eaglewhite80
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December 12, 2018, 07:40:07 AM |
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I do not know what these people doing on bitcointalk forum if they did not believe in crypto future, especially these people which saying that Bitcoin will go to zero. Emotion driven investing decisions usually are bad decisions. I am glad that I did not invested more than I am willing to lose, so my emotions about my investment are not that strong.
You really do think most of the people you see on bitcointalk have a clue what they are doing. Virtually a larger percentage of the people on bitcointalk heard that they can make some bucks from campaigns and that was one of the reasons we saw so many of them driving here like bees. Sometimes, even when I get to see what some legendary members post when it comes to the way the market is behaving, I tend to wonder if they even managed to learn any lesson at all since they have been in this space. It is what it is, mentality of people when it comes to increasing their wealth is to just hop into anything that makes that possible, as long as they hear of the promise, and they never care to learn the needful to make them understand what it takes to even be able to make good decisions when investing.
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virasog
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December 12, 2018, 10:16:41 AM |
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I learned about Bitcoin in 2013, but then, unfortunately, I did not believe in it. I created my investment portfolio in September 2018, at the moment all my coins show minuses, but I don’t regret because I firmly believe that the time will come when my portfolio shows XXX.
This time of commitment is not shown by many investors. Many people when they are in 10 or 20% in loss start complaining and feel that have lost everything. Those who do not sell in panic and can hold for a longer period of time will surely be in nice gains in sometime in future.
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clrpod
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December 12, 2018, 10:21:02 AM |
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I do not know what these people doing on bitcointalk forum if they did not believe in crypto future, especially these people which saying that Bitcoin will go to zero. Emotion driven investing decisions usually are bad decisions. I am glad that I did not invested more than I am willing to lose, so my emotions about my investment are not that strong.
You really do think most of the people you see on bitcointalk have a clue what they are doing. Virtually a larger percentage of the people on bitcointalk heard that they can make some bucks from campaigns and that was one of the reasons we saw so many of them driving here like bees. Sometimes, even when I get to see what some legendary members post when it comes to the way the market is behaving, I tend to wonder if they even managed to learn any lesson at all since they have been in this space. It is what it is, mentality of people when it comes to increasing their wealth is to just hop into anything that makes that possible, as long as they hear of the promise, and they never care to learn the needful to make them understand what it takes to even be able to make good decisions when investing. It stems from the fact that people are always taught thinking along the lines of the early bird gets the worm. Applying that logic to something like bitcoin, everyone invests before they even know what they're investing in. Then their investment starts of doing well and they think it's some sort of miracle investment and they don't bother to ever research it. They just focus on their wealth increasing and nothing else. Then when the market turns sour they have no information or understanding as to why and panic sets in.
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davis196
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December 12, 2018, 12:45:52 PM |
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The average crypto investor's mentality is a total mess,if you ask me. They don't know what to do,when to buy,for how long to hodl and what to do if a price crash occurs and yet they want big profits fast. If we sum it up,they will always lose.
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nur rochid
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December 12, 2018, 02:05:02 PM |
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I learned about Bitcoin in 2013, but then, unfortunately, I did not believe in it. I created my investment portfolio in September 2018, at the moment all my coins show minuses, but I don’t regret because I firmly believe that the time will come when my portfolio shows XXX.
This time of commitment is not shown by many investors. Many people when they are in 10 or 20% in loss start complaining and feel that have lost everything. Those who do not sell in panic and can hold for a longer period of time will surely be in nice gains in sometime in future. of course patience will produce something good. but for the patient, not all investors can go through it, many of them panic sell, and it actually makes the market worse, especially if done simultaneously
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CarnagexD
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December 12, 2018, 02:53:56 PM |
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The other things you mentioned also happen in the stock market. When prices are up, people think it's too expensive to buy; when the market crashes, they get scared and don't want to buy something that's obviously on sale. Even worse, if they sell at a loss when the stock they own starts to plummet. The markets are a weird taste of human psychology. Yup, it's a universal thing. Markets are all about psychology, which is why gauging sentiment can be really useful as a trader. I always watch things like the Speculation board, Crypto Twitter, the Tradingview chat, and Bitfinex/Bitmex long vs. short data to gauge what other people think will happen. More often than not, when most people believe something, they're wrong. Like you said, at the bottom people are too scared to buy. At the top, I find people are usually too greedy to sell. It's a whole fear/greed cycle. It is why for years people have had great success in gauging market/group psychology instead of focusing too much on fundamentals. At the end of the day it doesn't matter if something is the best thing ever, what matters is if people believe that it is. BTC could in time fall victim to this, it is one of the most revolutionary things of our time BUT it could be that long-term enough people don't begin to see this, or that they are disillusioned by what they see in mainstream media. [/quote The common mentality by the newbies investors often time with the wrong notion about the in's and out of Crypto Currency investment. like easy money after they put in their money on some coins as posted in the market with out knowing the Fundamentals, Market structure, Market status of such coin. they even end up buying cheap coin with a very new in the market yet expecting to have a good returned. Sad to note that they fall to a false belief in crypto market investment.
