Re: DON'T PANIC. HOLD YOUR BITCOIN.

Quote from: swaptaker on January 18, 2018, 11:56:28 PM

Quote from: bhadz on January 18, 2018, 10:59:21 PM

Newbies in cryptocurrency should read this encouragement. This is what they need to see and read other holders opinion on what to do during the dips so instead of panic selling they will just calmly hold their bitcoins. But for now, they had to learn from that mistake of panic selling and take this dip in a positive way where you can buy a lot of altcoins but mostly with bitcoin in a discounted moment.

Quote from: Innewith on January 17, 2018, 10:46:53 AM

I felt panicked only on the first day. However, after that just relax. I do not need to worry about declining bitcoin price, because my goal of investing in bitcoin is to see bitcoin above $25K. Whenever the time, I will survive to hold it.

You are tempt to sell because you are monitoring the price when its going down.

They can't act responsible in bitcoin trades because they chase quick profit that will come from coins instantly. They make panic selling on the exchangers by reducing the price. Just pitty for them.

It's either they are newbie or they can't control their emotions. It's not about they chase quick profit but it's about they can't take it while seeing their bitcoins to reduce in terms of value. Most of the knowledge that I've gathered about holding, enduring the corrections and don't panic sell came from this forum and no one did ever told it to me IRL. I don't pity them but it will be lesson learned later on when they started to see bitcoin breaking a price wall on $20,000.