TitanGEL
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March 24, 2020, 12:20:37 PM |
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In my opinion, the only opportunity for a positive growth in the cryptocurrency market today is halving 2020. Of course, questions will arise, Why exactly this event should so strongly affect the cryptocurrency market. I view this event through the prism of previous halving, when bitcoin prices began to rise too actively. And if Bitcoin prices go up, then the entire cryptocurrency market reacts positively to this.
But halving isn't the only opportunity for bitcoin growth. For making an example, in 2017 when bitcoin got an ATH, there was no halving but increase in awareness and demand that made that happen. The different now is that people are expecting halving for growth. Seriously we could even expect a drop from bitcoin, that is not a wrong thing to expect, you can be bearish on bitcoin time to time, if it is often or all the time that is really bad because always want people to want bitcoin to be bullish, however if you are rarely a bear that is fine as well. Bitcoin was $20k at one point right? Being bearish during that time wasn't a bad idea and I would totally understand because it was grossly overvalued at that time, it is only natural that it would drop. However right now that is not that day, right now is the day that we go back up, right now is the time we can actually make a jump higher. So, you can tell everyone that you do not expect a continuous growth all the time, but you should expect it on days like these at least. Their high expectations can results to their frustration, they keep expecting that the price will straight to go up without considering the major resistance that the bitcoin can face. They think that the bull market will happen forever and that is why they keep holding their bitcoin, I'm not a speculator and I focusing my decisions base on what happening in the price. Before the price go down, I manage to sell my bitcoins because charts doesn't lie.
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wozzek23
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March 24, 2020, 01:36:52 PM |
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Because it's sweet! Everyone loves the growth of their investment, so, when they see a good uptrend in the crypto market, they start making more big plan without thinking about down! And when the dump happens, they start feeling panic! But we shouldn't forget that everything has ups and downs, so, you can't expect only growth,!
And this also has to do with the past trends and since bitcoins has always been increasing exponentially that is why people are more optimistic and hopeful because if you look at stocks people are absolutely fine with the up and downs and life goes on, but when you are purchasing an asset that is new to you then you certainly expect higher profits and panic quickly if it goes the wrong way. The identity problem is one reason why crypto traders panic too early because there is nothing to do if what you hold becomes dust next morning you wake up and this insecure feeling makes most traders sell off once they see a trend of downfall. Even when I was new I used to sweat looking at these kind of charts but with time, I have learned that this is just the nature of the crypto market, high profits and hence chances of big loss.
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South Park
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March 24, 2020, 06:48:48 PM |
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Well, I do not see anything wrong with that altitude. It is human to always want things to go in our favour. When you buy you want it to quickly go into profit and when you sell you want it to keep going down so as to justify why you sold. And if it begins to go up after you've sold, you feel bad and want to beat yourself silly.
There is an obvious problem with a that attitude, it does not matter how good you may think you are as a trader it is impossible to always get your way, if your trading strategy is completely dependent on being right 100% of the time and that the market always does what you want it to do then you will eventually lose all your money, some room for error must be accepted and we must also accept the reality that the market cannot go up all the time, and yet this simple truth is forgotten by the majority of the participants on the market.
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wxxyrqa
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March 24, 2020, 07:04:20 PM |
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It seems to me that they are talking about the near future prospects of the cryptocurrency market, because the date of the next bitcoin Halving is approaching. It's no secret that halving the remuneration for miners last time caused very positive changes in the entire cryptocurrency market, including an active increase in the price of bitcoin. In addition, it is necessary to take into account the fact that many countries begin to change their minds regarding certain cryptocurrencies, as well as many start-ups begin to finish work on their projects, which will make it possible to introduce cryptocurrency into people's daily lives. We are on the verge of a grand opening of cryptocurrency for every person in the whole world.
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TrevorS
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March 24, 2020, 07:29:58 PM |
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That is a natural thing and it must continue like that to keep the ecosystem good, meaning that cryptocurrency has great hopes for the future. There is nothing wrong with such actions.
I believe that there is one dubious point in this - risks. When people hope for a certain result, one way or another, they stop thinking alternatively, and often rely too much on their idea. This leads to the fact that in case of unexpected consequences, people get lost and do not understand what they should do, as a result of which they lose a lot on mistakes.
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Kelvinid
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March 24, 2020, 10:52:18 PM |
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I don't think that everyone seems to have that kind of optimism because we all are into that kind of thinking, we are not able to see dumps and panic seller but instead, we might only see a growing market demand and support as well. We have suffered a huge decline and not only because of COVID-19 but this purely because a lot of people become hopeless and out of the positivity. This only means that many were still in the doubts, this is the real facts in crypto.
