Post
Topic
Board Bitcoin Discussion
Re: I am worried!
by
hilariousetc
on 16/01/2018, 10:21:00 UTC
Everyday, more and more fud are being spread all throughout the internet because of the recent happenings on bitcoin. Which causes the prices to decrease even more. Even when they do not have enough knowledge about bitcoin peole believe them because they are famous. I think this will be bad for bitcoin. Specially for newbies that only bought bitcoins for greed and don't understand how it works. They will surely panic sell and also spread fud about bitcoin because they lost capital because of their stupidity. This really is a but scary. But i sure won't be selling my bitcoins no matter what.

There's nothing you can do about others panicking but this uncertainty is just part of bitcoin now and for newbies not used to it a lot of them get worried when they look like they might be losing all their money and cash out when they can but that's just weak hands for you. If you're in it for the long-term then you shouldn't have anything to worry about and once the dust has settled the value will likely climb back up as it usually does, but nothing is ever guaranteed. You said you won't be selling your coins no matter what and mentioned other's greed, but I'm guessing you do have some sort of value in mind that you would sell at because what else are you going to do with them? Hold til you die? I think you seem to be worrying about the value of bitcoin just as much as the others who panic and sell are but remember greed works both ways especially if you're overly concerned merely about the fiat value of bitcoin short term.