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Topic: Why I do not panic when the market falls - page 20. (Read 3303 times)

sr. member
Activity: 756
Merit: 250
For some reason I am sure that the price of the crypto will rise, so I hold it, I did not see any analyst who did not have the same opinion as I do, but thing that motivates me the most — is when I start comparing the whole current situation with the Dot-com bubble, the fact is that this bubble busted reaching 6 trillion dollars, the crypto reached only 830 billion yet, in its peak. During Dot-com bubble only middle and rich class had opportunity to invest but not all, in the crypto everybody can invest, regardless of country and day time and it also can be done anonymously from jour home computer, so I think that this is all just the beginning and the real bubble is yet to come, it is not known when it will come — in five or 10 years, but I hope that it will.

Indeed Market is red but it's just a temporary situation it will be back to normal and rise again. Some traders is panic because they scared of being lossing some huge money but they don't know they can get a huge profit from it when they hold it for a long-term.
I also think that this decline is temporary, and sooner or later good days and the growth of the market will come. But I also understand that it's hard to control yourself when you have coins for a large amount and this amount is constantly decreasing.
full member
Activity: 378
Merit: 101
For some reason I am sure that the price of the crypto will rise, so I hold it, I did not see any analyst who did not have the same opinion as I do, but thing that motivates me the most — is when I start comparing the whole current situation with the Dot-com bubble, the fact is that this bubble busted reaching 6 trillion dollars, the crypto reached only 830 billion yet, in its peak. During Dot-com bubble only middle and rich class had opportunity to invest but not all, in the crypto everybody can invest, regardless of country and day time and it also can be done anonymously from jour home computer, so I think that this is all just the beginning and the real bubble is yet to come, it is not known when it will come — in five or 10 years, but I hope that it will.

Indeed Market is red but it's just a temporary situation it will be back to normal and rise again. Some traders is panic because they scared of being lossing some huge money but they don't know they can get a huge profit from it when they hold it for a long-term.
jr. member
Activity: 182
Merit: 6
The reason is that you believe in technologies. And of course institutional investors will bring their money and the cap of the market will be more than 1trl$. However, they need custodial service to store their money.
maybe before the market down you've invested in the promising Altcoin and so now with the fall of your market is not too panic then from now on you are not panic, but I know now many people are sad and panic because of the market downturn
jr. member
Activity: 112
Merit: 1
You really can't be involved in this market if you're going to panic. Pick something safer that doesn't have 20% swings in a day.
newbie
Activity: 77
Merit: 0
everything has a cycle, like crypto, we are not at the bottom, nothing is permanent, crypto will rise soon and we will see bull run
full member
Activity: 378
Merit: 100
Someone has deceived the rich class well. If the crypto currency completely flushes, then there is always someone who will buy it at a reduced price.
sr. member
Activity: 490
Merit: 250
The answer is first, you have been ready to involve in crypto (whatever the benefits and risks, of course). Second, you have known and realized that the market is always changing. This falling market is part of the cycle then you are ready to face it and pass it next. You have a certain good strategy to take the advantages from this fall markets. Whatever the probabilities, it sounds very great that many people may become like you. Of course, because we are sure that panic will only drive us for a bad thing and decision.
newbie
Activity: 91
Merit: 0
According to my personal experience. I would choose to sell all my coins during a bull market, although some of them are valuable. But all coins  follow bitcoin.
newbie
Activity: 189
Merit: 0
Absolutely agreed. No reason to sell during lows if your target is not reached. No panic, sit tight and hodl  Roll Eyes
full member
Activity: 539
Merit: 100
I also think that the Crypto currency will go up in price, as only 6% of people have entered this market.
jr. member
Activity: 140
Merit: 1
https://eloncity.io/
Its because you understand how it works and the real benefit of it, not other people that only join the crypto without having knowledge about it.
member
Activity: 364
Merit: 13
For some reason I am sure that the price of the crypto will rise, so I hold it, I did not see any analyst who did not have the same opinion as I do, but thing that motivates me the most — is when I start comparing the whole current situation with the Dot-com bubble, the fact is that this bubble busted reaching 6 trillion dollars, the crypto reached only 830 billion yet, in its peak. During Dot-com bubble only middle and rich class had opportunity to invest but not all, in the crypto everybody can invest, regardless of country and day time and it also can be done anonymously from jour home computer, so I think that this is all just the beginning and the real bubble is yet to come, it is not known when it will come — in five or 10 years, but I hope that it will.

yes, i very often compare market to the dot com bubble and if we compare it 1:1, by normalising by the maximum value, we can see that we can go even lower before we start the new Bull Run.

The effects of human nature and not that different , bubble is abuuble in every industry.
newbie
Activity: 112
Merit: 0
Nice thoughts. I also think that it is only matter of time when crypto will become the strong part of the world economics. I hope it will become true in the nearest future. And all these rises and corrections - just a joke compare to rises that will be ahead
member
Activity: 392
Merit: 10
0x860FA3F15AcDFC7c7B379085EaC466645285237d
When the market price goes down and you have a coin/s that has a good potential in the future, i must say don't panic, because time will come that market will recover soon. And in this market down situation you'll need time and patience, always remember that market price is volatile, sometimes high and sometimes low.
sr. member
Activity: 602
Merit: 251
I also try not to panic, but to think soberly and sensibly. You are right that the capitalization of the crypto-currency market is still very small, so the market has all the chances to grow and develop for more than one year. And in such situations, as now there is just a hard screening of those who can not wait and very much panic. But patience is one of the main qualities of a successful investor.
member
Activity: 133
Merit: 10
For some reason I am sure that the price of the crypto will rise, so I hold it, I did not see any analyst who did not have the same opinion as I do, but thing that motivates me the most — is when I start comparing the whole current situation with the Dot-com bubble, the fact is that this bubble busted reaching 6 trillion dollars, the crypto reached only 830 billion yet, in its peak. During Dot-com bubble only middle and rich class had opportunity to invest but not all, in the crypto everybody can invest, regardless of country and day time and it also can be done anonymously from jour home computer, so I think that this is all just the beginning and the real bubble is yet to come, it is not known when it will come — in five or 10 years, but I hope that it will.

Exactly! I agree with that! instead of having a panic when the market falls, I prefer to buy some coins if have that opportunity. although some people try to interfere with saying that this is a bubble and so on, I stick to my stance. I always believe that the fall of this market will always be followed by the increase.
newbie
Activity: 59
Merit: 0
because for us the price drop is only temporary, so we will not panic, because we believe that one day the price will rise again to a high level.
Right! any drop and take-off is only a temporary occurrence! There is no eternal growth Cool
jr. member
Activity: 159
Merit: 1
because for us the price drop is only temporary, so we will not panic, because we believe that one day the price will rise again to a high level.
newbie
Activity: 88
Merit: 0
In the event that you discover a coin that has high potential in picking up esteem, with the newly discovered prominence and digital currency's it truly wouldn't astound me for one to achieve insane costs. I would prescribe keeping up on crypto news I'm simply pulling the trigger on a venture when you see a decent coin. To the extent bitcoins concerned, now nothing would amaze me.
newbie
Activity: 112
Merit: 0
I have not ever invested my savings in cryptocurrency. So I'm not worried .
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