Definitely a panic seller. I have been in crypto world for over 7 years now, I have never been a panic seller, never really sold anything at any moment because I was scared or anything, never been part of a reason why bitcoin dropped.
However this time is different, I sold right now from "panic" but that panic wasn't related to bitcoin, it wasn't because "what if it drops further", I literally didn't cared about the price at all, I would have sold if the price was 100 dollars or 100k dollars, I would have sold all the same because I needed the money, this virus made sure that I am stuck at home and can't go outside and that means I need to spend money constantly to restock my shelves and always be ready for the worse for a day when I may not be able to go out.
Topic: Types of People on this Corona Virus crisis which group you belong? (Read 520 times)
April 02, 2020, 08:50:54 AM
Quite close to being a panic seller once, buddy. But something strikes my head quickly that I realized to behave in times like this in think clear if it will be benefiting me - my reckless actions. I may say, I am 2 and 3, up until now I am holding my assets tight it looks easy for me since I don't really have anything to spend with. It was the profit that I could get, is what I am still thinking now. For number 3 well, I invest quite a little back when market is at $4k, and I am still thinking if it would be best to invest now as well, still thinking about it.
April 02, 2020, 08:40:25 AM
while sometimes i felt like i am just late to sell High ?but in the end all i can do is buy Low so yeah maybe i can consider myself like you.
i can afford just sitting and not looking for the market prices specially when this kind of dumps happening .
maybe Hodlers are just like this ?
i can afford just sitting and not looking for the market prices specially when this kind of dumps happening .
maybe Hodlers are just like this ?
I made a point of making a note of when I would've considered selling to buy back.
Every single time it would've been a total disaster. I took that as a sign to stay put and do nothing until the price comes to me rather myself seeking it out and failing.
i can feel you there,thats why i am always keeping myself ready in any circumstances and product of my actions. Holding can suck. It's boring. However it gives you a much higher chance of getting you there in the end which much less scope for making a balls up.
Yups and it is better waiting even longer than looking for nothing at all,and it is a game of who can afford to take a long ride than those boring type of people. April 02, 2020, 07:14:20 AM
Seem like I belong to be a brave holder when this situation come and also to meet this situation I will be brave holder as well. I am not aware to be a trader because I will find many risk and I can't solve the problem because in an analytical manner I am not a trader. I will be traded if I found an information that I think that will really help bitcoin/altcoin price are going up and I will sell them when I got profit.
April 02, 2020, 04:31:35 AM
I’m just holding my bitcoin and buy when I see a good opportunity. There a lot of emotions in the market right now, not just here but also in stock market, people are panicking and don’t know what to do after the announce of global recession by the IMF. Well, I’d rather wait for the best price again than to sell and make no money.
April 02, 2020, 04:24:03 AM
i don't think i can be categorized in any of the groups you mentioned. for example the closest would be the holder group but i do not believe in the potential of cryptocurrencies, i only believe in potential of bitcoin that is why the only thing i own is bitcoin and i have only traded altcoins during their pump and dumps and never held any any longer than i should.
besides i don't just "hodl", i have been making an investment and at the same time i have been spending bitcoin, earning bitcoin as much as i can because i still see it as a currency first and an investment second.
besides i don't just "hodl", i have been making an investment and at the same time i have been spending bitcoin, earning bitcoin as much as i can because i still see it as a currency first and an investment second.
I see. So your in on Satoshi Followers based on the list. People who are using, spending, and make utilized of bitcoin cryptocurrency. You mentioned you viewed it as currency right, maybe your in Country where bitcoin is heavily used and accepted as you can solely described it as currency already. Investment wise, bitcoin is the only good for such term. Anyway, I think I am needed to add more categories where people should be in.
actually i haven't found that many places where bitcoin is accepted as payment, in fact to this day i have only found a handful of them in my country. but that still doesn't change my mind though. bitcoin being a currency is more of a principle to me. it doesn't matter if there isn't that many places accepting it as long as the number is growing (increasing adoption) which is true these days as i keep seeing more people getting in.
April 01, 2020, 07:05:50 PM
Wow, i am proud to say that I am;
- Brave Holders
- Trading Warriors
I woke up one day that my hold bitcoin were very down and yet I am still holding. That makes me think I am bravr enough to become a long term holder. Saw worst downfall before so I'm not even gonna panicking.
These situation wherein most of us were sent home and continue our job at home, is also the time for us to trade. Thus makes us a Trading Warrior. Working at home while trading with optimistic mind. Well, a win win situation.
March 28, 2020, 06:35:07 PM
I might go with the brave hodlers since it is what I always did even if the market is in very bottom. Bitcoin is more valuable than dumping it with a few dollars just because it's dropping. An investment should profit in the long run not losing it just like some other people who always chase their losses when they started to realize that their choices is not right.
March 27, 2020, 11:30:53 AM
while sometimes i felt like i am just late to sell High ?but in the end all i can do is buy Low so yeah maybe i can consider myself like you.
i can afford just sitting and not looking for the market prices specially when this kind of dumps happening .
maybe Hodlers are just like this ?
i can afford just sitting and not looking for the market prices specially when this kind of dumps happening .
maybe Hodlers are just like this ?
