Most people more and more people depend from this - page 2.

justdimin

hero member

Activity: 3164

Merit: 675

www.Crypto.Games: Multiple coins, multiple games

Quote from: xSkylarx on August 15, 2022, 08:11:24 AM

Just buy bitcoin and hodl until the next market cycle so you don't stress yourself about it. If you don't know how to read charts and candlesticks, you don't have to worry where the market will go. We are in bear season now so this is a good time to accumulate bitcoin and other cryptocurrencies. Don't force yourself to earn from trading if you don't have proper knowledge about it or else you will just lose money.

Such an easy thing, and not many people could even remotely understand it. Just realize that buying bitcoin, putting it on your wallet, and do absolutely nothing for 5 years about it, and then you check the price, that's a profit right there. Why people do not realize that it's such an easy thing?

People should realize that it is going to be pretty amazing to do this and yet they do not do it for some reason. I am not saying that it is a bad idea, but so many people just buy and sell and keep on trading daily on high risk stuff to get rich super quickly, and yes there are a few people who can, but why risk it when you know there is a low chance? Just buy and hold.

goaldigger

sr. member

Activity: 2422

Merit: 357

Quote from: TheCoinGrabber on August 15, 2022, 12:58:03 PM

You'd be constantly worrying about this if you're a day trader and is trying to live off the margins. You knew the risks before you came in, you just have to live with it if you want to continue.

The "true believers" don't usually worry about these fluctuations since they trust that eventually adoption would become widespread and that it'll be used as currency.

Untrained traders usually have the same feeling, they are too worried about the market price as if they didn’t analyze that much because if you’re a good trader, you’ll just wait patiently for the price to reach your target and there’s no need to look at the market from time to time especially if you are a long trader. Though day trader are usually active in monitoring the market but not to the extent that even on their dreams they worry about their position, this should not be the case and you should be more confident about your trades.

Russlenat

hero member

Activity: 2716

Merit: 904

Quote from: Raflesia on August 13, 2022, 11:54:10 AM

Why should you bother with this?
When you ask him every day why don't you do your research whether this will be long or short at least with this you can find out even though it's just a basic idea and maybe it's still speculation.
One thing is for sure when you know then what? if it's long you'll regret not following it and if it's short do you regret being in it too?
Decide for yourself because when you ask questions every day without any clarity, it will only make you dizzy. enter btc when you are sure you are there and stop now if you are not sure because if you continue it will only hurt yourself.

Most likely you end up panicking when something is wrong or things didn't make it to your expectations. But this is how bitcoin behave and the rest of the coins in the crypto market. You should always consider that bitcoin do not give fixed price and it changes from time to time, that is how volatility works. If you are not sure with what you are seeing right now, then don't trade or invest. Otherwise, you will only regret your decision as you did not listen to you own sentiments and with the market sentiments too.

Fortify

legendary

Activity: 2688

Merit: 1192

Quote from: 325btc on August 13, 2022, 11:25:14 AM

Everyday we wake up and i ask is btc long or short.
Nowdays this is biggest question and most important one
We wake up morning we ask is the day gona be LONG or SHORT day
Many people asking thus everyday will be short or long and how short or how long will be long or short.
Before we go to bed we think isit going to be short or long if we leave position open for the night.

So yeah.

Maybe you should step outside the house more often if this is the biggest question going through your mind when you wake up every day, as I get the feeling you're certainly not benefiting substantially when it moves either way. People can go long swathes of time thinking that they are beating the trading game and unless you're managing risk exceptionally well then it can all get wiped out in a moments notice. Trading crypto is on par with trading Forex, one of the riskiest forms of trading you could possibly undertaken and a ridiculously high percentage of people will lose money in the long run. There are far smarter people, using automated and manipulative algorithms out there, which are likely going to slowly drain all your money - better to get out or not even start.

Zanab247

full member

Activity: 1358

Merit: 207

Catalog Websites

Since, you worry much about your short term trading in the market, because the price is not moving the way you want it to move, then try long term trading which will really help you to make a good profit as you want. Anytime you see the price is not increasing the way you want just exercise patience with your hold and see what will happen before the end of the month which will really help you to understand how people make a good profits from the community without fear.

