Should I keep calm and wait? - page 2.

pragna

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Quote from: iTradeBit on November 22, 2018, 09:27:46 AM

Bitcoin is ready to stabilize, is it worth to calm down and wait?
How quick will the market begin to return to the massive increase in altcoins in your opinion?

I think its now common question in forum but nobody could not give right ans in this time. Actually what is happing in market nobody can guess right this time. Market is now fully button position. So just keep patience for market up. I think soon market will start U-turn from this situation. Be a part of historical moment.

jojowar

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Yes you should be calm and wait until the market rises again. If you don't have patience in this kind of situation, you may result into losses.

Clark05

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Keep calm and be patient is one of the better way of every each one of us here in cryptocurrency and we will see price increase. I hope everyone will stop panicking selling their altcoin to start again market rising and we start again earning money.

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Quote from: iTradeBit on November 22, 2018, 09:27:46 AM

Bitcoin is ready to stabilize, is it worth to calm down and wait?
How quick will the market begin to return to the massive increase in altcoins in your opinion?

I think it's gonna happen in the second half of 2019. By the time SEC will approve ETF application from someone, institutional investor will come to the market and everybody will be happy. Especially people who invested on the dip. Hot thing in next year will be something like decentralized exchanges and stablecoins. Right now the most important thing is to find right point to enter the market. It's up to you.

kamudd

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I don't know what will happen to the next bitcoin price, but there are a lot of predictions from people that the market will go down from now on and you can choose to believe it or not, but personally I'm still waiting for the bull run to come and wait and be patient.

rickadone

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Quote from: zoeylee on November 22, 2018, 08:11:17 PM

Yes, we should keep calm and wait if you want to earn big amount of money. Long investment for all the risk takers without impulsive actions and decisions.

Is there any other thing left to do at this stage ? I guess not!

If there is anyone actually getting scared, panicking and selling at loss at this point, then, it pretty much shows their level of intelligence when it comes to the market. When situations like this arrives, the best is to just keep calm, have a plan, know how to execute those plans, and in between those plans, you actually want to be buying at this stage and not selling.

Investment should always be long term, if you want to trade, learn how to trade, if you cannot trade, then focus on the long term; it is just as simple as that. These days, I feel people just tend to take too much risk than they can handle, and that is always the problem.

Shinpako09

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Actually you don't need to ask if you need to be calm. It's a common sense that you need to be calm at all time. Getting panic has never been good. Being calm will prevent yourself from making a bad decision that will result into losses if not. Aside from being smart, working hard, patience and stay calm is all you need to do if you want to have a success here in crypto.

Soniapanesar

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More calm we are, more we can see and listen. So always keep patience.

Hans17

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Quote from: iTradeBit on November 22, 2018, 09:27:46 AM

Bitcoin is ready to stabilize, is it worth to calm down and wait?
How quick will the market begin to return to the massive increase in altcoins in your opinion?

Yes you should probably wait until it opens up a new opportunity, for my own experience is that i wait yes i wait until i see some good price, well for now case we should wait, take the risks so there would no be regret at the end of the day.

Tnt1971

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Yes . nothing can do without keeping Calm and wait.because marking down speed is always continue..no upward motion of market.so be patient.. only patient.

Hamphser

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Quote from: christian07 on November 23, 2018, 05:32:56 AM

OP usually newbie ask this kind of question so i think you better to do investment here like do it little by little because market or btc and alts here can grow after a year or meaning it takes time or it can happen anytime then unfortunately vice versa like it can continue to drops so crypto investment is really unpredictable so apply this in your question like you need to be calm and just wait until market go grow

Not at all because even veteran would really have the same questions on mind.I doubt that you do ask out this kind of basic thing of question.When it comes to investment
seeing this current market condition will really lead into those questions which I don't really see any problem with it. Patience is always been a good move where waiting out
the best opportunity to set-in.