I made a point of making a note of when I would've considered selling to buy back. Every single time it would've been a total disaster. I took that as a sign to stay put and do nothing until the price comes to me rather myself seeking it out and failing.
This forum is littered with casualties who believed they could time things and then were never heard from again. Holding can suck. It's boring. However it gives you a much higher chance of getting you there in the end which much less scope for making a balls up.
March 26, 2020, 11:29:37 PM
Stupid Hodler: I am to dumb to see the top. I am to slow (mentally) to grab the knife at the bottom. I don't even try. I just ride it out.
When I first saw the famous HODL post (before anyone even responded to it), I thought to myself "how pathetic".
As the years have gone by, I have came to the realization that I am in that group.
How pathetic.
I don't care anymore.
Up ... down ... up .... down ... I sit on a dozen bitcoins.
while sometimes i felt like i am just late to sell High ?but in the end all i can do is buy Low so yeah maybe i can consider myself like you.When I first saw the famous HODL post (before anyone even responded to it), I thought to myself "how pathetic".
As the years have gone by, I have came to the realization that I am in that group.
How pathetic.
I don't care anymore.
Up ... down ... up .... down ... I sit on a dozen bitcoins.
i can afford just sitting and not looking for the market prices specially when this kind of dumps happening .
maybe Hodlers are just like this ?
March 26, 2020, 07:04:34 PM
Trading warrior/ Bottom seeker.
I already anticipated that there would be panic sell possibly on this pandemic situation but i cant deny that i have experienced some panic when the price continuously dumped down to 4k
but instead on panic selling of my holdings i do risk on cashing in more to buy those cheap coins and it did paid off for weeks time since we know the price had recovered and staying up current on 6k or mostly
even hitting 7k.
In a short time i do make some profit and this is just a matter of risk taking.
I already anticipated that there would be panic sell possibly on this pandemic situation but i cant deny that i have experienced some panic when the price continuously dumped down to 4k
but instead on panic selling of my holdings i do risk on cashing in more to buy those cheap coins and it did paid off for weeks time since we know the price had recovered and staying up current on 6k or mostly
even hitting 7k.
In a short time i do make some profit and this is just a matter of risk taking.
wow its nice to hear that you insist to take the risk and follow what your heart says , now your enjoying the benfit althought its not really big because the increase was only small but that is still a profit . small profit looks verry big to you when you know that it was not easy and you gone thru hard times or hard decision before you got it . never experienced to be a bottom seeker but i can call myself as a warior because im still fighting for my hard life , i know lifes not easy but i think im one of those who experience hardships most of the times .
March 26, 2020, 05:19:37 PM
Trading warrior/ Bottom seeker.
I already anticipated that there would be panic sell possibly on this pandemic situation but i cant deny that i have experienced some panic when the price continuously dumped down to 4k
but instead on panic selling of my holdings i do risk on cashing in more to buy those cheap coins and it did paid off for weeks time since we know the price had recovered and staying up current on 6k or mostly
even hitting 7k.
In a short time i do make some profit and this is just a matter of risk taking.
I already anticipated that there would be panic sell possibly on this pandemic situation but i cant deny that i have experienced some panic when the price continuously dumped down to 4k
but instead on panic selling of my holdings i do risk on cashing in more to buy those cheap coins and it did paid off for weeks time since we know the price had recovered and staying up current on 6k or mostly
even hitting 7k.
In a short time i do make some profit and this is just a matter of risk taking.
March 26, 2020, 02:31:25 PM
I still believe in cryptocurrencies, I believe in their value, and I expect that they will emerge from the current crisis with victory, and I still hold bitcoin waiting to prove its strength and achieve the profit that I dream about.
March 26, 2020, 12:58:59 PM
I'm the hodler. I'm only trading altcoins but with Bitcoin it's only the hodl strategy for me.
I don't care much about alts and play around with them. Sometimes I gain some sometimes I lose some but it's entertainment just like gambling. With Bitcoin it's different because this thing has already paid all my bills. I got some coins in 2016 and spent less than a few hundred for what now is worth 6 thousand.
You don't throw away an investment that keeps on giving.
I don't care much about alts and play around with them. Sometimes I gain some sometimes I lose some but it's entertainment just like gambling. With Bitcoin it's different because this thing has already paid all my bills. I got some coins in 2016 and spent less than a few hundred for what now is worth 6 thousand.
You don't throw away an investment that keeps on giving.
March 26, 2020, 11:54:57 AM
Bottom seeker, no doubt.
I had my time as a "brave holder". Today I'm more inclined to use reason than just light a candle and pray like they do.
I did agree with Tone Vays that $3.8k have 90% chance of being the bottom. However, he didn't factored into his speculation what is happening behind the global hysteria. So, the other 10% chance is much more likely to happen, and for this reason I'm not buying anything. Any other virus released will result in another crash.
