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Topic: Some words of encouragement during this market crash - page 2. (Read 577 times)

full member
Activity: 1834
Merit: 166
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.
If this market is shaking you off then you have not seen the worse part also and those who have survived it and still holding their coins they don't need any motivation or encouragement because they have some brave heart already from past.You just checked how many times btc have been declared dead and how many huge market dumps we have seen and now still trading above $34k and tell you still feel horrible about this?Those who have invested at say $3k in 2017 only doesn't feel sad about this and still feeling good now and hoping it to be cross $50k to have huge profits on their bucket.You just invested at peak or high and your first time and that's why you feel disappointed about this and slowly you will also join holders it you have patience otherwise panic sellers are waiting.
jr. member
Activity: 39
Merit: 1
Thank you for your kind words but I am patient enough to wait for the market to return back to its original value. And I know it will surely happen sooner or later.
legendary
Activity: 1358
Merit: 1000
If we want to rise higher and higher first we must fallen to deep! Im keep saying this to myself when i feel desperate and living big failure. With this encouragement i can stand up again to move forward. And also in the Legend of Korra The Avatar Aang's quote also give me encouragement " When we hit our lowest point we are open to the greatest change "

This crash days gives us more possibility than normal time so if you don't lose your passion when these days off you will be success.
newbie
Activity: 15
Merit: 0
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.
copper member
Activity: 168
Merit: 4
I see in this market that the value of falling or going up is a very normal rule, the most important thing is whether you have enough patience to wait for the price to recover or you are panic selling, selling at a loss. in this moment of the downtrend market.if you are a long term investor always keep a cool head because you have nothing to fear . It may be partly due to the bad news about China that doesn't allow bitcoin miners anymore, but it's also very good news that a lot of places accept bitcoin as a payment currency. Bitcoin will always be a technology platform in the future, believe in it and you will reap the rewards of trust and patience.
legendary
Activity: 2716
Merit: 1855
Rollbit.com | #1 Solana Casino
I think what makes investors feel afraid during those crashes is that they don't exactly know what's going on. Sometimes it looks like somebody else knows more than others do, but that turned out to be wrong every single time. When the market is so high and so heated up, even tiny news are enough to get the ball rolling down the hill. That is probably what happened here with the bad news coming from China in regards to shutting down the mining industry. I am also confident it will recover although it could take some time.
China doesn't just give regular FUD, but China gives very bad news for Bitcoin, as miners are being chased out of mainland China. this makes the bitcoin price crash even more. But some recovery will certainly occur with the emergence of good news in favor of bitcoin. All markets will recover with time, depending on the good news that continues to emerge and the mass adoption of bitcoin continues to grow. The future of bitcoin is still very good because Bitcoin technology or cryptocurrency is a revolutionary technology. As long-term investors have nothing to fear, all will be well. The crypto market will improve.
sr. member
Activity: 843
Merit: 255
8V Global | 8v.com
I agree with the author, including because the current price of bitcoin is much higher than the peak in 2017. Probably many have forgotten about this and they were fascinated by the growth to $ 60,000 and above, but do not forget that each cycle raises the price higher and higher, but let there be recessions and corrections, even if it lasts for a while, but sooner or later bitcoin continues to grow to a new peak, which turns out to be several times higher than the previous one. According to this logic, the one who is patient and not subject to psychosis and depression will calmly sit out this period and come out "the winner".
sr. member
Activity: 1610
Merit: 264
~
Some just don't really see the bigger picture at all. There are those claiming that they are long-term hodlers but they are looking  for short-term movements of the price. Cheesy
In 2019, I saw that the price was like around 4k but turned out to be rebounding back to 10k anyway.
sr. member
Activity: 1050
Merit: 286
We all need a word of encouragement from other so that we can spread positivity regardless of the situation. Your optimism can be the thing that will help other people stay faithful and firm with their holdings. Bitcoin might be down right now but we all know sooner or later, it will not just recover instead it will break new ATH's that are far greater than what we are expecting or imaging. It is a risk investing in crypto so it is important that one commits to a healthy and positive mind so that he can have the courage to take the risk and persevere in his goals always.
member
Activity: 868
Merit: 63
Is it really though?

