Why is everyone expecting continuous growth?

[SirLancelot]

It doesn't have to be people who do not understand crypto all that well, I get that many people got into bitcoin because they heard somewhere that their friends friends friend bought bitcoin back in the day and now quite rich, I literally had a friend I haven't seen over a year ask me if I got rich when I saw him on a shopping mall once because bitcoin was 20k at the time, well I wasn't because I didn't had money before that and what I got in helped me pay for some stuff but nowhere near "rich" levels neither.

So, all those people who do not quite grasp bitcoin did got out and I can understand that. However, people who do know bitcoin got out as well, this was a corona virus pandemic break, I can totally understand why people may want to stay in cash during this time.

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[Brandonkimm]

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://eastblue.files.wordpress.com/2014/03/if-there-are-no-ups-and-downs-in-your-life.jpg

Well, I am currently looking into this not so new project which is Ilcoin and they've been in the industry for several years. What I love is their focus on decentralization, security and its huge huge 5gb block. Check it out at ilcoincrypto.com

[Sled]

Hard to change it when you are thinking of its positivity over the bad side of it. This is already in the mindset of everyone who believes in Bitcoin and even they suffer losses, they're still strong and keeping it. And I believe it so and so many times that we've been down so hard, the markets still recover because the support is still there and incredibly giving hope for everyone.

[jems]

Profit, maybe that's enough to answer your topic title. We know that people always want profit and loss because of hatred, and therefore when the market starts to decline there will be a lot of panic.

[Negotiation]

I agree with you that most people expect consistent growth so that problems can be solved easily  At present  the condition of the market is much worse The loss is greater than the profit. For this reason one expects constant profit to be satisfied Later if the market conditions are good then many will earn profits.

[Question123]

Many people of continous growth of the bitcoin and the altcoins because they have it so they need  to believe on that . Because they will earn more profit once it really happen I believe sometimes in continue growing of the coins but I know they have times like right now we experiencing dumping of the coins.

I believe also this dumping is not longer because anytime soon it will rise again and those people who have a lot of coins that they hold will get a good profit from the coin they bought and hold.

[tam31]

Those expecting continous growth might not be ready to face the concequences. There might be times when the price would also rally in the opposite direction without us being known. We should get ourselves prepared to face any such challenges.

[Yatsan]

Many people of continous growth of the bitcoin and the altcoins because they have it so they need  to believe on that . Because they will earn more profit once it really happen I believe sometimes in continue growing of the coins but I know they have times like right now we experiencing dumping of the coins.

I believe also this dumping is not longer because anytime soon it will rise again and those people who have a lot of coins that they hold will get a good profit from the coin they bought and hold.

If you will see bitcoin is actually having a continuous growth, (if you will look at it at long term basis).

How can I say that bitcoin is having continuous growth?

• Supply and Demand: Bitcoin have a limited supply so basically, as time passes by, the demand for bitcoin will go up and as long as there's a continuous demand there will be a continuous growth
• Historical Data: It's proven that bitcoin is having a continuous growth when you are going to based on charts. Yes! there's up and down but you can still see the upward trend

[Jateng]

I agree with you that most people expect consistent growth so that problems can be solved easily  At present  the condition of the market is much worse The loss is greater than the profit. For this reason one expects constant profit to be satisfied Later if the market conditions are good then many will earn profits.

In the long term, Bitcoin will go up but it will not directly uptrend thoughout the process. It will continue like it used to and that how market go. All good things will be difficult in the process and process that make bitcoin stronger throughout the end. We shouldn't that it will be a long term of bearish. Keep it mind that all market are also affected by what is happening around the world. So its not go directly upstraight, we should just enjoy the up and down of the price.

[Assface16678]

I agree with you that most people expect consistent growth so that problems can be solved easily  At present  the condition of the market is much worse The loss is greater than the profit. For this reason one expects constant profit to be satisfied Later if the market conditions are good then many will earn profits.

In the long term, Bitcoin will go up but it will not directly uptrend thoughout the process. It will continue like it used to and that how market go. All good things will be difficult in the process and process that make bitcoin stronger throughout the end. We shouldn't that it will be a long term of bearish. Keep it mind that all market are also affected by what is happening around the world. So its not go directly upstraight, we should just enjoy the up and down of the price.

The market price If the bitcoin rapidly fall down and most of the people pulling out their funds and investments and that is quite good because it really affects hard to the market price of the bitcoin and this time it falls immediately, but if you take a look at the market price of the bitcoin you can see that the price is higher than the market price last year also it is a good prediction that the price of the bitcoin will increase soon but it takes time to make changes on the profit and earnings because still now the market is continuously on the stable state and we are waiting on it again.