TheCoinGrabber

sr. member

Activity: 994

Merit: 302

You'd be constantly worrying about this if you're a day trader and is trying to live off the margins. You knew the risks before you came in, you just have to live with it if you want to continue.

The "true believers" don't usually worry about these fluctuations since they trust that eventually adoption would become widespread and that it'll be used as currency.

Rupok

full member

Activity: 882

Merit: 100

Many people are nervous about Bitcoin. You are one of those people who want to see more volatility and a more stable Bitcoin price.Maybe you have little idea about Bitcoin, if you have idea then there is no need to think deeply about Bitcoin.Trading and keeping up with the market takes a lot of patience. You can check from time to time but don't be too anxious.Bitcoin is better to hold for long term so invest purposefully. Nowadays many systems are updating in Binance OCC to avoid trading losses. There are many videos on YouTube.

xSkylarx

hero member

Activity: 2366

Merit: 594

Quote from: 325btc on August 13, 2022, 11:25:14 AM

-snip

Just buy bitcoin and hodl until the next market cycle so you don't stress yourself about it. If you don't know how to read charts and candlesticks, you don't have to worry where the market will go. We are in bear season now so this is a good time to accumulate bitcoin and other cryptocurrencies. Don't force yourself to earn from trading if you don't have proper knowledge about it or else you will just lose money.

tippytoes

sr. member

Activity: 1988

Merit: 275

Quote from: Alisha-k on August 14, 2022, 04:14:28 PM

Getting bothered about Bitcoin been long or short each day should be a case of concern for day traders. For long term investors the only care about holding and consistently holding till the bull market resumes. Getting worried about daily candle can stir up high blood pressure because the trend isn't well defined at the moment as such prices will continually stay so inconsistent

That is true, if you are not a day trader, you don't need to stress yourself about this. So not all people are thinking about long or short every day. For most long-time holders, they have certain period or price they are targeting to cash out. But it is definitely not every day they are worried about the market movement.

BitcoinPanther

hero member

Activity: 1918

Merit: 564

Quote from: 325btc on August 13, 2022, 11:25:14 AM

Everyday we wake up and i ask is btc long or short.
Nowdays this is biggest question and most important one
We wake up morning we ask is the day gona be LONG or SHORT day
Many people asking thus everyday will be short or long and how short or how long will be long or short.
Before we go to bed we think isit going to be short or long if we leave position open for the night.

So yeah.

This only applies to traders and short-term investors. Those who are in for a long term wouldn't bother whether Bitcoin will gonna be long or short today, tomorrow, or in the following months. Don't generalize people according to what you think, each of us has a different approach and belief about the Bitcoin market.

Quote from: TheNineClub on August 14, 2022, 03:25:45 PM

I doubt most people think like that. Some are in this for a longer period of time, and the day to day fluctuations mean little. Sure, it can be an issue for day traders, but honestly, that's not what crypto is about and how it was concived. To some it's a game, to some it's a project.

Precisely, some people are in for a long term BTC investment, others are in for the medium-term and those who are so anxious about the BTC movement are in for the short term.

Alisha-k

member

Activity: 840

Merit: 23

Getting bothered about Bitcoin been long or short each day should be a case of concern for day traders. For long term investors the only care about holding and consistently holding till the bull market resumes. Getting worried about daily candle can stir up high blood pressure because the trend isn't well defined at the moment as such prices will continually stay so inconsistent

palle11

sr. member

Activity: 2366

Merit: 332

Op you don't get to bother on long or short for bitcoin, the market is not really stable now. The price last week has been up and down trading from $21k to $24k and swinging between the price. This isn't a sure price to rely on for short or long but is better to trade with caution. Don't invest what you can not bear to lose this is the usual trading advise as the speculation is not looking one direction.

