Topic: Why use the word CRASH instead of LOSSES on BTC? - page 2. (Read 384 times)
Loss means what the user/trader experience out of something. It can be bitcoin or any form of investment. When someone is losing, there'll be someone who have played right and profiting. So we can't term the fall in price as loss, it is always a crash.
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For instance, if a coin has a very good support at $5 and in the future rose to $20 and later on drops to dollar $15 gradually, it should not be called a crash.
For instance, if a coin has a very good support at $5 and in the future rose to $20 and later on drops to dollar $15 gradually, it should not be called a crash.
It's like when you're talking to a child, saying the cat did not die, it just went to sleep and its soul left him and flew into the sky and it's going to wait there.
Lolx. What happens if after telling the child that his cat died, the child becomes severely ill because he believes a huge part of him is lost. Later on the child sees that cat again. As in the case of BTC reaching ATH after a dip.
Would it not be better you tell the child that the cat is fainted, and it will resuscitate?
But you'll also see the same description for even minor corrections or gradual downtrends. Might as well get used to it, though. It's not going to change any time soon.
Maybe this is the fact. It is not going to change any soon. I would have to get used to it. But when I hear the word crash, especially from the unbelievers of BTC, they present it asive it is the end of the project.
Well, this is not really a big deal for us. What will matter is that you know how to take advantage the time when bitcoin crashes or losses as they say. Buy the dip and sell at the peak. But do not fall into sell off as you might be regretting at the end of the day.
But you'll also see the same description for even minor corrections or gradual downtrends. Might as well get used to it, though. It's not going to change any time soon.
Maybe this is the fact. It is not going to change any soon. I would have to get used to it. But when I hear the word crash, especially from the unbelievers of BTC, they present it asive it is the end of the project.
I understand what you are feeling here. For those noncrypto users, if they hear crash, definitely, they will panic or the impact is quite alarming for them. But you can't do anything much about that. If you are here in this market, you will hear it more often. Not an exaggeration of what's happening, but it is more of like the norm of saying when the market is going downhill.
But you'll also see the same description for even minor corrections or gradual downtrends. Might as well get used to it, though. It's not going to change any time soon.
Maybe this is the fact. It is not going to change any soon. I would have to get used to it. But when I hear the word crash, especially from the unbelievers of BTC, they present it asive it is the end of the project.
A "crash" is simply when the market price has decreased significantly, it says nothing about "failure" or anything negative like that. It simply indicates a certain size of the decrease in price. In this case about 40% which is indeed a crash.
"Loss" on the other hand is when you sell your bitcoin at a lower price that you've bought or sell it at a low price and don't buy back at lower or near the same price and are forced to buy it at a higher price. It has nothing to do with crash or price decrease. You can lose money this way even when price is rising 10% a day.
"Loss" on the other hand is when you sell your bitcoin at a lower price that you've bought or sell it at a low price and don't buy back at lower or near the same price and are forced to buy it at a higher price. It has nothing to do with crash or price decrease. You can lose money this way even when price is rising 10% a day.
So you want to mask what's really happening? Kind of sounds like a person that doesn't want to accept the reality of things, remember that euphemisms don't comfort you, it just makes you ignore the truth.
I think there's nothing wrong in using the word crash though. We've all been using it for a long time now every time a correction happens in Bitcoin. As you can see, crash doesn't necessarily mean failure. Even if you protest in changing this term for something, there's really nothing you can do about it since the majority use it quite often.
Of course there is nothing wrong with the word, it's just that OP is a widdle baby that he/she can't accept what the truth of the matter is which is sometimes really harsh. -snip
I think there's nothing wrong in using the word crash though. We've all been using it for a long time now every time a correction happens in Bitcoin. As you can see, crash doesn't necessarily mean failure. Even if you protest in changing this term for something, there's really nothing you can do about it since the majority use it quite often.
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For instance, if a coin has a very good support at $5 and in the future rose to $20 and later on drops to dollar $15 gradually, it should not be called a crash.
