If the reason for your investment is that you believe that you will be rich, then you will most likely sell your currencies at the nearest price increase or panic. Your investment must be based on a solid foundation.
Investing is a disciplined behavior based on plans, which means that hopes and optimism for quick wealth is not within that disciplined behavior.
Many sold when prices collapsed in 2013 or 2017.
Topic: Traffic will jam if bitcoin pumps - page 2. (Read 270 times)
I read the original post two times and still can’t understand exactly what he is trying to say. From the topic I think he is talking about the blockchain confirmation times due to a huge back log and he is not wrong.
When Bitcoin and especially Ethereum are pumping the fees are crazy high. Even earlier today the gas fees were like 100 Gwei for a short while. Basically makes the network unusable however you can’t complain because at least your investment is rising.
When Bitcoin and especially Ethereum are pumping the fees are crazy high. Even earlier today the gas fees were like 100 Gwei for a short while. Basically makes the network unusable however you can’t complain because at least your investment is rising.
Many people are relenting to trade or invest but assuming the pumps start now, everybody will wants to come back and make money. People can not endure test of time, everybody is taking out their bitcoin investment because they've no strong foundation for bitcoin but those staying and keep trust the project of bitcoin will reap the reward of their patients.
This what in 2011, people miss opportunity to be rich by the act of impatient and remorse of system crashed but we are strong enough come rain come shine we will still wait for good days to come. Bitcoiners for life
This what in 2011, people miss opportunity to be rich by the act of impatient and remorse of system crashed but we are strong enough come rain come shine we will still wait for good days to come. Bitcoiners for life
I think the writer was a bit confusing from your tittle but your points are good though when it comes to investment of capital people are very calculative not to incurs excess loss or regrets and at this point I don't blame anybody taking their money because how do you think this saga of bitcoin deepening price will last, guy people's capital is just reducing every second, some even invest with little amount and the capital has vanished over time.
There is nothing bad to holds if you're comfortable with that but if you're not you sell off and relax your mind from the deep until probably bitcoin has a head way again. There is nothing like foundation in cryptosystem because you're not the one that build it we only journey along, people who knows the foundations should be the pioneers of the projects, lol, they can lightly tells us our faers. But been patients or not does not guarantees the safety of your trade capital or investment.
This is pretty much just a "you should patiently hold bitcoin" that's just stretched out to make it look like a thread that's been actually worked on lmao. We already have like 346346434 variations of this topic.
Does the title match your posts?
I am not sure. Maybe due to the language barrier.
Who said Bitcoin doesn't have a strong foundation? Already millions of people use bitcoin and hold it. Day by day, people are learning more about bitcoin. Whoever knows in-depth details about bitcoin and its features. They are still using it, and it's spreading over the world. Nobody knows when the pumps will start. Everyone just predicts and we do the same as well.
This is what i do want to ask too on which i dont see the connection of the topic title on the content of the post which it is really that too contradicting.I am not sure. Maybe due to the language barrier.
Who said Bitcoin doesn't have a strong foundation? Already millions of people use bitcoin and hold it. Day by day, people are learning more about bitcoin. Whoever knows in-depth details about bitcoin and its features. They are still using it, and it's spreading over the world. Nobody knows when the pumps will start. Everyone just predicts and we do the same as well.
Going back about being the main coin been supported by the community then it would be no surprise since it had been tested out by lots of challenges and other issues that had been thrown to it
but still it do stood strong.
For those who had missed out the train then its still not that late for us to get in but of course earning opportunity and chances is really entirely different compared
to those who had able to get in early.
it's a little contradictory, but according to the OP about bitcoin foundation, he said that a beginner can't stay strong holding bitcoin because they don't understand what bitcoin's foundation really is, so they have no reason to continue to hold bitcoin. but for those who believe and know about the bitcoin foundation, will continue to hold bitcoin until the price they want is reached.
The bitcoin user community has spread all over the world and has become a large community.
