Some words of encouragement during this market crash

Mahanton

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Quote from: Hippocrypto on July 12, 2021, 05:30:20 PM

Quote from: Felimon on July 12, 2021, 11:12:13 AM

In my experience participating in this electronic market for many years now, I see that if you are a long-term investor and want to win in this market, you should calm down and wait, you must become Don't be emotional and don't be too controlled by the ups and downs of the BTC market, the price will surely go down, and how many times the price of BTC drops deeper and reaches the highest peak, you must have faith in the coins you buy keep long term.

Keeping our faith is a very tough decision to do, because we're always having that mindset of acquiring our profit in a shorter and quicker time. But when this market downfall came, there's no option to do and we're really force to hold long term. Cashing out that money if you don't need in emergency is not worthy, so better let it stay in crypto or regret by the time crypto goes back on green market.

When emotion sets in then that faith of yours would be really be mainly affected which would result into sudden change of decisions and i can really attest to that all of us did really experience the same thing.
Market cant really be predicted no matter how good you are on making analysis and when you dont have sufficient knowledge on this market then most likely you would really be that impulsive when it comes on
making decision towards your trades and the key on minimizing those kind of emotions is on gaining on experience, you wont really be that affected much but still not 100% but at least
you are aware on how market behaves and react accordingly with the situation specially on dumping times.

Hippocrypto

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Quote from: Felimon on July 12, 2021, 11:12:13 AM

In my experience participating in this electronic market for many years now, I see that if you are a long-term investor and want to win in this market, you should calm down and wait, you must become Don't be emotional and don't be too controlled by the ups and downs of the BTC market, the price will surely go down, and how many times the price of BTC drops deeper and reaches the highest peak, you must have faith in the coins you buy keep long term.

Keeping our faith is a very tough decision to do, because we're always having that mindset of acquiring our profit in a shorter and quicker time. But when this market downfall came, there's no option to do and we're really force to hold long term. Cashing out that money if you don't need in emergency is not worthy, so better let it stay in crypto or regret by the time crypto goes back on green market.

Slow death

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Quote from: Lee_Mire on June 21, 2021, 08:17:22 AM

If you are in then just hodl and do something productive until August. If you aren't in yet, then start DCA'ing. Peace.

and who guaranteed that in August the price will start to increase?

the price is still above $28000, as long as the price does not fall below 28000$ there is no reason for people to be worried, the problem will be if the price falls below $28000, if one day this happens then we will see a bloodbath until at $20,000 - $22,000. but as most people do hodl then there is no reason to worry, even if the price drops below $28,000 (something impossible in my opinion), people who do hodl will not be worried, they are doing hodl for the next 5 years old

batang_bitcoin

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What's with the August? I've seen I think a couple of post that there's something that will happen good by the month of August. But OP is right that we must continue to buy bitcoin and save as much in your own portfolio before another greater bull run comes out.
It's the essence why we're keep on saving bitcoin because every market cycle, there's a likelihood that it will imitate the past.

pinggoki

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Market crash has been a staple event in the cryptocurrency industry, and this is not the first time or even the biggest or worst crash bitcoin has ever experienced in its decade-long run as the leading coin in the market. To say that this will be the end of bitcoin as a cryptocurrency is not only untrue, but also generic as a lot of people had already told bitcoin will die off in the past crashes we had, but still we have yet to have a crash that will really put the coin to rest. So just sit tight, and hold what you can weather.

Anonylz

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I try not to pay much attention to the price ( but still keep up to date with what is happening in the crypto space just not to be left out on a vital information especially with regards to my investment) so I focus more on my job to distract me and stop me from checking coingecko every 5 minutes, understanding that this time is part of the market cycle and also necessary for the overall growth of the market also helps to ease the tension a bit, because it will help you understand the market will also recover at some point and make everyone smile again

Vaskiy

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Quote from: Viscore on July 12, 2021, 02:29:36 PM

Quote from: Felimon on July 12, 2021, 11:12:13 AM

In my experience participating in this electronic market for many years now, I see that if you are a long-term investor and want to win in this market, you should calm down and wait, you must become Don't be emotional and don't be too controlled by the ups and downs of the BTC market, the price will surely go down, and how many times the price of BTC drops deeper and reaches the highest peak, you must have faith in the coins you buy keep long term.