Indamuck

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"Good things come to those that wait"

All you have to do is be patient and don't let the negativity effect you. People who sold recently will be crying when bitcoin hits 100k. Crypto veterans have been through this many times before so this is nothing new. I don't even check prices daily anymore because I know the price will rise in the long run.

bitbunnny

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You should definetely stay calm, that is the best thing you can do. Of coir, sometimes when you invested a lot that isn't the easiest thing to do but with panic and reckless decisions you could only make situation worse.
If you have any experience then you are aware that this is not the first or last such situations when the market is falling. As well you know that it will recover eventualy, it's the question of time.
Don't listen to different panic predictions and don't bother with price too much and you will be fine.

hahay

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Yes you have to stay calm and wait if you are the holder of bitcoin, but all of those decisions are on yourself and you cannot always follow the choices of others, because if you always follow the choices of others, I worry about the choices you choose from people others it is a mistake. So by having personal beliefs like what your decision or choice is, then at least you will become accustomed later and not always ask for people's opinions.

For me personally, I will always try to stay calm when a crash occurs and wait to recover, I'm also not too concerned about how long I have to wait. Honestly, I panicked when this crash happened and had wanted to sell, but because I still had confidence in the future of crypto, I tried to stay calm and I was willing to wait not to sell it when it was dumped.

christian07

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OP usually newbie ask this kind of question so i think you better to do investment here like do it little by little because market or btc and alts here can grow after a year or meaning it takes time or it can happen anytime then unfortunately vice versa like it can continue to drops so crypto investment is really unpredictable so apply this in your question like you need to be calm and just wait until market go grow

buwaytress

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Quote from: The Sceptical Chymist on November 22, 2018, 10:53:22 PM

Quote from: buwaytress on November 22, 2018, 11:19:01 AM

What's the alternative to "keep calm and wait"? Panic and rush in? Doesn't really feel like there's any other good way to deal with Bitcoin, is there?

I know, right? How are you supposed to answer questions like this? "No, be frantic and continue pulling your hair out" isn't exactly good advice if you're trading bitcoin or anything else.

If you're a holder of bitcoin at the moment, I'd definitely keep holding. Selling when prices are down is how you lose money, and unless you really believe bitcoin is going lower for the long-term, there's no need to sell. In fact, it's probably a good time to buy if you ask me--and I've said that numerous times over the past few days. It just sucks not having enough fiat to get in right now.

Heh, yeah. It's as if people just want validation for decisions they've already made a long time ago.

People don't want to admit it but most who "got into Bitcoin" never really had a plan. They probably bought on impulse, harbouring some unrealistic dream of x100 and lambo moons. And when the inevitable arrives (yes, this has happened before this crypto winter), they're begging for people to pat them on the back and say "it's okay, get out now, rush out, we all are".

You're right. If you truly believe Bitcoin's dead or headed for the grave, then yeah. Sell. But that belief shouldn't have led you to buying Bitcoin in the past year, which is what OP probably did.

Sucks for us exactly. I also still have to sell as I do every few weeks, and the past 2 big sells were particularly painful, took my BTC holdings back down a level I'd taken so long to build up.

The Sceptical Chymist

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Quote from: buwaytress on November 22, 2018, 11:19:01 AM

What's the alternative to "keep calm and wait"? Panic and rush in? Doesn't really feel like there's any other good way to deal with Bitcoin, is there?

I know, right? How are you supposed to answer questions like this? "No, be frantic and continue pulling your hair out" isn't exactly good advice if you're trading bitcoin or anything else.

If you're a holder of bitcoin at the moment, I'd definitely keep holding. Selling when prices are down is how you lose money, and unless you really believe bitcoin is going lower for the long-term, there's no need to sell. In fact, it's probably a good time to buy if you ask me--and I've said that numerous times over the past few days. It just sucks not having enough fiat to get in right now.

Ridwan Fauzi

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The price increase in 2017 may be caused by everyone who is new to cryptocurrency and then they start investing in it. And the decline in prices in 2018 is also caused by everyone who is new to cryptocurrency and they do not know the true characteristics of the cryptocurrency, so when there are sales by several investors, each new person follows the same thing to sell the assets they have. Investing in cryptocurrency is different from other places, usually everyone who will invest elsewhere they will really assess the place, but when investing in cryptocurrency they have ignored it. This is your problem, between calm and wait there's actually something you have to do.

zoeylee

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Yes, we should keep calm and wait if you want to earn big amount of money. Long investment for all the risk takers without impulsive actions and decisions.

jointherevolution

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Do you need your money back fast? If you take it now you will not get all you invested, it will be a loss. You must wait like all of us. The market is a cycle and has ups and downs. It is worth waiting if you see how the market grows after hitting low in the years before.

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