WHY DO MOST PEOPLE FORGET BITCOIN SO SOON?

[Heatherwhite]

They did not completely forget it. It's just that BTC is useless to them and they think that they can't make a profit out of it anymore so they abandoned it like they don't know it. Don't worry because those people will come back because making lucrative money is what attracts us the most.

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[Zeque02]

Maybe because of the situation which is the value is very down. People thinks negatively about the happenings and proceed to forgetting the bitcoin which is very wrong. It really needs trust and patient in order to be successful.

[bitbunnny]

We have come to the situation where majority of people are involved in Bitcoin only because of profit.
Unfortunately, enthusiasts are just a few left and the whole idea of Bitcoin has entered into money.
So, when they don't get the profit they expect they get disappointed and leave Bitcoin for something else.
But I hope that future of Bitcoin will not depend on such people.

[Kakruzo12]

We have come to the situation where majority of people are involved in Bitcoin only because of profit.
Unfortunately, enthusiasts are just a few left and the whole idea of Bitcoin has entered into money.
So, when they don't get the profit they expect they get disappointed and leave Bitcoin for something else.
But I hope that future of Bitcoin will not depend on such people.

Good volatility and deflation concept make btc a very good option for both traders and holders. Btc seems to be a great investment opportunity, probably the best one from many aspects, so it will likely continue to grow, although some strong bear cycles are inevitable.

[sngwinner]

Do you think they have forgotten about Btc?? I do not think so because it is only right to seek the ideas of others when you getting confused. I admit such individuals might not have enough knowledge about crypto and hence the fear which leads to such threads.

[sarfield]

People who are discouraged and pessimistic will leave Crypto and they feel disadvantaged by their efforts.
The lack of crypto knowledge also influences its work in playing bitcoin in the bear market.
These moments are a good time to hold back and wait patiently for the development of the bear market.

[gamechangers]

Human beings forget too soon. We witness this often times in our daily lives as people tend to be ungrateful for the good we did for them. We are also seeing same with bitcoin today. Very many people have been made by bitcoin but all they do today is to say negative things about bitcoin.

[Alex_Kidd]

Anytime i see some members of this forum asking "Is Bitcoin dead"?, or "Is this the fall of bitcoin" i just become speechless because it is so shocking to hear that within just six months when bitcoin improved the financial status of people last year without any hard sweating people have forgotten about it so soon. I now understand the saying that "Men forgets easily". Well i can't really blame them but I know the few Real Crypto Enthusiasts like myself still believe in BITCOIN and we are going to keep investing in it because we know that the its value will rise with time.

People have a short memory and they usually get manipulated pretty easily. Just take a look at what happened last year, why did many people buy bitcoin and other cryptos? Because the television was talking about it, they didn't know anything about it but if the television was talking about it then it must be something important, that must be bought! And then they lose interest because of course there are other news, and people start forgetting about it until the next rally. And we live in a world where it's easy to say "this is dead" just because it's a bit off the radars. Many people will come back for sure, don't worry.

[yesyoupump]

Anytime i see some members of this forum asking "Is Bitcoin dead"?, or "Is this the fall of bitcoin" i just become speechless because it is so shocking to hear that within just six months when bitcoin improved the financial status of people last year without any hard sweating people have forgotten about it so soon. I now understand the saying that "Men forgets easily". Well i can't really blame them but I know the few Real Crypto Enthusiasts like myself still believe in BITCOIN and we are going to keep investing in it because we know that the its value will rise with time.

People have a short memory and they usually get manipulated pretty easily. Just take a look at what happened last year, why did many people buy bitcoin and other cryptos? Because the television was talking about it, they didn't know anything about it but if the television was talking about it then it must be something important, that must be bought! And then they lose interest because of course there are other news, and people start forgetting about it until the next rally. And we live in a world where it's easy to say "this is dead" just because it's a bit off the radars. Many people will come back for sure, don't worry.

I agree with you. We live in a world in which the social power depends of how you influence social media and how social media follow you promoting what do you want people buy.

