Nah fam, constantly looking for the silver lining in things doesn’t make you an optimist. It makes you a delusional.
It doesn’t matter if people go nuts and bonkers about bitcoin dropping in price so drastically today. It’s a normal reqction to a perfectly understandable situation like so. People are always going to give yiu the most genuine reactions and if you’re going to clown on them cause “they can’t keep their cool”, then I got news for you bub, you’re no different than these people.
In my opinion, let people react the way they want to react in situations like these. It’s their money first and foremost, and I see nothing wrong with being scared and sad that you’re money’s growing thin by the day, and at the end of the day, it’s not like they’d stop investing in crypto after this! There are thousands of other opportunities to buy and reenter the market, forcing people to hold just ruins it,
Let the people be scared, let the people be more concerned about their money and be realistic in these things.
Topic: We should be looking only at the brighter side - page 2. (Read 1184 times)
~snipe~
Being a Bitcoin enthusiast, it’s easy to wish to see or look at only the bright side to every elements that might exists within the Bitcoin ecosystem but, it would be pretty dumb to not give attention to some of the negativity or sides to it that might not be so positive. Noting it doesn’t mean you having to give it much attention such that, it could push you to liquidating your portfolio but, you could always take other advantages of these situations.Speaking of fees, you could always do most of your transactions as one bunch in this times, rather than paying same fee for several pockets of transactions. Also, price dumps presents buying opportunities, it’s the way to look at it. These negativities simply serves as a way to further prove the inevitable and you should note that, use it to build faith and strategy.
Being a Bitcoin investor or a holder comes without it's own ups and downs that makes us want to sell off all of it without looking back, but know one thing, their is actually a light, at the end of the tunnel, we should not be looking at the higher transaction fees, the network congestion, the complications and effort needed to hold perfectly without you selling due to financial pressure, the negativity and speculation around it by hater, the stress and measures put in place to secure it well from scammers, but as a true Bitcoineers, we should only be look at the brighter and the bigger picture of how much you stand to gain, if you keeps on holding, look only at the brighter side of it, because that's what going to motivate you when you feel tired, cheer to all Bitcoineer🍷🥂🥂
Fair enough to believe on the bright side, but don't look only at the bright side, the other side has a lot of lessons that it is teaching that you must learn, like someone made a post about investing without keeping emergency funds close by, and that is Lane cause you been so optimistic about bitcoin doesn't remove the possibility that things can go wrong and you lose all your holdings to some freely emergency, so yeah prepare for both good and bad as an investor.
If you are a long-term holder, there will be no problem, because you will really just wait for the right time if you want to sell it in the market so that you can take out the profit.
This is what happens; you don't really care if the news happening in the market is negative.
As long as what is important to you as long-term investors is that it can give us profit in the future, we are positive that what we expect from the coin we hold will happen.
Long-term investors have less stress and don't need to worry about the news every day since he just simply put their bitcoins aside and securely and continue with their daily activities also this comes up with conditions as always, one should invest what they can afford to lose because you don't get rich overnight with bitcoins unless you are the current luckiest guy on earth. Long-term bitcoin investment usually takes years to prosper and you can decide to convert it to fiat once you see the price has reached your preferred amount.
No matter what we invest in, we must invest with the risk that there must be risk. We all know bitcoin is risky if we want to employ bitcoin we must invest with risk. When it comes to Bitcoin investment we must acquire good knowledge about Bitcoin many times it is seen that we invest too hastily without knowing well about Bitcoin, we must acquire enough knowledge about Bitcoin before we invest. In the case of Bitcoin, if we can invest with a long-term plan and check the market, we will definitely succeed with Bitcoin.
Bitcoin becomes risky either when people invest with all the money they have and expecting to make profit fast and doing volatility of the market can just change ones expectation of getting profit and it can lead one to sell at lose. Bitcoin also be risky when investors have no plan of hodling. Their is always volatility and hodling helps people to overcome the dip and not to sell till the value of the market increase with a better profit. Bitcoin can be very risky when people are not ready to go about it properly by hodling. When people have the mentality of becoming rich in bitcoin it is a big risk that can make one to lose money in the market.
