Stop the panic, I doubt we will see 14k or less Bitcoin - page 3.

virasog

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Quote from: Guessti on November 11, 2022, 12:13:16 PM

Literally articles are flooding saying the bottom isn't here etc etc.

The FTX thing sucked, but Bitcoin can only go so low with the amount of support it has and how integrated it has become with the banking system.

Stop the FUD.

EDIT: For those of you who seem not to remember what FUD stands for:

Fear. Uncertainly. Doubt.

I also agree that 14K bitcoin is not possible, even 10K is, even more, seems out of question but then crypto markets move more on fund and hype. Any bad event like ftx can throw the bitcoin price to 10-12K levels. These days we are hearing news of allegations on Binance and investigations being carried out on them. Let's hope we do not get any unexpected news and market remains over 16K.

Quote from: Punakawan on December 21, 2022, 08:46:40 AM

Many people just think profit without ever thinking of loss, especially many people show off profits on social media because investment bitcoin or altcoins so that it makes him interested in investment, of course this will make many people think of investment immediately even though they have to sell anything, and when the price drops then he panicked.

If you know about the finical markets and more importantly crypto market, then you should know that you should invest in this market with long-term investments. This will make you not get panic about small or large dumps as your vision is for long term duration.

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Many people just think profit without ever thinking of loss, especially many people show off profits on social media because investment bitcoin or altcoins so that it makes him interested in investment, of course this will make many people think of investment immediately even though they have to sell anything, and when the price drops then he panicked.

$crypto$

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Quote from: slaman29 on December 21, 2022, 03:30:18 AM

Quote from: Oilacris on December 20, 2022, 06:06:29 PM

Not that much,even 1 year or 6 months here on crypto space would really be that sufficient or enough time for you to realize on whats the market behavior in regards into its moving prices.
Speaking about $14k in price then it isnt really just that far off.

Most dudes on the forum have been here for years, even if their accounts are new. And for sure everyone lived through the last ATH and now experiencing this huge bear market, all in one year, and they still think the markets "cannot go below" whatever price it is they just think out of thin air.

Even if we get to 10k, why the need to tell people not to panic if you believe in Bitcoin? Let them panic Grin

Surely they experienced the last ATH before but at the moment bearish is not a scary thing if it happens the price is below $ 14,000 for me they think too complicated to remind them don't panic in essence if they still believe in bitcoin it means they must believe in the next ATH What's more, for sure, let the market move by itself, one day the bearish will definitely go away too.

Let them panic as long as we stay calm, more opportunities must be obtained and eliminate panic from now on.

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Quote from: Oilacris on December 20, 2022, 06:06:29 PM

Not that much,even 1 year or 6 months here on crypto space would really be that sufficient or enough time for you to realize on whats the market behavior in regards into its moving prices.
Speaking about $14k in price then it isnt really just that far off.

Most dudes on the forum have been here for years, even if their accounts are new. And for sure everyone lived through the last ATH and now experiencing this huge bear market, all in one year, and they still think the markets "cannot go below" whatever price it is they just think out of thin air.

Even if we get to 10k, why the need to tell people not to panic if you believe in Bitcoin? Let them panic Grin

rodskee

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Quote from: fzkto on December 09, 2022, 05:10:45 AM

Quote from: rodskee on December 09, 2022, 04:31:43 AM

Quote from: Sir Legend on December 07, 2022, 08:18:05 AM

Panic is a bad attitude that can happen to anyone, especially investors who initially thought they would make a profit and turned out to be facing different conditions so they would panic, but before we invest, we must understand that bad things can happen, so we must be prepared from the begin.

if you are expecting too soon in profiting then surely you will panic once the market turns upside down. we are here not to assume anything but to trust the currency we are investing mate.

look at how losers cry once their coin dumped? this is also similar to those who panicked when their investment shows different from what they expected.
just buy coins that you can keep hold long term if the market goes sideways .

Not everyone can follow your advice, especially if the purchase was made six months or a year ago, at prices 5-10 times higher than now. If few people trust cryptocurrency now and no one wants to invest for fear of losing money, then looking at a declining deposit makes it mentally difficult to wait. Moreover, there is no telling how long the decline will last.

actually I am not pointing to everyone but this is in General mate , because if you are a true Investors or what we can call Hodler? then this will never be an issue lol.
the only problem here is if the person was only looking for short term then Bitcoin is not the currency for them , remember that this is the safest coin but this is also the slow moving currency unless bear market.