If the market is crashing, then learn to embrace it. Bear season happens every year so there's no new to it. As long as you never fall for panic selling and stay hodling all your coins, then you will never be at loss.

Divert your attention to other productive activity so you won't be depressed seeing the prices continue to fall. Come back to crypto only when you see the market is already stable and when you see new heights, sell some of your coins so you will also enjoy your profits.

Yeah, that's a way one can get his portfolio remain strong even when the market is getting into the bearish trend. As of now we don't know when the market turns bearish and when getting into the bull trend.

We need to be active and should have the understanding not to fall for panic waves and to stay strong hodling it. If not if you find the market is turning bearish sell it against USDT and do buyback at a lower price making your portfolio even stronger.

Oilacris

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Quote from: Lee_Mire on June 21, 2021, 08:17:22 AM

The markets is looking horrible and I know some of you want to hear some fact based words of encouragement. Its hard to comprehend this at the moment. But we have not reached the top of this cycle yet. This looks a lot like 2013 when the market crashed half way through the cycle before continuing upwards. Just check the charts and compare it your self. Bitcoin bull markets end in fireworks not crabbing formations. If you are in then just hodl and do something productive until August. If you aren't in yet, then start DCA'ing. Peace.

On times like these then emotion would be your main enemy and we dont really need some sort of encouragement but rather try to look at on how far we've able to reach out.

Dont let yourself get drag on with the market crash because if you've been on this market for a while then you cant really be easily be affected compared to those who had just recently dive in.

It might sounds simple but it isnt really easily to be done because it will really be playing out your emotion and mindset.If you are really prepared and serious with volatility issues
then this wont really be that a major thing for you to problem about.

KaliLinux

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Quote from: Felimon on July 12, 2021, 11:12:13 AM

In my experience participating in this electronic market for many years now, I see that if you are a long-term investor and want to win in this market, you should calm down and wait, you must become Don't be emotional and don't be too controlled by the ups and downs of the BTC market, the price will surely go down, and how many times the price of BTC drops deeper and reaches the highest peak, you must have faith in the coins you buy keep long term.

I agree with you and by now for all the old-timers in the system, I would say it is really a no-brainer what people should be doing in times like this with regards to the price dips. As you said, if you have been in the market for quite some years this must have been a familiar occurrence and we know that Bitcoin prices always recover and even get to a new ATH anytime this kind of correction happens and I believe this will hopefully go that way too.

Viscore

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Quote from: Felimon on July 12, 2021, 11:12:13 AM

In my experience participating in this electronic market for many years now, I see that if you are a long-term investor and want to win in this market, you should calm down and wait, you must become Don't be emotional and don't be too controlled by the ups and downs of the BTC market, the price will surely go down, and how many times the price of BTC drops deeper and reaches the highest peak, you must have faith in the coins you buy keep long term.

If the market is crashing, then learn to embrace it. Bear season happens every year so there's no new to it. As long as you never fall for panic selling and stay hodling all your coins, then you will never be at loss.

Divert your attention to other productive activity so you won't be depressed seeing the prices continue to fall. Come back to crypto only when you see the market is already stable and when you see new heights, sell some of your coins so you will also enjoy your profits.

Viscore

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Activity: 3178

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Live with peace and enjoy life!

Quote from: Felimon on July 12, 2021, 11:12:13 AM

In my experience participating in this electronic market for many years now, I see that if you are a long-term investor and want to win in this market, you should calm down and wait, you must become Don't be emotional and don't be too controlled by the ups and downs of the BTC market, the price will surely go down, and how many times the price of BTC drops deeper and reaches the highest peak, you must have faith in the coins you buy keep long term.

If the market is crashing, then learn to embrace it. Bear season happens every year so there's no new to it. As long as you never fall for panic selling and stay hodling all your coins, then you will never be at loss.

Divert your attention to other productive activity so you won't be depressed seeing the prices continue to fall. Come back to crypto only when you see the market is already stable and when you see new heights, sell some of your coins so you will also enjoy your profits.

Viscore

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Activity: 3178

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Live with peace and enjoy life!

