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Topic: My advice to Bitcoin newbies: relax - page 11. (Read 4972 times)

member
Activity: 364
Merit: 11
March 03, 2018, 03:33:41 PM
My advice in newbies in bitcoin is gather information first to others before you invest money.
Don't get envy to the people who became rich today in bitcoin instead make them an inspiration. Remember, they took a lot of challenges and struggle before they achieve it.
member
Activity: 266
Merit: 10
March 03, 2018, 04:16:22 AM
Hello everyone, recently there has been a lot of panic on this forum due to the big price change of Bitcoin (as it always happens). Understandably, many people are confused and worried as they have lost thousands in their value, especially if they have bought higher than the current price. But as someone who has been into Bitcoin for 1.5 years (not too long, I know) I want to advice to newcomers to simply relax. Huge price swing were always a part of Bitcoin, so there's nothing extraordinary here and the worst thing you can do is to make panic trades. Basically, there are two main approaches to Bitcoin trading - you either hodl it, meaning you never sell it until it reached "the moon", or you are actively trading it to get profit from volatility. So, if you believe in Bitcoin's technology and don't have experience as a trader, I suggest you to not touch your coins - Bitcoin always tends to increase in its value in the long run.
Your suggestion is very good, because this will be a big concern for the people involved in bitcoin.
But I think your advice is not just for beginners, but for everyone who joins and invests in bitcoin, we should all be relaxed, do not worry too much about the erratic bitcoin price. Many people have long invested in bitcoin but they have not been able to overcome their fears when bitcoin prices go down.
Therefore, beginners or people who have long joined in bitcoin should have patience and relax in the face of everything.
hero member
Activity: 2548
Merit: 605
March 03, 2018, 04:07:11 AM
Saw the price has been rising, hokd to make money, this is a lot of people can see the phenomenon, this is not difficult, but how to hold your COINS, hold true to the satisfacti。on of price, is the thinking about
I must say that the ones who are holding their crypto coins especially bitcoin since such a long period of time are actually the ones who are going to have a huge profit at the end as the one who is having good control over his emotions will be the one who will end up making a huge amount of money in the world of crypto currency. We all need to stay cool and calm and that there is no such need of selling your coins at lower rates.
newbie
Activity: 156
Merit: 0
March 03, 2018, 02:21:46 AM
yes i agree with you, bitcoin newbies should relax. price going down now is nothing. it will definitely bounce back as with all other business that normally get set backs once a while. bitcoin price has gone down before and rose again after awhile. it will surely bounce back in no distant time. newbies should not panic
hero member
Activity: 1316
Merit: 503
Someone is sitting in the shade today...
March 03, 2018, 02:10:43 AM
Crypto market is different from stock market, in stock market long term investor has more chance that result as a profit at the end of the day but as crypto market investor it is better to liquidate in some levels, turn it in to cash and reinvest again. As a newbie the best way is to make this with a small budget because most of the beginners resulted their investment as a loss at the beginning it will develop by time, I am also one of them.
newbie
Activity: 112
Merit: 0
March 03, 2018, 01:25:46 AM
Hello everyone, recently there has been a lot of panic on this forum due to the big price change of Bitcoin (as it always happens). Understandably, many people are confused and worried as they have lost thousands in their value, especially if they have bought higher than the current price. But as someone who has been into Bitcoin for 1.5 years (not too long, I know) I want to advice to newcomers to simply relax. Huge price swing were always a part of Bitcoin, so there's nothing extraordinary here and the worst thing you can do is to make panic trades. Basically, there are two main approaches to Bitcoin trading - you either hodl it, meaning you never sell it until it reached "the moon", or you are actively trading it to get profit from volatility. So, if you believe in Bitcoin's technology and don't have experience as a trader, I suggest you to not touch your coins - Bitcoin always tends to increase in its value in the long run.
To my Co bitcoin beginner's enjoy stay strong to work in a bitcoin world in a long run you can achieve  also a achievements of the bitcoin billionaires also
sr. member
Activity: 574
Merit: 250
March 03, 2018, 01:11:51 AM
There is always a huge panic when we are having a correction. People are selling their bitcoins because there was no hard fork. Even if we had it, people would still cash out after everything was clear. I learned a long time ago not to panic when the price goes rapidly down. Probably, it is because I have started to understand what is happening.
.

There is no option but to cash out specially when you are in need.but if you have spare ,holding it for the period of time is the best,sell when it reaches to the. Right value,

Well, I don't think if there is such good value since we need a high amount and probably we are not contented on that value. Actually, those newbies out there eager to have income which most of them are banned and negative trust because they didn't follow the rules. Hopefully they aware the rules that we have ang willing to wait having enough patience.
member
Activity: 140
Merit: 10
March 03, 2018, 12:55:16 AM
There is always a huge panic when we are having a correction. People are selling their bitcoins because there was no hard fork. Even if we had it, people would still cash out after everything was clear. I learned a long time ago not to panic when the price goes rapidly down. Probably, it is because I have started to understand what is happening.
.

