Important point is to see Bitcoin or other crypto currencies as an investment channel. Some people tend to see crypto world as easy money making area and they put everything they have, which (in my opinion) is completely wrong. Managing your budget gives you the strenght to hold your invesments. Maybe you will get upset when the price goes down, but you won't care about that since you are holding it strong.
Even though the market is low right now, we are not in a bear period. If Bitcoin stays below 29 thousand, then we will have experienced the bear with some trouble.
This title, 'Some Hesitates to Buy Bitcoin, Fearing the Bear Market' caught my attention.
Some of those mentioned people will say that when bitcoin increased, it increased a lot and it is not taken anymore. But they still don't understand the focus. The important thing is to store bitcoins. How many bitcoins do you have? This is the important question. If you want, buy it for $ 60,000 or at the current level. Of course it's good to buy low, but you can't know the bottom point. can't know the bottom point nobody. That's why we have to put our worries aside and take our place in this technology.
Thank you for this valuable article and comments, Sylvain.
Investment always carries risk. So we have to buy with money that we don't need. If we sell our house or our car, we'll be disappointed with the dream of doubling our money.
If we buy piecemeal with the money we have saved, we will not be disappointed. I made the purchase when bitcoin was 60k. I bought it when I was 30k. I'm still buying. Sometimes $ 10, sometimes $ 20. The amount doesn't matter. The important thing is to act with a plan. If you have a plan, you don't lose. You lose today, but you wait because you have a plan.
Bitcoin, which followed a horizontal course in the morning hours, is priced at $ 32,914. After the FUD news from China yesterday, it caused a general withdrawal movement in the market, especially Bitcoin.
Although the decline was relatively weak according to the effect of previous FUD news, we saw a Bitcoin movement that receded to the level of 32 thousand dollars. When we look at the chain data, the 1% decrease in the number of new addresses in the last 24 hours shows that new investors have decreased in Bitcoin, but it is not at a disturbing level.
In addition, when we analyze the net inflows / outflows in the stock markets, the net BTC outflow of 119 million dollars can be interpreted as positive. Uncertainty in the direction continues in the short term.
Finally, because I believe in the Bitcoin revolution, I accept the notion of accumulating more.
The 4 tips you have given in the article is a really great guide for Bitcoin.
In the short term, we need to continue Hodling without being deceived by the surrounding noise. I do not understand those who act impatiently and sell at a loss.
The HODL rule works best in bitcoin and always saves JUST HODL! .
If something is constantly rising or falling, there is a problem with that thing, sometimes it needs to take a break and rest, we call it a bear market, but bitcoin has become very strong and short rests are enough for it, it will continue to run soon.
When Bitcoin was moving between 7K and 10k in 2018/2019 people were worried. Bitcoin dips a toe in the 20K's and people panic! Just be happy we aren't sub 20K, buy the dips and kick back!
Following all this steps since 2015 and Believe me i never looked back or regretted investing in BTC and i will suggest anyone reading this comment to follow all the given tips and keep in mind that if you have patience then you will never regret investing in any good project but if you don't have patience you will regret it ( A bitter truth to accept )
Tactic is very simple hold hold hold
big companies started buying btc after bitcoin dropped to 30k, even this is proof that btc is a very solid coin
I don't understand graphics but I believe in technology and btc means our future
Another great Bitcoin article.
Important point is to see Bitcoin or other crypto currencies as an investment channel. Some people tend to see crypto world as easy money making area and they put everything they have, which (in my opinion) is completely wrong. Managing your budget gives you the strenght to hold your invesments. Maybe you will get upset when the price goes down, but you won't care about that since you are holding it strong.
Everything is about your will and management!
Thanks Sylvain.
Even though the market is low right now, we are not in a bear period. If Bitcoin stays below 29 thousand, then we will have experienced the bear with some trouble.
This title, 'Some Hesitates to Buy Bitcoin, Fearing the Bear Market' caught my attention.
