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Topic: My fear in fall of Bitcoin. - page 2. (Read 609 times)

hero member
Activity: 2996
Merit: 609
February 09, 2023, 04:53:56 PM
#85
For sure when Bitcoin make another all time high, your doubt will have a friend, and that is regret. I can't imagine myself regretting something that I could have done while it's not too late. Risking is a part of success, because that's how you're gonna find out if it's worth it or not. Trying is a part of growing, even if you failed, at least you've tried and learned something from it, rather than living all your life from what if(s).
Yes for sure to succeed in life one must take a risk, that why I have fully involved in to Bitcoin.
If you do want at least having some changes in your life when it comes to finances then of course you would really be needing to have a further step when it comes to taking risk via investment.

You wont be able to progress out when you are just sitting and just watching those opportunities passing by.It is really just that ideal that you should take action although it might be imposing some
risks but its part of investing which you do also have the chance to lose.

So its your take whether you could bare it out or not.It does really vary honestly and falling in price is really just normal i would say.
full member
Activity: 2366
Merit: 191
★Bitvest.io★ Play Plinko or Invest!
February 09, 2023, 12:08:28 AM
#84
As investors of course we will be afraid if there is a loss, now more and more people rely on bitcoin for long-term investments or more than a year, I'm also afraid if prices drop and bad trends occur in the long term, especially I hope in 2 or 3 years I quit my job and set up a new business that is trading frozen meat, and if the bitcoin price can reach $100k then I can make that wish come true.
you said being a Holding or long term investor but afraid when the price drops? why? meaning you are not really planning in keeping the coins that long, because if you are like us(HODLER) we are not caring in sooner price because what we are looking is the years to come and to happen.
That's wrong, they entered with the aim that they would be able to with a very short time. When talking about risks in investing, then every investment will definitely have its own risks. If many media reports the success story of a bitcoin investor, then it is true. It's just that they forget something, yes they forget that they also have to expose any risks if we invest in bitcoin, whether it's a small risk or even the biggest risk.
Risk is always tied up with every investment and this should really be bare up in mind on which you should really make yourself that prepared for whatever things that you would really be able to experienced.
Fall and rising is the two things on which you would be commonly be able to face into this market and this is why you should really be that accepting on what are these things and how you would be able to find a way.
Dont fear out because falling doesnt always mean your lossing but rather it could also mean that this would be the best spot for you to buy cheaper coin and adding up more on your stash.
You would soon able to know on what you should gonna do on the time that you do gain up sufficient experience.
The problem is that many don't want to accept that. because indeed they only want conditions where something that they think is fine and with continuous profits makes them forget that this condition has a big risk. We often encounter conditions like this and there are still many people who still think that this is an instant place to get money.
Even though this is indeed a field of money, of course, this is certainly not easy to do.
then never invest at all right? if that is what they wanted then this is not crypto investing lol.
sr. member
Activity: 1358
Merit: 253
February 08, 2023, 10:06:29 PM
#83
As investors of course we will be afraid if there is a loss, now more and more people rely on bitcoin for long-term investments or more than a year, I'm also afraid if prices drop and bad trends occur in the long term, especially I hope in 2 or 3 years I quit my job and set up a new business that is trading frozen meat, and if the bitcoin price can reach $100k then I can make that wish come true.
hero member
Activity: 1554
Merit: 654
February 08, 2023, 09:11:31 PM
#82
That's wrong, they entered with the aim that they would be able to with a very short time. When talking about risks in investing, then every investment will definitely have its own risks. If many media reports the success story of a bitcoin investor, then it is true. It's just that they forget something, yes they forget that they also have to expose any risks if we invest in bitcoin, whether it's a small risk or even the biggest risk.
Risk is always tied up with every investment and this should really be bare up in mind on which you should really make yourself that prepared for whatever things that you would really be able to experienced.
Fall and rising is the two things on which you would be commonly be able to face into this market and this is why you should really be that accepting on what are these things and how you would be able to find a way.
Dont fear out because falling doesnt always mean your lossing but rather it could also mean that this would be the best spot for you to buy cheaper coin and adding up more on your stash.
You would soon able to know on what you should gonna do on the time that you do gain up sufficient experience.
The problem is that many don't want to accept that. because indeed they only want conditions where something that they think is fine and with continuous profits makes them forget that this condition has a big risk. We often encounter conditions like this and there are still many people who still think that this is an instant place to get money.
Even though this is indeed a field of money, of course, this is certainly not easy to do.
sr. member
Activity: 1288
Merit: 253
February 08, 2023, 07:30:51 PM
#81
As investors we should do an in-depth analysis of risk, bitcoin is a high-risk type of investment, unfortunately at this time there are too many media that continue to expose success stories from investors because he gets thousands of percent profit in a short time, when someone enters and gets the fact that he loses then he will panic and think that bitcoin is hopeless.
Only panicked people think that there is no hope in Bitcoin, while investors who have experienced profits and already really understand the market and Bitcoin will definitely not panic easily and won't say things like that to everyone. Because at the end of the day everyone is also going to say good for Bitcoin when seeing a bigger increase happening in Bitcoin.

