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Version 2
Last scraped
Scraped on 27/08/2025, 21:23:58 UTC
Well for me I do not want to think of the fomo and the fud. I am a longtime hodler so for me the short term price does not make me feel anyway. I will just not look at my wallet if we are in a 'bear market'.
Bitcoin is so volatile there i always going to be alot of dips. If we feel the pressure then we should not be investing so much in it. I do like when there is a chance for me to stack cheap sats if the price does go down.
Bitcoin is so volatile there i always going to be alot of dips. If we feel the pressure then we should not be investing so much in it. I do like when there is a chance for me to stack cheap sats if the price does go down.
I'm exactly the same. With a long term outlook the short term volatility dont
stress me at all, I have 8 years of experience and havent reacted to the market
falls in about 7 of them! I turn the potential negativity into something positive by
buying the dips (not every time but when I can)
Quote
-other people are negative
-red candles induce fear of the unknown. What if it goes down more and never stops?
-downtrend makes you feel like the whole investment is somehow flawed and endangered
-you don't know what's up, but maybe others do? Maybe you should follow the group? Do what others are doing?
It's funny, but some of my friends told me that they'd feel better if they sold just a bit, even 10% of their coins and that would make them feel better and safer. According to them, selling a small amount would calm them down.
-red candles induce fear of the unknown. What if it goes down more and never stops?
-downtrend makes you feel like the whole investment is somehow flawed and endangered
-you don't know what's up, but maybe others do? Maybe you should follow the group? Do what others are doing?
It's funny, but some of my friends told me that they'd feel better if they sold just a bit, even 10% of their coins and that would make them feel better and safer. According to them, selling a small amount would calm them down.
If 100% of my life savings were invested in BTC I would be a little bit nervous every time the Bitcoin price drops by 10-20%.
Fortunately, most of my life savings are invested in less volatile assets. I have a relatively low risk tolerance and I'm definitely not one of the traders/investors, who have "balls of steel" and would never sell(even if the price drops down to 20K or below).
I totally understand the traders, who are feeling the urge to sell when the price drops. I also had the same mentality several years ago. This made me sell lots of BTC at the wrong price.
In trading/investing, following a group is the worst advice ever. Warren Buffet shared the opposite advice. When others are greedy, be fearful, when others are afraid, be greedy.
I have been there, back in 2017 when the market dropped from ~$20k to
less than $4k weeks later - I HODL'd so now dips like this dont move me at all!
I'm fascinated by psychology and how people react to this by receiving the mood and amplifying it themselves.
Let's say you are a person with 10BTC bought at $80k. When we went to 100k you sold some of it, like 20%, so you now have 8 BTC. It went to 124k and now is down to 111k. Logic dictates that you should be happy with 0 pressure to sell because you're nowhere near a loss and the price is above your last sell, and far above your buy, yet in reality you will most likely be unhappy and feel like you should sell more. Why?
Let's say you are a person with 10BTC bought at $80k. When we went to 100k you sold some of it, like 20%, so you now have 8 BTC. It went to 124k and now is down to 111k. Logic dictates that you should be happy with 0 pressure to sell because you're nowhere near a loss and the price is above your last sell, and far above your buy, yet in reality you will most likely be unhappy and feel like you should sell more. Why?
I recon most people cant read the markets, cant read the charts and dont have
the experience. So they are torn between all the different opinions from
various media channels and dont know what to do which causes stress.
If in doubt HODL
Version 1
Scraped on 27/08/2025, 20:59:02 UTC
Well for me I do not want to think of the fomo and the fud. I am a longtime hodler so for me the short term price does not make me feel anyway. I will just not look at my wallet if we are in a 'bear market'.
Bitcoin is so volatile there i always going to be alot of dips. If we feel the pressure then we should not be investing so much in it. I do like when there is a chance for me to stack cheap sats if the price does go down.
Bitcoin is so volatile there i always going to be alot of dips. If we feel the pressure then we should not be investing so much in it. I do like when there is a chance for me to stack cheap sats if the price does go down.
I'm exactly the same. With a long term outlook the short term volatility dont
stress me at all, I have 8 years of experience and havent reacted to the market
falls in about 7 of them! I turn the potential negativity into something positive by
buying the dips (not every time but when I can)
Quote
-other people are negative
-red candles induce fear of the unknown. What if it goes down more and never stops?
-downtrend makes you feel like the whole investment is somehow flawed and endangered
-you don't know what's up, but maybe others do? Maybe you should follow the group? Do what others are doing?
It's funny, but some of my friends told me that they'd feel better if they sold just a bit, even 10% of their coins and that would make them feel better and safer. According to them, selling a small amount would calm them down.
-red candles induce fear of the unknown. What if it goes down more and never stops?
-downtrend makes you feel like the whole investment is somehow flawed and endangered
-you don't know what's up, but maybe others do? Maybe you should follow the group? Do what others are doing?
It's funny, but some of my friends told me that they'd feel better if they sold just a bit, even 10% of their coins and that would make them feel better and safer. According to them, selling a small amount would calm them down.
If 100% of my life savings were invested in BTC I would be a little bit nervous every time the Bitcoin price drops by 10-20%.
Fortunately, most of my life savings are invested in less volatile assets. I have a relatively low risk tolerance and I'm definitely not one of the traders/investors, who have "balls of steel" and would never sell(even if the price drops down to 20K or below).
I totally understand the traders, who are feeling the urge to sell when the price drops. I also had the same mentality several years ago. This made me sell lots of BTC at the wrong price.
In trading/investing, following a group is the worst advice ever. Warren Buffet shared the opposite advice. When others are greedy, be fearful, when others are afraid, be greedy.
I have been there, back in 2017 when the market dropped from ~$20k to
less than $4k weeks later - I HODL'd so now dips like this dont move me at all!
Original archived Re: Feel the pressure?
Scraped on 27/08/2025, 20:53:42 UTC
Well for me I do not want to think of the fomo and the fud. I am a longtime hodler so for me the short term price does not make me feel anyway. I will just not look at my wallet if we are in a 'bear market'.
Bitcoin is so volatile there i always going to be alot of dips. If we feel the pressure then we should not be investing so much in it. I do like when there is a chance for me to stack cheap sats if the price does go down.
Bitcoin is so volatile there i always going to be alot of dips. If we feel the pressure then we should not be investing so much in it. I do like when there is a chance for me to stack cheap sats if the price does go down.
I'm exactly the same. With a long term outlook the short term volatility dont
stress me at all, I have 8 years of experience and havent reacted to the market
falls in about 7 of them! I turn the potential negativity into something positive by
buying the dips (not every time but when I can)