Quote from: NavI_027 on August 17, 2018, 01:09:05 AM

Quote from: Kay94 on July 25, 2018, 11:43:01 AM

I have seen that most people investing now in BTC are afraid of loosing some amount of money when the price declines.

Well, I can say that I do not belong to that "people" you are pertaining simply because I encountered hard times like this before and I get used to it already. I'm not saying that I'm a fearless veteran in crypto world, I'm just patiently waiting and well enlightened on the DOs and DON'Ts in this kind of situation, as simple as that. That's my key to avoid losses.

The word "people" is broad which may be composed of old and new investors. I think much appropriate to use "beginners" because they are the one who really suffers when btc drops due to their carelessness. They are the one who usually panic when suddenly a red flag shows (even though not a huge one) and sell instantly without even thinking if it is the right or not. Oldies don't do the same thing.

Quote from: Kay94 on July 25, 2018, 11:43:01 AM

I have sat down and realise that no matter how BTC decreases in price I have nothing to loose and I don't care about it because for the past months I joined this forum have seen much teachings and education from the crypto enthusiast.

I'm a little bit confused. You mean you really don't care if you loose money? If yes then it's so impractical. Dude you can make profits and have a healthy life here in the forum at the same time, remember that

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To me I do care, because I have a good investment in bitcoin and I am only expecting that bitcoin price will increase too much and will surely give me a good profit. Although I am holding bitcoin for a long time may be I will continue holding it for next few years, but still it give me much hope when bitcoin price move ahead.

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