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Quote from: carlisle1 on December 19, 2022, 07:01:59 AM

Quote from: Punakawan on December 19, 2022, 05:34:58 AM

It's strange if we have known bitcoin for at least 2 years but still panic when the price drops, if we are smart then this opportunity is a good thing to keep buying, even if the price drops below $10k then I suggest to continue buying, don't do it ridiculous that is selling at a low price and loss.

You need to mentally and financially prepared when investing your money with Bitcoin, the more you can buy and hold the
better chance to gain more when bull start to pump back.

There are many factors that affects this market, you must be willing to take time in investigating and observing how the 'market
will behave either long- or short-time frame.

From that point, even the price dump hard, you can decide what will be better for your investment.

Lacking of knowledge about possible scenarios is one of the main reason why they lose on their trades this is why newbies should invest on knowledge before taking hard decisions on their investment. If they can learn from those past events happen in bitcoin history for sure they will be more better because we are much careful about the news we heard then also we can take an action base on what the fud release in the market.

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Quote from: Punakawan on December 19, 2022, 05:34:58 AM

It's strange if we have known bitcoin for at least 2 years but still panic when the price drops, if we are smart then this opportunity is a good thing to keep buying, even if the price drops below $10k then I suggest to continue buying, don't do it ridiculous that is selling at a low price and loss.

Not that much,even 1 year or 6 months here on crypto space would really be that sufficient or enough time for you to realize on whats the market behavior in regards into its moving prices.
Speaking about $14k in price then it isnt really just that far off.

we could see much lesser before this year ends? No one really knows or it would be able on next year which it is really remaining to be speculative and this is
where people should really be that be aware about unpredictability because this is how it do behaves.

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Quote from: yudi09 on December 17, 2022, 11:55:03 PM

You are right. There is nothing to blame for this case because in essence they will look for people like us who continue to be convinced in Bitcoin as the best investment in the future as the world's progress and development.

I think those who have underestimated Bitcoin and have also said they don't like Bitcoin investments will not look for old people they have ridiculed in the past, unless they have no shame in themselves. And even if they still want to invest in Bitcoin and the like, they will definitely ask other people or at least on the Google search engine.

Quote

And where are they now? Those in the case you convey.

Now I don't know where they are or what they are doing. Because I always distance myself from people who think negatively about Bitcoin, even though they themselves don't really understand and don't really know how Bitcoin works and how it works. So for now I just choose to stay in an environment of people who have positive thoughts about Bitcoin so there isn't much advice and recommendations that need to be given to them because basically they know what is best for themselves.

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Quote from: yudi09 on December 19, 2022, 03:57:37 AM

There are many other histories that have been experienced by many users of this valuable asset. For us, what Bitcoin has gone through is not a joke, but it is the most valuable history and deserves to be celebrated.
There is something else we need to remember that none of the predictions about Bitcoin have been correct, so many communities are still holding on to the belief that Bitcoin will continue to run amid the uncertainty of other cryptos born in this space.

The long history that has been traversed by bitcoin stuck a great trust in the community, that maintaining the value of assets and being able to defend itself in the midst of inflation is something perfect for bitcoin, almost many investment models that are destroyed during inflation and even tend to be unable to survive.

While Bitcoin has provided strong evidence to anyone, until it is worthy of being chosen and used as a long -term investment. Bitcoin has certainty compared to other crypto, that is a strong reason we still believe and continue to collect bitcoin.

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Quote from: Punakawan on December 19, 2022, 05:34:58 AM

It's strange if we have known bitcoin for at least 2 years but still panic when the price drops, if we are smart then this opportunity is a good thing to keep buying, even if the price drops below $10k then I suggest to continue buying, don't do it ridiculous that is selling at a low price and loss.

You need to mentally and financially prepared when investing your money with Bitcoin, the more you can buy and hold the
better chance to gain more when bull start to pump back.

There are many factors that affects this market, you must be willing to take time in investigating and observing how the 'market
will behave either long- or short-time frame.

From that point, even the price dump hard, you can decide what will be better for your investment.

Punakawan

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It's strange if we have known bitcoin for at least 2 years but still panic when the price drops, if we are smart then this opportunity is a good thing to keep buying, even if the price drops below $10k then I suggest to continue buying, don't do it ridiculous that is selling at a low price and loss.

yudi09

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Quote from: Fara Chan on December 18, 2022, 05:15:05 AM

Quote from: yudi09 on December 17, 2022, 11:55:03 PM

Bitcoin has crossed all processes ranging from not having prices to reaching the highest price and now Bitcoin is known as the most valuable asset. And where are they now? Those in the case you convey.

