Topic: WHY ANXIOUS ABOUT BITCOIN PRICE? - page 7. (Read 2220 times)
What? he want to sell at low price? tell him that's not the way of panicking. You're losing a lot of opportunity if your father will sell right away. It's okay to hold and if he can't take the pressure of watching the market then tell him that he shouldn't be looking at it.
Maybe because your father is a long term holder so he is just waiting for the moment that hin investment will increase so he can cash out anytime, all of us are all anxious about the price, but different scenario some are day traders so they want the volatility of the price because they are taking advantage on it.
I really think that there's nothing to worry every time that the price of bitcoin is falling. That won't do nothing so don't focus on that my friend. Instead of dwelling in the past give attention on your goal. Falling of price is just normal since bitcoin is volatile so be used to it. Don't you ever get depressed or anxious for tomorrow will be alright. 
Maybe because your father is a long term holder so he is just waiting for the moment that hin investment will increase so he can cash out anytime, all of us are all anxious about the price, but different scenario some are day traders so they want the volatility of the price because they are taking advantage on it.
I felt bad for those people whowho take the price of bitcoin seriously. To be honest there's really nothing to worry every time that the price goes down. I think instead of dwelling in thethe bad side you should focus on making your bitcoin grow. Nothing will be done if you will be anxious be ause it doesn't help at anythe cause.
woww...4btc is quite a huge amount you know but hey just explain to your father to hold unto his bitcoins for a while k. Currently the price keeps has started to rise and i am very sure it will run very high soon for him to sell because that is the only way he can earn some huge profit. Unless he bought it around 6k himself.
Paying too much attention to price has no effect. If your father intends to sell his bitcoin, then it can be sold now. There is no need to consider too much.
people are anxious about bitcoin price because it is not stable.At times, it is hugh, at times it fluctuates.That os why we need to monitor the going up ang going down of bitcoin price.
My father is anxious pertaining to the fall and rise in bitcoin price. He has four(4) btc and he is afraid to hodl. He wants to sell at a lower rate. Any advice for him?
We all should know that bitcoin is a volatile crypto currency and apart from being volatile , it is a kind of investment and because of these two factors the valuation of bitcoin flactuates but I don’t find this thing to be get anxious about because the pumps and dumps are very common in every kind of investment but people don’t understand this and because of which they are now in panic selling of their bitcoins but I think this not something that one should worry about and I am sure that the time will come when the valuation will inflate again. My father is anxious pertaining to the fall and rise in bitcoin price. He has four(4) btc and he is afraid to hodl. He wants to sell at a lower rate. Any advice for him?
Your father shouldn't invest in the first place if he's afraid to take any kind of risks. Selling it at a lower rate is not the best idea to make that'll only make him lose money. Tell your father to stop looking at the short term prices and always show this chart to him whenever he gets anxious with the price of Bitcoin.This image was from an old thread by Trololo (thread)
This price shown in the picture is amazingly applicable/relevant even for nowadays!
Maybe because your father is a long term holder so he is just waiting for the moment that hin investment will increase so he can cash out anytime, all of us are all anxious about the price, but different scenario some are day traders so they want the volatility of the price because they are taking advantage on it.
My father is anxious pertaining to the fall and rise in bitcoin price. He has four(4) btc and he is afraid to hodl. He wants to sell at a lower rate. Any advice for him?
not to take and read some fake news this is also affect the way on how you may decide , tell also to your father that everything are been controlled for so he should be stay calm no matter what selling is not a solution.
Bitcoins holding is the best way your father can experience a return on his investment so I will advice you to admonish him to continue holding till a specific time before selling it off.
My father is anxious pertaining to the fall and rise in bitcoin price. He has four(4) btc and he is afraid to hodl. He wants to sell at a lower rate. Any advice for him?
Only a paper loss as long as he doesn't sell. It is much easier to hold than get mentally traumatized by selling at a low price only to find out that the price pumps the next day. Show him the the past graphs of bitcoin, it might ease his mind knowing that every year, it closes at a price higher than the previous year.
Do explain to your father that it is normal to have fluctuations in the value. Advice him to have the patience and hodl as this can give him profit after some time.
Prices in btc always fluctuates and you need to let your dad know about that. And even in the beginning you had to let him know this before letting him invest into it.
My father is anxious pertaining to the fall and rise in bitcoin price. He has four(4) btc and he is afraid to hodl. He wants to sell at a lower rate. Any advice for him?
4 BTC, that's a decent stash! Tell your dad to definitely HODL and to take a break if the price is causing him too much stress. Just believe in the tech and you will be fine. Something Tom Lee has said is that a majority of Bitcoin's gains come within a period of 9 or 10 days. So even if you are red during a majority of the year, those 10 days you do HODL you will be way up. Convince him to HODL, because if he sells at a loss, he will be hating it even more when the price soars back to $20k.
this is a fantastic post. Selling at a loss can be quite traumatizing, I'm still kicking myself for selling at a loss before and the memory still burns in m my mnd.
4 BTC it is a big fund dude, dont sell at a low price if you dont want to lose, I suggest you tell your father to hold bitcoin. 4 BTC owned, should be able to get a good profit by doing daily trading or if you want to get a big profit, I recommend for hodl in a long period of time and tell to your father about the future bitcoin and bitcoin price chart from year to year
My father is anxious pertaining to the fall and rise in bitcoin price. He has four(4) btc and he is afraid to hodl. He wants to sell at a lower rate. Any advice for him?
4 BTC, that's a decent stash! Tell your dad to definitely HODL and to take a break if the price is causing him too much stress. Just believe in the tech and you will be fine. Something Tom Lee has said is that a majority of Bitcoin's gains come within a period of 9 or 10 days. So even if you are red during a majority of the year, those 10 days you do HODL you will be way up. Convince him to HODL, because if he sells at a loss, he will be hating it even more when the price soars back to $20k.
My father is anxious pertaining to the fall and rise in bitcoin price. He has four(4) btc and he is afraid to hodl. He wants to sell at a lower rate. Any advice for him?
if your father is an old player on bitcoin there is certainly no concern about bitcoin prices, there is nothing bad to fear in the future bitcoin My father is anxious pertaining to the fall and rise in bitcoin price. He has four(4) btc and he is afraid to hodl. He wants to sell at a lower rate. Any advice for him?
I advice to your dad that hold it and sell it when the price is good enough. Tell him that investing is a risk and if he want to earn higher profit he must not afraid to risk. Give him some information so that he can get enough knowledge about bitcoin.
Did you at the first place discuss the nature of the coin to your father? If Yes then why is he anxious about the price. He will surely reap the best out of it when the time comes.
My father is anxious pertaining to the fall and rise in bitcoin price. He has four(4) btc and he is afraid to hodl. He wants to sell at a lower rate. Any advice for him?
Tell him to hold it for now , since the price isnt that good. And ask him not to worry about it. Bitcoin price is so unpredictable so if he hold it for the mean time theres a chance that he can get a higher profit in the future. Jump to: