Stop listening to FUD if you want to succeed...

shintosai

hero member

Activity: 756

Merit: 500

Quote from: gentlemand on July 19, 2017, 05:28:12 AM

If people are too dim to realise they're being played then I struggle to have any sympathy for them. It's so painfully obvious that there are larger entities out there who'll do anything to get their hands on your coins that it hurts.

truth hurts buds i think those newbies are the one's that being fooled investing to something that they didn't research well and put their entry when the
rise is happening, now that some issue got show up they easily been tricked by those big whales out there and let them lose with their holdings, studying
is a must with this investment knowing the timing and what to do when something is happening not to panic and assess properly.

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

If people are too dim to realise they're being played then I struggle to have any sympathy for them. It's so painfully obvious that there are larger entities out there who'll do anything to get their hands on your coins that it hurts.

1Referee

legendary

Activity: 2170

Merit: 1427

Quote from: RoommateAgreement on July 18, 2017, 08:44:31 AM

I agree that FUD is a part of this market but i think we can lessen the effects of it by making others aware of its existance and helping them understand things better.

Education is definitely the key, but this is a very difficult thing to achieve if we consider that the far majority of the people are only here to earn a few bucks. They don't seem to care about Bitcoin at all. In all the years that I have been in Bitcoin, and to a certain part also on this forum, I have never seen any sort of improvement in the general mentality, and people's understanding of Bitcoin. It's insane how many imbeciles are worrying about the 1st of August, yet they don't even know what is going to happen, what an activation of Segwit2x prior to that date means, etc. It's just 1st of August chain split, and that's it. Others find it funny as they make themselves happy with the thought of having a double number of coins after a split. Roll Eyes

So, that raises the question... How are we supposed to tackle this 'problem'?

RoommateAgreement

hero member

Activity: 770

Merit: 500

Bazinga!

I agree that FUD is a part of this market but i think we can lessen the effects of it by making others aware of its existance and helping them understand things better.

i personally prefer a stable market with less fluctuations rather than a wild swings up and down, even if it means less profits like the past 3 days.

the stability will help us make a lot more profit in the long term. the stability helps the real adoption in real world which means those numbers like 100K and 500K to come true. and stop being a silly unreachable targets.

1Referee

legendary

Activity: 2170

Merit: 1427

Whether we like it or not, FUD will always be part of this market. FUD is an effective way of getting people to mass sell, and thus lower the market price at the will of those behind these FUD 'attacks'. I am quite sure that before the official signalling for Segwit2x started yesterday, developers and the people connected to them have taken the time to accumulate as many coins as possible, to benefit from the increase that they later would be responsible for. Insider trading at the highest levels. But hey, we benefit from that as well, so in the end, I don't think there is much to complain about. Grin

freedomno1

legendary

Activity: 1806

Merit: 1090

Learning the troll avoidance button :)

Woo we hit peak fear now lets ride the bull-train and roller coaster for a bit until the market panics at the last minute
Presume around the end of the month then Aug 7-15 week but that's more speculation.
Popcorn's popping and ready for another batch.

iamTom123

hero member

Activity: 490

Merit: 501

No matter if Bitcoin can go high or can go low, there would always be people who are spreading FUD and I think that is just a part of the very dynamics of the Bitcoin community. We all have the right to say whatever we want to say, no matter if they are just hearsay and is not backed by any fact or in some cases they can be mixture of truth, half-lies and half-bakes.

I am glad that you follow your own strategy and then things worked out for you. Not listening to FUD is one way to make money in Bitcoin. Of course, it does not mean we should not have a good understanding of trends but beyond those trends is that potential to make some profits and you nailed it down to your own advantage.

Congratulations, man!

unknown04

full member

Activity: 219

Merit: 100

Art is the triumph over chaos

good for u my man, ure right, listen to your heart ! on one knows exactly when is the best time to buy or sell bitcoins....

RoommateAgreement

hero member

Activity: 770

Merit: 500

Bazinga!

almost all my orders below $2000 were filled in the past few days and now we are up again and rising.
sadly the last part of my comment did not come true so i didn't have to borrow mony to buy ultimate cheap coins but i am still glad i did so.

i just have 1 thing to say:
once again i closed my eyes and ears on FUD and started using my brain. and now i have made a lot of profit. i am not rubbing it in, just saying others need to do the same instead of reading bullshit comments saying price will fall to $200 and wait for that to come, or worse to panic sell.

Quote from: RoommateAgreement on July 16, 2017, 12:10:43 AM

my money is finally ready. i was waiting for it for some time in order to invest it in bitcoin and now everything seems to be working in the universe to let me buy bitcion at cheaper price so i am happy it took some time for my money to come back in my hands.

i have already bought some bitcoin yesterday and i have placed some more buy orders right below $2000, maybe i get lucky. all of these are going straight to my cold storage for the end of August when price is testing $3500 for the first time.

my plan is to borrow money if price goes lower. if something like $1500 happens i will do it without hesitation.

Topic: Stop listening to FUD if you want to succeed... (Read 570 times)