My advice to Bitcoin newbies: relax - page 2.

Visbay

sr. member

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Quote from: David Van on April 12, 2018, 08:13:31 AM

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.

Yes it is the best advice to hold your bitcoin and don’t get any kind of stress, price change in bitcoin is very common it use to happen most of the time when the market demand get low and high so the price get effect, if you are investing in bitcoin keep one thing in your mind that should be te patience so if you will hold with patience trust me you will not get any kind of lose at the end, the only advice I want to give is NEVER PANIC so hold as much as you can hold.

Dondisimo

member

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This fear and nervousness are understandable, you invest your own money and are afraid to lose it. But if you constantly watch the falling schedule, the situation will not change. You will only spoil your mood.

9jaflick

sr. member

Activity: 728

Merit: 254

all I can say is, If it is just to make money, and if the $1000 you made means a great deal to you, then sell.

If you want to learn, and if you want to be part of the revolution then hodl.

If the potential opportunity of a truly life-changing amount of wealth is more important than the risk of losing the entire 1btc, then hold.

irenegaming

full member

Activity: 476

Merit: 102

Kuvacash.com

The red zone has affected the cryptocurrency market that has led to lots of negativity. This has also led to panic sales thus further hurting the BTC prices. The new guys should not fear at all, just relax and let the market recover. it will take time but it will recover

MWesterweele

hero member

Activity: 1372

Merit: 564

Quote from: crimsongoth on April 12, 2018, 03:05:07 PM

I think it is advisable to stay at the crypto markets to relax, not only just newbies but also all other rankings. Because it is really hard to stay calm as far as the money is concerned.

Newbies need to study first about bitcoin so that they can understand bitcoin, because its better to have knowledge before to invest. We not just newbie, we need to relax and wait because bitcoin price will increase after months, just like last year bitcoin price increase at the end of the year. Better to wait patiently for the increase of price of bitcoin, to get better profit, than sell your bitcoin now.

crimsongoth

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I think it is advisable to stay at the crypto markets to relax, not only just newbies but also all other rankings. Because it is really hard to stay calm as far as the money is concerned.

WebTera

member

Activity: 322

Merit: 10

Yes, you are right, to follow the price schedule is a very nervous activity, and useless. So I just don't do it.

fattyforhire

full member

Activity: 364

Merit: 100

No matter how much this drawdown is called the end of bitcoin, the price will still return back. I'm sure of it. So I'm not nervous either.

helen28

full member

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Merit: 100

Well for those who are newbie here, just think of it, there are no millionaires here if they did not calm down during the time that they are still newbie, so just do the same, make a list of what you want so you can inspire in doing bitcoin.

CryptoPsycho

newbie

Activity: 154

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People actually used to care a lot about their goods that's why they panic when price changing. They will understand that checking price all the time isn't help Grin

MetalGear

sr. member

Activity: 714

Merit: 250

Quote from: hatshepsut93 on November 12, 2017, 01:44:50 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.

This what I have been telling my friends that are new to bitcoin. They thought at first that they are losing so they attempt to cut if off buy selling it but I managed to change their minds. I told them to wait up more and be patient. I told them that this is actually a golden opportunity to buy more since the price is dropping and see that it is just temporary. I expecting that the price will start to rise again in the second half of the year.

LaitHonor

member

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Merit: 10

Who created bitcoin?
The developer of the program calls himself Satoshi Nakamoto (Satoshi Nakamoto), he proposed an electronic payment system based on mathematical calculations. The idea was to exchange coins without centralized control, in electronic form, more or less instantly and at the lowest possible cost. More on who Satoshi Nakamoto is

djselery

legendary

Activity: 1386

Merit: 1001

Yes, we noticed that newbies with Bitcoin started to panic a lot recently because the price dropped down. Most of them bought BTC when its price was above $15k that's why they can't controlling their emotions actually and they have many doubts. They have to know that Bitcoin's price has been always volatile and going up and down since its creation almost.

yangdd

member

Activity: 144

Merit: 10

good tips. It will solve the problems of Psychology for new people to join the crypto. It is wrong of panic, hurry without knowledge. others successful and wealthy. not that you will succeed. effort and wise in the sense of thinking about business. should be prepared and psychological knowledge for the business activities of crypto.

jakoylantern

full member

Activity: 560

Merit: 107

For me, yes just relax if you are a newbie to bitcoin. I think you should remember or know that bitcoin’s amount is fluctuating too much. Yes, at this time bitcoin’s value is very meager and if you are comparing its cost in last December I will tell you that it plummets to much, but just relax and analyze so graphical chart of bitcoin’s price in every year. Also, do your own research about bitcoin’s history and nature so that you can truly understand why it becomes trendy and why many people become wealthy with the help of it.

RuslanSamui

member

Activity: 126

Merit: 10

Hello everyone, this advice can be applied to anything in our life. In general, do not strain, money is not the main thing. Around so much all the best))

ice098

hero member

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Quote from: sashulya7979 on April 12, 2018, 11:08:55 AM

The ups and downs should be in each crypto currency, so for now, we are buying and then we will wait for the price increase.

Newbie must study first about the bitcoin for them to understand that the dropping of bitcoin now is normal because bitcoin is volatile, means that the value is unpredictable, it goes high and down sometimes. I think its the best time to invest because the price is lesser, and i believe it will increase because it was volatile. Wait patiently for the increase of price of bitcoin, to earn big profit.

feegro77

newbie

Activity: 42

Merit: 0

Yes, as a beginner you have to be patient in investing. Bitcoin prices are falling, so no need to hurry in selling bitcoin that you have held.

ostrovagaly

member

Activity: 238

Merit: 10

Newcomers can participate in the bounty so far, so it can still gain knowledge and continue.

sashulya7979

member

Activity: 266

Merit: 10

The ups and downs should be in each crypto currency, so for now, we are buying and then we will wait for the price increase.

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