Topic: Why I do not panic when the market falls - page 34. (Read 3303 times)
I think this may be a firm belief, or it's a numbness, because when your wallet is falling every day, you may be numb.
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.
These are really strong arguments in favor of the crypto currency. Many for some reason believe crypt should continue to grow by hundreds per cent a week. However, this is impossible, and now it is necessary to wait this long fall, which will have a good effect on the development of the crypto currency. Many scammers will leave the market, and regulators will create an environment for entry of large players
I believe that this is the crypto currency and the whole eco system around is the future and it gradually comes to our everyday life and the most important thing is that it will not be stopped. 3-5 years will pass and many spheres of activity will change in a coordinated way. We are guarded by the crypt and look to the future.
Experience is the wisest teacher, because your experience gets better understanding of how to deal with falling market situations and reduced asset value. It's no wonder you're calling the storm a commonplace
I think that the market is not falling that much, all the levels are as expected at this time of the year, so there is no reason to panic at all.
It happen before price of bitcoin falls and it always can survive. Never get panic when market alwats fall because it is not forever in down trend it will going to rise again. Although we can't predict when it will be more hopes btc will rise again.
I think that the market is not falling that much, all the levels are as expected at this time of the year, so there is no reason to panic at all.
I just want to say that Crypto is not for the people who make the risk. Panic dragged them down the mud. That is a trap if anyone has to. We need to be calm and look back on the case, with the crypto rumors going to die in 2018 and will disappear forever, rejected by the government, attacked by the scam.
We are under attack, and retaliation is the move of the market later this year. I am very hopeful about that.
We are under attack, and retaliation is the move of the market later this year. I am very hopeful about that.
New investors and people who want quick returns always panic whenever market falls. Falls are followed by rises so patient long-term holders usually win.
I have engaged the cryptocurrencies environment for one year and my reason suggests that these peaks often correlate to US dollar trends carried out by ICOs with need liquid financing.
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.
It is very good to have a particular analysis on the area we love. But if we talk about crypto, we'll talk over a thousand coins, each of which has different situations and reactions. So I think the panic is also needed just to remind that at the same time, the response of a coin on the market could be different. Those people who do not panic, with a drop in prices in the crypto currency market, have the money in reserve for an additional purchase of coins.
And in addition to money to buy, they always have money to live. In my opinion the perpetrators panic becomes the idea of"what do I live." So never invest the last money.
Those people who do not panic, with a drop in prices in the crypto currency market, have the money in reserve for an additional purchase of coins.
The cryptocurrency market (like any other one) is cyclical. In the history of bitcoin there were a few large corrections, up to 80%, but then again bitcoin conquered new peaks. So there is absolutely no need to panic.
Yes for sure market always recover and when that happen it will surpass ATH before and it will go for trillion. Market is just a cycle what goes up must come down and what goes down must come up and when this up happens for sure everyone who believes here in crypto will paid off for sure.
experience is also very important role. if new people get to know cryptocurrecny and trade, they will panic when prices go down and immediately sell their coins.
I totally agree with you. I invested in crypto looking for a long term view (more than 2 years). Personally I'm quite happy about the downsides because in periods like this I can buy more of coins that I trust like ETH BTC and NEO.
Because I believe in the Crypto market in the future, perhaps the market will grow again in the future. And now is the time of collapse but will not die for the altcoin.
The big players just go into the market, and they have their own games. But overall, I think everything that happens purely manipulation and making money. They do not care what kind of asset to play)
Because I believe in the Crypto market in the future, perhaps the market will grow again in the future. And now is the time of collapse but will not die for the altcoin.
I have been in the bitcoin panorama at least for two years and my knowledge confirms that those valleys frequently are parallel to bitcoin trends commited by developments which look for paying bills.
Yes i believe so it will. The market has been pulled back many tkmes before but it still manage to recover. I'm not gonna be surprised if people sell during these times. It is scary indeed especially for the newbies but for us who has been in the crypto world long enough, we understand these fluctuations amd we see this as opportunities instead of fearing for the next move.
Being in panic mode can sometimes lead to a wrong decision. People should understand that it is a nature in crypto to fluctuate. We have to think twice in dealing this kjnd of situation.
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