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Topic: When the market goes down remember this... - page 2. (Read 717 times)

legendary
Activity: 2674
Merit: 1226
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November 24, 2019, 05:13:25 AM
#66
not just this week but even the past week , days and months we always experience this bad and unstable condition of the market  . all of us here are now imune  to this issue and so are you  . you should practice your self as well because if not then you are going to suffer mentally , emotioanlly and physically  like the one's that you state on the first sentence of your message but i do like the last sentence of your message  . your still showing a hope despite of the hardships that you experience which was great to see  .

I really don't get it when people feel down when the market is down or is volatile. If Bitcoin were stable and slow, no one would be interested, plus it wouldn't make sense since demand is never slowly increasing in a stable manner. Even oil shows this same volatility and even was worse in the early days.

This is early days for crypto. Get over it guys:)
legendary
Activity: 3374
Merit: 1824
November 24, 2019, 05:09:21 AM
#65
before we decide to invest in bitcoin then we should know about bitcoin and look for reliable information about bitcoin, so we will know and be ready with all the risks that might occur including when the market goes down

Personal experience is much more important.
When I first heard about bitcoin 6-7 years ago, I didn't take it seriously.
When I finally got involved and got my first bitcoins, instead of saving them, I wasted them on nonsense.
When the price of bitcoin grew very much, I realized my mistake and started over.
After that, the price of bitcoin repeatedly had a big rise and a big drop, but I never repeated my mistake.
I know from experience that when the market goes down, it's the best time to buy more bitcoin and to hold.
After every drop in value, there is always growth and so it has been for 10 years  Grin Grin
full member
Activity: 602
Merit: 101
November 24, 2019, 04:04:10 AM
#64
before we decide to invest in bitcoin then we should know about bitcoin and look for reliable information about bitcoin, so we will know and be ready with all the risks that might occur including when the market goes down
jr. member
Activity: 188
Merit: 1
November 24, 2019, 02:14:10 AM
#63
Thank you for your article, it makes sense that in the past few days the market has been in a downturn. Trust is now important and keep your head cool and alert, keep your Bitcoin and the future.
sr. member
Activity: 1554
Merit: 334
November 24, 2019, 01:36:11 AM
#62
Dumps like these are quite normal, as well as inexplicable pumps that happened over the last months. If you are a day trader that got in on the $8K range, then you'll probably want to sell to further cut losses. But if you don't need the money right now, it is always advisable to hold, if you believe that Bitcoin would surely experience a reversal and a possible bull run. The technology is quite early and we still may experience improvements and therefore, surge of investors that would increase the positive pressure on the prices.
sr. member
Activity: 728
Merit: 254
November 24, 2019, 01:13:42 AM
#61
This advice fit beginners since they're still afraid and there is still doubt. Don't be stressed out or afraid if bitcoin isn't doing good. While the price is still low, buy more bitcoin so when the time comes for bull run, you won't regret anything...
I read the article you've given and it's a good point. For beginners, telling them the (future) benefits of bitcoin will encourage them to hold more into crypto. It was a great article op!
full member
Activity: 1750
Merit: 118
November 23, 2019, 09:24:27 AM
#60
not just this week but even the past week , days and months we always experience this bad and unstable condition of the market  . all of us here are now imune  to this issue and so are you  . you should practice your self as well because if not then you are going to suffer mentally , emotioanlly and physically  like the one's that you state on the first sentence of your message but i do like the last sentence of your message  . your still showing a hope despite of the hardships that you experience which was great to see  .
legendary
Activity: 1974
Merit: 2124
November 23, 2019, 09:20:58 AM
#59
I agree with you on this point but the main thing is that most of the newbies don't have knowledge about this volatile market and when price falls they can't control their nerves and gets panic easily and start contributing to dump situatuons making situation even more worse.We need to stay calm and hodl it for long term if you are not day trader as you will get returns in future which is guaranteed so just HODL and control your emotions.
sr. member
Activity: 952
Merit: 274
November 23, 2019, 09:04:10 AM
#58
I don't worry or scare to see the market goes down because I believe that is temporary and it's normal to see that is happening. We cannot expect to see bitcoin price or altcoin price at the high price every time, but there will be a time for bitcoin and altcoin to go down, and that is what we see now. We need to be patient, hold your bitcoin while you will see bitcoin will be back to the high price. This is our chance to buy bitcoin and if you have money, don't miss this discount time because it will hard to see this price in the future.
I always remember that there is a market life cycle where there are 3 trends that happening, the 3 trends are the bullish, bearish and sideways. The price will not forever be bearish and that's why I waiting for a market reversal for me to enter the cryptocurrency market again. 
sr. member
Activity: 938
Merit: 251
November 23, 2019, 07:13:18 AM
#57
When there are multiple red candles most of them panic , in which short term trader are most , for long term traders there is no reason to panic , pick any stock currency whatever you see up and down chart eventually price will reach good place it takes time and investors should have patience , investors without patience cant make profit any markets
I can't predict about bitcoin candles because I only think with chart and situation external of bitcoin it self, I know whit situation of bitcoin and altcoin have down but I am not brave for investing with bitcoin, I think have not reached support price of bitcoin and not good for investing, waiting when good moment when have to invest with bitcoin and waiting market go back to higher price.
full member
Activity: 1330
Merit: 147
November 23, 2019, 06:12:59 AM
#56
If you are an old user you responding this situation calmly. It means there is nothing to be worried, just calm down and keep hold your asset.