For instance, if a coin has a very good support at $5 and in the future rose to $20 and later on drops to dollar $15 gradually, it should not be called a crash.
Do you expect all of us to be traders and use this jargon when we describe our investment?
What you're proposing is a great example of euphemization.
It's like when you're talking to a child, saying the cat did not die, it just went to sleep and its soul left him and flew into the sky and it's going to wait there.
That's a very good example on how you can make a situation better than what it seems.
But in this life, we will encounter harsh environment and very few will bother not to be too blunt with the situation.
Just accept that people need direct realization of what the market is, because it is what it is.
We don't need to sugarcoat the situation. Just act accordingly and not be too emotional with it.
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For instance, if a coin has a very good support at $5 and in the future rose to $20 and later on drops to dollar $15 gradually, it should not be called a crash.
For instance, if a coin has a very good support at $5 and in the future rose to $20 and later on drops to dollar $15 gradually, it should not be called a crash.
Do you expect all of us to be traders and use this jargon when we describe our investment?
What you're proposing is a great example of euphemization.
It's like when you're talking to a child, saying the cat did not die, it just went to sleep and its soul left him and flew into the sky and it's going to wait there.
The same reason people always use sensationalist language. It attracts more attention. People repeat what they read. And, seemingly, the only way writers know to convince people to read something is to make it sound more dramatic than it really is. So people read a sensationalist headline and then go on to tell everyone else a hyped-up version of events.
Granted, on this particular occasion, some might argue it is an actual crash. But you'll also see the same description for even minor corrections or gradual downtrends. Might as well get used to it, though. It's not going to change any time soon.
Granted, on this particular occasion, some might argue it is an actual crash. But you'll also see the same description for even minor corrections or gradual downtrends. Might as well get used to it, though. It's not going to change any time soon.
I prefer like to use " Bitcoin price fall " or " bitcoin price go down " rather than crash. For me those word are more appropriate for the market situation. When bitcoin price fall it is mean that it can rise again, it is just temporary market condition. But any word that people use for bitcoin is not an important thing for me. I believe that bitcoin will be bigger than now, so even if there are some people out there that saying negative things about bitcoin then I will not trust it.
To me the word "crash" means and sounds like a total or woeful failure.
Yeah, I can picture this, something like:
I have some pretty good news for you, we have found a way for you to pay zero rent, you will not be bothered anymore by your neighbors, you will be able to move from city to city for cheap, you will no longer pay utilities, you will be able to sleep where your work, the only downside of this is that some really really awful people might call you homeless, but let's ignore this thing and be all cheerfully and supportive.
Damn, deja vu with those children's competitions when they give a participation trophy to every kid and not mention the place on them, not to stress them and be totally positive.
Honestly, all the scenario you painted got me laughing out loud.
Let me add to it swiftly, you meant it's just like telling a 5years old orphan that all the male adults(Uncles) in his family are his Fathers, thereby making him believe he has numerous dads, but in the real sense he is fatherless?
However, going by my scenario above; if the uncles of the boy could do everything that his dad does for him, I would be unwise and hurting to still call him fatherless.
I believe many of the people that mostly used such words may have participated in a ponzy projects that is associated with Bitcoin and crypto currency in general and maybe the site is no longer paying as a result of downward trend of Bitcoin at the moment.
Well, that's one reason that could make people perceive every fall in price as a crash. In hindsight, people who calls every dip a crash are people who have little to no knowledge about how the crypto market works. In my own understanding, when a market crashes, there's little to no chances of recovery after the crash but that's not the case with Bitcoin. That's why I always try to correct their narrative about Bitcoin since it's obviously a wrong one. People won't know until they are told.
when the price dips or crashes.. use the term:
discount day
the very best time to buy is at a crash
discount day
the very best time to buy is at a crash
Discount day works too but I try to stick to simple terms - dips is fine for me.
when the price dips or crashes.. use the term:
discount day
the very best time to buy is at a crash
discount day
the very best time to buy is at a crash
Although, I also don't like using the word "crash" when bitcoin price is falling and the word "correction" is usually more suitable for describing the market, it's not always wrong.