We still want to reminisce with the usual joke, where the price of one bitcoin is not much cheaper than the price of a pizza, so let's imagine the current price of bitcoin which leaves such a long history since its launch. But rest assured, bitcoin has shown resistance to travel, thus making it a promising investment commodity, able to maintain investment value and place the only asset that is quite promising at this time.

Even today we have celebrated forum birthdays several times using Pizza.
Pretty entertaining isn't it!!!

There are many other histories that have been experienced by many users of this valuable asset. For us, what Bitcoin has gone through is not a joke, but it is the most valuable history and deserves to be celebrated.
There is something else we need to remember that none of the predictions about Bitcoin have been correct, so many communities are still holding on to the belief that Bitcoin will continue to run amid the uncertainty of other cryptos born in this space.

Fara Chan

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Quote from: fzkto on December 18, 2022, 12:02:13 PM

Indeed, in its not very long history, bitcoin has proved to be a solid investment, but that can only be said for early investors. For those people who bought into a hype because of fomo are losing trust in cryptocurrencies. And there are more such investors than those who make reasonable purchases. I don't know what will happen with cryptocurrencies in five or ten years, but I notice that interest in it is decreasing.

Buying knowledge in bitcoin must set standards, investment timeframes and see ongoing market conditions, so that they have targets that are as expected. Especially now that only bitcoin can maintain investment value, the mention of cryptocurrency is still quite common in my opinion and has the potential to have other coin meanings, especially if it makes it a long-term investment standard for the next five or ten years. The potential of bitcoin is far more promising than cryptocurrencies in general.

This means that we must set standards in investing. Does the mention of cryotocurrency have the representation of bitcoin in it, because we often mention bitcoin directly than cryptocurreny in general.

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Quote from: Fara Chan on December 18, 2022, 05:15:05 AM

Quote from: yudi09 on December 17, 2022, 11:55:03 PM

Bitcoin has crossed all processes ranging from not having prices to reaching the highest price and now Bitcoin is known as the most valuable asset. And where are they now? Those in the case you convey.

We still want to reminisce with the usual joke, where the price of one bitcoin is not much cheaper than the price of a pizza, so let's imagine the current price of bitcoin which leaves such a long history since its launch. But rest assured, bitcoin has shown resistance to travel, thus making it a promising investment commodity, able to maintain investment value and place the only asset that is quite promising at this time.

Even today we have celebrated forum birthdays several times using Pizza.
Pretty entertaining isn't it!!!

Indeed, in its not very long history, bitcoin has proved to be a solid investment, but that can only be said for early investors. For those people who bought into a hype because of fomo are losing trust in cryptocurrencies. And there are more such investors than those who make reasonable purchases. I don't know what will happen with cryptocurrencies in five or ten years, but I notice that interest in it is decreasing.

Fara Chan

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Quote from: yudi09 on December 17, 2022, 11:55:03 PM

Bitcoin has crossed all processes ranging from not having prices to reaching the highest price and now Bitcoin is known as the most valuable asset. And where are they now? Those in the case you convey.

We still want to reminisce with the usual joke, where the price of one bitcoin is not much cheaper than the price of a pizza, so let's imagine the current price of bitcoin which leaves such a long history since its launch. But rest assured, bitcoin has shown resistance to travel, thus making it a promising investment commodity, able to maintain investment value and place the only asset that is quite promising at this time.

Even today we have celebrated forum birthdays several times using Pizza.
Pretty entertaining isn't it!!!

yudi09

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Quote from: wmaurik on December 17, 2022, 04:00:37 PM

Quote from: yudi09 on December 15, 2022, 11:01:58 PM

It is not wrong for us to do ^(recommend) to others a good investment choice in the crypto space based on our experience and knowledge on Bitcoin. We need other actions that need to be taken if we recommend the person, such as describing the risks that will be obtained to avoid mistakes that will be directed at us if they fail, unless the person comes and asks us what type of investment is good. If later in their journey they fail to achieve what they want, then we don't deserve to be blamed.
I think so buddy.

I have to chuckle inside my heart at this. Wink

Who is to blame you in this case? If you pay attention to the essence of what I said, it may also be almost similar to what you mean. And I say this because I have experienced abuse from those who are not at all grateful after getting some pointers for investing in the crypto space.