No matter what we invest in, we must invest with the risk that there must be risk. We all know bitcoin is risky if we want to employ bitcoin we must invest with risk. When it comes to Bitcoin investment we must acquire good knowledge about Bitcoin many times it is seen that we invest too hastily without knowing well about Bitcoin, we must acquire enough knowledge about Bitcoin before we invest. In the case of Bitcoin, if we can invest with a long-term plan and check the market, we will definitely succeed with Bitcoin.
Not only will you be at risk investing in Bitcoin, there will be more or less risk in investing wherever you invest. Although investing in cryptocurrencies is very risky, investing in Bitcoin is the safest among them. Bitcoin Halving is just a few days away, Bitcoin is currently heading for a correction. How long will you hold your bitcoins, are you taking longer to hold bitcoins, are you panicking and selling your btc because of the current price correction? If you can win your patience game then surely you will be successful in Bitcoin. 
It will depends on the investor with their holdings, people trusting the crypto or the bitcoin and they keep holding until the halving run starts so they will take profit every time the market pump like a DCA of selling their gains, some active traders riding with the market volatility and its a good thing if you have time and thinking too much with the price. In making a crypto investment you dont need to watch the market every time to time depends on the strategy you would like ti risk. Make plan and execute not just let the faith decide to your gains.
No matter what we invest in, we must invest with the risk that there must be risk. We all know bitcoin is risky if we want to employ bitcoin we must invest with risk. When it comes to Bitcoin investment we must acquire good knowledge about Bitcoin many times it is seen that we invest too hastily without knowing well about Bitcoin, we must acquire enough knowledge about Bitcoin before we invest. In the case of Bitcoin, if we can invest with a long-term plan and check the market, we will definitely succeed with Bitcoin.
Being a Bitcoin investor or a holder comes without it's own ups and downs that makes us want to sell off all of it without looking back, but know one thing, their is actually a light, at the end of the tunnel, we should not be looking at the higher transaction fees, the network congestion, the complications and effort needed to hold perfectly without you selling due to financial pressure, the negativity and speculation around it by hater, the stress and measures put in place to secure it well from scammers, but as a true Bitcoineers, we should only be look at the brighter and the bigger picture of how much you stand to gain, if you keeps on holding, look only at the brighter side of it, because that's what going to motivate you when you feel tired, cheer to all Bitcoineer🍷🥂🥂
Although bitcoin investment is extremely speculative, the potential (the bright side) makes it suitable for long term investment.
~ I wouldn't blame those selling due to financial pressure. I think comparing that with other reasons for selling like negativity towards Bitcoin coming from others or your disbelief if its future is wrong. Being very optimistic about Bitcoin's future I myself was selling it many times in the past at pretty low price exactly because of the financial pressure at the moment.
Well, those were inevitable. Hodling is probably the key to a huge success, but if present financial pressures are hitting us, I think selling regardless of the price is still viable. I have been into that situation and most likely, it’s actually harder not to sell. However, as much as possible, we should try to avoid situations like this and invest only on our spare money and leave some for our emergency funds so that we can hold peacefully our coins without being bothered to sell them at a lower price.It's an absolutely sound advice, and it's actually very similar to what @ultrloa said earlier. I agree with with both of you guys. Although it's not that easy as it might seem I will try to follow your advises in the future and would suggest others to do the same. It has been proven many times that selling your BTC should be avoided at all costs, because you are surely selling for the price that is much lower than it will be in the future.