The word "crash" is used in all markets and it doesn't really mean failure or death. The price can be recovered even after a crash. To me, crash means a sudden big drop in price, like what happened in the past days or the March 12, 2020 price drop due to Covid-19 pandemic.
The problem here is that the mainstream media is usually against bitcoin and they are always waiting for a drop in price. They use the word "crash" even for a 5-10% drop in bitcoin price and try to make people avoid bitcoin.
The word "crash" is used in all markets and it doesn't really mean failure or death. The price can be recovered even after a crash. To me, crash means a sudden big drop in price, like what happened in the past days or the March 12, 2020 price drop due to Covid-19 pandemic.
The problem here is that the mainstream media is usually against bitcoin and they are always waiting for a drop in price. They use the word "crash" even for a 5-10% drop in bitcoin price and try to make people avoid bitcoin.
That's okay to use crash.
The stock market has also that thing but we never see people being corrected or suggesting a new thing. That's okay too to use losses too if you really are a holder or investor.
What matters most is that you're holding during the crash and you're holding it stronger.
The stock market has also that thing but we never see people being corrected or suggesting a new thing. That's okay too to use losses too if you really are a holder or investor.
What matters most is that you're holding during the crash and you're holding it stronger.
Well, there is nothing wrong that I have seen if someone will use the word crash, that is crash it means bitcoin had down. But I did not use this word, mostly I prefer calling [a short correction]. Whatever the word you will use, still it appears the same meaning on it.
Even your suggestion was not right, losses on bitcoin price are, not just accurate too, calling it [market corrections] will feel better for now.
However, this is not necessary to ask a question, it should be how to recover if there is your fund while there is a market correction.
Even your suggestion was not right, losses on bitcoin price are, not just accurate too, calling it [market corrections] will feel better for now.
However, this is not necessary to ask a question, it should be how to recover if there is your fund while there is a market correction.
To me the word "crash" means and sounds like a total or woeful failure.
Because a crash is a crash!
There was a crash in 1929 and the world did not end nor did stock trading but it was still considered a crash. We had another one in 1987 and although again the world didn't end nor did trading it was still a crash. We recently had an oil crash, a collapse, a black Monday or Friday or whatever that day was or how you want it to call but again it was not a total failure, things resumed, and look, one year after we're again at 60+ per barrel.
If the market is on the negative side(losses) there should be some other friendly words to calm the situation to lay man, rather than using the word "crash" which seems like a perpetual exaggeration or failure.
Yeah, I can picture this, something like:
I have some pretty good news for you, we have found a way for you to pay zero rent, you will not be bothered anymore by your neighbors, you will be able to move from city to city for cheap, you will no longer pay utilities, you will be able to sleep where your work, the only downside of this is that some really really awful people might call you homeless, but let's ignore this thing and be all cheerfully and supportive.
Damn, deja vu with those children's competitions when they give a participation trophy to every kid and not mention the place on them, not to stress them and be totally positive.
If you have friends who are yet to accept BTC, the way they talk about BTC when ever there is a dip will make you think that BTC project has ended.
They will be like, "I heard BTC has crashed"
To me the word "crash" means and sounds like a total or woeful failure.
If the market is on the negative side(losses) there should be some other friendly words to calm the situation to lay man, rather than using the word "crash" which seems like a perpetual exaggeration or failure.
For instance, if a coin has a very good support at $5 and in the future rose to $20 and later on drops to dollar $15 gradually, it should not be called a crash.
They will be like, "I heard BTC has crashed"
To me the word "crash" means and sounds like a total or woeful failure.
If the market is on the negative side(losses) there should be some other friendly words to calm the situation to lay man, rather than using the word "crash" which seems like a perpetual exaggeration or failure.
For instance, if a coin has a very good support at $5 and in the future rose to $20 and later on drops to dollar $15 gradually, it should not be called a crash.
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