Risk and falling prices are things that must be understood by all investors, but there is no need to be afraid if investors already have great faith in Bitcoin and in the future of Bitcoin which will get better. Everyone just needs to be patient after investing, at least until they actually find such a good profit before seeing the next decline as an opportunity to start investing again.
sr. member
Activity: 2226
Merit: 347
February 08, 2023, 04:59:31 PM
#80
As investors we should do an in-depth analysis of risk, bitcoin is a high-risk type of investment, unfortunately at this time there are too many media that continue to expose success stories from investors because he gets thousands of percent profit in a short time, when someone enters and gets the fact that he loses then he will panic and think that bitcoin is hopeless.
That's wrong, they entered with the aim that they would be able to with a very short time. When talking about risks in investing, then every investment will definitely have its own risks. If many media reports the success story of a bitcoin investor, then it is true. It's just that they forget something, yes they forget that they also have to expose any risks if we invest in bitcoin, whether it's a small risk or even the biggest risk.
Risk is always tied up with every investment and this should really be bare up in mind on which you should really make yourself that prepared for whatever things that you would really be able to experienced.
Fall and rising is the two things on which you would be commonly be able to face into this market and this is why you should really be that accepting on what are these things and how you would be able to find a way.
Dont fear out because falling doesnt always mean your lossing but rather it could also mean that this would be the best spot for you to buy cheaper coin and adding up more on your stash.
You would soon able to know on what you should gonna do on the time that you do gain up sufficient experience.
hero member
Activity: 1554
Merit: 877
February 08, 2023, 03:16:05 PM
#79
Just like the higher the number of people that purchase Bitcoin the lower it's price and for it price to go higher it requires some Bitcoin investors, traders and miner's to withdraw some percentage of their Bitcoin. So I still have the doubt of Bitcoin shooting higher  just as we are expecting in 2024.
I bet your economics grades in college were terrible, the law of supply and demand says the exact opposite of what you're saying. To see bitcoin's condition in 2024, you must understand the previous ATH achievement cycle, because bitcoin's current movement is almost close to the recovery point before reaching ATH and this year bitcoin has found a gradual recovery, so the stability value in the previous correction process can lead to a new price consolidation for a few months ahead.

It seems that you are one of those people who are frustrated in understanding the bitcoin journey, because it is reflected in the understanding that you wrote in this post or my assumption is that you are not a good English speaker, so that the language you convey is contrary to the meaning you really want to convey.
hero member
Activity: 1554
Merit: 654
February 08, 2023, 02:32:06 PM
#78
As investors we should do an in-depth analysis of risk, bitcoin is a high-risk type of investment, unfortunately at this time there are too many media that continue to expose success stories from investors because he gets thousands of percent profit in a short time, when someone enters and gets the fact that he loses then he will panic and think that bitcoin is hopeless.
That's wrong, they entered with the aim that they would be able to with a very short time. When talking about risks in investing, then every investment will definitely have its own risks. If many media reports the success story of a bitcoin investor, then it is true. It's just that they forget something, yes they forget that they also have to expose any risks if we invest in bitcoin, whether it's a small risk or even the biggest risk.
sr. member
Activity: 1722
Merit: 252
February 08, 2023, 04:33:43 AM
#77


OP, trust me - bitcoin in the long run is still a lot better than any other physical asset investment. You need to look at history and steel yourself to believe that bitcoin can create much more history in the future.