Quote from: Felimon on July 12, 2021, 11:12:13 AM

In my experience participating in this electronic market for many years now, I see that if you are a long-term investor and want to win in this market, you should calm down and wait, you must become Don't be emotional and don't be too controlled by the ups and downs of the BTC market, the price will surely go down, and how many times the price of BTC drops deeper and reaches the highest peak, you must have faith in the coins you buy keep long term.

If the market is crashing, then learn to embrace it. Bear season happens every year so there's no new to it. As long as you never fall for panic selling and stay hodling all your coins, then you will never be at loss.

Divert your attention to other productive activity so you won't be depressed seeing the prices continue to fall. Come back to crypto only when you see the market is already stable and when you see new heights, sell some of your coins so you will also enjoy your profits.

Felimon

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In my experience participating in this electronic market for many years now, I see that if you are a long-term investor and want to win in this market, you should calm down and wait, you must become Don't be emotional and don't be too controlled by the ups and downs of the BTC market, the price will surely go down, and how many times the price of BTC drops deeper and reaches the highest peak, you must have faith in the coins you buy keep long term.

yazher

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Quote from: Lee_Mire on June 21, 2021, 08:17:22 AM

The markets is looking horrible and I know some of you want to hear some fact based words of encouragement. Its hard to comprehend this at the moment. But we have not reached the top of this cycle yet. This looks a lot like 2013 when the market crashed half way through the cycle before continuing upwards. Just check the charts and compare it your self. Bitcoin bull markets end in fireworks not crabbing formations. If you are in then just hodl and do something productive until August. If you aren't in yet, then start DCA'ing. Peace.

Since we are still on the phase where bitcoins hasn't get to the list of top 10 used currency in the worlds, we still lack some popularity to make it happen and the result is something like what the market is experiencing where the price is unstable. by the way when bitcoins reached its final ATH where people doesn't really listen on those negative things they tweet about bitcoins, that will gonna happen. right now what we have to do is make ourselves familiar with the current market situation so that when something like a bearish trend would happen again, we won't lose some opportunity but instead we take advantage of it to invest to further push it back and to begin the bull run again.

Keila Faith Villanueva

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I don't feel bad. Winter will definitely pass, and it will not be a long winter forever. This is the time to test you, to see if your patience, your persistence, can get the corresponding return. The market will definitely recover. The turbulence is normal, and the rainbow is only seen after wind and rain.

SacriFries11

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All you can do is wait for the price of bitcoin to rise again. And don’t sell at a low price if you bought it at a high price. Because of this you will lose if you do it over and over again every time the market crashes. Do your own research on the market so you still know and what price you will buy so you can avoid the previous mistake. Don’t let your emotion get in the way and don’t let it affect you because it’s part of bitcoin’s price correction.

randegibran

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for the current market price, we are experiencing a significant obstacle, and we as business people feel very confident that this will recover and the price will return to normal, especially now that we are in the hardest economy due to the global pandemic that we are experiencing. by all countries in the world, not only crypto businesses experiencing this but also other businesses bisnis

CryptoStar19

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Quote from: RILWAN on July 07, 2021, 07:15:24 AM

Hold on is the only word I can say right now we have to be patience and hold if you study the market from the past year's you will realize that you only lose when you sell low below the price you bought it.
The market will green again.

No doubt. It's just a matter of time now. I am holding much hope to see beginnings of a renewed rally as we head into mid-late July.

RILWAN

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Hold on is the only word I can say right now we have to be patience and hold if you study the market from the past year's you will realize that you only lose when you sell low below the price you bought it.
The market will green again.

ropyu1978

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Quote from: Seyifun on June 26, 2021, 10:23:08 AM

There is a saying that ' tough time don't last but tough people do'. One just needs to be patient in anything we do. The Bitcoin market will still pick and we will all see the reward. I want us to have the strong believe that very soon it gonna be alright.if we look at it critically, we will see that this is not the first time it will happen. It has happened before and it picked up again. Just believe in it and you will get the reward of patience.

it's true this is not the first time this has happened, keep holding on with the current situation, because after dark it will definitely rise bright, rest assured that the rain has passed, surely a rainbow will come, the sky is not always cloudy, the leaves are not always dry, just wait for spring, the leaves will return to green, be patient with the bitcoin situation now, because patience will bear success,

Topic: Some words of encouragement during this market crash (Read 587 times)