedom: Now we're talking, have you felt the feeling of not needing to trust anyone to keep your money safe? no banks, no vaults, no certificates. no nothing..
It's alright if you need a leap of logic to go from 1 to 3. Now that the market is chill and boring, it's the best time to start reading and learning. We recommend "The Bitcoin Standard" for the philosophy of Bitcoin and "Mastering Bitcoin" to get into the technicals.
1. Because the price will one day go up: Why? will there be a real demand for Bitcoin and what will be the factor(s) to cause said demand? If speculation is your only answer then Bitcoin might as well be a Ponzi Scheme wouldn't it?
2. Because it's a new technology: How so? have you seen it work in real time? What was your experience in using Bitcoin? did it feel just like a bank because you put them in Coinbase? Have you used a Bitcoin Client? Do you know where are your private keys and how easy it is to "load" your bitcoin in a new computer just by typing it in? How can you be convinced it's a new amazing technology if you've never got down and dirty with it?
3. Because Bitcoin is Freedom: Now we're talking, have you felt the feeling of not needing to trust anyone to keep your money safe? no banks, no vaults, no certificates. no nothing..
It's alright if you need a leap of logic to go from 1 to 3. Now that the market is chill and boring, it's the best time to start reading and learning. We recommend "The Bitcoin Standard" for the philosophy of Bitcoin and "Mastering Bitcoin" to get into the technicals.
The rise and fall of bitcoin is what actually brings in many more investors ,it is normal to see bitcoin losing its value and it will always recover back at a point in time ,just have patience that's all you ever need ,don't listen to the scared ones ,cryptocurrency is only for the brave ones ,make use of the dips and wait for price surge in future that's the only way ,let's wait for the approval of bakkt and etf first then we will know what will follows
Doubting Bitcoin based on price is not a good thing, Bitcoin can be $100 and still be valuable, Bitcoin is a technology that shouldn't be tight to price only, for example, if the price goes down by %30 and at the same time we have an adoption increase equal to %10 or something like that we can easily call this a point in the favor of Bitcoin, the price will come later.
I do worried about it too but i don't really worried as much as people do because for me bitcoin can do more than the price indeed honestly i was expect the price will much better than last year but rather than always thinking the price i think we also should be thinking at what achievement bitcoin will be in this year and my hoping for this year is i could see more people who became an bitcoin users in my country and if possible i want bitcoin legalize too
I'm a realist. I always remember about risks and my investments aren't only cryptomarket. So now I'm just waiting the recovery without emotions. It's better to do something else now while the market is falling.
all of those people are noobs in cryptocurrency world, they start to panic when its falls and they sell, old users of btc (or any cryptocurrency), know when to buy and when to sell, when its the right time. they know also that btc crashed hundred of times before, so there s nothing to be afraid of if you kept holding, bitcoin will recover, and it will jump high again.
I see more and more people are starting to doubt Bitcoin because the price doesn't go up in this new year. Honestly, I am always optimistic and continue to wait for the increase even I know that the price increase cannot be timed. So what and what should I do now?
If you have lots of doubt then this forum will be the right way for you to get all your confusion to be clear because cryptocurrency is more complicated field before knowing anything do some research so that research will be very useful to get interested on that and to get the information this forum will very helpful for anyone.
As I've said before in this forum, people are bearish in a bear market and bullish in a bull market. What a surprise.
Because most people love Bitcoin due to ability to makes more money. Bitcoin also gets attention with other aspects, but if the price drops today to zero, those who see it as money machine will not appear. That is why I would like to see the price go down. I also make money with trading, but sometimes some people becoming disgusting.
With the situation of things at at the moment the market price might even go lower depending on the outcome of sec or the involvement of whales.
This price instability is becoming very much persistence a d might effect the adaptation of bitcoin
This price instability is becoming very much persistence a d might effect the adaptation of bitcoin
Long term goals are not influenced by short intermittent changes. There would definitely be speculations ans price dumps and pumps.
The true value would be realized with time, patience is the top virtue of a bitcoin enthusiast.
You would not lose till you sell at a loss.
The true value would be realized with time, patience is the top virtue of a bitcoin enthusiast.
You would not lose till you sell at a loss.
I see more and more people are starting to doubt Bitcoin because the price doesn't go up in this new year. Honestly, I am always optimistic and continue to wait for the increase even I know that the price increase cannot be timed. So what and what should I do now?
Yes ,Now many people think bitcoin price never up and its also down so huge.Bitcoin price can be up if government and bank and also multi-international company try to accept bitcoin otherwise bitcoin price gone again under 1000$ or below 
I see more and more people are starting to doubt Bitcoin because the price doesn't go up in this new year. Honestly, I am always optimistic and continue to wait for the increase even I know that the price increase cannot be timed. So what and what should I do now?
You have two options:
1-) sell (with losses or without losses)
2-) hold for the next years.
These are the only options you have
Those who doubt bitcoin due to the price performance are just in it for the money, and probably are the ones who bought in when the price is still high and are now trapped and can't get their money out. Developments are happening within the ecosystem albeit some companies resizing their workforce and restructuring their organization due to the decline in price. Institutional investors are eyeing bitcoin and crypto more than ever, so there's that. Code-wise, we are still receiving consistent updates from developers even though they already have millions in their pockets. Let the doubters doubt.
Trading has increased in Venezuela and Peru because their economies are fked so bitcoin will always be here. Economies around the world are tanking and their only hope is bitcoin.
I see more and more people are starting to doubt Bitcoin because the price doesn't go up in this new year. Honestly, I am always optimistic and continue to wait for the increase even I know that the price increase cannot be timed. So what and what should I do now?
Price of bitcoin does not make it a failure or success. Just the fact that it lives, and you can use it to pay and be paid with is success enough. In fact: "Mission accomplished".
Well, people tend to think that if they're in a certain industry solely for the money. If you think you're one of those kinds of people, then you probably should think twice on why you're here in the first place. If you're doubting bitcoin just because the prices is still dropping and is also quite stagnant at times, then you'd probably be better doing something else.
When you really want to profit from bitcoin but the market conditions go the other way around, then there is growing doubt in you. Don't look at market conditions too much if you choose an investment path, calm yourself and remain confident with Bitcoin.
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