As you may know the movement price of cryptocurrencies are volatile. Seeing the movement now and you need a several times to see their price will change.

As an old user will make this situation as an advantage, buying and selling his asset is really promissing to get short term profit. So in this case, your article is suitable for those who haven't know this situation and I'll bet they are is newbie.
sr. member
Activity: 396
Merit: 250
November 23, 2019, 05:53:33 AM
#55
When there are multiple red candles most of them panic , in which short term trader are most , for long term traders there is no reason to panic , pick any stock currency whatever you see up and down chart eventually price will reach good place it takes time and investors should have patience , investors without patience cant make profit any markets
jr. member
Activity: 267
Merit: 7
November 23, 2019, 05:45:49 AM
#54
Don't expect too much when you are not clear about it, everything can happen, in order to survive in this market you must be a good analyst. Do not hold bitcoins when they still show signs of going down, sell and buy at the right time, so remember everything that can happen
hero member
Activity: 2604
Merit: 816
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November 23, 2019, 05:40:03 AM
#53
This day, bitcoin price back to go down and reach $7130 but it could get down for more, so we need to be careful. Maybe tomorrow the price will be down again, but we can hope in the next week, the price can go up again and start rallies to a higher rate. So this day will be a good time to buy bitcoin, or you can wait for tomorrow to see if the price will be down for more.
sr. member
Activity: 1610
Merit: 301
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November 23, 2019, 05:12:03 AM
#52
This is the reason why many newbies lose money and hope on bitcoin. They are aware that bitcoin is indeed very versatile but everytime versatility attacks they panic and sell fast without thinking of what good thing is awaiting them in the long term run of bitcoin.
Weak hands = bankcrupt.

No matter how much this point is highlighted, many investors are not willing to accept that. To go up market has to go down first, there is no market in the world that only go up.
hero member
Activity: 2086
Merit: 501
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November 23, 2019, 02:23:57 AM
#51
The last week has been a little bloody... And yet, after all we've been through, I have grown numb to this feeling. Stress, sleepless nights, etc... these are all a thing of the past. In fact, I just had a delicious breakfast with my girlfriend.

For those of you that are scared of the current situation, awaiting for a sell-off, its best to remember the long-term benefits that Bitcoin and crypto bring to the table.

I recently wrote an article outlining the most important ones. Instead of getting sweaty palms thinking of the next 24-hours, use your time wiser and educate yourself by reading my post: https://paybis.com/blog/benefits-of-cryptocurrency/

Hold onto your BTC, we are the future millionnaire generation.

