I do not understand the pessimism

[audaciousbeing]

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...

My 2 satoshis...

I'm every market, people will panic, others will be pessimistic, some others again will be optimistic its part of the dynamics of the market. For the fact that to you bitcoin price is still green, does not mean it has to be for others. Just like the forum here, when some other people are just waking up to their activities, some are about to go to bed while others are in their mid-day.

For those who bought from the beginning of last year till say middle of the year, there is no reason to panic they are just being greedy for excessive profit and carried away with how the balance in dollars was soaring high by the day. But the same cannot be said of those who bought from December down to last month compared to what price is trading at now. Its surely a trying time.

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[MikeGandara]

This was an interesting post. The problem in the market right now is there are a lot of newbies and they are not patient enough with Bitcoin. We have to trust the coin and be patient with it to gain profit.

[penetrak]

Also, i am not a pessimist on the issue of BTC. In the past, these bubbles were made repeatedly and irregularly repeats. It is it possible for them to earn extra lot of money, but it's mostly an exception than the rule. The stability period is predominant, as it is in the financial sector, for example, in stock exchanges and the banking sector. At the time of BTC stability, better earnings can be obtained from BTC derivatives, which are altcoins.

[carlisle1]

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...

My 2 satoshis...

Youve got a right point on this one mate,that bitcoin price if we will only track back the price is higher on what is necessary and this is needed to be realized by those who's reacting exaggerated about this issue

The only problem is why the pumps happening and after just some times it will dump again hugely so theres a speculative idea about manipulating

[nmax21]

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...

My 2 satoshis...

The bitcoins had high hopes for many investors, after he reached 20,000, even the most cautious of them was waiting for 50,000, so many are so pessimistic.

[TheGodFather]

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...

My 2 satoshis...

The pessimism is centered around the fact that as bitcoin and the cryptocurrency market has been able to go the distance with their value and high market price. But as time passes and progresses there was a considerable decline and defradation from the saturated market which has been a cause for panic and distress to
The cryptocurrency users kost notably the bitcoin users as even the hardened ones were soon to use the panic button.

[rasp]

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

Hard times are for those people who bought BTC for $10k hoping that it will reach $50k be the end of the year.
It is indeed very discouraging to see that the value of your asset is "melting" every single day.
Though I do agree with you that bitcoin was a bit overestimated over the past several months and its current price reflects the more or less real demand.

[ParadoxXx]

We are the pioneers in this new economic model. If you can understand the implications that cryptocurrencies and blockchain will have for the future, you can't be pessimist.

[hasmukh_rawal]

Pessimism lies everywhere where there is a winning or loosing situation. Bitcoin or lets say crypto trading is also about winning and loosing where one wins when he gains profit in a trade and vice versa. There many kinds of people and some of them are those can't handle their loss and spread the pessimism because of their loss. The others are those who not aware of the potential of the technology and be pessimistic because of this. Some don't believe in the technology itself and thats why spread the pessimism whereas the others don't want others to make money and hence spread pessimism through their influence. The world is filled with such people and it depends on us whether to take the risk or not.

[KeijiN]

The same for me I am highly persuaded that bitcoins would be great and bright, those people who are pessimists just probably don't know enough about Bitcoin.

[lanalang]

It is much easier to say than to do,  as for me sometimes it is hard to believe that this grand would recover its price because it takes so long this time.

[henry clinton]

In the crypto world, being pessimistic is very much disrespectful. Generally the newbies become like this and create problems to the community.

[metenjean]

Pessimism comes from people who invest a lot of money in the start of January when the booming began and now saw their investment undervalue a lot which is a normal sign when you're just another overnight fortune seeker. Its true if you compare bitcoin since the beginning of its creation that bitcoin has been overvalue until now, but the recent development and booming in crypto nowadays has seen bitcoin as undervalued as it lost almost 70% of its value compared to the highest peak of its price. 

[SweetCryptoNews]

Also do not understand the pessimism that the crypto currency has hit the world. But people will eventually realize that the crypto currency is our future.

[Virtual miner]

The problem we are having right now is that a lot of newbies came into the market this year during the bull. They all wanted to get in on the action with no one wanting to miss out but the thing is they all got thing without a proper understanding of the crypto market. They are the people that are panicking right now because they are watching the values of their coins plummet thinking that the prices will never recover

Exactly my point!!

Newbies have had a lot of expectations set from the crypto market and market has failed to satisfy all what they needed from the market. Especially at this point of time when it is expected of the market to be a bit favorable after a long correction period, market has not been able to comply with the standards set by the newbie community. That is the reason a huge FUD has been created and nobody is able to come out of all of this. Lets just hope for superlative market conditions in the future is what most of us have to say as of now. But not everything can be controlled easily and so is the case with the crypto market. It behaves in its own kind and is full of uncertainities.

[sakamaku]

You should read all the market information right now, the market does not move well and investors are becoming increasingly discouraged just because they can not make money from the market.

[longwintershere]

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...

My 2 satoshis...

Pessimism is a mental attitude. Pessimists anticipate undesirable outcomes from a given situation, which is generally referred to as situational pessimism, or believe that undesirable things are going to happen to them in life more than desirable ones.

very very true. It has almost nothing to do with crypto, it has only to do with mindset of given people. all they need is to everything go in their favor in that given moment or they whine.

[Bugsbey]

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...

My 2 satoshis...

Most people are naturally afraid of losing. Optimism is very important for us to know what exactly we are going to do in hard times.If we keep on being afraid of not earning then we cannot think of a strategy properly.

[takadada]

You invest in trusting it, so trusting what you do, Bitcoin is underestimated compared to its true potential on the same user base.

[lucy94]

Me neither