There is no option but to cash out specially when you are in need.but if you have spare ,holding it for the period of time is the best,sell when it reaches to the. Right value,
full member
Activity: 280
Merit: 100
March 03, 2018, 12:43:22 AM
general to say, holding for a long term is an easy way to make money, the only question is that people are too greed that they want to earn every coin when btc on waves, then they may never buy back the coins they sell
full member
Activity: 384
Merit: 100
March 03, 2018, 12:31:28 AM
Hello everyone, recently there has been a lot of panic on this forum due to the big price change of Bitcoin (as it always happens). Understandably, many people are confused and worried as they have lost thousands in their value, especially if they have bought higher than the current price. But as someone who has been into Bitcoin for 1.5 years (not too long, I know) I want to advice to newcomers to simply relax. Huge price swing were always a part of Bitcoin, so there's nothing extraordinary here and the worst thing you can do is to make panic trades. Basically, there are two main approaches to Bitcoin trading - you either hodl it, meaning you never sell it until it reached "the moon", or you are actively trading it to get profit from volatility. So, if you believe in Bitcoin's technology and don't have experience as a trader, I suggest you to not touch your coins - Bitcoin always tends to increase in its value in the long run.
A big price change on december last year was a normal movement.Price tends to increase and falls down at anytime base on supply and demand, especially affected by information or news released from several sources, including from social media.Please don' t be panic and still keep relax facing this condition.As newbies, you are kindly requested to learn bitcoin , how it works, monitor it' s daiy price movement slowly and step by step ; so can can understand well. Please join btc forums, try to invest a small amount of your money first, then you can take profit. This can be repeated after your knowledge or understanding about btc becoming better.
member
Activity: 406
Merit: 10
The Exchange for EOS Community
March 03, 2018, 12:21:54 AM
To invest in this market I spent three months to learn and lost $ 100 to invest. And then I invested in failed ICO projects. But now I've made a lot more money than I have lost, and I advise you not to be discouraged. Only perseverance brings success to man.
member
Activity: 127
Merit: 10
March 03, 2018, 12:04:25 AM
Just chill dont panic when you see matket crash here is my advise and some informations for you.
To the extent I accept there is no any issue in btc however there are a few issues which is identified with the market syndication of btc by financial specialists. Btc to develop out of this world to 19000 and after that tumble down to 8000 out of a little timeframe dependably gives me a vibe of market syndication. But as it was expected it got its price again like the old time.I will state that an issue yet which is normal for every single monetary resource marketcrash is a common phenomena in highly volatile crypto market.

So my suggestions will be for a newbies to keep the patience and try to understand the right time to invest. Like it is now a good time to invest and hold the coins. Dont panic just chill .
member
Activity: 112
Merit: 10
March 02, 2018, 03:33:04 AM
For those who start with bitcoin it is better to watch video's on youtube about bitcoin to learn the knowledge of crypto currency and then you participate the forum by replying and posting until you rankup.
newbie
Activity: 1
Merit: 0
March 01, 2018, 11:49:31 PM
Thanks for the advice.
member
Activity: 305
Merit: 10
March 01, 2018, 05:44:46 PM
Hello everyone, recently there has been a lot of panic on this forum due to the big price change of Bitcoin (as it always happens). Understandably, many people are confused and worried as they have lost thousands in their value, especially if they have bought higher than the current price. But as someone who has been into Bitcoin for 1.5 years (not too long, I know) I want to advice to newcomers to simply relax. Huge price swing were always a part of Bitcoin, so there's nothing extraordinary here and the worst thing you can do is to make panic trades. Basically, there are two main approaches to Bitcoin trading - you either hodl it, meaning you never sell it until it reached "the moon", or you are actively trading it to get profit from volatility. So, if you believe in Bitcoin's technology and don't have experience as a trader, I suggest you to not touch your coins - Bitcoin always tends to increase in its value in the long run.

You are absolutely  right.  The unstable price of bitcoin may serve as an advantage and can be used to earn. While the price is much lower, we can put our investment in other alts and hold your current  investment.  And when the price will  rise again,  everyone will surely  be earning big.
Yur
full member
Activity: 196
Merit: 102
March 01, 2018, 05:40:18 PM
Currently bitcoin is decreasing, but don't panic and the step you should do is buy the current price.Bitcoin prices will rise again in the near future. So really, relax and take a brake.
member
Activity: 156
Merit: 10
Bounty Campaign Management
March 01, 2018, 05:38:05 PM
The vulnerability of the prices of bitcoins is a normal feature of its existence. It goes up most likely and sometimes goes down but not that much. You just have to be aware of it. You need not to panic but relax and expect something great to come.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
March 01, 2018, 05:36:05 PM
I am quite a newbie here, but that all was true
How hard btc was hit, last time about China banning bitcoin
At then end of the day bitcoin will survive and reachs ATH Grin
Do not feel negative about the changes of price of Bitcoin when it come to investment because it just porcelain Bitcoin volatility that actually help as to earn when we start an investment with Bitcoin. We will just need to trust and to invest to Bitcoin when the price is low and sell it the price rise as we could earn profit and gain a good income on Bitcoin.
newbie
Activity: 28
Merit: 0
March 01, 2018, 05:24:33 PM
you must know that this is only a part of btc ecosystem andnd fluctuations are always normal.
newbie
Activity: 168
Merit: 0
March 01, 2018, 06:55:43 AM
Hello everyone, recently there has been a lot of panic on this forum due to the big price change of Bitcoin (as it always happens). Understandably, many people are confused and worried as they have lost thousands in their value, especially if they have bought higher than the current price. But as someone who has been into Bitcoin for 1.5 years (not too long, I know) I want to advise to newcomers to simply relax. Huge price swing was always a part of Bitcoin, so there's nothing extraordinary here and the worst thing you can do is to make panic trades. Basically, there are two main approaches to Bitcoin trading - you either hold it, meaning you never sell it until it reached "the moon", or you are actively trading it to get profit from volatility. So, if you believe in Bitcoin's technology and don't have experience as a trader, I suggest you to not touch your coins - Bitcoin always tends to increase in its value in the long run.
I agree with your opinion. But I think that's a very natural thing for beginner Bitcoin. Let's not beginners Bitcoin, who has been here long must feel the same. Everyone who has Bitcoin must be feeling panicky with Bitcoin's constantly descending price. Because they feel they are spending a lot of capital but Bitcoin's price is not in line with their expectations. Panic does not mean selling Bitcoin they have, but they just panicked.
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