It takes a true believer and a great investor to understand the bitcoin market. This is not the first time the market value of Bitcoin has dropped and its not gonna be the last time. It might be really difficult not to panic when the price of Bitcoin drops like that. But i believe and think the value of Bitcoin will be hitting $10k very soon before 2019 comes to an end. Now is the time to buy more bitcoin if you are looking forward to make a big out of your bitcoin investment.
Yes. It takes a strong faith in bitcoin not to end up frustrated and depressed with the current market price. But honestly, i'm still very optimistic about bitcoin price that it will pump more and makes its market green again. While the price is low at the moment, this is the best opportunity to invest more in bitcoin and makes a fortune in the future.
Having blind faith is not good either. What you need to do is to educate yourself and understand what Bitcoin is then you’ll came to know what are its characteristics that would drive its price higher than before. To believe in something that is driven not by emotions but by your rational thinking would be a lot less riskier and much stronger. Analyzing the situation and what drives the pumps and dumps would not make you afraid since being afraid then pulling out your assets in Bitcoin is for those who don’t understand what’s going on.
sr. member
Activity: 1008
Merit: 355
November 23, 2019, 01:59:39 AM
#50
The last week has been a little bloody... And yet, after all we've been through, I have grown numb to this feeling. Stress, sleepless nights, etc... these are all a thing of the past. In fact, I just had a delicious breakfast with my girlfriend. For those of you that are scared of the current situation, awaiting for a sell-off, its best to remember the long-term benefits that Bitcoin and crypto bring to the table. Hold onto your BTC, we are the future millionnaire generation.

I can only be a millionaire with Bitcoin if its price is able to climb into at least 1 Million USD but since it can be taking so many years before that can happen, I prefer to just live on the present and enjoy the life I am having while holding on to some satoshis I have in my wallet. In the past, I would have been stressed a lot to see the red sea in the CMC especially with Bitcoin but not anymore because I have already learned to accept this digital currency as it is, fully of volatility and uncertainties. The only consolation at the back of my head is that this is just one of the normal phases of Bitcoin and since it happened in the past there are always many precedents we can analyze closely. Certainly, Bitcoin can be rising again in the coming weeks the only not sure is when. So I would just prefer to wait as what a real HODLER should be doing.
sr. member
Activity: 1148
Merit: 432
November 23, 2019, 01:42:22 AM
#49
This is the reality of this platform, Some people have a huge hope and belief on this platform and some are opposite, when the market goes down then this type uncertainty arise but when the price is high then everybody falls in love with Bitcoin platform, If you don't have proper knowledge then this type crisis will have to face so before joining in this platform we have to study a lot because this platform is like this, price up and down is the normal condition of this platform, don't be panicked and don't stop trading when the price volatile, it's better for a newbie that holding Bitcoin, If you can hold Bitcoin for a long time then it will bring back to you a good output for sure.
price movements are always like this, sometimes good trends sometimes bad trends. we have to be able to survive at a time like this even though the time has happened long enough. and at times like this it is indeed difficult for some people to survive, I just now have to rack my brain to find some income
hero member
Activity: 2156
Merit: 711
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November 23, 2019, 12:59:58 AM
#48
This is the reality of this platform, Some people have a huge hope and belief on this platform and some are opposite, when the market goes down then this type uncertainty arise but when the price is high then everybody falls in love with Bitcoin platform, If you don't have proper knowledge then this type crisis will have to face so before joining in this platform we have to study a lot because this platform is like this, price up and down is the normal condition of this platform, don't be panicked and don't stop trading when the price volatile, it's better for a newbie that holding Bitcoin, If you can hold Bitcoin for a long time then it will bring back to you a good output for sure.
hero member
Activity: 2954
Merit: 672
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November 22, 2019, 07:08:24 PM
#47
The last week has been a little bloody... And yet, after all we've been through, I have grown numb to this feeling. Stress, sleepless nights, etc... these are all a thing of the past. In fact, I just had a delicious breakfast with my girlfriend.

For those of you that are scared of the current situation, awaiting for a sell-off, its best to remember the long-term benefits that Bitcoin and crypto bring to the table.

I recently wrote an article outlining the most important ones. Instead of getting sweaty palms thinking of the next 24-hours, use your time wiser and educate yourself by reading my post: https://paybis.com/blog/benefits-of-cryptocurrency/

Hold onto your BTC, we are the future millionnaire generation.

It takes a true believer and a great investor to understand the bitcoin market. This is not the first time the market value of Bitcoin has dropped and its not gonna be the last time. It might be really difficult not to panic when the price of Bitcoin drops like that. But i believe and think the value of Bitcoin will be hitting $10k very soon before 2019 comes to an end. Now is the time to buy more bitcoin if you are looking forward to make a big out of your bitcoin investment.
Yes. It takes a strong faith in bitcoin not to end up frustrated and depressed with the current market price. But honestly, i'm still very optimistic about bitcoin price that it will pump more and makes its market green again. While the price is low at the moment, this is the best opportunity to invest more in bitcoin and makes a fortune in the future.
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