Some of those mentioned people will say that when bitcoin increased, it increased a lot and it is not taken anymore. But they still don't understand the focus. The important thing is to store bitcoins. How many bitcoins do you have? This is the important question. If you want, buy it for $ 60,000 or at the current level. Of course it's good to buy low, but you can't know the bottom point. can't know the bottom point nobody. That's why we have to put our worries aside and take our place in this technology.
Thank you for this valuable article and comments, Sylvain.
Investment always carries risk. So we have to buy with money that we don't need. If we sell our house or our car, we'll be disappointed with the dream of doubling our money.
If we buy piecemeal with the money we have saved, we will not be disappointed. I made the purchase when bitcoin was 60k. I bought it when I was 30k. I'm still buying. Sometimes $ 10, sometimes $ 20. The amount doesn't matter. The important thing is to act with a plan. If you have a plan, you don't lose. You lose today, but you wait because you have a plan.
Thanks for the nice post. Good reading.
I agree with you. Patience is very important. The key to winning.
A person who understands Bitcoin doesn't look too much at its price anyway. They'll look, but when they get it.
New technology and new money. I think the number of Bitcoin will be important in the future. I don't understand those who are afraid.
The world will turn to bitcoin. Then those who are afraid will panic to take it. Fields from 60k says sell while 30k. It's funny to me.
I hope what I said is true . And I will be writing here in a very different future.
I love your articles.
Thank you .
Have a nice day.
Thanks for the tips Sylvain!
Bitcoin, which followed a horizontal course in the morning hours, is priced at $ 32,914. After the FUD news from China yesterday, it caused a general withdrawal movement in the market, especially Bitcoin.
Although the decline was relatively weak according to the effect of previous FUD news, we saw a Bitcoin movement that receded to the level of 32 thousand dollars. When we look at the chain data, the 1% decrease in the number of new addresses in the last 24 hours shows that new investors have decreased in Bitcoin, but it is not at a disturbing level.
In addition, when we analyze the net inflows / outflows in the stock markets, the net BTC outflow of 119 million dollars can be interpreted as positive. Uncertainty in the direction continues in the short term.
Finally, because I believe in the Bitcoin revolution, I accept the notion of accumulating more.
The 4 tips you have given in the article is a really great guide for Bitcoin.
In the short term, we need to continue Hodling without being deceived by the surrounding noise. I do not understand those who act impatiently and sell at a loss.
Thanks for the analysis and tips, you are really helpful.
I hope one day people will realize that this is nothing to be afraid of.
Thanks for the article.
I enjoyed this publication. Although I have not been in crypto since 2017 I completely agree with these 4 tips. Well done!
You provide good information and analysis about Bitcoin's potential in these challenging days.
You reduce people's current anxiety and fear.
Thank you for helping them see the truth.
Having a long term view on Bitcoin makes it easier to handle when prices go nuts.
HODL and enjoy your future.
You give good information and tips, Sylvain.
If I see a Bitcoin enemy, I say don't meet Sylvain. :)
Thanks for the article.
The HODL rule works best in bitcoin and always saves JUST HODL! .
If something is constantly rising or falling, there is a problem with that thing, sometimes it needs to take a break and rest, we call it a bear market, but bitcoin has become very strong and short rests are enough for it, it will continue to run soon.
Thank you for your informative articles.
Bitcoin is future
When Bitcoin was moving between 7K and 10k in 2018/2019 people were worried. Bitcoin dips a toe in the 20K's and people panic! Just be happy we aren't sub 20K, buy the dips and kick back!
Following all this steps since 2015 and Believe me i never looked back or regretted investing in BTC and i will suggest anyone reading this comment to follow all the given tips and keep in mind that if you have patience then you will never regret investing in any good project but if you don't have patience you will regret it ( A bitter truth to accept )
Thanks Sylvain For an Awesome Article !!
Bitcoin ❤️