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BartS
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December 12, 2018, 10:03:40 PM |
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The OP speaks the truth, most investors are losers, they do not get profits out of their investments and that happens mainly because they are always behind the events that happen in the market, if you want to be a winner you need to be ahead of the events, one easy example is that we know that in the future the price of bitcoin will skyrocket again, we do not know when that will happen but it will happen so the easiest thing that you can do now is to buy bitcoin and then wait until that happens and even that simple strategy is beyond most investors.
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pedangrusak
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December 12, 2018, 10:32:17 PM |
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as human beings, many of us are emotionally trapped in making arrangements so that we dissolve in market trends and sell coins which should be a long-term investment. crypto dynamics are present and the downward trend will definitely be followed by a significant increase at some time thereafter. news and FUD will continue to exist to fill every crypto fundamentals and we only need to wait to get profit
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Renaldi blackspadeteam
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December 16, 2018, 06:29:48 AM |
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I think they must have the right thinking to trade crypto, because hesitant in choosing a decision it will always end in regret. sometimes smart people always think of the risks of each action ...
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MULTIK888
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December 16, 2018, 05:38:51 PM |
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Your words accurately describe the state of the average person who wants to earn a lot of money in a short period of time. Only the strong will stay here and only a select few make a profit. I am sure that the time of the bulls will come and also believe that the trend will soon change to positive, we just have to wait a little longer
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█ https://www.gooreo.com/ █ Gooreo [/ u] - Дeцeнтpaлизoвaннaя плaтфopмa кapьepы! █ https://t.me/gooreo █ [/ center]
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Theb
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December 16, 2018, 06:08:40 PM |
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Just when you start seeing articles that Bitcoin's bubble finally popped (funny enough the article is in the "opinion" section) you know that it has reached to the point that the mainstream media has started sticking it up into our asses that they were right all along. But I say let them ride out all the glory for today as we all know the bear season is where the haters are right most of the time, and to keep it real the only ones feeling the burn are the people who are at a loss, don't know what they are doing, or both. We will all have our winning moments when this cycle ends and reading articles that "Bitcoin finally popped" are only signifying that we are either near if not at the bottom level of BTC.
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Gibreil
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December 16, 2018, 08:11:22 PM |
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I learned about Bitcoin in 2013, but then, unfortunately, I did not believe in it. I created my investment portfolio in September 2018, at the moment all my coins show minuses, but I don’t regret because I firmly believe that the time will come when my portfolio shows XXX.
Yeah! I do want to be an investor but because I joined in bitcoin forum last year only, I hardly get my income since bear market came after the peak price. You are a good pioneer but you did not hold the moment. If I were you, I will put some effort in bitcoin back when 2013. I guess it could be hard from us right now to invest in bitcoin because we dont know if it will lose or go down more.
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1Referee
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December 16, 2018, 10:17:58 PM |
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Yeah! I do want to be an investor but because I joined in bitcoin forum last year only, I hardly get my income since bear market came after the peak price.
If you are just waiting for prices to go up or down, you create nothing, just waste precious time. On top of that, with how many derivate exchanges there currently are available, you could have made the bear market work for you instead of against you. In other words, it's your own lack of understanding that makes you not 'earn' anything right now. In the end, the idiotic way of how average joes think is beneficial to all the true hodlers out here. Seriously, people with a functioning brain have seen their Bitcoin stacks grow while noobs have seen everything they own almost vanish. I can't thank them enough for that. Thank you for making sure stronger hands own your coins now. My goal is to stack up BTC, not stack up USD.
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prasad87
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December 16, 2018, 10:52:35 PM |
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If we think that this forum is for Bitcoin lovers, people who really believe in it, and we look at the comments after each collapse, we will see panic and panic. How do you expect it for those who think it is as a bubble? We are looking to invest in Bitcoin as an easy way to make a lot of money, which makes it just worthless speculation.
Be a believer when you buy, or look for a guaranteed way to speculate.
Forum is mostly people who want fast profits and don't know how to short. Bitcoin is easy game if you know how to trade. But people buy and expect higher prices, then panic and start complaining
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Borderless trading with the Jarvis Exchanges. Buy Apple stocks with Bitcoin. Jarvis.exchange (http://Jarvis.exchange)
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Marsilius
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December 17, 2018, 07:29:01 AM |
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I was reading some of the mainstream press the other day, just typical news and politics, and among the articles was one about the fall of cryptocurrencies and "enormous losses that Bitcoin investors have to endure". What got me reading were the sarcastic comments below. Idiots wanted to buy fake money and got burn. Ponzi scheme. Bubble burst. They bought something that doesn't exist. It's going to 0 because it's worthless! There were a few saying that it's the best time to invest if you thought about it during the bull market and thought the price was too high, but those posters were downvoted and ridiculed. The average investor is always on the loss, because he's always angry and negative. When it's going up, he doesn't buy and says: why would I buy something that went up by 500% last month? It's clearly a bubble! When it's going down, he also doesn't buy: why would I buy something that is worth 30% of what it was? It's clearly dying!