[South Park]

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.

To be honest when I read the posts of the older members of the forum you can see they understand very well the nature of bitcoin and they give the right advice to the newbies most of the time, but newbies come to this market with a distorted view of what they can achieve because for the most part they do not know what they are doing, if you take a look around the forum it is not rare to find topics of newbies asking how they can double their money in just a few weeks and while that is not impossible it is not something that you can do consistently at all.

[bitbunnny]

It's not realistic to expect continuous growth. Bitcoin is volatile by nature and price ups and downs are part if the cycle.
Some think that halving will raise the price up, some believe that corona virus crisis will also affect Bitcoin price in positive way. The fact is that this is hard to predict and you definetely can't count on that as a fact.

[Alvi69]

This is a human nature every body want to see that his coins will go up and up even no limit of this expectation, We all have greed inside us but the question is how much,

In my opinion the people who contrle their greed and emotions are the champion the rest of all are cause to let them be champion.

[Bitcoin_Arena]

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.

People who have such a kind of thinking are newbies when it comes to trading. No experienced trader can think about a continous growth in value of an asset or cryptocurrency without the price dropping back at certain times. For a health growth in value of an asset, after every rise in price, there is always a correction.

"More like, what goes up must come down"

[Oceat]

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.

People who have such a kind of thinking are newbies when it comes to trading. No experienced trader can think about a continous growth in value of an asset or cryptocurrency without the price dropping back at certain times. For a health growth in value of an asset, after every rise in price, there is always a correction.

"More like, what goes up must come down"

Well, life is just like that and it's a cycle—everyone has their chance to go each path and what happens to the market is just like what happens to us people. Just leave those who thinks like everything has no ending that continuosly grow without experiencing some ups and downs. They were newbies who needs to learn the hard way in order for them to change their mindset.

[South Park]

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.

People who have such a kind of thinking are newbies when it comes to trading. No experienced trader can think about a continous growth in value of an asset or cryptocurrency without the price dropping back at certain times. For a health growth in value of an asset, after every rise in price, there is always a correction.

Besides continuous growth is not really desirable, after all if that was the case then the only valid strategy to make money in the markets will be to buy an asset and hold it forever, however we know that as a trader you can make more money than a holder and that is because periodically the price goes down giving you a chance to buy an asset for a very low price and then when the price of such an asset goes up again you can sell it for a good profit.

[princerepon]

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.

That's hilarious.!! I mean in which point people think like that. Who are those people actually..? I heard/saw sometimes too but they never explain properly why they think like that. I think they are just attention seeker nothing else and my advise will be stay away from those people. Everyone knows that crypto/btc market is much sensitive than other marketplace but crypto or btc ain't created for gone it's created because people need that for good and it'll survive in bad situation like others currency do.

[sulendra12]

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

Yeah, they are either just let their ego take over their minds or they just don't even care with what is the benefit for people to actually buy something when the price is at the bottom phase. If the price is continuously growing then there is no use of buying where people would just literally just hold it and that means no one would actually buy it because of its price. Think about it.

[Denamen]

This is a human nature every body want to see that his coins will go up and up even no limit of this expectation, We all have greed inside us but the question is how much,

In my opinion the people who contrle their greed and emotions are the champion the rest of all are cause to let them be champion.

Greed when choosing to invest is inevitable when investing but if you know how to control your emotions, you will know where should be the time to sell because that is the only way to profit from this market. Anyone wants this market to increase, but it certainly will not happen now and may be even more difficult because the situation is very unstable now and covid-19 is delaying it all.

[Janation]

This is a human nature every body want to see that his coins will go up and up even no limit of this expectation, We all have greed inside us but the question is how much,

In my opinion the people who contrle their greed and emotions are the champion the rest of all are cause to let them be champion.

Greed when choosing to invest is inevitable when investing but if you know how to control your emotions, you will know where should be the time to sell because that is the only way to profit from this market. Anyone wants this market to increase, but it certainly will not happen now and may be even more difficult because the situation is very unstable now and covid-19 is delaying it all.

It is the reason why a lot of people are getting scammed.

If we will never control those feelings of greed in ourselves, we might find it hard to acquire good profits. In terms of selling, I think it is really hard to decide when to sell and when to buy. With the unpredictable movement of the price charts, we never know what exactly will happen so we just based on the indicators. Another thing is that it is already said that the pandemic has no direct effect on the market so we don't need to worry about it.