For those who are behind or know about bitcoin, now there are still many opportunities that can be obtained. The price of bitcoin is also still in the $20k area and it is still very much worth it to enter. entering early means entering as soon as possible, due to rapid price fluctuations so determine where you will enter.
Bitcoin is for long-term investment, so don't panic about the decline, it only provides an opportunity for us to continue to add bitcoin assets.
Many people are relenting to trade or invest but assuming the pumps start now, everybody will wants to come back and make money. People can not endure test of time, everybody is taking out their bitcoin investment because they've no strong foundation for bitcoin but those staying and keep trust the project of bitcoin will reap the reward of their patients.
This what in 2011, people miss opportunity to be rich by the act of impatient and remorse of system crashed but we are strong enough come rain come shine we will still wait for good days to come. Bitcoiners for life
This what in 2011, people miss opportunity to be rich by the act of impatient and remorse of system crashed but we are strong enough come rain come shine we will still wait for good days to come. Bitcoiners for life
There is no missed opportunity since no one even knows what will be the future of Bitcoin though.
Regardless of everything it's good that past experiences should teach us what to do next.
Since we already witness what bitcoin is capable of, then just accumulate as much as we can if possible.
Does the title match your posts?
I am not sure. Maybe due to the language barrier.
Who said Bitcoin doesn't have a strong foundation? Already millions of people use bitcoin and hold it. Day by day, people are learning more about bitcoin. Whoever knows in-depth details about bitcoin and its features. They are still using it, and it's spreading over the world. Nobody knows when the pumps will start. Everyone just predicts and we do the same as well.
This is what i do want to ask too on which i dont see the connection of the topic title on the content of the post which it is really that too contradicting.I am not sure. Maybe due to the language barrier.
Who said Bitcoin doesn't have a strong foundation? Already millions of people use bitcoin and hold it. Day by day, people are learning more about bitcoin. Whoever knows in-depth details about bitcoin and its features. They are still using it, and it's spreading over the world. Nobody knows when the pumps will start. Everyone just predicts and we do the same as well.
Going back about being the main coin been supported by the community then it would be no surprise since it had been tested out by lots of challenges and other issues that had been thrown to it
but still it do stood strong.
For those who had missed out the train then its still not that late for us to get in but of course earning opportunity and chances is really entirely different compared
to those who had able to get in early.
You basically described what FOMO (Fear Of Missing Out) is. It happens all the time in almost all markets, Shitcoins, Stocks, Commodities... you name it. What some people don't understand is only a few will rip big from anything involving gaining a lot of money. Be it trading, mining or any other form of business. This is a bitter fact that is hard to swallow.
What you should try to focus is on the part where masses haven't yet come in because as soon as there is a gold rush by the masses (FOMO) it will no longer be that profitable.
What you should try to focus is on the part where masses haven't yet come in because as soon as there is a gold rush by the masses (FOMO) it will no longer be that profitable.
Many people are relenting to trade or invest but assuming the pumps start now, everybody will wants to come back and make money. People can not endure test of time, everybody is taking out their bitcoin investment because they've no strong foundation for bitcoin but those staying and keep trust the project of bitcoin will reap the reward of their patients.
This what in 2011, people miss opportunity to be rich by the act of impatient and remorse of system crashed but we are strong enough come rain come shine we will still wait for good days to come. Bitcoiners for life
This what in 2011, people miss opportunity to be rich by the act of impatient and remorse of system crashed but we are strong enough come rain come shine we will still wait for good days to come. Bitcoiners for life
That is Bitcoin's next big thing in line. I mean what would you expect when bitcoin goes up? A race where newbies are having FOMO investments while legends who already had bought bitcoin at the discounted prices will be either hodling or pressing sell button as fast as they could. That's what happens when bitcoin is pumping and people reacting to it.