I know OP needs motivation and the best advice, but I will disagree with your statement. Bitcoin is an investment that can offer high returns but is riskier than other physical asset investments. You cannot say that bitcoin is better than gold or real estate in terms of safety. Investing in bitcoin is that we need to take risks, which means we are willing to accept the loss of the money we use to invest. If OP is investing with money that can't be lost, then he should reconsider his investment.


Those who are new to investing in bitcoin certainly need motivation to be patient, most people panic because they see a very volatile market situation, and the fact is that many newbies fail and choose to leave bitcoin because they are losing money, as long as we can provide motivation and convince them of course they will survive and one day the next day can get a big profit.
hero member
Activity: 2912
Merit: 629
February 08, 2023, 03:56:02 AM
#76
  Bitcoin is a cryptocurrency that no has the capability to predict it's rise or fall.
   I am beginning to have a doubt that Bitcoin cannot go to a higher price just like the previous year.
  Cause Bitcoin is determined by the number of people in the digital market. Just like the higher the number of people that purchase Bitcoin the lower it's price and for it price to go higher it requires some Bitcoin investors, traders and miner's to withdraw some percentage of their Bitcoin. So I still have the doubt of Bitcoin shooting higher  just as we are expecting in 2024.
It seems you don't have real knowledge about Bitcoin because what you're saying is the opposite. So I suggest you to take your time learning about Bitcoin and how the market works for better understanding.

