princerepon
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March 17, 2020, 08:52:05 PM |
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[snip]
Nice example by the way. Not everyone but yes some people think like that and those thing are define people how much maturity we earn in our life. This is not first time crypto currency gone down. It's a part of trading. We already past much horrible time than this one and we also did rise up from that (if we see crypto currency's past). And undoubtedly this time also we will recover as before.
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Yamifoud
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March 17, 2020, 09:53:15 PM |
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Because everyone wants their assets to grow fast. But they do not want to think about reality. People are very greedy, which is why many people have purchased altcoin when price was top. Now they are in huge loss. So now they want the market to recover, they will get their money back. They are in such a situation now that they become frustrated when the market is dumped.
Here is involved not only greed but also ignorance. When coins are at the peak of their growth, as a rule, there are a lot of people advising you to invest right now. Such people most often bought coins much earlier than advised, and it is vital that they continue to grow by at least another 10%. They are trying to provoke other people to support growth before they sell their coins, thereby provoking a recession. Yeah, you can hear them saying it loud...BUY BUY BUY because the price is cheap and for now, nothing to hear buy but HOLD and HOLD. I'm not discouraging people to keep away from investing in Bitcoin/crypto, only I would like (and most member here) to educate people about investing crypto. Instant ROI, easy money should have to be out in our mind coz this is not what you've got in the reality. And this what we have to understand.
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Kasabus
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March 17, 2020, 10:26:41 PM |
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It's hard often time for people to consider the negatives. That's human nature, and I'm human so I can relate heavily. You become part of a project, you're so excited about it that you don't consider the negatives.
You should not be too impressionable and have high expectations regarding any project. It is necessary to soberly assess the situation and have escape routes in any scenario. Evaluation of negative aspects is one of the most important parts of your analysis of any project. As a trader, you always aim to gain profits so you expect that the market price will always keep growing. But being a good and experienced trader knows how to analyse the market and is always open when negative news hit the market which will make the price dump again. It's good to stay positive all the time but sometimes we should be realistic enough particularly in crypto trading.
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Farma
Legendary
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Leading Crypto Sports Betting & Casino Platform
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March 18, 2020, 06:06:43 AM |
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As a trader, you always aim to gain profits so you expect that the market price will always keep growing. But being a good and experienced trader knows how to analyse the market and is always open when negative news hit the market which will make the price dump again. It's good to stay positive all the time but sometimes we should be realistic enough particularly in crypto trading.
sometimes the good that happens makes people think so positively, while the decline that occurs makes people think negatively. this makes many people panic sell and buy. honestly, everyone wants prices to rise quickly, because of this, sometimes there are still people who think positively when prices fall. but, you're right, that we need to adjust it to the circumstances. at this time the situation is quite difficult to understand, there is a potential to go up big, but the downward potential is also quite large. so, I only give advice to make decisions about your situation, because prices will not necessarily go up, even though everyone thinks that way.
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alan2here
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March 19, 2020, 02:40:31 AM |
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It's hard often time for people to consider the negatives. That's human nature, and I'm human so I can relate heavily. You become part of a project, you're so excited about it that you don't consider the negatives.
You should not be too impressionable and have high expectations regarding any project. It is necessary to soberly assess the situation and have escape routes in any scenario. Evaluation of negative aspects is one of the most important parts of your analysis of any project. As a trader, you always aim to gain profits so you expect that the market price will always keep growing. But being a good and experienced trader knows how to analyse the market and is always open when negative news hit the market which will make the price dump again. It's good to stay positive all the time but sometimes we should be realistic enough particularly in crypto trading. Trading in this market requires a lot of skills and you are not always calm enough to decide. In fact, the crypto market is very volatile and can cause you to lose all your profits in just one day if the market collapses. I have witnessed many things like this happening here and that is really the challenge that you need to overcome. In addition, you must always be confident and always have a reasonable strategy to make money in this market.
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KnightElite
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March 19, 2020, 03:40:05 AM |
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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 It is because of their greed, they keep hoping that cryptos, stocks, indices can easily go up even there is a recession that is happening. Hoping is not a bad thing bad we sure understand what is happening the market nowadays. Investors are now withdrawing their money in different investment instruments because of the panic and fear.
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rodskee
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March 19, 2020, 04:33:47 AM |
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It's hard often time for people to consider the negatives. That's human nature, and I'm human so I can relate heavily. You become part of a project, you're so excited about it that you don't consider the negatives.