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nelson4lov
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March 25, 2020, 08:00:59 AM |
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It's typical of humans. We're always expecting everything to be perfect and well at all times. Even though we know it's not possible, we still want it to be that way. When the market is down, we want it to go up. If the market is up, we want it to go higher. The market doesn't work that way.... Heck! Even life itself has ups and downs. That's why there's a disadvantage for every advantage. But people don't want to have any of this. I think it's just how humans naturally are.
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conected
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March 25, 2020, 01:03:39 PM |
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It's typical of humans. We're always expecting everything to be perfect and well at all times. Even though we know it's not possible, we still want it to be that way. When the market is down, we want it to go up. If the market is up, we want it to go higher. The market doesn't work that way.... Heck! Even life itself has ups and downs. That's why there's a disadvantage for every advantage. But people don't want to have any of this. I think it's just how humans naturally are.
- I believe that people understand how the market works, they know that perpetual growth has a very low rate of occurrence but they always believe that there are exceptions, hope will never be suppressed, there will always be light in the dark corners of life. Although this expectation seems unrealistic but at least the positives are still evident, people need such positive things to continue to live, if we only think of negative things and give up everything, we probably will not be successful, especially in a world of pressure and failure like crypto
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imstillthebest
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March 25, 2020, 01:25:39 PM |
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It's typical of humans. We're always expecting everything to be perfect and well at all times.
its true but not all . there are people that know how crypto works . like me i dont expect for a price increase at all times but when the times that crypto is really dump as in hard , i cant still help it but hoping for a recovery or an increase . Even though we know it's not possible, we still want it to be that way.
its possible for a continous growth but not that continous forever . i mean for example when the btc grow from 10k to 18k usd before . we people see a continous growth then it stops at 18k usd . When the market is down, we want it to go up. If the market is up, we want it to go higher. The market doesn't work that way
you forgot that people also pray for the value to go down because they think they can buy and hodl more and expect another pump in the future .
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BitcoinTurk
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March 25, 2020, 01:28:05 PM |
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I don't know if it's only my perception but I constantly notice people who expect continuous growth. Whether it is bitcoin, crypto, stock, they only see one side of things and never the opposite. Yes, things go up but they can go down, and going down does not mean the stock/crypto is dying. It means it is alive! So please stop all these recession & bitcoin going down topics and be wise ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Feastblue.files.wordpress.com%2F2014%2F03%2Fif-there-are-no-ups-and-downs-in-your-life.jpg&t=665&c=-eO_Q-nfkpIrDA) The situation you mentioned is something about human and investor psychology. The investor is aware of the risk that he will only lose his money when he makes a new investment because he does not consider investing by losing his money. If we need to pay attention to a common feature of all investors, I would like to say without exception that every investor thinks optimistically for their own decisions. Human psychology deceives itself in this way because, as I said in the previous sentence, even no one makes an investment in which he will lose money. On the other hand, since expectations are always on the positive side, nobody will invest by thinking about bad scenarios because those bad scenarios will only remain as possibilities for the investor. Also, I want to say one more thing in addition to all these. Generally, the amateur investor always has an upward thinking when good market conditions are provided and when he reflects this to others, he feels that he is a good investor and an estimator. This is also the case for decline scenarios. This is why many people here consistently create many headlines after upward or downward movements.
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Subbir
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March 25, 2020, 01:52:10 PM |
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I think it's good to figure on time in every job If you would like to hurry, you usually need to suffer loss that's why investing in bitcoin within the cryptocurrency market is predicted to steer to sustained growth. it'll be during a slush range and if the worth goes up we'll get an honest profit The market is usually emerging and threatened with high expectations. need to work with a positive attitude.
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Kurokonobasuke
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March 26, 2020, 05:13:52 AM |
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Indeed, not only on your perception, I also noticed that kind of perspective of many people. Many crypto users are expecting the continuous growth but it was very impossible because when it comes in online platforms like trading or investing we don't handle or manipulate our money there, because it was volatile may be go up or go down everyday, every hour and every minute. So that it must be fine if we don't expect on many things.
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Dr.Osh
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March 26, 2020, 06:59:39 AM |
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Indeed, not only on your perception, I also noticed that kind of perspective of many people. Many crypto users are expecting the continuous growth but it was very impossible because when it comes in online platforms like trading or investing we don't handle or manipulate our money there, because it was volatile may be go up or go down everyday, every hour and every minute. So that it must be fine if we don't expect on many things.