I have never prohibit anyone who wants to teach crypto investing to many people (including you), but don't ever regret it when your time is not appreciated and they instead blame you when they experience a loss in their investment. Even though you yourself have taught them sincerely and have used your precious time for free for them. _{Sorry, didn't mean to vent here, which is basically unnecessary.}

You are right. There is nothing to blame for this case because in essence they will look for people like us who continue to be convinced in Bitcoin as the best investment in the future as the world's progress and development.

Those who harass our activities because they do not understand about bitcoin and other potential crypto assets. We can say they are only trapped by the pleasure of trading for a moment but in the end they are fooled when everything they do cannot be responsible.

Bitcoin has crossed all processes ranging from not having prices to reaching the highest price and now Bitcoin is known as the most valuable asset. And where are they now? Those in the case you convey.

wmaurik

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Quote from: yudi09 on December 15, 2022, 11:01:58 PM

It is not wrong for us to do ^(recommend) to others a good investment choice in the crypto space based on our experience and knowledge on Bitcoin. We need other actions that need to be taken if we recommend the person, such as describing the risks that will be obtained to avoid mistakes that will be directed at us if they fail, unless the person comes and asks us what type of investment is good. If later in their journey they fail to achieve what they want, then we don't deserve to be blamed.
I think so buddy.

I have to chuckle inside my heart at this. Wink

Who is to blame you in this case? If you pay attention to the essence of what I said, it may also be almost similar to what you mean. And I say this because I have experienced abuse from those who are not at all grateful after getting some pointers for investing in the crypto space.

I have never prohibit anyone who wants to teach crypto investing to many people (including you), but don't ever regret it when your time is not appreciated and they instead blame you when they experience a loss in their investment. Even though you yourself have taught them sincerely and have used your precious time for free for them. _{Sorry, didn't mean to vent here, which is basically unnecessary.}

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Quote from: Jody.Drummer on December 16, 2022, 12:57:27 PM

Quote from: yudi09 on December 15, 2022, 06:13:38 AM

Long-term patterns must also have the desired target. But the benefits of choosing long-term investments in my opinion apart from avoiding high levels of panic like most traders, can also be an alternative to maintaining hedges even though the journey will not be free from risk. At least the risks are much smaller than the short term.

We must not convince people that investing here can bring the desired profit because the nature of the market is very volatile.

Of course, the short term and long term must be carried out with targets that we set from the start. It is something that should not be forgotten to suppress the natural greed that resides within us. By setting the target from the start, we will know what to do when the price reaches the target.

I am more focused like that where all types of investments must have targets and of the two types of investment patterns, the long term is more comfortable for me to do.

Quote from: ShowOff on December 16, 2022, 01:41:03 PM

It is not obligatory for you to ask someone who knows nothing about investing to invest without basic knowledge. Crypto investment is always a high risk for anyone involved, including bitcoin. But of course you can spread awareness that bitcoin investment is one they can consider rather than just physical assets like gold, property or land.

That's something I always avoid, buddy. We don't want to be responsible for people's losses when those people carry out investment activities because of us. However, if we have explained in detail regarding opportunities and risks, then that will be different and we will not be blamed, especially since the market price is in a declining pattern.

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Quote from: Guessti on November 11, 2022, 12:13:16 PM

Literally articles are flooding saying the bottom isn't here etc etc.

No matter how much they try, the propaganda that the media is using to undermine cryptocurrency in all of the news is ineffective. Before the media or anybody else could demonize Bitcoin, it had come a long way.

Quote from: Guessti on November 11, 2022, 12:13:16 PM

The FTX thing sucked, but Bitcoin can only go so low with the amount of support it has and how integrated it has become with the banking system.

I'm genuinely concerned about the level of shock that what happened on the FXT exchange would cause to those who were impacted. Many investors are still sticking with bitcoin in the face of everything that is occurring in the cryptocurrency world. In expectation of a better day, they continue purchasing low in preparation for the bull run season

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Quote from: freedomgo on December 16, 2022, 02:01:53 PM

Indeed, right now we're at 17k line and it's still not stable as the end of 2022 approaches. Needless to say, we might see a much lower price in the next couple months and I think it's best to think that way rather than expecting a price that is unlikely to come in the 1st and 2nd quarter next year as we're still in for some surprises before the bullish season will commence.

Crypto price expected to be lower if the support area doesn't hold 17k but hope we will see 20k till the end of the year but very hard to reach if the price corrects from $18k to $16k in one day, I am optimistic for price recovery in the second quarter of next year because kirpto market needs trust from investors and big news to support crypto price recovery.

Topic: Stop the panic, I doubt we will see 14k or less Bitcoin - page 3. (Read 2891 times)