You should not be too impressionable and have high expectations regarding any project. It is necessary to soberly assess the situation and have escape routes in any scenario. Evaluation of negative aspects is one of the most important parts of your analysis of any project. As a trader, you always aim to gain profits so you expect that the market price will always keep growing. But being a good and experienced trader knows how to analyse the market and is always open when negative news hit the market which will make the price dump again. It's good to stay positive all the time but sometimes we should be realistic enough particularly in crypto trading. thinking positive is Good when we are investing and nothings wrong about than,the important thing is we are ready for any cause of dumping so whenever the market falls we must expect it and ready to conquer the fear of losing.because if we are only in positive but no nothing about the negative then we will surely lose of panicking when time comes that big fall happens like what we had few days ago.
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Janation
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March 19, 2020, 05:02:25 AM |
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[snip]
Nice example by the way. Not everyone but yes some people think like that and those thing are define people how much maturity we earn in our life. This is not first time crypto currency gone down. It's a part of trading. We already past much horrible time than this one and we also did rise up from that (if we see crypto currency's past). And undoubtedly this time also we will recover as before. That is right, investing in a volatile cryptocurrency, people should expect this kind of dumps. As you said, we've been through a lot much worst than this and that particularly is in 2017. The price fell, yes but always remember that Bitcoin is not a safe haven investment; things like this will surely happen and people should be wary of it.
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miningguru
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March 19, 2020, 07:04:38 AM |
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[snip]
Nice example by the way. Not everyone but yes some people think like that and those thing are define people how much maturity we earn in our life. This is not first time crypto currency gone down. It's a part of trading. We already past much horrible time than this one and we also did rise up from that (if we see crypto currency's past). And undoubtedly this time also we will recover as before. That is right, investing in a volatile cryptocurrency, people should expect this kind of dumps. As you said, we've been through a lot much worst than this and that particularly is in 2017. The price fell, yes but always remember that Bitcoin is not a safe haven investment; things like this will surely happen and people should be wary of it. Yes, we have seen this type of downfall from 2018 to till date, which many people afraid a lot previously that bitcoin will decrease its price below 1000$. Even now people are predicting the price of Bitcoin will go below 2000$ and this makes many people panic about the current situation, but people should understand it is an opportunity to grab the Bitcoin at low value.
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bitgolden
Legendary
Offline
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
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March 19, 2020, 02:48:03 PM |
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When I first got into bitcoin I was 23 years old, now I am 30 years old, too many things changed in my life, when I first got into it I was a fresh out of college kid that was working on his first ever job and had a fiancee, now I have been married for 6 years and became almost a veteran in my job.
Considering all of this I could say that I have matured in some parts of my life and not so much in others, when I play games I am still the 15 year old kid that wants to destroy my friends and family, but when it comes to finance I have realized I have matured enough to not go crazy about every single move, if I make 1 million dollars tomorrow out of nowhere with some jackpot or something, I would still be happy but not go insane and spend it all in a month like I probably would do back in the day. With that in mind, that is why I realize now that there were days I made profits consecutive days, just this year, so I can take the losses as well.
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cutesgirl
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March 19, 2020, 06:53:46 PM |
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Just stupid investor not have hope for bitcoin growth to higher price, what for we are investing in bitcoin and altcoin without get expectation for growing up, although bitcoin have been dump several days ago always have little chance for bitcoin go back to higher price and give more fantastic moment at the next time for many holder and investor.
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cryptothreads
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March 20, 2020, 12:53:54 PM |
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Just stupid investor not have hope for bitcoin growth to higher price, what for we are investing in bitcoin and altcoin without get expectation for growing up, although bitcoin have been dump several days ago always have little chance for bitcoin go back to higher price and give more fantastic moment at the next time for many holder and investor.
I will still place expectations on Bitcoin because this is a difficult time that any investor will have to meet. I am not sure what the market will look like in the near future, but based on what is happening, the possibility of Bitcoin price will drop even more. Indeed, 2020 is not a good year for you to invest and think carefully before you want to buy a coin.
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South Park
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March 20, 2020, 03:05:26 PM |
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By the looks of things are going, we are not expecting a continuous growth but not this neither. Look at the prices, look at what has happened in the world right now. Do you guys realize whats about to happen? Normally when economy is good, that means rich are getting richer and poor are just getting by, we are not getting a better life but just a decent one that we do not die of starvation and semi-healthy.
However, when global epidemic causes a global crash, that means we will have hard time basically surviving, your bills, your food, your rent, your school, your healthcare, your life basically will be much much more expensive and you would have hard time even going one month to another like this. So all in all everything is going horrible, we do not expect a continuous growth but not a crash neither.
