Post
Topic
Board Bitcoin Discussion
Re: Can we overcome the hard times?
by
denzkilim
on 11/11/2018, 08:47:20 UTC
Hey guys, what do you think, can we be strong, and overcome this hard times when everything is red? How soon we will finally see bitcoin growing?
This is not the first time we have been in this kind of situation. We have been in worst situations before, like after the Mt. Gox heist wherein the price suddenly plummeted and all hope was lost. The bear market went on for like a year or two, but hodler didn't give up during that hard times and we see that after a couple of years, bitcoin started to recover and the price push to its all-time-high last year ($19k++). So yes, we will see bitcoin growing again, its just a matter of time. On the bright side, this is accumulation period for most of us so, I suggest you do that as well.
A real hodler ignore any negativity the spreads all over the Crypto Currency realm even those hard dips and FUD's spreading like a mushroom that sprouts from nowhere. Hard times will be really hard times if a person look at it that way with pure negative thoughts in their minds this is the common struggles of people that expect too much on their investments and when hardship struck them they will easily get overpowered by their emotions and most of the time they can't control it and get depressed on what's happening. A bear market is expected in this kind of industry in multiple times and a good investor should know about that because of the nature of this industry.
Most of the people/investors should learn that not all investment can turn out to multiple folds of profits and if a person entered this digital world of investing with a greedy heart usually these people end up miserable. Always remember the golden rule to invest only what you afford to lose and don't expect too much, in this way you won't get too much affected whatever happens. Cool