June 21, 2013:     $102
June 21, 2014:     $595    (An annual increase of 483%)
June 21, 2016:     $715    (An annual increase of 9.6%)
June 21, 2017:   $2,785   (An annual increase of 289.5%)
June 21, 2018:   $6,785   (An annual increase of 143.6%)
June 21, 2020:   $9,400   (An annual increase of 17.7%)
June 21, 2021:  $31,750  (An annual increase of 237.7%)


What part of that looks horrible?
I think the reason that they think that it's horrible is probably because their perspective and expectation of the prices continues to change which is inevitable but at the same time stupid. Although they are innocent though because these people that think that this is the worst hasn't been in the market for too long and this is the lowest that they can think of.
hero member
Activity: 1904
Merit: 510
if you still hold bitcoin, hold on tight, don't let the pope provoke you, to sell the bitcoins you have, ignore the negative posts of elon musk, donal trump, the tesla company, and the slender country of china, whatever happens we will always be together, I'm sure after the rain a rainbow will come out.. stay patient, take your stand, rest assured we can survive whatever happens..
sr. member
Activity: 882
Merit: 252
maybe at this time all of us investments feel very sad about what has happened to bitcoin lately. I hope the price will go up again as before. of course this will increase our motivation to move on to be better. don't ever be discouraged by the things that are happening at this time. with a price drop that is quite heavy for this time. we can also still invest by buying it first
full member
Activity: 1512
Merit: 115
The markets is looking horrible

Is it really though?

June 21, 2013:     $102
June 21, 2014:     $595    (An annual increase of 483%)
June 21, 2016:     $715    (An annual increase of 9.6%)
June 21, 2017:   $2,785   (An annual increase of 289.5%)
June 21, 2018:   $6,785   (An annual increase of 143.6%)
June 21, 2020:   $9,400   (An annual increase of 17.7%)
June 21, 2021:  $31,750  (An annual increase of 237.7%)


What part of that looks horrible?
The problem is most investors now are looking at daily, weekly, and at most monthly charts or market trends without looking at the big picture. If we really look at Bitcoin price based on how you posted it here, most investors would realize that investing in Bitcoin at any time will eventually still put you in profits even though investing in it at a lower price is more profitable hence all this FUD to drag the price down by whales and Institutions.

sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
This "crash" that you are talking about isn't that drastic as the crash back in 2018 so I don't think that we will be needing those encouragement right now, we are just so privileged right now that a dump like this is making us crazy.
hero member
Activity: 3010
Merit: 629
Market crash is not unusual in crypto, we cant expect the price to move upward consistently since the market is high volatile and thats how it works. Remember you're not losing anything unless you sell your coins so dont feel bad seeing your assets declining because its a normal cycle in crypto. You can also track the past history to see how many percentage your coins gained already (assuming you're holding a major coins) from the time it was launch.

Forget for a while the current situation of the market and let yourself busy into other activities.
jr. member
Activity: 65
Merit: 5
A few years ago we also encountered scenes like today. It was worse than now. We have survived that moment. Now it’s just a short correction. Don’t worry, I believe that a new bull market will usher in a big drop in Bitcoin. , Come on, Bitcoin will bring us new surprises and hopes, don't give up on it.
sr. member
Activity: 826
Merit: 263
Too late, the market crash has been since several weeks ago, the market dropped more than -50% and my assets are also.
Yeah, this is a bad thing to know what still happens to the crypto market right now, the bloodbath doesn't end yet. the price of all cryptos is decreasing. It seems like only rising up +5% and then falling down more than -10%  Grin
Moreover, the BTC price is also dropped very drastically until only $29k, this really influences altcoins price to be worse.
And yeah of course, for me, no need for another solution, only HOLD is the best way because I was too late to cut loss, so, this is not my choice right now.
Be patient.
hero member
Activity: 1106
Merit: 508
Bisq Market Day - March 20th 2023
The market will not always be bearish. The market falls to rise to higher levels. Bitcoin will create a new ATH again and that will make the crypto world even more volatile.

A market crash like today is a very good opportunity to buy, even if stuck at higher prices, holding will be better than having to sell in these circumstances. Panic will only make a person lose. remain positive and believe that the market will recover.

I think what makes investors feel afraid during those crashes is that they don't exactly know what's going on. Sometimes it looks like somebody else knows more than others do, but that turned out to be wrong every single time. When the market is so high and so heated up, even tiny news are enough to get the ball rolling down the hill. That is probably what happened here with the bad news coming from China in regards to shutting down the mining industry. I am also confident it will recover although it could take some time.
legendary
Activity: 2716
Merit: 1855
Rollbit.com | #1 Solana Casino
The market will not always be bearish. The market falls to rise to higher levels. Bitcoin will create a new ATH again and that will make the crypto world even more volatile.

A market crash like today is a very good opportunity to buy, even if stuck at higher prices, holding will be better than having to sell in these circumstances. Panic will only make a person lose. remain positive and believe that the market will recover.
sr. member
Activity: 993
Merit: 250
Moonbet.io
The words of encouragement/ consoles that cryptocurrencies market always risky and unable in nature. No one can easily predict anything about cryptocurrencies market. But I think bitcoin price would again pump and would touch $50k...
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