Being a Bitcoin investor or a holder comes without it's own ups and downs that makes us want to sell off all of it without looking back, but know one thing, their is actually a light, at the end of the tunnel, we should not be looking at the higher transaction fees, the network congestion, the complications and effort needed to hold perfectly without you selling due to financial pressure, the negativity and speculation around it by hater, the stress and measures put in place to secure it well from scammers, but as a true Bitcoineers, we should only be look at the brighter and the bigger picture of how much you stand to gain, if you keeps on holding, look only at the brighter side of it, because that's what going to motivate you when you feel tired, cheer to all Bitcoineer🍷🥂🥂
Nothing is 100% good, there will always be something it lacks and when you look at Bitcoin, transaction speed and network fees has always been the subject of debate everytime. Like right now, if check the mempool, there are more transactions waiting to be confirmed than the miners can mine at the same because the block size is very limited and hence people pay more fees to get included in the next block and those who pay less will have to wait for sometime, these is why some people will not like Bitcoin and not everyone would like this kind of technology.
In addition, everyone can not like Bitcoin. Even those that buy will still sell because that's the reason why they bought in the first place. You can't tell people not to sell when you don't even know where they raise their capital to invest in the first place. People will sell and buy back many times so that shouldn't be a problem to worry about and also believe that people that will hold Bitcoin will continue to hold without selling.
Bitcoin is one of the most important technologies in world history since the advent of the internet, its development is very fast, perhaps it will lead to becoming the world's currency in the future. Investors who have studied Bitcoin self-taught or attended seminars will continue to increase the amount of investment and never worry anymore about the risks that exist in Bitcoin, they have seen further into the future, perhaps their vision extends beyond the next decade to how Bitcoin will grow into one of the most important ways to pay for goods and services.
Bitcoin can be a good investment for investors who are able to see all the advantages in it, that everything that is rare will always be valuable in the future, such as antiques which are very limited in number and difficult to find.
Even so, they should not ignore the potential risks that could occur at any time over time. Apart from price volatility, they also have to consider wallet security risks as well as legal risks that may change. Big investors think about this instead of just hoping to profit from bitcoin price volatility, so they will make plans and will have tolerance wise risk tolerance.Bitcoin can be a good investment for investors who are able to see all the advantages in it, that everything that is rare will always be valuable in the future, such as antiques which are very limited in number and difficult to find.
One of the most important things is, things can change quickly and this is not impossible for bitcoin. Big changes that have a negative impact will make the price of bitcoin drop a lot, this is a risk that must be considered. Apart from that, other risks such as the failure of the wallet to maintain its existence and reputation are also reasons why there are risks that must be considered, so don't just think about the positive side.
Being a Bitcoin investor or a holder comes without it's own ups and downs that makes us want to sell off all of it without looking back, but know one thing, their is actually a light, at the end of the tunnel, we should not be looking at the higher transaction fees, the network congestion, the complications and effort needed to hold perfectly without you selling due to financial pressure, the negativity and speculation around it by hater, the stress and measures put in place to secure it well from scammers, but as a true Bitcoineers, we should only be look at the brighter and the bigger picture of how much you stand to gain, if you keeps on holding, look only at the brighter side of it, because that's what going to motivate you when you feel tired, cheer to all Bitcoineer🍷🥂🥂
I wouldn't blame those selling due to financial pressure. I think comparing that with other reasons for selling like negativity towards Bitcoin coming from others or your disbelief if its future is wrong. Being very optimistic about Bitcoin's future I myself was selling it many times in the past at pretty low price exactly because of the financial pressure at the moment.
However, it’s still advisable to only sell if you have genuine reasons. Other than that, selling would be a waste of time and money if you’ll only do it for temporary personal interests.
I disagree with what you are saying: bitcoin is great, it has a lot of good sides, but we must never forget also the downsides because, whether we like it or not, being your own bank is a serious matter, and you must always remember to be careful all the time. If you try to look only at the good side then it means that you're going to lower your attention and it's possible that you'll make some mistake.