Well, volatile conditions do not make prices continue to rise. however, I think that the increase can still continue when good trends emerge. however, we expect prices to keep rising for the simple reason that we are achieving our targets. it's just that, we all expect really high prices.
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coinfinger
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March 26, 2020, 09:30:41 AM |
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To be sincere lots of people don’t even know what they are doing here, and they don’t understand how Bitcoin and other cryptocurrencies works. Due to they don’t understand cryptocurrency they see it as a means for quick income while it doesn’t work that way.
Anyone that sees cryptocurrency as a quick means will always be expecting the price to go up and when it doesn’t, they will be worried about it. I blame some of us for this kind of situation, there are some enthusiasts here that don’t explain properly to people and tend to mislead them with their wrong information by saying that cryptocurrency (Bitcoin) will make them rich.
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Yamifoud
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March 26, 2020, 11:18:34 AM |
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Indeed, not only on your perception, I also noticed that kind of perspective of many people. Many crypto users are expecting the continuous growth but it was very impossible because when it comes in online platforms like trading or investing we don't handle or manipulate our money there, because it was volatile may be go up or go down everyday, every hour and every minute. So that it must be fine if we don't expect on many things.
Well, volatile conditions do not make prices continue to rise. however, I think that the increase can still continue when good trends emerge. however, we expect prices to keep rising for the simple reason that we are achieving our targets. it's just that, we all expect really high prices. Dumps are a big challenge for everyone and yet, we've been tested how strong we are up to this time. Nobody wants to lose their capital instead of thinking it to double or make it triple. But then, we should have to realize also that we live this kind of volatility. Even we think that this never makes the market price continue to grow high (which meant to be wrong IMO) but it gives a possibility as well. You'll be surprised if one day you wake up and see the market being in the bullish again, that's because we have this kind of market.
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SacriFries11
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March 26, 2020, 01:38:19 PM |
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I think it's good to figure on time in every job If you would like to hurry, you usually need to suffer loss that's why investing in bitcoin within the cryptocurrency market is predicted to steer to sustained growth. it'll be during a slush range and if the worth goes up we'll get an honest profit The market is usually emerging and threatened with high expectations. need to work with a positive attitude.
A lot of people are only thinking about totally straight to up knowing that its not all about that. Its not work like that and everything is not easily especially if you just look at it. Growing will take a lot of time and will struggle along the road. If their mindset is an easy money, they not belong in here. Going down the price is just the process for building something big so its better to enjoy process and continue to ride on this.
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Findingnemo
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March 26, 2020, 07:55:22 PM |
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Because people want the money that is why they are looking for profits from day one itself when they invest in something. But one who have enough experience on investment platforms have knowledge about how it works and they will utilize the top and bottom of the market.
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gentlemand
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March 26, 2020, 08:53:56 PM |
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I fully expect continuous growth in Bitcoin over a longer period of time. There will of course be peaks, troughs and panics along the way but it seems not enough people here have enough perspective of where Bitcoin is placed.
The amount of ignorance about it out there is still stunning after all these years. There are billions of people who haven't taken a few minutes to think through what it actually means. Education is a shit ton of growth right there.
Once enough people understand it then it enters another phase of actual usage. So far there is virtually no actual usage beyond speculation.
Once every possible person is using it and every possible use has been explored and created then you have deflation and that really is continuous and eternal growth versus the things we're used to.
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stomachgrowls
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March 26, 2020, 09:52:40 PM |
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Because people want the money that is why they are looking for profits from day one itself when they invest in something. But one who have enough experience on investment platforms have knowledge about how it works and they will utilize the top and bottom of the market.
Until those people realized their mistakes when theyre been heavily wrecked because of their wrong expectations towards it and thats how thing works where the longer you do stay to this market the more better things to be understand.Impressions on first place will surely change up when you do able to met up the reality. Market doesnt work on what are those things in mind for those first timers yet we would surely face up a wave-like journey into this market and as a trader or investor, we should know on how to utilize these movements to make money.
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Polar91
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March 26, 2020, 11:49:19 PM |
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I don't know if it's only my perception but I constantly notice people who expect continuous growth. Whether it is bitcoin, crypto, stock, they only see one side of things and never the opposite.
I think the main reason is ignorance. They continuously keep ignoring every possibilities because they don't want to seek for it nor to happen but we all know that no one can prevent that to happen. We can't blame them because that could be their way in order to fight for their emotion which is dragging them down with regards to their criticial thinking when deciding wether to hold or to sell.
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