Topic: This why you shouldn't be worried - page 12. (Read 3051 times)
And that is why am not letting bitcoin go off me no matter what whether sun or rain i am not giving up . Bitcoin has proven it capabilities and am sure it going to bounce back like something and like never before.
Comforting image to relax a little bit during this crisis time, but each period of time is unique. The factors that lead to those price variations aren't the same, so I think they aren't comparable. What we see now is something inedit, like those price fluctuations were inedit on their respective times.
We should not be worried because it will definitely comeback. It will bounce back guys. It is just the same as in the year of 2016 that it is very low and suddenly when 2017 enters, the price jumps high. Just wait.
This is why you shouldn't be worried and should understand how bitcoin works
ps. sorry I don't know how to load an image
ps. sorry I don't know how to load an image
This still doesn't conclude anything that the price of yesterday would presume the price of tomorrow. Even though there is a lot of possibilities, still we shouldn't be too proud.
Great convincing with figures and perfect information and I agree with the above for some extend it is true Bitcoin price dropped but it doesn't mean that it can never recover so definitely it will reach to it's correct price and the only thing it needs is more time so traders and investors should be more patient if they are willing to gain profits from there investments
2021 and 2022 will be great years for btc. Buy it now and sell at huge profits!
no one knows for sure about the state of bitcoin prices going forward, maybe he could fall or even succeed and have a very high price. you have to believe what your heart is saying but you have to know the risk
By the way If everyone thinks so there will be no panic in their daily business in BTC or investment in crypto,some have forgotten how BTC grew Towards the new ATH is the most difficult period to predict but there must be concerns due to the very falling value well Concerns to be ready keep pushing.
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Throughout history this is what the wealthy have done:
1) Buy when nearly everyone else is selling
2) Sell when nearly everyone else is buying
The poor always do the opposite and therefore stay poor. Choice is yours and thank me for my advice.
And be patient. HODLers had already been rewarded for such approach.
There is a lack of maturity among the investor which causes the panic situation in the market and this factor is capitalized by the institutional investors and big whales. However, the situation is definitely improving since the last few years and we will see stability in the coming decades depending on the growth of the user base over the period of time. However, if the investor has his own research to back his investment decision then he has nothing to worry about it.
After the ups and downs and the many rebounds that bitcoin made, we can somehow assert that the price movements are somewhat cyclical, though the cycle isn't really established or isn't known yet. I for one don't believe that this is the end for bitcoin knowing how many developments are going through even though the price is taking a huge beating. If anything, it could be a good time to place in those buy orders and start hoping for the best, however one must understand that the market is highly volatile and it could still sink down even further.
Thanks for this I was wondering why my image would not show. Great reminder to those who are not aware of the history of bitcoin to get used that this is not new and probably not the end but the beginning of a new cycle which by judging by the history of bitcoin itself, will bring a new all time high in the future.
Believe me when I say this that most people who already sold out will want for this recovery to happen, though as always there comes a time when repetitiveness stops. So for every dip, one wonders if this is the last of its recovery.
This is why you shouldn't be worried and should understand how bitcoin works
That's what you wanted to post
It will definitely rise again. all that matters is what one's strategy is. One should know when to exit or how long to hold. Either way, we are in it for profits, Isn't it?
ps. sorry I don't know how to load an image
It's all okay, Newbies are restricted from posting images but once you rank up to Jr Member, You should be able to pst images.Quote
We can't really do anything but we do have a choice. HODL. There's no way that you should sell at this point otherwise you will just take a loss. And everyone should look at their investment for the long haul because that's what's separate a smart investor to a a dumb investor. Those dumb investors panics sell their coins and then bitch around, while smart investors stays cools and became rich overtime.
Throughout history this is what the wealthy have done:
1) Buy when nearly everyone else is selling
2) Sell when nearly everyone else is buying
The poor always do the opposite and therefore stay poor. Choice is yours and thank me for my advice.
I think we have to wait patiently only. Then we can see new ATH in 1-3 years. I hope it will be really.
When I invested in cryptocurrencies, I learned a lot about patience and speculation, I think you too. Because then, we can make money, profit. But now, the situation is getting worse as prices fall sharply and we have to wait for prices to rise again
. This is why you shouldn't be worried and should understand how bitcoin works
ps. sorry I don't know how to load an image
It is paramount to know how Bitcoin works, as, getting to know this techniques will dose off tension whenever there is dip crash in Bitcoin price or cryptocurrency in general. One thing is sure that the crashed will recover soon and the smooth runs for the next bull will occur in known time. ps. sorry I don't know how to load an image
I think we have to wait patiently only. Then we can see new ATH in 1-3 years. I hope it will be really.
The history chart showed that the price go up so quickly in this ten years, but now the market is different, the market now is full of manipulation, but there is so many potential in Bitcoin that potentially can make Bitcoin price go up, so don't too worry about the short term price, aim for the long term then you will get the profit that you want
This is why you shouldn't be worried and should understand how bitcoin works
ps. sorry I don't know how to load an image
ps. sorry I don't know how to load an image
I am not really afraid or losing hope to bitcoin at all even though bitcoin keeps going down. But I am sad and I think most of us. The image shows us major crashes then the time it takes to rise again, and yes like it just takes time to recpver. All of us didn't know when it will rise but instead of just waiting, we can do something really good to earn bitcoin and then in the future when the bitcoin is already high, we are already rich.
do you still believe to this chart? i'm getting more and more conffused each day..
This chart is not about belief it is fact. Now if you are trying to ask the question will history repeat again that no one can answer. I'm 90% confident it will but like in mathematics as long as another option is there there is also a chance of going the other way, so of course it may not happen.
but when investors and businessmen make decision about investing they look at history and facts, and do not roll a dice to get an answer. So for me based on that graph which is factual I believe it will happen again, and probably after happen it will crash badly again and raise again and who know how many times that cycle may repeat until it will stabilise at some point.
Now anything can happen but if we look at the data here presented (which is factual) and make a calculation based on that data we come up with this:
1) On each cycle Bitocin grew an average of 153%
2) Each new high took 1.8 years average.
Based on that it could mean that in about 2 years from now bitcoin will have a new high of $50,324
This is what the data tell and when investors make a decision on whether an investment is worth or not apart from the news they take the numbers and history into account. Here are the factual numbers of bitcoin.
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