Topic: Newbies panic & Old timers smile, when the Bitcoin price take a dip. - page 13. (Read 2711 times)
August 13, 2018, 07:41:45 AM
Trading Bitcoin and making a profit is not as easy as it may seem to people who haven't tried daytrading ever. It requires experience and skills to predict the market and sometimes abnormal dips or spikes may make you lose money. I would say that earnings from signature campaigns are low in comparison, but they are also a secure stream of income while daytrades gone bad could incur unexpected losses that would need quite some time before the market swings back favourably.
August 13, 2018, 07:26:15 AM
Newbies'expectations for the signature movement are understandable. Investing in such a very depressed market is now difficult to make a profit, and some people even lose a lot of money. What I want to say is that bounty and signature campaigns are not privileges for advanced accounts.
August 13, 2018, 07:21:09 AM
The last line means all, for those who understand BTC and Investment 
August 13, 2018, 07:13:00 AM
what you say is very true.
I think nearly 50% of people in this forum focus on bounty not on crypto prices.
but even though i am a bounty hunter i never focus too much on the bounty because i have work in the real world and bounty as my spare time job. when I finished taking the bounty and I was paid with a number of tokens I will never sell until the price is really high.
and I also invested in bitcoin with my remaining daily money to increase the volume of my coins and hold it for longer.
I did it all because I believe someday bitcoin will pump to a price of $ 50,000
I think nearly 50% of people in this forum focus on bounty not on crypto prices.
but even though i am a bounty hunter i never focus too much on the bounty because i have work in the real world and bounty as my spare time job. when I finished taking the bounty and I was paid with a number of tokens I will never sell until the price is really high.
and I also invested in bitcoin with my remaining daily money to increase the volume of my coins and hold it for longer.
I did it all because I believe someday bitcoin will pump to a price of $ 50,000
August 13, 2018, 07:00:11 AM
Man, I was in the same boat when I was a newbie. You have a little bit of money invested into Bitcoin and you think it will
only grow from strength to strength. When it starts to go down, it becomes inevitable for you to start to panic, because it is
not like any other commodity that you invested before. It took me about 2 years to get used to Bitcoin's volatility and for me
to relax when it happens.
only grow from strength to strength. When it starts to go down, it becomes inevitable for you to start to panic, because it is
not like any other commodity that you invested before. It took me about 2 years to get used to Bitcoin's volatility and for me
to relax when it happens.
Don't be panic newbies just relax and enjoy joining forum, focus on ranking up on this and forget about the signature and bounty campaign. Concentrate on the market and learn how to make the biggest profits.
August 13, 2018, 06:43:28 AM
Experience is everything in this crypto currency market. Old users of crypto currency have seen many ups and downs of the coin and they know patience is the most essential thing in this market. New users rarely know this thing and get panicked by the down fall of prices.
true.because people nowadays is too lazy and always rely on others thoughts and predictions which is the reason why they're always panicking when the market is down. actually in my opinion for me being newbie is not a big problem here in crypto world because it's up to us if we really interested to avoid such problem ,and indeed doing specific research is always the best solutions to fix all doubts and etc. 
August 13, 2018, 06:40:58 AM
Yeah, the same story every time, over and over again.
At first I found annoying all the panic and drama about the price and couldn't quite understand why new users are so ignorant.
But now this is actualy very amusing for me. Experienced users will take opportunity and make profit out of it and newbies will act like drama queen. The only problem is that some of them will never learn.
At first I found annoying all the panic and drama about the price and couldn't quite understand why new users are so ignorant.
But now this is actualy very amusing for me. Experienced users will take opportunity and make profit out of it and newbies will act like drama queen. The only problem is that some of them will never learn.
August 13, 2018, 06:39:26 AM
Whether it is a new investor or an old investor, it is full of panic when the market collapses!
Prices are falling, trading volume is decreasing, investors are not trading, and the market is hard to recover!
Prices are falling, trading volume is decreasing, investors are not trading, and the market is hard to recover!
August 13, 2018, 06:38:53 AM
Experience is everything in this crypto currency market. Old users of crypto currency have seen many ups and downs of the coin and they know patience is the most essential thing in this market. New users rarely know this thing and get panicked by the down fall of prices.
true.because people nowadays is too lazy and always rely on others thoughts and predictions which is the reason why they're always panicking when the market is down. actually in my opinion for me being newbie is not a big problem here in crypto world because it's up to us if we really interested to avoid such problem ,and indeed doing specific research is always the best solutions to fix all doubts and etc. August 13, 2018, 06:38:34 AM
Yes, this is correct. Newbies usually get panic seeing the market price is going down and tend to sell all their coins instead of buying more bitcoin for investment because they're afraid that might lose all their money. On the other hand, old investors feel happy seeing the prices going down sharply and take advantage of the opportunity to buy more for better rewards when prices are up.
