Topic: Market confidence in bitcoin. - page 10. (Read 2013 times)
for me if a community still needs the services of a Bitcoin, a market has a lot of confidence here and above all so the prices of a bitcoin. So far, it seems that bitcoin is still in the middle and perhaps a fund is transferred to altcoin. But if there are new investors in the bitcoin, it's possible that the price will go up. It's just a matter of perseverance to wait when the bitcoin value increases someday it will increase too.
I was losing confidence around 6k but no way in hell im selling on a dip.
It helps when you're not over-invested. If I had thrown serious savings in I would've been panicking.
It helps when you're not over-invested. If I had thrown serious savings in I would've been panicking.
I was thinking the same thing, it easy to hodl and wait when you invested small. Some people sold houses and cars and bought BTC when it was 20k, now that was very reckless. I don't invest too much. Max 30% of my money can go into crypto and that's it. If I lose at least I won't became homeless.
I was losing confidence around 6k but no way in hell im selling on a dip.
It helps when you're not over-invested. If I had thrown serious savings in I would've been panicking.
It helps when you're not over-invested. If I had thrown serious savings in I would've been panicking.
Yes, bitcoin is very unstable lately. I think it's better to invest in a less volatile currency. The choice of cryptocurrency is huge. Personally, I prefer to invest in Tezos, which for the last day grew by almost 2%, in contrast to bitcoin, which falls.
For me you should not be confident in the market because it has investment and you should watch your coin to be able to sell it well, because when you are confident the market will lose your investment.
Well ... all possibilities could happen, today we see the condition of bitcoin market stagnant even tends to decrease. but I'm sure this is not because of the lack of confidence in bitcoin. I assumed that this was due to the many crackdowns of the world's regulators on bitcoin, and this made investors cautious when they wanted to put their money in bitcoin.
Market is confident now and the bitcoin is start rising once again and if we hold our coin it is expected that we can double the value of our coin so now the time of bitcoin is good and the market is confident while we should invest in other crypto as well because the price of all crypto will rise.
My question is, is switching to another coin also paying?
Because I know other coin are also experiencing dump and it just like extending ones stress.
Because I know other coin are also experiencing dump and it just like extending ones stress.
The bitcoin market will have more positive changes that are price changes as well as there will be more governments that will accept bitcoin to make bitcoin more legal.
People has also lost hope in bitcoin back in September but a great reversal had happened so just like the volatility of bitcoin, people's confidence will also go up and down unexpectedly. There are many large financial institutions right now that sees bitcoin with many benefits so we just need to wait for them to pour all of their money.
When they play it will be a great timing for people who really aiming for good benefits, large investors knows how to work with investment, they can make the value so huge and patiently waiting for much better profits, that's where we will going to take out our gains so better to keep holding and keep addingmore coins when we still have a good chance.
People has also lost hope in bitcoin back in September but a great reversal had happened so just like the volatility of bitcoin, people's confidence will also go up and down unexpectedly. There are many large financial institutions right now that sees bitcoin with many benefits so we just need to wait for them to pour all of their money.
It is sad but true that bitcoin is facing a serious lack of confidence. Due to government rules and regulations in different countries BTC is losing its confidence too fast. Not only BTC but also whole cryptocurrency market facing a serious problem.
I know, right? For mass adoption of bitcoin to take place, we not only need patience but more importantly, trust. Fiat functions because of trust. It is this same trust that will strengthen the existence of crypto.
We cant be certain for now. But one thing is for sure, whenever there is a price reduction it affects everyone, it's like a chain that continues gradually. The only thing that will stop this is if there will be people who will buy these cheap coins as of today. Then the chain will definitely stop.
Anything can happen in the market, but it is extremely difficult to dislodge a proven cryptocurrency like bitcoin given that it has the strongest brand name and a very extensive network, with plans to allow it to scale with the Lightning Network.
I think not that people got so bored about it. I think this is just the effect when the price of bitcoin was pulled suddenly to its peak or maximum. It appears pumped up by the hype that people saw it very profitable. When people who have gained moved out, its like it is emptied. And it is starting to regain strength again. Only will it grow higher if more people will use it like in businesses like stores, as payment systems or maybe salaries of employees and so on.
It is sad but true that bitcoin is facing a serious lack of confidence. Due to government rules and regulations in different countries BTC is losing its confidence too fast. Not only BTC but also whole cryptocurrency market facing a serious problem.
If bitcoin prices continue to decline, and moving as slowly as it is today, it will certainly have an impact on the decrease of confidence in bitcoin and allow some bitcoin users to switch to other coins as an alternative. In investment, there is often a price movement that happens outside everyone's expectations, but I see that bitcoin prices have always been down since the last six months, but that price is still the highest price if we compare with other coins. And I see that in the future there will be a very high rise of bitcoin prices as happened in 2017 ago.
Following the history of Bitcoin, you can testify that the path Bitcoin treads is not a smooth one since the beginning. There are times prices go down and times, prices go up. There is no point in getting bored with the market but rather keep calm and HODL for the next bull rise which will be very soon.
I believe, against all the odds, bitcoin will finally "recover" to restore its high price, which will show that most people, even probably the haters, believe in it more than in any other coin. I might be wrong, or course, but time will show. Let's just wait and support each other in what we do 
Since the beginning of the year bitcoin prices continue to decline and there are still many bitcoin users who still survive and hope bitcoin will rise again, but in fact the price of bitcoin increase has not been significant and impressed stagnant and continue to fall, what exactly happened, could the market start to get bored, trust against bitcoin begin to decrease and switch to another coin as an alternative. how in your opinion?
I never thought bitcoin progressed because I see per year is not per day because the nature and form of bitcoin prices have a change that is not fixed, it all depends on the confidence of investors to survive Jump to: