- Aug 2, 2019
- 212
- 50
Should we be scared ?
- Thread starter awesomewebsites
- Start date
Flood Gates
Senior Member
- Jul 11, 2019
- 854
- 294
No. Hold hold hold and buy more. And I repeat hold hold hold. Fear is the driver for terrible decision making. So don't panic. Turn off your heart and open your eyes and ears. Look at old patterns to reassure yourself. Crypto ALWAYS repeats itself.
starcity83
Senior Member
- Jun 30, 2011
- 915
- 620
Not much choice but to hodl for me. Maybe one day it will go to $1,000,000
hkhkhkhkhk123
Regular Member
- May 26, 2021
- 412
- 147
nah, you need to think it the other way around. Say, do you worry about the price of your estate everyday? It is up 30%, it is down 30%. So, what the fuck does it have to do with you? Will you sell it when it is up 30%? No, because that's where you fucking live. That's the philosophy with BTC.
Thriveink
Junior Member
- Jul 23, 2020
- 129
- 80
Finally reached $20k as expected.
- Dec 31, 2017
- 3,515
- 2,685
Why so fucking happy lol
Thriveink
Junior Member
- Jul 23, 2020
- 129
- 80
Lol.. I'm not happy but I'm considering this as a opportunity to invest in crypto at this price. If it came below $19k then $12k is the last support level.
- Dec 31, 2017
- 3,515
- 2,685
If Michael Saylor HODLs won't touch the $19k....otherwise we are fucked lol
Cryptopunk
Regular Member
- Mar 16, 2022
- 307
- 148
Donkeys buy during bullmarkets, builders build during bear markets
Investing is a game for ppl with diamondhands , not paper hands.
But my personal preference is building, it has the B from billionaire
Coinbase was built during a bear market , ethereum as well .
Massive opportunity now, for ppl that have money they can afford to lose and have 4 year patience, dollar cost average is the answer
Investing is a game for ppl with diamondhands , not paper hands.
But my personal preference is building, it has the B from billionaire
Coinbase was built during a bear market , ethereum as well .
Massive opportunity now, for ppl that have money they can afford to lose and have 4 year patience, dollar cost average is the answer
- Dec 31, 2017
- 3,515
- 2,685
hkhkhkhkhk123
Regular Member
- May 26, 2021
- 412
- 147
this time, proper fucked.
- Jun 16, 2020
- 3,387
- 3,362
DCA DCA DCA for the next 4 years
Cryptopunk
Regular Member
- Mar 16, 2022
- 307
- 148
True and that's why they don't get rich, Warren buffet held on to stocks for 20 plus years, he's a goat. But this generation think its easy to do what he did in months?I think more then 95% of people don't have this
Cause they're crypto bulls/moonboys during a bull market and then dropship gurus when there is a bear market.
If ppl can be patient for 10 years and are ready to learn and build, I truly believe they can earn money from the blockchain.
Vitalik was a broke writer for a blog not so long ago, it didn't take him 10 years from that moment, to be able to donate billions to India in the covid crisis .
More than Elon or bezos did.
Because he had patience, he invested in education, and he also Built!
hkhkhkhkhk123
Regular Member
- May 26, 2021
- 412
- 147
This is golden. I literally laugh my ass off.
ranga
Senior Member
- Aug 9, 2009
- 800
- 628
Lets talk about Market Psychology and who would think of buying BTC at this point:
Bread and Butter i.e. People who use BTC as medium of exchange and not investment of speculation: If I buy BTC today and make payment tomorrow, I will loose money, so buy it at last moment before payment.
Investor: Most are already burned a lot and new investor don't have any trust left in crypto.
Trader: Already burned on buying, but can trade on shorting, increasing downside.
Whenever, a downturn comes there are in market astute investors who start buying at lower levels. Now in equities, companies are adding value, they pay dividends and they generate wealth. But BTC is just a medium of exchange. So less chances of astute investor kicking in and buying. This is why BTC is falling without support as of now.
Also, most are just sitting on sidelines and enjoying the show. The supposedly shortage of total no of BTC is now converted into a surplus. Because if people have lost trust and not willing to buy then BTC have 21 million coins too many.
BTC is no longer required as a medium of exchange, people can use other crypto or USDT for now. So there is no lowest level of pyramid support for this pack of cards.
Bread and Butter i.e. People who use BTC as medium of exchange and not investment of speculation: If I buy BTC today and make payment tomorrow, I will loose money, so buy it at last moment before payment.
Investor: Most are already burned a lot and new investor don't have any trust left in crypto.
Trader: Already burned on buying, but can trade on shorting, increasing downside.
Whenever, a downturn comes there are in market astute investors who start buying at lower levels. Now in equities, companies are adding value, they pay dividends and they generate wealth. But BTC is just a medium of exchange. So less chances of astute investor kicking in and buying. This is why BTC is falling without support as of now.
Also, most are just sitting on sidelines and enjoying the show. The supposedly shortage of total no of BTC is now converted into a surplus. Because if people have lost trust and not willing to buy then BTC have 21 million coins too many.
BTC is no longer required as a medium of exchange, people can use other crypto or USDT for now. So there is no lowest level of pyramid support for this pack of cards.