For example, in any type of trading (like commodity based, shares, stocks or crypto for that matter), there are always few type of fixed groups
1. There are FOMO investors
2. Group that is buying constantly for DCA methodology
3. People who are long term institutional investor believer. They will just keep buying irreseptiov of prices
4. Group that would be selling to book profits.
....and that is why there analogy of above cycles.
Does the title match your posts?
I am not sure. Maybe due to the language barrier.
Who said Bitcoin doesn't have a strong foundation? Already millions of people use bitcoin and hold it. Day by day, people are learning more about bitcoin. Whoever knows in-depth details about bitcoin and its features. They are still using it, and it's spreading over the world. Nobody knows when the pumps will start. Everyone just predicts and we do the same as well.
I am not sure. Maybe due to the language barrier.
Who said Bitcoin doesn't have a strong foundation? Already millions of people use bitcoin and hold it. Day by day, people are learning more about bitcoin. Whoever knows in-depth details about bitcoin and its features. They are still using it, and it's spreading over the world. Nobody knows when the pumps will start. Everyone just predicts and we do the same as well.
OP is referring to sudden spike in activities that I have mentioned above. More than that they might be thinking about increased transaction / network congetion that happened during the 2017-18 Bitcoin pump. At that time bitcoin confirmation were taking longer than usual. With low fees it was weeks and even month in some cases. That kinda "traffic jam" they might be thinking here.
I'll be honest, I didn't understand what you wrote and the title doesn't match the text (or what it looks like) however whoever withdraws from Bitcoin after experimenting means they weren't ready or didn't understand anything about the protocol.
Many people are relenting to trade or invest but assuming the pumps start now, everybody will wants to come back and make money. People can not endure test of time, everybody is taking out their bitcoin investment because they've no strong foundation for bitcoin but those staying and keep trust the project of bitcoin will reap the reward of their patients.
This what in 2011, people miss opportunity to be rich by the act of impatient and remorse of system crashed but we are strong enough come rain come shine we will still wait for good days to come. Bitcoiners for life
Got really confused by your title. In any case I think, and correct me if I am wrong with this, you're talking about people who are too hasty when it comes to taking out their investments. To which I will say, it's their money, they can do whatever the hell they want with it. Yes, they lost on a a huge percentage of profits they could've gotten if they just held their coins but for me, profit is profit. Everyone has their own threshold of how much they can lose, not everyone can afford having all their investments zeroed out, so to persecute these people out of the fact that they are "weak hands" are just weird to me. Again it's their money, their rules. This what in 2011, people miss opportunity to be rich by the act of impatient and remorse of system crashed but we are strong enough come rain come shine we will still wait for good days to come. Bitcoiners for life
Does the title match your posts?
I am not sure. Maybe due to the language barrier.
Who said Bitcoin doesn't have a strong foundation? Already millions of people use bitcoin and hold it. Day by day, people are learning more about bitcoin. Whoever knows in-depth details about bitcoin and its features. They are still using it, and it's spreading over the world. Nobody knows when the pumps will start. Everyone just predicts and we do the same as well.
I am not sure. Maybe due to the language barrier.
Who said Bitcoin doesn't have a strong foundation? Already millions of people use bitcoin and hold it. Day by day, people are learning more about bitcoin. Whoever knows in-depth details about bitcoin and its features. They are still using it, and it's spreading over the world. Nobody knows when the pumps will start. Everyone just predicts and we do the same as well.
Many people are relenting to trade or invest but assuming the pumps start now, everybody will wants to come back and make money. People can not endure test of time, everybody is taking out their bitcoin investment because they've no strong foundation for bitcoin but those staying and keep trust the project of bitcoin will reap the reward of their patients.
This what in 2011, people miss opportunity to be rich by the act of impatient and remorse of system crashed but we are strong enough come rain come shine we will still wait for good days to come. Bitcoiners for life
This what in 2011, people miss opportunity to be rich by the act of impatient and remorse of system crashed but we are strong enough come rain come shine we will still wait for good days to come. Bitcoiners for life
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