Quote from: Baoo on April 04, 2023, 10:33:45 PM

Quote from: tjtonmoy on April 04, 2023, 07:18:41 PM

Quote from: Kalchef on March 27, 2023, 01:27:15 PM

Market manipulators must have made me want to wet my pants, in the past years there are many FUD about Bitcoin, calling it another bubble, this could have made me give up.

We all have our demons too, I could have listened to them, saying, sell, sell, sell, you dummy, this thing is going to die and you will lose all your capital.

This is why it is important to enter the market only after you are able to control your emotions properly. Those 2 things you mentioned are the side effects of listening to your emotions. As human, we make mistakes and we learn from it. So it is important for newbies to start with small assets too. If you are going to lose, then lose small and learn from it.
And experiencing this is not a bad thing. It helps clear out weak holders from the market and gives us the opportunity to fill our bags with DIPs. And also there's this advantage of learning from the mistakes. You did a good job OP for not listening to your emotions and keeping a strong belief on your decision. Keep it up.

Exactly, it is really essential to control your emotions especially in tough moments. Otherwise, you will lose a lot of money. For me, I would rather disconnect myself from social media news than be manipulated and affected by them despite it is really important to be updated but unfortunately the media is full of fake news , you cannot easily know what’s real.
I have seen a statistic before it said 2 from 3 news are fake. So you have to be careful and recheck the news before making any decisions.

Moreover, if you believe in Bitcoin, then it will never disappoint you. Despite the market is kinda volatile but it certain that everything will get better as soon as possible, it might take weeks or months. We don’t know when but we are pretty sure that it will happen. Keep investing until Bitcoin increases significantly again.

Even most of the news which are real are presented in a way which could cause the biggest impact to the ones reading, then it is important to know very well why we are invested in bitcoin and to have clear long term goals, otherwise one of those news will eventually make our emotions fluctuate and cause us to doubt our decision to be invested in bitcoin, and if that happens then it is almost a certainty that at some point you will make a mistake and sell your coins before you reach your goals.