Anyway if you have this fear that Bitcoin might fall then I think you're not prepared to engage yourself because every investment has risk and we can't guarantee a positive result. Therefore if you can't bear the possibility for the price to fall and it can affect you mentally for having high expectation, it would be better to refrain yourself from investing. Unless you're knowledgeable enough to face the future of Bitcoin regardless of the outcome.
hero member
Activity: 910
Merit: 789
February 08, 2023, 03:35:33 AM
#75
As an investment, there are risks, and everyone has fears like you, but we need to overcome fear if we want to be profitable. You cannot expect to invest in something that is both profitable and safe. There is no such investment for you to look for. If you can't stand the risk with bitcoin, you can look to less risky investments like gold, it's safer than bitcoin, but the return will be lower.
All investments have a different balance between risk and return through profit. Because when gold has less risk, of course the profit will not be much either so that should also be considered by every investor who wants to make an investment through gold. The different thing is precisely in Bitcoin with a large level of profit potential and this is also balanced with the level of risk that is in it. So all investments already have their own level of balance in terms of risk and profit.
sr. member
Activity: 1484
Merit: 254
February 08, 2023, 03:04:31 AM
#74
As investors we should do an in-depth analysis of risk, bitcoin is a high-risk type of investment, unfortunately at this time there are too many media that continue to expose success stories from investors because he gets thousands of percent profit in a short time, when someone enters and gets the fact that he loses then he will panic and think that bitcoin is hopeless.
hero member
Activity: 2912
Merit: 556
February 08, 2023, 02:20:16 AM
#73
However, most people are not ready to see price changes so fast, especially when prices are decreasing, because the decline can occur instantly without them being able to think about it. And when they are faced with that situation, those who do not have sufficient knowledge about bitcoin movements panic, especially when they see the balance in their wallet, which shows a decrease in the value of their money. And what will happen next is they sell some or even all of them at a loss. But if they can hold on and hold on, they can get another profit that can be even higher than they expected.
When it comes to money things are different. Even though the conditions that you said before can be easily overcome if we only focus on the conditions where we are for the long term. The problem is that many always think of instant ways to make things like this seem as if they will lose their assets in the near future.
Experience is also important because basically panic like this often happens to people who are experiencing it for the first time.
There is no instant way to get a big result in investment because investing is waiting for something to grow to be big. And if we allocate some money to invest, we have to wait until the amount becomes bigger than our initial capital. But it seems that people misinterpret it because they want quick results in the short term. Perhaps, it can happen, especially when the altcoin season has come and a bull run is happening on bitcoin. But those cycles won't come as often as we'd like. So there is no need to be afraid or worried about investing in bitcoins because if we can learn to minimize the risk, we will be fine and be able to collect more bitcoins.
legendary
Activity: 3094
Merit: 1127
February 07, 2023, 06:46:42 PM
#72
However, most people are not ready to see price changes so fast, especially when prices are decreasing, because the decline can occur instantly without them being able to think about it. And when they are faced with that situation, those who do not have sufficient knowledge about bitcoin movements panic, especially when they see the balance in their wallet, which shows a decrease in the value of their money. And what will happen next is they sell some or even all of them at a loss. But if they can hold on and hold on, they can get another profit that can be even higher than they expected.
When it comes to money things are different. Even though the conditions that you said before can be easily overcome if we only focus on the conditions where we are for the long term. The problem is that many always think of instant ways to make things like this seem as if they will lose their assets in the near future.
Experience is also important because basically panic like this often happens to people who are experiencing it for the first time.
All of those panics,anxiety,stress,impulsive feeling or whatever that is correlated when it comes to emotional aspect which it would be wiped away on the time that you had gained up sufficient experience and awareness
towards the market.It might not be that easy nor really talking about short time but you would eventually reached up there.It is really just that there are people who do really love on rushing up on things on which
it do create that kind of wrong steps along the way.Dont fear out because volatility is one of the most common strengths of bitcoin but also into its weakness too but if you are really that prepared
on these things then it wont really be affecting you that much.
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
February 07, 2023, 05:28:34 PM
#71
However, most people are not ready to see price changes so fast, especially when prices are decreasing, because the decline can occur instantly without them being able to think about it. And when they are faced with that situation, those who do not have sufficient knowledge about bitcoin movements panic, especially when they see the balance in their wallet, which shows a decrease in the value of their money. And what will happen next is they sell some or even all of them at a loss. But if they can hold on and hold on, they can get another profit that can be even higher than they expected.
When it comes to money things are different. Even though the conditions that you said before can be easily overcome if we only focus on the conditions where we are for the long term. The problem is that many always think of instant ways to make things like this seem as if they will lose their assets in the near future.
Experience is also important because basically panic like this often happens to people who are experiencing it for the first time.
hero member
Activity: 1400
Merit: 655
Bitcoin is achievement
February 06, 2023, 04:39:19 AM
#70
 Bitcoin is a cryptocurrency that no has the capability to predict it's rise or fall.
   I am beginning to have a doubt that Bitcoin cannot go to a higher price just like the previous year.
  Cause Bitcoin is determined by the number of people in the digital market. Just like the higher the number of people that purchase Bitcoin the lower it's price and for it price to go higher it requires some Bitcoin investors, traders and miner's to withdraw some percentage of their Bitcoin. So I still have the doubt of Bitcoin shooting higher  just as we are expecting in 2024.
Actually i will say that you portray or narrated is your point of view concerning bitcoin in situation of rising and falling, so i believe that Bitcoin have to do with it's way via increment. We just assumed that Bitcoin will get rise immediately it reaches 2024 neither 2025, base the scenario that have been speculating that after four years the market of Bitcoin have to rotate to a greater heights, but sometimes it's doesn't happen according our wish. But what i know so far is that Bitcoin increment it's been determined by the demands and supplies via the marketcap.
legendary
Activity: 1092
Merit: 1024
Hello Leo! You can still win.
February 06, 2023, 03:57:53 AM
#69
  Bitcoin is a cryptocurrency that no has the capability to predict it's rise or fall.
   I am beginning to have a doubt that Bitcoin cannot go to a higher price just like the previous year.
  Cause Bitcoin is determined by the number of people in the digital market. Just like the higher the number of people that purchase Bitcoin the lower it's price and for it price to go higher it requires some Bitcoin investors, traders and miner's to withdraw some percentage of their Bitcoin. So I still have the doubt of Bitcoin shooting higher  just as we are expecting in 2024.