You are right, but that was probably not what he was referring to. One indeed needs to understand the security part and how they can keep their funds safe because the industry is full of frauds and scams and exploits, and one can easily lose their hard-earned money if they aren't vigilant and careful with what they do, but the guy you replied to was talking about the ups and downs of the price and that people should see the longer picture regarding that.I agree with what he said. A lot of newbie investors tend to panic very quickly after making their investments in Bitcoin because they see its price falling a little bit and think it's going to go to zero very soon, what they don't know is that in the long run, the price of Bitcoin is going to recover because we have seen that happening a lot of times in the history of Bitcoin.
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Being a Bitcoin investor or a holder comes without it's own ups and downs that makes us want to sell off all of it without looking back, but know one thing, their is actually a light, at the end of the tunnel, we should not be looking at the higher transaction fees, the network congestion, the complications and effort needed to hold perfectly without you selling due to financial pressure, the negativity and speculation around it by hater, the stress and measures put in place to secure it well from scammers, but as a true Bitcoineers, we should only be look at the brighter and the bigger picture of how much you stand to gain, if you keeps on holding, look only at the brighter side of it, because that's what going to motivate you when you feel tired, cheer to all Bitcoineer🍷🥂🥂
In case I have remember the Newton's Third laws and his third law "states that for every action (force) in nature there is an equal and opposite reaction." He says here about the physical force but I will say incase of bitcoin it is also have both riskier side and also the profitable sides.
I have always says newbies about the Bitcoin investment that bitcoin has also risk and it is highly volatile asset and also said before invest have some fundamental basic knowledge and thoses are things you have mentioned the congested network high fees. And by facing each of these correctly and buying and selling bitcoins at the right time, one can become a successful bitcoiner.
Being a Bitcoin investor or a holder comes without it's own ups and downs that makes us want to sell off all of it without looking back, but know one thing, their is actually a light, at the end of the tunnel, we should not be looking at the higher transaction fees, the network congestion, the complications and effort needed to hold perfectly without you selling due to financial pressure, the negativity and speculation around it by hater, the stress and measures put in place to secure it well from scammers, but as a true Bitcoineers, we should only be look at the brighter and the bigger picture of how much you stand to gain, if you keeps on holding, look only at the brighter side of it, because that's what going to motivate you when you feel tired, cheer to all Bitcoineer🍷🥂🥂
I disagree with what you are saying: bitcoin is great, it has a lot of good sides, but we must never forget also the downsides because, whether we like it or not, being your own bank is a serious matter, and you must always remember to be careful all the time. If you try to look only at the good side then it means that you're going to lower your attention and it's possible that you'll make some mistake. I invested in Bitcoin believing that this would give me some fortune. Of course, sometimes I'm thinking about the risk and the possible losses but I'd never let such thinking influence how I looked into Bitcoin. I remain strong despite the dip and long bear season as I know it will recover.
If we could really afford to fight back our negative feelings and worries, that would end in panic selling and losses. That is why before investing trust should already be in our mind, doubts couldn't give us strength but weaknesses.
If we could really afford to fight back our negative feelings and worries, that would end in panic selling and losses. That is why before investing trust should already be in our mind, doubts couldn't give us strength but weaknesses.
Yes that is reality, emotion as regards to feeling over something determined how far one can go negative emotions is capable of destroying your dream, it's good that one feeling or emotions is centered in positivity even when the obstacle are thereon should be steadfast always unmovable and unshakable that's the only of conquering. One must nite that a double minded person is always unstable and what is unstable can never yield a good results.
The level to which you analyze your risk during investment determine how you endure and at first focusing not undermining the present help allot in winning the raise of investment in actually the proposed dream.
Many terminated their investment most selling off their BTC because of fear unforseen circumstances, before venture into investment like BTC one should be able to kill the feeling or emotions of unforseen circumstances or any related unstable mindset zero tolerance of no going back despite all odd weather ATL or ATH until you meet the proposed time or year can usher you a good benefits.