This is where the difference of experience comes in and those who are experienced know that this dip is the time to buy more at less price and sell during the rise rather than doing the other way round which newbies does it. Also newbie gets panic easily when the market fall and sell their holdings.
Again - not true. Data shows the downturn is driven by HODL'ers who are selling
August 13, 2018, 06:36:33 AM
Yes, this is correct. Newbies usually get panic seeing the market price is going down and tend to sell all their coins instead of buying more bitcoin for investment because they're afraid that might lose all their money. On the other hand, old investors feel happy seeing the prices going down sharply and take advantage of the opportunity to buy more for better rewards when prices are up.
This is where the difference of experience comes in and those who are experienced know that this dip is the time to buy more at less price and sell during the rise rather than doing the other way round which newbies does it. Also newbie gets panic easily when the market fall and sell their holdings.
August 13, 2018, 06:34:56 AM
Yes, this is correct. Newbies usually get panic seeing the market price is going down and tend to sell all their coins instead of buying more bitcoin for investment because they're afraid that might lose all their money. On the other hand, old investors feel happy seeing the prices going down sharply and take advantage of the opportunity to buy more for better rewards when prices are up.
Not true - actual analysis of the data shows it is the HODL'ers who are selling and causing the downturn: https://www.ccn.com/bitcoin-price-decline-caused-by-hodlers-unprecedented-30-billion-sell-off-research/
August 13, 2018, 06:33:04 AM
Yes, this is correct. Newbies usually get panic seeing the market price is going down and tend to sell all their coins instead of buying more bitcoin for investment because they're afraid that might lose all their money. On the other hand, old investors feel happy seeing the prices going down sharply and take advantage of the opportunity to buy more for better rewards when prices are up.
August 13, 2018, 05:43:19 AM
Experience is everything in this crypto currency market. Old users of crypto currency have seen many ups and downs of the coin and they know patience is the most essential thing in this market. New users rarely know this thing and get panicked by the down fall of prices.
true.because people nowadays is too lazy and always rely on others thoughts and predictions which is the reason why they're always panicking when the market is down. actually in my opinion for me being newbie is not a big problem here in crypto world because it's up to us if we really interested to avoid such problem ,and indeed doing specific research is always the best solutions to fix all doubts and etc. August 13, 2018, 05:01:09 AM
That's 100% correct. They don't know what the market holds, they can't do better analysis, they just invest blindly. And when it's going bad, they panic. But those that knows what they are doing has no reason to panic.
August 13, 2018, 05:00:46 AM
i agree with you. to analyze the market situation newbie's should participate in bounty campaign and the signature campaign. then they will properly understand about the market.
Yes, that is a good idea. They must join a campaign and for that they can read also the ideas of others and some important information about crypto currency. August 13, 2018, 04:57:29 AM
A very good read for the newbies and also some oldies who are currently panicking because of the recent dip of Bitcoin. Honestly, I also focused on making short term small investments on potential Alts to gain as much as profit while I can because whining and worrying and current situation was not doing anything good to me.
August 13, 2018, 04:34:23 AM
We must take the opportunity to gain big profits. I think newbies only think of benefiting from the bounty campaign and signature but after joining this forum and also knowing lots of ico they will realize that there are many ways that can get more profit by participating in ico or becoming a trader.
If you really have money now it's a good time to invest short or long term, buy at a low price and sell it again at a high price in the future or you just keep holding till the right time.
If you really have money now it's a good time to invest short or long term, buy at a low price and sell it again at a high price in the future or you just keep holding till the right time.
August 13, 2018, 04:00:42 AM
i just look at crypto as a hybrid savings acount invest in good projects and hold long term i beleive in the future of blockchain
August 13, 2018, 03:17:40 AM
You are right holding or buying bitcoin in a dip will also fruit full & profit able, because no one knows how it can go up & very hard to predict but it can go more than 20K like January 18.
I will add newbies have to focus on both try to get bitcoin in a dip & also try to rank up in the forum for some better campaign.
I will add newbies have to focus on both try to get bitcoin in a dip & also try to rank up in the forum for some better campaign.
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