One thing that might make bitcoin go up is if the US government outlaw the buyback in their stock exchanges. Without a buyback function available, those investors might run to bitcoin, which not only allow for buybacks freely, but also dont have circuit breakers. However, this is a two-edged blade, and bitcoin will go down much faster than up. If it goes up, though, I'm going to sell the 2019 DCA coins. DCA proved to be a stupid strategy, which leads to losses in a medium term (3 to 5 years). It only works in a bull market.
I had my time as a "brave holder". Today I'm more inclined to use reason than just light a candle and pray like they do.
I did agree with Tone Vays that $3.8k have 90% chance of being the bottom. However, he didn't factored into his speculation what is happening behind the global hysteria. So, the other 10% chance is much more likely to happen, and for this reason I'm not buying anything. Any other virus released will result in another crash.
One thing that might make bitcoin go up is if the US government outlaw the buyback in their stock exchanges. Without a buyback function available, those investors might run to bitcoin, which not only allow for buybacks freely, but also dont have circuit breakers. However, this is a two-edged blade, and bitcoin will go down much faster than up. If it goes up, though, I'm going to sell the 2019 DCA coins. DCA proved to be a stupid strategy, which leads to losses in a medium term (3 to 5 years). It only works in a bull market.
March 26, 2020, 08:17:56 AM
I hope I am in the Brave holders type but there are times that I would need to sell.
Panic also streams in my blood and I will have to do it to not lose more.
But I also promised myself I need to get it all back once the price becomes cheaper.
I am not yet in the case to hoard things since I already got my stocks so I won't need to sell.
Something like a holder but when necessity strikes then I will sell. At the right price of course.
(the right price for me is better than this 6k)
Panic also streams in my blood and I will have to do it to not lose more.
But I also promised myself I need to get it all back once the price becomes cheaper.
I am not yet in the case to hoard things since I already got my stocks so I won't need to sell.
Something like a holder but when necessity strikes then I will sell. At the right price of course.
(the right price for me is better than this 6k) 
March 25, 2020, 01:30:48 PM
Brave hodlers
These peoples are the one still believe with the potential of cryptocurrency even the market now is dripping with blood. Ignoring the volatility and still relaxing while others are in state of confusion.
I am still trying to be in this side.
But with all that is happening around the world it is like pulling me to the devilish side.
1 more month and I will be selling.
The budget for home necessities and kids needs is getting lower and lower.
I cannot go out. I don't want to go out. Just want to stay at home.
So there is no spending of bitcoin that is happening since I cannot even withdraw. Also, the conversion is way low and that is what keeps me from selling it.
March 25, 2020, 08:57:57 AM
i don't think i can be categorized in any of the groups you mentioned. for example the closest would be the holder group but i do not believe in the potential of cryptocurrencies, i only believe in potential of bitcoin that is why the only thing i own is bitcoin and i have only traded altcoins during their pump and dumps and never held any any longer than i should.
besides i don't just "hodl", i have been making an investment and at the same time i have been spending bitcoin, earning bitcoin as much as i can because i still see it as a currency first and an investment second.
besides i don't just "hodl", i have been making an investment and at the same time i have been spending bitcoin, earning bitcoin as much as i can because i still see it as a currency first and an investment second.
I see. So your in on Satoshi Followers based on the list. People who are using, spending, and make utilized of bitcoin cryptocurrency. You mentioned you viewed it as currency right, maybe your in Country where bitcoin is heavily used and accepted as you can solely described it as currency already. Investment wise, bitcoin is the only good for such term. Anyway, I think I am needed to add more categories where people should be in.
March 21, 2020, 11:16:29 PM
i don't think i can be categorized in any of the groups you mentioned. for example the closest would be the holder group but i do not believe in the potential of cryptocurrencies, i only believe in potential of bitcoin that is why the only thing i own is bitcoin and i have only traded altcoins during their pump and dumps and never held any any longer than i should.
besides i don't just "hodl", i have been making an investment and at the same time i have been spending bitcoin, earning bitcoin as much as i can because i still see it as a currency first and an investment second.
besides i don't just "hodl", i have been making an investment and at the same time i have been spending bitcoin, earning bitcoin as much as i can because i still see it as a currency first and an investment second.
March 21, 2020, 05:38:51 PM
I sell some of my Bitcoin and other cryptos for my needs but I'm not saying that I am a Panic Seller.
Maybe I called myself as a holder but not a Brave Holder as well, it can be just a "holder and Seller".
I'm not affected by the current situation and I don't want to think how bad it is cause it for sure that it will mentally affect our minds and could lead to panic selling. Well, that a thing it should and I just consider this as a normal day even though we saw a huge market drop.
Maybe I called myself as a holder but not a Brave Holder as well, it can be just a "holder and Seller".
I'm not affected by the current situation and I don't want to think how bad it is cause it for sure that it will mentally affect our minds and could lead to panic selling. Well, that a thing it should and I just consider this as a normal day even though we saw a huge market drop.
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