Go to some mainstream forums and talk to people outside the tech space once in a while and you'll see why they aren't making money and why they will never make money. This is also the reason why bull market cycles are so similar and why they will keep repeating. The vast majority of people never learn, even when they see the same thing happening again and again. You'll see it when we have another bull market and Bitcoin reaches a new high. Let's say that it will be 50k USD, followed by a year long bear market that will take us down to 6000 USD. The society will continue to call it a ponzi scheme that is going to 0 this time for sure and they still won't buy at the bottom. They'll say that those who bought in the previous bottom were lucky and this opportunity will never come again. Don't be a grumpy investor!
I'm sure that less than 10% of the people around you knew about Bitcoin in 2017 and had the opportunity to buy. Less than 0.5% actually bought. Out of those, most sold at a loss and didn't make any money, or lost the coins at scams, casinos, hacked exchanges, ICOs. If your coins have more value now then at the time of buying, you can be proud. You're among the elite!
People will continue to hate what they don’t understand. And you just got to know that not everyone is meant to be an investor just like you are. Most of them you see that makes those hate comments are doing it out of anger, they are all just angry people because they missed it, so they are jealous angry that people were able to get rich and make ‘free money’ like they said, lol, without them knowing about all that. Let them keep being angry.
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davinchi
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December 17, 2018, 09:38:46 AM |
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I do not know what these people doing on bitcointalk forum if they did not believe in crypto future, especially these people which saying that Bitcoin will go to zero. Emotion driven investing decisions usually are bad decisions. I am glad that I did not invested more than I am willing to lose, so my emotions about my investment are not that strong.
You really do think most of the people you see on bitcointalk have a clue what they are doing. Virtually a larger percentage of the people on bitcointalk heard that they can make some bucks from campaigns and that was one of the reasons we saw so many of them driving here like bees. Sometimes, even when I get to see what some legendary members post when it comes to the way the market is behaving, I tend to wonder if they even managed to learn any lesson at all since they have been in this space. It is what it is, mentality of people when it comes to increasing their wealth is to just hop into anything that makes that possible, as long as they hear of the promise, and they never care to learn the needful to make them understand what it takes to even be able to make good decisions when investing. Investor and trader are different things. The average wannabe person wants to be a trader, they want to buy some obscure coin in order to get rich quick and they want their invested coin to do x10 quickly so they can move to the next one and make another x10 and so forth. Investor is the person who invests into something so they can make money later on. For example banks have a lot of money in their "vaults" (not like they keep cash that much anymore) and they put all that money into investments and buy big parts of companies on the stock market so they can actually make profit with money. Money itself is worthless and becomes less valuable overtime so they invest that money into stuff that would later on make more money and worth more. That's what investment is and no crypto investor is like that.
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South Park
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December 17, 2018, 05:55:52 PM |
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Investor and trader are different things. The average wannabe person wants to be a trader, they want to buy some obscure coin in order to get rich quick and they want their invested coin to do x10 quickly so they can move to the next one and make another x10 and so forth. Investor is the person who invests into something so they can make money later on.
For example banks have a lot of money in their "vaults" (not like they keep cash that much anymore) and they put all that money into investments and buy big parts of companies on the stock market so they can actually make profit with money. Money itself is worthless and becomes less valuable overtime so they invest that money into stuff that would later on make more money and worth more. That's what investment is and no crypto investor is like that.
That is precisely the problem, if more people wanted to be investors and put their money in good coins for the long term then they will have nothing to fear from the movements of the market, but many want to buy a coin no one has ever heard and make a huge amount of money in a matter of days and weeks, and as you may guess most of those people are disappointed with the market.
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Seeker#9
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December 21, 2018, 07:26:34 AM |
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These kind of people don't really understand what cryptocurrency is all about and that is the reason why they bitcoin everytime its price go down. Those so called average wanna be investors are only concerned on how fast they can earn profits in cryptocurrencies. They must educate themselve first on the basics of cryptocurrencies and learn how to choose the right decision before investing or buying some coins.
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hatshepsut93
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December 21, 2018, 08:25:22 AM |
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If you are reading comments on mainstream media or social networks, chances are you are reading comments from people who never traded in their live and are just hating on Bitcoin because it makes them feel good because of those "I was right" moments when the price is going down. These people are blind to see that todays low is yesterdays all time high, that Bitcoin has went from literally pennies to $4,000 in 10 years.
But a ton of actual investors have made profits, anyone who has bought more than 1.5 years ago and hodled to this day is in green. Just 3 years ago the price was in 3 digits territory. Long term investors are most likely in profit due to historic upward trend, it's day traders who are risking and panic traders who are risking the most and tend to be negative like you describe.
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efxtrader
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GoMeat - Digitalizing Meat Stores - ICO
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December 21, 2018, 12:59:55 PM |
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Most new crypto investor suffering loss in 2018 because the price drop very deep. But if we want to make profits in crypto, we should hold our coin or token for long term because its sometimes the project still on progress
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