Being a Bitcoin investor or a holder comes without it's own ups and downs that makes us want to sell off all of it without looking back, but know one thing, their is actually a light, at the end of the tunnel, we should not be looking at the higher transaction fees, the network congestion, the complications and effort needed to hold perfectly without you selling due to financial pressure, the negativity and speculation around it by hater, the stress and measures put in place to secure it well from scammers, but as a true Bitcoineers, we should only be look at the brighter and the bigger picture of how much you stand to gain, if you keeps on holding, look only at the brighter side of it, because that's what going to motivate you when you feel tired, cheer to all Bitcoineer🍷🥂🥂
I wouldn't blame those selling due to financial pressure. I think comparing that with other reasons for selling like negativity towards Bitcoin coming from others or your disbelief if its future is wrong. Being very optimistic about Bitcoin's future I myself was selling it many times in the past at pretty low price exactly because of the financial pressure at the moment.
However, all of this will be a lesson that having other resources or a side job to earn additional income is very important, with the aim that investments can run well and also have reserve funds if one day they are needed without having to sacrifice Bitcoin.
If you are a long-term holder, there will be no problem, because you will really just wait for the right time if you want to sell it in the market so that you can take out the profit.
This is what happens; you don't really care if the news happening in the market is negative.
As long as what is important to you as long-term investors is that it can give us profit in the future, we are positive that what we expect from the coin we hold will happen.
And here's the problem, if you only have Bitcoin investments and no savings, emergency funds or other resources. And when you really need it, there is no other option to sell your coins because nothing else can meet very important needs such as hospital bills or other very important things.
So an experience like that will be a valuable experience or lesson, that having other resources such as a side job to increase your income is very important, so that you can invest, save or have useful reserve funds if you need them. Without having to disrupt your long-term investments aimed at the future.
Bitcoin is one of the most important technologies in world history since the advent of the internet, its development is very fast, perhaps it will lead to becoming the world's currency in the future. Investors who have studied Bitcoin self-taught or attended seminars will continue to increase the amount of investment and never worry anymore about the risks that exist in Bitcoin, they have seen further into the future, perhaps their vision extends beyond the next decade to how Bitcoin will grow into one of the most important ways to pay for goods and services.
Bitcoin can be a good investment for investors who are able to see all the advantages in it, that everything that is rare will always be valuable in the future, such as antiques which are very limited in number and difficult to find.
Bitcoin can be a good investment for investors who are able to see all the advantages in it, that everything that is rare will always be valuable in the future, such as antiques which are very limited in number and difficult to find.
Being a Bitcoin investor or a holder comes without it's own ups and downs that makes us want to sell off all of it without looking back, but know one thing, their is actually a light, at the end of the tunnel, we should not be looking at the higher transaction fees, the network congestion, the complications and effort needed to hold perfectly without you selling due to financial pressure, the negativity and speculation around it by hater, the stress and measures put in place to secure it well from scammers, but as a true Bitcoineers, we should only be look at the brighter and the bigger picture of how much you stand to gain, if you keeps on holding, look only at the brighter side of it, because that's what going to motivate you when you feel tired, cheer to all Bitcoineer🍷🥂🥂
I wouldn't blame those selling due to financial pressure. I think comparing that with other reasons for selling like negativity towards Bitcoin coming from others or your disbelief if its future is wrong. Being very optimistic about Bitcoin's future I myself was selling it many times in the past at pretty low price exactly because of the financial pressure at the moment.
However, all of this will be a lesson that having other resources or a side job to earn additional income is very important, with the aim that investments can run well and also have reserve funds if one day they are needed without having to sacrifice Bitcoin.
If you are a long-term holder, there will be no problem, because you will really just wait for the right time if you want to sell it in the market so that you can take out the profit.
This is what happens; you don't really care if the news happening in the market is negative.
As long as what is important to you as long-term investors is that it can give us profit in the future, we are positive that what we expect from the coin we hold will happen.
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