[otandelapaz]

Most of those who "forgets" are people who were attracted to BTC's hype last year. They just got involved in crypto because they see "easy money" but they did not understand how things really work.
And now that the hype is over and they'll go away because it's not profitable anymore for them.

[Silberman]

Because for people that the only concern is to earn, if something is not giving them profit anymore then its time to move on and forget about what happened before.

Its the usual mindset if you're not really believe in the future of btc, for crypto enthusiasts no matter the status of your coins you will still hold on and look forward for the future growth of it.

The problem with that mindset is that was such way of thinking could allow you to be profitable in other markets in the market of cryptocurrencies which is so volatile such behavior will only increase your losses and the mission profits, which is exactly the opposite of which you want to do, this is why those that believe in bitcoin not only as a way to earn money but as a way to change the world are the ones that get the best profits.

[Jannn]

It's true, as soon as Bitcoin drops by more than 50% or so suddenly a bunch of threads appear about the death of Bitcoin and the cryptocurrency industry. These are just the weak holders coming to increase FUD about bitcoin, but in the end it doesn't matter what they say, bitcoin is nowhere close to dead. Saying Bitcoin is dead is like saying Ford is almost dead, their market caps are similar.

[KofiAdepa]

People just forget about BTC sooner than expected simply because they join BTC with their own agenda. They just want to move from grass to grace within a flash. One thing they seem to forget is that things don't occur that way. Everything is a process in the Crypto world.

[mattujusuruga]

Because so many newbie join in crypto worlds only know about bitcoin can make us rich, bitcoin is great investment, bitcoin is wonderful and etc, they only know all the good things about bitcoin and they indifferent to the risk. Then when bitcoin price dump they make stupid thread like that.
Suggest for all new member in crypto world, if you want to succes in bitcoin, you must believe it

[rosemary4u]

Bitcoin is the leading digital currency with huge volume on the market. It is never a valid statement for someone to subscribe to the fact that bitcoin has died. This amazing digital currency has stood up to all the criticism that has been levelled against it. The future of the world's finances is in bitcoin.

[doodle07]

Because they are lacked of information about bitcoin and maybe they are not really learning about it and just invest when it is on the mainstream without knowing the risks and knowledge of market flow. Be optimistic and stay whenever and whatever the situation is, take the risk and be successful soon.

[luckybit1]

They forget it because of the fall in price.People like when things are moving no stop..But in that case bitcoin has already made its name..even if you forget bitcoin it will serve as a history,that is to say before you mention on blockchain you most have to place it well to the person by mentioning bitcoin.

[Naughty Princess]

People who are discouraged and pessimistic will leave Crypto and they feel disadvantaged by their efforts.
The lack of crypto knowledge also influences its work in playing bitcoin in the bear market.
These moments are a good time to hold back and wait patiently for the development of the bear market.

Those people were lost many amount when try to invest on cryptocurrency because of lack of knowledge on how to work on it to make profit. They cannot handle the risk and each fall scare them so much. And almost believe on fake news and come into phishing sites. Those who forget about bitcoin soon cannot bear anymore what happen on the market.

[Labay]

Anytime i see some members of this forum asking "Is Bitcoin dead"?, or "Is this the fall of bitcoin" i just become speechless because it is so shocking to hear that within just six months when bitcoin improved the financial status of people last year without any hard sweating people have forgotten about it so soon. I now understand the saying that "Men forgets easily". Well i can't really blame them but I know the few Real Crypto Enthusiasts like myself still believe in BITCOIN and we are going to keep investing in it because we know that the its value will rise with time.

Almost every year they are some post like that and I think that's a proof of what happen every year that it start from small then rise and become cheaper.  I think it is the cycle of bitcoin and I think soon it can be recover like what it did for the past few years.

[Elerntta]

It is very easy to succumb to general panic in the market, especially if a person is quite new to investing. And to avoid this, you need to constantly improve your knowledge in bitcoin, communicate with other, more experienced investors.