Without a doubt the current economic situation is very difficult as many of those people that live day to day or have their own small business are suffering the most since even with the crisis they still have to pay a lot of expenses and there are some industries like restaurants that are experimenting a decrease of their profits of 80% or even 100% when they are forced to close their doors in order to reduce the rate of spread of the disease and most of those small business will probably be forced to close their doors permanently as they cannot keep up with the expenses.
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matchi2011
Sr. Member
Offline
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
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March 20, 2020, 03:23:00 PM |
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Just stupid investor not have hope for bitcoin growth to higher price, what for we are investing in bitcoin and altcoin without get expectation for growing up, although bitcoin have been dump several days ago always have little chance for bitcoin go back to higher price and give more fantastic moment at the next time for many holder and investor.
Yeah right why you will invest if you are not hoping for good outcomes, only those stupid investors who are looking to lose their investment instead of aiming to get some more money for their investment. Think positively and look for the best results of your invested money, continuous growth if you invest with the right project.
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ufaiz50
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March 20, 2020, 03:32:39 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 I know that, but this is a place where you can express their opinions and their hopes for cryptocurrency. I know what you mean, the market will also understand, because cryptocurrency is volatile. no increase continues, and hope just hopes that it will not affect the market if they do not contribute to the market itself
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Quidat
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March 20, 2020, 11:59:07 PM |
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Just stupid investor not have hope for bitcoin growth to higher price, what for we are investing in bitcoin and altcoin without get expectation for growing up, although bitcoin have been dump several days ago always have little chance for bitcoin go back to higher price and give more fantastic moment at the next time for many holder and investor.
Yeah right why you will invest if you are not hoping for good outcomes, only those stupid investors who are looking to lose their investment instead of aiming to get some more money for their investment. Think positively and look for the best results of your invested money, continuous growth if you invest with the right project. When we do invest then weve been already projecting for profits but we should not think off literally about continuous growth which some people do really believe on which isnt right because market doesnt really work that way. Positivity is always been good but we should be realistic because if you do push it hard or do think into things which are impossible then you would just only commit mistakes just because you are being pressured or stress because of the thing that have into your mind.
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Janation
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March 21, 2020, 01:19:32 AM |
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Yes, we have seen this type of downfall from 2018 to till date, which many people afraid a lot previously that bitcoin will decrease its price below 1000$. Even now people are predicting the price of Bitcoin will go below 2000$ and this makes many people panic about the current situation, but people should understand it is an opportunity to grab the Bitcoin at low value.
Hope people took your suggestion since we are seeing the price increasing slowly. Been checking the price of Bitcoin for the past hours, it is boring here in our house and watching TV wouldn't cut it, and I saw the increase reaching at $6.5K. That is almost $1K increase in almost a day, if people took advantage of that low price, they would be seeing their portfolio now with a good profit. How much more if after halving.
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maydna
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March 21, 2020, 03:38:32 AM |
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Yes, we have seen this type of downfall from 2018 to till date, which many people afraid a lot previously that bitcoin will decrease its price below 1000$. Even now people are predicting the price of Bitcoin will go below 2000$ and this makes many people panic about the current situation, but people should understand it is an opportunity to grab the Bitcoin at low value.
If people can think clearly about the opportunity to buy bitcoin at a low price, they will see that as a great time to buy, but if they panic, they will not see anything except they will know that they will get lost. Right now, bitcoin price back to increase, and many people use this opportunity to sell their bitcoin after they bought it a few days ago. That is why people still expecting continuous growth of bitcoin price because they already buy a lot of bitcoin at a low price, and they are waiting for the next moment of the increasing of the price.
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coin_1122
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March 21, 2020, 05:32:20 AM |
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Just stupid investor not have hope for bitcoin growth to higher price, what for we are investing in bitcoin and altcoin without get expectation for growing up, although bitcoin have been dump several days ago always have little chance for bitcoin go back to higher price and give more fantastic moment at the next time for many holder and investor.
I will still place expectations on Bitcoin because this is a difficult time that any investor will have to meet. I am not sure what the market will look like in the near future, but based on what is happening, the possibility of Bitcoin price will drop even more. Indeed, 2020 is not a good year for you to invest and think carefully before you want to buy a coin. What you said is absolutely right, which we don't know what will happen to the market in this year because we are seeing a completely negative side in the market and this makes we might lose value again. This is not the right time for the investors to invest in crypto's until the market becomes stable.
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Maestro75
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March 21, 2020, 05:42:08 AM |
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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.
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