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Topic: Stressful crypto market - page 7. (Read 1147 times)

sr. member
Activity: 2380
Merit: 366
September 04, 2022, 09:02:30 PM
#8
The crypto market is indeed stressful that's why you better shift to the Bitcoin market. The Bitcoin market is only stressful if you are looking at the short-term to medium-term price fluctuations. If you zoom it out, it isn't really stressful.

If you also easily get carried away by the bear season, you might get stressed. So you should be fully aware that any market goes through the usual bear and bull cycles. The bull is for taking profit and the bear for accumulation or stacking more.

If you are playing with Bitcoin's volatility, it's also a bit stressful so hodling is generally the better option. And don't worry, there's no deadline here. Just be patient. The market is not for those who are in a hurry.
hero member
Activity: 2338
Merit: 737
September 04, 2022, 08:50:05 PM
#7
Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
Those who have reasoned by not buying Bitcoin in the past will also make another excuse at this time by saying Bitcoin still has the potential to decline so such a person will never buy Bitcoin ever. So there is no need to see and hear the reasons for such people as long as you yourself still have a strong stance to choose Bitcoin in the current condition. Do every job based on what you have researched and also make sure everything you do is based on the desires of your own heart, not from the minds of others.
hero member
Activity: 2702
Merit: 672
I don't request loans~
September 04, 2022, 07:07:46 PM
#6
People can freely buy Bitcoin though? I think the limit would be based on the platform you use, but people can buy Bitcoin, you don't need to buy exactly 1. Honestly what you see as a "small amount" is only because of the high price that Bitcoin has right now, but technically the percentage of profit you get would be the same as any other investor (though the amount wouldn't be since well, the amount invested is directly different). And additionally, dips are opportunities imo, especially for new investors.
sr. member
Activity: 2828
Merit: 344
win lambo...
September 04, 2022, 06:48:25 PM
#5
Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
It was really stressful if you will check the chart every day. Tried to skip sometimes and make a habit to think positive despite the downsides that might give you an easy life. You have to be aware of the dump and pump scenario as this is what the market it looks like. Because the more you've got affected by the price changes, the more it gives you stress. If you really trust Bitcoin and your investment, it is certain that you will never feel any worries and distractions.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
September 04, 2022, 01:13:50 AM
#4
Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
Price fluctuations are a reflection of market dynamism. It's not dependent on a single factor or person. The dip you see today in Bitcoin price shouldn't in any way scare you into staying out. You should see it as another golden opportunity to get in cheap. There isn't any deadline.

Waves has 100 million coins circulating whereas Bitcoin only has 19 million in circulation.

In cryptocurrency, you have to understand its circulation and the maximum supply.
What you tried to explain here is the Law of Demand and Supply, tilting it to a fact that the higher the supply the lower the price. However, it doesn't always work that way, especially in cryptos. There are tokens with less than 50,000 maximum supply, yet their unit prices aren't even up to $1,000.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
September 04, 2022, 01:00:02 AM
#3
Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
I believe you are trying to refer to the current bitcoin price drop. It is temporary like any other price change be it bear or bull.

Of course bitcoin is easier to buy at the lower price but this should not induce stress in a trader. If you are getting stressed, you need to stop trading for a while. This is the time to buy and getting low prices should not force you to sell - something you need to practice before trading, otherwise you will make the mistake of selling at a loss.

Also note that bitcoin has been having ups and downs since its launch. Check older charts and see for yourself. Observe the market for at least a few months before making your first trade.
sr. member
Activity: 646
Merit: 252
PNNV.COM Live bitcoin price monitor
September 04, 2022, 12:22:46 AM
#2
You have the wrong understanding fella!

Let's make this very plain and simple. Will you choose 10 pieces of Waves token over a 0.01 Bitcoin?

Let's break it down. 10 pieces of Waves token is only worth $46 whereas the 0.01 Bitcoin is worth $198.

Waves has 100 million coins circulating whereas Bitcoin only has 19 million in circulation.

In cryptocurrency, you have to understand its circulation and the maximum supply.
newbie
Activity: 20
Merit: 0
September 03, 2022, 11:45:30 PM
#1
Previously, many people could not buy BTC for the reason that it was expensive and the amount was small. Is this already on the verge of Dropping Deadline???
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