Throughout all these years with Bitcoin, I have learned one simple truth.

Ask yourself one simple question before you start despairing:

Would you be having such fearful thoughts if Bitcoin was currently in a bull market going over 70k+ ? I think the answer is quite simple. No you would not. So why start doubting Bitcoin during a bear market? Even if right now seems like Bitcoin was supposed to rise back up, things do not go as planned. You need to believe in the long term potential!
A very nice and thoughtful question that you asked him. Assuming bitcoin is around $70k, he wouldn't have made this post and he would just be investing and reinvesting. Just because bitcoin is in the bear market there is now some questions of doubt.
This is why newbies enter the crypto currency market during the bull run instead of during the bear market. And when they join during the bull run, they will buy at high price and before you will realise the price has dropped drastically. And next thing will be, Bitcoin is a scam.
hero member
Activity: 2912
Merit: 556
February 06, 2023, 02:42:40 AM
#68
People who gave up during the bear season bought bitcoin at such high prices before the bull season that when the downturn came, and it happened quickly, they couldn't stand to see the value of the money decline so fast and they became desperate. But if they persisted and waited for the right moment to buy bitcoin again at the bottom price, by now, they must have started smiling happily because they saw the price of bitcoin increasing again.

This is the story of every newcomer to Bitcoin or Crypto. Many new people get interested in Bitcoin when the price goes up, and they buy it at the high price. They think it's increasing in price and it will increase further. But, when the market goes downtrend and makes some corrections, they get frustrated and sell it. You have to remember that you are not in loss until you sell it. If you bought in a high market, Hold and wait for a suitable time. Never sell at in lose.
However, most people are not ready to see price changes so fast, especially when prices are decreasing, because the decline can occur instantly without them being able to think about it. And when they are faced with that situation, those who do not have sufficient knowledge about bitcoin movements panic, especially when they see the balance in their wallet, which shows a decrease in the value of their money. And what will happen next is they sell some or even all of them at a loss. But if they can hold on and hold on, they can get another profit that can be even higher than they expected.
full member
Activity: 2016
Merit: 156
February 06, 2023, 12:01:10 AM
#67
Quote from: Jaycoinz
  So I still have the doubt of Bitcoin shooting higher  just as we are expecting in 2024.

Bitcoin will definitely hit higher than what we are seeing right now, because Bitcoin price has already started displaying from the month of January which is a sign to potential traders that 2024 will be a massive pumping year to both long term traders and short term traders. If you have not embrace this opportunity to buy Bitcoin and hold, I will advise you to do that, so that you will not regret when the price of Bitcoin increase higher which is the expectation of traders that took their time few months ago to purchased Bitcoin for future purpose.
sr. member
Activity: 714
Merit: 253
February 05, 2023, 11:44:46 PM
#66
  Bitcoin is a cryptocurrency that no has the capability to predict it's rise or fall.
   I am beginning to have a doubt that Bitcoin cannot go to a higher price just like the previous year.
  Cause Bitcoin is determined by the number of people in the digital market. Just like the higher the number of people that purchase Bitcoin the lower it's price and for it price to go higher it requires some Bitcoin investors, traders and miner's to withdraw some percentage of their Bitcoin. So I still have the doubt of Bitcoin shooting higher  just as we are expecting in 2024.

As an investment, there are risks, and everyone has fears like you, but we need to overcome fear if we want to be profitable. You cannot expect to invest in something that is both profitable and safe. There is no such investment for you to look for. If you can't stand the risk with bitcoin, you can look to less risky investments like gold, it's safer than bitcoin, but the return will be lower.
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