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Author Topic: I do not understand the pessimism  (Read 502 times)
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July 27, 2018, 07:56:39 AM
 #101

Many people just want to make a profit and that's why they are bored in a market where there is no growth.
I think so. That's why they really make a quick profit and a quick cut loss in order to not to make a bigger loss so the price won't cchange like 2017.

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July 27, 2018, 07:59:16 AM
 #102

Many people just want to make a profit and that's why they are bored in a market where there is no growth.

To an extent yes it is correct because those who are daily or short term trader they require daily movement in order to execute trade which is not happening and thus this discourage them to trade. But for long term perspective slow growth is a good option

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July 27, 2018, 08:24:09 AM
 #103

I think pessimists here are just sore losers. Disappointed that they didn’t got rich quickly. Worry not, soon they’ll realise that they’re just wasting their time being here and just leave.

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July 27, 2018, 12:54:58 PM
 #104

I think most of these are newbies trying really hard make themselves believe that they can be millionaires here even if they just joined recently.
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August 02, 2018, 04:55:41 AM
 #105

yeah the memories of a bubble burst made investors afraid to buy bitcoin and they continued to buy bitcoin Because of the limited supply and interest in bitcoin, more and more made bitcoin recover from the bursting of the bubble
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August 02, 2018, 05:33:58 AM
 #106

Any work that can bring good money requires a lot of effort and professionalism. And if any person with the street decided to do business in the crypto currency, he will certainly lose all the money. This business needs to learn and gain experience for several years. Crypto currency is a business that brings a good income. Learn it and earn it
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August 02, 2018, 05:39:39 AM
 #107

Hello everyone,

I just registered but of course I am a long-time cryptocurrency watcher.

What I do not understand is why most people are so pessimistic and talk about "these hard times for *coin".

If you look at the growth chart from the beginning of cryptocurrency, you will realize that even now, the Bitcoin is a bit over-valued. It is not "in the red" by any stretch. What was in the last few months was a bubble, an anomaly which may have been exploited only by the very few, just like in the real currency or valuable asset world.

You want a cryptocurrency to be stable, just like the real currencies. Only then will it be trusted and invested in by the big players. Any asset in which you make money like winning the lottery every day is bound to crash.

In my opinion the Bitcoin is just now approaching a "healthy" status. Making money from Bitcoin will be just as hard as making money from real currency trading.

For more money, just you just have to work...Smiley

My 2 satoshis...

it is true what you say in your opinion because the risk gained in the investment is large enough but I think the greater the risk if we can make good use of all the opportunities will certainly make a big profit too

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August 02, 2018, 07:00:03 AM
 #108

Don’t try to understand why pessimists are the way they are. There’s nothing much you can do about it anyway. Just be thankful you’re not one of them.  Cheesy

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August 02, 2018, 07:16:45 AM
 #109

Pessimism is only for people who do not know Crypto history and do not understand, they just want to get instant money and success, but in reality all that requires a process in the real world or crypto world nothing is instant, if they think joining Crypto can be rich and successful, obviously that's wrong thinking.

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August 02, 2018, 07:22:39 AM
 #110

Pessimism occurs because of lack of confidence and fear of loss, and doing something without having enough knowledge about what to do. For that I think I understand about bitcoin, and learn the cause of bitcoin price movement as well as the factors that cause the fall or rise in price, then invest by using the money we have according to the ability and do not take a loan money just to buy bitcoin, hoping the big profit finally we suffer losses due to anxiety and pessimism.


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August 02, 2018, 08:30:29 AM
 #111

The reasons are quite obvious. I sure don't know them all but I will mention two. There is the pessimism that is unintentional. This comes mainly from newbies. These guys when introduced to bitcoin were told that it was a quick money-making scheme. Alas, on investing a few dollars, they didn't seem to see the returns they were promised. Hence the pessimism and alarm raising. But there's also the intentional pessimism. This comes from pros who share negative opinion in order for the value to drop. This way they can buy at ridiculous rates and watch the profit rush in. Hope this was quite helpful.
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August 02, 2018, 08:35:04 AM
 #112

personally, i think people are afraid of taking risks. therefore, they can not be optimistic all the time
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August 02, 2018, 08:51:33 AM
 #113

People have no nerves and time to wait. They are angry when it is low and it doesn't go up for months. Trading and investing in crypto currencies isn't a sport for everybody. The pessimism and anger can't do much here.

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August 02, 2018, 09:16:16 AM
 #114

Hello everyone,

I just registered but of course I am a long-time cryptocurrency watcher.

What I do not understand is why most people are so pessimistic and talk about "these hard times for *coin".

If you look at the growth chart from the beginning of cryptocurrency, you will realize that even now, the Bitcoin is a bit over-valued. It is not "in the red" by any stretch. What was in the last few months was a bubble, an anomaly which may have been exploited only by the very few, just like in the real currency or valuable asset world.

You want a cryptocurrency to be stable, just like the real currencies. Only then will it be trusted and invested in by the big players. Any asset in which you make money like winning the lottery every day is bound to crash.

In my opinion the Bitcoin is just now approaching a "healthy" status. Making money from Bitcoin will be just as hard as making money from real currency trading.

For more money, just you just have to work...Smiley

My 2 satoshis...

What you are saying is contrary to the whole reason bitcoin was Invented.  If Bitcoin have a stable value then people have no option than to keep their money in fiat.

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August 02, 2018, 09:32:44 AM
 #115

There are various purposes and intends for which people venture into crypto. To be optimistic or pessimistic about how bitcoin operates is a matter of choice. Just like the real world, people decides what to do and what not to do with their money.
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August 02, 2018, 09:59:26 AM
 #116

The period we are in now is a stability period for bitcoin. As you clearly stated, currencies stability will make more healthier and attract more investors because that's when people will beginning to have confident in the whole cryptosystem.
We can never sideline pessimist from cryptocurrencies because its in is developing stages where a lot of reactions will come from different angles.

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August 02, 2018, 10:03:26 AM
 #117

If you are the ones who buy at a higher price and now the price is steadily declining. The problem is that they all get things without a proper understanding of the crypto market, they are now frantically watching their coins fall, thinking that prices will not recover.
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August 02, 2018, 10:08:21 AM
 #118

All currencies have ups and downs and this can not be avoided. I think that now is not the best time in the market for cryptocurrencies, but this does not exactly mean their end or that we no longer need to believe in them.

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August 02, 2018, 10:09:40 AM
 #119

I don't want Bitcoin to be stable. If Bitcoin had been stable it would have stayed on the same 10$ per coin or whatever level forever. We reached new ATH because Bitcoin has been volatile. And in order to reach new heights this process must go on. Pessimists are just people who want to become filthy rich overnight.
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August 02, 2018, 10:10:42 AM
 #120

There is no panic on the market at the moment! I think very soon bitcoin will begin to grow and bring excellent income !

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