TheNineClub

full member

Activity: 616

Merit: 161

I doubt most people think like that. Some are in this for a longer period of time, and the day to day fluctuations mean little. Sure, it can be an issue for day traders, but honestly, that's not what crypto is about and how it was concived. To some it's a game, to some it's a project.

lixer

hero member

Activity: 2688

Merit: 588

Quote from: Kakmakr on August 13, 2022, 12:42:18 PM

You are talking about "Day traders" and speculators.... not true supporters of the Satoshi vision. The people that wants Bitcoin to succeed in the long-term..are those people who wants to see less volatility and a more stable Bitcoin price...so that it can be used as a currency and not just as a commodity. Roll Eyes

I do not wake up with the cellphone in hand.. to see what the Bitcoin price is, because I do not care.... I want to see Bitcoin adoption increase and I want people to use it as a currency. (That will push the Bitcoin price to much higher prices in the long-term future) Wink

I think that traders and speculators are still supporters because they buy btc and they waste some of their precious time to speculate about btc. This still helps btc to succeed. Btc is built to be highly volatile so wanting to see the volatility go down may seem to be impossible.

If you are not like them (traders and speculators) but you are only looking forward to use your bitcoin as a payment method for your business then volatility should not be a hindrance. Look at different companies, shops and people that simply use btc for daily use. I think they rarely complain but are already used to the way btc is created. I thought you don't care about the price? But your last sentence tells that you want the price to go higher.

aoluain

legendary

Activity: 2436

Merit: 1362

I no longer check the price of Bitcoin every day. Setting long and short trading positions
will definitely leave the OP feeling very anxious. Its risky business, a far more stress free
play is to just Buy the Dips and DCA.

The majority of us as commented above are not tied into what the market is doing, it matters
only to the traders and speculators and can create a lot of stress.

kryptqnick

legendary

Activity: 3248

Merit: 1402

Join the world-leading crypto sportsbook NOW!

I think people should obsess over the price less, and this applies to most common categories. If you're a long-term investor, you shouldn't be bothered with short-term fluctuations at all, and even a bear market for half a year shouldn't bother you because you can just wait it out. If you're a trader, you shouldn't care about the price per se and should learn to make use of regular daily volatility to profit from these minor changes. If you believe in Bitcoin as money, you shouldn't check the price unless right before thinking whether to pay with fiat or with Bitcoin. I personally check the price once in a few days, and that's just to see how Bitcoin is doing but I don't have much of an emotional reaction to it.

hugeblack

legendary

Activity: 2702

Merit: 4002

I don't know, but not defining your feelings while trading is a dangerous behavior, and if you end up making profits, it will go to address the negative psychological impact of tracking the bitcoin price continuously.
Stay away from the price and the charts, take a break and build a solid trading strategy, then all psychological, medium and short-term variables will not have an effect.

Jemzx00

hero member

Activity: 1498

Merit: 547

Top Crypto Casino

This doesn't really apply to most bitcoin holders or even other crypto holders as only day traders who can only relate to this. Also, even most traders doesn't really check whether it's long or short during this time as the market are currently stable as of now and we haven't seen any sudden big changes.

It is not best to assume that what you are feeling and experiencing happens to the most of us as not everyone trades daily. It is also good not to overthink whether the price is long or short right now since the market is currently stable.

passwordnow

hero member

Activity: 3136

Merit: 591

Leading Crypto Sports Betting & Casino Platform

Hodlers don't depend on anything because it's not all about the day-to-day basis of what you're explaining. As a trader, that is what you're talking about.
But it's not just all about asking a simple question if you should short or long because if you're doing that, you're easy to be tricked by the person you're asking.
It's better to learn trading on your own and don't be dependent on others as what you're trying to say about knowing if it's gonna be a short day or long day as if you're trading in futures.

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

This only matters to the day traders and those who have a huge stake in bitcoin and crypto, but not so much for the regular folks like us who just invested into bitcoin and kinda forget about it on our day-to-day lives since we have other jobs and hustles to do in order to make money. If bulk of your finances depend on crypto, perhaps you'll always be thinking what kind of trading strategy would you be doing every day. It is a different scenario when you're only investing in hopes of getting huge profits in the future, and no plans of going full time into crypto.

Topic: Most people more and more people depend from this - page 2. (Read 388 times)